• Update;

    oil

    Currently have XOM puts for friday and july 29th. If the energy market sells off hard tomorrow. I will look to sell all my short positions including my gush put as well. I expect a possible touch of 79-80 on xom. But i would take profits in the 82 dollar mark for xom. I will look to enter drip puts for december as a high risk play at…

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    CombatWombat1915, WSB-Tendies-Mike and 2 others
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  • Trade plan for tomorrow.

    1. Indexes

    Short and sweet..I have qqq tapping the bottom a second time. QQQ at 311. From what i see the chart is telling me we are tapping it again one more time. From there should be the bottom. I will go long on qqq and spy calls.

    Apple

    1. Believe apple will follow the indexes lower and i believe we hit 353-354…

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  • Profile photo of Steve

    Steve posted a new post. 2 years ago

    2 years ago

    OP Wire 4/22

    The chairman of the Federal Reserve says interest rates may rise more quickly in the near future.  Jerome Powell said a 50 basis point hike…

    Mugg
  • Thursday trading plan
    1. TGT
    a. Looks to be at the top of the target area. 250 looks to be where I expected it to be this week. The 4 hour candle at the end of the day signals a possible a reversal from this area. Expect a drop to possible 241-245 area. So a possible short put play is in order especially if there is a weak open on it…

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    bacraziak, Mugg and 5 others
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  • Profile photo of Steve

    Steve posted a new post. 3 years ago

    3 years ago

    OP Wire After Hours 3/15

    The three main Wall Street stock indexes rallied on Tuesday, a day before an expected interest rate hike by the U.S. Federal Reserve, while oil…

    Mugg