Once Debt Ceiling is Lifted SPY Will...

[atticus]

Quote from Nine_Ender:

Buddy, the positions I take on at specific times of the year are short term speculations where I risk the entire capital to aim for between 200% and 3000% return. If I have a small basket of these, it is inevitable that a few of the losers are otm and worth almost nothing on expiry week.

I doubt you have the balls for this kind of trading frankly. If you were smart, you'd understand from my post that I was well aware of the risks in my trades. This does not excuse the broker from following their own rules. They have since changed their posted rules, suggesting that numerous people have run into this exact issue at the broker.

I'd respond that you are a retard, but fear that you would take it as a compliment.

The OCC holds the strings and you didn't learn that after 3 strikes? 100% invested in a single position.. sure, that sounds like a reasonable explanation.

 

[Nine_Ender]

Quote from atticus:

I'd respond that you are a retard, but fear that you would take it as a compliment.

The OCC holds the strings and you didn't learn that after 3 strikes? 100% invested in a single position.. sure, that sounds like a reasonable explanation.

Buddy, buddy, your ignorance is quite obvious when you use terms like "retard" and post crap hoping someone out there thinks you are the "big man".

Grow up or fuck off.

 

[atticus]

Quote from Nine_Ender:

Buddy, buddy, your ignorance is quite obvious when you use terms like "retard" and post crap hoping someone out there thinks you are the "big man".

Grow up or fuck off.

They have no incentive to allow the possibility for you to go auto-ex on a long near-ATM. Your piker ass wasn't cash-secured so they dumped your degen gamble. Worse it happens 3x or more and you expect them to cover your losses because the timing wasn't right. Boo f*cking hoo. Do they get to the keep the gains on the million to one shot that you actually earn a profit?

Oxygen thief. You should star in a PSA.

 

[shortie]

Quote from shortie:

they probably did.


+3% 43 44.33%
+2% 31 31.96%
+/-1% 10 10.31%
-2% 4 4.12%
-3% 9 9.28%
Total: 97 votes 100%


the reference point is Friday close for SPY 129.33

Aug 05 SPY 130 straddle priced in 3% move by Friday BTW.

not sure what the correct reference should be here. -2% and -3% should be declared the winners i guess.

whoever voted -2% or -3% raise your hand to claim your prize!

SPY 126.70

 

[bond_trad3r]

I voted -3%. The trading day is still young ;-)

 

[shortie]

Friday close is a reasonable point of reference -2.4% right now since then. But the market was dropping the whole last week, so -3% is really the winner even if we bounce up somewhat from here.

 

[tradingjournals]

qqq at 56.59. Is a bounce around the corner?

 

[shortie]

Quote from tradingjournals:

qqq at 56.59. Is a bounce around the corner?

it's about time. i am guessing we may be done selling for this week. enough is enough!

 

[denner]

Quote from shortie:

Friday close is a reasonable point of reference -2.4% right now since then. But the market was dropping the whole last week, so -3% is really the winner even if we bounce up somewhat from here.

Could you calculate the percentage from the day you started the poll?

 

[shortie]

Quote from denner:

Could you calculate the percentage from the day you started the poll?

that would be from 133.83 (Mon July 25 Close) to 126.30 (the low so far today) almost exactly 6% :eek:

The majority was quiet stubborn about +3% from day one.

this turned out to be a nice poll. it even helped me to dampen my own enthusiasm about the market somewhat.