Well, today's rally makes the new Fed look like a "paper tiger"
Edited by redfoliage2, 18 June 2026 - 09:59 AM.
Posted 18 June 2026 - 09:58 AM
Well, today's rally makes the new Fed look like a "paper tiger"
Edited by redfoliage2, 18 June 2026 - 09:59 AM.
Posted 18 June 2026 - 10:47 AM
The most interesting thing is that out of every expiration, July is the only one that hasn't seen a down one since 2010. Will be curious to see if it now breaks since I have made it public lol!!
With the US-Iran peace deal working and the Strait of Hormuz re-opening there should be no exception for the options July cycle this year .........................
Edited by redfoliage2, 18 June 2026 - 10:53 AM.
Posted 18 June 2026 - 11:11 AM
The most interesting thing is that out of every expiration, July is the only one that hasn't seen a down one since 2010. Will be curious to see if it now breaks since I have made it public lol!!
With the US-Iran peace deal working and the Strait of Hormuz re-opening there should be no exception for the options July cycle this year .........................
We should see more new highs in July, and very likely as soon as next week .............................
Posted 18 June 2026 - 03:01 PM
So exciting just sold Monday's daily 7650 calls for $3.10 to start!!
Posted 19 June 2026 - 08:58 AM
Started putting on July 3rd Friday cycle calls yesterday and its great they are already nicely profitable!! Hope everyone enjoys the holiday as futures are open for a little while longer!!
Posted 20 June 2026 - 08:42 AM
VST the market has returned to extremely over-bought conditions, I'd wait for a pullback ........................
Posted 22 June 2026 - 08:29 AM
The market initaily tanked overnight on Iran worries so took profits on my sold 7650 calls for $2.80 profit. This morning going into the cash open I'm selling the daily 7620 calls for $3 as premiums are holding up hugely as everyone remains bulled up here.
Posted 22 June 2026 - 08:33 AM
And just like that averaging $4.50 on the sold 7620 calls...
Posted 22 June 2026 - 08:59 AM
Finished putting on my 3rd Friday, July 17th calls this morning as its going to be interesting considering we haven't seen a down July cycle in 15 years!! I may have jinxed it now but if we do rally enough I'll add to my trades!!
Posted 22 June 2026 - 09:23 AM
Always nice to have your day done in les than an hour of work, taking profits on the sold daily 7620 calls for a $3 profit..