Thanks again for the Video Pete, what market neutral options are available to those that trade stock? I plan on taking my shorter swings/ overnight trades off, and as you say be in cash and wait and see mode until we get a direction. Thanks!
Thank you, Pete! Loved the straddle idea and the encouragement to slow down and think the trades through more carefully. I'm looking forward to a move this week. The low-volume float up really started testing my patience last week, and I ended up taking stupid lottos on Friday.
Pete, just an interesting observation that speaks to market structure, positioning, and market reflexivity: The 2020 crash began in earnest on the Monday after Feb OpEx (despite our awareness of the issues in China). Market bottomed the Monday after Mar OpEx.
Interesting pick, Pete! I actually went long on a $JPM Feb 28 CDS because I noted weak pullbacks on Jan 22 & 24 had relatively lower volume. Given the news you mentioned for this week, I will likely take profits before Thursday. I’ll keep an eye on it after the potential moves take place. Thanks as always for sharing your insight.
Great video as usual. Just wanted to see what your point of view is on cvna? It roared back up! I'm still bearish ( no position), hopefully it goes down with the market.
Great stuff, thank you. The concept of generating trade ideas makes a lot more sense to me now (as opposed to just looking through a list of charts a scanner spat out). Appreciate the detailed market overview as well, it's early days for me and I had not reached the same conclusion at all. Learned a lot here, I think.
@OneOption 100% the plan! I'm going through the RDT wiki currently to get more understanding before I take the trial so I can get the most out of it. I'm fully expecting it will be the first paid tool in my kit when the time comes 🙂
Hello Pete, thanks for the insight as always...a few questions: if i don't do options, is day trading with small size until Wednesday news are over, the best choice? what are you thoughts on meme stocks? i dont mean low float 1 dollar stocks(i read the system, so i know your stance on them is staying away from them), but stuff like MSTR, TSLA,CVNA, etc... where 10 bucks move on a day are commonplace.
I suggest having your bullish and bearish stocks picked out ahead of time. Set alerts and wait for the reaction. If there is a big move you don't want to be messing around adjusting positions. You want to be focused on trading the move.
Another great video thank you for taking the time to make these! Are you giving any weight to Trump’s demands to cut rates? Or do you believe the fed will remain hawkish and follow their initial guidance?
Well shit… as of 9:30 est it looks like we ARE getting a pretty big move on the open. Such a good idea and good analysis in this video, would be such a shame if conditions don’t permit me to try it out lol.
Thank you Pete, this looks like an excellent trade and thank you for walking us through the historical research. I am already long VXX an it is making me a bit nervous but your trade looks like a much lower risk one.
....You're single handedly changing lives with these videos
i like that you reviewed the historical falls, we can learn a lot from what was ur thinking back then
Nice to see some options trading & research. Would love to see more, Thanks Pete.
Love the step by step process.
Please leave your comments and questions.
Thanks again for the Video Pete, what market neutral options are available to those that trade stock? I plan on taking my shorter swings/ overnight trades off, and as you say be in cash and wait and see mode until we get a direction. Thanks!
Good vid, Pete. Very nice summary of current conditions.
Thank you, Pete! Loved the straddle idea and the encouragement to slow down and think the trades through more carefully. I'm looking forward to a move this week. The low-volume float up really started testing my patience last week, and I ended up taking stupid lottos on Friday.
thank you
Haven't done straddles before but this was a really helpful video and I loved how you thought through the trade and gave me ideas for future trades.
I'm glad it helped. Look for those "windows" were there is a lot of news.
& Wednesday is Chinese New Years Day - Year of the SNAKE!
Yes, they have a few days of banking holiday.
Pete, just an interesting observation that speaks to market structure, positioning, and market reflexivity: The 2020 crash began in earnest on the Monday after Feb OpEx (despite our awareness of the issues in China). Market bottomed the Monday after Mar OpEx.
Interesting pick, Pete! I actually went long on a $JPM Feb 28 CDS because I noted weak pullbacks on Jan 22 & 24 had relatively lower volume. Given the news you mentioned for this week, I will likely take profits before Thursday. I’ll keep an eye on it after the potential moves take place. Thanks as always for sharing your insight.
Great video as usual. Just wanted to see what your point of view is on cvna? It roared back up! I'm still bearish ( no position), hopefully it goes down with the market.
The bounce was too tall. There are buyers and it is not ready to roll over right now.
Great stuff, thank you. The concept of generating trade ideas makes a lot more sense to me now (as opposed to just looking through a list of charts a scanner spat out). Appreciate the detailed market overview as well, it's early days for me and I had not reached the same conclusion at all. Learned a lot here, I think.
Learn, learn, learn. Take the free trial and read my course. It will help. www.oneoption.com
@OneOption 100% the plan! I'm going through the RDT wiki currently to get more understanding before I take the trial so I can get the most out of it. I'm fully expecting it will be the first paid tool in my kit when the time comes 🙂
Hello Pete, thanks for the insight as always...a few questions:
if i don't do options, is day trading with small size until Wednesday news are over, the best choice?
what are you thoughts on meme stocks? i dont mean low float 1 dollar stocks(i read the system, so i know your stance on them is staying away from them), but stuff like MSTR, TSLA,CVNA, etc... where 10 bucks move on a day are commonplace.
I suggest having your bullish and bearish stocks picked out ahead of time. Set alerts and wait for the reaction. If there is a big move you don't want to be messing around adjusting positions. You want to be focused on trading the move.
What about a 262.5/267.5 strangle offered at ~$2.70 instead? Basically the same breakeven points but less capital outlay
Sure. Structure the trade to your liking.
Another great video thank you for taking the time to make these!
Are you giving any weight to Trump’s demands to cut rates? Or do you believe the fed will remain hawkish and follow their initial guidance?
The Fed doesn't take orders from the president.
Pete is the only one around telling us to be cautious this whole run up. Look at future now 😅😅. This guy knows his shit.
Well shit… as of 9:30 est it looks like we ARE getting a pretty big move on the open. Such a good idea and good analysis in this video, would be such a shame if conditions don’t permit me to try it out lol.
If you think volatility will go up, why not just go long with VIX?
If the market goes up VIX will drop and I will lose money. With this trade if the market goes up, I will make money.
Thank you Pete, this looks like an excellent trade and thank you for walking us through the historical research. I am already long VXX an it is making me a bit nervous but your trade looks like a much lower risk one.