4/07/26 588 QQQCalls. Yesterday before 4pm est QQQ closed around 587, now its 607. Sad.
edit* Whoops. He said he sold the calls and then after market it rips so he lost all of the gains on the rebound. I am assuming he sold them naked so it could be *unlimited* loss.
We wanted the ceasefire more than anyone. It’s why the Pakistan PM’s tweet edit history shows “Draft — Pakistan PM’s tweet.” We wrote that shit. Since we want the ceasefire it will hold. The whole thing is just a fig leaf of modesty to provide an off ramp to the wiping out a civilization threat.
Didn’t Saudi Arabia’s famous east west pipeline get hit last night too? I half heard that on Bloomberg when I was asleep. That would mean there’s actually less oil moving than before the ceasefire.
Edit: they just said the damage was “limited”
Futures are options on crack. You can easily trade micro futures with only $50 daily margin. Mini futures daily margins b/w $500 and $1000. It takes a while to develop a sense of when a bottom or top is formed and buying on the way up with a stop loss you manually move up bc the algos do hunt stops.
Futures is minimizing losses and maximizing gains. Futures profits happen in minutes and hours and at no point should you not be paying attention or have a stop loss.
Edit: I use Ninja Trader, highly recommend if interested
SPX to just over ~~6650~~(edit: lul. ignored the pending premarket jump on the charts... -> 6800) over the course of the week, then plunges again.
Cease Fire off and on until Friday Post-Market (or early next week) when everyone stops pretending - and all the Iranian shill-civilians get tired of sitting at the power plants.
Kharg Island take over commences.
tl;dr: quick dip sell-off BEARISH at OPEN, followed by rebound; BULLISH/FLAT by CLOSE. Same tomorrow until Friday.
Buckle up time:
Saudi East-West pipeline (the gulf bypass lane to the red sea) has been attacked by Iran. Damage unclear, but potential interruption (pipeline is running 6-7mbpd).
Kuwaiti Petroleum Corporation oil facilities have received 'material damage' from Iranian strikes.
Edit: Pipeline is on fire. Appears the strike was on a main pumping station.
Edit 2: Habshan gas facility in UAE struck again too apparently.
They're going to own a very important band of RF and will likely change the way GPS works forever. It's a lot deeper than that, but the band is also a band that a lot of home security devices work on and that will be a huge disruption in that business as well.
Edit: Look into the lobbying companies like ADT are doing to block them from what they're trying to do if you wanna go down a rabbit hole.
Okay, so it is now looking like the strikes on Iran's oil facilities on Lavan Island were carried out by the UAE.. Didn't anyone tell them there was a ceasefire??? In response Iran has done serious damage to \*3\* Kuwaiti desal/power plants (admitted by the Kuwaiti military, which means it was actually serious damage, because everything is usually officially 'a successful interception and falling debris that damaged a leaf on the decorative tree on the front steps'.
I'd like to apologise in advance to anyone whose portfolios I have negatively impacted by switching into calls.
^(edit: shit almost forgot, Praise Allah)