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TSLA: Someone just sold almost 5000 of the Dec 500 strike.
Not retrace, another black swan to 250, IMO, by December.
As I stated before, I think this decline is a bear trap, but after Labor Day will be the real thing.
Just my opinion, and could be wrong.
~d
Out and long, probably early.~d eom
Short again under 420.~d eom
Out at 427. Edit: The daily is forming a gravestone doji if it settles here at EOD.
~d
TSLA tested it's earlier low today at 438 and change on HIGHER volume.
Down we go. I think this low will be a buy.
I know we all like those cheap options, but there's a big change in trendwn coming in one two three weeks. I would place it for the 18th.
Just my opinion, I know you are a great trader.
Got stopped out a while ago on SPY and went back to shorting TSLA. GLTY too.~d
LOL. Got greedy and didn't close out at 353.50. Will close out if it goes over 355.10
~d
Dark pool selling on SPY right now, per one of my subs. Edit: Not sure how long it will last, so if you use this info to short, be aware of that.
~d
Duplicate post. Moderator, please remove, thanks in advance.~d
Added to SPY puts on retrace.
This is not the big change trend yet, IMO. 'They're' letting us have a happy Memorial Day, at least.
~d
Shorted TSLA at the morning bell, closed at about 456 via puts.~d eom
Shorts, lol.~d eom
3 points from SPY 358/364 projection posted back in June or late May.
YANG just put in a bottom on high volume and is testing it on low volume.
It seems to correlate about a week before the SPX.
~d
Too funny.~d eom
After Labor Day.
~d
What a joke.~d eom
SPY six points away from 358, the low end of the 358-364 Hurst goal projected back in May.
~d
Tbags7, You could be right, not sure. On Friday the ATM and slightly OTM put side for the SPY wasn't so heavy for tomorrow, but there was a slight edge for the bear side going into the end of the week.
However, I think a bigger, long term, pay off comes soon after Labor Day. Im looking for a change in trend down at least until November (which I've stated ad nauseum).
Good Lord, what an optimistic board we are lately.
Time to start a short position.
~d
Quantifiable Edges's stats show that the week before Labor Day after the market has been rallying for a while is usually down. Up for opposite. He has a good track record.
The volume on SPY options expiring next Friday seemed weighted towards the bear side. Not so much for this Monday.
On the other hand, he published his articles on this subject back in 2013 and 2014 when the Fed wasn't in hyper drive.
Whatever you're taking, I want some of it.~d eom
NVDA breaking out.~d eom
May they all get permanent lint in their Armani underwear.:)~d eom
That 'they filled my trade too quickly' thing sometimes is true, sometimes isn't, I have found. I think when it isn't true, it's because there is just a ton of liquidity out there. Like the SPY, for instance, orders flying around all over the place.
However, yesterday 'they' filled my NVDA order to buy way too quickly, as you said. It had never happened before to me, so I got out quickly and went short and it tanked. NVDA is pricey and they usually keep me waiting, so it was a sign to me.
But it doesn't always work that way and I could have been wrong.
I nominate this post for best post of the day. Great post, thank you.
~d
I didn't know that. Why is that(volume picks up...)?
TiA
However, a couple of hundred thousand contracts of volume on yesterday's SPY options expiring today disappeared without showing up as OI.
Insider day trading, I suppose.
Thank you. And how would you read something like that? As negative or as a fade?
As I said last night, I read yesterday's options data as bearish for today.
They will have to tie me down to vaccinate me. There's no vaccine that will work, as you said, and also, those vaccines will have nano-trackers on them.
A doctor told me yesterday that tracking was one of the reasons for social distancing (besides making everyone distrust each other and easier to control). It's harder to track people when they are close to each other.
I tried to borrow a pen from someone in a store the other day and he wouldn't do it. Was terrified he would get CV. And it's only begun.
That explains all those calls on IWM today.~d eom
SVXY looks like s--t.~d eom
After Labor Day.~d eom
Why would you dump shares, then? Wouldn't you buy shares? Confoosed.
What about stagflation? That's actually the worst scdnario, I read. You have prices going up, and no one can afford to buy anything because they're out of jobs.
Max pain is around 348 and 349. But there are those 100K and over contracts in volume today on the 345 put also expiring tomorrow.
Ever since Trump took over, there are these 100K players that show up the day before, and the day of, SPY option expiry and magically seem to guess what the SPY is going to end at.
Morphius, what did you see for today? My options data showed a potential rotation into financials tomorrow, tech not really going up, but not down either, and was bearish on the SPY.
The other two were IWM and QQQ, not individual stocks.
I saw that you have the free version of Ihub. You can see and respond to pm's on Friday.What time would that be? Or can you see them before and just not respond?
TiA