No one in Europe is delusional enough to be short Indices into tech earnings. I haven’t done anything with the QQQ class for Friday. 194 strike is worth a look late day. FEDEX & EOG are today’s stand out names. … Continue reading
Daily Market Intelligence 10-22-19
Long qqq 192 Put @ .13 cents for today’s expiration. This was done as a pass line lotto bet. Currently trading in the 60’s. IBB is putting in a topping pattern!!!!!!! Covering( Selling the Puts) when the spread gets a … Continue reading
WSJ article…ECB new idea is to pay banks to lend. Spoo & Nasd 100 have filled their respective weekly gaps late day. Spoo/Bond is currently trading just under its 200 DMA After London closes I’ll be looking at weekly Lotto … Continue reading
Sold the remaining trailers in the QQQ puts when the spread ran the ORL daily stops Out of the runners @ 1.20. VIX @ its gap was a great tell. Something we went over early in the room. Sold 2/3rds of … Continue reading
Daily Market Intelligence 8-23-19
Daily Market Intelligence 7-11-19
GOOGL is the value trade. it has the most to catch up. There is another 45 minutes to an hour of buying. Call buying everywhere. I rolled up my QQQ early. Took 1/2 RSX off and have paid for all … Continue reading
Just a reminder that all Treasury volume is September (U) Futures. Risk spreads all held momentum support on the early Asian Index selloff. Options activity over the past two sessions saw upside positioning in the QQQ & SPY into July. … Continue reading
Daily Market Intelligence 4-4-19