Bought Ford puts today. Their earning reports are coming out today and going to be bad, question is will it be worse than expected. They’re cheap right now so not a big hit if It keeps ramping.

This post was edited by obisent on Apr 28 2020 08:11am

Entered spy calls

Target 293

Sold ford puts at +50%, prob be worth more post earning but I’ll lock in quick profit since it can go either way with the high volatility.

This post was edited by obisent on Apr 28 2020 09:33am

playing with fire lol

look at 1 year chart

288-89 is a level of support/resistance and it hastily got rejected below it.

No one has a crystal ball but imo dangerous to be buying at this level, i'd much rather be short for a short term trade.

Bro

278 huge resistance
283 huge resistance
289 huge resistance

Today’s pattern and volume is identical to when it fell to 278 then held above 283

Longterm short for sure, none of this is sustainable. Short term I think this is being pumped

I cashed out my DIS and SPY puts. Made money on both but SPY gains were minimal as my limit buy didn't hit in the am.

Spy 293 call expire next week

Spy 240 put expire 7/2020

Market moves definitely got harder, for me at least. Back in February/March you could take any short position or just buy the dip and make $. Now it’s all over the place with the fed trying to prop it up.

DCA down has yielded me some ok gains now. I'm now waiting for a second dip.

Everything up nice. Probably re enter my spy/dis puts today