Posted by fredsaid on 14th of Oct 2021 at 07:54 pm
I had a bunch of calls for this Friday for protection against my
shorts but after reading that article a couple days ago on the
option activity/ push and pull and market trying to decide between
3400 and 3300 ahead of Opex it seemed like we'd stay in that range
and my calls were above 3400 so I bailed on them yesterday for a
loss thinking we'd chop around. That turned out to be a
disaster with the gap and super go today. Oh well.
Maybe XOP/DROP can play out a pull back next week and make up
for it.
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I had a bunch of
Posted by fredsaid on 14th of Oct 2021 at 07:54 pm
I had a bunch of calls for this Friday for protection against my shorts but after reading that article a couple days ago on the option activity/ push and pull and market trying to decide between 3400 and 3300 ahead of Opex it seemed like we'd stay in that range and my calls were above 3400 so I bailed on them yesterday for a loss thinking we'd chop around. That turned out to be a disaster with the gap and super go today. Oh well. Maybe XOP/DROP can play out a pull back next week and make up for it.