S h I t head aka Boeing can go if above 208.
You don’t trade for money, you trade for freedom.
as I sold my 422 calls for 5/25 around 2pmoldarmy1 said:
Futures testing upside resistance in the overnight. If we wake up to +20, 25, 30, etc. crazy days are here.
EngrAg14 said:as I sold my 422 calls for 5/25 around 2pmoldarmy1 said:
Futures testing upside resistance in the overnight. If we wake up to +20, 25, 30, etc. crazy days are here.
oldarmy1 said:
I'd go with the selling all the way to 4168
I ain't wrong yet...Opening now indicative 4177. And Model T wouldn't mean the bottom. A bounce, yes, but trending days follow through a great % of the time. Get to the lower range under $415 and I'd bite. Miss it and don't care, as I'm closing 75% of my Wednesday puts early.oldarmy1 said:
No SPY lottos for me last hour. If we stay around current levels and below $420.87 (especially if we can't break opening spike of $420.39) then I see us going into stairstep sideways action into Thursday. Meaning ranges for SPY of $420's to low as much as $414. Would be in Wednesday $417 puts on closing anywhere around $420. I actually entered 5 on the 2nd wick at $420.23 just before the quick drop. Lot of small quick trapping events both directions going on which means neither side is committed. Play the ranges until they make me wrong.
FJ43 said:
I'm going with 416.30s Monday. After that who knows.
I did buy more June VIX calls below 16 today then scalped with the move back over 17. Still holding some.
I took 50% of all 2025 LEAPS off the table. Tweeted so others could see.confucius_ag said:
Anyone trimming PLTR or ......HODL?
Bought PLTR premarket again......riding the ride. (and AI about an hour ago).confucius_ag said:
Anyone trimming PLTR or ......HODL?
Sellers been lined up around there. I went $417 expiring puts and $415 Puts to tomorrow in case we have another tight consolidation day. If we haven't hit a new low intraday by noon I'll accept the loss on the $417 and exit those. Reason being the liklihood of that tight day eating premium and never paying off becomes likely.Spoony Love said:
SPY does not like 418 this morning.
What's the translation for the lurkers/learners here? does that mean we're up against resistance or something is about to blow?irish pete ag06 said:
XOM opening above the 8 day and about to tap the 21
Towns03 said:What's the translation for the lurkers/learners here? does that mean we're up against resistance or something is about to blow?irish pete ag06 said:
XOM opening above the 8 day and about to tap the 21
Towns03 said:What's the translation for the lurkers/learners here? does that mean we're up against resistance or something is about to blow?irish pete ag06 said:
XOM opening above the 8 day and about to tap the 21
oldarmy1 said:
SPX 4168
Predictable bounce attempt after completing Model T on $SPX $SPY. Lose that and the lower ranges I gave yesterday come into play. I dabbled in a few Thursday $418's on Model T achievement, but I'd dive in if we could see into the $414's.
— Disciplined Trading (@oldarmy1) May 23, 2023