Looking to buy puts to what looks like a lowered block sell limit.
Previous 413.7 fewer points look to be filled and the block is being lowered to 412.85 fills.
Looking for 413 puts at 412.85-413.7 level for rejection.
We are currently in a sort of price discovery since we are below yesterday's close and yesterday had an extremely low bottom that could be searching grounds for real bottom. I don't want to get into the short too low in worry it will come and test 412.85 block sellers.
Will watch premium activity and order flow.
Previous 413.7 fewer points look to be filled and the block is being lowered to 412.85 fills.
Looking for 413 puts at 412.85-413.7 level for rejection.
We are currently in a sort of price discovery since we are below yesterday's close and yesterday had an extremely low bottom that could be searching grounds for real bottom. I don't want to get into the short too low in worry it will come and test 412.85 block sellers.
Will watch premium activity and order flow.
Could have averaged into the position better around 410 but that was below buy zone so I used up my liquidity
Had 1dte and 0dte
0dte pays out way better no question