Stock Market Today : June 25th - 29th - Page 14

looking at 15m and 30m candles have definately been saving my ass in pickin good entry points lately.

I get the feeling before the low volume holiday grind up for most or all of next week i do think we could see 1 more good flush..$VIX is back over 20 and that is always a red flag..

ugh missed my FAS entry

Quarterly SPY Max Pain hit at 133.00

Quote:

Originally Posted by o7media 

Looking for SPY 133 this week. We're looking pretty good here IMO.

 

In 132x weekly calls at .95

Here's 133. I sold my SPY calls yesterday in the rally though 

If we can hold our gains today, next stop is 134.30.

Sold my call spread, into SPY puts now 137 for July looking for a scalp

$VIX green on the day w/these mkt gains.. looking for eod selloff here

Spain starting to hint it will need full bailout $$

Top 10 biggest movers after the first hour of trading:

ENTR    Entropic Communications Inc    5.15    26.23%
SUPN    Supernus Pharmaceuticals Inc    14.15    15.70%
COOL    Majesco Entertainment Company    2.06    13.81%
LORL    Loral Space & Communications    65.62    13.65%
EQM    EQT Midstream Partners LP    23.70    12.86%
PCX    Patriot Coal Corp    1.20    12.16%
AMRN    Amarin Corp PLC    14.70    11.70%
UGAZ    VS 3x Long Natural Gas ETN    31.57    10.00%
UIS    Unisys Corp    17.30    9.77%
ATPG    ATP Oil & Gas    3.23    9.49%

Quote:

Originally Posted by o7media 

Banks are really weak here...

Quote:

Originally Posted by RetireYoung 

Yea i noticed this. i think market will go up today, i wonder if banks will lag and then follow as well.

The banks are coming back now. We might make new highs if financials can pick up some steam here.

Banks actually ok, JPM pushing higher, but I think it starts getting into trouble closer to 38.50

Someone bought 14366 Dec 12 $109 puts.

End of year Armageddon coming?

Quote:

Originally Posted by Stevie_B 

Someone bought 14366 Dec 12 $109 puts.

 

End of year Armageddon coming?

That's less than 2 standard deviations. They could have been sold as a hedge. There is a large open interest also in 105 & 110:

That hedges about 150 mil worth of a diversified portfolio for 3 mil. That's less than a 1% fee to make sure that you don't lose everything in half a year haha. Most people pay money managers a 1% fee to invest their money.

Maybe a rich person thought it was better to do it himself with some insurance than get a financial advisor haha.

Quote:

Originally Posted by rmejia 

 

That's less than 2 standard deviations. They could have been sold as a hedge. There is a large open interest also in 105 & 110:

Going into next week with the 4th of July on Wednesday you have to figure on light volume window dressing pretty much all week..I could see a decent rally setting up but would prefer 1 more test of the june 4th low which is also an island reversel on high volume..Take a look at this $VIX chart going forward i will look to go short vol if the pattern sets up..

Quote:

Originally Posted by o7media 

 

 

The banks are coming back now. We might make new highs if financials can pick up some steam here.

Pushing higher. Some resistance at 133.30 - 133.40 here. I don't think we'll be able to go much higher today, just looking to hold the gains for a move higher tomorrow.

wow check out LNCR ...

Quote:

Originally Posted by OldFart 

Maybe Nate is a FA kind of player

A what?