Come on, that's one of the big reasons to read this board.Charlie Conway said:
disagree...I'm here to ***** about WWRtechno-ag said:Come on, that's one of the big reasons to read this board.Charlie Conway said:
$30,000 Millionaire said:GreasenUSA said:
It seems traders really are waiting for Powell this morning. I find it hard to believe he's going to say anything markedly different from last week, but we will see.
I agree. I'm waiting too
Diggity said:disagree...I'm here to ***** about WWRtechno-ag said:Come on, that's one of the big reasons to read this board.Charlie Conway said:
Diggity said:disagree...I'm here to ***** about WWRtechno-ag said:Come on, that's one of the big reasons to read this board.Charlie Conway said:
What number on IV makes it too high?$30,000 Millionaire said:
IV too high to trade SPX.
well $20 in premium for ATM is really high. normally at that time of day it will be $8-$10.jbeck3487 said:What number on IV makes it too high?$30,000 Millionaire said:
IV too high to trade SPX.
$30,000 Millionaire said:
Maybe it's just me but I don't think there is extreme greed.
Look, they can't go over 5.5% for long if at all. The market knows that. Doesn't matter how fussy J Pow is.
The machines may look for a reason to sell. The dip could get bought.
Remember everyone is thinking like you guys and loading puts.
What did he say?$30,000 Millionaire said:
powell is on around now.
If net free on $BIGC $20 LEAPS (you better be if you followed!) then just sit out the consolidation wedge.
— Disciplined Trading (@oldarmy1) February 7, 2023
If new traders looking for an entry, then today is a good day to be low bidding.
Damn that's some volumeFTAG 2000 said:
SPY rocket. Did Powell said they are done raising rates or something?
JPow said:
Pay the man!
This market don't care. This market rallies at the drop of a hat.EnronAg said:
has said virtually nothing for this reaction...just algos trapping all the shorts...or I don't know, but nothing has been said dovish...
so, how have NG fundamentals changed the last two days?Brian Earl Spilner said:
If BOIL can finish above 7+, it will fill another gap and be the first consecutive green day in nearly 1.5 months.
I think the better question is what was driving that massive oversell for the past month. A fall that deep and that consistent was unsustainable.sts7049 said:so, how have NG fundamentals changed the last two days?Brian Earl Spilner said:
If BOIL can finish above 7+, it will fill another gap and be the first consecutive green day in nearly 1.5 months.
the price of NG drives the price of BOIL, you can't look at one without the other.Brian Earl Spilner said:I think the better question is what was driving that massive oversell for the past month. A fall that deep and that consistent was unsustainable.sts7049 said:so, how have NG fundamentals changed the last two days?Brian Earl Spilner said:
If BOIL can finish above 7+, it will fill another gap and be the first consecutive green day in nearly 1.5 months.