Gotta love ZERO RISK in the SP500 = $$$

[Visaria]

short cl at 4555, stop 4590, small position

 

[Pricechange]

ES rally already looking tired

yea forgot..CL makes waves when they roll into the next month thats for sure

 

[der_kommissar]

ES rally already looking tired

Mostly trade Russell/IWM and options and it barely tagged yesterdays highs before stalling..SPX rallied much further...but the Russell divergences can give pretty good signals for SPX.

 

[S2007S]

Bought some ERY @ $33.00

I only went in with a 1/4 position since I DO NOT like to trade this ETF above $30, every time I have bought this ETF in the last couple of months below $30 I have made money. So this should be an interesting trade in the next few days!

 

[recession2016]

shorting this bounce like there's no tomorrow

 

[S2007S]

lol...almost every day it's the same thing...some ridiculous spike one way or the other...I think that alot of it is end of month positioning (squeezing somebody) in a big way.

Its the HIGH VIX, any vix around the mid 20s is going to cause 100-300 point daily swings!

Ill take it since I like trading these markets when they are this volatile....I didn't think though such a strong opening this morning....

 

[S2007S]

If this rally fades and goes red its going to be quite a nasty nasty close!!!!

Watching 1820 on the s&p, a drop below that and all hell breaks lose!

 

[romik]

Visaria, if I may, what's the reason to alteralter position size?

 

[Pricechange]

yea volatility is pretty hot today! I guess that means very quick in and out of what you are following

 

[S2007S]

ADDED SPXS @ $21.90

Im am just about fully loaded on my short ETFs in just one of my accounts,

LABD check $55.46
UVXY check $56.74
ERY check $33.00
SPXS check $21.90


IF the market moves up another 3-5% ill add even more shorts on, but for now I will sit quietly with these new positions