AFRM bear position is ‘green’ so far this week, overall red from holding during the run up. My repositioned entry last week (17.5s for Aug 19th) is up 50% whereas the two contracts I bought yesterday morning at its high are now 150%. Going to maintain them as it appears to be underperforming vs the Market.
Watch RDBX 6.52 break <@&895135662867619930>
This is probably way over-engineered, but took 40 contracts of the SHY 80P/85C strangles for Dec for $0.25.
SHY is the 1-3 year T-bond ETF. IV is super low at 3.9%. If Fed removes guidance during FOMC, or even indicates this is a possibility, would expect that vol to show up in forward rate expectations, leading to price movements of this, as well as increase in IV.
Closed spy calls there <@&895135662867619930>
Subtle reminder that even though the market is wrong, playing against the trend is wrong-er.
AT this point SPY 404 may be next resistance I am watching <@&895135662867619930>
TBLT 5.50 break <@&895135662867619930>
Out of TBLT. Was adding at 5.27 so not a bad run <@&895135662867619930>
TBLT back in on the rebreak of 5.50. Watch 5.75 break. They announced deal with ACE hardware, low float, and closed public offering yesterday. This is a share only play but this should run today. Watch for a dip buy at support around 5.25 or 5 could be good entry. <@&895135662867619930>
TBLT looking for that 5.75 break then 6 break will be big. I may sell at open if it pops then look for a dip buy <@&895135662867619930>
TBLT trying for 5.75 break now <@&895135662867619930>
Out of TBLT at about 15% on the 2nd time. If you took around 5.25 to 5.30 you would be up about 25% to 30% right now. Hope some got in. <@&895135662867619930> I will wait for a dip to buy in again.
today’s action is wild, and admittedly uenxpected considering the pm movement. sitting today out and gonna watch aapl and amzn movement ah
Careful on TBLT here. Volume died and if it looses that 6 i am out <@&895135662867619930>
Again if you want to try for another pop. Entry around 5.25 or 5.50 safer but I am done with this one for today <@&895135662867619930> Don’t want to overplay it.
playing a single 3980 put for funsies
cutting this shit lmao fuck me
Watch 7.50 break TBLT <@&895135662867619930>
Moving stop loss up to lock in profit on TBLT just under 7.50 <@&895135662867619930>