I like the strategy too, but going out 1 more week to get $9+ for selling the 70 put. Would put cost basis very close to 200 EMA if executedNRD09 said:
Alright since all y'all are talking about is sava i decided to play. Sold a 70p for tomorrow for 5ish, be happy to get assigned the shares then sell a 125c like mcinnis next week for another $5 then get them called away
McInnis 03 said:
Gonna play some shares on NAKD here........Near the lower side of it's basing area and it gapped up today.....didn't hold, but it's holding some of it and last time it gapped like this was 5/28 and that's when all heck broke loose.
Double_Bagger said:That's a bold move. Let's see how it plays out. I'm rooting for youNRD09 said:
Alright since all y'all are talking about is sava i decided to play. Sold a 70p for tomorrow for 5ish, be happy to get assigned the shares then sell a 125c like mcinnis next week for another $5 then get them called away
these are a helluva idea, joining you on something similar.GTIAG09 said:
Decided to add some more SAVA Nov 100/120 debit Call spreads to my net free position down here. Got 3 more filled at 3.83
^ this!Ragoo said:
Where do we subscribe to group text thread?
As posted, this #ES_F rally was caused by the same thing that caused all them since March: A 50dma test - the 7th one
— Adam Mancini (@AdamMancini4) August 26, 2021
Given how well tested 50dma is, its likely this current leg up is the last off it, with the next test breaking it into a healthy multi-leg, buyable pullback https://t.co/d0ZwqPkloR
I take it he is saying there won't be an 8th time to hold the 50. This leg/next leg up to next pullback into 50 results in further selling.NRD09 said:
Is he saying he thinks it fails apart here? I was understanding his earlier tweets to mean as long as we hold 4465-4475 we could expect another leg up? I'm maybe a little too heavy in calls for tomorrow
Edit: that 4465 level sure has worked out well today! Sold the last of my vxx calls there this morning then bought spy calls, sold too early then been loading back up on the way back down
cptthunder said:
Fun learning point to add to the SAVA talk brought to you by OA and the Model T Misfits
Almost to the penny
Sorrento Exercises Exclusive Option Agreement With Texas A&M University for MPRO Inhibitors Against Sars-Cov-2 and all Variants of Concern$SRNE
— *Walter Bloomberg (@DeItaone) August 26, 2021
Or chose those particular timeframe "high" or "lows", chart length, etc for that matter..........OutlawAG04 said:cptthunder said:
Fun learning point to add to the SAVA talk brought to you by OA and the Model T Misfits
Almost to the penny
Seems like there is always mixed opinions on this. Is there a reason you didn't take the upper wick of the top green candle?
No real reason I left the wick off and it changes the answer by only a few cents either waywjbrown88 said:Or chose those particular timeframe "high" or "lows", chart length, etc for that matter..........OutlawAG04 said:cptthunder said:
Fun learning point to add to the SAVA talk brought to you by OA and the Model T Misfits
Almost to the penny
Seems like there is always mixed opinions on this. Is there a reason you didn't take the upper wick of the top green candle?
McInnis 03 said:Sorrento Exercises Exclusive Option Agreement With Texas A&M University for MPRO Inhibitors Against Sars-Cov-2 and all Variants of Concern$SRNE
— *Walter Bloomberg (@DeItaone) August 26, 2021
Seems limited few dragging it up.Farmer @ Johnsongrass, TX said:
[url=https://twitter.com/DereckCoatney][/url]Dereck Coatney
@DereckCoatney
[url=https://twitter.com/DereckCoatney][/url]
I can't believe so many stocks look so badly gutted while the indexes are sitting at all-time highs. Amazing.
6:37 PM Aug 25, 2021Twitter Web App
**************************************************************************************************************
^
^
^
I've been thinking this for a long time.
https://finance.yahoo.com/news/sorrento-therapeutics-announces-entry-option-144400842.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAMtrysxMnJVxPDfV7-MOJAgkZQh_MHaJ6hLhMeWyDNVdYJAOk2xumhmiqlMiFxPN4VzEbYWnxsIIxTjzsKUNvI6tdOcJhTBb8NTTNrBPl9-TiEds2fWsCTOsaZ8wP29ZPly0q_kxOyVpdpGHnZc5DcLvVIWhc6ydRBoiUveZDlh4Esteban du Plantier said:McInnis 03 said:Sorrento Exercises Exclusive Option Agreement With Texas A&M University for MPRO Inhibitors Against Sars-Cov-2 and all Variants of Concern$SRNE
— *Walter Bloomberg (@DeItaone) August 26, 2021
Quote:
Discovered and developed by Dr. Wenshe Ray Liu and his research team at Texas A&M University, the MPro inhibitors have demonstrated strong cellular antiviral potency against SARS-CoV-2 in preclinical studies. Several MPro inhibitors were identified that exhibited antiviral effects against diverse SARS-CoV-2 variants, including Indian (Delta), UK (Alpha), Brazilian (Beta) and South Africa (Gamma) variants of concern. The potential advantage of using small molecules, in oral and/or intravenous administration, that target MPro is that they are not affected by mutations in the SARS-CoV-2 spike protein, which may enable MPro drugs to be effective against SARS-CoV-2 and its variants of concern (VOCs), as well as against other coronaviruses that currently exist or might emerge in the future.
"MPro is a SARS-CoV-2 enzyme that catalyzes the formation of a number of essential proteins for the viral reproduction. MPro inhibitors block this catalytic process to inhibit the viral replication in human cell hosts achieving the eradication of the virus," according to Dr. Liu.
"We are excited to be collaborating with Dr. Liu and his team at Texas A&M and look forward to advancing the development of these novel drug candidates to address COVID-19, and a multitude of other respiratory viruses," stated Dr. Henry Ji, Chairman and CEO of Sorrento. "This agreement further strengthens our dynamic COVID-19 product portfolio and is well aligned with our overall strategic plan to combat COVID-19 through a combination of potent small molecules and antibodies, cellular therapies and vaccines."
I can't believe we are setting highs with shipping costs at ATH. I am now seeing rates of near $35,000 for a 40' container from Asia. Congestion in ports across the world are not clearing up. Seeing this out to at least May- June. Truck drivers are also scarce. I dont see how this economy keeps moving with so many shortages in every industry.FJ43 said:Seems limited few dragging it up.Farmer @ Johnsongrass, TX said:
[url=https://twitter.com/DereckCoatney][/url]Dereck Coatney
@DereckCoatney
[url=https://twitter.com/DereckCoatney][/url]
I can't believe so many stocks look so badly gutted while the indexes are sitting at all-time highs. Amazing.
6:37 PM Aug 25, 2021Twitter Web App
**************************************************************************************************************
^
^
^
I've been thinking this for a long time.
Unfortunately all of this is transferred to the public in higher costs. I do not believe these inflation levels are transitory. Sadly I think this will get worse before its gets better.confucius_ag said:I can't believe we are setting highs with shipping costs at ATH. I am now seeing rates of near $35,000 for a 40' container from Asia. Congestion in ports across the world are not clearing up. Seeing this out to at least May- June. Truck drivers are also scarce. I dont see how this economy keeps moving with so many shortages in every industry.FJ43 said:Seems limited few dragging it up.Farmer @ Johnsongrass, TX said:
[url=https://twitter.com/DereckCoatney][/url]Dereck Coatney
@DereckCoatney
[url=https://twitter.com/DereckCoatney][/url]
I can't believe so many stocks look so badly gutted while the indexes are sitting at all-time highs. Amazing.
6:37 PM Aug 25, 2021Twitter Web App
**************************************************************************************************************
^
^
^
I've been thinking this for a long time.
Watched this one today and was curious how you'd trade this after today. The bullish consolidation ended up losing the 8 and the 21 today, which is bearish, but the entire market was down and testing supports today. Do you wait to see a reclaim of the 21 and subsequent retest as support, or is this play dead and it's a no go for you?$30,000 Millionaire said:
$SQ you know what to do. Bullish consolidation above 8 EMA. I would go long dated enough that it has time to take off.
I think you could enter here and cut if it loses the 34. I would certainly enter on a reclaim of the 21. I would go 60 days out with long calls. It is in a squeeze with negative momentum, but any type of up day would change that.jwhitlock3 said:Watched this one today and was curious how you'd trade this after today. The bullish consolidation ended up losing the 8 and the 21 today, which is bearish, but the entire market was down and testing supports today. Do you wait to see a reclaim of the 21 and subsequent retest as support, or is this play dead and it's a no go for you?$30,000 Millionaire said:
$SQ you know what to do. Bullish consolidation above 8 EMA. I would go long dated enough that it has time to take off.
I think we're in a topping phase here, but I think it ends with a blow off top.Ranger222 said:
Have been wondering about that too....we had a lot of trouble in my lab getting simple plastic supplies (lab dishes, pipet tips) all spring. We actually had to shut down our research for a couple weeks in April because we had no plastics to do simple experiments (orders were placed in late '20). We have finally gotten a lot of the stuff in the past two weeks and finally fully stocked. Went to go ahead and order more stuff early -- expected shipping dates already out to Jan - Feb 2022 if I order today. Insanity. Pre-covid we got this stuff next day or in two days with never any issues.
Yes please. If you post your plan and entry, we can handle the rest.$30,000 Millionaire said:
Trades I took today that worked / didn't work and what I did wrong:
- SNOW 300C near open on push past 300. Profit
- ZM 350C on open over 350. Profit
- BIDU 160C on first break of 156. Profit
- SNOW 300C on reclaim of $300 and 5 minute 8 EMA. Big profit
- QQQ 373C tick fade. Profit - played 3X
- QQQ 373C on trying to catch a bottom. Big mistake, loss, I know better. -40%
- CRWD 280C - two scalps, one worked, one didn't, basically a wash
- ZM 360C - entered right before the intraday puke. It never recovered and I'm holding as a lotto until tomorrow given it lost 75% of its value in 10 minutes
Net for the day - green, but would have been a great day if I didn't have the QQQ screw up.
If you guys want, I can try to post some of my intraday stuff, but I am mostly worried about my own execution (buying over triggers), baby sitting 1 minute candles, etc. I enter each trade with a plan, but I adapt my goals based on the price action (e.g. do I give it room if it loses the 8 EMA because I think it will recover or does it look heavy to me and I cut).
I can't take responsibility for your execution.
