I've now got expiring xsp 365/363 put spreads and 367/368 call spreads built out. 366 pin is all but guaranteed
I haven't been in this long, but what I've heard so far seems like most of these wholesalers are pretty... how do I say this... "red pilled?"SF2004 said:irish pete ag06 said:The only one that has gotten into the grease of it is that post election they expect grid lock government and the markets like that.HumpitPuryear said:
Driven by what? Is this a hunch? Throwing darts? Or is there some specific events or fundamentals that justify the forecast?
Like I said. I don't see it.
Keep in mind these folks are representing investment companies and such. So the markets up make them money. I will say that the one guy who went the most in depth was pretty bleak a year ago according to my co-workers.
Ask them if we are in a recession. Any other answer than yes and they should be ignored.
Also ask if they agreed with Goldman when they said inflation was a "surprise".
Can we?irish pete ag06 said:
Here we are again. Have not closed a day above this pink line since Sep 22...
Which algo will win?irish pete ag06 said:Can we?irish pete ag06 said:
Here we are again. Have not closed a day above this pink line since Sep 22...
Updateirish pete ag06 said:Which algo will win?irish pete ag06 said:Can we?irish pete ag06 said:
Here we are again. Have not closed a day above this pink line since Sep 22...
Bull case is if we melt up to 3710 and get a push there we can run to 3740 in a blink of an eye.Spoony Love said:
Crazy tight, and it just tried to break that triangle
I’d say around 1:45 today for you expiring $SPY high risk rollers
— Freedom Costs More Than Being Concerned... (@oldarmy1) October 17, 2022
I mean I wouldn't believe anyone who could possibly claim to know this for sure.Philip J Fry said:
If we end up today, tomorrow crashes right? Trying to decide how much profit taking I should do today.
"lose $ on" instead.irish pete ag06 said:
Lotto'd a 3700C in SPX.
Turns out I cantrade0DTE on fidelity.
They're gonna close it below the trendline aren't they....irish pete ag06 said:Updateirish pete ag06 said:Which algo will win?irish pete ag06 said:Can we?irish pete ag06 said:
Here we are again. Have not closed a day above this pink line since Sep 22...
Charismatic Megafauna said:
If your trendline is drawn like mine we closed above it. The 4hr candles look a lot like 8/16, 9/9, and 9/12. 8/16 and 9/12 gapped down the next day, 9/9 gapped up. I would prefer we just spend the next few days consolidating in the channel we spent all afternoon putting in before the fireworks happen
and FUBO with a big rip and beat after hours.Philip J Fry said:
Liking my day between DNN, UPRO, and FGEN. Wish everyday was like this instead of the complete opposite.