Interesting, are you averaging in to that short (48-50) or short at 48.5 ? Edit: And where would your stop be at 54? Thanks
THIS IS JUST ONE OF THE REASONS FOR An entry, the open int in spy calls and puts comes in at 95,the nq is hitting a nip at 54/55, the djt hit its nip yesterday, its expiration week so this will probably be a scalp, but you never know,
Thanks Ammo. I see, so you look for confluence. In theory the further it heads up toward the nip the tougher it gets.?
3 mo has a larger gap in that area, and 6 mo a higher cleave,so not a spot for the major players to meet, not a major shippinng port for the big boats es pulled back to todays nip if you were scalping , this is where you would cover