Based on 73 years of data, this next Wed. July 3rd is historically the best day to be long for several months. July, especially the first two weeks, is historically one of the best periods of the year. QQQs have a large gap to close still, so pushing hard on IWM options for the next few weeks. I opened several large short-term IWM call spread positions with profits from the last two weeks and will add in size to any weakness tomorrow. Good luck to the longs, and may history be on your side. Slam away.
The Wednesday, July 3 is historically the best market day for the next two and a half months.
byu/pttrader22 inwallstreetbets
Posted by pttrader22
22 Comments
Thanks OP.. buying weekly puts
strike prices and which dates are you looking at around?
Puts it is thabks.
Ahh damnit now the whole day is fucked up thanks to this post
What if the 10YR rises 50bps?
Time for puts
I am guessing this Wednesday will now be the exception which proves the rule.
Are you that guy who predicted that thurs-fri two weeks ago were going to be some of the worst? if so I will do whatever you say
AKA, the July pump before the October dump.
Thanks, OP. Going all in on Thursday.
Have you correlated this data with whether Mercury is in retrograde?
Why IWM
Congrats and fuck you!
What does IWM stand for?
Does the scotus today’s decision have any effect ?
If TSLA hits 300 this month I’ll put my member in a blender and upload it to 4chan
It’s the fourth of july national US day so ofc the third there’s more optimism in the market overall when you look at past statistic.
NVDA is about to be 124 ![img](emote|t5_2th52|4275)
QQQ and SPY have tons of gaps to the downside and none to the upside. What gap is he considering bullish?
Why did you say good luck to the longs? Do long positions typically perform worse over time than short term options?
Is he “that guy” ?
What qqq expiration date you looking at?