Haha, you have some good calls but there is no way that we are going up 500+ points on s&p from 3/3 to 3/13. What you’ve outlined a low of ~670 to ~720 will happen, but not that quick. It will take a couple of months to play out. Bigger correction coming but not now lol
Zan, thank you for this incredibly detailed breakdown and appreciate you connecting all the dots. Will be watching SVIX $19.50 closely on Monday. 🙏
For this setup, would it be better to buy 3/12 or 3/13 calls (as in, do we start 3/13 green then dip hard or gap down at open 3/13)?
no calls until $673 is confirmed solid base. SVIX 19.50 holding.
I get that, what I’m asking is what date should I target for expiration for the calls?
Zan will give u scenarios but how to execute the trade is up to you. He cannot hold your hand and tell u which expiry is best.
So, you believe the market will open on Monday without a crash and the $10 crash will happen on Tuesday?
The market can open down on Monday, but then recovers, building voltage pm and overnight for the reset point at 673.
March 19, Joel 2:31
Haha, you have some good calls but there is no way that we are going up 500+ points on s&p from 3/3 to 3/13. What you’ve outlined a low of ~670 to ~720 will happen, but not that quick. It will take a couple of months to play out. Bigger correction coming but not now lol