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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (83241)	12/20/2023 10:13:50 PM
From: towerdog	2 Recommendations Recommended By Lee Lichterman III The Ox Read Replies (1) \| Respond to of 97487

It was a great day, lot of time to cash in longs after a monster rally, bonds up and dollar sideways, what more could you ask for? and just in time for the holidays.

To: The Ox who wrote (83241)	12/21/2023 7:17:44 AM
From: Qone0	2 Recommendations Recommended By ajtj99 The Ox Read Replies (2) \| Respond to of 97487

That SPY 0-DTE put option hit $7 before it was over. That's about a 175 bagger. I doubt anyone actually took that trade as at nickel it was way out of the money. Then it came into the money 7 dollars. Probably doesn't happen that often. 10 baggers are common on a closing ramp or dump. The risk is great, but if you can call the close. Well that would be good. <G> That dump was generated by the 100k NQ volume charts initial reaction off the hop.