When goes oversold, buy some calls in whatever moves with . I liked AAPL and SQ but both are overdone now. MSFT might be better than AAPL now.
Of course the other obvious play is to buy index calls, SPY or QQQ .
But that's for next week.... hopefully the algo sell into Monday and we get a repeat of this week. Easy play to buy calls on Monday when goes oversold.... for Ponzi Tuesday.
Cleared out all of plays for this week, a little profit. Not my best week, but can't complain as long as I make money. Yesterday threw me for a loop, bet on some wrongs stocks (some went up and some tanked), also got hosed by DDOG .
I'm expecting a light afternoon selloff, maybe try some puts on something after lunch.
RGR puts look like a good idea, chart pattern indicates a drop before earnings.
The end of the day action looks bullish but we've all been fooled by that crap. Mostly cash for the long weekend, have a nice weekend.
We'll see what it does tonight.
... and absolutely ignore the price. Options trading is about movement direction, as long as you get the direction correct you make money. Look at TSLA, lol.
Stop by any time. Maybe you'll learn to read futures charts. That open ES1 gap from Monday afternoon had to fill, and ES1 was oversold on my chart so it had to go up. Your trolling is a buy signal.