Bought some XOM calls at 130 for 1/20/2023 expiration. Longshot probably.
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Last: 2 min ago by South Platte
C&H on SPY intraday? Might be a quick lotto if we can break 371.40ish.
(red fib levels are from 9/12 high and 10/13 low)
(red fib levels are from 9/12 high and 10/13 low)
and we're off....at least for now...
It has room to go still. I just think it is going to run out of steam
May see it here soon (on the out of steam part). Hope not.Spoony Love said:
It has room to go still. I just think it is going to run out of steam
Farmer @ Johnsongrass, TX
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Thanks BREwmaster!
SPY is coiled.
Chances of an OPEX power hour? above 50%
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My new Stetson El Jefe 5000X (black band) arrived about an hour ago. Couple more days left to wear a straw in this neck of the woods. It's my rally hat and baby it's sweet. And, it's working too!
options wise, it looks like they're loading for next week. NFLX going bonkers, but other names too.
mighty fine hat sir! this one?Farmer @ Johnsongrass, TX said:
My new Stetson El Jefe 5000X (black band) arrived about an hour ago. Couple more days left to wear a straw in this neck of the woods. It's my rally hat and baby it's sweet. And, it's working too!
Farmer @ Johnsongrass, TX
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I do believe next week to be glorious.BREwmaster said:
options wise, it looks like they're loading for next week. NFLX going bonkers, but other names too.
Farmer @ Johnsongrass, TX
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Yep, but I got the black hat band. Brother it's worth every penny.
Farmer @ Johnsongrass, TX
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That's it Hoss!
wild day IMO
You don’t trade for money, you trade for freedom.
i will be surprised if they let it close up here, but let's see.
You don’t trade for money, you trade for freedom.
I think this is a good place to grab some puts for middle of next week.
Jumped in on 95 Dec TLT calls. I like R:R here for a potential bounce to 100. As 30K would say it either works or it doesn't. Will cut at new low.
I bought Jan 104C. Gaps galore around 100 range. And yes…close below 92 and I'm out.
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The market really ran with all that Hopium of a potential 50bps rate hike in December vs 75bps.
Sheesh
Sheesh
Next Week:
Red Pear BCS Luke said:
The market really ran with all that Hopium of a potential 50bps rate hike in December vs 75bps.
Sheesh
Any excuse is suitable for Max Pain. I sat this one out. Honestly dont know how we can be bullish beyond Nov 8th. Perhaps Smoke n Mirrors till then.
Where are you seeing that 50bps is even on the table?
He said for December, the November one will be 75bps
M4 Benelli said:Red Pear BCS Luke said:
The market really ran with all that Hopium of a potential 50bps rate hike in December vs 75bps.
Sheesh
Any excuse is suitable for Max Pain. I sat this one out. Honestly dont know how we can be bullish beyond Nov 8th. Perhaps Smoke n Mirrors till then.
I'm a simpleton, but I think this market is due a 20% at least bear market rally.
It just needs the catalyst whether it's bull **** or not.
I know, but I'm still wondering why anyone thinks 50bps is on the table for December.
some whale is loading January 90P's and pretty big OI too. Regardless, I think you guys get a bounce next week and TLT pays at least short term.BaylorSpineGuy said:
I bought Jan 104C. Gaps galore around 100 range. And yes…close below 92 and I'm out.
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Next week.
That's what we are gonna do.
Push It!
Have a great weekend!
That's what we are gonna do.
Push It!
Have a great weekend!
crazy day, not the one I expected.
glad I got mine early and got out.
glad I got mine early and got out.
You don’t trade for money, you trade for freedom.
BREwmaster said:some whale is loading January 90P's and pretty big OI too. Regardless, I think you guys get a bounce next week and TLT pays at least short term.BaylorSpineGuy said:
I bought Jan 104C. Gaps galore around 100 range. And yes…close below 92 and I'm out.
Any way to know if those are sold puts or bought?
In my simpleton view of flow, you can use bid or ask supposedly.
But there's also no way to know if it's a hedge or not.
But there's also no way to know if it's a hedge or not.
yeah I was just looking for strikes that stood out to me via Bid/ Ask, but then I also looked at volume and OI.
I wouldn't sweat it, I don't think it means much yet.
I wouldn't sweat it, I don't think it means much yet.
Bear markets typically don't end until the FED actually stops the constrictive monetary policy, and turns to loose money.
It's more than the signal that was delivered this morning. They have to actually pause.
In other words, this week was an amazing bull trap. A bull trap that may continue for another week until Powell breaks their hearts.
It's more than the signal that was delivered this morning. They have to actually pause.
In other words, this week was an amazing bull trap. A bull trap that may continue for another week until Powell breaks their hearts.
irish pete ag06 said:
In my simpleton view of flow, you can use bid or ask supposedly.
But there's also no way to know if it's a hedge or not.
I'm also a simpleton hit it would make more sense to sell long dated ATM/near the money puts vs buying them?
More profit on OTM puts that are bought vs sold, no?
Moreover, why would anyone pay for 3 months of premium for a $2-3 move??