Posted by DigiNomad on 16th of May 2024 at 03:13 pm
Apparently I was moving a little too fast yesterday - I wanted
to sell some calls against WMT position to partially cover my
position (the calls would be just slightly in the money after
today's move, so it would have been a decent move) BUT, I sold puts
instead of selling calls! Sheesh. Well, it wouldn't have been a
disaster if it went against me, but not great even though it
resulted in a windfall today. I was 150% long instead of 50%
hedged. (would be nice to have an AI looking over my shoulder
and be like: really? You want to sells puts that far ABOVE the
current price going into earnings?)
Posted by DigiNomad on 16th of May 2024 at 02:14 pm
Last though on this and then back to trading (I'm well over 100
trades already today....needed a break): It's all fun and games
having an easily manipulated market via an explosion of derivatives
products until you get a country that decides it's time to teach
the smug Americans a lesson, even if it costs them also, and uses
this relatively simple gamma squeeze trick but in the opposite
direction. We know that most major countries have
infrastructure hacks in their modern bag of weapons / tricks. This
will just be one possible weapon in that genre that countries have
over us that we don't so much have over them.
Just need a little ramp
Posted by mla127 on 16th of May 2024 at 03:54 pm
Just need a little ramp into the close .... we can't close red ... come on skynet ...
Mag 7 insider selling, just
Posted by foody518 on 16th of May 2024 at 03:51 pm
Mag 7 insider selling, just saw this table in a ZH article, source from Bloomberg
Spike and fade URA and
Posted by ruidoso on 16th of May 2024 at 03:49 pm
Spike and fade URA and CCJ?????
Coin--rumors swirling that CME Group
BTC and COIN are trying to turn up
Posted by shellson2 on 16th of May 2024 at 03:45 pm
Coin--rumors swirling that CME Group with get into the crypto game
FUTU updated view
Posted by matt on 16th of May 2024 at 03:42 pm
FUTU - Chart Link haven't posted this in a while, been holding a position because of the weekly chart break about a month ago
nice rebound in BABA, nice continued move in YINN
Posted by matt on 16th of May 2024 at 03:38 pm
BABA - Chart Link-
YINN - Chart Link-
STNG Updated
Posted by steve on 16th of May 2024 at 03:24 pm
STNG - Chart Link - after a few days rest - pops higher again so protect
INTC chart cousins :
Posted by dragonfly28 on 16th of May 2024 at 03:24 pm
INTC chart cousins : Take a look at DVAX
INTC Updated
Posted by steve on 16th of May 2024 at 03:21 pm
INTC - Chart Link - hit next target so now just let runners go with stops
BBIO Updated
Posted by steve on 16th of May 2024 at 03:20 pm
BBIO - Chart Link - raise stops
Apparently I was moving a
Posted by DigiNomad on 16th of May 2024 at 03:13 pm
Apparently I was moving a little too fast yesterday - I wanted to sell some calls against WMT position to partially cover my position (the calls would be just slightly in the money after today's move, so it would have been a decent move) BUT, I sold puts instead of selling calls! Sheesh. Well, it wouldn't have been a disaster if it went against me, but not great even though it resulted in a windfall today. I was 150% long instead of 50% hedged. (would be nice to have an AI looking over my shoulder and be like: really? You want to sells puts that far ABOVE the current price going into earnings?)
You alerted the algos to
$VIX alert
Posted by steve on 16th of May 2024 at 03:04 pm
You alerted the algos to crush vol once again
BTC and COIN are trying
Posted by bigg on 16th of May 2024 at 02:46 pm
BTC and COIN are trying to turn up
Failed and quick move down
SPX 15
Posted by steve on 16th of May 2024 at 02:16 pm
Failed and quick move down - strong support still below
$SPXU rising
Posted by ruidoso on 16th of May 2024 at 02:16 pm
$SPXU rising
$VIX alert
Posted by ruidoso on 16th of May 2024 at 02:15 pm
$VIX alert
Last though on this and
!
Posted by DigiNomad on 16th of May 2024 at 02:14 pm
Last though on this and then back to trading (I'm well over 100 trades already today....needed a break): It's all fun and games having an easily manipulated market via an explosion of derivatives products until you get a country that decides it's time to teach the smug Americans a lesson, even if it costs them also, and uses this relatively simple gamma squeeze trick but in the opposite direction. We know that most major countries have infrastructure hacks in their modern bag of weapons / tricks. This will just be one possible weapon in that genre that countries have over us that we don't so much have over them.
ES bulls need to reclaim
SPX 15
Posted by steve on 16th of May 2024 at 02:09 pm
ES bulls need to reclaim 5334/37 now to move up directly
So true - bounced from
SPX 15
Posted by steve on 16th of May 2024 at 02:02 pm
So true - bounced from that zone
Epic buying opportunity by 2024
SPX 15
Posted by DigiNomad on 16th of May 2024 at 02:00 pm
Epic buying opportunity by 2024 standards