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Tomorrow could be a rough one

Posted on 2/7/18 at 6:19 pm
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167089 posts
Posted on 2/7/18 at 6:19 pm
Jobs report comes out

Auction of $16 billion in 30-year bonds

A budget deal that raises the spending cap by $300 billion

Futures fair value hovering around -200 points currently



What are your moves for the day if so?

I'm thinking of buying puts against SNAP after their rise today.
Posted by KillTheGophers
Member since Jan 2016
6209 posts
Posted on 2/7/18 at 6:32 pm to
Posted by LSURussian
Member since Feb 2005
126942 posts
Posted on 2/7/18 at 7:18 pm to
Futures now down only -134. Rally time!
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 2/7/18 at 7:25 pm to
This is how it was last night too. Started down big then slowly came back.
This post was edited on 2/7/18 at 7:26 pm
Posted by LSURussian
Member since Feb 2005
126942 posts
Posted on 2/7/18 at 7:46 pm to
Now down -233.
Posted by southernelite
Dallas
Member since Sep 2009
53151 posts
Posted on 2/7/18 at 7:46 pm to
I like the idea of SNAP puts. Still think SNAP isn’t going anywhere.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167089 posts
Posted on 2/7/18 at 7:49 pm to
I am scared today was a bull trap. I hope I am wrong but it's like a perfect storm of shite happening right now.

Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167089 posts
Posted on 2/7/18 at 7:51 pm to
quote:

I like the idea of SNAP puts. Still think SNAP isn’t going anywhere.





Me too. No way they can maintain their 47% gains from today. It was a crazy overreaction to a subpar earnings call.
Posted by LSURussian
Member since Feb 2005
126942 posts
Posted on 2/7/18 at 7:53 pm to
quote:

I am scared today was a bull trap. I
Yesterday you & I both said we thought there was another down leg to go.
Posted by GREENHEAD22
Member since Nov 2009
19582 posts
Posted on 2/7/18 at 8:16 pm to
I am hoping on it, I have some GTCs in I would like to hit.
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48888 posts
Posted on 2/7/18 at 8:22 pm to
Definitely more dropping to happen
Posted by GREENHEAD22
Member since Nov 2009
19582 posts
Posted on 2/7/18 at 8:29 pm to
Definitely, I think we will be seeing a lot more volatility coming. Going back and comparing norms to the past 24 months or so and you will see we are way over due for some.
This post was edited on 2/7/18 at 8:30 pm
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 2/7/18 at 8:47 pm to
Based on the consensus on the board, my prediction is that it’ll skyrocket
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22233 posts
Posted on 2/7/18 at 8:56 pm to
quote:

Now down -233.
Happy hour kicked in....
Posted by LSURussian
Member since Feb 2005
126942 posts
Posted on 2/7/18 at 9:07 pm to
Happy hour must be over. Now down -149. Better.....
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167089 posts
Posted on 2/7/18 at 9:34 pm to
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
12788 posts
Posted on 2/7/18 at 9:41 pm to
quote:

I like the idea of SNAP puts. Still think SNAP isn’t going anywhere.




I like the idea of SNAP if I keep losing money.
Posted by Chuker
St George, Louisiana
Member since Nov 2015
7544 posts
Posted on 2/7/18 at 11:33 pm to
quote:

I like the idea of SNAP puts. Still think SNAP isn’t going anywhere.




I'm going to be eligible for SNAP benefits if this market keeps tanking.
Posted by ell_13
Member since Apr 2013
84943 posts
Posted on 2/8/18 at 6:11 am to
It has been tanking?
Posted by southernelite
Dallas
Member since Sep 2009
53151 posts
Posted on 2/8/18 at 7:25 am to
Dow futures up 100 now
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