really confused at how well aapl is holding considering everything else, scaling into a call here for spx
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scaling out half here
trimmed some more here, have some 3900 3dte left
SPX calls at 13 from 8.30 on the callout earlier, Iād take profits here
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just 1 put at that 386.75 area. Was trying to wait for 387 or 388 rejection but got tired. Busy day so not able to really be on. Will be selling it soon <@&895135662867619930>
for about 15% there <@&895135662867619930>
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starting a position on 7/15 SPX 4000c
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potential entry at spy calls here. Just from patterns ive noticed in the past, so play fast
FYI IV is starting to tick up on TSLA for next week earnings
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staying cash overnight, unsure where we go from here
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Going to try to go on an earnings IV ride tomorrow. DAL earnings PM Wednesday. 27.50P currently has an IV of 91.54 and a vega of nearly 1 cent with a 0.39 premium. This means that if IV builds to even a modest 110% throughout the day tomorrow, premium could increase by 0.10 or 25%. With delta, organic movement in the underlying could result in approximately 23 cents per dollar lost or nearly 50%. On the opposite side, a 31.00C has an IV of 86.96% and a vega of nearly 1 cent. Effectively identical, however the return could be up to a third per option given a 20% increase in IV. With delta movement of $0.27, organic movement in the underlying even by a dollar could result in 50% gains in a simple dollar increase. Looking to strangle this earnings play for a single day, selling before market close tomorrow.
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playing downside to 3800 for a bounce back. thinking dip buyers emerge again before long-term sellers show up at the 3950 mark i mentioned before. considering CPI release wednesday that may just throw a wrench into these levels so play with caution.
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INDO on news that they might have found a natural gas reservoir while drilling. 7 and 7.50 areas of support and rebreak of 8 is needed to push up again. I missed the initial push as have been busy most mornings. <@&895135662867619930>
channel trading probably until tomorrow and good support from 380 and 382 and resistance at 384 and 386/387
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position in INDO here <@&895135662867619930>
should say 7.29 average on INDO so far. Will be ready to average down if it drops to 7 on a dip buy <@&895135662867619930>
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watch for that 5 break and 4/4.50 support <@&895135662867619930>
386 resistance paying. Closing puts now <@&895135662867619930>
took profit on the 4000/400c, ww for re entry
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grabbing aapl 146