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- EF5 replied Jun 22, 2020
My pleasure detector! Actually, you can disregard the green line in the chart I posted. It's just the S&P 500. Gamma exposure is independent of that so you just need to focus on the GEX values. Succinctly put: High GEX: Market makers do ...
- EF5 replied Jun 22, 2020
If you can't trade futures then ETFs might be your best bet. USO is a terrible product so I really can't recommend it. Energy ETFs are based on futures and highly influenced by the futures curve so be very very very cautious about that if you use ...
- EF5 replied Jun 22, 2020
Friday's GEX number was much lower so a bigger move in equities is possible going into this week. image In case anyone isn't familiar with GEX it represents gamma exposure. Essentially, gamma exposure indicates the degree to which market makers ...
- EF5 replied Jun 18, 2020
GEX is pretty high right now implying we probably won't get much price movement. It will be interesting to see where it stands after it updates tonight. image Perhaps more interesting is the alleged wave of pension fund selling coming into the ...
- EF5 replied Jun 18, 2020
I hope you’re right about 21,000. I’m scaling in over time so if it goes lower then it will work out nicely for both of us.
- EF5 replied Jun 17, 2020
I’m finally going to bite the bullet and do some buying tomorrow. Looks like it’ll be a core position of VOO, then some TQQQ and maybe ARKK for beta.
- EF5 replied Jun 10, 2020
Sorry, I’m not familiar with that software.
- EF5 replied May 20, 2020
WTI quotes should be from CL futures: url I'm not sure what OANDA is quoting.
- EF5 replied May 20, 2020
What two WTI markets are you referring to?
- EF5 replied May 12, 2020
It’s looking more and more like equities may have topped. This past run up was the 2nd attempt to break 2,950 and now we are headed back down... As a side-note, I think there are a lot of 2,950 options that might be acting as resistance.
- EF5 replied May 10, 2020
Welcome back!!
- EF5 replied May 3, 2020
What kind of equities strategy do you use? Value based?
- EF5 replied Apr 28, 2020
Yeah, you'd earn money above -700. The price in the image is wrong, since the call is $714 in the money it can't cost less than that. I think these options must be in case there's a last-minute crash at the end of the contract period. It's feasible ...
- EF5 replied Apr 28, 2020
I just think its remarkable that a.) the CME actually allows for negative strike prices and b.) that options for -700 exist. I mean, if you buy a put you lose money unless CL ends lower than -700 which is pretty insane.
- EF5 replied Apr 28, 2020
I think this is generally very good advice.
- EF5 replied Apr 28, 2020
Apparently there CL options down to -700. image
- EF5 replied Apr 27, 2020
Brilliant
- EF5 replied Apr 27, 2020
Latency is more of a factor for HFTs trying to arb between exchanges. That’s a very expensive game and something retail traders shouldn’t be overly concerned about.
- EF5 replied Apr 27, 2020
It seems disingenuous to call Dec futures “spot”.
- EF5 replied Apr 27, 2020
Well your equities sure must be doing good. If you want to get another thread going on equities I’d certainly be interested in participating.