The nq futures dipped hard as the numbers came out... I'd say a lot of people are short futures already.... we will see.... if I was big I'd wanna be short the market long apple not the reverse
I can feel people think the market is gonna sell off....fade the people....haha... the spy has met resistance several times now at around 14-1500. What's the real case against a breakout... the market only makes the most sense in hindsight
There are these guys on this website power opt. Named power options... that buy wrote strategy is kinda like their holy grail.. they sell a book call the blueprint or something... I didnt buy it but I get the strategy... flattening skew helps... starting out with a flat front month skew...
umm.. maybe if you think it will go lower.. get out.. get leverage with options either by putting on a debit spread with calls to get deltas of your similar position or less.. just so you don't miss the upside if there is some.. sell a otm credit spread below the price at which you think it...
must of been expected... a run down from 720-730 to 610.. is already like 15+ percent... its funny sometimes when you expect something big to happen.. well it doesn't..