SPY Chart - 2.3.2014

the market is weak, the VIX closed above 21, TLT is over 108, and SDS looks like it has more upside. All signs point to weaker SPY. But, that does not mean we cannot stop and retrace, right here.

tb

C Trade

If we get the expected bounce, C could make a big move.
big money is expecting it.
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TSL Trade

longer term trade.
you can jump in here, or wait for bounce before getting in....
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BTU Trade

This chart shows a low risk, high probability trade.
paid 0.46 for the JAN 20C
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CSCO Trade

CSCO JAN 22C unusual option activity. 6,000 calls traded.
JAN 22C closed at 0.22 on DEC 6, 2013.
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TSLA - "On fire"...but, in a good way...

It was a good day for the TSLA trader.
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The perfect trade...



Strategy: Sell Volatility

Setup: large percentage drop, 3 days, volume capitulation, and price is near support

Trade: Sell the premium, by being a seller of puts

Put in a buy order near the fib's retracement level (to close position)

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