Should we bail on our UXVY calls for 11/22 and maybe shoot for December? I'm down 50%, but don't know if its worth cost averaging down or if I should give myself a little breathing room.

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I’m hanging with my positions. Dow and S&P entered overbought today on RSI. Check history on what’s happened after they’ve crossed 70.

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Do you recommend adding to the position or buying 11/29s?

Chinese trade sources: China wants all tariffs rolled back as phases of trade deals are completed. Sources say US offered to roll back some tariffs but want to keep majority in place until the Chinese reach certain milestones after the full trade deal is completed- Fox Business

smart

I hope the us holds their ground on that cause we all know China won’t keep their word if tariffs are rolled back right away

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Yeah mine were 80% down for 11/15

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I exited mine and I’m gonna wait until Monday for another buy in

Don't average down with options

Vix spike into close woot! Let’s goooo! Could markets close in the red?

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I’m staying

Going down with the ship - China could still walk.

My portfolio went from lifetime high to lifetime low 🥰

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For those holding and cost averaging, RIP to your monies

Except news out saying fierce opposition to rolling back tariffs. No deal if we don’t.

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20 Come, my people, enter thou into thy chambers, and shut thy doors about thee: hide thyself as it were for a little moment, until the indignation be overpast

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Additional Posts in Option Traders & Investing

Apple catches a cold; the market get Covid-19 and goes into the ICU. Apple trades its intermediate term short setup successfully, and comes within $2.00 of its 354 objective. This is simply profit taking but Apple will trade down to 290 eventually. All of the indexes are heavily tied to Apple, so the market goes as Apple goes. When Apple hits 354.04, expect the bleeding in Apple and the indexes to to come to an in end. Until that happens, there can be bouts of heavy selling pressure.

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