Opcions Exorcised Tomorow - Warning!

[shortie]

expectin big move, probly down

SPY 134.40

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****Shortie's Public Service Announcement***
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[shortie]

30 min and it already dropped to 133.94 !!!

and it is not even Friday yet

 

[efficiency]

Quote from shortie:

expectin big move, probly down

SPY 134.40

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****Shortie's Public Service Announcement***
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Agreed. SPY's six month Bollinger width is tight as a young virgin.


ATR isn't quite as tight, that was Feb 18th, but the measure uses range rather than close and it is narrow.

Needs to break above $136.84. Not likely.

VIX is inconsequential.

NASDAQ's A/D flpped two days ago.

Summer's coming.


Probably won't commence until after calls are assigned.

 

[shortie]

backed up to 134.70

The WARNING is still in place!

I Repeat!

The WARNING is still in place!

 

[shortie]

i don't know what it is. something just does not feel right. i have this tightness in my stomach. could be just the cheesecake i ate yesterday.

i was gonna write a bunch of SLV straddles into tomorrow Expr but decided against it.

 

[shortie]

SPY -1%, VIX +10% so far. let's wait and see if we will get 5-10% drop in SPY later on today.