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$QQQ 241217 533.00P$ wasn't far off! I'll take profit at 530...

$QQQ 241217 533.00P$ wasn't far off! I'll take profit at 530ish depending on what the market does.
wasn't far off! I'll take profit at 530ish depending on what the market does.
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  • 70141151 : Think the maximum is 533 to reach Futures support.

  • WarlockofWallstreet OP 70141151 : anything is possible, I never have a solid number in mind. Works against me, hahaha. I just play what I see. there is liquidity for grabs below, so it could be a quick spike down and back up. somebody is loading on these, tho

  • 70141151 WarlockofWallstreet OP : Yes, for the short side, it rarely rebounds after reaching support. Nine out of ten times, it bounces directly by a small margin to one yuan. Too much has been put into this. There are rarely paying moments. Can only slowly add positions bit by bit.

  • WarlockofWallstreet OP 70141151 : you're right. It never stays down for long. I wouldn't trust holding puts longer than needed. It can backfire on you badly. calls have been pretty sure bet for a while now. if I do, puts it's on small moves, holding anywhere from 3 minutes to a maximum of a few hours, and you have to watch it like a hawk lol