Loading ...Booked some green on the Jan 16, &17 strikes. Lost on the 18’s. Started layering in some Jan 16 Puts and hoping to add to those in the next day or three. The calls served me very well lets see if my trading nose can work on the puts.
Six more trading days before option expiry and if the banksters act as they normally do they will be instigating a smash down before or on Nov 28. The miners are looking pretty anemic at this point, so als0 added more JDST as insurance policy if they continue their downward bias.
But who the hell knows? I feel like I am in a game of craps and the dice are loaded. We’ll see how it turns out.
Was doing a google search this morning trying to find information on how the PM’s normally do the week of Thanksgiving. Had no luck, and wish I had doing been a better job over the past 10 years of making notes. Any of you have any insight I would appreciate your sharing here at the Oasis. Did find an article that says the General Markets do well that week for those interested. Little dated since published in Nov 2011, but a good chart with 40+years of data.
Trading The Market During Thanksgiving Week
https://seekingalpha.com/article/309414-trading-the-market-during-thanksgiving-week
Best to all from Farmboy who has gone over to the Dark Side. 🙂 But just for a week or so.