195 replies to this topic

[redfoliage2]

This big up day was set up for those returning from holidays. Believe or not those who just returned from their holidays may not buy into this setup, and they may choose to sell into it instead ..

Edited by redfoliage2, 21 September 2026 - 02:49 PM.

[12SPX]

Here we go into the close, profit stop 7837 sell above

[12SPX]

Boom love it, profit stop 7832

[12SPX]

lets go for an even 7830....

[12SPX]

There we go out for a 12 point profit, total of 20 points which helps with our option loss but our sold 7870 calls are now looking pretty good with their premium already cut in half!! 

[12SPX]

Our 7870 sold calls are looking good this morning but still inflated overall as everyone is hoping for a back to back huge rally today.  Will make for an interesting day but I would love to see some pullback to get to sell some puts also. 

[12SPX]

Actually getting tempting to just start another short build as volatility is likely to return after 4 straight up days....  Maybe we'll see if we can get 7842 once again...

[12SPX]

There it is, starting a short build before the open at 7842....

[12SPX]

There we go, profit stop 7840, sell above if hit

[12SPX]

There we go, out for 2 point profits and filled again short at 7845 as I ifigured we'd spike.  Will keep it very wide as we go here though....