Pfffft volatility whats that? its been so long since i saw it i forgot what it is. lol ES had a 3 point range from 11:00 on, VIX is going to zero. pretty soon charts will just be a dot where buyers and sellers agree on the price before market open, and it doesnt move.
True to form, you're posting about low volatility, I'm looking at a green monster. I really do love this thread.
LOL, tough to brag about how im killing it in the volatility 3 point ES ranges when im up 120 bucks this week.
Yes, I am holding overnight. TSLA has earnings tomorrow after the close. Not sure yet if I will hold into earnings though.
Alot of shitty traders are going to pay the price tomorrow if DRYS gets over 2, i flattened today cause i got so big where i knew the move was, this one is not for the faint of heart but if you can read the L2 and your good at getting in/out with size DRYS could go to 3 bucks tomorrow easily. Alot of bad traders think they are just brilliant cause they repeatedly short every single pop on DRYS with massive size and it always goes down, one of these days they are going to pay the piper like they did when it went to over 100 bucks a share. Im looking at it as a play over 2..... if you decide to do this tomorrow, just realise this is a total dogshit company, its simply a trading vehicle, dont go down with the Dryships.
Its hard for me to say anything cause you crushed TSLA, and i never even would have held this long, but if you do hold in too earnings go in with a plan, we all know the earnings will be dogshit its just a matter of whether or not they are able to spin it and jam it up, ive been caught on TSLA earnings lots thinking this is total crap it has to go down, then it goes up like 50 bucks lol.
Looks golden to me, I cant see AAPL puuting in a huge breakout bar tomorrow, its just a matter of how far it wants to squeeze people before it fails. The way im thinking about it, in order to think AAPL is going to put in a big up day tomorrow you have to believe the QQQ's or the NQ are going up huge tomorrow, and its not going to happen.
Same thing for naked put selling, aggressive long gold futures pyramiding, longer-term VIX shorting. it all goes well for a long time, until it doesn't and all profits and then some, are given back