I shared this to prove something to ALL of twitter.
The universal truths of the market are #TheStrat. It is the mechanical means to which price discovery happens.
Not only did this time the 'pull-back' from ATH's it also showed you where to expect the bottom before we made ATHS AGAIN!
I'm not here to say "I told you so" I am here to say let me show you how to see this yourself.
@AlexJonesIA Just closed my puts at the 200dma. Great trade. Thank you for that initial post. I did get some calls now at $56-$57, it’s due for a bounce I believe
@AlexJonesIA The first 2 transactions: the price of stock goes up, the price of options goes down, IV goes down.. it can still be legit buy but just putting this out here