expectin big move, probly down SPY 134.40 ************************************* ****Shortie's Public Service Announcement*** *************************************
Agreed. SPY's six month Bollinger width is tight as a young virgin. ATR isn't quite as tight, that was Feb 18th, but the measure uses range rather than close and it is narrow. Needs to break above $136.84. Not likely. VIX is inconsequential. NASDAQ's A/D flpped two days ago. Summer's coming. Probably won't commence until after calls are assigned.
i don't know what it is. something just does not feel right. i have this tightness in my stomach. could be just the cheesecake i ate yesterday. i was gonna write a bunch of SLV straddles into tomorrow Expr but decided against it.