typically this is how I

    SPX 5 min

    Posted by matt on 24th of Apr 2020 at 03:42 pm

    typically this is how I trade those 5 min setups - I use my BPT MA stuff to trail the stops up. also notice on that 3 min chart when the resistance cycle was broken it became support.  You can see when the BPT MA goes red to green I just move the stops up progressively, have been long since that MA pinch on the 1 pm time frame

    but without all that the 5 min UPRO or SPX standard Stockcharts.comprovided you a NICE trade today long from mid day

    Hi Steve and Mattt,  do

    Posted by imelhoe on 25th of Apr 2020 at 02:08 pm

    Hi Steve and Mattt,  do any of the smart options people in this community know how to calculate the expected move in earnings for AApl coming up this thursday.  I need help with  my positons.  Anyone who can help me who owns aapl , please let me know how to contact you reg handling this one . Thanks in advance.

    The easiest and best way

    Posted by vsunil on 25th of Apr 2020 at 02:14 pm

    The easiest and best way to calculate is take the call and put option value in weeklies closest to current price (delta of 50) in earning week and add them will give you expected move. It looks like AAPL has it around $14. 

    thanks very much vsunil, i

    Posted by imelhoe on 25th of Apr 2020 at 03:45 pm

    thanks very much vsunil, i will look to see what i can do with it. I appreciate your input as i thought tos has an expected move calculator or IVR with their site but not sure how to get it.


    Do you own the stock, as i hear people very bearish on it in longer term and also expect just mild upside and then sell off.


    If Matt/Steve can put in the FAMG stocks to study for this coming week, that would be great...Its what's holding up the market so far and we won't see much sell off if they continue to be big leaders and no rotation out to other sectors




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