There used to be an ETF that shorted SPX puts (something I've been doing a lot of in 2024), but I tested it out for a while and it sucked. I would get my premium on the upside but then get whacked on any move down. They weren't tactical about sales at all. Not good. 

Biden would be a good candidate shellson

That will be a new instrument by CBOE by end of day..   

Note rising 20 day MA - ready for Football season - HUT HUT

Inflation inflates. The party is on! 

Just picked some up 2 mins before this post

Lots of short setups - but I'm talking about shorting puts   

HUT I didn't think it

Posted by bigg on 12th of Jul 2024 at 01:53 pm

HUT I didn't think it would ever stop dropping. Still in a handle consolidation

AAP Updated

Posted by steve on 12th of Jul 2024 at 01:52 pm

Temporary retracement into demand posted yesterday (hard to project the type of bounce but support was identified)

Any short set ups out

Posted by shellson2 on 12th of Jul 2024 at 01:48 pm

Any short set ups out there (asking for a friend..lol)?

WTF is going on today!?!?!

Posted by icecoldjones on 12th of Jul 2024 at 01:46 pm

WTF is going on today!?!?! +1, -1, now +1.2%

Good timing. I just bought

BRK/B range break

Posted by DigiNomad on 12th of Jul 2024 at 01:37 pm

Good timing. I just bought it (call spreads)

New all time highs. Thank you PPI! 

BRK/B range break

Posted by steve on 12th of Jul 2024 at 01:29 pm

BRK/B range break

FXY - bailout theory I floated yesterday has been mostly confirmed at this point.  The BOJ was said to be shopping bids overnight the night before. Looks like it was about 20 billion this time...so smaller than last time, but not small. 

Japanese households look like they

Posted by DigiNomad on 12th of Jul 2024 at 01:12 pm

Japanese households look like they are finally catching onto the idea that money printing is not going to stop because they're trapped by past policy and that money printing drives markets and inflation to all time highs (see Japanese market on an absolute heater). The rich pigs roll around in the shit and the masses just get screwed. They're not wrong. 

VIX has been a nice

Posted by steve on 12th of Jul 2024 at 01:11 pm

VIX has been a nice guide today

CVNA

Posted by steve on 12th of Jul 2024 at 01:01 pm

CVNA - Chart Link - still has the foot on the gas pedal 

QQQs bounce but Bezos has

Posted by steve on 12th of Jul 2024 at 12:48 pm

QQQs bounce but Bezos has the short term breakout players bagged with AMZN ($200 wall I warned about) - selling shares and cruising around with Lauren on his Yacht

Who ya gonna believe -

Posted by DigiNomad on 12th of Jul 2024 at 12:43 pm

Who ya gonna believe - the equity sales teams that are CNBC and Bloomberg ...or the chart?

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