I'm thinking May 3rd/4th expiration and slightly in the money. I'll leave a little room to add just in case we get a pullback, a close today toward the lows with a gap up in the a.m. on overnight levitation would be an ideal scenario, especially if the close can hit a new intraday low and drag in new shorts.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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