Well, while I thought we would close at 108 or 109, that might not happen now. But, I still think that we will close above 107 spy, as there is a whole lot of open interest at that level on the put side… that they don't want to pay out on of course.
I added more positions this morning but wanted to do it at yesterday's close but became fearful and mesmerized by that last hour push. Jaywiz was right about the close but not about an early morning bounce this morning. But he's been more accurate than anyone the past few months so I can't diss him. Anthony Allyn has been spot on the last few weeks I have been following him although I think he's calling for a bounce into the close (which could materialize). He had another funny annotation to his charts earlier: Steve Jobs press conference bullish LOL! >>>>with an arrow directed to the chart when Jobs spoke.
no idea how this will close, but it is possible it will drop hard…spx down 50-60, so to play a lottery ticket i bought 110 115 puts on amzn. cost $220, but could be fun; if not i will try and get 110 back around 3:45
Well, while I thought we would close at 108 or 109, that might not happen now. But, I still think that we will close above 107 spy, as there is a whole lot of open interest at that level on the put side… that they don't want to pay out on of course.
I added more positions this morning but wanted to do it at yesterday's close but became fearful and mesmerized by that last hour push. Jaywiz was right about the close but not about an early morning bounce this morning. But he's been more accurate than anyone the past few months so I can't diss him.
Anthony Allyn has been spot on the last few weeks I have been following him although I think he's calling for a bounce into the close (which could materialize). He had another funny annotation to his charts earlier: Steve Jobs press conference bullish LOL! >>>>with an arrow directed to the chart when Jobs spoke.
it a spread you buy 1 strike sell 2 middle and buy 1 protection looks like ___/___ a butterfly 🙂
Feels so good thank you 😉
no idea how this will close, but it is possible it will drop hard…spx down 50-60, so to play a lottery ticket i bought 110 115 puts on amzn. cost $220, but could be fun; if not i will try and get 110 back around 3:45
This is about where the Neelyites took a little bite long on May 6.
Congrats! Almost a 10 bagger!
What's a butterfly?
Bought the google butterfly for .90 just sold for 8.80 per contract 🙂
I went to elementary school in Madison. 😉 4th grade. 😀