2 replies to this topic

[denleo]

This looks like a Break Out on good volume and great internals. I took profits this morning. But now S&P is 6 points higher and looking better. If we close at all time highs on SPX, I will go long on margin. It will be the biggest position this year. If they sell off the last hour, I will stay flat. Denleo

[Islander]

"Good Volume" for what? Oh yes, it is just the start of something. The volume is all that is missing from a home run, and it is unlikely in the last hour. But it shows, I will buy the hangover. Islander.

[arbman]

I don't think the volume is so great either and then the IVs are not declining anymore, especially on the Qs. They are selling calls and cleaning the short stops, then rinse and repeat...