well I woke up with the brilliant plan of gradually buying farther OTM calls and selling the near term call that I'v had to buy over the last few days...so far market isn't buying what I'm selling. anyone want a slightly used 1805 next week call for 3.30? edit..sold..thank you very much..
hope your right but hopium is only legal in WA and CO...(about your short..not buying YOUR short here
I'm not short....just slapping myself around a bit for silly trades. 18 trades for half a point. should have gone for a long hike. :eek: bear flag against a pivot. "Should" short........but will sit and watch instead.
If you looked at the 4 hour chart before market open, the ranging chop was a likely outcome. We are in the 'uncertainty' area after a move up. If you trade the 1 min or 5 min bars, you know that right after a move up, you want a pullback. Trading the area between the top and the pullback is usually no man's land. Same goes with today except on a longer term scale. On a side note, I didnt have this confirmed until I saw the 10:00 bar kill most of the bulls for the day.