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4/9 $280C @ $0.81. This is going back up into the close.
People on here are screaming down with no basis or rationality. We already had "the drop".
Sold calls +73%.
You need to focus on making the right trades and getting better at reading the market. Where did you go short at?
Retarted for just playing the side of the market that will make them money? ok. lol.
Why? If you're on the wrong side just take the loss and move on.
Yeah, I don't know why bears had so much conviction yesterday. This outcome was obvious.
Boom. My calls are up 40% since my purchase.
So who's staying long, who's going short here?
Big rally at the close could see $275 plus. Tomorrow $280+ target.
The jobs report tomorrow will be big, if it's not as bad as the market thinks, big upside IMO.
Bought some April 24th $280C for an overnight hold. I think it gaps up tomorrow and closes around $278. It's a speculative trade.
Today could just be end of quarter manipulation. I'm waiting to see how tomorrow plays out before my next move.
I have a private server, just so everyone knows I'm willing to host pictures if people want to post a chart. Guess you could just use one of the free services out there.
So what's your upside price target for this week?
Sold puts for a 10% profit.
You could get October16 200P.
I have 4/9 $260P going into tomorrow. I have an exit strategy if SPY moves against me.
Went short here, taking puts overnight.
What trades did you make today how about that?
I've learned that wishing people would stay on topic is like wishing for a magic pony.
Follow me for more SPY trades. Real trades, real results.
Where did those numbers come from? you've never explained anything. People on here are getting too much credibility for no reason.
Load up on calls guys, it's going up.
Picked up $235 3/27 calls at 5.79 (10 contracts)!
Even with this economic turmoil, sub $200 would be shocking to me. There will be a bottom.
If there's 330 million people that live in the US and the virus has a 1.5% fatality rate then how is everything going to be wiped out? The media and mass hysteria are causing undue harm to the economy. Open everything back up and continue life.
We're trading near $100 bucks down from highs in less than a month. How low is this supposed to go before it's trading at a fair price given the circumstances.
This is my alternative interpretation of the hourly chart, tell me what you think.
SPY Hourly Chart
What are you seeing?
Expecting a Friday close above $260.
Bought March 27th $270C here at $250, expecting SPY to head higher into end of week.
I see more up tomorrow, dropped too far too fast. 10% gap down got bought quick. The virus is being overblown and over dramatized. Plus the rate cut and fed stimulus. I'm a bull right now.
let's not use the board to attack politicians.
Left 6K on the table. Friday left 8K on the table. Up $1,200 for Friday and Today, could have been $13,000. All good though. Profit is profit.