biasedsenpai

biasedsenpai Updated 

Loaded up heavy on puts here at 423 and at the break of 424. I have both the October and November puts with ITM and OTM strikes. This is a really easy trade. We have 7 or 8 gaps under us. This rally is artificial. For this trade to be successful you need to be confident in holding for a month. Don't get shaken out! There is a possibility of breaking 430 but it...

biasedsenpai Updated 

I opened deep ITM puts with plenty of time on the clock...target price is 400. This has room to go up that's why I'm giving myself plenty of time on the clock... This is a medium risk short you need to be prepared if it decides to move up more...

biasedsenpai Updated 

Every dip is a buy until the gap fill is met at 400-402. This may drop to 385.5-387.0 but at 391 is a great chance to reload some calls. I added more 09/16 calls deep ITM. This price action is a scalper's dream. I dumped half my calls when it wicked 400 a few days ago it was an automatic order so it got filled. Still holding the remaining half and added more...

biasedsenpai Updated 

Bought TSLA calls when it hit my buy criteria at 718 then again at 712 when it dipped more. This is purely an earnings play and I haven't done an earnings play in a long time. I keep telling myself that TSLA near 700 is a good mid term buy, who knows! Not expecting this to go well so we'll see how this plays out. Earnings are tomorrow post-market.

biasedsenpai

So far it looks like it's hugging my lines nicely. I do want to point out that the second dip to 384-387 MAY not happen and 1) we just go up from here, or 2) consolidate a bit at this level then go up from here. I entered SPY September calls yesterday at 385.18 and SPY October calls right at 383.2. I'll swing these to 400. Today I entered TSLA September and...

biasedsenpai Updated 

Here are the top 5 main reasons to be bullish on SPY : 1. Oil has peaked. If it isn't obvious to many by now, WTI and XOM have peaked and it's starting to show in the real world. Gas prices are down substantially than their highs just a month ago and this was one of the main things holding the market down for the previous months. All oil needed to do was...

biasedsenpai

SPY gapped up on the good economic report Friday morning and did a very slow climb to 384 and the finish at 385 in the final hour. We now have two gaps below us that remain unfilled. Premarket fills don't count. Not really something to be happy about if you're a bull. SPY met my bullish price target of 384 and I said I would go deep in the money calls at 385...

biasedsenpai Updated 

Did a nice little runaway in futures. Don't they love playing games? Easy short to 376. I'll be slamming 09/16 puts right at open. Be careful here, in case this touches 384 we're probably going up.

biasedsenpai Updated 

The chart speaks for itself. We will ride this pathetic rally to 378 then begin the next leg down into the 450s. You read that correctly. We will be in the 450s sometime this month. Probably towards the end. Expect panic to ensue once we get there. Market is very generous and giving bulls plenty of chances to cover those longs. I went long at 371-372 this...

biasedsenpai

On the daily time frame we can see that an upward movement was followed by a gravestone candle. Bitcoin defied technical analysis by following with strong bullish daily candles after the gravestone candle suggesting technical analysis isn't as relevant and BTC remains bullish. Support being around the 26,000 area, a drop towards 24,000 seems very unlikely. There...