US Equity Market 2022 Timeline based on the 1-day chart 730SMA TTC - trend channel to get a very accurate trajectory over time. Plus, tickerTracker - MFI Oscillator set to 45 with VTI, DIA, SPY, QQQ and IWM.
LEAPS 1/21
FOMC 1/26
MONTHLY 2/18
FOMC 3/16
QUAD WITCHING 3/18
FOMC 4/27
FOMC 6/16
QUAD WITCHING 6/17
FOMC 7/27
QUAD WITCHING 9/16
FOMC 9/21
FOMC 10/1
FOMC 12/14
QUAD WITCHING 12/16
LEAPS 1/20/2023
Holiday Market Closed:
1/17
2/21
4/15
5/30
6/20
7/4
9/5
11/24
11/25 1pm
12/26
1/2/2023
1/16/2023
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/
LEAPS 1/21
FOMC 1/26
MONTHLY 2/18
FOMC 3/16
QUAD WITCHING 3/18
FOMC 4/27
FOMC 6/16
QUAD WITCHING 6/17
FOMC 7/27
QUAD WITCHING 9/16
FOMC 9/21
FOMC 10/1
FOMC 12/14
QUAD WITCHING 12/16
LEAPS 1/20/2023
Holiday Market Closed:
1/17
2/21
4/15
5/30
6/20
7/4
9/5
11/24
11/25 1pm
12/26
1/2/2023
1/16/2023
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/
Comment:
$218 is a major support zone.
Comment:
*options use 100x leverage you could lose everything*
There are many types of options trading strategies and positions, simple to sophisticated & hybrids. I group them into theta, delta or mix strategies and bull, bear or neutral positions. There's a buy side and sell side to every trade. If you check the open interest (OI), you can see how liquid it is. Check how wide the bid vs ask spread is.
Theta:
iron condor
iron fly
covered call
cash secured put
calendar spread
collar
Delta:
call
put
straddle
strangle
debit spread
credit spread
Bull:
call
put credit spread
call debit spread
cash secured put
Bear:
put
call credit spread
put debit spread
covered call
Neutral:
straddle
strangle
iron condor
iron fly
collar (often used for downside insurance)
calendar spread (short or long time)
Options important variables:
Strike = share price
itm, atm, otm = strike position
Expiry = Date of expiration
Value = H, L & Mark
Liquidity = bid vs ask spread
Direction = put or call
OI = open interest
V = volume
CP = chance of profit
IV = implied volatility
Delta = price
Theta = time
Vega = volatility
Gamma = momentum
There are many types of options trading strategies and positions, simple to sophisticated & hybrids. I group them into theta, delta or mix strategies and bull, bear or neutral positions. There's a buy side and sell side to every trade. If you check the open interest (OI), you can see how liquid it is. Check how wide the bid vs ask spread is.
Theta:
iron condor
iron fly
covered call
cash secured put
calendar spread
collar
Delta:
call
put
straddle
strangle
debit spread
credit spread
Bull:
call
put credit spread
call debit spread
cash secured put
Bear:
put
call credit spread
put debit spread
covered call
Neutral:
straddle
strangle
iron condor
iron fly
collar (often used for downside insurance)
calendar spread (short or long time)
Options important variables:
Strike = share price
itm, atm, otm = strike position
Expiry = Date of expiration
Value = H, L & Mark
Liquidity = bid vs ask spread
Direction = put or call
OI = open interest
V = volume
CP = chance of profit
IV = implied volatility
Delta = price
Theta = time
Vega = volatility
Gamma = momentum
Comment:
Don't forget the market is closed on Monday.
Comment:
One of many options hybrid ideas:
sell $240 otm LEAPS call 1/16/2023
buy $220 atm LEAPS call 1/16/2023
buy $220 atm put 3/18
sell $205 otm put 3/18
Until the dust settles and opportunity presents itself.
sell $240 otm LEAPS call 1/16/2023
buy $220 atm LEAPS call 1/16/2023
buy $220 atm put 3/18
sell $205 otm put 3/18
Until the dust settles and opportunity presents itself.
Comment:
The first markets to open on New York Sunday are the Asian markets (including Australia and New Zealand), which trade between 18:00–04:00 ET. Hang Seng 9:30pmET open. Europe opens at 3amET and trades until 9:30amET Monday. US markets closed for Presidents day. Futures normally open at 6pmET on Sunday.
Comment:
Futures Nasdaq -1%, SP500 -1/2% & Dow -1/3% currently no big surprise there.
Comment:
Peeking Futures:
Nikkei 225
Euro Stoxx 50
FTSE 100
DAX
Nasdaq 100
S&P 500
Dow Jones
China A50
Hang Seng
S&P 500 VIX
Crude Oil WTI
XAU/USD
EUR/USD
GBP/USD
XAG/USD
Nikkei 225
Euro Stoxx 50
FTSE 100
DAX
Nasdaq 100
S&P 500
Dow Jones
China A50
Hang Seng
S&P 500 VIX
Crude Oil WTI
XAU/USD
EUR/USD
GBP/USD
XAG/USD
Comment:
Futures swing + green now. lol
Comment:
Nice. Positive Geopolitical news flashed across the Bloomberg terminal. Macron facilitating Biden & Putin summit agreed by both parties.
Comment:
Futures back negative on schizophrenic whipsaw. lol
Comment:
Looks like the Market will be:
red Tuesday
green Wednesday
green Thursday
red Friday
Ending up market closing up for the weekly candlestick after all the intraday volatility.
red Tuesday
green Wednesday
green Thursday
red Friday
Ending up market closing up for the weekly candlestick after all the intraday volatility.
Comment:
Futures tonight:
Nasdaq 100 -2.5%
S&P 500 -1.9%
Dow Jones -1.65%
Nasdaq 100 -2.5%
S&P 500 -1.9%
Dow Jones -1.65%
Comment:
24hr tonight:
VTI $216
QQQ $333
SPY $426
IWM $195
DIA $336
VTI $216
QQQ $333
SPY $426
IWM $195
DIA $336
Comment:
USD/RUB spikes to all time high 80.5
Crude Oil WTI +2.85% $92.78
XAU/USD $1908
Crude Oil WTI +2.85% $92.78
XAU/USD $1908
Comment:
Futures erase losses 2hrs before the opening bell. Be smart out there today.
Comment:
Macroeconomic event 2/24/22 8:30am
United States GDP Growth Rate
2021-12-22 8:30 PM QoQ Final Q3
Actual 2.3% Previous 6.7% Consensus 2.1%
2022-01-27 8:30 PM QoQ Adv Q4
Actual 6.9% Previous 2.3% Consensus 5.5%
2022-02-24 8:30 PM QoQ 2nd Est Q4
Actual TBA Previous 2.3% Consensus 7%
The American economy expanded an annualized 6.9% on quarter in Q4 2021, much higher than 2.3% in Q3 and well above forecasts of 5.5%. It is the strongest GDP growth in five quarters with the biggest upward contribution coming from private inventories (4.9 percentage points), namely motor vehicle dealers as companies had been drawing down stocks since the beginning of 2021. Personal consumption increased 3.3%, pushed higher by a 4.7% surge in services spending, namely health care, recreation, and transportation. Fixed investment rebounded by 1.3%, led by intellectual property products that was partly offset by a decrease in structures. Residential investment however, continued to decline and was down 0.8%. Meanwhile, net trade made no contribution to growth as exports jumped 24.5% led by consumer goods, industrial supplies, foods, and travel; and imports went up 17.7%. Considering full 2021, the economy advanced 5.7%, the most since 1984.
United States GDP Growth Rate
2021-12-22 8:30 PM QoQ Final Q3
Actual 2.3% Previous 6.7% Consensus 2.1%
2022-01-27 8:30 PM QoQ Adv Q4
Actual 6.9% Previous 2.3% Consensus 5.5%
2022-02-24 8:30 PM QoQ 2nd Est Q4
Actual TBA Previous 2.3% Consensus 7%
The American economy expanded an annualized 6.9% on quarter in Q4 2021, much higher than 2.3% in Q3 and well above forecasts of 5.5%. It is the strongest GDP growth in five quarters with the biggest upward contribution coming from private inventories (4.9 percentage points), namely motor vehicle dealers as companies had been drawing down stocks since the beginning of 2021. Personal consumption increased 3.3%, pushed higher by a 4.7% surge in services spending, namely health care, recreation, and transportation. Fixed investment rebounded by 1.3%, led by intellectual property products that was partly offset by a decrease in structures. Residential investment however, continued to decline and was down 0.8%. Meanwhile, net trade made no contribution to growth as exports jumped 24.5% led by consumer goods, industrial supplies, foods, and travel; and imports went up 17.7%. Considering full 2021, the economy advanced 5.7%, the most since 1984.
Comment:
Macroeconomic event 2/24/22
8:30am US GDP Growth Rate
8:30am Initial Jobless Claims
8:30am Continuing Jobless Claims
8:30am Real Consumer Spending QoQ
8:30am PCE Prices QoQ 2nd Est
10am New Home Sales January
11:10am Fed Bostic Speech
12pm Fed Mester Speech
8pm Fed Waller Speech
8:30am US GDP Growth Rate
8:30am Initial Jobless Claims
8:30am Continuing Jobless Claims
8:30am Real Consumer Spending QoQ
8:30am PCE Prices QoQ 2nd Est
10am New Home Sales January
11:10am Fed Bostic Speech
12pm Fed Mester Speech
8pm Fed Waller Speech
Comment:
BRK.B 6/17 expiry options data:
Put Volume Total 805
Call Volume Total 578
Put/Call Volume Ratio 1.39
Put Open Interest Total 49,620
Call Open Interest Total 57,715
Put/Call Open Interest Ratio 0.86
300 Call 6,899 OI
300 Put 2,966 OI
Put Volume Total 805
Call Volume Total 578
Put/Call Volume Ratio 1.39
Put Open Interest Total 49,620
Call Open Interest Total 57,715
Put/Call Open Interest Ratio 0.86
300 Call 6,899 OI
300 Put 2,966 OI
Comment:
AVGO 6/17 expiry options data:
Put Volume Total 1,902
Call Volume Total 2,448
Put/Call Volume Ratio 0.78
Put Open Interest Total 33,294
Call Open Interest Total 18,799
Put/Call Open Interest Ratio 1.77
580 Call 1,467 OI
580 Put 1,161 OI
Put Volume Total 1,902
Call Volume Total 2,448
Put/Call Volume Ratio 0.78
Put Open Interest Total 33,294
Call Open Interest Total 18,799
Put/Call Open Interest Ratio 1.77
580 Call 1,467 OI
580 Put 1,161 OI
Comment:
UNH 6/17 expiry options data:
Put Volume Total 2,134
Call Volume Total 1,156
Put/Call Volume Ratio 1.85
Put Open Interest Total 23,812
Call Open Interest Total 24,189
Put/Call Open Interest Ratio 0.98
500 Call 1,340 OI
500 Put 1,092 OI
Put Volume Total 2,134
Call Volume Total 1,156
Put/Call Volume Ratio 1.85
Put Open Interest Total 23,812
Call Open Interest Total 24,189
Put/Call Open Interest Ratio 0.98
500 Call 1,340 OI
500 Put 1,092 OI
Comment:
JNJ 6/17 expiry options data:
Put Volume Total 2,513
Call Volume Total 2,041
Put/Call Volume Ratio 1.23
Put Open Interest Total 43,744
Call Open Interest Total 59,192
Put/Call Open Interest Ratio 0.74
180 Call 10,472 OI
180 Put 4,517 OI
Put Volume Total 2,513
Call Volume Total 2,041
Put/Call Volume Ratio 1.23
Put Open Interest Total 43,744
Call Open Interest Total 59,192
Put/Call Open Interest Ratio 0.74
180 Call 10,472 OI
180 Put 4,517 OI
Comment:
HON 6/17 expiry options data:
Put Volume Total 396
Call Volume Total 391
Put/Call Volume Ratio 1.01
Put Open Interest Total 20,027
Call Open Interest Total 27,589
Put/Call Open Interest Ratio 0.73
210 Call 12,299 OI
190 Put 5,118 OI
Put Volume Total 396
Call Volume Total 391
Put/Call Volume Ratio 1.01
Put Open Interest Total 20,027
Call Open Interest Total 27,589
Put/Call Open Interest Ratio 0.73
210 Call 12,299 OI
190 Put 5,118 OI
Comment:
AMGN 6/17 expiry options data:
Put Volume Total 558
Call Volume Total 498
Put/Call Volume Ratio 1.12
Put Open Interest Total 30,494
Call Open Interest Total 34,703
Put/Call Open Interest Ratio 0.88
250 Call 10,343 OI
250 Put 3,872 OI
Put Volume Total 558
Call Volume Total 498
Put/Call Volume Ratio 1.12
Put Open Interest Total 30,494
Call Open Interest Total 34,703
Put/Call Open Interest Ratio 0.88
250 Call 10,343 OI
250 Put 3,872 OI
Trading indicators:
www.tradingview.com/u/Options360/
www.tradingview.com/u/Options360/