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Iwmshort

$IWM — Potential H&S forming on the 1hr We can either go lower to fill that open gap right off the bat... or We're going to go a bit higher to form the second shoulder, creating the H&S with a downside target of $193... Either way, that gap is filling — not sure if it will today, but likely for next week and for certain before March's 3rd Friday. The StochasticSlow is looking overbought, and the CCI is hinging lower just under that momentum line — bad sign for the bulls, if you ask me.
AMEX:IWMShort
by OptionsAddicts
1
IWM short to under $200You're probably wondering why I have been posting a lot of bearish content lately...its for a reason trust me Inflation is going to destroy the market, its going to happen before you know it The bubble is bursting, tech is diving, medals and asset based companies are skyrocketing! Don't get caught holding an expensive bag, if your still going long in this market...the least you could is hedge yourself with puts...even then, that might not save your longs:/ IWM is about to break this bear flag and trendline support to the downside I would look for a short term bounce at daily demand but I don't expect it too hold long term, 185-190 is my main target range by late July ...at this rate, it may happen sooner than you think. Positions: 6/18 215p (will add July 200p once confirmed break of trendline support)
AMEX:IWMShort
by stockmankam
6
Tagging trendline connecting high pivot of 2015 & 2018The Russell 2000 ETF (IWM) is surging over 4% as Democrats likely take control of the Senate. This gives Biden control to push through more stimulus. Interest rates surged through 1% on the 10 year yield. Not only is the Russell 2000 full of small caps, but also banks. Banks rally as yields rise. IWM is also tagging a trendline that connects the high-pivot of 2015 & 2018. Could this be a pullback level? Going in on a half-position, possibly adding if things turn favorably (sub-$200). Shorting shares is the safest route, but February/March $190 puts have a nice risk/reward at this level. Not financial advice. Happy trading.
AMEX:IWMShort
by planetshhh
IWM is all set for a pullback-IWM has a clear rising wedge pattern and a retest to the wedge suggesting a reversal pattern. -Also, today an institutional trader keeps buying IWM Puts expiring on Jan29th 2021 for the strike price of $170 and $160. -According to data from the trade alert system here are some of the put transactions. >>10000 IWM Jan21 29th 170 Puts $1.40 (FT Theo=1.38) Above Ask! CBOE 11:42:43.433 IV=38.7% +1.1 ISE 664 x $1.36 - $1.39 x 410 C2 COB/AUCTION - OPENING Vega=$104k IWM=196.16 Ref Detail >>5000 IWM Jan21 29th 170 Puts $1.40 (FT Theo=1.39) ASK ISE 12:00:16.164 IV=39.0% +1.3 ISE 364 x $1.37 - $1.40 x 268 C2 COB/AUCTION - OPENING Vega=$52k IWM=196.46 Ref Detail >>5000 IWM Jan21 29th 170 Puts $1.43 (FT Theo=1.42) MID ISE 11:52:25.105 IV=39.0% +1.4 C2 921 x $1.41 - $1.44 x 379 C2 COB/AUCTION - OPENING Vega=$52k IWM=196.15 Ref Detail >>5000 IWM Jan21 29th 170 Puts $1.45 (FT Theo=1.44) ASK ISE 11:47:03.735 IV=39.0% +1.3 C2 1023 x $1.43 - $1.45 x 123 BZX COB/AUCTION - OPENING Vega=$52k IWM=195.91 Ref Detail >>10000 IWM Jan21 29th 160 Puts $0.74 (FT Theo=0.74) ASK CBOE 11:42:43.433 IV=43.2% +1.2 C2 1094 x $0.72 - $0.74 x 849 ISE COB/AUCTION - OPENING Vega=$99k IWM=196.16 Ref Detail >>5000 IWM Jan21 29th 160 Puts $0.76 (FT Theo=0.76) ASK ISE 12:00:16.164 IV=43.7% +1.6 ISE 556 x $0.73 - $0.76 x 1096 C2 COB/AUCTION - OPENING Vega=$50k IWM=196.46 Ref Detail >>5000 IWM Jan21 29th 160 Puts $0.77 (FT Theo=0.77) ASK ISE 11:52:25.105 IV=43.5% +1.4 C2 1152 x $0.75 - $0.77 x 324 C2 COB/AUCTION - OPENING Vega=$50k IWM=196.15 Ref Detail >>5000 IWM Jan21 29th 160 Puts $0.78 (FT Theo=0.78) ASK ISE 11:47:03.735 IV=43.4% +1.3 C2 1374 x $0.76 - $0.78 x 1455 C2 COB/AUCTION - OPENING Vega=$50k IWM=195.91 Ref Detail
AMEX:IWMShort
by wintersunx
1
$SPY What if (Bear and Bull Case) another COVID Optimism Bounce?Please do your DD. From my last SPY idea, we are in the bear/bull trap zone and where we go next is anyone's guess (Most likely down). We could be consolidating here to move higher one more time or gaining momentum for a downward spiral. We may have Gilead's and Roche's official news soon so we have to be prepared for a short squeeze. Also I am looking at the IWM and it hasn't reached its .50 retracement so that is unclear what that is going to to do so please be careful either way.
AMEX:SPY
by UnknownUnicorn3272672
$IWM - How GILD may have saved the market (for now)Those who follow me know I have been bearish (and still am in the long term) since January. However looking at the IWM which has been a very good leading indicator of the market overall, the Gild news could have breathed a new lease of life to the market. Looking at the actions a few days before the GILD news we can see that the IWM was rejected twice and closed below the resistance line. In addition there was a bearish RSI divergence prior to the news. As a result, I think we could be headed higher now if we are able to break above the resistance line after bouncing off support. (If we are unable to break that resistance and fall below the current support then it could be game on for the shorts) Also looking at the RSI in general, for now we are still following the trend line and still haven't gotten back to the 50% line, this may mean the rest of the market may be heading higher with minor pull backs. With everything happening in the world one would expect that the stock market should be crashing but The Fed has been injecting so much liquidity into the market. We have to take the stock market one day at a time and deal with what it gives us. Also there is too much negativity in the market right now and it shouldn't take much for the FED to get the market to move higher if and when it starts to buy ETFs since that could cause a short squeeze and take markets to higher highs. Please do your DD before investing as this is just my opinion.
AMEX:IWM
by UnknownUnicorn3272672