MSTR is filling my alerts for the optimal short zone mentioned previously.
I've explained the various macro bear trend setups in MSTR previously. For some additional stuff;
Generally a correction will be two legs. When it's not, there's usually at least 4. 3 corrective legs is rarer. Breaking under might have been a bear break.
If it was, a retracement is always fair game but now we're into the zone this can be faded.
Selling calls into the rally and buying an assortment of deep OTM puts on MSTR
Put $210.00 - Last: $1.22, Bid: $1.07, Ask: $1.21, Vol: 44.0, IV: 115.0%, OTM
Put $205.00 - Last: $1.09, Bid: $0.98, Ask: $1.12, Vol: 53.0, IV: 118.4%, OTM
Put $215.00 - Last: $1.27, Bid: $1.16, Ask: $1.34, Vol: 33.0, IV: 111.9%, OTM
Put $200.00 - Last: $1.00, Bid: $0.90, Ask: $1.04, Vol: 123.0, IV: 121.8%, OTM
Put $220.00 - Last: $1.40, Bid: $1.28, Ask: $1.40, Vol: 22.0, IV: 108.3%, OTM
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.