Posted by jones689 on 21st of Jun 2022 at 05:20 pm
Steve mentioned going short on the end of day runners about a
month ago. I went long on the EOD dump with that same logic. seems
to be moving north after that dump.
Does anyone have an explanation for what could be going on?
Maybe someone trying to hit stop losses?... if you believe in that
stuff
Posted by timebandit on 21st of Jun 2022 at 09:43 pm
I sold a little over half of longs from Thursday at 3775. Bought
SPY puts a little lower to hedge the rest. If we do indeed get
gyrations over the next two days, I want to be able to take
advantage in both directions. That's the desire, at least.
Execution is another thing.
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Steve mentioned going short on
Posted by jones689 on 21st of Jun 2022 at 05:20 pm
Steve mentioned going short on the end of day runners about a month ago. I went long on the EOD dump with that same logic. seems to be moving north after that dump.
Does anyone have an explanation for what could be going on? Maybe someone trying to hit stop losses?... if you believe in that stuff
I sold a little over
Posted by timebandit on 21st of Jun 2022 at 09:43 pm
I sold a little over half of longs from Thursday at 3775. Bought SPY puts a little lower to hedge the rest. If we do indeed get gyrations over the next two days, I want to be able to take advantage in both directions. That's the desire, at least. Execution is another thing.