The Official Options Thread - Page 143

Blazed · 06-27-2025, 01:51 PM

There's no way news with Canada moved this market like that. None lol

But that was a crazy dip

Blazed · 06-29-2025, 07:39 PM

Futures up

Short week with an early close Thurs and Friday holiday

Plan is to stay long going into FOMC (possible rate cuts) next month

That could change with confirmation or reversal signals

Might take the whole week off, have to see how Monday looks

Blazed · 06-29-2025, 09:13 PM

Quote:

Originally Posted by Blazed

There's no way news with Canada moved this market like that. None lol

But that was a crazy dip

Goofy Canada... folded like a lawn chair lol

Quote:

BREAKING: Canada has rescinded its digital services tax to advance US trade talks, which have now resumed, per Bloomberg.

lane121 · 06-30-2025, 08:25 AM

PMI at 9:45

SPX

Key Level 6200, (Gap @ 6187.68)

Strong OI at 6200/6205

That's all I'm really watching

Possible bounce around 6175 area

Blazed · 06-30-2025, 08:26 AM

Quote:

Originally Posted by Blazed

EOM flow Monday

EOM today. I'm expecting large swings throughout the day

SPX: 6200 key level > 6250 > 6265 / 6175 > 6150 > 6130 (gap @ 6187.6)

Blazed · 06-30-2025, 02:14 PM

Quote:

Originally Posted by Blazed

EOM today. I'm expecting large swings throughout the day

SPX: 6200 key level > 6250 > 6265 / 6175 > 6150 > 6130 (gap @ 6187.6)

SPX: 6175✅- now just watching to see if it can break and hold 6200 going into close

ajlaxmn · 07-01-2025, 07:03 AM

Exited my ENPH positions, $600 profit. Reason for exit, with 500+ days until expiration was due to the news over the weekend the senate bill did not cut back on the solar incentives cutbacks like original thought/reported, which drove the price up thur/friday.

Could still get cut back before bill signed, however I don't feel like getting caught up in that so took my profits and will look for next trade. Had I been down after weekend drop I would not have exited as my entry was too good to not take some profit from it, even if it meant holding for a couple months to recover. I will watch now and see how it unfolds, if it drops even further I will consider re-entry with LONG dated calls.

Blazed · 07-01-2025, 11:06 AM

Quote:

Originally Posted by ajlaxmn

Exited my ENPH positions, $600 profit. Reason for exit, with 500+ days until expiration was due to the news over the weekend the senate bill did not cut back on the solar incentives cutbacks like original thought/reported, which drove the price up thur/friday.

Could still get cut back before bill signed, however I don't feel like getting caught up in that so took my profits and will look for next trade. Had I been down after weekend drop I would not have exited as my entry was too good to not take some profit from it, even if it meant holding for a couple months to recover. I will watch now and see how it unfolds, if it drops even further I will consider re-entry with LONG dated calls.

Not sure what the stock will do but that's a good idea

With the current circus going on, you never know

Chips down because they're back to the "curbing sales talks"

Should smooth out soon

ajlaxmn · 07-01-2025, 11:14 AM

Quote:

Originally Posted by Blazed

Not sure what the stock will do but that's a good idea

With the current circus going on, you never know

Chips down because they're back to the "curbing sales talks"

Should smooth out soon

Watching TSLL for an entry if it can get down to $9, perhaps Trump v. Elon will help push it down there.

Had Target at $89 for leaps, couldn't push down there. Didn't get any BAH entry either, couldn't get to the level I wanted. Both are pushing up a little.

Blazed · 07-03-2025, 11:14 AM

Trimmed up some longer term call option positions

Still have some Dec 2026 calls that are free plays I will hold on to

Keeping all my equity positions - will hedge with puts if profit taking/reversal starts

Quote:

Originally Posted by Blazed

Watching for SPY 580 downside or if it breaks 602 this week we’re headed to ATH's

For now staying in all of my long positions and will add equity @ key areas if market sells off

Blazed · 07-07-2025, 08:14 AM

Just watching today

Check out the gamma on SPX, no reason stocks can't push higher

Trimmed up some options last Friday so that my remaining contracts were free plays and to lock in profits in the event of a reversal going into the tariff deadline

Still long until market says otherwise

SPX up coming targets: 6300 > 6330 and any type of good news > 6350

In the event of a reversal/profit taking/sell off no trade will be red after the trim last Friday

That's how you play options + equity for max gains

Blazed · 07-08-2025, 08:18 AM

Not trading today, holding positions as is

Still no reason for the market not to push up (check key MA's) after the profit taking is done as of now

SPX: 6250/60 key level(s) 6200 (6190 sup) > 6160 bottom > 6300 top (6275 res)

Fed rate cuts coming up, so breaking 6300 is do-able

Blazed · 07-10-2025, 08:00 AM

Still long, 6200 is holding

FOMC 29th & 30th

That's the next obvious catalysts, unless something happens in between now and then the market should stay in this range

Blazed · 07-11-2025, 07:53 AM

Quote:

Originally Posted by Blazed

Still long, 6200 is holding

FOMC 29th & 30th

That's the next obvious catalysts, unless something happens in between now and then the market should stay in this range

Volatility's back?

Knee jerk reaction to Canada news again

Just watching today

ajlaxmn · 07-13-2025, 09:04 AM

Have some levels marked on individual tickers, market though just stick in a range, wouldn't consider any P or C on SPY as I don't trust what news might come out (good or bad) that would drive it in either direction. Again I think market is waiting on Tariffs or Rate Cuts to make a move.

Still would enter C positions on some individual stocks I have market as they are daily levels that are 1-2 year lows.

Blazed · Yesterday, 08:12 AM

Watching 6250 today as the market will be opening right around that level - watching for a strong break below

Rate cuts don't look like they will be happening this month and inflation moved up a little yesterday

Break below 6250 with strength will give it a nice drop

Still staying long equity will be watching for a put play today

Blazed · Yesterday, 10:27 AM

Quote:

Originally Posted by Blazed

Watching 6250 today as the market will be opening right around that level - watching for a strong break below

Rate cuts don't look like they will be happening this month and inflation moved up a little yesterday

Break below 6250 with strength will give it a nice drop

Still staying long equity will be watching for a put play today

All done for the day - full exit here

Easy easy trade to see coming

If you caught flow you caught an easy $3k+ trade

06-27-2025, 01:51 PM	#3551
Blazed Member Join Date: Dec 2011 Location: Houston, TX Posts: 2,972 Blazed Blazed	There's no way news with Canada moved this market like that. None lol But that was a crazy dip __________________ Everyday you wake up you’re guaranteed a chance and a choice. What you do with them is up to you. Make it a great day, or not. The choice is yours 🫡

06-29-2025, 07:39 PM	#3552
Blazed Member Join Date: Dec 2011 Location: Houston, TX Posts: 2,972 Blazed Blazed	Futures up Short week with an early close Thurs and Friday holiday Plan is to stay long going into FOMC (possible rate cuts) next month That could change with confirmation or reversal signals Might take the whole week off, have to see how Monday looks __________________ Everyday you wake up you’re guaranteed a chance and a choice. What you do with them is up to you. Make it a great day, or not. The choice is yours 🫡

06-30-2025, 08:25 AM	#3554
lane121 Member Join Date: Jul 2011 Posts: 1,759	PMI at 9:45 SPX Key Level 6200, (Gap @ 6187.68) Strong OI at 6200/6205 That's all I'm really watching Possible bounce around 6175 area Last edited by lane121; 06-30-2025 at 08:27 AM.

07-01-2025, 07:03 AM	#3557
ajlaxmn Member Join Date: Nov 2009 Location: Turner, ME Posts: 7,237 ajohnbarker	Exited my ENPH positions, $600 profit. Reason for exit, with 500+ days until expiration was due to the news over the weekend the senate bill did not cut back on the solar incentives cutbacks like original thought/reported, which drove the price up thur/friday. Could still get cut back before bill signed, however I don't feel like getting caught up in that so took my profits and will look for next trade. Had I been down after weekend drop I would not have exited as my entry was too good to not take some profit from it, even if it meant holding for a couple months to recover. I will watch now and see how it unfolds, if it drops even further I will consider re-entry with LONG dated calls. __________________ Die hard Chargers Fan from the State of Maine. "Always with them negative waves"- Oddball "Uh-uh, I don't tip"- Mr. Pink

07-07-2025, 08:14 AM	#3561
Blazed Member Join Date: Dec 2011 Location: Houston, TX Posts: 2,972 Blazed Blazed	Just watching today Check out the gamma on SPX, no reason stocks can't push higher Trimmed up some options last Friday so that my remaining contracts were free plays and to lock in profits in the event of a reversal going into the tariff deadline Still long until market says otherwise SPX up coming targets: 6300 > 6330 and any type of good news > 6350 In the event of a reversal/profit taking/sell off no trade will be red after the trim last Friday That's how you play options + equity for max gains __________________ Everyday you wake up you’re guaranteed a chance and a choice. What you do with them is up to you. Make it a great day, or not. The choice is yours 🫡

07-08-2025, 08:18 AM	#3562
Blazed Member Join Date: Dec 2011 Location: Houston, TX Posts: 2,972 Blazed Blazed	Not trading today, holding positions as is Still no reason for the market not to push up (check key MA's) after the profit taking is done as of now SPX: 6250/60 key level(s) 6200 (6190 sup) > 6160 bottom > 6300 top (6275 res) Fed rate cuts coming up, so breaking 6300 is do-able __________________ Everyday you wake up you’re guaranteed a chance and a choice. What you do with them is up to you. Make it a great day, or not. The choice is yours 🫡

07-10-2025, 08:00 AM	#3563
Blazed Member Join Date: Dec 2011 Location: Houston, TX Posts: 2,972 Blazed Blazed	Still long, 6200 is holding FOMC 29th & 30th That's the next obvious catalysts, unless something happens in between now and then the market should stay in this range __________________ Everyday you wake up you’re guaranteed a chance and a choice. What you do with them is up to you. Make it a great day, or not. The choice is yours 🫡

07-13-2025, 09:04 AM	#3565
ajlaxmn Member Join Date: Nov 2009 Location: Turner, ME Posts: 7,237 ajohnbarker	Have some levels marked on individual tickers, market though just stick in a range, wouldn't consider any P or C on SPY as I don't trust what news might come out (good or bad) that would drive it in either direction. Again I think market is waiting on Tariffs or Rate Cuts to make a move. Still would enter C positions on some individual stocks I have market as they are daily levels that are 1-2 year lows. __________________ Die hard Chargers Fan from the State of Maine. "Always with them negative waves"- Oddball "Uh-uh, I don't tip"- Mr. Pink

Yesterday, 08:12 AM	#3566
Blazed Member Join Date: Dec 2011 Location: Houston, TX Posts: 2,972 Blazed Blazed	Watching 6250 today as the market will be opening right around that level - watching for a strong break below Rate cuts don't look like they will be happening this month and inflation moved up a little yesterday Break below 6250 with strength will give it a nice drop Still staying long equity will be watching for a put play today __________________ Everyday you wake up you’re guaranteed a chance and a choice. What you do with them is up to you. Make it a great day, or not. The choice is yours 🫡