1/18

 since it's LIKELY to open up above the value area, then I can expect for it to retest the POC from a few day's ago, which also happens to be the upper end of the value area from the prior day

we'll see! see what happens PM...

if it tests the two day's ago POC in PM and starts to go up then I will wait until a break of the PM high

stock market not open today 1/17!

twitter, 320p, 280c, puts wins

starting to question the accuracy of this thing...

looks like the puts are winning

which means it's a convergence day

-27% on a call that you just bought, it was an expensive call too, you bought it at the premarket low, but it dipped lower

you bought this in the first 30min though

oh shit, puts and calls are about even now

when you reflect on this, you DIDN"T buy at a POC but rather at a PML, that, and you didn't wait that long for the p/c ratio to even out? but does that even matter?

ok puts higher than calls again

ok what the youtube guy said though was NOT that it was going to use the PML as support, he said it would TAKE OUT the PML, which it did, so you should have waited for it to find a bottom first, so your bad...

oh I think you were down like 45% at one point on this, good job

§

this is for BBIG btw...

1:29 pm CST

twitter, put 200

twitter, call 100

interesting

+806, 4s, weeklies

+464, 5s, weeklies

211pm CST

234pm , CST

+460, 4s, weeklies

+510, 5s, weeklies

end of day

§

SPY NOW->

white

• your first trade was the white one, you reasoned (wrongly) that, because we opened lower than the prior day's POC, or rather, below the prior day's VA, then it would use the PM low as support and bounce, but youtube guy never said that, he said it was likely that the PM low WOULD BE TAKEN OUT, which is exactly what happened....
• so in this case, you bought at PM low and were down like 40-50% or something stupid, then you (smartly) sold for a tiny profit when it got back to break even

yellow

• here, you reasoned (somethingly) that because we are in a condition of a descending POC over multiple days, and because the LOD had been taken out, that we were going way lower, which did not happen, now you (smartly) sold 5 contracts at like 18-20% profit then were like 20% red and opted...or no...you went for a jog and then, you ... you set the limit sell for a small profit (probably 20% again) and it hit by the time you got back but then it chopped up right after after which point you were like, oh snap, you made the right call, but then it went right back lower by a pretty significant amount so ... good to know... you might have been able to get 100% on this if you held
• low of day was taken out at like... 1005am EST

I think you were up like 200$ on the day...

§

we're at the 100sma for tomorrow so we could get a bounce

spy ended up being almost identical in terms of the ratio of p/c, slightly more in terms of puts

I wonder if this is indication of a bounce tomorrow--again, off of the 100sma

even options wolf was like we're going to rally

this 560c has by far the most volume, and that's out of everything, puts, calls, etc.

so this is interesting because you've got a descending POC on the INTER-day, and a descending POC on the INTRA-day, yet more calls traded at the end of the day. probably. 

question now is, where is this going to open up, in the prior day's VA, etc.

could be something, if the day before we opened up below the VA, but on this day we open up in it...slowing downward momentum

oversold on the daily, pretty much, and it always bounces at that point....