Followed on this, great call.
Stock Markets
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Last: 26 min ago by Heineken-Ashi
You da man.
These stocks are reading TexAgs, I swear.TecRecAg said:
Anyone thinking about backing the truck up on MTTR should it hit $5 or are we over that one?
Going to take the easy win here at $3.
You don’t trade for money, you trade for freedom.
50K account:
Selling to open 1 March 4 29P at $0.82. Don't care if I get assigned.
Selling to open 1 March 4 29P at $0.82. Don't care if I get assigned.
You don’t trade for money, you trade for freedom.
Closed this out, nice!$30,000 Millionaire said:$30,000 Millionaire said:
Move XSP stop to 2.1 or take profits
Changed my mind. Move stop to 2.4. Risk free trade. Congrats
i don't fully trust that this is going to continue.
You don’t trade for money, you trade for freedom.
Did people just misread DKNG earnings from last week, cause it's rocketed right back up
Selling which stock?$30,000 Millionaire said:
50K account:
Selling to open 1 March 4 29P at $0.82. Don't care if I get assigned.
Bob Knights Paper Hands
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I think AMZN could easily get down to 2707 pretty quickly if it doesn't get a bounce now and if the macro markets sell off. And, no you don't have to set a buy to close time, price, or date. If you hold them overnight you can pay interest on them based on your broker's rules and their charges for that particular stock.LMCane said:how long do you think Amazon is going down for?Bob Knights Liver said:
I'm out of my SPX and AMZN puts. I'm going to short shares instead. The premiums are so jacked, I'm worried they'd move against me too fast if we blast up.
don't you have to put a time frame when you short?
I would take some profits on Xsp here.
You don’t trade for money, you trade for freedom.
AG 2000' said:Selling which stock?$30,000 Millionaire said:
50K account:
Selling to open 1 March 4 29P at $0.82. Don't care if I get assigned.
Sorry. I'm going fast. CWH
You don’t trade for money, you trade for freedom.
Thanks.$30,000 Millionaire said:AG 2000' said:Selling which stock?$30,000 Millionaire said:
50K account:
Selling to open 1 March 4 29P at $0.82. Don't care if I get assigned.
Sorry. I'm going fast. CWH
What's your criteria on selling these naked puts? What are you looking for on the stocks?
F16
Bob Knights Paper Hands
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That WWR volume isn't enough for the big push we want, but we're already a touch over average daily volume at 11:30 central time. This is a good thing, especially for those sorry sacks of **** that still have a ridiculous amount of May $2.5 calls.
In the case of CWH, it is a rock solid company run by Marcus Lemonis. I have had the opportunity to meet him and he is as good of an executive as there is. The company pays a solid dividend and it had a news driven sell off. I feel highly confident it has limited downside from here and we can make money off it through share appreciation and/or covered calls.
You don’t trade for money, you trade for freedom.
I am going to say again to take profits / raise stops on XSP. I exit early for you guys because I want to book winners.
You don’t trade for money, you trade for freedom.
Bob Knights Paper Hands
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In the first half of the cash session we tested some scary levels on NVDA, AMZN, and TSLA, and almost got to the scary 4267 on SPX. It will be interesting to see what we do the rest of the day. I'm guessing we chop, but nothing would surprise me here.
We're at Model T off this monring's high and this morning's low. Keep that in mind.
Thanks.$30,000 Millionaire said:
In the case of CWH, it is a rock solid company run by Marcus Lemonis. I have had the opportunity to meet him and he is as good of an executive as there is. The company pays a solid dividend and it had a news driven sell off. I feel highly confident it has limited downside from here and we can make money off it through share appreciation and/or covered calls.
Sorry, curious about more of a philosphical on selling puts. You've called out a few over past few weeks (PLTR, MTTR, CWH).
Looking for good financials with news driven sell offs recently? More to it than that?
Bob Knights Paper Hands
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To further expand on your thought process: you are looking at companies that you want to own at these prices and have been moving downward. You could choose to wait for confirmation of a reversal to buy or to sell puts here as a way to buy those shares. By selling a put you could get the stock cheaper than if you bought right now or you could pocket the premiums.$30,000 Millionaire said:
In the case of CWH, it is a rock solid company run by Marcus Lemonis. I have had the opportunity to meet him and he is as good of an executive as there is. The company pays a solid dividend and it had a news driven sell off. I feel highly confident it has limited downside from here and we can make money off it through share appreciation and/or covered calls.
Did I get that right?
Bob Knights Paper Hands
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Thanks! That's always helpful to point out any day we get these decent moves and then a retrace.mazag08 said:
We're at Model T off this monring's high and this morning's low. Keep that in mind.
I hope you MF's listened.$30,000 Millionaire said:
I am going to say again to take profits / raise stops on XSP. I exit early for you guys because I want to book winners.
You don’t trade for money, you trade for freedom.
yes 100%Bob Knights Liver said:To further expand on your thought process: you are looking at companies that you want to own at these prices and have been moving downward. You could choose to wait for confirmation of a reversal to buy or to sell puts here as a way to buy those shares. By selling a put you could get the stock cheaper than if you bought right now or you could pocket the premiums.$30,000 Millionaire said:
In the case of CWH, it is a rock solid company run by Marcus Lemonis. I have had the opportunity to meet him and he is as good of an executive as there is. The company pays a solid dividend and it had a news driven sell off. I feel highly confident it has limited downside from here and we can make money off it through share appreciation and/or covered calls.
Did I get that right?
You don’t trade for money, you trade for freedom.
You all asked for high probability plays in this account, so I am fulfilling that. We're doing pretty well so far in my opinion.
You don’t trade for money, you trade for freedom.
Any thoughts on MGNI earnings tonight? (Not playing them, but what numbers could look like.)
SPY getting ready to move.
Bob Knights Paper Hands
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SPX tested 4267 and bounced. NVDA and AMZN bounced with it. I got out of all shorts and puts again. Holy crap, this is exhilarating but stressful. I've never day traded short before.
If SPY loses $426-ish, is there no resistance until $422?
Bob Knights Paper Hands
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I have reached my intraday buying power? WTF is this?
I see support at 422.97.Spoony Love said:
If SPY loses $426-ish, is there no resistance until $422?
Also another at 425.5
Haven't seen any talk of $ASAN on here today - down 20% today. CEO continues to buy shares...
Dustin A. Moskovitz, 10% Owner, Director, President, CEO, & Chair, on February 09, 2022, executed a purchase for 1,250,000 shares in Asana (ASAN) for $79,005,992.
Dustin A. Moskovitz, 10% Owner, Director, President, CEO and Chair, on February 16, 2022, executed a purchase for 1,250,000 shares in Asana (ASAN) for $88,029,744.
These most recent buys represent roughly 10% of his total (~23 million) shares.
Dustin A. Moskovitz, 10% Owner, Director, President, CEO, & Chair, on February 09, 2022, executed a purchase for 1,250,000 shares in Asana (ASAN) for $79,005,992.
Dustin A. Moskovitz, 10% Owner, Director, President, CEO and Chair, on February 16, 2022, executed a purchase for 1,250,000 shares in Asana (ASAN) for $88,029,744.
These most recent buys represent roughly 10% of his total (~23 million) shares.
I think their earnings will be good. I've been nibbling on the 1/20/23 15C & 20C. Minimal amount of money tied up that could give great ROI.AgEng06 said:
Any thoughts on MGNI earnings tonight? (Not playing them, but what numbers could look like.)
334 broken on QQQ, look out below
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