ag5

ag5

Still drunk, heading lower

ag5

Got close to $325 that i thought would invalidate this.

ag5 Updated 

Starting my short on TQQQ because i want short exposure to leveraged funds. I am pretty sure it is these funds that are responsible for the major gaps the last 10 min, and it does not seem like institutional investors are joining, but retail is almost at all time highs. Meanwhile $DXY looks like it is ready for a face ripper : I have no idea what the...

ag5

Planes are 80% full because the number of flights is minimal at best. Any meaningful travel rebound is going to take some time, to get to the level of travel accessibility before the virus might even take years. Quite frankly the balance sheet is a disaster and their asset collateral is a bunch of depreciating planes, but who would even buy them if there is...

ag5 Updated 

I hope this isn't right, but to me looks like abcd reversal to 2016 gap.

ag5

I have been bullish on SNAP for years, was able to add a bit back in march. I think their platform is the most attractive for young people and their event reporting was incredible. This was based off of coverage i saw from sporting events. But I am noticing how the protest coverage is coming from SNAP. With the impending problems in $FB, i think SNAP is going...

ag5

Going long puts

ag5 Updated 

There is nothing bullish about a revolution, starting a short position targeting sub $280.

ag5

This seemed really overbought, glad to see a little breather. Sold most of my position, have some remaining $135 puts for July that will be all of my profit. Overall very happy with this trade and my purchasing discipline. One of the best jobs I have done with staggering my buys, my confidence is clearly growing so i might even play the powerball tonight...

ag5 Updated 

Not so bad, i was able to lock my position in and hedge with short term calls. We bounced from the $137 equity level i was watching, i think we get through that and go toward the $134 level by Friday.

ag5 Updated 

$149.13 is the strongest level to the upside. $125.97 is the strongest level to the downside, with another strong level between at $137.23. I started a short position for July, if we get through $137.23 I am going to add puts for July $2-3 from strike.

ag5 Updated 

I am looking for BABA to get into the $196 - $204 area to make a run to $219 for earnings. There are some really strong buy levels above, and over 40% avg vol from $185-187, so i believe this will act as good support. Overhead there are some major levels, would be surprised if we do not test them next week. Let me know your thoughts, good luck!