Nailed it ;) Made out like a bandit on my 115 puts... love overbought markets they selloff so quickly... bought nice cheap puts a couple of weeks back... lovin'it
This selloff in small caps just getting started. Dip buyers will get spanked ;) I think this will be a precursor to what happens on the larger index come october and november
Haven't really had a down day on the market for over a month... what will this do if we get a couple of down days back to back? Doesn't seem to have much support under 115... will it test 110 again this month. I think the real test will comes in Oct... maybe a break below will test longterm support around 100... time will tell.
Until they can actually rally to a new weeks high you guys are just yapping in the wind ;) Market still can't get out of bed... Haven't even matched yesterdays high in the morning pump.
Not really, I cashed in a whack of puts during this mornings minor dip and made serious bank... So please run this back up I need to reload ;) Trust me I'm not the only one gaming this range either... we are extracting easy money from this overblown rally... this will continue like this for weeks... Pump dump and do it again ;)
Yep, I just unloaded half of my qqq puts for a nice double bagger. Now I'm getting a free ride on the rest... Can sit back and let the market come to me ;) My expiry is Sept so just need this correction to play out in the next 2-3 weeks and I'm good!
That would be total FUBAR if that actually happened.... It would be one of USA's biggest miscalculations since Vietnam.
You are delusional, ironically when this trap door finally snaps open you will be the one getting the margin call... Good Luck ;)
Get over yourself... we are hardly green... if they can get this anywhere near 195 today then you can gloat all you want... bet you at some point we go red... markets are bumpy and volume is thin any little bit of fake news swings market in either direction... sit back and enjoy the show ;)
Well if we do rally today I'm totally comfortable holding on to my deep in the money Sept puts. Will wait for the next down day to unload. This premarket buying is totally meaningless.
sorry correction I meant premarket ;)
Yah, futures market in august has basically no volume so you can't really read into it too much up or down... what counts is the close!
Market finds reason to rally... 2 tweets from a Russian news agency... Yes all is fine, Russia will play nice. Amazing what constitutes as news or an excuse to run the flag up the pole. Well we have low volume so expect bumpy swings in either direction for weeks to come.
Just wait until Europe opens.... The Bulls will finally have to admit defeat and throw in the dip buying towel and let this correction run it's course... funny in hindsight this will look so obvious.