Updated: Oct 3, 2022
An opportunity to buy some puts.
Behavior Around the Highs:
Sudden fast move higher in volatility.
In the pre-market we have a notable push to the upside. It looks like a breakout right around the open. There is an opportunity to buy some puts here. We have a high correlation in the first half hour with the Queen of Disks. So, we revisit a level after a push to the upside. There is selling from a notable peak between 10am and 11am. There is a good opportunity to open puts around 10am to 10:30am. We have volatility between 11am and noon, with a trade opportunity around 11:45am. There is a sharp decline in between 12pm and 2pm. Between 2pm and 3pm there is a failed attempt to break resistance with a decline through support. In the last half hour, I can position myself in both directions. I already own puts and I’ll buy calls at the end of the day. There is a local high and low the following day so I am positioning myself strategically. In the midst of back and forth movement there will be a push higher, with an opportunity to open some short positions again.
#MoonCapricornTrineUranusTaurus @12:56am est.
#MarsScorpioSextilePlutoCapricorn @6:41am est.
#MoonCapricornSextileNeptunePisces @3:09pm est.
#MoonCapricornConjunctionVenusCapricorn @8:21pm est.
#MoonCapricornConjunctionPlutoCapricorn @10:56pm est.
#MoonCapricornSextileMarsScorpio @11:42pm est.