guys, just go with the flow, this is a price action thread, isn’t it? Chop 2% a day, 5x a year is the target.
I assume everyone has another long term portfolio with futures exposures, always go long there.
Sell half now and sell half in jan,plow the profit back to 2023 calls.
I am in the same boat and will excise assignments to take some nvda shares next week and buy more nvda calls.
The market is likely to “crash” next week when JP opens his mouth again Wednesday. I am thinking 100 points swing. But I put a sell order for March contract at 4715, hope to get filled Sunday night. If not , I will sit on it.
It was too choppy this morning, average 6 ticks per in and out with max drawdown 7 points. I am done for the day with 28 points gain, luckily didn’t lose money.
So what is the trade?
Already hit all time high 4705 again. My target is 4750 year end but I really don’t want to put “new” risks on. the rolling date is next week.
Took my “downside deposit” back today, merely few days
I don't know where you get your news, GS donates more to republicans than to the democrats.
But as New Yorkers, no one likes Trump. The bankers prefer the establishments for sure.