No clue what tomorrow will bring. I'm just hoping we break above or below yesterday's range. Today was mind-numbing.
Really hope there isn't a single person on this board that held thinking more to go.Ag CPA said:
This BBBY action is incredible.
FJ43 said:Really hope there isn't a single person on this board that held thinking more to go.Ag CPA said:
This BBBY action is incredible.
59 South said:
I am inclined to agree. A test of the rising 50 day in the 4100s would make some sense. Would also set up an inverse H&S. Who knows, I'm just bantering although I do think 4600 is more likely before 4000.
FJ43 said:
He would y'all play this chart?
Notice that's a weekly chart vs daily. Into downtrend line rejection. This weeks candle. Volume profile.krosch11 said:FJ43 said:
He would y'all play this chart?
I'll play to get your take . 425 puts with close stops .
FJ43 said:Notice that's a weekly chart vs daily. Into downtrend line rejection. This weeks candle. Volume profile.krosch11 said:FJ43 said:
He would y'all play this chart?
I'll play to get your take . 425 puts with close stops .
I'll be looking to add puts out a ways. Decent volume on the Oct 375s the day. I'll go closer to 400 though.
oldarmy1 said:59 South said:
I am inclined to agree. A test of the rising 50 day in the 4100s would make some sense. Would also set up an inverse H&S. Who knows, I'm just bantering although I do think 4600 is more likely before 4000.
4100's as in to fill the gap. Would be painful to be right on the direction but ultimately lose the bet by 100 points if markets then rallied to 4600.
Remember seasonality gents. Mid September is quite often a top (and one of the most pronounced of the year, see below)irish pete ag06 said:
400P with lots of time, at least October, potentially Nov.
That's model T'ish on this recent uptrend, would look to go net free and wait to if we can make a lower low.
Edit to say, current model T for this upward movement is $396.96
Charismatic Megafauna said:
Super boring inside day today, face rip tomorrow
59 South said:
Can't wait for the outrage from you chaps whilst this baby melts up to 4600 over the next few weeks.
Not really. What did you think would happen?Ag CPA said:
This BBBY action is incredible.
$30,000 Millionaire said:
It will be back to $5 shortly.
I was focused on XOM Leaps for a long time. The Leaps have fallen out of favor for me as I have not seen them rebound to a point where I'd consider them again,....yet. I shifted to $105 October 21st Calls because -AW 1880 said:
Any thoughts on LEAPs on CVX or XOM?
When I win, whoever has that venmo handle deserves the $100irish pete ag06 said:
Please tell me your venmo is really that.
I wouldn't have made the bet if it were 4100 instead of 4000oldarmy1 said:59 South said:
I am inclined to agree. A test of the rising 50 day in the 4100s would make some sense. Would also set up an inverse H&S. Who knows, I'm just bantering although I do think 4600 is more likely before 4000.
4100's as in to fill the gap. Would be painful to be right on the direction but ultimately lose the bet by 100 points if markets then rallied to 4600.
Net short positions against the S&P 500 futures by hedge funds have reached a record $107 billion this week, according to calculations by Greg Boutle, head of U.S. equity and derivatives strategy at BNP Paribas - CNBC
— Cheddar Flow (@CheddarFlow) August 18, 2022
59 South said:Net short positions against the S&P 500 futures by hedge funds have reached a record $107 billion this week, according to calculations by Greg Boutle, head of U.S. equity and derivatives strategy at BNP Paribas - CNBC
— Cheddar Flow (@CheddarFlow) August 18, 2022
59 South said:
FJ43 said:59 South said:Net short positions against the S&P 500 futures by hedge funds have reached a record $107 billion this week, according to calculations by Greg Boutle, head of U.S. equity and derivatives strategy at BNP Paribas - CNBC
— Cheddar Flow (@CheddarFlow) August 18, 2022
They know
sts7049 said:
futures not bullish this morning