Down in a strong tape. 30% short float. Good V-reverse here intra-day. Take the chart above and compare it to the sentiment cycle chart I posted earlier. Interesting phase in DECK right now. Long of June 55 Calls. Very thin volume pocket above. Amazing entry point here.
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So, referencing the sentiment cycle, would you consider this the “wall of worry”?
I have $DECK on my volume pocket watchlist as well, but am waiting for the high 50’s for entry.
I think wall of worry has come and gone. I was thinking this pullback in the face of market strength was aversion.
Hi OA,
I have been meaning to ask you…what is your average holding period? I understand that each trade is different, but what is typical for you?
Thanks!
With stocks it is weeks. Options one week on average.
ARE YOU GUYS SEEING RSOL??
I put that on my list of trades to make when I get a time machine.
100% in a day.
ROFL.
I would run that time machine like I was Bill Murray.
uh RSOL i’ll take a 90%gain today…thank you Jeff,,hat tip my man
The Gatorsun returns.
i’ll pump COCO again
OA,
DECK i am doing a calendar…are you doing straight option
Long Jun 55 calls @ $1.20
lol,,gatorsun thats me..hey Jeff..you da man indeed ,thank you (keep up the good work)
nbg fnma …the list goes on…money galore. Jeff, youre in the zone