I knew you couldn't stay away!
From your lips to God's ears...Charismatic Megafauna said:
One xsp runner left. Zero or hero. Not touching it until spy 412.7
GOOG is so dang close to a breakout. Terrible that its at the end of the week into a jobs report with no market. Makes you want to cash in the good gains.Charismatic Megafauna said:oldarmy1 said:
GOOG expiring premiums are about the lowest leverage risk I see in the market, as a potential mover. The $107's when tweeting this were $0.20 now $0.27
Followed you on 107s then added 106s...net free on the 107s now
Golf1 said:
Not going to lie, Watching him on the first tee hit his drive had me nervous for him. I can't imagine the emotions he had but put it in the middle of the fairway!
I've begun dabbling out to June. A lot of times May begins with some upside before the selling, so I take it to June.$30,000 Millionaire said:
May puts may not be a horrible idea. Feels like we are range bound between 3850 and 4150
Model T off the last big trend move! Of course...wanderer said:
Assuming your hedges are on the indexes, how far OTM you looking for June? I've dabbled in SPY 390p & QQQ 290p
Sorry. I meant using this most recent move calculate from the pivot low. So SPY 348.11 SPX 3491.58 QQQ 254.26wanderer said:
OK. I completed my homework assignment.
Awesome.thanks!...and for smaller account traders, you don't have to buy the more expensive MT puts. All you want is to capture a big directional move. Example alternative on QQQ would be the $245 Juine 16 Puts at $0.78 currently. A few here and actually hope markets breakout for one more exhaustion wave to add $255's at same $0.78 premium.wanderer said:
Corrected
$410 Lottos on the moveCharismatic Megafauna said:
You get a nhod! You get a nhod! Everybody gets a nhod!!!
Charismatic Megafauna said:
I knew you couldn't stay away!
I've been out of town and my yard is already a jungle, so that should be a fun mow once it dries outSaltyag15 said:
Boys...south central to north east Texas is friggin WET! And I am not mad about it.
a sign of propping up a weak market? running the meme stocksoldarmy1 said:
More of those Jan 24 $5 AMC calls being bought. Another 400 shooting it up to $1.06 ...large spread on them
It's weird when the stock is dropping and the calls are popping.perma Brew doomster said:a sign of propping up a weak market? running the meme stocksoldarmy1 said:
More of those Jan 24 $5 AMC calls being bought. Another 400 shooting it up to $1.06 ...large spread on them
Charismatic Megafauna said:oldarmy1 said:
Most of the technicals show more upside available. We came back down to Model T of this beautiful trading channel. We have room to the downside without breaking it and I'd be aggressive if it comes to touch the lower line.Another $SPX view. That MACD signal I pointed out before the explosion last week produced a massive move. It also kept the current trend channel intact, igniting just after touching the lower level. Average trend moves have been 20.4 days for each MACD cross. We are at day 12 . pic.twitter.com/v9TLiaA6rg
— Disciplined Trading (@oldarmy1) April 5, 2023
Was that the touch? Let's do this!