Glad I took a break from SPY lol. But my S .02 $12 March calls now sit with .34 ask lol. #notliquid

Trying again. Feb 17 $20 calls .115 avg

Yeah this is setting up for the real squeeze I think.

It's creating a good pattern to trade from. Upper trend break for entry.

Nice 50ma hold. Long calls and equity

F it. Took S equity 8.86 and a few march 17 th 12 calls .03 lol

Almost took some on SPY lod break but I'll wait to see if VXX makes nice new low to enter. If I miss It oh well.

Getting some VXX calls soon hoping for a nice SPY rip here and smash VXX to new lod for entry

775 mil to buy close

HYG new 52wk high close.

Lol HOD

650 mil to buy market close

Breaking: Executive order signed abolishing the use of the acronym HOD because from this point forward that will always just be assumed.

Sorry I've been buying VXX calls guys. It can only go down until my calls expire.

Added 2/10 VXX 25 calls .15

Added more calls lol. Have some for each of the next 3 weeks.

Lol

Lol hooray! I added more calls today at the close lol.

Can we post about other technical/economical indicators and etfs that have an impact on SPY?

CBOE SKEW Index Tops 140 Two Days in a Row, as Demand for Disaster Protection Increases

http://www.cboeoptionshub.com/2017/01/20/cboe-skew-index-tops-140-two-days-row-demand-disaster-protection-increases/

Total preliminary option volume of 21.2million today is 51% above recent average. Calls led puts 11.05M to 10.13M.
@OptionAlert

Plus a week or so ago I told myself if it gets into the 20s but it. So.....lol

I jumped back in VXX calls because of the nice drop obviously but a rounded bottom followed by a new low has been precursor to move higher many times. Hell, we see it on any chart. Shake and bake. But we'll see.

Lol!

Come on y'all. We're all here to try and make some coin. We hear enough about everyone's political views on every other social media. Lets just try and navigate this market and make some money.

Picked up some VXX 1/27 22 strike calls at .20

"Free world" lol.

Naw just a good reason for volatility.

Volatility activate!

Have we not already rallied? My simple assessment is we pullback regardless.

Added more 1/27 123 strike puts QQQ

"Never before have hedge funds been so bullish on the Russell," Societe Generale said. "This would suggest that hedge funds are fully convinced that Trump's economic policy, centered on protectionism and fiscal stimulus, will work out well for US small-cap companies."
From businessinsider.com

I'm only short for a few more days hope they don't squeeze me lol.

https://www.wallstjesus.com/action-in-review/jan-19th-2017/

Total preliminary option volume of 16.7million today is 19% above recent average. Puts led calls 8.39M to 8.34M.
@OptionAlert

Yeah lol.

Yeah but "everyone" is likely people here right? Market participants are about as optimistic as you can get right now. Hence, euphoria.

IWM needs to bounce from this level or it risks losing this flag to the downside imo.

HYG seems to have lost its uptrend.

Oh yeah? Maybe but likely another day of less than 1% either way. I added 122.50 1/27 QQQ puts at 123.30 ref. To go with my 123 1/27 puts from Friday.

Yeah I agree. No reason for the market to sell off yet. Its just in autopilot for now. Makes sense, since I have 1/27 QQQ puts. Maybe squeeze it into Monday and get people like me out and then It can move lower lol.