What the heck just happened

[Kicking]

got my ass out even of GOOG as well at 294 playing the 5 min breakout just before it collapsed at 1:30 with the market !!! so much for fear of missing out on a bigger move to 300 , take what the market gives you and be happy

 

[stock777]

Yeah, I sold everything within 1 cent of the highs, and went 200% short too. Timing is everything.

 

[Businessman]

Some one will get fined by CBOE today.

Trades were outside the bust range for sure.

 

[FuturesTrader71]

Just got done speaking with VP of Investigations. The trades will stand. The bust range for the YM is 250 points. This move didn't go far enough.

I hope nobody here got eliminated by this event.

 

[ssternlight]

Having a fixed range for something like this seems a bit arbitrary.

It makes me think of what happened with the FTSE options at expiry as well.

Lots of games...

 

[Samson77]

Quote from FuturesTrader71:

Just got done speaking with VP of Investigations. The trades will stand. The bust range for the YM is 250 points. This move didn't go far enough.

I hope nobody here got eliminated by this event.

Are you sure ?

They have to bust them this is ridiculas !

I was short but still this is very very disturbing!

 

[Learner]

Quote from 40yotrader:

It's about time...

I have been waiting for this drop from Monday, GOT IT IN FULL today! YM.

 

[stock777]

Quote from Samson77:

Are you sure ?

They have to bust them this is ridiculas !

I was short but still this is very very disturbing!

Everyone was short, there was one guy named Leroy that was long.

Thus, no breaks.

 

[Samson77]

Quote from stock777:

Everyone was short, there was one guy named Leroy that was long.

Thus, no breaks.

LOL

Funny thing is if I had more contracts on at the time I may have taken some off down there then what would have happened if they busted them and the market reveresed?

All this stuff just makes trading very untrustworthy and bad for everyone imo.

 

[Kicking]

RFLMAO who is Leroy ?