Today...Thursday 9:52 am Pacific Dow down .42% Nasdaq 2.17%...What I think it tells me

Discussion in 'Stocks' started by Cabin111, Sep 1, 2022.

  1. destriero

    destriero


    I'm long 4K SPX deltas.
     
    #11     Sep 1, 2022
  2. Sekiyo

    Sekiyo

    Biotech / Healthcare
    Got 3 of them, they ain’t doing bad.
    I don’t like to be invested in reactionary indexes,
    But I am trying to profit from a potential short term bounce.

    It’s a sucker game to anticipate,
    Right now the dynamics is downward,
    But I like the idea of a short term bounce.

    7C97AAB6-C090-4B2F-B41D-16FBCB5AF1C4.jpeg

    Still think ES goes to 3k (3rd leg)
    But who knows ?! Day after day.

    Stay safe.
     
    Last edited: Sep 1, 2022
    #12     Sep 1, 2022
  3. Markits will tern when Fehdural Ruzerve sterts pumpin' agin!
     
    #13     Sep 1, 2022
    Sekiyo likes this.
  4. 2025
     
    #14     Sep 1, 2022
  5. Overnight

    Overnight

    I am going to assume ye be bullish, in my banal understanding of options. Yay, go bulls!
     
    #15     Sep 1, 2022
    Sekiyo likes this.
  6. ET180

    ET180

    Unless he's also short an equivalent amount of ndx deltas. I suspect that's not his full book.
     
    #16     Sep 1, 2022
  7. Overnight

    Overnight

    That is assuming the NDX and SPX track the same amount of movement. I would not think that is a hedge he would attempt because it would not make sense going into a NFP, and then the Fed decision in 2-3 weeks.
     
    #17     Sep 1, 2022
  8. maxinger

    maxinger

    sadly, the day range is decaying.

    date, NQ day range

    26 aug, 660 points
    29 aug, 200 points
    30 aug, 400 points
    31 aug, 230 points
    1 aug, 280 points

    day traders like huge day ranges.
     
    #18     Sep 1, 2022
  9. Overnight

    Overnight

    Max, are you sick in the head? Those are great ranges, every single day.

    Don't make me make you pull up 2017 ranges! Be grateful for what you got now!

    And there is a 100% guarantee that tomorrow's NQ range will be more than 300 points. Bank that one, dude.
     
    #19     Sep 1, 2022
  10. maxinger

    maxinger

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    #20     Sep 1, 2022