Replies to post #143605 on SPDR S&P 500 (SPY)

[imiloa]

was distracted from the markets by social indulgence yesterday.
looks like i missed an epic trading opportunity.

for both of the plunges ADX & Awe flagged them at the outset
and ADX stayed clearly bearish until the ending rally bumps,
flagging those as well.

i'm guessing i would have traded the first dip,
but not trusted the second due to concern of rapid premium evaporation on the jul24
and lack of confidence it wouldn't bounce monday, because, bots.

but that first dip looks like it would have been an easy double
on jul24 210 puts from ~0.3x, when ADX & Awe both shifted rapidly bearish in sync,
to 0.7x, after the 0.9x peak, when ADX & Awe both shifted bullish on the bump.

skimming thru the msgs now.
hope everyone had a profitable day!

AnG, re: your calls, we can't win 'em all.
but sounds like you had some other strong wins last week.