NQ down 35 points No sign of recovering in sight? is it the healthcare fiasco or the big money finally finding out that the deal maker is full of it?!
The futures are "Bloody RED"
- Thread starter Stocktracker
- Start date
.5% is "bloody red"?
are you one of marketsurfer's alt accounts? we all know this market won't go down before surf gets stopped out of his shorts
Jeeze these people with these threads must be 1 or 2 years into this......
No big deal. I sold short some options on Friday evening. Collected net 26,645.00 in premiums. Short calls and short puts and some LTCM insurance for blackswan risk 
This aint shit, you must be a new trader and missed out on the real action a few years ago.
This aint shit, you must be a new trader and missed out on the real action a few years ago.Attachments
No big deal. I sold short some options on Friday evening. Collected net 26,645.00 in premiums. Short calls and short puts and some LTCM insurance for blackswan risk
Good job! Maybe you can post screen shot of your account tomorrow after the close!
Weren't you the one who was worried about being flagged as a pattern day trader?No big deal. I sold short some options on Friday evening. Collected net 26,645.00 in premiums. Short calls and short puts and some LTCM insurance for blackswan risk
How does that work where you can sell options like that with less than 25K in your account?
Last edited:
It's mainly the U.S. dollar imo.
USD/JPY has been declining post Trump rally ever since December in which we hit a major resistance trendline...which lined up with gold bottoming and Nikkei also hitting resistance area(it has been chopping for almost 3 months now....and last week we may have finally started to get the reversal move).(However Nikkei is currently a few points before breaking key support levels) If that happens, then things can really start moving.
The thing is the U.S. dollar had a bull trap , and its showing signs of getting weaker and weaker as it made a LL and then recently a LH on a 4 hour time frame.
So in terms of global macro.... we either get
A. Bull market continues, selloff would be a headfake before we continue with trend. Bonds continue its decent from July 2016 as well as gold...
B. The correction is starting. Bonds have a huge deadcat bounce, gold continues its rally from December...Nikkei corrects, USD/JPY continues its decline, etc.....
But yeah at least for now it's not bloody red....compared to 2015 August
USD/JPY has been declining post Trump rally ever since December in which we hit a major resistance trendline...which lined up with gold bottoming and Nikkei also hitting resistance area(it has been chopping for almost 3 months now....and last week we may have finally started to get the reversal move).(However Nikkei is currently a few points before breaking key support levels) If that happens, then things can really start moving.
The thing is the U.S. dollar had a bull trap , and its showing signs of getting weaker and weaker as it made a LL and then recently a LH on a 4 hour time frame.
So in terms of global macro.... we either get
A. Bull market continues, selloff would be a headfake before we continue with trend. Bonds continue its decent from July 2016 as well as gold...
B. The correction is starting. Bonds have a huge deadcat bounce, gold continues its rally from December...Nikkei corrects, USD/JPY continues its decline, etc.....
But yeah at least for now it's not bloody red....compared to 2015 August