Silver swing highs and fibs have been absolutely amazing ever since mid to late May. 39.50 was a hard cap for SI yesterday, after it spent a few days tangling with the 37.90 fib for much of the prior several days.
Stock Market Today - Intraday discussion - Page 5231
oh, well what i do is just buy spreads, and make sure the thetas are close to offsetting each other as is practical. but then i guess you end up paying for it with double the commission and a worse bid/ask spread. but on the bright side the gammas kind of offset also so that you are dealing with more predictable gains/losses
Come on sell off already and break those important moving averages...... These bulls aka the government is trying every little trick in its book to make this looks good. Spiking the start of the market to get a good candle stick and now fighting off but it is a overbought market in all sectors.
yep 1260.. still holding onto my targets.. no reason to change, also depending on what happens here with the debates could get fugly..
We have picked a direction.. unless there are alot of exercising positions tomorrow since of exp.. but i doubt it other than the puts.
Nice bounce off of 820. If you used 822, that's a 2 point draw down.
38.2% fib at 825.5 for the first test/target.
1:1.5 rr - okay, not that great and that's why I'm just watching right now.
I already had my fun.