59 South said:
Observing the intraday emotional swings on here is what will make me never leave. Please never change!
Kind of like a game day thread.....only a lot more civil.
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Kind of like a game day thread.....only a lot more civil.
Ha great analogy. I've never followed those game day threads but can only imagine.
We're up 24-0 in the 3rd and everyone loses it over a 3 and out. Like here where you get the random comment like 'ROKU needs to get it's act together. What is wrong with it?' with frowny face. Then you check it and it's down a couple of dollars after going up 20 in the past week or so.
ETA I'm pretty sure the only difference in civility is due to alcohol consumption. Can you imagine this thread in real time if everyone had had a few beers?
We're up 24-0 in the 3rd and everyone loses it over a 3 and out. Like here where you get the random comment like 'ROKU needs to get it's act together. What is wrong with it?' with frowny face. Then you check it and it's down a couple of dollars after going up 20 in the past week or so.
ETA I'm pretty sure the only difference in civility is due to alcohol consumption. Can you imagine this thread in real time if everyone had had a few beers?
So for me....FishrCoAg said:Walk us thru how you're playing this. Buy the Jan 4c for 6.20ish and then???McInnis 03 said:THAT is your poor man's covered call strategy poster child!Prognightmare said:
SIG getting real damn close to a buy if you're looking for lower priced stocks.
I bought the Jan '21 $4C for a bit over $6 each (stock trading at $10 at the the time, this is effectively minimal premium)
Next, I'll wait for a SIG up day (you can be impatient, but waiting for an up day may eek you out a bit more credit) and pick a call and date you want to sell. If you want to do weekly, you could potentially "sell to open" the 7/2 $11C, or $11.50 call, or the $10.50 call, or whatever your risk/premium taste is. You can sell further out to collect more premium. You could do monthly's (7/17, 8/21, etc), or weekly's on whatever time frame works for you.
I'll continue to sell covered calls (the long $4c is your coverage) until I'm either called out, or until I have an opportunity to turn the $4c for a nice profit as well. Each sale of covered call lowers your premium on the product you own for the duration you own it.
Say I have the $11C sold for 7/2 and SIG shoots to $12. I can choose to roll my $11C out to a further date and reissue, or I can buy it back, or I can let the $11C get called out, get paid $1100 per contract, and exercise my $4C to cover the equity need (which I paid $6.xx for), or you can just do a diagonal sell and buy back the $11C and sell the $4C at the same time in one transaction. There are so many ways to handle this strategy.
I realize that may not be very clear, let me know if I need to get more specific.
***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
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
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A few beers by what time in the morning?Quote:
Can you imagine this thread in real time if everyone had had a few beers?
It sounds like this will be in play for Q3 in order to make sure the stimulus isn't pocketed or perceived to be pocketed by "the wealthy" and then the banks turn around and need additional help to stay afloat? Not a good look and negative news will continue to take it's toll, but I don't think this changes much in the long term for banks.Quote:
Fed puts restrictions on bank dividends after test finds some banks could be stressed in pandemic
Every knee shall bow and every tongue shall confess
User name checks out
I'm thinking similar to a tailgate for a 11am game. A couple by 8:30 open, sixer by late morning and fully sauced by 3pm close.
FYI I'm 6 hours ahead so if you see me posting later in the day on Fridays I'm likely sauced.
I'm thinking similar to a tailgate for a 11am game. A couple by 8:30 open, sixer by late morning and fully sauced by 3pm close.
FYI I'm 6 hours ahead so if you see me posting later in the day on Fridays I'm likely sauced.
I'm usually 1/2 a bottle of Irish cream and two bottles of champagne in by the time kickoff rolls around for a 11AM kick
McInnis 03 said:
FSLY looks like it's ready to go.
Hope not. Shorted it today at 81.75. Currently a loser but we shall see. Thankful I shorted NKE as well.
That's pretty clear, and how I had it pictured. Just needed to clarify what strikes you were selling. Thanks!
Of course. I wish I could buy calls on $WOKE
Yes! I'll brew it! what we drinking?59 South said:
. Can you imagine this thread in real time if everyone had had a few beers?
although someone take my access to my options account away, I'd be liable to YOLO my account into the ground.
With banks deferring payments and now flush with PPP fee income, there was going to be a heightened motivation to increase dividends.
Deferred payments substantially increases interest income for banks. 2nd quarter bank earnings are going to be stupid good, in a sea of shlt earnings throughout the rest of corporate America. Now I expect banks to take COVID related charges to clean up a bunch of crap, but underlying earnings are going to be unreal.
Deferred payments substantially increases interest income for banks. 2nd quarter bank earnings are going to be stupid good, in a sea of shlt earnings throughout the rest of corporate America. Now I expect banks to take COVID related charges to clean up a bunch of crap, but underlying earnings are going to be unreal.
ES flat with stress test news.
What is the DD on ZOM? I got in at .155 on that offering drop, been holding with diamond hands, waiting for a big pop, but I know little about it.OverSeas AG said:
Been working on a project this week (first as my own little consulting firm),so finding it hard to do much day trading that is for sure. However my ZOM is kicking tail. And Again I have to thank OA for being so gracious with his time and knowledge to us. Thank you.
Every knee shall bow and every tongue shall confess
Can someone give me the quick skinny on ONTX?
Biotech with a strong channel moving up. Cancer treatment maker with a product in phase 3.
Recently stopped a reverse split meaning they expect the price, in the near term to go over $1.
Some have loaded the boat at anything less than .50.
Recently stopped a reverse split meaning they expect the price, in the near term to go over $1.
Some have loaded the boat at anything less than .50.
CrazyRichAggie said:
The Iran nuked itself??
***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
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
I think there's a thread on Politics that determined this to be #FakeNews
***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
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
Is he just buying all of Portnoy's stocks?
That hurts to see if real
tsuag10 said:
I think there's a thread on Politics that determined this to be #FakeNews
Great
panduh bear said:
Biotech with a strong channel moving up. Cancer treatment maker with a product in phase 3.
Recently stopped a reverse split meaning they expect the price, in the near term to go over $1.
Some have loaded the boat at anything less than .50.
Thank you
Jet Black said:panduh bear said:
Biotech with a strong channel moving up. Cancer treatment maker with a product in phase 3.
Recently stopped a reverse split meaning they expect the price, in the near term to go over $1.
Some have loaded the boat at anything less than .50.
Thank you
I bought 3k shares today just off everyone talking about it. Sounds like I need to get more
OverSeas AG said:
Been working on a project this week (first as my own little consulting firm),so finding it hard to do much day trading that is for sure. However my ZOM is kicking tail. And Again I have to thank OA for being so gracious with his time and knowledge to us. Thank you.
All I can say about my client is they have the Ice Cream problem. They love ice cream, have some money and have bought and eaten way too much ice cream than they should have. Now they have a fat belly and want to fix it overnight.
Still watching and still trying to learn to trade better!
Congratulations on your new venture and best wishes for your success.
tam2002 said:Jet Black said:panduh bear said:
Biotech with a strong channel moving up. Cancer treatment maker with a product in phase 3.
Recently stopped a reverse split meaning they expect the price, in the near term to go over $1.
Some have loaded the boat at anything less than .50.
Thank you
I bought 3k shares today just off everyone talking about it. Sounds like I need to get more
Don't put it all there, make sure you allot some for Tyson.
TTOO has done well today and AH, hoping there is some good PR. Not THAT good, want it to sit at $2.49 for a while.
**** ROKU59 South said:
Ha great analogy. I've never followed those game day threads but can only imagine.
We're up 24-0 in the 3rd and everyone loses it over a 3 and out. Like here where you get the random comment like 'ROKU needs to get it's act together. What is wrong with it?' with frowny face. Then you check it and it's down a couple of dollars after going up 20 in the past week or so.
ETA I'm pretty sure the only difference in civility is due to alcohol consumption. Can you imagine this thread in real time if everyone had had a few beers?
Dr. Horrible said:**** ROKU59 South said:
Ha great analogy. I've never followed those game day threads but can only imagine.
We're up 24-0 in the 3rd and everyone loses it over a 3 and out. Like here where you get the random comment like 'ROKU needs to get it's act together. What is wrong with it?' with frowny face. Then you check it and it's down a couple of dollars after going up 20 in the past week or so.
ETA I'm pretty sure the only difference in civility is due to alcohol consumption. Can you imagine this thread in real time if everyone had had a few beers?
So who's the ref in this scenario? I vote random Twitter jackasses. *******s throwing around tweets left and right are akin to blown calls, forcing a punt on a promising drive.
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