Reduced long deltas on my DIA put overwrite. It was not able to hold VWAP. Then DIA went below RTH open. Presumably, DIA will test the session low at some point today. The bears do have a decent case and there are plenty of well fed longs…. God help the market if trade frictions start to increase. Edit: Here comes the low now.
I am back in on March 22 contracts, carrying trade. Also long CL, short ZN, skip NQ this time. probably will buy 4320-4350 ATM call option if the market is not stabling by the end of this week.
Damn I love Septembers thru Nov.... We are Heavy & we are Ugly here, ladies & gents! Significant damage done on Daily taking out Last active Low... Lifts are Gifts & shall be spanked! This new admin has destroyed the worlds greatest Country/ Constitutional Republic in just 8 short Months with Mao Zedong style communist division amongst the citizenry ... Capitalist vs Proletariat ... History Always repeats!
I bet the differ, my biggest profit taking trade is with this admin, 15x the committed capital. Folks are always saying that when the market crash. My suggestion is that trade and carry, in the interest of self preservation, no one will short the market beyond the technical correction.
Bet away.... I`m an old school Vol guy... North or South ... Irrelevant as to where as there is no preference here... Those summer trading conditions were for the birds... not for me! They have till Friday to save the weekly & an extra 2 days this month to save the Monthly... That will be the tell tale as to where we headed short term, imho!
+277 MES points called live so far. (pretty much the only person to call trades LIVE ) Long from way up there (had to roll over) I'll be panicking if we drop another 1300 or so giving back most of the gains We'll see...
277??? I thought you had much more profits. "took me a while to go through all my posts lol: -2.5+-4.25+-4.5+10+9+-6+12+25+65+20+8+25+16+6+14+10+14+33+8+8+11+11+25+10+18+10+8+8+27+15+30+24+10+13+7+10+9+10+12+13+15+30+14+7+7+7+11+8+16+7+20+10+7+8.5+3+5+5+9+7+5+7+5+20+8+18+16.5+16+34+31+10+10+9+5+5+17+14+38+29+19+14 total: +1073.75 MES points"