SPY ignoring PPI just like I thought...monthly opex this afternoon could be interesting...I think we rip this afternoon...what do the smart technical guys on this board think??
Max pain is at least $650Charismatic Megafauna said:
Smci looks like it's trying to pin 835, but max pain is 750... may get another drop today. I will probably buy a lotto put for next week if it holds all day
I think the big boys that were pushing it moved over to ASML. Some big flow in it now.Charismatic Megafauna said:
Smci looks like it's trying to pin 835, but max pain is 750... may get another drop today. I will probably buy a lotto put for next week if it holds all day
When I consider max pain, I consider the worst case scenario if I were in right now. Not necessarily for today, but based on the potential the chart shows. It can and will change. There's also max glory, but that's nearly impossible to calculate on this one at this time.Charismatic Megafauna said:
I'm just going off sw@ggy. Is there a better source?
It also says max pain on spy today is 480!?
I would imagine any 4% drop in 0dte would be max pain for a lot of people...Charismatic Megafauna said:
I'm just going off sw@ggy. Is there a better source?
It also says max pain on spy today is 480!?
Lower highs and flat lows. Descending triangle. Punches down more often than up. It needs to get to the $190's before $180, or it could see $160's again.Red Pear Jack said:
Forgot who was talking about AAPL but it seems to triple bottom on the daily before going up, it seems its trying to find that now and there's good supply/previous resistance in the $180/$182 range. Have to see if it fails there.
Ag CPA said:
It's amazing how SMCI drags the Russell 2000 around by the nose, the moves today look silly.
A shares or B shares?Brian Earl Spilner said:
Jumped into BRK in January for a long term hold. It's quietly jumped 12% in the past month.
I bought a share of VOO.Spoony Love said:
Was it Trump news? No? Somebody bomb something? Weird drop out of no where like it was planned
No, just profit taking before a 3 day weekend.Spoony Love said:
Was it Trump news? No? Somebody bomb something? Weird drop out of no where like it was planned
It's probably nothing but someone was buying FSLY during the last hour in size. I'll take it though.Charismatic Megafauna said:
What a fan fkn tastic week, and to top it off i had a couple xsp 501 flys pay! Forgot to buy another smci lotto put and fsly lotto call before close, but i got a spy 496p and 505c for Tuesday, since we're pretty much right in the middle of this channel
I'm short IWM going into next week.oldarmy1 said:
I was fishing today. Got back to my office, logged into the computer, took a look at the 15 minute chart and we were at $500.50. Immediately told members I was buying $498 Puts for Monday and then a 4:2 ratio of Puts to calls. We ended with 5 $498 Puts to every 1 $500 call for Monday. Really squeezed the box down tight, since we are right at the two most key technical at $499.