Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Probably, since sellers keep bid-whacking, no need to hit the ask, so just bid-sit and collect shares at a discount...
Geeze Ang, if it goes there or below, I might make 6-figures tomorrow!
Here's pulling for us!!
Yep - looks like someone got impatient and just sold at a HUGE discount...good riddance!
Yummy, someone just gave me a BOATLOAD of cheapies...
Yep, that's what I see...someone's ACCUMULATING
SFOR: picture perfect EXTRACTION here; buyers pulling-out any whackers and stackers for lower prices to clear the ceiling...
Look at them using AAPL and AMZN to push UP when almost everything was looking weak...
I noticed that...one would think that a Gap-close would be mandatory, but they'll try and hold it off as long as they can IMO...
Nothing is certain in this game, now...we just do the best we can with the tools we have...appreciate the response and alternative thinking!
Not today, but very likely .02+ middle of next week IMO...
Slowly slowly, ask-stackers and whackers are being EXTRACTED and losing their shares, very clinical approach being adopted right now
True, re: 9EMA...I need to pay closer attention to it..DOW struggling to breach 9EMA. It does seem like "they" want to clear the SPY SMA50 and get some blue-ish sky to SPY280 and are using the Nasdaq to do it, however, the DOW almost always reigns supreme, and it's not buying any kind of rally right now.
However, having learnt some hard lessons with SPY's gap-UPs and runs, I'll be armed with some hedge calls, just in case, since AGILITY in the option game is clearly a MUST, especially when playing with the BEAST!
Today and tomorrow are definitely going to be interesting...
Lol...I'm increasing my 3/16 puts on this gap-UP today and bond slowly yields rising, plus if the payroll number tomorrow shows any kind of inflationary pressure (as it did last month), bond yields could rise dramatically and we could test the February lows.
However, it's clear that the Nasdaq wants to rally to new highs...SMH!
As we saw all of last year...same chit, different year. However, with the volatility this year, it might be a good put buying opportunity...still too much uncertainty in the air IMO.
Yes sir, ALWAYS good for s/h’s when technicals and fundamentals meet
True, on a one-day basis one would have to give the upper hand to the bulls on the comeback today, however, SPY still closed below 50SMA and H&S appears to be forming. I still want to see a break and close above 273.50 before I turn bullish...short-term, that is.
I bought puts at the close but I'm not feeling confident for tomorrow...
That's often the best and STRONGEST move since it indicates INVESTMENT!
Seriously cannot tell whether they're trying to sucker the BTFD'ers or create a bear trap, however, I'm going to sit tight with my puts...no risk, no reward!
Wow, Cohn resigning...watch-out below IMO!
BREAKOUT already started from .0050-.0060 per my 2/15/18 technical alert...WAVE 1! Possible CONTINUATION and much higher WAVE 2 to .02+
Very interesting crossroads/turning point for the market and SPY right now; lots of jittery/negative sentiment but the market is failing to rollover.
Resistance at 273 is proving VERY STRONG and SPY is still below the SMA50 - Anybody else seeing that possible H&S development on the daily?
Looking forward to see how this plays out the next couple of weeks...
Agree; I was tempted to start a position today but geez premiums are high and I'm hoping for RSI 90
Lol, sometimes that's a sign and a good thing...to just step-away after a good purchase and check-in 2-3hrs later - that's often helped me realize bigger gains.
Green is green, Ang
I sold all of mine at 268, and kicking myself.
There's either going to be a "rapid recoil" around 3PM, or SPY is just going lie down to 265/264...
Me too, Ang, I thought the last down was it before a monster BOUNCE, and actually bought calls SMFH!
Appreciate the sharing and insight NN!
Couldn't agree more; Net's insight, no matter how many posts, is always welcome and very often, HUGELY helpful!!
Yep, me too could have had another 50%+
Nicely done, Ang!
Geez, that was unexpected and fast! Looked like 276+ and I was debating whether to dump my puts for a loss...whew, held on!
LDSR...unbelievable...congrats to all that have been here and patiently waded through the monkeys that stacked and bidwhacked in the trips and teens! #lifechanger
Personally, I have been ringing the register and only have 500k shares left, but it's been an amazing ride.
Not quite a lotto, but sold the 275C's for .10 from .02, I'll take it...thanks boys!
I got filled on that last dip, oh well, only a small $300 lotto, but I see what you're saying technically, and resistance around 273 held strong...
I did add some small puts to hedge...
Anyone eyeing SPY 2/23 275C's as a potential lotto...possible .02 to.....?
LDSR's BEAST MODE continues...for those patient and dedicated this is turning into a LIFE-CHANGER!
Congrats LDSR brothers and sisters!!
Nicely done, risk - I did the same but kept a few just in case we gapped-down strongly.
I’m pretty excited to possibly buy back 268, 265 and 260P’s cheaper with this little manufactured gap-up this morning, but will add conservatively.
Unreal, and I was questioning myself by adding a few .0077's
I held tight and even added on the spike because it seemed illogical...so glad I did!
Hope you did well, risk, we got what we wanted, and most likely more tomorrow!
That was the lotto...unreal! I was just trying to grab as many 2/28 268P
s and 265's that I could, and forgot about the lotto.
Can't complain...NOW...but was a little tense after that spike...whew!