tomerharyoffi

tomerharyoffi

The idea is to Sell Put Credit Spread 20/25 36 days out for 0.60c IV. 115

tomerharyoffi

I have a dream :) the gods appear in my dream ..... they told me 279.9 in the next couple of days.... can't wait.

tomerharyoffi

we can see that the price movement is getting tighter. which means 337-338 is acting as resistance. 3 times in the short past we hit the wall. it seems that someone is holding the market and perhaps the bulls are in command. (as much as I want to my UVXY position explode) this is not the case . for the upside I place my target 338.5 first resistance and then...

tomerharyoffi

Friday had its way to be extremely happy or hell for retailers. the killing machine continues to grind retails puts and continues slightly up. overnight can tell sometimes what's going to be next, it starts to form a new channel, currently, as I write those lines we are at the bottom of the channel 337.6 as it might want to win new high 338.5 first target for me...

tomerharyoffi

As we continue to grind up, it seems that 337 is where the bears getting some ammunition. IV is low and the UVXY is again under 11. I expect lower low. first target around the 21 SMA (blue line) and the bottom of my channel. let's see how that progress. yesterday was only machine VS retailers. killing both sides.

tomerharyoffi

I expect Lower low... but the 21 moving average can be a wild card for continuation

tomerharyoffi

AMEX:UVXY Start to accumulate some shares next target 15.75, 16.61, 17.42 above 15.8 will add more