Stock Market Intraday Chat: Mar 5th - 9th - Page 21

I buy deep itm option spreads and going in very small, so even if we get another 200 point gap down, I might lose 5% of my portfolio. Then again my profit will be small as well. More of just having fun putting some cash on the line to test my hypothesis

Quote:

Originally Posted by Philosuffer 

Watch out Herm, I hope you reconsider this idea and wait till tomorrow, I am feeling it can get ugly here. Not even a small bounce whole day, I was sitting and waiting without luck. Europe closed at lows, there can be a big gap down tomorrow.

 

An intraday quick buy and sell might be okay but I dont recommend entering a long position now and holding overnight.
 

 

Quote:

Originally Posted by BobK 

I wish I hadn't seen this. I was stopped out several days ago @5.40. It seemed to drop just enough to take me out but I was able to forget about it till now.

 

sorry about that--but you are still holding other shorts ---I sold just in time to miss the next leg--eye yigh yigh yigh!  

Kudos to all those still holding their shorts--glorious day!  

Quote:

Originally Posted by jeremymayf 

sorry about that--but you are still holding other shorts ---I sold just in time to miss the next leg--eye yigh yigh yigh!  

 

Kudos to all those still holding their shorts--glorious day!  

 You managed to mess my thought process too. I was going to hold but then saw your post and thught how I missed the last run and sold all @ $6.06

Even though, I have no UVXY or TVIX position, glad to see some of the members making profit on these.

However, I think many of you who exited may regret the missed profits later tomorrow

Any body here plan to hold their position for Tvix or uvxy over night?

Quote:

Originally Posted by moss_sumit 

 You managed to mess my thought process too. I was going to hold but then saw your post and thught how I missed the last run and sold all @ $6.06

I can see only one solution: you guys need to take me out behind the barn and beat the "you know what" out of me!    Then I can go back to lurking and losing $ in quiet desperation . . .

Seriously though, I think we pop into the close or gap up tomorrow morning.  I'm with hermanpu, this is short term overdone. 

I am going to but don't have the position yet!
 

Quote:

Originally Posted by ssm22 

Any body here plan to hold their position for Tvix or uvxy over night?

Things are still highly bullish for the SPX as long as the SPX is above 1338

The bears, however, have put some significant bearish building blocks in place. 

I expect that the price should re test 1350 either the last half of hour of today (unlikely) or tomorrow (more likely).

I actually thought, however, that there had been a significant chance of the test of 1350 earlier though--even though some significant bearish signs were forming at the time.

UVXY or TVIX?!?

 

Quote:

Originally Posted by Philosuffer 

I am going to but don't have the position yet!
 

 

i've got uvxy from 5.20 i'm thinking of holding.

Waiting for the short covering, probably would go with UVXY

lovely selling volume. Broke average volume with increasing selling the past three days. If we can keep this and close near LOD, we will go lower tomorrow. (yay)

Gold is moving up, the market will follow giving the oportunity to join the ride down. 

 

Quote:

Originally Posted by Philosuffer 

 

Waiting for the short covering, probably would go with UVXY

Quote:

Originally Posted by Philosuffer 

Waiting for the short covering, probably would go with UVXY

its going to be a late cover .. last 10 mins.

.. if not then in the AM tomorrow.

last ten minutes, 60 point bounce. book it.