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Unable-Ad3852 t1_j5yvbww wrote

There's definitely a "lunch time" stagnation on trading. But this holds water if there's no news or calendar activities.

5

Freecar1968 t1_j5yvtmd wrote

I usually sell calls at open because the pattern has been thats when there is the morning run up in price so I sell calls on green days and the morning run up.

5

No-Tailor5120 t1_j5yw0l3 wrote

yes i am currently learning this lesson at this very moment. i am crestfallen.

1

Freecar1968 t1_j5ywj85 wrote

Also the inverse when stocks are in "squeeze" action you jump on the puts game lol

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VisualMod t1_j5yuy68 wrote

>There is no particular reason why most of the price action happens before 10am EST, it is just a general trend that has been observed. There could be many reasons for this, such as more people trading during that time period or certain stocks being more active at that time.

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iridasdiii11ulke t1_j5yvo6x wrote

Nasdaq hit 200ma and bounced back down. It means that we’re not ready for a major rally and short term there is a high change that we’re going back down or stagnating here.

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No-Tailor5120 t1_j5ywj3h wrote

in case anyone gives a poop,

i bought a spy call @$405 expiring today. i am very much regretting not selling it right at open

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rain168 t1_j5z0h4o wrote

Price right now is same as at open, 403.06. Did you sell at this second opportunity you got?

I’m gonna say no.

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Sillybanana7 t1_j5z0s8g wrote

Because there's a lot to digest in the morning after news come out between market close and sleepy time. Also addicts start itching to gamble after so much time of sitting around and waiting for markets to open.

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VisualMod t1_j5yuxhj wrote

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