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
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
At this hour, i will use every opportunity to sell
Forwarded from Options Scalping® (Sivakumar Jayachandran)
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 👍
Just read this message again... Volatility... Volatility... Volatility... If you can't handle please stay away
1.2 % ROI Done... Days like this is Where Small Traders are completely butchered. Stay light & Be careful. Easily you can blow your account
Now we need to see Longs Building Position in the next hour or so... Short Covering cant keep taking the market higher and they knew it. If not expect sudden sell off