Boiler Room: The Official Stock Market Discussion

[Serious]

Leggo

Big week in the market.

Biggest thing is CPI premarket Thursday. Won't really be focused on too much otherwise during the beginning of the week.

Then the icing on the cake will be how the big banks report on Friday morning.

So if we're red Thursday, it could get even bloodier on Friday if the banks forecast some spooky shyt. I also think forecast from Black Rock(blk) could be telling about how to predict Friday.

As far as play I'm hoping we rally a bit, so I could load up on SQQQ, doubt it though. I have lot of money on the sideline ready for deployment. With that said if you're in margin, get rid of that shyt by the end of Wednesday.

There's just too much potential volatility out there.

One thing I keep coming across, is the notion that this market can't truly bottom until we hit 40+ on VIX....

Trend carefully breh and brehettes.

 

[BlaxOps]

I just checked on NIO... its in the $13s now. Man, I used to love this stock.

 

[chineebai]

aapl 138 level so far there's support. Huge breakdown if it cant hold this level. imo

 

[BlaxOps]

$NVDA hit $115. Take profits off the table!

 

[Serious]

Lets think for a second here.....

How quickly and fast could spy drop if the CPI numbers are bad or low enough.

We're already at a major resistance point.

But does anyone think in one trading day it could 320-340.

That type of rapid movement would definitely trigger the vix above 40....

 

[Slim]

Cathie asking the Fed to "Stop the count !"

The getting fried in the replies and QT.

 

[chineebai]

I bet ark is thinking damn let’s buy the dip.

 

[Rickdogg44]

Lets think for a second here.....

How quickly and fast could spy drop if the CPI numbers are bad or low enough.

We're already at a major resistance point.

But does anyone think in one trading day it could 320-340.

That type of rapid movement would definitely trigger the vix above 40....

Long Straddle late Wednesday for Friday expiration

 

[BreezyH]

Lets think for a second here.....

How quickly and fast could spy drop if the CPI numbers are bad or low enough.

We're already at a major resistance point.

But does anyone think in one trading day it could 320-340.

That type of rapid movement would definitely trigger the vix above 40....

in a day? from here? not a chance

 

[BlaxOps]

Lets think for a second here.....

How quickly and fast could spy drop if the CPI numbers are bad or low enough.

We're already at a major resistance point.

But does anyone think in one trading day it could 320-340.

That type of rapid movement would definitely trigger the vix above 40....

Doesn't the market mysteriously run up prior to cushion to drop? If I see that, then lotto puts could be taken when it gives it all back. Now if it keeps dropping until Wednesday - The skeptic in me would think the numbers will be favorable.

Who knows though - 99% sure I'll just watch until after the data comes out.

 

[Serious]

I bet ark is thinking damn let’s buy the dip.

Only thing they have been buying is roblox...

 

[chineebai]

Only thing they have been buying is roblox...

brought some 10/21 $34 puts on RBLX.

 

[lib123]

Doesn't the market mysteriously run up prior to cushion to drop? If I see that, then lotto puts could be taken when it gives it all back. Now if it keeps dropping until Wednesday - The skeptic in me would think the numbers will be favorable.

Who knows though - 99% sure I'll just watch until after the data comes out.

Whenever this many retail investors are betting on something happening, usually the opposite happens. This is screaming Bear Trap.

 

[chineebai]

Whenever this many retail investors are betting on something happening, usually the opposite happens. This is screaming Bear Trap.

then the best edge is selling covered calls against the pop then buy back after a drop.

 

[BreezyH]

Doesn't the market mysteriously run up prior to cushion to drop? If I see that, then lotto puts could be taken when it gives it all back. Now if it keeps dropping until Wednesday - The skeptic in me would think the numbers will be favorable.

Who knows though - 99% sure I'll just watch until after the data comes out.

Wouldn’t call it mysterious. Everyone who successfully shorted takes some off ahead of a major event. The rest buy in an attempt to frontrun a satisfactory number. so basically the run up prior to events is just positioning