ES Journal - 2019/2020

[IB_Dude]

Cool. Can't wait to get more into learning about options / volatility studies. That subject matter is so interesting.

It's really fascinating.

 

[FriskyCat]

Could you elaborate further FC?

Would love to hear more in detail what you are pointing to.

Was a move of big magnitude but so was the move before it so just trying to understand.

Nothing real specific. I probably misinterpreted IB Dude's post since it seems he was pointing to some specific anomaly.

The general jist is that post Feb swoon, even with this mega one way rally, vols stay elevated and I think the deep, deep OTM strikes on the put side can and will stay well bid even while the squeeze or bull leg persists. Nothing groundbreaking as it pertains to my generic observation.

 

[Whynottrade]

Betting on next week being positive, writing puts against this swoon

 

[EON Kid]

Long 3082.25 stop 3078.5

 

[EON Kid]

APPLE TO CLOSE SOME US STORES AGAIN DUE TO COVID-19 SPIKES. $AAPL

 

[EON Kid]

Long 3082.25 stop 3078.5

Exit 1/2 3094.5 +12 stop to BE

 

[Buy1Sell2]

APPLE TO CLOSE SOME US STORES AGAIN DUE TO COVID-19 SPIKES. $AAPL

Idiots.

 

[Hooti]

Lumber futures have jumped 12.5% in the last 5 days. Why?
Seasonality is always priced in, and I don't think we've had any hurricanes this week.
Residential construction is picking up. Its a good tell.
We're going higher.

Fires/forest fires might have a little to do with it.
https://wildlandfire.az.gov/wildfire-news
The map shows a lot of fires going on for the whole nation...
I live between Tucson and Phoenix. Tucson has a major blaze, so does Phoenix. You can see the glow at night. There was a small fire 6 miles from my house. Irrigated fields between it an me, so not a threat to my home.

 

[EON Kid]

Idiots.

opportunity in the chaos, if we get a V reversal here - NQ is going to ATH's

 

[Whynottrade]

opportunity in the chaos, if we get a V reversal here - NQ is going to ATH's

I think this is more likely than not