picking up some SE puts here.
not the biggest option chain, reading over the ER they reported their best earnings but are still really negative on EPS. I feel this is a short term play and will cut quickly if the stock rally’s
5/27/2022 80 put @4.65
Let’s get robotic! It’s time to buy 0DTE FDs!
Put
$404 Strike
Premium currently $2.34. Given a 25 cent movement, put value will increase 3.63% or $0.08
Option symbol SPY220518P00404000.
Let’s get robotic! It’s time to sell 0DTE FDs!
$404 Strike
Premium currently $2.36.> Option symbol SPY220518P00404000.
sold here, these candles are scary, out at 5.05
Let’s get robotic! It’s time to buy 0DTE FDs!
Put
$405 Strike
Premium currently $2.95. Given a 25 cent movement, put value will increase 3.09% or $0.09
Option symbol SPY220518P00405000.
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Let’s get robotic! It’s time to sell 0DTE FDs!
$405 Strike
Premium currently $2.55.
Option symbol SPY220518P00405000.
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Spy still has a gap to fill from 406-410 so I would be watching for that gap fill right now
I’m out of my calls. I was going to hold them for a lot longer, but this rally up is on such low volume that I don’t feel safe holding anymore. Another thing to note is that SPY is failing to break through the downtrend line it formed. Unless SPY manages to break the downtrend line into close and end somewhere within 409-410, I’m going to guess that we form a lower high soon which means 1-2 red days incoming. Also RSI on the 1 hour is failing to form new highs even though the price is. VIX has been crushed heavily and I expect it to bounce at around this level as it has done before.
Had to hold overnight - but in the green on these - will be watching for an exit and getting out today
Out of those a hair over 10% -
Took a gld put after seeing some green in bonds and overall red in commodities
Looking at #spy 6/17 $410 calls @ 7.00 if they fill Edit - moved it to 7.10
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took one @ 7.00 just now
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Joining you guys, got fills at $6.95
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grabbed some AFRM may27 26p
Stopped out of gld surprised after oil dropping near 5%. Could be some big fear coming out of this s&p dip
out of afrm puts on 26 support. wasnt going to hold for too long cuz of retart push it’s been having.
Taking arkk put speculative tech is holding up when it really has no legs.