TRADING WEEK JUN 13TH-JUN 17TH

TRADING WEEK JUN 13TH-JUN 17TH

No alt text provided for this image

The intraday trading ranges for SPY last week were 6.06, 8.61, 5.44, 10.30 and 6.03. That was okay but not great. The hi-lo for the week was 26.86. That was great. When any big number disappoints it's look out below. Even if there is not a recession on the horizon the rising interest rates, due to inflation, make bonds an enticing investment. That wasn't true for fifteen years. There should continue to be volatility as a result of the new paradigm. On the 14th PPI comes out at 8:30am ET. If it is worse than the CPI then new lows will be tested. The following day the FOMC statement will be released at 2:00pm ET, followed thirty minutes later by Jay Powell's press conference. Housing Starts come out at 8:30am ET on the 16th, followed ninety minutes later by the Leading Economic Indicators. ORCL releases earnings after the closing on the 14th, followed the next morning by the release of KR earnings. The SPY 17Jun 390 straddle was a juicy 13.25. You cannot not buy it, in spite of its fat price.

要查看或添加评论,请登录

Dan Keegan的更多文章

  • TRADING WEEK MAR 17TH-MAR 21ST

    TRADING WEEK MAR 17TH-MAR 21ST

    The volatility is not stopping. The intraday trading ranges for SPY last week were 13.

  • TRADING WEEK MAR 10TH-MAR 14TH

    TRADING WEEK MAR 10TH-MAR 14TH

    The volatility just keeps expanding. The intraday trading ranges for SPY last week were 17.

  • TRADING WEEK MAR 3RD-7TH

    TRADING WEEK MAR 3RD-7TH

    It was certainly a volatile week. The intraday trading ranges for SPY were 6.

    3 条评论
  • TRADING WEEK FEB 24TH-28TH

    TRADING WEEK FEB 24TH-28TH

    The four day week wasn't packed with plenty of excitement over the first three days. The intraday trading ranges for…

  • TRADING WEEK FEB 17TH-FEB 21ST

    TRADING WEEK FEB 17TH-FEB 21ST

    The market keeps marching higher in spite of the initially bad news from the CPI release Wednesday morning. The relief…

  • TRADING WEEK FEB10-14

    TRADING WEEK FEB10-14

    This past week was good for both positive and negative gamma positions. The intraday trading ranges for SPY were 9.

  • TRADING WEEK FEB 3RD-FEB 7TH

    TRADING WEEK FEB 3RD-FEB 7TH

    Last week SPY opened up over 13 points below where it closed on Friday due to Deep Seek. There were plenty of scalping…

    1 条评论
  • AAPL EARNINGS PLAY

    AAPL EARNINGS PLAY

    Yesterday I bought the MSFT 21Feb25-31Jan25 440 call time value spread for 3.10 and got out of it this morning for 1.

    2 条评论
  • META EARNINGS PLAY

    META EARNINGS PLAY

    META is reporting earnings after the close. The META 21Feb25-31Jan25 445 call spread can be bought for 3.

  • TRADING WEEK JAN27TH-JAN31ST

    TRADING WEEK JAN27TH-JAN31ST

    The four day week was not exactly a roller coaster ride. The intraday trading ranges were 4.

    2 条评论

社区洞察

其他会员也浏览了