Buying some puts here at gap resistance, it will be a short term trade (1 - 3 days).
With the market melting up and people putting money back into their 401k, I'm not taking any big short positions for a while. Looks at all the companies that reported crap earnings.... right back to where they were pre-earnings as if China is their main problem...
This is not a sure bet by any means until the market stops melting up.
With the market melting up and people putting money back into their 401k, I'm not taking any big short positions for a while. Looks at all the companies that reported crap earnings.... right back to where they were pre-earnings as if China is their main problem...
This is not a sure bet by any means until the market stops melting up.
Note
Would've been better off buying SPY puts, lol. Probably going to close this tomorrow.Trade closed manually
Flipped the puts after open, figured the market was going to close the gap.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.