The SPX closed negative on a long legged doji at the top of the move; this normally indicates indecision and may even be a sign of reversal….
#BuCS at the end. BTO May 3rd SPX 2415/2435 for $2.00
I’ll risk $1.00 on this trade, which possibly could make $18 if the SPX ends up at 2435 by May 3.
I don’t plan on holding it that long though. I may get out if tomorrow the market jumps again and it doubles in price. Low Probability big reward low risk trade.
#SPX Campaign; Jeff, I decided to get rid of my BeCS. With the President revealing the Tax Reform tomorrow I thought that the market may jump another bunch of points up again.
I’ll wait until the VIX give us the green light to get back in.
Took a little loss but nothing to write home about. Still up nicely for the week.
Closed TSLA and AMZN #BuPS for 50% profit to avoid Thu earnings.
BTC NFLX 135/125 BuPS for $0.59 Sold on Thu for $1.60
Tonight After the bell: V
Tomorrow before the Bell: HON, SLB, KSU, GE