Fed Day and Quarter End F-U-C-K-E-R-Y - Be Safe Short

TVC:NDQ60

US 100 IndexTVC

Description

⋅ Jun 22, 2021 4:43 PM

I would not be surprised to see a hard fade of this resistance resulting in a false breakout on the NDX

(Opinion Only)

Comment

⋅ Jun 22, 2021 4:58 PM

Let the fire-fight begin.

Comments

QUANDRANTS

⋅ Jun 22, 2021 4:59 PM

nice call. looking closely at NDX today during Powell's testimony. Selling 1/2 my calls prior, rolling into a VIX spread

StockPickingEnthusiast

⋅ Jun 22, 2021 5:02 PM

@moveforward01, If already nicely in the green on those calls just a suggestion but you could sell some further OTM calls against them and potentially an earlier expiration to turn them into calendar spreads. (not investment advice - it's just what I would do).