Hi guys, this is my first post on Tradingview. My name is marvin, i am a beginner option trader that is on the road to become one of the legend on wallstreetbets. Feel free to likes and comment.*Pause for effect* Share a slice of your knowledge and allow us to thrive together.Thank you and good luck to all.
this is my basic opinion of my trade for spy on thursday market. There are multiple new high COVID-19 cases happening across our country. i don't think people are aware of the seriousness, that a second wave is undoubtedly coming and very soon. Also the uncertainly between China and India relations have casted a dark cloud over the international markets as well.
Do trade within your own risk tolerance, HIGH RISK HIGH REWARD. LETS GO BEARRRRRR
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still holding, jun 18 traded sideway
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dropped slightly throughout the day close red on Friday jun 19 expecting a red opening on Monday.
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jun 24 going sideway..... Closing trade. Second wave is real !! As a lot of states worsen, NY is the only one that are still in good shape, that due to NY is the last state to reopen. i suspect in a week or 2, we can see a major spike in new COVID cases and a major sale off might happen. Tread carefully fellow traders.