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yeah $308.
My calls are now up 60% from entry. Next week $208.
Probably not much movement today considering the fed decision is tomorrow.
My calls are up 20% so far. This wave up is just starting. After the fed cuts rates on Wednesday I see $305, then next week I see $308+.
I bought some calls near the close. December $310C. Market is about to breakout higher. Calls will pay nice. Big wave up coming. Sitting tight on my calls and waiting for it to play out.
The market shrugs off another drop near the 200sma. Bull trend intact $305+ coming soon.
Sold the calls I bought at $297.10 at $297.64.
Risky, but I went long here at $297.10. Expecting a close above $298.00.
Sold my puts $1.16 to $1.62.
It's foolish how the market gaps up or down 1% on any tidbit of trade news. Ridiculous.
I went short here at $298.60. Hourly RSI at 73.
Bought some ITM calls expiring friday for a daytrade. Bought them with spy at $290.65
Bulls are in control I predict tomorrow we close above the 50sma which will start an uptrend back to $300. Daily chart shows the long term uptrend is intact. 200sma still rising. Will finish the month above $300.
You're a mod now man, why are you posting this type of stuff on here. You know people don't come here to read that type of stuff. Do you really think people are actually reading your wall of text posts about the fed? give it a rest, bro.
The last day of the month is usually an up day but the chart looks bearish. I bought puts at $296.18.
Break out to new highs coming. $320 by year end.
I made the correct call when many "gurus" here were spouting all this bearish nonsense. Now look where we are.
Exactly. No one knows where this opens on Monday. I'd rather be all cash.
Sold TVIX at $20.92 from $20.04 Made $900.
If we can get all the readers of this board to buy here we can get SPY back to $292 by close.
Long TVIX for a quick scalp.
This might be the straw that broke the camels back. Crash next week?
Why can't it just be dip buyers instead of "Da Crooks"?
This market has been a jagged knife for weeks now, impossible to use TA when this guy is moving the markets so wildly on a day to day basis. I scalped calls and thankfully got out around 10:00am EST. But if I didn't...ouch.
Just got home and read Trumps tweets. Unreal.
What do you mean?
You shorted TVIX with this much volatility. That's about as risky of a trade you can make right now.
I bought puts at the top earlier and was just up 34% on them. Gonna hold into EOD.
For the rest of this week all you can do is hope your position works out. That's where we are at right now. No one knows anything about where SPY will end up.
Both sides are just getting lucky right now, back to back 1% swings all on some flimsy trade news that no one could have forseen. Hazardous price action for technical traders.
Brilliant.
Just a falling knife now. No telling where this drop ends.
I just sold for a loss. Can't stand these moves. So unorderly.
I went long calls here at $289.11. Tight stop. Looking for an EOD move up.
SPY will end up back at $300. Whether it's in September, October or November remains to be seen. Same old story. Will be alot of zig zaging the next few weeks but we know the end result.
I'm not trading tomorrow. IV gonna make options crazy expensive. Lost 5K today. Not gonna repeat my mistake.
It always "could" become a bear market really quick but doesn't. All that same stuff could be said when SPY was trading at $300. Look at the longer term chart. It always ends up higher.
I think LOD is in now and we close above $287. I'm currently down 3K on calls but will keep holding into the close.
Big dumping on all bounce attempts. Very bearish.