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.
Do we see a Gap-fill at 258.20, and then a drop again...?
Wow, didn't expect that second selling wave - sold puts too soon, and bought calls too soon...ughhhh!
Good to have the TL back, NY - I just sold calls around 3:15pm, and bought puts EOD for "red" Tuesday. I cannot believe the SPY and QQQ comeback today, but as we've seen almost ALL year...green Monday...that Gap-down just didn't make sense!
I went in a bit HEAVY on the puts for Tuesday (11/17 SPY 247 and QQQ 143), so I'm hoping for some deep-RED!
Ugh...here we go, low volume lunch creep-UP!
Nice Ang, looks like the right call! Now, can we see lower lows and no BTFD action...
Would love to see SPY 256 break today...
Good to have you back, NY - how's that TL looking today...I see down down down, and a rare red Friday, but it NEVER seems to happen?!
Damn Ang, that's a heartbreaker! I truly feel for you on that one...ughhh, and it's the constant SPY BTFD and gap-Ups that make us so skiddish.
Thanks Ang, I knew that I had to lock-in the gains because BTFD would kick-in, as usual! I was heavily in the red on those puts yesterday and ended with small gain - I'll take it!
SPY probably at fresh highs tomorrow...green Friday! Where's NYC? This week has been exactly according to his green Monday + Wed, and red Tues + Thurs timelines!
Come on SPY, it's time to test 250, or at least 253 FCOL!
Yeesh, unreal SPY comeback! I'm so relieved that I sold my 258 and 257 puts before lunch hour...whew!
I did nibble on 257 and 256 puts for 11/17 but I'm not feeling too confident after that comeback today.
No BID by December!
Lol, FATONIO diluting hundreds of millions, killing any interest...what a douche!
Unreal, and on low volume, AS USUAL - larger volume takes it down, minuscule volume shoots it back up. I held my puts since I was sure a second STRONGER wave was coming, but already regretting it!
Do we finally get a strong RED move tomorrow; would love to see SPY and QQQ's test SMA20's by 11/03?
I expect a Gap-down tomorrow and then strong buying into APPL's earnings, however, any disappointment from AAPL's earnings, and we could see a deep RED Friday.
GLTA
Priceless...SPY just loves to Gap-Up to defeat any weakness...SMFH!
It's almost as if it only irritates the market and gives it fuel to push it higher as we've seen time-and-time before....SMFH!
Smart move, Ang - I'm still holding (257 and 256 11/03), but probably should have taken the quick gains at the dump...ughhhh, SPY looking firmer today.
Not what I expected AT ALL!
Agree, Watcher, I'm sitting tight with my 11/03 257 and 256 puts...
GLTA!
SPY was looking very weak yesterday (other than AAPL's impact), so I'm thinking gap, bull-trap, then DROP!
JMHO
Unreal Ang, but I suspect some heavy dumping around 9:45 to 10:15am, and then after 10:30am, might be a short-term bull trap.
I'm almost inclined to be shopping AAPL and NFLX puts too...
I was thinking the same thing; deep red Tuesday, but spring-back Wednesday, and possibly Thursday and Friday depending on AAPL and FB's earnings...
JMHO
Agree, Ang, I think we could see deep red tomorrow - loaded 257 and 256 puts EOD (a bit late, but not big positions)...not messing with QQQ puts this week...
Good luck to us!
Eggselent Ang - I sold half of my puts at the close, and now holding 10/27 QQQ 148P and SPY 256P...might be a bloody Tuesday IMO!
Sold puts for a great profit, and now BTD through 1pm...
Hmmm, QQQ did we witness a small crack today and a VERY RED Thursday on tap...will SPY follow...?
I must be losing my mind, SPY and QQQ don't pullback, only GAP and RUN, RUN RUN!!
Holding some hefty PUTS overnight...
And they keep "sneaking" it higher SMFH! It's completely unreal and "fake" IMO, and talk about a major "red flag" with this president that keeps gloating about the stock market highs despite saying the market was a "major bubble" right before being elected, and that was over 30% ago...SMH!!
However, kudos to SMART money just hitching a ride and milking it despite the insanity...
JMHO
I just bought 10/20 QQQ 149P and 10/20 SPY 255P, let's see if we get that MUCH NEEDED pullback, jeez, there hasn't been a 1% drop since August...
Exactly...
Truly unreal, Ang - it's clear that the entire market is overbought and a pullback is required, and healthy, but "they" will not let this drop even 1-2%...I have NEVER seen anything like this in my 10+ years of trading! I'm just watching in awe on the sidelines for now...
Yes, earnings have been good so far but it's all baked-in given how HIGH the market is. Hmmm, I might just add some 10/27 QQQ and SPY puts EOD...
JMHO
Slowly but SURELY the flippers are being EXTRACTED here; PJET going much higher...JMHO!
The usual flippers of SDVI are losing control here and a NEW & STRONG group of HOLDERS is developing, .0020+++ coming!
JMHO
PJET - looking like the RIGHT hands are grabbing and HOLDING shares here...0020's +++ easy!
JMHO
SDVI, slowly but SURELY "good hands" are buying and HOLDING SDVI, .0020's+++ are coming IMO.
Bye-bye .02's, .03's coming soon IMO
SFOR not going to look back here; soon to blow through .02+
JMHO
Would be cool to see a WHALE slap, and see NITE lose those shares while trying to manipulate...
Lol NITE...SMFH!
SPY up nearly 2% the last 5 trading days with no pullback, consolidation and RSI of nearly 80. Might be the perfect opportunity to open a Mega-short position for next week...
JMHO
Wow, I blinked, and I missed that dip of .14!! LMFAO!
Puts are like throwing money away right now; overbought all over the place, zero volatility, and zero gravity...