Posted by DigiNomad on 13th of Apr 2023 at 03:21 pm
You can add me to this list. I just rolled to short SPX JUN 4420
calls. If we get another push I'll be selling 4500's. I hope
it happens! Index squeezes like this don't end well...unless you
are on the short side and started small enough to be able to take
the pain and double down, maybe a couple of times. In the
case of a successful squeeze defense, I almost always come out with
a higher total return for the period in question than I would have
achieved if not forced to defend.
*I did leave on some May 4340 short calls - I think that was
one of Steve's levels...
fuel for the fire
Posted by matt on 13th of Apr 2023 at 02:33 pm
You can add me to
Posted by DigiNomad on 13th of Apr 2023 at 03:21 pm
You can add me to this list. I just rolled to short SPX JUN 4420 calls. If we get another push I'll be selling 4500's. I hope it happens! Index squeezes like this don't end well...unless you are on the short side and started small enough to be able to take the pain and double down, maybe a couple of times. In the case of a successful squeeze defense, I almost always come out with a higher total return for the period in question than I would have achieved if not forced to defend.
*I did leave on some May 4340 short calls - I think that was one of Steve's levels...
Bring up 4217!
Posted by junkie on 13th of Apr 2023 at 03:41 pm
Bring up 4217!
Great info!
Posted by bulf6285 on 13th of Apr 2023 at 02:45 pm
Great info!