I was in DKNG at 28ish, but sold the rip... was looking for another entry and today we got it. Got Nov 40 and Jan 45 calls at the bottom of the small liquidation (avg stock price was around 33). Anytime there is a sell off and they widen the spread... I sit on the bid and provide liquidity for those that panic sell out. Donkey Kong has been good to The Carny :)....
Multiple gap ups outside of the Bollinger Band, mixed with running through multiple longer term and intermediate term Fibonacci levels. Avg short entry at 21.40 looking for a short term top. Not looking to hold short long term, just a trade.
Shark pattern on the Q's. 88.6 was first possible PRZ... which I played but covered when it didnt reach the first TP. 1.13 is the next spot for Shark. TP 38.2 and 61.8 retrace. Overshot the PRZ and with hedge funds only buying extended tech names like desperate drug addicts .... I suggest playing half size Puts to protect your risk.
Short GLD in the PRZ zone (165.68-167.74) . Take profit at the 38.2 retrace (155.02) and after look for 61.8 at (147.77). With the macro backdrop you could get an overshoot to the long term fib at 169.49 and also a possible smaller time frame deep crab with a 168.45 to 171.12 PRZ. Stop above 171.12