Still long those puts?
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Still long those puts?
Fed just announced a .010% rate cut
I saw them down 142 around 10:30 last night, I then woke up in the early morning hours and saw them recover more than 1/2 those losses. I thought the dow was going to open down over 200 points, it didn't, however this early morning selloff is looking fantastic. Loving the volatility, just sold some SPXS at $19.91 and bought some SPXL for the afternoon rally....in around $86.30.
Should be a good day overall, especially with this volatility, the more the better. Looking for a dip buying rally into the afternoon, SPXL now in the green for me
Just sold SPXL @$87.32
That was easy!
Im sure by the close of tomorrow it will be back above $90....
Thats why volatility needs to stay, makes for great trading!
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WELL OFF THE LOWS CRY'S CBNC......same thing over and over and over.
anything to keep their "huge" audience watching......
So one sided...thats why I can't wait for the collapse, Im going to watch cnbc every day at that point and see how they react when the markets fall 15% in a couple of months....
which ones? I have lots of positions in my account. IWM? Yes and I am also long TZA which is 3x short IWM.
Long TZA as well, waiting for $13+ to sell, could happen quick once the russel finally starts to fall....
Back in JDST at $10.40, gold in rally mode today up over $20 so I figure I would pick up a small amount of JDST under $10.50 and sell it once again above $12 sometime next week, worked for me last time so I figure why not go at it again....very volatile gold etf though, can easily move 10-20% a day! Today its down almost 15%.