Business & Investing
Sponsored by

Stock Markets

22,082,991 Views | 224437 Replies | Last: 12 min ago by Heineken-Ashi
McInnis 03
How long do you want to ignore this user?
AG
Thanks for the writeup.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
La Bamba
How long do you want to ignore this user?
AG
So Trump threatens cutting funding to the WHO, and then they retaliate by releasing a report prematurely and with potentially false conclusions to spook markets (that which effects Trump's re-election). Color me f/n shocked.
Ragoo
How long do you want to ignore this user?
AG
Prognightmare said:

The release and retraction of that GILD was a calculated decision and illegal, imo. Market is spooked for today. Might as well open a beer.
yep. ****ed me. I held a losing position because it was trending back to zero. And then completely flushed it out.
La Bamba
How long do you want to ignore this user?
AG
La Bamba said:

Rice and Fries said:

La Bamba said:

SPY trying to go red. LOL
Seems like the floor of support is around $279.00
Look at the chart. Made a 283 top, then a 282 top, then a 281 top and now it's testing 280. Lower highs and while the 279 is acting as a base, re-testing a base against lower highs normally leads to that base being broken. Let's see if it can buck the trend.
And there goes your 279 support.
aggiedaniel06
How long do you want to ignore this user?
AG
Prognightmare said:

The release and retraction of that GILD was a calculated decision and criminal, imo. Market is spooked for today. Might as well open a beer.
The same thing can be said about last week's coordinated GILD pump as well. You gotta be careful out there.
$30,000 Millionaire
How long do you want to ignore this user?
AG
Seems like the GILD drug is not a magic bullet, but maybe helpful. The market reacted the first time like it was the "cure". funny how it sent the market ~5% higher, downside here is around 1%.
AgEng06
How long do you want to ignore this user?
AG
Dammit DFS
ProgN
How long do you want to ignore this user?
Yeah, but iirc, I've read previous stories of countries trying Remwhatever so that one makes more sense than the WHO, who has had more missteps on covid, releasing then retracting today's.
AgShaun00
How long do you want to ignore this user?
AG
Ragoo said:

Prognightmare said:

The release and retraction of that GILD was a calculated decision and illegal, imo. Market is spooked for today. Might as well open a beer.
yep. ****ed me. I held a losing position because it was trending back to zero. And then completely flushed it out.
sold my gild puts too soon, but riley says it does have a good impact. so much false information out there.
aggiedaniel06
How long do you want to ignore this user?
AG
In both cases, Gilead didn't release the info.

In both cases, it was leaked by people in order to help the agenda of their overlords.

We are just collateral damage in the games big boys play. This is why I am trading strictly on my indicators in this volatile market and so far so good.
ProgN
How long do you want to ignore this user?
SDC looks like a good end of day trade right here.
IrishTxAggie
How long do you want to ignore this user?
AG
AgEng06 said:

Dammit DFS
Just dump it if you're concerned about it. This is the biggest thing about options. You can't get worried whenever it's red. Have a plan and stick to it. But this is telling to me.
Maximus_Meridius
How long do you want to ignore this user?
AG
Premiums for the 4/24 SPY options going down to levels where I may risk a strangle...
AgEng06
How long do you want to ignore this user?
AG
You're right, I'll stop complaining.

I'm still going to hold it.
IrishTxAggie
How long do you want to ignore this user?
AG
DAL 5/15 26C. $1.3MM $0.71
Hendrix
How long do you want to ignore this user?
AG
added more. I'm done for now. should come out well in a post covid world. Thanks texags.
McInnis 03
How long do you want to ignore this user?
AG
IrishTxAggie said:

DAL 5/15 26C. $1.3MM $0.71

$30C had similar action, went there.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
IrishTxAggie
How long do you want to ignore this user?
AG
Not at that date and type of premium...
leoj
How long do you want to ignore this user?
AG
Ih&s on RUBI on the daily?
McInnis 03
How long do you want to ignore this user?
AG
IrishTxAggie said:

Not at that date and type of premium...
Hush, I'm up .8%.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
jsap
How long do you want to ignore this user?
Is there a reason why I can't sell covered call with cash in Fidelity. It wants me to select margin transaction.
McInnis 03
How long do you want to ignore this user?
AG
jsap said:

Is there a reason why I can't sell covered call with cash in Fidelity. It wants me to select margin transaction.
I'll have to defer to one of the Fidelity folks.

But to set the facts straight, you have 100 shares of the stock and you just want to sell the call?
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
ProgN
How long do you want to ignore this user?
jsap said:

Is there a reason why I can't sell covered call with cash in Fidelity. It wants me to select margin transaction.



Iirc, firms can't loan shares in your account if they're in a cash account. By moving it into a margin account then they can loan those out. Since you're selling someone the right to call those shares out, those shares have to be in a margin account. Legal definition of rights to your stock I believe.
jsap
How long do you want to ignore this user?
McInnis 03 said:

jsap said:

Is there a reason why I can't sell covered call with cash in Fidelity. It wants me to select margin transaction.
I'll have to defer to one of the Fidelity folks.

But to set the facts straight, you have 100 shares of the stock and you just want to sell the call?
That's correct.
OverSeas AG
How long do you want to ignore this user?
AG
Every knee shall bow and every tongue shall confess
McInnis 03
How long do you want to ignore this user?
AG
jsap said:

McInnis 03 said:

jsap said:

Is there a reason why I can't sell covered call with cash in Fidelity. It wants me to select margin transaction.
I'll have to defer to one of the Fidelity folks.

But to set the facts straight, you have 100 shares of the stock and you just want to sell the call?
That's correct.
Make sure you're just executing a single order instead of a full buy/write execution. All you want to do is "Sell to open" and then the number of contracts and expiration/strike you're trying to execute.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
jsap
How long do you want to ignore this user?
Prognightmare said:

jsap said:

Is there a reason why I can't sell covered call with cash in Fidelity. It wants me to select margin transaction.



Iirc, firms can't loan shares in your account if they're in a cash account. By moving it into a margin account then they can loan those out. Since you're selling someone the right to call those shares out, those shares have to be in a margin account. Legal definition of rights to your stock I believe.
That makes sense. That's why my portfolio gets converted to margin account even when I chose "cash" transaction during purchase or sell. Thanks!
jsap
How long do you want to ignore this user?
McInnis 03 said:

jsap said:

McInnis 03 said:

jsap said:

Is there a reason why I can't sell covered call with cash in Fidelity. It wants me to select margin transaction.
I'll have to defer to one of the Fidelity folks.

But to set the facts straight, you have 100 shares of the stock and you just want to sell the call?
That's correct.
Make sure you're just executing a single order instead of a full buy/write execution. All you want to do is "Sell to open" and then the number of contracts and expiration/strike you're trying to execute.
I did. I think what prog said made sense. Since the equity is in "margin", I have to select margin when selling the covered call.
gougler08
How long do you want to ignore this user?
AG
IrishTxAggie said:

DAL 5/15 26C. $1.3MM $0.71

Seems like it could be a good buy opportunity, they survived earnings and didn't break through the floor
AgEng06
How long do you want to ignore this user?
AG
gougler08 said:

IrishTxAggie said:

DAL 5/15 26C. $1.3MM $0.71

Seems like it could be a good buy opportunity, they survived earnings and didn't break through the floor
Almost got in on this at $0.69...but somehow I sent the order at market... so I'm in at $0.81.
McInnis 03
How long do you want to ignore this user?
AG
was that a freefall shakeout?
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
IrishTxAggie
How long do you want to ignore this user?
AG
AggiePeeps06
How long do you want to ignore this user?
AG
Interesting that the news about apple making their own chips didn't hit Intel harder today.

What time is earnings for intel?
McInnis 03
How long do you want to ignore this user?
AG
Been up and down in a big way at least once each day. Held that 15c for tomorrow until I couldn't take the suspense anymore and left it.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
La Bamba
How long do you want to ignore this user?
AG
Looking for that 14.50 breakout
First Page Last Page
Page 1383 of 6413
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.