Submitted by Confident_Abroad4984 t3_z3qdll in wallstreetbets
volepotsirh t1_ixn3jdz wrote
thats what everyone expext, plus puts are at all time high, so NO - the computers will push it and stop everyone on the way up - ~ 415 - 425
ErectoPeentrounus t1_ixnea6n wrote
but why not push 430 to stop out the 415-425 shorter? Then push 440 to stop 430 shorters and infinitely to new ATH?
WhyDoISmellToast t1_ixo0npf wrote
Because MMs are short calls also. Hence max pain theory
ErectoPeentrounus t1_ixo42fv wrote
Exactly!!
Sbmagnolia t1_ixnp8w6 wrote
Happens all the time. More puts are bought and the algorithms keep pushing higher until a breaking point.
ErectoPeentrounus t1_ixnq0bx wrote
I have history books that I stole from the future, we won’t push past 415. Even with me interfering with the timeline
not on this bear rally at least hehe
priceless4444 t1_ixoa70a wrote
Yep I agree 406-412 area on spy looks great for reject
Meatservoactuates t1_ixoh3d2 wrote
JPOW gonna crush this bear rally. My 401k gonna be cash before the 12th
computermademedoit t1_ixqc27b wrote
if you believe that you should cash out before the 29th since Jpow is speaking on the 30th.
isucktrading t1_ixowip4 wrote
447
isucktrading t1_ixowhpc wrote
447
ErectoPeentrounus t1_ixoxie2 wrote
how’d u know
Marketmmaker101 t1_ixn9ld9 wrote
It’s filled
isucktrading t1_ixowey4 wrote
447
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