MOMO and FOMO have to be broken...watch the volume ...that is key...everything else is a circle jerk and churning out the gamma and theta of long option positions....get to net credit spreads, bear put, bear call, or if bullish, then the inverse. Learn the game you are playing. Theta is working against you, put her in your court.
Anon, we are along way from THE DEAD CAT BOUNCE!!! Markets are still at record high levels even with this pullback, so I'm very cautious and have been getting some pretty good profits off some PUT positions and CALL positions too. Not saying a crash won't happen because I have been thinking it would crash for over a month and nothing major has happened yet, so until then its much easier to wait until a stock pulls back and cash in on a quick CALL position, or if you have a quick trigger finger to catch a quick fall PUT position too. Volatility is an options traders best friend, and can make money if the markets go up or down. Don't think when the crash comes and we get a DEAD CAT BOUNCE that I won't be ready to RIDE IT DOWN!!!
Muppets unite... selling isn't done yet...watch your heads on the dead cats
MOMO and FOMO have to be broken...watch the volume ...that is key...everything else is a circle jerk and churning out the gamma and theta of long option positions....get to net credit spreads, bear put, bear call, or if bullish, then the inverse. Learn the game you are playing. Theta is working against you, put her in your court.
Anon, we are along way from THE DEAD CAT BOUNCE!!! Markets are still at record high levels even with this pullback, so I'm very cautious and have been getting some pretty good profits off some PUT positions and CALL positions too. Not saying a crash won't happen because I have been thinking it would crash for over a month and nothing major has happened yet, so until then its much easier to wait until a stock pulls back and cash in on a quick CALL position, or if you have a quick trigger finger to catch a quick fall PUT position too. Volatility is an options traders best friend, and can make money if the markets go up or down. Don't think when the crash comes and we get a DEAD CAT BOUNCE that I won't be ready to RIDE IT DOWN!!!
Same in Silver: Expecting a rallye soon. Maybe down to about 22.5, than up and away.
When I look at the chart of the silver...I doubt it. We are going to 19$
Nearly 22,50. Now we will see.
On my watchlist again: Coffee. Am expecting to start a rallye /soon/ till the end of the year.
"There is panic among many of the rich and famous."
https://www.zerohedge.com/political/new-jeffrey-epstein-flight-log-subpoena-reveal-every-passenger-lolita-express
Democrats, Comey, and others at the FBI might be a little nervous.
https://www.zerohedge.com/political/fbi-agent-who-discovered-hillarys-emails-weiner-laptop-claims-he-was-told-erase-computer
>>> It seems that some dust will be stirred up before the election.
>>> Seems EUR/USD stopps fallin'. Needs to rise above 1.1720 now.