Yeah, I see that SPX chart as about to turn also. I am short now 2 ESs with a basis of about 1444. Upside down for now, but not for long.
But again, I don't like picking tops and that's exactly what I've done in this trade. But it's small. Feb is an ugly month for stocks. Let's see if it plays out that way like it should.
Also, just bought 3000 more MRVL yesterday at $17.98 and shorted 30 Feb $17.50 calls against them for .90, leaving me a .40 spread on that covered call. On 30, that's about a $1200 profit if MRVL is over $17.50 on Feb 16th. With earnings the night before, who knows. But I think it's a good trade.
Market Data 
Markets 
AI
