Things were looking slow, but steady for the bulls.. at least according to the average..
Price was falling, but the average was still on a steady UP slope.
Then this happened..
What's behind this DROP??
it must have been a BIG bank trader or something like that.. to pull the market almost straight down like that!
I waited for signs of a snap back UP and got in right after I saw the move..
Now, maybe my eyes or something are too tired.. but I saw .40 being offered for selling an option at the strike I chose.. so I sold 3 of em to make over a $100 profit as usual.
But when I switched to the 'Moniter' tab, it showed that each contract I sold paid out 4.05 (that's $405 each).
I told myself to just close any nice juicy profits if I see them on p/l, and especially on a lucky type of gambling trade like this one..
So, I saw over $1k and just had to grab it and run! 😁💰🤙 (not bad for 7 minutes of lightning!)