#SPX and Fang Stocks all Have Pro-Gaps Up- Trapping Longs on Daily bars, I've never seen so many. PUT/CALL ratio is SKEWed. Check my prior tweet. They are gunning to fade out heavy shorts down here. Let it fade- we will Buy Puts Rally into M/W supply.
I don't think people really appreciate what's happening in the options market right now.
Last week, retail traders bought $19.9 billion worth of puts to open. They bought only $6.5 billion in calls to open.
This is the first time in history that puts were 3x calls.
#SPX CPI is out, quiet news week. CPi novice Gap Faded (outside MonthlyBB) Friday piercing line close, PRO-Gap Up Monday to kick this week off. small Weekly hammer. OCT monthly wick is all Daily reversal Bars half way thru so far. I trade what I see. 👀
#SPX Rally Fade- Continues.. Shorts are getting Slapped… Let it Rip, added to Bull Call Debits today 3980/4010, on VWAP break/conquer.. We Will Catch the Slam Down. Let it come up to Supply.. BE PATIENT!! BB play on Monthly/weekly killed it 🤙
#SPX Bot Call Debits. These are Far OTM. (I have some a bit closer to ATM as well, more risk) For OCT 14th Expiration. Wanted to get these "lower priced" Debits on twitter.
#SPX Swing Play is up over 10:1. I sold alot off at $11.60 (bought em at $1.65 on Tuesday) Have 1 remainder on currently trading $15.75. Going to close out remainder NOW. Oh Appl lost .65 cents. Small loss. SPX Big Gain.
So far in 2022, VIX has recorded an average close of 26.3, on track for 5th highest annual average since index history began in 1990
@SPDJIndices @CBOE
#EURUSD Taking Profits on Shorts. Took like 2 weeks. Patience Pays. $DXY Longs. Will post #GBPUSD next.
(Yellow triangles= Sell Shorts)
(Blue triangles= Buy to Cover/take profits)
#scale
#TSLA Flying. 800Call July 1 exp. I bought for $18.03. They are trading $32.75.. 80% return in 2 days.
Selling some off now to lock gainz.. Keeping 60% of original position on for bigger move higher (if we get it)
*Sold Deep IN THE MONEY Bear Call Vertical Spread*
Bot +Call 4070
Sold -Call 4060
Risk $280
Reward $720 Per Contract.
In Case market falls. I want these to be WRONG.
In which case all above trades are Major "right"