@orangequant we are all in the 1st "Weekly Options Expiration" cycle for the beginning of a calendar year...they're taking the put side down across the board, our new options system has been pricing it accurately. We've done a great job managing the risk on the put side.

They're definitely going to take the rally for everything they can get. With a weekly options expiration the SPX calls & puts expire on the close Friday vs monthly contracts which expire on the open print Fridays. This could mean the rally could very much end Thursday or Friday's open as they steal those deflated puts and run them going into the expiration. Shorts are probably really pissed today lol, so glad we dropped the SPX puts on Friday towards the highs we had the 1000 Jan puts and they've been cut down by at least 66% since we sold.

Futures exploding higher on the SPX.X, the up and out of the money calls we have should gap us nicely. Even will the all the bank downgrades we go higher on the last day of the month...window dressing

I have a friend who loved TLT before it exploded higher, it's definitely a good place to be when all these markets start acting like this, IEF is good too!

Some positive bouncing going into the close, Super Committee will be working to Midnight we'll see what they can conjure up to get a move!

@orangequant we're updating the S&P 500 for you right now, should be up in 10 minutes. As far as financials, we don't buy and hold that crap...it's always subject to headline news, we'll update the financials tomorrow for you

@SMF, exactly, i got out of my puts for the same reasons on Wednesday. still, you guys did very well on the coffee puts :-)

@orangequant we came out of those puts for profits, we were discussing it but decided against it because of the weekly options expiration and possible EU resolution fever hitting the markets today :-) We updated the S&P 500 for you today, congrats on your call! Puts are getting much cheaper and it's nice to not have to pay up for protection

@orangequant glad you've been doing well with all these headlines, it's all options expiration related. Buy the dip, sell the rip. Keep in mind we're only using intraday stuff on the videos, we have weekly & monthly formulas as well we don't put on film. We also have a volume platform that tells us when everyone's in and when everyone's out of the stock. Bears couldn't help but to continue to load up on SPX.X Nov 1200 Puts, another 28,634...down another $7.40 or -27.92% and of course they're at a triple bottom...till we break lower on the contract...poor guys who bought at $44 and road it down

SMF, thank you. SPX.X contracts look delta-good. so i found a mini-SPX, worrisome low liquidity, big spreads, but nice moves. sent you PM on it. today i just watched it and was impressed as spreads tightened, etc. Meanwhile, i did my usual with Nov 40 SSO puts @ $0.98, got out at $1.25, based on my proprietary Pv indicator (not available for sale, but i post the images for guidance). so, excellent day anyway. you guys have a very VIVID equity option trading strategy that fits most technical traders and i see that your PROPRIETARY indicators are *at least* as good as mine, as we often hit the same triggers at the same time. people are going to need an apprenticeship like you offer more and more as things get rougher in coming weeks and months. like you said in one video, they better stop treating this like a casino and be more professional or they're gonna get roasted, long and short.