Honda, standby for personal attack.................
Urgent Message From Rennick
- Thread starter William Rennick
- Start date
That's great for him...I just would appreciate if he were honest with how much he's losing.
Why don't you quit crying kid?
FRI. 7/20 1:20 pm Dow-155
OK guys I just recieved the afternoon signal which was NEGATIVE calling for further WEAK Market action this afternoon. I mentioned earlier that I don't like to trade on option ex Fridays.
After getting that afternoon WEAK signal I said what the hell, I'm bored anyway. Sooo I've just Cowboyed up and placed a trade with only 1 k for 85 contracts of the july 50 qqq puts which expire today. I paid 11 cents ea, or 11 bucks per contract, dirt cheap (they have zero time premium as they expire after the close. Anyway this is a high risk trade, really a gamble. The payoff can be big if my signal is right. So let me summarize:
I JUST LAID A GRAND DOWN THAT THE MARKET WILL SELLOFF FURTHER FROM THESE LEVELS . SHE"S DOWN 160 RIGHT NOW ,SO I WANT TO SEE IT DUMP BIGGER THAN ANYTHING THATS EVER COME OUT OF TED DAVIDS ASS.
Stu Rennick Unger out
ps. EDIT The averages have moved up and I just bought 1 k more of the july 50's at 4 cents each, or 4 bucks. This adds 250 contracts to the 85 I bought at higher levels. So I now own 335 july 50 qqq puts at a cost of 2 k. That is it, no more after this. I'll be in the trading Bunker flipping over salt shakers to get the market moving my way. CMON DOW -300 plus BABY!!! (dow is now down 131)
OK guys I just recieved the afternoon signal which was NEGATIVE calling for further WEAK Market action this afternoon. I mentioned earlier that I don't like to trade on option ex Fridays.
After getting that afternoon WEAK signal I said what the hell, I'm bored anyway. Sooo I've just Cowboyed up and placed a trade with only 1 k for 85 contracts of the july 50 qqq puts which expire today. I paid 11 cents ea, or 11 bucks per contract, dirt cheap (they have zero time premium as they expire after the close. Anyway this is a high risk trade, really a gamble. The payoff can be big if my signal is right. So let me summarize:
I JUST LAID A GRAND DOWN THAT THE MARKET WILL SELLOFF FURTHER FROM THESE LEVELS . SHE"S DOWN 160 RIGHT NOW ,SO I WANT TO SEE IT DUMP BIGGER THAN ANYTHING THATS EVER COME OUT OF TED DAVIDS ASS.
Stu Rennick Unger out
ps. EDIT The averages have moved up and I just bought 1 k more of the july 50's at 4 cents each, or 4 bucks. This adds 250 contracts to the 85 I bought at higher levels. So I now own 335 july 50 qqq puts at a cost of 2 k. That is it, no more after this. I'll be in the trading Bunker flipping over salt shakers to get the market moving my way. CMON DOW -300 plus BABY!!! (dow is now down 131)
48 pages in just one day
is that record?
is that record?
Quote from William Rennick:
FRI. 7/20 1:20 pm Dow-155
OK guys I just recieved the afternoon signal which was NEGATIVE calling for further WEAK Market action this afternoon. I mentioned earlier that I don't like to trade on option ex Fridays.
After getting that afternoon WEAK signal I said what the hell, I'm bored anyway. Sooo I've just Cowboyed up and placed a trade with only 1 k for 85 contracts of the july 50 qqq puts which expire today. I paid 11 cents ea, or 11 bucks per contract, dirt cheap (they have zero time premium as they expire after the close. Anyway this is a high risk trade, really a gamble. The payoff can be big if my signal is right. So let me summarize:
I JUST LAID A GRAND DOWN THAT THE MARKET WILL SELLOFF FURTHER FROM THESE LEVELS . SHE"S DOWN 160 RIGHT NOW ,SO I WANT TO SEE IT DUMP BIGGER THAN ANYTHING THATS EVER COME OUT OF TED DAVIDS ASS.
Stu Rennick Unger out
ps. EDIT The averages have moved up and I just bought 1 k more of the july 50's at 4 cents each, or 4 bucks. This adds 250 contracts to the 85 I bought at higher levels. So I now own 335 july 50 qqq puts at a cost of 2 k. That is it, no more after this. I'll be in the trading Bunker flipping over salt shakers to get the market moving my way. CMON DOW -300 plus BABY!!! (dow is now down 131)
Might be time to sell the truck and just have the 5th wheel to live in.
Dow- 117, This is the countertrend I should have waited for. They like swinging the prices towards the close. Get em cheaper, then they lay into a pile at next to zero. I just hope it's a sell program that they have racked up into the close.
I would not be shocked to see a sell program in last 50 minutes
if the money guys want the dow to close down 200 points they'll get it.
those money guys are the guys my signal tracks. The problem is that on options ex days they are sometimes a different set of money guys,,,the option gorillas out of chicago.
ps. there is a third scenario for the close which is the most likely.... FLAT.... this scenario is designed to screw all options players as they try to close as close to a strike price as possible.
Quote from SiSePuede!:
Says the guy who can't even use the correct "your" when it's called for.
"Says the guy who can't even use the correct "too" when it's called for."
Quote from SiSePuede!:
Did you forget to say something about how you weren't in a war and live in an RV. For a guy who is to dumb to point out Korea on a map you sure are ballsy to pretend you've been there.