Well, it held my purple line after all.
My best guess is that MFI gets oversold Monday (futures still trade during the holidays, though not during market hours), and they pump futures either Tuesday or Wed when it breaks the green line.
Went lightly into GM calls, hedging with MSTR puts in case BTC tanks again, lol.
Looks like the futures gap will fill next week, bullish until the gap fill. Also oil is dropping so that's bullish for transport
My best guess is that MFI gets oversold Monday (futures still trade during the holidays, though not during market hours), and they pump futures either Tuesday or Wed when it breaks the green line.
Went lightly into GM calls, hedging with MSTR puts in case BTC tanks again, lol.
Looks like the futures gap will fill next week, bullish until the gap fill. Also oil is dropping so that's bullish for transport
Comment:
LOL, even for the day now because of that stupid EOD pop on MSTR. Like I said, bad day to daytrade, I should listen to myself.
Held the MSTR puts though, I still think BTC falls below 20k this weekend. Just a couple, so no big deal either way
Held the MSTR puts though, I still think BTC falls below 20k this weekend. Just a couple, so no big deal either way
That company is bankrupt. Short covering is the only thing holding it up right now.