Hawk 5:42 pm on Thursday, August 22, 2024

SPX hourly chart

First sell signal (down white arrow) on the hourly chart since that crazy week, first sell or buy signal for that matter.

RSI divergence had been cooking for 2 days before today, similar to the peak in early July.

Jeff 2:38 pm on Thursday, August 22, 2024

Bearish engulfing

That’s what you call today’s candle, since it fully engulfs yesterday’s green candle. Could signal the uptrend is ending or waning.

Option Iceman 1:01 pm on Thursday, August 22, 2024

SPY Expiration

1 SPY 08/22/2024 568/565 Bear Call Spread (sold today)

Jeff 12:19 pm on Thursday, August 22, 2024
Tags: spx0dte ( 421 )

SPX 0-dte for 8/22/24

#SPX0dte. Pretty glad I had to be out today, otherwise I would have traded soemthing this morning and taken a loss. Now I’m trying for a scalp at day’s end: Sold to Open Aug 22nd 5555/5575-5580/5600 condors for 8.00.

Option Iceman 11:30 am on Thursday, August 22, 2024

SPY Calls

Sold 1 SPY 08/23/2024 570/565 Bear Call Spread at $0.24 Credit

Option Iceman 11:27 am on Thursday, August 22, 2024

SPY Puts

Sold 1 SPY 09/06/2024 465/515 Bull Put Spread at $0.33 Credit
Adding to my long term SPY Put Ladder

walter6871 7:27 am on Thursday, August 22, 2024
Tags: Dividends ( 101 ), ShortPuts ( 4,763 ), smallbuy ( 88 )

TQQQ QDTE XDTE

#smallbuy
#dividends
BOT QDTE @43.05
BOT XDTE @52.39
–
#shortputs
Sto VERTICAL TQQQ 23 AUG 2024 68/64 PUT @.24
Thanks for idea @optioniceman

Option Iceman 7:26 am on Thursday, August 22, 2024

VXX TQQQ

Sold 1 VXX 08/23/2024 70/53 Bear Call Spread at $0.24 Credit
Sold 1 VXX 08/23/2024 68/55 Bear Call Spread at $0.18 Credit
Sold 1 VXX 08/23/2024 65/55 Bear Call Spread at $0.16 Credit

Sold 1 TQQQ 08/23/2024 62/66 Bull Put Spread at $0.28 Credit