yeah with the SPX down 55 points that exhaustion short nice.
that said if you bought multiple put options or shorted a lot of
shares, you might want to consider taking some profits. This trade
is not held long, would not be surprised to see it close out in a
day or so
Nice call on reversion trade
Posted by racerick on 3rd of Sep 2020 at 10:09 am
Nice call on reversion trade yesterday Matt
yeah with the SPX down
Posted by matt on 3rd of Sep 2020 at 10:33 am
yeah with the SPX down 55 points that exhaustion short nice.
that said if you bought multiple put options or shorted a lot of shares, you might want to consider taking some profits. This trade is not held long, would not be surprised to see it close out in a day or so
the system will close out
Posted by matt on 3rd of Sep 2020 at 10:37 am
the system will close out on a close back below the 8 day SMA