I'm going to sell part off my position (1/3 probably), and let the rest ride into OPX. Next week could get real ugly, if some bad news is released over the weekend.
So, I'll take some profits just in case they try to rally it on Bullish Monday, and Bullish OPX week. But, I really don't think the will. I see more selling next week.
On Monday morning of this week, there was a fake print of 114.21 at 9:10 am. We just hit it and are now bouncing back up from it. The next fake print is at 113.52, with only one print of it showing up right at the close of the day (4:00 pm EST).
But, there are a total of 4 fake prints at 111.30 in the afterhours session. I think that is our downside target, with a bounce at 113.52 up next.
Thanks a lot Sundancer.
Just a little, LOL. I can recoup at 1150.
I'm going to sell part off my position (1/3 probably), and let the rest ride into OPX. Next week could get real ugly, if some bad news is released over the weekend.
So, I'll take some profits just in case they try to rally it on Bullish Monday, and Bullish OPX week. But, I really don't think the will. I see more selling next week.
I am getting rid of may puts and half of may vix calls at 1113.20 and keeping my june puts.
Red ,
iam having trouble setting my stops. typical.
i f spy hits 111 are you selling or are you holding through opex. iam torn over this.
Muchisimas gracias.
Should Red Containment break on the 60 min. then back to Red Containment on the 120 min
http://www.flickr.com/photos/47091634@N04/46059…
so far seems to be holding at containment.
Rip, I hope you're not long now?
On Monday morning of this week, there was a fake print of 114.21 at 9:10 am. We just hit it and are now bouncing back up from it. The next fake print is at 113.52, with only one print of it showing up right at the close of the day (4:00 pm EST).
But, there are a total of 4 fake prints at 111.30 in the afterhours session. I think that is our downside target, with a bounce at 113.52 up next.