watch that YUAN fix on Sunday 9:30pm
‘bump in the road on the way down to Lehman-like drop'
Started by
dTraderB
, Aug 08 2019 04:17 PM
34 replies to this topic
#32
redfoliage2
-
- Traders-Talk User
- 18,032 posts
Member
Posted 09 August 2019 - 02:10 PM
Next week most of put holders will be annihilated in the first three days. Today is a good chance to take the profit. Believe or not..................
I think the PUT holders were annihilated in the rally this week so next week's OPEX will be one of the rare exceptions where the market goes down.
I don't think so. Just look at the put/call ratio $CPCE it's still near multi-month high even with the big rise in stock indices from yesterday. So, I believe MMs will have those put holders taken care of next week for OpEx.
Edited by redfoliage2, 09 August 2019 - 02:13 PM.
#33
opinionated
-
- Traders-Talk User
- 4,937 posts
Member
Posted 09 August 2019 - 07:23 PM
Next week most of put holders will be annihilated in the first three days. Today is a good chance to take the profit. Believe or not..................
I think the PUT holders were annihilated in the rally this week so next week's OPEX will be one of the rare exceptions where the market goes down.
I don't think so. Just look at the put/call ratio $CPCE it's still near multi-month high even with the big rise in stock indices from yesterday. So, I believe MMs will have those put holders taken care of next week for OpEx.
Agree 100% Red,
Next week they will throw everything the have at it to avoid the inevitable... I think st longs will pay off. BUT one best be looking south the following week. I do not believe in Fractals BUT I think we are seeing a carbon copy of Oct through Dec right now. Waterfall coming after the 16th
#34
da_cheif
-
- Traders-Talk User
- 10,962 posts
Member
Posted 09 August 2019 - 08:01 PM
Next week most of put holders will be annihilated in the first three days. Today is a good chance to take the profit. Believe or not..................
I think the PUT holders were annihilated in the rally this week so next week's OPEX will be one of the rare exceptions where the market goes down.
wrong
#35
opinionated
-
- Traders-Talk User
- 4,937 posts
Member
Posted 09 August 2019 - 09:18 PM
Next week most of put holders will be annihilated in the first three days. Today is a good chance to take the profit. Believe or not..................
I think the PUT holders were annihilated in the rally this week so next week's OPEX will be one of the rare exceptions where the market goes down.
I don't think so. Just look at the put/call ratio $CPCE it's still near multi-month high even with the big rise in stock indices from yesterday. So, I believe MMs will have those put holders taken care of next week for OpEx.
Agree 100% Red,
Next week they will throw everything the have at it to avoid the inevitable... I think st longs will pay off. BUT one best be looking south the following week. I do not believe in Fractals BUT I think we are seeing a carbon copy of Oct through Dec right now. Waterfall coming after the 16th
Actually I'm not to sure they can hold it that long, IF they can I think Wends. would be the sweet spot. First target would be the ON low on ES @ 2790
