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my bullish scenario is a 1357  pin.. 1300 happened to get pinned as well which is interesting and had I it in the cards, but i guess we didn't really pull back far enough to really warrant worry about excessive weakness in a proceeding retrace? I was looking for that 1294 range but it didn't quite happen.. I think we gap up though a bit , and should be a grind around the 50ma (daily chart), then flirt with 1357 late in the week. Just some ideas.

Also, referring to cash index

Quote:

Originally Posted by o7media 

LNKD looking great here for a move higher tomorrow IMO.

 

105x June 22nd weekly calls at .85.

LNKD flying again. Almost ITM. The calls are at 1.90 now up 123%

cut my losses on those JNJ puts at .08 from last week. shouldn't have tried to catch the top.

CHKP looking very bearish. At $49.50 now. The July 45x puts are at .45.

Target on the stock is $47.80 then $43.25.

Quote:

Originally Posted by o7media 

 

LNKD flying again. Almost ITM. The calls are at 1.90 now up 123%

LNKD just broke into the $105's. Impressive run from $98's last thursday.

Calls are at 2.30. 170%

edit: LNKD going for its 105.88 resistance. Weekly is showing room up into the $106's so it could have some more upside. Calls at 2.60 now +206%

Quote:

Originally Posted by o7media 

 

LNKD just broke into the $105's. Impressive run from $98's last thursday.

 

Calls are at 2.30. 170%

 

edit: LNKD going for its 105.88 resistance. Weekly is showing room up into the $106's so it could have some more upside. Calls at 2.60 now +206%

LNKD is crazy today. Almost at $107 now. Calls at 3.25, up 282%.

You in those Karim?

Quote:

Originally Posted by mpr 

You in those Karim?

Nope

Quote:

Originally Posted by charulz 

 

which comes first.. chicken or the egg?? vix closed below the lower bolly today.. the green circles are the last 3 times the vix closed below the bolly.

The cow!

I'm thinking the VIX goes lower. H&S on it looks to be playing out.

I'm looking for SPY to test 136 this week. That's going to be a major resistance point on the daily (100 ma, 100 arc) and weekly (20 ma, 61.8 arc). Both very strong sell areas there.

The week will be a slow grind IMO. Weekly resistance also just below 135, we're just in a really tight range here between 134-136.

I'm personally need a swift move to the downside. I built a rather large short position and took a beating. I'm hoping for the gap fill territory highlighted

Large quantity of puts moved largest sum of puts traded at ask or greater. Call bias looks light. Leads me to believe we're looking for a soft open and grind down throughout the day vs. gap down. 

Quote:

Originally Posted by o7media 

CHKP looking very bearish. At $49.50 now. The July 45x puts are at .45.

 

Target on the stock is $47.80 then $43.25.

Took out all supports until 47.79 this morning. Down 1.4% right now on this market gap up.

Quote:

Originally Posted by o7media 

I'm looking for SPY to test 136 this week. That's going to be a major resistance point on the daily (100 ma, 100 arc) and weekly (20 ma, 61.8 arc). Both very strong sell areas there.

 

 

 

 

The week will be a slow grind IMO. Weekly resistance also just below 135, we're just in a really tight range here between 134-136.

SPY at 136 now. Resistance just a tad higher actually, around 136.10.

Great short here IMO. SPY 135x weekly puts at .55 right now.

^^ That's the drop I was looking for. Was just off on the top. In the SPY puts at .55 ..just sold at .71 for a quick 27% gain.

1360 level is very important. If the markets can close above it for the week I'll be very bullish for the next couple of months.

HERO 3.50x July calls at .30.

Looking good here to 3.70, maybe 3.90. Just watching it for now, not in it myself.