JHQDX has an uphill climb to close at the Call
JHQDX Jan Roll was predicted well ahead of this idea, but I used some chartArt to emphasize it's predictive capabilities.
Quants on fintwit still reject my claims.
if Modelling 1-6 months out down to the strike and day wasn't enough.
Or predicting the bottom with a price target.
For April Roll my indicators are telling me the Call is a to heavy to climb in only 4 days so I'm going to have to predict we find a path to the more neutral area of Zero Gamma of 4050 which also happened back in July 2022.
Hef
JHEQX Quarterly UpdateJHEQX Update
On March 31 at ~3pm the contracts were rolled to
contracts: ~40,000
roll price: 4089.21
short call 4320
long put 3885
short put 3280
For any of you that have not checked out the indicator on their own chart yet, I published the script privately last month and received overwhelming positive feedback.
Get a copy of the script here:
Thank you all for your interest and support.
At the start of March I outlined 2 possible directions JHEQX would flow and after a brief fake out lower in early march, turned around and ran up to the Call strike for expiry.
This completed leg 2 of a 6 month prediction I outlined a month earlier.
Sentiment has changed in the past few weeks to a more Bullish as "this isn't QE" liquidity entered the system after SVB and provided very positive overall Gamma for end of March into early April.
The S&P has now completed the shoulder and retesting the neckline for a much broader 200D move higher to the JHQDX strike at 4290 for the end of April.
Do you want to know what it is?Do you want to know what it is?
*nod*
The Flow is everywhere.
It is all around us
Even now in this very post
You can see it when you look in your account
Or when you turn on your Favorite stream
You can feel it when you trade
When you go to the casino
When you pay your taxes
It is the wool that has been pulled over your eyes to blind you from the truth
What truth?
That you are a slave, like everyone you were born into Debt, a prison you cannot smell or taste or touch.
A prison for your PnL
Unfortunately, no one can be Told what the Flow is.
You have to trade it for yourself.
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Jan 13