EOW Wisdom from the Magical Mystical Green Panda Money Maestro Fri 31 August 2018
EOW Review with SPY PUTS Watchlist and SuperCycle Wave 4 Five Major Waves subwave targets along with Fib Targets and SPY PUTS Watchlist Targets - every 1$ in SPY moves equals $10 profit capture per CME/CFTC market specs - can vary depending upon open interest(# Outstanding Contracts), demand and acceleration factors.
https://www.tradingview.com/chart/eJuQrhx0/# Read Only Live Chart.
Weekly S&P SPX 5 Wave SuperCycle Projected SuperCycleWave 4 Sub Major 5 Wave Count and Fibonacci Retracement Targets:
Fib levels close to projected 200, 100, 50, 20, 9 Week Moving Averages will bend in the down trend of SCWave 4...
Subwave 2to4 Trendline is a close overlay on 50 Week Moving Average. All Maths Rechecked and On Target +/- a few % Daily/Weekly trading ranges.
NOTE Five key Moving Averages still Strong Up-Trend on Weekly Charts so still building a Wave 3 ATH Top - when it Reverses Trend the Market Tops Reverse Quickly whereas bottoms form more slowly.
FUD Jumps out of Windows whereas FOMO runs up stairs.
SPX "S&P Cash" Market Close on Friday 21August2018 = $2,901.52
SPY PUTs Watchlist various Time Expirations and StrikePrice In and Out of the Money Targets related to MW Wave Targets... SPY Tracks SPX on a fairly constant SPX $1move equal to SPY $10 ratio multiple move.
10 SPY Contracts = 100 Multiple
100 SPY Contracts = 1000 Multiple
SPY Watchlist Oct18 to June19 Examples SPY 200, 210, 220, 230, 260, 270:
IMPORTANT NOTE: Wise Markets Mystic GreenPanda likes MW1 target Oct 270 SPY PUTs and Jan to March 200, 210, 220, 230 SPY PUTS for the MW 3 and MW5/SCW4 Targets
Watchlist SPY PUTs Prices as of Friday 31 August 2018:
Symbol Last Price$ Change$ Change% Qty PriceWhenAdded DateAdded TotalGain$ TotalGain% Value$ Actions
SPY Mar 29 19 $270 Put6.150.264.41%16.5408/26/2018-49.00-7.49%615.00
SPY Mar 29 19 $260 Put4.860.214.52%15.2708/26/2018-71.00-13.47%486.00
SPY Oct 19 18 $290 Put4.05-0.40-8.99%04.0509/01/20180.000.00%0.00
SPY Jan 18 19 $270 Put3.90-0.20-4.88%13.9008/31/20180.000.00%390.00
SPY Dec 31 18 $270 Put3.540.216.31%13.5408/31/20180.000.00%354.00
SPY Jun 28 19 $220 Put2.610.000.00%12.6108/26/20180.000.00%261.00
SPY Mar 29 19 $230 Put1.880.000.00%12.1508/26/2018-19.00-8.84%188.00
SPY Oct 19 18 $280 Put1.75-0.24-12.06%01.7509/01/20180.000.00%0.00
SPY Jun 28 19 $200 Put1.520.000.00%11.7208/26/2018-23.00-13.37%152.00
SPY Mar 29 19 $220 Put1.490.000.00%12.1008/26/2018-61.00-29.05%149.00
SPY Mar 29 19 $210 Put1.340.000.00%-11.3408/26/20180.000.00%-134.00
SPY Oct 19 18 $270 Put0.99-0.05-4.81%00.9909/01/20180.000.00%0.00
SPY Mar 29 19 $200 Put0.900.000.00%-10.9008/26/20180.000.00%-90.00
SPY Jan 18 19 $220 Put0.84-0.02-2.33%10.8908/26/2018-8.00-8.99%84.00
SPY Jan 18 19 $200 Put0.500.048.70%10.5008/26/20180.000.00%50.00
Hint Bold Above where Truck is backing up this week from IRA Trading Accounts... You can lead Horses To Water but can't force them to Drink whereas FUD and FOMO Stampedes come naturally.
NOTE Each SPY Options Contract is for 100 SPY ETF shares thus the 100X Cost of the SPY PRICE$ both PUTS(Short) and or CALLs(Long).
NOTE: This discussion is not intended as investment advice in any way shape or form and is mentioned for informational purposes only now that we are entering a Major S&P Supercycle Wave 3 to 4 Reversal. Seek competent professional advice to determine your risk tolerance before trading Options or Futures contracts. Never invest more than you can afford to lose.
EOW Review with SPY PUTS Watchlist and SuperCycle Wave 4 Five Major Waves subwave targets along with Fib Targets and SPY PUTS Watchlist Targets - every 1$ in SPY moves equals $10 profit capture per CME/CFTC market specs - can vary depending upon open interest(# Outstanding Contracts), demand and acceleration factors.
https://www.tradingview.com/chart/eJuQrhx0/# Read Only Live Chart.
Weekly S&P SPX 5 Wave SuperCycle Projected SuperCycleWave 4 Sub Major 5 Wave Count and Fibonacci Retracement Targets:
Fib levels close to projected 200, 100, 50, 20, 9 Week Moving Averages will bend in the down trend of SCWave 4...
Subwave 2to4 Trendline is a close overlay on 50 Week Moving Average. All Maths Rechecked and On Target +/- a few % Daily/Weekly trading ranges.
NOTE Five key Moving Averages still Strong Up-Trend on Weekly Charts so still building a Wave 3 ATH Top - when it Reverses Trend the Market Tops Reverse Quickly whereas bottoms form more slowly.
FUD Jumps out of Windows whereas FOMO runs up stairs.
SPX "S&P Cash" Market Close on Friday 21August2018 = $2,901.52
SPY PUTs Watchlist various Time Expirations and StrikePrice In and Out of the Money Targets related to MW Wave Targets... SPY Tracks SPX on a fairly constant SPX $1move equal to SPY $10 ratio multiple move.
10 SPY Contracts = 100 Multiple
100 SPY Contracts = 1000 Multiple
SPY Watchlist Oct18 to June19 Examples SPY 200, 210, 220, 230, 260, 270:
IMPORTANT NOTE: Wise Markets Mystic GreenPanda likes MW1 target Oct 270 SPY PUTs and Jan to March 200, 210, 220, 230 SPY PUTS for the MW 3 and MW5/SCW4 Targets
Watchlist SPY PUTs Prices as of Friday 31 August 2018:
Symbol Last Price$ Change$ Change% Qty PriceWhenAdded DateAdded TotalGain$ TotalGain% Value$ Actions
SPY Mar 29 19 $270 Put6.150.264.41%16.5408/26/2018-49.00-7.49%615.00
SPY Mar 29 19 $260 Put4.860.214.52%15.2708/26/2018-71.00-13.47%486.00
SPY Oct 19 18 $290 Put4.05-0.40-8.99%04.0509/01/20180.000.00%0.00
SPY Jan 18 19 $270 Put3.90-0.20-4.88%13.9008/31/20180.000.00%390.00
SPY Dec 31 18 $270 Put3.540.216.31%13.5408/31/20180.000.00%354.00
SPY Jun 28 19 $220 Put2.610.000.00%12.6108/26/20180.000.00%261.00
SPY Mar 29 19 $230 Put1.880.000.00%12.1508/26/2018-19.00-8.84%188.00
SPY Oct 19 18 $280 Put1.75-0.24-12.06%01.7509/01/20180.000.00%0.00
SPY Jun 28 19 $200 Put1.520.000.00%11.7208/26/2018-23.00-13.37%152.00
SPY Mar 29 19 $220 Put1.490.000.00%12.1008/26/2018-61.00-29.05%149.00
SPY Mar 29 19 $210 Put1.340.000.00%-11.3408/26/20180.000.00%-134.00
SPY Oct 19 18 $270 Put0.99-0.05-4.81%00.9909/01/20180.000.00%0.00
SPY Mar 29 19 $200 Put0.900.000.00%-10.9008/26/20180.000.00%-90.00
SPY Jan 18 19 $220 Put0.84-0.02-2.33%10.8908/26/2018-8.00-8.99%84.00
SPY Jan 18 19 $200 Put0.500.048.70%10.5008/26/20180.000.00%50.00
Hint Bold Above where Truck is backing up this week from IRA Trading Accounts... You can lead Horses To Water but can't force them to Drink whereas FUD and FOMO Stampedes come naturally.
NOTE Each SPY Options Contract is for 100 SPY ETF shares thus the 100X Cost of the SPY PRICE$ both PUTS(Short) and or CALLs(Long).
NOTE: This discussion is not intended as investment advice in any way shape or form and is mentioned for informational purposes only now that we are entering a Major S&P Supercycle Wave 3 to 4 Reversal. Seek competent professional advice to determine your risk tolerance before trading Options or Futures contracts. Never invest more than you can afford to lose.