QQQ gonna go nuts tomorrow, SPY should go batty too.

I played these 7 going into earnings this afternoon (the first 4 being butterflies)

Had to make a quick spreadsheet to keep track of after hours prices. Now, the trickiest part for me, knowing when and how much to close a butterfly for. Hopefully it's a problem I have to worry about...

If it uses electricity, it's going higher tomorrow.

McInnis 03 said:

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Apple splitting 4:1

ROCKET SHIP

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What happens when you are holding an option and split happens? Do you get 4:1 on your option or it will just be worth a crap ton more?

McInnis 03 said:

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Wtf is he wearing

Wow. We are going to have one hell of a gap up tomorrow.

The options will split as well and your strikes are at one quarter of the original number.

His Twitter feed has been gold ever since he started following stocks.

I should have backed up the truck on my 8/3 323 calls. Instead I *****footed around.

McInnis 03 said:

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QQQ gonna go nuts tomorrow, SPY should go batty too.

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It's already up 2% after hours. I went ahead and got some SQQQ and UVXY... I don't think it will continue. Made out like a bandit this morning with it, so I'll try again.

McInnis 03 said:

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Apple splitting 4:1

ROCKET SHIP

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Am I totally delusional to think if you didn't make any moves from here on out with Apple, by the time all the new buyers come in and things settle again a current APPL holding might be worth 3-4 times what it is now?

wanderer said:

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I played these 7 going into earnings this afternoon (the first 4 being butterflies)

Had to make a quick spreadsheet to keep track of after hours prices. Now, the trickiest part for me, knowing when and how much to close a butterfly for. Hopefully it's a problem I have to worry about...

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You might check your sheet, I think your profits between numbers are off on Amazon

Orlando Ayala Cant Read said:

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McInnis 03 said:

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Apple splitting 4:1

ROCKET SHIP

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Am I totally delusional to think if you didn't make any moves from here on out with Apple, by the time all the new buyers come in and things settle again a current APPL holding might be worth 3-4 times what it is now?

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Nope. Same question was made after the last split a few years ago that made it around $90.

You're correct. All my breakeven #s are off. I'll need to fix it.

The AMZN butterfly for example cost me $3.15. If I'm understanding this correct, breakeven prices would be $3203.15 (lower strike + premium) & $3296.85 (upper strike - premium)

Correct?

CBAY up bigly after hours

Tomorrow finna be a good day.

Brian Earl Spilner said:

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Tomorrow finna be a good day.

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For?

I'm just wondering when amazon is going to split.

I don't think splits are necessary anymore since pretty much every broker let's people get fractional shares. I hope it's seen as a gimmick one day.

As of now I'm just hoping all the goodwill I got with Apples news doesn't get offset by some sorta ONTX tank(God forbid !). Got my stop on quote prices set up but companies like this....when they start diving they dive right past those stop on quote prices.

I believe tomorrow is day 10 on ONTX? At that point maybe at the very least it gets a nice surge from Robinhooders. Then hopefully we stil have some positive PR to play out after that. The good news is that the guys on ETrade have it as a $2 target so at least its not just Ags pumping it up haha

AMZN & GOOGL need to keep moving up. FB & AAPL need to come back down (for me anyway)

wanderer said:

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AMZN & GOOGL need to keep moving up. FB & AAPL need to come back down (for me anyway)

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AAPL with a 4:1 stock split, it ain't coming down.

Orlando Ayala Cant Read said:

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Brian Earl Spilner said:

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Tomorrow finna be a good day.

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For?

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For England, James

This guy with a seemingly ok track record just put in a $2PT for ONTX today.

gvine07 said:

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I don't think splits are necessary anymore since pretty much every broker let's people get fractional shares. I hope it's seen as a gimmick one day.

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I agree. But look at Apple lol

really curious how tomorrow opens. I bet we see some +/- 1% in each of the FANG stocks over the course of the day due to profit taking and the natural ebbs and flows of the market.

in terms of what I have for tomorrow:

07/31

• TSLA bull put: 1500/1450 (need it to go over 1,500 tomorrow)
• AAPL 390/400/410 C McFly03 (want 400)
• AMZN 3160/3190/3220 C Fly
• AMZN 3200 / 3250 / 3300 C Fly
• AMZN 2975/3000/3025 P Fly (cheap hedge, sacrificed a whopping $150)
• AMZN short condor: 3050/3210/3050/2890

08/21

• QQQ 260C
• SPY 324C

My goal is to get a big win on a fly (feels like I will), and get out of the condor hopefully during a small dip. I will profit taking on QQQ and SPY calls.

solid take I think (3400 before any big pullback)... sorry no emojis, I know some of you like those

Not going to bed too excited or down. Fb and aapl are at the edge of the upper wings. Amzn at the bottom. I'd love for some fomo to give us 30 pts on amzn. Tomorrow is going to be a pain to watch and I'll be vacationing the fam! I'll probably get the wife to drive!!

When the documentary on 2020 comes out, Davey Day Trader Global will play a staring role in the dramatic rise and fall.....unless this V correction now is just the next 10yr bull run after a COVID bear trap.