All on the chart .Not claiming to be right , it is very possible that my judgment is clouded by the confirmation bias of me being long put on COST.
הערה:
VIX reached TARGET 2 level ,
TICK
also shows lots of selling pressure painting -1000 NAD -1200 levels multiple times today. COST dropped by $6 .
הערה:
Selling on the market probably will continue on Friday .
הערה:
I was wrong about Friday sell of, there was a definitely nice rag pull for those holding short positions .COST went above R-4 (!) I ended up closing my NOV 17 LONG PUT position at loss.
הערה:
Bought few OTM long puts of NFLX with November 17 expiration at the end of the trading day.
הערה:
Will see if VIX will bounce from "sell to buy" zone (marked on the first chart)to the upside on Monday and potentially trigger NFLX sell off or even a gap down
הערה:
VIX created a gap to the upside and formed a new HL, let see if VIX will move above strong resistance at 15.61 .Still holding OTM long puts on NFLX
הערה:
VIX bounced from the bottom of "sell to buy" zone , possibly ready for a big move to the upside on Friday .COST got $27 rag pull move to the downside . Wondering if NFLX will follow and make a big move down to $418-$405 zone .
הערה:
VIX moved down to a multi month support line .