OptionPicker (@OptionPicker89) header
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(Stock investor / Options trader, trade at own risk). Husband. Dad. Workaholic. Hockey Fan. Risk Taker.

Joined April 2016
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The 🐻 is back! Get ready for the beginning of the #BearMarket here are your major targets; $SPX - 2,100 $VIX - $50+ $AAPL - $140 $BA - $250 We should see a 25% correction in the #market quite soon. The #TrumpRally is done. Seems stupid but let’s see 👀
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2,595 awesome time to buy puts!!! $SPX $SPY $IWM $DIA Market fooling traders that a comeback is on the way. This is about to drop! 👇🏼👇🏼👇🏼
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Highly doubt we can close above 2,594 on $SPX I really think the market is in a great position to buy more puts. Here it is; May04 $SPY $259 puts @ $5.38
For those who have a longing to see crash analogs again, here is an update:
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$CHK April $3p and June $2.5p very active. Huge volume. I own quite a lot of $USO puts so won’t be taking this trade but seems to be very unusual.
Cashed in some good profits with $INTC Very unusual paper activity last week on it. Took a chance and it paid off well.
2 levels to watch closely $SPX $SPY 2,535 (which I think we test today or tomorrow morning at the latest). If we fail there it is 2,529. If we fail there too, you see 2,479 in a blink of an eye.
Expect some selling off during the last hour or so. Are they really going to bring $SPX down to 2,500 by tomorrow? Let’s see. Coming up .. ⏳
When can the market bounce? Clear chart. $VIX wants to test 26 until that does not happen I believe every pop is a sell.
It would not surprise me if we reach -120 pts on $SPX or the market continues selling off tomorrow. Here’s a $13,000 trade on $SPX Apr04 which expires in 2 days.
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Did it ever hurt taking some profits off the table? Still holding quite a lot after cashing in big winners. $UVXY $SOY $DIA $MSFT $TGT $SNAP
Very clear h&s pattern spotted on $GES 15 & 30 mins chart. Have a look and take your trade. Been holding - 100 x $21p Apr20 - for 10 days now.
How are the puts working for you? 💰
When can the market bounce? Clear chart. $VIX wants to test 26 until that does not happen I believe every pop is a sell.
Since Feb the biggest trade has always been $SPX after a major rally. Anytime market pops 30+ pts the next day $SPX is gold. Avoided on Thursday while it could’ve been my best trade. Still, those $SPY 260/262/264 puts have made a good amount of 💰 💰 💰
Added some $DIA Apr20 $241 puts @ $4.34
Not a regular trading day as many MM must be on holiday. Volume also a bit lower than usual. However, $SPY $SPX in a sweet spot to buy some puts. $IWM as well. Just bought some $DIA puts few mins ago.
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OptionPicker retweeted
Hey, fellow old timers, ever wonder why the kids these days buy every dip and fear no Bear Market? $SPY $SPX $VIX #BearMarket #stocks #StockMarket #BTFD
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I’m convinced $TSLA will hit $150 will be looking to buy $200 puts tomorrow exp around May. Also saw lots of unusual puts buying in $TSLA this morning.
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