OceansWave
Markio1315
OP
:
Many forgot the factor of a sell off if the Major indices hits all time high.. the Xmas rally is in last week of Dec.. not now.. yesterday was just an opportunity given by Powell… but subsequent day will always be a sell off.. why not get the profit and run first..
razo2
:
tomorrow will be worse. lol. this is clearly a mechanical market based on options. you buy puts 0dte, they rally the market; you buy calls 0dte, they sell the market. meanwhile putting premiums so high you need 3 to 5% moves to even make any profits either sides. the house wins.
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More
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Jan 23 16:54
MicroStrategy Q4 2024 earnings conference call
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OceansWave : Think carefully before buying.. tomorrow many options expire… 5 trillion worth.. lol
Markio1315 OP : I only day trade.. won't bag hold
OceansWave Markio1315 OP : Many forgot the factor of a sell off if the Major indices hits all time high.. the Xmas rally is in last week of Dec.. not now.. yesterday was just an opportunity given by Powell… but subsequent day will always be a sell off.. why not get the profit and run first..
Markio1315 OP OceansWave : I agree that's y I caution ppl here don't chase the high. Smaller timer frame bullish, should have a short pump.
Markio1315 OP : Funds will start rotating out from big tech to housing and cyclical. Just look at those solar stocks
razo2 : tomorrow will be worse. lol. this is clearly a mechanical market based on options. you buy puts 0dte, they rally the market; you buy calls 0dte, they sell the market. meanwhile putting premiums so high you need 3 to 5% moves to even make any profits either sides. the house wins.