OptionRunners Market Analysis & Journal

[OptionRunners]

Hey everyone, I'm new to the site here. :clap:

I'm a full time trader, and have my own site, . I mainly swing trade options, or prefer swing trading I should say. I day trade quite a bit too.

I'll be posting my market analysis, trades, and ideas.


😉

 

[OptionRunners]

Bought AGO 11x August puts at .26 for earnings tonight. Just a small position, treating it as a lotto.

 

[OptionRunners]

I am also holding SPRD 22x August calls at .65 from a couple of days ago. Holding for earnings today, again small position treating it as a lotto play.

 

[OptionRunners]

Bought BMY August 32x calls at .26

 

[OptionRunners]

Haven't posted on t2w in a long time, gonna try to update this thread from now on 🙂

 

[OptionRunners]

S&P bounce target at 1643 - 1645 for tomorrow. Weekly is still bearish, so expecting any bounce to fail right now.

 

[OptionRunners]

S&P bounce target at 1643 - 1645 for tomorrow. Weekly is still bearish, so expecting any bounce to fail right now.

S&P getting that bounce. At 1640 now, coming up on big resistance here.

 

[OptionRunners]

So far S&P tagged resistance perfectly just above 1641 and pulling back now. Back under the daily 100 ma.

 

[OptionRunners]

S&P finished well below the daily 100 ma today. Still bearish going into next week and September.

Even though I'm bearish on the markets I'm going to be going long on GT tomorrow. Lots of bullish flow into the options lately and it's breaking out. Hasn't been affected by the recent market pullback either. In fact its been making new 52 week highs.

 

[OptionRunners]

Futures completely reversed this morning. SPY is making new lows pre market and should test the weekly lows soon. I think the markets will be finishing near the lows for the week, which will lead us lower into September.

 

[OptionRunners]

Markets failing to hold gains again here. 30 minutes left, S&P may turn red soon.

 

[OptionRunners]

Picked up some puts on HLF

 

[OptionRunners]

Picked up some puts on HLF

Out 1.43 to 1.62

 

[OptionRunners]

SPY weekly currently below the 20 ma. Looking for a close below it with room down to 159.50 - 160

 

[OptionRunners]

SPY downside target to about 161.75 next week and bounce back from there back to about 164.

 

[OptionRunners]

Picked up some puts on FDO. Confirmed a top on the weekly, potential bearish reversal on the daily.

 

[OptionRunners]

Picked up some puts on FDO. Confirmed a top on the weekly, potential bearish reversal on the daily.

Sold FDO 1.20 to 1.30 on my puts. Spreads/liquidity sucks on it, not going to trade this thing again.

 

[OptionRunners]

Long MRO

 

[OptionRunners]

Long MRO

Out MRO .51 to .60 on my calls

 

[OptionRunners]

Long GOOG