Looks like the market made new highs!!! In the end, as I expected, the market did make new highs before going under 2800 ?. I’m bummed I missed it. This post is going to be a brief version of the normal post with only the open interest charts due to family being in town for...
Last week was insanely choppy; however, SPX did see its highest level since the end of January. The end of the week gave back a lot so it’s hard to make an argument for either bulls or bears on a very short term basis. There is definitely a slow trend higher, but it’s not one...
Pretty good week given how choppy it was. Our biggest accomplishment was staying patient the first part of the week and then being more aggressive on (Thursday) the one day that things moved well. It’s a lot harder to be aggressive on a trending day if you already have a ton of bad trades on....
SPY OPEX + Mon & Wed Open Interest for Week 8/13/18
Last week SPX saw a level it hasn’t seen since the first month of the year. There was only one pin last week; however, it’s important to note that none of the large levels of either puts or calls were violated. Monday and Friday weren’t perfect pins, but they did fall within the large heavily […]
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