
Options
Traded Value$SPDR S&P 500(SPY.US)
Today's opening price was $688.170,
The options ready to be opened are $SPY 251212 689 Put(SPY251212P689000.US)
and $SPY 251212 688 Call(SPY251212C688000.US)
$SPY 251212 689 Put(SPY251212P689000.US) opened at $1.82,
$SPY 251212 688 Call(SPY251212C688000.US) opened at $1.53;
At the opening today, the Put/Call IV provided by Longbridge's options calculator was 11.60%/12.50%,
01:04 pm was 19.50%/11.80%;
The amplitude ranged from 0.17% at 09:44 am to 1.41% at 04:04 pm;
$SPY 251212 689 Put(SPY251212P689000.US)
The opening felt directionless,
TraderTVShawn is bearish,
SPX000 is bearish,
My plan is to decide the direction based on Flowtopia's Wave data,
Didn't prepare support/resistance levels pre-market,
09:57 am $1.80 => 12:00 pm $8.40,
Actually, if I had prepared pre-market,
Knowing yesterday's big rise might lead to a pullback today,
Overnight judgment of possible new highs solidified my thinking,
$SPY 251212 688 Call(SPY251212C688000.US)
10:37:40 am $0.46 => 10:51:08 am $0.31,
This was the result of rushing to open positions, the actual data didn't support bullish ideas,
$Direxion Daily TSLA Bull 2X Shares(TSLL.US)
12:00:54 pm $19.0300 => 12:09:33 pm $19.1238,
Double bottom entry was correct, position was good too,
12:18:55 pm $19.3880 => 12:25:24 pm $19.3207,
First order's take profit was set at $19.600,
Reached at 12:49 pm,
Watching the screen creates panic,
Exited on slight pullback,
Later, unwilling to accept, opened positions again,
Result was worrying about profit erosion and manually closing positions.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.






