Ramie 2:57 pm on Friday, January 26, 2018

Options Expiration for Jan 26

$AMZN Jan 26 1255 puts
$BA Jan 26 350 calls
$BA Jan 26 355 calls
$BA Jan 26 330 puts
$BA Jan 26 310 puts
$FB Jan 26 172.50 puts
$SVXY Jan 26 110 puts

No assignments.

At some point this WTF market has to pull back. Maybe when it gets to Jeff’s 2900 level. 🙂

Have a great weekend everyone.

Mike 3:14 pm on Friday, January 26, 2018

Wouldn’t it be better for the market to keep going forever? 🙂
- Ramie 4:11 pm on Friday, January 26, 2018
  
  Depends. If you’re an options seller, this low volatility environment is terrible for generating returns. No great opportunities to make money. So we need volatility in the markets to be able to sell stuff. Many of us also have short delta into this up move that gets harder and harder to manage. I wouldn’t mind a pullback of maybe 100 points (that’s only around 3%) but I promised Jeff I would root for 2900 before the pullback so I’m on board but we only have 28 more points to go.
  
  So to answer your question, yes I would love for the market to go up forever but sprinkle in some healthy pullbacks every couple of months so we can sell premium and that should work well. 🙂
  - fibwizard 5:13 pm on Friday, January 26, 2018
    
    2898 on spx
    2890 on ES

Leave a Reply Cancel reply

s: search
c: compose new post
r: reply
e: edit
t: go to top
j: go to the next post or comment
k: go to the previous post or comment
o: toggle comment visibility
esc: cancel edit post or comment