🐋 alert: Someone made a major long position. Is this the smart money entering the markets?
Thesis: Someone has made a massive long position in the markets which must've triggered several sell orders after a gap up opening in the markets. I have purchased some calls for the next expiry now. Let's see how it pans out. What do the rest of you think? What is up with the markets because I am in deep green over the last couple of weeks.
Jordon Hyrum
Stealth
7 months ago
Whatever happened yesterday was for option players. Just look on twitter how many people lost 15-20% of capital.
Gap up happened CE writers run for cover.
Move fades away , PE writers run for cover.
Market bounce back and CE writers run for cover.
Not once my Bank nifty Index fut trade hit any trailing SL.
On an index level I expect a lot of shakeouts and less momentum.
Positional Index fut trade is going to be very rewarding i feel.
Also to each of its own but lower TF trading should be avoided in this market. By base TF is hourly with combination of daily.
Interesting analysis.
You have a lot of knowledge about FUT and OPT which is very rare in Grapevine. You should share more knowledge here.
Which industry do you work in btw? Just curious to know.
FUT trading and the capital requirement is much heavier than OPT so I suspect very few people take these FUT trades in retail segment. But I like the way you are thinking.
- I usually like having a 15min time frame to skim through charts once and see what is going on. I usually take trades on daily time frame for Swing positions.
See more comments
