Cobra's Market View

Buying or selling here? I'm sitting on the latter for various reasons. We might see a decent air pocket here this afternoon.

Done you say???? haahahaaaaaa

Time to get short in size here. Some big block sell programs hitting the tape last two days.

One more for the road...

BullBear52x wrote: ↑Fri Mar 01, 2024 4:01 pm I am so itching to short this market, but not yet, Patience, react, don't predict. It will come when the least people expecting.

I'm not sure anyone expecting it now. Agree with the patience advice, 60 day window puts are looking very attractive at these low VIX levels.

Watch for the rug pull. Seeing a lot of strange options activity today.

$VIX & $$$ telling a story here. Someone is loading up on protection.

$VIX Green, $SPX Green. Anticipating an interim top here. Looking for a retracement to the breakout.

Cobra wrote:2 interesting charts twitter just pushed to me:

What do you make of this?

Watching Semi's here to see how this plays out.

Many very's followed by many !!!!

This market is way overdone, watching the VIX right now, probably a good opportunity here in next few days.

$VIX green & $SPX green, traders know that means....

Can the US Treasury drain a trillion dollars out of the system while M2 continues to shrink without causing a ripple in the stock market? The narrative is that it (stock market) will come down next week as Treasury acts starting 5 seconds after Biden signs the Bill. So, in theory, going long has to...

TQQQ. Be a player on TQQQ or QQQ? Well, I believe I have to be, when and if it resumes its upward trend. But with a quick finger on the exit button, and more focused towards day trading than swing trading. 2 penny response. Found this chart (see below) on Twitter yesterday. Took me a bit to process...

Spotgamma, saying don't buy into all the put/call hype. Has an interesting take that we could see a huge rally into Jan opex, due to the lopsided upside risk.

Green by EOD?

Today's blue light special,,,,, $TSLA get your shares while supplies last.

Opening a small position here for the first time. Looking for <$100 before the bleeding stops. Putting it in the kids funds....

I'd add there is a lot of volume at this level on SPY. Someone is buying here. means someone is selling too. very curious as to what eventually gets the vix excited. Amazing ho hum vix for weeks. Cem Karsen at Kai Volatility has a number of excellent videos and posts (twitter) regarding the low vol...

I'd add there is a lot of volume at this level on SPY. Someone is buying here.

Happy Holidays folks

As previously discussed the JPM collar strike is at $3835, but the put wall is $3800. This is an interesting (low risk) entry zone here. Buying SPXL here.

In two weeks the big event. JPMorgan Hedged Equity fund rolls their quarterly options collar. I don't have those levels handy but the options market makers are fully aware of that monster. It doesn't get any better for crazy moves, low volume market with an absolutely huge hedge rolling over. Edit-...