Futures are all green. They will take it down once a week to reload but it will continue up at least until elections in couple months cause they have to give all help possible to this retarded russian elected thieving pos. No one in history ever cut every reg. against 1 % and intentionally allowed them to totally rape and rob retail at will.
The news I am posting is only after thought, it doesn't affect mkt. DMMs know now where their stock will close tomorrow w/o huge new news or their bosses decide to load a few million shares in a put heavy one will add 8 or 10% to its gains. That’s how options mkt takes 1/2 billion $s a day in profits and loaders take another bonus.
For example yesterday:
JBHT J.B. Hunt reports Q2 EPS $1.37, consensus $1.28
Reports Q2 revenue $2.14B, consensus $2.06B.
Technical Take: J.B. Hunt moves near life high after earnings beat
In pre-market trading the stock was last up over 5.8% to $129, following on a stronger-than-expected earnings report. At that price the only established resistance is at the life high of $131.74. Support is at $128.10.
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JBHT dropped to about 117.?? because options had:
120.0 Call 2.15 2.20 2.20 -0.03 498 853
125.0 Call 0.30 0.35 0.35 -0.20 234 3,224
130.0 Call 0.05 0.10 0.07 -0.08 55 3,367
135.0 Call 0.00 0.15 0.05 0.00 11 3,690
120.0 Put 0.60 0.75 0.60 -0.50 137 711
125.0 Put 3.60 3.90 3.45 -0.42 22 324
130.0 Put 8.30 8.70 9.87 -2.53 0 183
135.0 Put 13.10 13.80 11.80 -2.07 0 30
That is a million more shares options has to pay if goes up and you will see this in every stock reaching this imbalance.
Show me a chart showing this but they don’t exist. You can get put/call ratio but not accurate cause don’t show location. You have to see setup. I suppose charts work a little cause you do allright but in my opinion they are for tourist.
The worlds best poker player can not beat a thief and neither can the worlds best stock picker or chart reader. It is common sense. imo
AI
