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Listen Almy, I posted a C&H on bitcoin months before the cup completed. My question to you is what criteria are you invalidating the C&H I posted? When it broke the cup line? When it failed? Don't make me drag you into deep TA waters when you can't swim or are a weak swimmer at best. :) Here...

I just copied the first image I found that remotely had a C&H. BUT when was it wong? At the point it failed? You should be drawing in C&H's BEFORE they have completed lol...not after. So in the screenshot that would be at C. If you don't have an understanding of Elliott Wave then you are...

Wyckoff will only get you so far...you need to know where you are in the wave count or will be left scratching your head why some c&h fail and some don't. Also, the measured move of the c&h will depend on the wave extensions. You may want to look at cyphers as they are related.

Short interest ratio should be Short squeeze duration or Short cover duration Margin should be Loan value Arbitrage/Parity should be Price imbalance Gamma squeeze is wrong...it should be Gamma dump since gamma drops as volatility spikes. Yes when volatility spikes, shorts can get trapped, and...

I backtested selling atm calls/puts daily or weekly regardless of what price I got assigned at. It actually worked out to be profitable over the last year...premium received/stock gains out performed stock losses. This is never closing the short options and taking 100% of premium.

What happens if you had just purchased the stock instead? The same thing...except at least when you sold the put you got paid for it. :) Basically selling puts is a way to get paid for being wrong.

It sounds like Elliott wave is for you if interested in statistics. :) 3 wave was quite extended, so B could be 5 making A 4....since the 5 wave can be stunted when 3 wave is extended.

Hey! I'm the Elliott wave guy around these parts! I nailed Bitcoin price 3 months out...nobody here cares. Here is a before and 3 months after split screen. Here is the original post on Mar26

GME still earning...I have a sep13 25 call that I collected $1400 opened on Aug13. It's currently up $543 but I want all of it! Btw my break even is now 25.38...I was originally assigned at 28 I think. See the system works :) P.S this isn't including the 16k I made in June...

The charts are better. Everything else is basically the same...I have used both.

A bargain is relative. Anyway if you see the link there are a lot of traders that believe this fallacy.

I don't think you are understanding the subject matter. A stock that drops from $10 to $5 can just as easily recover back to $10. The idea that it's somehow harder to recover because of the percentages is a complete fallacy.

Well you can't go in thinking it's going to work flawlessly. I was even selling atm puts knowing that the price is going to drop because I wanted the high premium. If you're underwater you can just turn around and sell some butterflies while you wait . Or just move on to another ticker. Rinse...

Wait...did D just give a price projection? :) Actually my trade was pretty simple...price typically retraces at least .38, and the MACD confirms so the timing put it @ about 17 on Aug23...hopefully it doesn't blow through the other side...but between 16.50-17.50 I profit $300-$800. The trade...

eh that sucks!

So I could straddle/strangle the fly

What a difference a few days make! Gotta love the theta crush on flies. AUG23 16/17/18 Call Butterfly Pnl @ 16.93 (open) $80.69 Pnl @ 16.93 in 3 days $730 Look at the profit window @ expiry...all you have to do is pick where price will be a week from now? Why am I not doing these every week...

I know right...would we be talking about this dude if he was trading out of his basement? Nope. Are you planning on working for an investment bank? Nope. So he has absolutely nothing to offer you. These guys aren't traders...anymore than vin diesel was in the movie boiler room. The game is...

You rolling for a credit? Otherwise I would rather take the stock.

It is too far otm I think to make it worth it...waiting for an IV pop as price retraces back up to 22...meanwhile I am buying call flies...my current one is 16/17/18 Aug23 I got for .19