October 20, 2023

What a ridiculous week for the market and hope people see what is now being set up. Algos crushed each side at times this week. This was so mechanical once again, study where we closed today technically. Would anyone be surprised if this market closes with a monster green stick on Monday? But, here's some data to look at this weekend; A ton of low delta opening put sales took place today in a number of names across the board for 11/24 and 12/01 strikes. Someone is positioning themselves for a monster move.

Now we wait for Monday, the pattern will be established and then we proceed to attack the opportunities in front of us. We will repeat this once again; your best trading opportunities of the year will be taking place over the final several weeks of 2023. The set-up is there! Be ready and have a great weekend.