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22,092,490 Views | 224494 Replies | Last: 7 min ago by bigtoneag
AgEng06
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If it actually hits $150 (strike price), will it automatically "buy" the total contract worth of shares? So if I don't actually want that, I want to close prior to $150?

And thanks for fielding these newb questions. I appreciate it.
McInnis 03
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AG
SNAP just dropped big on word that they're getting shorted by major hedge fund. LONG term bear, but immediate model T could happen now.
ProgN
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In reality it the stock is over 150 by expiration you'd have to have the money in your account and then it would exercise but I suspect you'll be selling it at a profit prior to 5/11
La Bamba
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AG
Permabull Tom Lee at it again. But he may not be wrong.

AgEng06
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Thank you
AgEng06
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I'll do that. Thanks.
gougler08
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La Bamba said:

Permabull Tom Lee at it again. But he may not be wrong.


Agree that it makes no sense, but man this 275/276 support is something serious right now
Brewmaster
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Permabear Doomster, lol, great twitter handle. Is he any relation to claym? LOL, j/k Clay
La Bamba
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BREwmaster said:

Permabear Doomster, lol, great twitter handle. Is he any relation to claym? LOL, j/k Clay
I actually thought of Clay when posting that tweet. I imagine some dude sitting in his trader's chair with 7 computer monitors just rolling his eyes.
Brewmaster
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Prognightmare said:

Jizzle89 said:

Who on here subscribes to Manic Trading?

I see it's $149 a month, I think it is worth trying....

Their calls lately (from private twitter to subscribers) have been on fire....

Anyone with a recommendation for or against?
BrewMaster is a paying member IIRC, you might want to find him.
I was a Hidden Pivots subscriber... but canceled when the market dumped (everything on sale I don't need help choosing, lol). I've also since learned how to do fib levels in tradingview, makes a difference for sure.

I liked HP's service, but I think I've had just as many winners here (if not more) than there.
khaos288
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jbeck3487 said:

I use it and recommend it. Just make sure you know it entails watching pretty closely. Also, make sure you create your own goals and stick to trading them.

It's not an educational service. They just provide their trades.


Yep. Recommend if you have a handle on what you're doing but what to pay someone else to watch levels for you all week long.
Aggie1391
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khaos288 said:

jbeck3487 said:

I use it and recommend it. Just make sure you know it entails watching pretty closely. Also, make sure you create your own goals and stick to trading them.

It's not an educational service. They just provide their trades.


Yep. Recommend if you have a handle on what you're doing but what to pay someone else to watch levels for you all week long.
How many trades to they post each day on average?
Carlo4
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gougler08 said:

La Bamba said:

Permabull Tom Lee at it again. But he may not be wrong.


Agree that it makes no sense, but man this 275/276 support is something serious right now
[url=][/url]

Here is a chart i found showing the 2008 crash. The tweet response is being incredibly literal. I'm a literal guy, which caused me to do some digging. We had three instances of losing 30% and then recovering half of it back.

The first fall in 2008 was 36% with 43% retracement. The second fall was only 29% but had 67% retracement. The third was another 29% fall, which then led to a full recovery.

khaos288
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Aggie1391 said:

khaos288 said:

jbeck3487 said:

I use it and recommend it. Just make sure you know it entails watching pretty closely. Also, make sure you create your own goals and stick to trading them.

It's not an educational service. They just provide their trades.


Yep. Recommend if you have a handle on what you're doing but what to pay someone else to watch levels for you all week long.
How many trades to they post each day on average?


I'd say 3-4 a day on average. Slow days they do none. Big days they don't 7-8
deadbq03
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Carlo4 said:

gougler08 said:

La Bamba said:

Permabull Tom Lee at it again. But he may not be wrong.


Agree that it makes no sense, but man this 275/276 support is something serious right now
[url=][/url]

Here is a chart i found showing the 2008 crash. The tweet response is being incredibly literal. I'm a literal guy, which caused me to do some digging. We had three instances of losing 30% and then recovering half of it back.

The first fall in 2008 was 36% with 49% retracement. The second fall was only 29% but had 67% retracement. The third was another 29% fall, which then led to a full recovery.


Everyone knows close only counts in horseshoes and hand grenades. 29% is wayyyy different than 30%.
McInnis 03
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72000 contracts went through on BA 145C for TOMORROW
TChaney
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gougler08
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McInnis 03 said:

72000 contracts went through on BA 145C for TOMORROW
Gotta be banking on positive Trump news right?
khaos288
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McInnis 03 said:

72000 contracts went through on BA 145C for TOMORROW


I'll take 2
aggiedaniel06
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I'll sell you those.
BB675
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AG
Is CODX legit? Or a short?
Maximus_Meridius
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McInnis 03 said:

72000 contracts went through on BA 145C for TOMORROW
I just...I can't...no...just...no...

I just can't even make myself buy one.
Post removed:
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$30,000 Millionaire
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AG
re: the permabull. Trends and history is not law. This could be 1/11 with a new low.
Aggie1391
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McInnis 03 said:

72000 contracts went through on BA 145C for TOMORROW
Is there a way to see if that's buying calls back that they previously sold?
Charismatic Megafauna
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Maximus_Meridius said:

McInnis 03 said:

72000 contracts went through on BA 145C for TOMORROW
I just...I can't...no...just...no...

I just can't even make myself buy one.
ditto this. I hate BA so much but I want to grab one. They're still $1.40 each. That's $10M someone dropped
ProgN
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Fed governor just said," we're not done yet" and the markets jumped
iluvpoker
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Prognightmare said:

gvine07 said:

Prognightmare said:

Carlo4 said:

I wonder if Cuomo's announcement will be the push the end of the bear market rally.
I think what Abbott says tomorrow at his presser carries more weight for the market. No one expected NY, NJ etc to open at the beginning of May.


New York is passed its peak, Texas is projected to be 2 weeks out from our peak. Don't expect it to be back to normal in Texas soon
I'm expecting Abbott to announce partial opening of all business on May 1st.


Wish you were right, but I don't believe you are right. Lots of businesses will stay shutdown in May is my guess.
TV Casualty
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NRD09 said:

Maximus_Meridius said:

McInnis 03 said:

72000 contracts went through on BA 145C for TOMORROW
I just...I can't...no...just...no...

I just can't even make myself buy one.
ditto this. I hate BA so much but I want to grab one. They're still $1.40 each. That's $10M someone dropped


I bought some when I saw the calls coming in. Sold them off for a quick scalp with a 25% profit. I don't feel good enough about it to hold over night.
$30,000 Millionaire
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Prognightmare said:

Fed governor just said," we're not done yet" and the markets jumped
remember when I was saying the fed wouldn't allow a down day?
ProgN
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Nah, protests are already being planned in other states for an end to lockdowns. Texas cases are minuscule. We're partially reopening
zag213004
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After taking PUT hits I finally locked in to a call opportunity posted by the danshep guy a couple of people had mentioned (on his nonpaid Twitter). $ROKU and $NVDA. 472% and 100% profit respectively on them this morning... Made all the losses back and then some.... I'm new at this so right now I'm simply just happy for a turnaround even if it is for a fleeting moment.
GigEmRangers75455
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TRNX and I'm holding 40,000 shares! Climb baby!
iluvpoker
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Prognightmare said:

Nah, protests are already being planned in other states for an end to lockdowns. Texas cases are minuscule. We're partially reopening


You said Abbott will announce that he is partially reopening ALL businesses on 5/1. I don't believe he will. Some businesses? Yes. All businesses? Nope! I hope you're right.
PPAag06
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Trump tweet: "Major News Conference tonight, the White House at 6:00 P.M. (Eastern), to explain Guidelines for OPENING UP AMERICA AGAIN"
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