@RickFlair1999 Around 11:30ish, so I'm down slightly on the position. I'd love the opportunity to build a collection of strikes if we head lower. Just had the significant dip today, so wanted to get a position started.
@deepsaturno And 4hr failed to shift structure away from Friday’s bullish OB. Had we swept 30270, we’d have some bear friendly fun… but rejected, so bull party raged on to new ATHs
@deepsaturno Yeah, IV crush/Vol crush… most short dated contracts had lost about 70-80% of their value on Thursday because the implied move was around +/-5%.
I’ve been playing the options game for years. The mechanics are fascinating.