Spy has a expected move of 15 and change for this week. This is double the weekly expected moves. That would be one deviation. If we go to two deviations than 30 bucks for the week. I doubt we get that far but if we do they need to pull it back in. How do I find this? Through options data. It’s going to be a fun week.
Should you buy it or short t. I am being very sarcastic. If you can’t answer this question, there are no words. I have enough smart friends on here that know what to do. Some will say it is going to 300 with the launch of the Jetson shoes they have coming out. Even better than electric cars. No pilots license is going to be required.
I think you kids should be waiting and be buying small amounts where it is noted. I know. I know. It’s never going to happen. Reality. It will.
Absolute toast. Wait til it breaks again. It’s over and that will happen the minute you aren’t looking and all your money is about to be flushed away. Enjoy kids! If you bought make sure you watch at all times because it’s over. We want to make sure you watch as it drops and your money goes away.
Buy some puts a few months out. I don't think I need to fully chart this out - nor will I.. If you know charts, you see it. Good luck! And if you are bullish... you better be scalping. You kids ...
Till we hammer it down............... put your stops in place if you bought today and trail things...............
This thing has so much downside to it.. it's nuts. Lets round off that face shall we........ just drop it. Nobody is buying this garbage up here.
To the guy that sold me your puts when GOOS popped up and you thought it was going nuts.. thank you! I still have 2 months on the clock but I am up over 125% just today alone. Ouch for you! I will make sure you take the max loss and I take the max gain! You rock dude!
I had a small order fill this morning that I quickly got rid of at break even (a prior set limit order) This is how I see CLOV. Eventually getting to the lower 2s or 1s even in the weeks and months ahead. I will pick some up there though... but till then, no need to waste time. My career comes first. This shit is to time consuming to baby sit for small...
Going to atleast 121 by there my stop would be right there trailing it.
I got confirmation or I should say one more clue the spy will be breaking the 440 coming up. Let’s see. Not only do I see millions in puts for it to happen but some charts just told me it’s heading there today. Things that I know where the bottom short term is and it will take spy breaking 440s to get there. Let’s go bears!
Still holding some since the 14s. Sadly I had sold a chunk but what’s left is doing great. Still long. Still upside before any real pullback. Remember no Christmas rally this year. Not what you expect anyway. Lots and lots of downside to the market for months to come.
Sadly, I had a starter size fill at 110 with an order I had set a few weeks ago. Well see. I might just hold since its not much...
And tell them you’re not going to take this nonsense. Bring the market done or else!
Just short term.. has a bit more downside coming. Not much before a pop for a lower high. There is your Christmas Rally for you ... enjoy it kids! Oh yeah, still in puts.. but I will take that little call for that little bounce before it gets hammered down again.
Time to be short people. Sell and go short. Unless you like losing your money.
Bear flag. Time to be in puts guys. That’s how it’s done. Lol.
Any upside will be limited for spy ...... why? look at the bigger time frames and what should a candle never do to a previous one? where is the pattern. Where is the resistance. No worries... play the day trade but its not worth it. Lots more red to come...........