Replies to post #378093 on SPDR S&P 500 (SPY)

[masterofdisaster]

Couple dollars

[Agoura Guy]

73% GAIN ON MY EARLY MORNING $452 PUTS TRADE (IN @$0.50, OUT @$0.87), THEN FLATTENED MY SECOND TRADE, THAT WAS IT FOR TODAY, LOW VOLUME AND VOLATILITY.

POST HOLIDAY TRADING SHOULD BE MORE INTERESTING.

NVIDIA PUMP IS OUT OF GAS!!!!!!!!!

[imiloa]

doubledown, midday SPY calls yesterday were profitable,
despite the fomc pissing on the market at 13:00 ET.
ZM calls from gap down were a better payoff.

today could be chaotic.
we still have some headroom
below the jul24 high of 457.82
(possible double top R)

but fomc rate hike warning
seemed to induce profit-taking yesterday afternoon.
so the key seems whether NVDA/etc optimism induces euphoric amnesia
or equity holders struggled to sleep comfortably last night
and decide to flee equity to bonds/etc today
before the long holiday weekend...