One might say maxing out on BA Jan2022 $245 calls really helped my account take off.
Stock Markets
25,017,920 Views |
233794 Replies |
Last: 4 hrs ago by Brewmaster
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,971
How long do you want to ignore this user?
BRQS and DPW Volume!
Just rolled my Mar 10 cc to July 25's for $1.00 credit.spud1910 said:Glad I bought back my $10 cc for next week on the opening dip.TecRecAg said:
EBON 10 day avg volume is 16M+. Currently at half that 30 minutes into session. Wow
Then let it be a sign.$30,000 Millionaire said:
want to see a text book bull flag? This is right now on the 1 minute chart for SYN.
I was just speaking on this as someone who bought into GME at $26 and has been riding this wave of ups and downs.Decay said:Nothing wrong with making money on a volatile stock... but keep a tight eye on it and don't risk a lot!Rice and Fries said:Seriously don't do it. The stock is all over the place.CastleRock said:
Somebody talk me out of buying GME April $50 puts
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,971
How long do you want to ignore this user?
KT 90 said:Jet Black said:
Covered calls question. If you sell covered calls and the stock takes off do you ever buy the calls back at a loss?
I'd love to hear thoughts on when to/not do this.
Sometimes I will wait for a retrace or model T to buy back with the intention of selling higher strikes when it resumes running. Other times I'll try to roll it up and out on the up move. If it's part of a net free strategy I'll let it execute sometimes.
stupid question....
if I have covered calls that are now in the money expiring today....can I buy them back still?
How do I do that?
if I have covered calls that are now in the money expiring today....can I buy them back still?
How do I do that?
Yes.ag94whoop said:
stupid question....
if I have covered calls that are now in the money expiring today....can I buy them back still?
How do I do that?
Buy to close.
I am on 3/19 395 calls now. Round tripping intraday. Will buy again to end with them as well. Assuming I dump this load intraday again probably.StrawberryFields said:
Looking at buying SPY 400 calls for next Friday (3/19) if it can hold above 394.10 today. If we hit an ATH today, I'll also buy some 395 Puts.
Anybody else see any different levels to be watching?
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
LAZR April 32.50 calls moving if you entered yesterday. Up 24% at the moment.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,971
How long do you want to ignore this user?
KT 90 said:FJ43 said:
Can y'all please keep it down about EBON and just have it drag DPW and NXTD up the hill with it.
Yes please on DPW and NXTD.... I have some EBON, but not nearly enough.
DPW has a lot of moving averages to fight through but if/when it breaks out above that $4.68 mark it's got cups and gaps to fill up another couple bucks. I sold a bunch of $5.5 Sept puts here that I would love to expire worthless
Tomas Hermensa said:KT 90 said:Jet Black said:
Covered calls question. If you sell covered calls and the stock takes off do you ever buy the calls back at a loss?
I'd love to hear thoughts on when to/not do this.
Sometimes I will wait for a retrace or model T to buy back with the intention of selling higher strikes when it resumes running. Other times I'll try to roll it up and out on the up move. If it's part of a net free strategy I'll let it execute sometimes.
So right now I could roll my EBON 3/19 $10.00cc to a 4/16 $12.50cc, and make about $100 for doing so (2.18 and 3.20). Seems like a no brainer in this case.
SPY trying to break out of a wedge.
Others can chime in here that are better at this, but I would recommend to wait until closer to the expiration date before actually making a decision to roll or buy back CC's, especially in high beta stocks like what a lot of us are heavily invested in currently.Jet Black said:
Covered calls question. If you sell covered calls and the stock takes off do you ever buy the calls back at a loss?
The reason is that a lot of these major moves in these stocks are not sustained for long at all. Look no further than the last time EBON made it's run. It spent TWO WHOLE DAYS above $10. That's why I wouldn't worry about buying back just yet.
Now one thing you could consider is using the run today to roll your strike price out to April and up. Theta is starting to crush the March premiums, so you could roll your strike price higher into April and get more premium if you want to hold onto the shares.
Example: I sold March $15's on my net free shares yesterday for $.21. I rolled that to April $25, and even though I had to buy the March $15's for a loss, I was still able to get an overall credit of $.65 in the roll.
Come on baby...Bring it home!BREwmaster said:
SPY trying to break out of a wedge.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
DPW seems resistant at $4
EBON may very well come take my $15 March covered calls
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,971
How long do you want to ignore this user?
With next week being opex week I'm looking today for 3/19 condors. High beta or stocks with big recent moves but the volume has dried up the latter part of this week signalling their move may be ending. Also if the stock is in the middle of a bunch of resistance and support lines that should help. AMD 70/75/83/88 looks okay but not great. I'll look for something better.
I need to figure out how to run scanners on ATP.
I need to figure out how to run scanners on ATP.
Congrats to everyone who is in on EBON!
Wish I would have followed
Wish I would have followed
Lots of reminders on the CLOV lawsuits went out last night. Hopefully this is about to rip up. That's how this works, right?
Thanks! I'll check out the option flow for that strike
Wish I would've held longer. I've got to stop checking the price now that I'm out...
PLTR quietly doin its own thing. Doesn't appear to be following the herd.
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,971
How long do you want to ignore this user?
Ags2013 said:
DPW seems resistant at $4
100 day moving averages, plus that was support back in Dec, early Jan, and late Feb. It has its work cut out for it, but the big volume spikes today give me hope.
WARM might get to a nickel today. Hope it sets up shop around there as it's support.
Edit - Hell it blew past a nickel while I typed!
Edit - Hell it blew past a nickel while I typed!
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
AAPL appears to be tightening a little here.
Or am I seeing something that isn't there?
Or am I seeing something that isn't there?
Buying today's TESLA 690/700/710c fly right now.
***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 Poshmark worth looking into? Not too familiar with the space but man the stock has taken a bath since it's IPO.
Using ebon as an example, if it goes on a run, and you don't think it will sustain it, do you buy the calls back and exit the stock? Or do you wait for it to make another run? I guess you shouldn't have sold the calls in the first place?
$4 psychological, $4.68 technical.Ags2013 said:
DPW seems resistant at $4
Trying to follow along with oa's SNDL. How far out should we be looking there? Looks like the April 9 and April 16 1.50 strike is the same
SEEL has taken off today.
JBUL and airlines in general are moving.
Whoever was speaking to JBUL calls here comes your payoff.
Whoever was speaking to JBUL calls here comes your payoff.
Featured Stories
See All
22:14
2h ago
821
23:51
3h ago
870
26:14
6h ago
1.4k
Oregon scores final 10 points as No. 20 A&M falls in Las Vegas, 80-70
by Luke Evangelist
DannyDuberstein
Interesting comments about the defense from Elko
in Billy Liucci's TexAgs Premium
242
2nd Generation Ag
Interesting comments about the defense from Elko
in Billy Liucci's TexAgs Premium
113
Bunk Moreland
So texas is getting in the playoff no matter what right?
in Billy Liucci's TexAgs Premium
75