I went in head first here. I think something is up. Seeing deeper OTM calls now. I took some equity in it tooIrish 2.0 said:
This caught my attention... I sold a few 1/21 40P for $6.15/each
Yes. My charts are setup the same as his. I'm missing one of the MAs, but can't remember which one. I've been with Dan for two years now.MasonRamsay said:
is this also Dan Shapiros set up and technique? Ive watched a good portion of his masterclass and I like how straightfoward his trading style is.
And still pushingAG 2000' said:
That AAPL close.
I thought the TRIN indicator from Carter was <0.6?McInnis 03 said:$TRIN issues us a warning for tomorrow. With it closing here at this level, @JohnFCarter writes "The market has an 80% chance of selling off the next day" in his book "Mastering The Trade". pic.twitter.com/9Bm7y5qvwc
— Charles F (@charlesf11) December 7, 2021
YOU WINAG 2000' said:I thought the TRIN indicator from Carter was <0.6?McInnis 03 said:$TRIN issues us a warning for tomorrow. With it closing here at this level, @JohnFCarter writes "The market has an 80% chance of selling off the next day" in his book "Mastering The Trade". pic.twitter.com/9Bm7y5qvwc
— Charles F (@charlesf11) December 7, 2021
Closed at .62, close but isn't that okay?
McInnis 03 said:YOU WINAG 2000' said:I thought the TRIN indicator from Carter was <0.6?McInnis 03 said:$TRIN issues us a warning for tomorrow. With it closing here at this level, @JohnFCarter writes "The market has an 80% chance of selling off the next day" in his book "Mastering The Trade". pic.twitter.com/9Bm7y5qvwc
— Charles F (@charlesf11) December 7, 2021
Closed at .62, close but isn't that okay?
So does two 80% up days nullify the two 90% down days last week and the super bad omen that came with it?
— Benjamin Barnett (@nbarnett1972) December 7, 2021
Yep.
— Walter Deemer (@WalterDeemer) December 7, 2021
Another classic stock thread moment brought to you by McInnis 03.McInnis 03 said:
I'm dumb and need to update my chart.
lol, now he should explain the MOC today, was 3B to the sell side. This is going to be one big bubble to pop.McInnis 03 said:
Bear market is overSo does two 80% up days nullify the two 90% down days last week and the super bad omen that came with it?
— Benjamin Barnett (@nbarnett1972) December 7, 2021Yep.
— Walter Deemer (@WalterDeemer) December 7, 2021
BREwmaster said:lol, now he should explain the MOC today, was 3B to the sell side. This is going to be one big bubble to pop.McInnis 03 said:
Bear market is overSo does two 80% up days nullify the two 90% down days last week and the super bad omen that came with it?
— Benjamin Barnett (@nbarnett1972) December 7, 2021Yep.
— Walter Deemer (@WalterDeemer) December 7, 2021
So, ideally, you collect the premium.. PLUG runs up past the strike & your puts expireIrish 2.0 said:
This caught my attention... I sold a few 1/21 40P for $6.15/each
Bob Knights Liver said:AG 2000' said:If this was targeted at Bob Knight's Liver 20P VIX puts, looking at the option chain that's for 12/22.bmoochie said:
What expiration?
Yes Dec22 for those VIX puts. If this last 6 days of volatility was more Omicron response, I think these will pay. If it was tapering, jobs miss, etc. then I still could see those puts get to $0.35 so I can go net free but I doubt we'll get back to $17 VIX anytime soon.
$VIX $PCSP #Sentiment pic.twitter.com/jXGUhAW7t6
— HiddenPivots (@HiddenPivots) December 7, 2021
bmoochie said:
I followed and actually did go netfree. I have had too many trades lately go against me because I thought it would run more and end up with losers. So trying better to be more disciplined for my account size.
Bob Knights Liver said:bmoochie said:
I followed and actually did go netfree. I have had too many trades lately go against me because I thought it would run more and end up with losers. So trying better to be more disciplined for my account size.
You probably made the correct choice. Quick trigger in this market seems to win more often. Grats of the discipline!
hahaha, you may get your wish. AAPL flow today was insane. There was a huge buy on March 200C's even.Bob Knights Liver said:
It may be the Moscow Mules talking, but let's go ahead and have APPL gap up to push SPX and fill that VIX gap on the open. I vote for that!