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I hope so LMS youbcalled it perfectly last Friday. Still holding my shares.
I thank it's possible we may not see upside until Monday. But will be watching.
He has a time machine....
Good luck all. Will be watching here closely today.
Yes I agree with that line of thinking. I'm still holding. Just not confidant enough to play it big.
Nice Trade LMS I'm holding my position but may get out in pre. Still small position here.
Nice work Kam.
Thank you BOS just watching mostly for past 2 weeks. Thinking of swinging some U from here. Will prob be better to wait until after hours.
Out on that spike. Waiting here. May start adding D products.
Watching it closely here, just small position so far. All markets seems very strange to me past few weeks.
I'm thinking spike before report then big drop. Not confidant enough to play it that way. But that's what I'm seeing. Good luck today small long position here for report spike.
Still sitting out. Nice work Kam. And BOS don't beat yoursel up too badly for selling too soon my friend. I do it often, and am hoping to keep doing that more than selling too late. Have a great day all.
Good morning all. Looks like oil bouncing around here again. Trade well and good luck all.
Holy crow. Huge reversal today in oil. Very strange these past few weeks. Will be watching this closely next week. In cash still. Nice play LMS. Have a great weekend all.
I think you should be ok seems like pre market often offer the best opportunities to take profits. Good luck with your trade.
I had a feeling that may have been from the 2 moves from D $25-27+ overnight. The large draws made me cautious though. But today seems like confirmation.
Agreed more down side coming in. Below recent support here.
I think once it settles here it'll squeeze up today.
And here we go..
I'm sure it'll prob be more like -5 mm I'll be watching for pre report move. I'm thinking big dip and I'll be set to go in for another swing. Trade well Kam.
I'm surprised not to see larger moves on those numbers. Let's see what 6:00 pm est brings.
I agree nice trade on D side.
I'm thinking shorts will be coming in big this week. Let's see what it does around report.
GOod morning all. Hope everyone had a great weekend. More moves by oil this week, let's see how it plays. Trade well my friends.
I hope everyone have a great weekend. Oil is just being all over the place here. One long play for me His week. Still standing by waiting for direction.
Yes I think we see the downside coming in soon Kam, strange with draw and market situation that we don't see oil moving higher. Should have followed my gut into yesterday's short.
Hahaha I knew it!!!
HE IS big money BOS. He's just kind enough to clue us in. Time machines aren cheap you know. Lol
Yes looking like time to start thinking short here. Gonna watch today. No position yet.
It sure was, I sold my U product a bit early but still smiling. May renter at my original buy today for another swing.
Yes, I've been reading lots about the Greeks and how they are applied. I'm not anywhere near where I should be yet but it's starting to come into view. Thanks again Kam.
So that was my mistake I choosing which option to play. I'd pick way OTM strikes and not consider what WTI had to move to put those ITM. Made a huge difference in my win/loss ratio.
No to selling just straight trading them. I've had some really good luck with those recently. Glad I have a few more tools in my arsenal from your posting. I hear ya on the mentoring part. It's never easy or sometimes even worthwhile to try to teach someone something new especially when your knowledge is advanced. Anyway I appreciate your posts and I take what I can from them. In fact I try to do that with all of the info given here.
Wish you could teach me how to do that Kam. I'm sure in time I'll learn but helps to have a mentor. I've been doing ok on naked call/puts but got a lot to learn.
Hahah my fault. QUE the DUMP!!
I'm expecting break under $49 here
There are your moves Kam.
Looks like a nice draw in crude.!
Good morning Kam, yes looks like it worked out well for the swing. Let's see how I goes will probably take my profits into spike soon then watch.
Grabbed some shares of U product $15.20 after report. I didn't think I'd get it when I say that spike into $15.70's I was pretty sure that $15's weren't going print though. I'm planning to play into pre report spike then reassess. Should be a nice swing opportunity. Good luck tomorrow. I'm sure you'll trade it well. Let's see how it plays tomorrow.