still holding the remaining 500 contracts SPY puts from last week, plan to close before Fed's meeting next week.

already +45k

Btw, Apple's iWatch looks............. fugly

I was expecting something like that:




or that:

close all Puts. Loading 1/4 size of CALL now prior to 9-11 patriotic rally

total gained from PUT
First 1/2 = +25k
Last 1/2 = +40k

Added another 1/4 position of CALL.


Total now 1/2 position on SPY CALL.

You missed my #1650 post.



Anyway I prefer good risk/reward setup.

Btw, I haven't notice your sharing on winning/loosing trades or are you just moderating the forum?

Morgan Stanley and Merrill Lynch orchestrated the selling today.

Some unknown single source is buying all the dip since morning. That's two large position on every new push down. Impressive

Next few handles on SPY are crucial to keep price above $199 hence bringing day-Target price to $200.28. However, if bulls (well only one huge bull today anyway) unable to hold the defense line @$199, we are seeing new low today prior to Friday's rally. Ok food time!

last hr, bulls need to get above $200.17 on SPY to trigger broad-short-squeeze.

luckily closed all calls 5min before market closed yesterday due to the weak squeeze that unable to push price above $200.28 for a +6k gain (small position, only 200 contracts)

Jaw-dropping at the "bad news mean bullish reaction" to the initial claim which sent the futures downward.

But again, it's 9-11, what could go wrong? BULLISH

Short-term double bottom formation if holds above $199.13 , target will be $200.80 ish.

Closed at my yesterday's targe of $200.28 >.>.

Anyway, this last squeeze was too impressive given strong buy happened 4 times at least, patriotic rally is truly amazing.

Friday has been very bullish.

fund manager selling FB/TWTR/WB/LNKD/YELP to raise fund for BABA.

heh it will hit $120 intraday

Hard not to short the market, loaded Puts

200 contracts @$1.01 SPY OctWk1 199 Put

out for small gained +$1k (instead of $2.4k, urg!)

Looking for more lower price to enter long later

The price action indicates how important home sales economic data in less than 1 min.