Don't Short Yet Long

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Mar 27, 2024 11:31 AM

Yesterday offered a retest after a break of all time highs. As long as we hold this level, hold off on shorts. I'm looking to grab SPX 4250C for Friday. I'll take an early entry and lock in a fast 40%. Nice Play. Nice Day.

Comments

NeonLight

⋅ Mar 27, 2024 12:12 PM

Shorts it is

DarioRuff

⋅ Mar 27, 2024 10:56 PM

@NeonLight how much money you loss? 😂

kingjtimothy

⋅ Mar 27, 2024 11:53 PM

@DarioRuff, I’m sure he’ll never say. :)

kingjtimothy

⋅ Mar 29, 2024 2:31 PM

I hope you didn’t swing calls over the holiday.

NeonLight

⋅ Mar 29, 2024 2:32 PM

@kingjtimothy didn’t lose a penny, properly hedged with credit spreads each way

busraeastcoast

⋅ Mar 28, 2024 10:51 AM

market close on Friday do not get too excited:)

kingjtimothy

⋅ Mar 28, 2024 10:46 PM

@busraeastcoast, good catch! Thank you.