It keeps going up. Bulls look like they are in control of th...
It keeps going up. Bulls look like they are in control of the market now. is it true? Based off fib count, pivot day is Thursday. Will we see a pullback or a sell off?
Do watch the video to find out what are the possible scenarios that might happen! There are 3 scenarios that might happen soon. As soon as this Friday we can find out where we are truly heading!
We found out through data that single stock options were very much skewed towards the call side whilst index options were skewed towards the put side. possible hedging done on index while calls bought on stocks.
As always trade safe and invest wise!
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MyDearQy : Timber! bearish scenario 1.
102235596 : Hi @@Investing 101made a huge loss on my puts for this week as I didn’t expect the squeeze to be this high and sustained.
Do u think it’s safe to enter more puts now with a later expiry, or do u think we should wait until Friday to get a stronger sense of where we go. It does seem like the bearish scenario 1 for now.
Investing 101 OP MyDearQy : scenario 1 is pullback then go new high lol
Investing 101 OP 102235596 : wait for Friday to see. scenario 1 is bullish, 2 is 1 more leg. 3 is bear market and we only just finished wave 1.
MyDearQy Investing 101 OP : Hey bro, I said bearish scenario 1, the one with one more bottom leg then fly to the moon lol
FortuneYongHuat MotleyJunks : I think he say before sqqq got no time delay but u do lose out on leveraged losses.
U need to increase higher % in order to break even an equal % decrease in sqqq prices
FortuneYongHuat FortuneYongHuat : Decay*
Investing 101 OP MyDearQy : ahh bearish scenario 1 haha okay
Investing 101 OP MotleyJunks : call put option for sure
Conger 81 Y W3 : lol... 1st comment?
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