07/16/2012 Live Update

[Cobra]

no sure if it's a Triangle, if so, then it's bullish biased. I'll be out for about an hour, back on 2pm ET.

[nicha]

AAPL anytime now... it's about 1:30PM ....zzzzzz

The suspense is killing me....

What is your basis for the blast off? Technical or the usual run up to earnings

viewtopic.php?f=2&t=611&p=84761#p84761

This should explain my perspective. I was essentially all in AAPL calls from friday...now just waiting for the final target ...but we're stalling and stalling...and stalling

I have been in AAPL calls since the 9th. Doubled down on Friday but the theta decay is killing me. I am still at even now!

[nicha]

AAPL anytime now... it's about 1:30PM ....zzzzzz

The suspense is killing me....

What is your basis for the blast off? Technical or the usual run up to earnings

viewtopic.php?f=2&t=611&p=84761#p84761

This should explain my perspective. I was essentially all in AAPL calls from friday...now just waiting for the final target ...but we're stalling and stalling...and stalling

I have been in AAPL calls since the 9th. Doubled down on Friday but the theta decay is killing me. I am still at even now!

[MrMiyagi]

I have been in AAPL calls since the 9th. Doubled down on Friday but the theta decay is killing me. I am still at even now!

Typically AAPL has a run-up to earnings. Maybe it will repeat this week too.

[TraderGirl]

GDOW...lagging....

[Hardy]

The premiums are way to high on the calls

[Cobra]

possible target. I'm not sure which way. wait.

[KeiZai]

I think first target will be enough for euro, inferred from price action second one is too optimistic

[Hardy]

I have been in AAPL calls since the 9th. Doubled down on Friday but the theta decay is killing me. I am still at even now!

Typically AAPL has a run-up to earnings. Maybe it will repeat this week too.

MrMiyagi you have any P bars today

[fehro]

moment of truth... pop? or reversal?

[MrMiyagi]

AAAAAAAAAAAAAAAAAAAAAAAANNNNNNNNNNNNNNNDDDDDD... here comes the selloff.

[OverUnder]

Hey Cobra, just checking in. Appreciate your work as always.

Apparently there was some rumor this morning about Bernanke talking about reducing some obscure interest rate at his testimony tomorrow, it really smells to me.

[nicha]

Unique - annoying premium burn on AAPL.

[Unique]

Unique - annoying premium burn on AAPL.

Still not a decisive breakdown...man this is fucking boring lol....I waited all day for some action

Looks like they wanna wait till last hour to tell us the REAL answer

----

BTW guys, 10AM Bernanke tomorrow ..

[MrMiyagi]

Signs as of now pointing to a green day tomorrow.

[Hardy]

Signs as of now pointing to a green day tomorrow.

I agree. No POWER HOUR today?

[lcgllc]

Cobra any chance that was close enough for dbl top 5min ES?

[MrMiyagi]

I agree. No POWER HOUR today?

It feels like a Muted Monday, I can't say for sure if this week will be rockin' but I think that we will be green for the most part BARRING BAD NEWS/REPORTS as GOOG reports (or should) on Thursday. They always report the evening prior to Expiry Friday.

[Cobra]

indeed it's triangle, so guess we'll have to wait triangle to resolve first.

[Cobra]

Cobra any chance that was close enough for dbl top 5min ES?

I read it as triangle.