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22,104,896 Views | 224603 Replies | Last: 1 min ago by Spoony Love
Shiner Bock
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damn airlines poppin
IrishTxAggie
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IrishTxAggie said:

From yesterday. Think I'll stay with a bit of a bullish sentiment on DAL for the time being...

Prison...No one cares...
ProgN
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Might be because it's Friday but the volume on SDC isn't there today. Something keep your eyes on if you were looking for a re-entry point at $5 or lower.
Rice and Fries
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IrishTxAggie said:



I give you the DAL options...
WTF does that even mean? He will buy all their tickets and no one will use the airlines still?
gig em 02
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Rice and Fries said:

IrishTxAggie said:



I give you the DAL options...
WTF does that even mean? He will buy all their tickets and no one will use the airlines still?


It means "hey if you are short the airlines then too bad I'm going to manipulate the market temporarily"
oldarmy1
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It means with all known travel by government departments investing in 5 years worth of tickets is an option. Heck, it might be one of the few times the government buys at lower prices than where tickets will be in 3-5 years.
AggiePeeps06
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Airlines haven't popped that much on the news.
oldarmy1
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Don't look now but JPM almost back to even.
gig em 02
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There's an interesting one for the politics board - "Should the federal government use their unlimited bank account to stock up on cheap supplies for the future?"
Ranger222
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Its all fake at this point anyway. The government is going to buy fake tickets with their fake paper money and everything will be ok.
McInnis 03
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gig em 02 said:

There's an interesting one for the politics board - "Should the federal government use their unlimited bank account to stock up on cheap supplies for the future?"
Amd then auction off lots whem the market stabilizes?
***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
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gougler08
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Prognightmare said:

Might be because it's Friday but the volume on SDC isn't there today. Something keep your eyes on if you were looking for a re-entry point at $5 or lower.


I'm actually surprised my naked puts at 5.50 will actually give me an entry point now. I'll take it though!
claym711
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I agree that this bounce is not being used as an opportunity to exit, but as justification to hold. Current price action does not reflect VIX 30-50 levels.

What do you see if you roll your charts back to 00-01, 08-09, and 2011? Not a snarky question.
IrishTxAggie
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AggiePeeps06 said:

Airlines haven't popped that much on the news.
Actuaries and analysts are in the backroom trying to figure out how much the government spends on airline tickets right now.
Shiner Bock
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IrishTxAggie said:

AggiePeeps06 said:

Airlines haven't popped that much on the news.
Actuaries and analysts are in the backroom trying to figure out how much the government spends on airline tickets right now.
Alot. They buy refundable tickets only.
leoj
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$30,000 Millionaire
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claym711 said:

I agree that this bounce is not being used as an opportunity to exit, but as justification to hold. Current price action does not reflect VIX 30-50 levels.

What do you see if you roll your charts back to 00-01, 08-09, and 2011? Not a snarky question.
but it's going to be different this time!!
ProgN
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gougler08 said:

Prognightmare said:

Might be because it's Friday but the volume on SDC isn't there today. Something keep your eyes on if you were looking for a re-entry point at $5 or lower.


I'm actually surprised my naked puts at 5.50 will actually give me an entry point now. I'll take it though!
nvm
gougler08
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Prognightmare said:

gougler08 said:

Prognightmare said:

Might be because it's Friday but the volume on SDC isn't there today. Something keep your eyes on if you were looking for a re-entry point at $5 or lower.


I'm actually surprised my naked puts at 5.50 will actually give me an entry point now. I'll take it though!
They expire today? If so..........



My friend, because I think it falls at the close.


Yep, entry point will be 4.80 unless we have a run at the close. I like the setup
Pignorant
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Saw a few comments earlier about COF. It look to be a good buy and hold at these levels?
pb488
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IrishTxAggie said:

IrishTxAggie said:

From yesterday. Think I'll stay with a bit of a bullish sentiment on DAL for the time being...

Prison...No one cares...


me at these posts

ProgN
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Sorry, my head isn't in it today. I had a rough morning dealing with our stores. I was seeing that a different way when I posted that, now edited.

$4.80 is still a good price. It breaks below $5 I'll be looking to go long again.
Rice and Fries
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OA1,

What long term covered call option would you be selling for MSFT? Looking at $195s for July 17th. Sell a call $400 to lower my net entry from $173 to $169.

I am just expecting their cloud growth with transition to online WFH will be astounding.
McInnis 03
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Hey Oracle, what's the finish today?
***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
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McInnis 03 said:

Hey Oracle, what's the finish today?
I'll take a swing at it at 1:30
McInnis 03
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Is it just me or is the overall volume on SPY today just miniscule?
***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
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Lots of put buying MSFT. There's even more, but this is the cluster against ER.


Edit:
Multimillion dollar bet just came in on those puts
oldarmy1
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leoj said:


https://seekingalpha.com/article/4339327-3-reasons-why-crowdstrike-will-probably-thrive-in-coronavirus-times
OverSeas AG
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Every knee shall bow and every tongue shall confess
oldarmy1
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Rice and Fries said:

OA1,

What long term covered call option would you be selling for MSFT? Looking at $195s for July 17th. Sell a call $400 to lower my net entry from $173 to $169.

I am just expecting their cloud growth with transition to online WFH will be astounding.
I would wait to see it close to $180 before going covered calls.
McInnis 03
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Damn. I'm thinkin gabout YOLOing that 172.50P for MSFT.
***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
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Basically
McInnis 03
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That's "I don't care about jail" kind stuff.
***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
McInnis 03
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That's $16MM now on the 172.5P
***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
khaos288
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McInnis 03 said:

That's $16MM now on the 172.5P
eff it, I'm in for a few.

That other guy is the blitz now, so what's the worst that could happen
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