Options Scalping®
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Good Morning Team, Expect another day of Volatility on cards & most importantly we are gonna be seeing whipsaw moves which is gonna be making Traders go crazy. Looking at Presidential Debate it was similar to some of the news debates, where Moderator doesn't have an control on the candidates... More so as I type Dow Futures fell 150 points in one Tick... So, that's what you can expect today. This is the first round of debates, Expect another 2 more rounds in the coming days. Until elections Expect these volatility to play & be very careful with your trade plan. I would definitely try to stay away until the volatility subsides... Happy Trading 👍
Early Clues are clearly 21500 CE is been dominated by the Writers
Clearly there's a Supply when Market wanted to go higher at this juncture & Dow Futures not helpful... But will wait for another fall in 15 mins
Once 21K is taken out... we may see big fall
21 K PE writers will hope for Dow reversal... as this doesn't look good
Great to see IVs jumping on PE, which is a good sign for Buyers