Replies to post #65045 on Options Wonderland

[langlui]

Strangled PLX $12.5 call & $7.5 put.. wish me luck lol

[3xBuBu]

VXX moving up strong,
over 50dma now,
could be a real bear this time!

[Fox13]

Yesterday: “THEY might try to use a bunch of "TA signals" around 1300 to engineer a bear trap“.
And…THEY did. But worse: after the reversal, they did not go too high right away. Thus the short positions acquired inside this trap, around 1297, were not stopped out yet. We shall see what they do this morning.