Posted by
Message
Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
9276 posts

re: Tomorrow could be a rough one
Directions of the market based on futures always needs to wait until institutional money starts hedging in the morning premarket. Although you can get an idea overnight, all one needs to do is look at volume, and understand a lot of retail futures trading takes place outside of normal hours, becuase retail traders often have jobs.


stout
Arizona Fan
Hermosa Beach
Member since Sep 2006
138104 posts
 Online 

re: Tomorrow could be a rough one
Up 30% on my SNAP puts already


Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
9276 posts

re: Tomorrow could be a rough one
I just always have VIX calls for insurance, and every once in a while trade around them. So I shorted VIX all week this week, but I collect a huge VIX gain, which somewhat offsets my premium throughout the year. Very conservative philosophy. Conservative investors use margin and derivatives wisely. Works for me. I don't need a ot of day to day involvement, and this latest episode passed without tkaing much of my time. I did short JNK in dark pool as well. Again, an extremely conservative trade.


windshieldman
New Orleans Saints Fan
Member since Nov 2012
5792 posts

re: Tomorrow could be a rough one
Dayum, Twitter going off


TigeRoots
New Orleans Saints Fan
Member since Oct 2008
5043 posts

re: Tomorrow could be a rough one
Dayum, Twitter going off

Thanks, just opened a short position.


Replies (0)
Replies (0)
00
Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
9276 posts

re: Tomorrow could be a rough one
Ho Hum. Collect an insurnance settlement today. It just amazes me people insure their cars, but no their retirements. A good number of them seem to pay more attention to their cars than their retirement as well.


iknowmorethanyou
LSU Fan
Paydirt
Member since Jul 2007
6125 posts

re: Tomorrow could be a rough one
Only because they generally have to insure their cars. If it wasn't required, they likely wouldn't do that either.


Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
9276 posts

re: Tomorrow could be a rough one
Yeah. They will post to message boards and Twitter during the day, essentially theft of their employer's time, but won't take five minutes, log on to their 401K, and rebalance. I've literally been slaughtering those people in the markets this morning. It is what it is.


southernelite
McNeese State Fan
Dallas
Member since Sep 2009
49944 posts

re: Tomorrow could be a rough one
Testing that 2620ish line for the S&P and 24250ish Dow lows from the other day
This post was edited on 2/8 at 12:07 pm


Replies (0)
Replies (0)
00
TigeRoots
New Orleans Saints Fan
Member since Oct 2008
5043 posts

re: Tomorrow could be a rough one
quote:

Iowa Golfer


Care to share the moves you're making? If only briefly.


Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
9276 posts

re: Tomorrow could be a rough one
Rinse, wash, repeat. I have VIX calls for insurance. In times like this, I collect on my calim, and I shorted around that position the last three days. Even today spreading 32.5 / 37.5. Also shorted JNK. Someone is on the other side of those trades, others are on margin, and still others are forced to see other things I want. All three of those people are getting slaughtered by me today.

Things will settle down, they will soon be able to go back to posting on FB and Tweeting while they're supposed to be working shortly.


stout
Arizona Fan
Hermosa Beach
Member since Sep 2006
138104 posts
 Online 

re: Tomorrow could be a rough one
Time to buy puts against VXX?


wutangfinancial
LSU Fan
Dallas, TX
Member since Sep 2015
717 posts
 Online 

re: Tomorrow could be a rough one
(no message)
This post was edited on 2/8 at 1:38 pm


stout
Arizona Fan
Hermosa Beach
Member since Sep 2006
138104 posts
 Online 

re: Tomorrow could be a rough one


wutangfinancial
LSU Fan
Dallas, TX
Member since Sep 2015
717 posts
 Online 

re: Tomorrow could be a rough one
I just realized you said that after they reported. I thought you went long puts pre earnings lol my bad Stout


stout
Arizona Fan
Hermosa Beach
Member since Sep 2006
138104 posts
 Online 

re: Tomorrow could be a rough one
All good


Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
1937 posts

re: Tomorrow could be a rough one
You are then man bro


Replies (0)
Replies (0)
00
southernelite
McNeese State Fan
Dallas
Member since Sep 2009
49944 posts

re: Tomorrow could be a rough one
Anyone else having issues with Schwab? Getting an error


LSURussian
LSU Fan
Member since Feb 2005
107571 posts
 Online 

re: Tomorrow could be a rough one
Schwab's StreetSmartEdge is working fine for me.

Are you referring to Schwab.com?

ETA: I just signed onto Schwab.com with no problems.
This post was edited on 2/8 at 1:53 pm


LSURussian
LSU Fan
Member since Feb 2005
107571 posts
 Online 

re: Tomorrow could be a rough one
stout, this drop today is starting to get the feeling of capitulation.


Replies (0)
Replies (0)
00
Jump to page
Page 1 2 3 4 5 ... 10
Jump to page
first pageprev pagePage 2 of 10next pagelast page

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram