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.  

    https://preview.redd.it/hub7ps1prz9d1.png?width=2878&format=png&auto=webp&s=5ce3bdf4ffbf783cd829dc76be84b7169b686c15

    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

    1. I am guessing this Wednesday will now be the exception which proves the rule.

    2. Formal_Yesterday8114 on

      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

    3. If TSLA hits 300 this month I’ll put my member in a blender and upload it to 4chan

    4. 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.

    5. QQQ and SPY have tons of gaps to the downside and none to the upside. What gap is he considering bullish?

    6. Why did you say good luck to the longs? Do long positions typically perform worse over time than short term options?

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