ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from volente_00:

Me thinks DEMTDAYBOYZ are setting a trap.


Suck them shorties in and gap fill is high probability.

lots of index option pressure on the market today... some of those otm puts are now atm or itm... dash for the cash to capture premium this morning before it slips away. bonfire tinder exists beneath these indexes right here with put-options inflation
 
Quote from tortoise:

volente -- what's the open interest telling you?


110 - 115 still



high probability to touch 1098 min sometime today and a chance at gap fill


I'd be very surprised if stays much under 110 for oe.



Very high probability that spy is above 109.3 for oe.
 
Quote from volente_00:

110 - 115 still



high probability to touch 1098 min sometime today and a chance at gap fill


I'd be very surprised if stays much under 110 for oe.



Very high probability that spy is above 109.3 for oe.

i'm seeing hints of a reversal here, but we are in no man's land ...
 
Quote from volente_00:

Interesting considering the actual total contract value is less than $55000 right now.

That's why I said he was underleveraged. As Austin pointed out, if his profit target gets hit, that is still just 1 point with 4-8 contracts on a supposedly huge account, so not exactly a big day. But the risk can be 5-10K as May 6th already showed. (although on that day he took a 20 pts or so profit, not the usual 1)
 
Quote from tortoise:

i'm seeing hints of a reversal here, but we are in no man's land ...

at 9:35am when the CBOE opens, a lot of new wealth in otherwise dead puts yesterday will be serious upside pressure. temporary as it may be
 
Status
Not open for further replies.
Back
Top