will SPY close below 300 today....call your shot..
I hope not. We need a bounce for the selling to continue.CrazyRichAggie said:
will SPY close below 300 today....call your shot..
I agree for the recovery. I'm in for 1000 shares, I think in 5 to 10 years it'll be a nice investmentAgEng06 said:
I got in at open, expecting a DKNG type take off. It hasn't so far. I'm down ~15%, but I expect a good recovery by the end of the year.
you still buying calls?aggiedaniel06 said:VIX calls amirite?$30,000 Millionaire said:
I will buy calls at 302.
not a chance. PPT about to hit hardCrazyRichAggie said:
will SPY close below 300 today....call your shot..
????aggiedaniel06 said:
What if I told you ATH coming on the VIX?
same belief.IrishTxAggie said:
My prediction:
We'll pop up tomorrow. Suck some bulls in. Gap down and bleed until 6/19 to absolutely destroy all of the OI Calls.
Woah.aggiedaniel06 said:
Look for what USDJPY does overnight. And while you're at it look at USDJPY the week leading upto 2/21 and this past week.
Buy into this 15 min close. They bought into the spike at exactly 2:45 and now s/l will get triggered back down here and then they'll buy it up AH.CrazyRichAggie said:
do what?
SameAndy07 said:
I'm just watching Davey Day Trader Global for my read on the situation.
WHO WE BUYING!
That seems risky to me. Crush out the people holding calls tomorrow with an opening down and slight recovery and finish slightly down on the day. Then over the weekend news of a vaccine starts to circulate and rioting goes away. Open up big on monday.IrishTxAggie said:
My prediction:
We'll pop up tomorrow. Suck some bulls in. Gap down Monday and bleed until 6/19 to absolutely destroy all of the OI Calls.
Still zero?ehrmantraut said:TxAG#2011 said:
In my non expert opinion, we will revisit 270's or a ~50% retracement from here to last through the summer. Too many gains and too much dumb money flooding in for a 3 day retracement.
We could still have a blow off top but I'm not gonna risk it.
Not a chance
Looks like we closed at 1.94?McInnis 03 said:
So take this as a "it's worth what you paid for it" but I was relistening to a chapter in the book this morning and one of the factoids thrown at me wasQuote:
If the Trin closes below 0.6, the market has an 80% chance of selling off the next day.
If the Trin closes above 2.0, the market has an 80% chance of rallying the next day.
If after closing above 2.0 the markets can't rally the next day, a major sell off could be in store.
-John F. Carter, "Mastering the Trade"
Right now, the TRIN has made a BIG jump to 2.04.
I'm in 100% cash right now. I don't give a rat's ass which way it goes. That was a weak close. The 6/19 are OPEX. Those are the ones they need to crush. Not tomorrows. I wouldn't hold an option overnight even if it was free right now. I gave back about 40% of my week today. This sell isn't over. Blew through support after support after support. We got close to a circuit breaker with no news. Buckle uptexagbeliever said:That seems risky to me. Crush out the people holding calls tomorrow with an opening down and slight recovery and finish slightly down on the day. Then over the weekend news of a vaccine starts to circulate and rioting goes away. Open up big on monday.IrishTxAggie said:
My prediction:
We'll pop up tomorrow. Suck some bulls in. Gap down Monday and bleed until 6/19 to absolutely destroy all of the OI Calls.
I think it will be the opposite. We will have a dead cat bounce at some point tomorrow... everyone will be psyched... and then the hammer down next week.texagbeliever said:That seems risky to me. Crush out the people holding calls tomorrow with an opening down and slight recovery and finish slightly down on the day. Then over the weekend news of a vaccine starts to circulate and rioting goes away. Open up big on monday.IrishTxAggie said:
My prediction:
We'll pop up tomorrow. Suck some bulls in. Gap down Monday and bleed until 6/19 to absolutely destroy all of the OI Calls.
TF are we supposed to do with that!?Maximus_Meridius said:
Looks like we closed at 1.94?