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Next SPRT? Thinking so
Agree. I’m looking to add more end of day and Monday. $23 C for 9/17 great deal as well
Great average.
Pain soon. I’ve said my peace, now I’ll wait. Added $23 C for 9/17 yesterday. September will be fun. Good luck all.
$UVXY
Yeah, I’m still playing individual names as well, just saying a volatility washout always creates a lot of action. Look at some of these short/long bounces on China names sheww, would love to
Get some of that on US names as well.
Problem is they’ve propped this market up for too long. A healthy washout like we got in February and March brings a new round of party. This slow trickle to ATH after ATH in indices while single names get decimated is a tough environment short or long. If we could get a nice 10% drop in September it would be a super lively Q4 especially in OTC. IMO of course
That’s right, and just when you think they’ll at least give the 401kers a few bread crumbs, they’ll tank the market 50% again
True we should refer to it as the “wealth transfer machine”
So far 1100 shares and a bunch of $23 C for 9/17. Hoping to add another 400-500 shares, we shall see. This is going to be epic. Good luck all and God bless
$UVXY
Ugh I feel that. They call it widow maker for a reason lol
Lol only thing more painful than volatility trade is natural gas. Thank God they got rid of UGAZ/DGAZ before i gave away anymore money lol
$UVXY
$NYSI negative with $SPX at new ATH. Map
It out guys, you won’t find another time like this. The internals are shakier than a treehouse on the coast
Well said Citrati. I don’t think we get another March 2020 nor do I think I have any chance of catching the full move, just thinking we may finally get a real drop
Let’s call it revelation. Of course all in my humble opinion.
A majority of indicators I follow including Fib extension, market internals, breadth indicators including Hindenburg and other macro indicators I follow all lining up for the first time since late August 2020. A similar setup occurred mid-July but was negated and I had to scratch everything. What I’m seeing could be closer to Q4 2018. It’s severe.
These dinky red days that we’ve gotten during opex weeks for 3 straight months are not even considered corrections. This has been a bulls market no doubt, and I am wrong plenty like any human, no pride here, I just really believe this is the best shot for uvxy 100%+ move we’ve had since August 2020. Again all jmo. Remember one of only a handful of times in market history that we are now over 200 days without a 5% correction
Loading here all week. Large correction coming. None of this little 2% MA20 bounce grab. We are talking something meaty
Buckle up guys. I think we have a correction coming unlike anything this year. Thinking more along the lines of September 2020
Everyone look at NURO on its run. Same pattern. Exploded to $40 they faded it all the way back to $21 then it gapped to
$40 next morning. I don’t think shorts are off the hook here yet. Just my .02
Yep classic pattern. They did just enough to let shorts get comfortable including that down halt midday. But you can see most of
The volume exchange was $8-11, shorts
Never got out
There it is $18, nice vision here
Yup, you’d think they would learn Alf, nuro, Mrin. It’s the same algo over and over lol. Shorting a 4 M float smh. Maybe $20 tonight
Margin call Wednesday?
Shorts very stuck here. Maybe $18+ after hours or tomorrow ?
My original target before the $497 blowout was $280-290, now I'm looking for $330 and then if that is heavy, do think sub-$300 is more likely than people are willing to believe. Lot of bagholders made today
Terrible perma long, great trader. We may not get the 14x move from March 2020, but I wouldn’t be shocked to see 100-300% move one of these weeks. Maybe September
Correct, it’s a short 90% of the time, I don’t touch 5% of the time, and a long 5% of the time. Today is the 5% of the time for long. Could easily see a double here. SPX looks roasted
Absolutely filth levels of manipulation
Correct. Short into earnings, will add more on any gap up
Yeah this additional $60 B in market cap in 7 days makes no real sense. I’m short here
How in the world is this company still over $1B market cap lol
I have as low as $280 as a target. $260 at that point wouldn’t be out of question
Beautiful short up here. Maybe $410 first
Time for a pullback to $300?
Massive offering. Have to love this scam
Looks like a big pump to sell more before probably atrocious earnings hit after hours
Well this weekly layout going according to plan so far. I have reloaded and will be adding tomorrow for fireworks to begin soon
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Yes but they’ll never let “it” happen on FED day. Tomorrow or Friday gets wild IMO
Rough plan for this week - thinking some fear tomorrow so small vol spike followed by vol crushed Wednesday post-Fed to clear out the over hedged. Then I think we see the really big market down move begin Thursday or Friday. Glta
$UVXY
I’m back to load mode after unloading everything Monday. We haven’t seen the real correction yet. Could be as early as Friday. As late as next Friday IMO
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Prob trying to get this ATM closed before earnings where people realize this stock is worth $1.20