big greenAggiePeeps06 said:
Almost breakeven on the day with just under an hour of trading left. Everyone make your calls, how do we finish?
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Last: 2 hrs ago by FishrCoAg
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AG
If you have options that are in the moneyNRD09 said:Que?McInnis 03 said:
If you have options itm
Trump just said there is "lots of pent up energy and demand in the market". He went on to say "the stimulus and pent up demand will take us higher than where we were, in a short period of time."
Unwittingly setting the bull trap all the way to 2800. Retail better get in NOW before they lose their chance to get rich in the V correction!
Unwittingly setting the bull trap all the way to 2800. Retail better get in NOW before they lose their chance to get rich in the V correction!
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sorry bad joke. I pretty much only buy options that are way otm and sell them when they get less otmMcInnis 03 said:If you have options that are in the moneyNRD09 said:Que?McInnis 03 said:
If you have options itm
It's a T1 halt. Doubt it will take 30 days to release the news. I believe the max is 10 business days anyway, and that's a full blown trading suspension.McInnis 03 said:
So I think the LK 30 day halt is real. If you have options itm you can exercise if you wish. If otm, you're SOL if they expire during that window
Ironically, I believe he's right. When this virus is behind us and people return to normal, the trillions the Fed infused will be put to work. I can see the markets set new ATH in Q4, JMOthirdcoast said:
Trump just said there is "lots of pent up energy and demand in the market". He went on to say "the stimulus and pent up demand will take us higher than where we were, in a short period of time."
Unwittingly setting the bull trap all the way to 2800. Retail better get in NOW before they lose their chance to get rich in the V correction!
OA1 - Question for you on this. What put you onto this trade? What made you think DIS had upward pressure?oldarmy1 said:
Bought DIS $105 April 17 calls
Is 23,574 (what the Dow hit this morning) the high for April?
100,000+ volume on the APR8 Spy 265p
wouldn't that be pretty close to the Model T?iluvpoker said:
Is 23,574 (what the Dow hit this morning) the high for April?
People should be taking profits and we start our descend downward to test lows again, right?
I see us pulling back but I don't see us retesting 18K on the DJIA
Agreed, eventually. However, his timeframe and tone are much shorter than Mnuchin and others. It reminds me of him signing that Friday speech rally as if it was a bottom and beg of V. Doubt he would have said what he said today if S&P was below 2k with all fundamentals and CV news the exact same.
I like Trump and am happy he is in charge. But I have always been critical of him taking credit for short term stock performance, knowing it would come back to bite him in an election year, long bull run correction. Obviously never expected CV19. IMO, as POTUS, he should stick to taking credit for longer term economic policy.
I like Trump and am happy he is in charge. But I have always been critical of him taking credit for short term stock performance, knowing it would come back to bite him in an election year, long bull run correction. Obviously never expected CV19. IMO, as POTUS, he should stick to taking credit for longer term economic policy.
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Well, that was our bounce back rally from hope of getting to other side of CV curve.
Now the realization of the economic damage will start to take shape.
Now the realization of the economic damage will start to take shape.
Lot of difficulty getting below SPY 266 here near close.
So, there's this thing that happens T - 30 minutes into the close....the last of the bohemians said:
Well, that was our bounce back rally from hope of getting to other side of CV curve.
Now the realization of the economic damage will start to take shape.
Aggie_2463 said:wouldn't that be pretty close to the Model T?iluvpoker said:
Is 23,574 (what the Dow hit this morning) the high for April?
People should be taking profits and we start our descend downward to test lows again, right?
I'm hearing from 4 different camps so one of them will be right, but I don't know which
1) This will be a prolonged bear market and we are headed to lower lows ( like Dow 15,000)
2) We will retest lows (18,000)
3) we will retest 21,000 then bounce higher
4) This is a V-shaped recovery. Any pullback is a buying opportunity.
Right now I'm most aligned with #3
June 19AggiePeeps06 said:
What expiration?
Everyone is thinking "Well rally over" because they see all the afternoon selling. But then you look up and see we are still green. Markets can go either way tomorrow so the SPY straddle is trade #1 in my book. I did repurchase some DIS $105 calls on the $100 challenge.McInnis 03 said:
Lot of difficulty getting below SPY 266 here near close.
My gut is telling me the same. I feel like we see a few days of green like this and then a couple weeks of red (with a few days of green sprinkled in). I'm looking for it to break under 20K into the 19's. where I'll begin cleaning up my allocations there. If we do retest 18K or even break under it I'll be moving other assets around to deploy more capital into buying on the way down. I just hope it waits a couple weeks so my first round of "loss harvesting" settles and I can do it all again.Prognightmare said:
I see us pulling back but I don't see us retesting 18K on the DJIA
I'm getting antsy and that's NEVER a good sign.
Whoa, huge rejection there at 270, SPY
Weekly expiration on the straddle? Looking like 274 calls and 267 puts are the play. Correct me if I'm wrong
True Bull vs Bear battle going on right now
jj9000 said:
Keeping an eye on the 2:50 PM CDT dump.
FIFY
Prognightmare said:
I see us pulling back but I don't see us retesting 18K on the DJIA
That would trigger my Model Yugo buy point
Standing by.....
Trump 'V'?
Holy volatility Batman.
Do I get a prize for being right two days in a row?IrishTxAggie said:
Would not be surprised if we have a sell off into the close and finish the day pretty close to flat.
Pardon me for the cursory correction, but a straddle is a put/call at the same strike right? Strangle is the spread out put/call on different strikes, no?
What does the magician have for day 3? Asking for a friend.IrishTxAggie said:Do I get a prize for being right two days in a row?IrishTxAggie said:
Would not be surprised if we have a sell off into the close and finish the day pretty close to flat.
Carlo4 said:What does the magician have for day 3? Asking for a friend.IrishTxAggie said:Do I get a prize for being right two days in a row?IrishTxAggie said:
Would not be surprised if we have a sell off into the close and finish the day pretty close to flat.
I too am curious
I think there are going to be massive deaths reported this evening and there will be a big panic sell off tomorrow
You'd be hard pressed to find anyone on this thread calling a "V" shaped recovery. But you do you.machine20 said:
Trump 'V'?
Had my limit sell at 276 today...damn
IMO, the market DGAF. This is a trading market and use the volatility to your benefit.Exsurge Domine said:
I think there are going to be massive deaths reported this evening and there will be a big panic sell off tomorrow
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