Posts Tagged ‘options expiration’
Another Day In Nutsville
Market still tweaking lower. I’m bearish with SPX holding below the 700 mark. I’m shocked we haven’t capitulated already with the market on a rickety balance beam down here. I didn’t sell any of my gold despite the nice pop on the open. I just added some March GLD 90 calls actually. Gold should be …
History Is Being Made Here Folks
My head like every trader’s head is still reeling from the moves we have had every day this week. Today I saw the largest range and largest one day move in terms of points in the RUT ever to have occurred – it may be in percentage too, but I’m not going to go research …
A Huge Market Move
Well the indexes continued to move higher and significantly so today for my two favorites – the NDX and RUT. 1.5% for NDX and 4.5% for the RUT. The RUT / small caps continue to exhibit strength over other indexes. I didn’t participate in it though today because I thought we might selloff. Wrong. The …
Betting On A Rebound For Next Week
I did what I said I was going to do. Went heavily long the leveraged funds for the indexes NDX and RUT. I also bought the leveraged ETF’s UWM and QLD. Outside of that I also have my ICE call options. There is going to be some sick option activity next week. This long trade …
