94 replies to this topic

[12SPX]

Have been waiting for the cash open to see if the pop overnight was going to hold and now were even higher even though really nothing has been achieved in the end.  Selling the daily 7580 calls for $4.50

[12SPX]

I find this all very interesting as I strongly believe that this time around Trump has made a huge mistake in thinking they can deal with Iran.  As long as the regime remains in charge volatility will remain.  I'm selliing the daily 7560 calls for $10.20 as I don't mind building a short there if needed....

[12SPX]

Taking profits going into the final hour taking profits on the sold 7560 calls for $2! Still holding the 7580's

[12SPX]

My 7580 calls expired worthless for $4.50 yesterday and overnight I was filled on today's daily 7600 calls for $4.50 as it was a big move yesterday that needs to be digested as it seems to be that way as oil is down again

[redfoliage2]

The good news from US-Iran peace negotiation framework agreement has been priced in, and the market currently is in extremely overbought conditions.  Now the big uncertainty is what the new Fed president will say or will not say tomorrow .........................

Edited by redfoliage2, 16 June 2026 - 09:14 AM.

[12SPX]

Taking profits on the sold daily 7600 for a profit of $4.25.  Little volatility but that's okay it will come for sure

[redfoliage2]

However, I see dips are more likely to be bought.  We should see new highs to be made with stock indexes as crude oil price going further lower and so the inflation .........................

Edited by redfoliage2, 16 June 2026 - 11:09 AM.

[redfoliage2]

Well, this may derail the signing of US-Iran peace agreement, and so market participants are taking profit today:

 

Israel and Hamas at War News | Today's Latest Stories | Reuters

Edited by redfoliage2, 16 June 2026 - 01:24 PM.

[12SPX]

With the directionless market no reason to rush.  Was filled overnight on the daily 7600 calls once again for $3.50.  We'll see how the cash open goes to add to trades. Would love to see more of a sell off to put on some puts now that volatility may be picking up again!! 

[12SPX]

Will likely be out of the trade before the fomc meeting ends with an announcement at 2:00 btw.