SPYvsGME

A Spy Trading Journal

SPYvsGME Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Plan is to take 5k margin into 75k. What could possible go wrong?

Mon 9:30 - 1k Liquid Monday Morning with 5k margin.
Tue 9:45 15m Regression Trend, Bought 1DTE Puts
Tue 12:00 - Sold Puts.
Wed 2:00 - Buy 10/1 calls & puts using illustrated R/R structure.
Plan is to sell 1/2 puts and ride a bounce to 443 by EOW.
Likely outcome, zero sum gain.

Levels are a combination of fintwits finest.

TSG nails chinas intent for Evergrande.
Dr.DJ spots imperial cruiser at 4430 gobbling up call premiums.
Croissant highlights JPM collar playing chicken with delta hedge.

My take on the next 2 days is 1-2% swings both ways.
It's high fear stare down with JPM collar EX 9/30.
ARKK is selling TSLA to cover record outflows.
JPow and band of merry men play hot potato with debt.
Could start taking on water at 425.
My plan is fuel a rocket (XLU, SPY CALLS), bring a parachute (SPY PUTS) and a life raft (UVXY collar).

Not a Financial Advisor. Not that there is anything wrong with that. Likely the worst non-advice you will read today!
Comment:
This Traders ouija board is paying the best yields of my investing career.

Considering no big accounts get liquidated.

Ouija is pointing to 2 letters. 'U' and 'P'
Comment:
Thats how you break on through to the other side.
Comment:
rejected x6.

my trade long/short is break even at 434.5 so I can see how the market can shift from one side to the other when MOC comes in sell side. 7/8 last closes almost everyone abandons buy side for sell.

tictoctic is who "Ouija" was. I don't have a clue what tomorrow brings. Ouija says bears strong. Nobody really bullish right now.

Starting to think the bots understand sentiment and perpetuate it. There is next to 0 fundamentals being traded up as there was down.

I think people are starting to realize the magnitude of long term debt and how interest rates can only rise. Nobody even realizes the cost of urban sprawl and land/energy/rates are only going to rise.

When insurance (premiums to the down side) costs more than what you are insuring (retirement) its time to re-evaluate.
Comment:
it's more about time than price. pinned right at a point in time. minions do the rest.

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