Jim Bo retweeted
TWO LINES WORTH UNDERSTANDING BEFORE YOUR NEXT TRADE:
The 200 SMA.
The 200 EMA.
Both help you read the trend. They react differently, and neither guarantees a bounce.
Here’s what they mean, why traders watch them, and how to use them together.
Save this thread. 🧵
Jim Bo retweeted
lil of edu..
teapawt.net/GammaGirlLab/status/21…
Replying to @UpStocks
20 = the distance between strikes. this one was calls:
bought 1 0dte 7430 Call
sold 2 0dte 7450 Calls
bought 1 0dte 7470 Call
20 pts on each side of the 7450 body.
paid 2.90, max gain 17.10 if $SPX closes right at 7450. makes money anywhere from 7433 to 7467 => doesnt need a perfect pin
why a fly:
the 2 calls you sell pay for most of the ticket => cheap. risk 2.90 to make 17.10 = ~5.9 to 1
high vol makes it even cheaper. vol comes in with spot near the body => fly gains
most of the gain comes late in the day. near the body in the afternoon you can take some off, no need to wait for the bell
if $SPX outside the wings => time works against you
today $SPX tagged 7444 early, faded, closed 7374.85 => expired worthless. lost the 2.90, nothing more
chart attached => same bet placed 6 ways, priced off this morning’s option prints:
cost of each = the most you can lose.
fly 2.90 vs 16.70 for the plain 7430 call, almost 6x more for the same wrong call
Been running "The Wheel" in my "responsible investing" account earning nice, fat premiums. Today I got assigned early and am the proud new owner of 100sh of $SOXL. Never been assigned on CSP before. What best delta sell CC? My strike on CSP was 120.
Jim Bo retweeted
$SPX 0DTE, 12:44 ET update
~7395, sitting just under the 7400 floor. It’s a test, not a confirmed break yet.
Negative gamma below ~7477, and Friday’s options now carry about twice the gamma they did this morning.
Moves near here get pushed, not cushioned.
Confirmed below 7400: first stop 7350, then 7300.
Reclaim 7405 and the next steps are 7438, then 7450. Above ~7410, the push eases fast.
Options price about ±56 into the close.
Odds:
35% closes below 7361 ·
31% holds 7361-7406 ·
34% closes above.
Same-day options still cost 1.66x next week’s
Jim Bo retweeted
Data in 2 minutes, Caution for either side. show love I will share a banger later today. Need 25 likes
Jim Bo retweeted
We remember.
As thousands of poppies cascade down the Senate of Canada Building, we honour our Fallen.
The Poppy Drop is on from 6:30 p.m. to 9:30 p.m. daily, and until midnight on November 10 and 11.
Yes he did
Update on our weekly chart on $QQQ an obvious landing spot in next couple of weeks as long stays under 670 this week. I started give you this right at 762 Top. refer to old posts ........
Hi @moomoo_Canada - Love your platform but any plans to allow options trading during Asia and London markets like other brokerages?
Why I gave up day trading:
Educated guess, $tsla get spanked after Dem. win. Bought Put at open. Price goes up $12. I Panic sell. Then it reverses $10. Too often I'm on the wrong side


















