Get started
S&P 500 E-mini Futures
Short

ES1! Continues down

By Brodeur
Updated
Watching for consolidation at 3800 and 3700 level. Will continue holding Short Call position until reversal signs show back up. Will then go deeper into Short Puts.

/ES -- Live Options
Sold
Call @4400 July EOM @ 17.50 (7.25)
Put @3500 Juley EOM @ 15.50 (37.75)
Trade closed: stop reached
Call Exited
Put still in play / holding

Market by way of "stockcharts.com/freecharts/dpgallery.html" appears oversold. Confidence in the market swung on CME to .75 90+% confidence when market fell out and thus my assumption is that we go up as seeing this in the market as a good supportive move by the fed.

If I wasn't in this position would probably enter into buying a straddle to play the news.
S&P 500 E-Mini FuturesSPX (S&P 500 Index)Trend Analysis
Brodeur

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.