Always good advice to take profits. I kept my puts in place for
now, and have used this mornings buying to sell some calls, so
quite short at least for awhile.
price did bounce off the lows to retest resistance established
yesterday from that range break - trading is never just easy. Yes
just staying put short this morning was the easiest/best - or one
could have taken off on the open like I did and re-established some
shorts on the bounce back to resistance - again really just trade
your time frame guys or whatever you are doing.
anyway SPX now slightly below the 4500 that that I mentioned was
important
Always good advice to take
$NDXADP - was flashing a pretty big divergence last night. ...
Posted by jj4376jc on 8th of Sep 2021 at 10:12 am
Always good advice to take profits. I kept my puts in place for now, and have used this mornings buying to sell some calls, so quite short at least for awhile.
Yeah I've got my arse
Posted by retirefire on 8th of Sep 2021 at 10:31 am
Yeah I've got my arse singed by NOT taking profits, so I'm probably a little too cautious now. But playing a few options gives flexibility.
Yep, sold my IWM puts
Posted by timebandit on 8th of Sep 2021 at 10:37 am
Yep, sold my IWM puts too soon this morning. Should have trusted my charts. Still holding EMR short.
price did bounce off the
Posted by matt on 8th of Sep 2021 at 10:46 am
price did bounce off the lows to retest resistance established yesterday from that range break - trading is never just easy. Yes just staying put short this morning was the easiest/best - or one could have taken off on the open like I did and re-established some shorts on the bounce back to resistance - again really just trade your time frame guys or whatever you are doing.
anyway SPX now slightly below the 4500 that that I mentioned was important
Looks a retest of this
Posted by jj4376jc on 8th of Sep 2021 at 11:51 am
Looks a retest of this mornings low, seems important to me. Thoughts?
I've been singed often Lol.
Posted by jj4376jc on 8th of Sep 2021 at 10:33 am
I've been singed often Lol. Selling those calls is likely a day trade, maybe a 2 day trade. I want to hold my SPY puts for awhile longer.