N2O
110 posts
So, the TACTICAL TRADING account is TECHNICALLY 87% invested the $META 6/18/26 $700 CALL options. Am now adding a 4% position in the $FRMI 5/15/26 $10 PUT options. Leaves me with 10% cash for something fun!
As you can imagine--I loaded up my short positions yesterday, with expiration of 4/17, 4/25 respectively.
Some early profits [will take some profits by the end of day], but will hold at least half over the long week-end. A risky play, but worth the risk.
Yesterday was a chop day in #ES_F, but lvls held precisely. 6087, 6070 were supports. We held 6070 *to the tick*. I posted this kept 6105 in play & we hit it Plan: NFP 830, hold runner. No change: 6087, 6066-70 (weaker) must hold to keep 6109, 6116, 6130 live. Sell to 6043 <6066
After hitting my CPI target of 6004, I began warning 5984 would be a new "magnet" for a base. This means trap below, recover & long over. After another bear trap 4pm ystd, it worked again Plan today: Hold runners. 5980-83 support. Keeps 6004, 6016, 6033 live. 80 fails, dip 5966
Zooming out, as per my last newsletter (sent 3pm yesterday), 5943 was the 1st #ES_F magnet for today, which hit by 4pm yesterday. 5972 was 2nd, which is high of day so far. 5988 is next, which is res of a 2 week bull flag Big resistance, but breakout sees ATHs. Trail runners.
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