Another one I missed. Thankfully @Maverick2608 brought it up in the other thread. We keep that one a little more professional. No Stoney Youtubes of worthless information allowed.
Think the powers that be will close the S&P tomorrow at 4800 on the nose? I bet they do. Someone told me the other day that my thoughts on how the algo's work was all hogwash. Yeah right. All things being equal, ie no unforeseen wrenches in the works, they know exactly where they'll close the SPY and QQQ every day. And when the vix is low... 1 or 2 days ahead. At least the following day for sure. And of course the monthly opex's... they probably have that one figured out 2 days prior. Maybe one if things are volatile. You can't tell me otherwise. Everything in between is noise.
ALT $12 and $13 calls are trading like news will be released by Jan 19. You get the same feeling? It’s been a Reddit darling since Summer, lots of good posts written on it.
I poured over that thing last night. All the SEC stuff. I was gonna short it, and decided against it. Glad I did.
Ya know the other day, the Jan 2025 $40 calls were $1.20. and I saw a 200 contract block hit at the ask... The stock is only up $1+/- and yet those things are $2.20 on the ask now. How often do you see that? A friggin' $30 out of the money call option on a $10 stock doubles off a $1 move in the underlying?!! You never see that. Yeah... this one is either going to the moon, or it's going to zero.
What do you guys think about a short in coin? Offcourse wild guess, but i thought it probably will hit 190/191 tomorrow (eoy) which could be a short entry.(Only entry short in higher part of daily candle)