Watching for consolidation at 3800 and 3700 level. Will continue holding Short Call position until reversal signs show back up. Will then go deeper into Short Puts.
/ES -- Live Options
Sold
Call @4400 July EOM @ 17.50 (7.25)
Put @3500 Juley EOM @ 15.50 (37.75)
/ES -- Live Options
Sold
Call @4400 July EOM @ 17.50 (7.25)
Put @3500 Juley EOM @ 15.50 (37.75)
Trade closed: stop reached:
Call Exited
Put still in play / holding
Market by way of "https://stockcharts.com/freecharts/dpgallery.html" appears oversold. Confidence in the market swung on CME to .75 @90+% confidence when market fell out and thus my assumption is that we go up as seeing this in the market as a good supportive move by the fed.
If I wasn't in this position would probably enter into buying a straddle to play the news.
Put still in play / holding
Market by way of "https://stockcharts.com/freecharts/dpgallery.html" appears oversold. Confidence in the market swung on CME to .75 @90+% confidence when market fell out and thus my assumption is that we go up as seeing this in the market as a good supportive move by the fed.
If I wasn't in this position would probably enter into buying a straddle to play the news.
