Does this big transaction of almot 4 million dollars mean
anything. I looked up at other trades prior to that and lot of
activity went for same calls from 1315-1318pm. By end of the day
452c total volume of 64k(open interest was less than 4k)
meant to add 1 SPY for the ES as well - was planning to use May
20th 421. Normally I do 2 months out, Apr 14th isn't 2 months May
20th was the next possible. I did notice at the time that the
spreads were much tigher on the May contracts 10 - 15 cents only.
Two of the same says are going long and weekend so I don't see a
lot of need to be hyper aggressive
SPY / ES system trades
Posted by matt on 18th of Feb 2022 at 04:00 pm
SPY and ES system trade notifications:
sub-system Trend/Pullback going long 1st entry for both (realize ES doesn't close until 5 pm EST vs the 4 pm where the cash SPY closes
- $10K into SPY ($5K for SPY version and $5K for ES version)
- option trade: 1 SPY call option 1 SPY Call 420 Strike with Exp Apr 14th
I was just going through
Posted by rareto25 on 18th of Feb 2022 at 05:40 pm
I was just going through some big trades on indexes for open interest/ volume and this one popped up and it happened right around when SPY bottomed.
BUY +35,065 SPY 100 (Weeklys) 4 MAR 22 452 CALL @1.11 LMT
This trade was executed at 13:18:58
Does this big transaction of almot 4 million dollars mean anything. I looked up at other trades prior to that and lot of activity went for same calls from 1315-1318pm. By end of the day 452c total volume of 64k(open interest was less than 4k)
meant to add 1 SPY
Posted by matt on 18th of Feb 2022 at 04:06 pm
meant to add 1 SPY for the ES as well - was planning to use May 20th 421. Normally I do 2 months out, Apr 14th isn't 2 months May 20th was the next possible. I did notice at the time that the spreads were much tigher on the May contracts 10 - 15 cents only. Two of the same says are going long and weekend so I don't see a lot of need to be hyper aggressive
anyway we'll see what Grandpa says
Thanks Matt, glad to get
Posted by cozz101 on 18th of Feb 2022 at 04:35 pm
Thanks Matt, glad to get back in a SPY system trade