Posted by jj4376jc on 19th of Aug 2021 at 09:47 am
Not really going against it, I'm hedging some longs I don't want
to sell(U, SNOW, BMBL among others). I already had a QQQ put
calendar hedge on, I may have to sell as the mid price of the
spread is 360. If they start moving down from current levels I will
need another hedge, which is now SDS. If Matt's main SPY system
triggers I will likely close my hedge then buy some SSO
You have a gap down
SPX, for reference, that first gap is at 4,367.48. Another ...
Posted by frtaylor on 19th of Aug 2021 at 09:07 am
You have a gap down so you're in the green, no worries. I just bought 5k of SSO pre-mkt based on the SPY system and buoyed by the MO readings.
If I buy it will
Posted by jj4376jc on 19th of Aug 2021 at 09:15 am
If I buy it will also be SSO, not buying until I see if we get a flush or Matt's other system triggers
Bought pre-market. Seems like close
Posted by mitchell on 19th of Aug 2021 at 09:34 am
Bought pre-market. Seems like close to a flush as you can get...at least for a trade.
I'm actually thinking the down
Posted by jj4376jc on 19th of Aug 2021 at 09:36 am
I'm actually thinking the down move is more likely, bought some SDS, will probably buy more
Whew! Going against the SPY
Posted by frtaylor on 19th of Aug 2021 at 09:42 am
Whew! Going against the SPY system, that takes some conviction.
I'm out, covered Puts near
Posted by retirefire on 19th of Aug 2021 at 09:48 am
I'm out, covered Puts near the open. Just took what it gave me.
Likewise. Congrats! Onto the next
Posted by timebandit on 19th of Aug 2021 at 09:49 am
Likewise. Congrats! Onto the next trade
Not really going against it,
Posted by jj4376jc on 19th of Aug 2021 at 09:47 am
Not really going against it, I'm hedging some longs I don't want to sell(U, SNOW, BMBL among others). I already had a QQQ put calendar hedge on, I may have to sell as the mid price of the spread is 360. If they start moving down from current levels I will need another hedge, which is now SDS. If Matt's main SPY system triggers I will likely close my hedge then buy some SSO
Buying more SDS here, leaving
Posted by jj4376jc on 19th of Aug 2021 at 10:40 am
Buying more SDS here, leaving me fully hedged for the weekend(I hope, LOL)