There's the $1 SPY Put. Thank you!
PM me if you are interested in the Slack channel and I will send you the invite link.yukmonkey said:
Any interest in setting up a Slack channel for this thread?
Just to make sure I'm understanding that correctly, you're selling the $327P, not buying. Correct?oldarmy1 said:
Gonna place a $327 SPY Puts for Wednesday. Take my $100/put if we continue upward but even if we get just a retrace to around $327 I can buy SPY against it, unless something crazy hits.
No I bought it as a hedge against the portfolio.wanderer said:Just to make sure I'm understanding that correctly, you're selling the $327P, not buying. Correct?oldarmy1 said:
Gonna place a $327 SPY Puts for Wednesday. Take my $100/put if we continue upward but even if we get just a retrace to around $327 I can buy SPY against it, unless something crazy hits.
That's right, its totally normal for bonds, gold, equities, real estate, and bitcoin to all be hitting highs at the same time. Great input.ehrmantraut said:
The overwhelming sentiment on this thread about the market "not making sense" is a overblown, IMO.
The fundamentals coming into the year, and all then all the way through March, were really good. We shut down about 75% of the economy and lost a ton of jobs, some temporarily, over the next 3 months. Business is back open now and will continue to slowly get back to full capacity by the end of the year.
All of this has happened in a span of 5 months. It's easy to get caught up in the media hysteria, but COVID is simply a blip on the radar as far as the market and the economy is concerned.
The market is forward-looking, and while some business may change because of COVID, I still see it as a temporary disruption in an otherwise fundamentally sound economy.
UpstateAg said:
Done with kodk short.
Out as well, but only a 20% gainer as I bought during the crazy day where it was being halted every 2 min and got the IV crush pretty hardleoj said:UpstateAg said:
Done with kodk short.
Curious what your % return was on this move? Great call
Still trying to decide. Have unloaded a little.McInnis 03 said:
Anyone holding SPCE into tonight?
McInnis 03 said:
Anyone holding SPCE into tonight?
i take that pillcanagian said:
Here's a penny stock for your consideration: $ACST
Canadian firm that has a highly refined krill oil in testing for lowering triglycerides and cholesterol. May show promise for reducing A1c as well.
They had a bit of a hiccup with phase 1 results in January because of an unexpectedly large placebo effect, but that seems to have been figured out. They report phase 2 results at the end of Aug.
Do me a favor and put all your money in fsly, jmia, sq, and cwhOrlando Ayala Cant Read said:
Anything to keep an eye on for after hours movement today?
Portnoy typically goes live 30 mins before close. Whatever he pumps usually runs a bit.Orlando Ayala Cant Read said:
Anything to keep an eye on for after hours movement today to make a move on before close?
Spreads on these are crazy. I'm such a degenerate.Prognightmare said:
CZR reports after the close
Formerly ERI
surely puts right? if it dumps I might add some commons as a long term hold.NRD09 said:Spreads on these are crazy. I'm such a degenerate.Prognightmare said:
CZR reports after the close
Formerly ERI
fooz said:Portnoy typically goes live 30 mins before close. Whatever he pumps usually runs a bit.Orlando Ayala Cant Read said:
Anything to keep an eye on for after hours movement today to make a move on before close?
I'll post the link when he goes live.
I bought a call, so...yeah probably putsBREwmaster said:surely puts right? if it dumps I might add some commons as a long term hold.NRD09 said:Spreads on these are crazy. I'm such a degenerate.Prognightmare said:
CZR reports after the close
Formerly ERI
yukmonkey said:
Any interest in setting up a Slack channel for this thread?
I am one of them, well really a small fraction of the volume.Slappy007 said:
SPCE with some big volume buys at $24 on the 5 min chart.