FUD vs ROIDS
Market is juiced on EPO & steroids and hasn't been drug tested yet.
Playing these contracts way out, but selling them in the same day because Powell & cronies have manipulated price discovery like the Marvel Cinematic Universe have manipulated timelines. Nobody knows what a correction feels like anymore, is money even a real thing, risk assets aren't risky anymore, a nefarious loser company is pumped one day, and good undervalued cash cow ESG biz is lambasted the next. wtf is going here...
SPX rallies a bit today, hell, might turn sour intraday on more inflation data. All I know is vol is cheap, and investors think this machine only goes up. As we head into Q4, I'm looking at this, the SPXU, SQQQ ^TNX and the ^NDX every damn day.
Playing these contracts way out, but selling them in the same day because Powell & cronies have manipulated price discovery like the Marvel Cinematic Universe have manipulated timelines. Nobody knows what a correction feels like anymore, is money even a real thing, risk assets aren't risky anymore, a nefarious loser company is pumped one day, and good undervalued cash cow ESG biz is lambasted the next. wtf is going here...
SPX rallies a bit today, hell, might turn sour intraday on more inflation data. All I know is vol is cheap, and investors think this machine only goes up. As we head into Q4, I'm looking at this, the SPXU, SQQQ ^TNX and the ^NDX every damn day.
Trade active:
Aug 6th 27 calls. 🤙🏽
Comment:
SPX rising, VIX rising, TNX tanking. The mix is getting dangerous. small caps getting crushed. hmmm
Trade active:
clear rounding bottom 🍑
Trade closed manually:
sold my calls, rolled into a couple Aug 6 28 puts. My sense is VIX will decay early next as I see a pop on Monday followed by some midday consternation again. Lost some premium on today's selloff, but noticed the VIX retreated a bit in the AH, so net net not the best timing but like I said the bulls will come back in spades on Monday. Too much liquidity in the system
Trade active:
rolled into puts, this is a bit overcooked here on delta variant FUD, the decay will crush holders here
Trade active:
look out below! $27 bucks looks like a nice fair decay on anti vaxxers