Getting really oversold, took profits at 4420 for a 32 point profit and looking to start a rebuild short a bit higher........
The Grind is on: "Fiscal policy is dangerously "stimulative."..."
#31
Posted 17 August 2021 - 01:01 PM
#32
Posted 17 August 2021 - 01:19 PM
Starting my short build at 4431, go slow here in adding to my short, could be an interesting day. There always is that turnaround Tuesday type trading out there.....
#33
Posted 17 August 2021 - 01:31 PM
OPEX WEEK
Starting my short build at 4431, go slow here in adding to my short, could be an interesting day. There always is that turnaround Tuesday type trading out there.....
#34
Posted 17 August 2021 - 01:32 PM
I think DIP BUYERS will have their heads handed to them this week or the next. Could happen today when they buy the dip as they did yesterday and the attempt to rally fail during last hour
#35
Posted 17 August 2021 - 01:36 PM
Been saying that for few weeks now lol, waiting to see when, gonna be an interesting end to the day maybe.... Gonna head to tennis but will add to my short if we do continue higher!!
#36
Posted 18 August 2021 - 07:25 AM
Not a great NQ daytrade session as on Monday but good profits, and also on PUTs, VXX CALLS
57 SPY PUTS
45 QQQ PUTS
10 VXX CALLS
2 ES HEDGE LONG 4402.75 & 4454.5
1 NQ HEDGE LONG 14964.5
FLAT Crude & NAT GAS
OPEX WEEK may finish in the green unless the BEARS can summon the will to take this below ES 4400
Will add more VXX CALLS, and also NQ PUTS above yesterday's CLOSE
Will add second NQ HEDGE LONG if traded below 14900
opened 2nd ES hedge long 4454.5
Busiest trading day of 2021 on Monday, best NQ daytrading of the year as NQ plunged straight down then V-bottom to finish green!
Many SPY & QQQ PUTS daytrades, took profits in some then added a few PUTS as markets zoomed to new ATHs
56 SPY PUTS
55 QQQ PUTS
2 NQ HEDGE LONG 14964.5 & 16862.25
2 ES HEDGE LONG 4454.5 & 4402.75
10 VXX CALLS
Flat Crude, Nat Gas
Closing 1 ES HEDGE LONG + 74.5 points
Holding 1 ES HEDGE LONG 4402.75
I may reopen later IF new SPX ATHs and I add SPY PUTS
ES BUY LIMIT 4421.5 to open 3rd ES HEDGE LONG -- in case it gets there during next 20 hours.
Most likely, OPEX rally first few days of week and then drops into end of week.
FLAT NAT GAS & CRUDE, will short any NAT GAS rally above 4
20 VXX CALLS
63 SPY PUTS
65 QQQ PUTS
2 NQ HEDGE LONG 14964.5 & 16862.25
2 ES HEDGE LONG 4383.5 & 4402.75
Good first week of AUGUST, great daytrading opportunities in a choppy & skittish market with smaller intraday ATRs.
Added PUTS after taking profits on some, not large profits but managing trades to achieve NET GREEN in PUTS+ HEDGE LONGS.
My biggest PUT positions & profits as well as occasional losses are usually in August & September.
Will add more PUTS & VXX CALLS above current ES & NQ ATH
Will add more NAT GAS SHORTS above 4.18 and take profits below 4.05
58 SPY PUTS
63 QQQ PUTS
2 NQ HEDGE LONG
14964.5 & 14882.25
2 ES HEDGE LONG
4383.5 & & 4402.75
10 VXX CALLS
#37
Posted 18 August 2021 - 07:27 AM
I expect NAT GAS to trade near or below $3 in SEP but just do not have the time to trade it now, maybe next week
Now trading in the 3.8 to 4 range
#38
Posted 18 August 2021 - 07:28 AM
#39
Posted 18 August 2021 - 07:35 AM
7% drop in HOUSING data results in 1 point drop in ES !!
Strong bullish undertone with millions, billions buying every dip
basic analysis suggest further drop to test -200 then ??
https://www.mcoscill...t_breadth_data/
#40
Posted 18 August 2021 - 08:37 AM
Think I'm getting tired of short selling, may need a vacation and just go back to selling my option premium lol! Anyhow, kept adding to my short sell for the rest of the day and night and sitting at 4439. Gonna profit stop it at 4435 now that the cash market is open and sell above it again....