Here comes the build....
Yeah, I'm still holding those.BREwmaster said:
PN are you still long AMD 60's? kind of wish I'd sold them at open, but still have time (5/29).
I'm not an accountant but I would think you'd still be able to write off the loss.gougler08 said:Selfishly bumpinggougler08 said:
Random wash sale question...I sold some stock at a loss on April 6th and then sold puts that expired on May 15th and bought some stock back. I should still be able to count the loss since it was 30+ days apart from sell and buy correct?
oldarmy1 said:
Here comes the build....
Sold 50% up 100% and will look for $125 to sell 25% more. Might call out remaining shares and write a covered call if it has continuation above there.fightintxag13 said:
What is your target on the weekly ROKU calls?
That's my understanding too, guess I'll just have to remember to look at the end of the yearPrognightmare said:I'm not an accountant but I would think you'd still be able to write off the loss.gougler08 said:Selfishly bumpinggougler08 said:
Random wash sale question...I sold some stock at a loss on April 6th and then sold puts that expired on May 15th and bought some stock back. I should still be able to count the loss since it was 30+ days apart from sell and buy correct?
oldarmy1 said:
New SPY highs
I usually get in these late in the day. Good luck brother!McInnis 03 said:Well, let's see what happens. I'm in one.12thMan86 said:Market was at 2825Ish and it was around 1:45 I believeMcInnis 03 said:12thMan86 said:Ragoo said:
I think I am only going to buy verticals from here on out. Profit is capped but risk is significantly reduced.
I'll tell you what are fun are SPX verticals that expire the same day. They are lottos but work regularly in this violent market. On Friday I bought the 2850-2855 call vertical for .65 late in the day. It maxed out at 4.65. I've done these for the last month. Hit about 40%. When you can hit 40 percent and make anywhere from 5:1 to 9:1, it works. You have to be right on your direction of course. Theta decay works in your favor big time.
I agree I have started buying more verticals. The key is how far out you buy them.
Good luck!
When you bought this how far otm were both these strikes?
I wish I wouldn't have done this. The movement is ****ing awesome.12thMan86 said:I usually get in these late in the day. Good luck brother!McInnis 03 said:Well, let's see what happens. I'm in one.12thMan86 said:Market was at 2825Ish and it was around 1:45 I believeMcInnis 03 said:12thMan86 said:Ragoo said:
I think I am only going to buy verticals from here on out. Profit is capped but risk is significantly reduced.
I'll tell you what are fun are SPX verticals that expire the same day. They are lottos but work regularly in this violent market. On Friday I bought the 2850-2855 call vertical for .65 late in the day. It maxed out at 4.65. I've done these for the last month. Hit about 40%. When you can hit 40 percent and make anywhere from 5:1 to 9:1, it works. You have to be right on your direction of course. Theta decay works in your favor big time.
I agree I have started buying more verticals. The key is how far out you buy them.
Good luck!
When you bought this how far otm were both these strikes?
oldarmy1 said:Sold 50% up 100% and will look for $125 to sell 25% more. Might call out remaining shares and write a covered call if it has continuation above there.fightintxag13 said:
What is your target on the weekly ROKU calls?
I have shares and have been selling a little. Do you think that is the way to go or sell it all?oldarmy1 said:
Exited 100% of SLV calls
Got damn!Prognightmare said:
Hey, remember ohhhh about 3 weeks ago and I told you about RH under $80?
time for puts?Aggierific said:
So,SPY magnet time? Please?
Careful or JPOW might hear you and start BRRR'ingAgShaun00 said:time for puts?Aggierific said:
So,SPY magnet time? Please?
buying puts yet? or just as a hedge? Hourly chart looks like a cup n handle forming, but the drop on the handle hasn't formed yet.oldarmy1 said:
Remaining SPY calls $294 $295 expiring today and $300 expiring Wednesday. If we see $295 I sell the $294's.
Are you getting in on these? That was a HUGE buy.IrishTxAggie said:
huge call buyers on HPQ 7/17 17C
IrishTxAggie said:
There are rumors of some funny money accounting on GE