InvestorsHub Logo
Followers 23
Posts 2848
Boards Moderated 0
Alias Born 12/23/2015

Re: jxyzobrien post# 12274

Friday, 04/24/2020 3:57:00 PM

Friday, April 24, 2020 3:57:00 PM

Post# of 35072
Can't convey with appropriate words to the board how good your call (below) was before trading today.

SPY 280 same day calls had range .58 to 3.68. Ping ponging in wedge first half of day. The low bounced off bottom of wedge at 11 am ish and went to top of wedge at noon, primed for lunch traders to take it. Premiums were decimated by the tight range and lack of volume. When it was hanging at wedge top for several mins I even posted bulls had advantage. As soon as the wedge issue was solved it took off one time framing. Calls were .85 when I posted that. Did I buy? No. Damn, wasted chance.


So we may well get some very weak breadth and short moves.
then EOD move to run up puts or calls.



Join the InvestorsHub Community

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.