Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 46.51

+3.0%

Dec 5 4:00 PM EST

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To: #Breeze who wrote (199721)	8/5/2024 12:53:11 PM
From: robert b furman	Read Replies (3) of 207210

Hi Breeze, Well that was fun and exciting. This morning's fear really ballooned put premiums! On 7/24/24 CVX's put premium for this month's 150 put was selling for $1.79. This morning it sold for $7.75. A factor of 4.3 more times more in 8 trade days counting today. Now we see where that Bwave takes us. Does your fib ruler go the the 75, 78.6 retrace of the A wave dip? Plus the gap at 5585. Reminds me to be more patient. NEVER sell a put unless the bottom spotter is active! If your Bwave can last 11 days, there's going to be a huge payday on expiration.A wave was 14ish? Bob

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