punitarani

DIA short into strength

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punitarani 已更新   
AMEX:DIA   SPDR Dow Jones Industrial Average ETF
While the tech sector is getting crushed right now, most financials, industrials, cyclicals, and value stocks which comprise over half of the Dow Jones Index are doing well. However, if you are looking to add some negative delta to your portfolio, you could short into strength. DJI/DIA could still rally up, but the downwards market pressure is getting stronger, so selling into strength might be ideal as the concentration of buyers towards the ATH will trigger stop losses at a high velocity. The probability of a rapid rally on DJI should be slim, but a rapid pulldown is feasible at the current levels.
交易進行:
DIA 325-326 Call Credit Spread Expiring 3/19 for $0.33 credit. 75% PoP risking $0.67.
交易進行:
Short Shares at $329.7. Potential Day to Swing Trade.
交易進行:
DIA 325-326 Call Credit BTC at $0.75 db. for a $0.42 loss per contract. Theta will ramp up as its approaching expiration and will most likely expire ATM ($1 db. for $0.67 loss).
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