So I flipped the puts I bought yesterday for a nice 170% gain, got out because I went with weeklys. I think this has more room to drop on what appears to be a bear flag. Look at the pattern from last April, expecting something similar down to $134 support.
Remember when in doubt, short garbage, it's easier than finding a top. The market is bouncing up and IBM isn't.
Remember when in doubt, short garbage, it's easier than finding a top. The market is bouncing up and IBM isn't.
Nota
Maybe I should've rolled into next week's puts before close with the profits, INTC guided lower and futures are down. For some reason I thought we'd get a pop up tomorrow, maybe because it's Friday.At least I bought some NKE puts, stupid that it set a new ATH after blowing earnings.
Trade chiuso manualmente
Decided to take the AAPL profit and close this as well. No gain on this one.Nota
Looks like this one's just going to waffle around in this area. The Dow looks like it wants to double top, so it's gonna be tough to short components.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.