V8
Yesterday, I was looking for pre-FOMC rally to 3925, 3945 and we got to 3935 overnight before bulls ran out of steam #ES_F. Until FOMC tomorrow, all is noise
— Adam Mancini (@AdamMancini4) September 20, 2022
Plan today: Bulls need >3905 to trigger back to 3925, 3945. Otherwise, its back to 3870, 3855 (gateway to next leg down) https://t.co/x9l80ovunf
I've been trading this one around a core position, selling when over $1 and buying in the $0.70s. I'm net free on the core position. Thanks for bringing this one to the board.BaylorSpineGuy said:
JUPW May be pushing out of C&H today. Has been basing and forming triangle over last several days and is pushing up this morning. Turned back from 1.40 some few months back and there's a couple other small resistances in between.
Proud bagholder here.
Closed this on the gap down for +15%irish pete ag06 said:
OTM Straddle on SPY for 379P and 397C
Lotto size
irish pete ag06 said:
For those like me who are learning a great deal. I've gotten my ass handed to me trying to swing a VIX trade.
About 5-6 weeks ago I bought $30 VIX calls that expire tomorrow. These have never been green.
I went too far OTM. I was buying these when VIX was sub $20. If I had bought half the amount of calls I did and reduced it to $24 or $25... it would have easily been a win.
Live and learn.
Bust down through the $384.31 line. My next 2 down on the 15 $SPY are $383.46 and then last Friday's low point of $382.11BREwmaster said:great point... and at 11:06 central, bears tried a futile attempt to push under. It was bought hard there (384 dip).JDTxAg98 said:I had a resistance line from Friday @ about $384.31 on the 15min $SPY. Once it cleared that during first 15 min today it's held it every time it pushes down.BREwmaster said:Dude you're learning things, keep it up! that or I am too, lol. I also have 384 as an area of interest.BaylorSpineGuy said:
The caveat here is that 382.11 is a true bottom. Some evidence for that since it made a hammer candle on Friday.
$30,000 Millionaire said:irish pete ag06 said:
For those like me who are learning a great deal. I've gotten my ass handed to me trying to swing a VIX trade.
About 5-6 weeks ago I bought $30 VIX calls that expire tomorrow. These have never been green.
I went too far OTM. I was buying these when VIX was sub $20. If I had bought half the amount of calls I did and reduced it to $24 or $25... it would have easily been a win.
Live and learn.
I short Vix only.
I think you're on the right path for yourself, no need to change. I sit at a computer all day and can be very active. Everyone's trading style is different and you're doing a good job with yours.BaylorSpineGuy said:
Glad someone profited! I'm always reluctant to buy more shares of something at a lower price if it's falling. Maybe I need to get over that.
I like that.BREwmaster said:
rule of 8 has you buy puts or short it at VIX of $36, then sell these at $28, holding a few for a push down to $20. Maybe hold a runner for sub 20, but I'd be out by 20.
Fed’s Third Straight 0.75-Point Interest-Rate Rise Is Anticipated https://t.co/IHQHsh8RmM
— *Walter Bloomberg (@DeItaone) September 20, 2022
I saw that too. There were some floor purchases of deep ITM calls as well (about $200k) worth. Someone always knows. Hope this is Remi finally buyingBob Knights Liver said:
Interesting volume on SAVA the last 20 minutes. Could be insider buying or a pumper starting to create liquidity? Touching the 200-ema now.
Farmer @ Johnsongrass, TX said:
I'll keep this apolitical -
The radical liberals...
310 has been BIG resistance. The rally is on now.Bob Knights Liver said:
TSLA with a big volume green candle.