Where is the rug pull???

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It’s already been pulled, but JPow sent in the magic carpet as reinforcement.

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Ughhh you beat me yo the joke

It’s Friday before the holiday. Lol there’s no volume. If you were expecting a rug pull today, you need more trading experience.

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@accenture - it’s clear based on the day’s trading volume.

Turns out the rug was a magic carpet and they tend to go the other direction.

I think we basically just saw a short cover rally into close.

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It’s the lowest volume day in months, nothing you saw today was reflective of the market. Volume hadn’t been this low since the day before the crash. More price divergence. Higher prices on lower volume. Guaranteed to be a giant rug pull the longer that trend continues.

No rug pull today.

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Any expectations for next week?

Is there much value in trading puts right now? It just seems we have lot going against us and when days when futures are down the fed comes in and cleans it up each morning. Also it seems we are capped at a point on days it drops vs the days we go up. Just frustrated w the week I had on both calls and puts

Using debit spreads will work as mentioned above. You need to really hone in on your trading timeframes and expected moves. If we are have sideways action try selling to capture the theta. This market is really tough to trade options if your not day trading. If you want to hold for more than a few days, i think you really need to be close to the money and be like 2 months out. Other option just take profits right after a big move

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