TSLA - my money is on $65... 

AAPL- Don't like the look of this chart. Broke the lower trendline, poked below support from Oct/Nov.

AAPL - Sold some Puts anticipating that symmetry break. Brings my Put Vertical back to neutral. Don't have a enough conviction on this bounce to skew long though... 

AAPL- I'm seeing this break the trendline from the June lows... support near the $134 area but below that it's looking at $128.

Position: net short March 135/130 Put Vertical

AAPL - Bottoming here with a back test of the downtrend line... 3pm bounce anyone?

AAPL - Ugly Candle on the daily...

I bought back a bunch of short puts around 10am after we went sideways for an hour. Certainly wasn't looking like a gap-and-go day. Watching $144.50 gap fill for any change of sentiment, but $SPX still has room to go.

Position: Long March Put Spread 135/130

PBF - just exploded... 

XOM - closed this morning's gap. Let's see if it can clear today's downtrend resistance now.

Following the Systems - I made that decision this year (2022) and did my best to take as many trades as I could. In all, I only caught about 30 trades for various reasons (vacation, travel, being too busy) but I was VERY happy with the overall results of those trades.

I did second guess a few of the trades mid-stream, usually erring on the side of caution (profit is profit). My results on those were basically net neutral vs just following the system to closure, and certainly no huge difference by using my brain. 

Lesson: Stick with the Systems. They work .

AAPL - Flat on the day compared to the broader market inching upward

position: net short

AAPL- Knocking on the edge of that gap...

AMZN- trying to break out of this wedge. Got above VWAP finally.

Zuck’s next big product launch… metadeath!

http://palmerluckey.com/if-you-die-in-the-game-you-die-in-real-life/?utm_content=null&utm_source=Sailthru&utm_medium=email&utm_campaign=Wednesday%20Email&utm_term=4ABCD

TSLA - Cratering... someone send a tweet!

SPY Systems - It's always hard to hold when things go against you first and then claw back to near even. But over time the systems do VERY well. They are based on technicals, not on fundamentals (earnings) so i try to stick with them, especially when I find myself second guessing things. 

System Trades - Couldn’t agree more. But you do need to take all the trades… 2nd, 3rd, etc. Sometimes the first entry never gets back to positive but the subsequent entry’s can still mop up. 

System Trade

$368 price on that Put? I thought the usual recco was ~0.65 delta…

SPY Put - Hi Mid Lo - Sounds like a bunch of us "accidently" covered for nexts year's subscription cost with that trade!   #WhatPriceIncrease

PINS - You coil here often?

NFLX - Agree it looks interesting here.

Pretty clear short-term trend up, trend down and now coiling with a little more volume.
Been fighting the bottom of the gap with a volume vacuum just above (bottom half of the gap). Could allow a lot of price moment if it went that direction.
Ribbons pinched
MACD flat
Coil in a coil with yesterday's low (supporting that trendline back to July) 

Could suggest a longer term channel up (speculating). Maybe a good options play to break either/or?