Gotta love ZERO RISK in the SP500 = $$$

[S2007S]

People taking their dow 1800 + point rally profits ahead of the long 3 day weekend.

You would have to be a fool not to.

 

[FireWalker]

S&P strategy for last 10 years:
Short the underlying.
Long the option.
Rebalance on Fed days.

I think some credit lines have been cut off though.

 

[volente_00]

OPEX max pain for the SPX tomorrow is around 2720 I believe. Despite this I think it might close 2700-2720 on selling pressure from long weekend profit taking by trend followers who bought in since 200 DMA. Then again, market can also just go parabolic despite OPEX. Lets see what happens.

Shorting Anything above 273 is high probability of being profitable

 

[volente_00]

Volante, why are you still shorting? I thought a close above 2704 or something and you were going to stop? We went way through that!!!

Because it is at my next resistance of 2735-2750

 

[Rickshaw Man]

Long NQ 6791.00.........stop 6763.00

 

[Visaria]

People taking their dow 1800 + point rally profits ahead of the long 3 day weekend.

You would have to be a fool not to.

yeah, so many bought right at the bottom!

I would rather be long over the weekend...

 

[Rickshaw Man]

here come the inverse H&S patterns

 

[Visaria]

long at 25190 YM

 

[S2007S]

3000 s$p predictions
Everyone is predicting 3000+ by December....they might get that by April !!! No where but up up up!

Jonathan Golub, chief U.S. equity strategist at Credit Suisse, told CNBC on Friday he expects another year double-digit stock market returns in 2018. He sees the S&P 500 reaching 3,000, or 12 percent, from where the index closed on Dec. 29, 2017.

 

[i960]

S&P strategy for last 10 years:
Short the underlying.
Long the option.
Rebalance on Fed days.

Short underlying, long call is basically a put so that strategy couldn't have done too well over the last 10 years.