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Brewmaster
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AG
Spoony Love
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BREwmaster said:


You seeing a drop coming?
Brewmaster
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Spoony Love said:

BREwmaster said:


You seeing a drop coming?
just trading this one right now

VIX is in a channel and top is around 23.20, but it's in the middle at the moment. If it keeps pushing though we certainly lose 4490 and will probably be a bearish close.

bulls are fighting hard for 4500 though
FTAG 2000
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VIX looks like it's building a cup and handle.
Spoony Love
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Bulls from the top rope to $450 again. Bears are not reacting currently.
Brewmaster
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BREwmaster said:

Spoony Love said:

BREwmaster said:


You seeing a drop coming?
just trading this one right now

VIX is in a channel and top is around 23.20, but it's in the middle at the moment. If it keeps pushing though we certainly lose 4490 and will probably be a bearish close.

bulls are fighting hard for 4500 though
negated, just like that, wow! stopped out of puts, markets headed back to 4520
cjo03
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ton of info on PTON for the curious.

https://www.blackwellscap.com/wp-content/uploads/2022/02/BW_Peloton_Presentation_Feb072022.pdf
$30,000 Millionaire
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rally or dump into close?
$30,000 Millionaire
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amazing energy there. it got me too.
BrokeAssAggie
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SPY can break $451.02 we should make a strong move up to $453.
McInnis 03
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$30,000 Millionaire said:

amazing energy there. it got me too.
These whipsaws do two things

1) Wreck average joes
2) Make the real savvy trader folk be done in a jiffy.

Honestly, today was as easy as buying yesterday's low (bottom yellow) and selling yesterdays high (top yellow). F me.
Brewmaster
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$30,000 Millionaire said:

amazing energy there. it got me too.
I think the market has decided way too many people short, time to kill the premiums
Bob Knights Paper Hands
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$30,000 Millionaire said:

rally or dump into close?

I think we close around SPX 4520-4525. Just above this group of MAs. That's either a setup for large green volume to return tomorrow or for the rug pull.
$30,000 Millionaire
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$50K account.

Buy 1 Feb 9 451C @1.87
AgEng06
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Damn, this thing was gone almost immediately.

Edit: coming back now, but it hit 2.00 within a minute.
$30,000 Millionaire
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$30,000 Millionaire said:

$50K account.

Buy 1 Feb 9 451C @1.87
we are going to assume full risk on this and carry overnight.
FTAG 2000
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Bob Knights Liver said:

$30,000 Millionaire said:

rally or dump into close?

I think we close around SPX 4520-4525. Just above this group of MAs. That's either a setup for large green volume to return tomorrow or for the rug pull.

I've got that correlation on SPX vs. VIX charted. Rising heavily on the daily.

$30,000 Millionaire
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you can get a better entry than me now.
$30,000 Millionaire
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AG 2000' said:

Bob Knights Liver said:

$30,000 Millionaire said:

rally or dump into close?

I think we close around SPX 4520-4525. Just above this group of MAs. That's either a setup for large green volume to return tomorrow or for the rug pull.

I've got that correlation on SPX vs. VIX charted. Rising heavily on the daily.


what does that mean?
AgEng06
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Yeah, got in the 1.70s. Thanks for calling it out.
BrokeAssAggie
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we about to get a little rip
Irish 2.0
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Closed my 4/14 120C on AMD. I will likely look to get back in on AMD tomorrow for the 130 break. I'll take ~15% on a little option swing all day.
FTAG 2000
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$30,000 Millionaire said:

AG 2000' said:

Bob Knights Liver said:

$30,000 Millionaire said:

rally or dump into close?

I think we close around SPX 4520-4525. Just above this group of MAs. That's either a setup for large green volume to return tomorrow or for the rug pull.

I've got that correlation on SPX vs. VIX charted. Rising heavily on the daily.


what does that mean?


McInnis can probably go deeper detail on this, but basically as the correlation rises, the likelihood of a pivot and decrease on the SPX increases.
BrokeAssAggie
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VIX below 21.50 and it's on...
BrokeAssAggie
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Here we go!!
Bob Knights Paper Hands
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Is anyone still in $BROS? It had a really nice green hammer today after testing the 10-day. Yesterday after it sold off following that blast to $63, it still closed right at the 5-sma. I like this one to just continue slowly running up the 5 and 10 MAs.

I'm gun shy of holding overnight, so I didn't want to buy calls. I ended up buying 18 shares to give me an investment of $1,000.
Irish 2.0
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Irish 2.0
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I really hope none of y'all are still in this steaming pile of *****..
Irish 2.0
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Irish 2.0
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Mr. Lahey
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Irish 2.0 said:

I really hope none of y'all are still in this steaming pile of *****..





Meh, I'm net free and have been for a while just selling weeklies for Pennies.
Agsquatch
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Irish 2.0 said:


she's hot
Ragoo
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Now I want chipotle
Irish 2.0
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Ragoo said:

Now I want chipotle


I want Freebirds pre-PE ****ing it up…
BrokeAssAggie
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I worked the grill in the early 2000s. When it was good
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