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22,011,633 Views | 224171 Replies | Last: 8 min ago by Spoony Love
gougler08
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AG
Guess the bulls came back from lunch, running a bit now
FriscoKid
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Yesterday's "hammer" was strong. Lots of buyers at that price. Same thing today.
ProgN
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gougler08 said:

Guess the bulls came back from lunch, running a bit now
I've never been more happy to be wrong.
FriscoKid
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AG
I still think the bottom is in, but if it breaks then hold on to your shorts.
59 South
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I've been expecting a double bottom flash down under 2700 as a Friday sell off. Maybe I'm wrong...

That was based off May- July major support.
59 South
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Hopefully the bottom is in for DBX and JD.
gougler08
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59 South said:

Hopefully the bottom is in for DBX and JD.


We've said that many times before
oldarmy1
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Not goofing off!

oldarmy1
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I bought Options out to next Friday across all financial stocks. Friday options stall since they don't want to pay the expiration gamblers today. Expect a good move Monday.
AggiePeeps06
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Did you go index or specific names?
leoj
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Oldarmy, you looking at C at all?

Also 30 bags? That's the good stuff
oldarmy1
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AggiePeeps06 said:

Did you go index or specific names?


I went WFC, JPM, GS, BAC
oldarmy1
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Airplane doors closed and I am now violating FAA rules. Later!
59 South
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AggiePeeps06
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WestTexAg12
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New to options, kinda.

For BAC ($31 Calls) and JPM ($115 calls), are these good options to buy for the Friday expiration that OA mentioned? I noticed the volume on each of these are relatively high
"Give me an army of West Point graduates and I'll win a battle. Give me a handful of Texas Aggies, and I'll win the war.”
- General George S. Patton
gougler08
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Nice rally to close on a Friday...I'm very surprised
Ragoo
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gougler08 said:

Nice rally to close on a Friday...I'm very surprised
gougler08
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WestTexAg12 said:

New to options, kinda.

For BAC ($31 Calls) and JPM ($115 calls), are these good options to buy for the Friday expiration that OA mentioned? I noticed the volume on each of these are relatively high


Most of what OA mentions are good ideas, but you may want to go a bit closer to the current price since you only have 5 days
WestTexAg12
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I ended up going with $30 calls for BAC.
"Give me an army of West Point graduates and I'll win a battle. Give me a handful of Texas Aggies, and I'll win the war.”
- General George S. Patton
IrishTxAggie
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WestTexAg12 said:

I ended up going with $30 calls for BAC.


And it's not a brag by any means on OA, but be prepared to have a slightly higher premium than OA at times because his plays "COULD" create a swing on an individual equity at times if he is passionate enough about it.
gougler08
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SQ was awesome for me this week...I may dip back in early next week if that gap doesn't fill Monday
gougler08
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Futures going green
oldarmy1
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NIO getting more SUV's out of production and demand grows. We're gonna get a ride sooner or later while laughing at the "experts" initiating $4.20-$8 targets.

http://www.streetinsider.com/Guidance/NIO+Inc.+%28NIO%29+Delivered+1%2C766+ES8+Vehicles+in+September+and+3%2C268+Vehicles+for+Q3/14703183.html?si_client=intbro
oldarmy1
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Our bank stocks all bucking the S&P early. Need S&P to come fully green for a ride higher. Lot of volitilaty likely to remain so take some option profits on any spike moves and then see if an engaged push higher occurs.

gougler08
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You just went with weeklies right?
ProgN
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OA, with Trump requesting legislation from Congress regarding the decriminalization of marijuana would it be a good time to take long term positions in those stocks? If so, which ones do you like.
oldarmy1
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Only one I'm in is CRON. Made a killing on TLRY options both directions as you know.

I haven't studied them but others in here have so how about we start with a list of them all?
ProgN
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oldarmy1 said:

Only one I'm in is CRON. Made a killing on TLRY options both directions as you know.

I haven't studied them but others in here have so how about we start with a list of them all?
NBEV
CGC (Cramer's favorite)
CRON
IGC
TLRY
jtmoney03
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Prognightmare said:

oldarmy1 said:

Only one I'm in is CRON. Made a killing on TLRY options both directions as you know.

I haven't studied them but others in here have so how about we start with a list of them all?
NBEV
CGC (Cramer's favorite)
CRON

IGC
ProgN
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I added it to list, thx.
ProgN
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Ragoo
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Need twtr over 29. Hoping for a run up into earnings next week.
oldarmy1
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NIO had 2 shakes earlier and recovered back over $8. Resistance at $8.10 area but underlying strength looks good.
UpstateAg
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NIO looks good. Want to buy more but waited for it to go back to 5.90s. Looks like that won't happen.
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