Opened these positions this morning:
AN - (10) Aug 19th, 105p @ 1.38
RKT - (54) Sep 16th, 6.99p @ .19
UVXY - (9) Jul 29th, 12c @ .54
Hope everyone has a great day
2 Likes
TBLT now broke 7.50. This is profit area taking for me. Don’t forget to cover costs and take profit etc <@&895135662867619930>
TBLT now breaking 8.50. I won’t call this out anymore because if you haven’t taken profit then you might be dumb <@&895135662867619930> At least cover costs…
Closed SPY puts there because I want to be green and be done for the day soon. <@&895135662867619930>
Playing a bear strangle in this channel.
SPY - (5) July 25th, 397p @ 1.48
SPY (4) July 25th, 398p @ 1.79
Spy (5) July 25th, 399c @ 1.37
2 Likes
My thoughts on this trend change/drop. Look for SPY to push up before just jumping in on puts again. We bought twice and is has paid but careful here - I think the russia interest rate cut (same time SPY dropped), profit taking, bad earnings last night, and next week uncertainty caused this drop. A lot probably had SPY hitting 400 or 401. Job cut notices and earnings next week. Some derisking now. <@&895135662867619930>
Taking GME off my list unless it hits 30 or 20 support, which was the old big areas of support before the split. That 35 bounce could have been good for calls but not worth it now to me <@&895135662867619930>
1 Like
Closed these UVXY puts here.
+26%
1 Like
all eyes this week will be on msft, goog, and aapl ER + fomc wednesday. While I think a lot of things are priced in, I’m of the mindset our upside is still limited with the current macroeconomic conditions we’re currently in. The way I see it, if any of these report neutral to poor, the market won’t take it well, whereas if they report well, there’s limited upside. Add in the fed policy update Wednesday things could be very volatile and ugly.
For tomorrow, I’ll be playing the 4000 as my upside and 3920 as my downside (previous week’s support). Best case scenario we hit either level early to rip or dip the other way. Good luck all.
2 Likes
today looks like a total mixed bag. tech is struggling but every dip in spx keeps getting bought pretty steadily. Sitting today out as I’m not sure of any general direction.
1 Like
Cut 1/3 of my AN position here at +98%
Will let the rest run
1 Like
sitting out again today - waiting for msft and goog earnings ah to see where markets will go
Late callout but watch IMPP break of .48 and then .50 again. I am in at .47 <@&895135662867619930>
2 Likes
That was about 7% on IMPP. Stop loss set at .48 now. Normally I would have closed out there but moving stop loss up to see if we get 1 more push up. If it triggers on IMPP then meh. <@&895135662867619930>
swinging lotto qqq puts, 290 strike. will enter eod. With all the headwinds, plus the strong dollar the past q, I don’t think msft will report well, same with google. This is an autistic thesis and a small portion of my port. Will be hedging with some spx 3990c’s 3dte
serious svolume on this sell right now
looking for a clean break below 3920 before riding the momo down