Ad astra per aspera...
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SPY: The close doesn't bode well for tomorrow necessarily but in these schizophrenic markets who knows what will happen tomorrow.
Just going by the chart T/A there's a black candle and what seems a little top there.
There are also quite a few gaps but my target is the first one in 122-121's and maybe we'll see a little correction first before a possible "Santa-Rally" this month.
SPY almost back where it started, what a BS spike earlier
Like you said Mikey, everybody can be right for 30 minutes in these schizophrenic markets :) At the end of the day it's about where you get in & out and especially in Weeklies there are still few days left and every day it's a new situation.
After the last week's pump i was aiming for a little dip this week despite a possible Santa-rally which I doubt will just be without any corrections first after these couple of gaps.
In Options there are 1000% possibilities for everybody and everybody can do as they please even if some like me like holding overnight sometimes since i made a few 500-1000% like that. No need for others' "I tells ya!!!! Do what I say!!!" posts
lol, it's easy to be right on the height of day or on the low of day. Where have you been on the lows today? :)
GOOG is spiking because of the SPY pump
Oh and GOOG did not gap up to 630 and there's no guarantee it'll go 650 this week as you said.
So while i might not have done my best trade with this and i already said that i'm prepared to take a loss, i also did not ask for your annoying "i tells ya!!!"-posts.
Options aren't OTC and the markets are very unpredictable/ schizophrenic.
Thanks for nothing Merkel. Stupid SPY pumper
Still holding half of my GOOG Puts. Sold the half for .05 loss on the lows today, had a bad entry yesterday as the premiums got a little killed while GOOG held up this morning. Was expecting a faster retrace.
The BS spike right now along the SPY is eroding a nice chunk of my profits from last week but that's life :)
The Options gods giveth and the Options gods taketh
SPY pis.ing off both, Calls & Puts Option traders today.
Feels like they're still kicking the can down the road for a few weeks and then BOOM! Rug-Pull.
Nevermind. Back to the BS spikes
SPY: Finally a little break down! MORE PLEASE!
DNDN: What's up with the spike and drop?
Only if you're on the pump side :) hehehehehehe
SPY annoying. Wanna see a dumpathon!
lmao
Sour AAPL performance today.
AMR .77 UP 82% SIIIIIICK!!!!!!!! AND JUST HALTED
AMR .71 up 69% unreal!!!!!!!!!!
SPY ooopsies
AMR: lol, if they didn't cover at .20's lows then nobody can help them :) And by the way, the .50 Dec Calls are now like a 15 bagger! When it was in the low .20's the .50 Calls were like .01-.02 I believe and now .17!!!
Wow
AMR unreal today, what gives?
Agree. GOOG probably lower tomorrow too
AMR .61 up 45% unreal today!
GOOG down down! Weeeeeeeee
GOOG breaking down
damn you SPY :)
lol i got 4 bucks in AMR Calls @ .01 as souvenir! - Why is it squeezing?
SPY #FLUSHTHATTURD
SPY ooopsies :) 125's
SPY red
Agree but i'm looking for a short-term dip. After last week's pump, we could see a day or two red with this S&P EU doom
Got a few SPY W 122 Puts @ .33 + .30
GOOG gapping down 622's
Not thinking so far ahead. Short term dips & rips until then :) But yes we might see SPY above 130's at end of this month just for a stupid "Santa rally"-pump :) Then a possible big retrace or even crash depending what other doom is ahead in 2012.
I might get some SPY 122 Puts later
GM All! SPY gapping down. Anyone think we can see a 122-121's gap close this week on this S&P EU doom and possible pullback? There's more gap below 120 but wondering if the first one could be achieved this week.
Mini-S&P/ ES_F dipping into 1240's, while Dow Futures are down -35 points.
I think we see 124's in SPY tomorrow
Holding Options overnight sure is risky and I wouldn't recommend doing every day. But from time to time it's OK. Especially when it's a Monday and there are many more days left in the week during Weeklies. I made some of my biggest gains (500-1000%) in holding overnight. But a few times I also had to get out with some losses. It's just normal.
Some of the most massive gains recently i've seen in GOOG Calls, 12,000%+. It was only possible by holding 2-3 days as those 610 W Calls went from .10 to 12.00's
Options trading is risky but we know that.
I just can't stand when a certain individual is trying to bash your position as if it's some sort of penny stock. They can disagree politely but trying to influence somebody's position is just annoying and we don't need those OTC-style annoyances here. If they wanna prove a point, put the $ where the mouth is and do a opposite trade (Buy Calls vs Puts and vice versa).