Is it power hour yet?
Yep. Posted that yesterday on the SPX chart and how the pattern was different than prior OpEx and Quad Witch.BREwmaster said:
anyone else concerned this week looks like a bear flag? whereas most OPEX weeks we dip and rip?
I took the 450C.Spoony Love said:
What are you taking?
These are now at a penny. Since they will both be OTM (presumably....) do I run any risk not closing them out by the end of today? Technically they should be expire worthless, but is there any risk of somehow getting assigned for some crazy reason?wanderer said:
Used VIX over 20 and the dip today to sell some 9/17 SPY put credit spreads (435/433) for .25 each. It's not a sexy trade, but seems like a good way to utilize some parked capital instead of trying to catch falling knives.
Tomas Hermensa said:
I shorted TSLA after the opening rip. Then I chickened out, but the shares back, and went after 755/760 credit spreads for next week. My target is 30% gains this morning, 15% gains in the afternoon, or sell before 2pm today.
Earlier rather than later. Premium crush big time.H-town ag said:
Question on VEON calls ... I bought some $2 VEON calls expiring today several weeks ago ... they are still trading negative. Do I wait till later in the day to sell or take what I have now?
Tomas Hermensa said:Tomas Hermensa said:
I shorted TSLA after the opening rip. Then I chickened out, but the shares back, and went after 755/760 credit spreads for next week. My target is 30% gains this morning, 15% gains in the afternoon, or sell before 2pm today.
And I'm out of these for a 10% gain. Paper hands when trading against the major trend. I'm not ashamed.
Tomas Hermensa said:Tomas Hermensa said:Tomas Hermensa said:
I shorted TSLA after the opening rip. Then I chickened out, but the shares back, and went after 755/760 credit spreads for next week. My target is 30% gains this morning, 15% gains in the afternoon, or sell before 2pm today.
And I'm out of these for a 10% gain. Paper hands when trading against the major trend. I'm not ashamed.
Now I am a sad, paper-handed wussy. I should have stuck to my plan instead of biting on the reversal head-fake.
can you reshare this?tlepoC said:
and I'm out for a quick 60% (thank you to the TOS pivot script that McInnis? shared the other day)
Was it this one? Posty Pivots?Ragoo said:can you reshare this?tlepoC said:
and I'm out for a quick 60% (thank you to the TOS pivot script that McInnis? shared the other day)