Nice day trading day today----Swing and Position did not fare well though they are at lower leverage.
If you are still using the Dec contracts there is a big chance of locking in some big losses. You can come to the OK Corral tomorrow at 11 am, we have a public prayer for the longs...
Polenta’s perpetual puts. Shorted from 1.99, traded to 8 in three days, never covered. Would be at 25 today for a 1150% loss on premium. https://www.elitetrader.com/et/threads/volentes-bar-and-grill.228624/page-694#post-4742404
Poking through SPX 2533 and not closing below is the first reason to start looking at a nice bounce setup. I will be looking for this to break 2578 and then pull back to get long for nice bounce into Xmas