There's a little intraday move down, I'm going to close the position in to that, I was hoping the B/A spread would tighten up a bit, still pretty wide.
I want to close options before any reversal or even loss of momentum and we are at a loss of momentum, I'd rather re-open them on a bounce and book the gains now.
I'm not sure what the final gain will be yet, but this is more than adequate for what I was trying to do in a quick trade.
intraday 1 min, NFLX looks as if it will lose intraday momentum and move sideways, the put premium will fall and I want out before then.
Is interest rates about to start going up?
-
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
No comments:
Post a Comment