Waiting for a tweet on Nancy Pelosi purchasing calls.Heineken-Ashi said:
My SNOW target is min $250 and max $300. I am not in yet and will probably regret it. Want to see where this move up gets to it and then want to see it hold the earnings bottom.
I did earlier in the week.Brewmaster said:
Noted sir.
Did you action U yet? I remember reading it but can't find it.
Added FSLY today, shares.
is this a continuation of gap fill from 2/7/24?Brewmaster said:
FUBO 500k+ share buyer at 9:31.
Yes indeed. Heine wanted 2.40 on it.ravingfans said:is this a continuation of gap fill from 2/7/24?Brewmaster said:
FUBO 500k+ share buyer at 9:31.
The only thing I worry about is that this will fall into a multi-week, choppy, lower high lower low phase. Ideally, we would get a reset into the mid teens. You have to watch BTC. If it stays under yesterday's high and moves lower, MARA will not be going up. It will go up again when BTC goes up and MARA has finished this earnings selloff.flashplayer said:
MARA looking to fall below 25 here.
Charlie Conway said:
is AAPL finally going to lose $180?
sts7049 said:
so, would it be crazy to buy put leaps on NVDA?
Agreed and I've posted that i've layered into some SPX puts, but damn brother. NVDA is THE reason the market is so overheated. I'd target some of the outliers that have ridden NVDA's coattails not buy puts on the flagship. You don't think people that missed NVDA's meteoric rise this time won't come in heavy on any of it's dips?sts7049 said:
it just all looks like a giant bubble man. it has to pop eventually.
Have you considered a call spread? Write one near the money, and buy one way out of the money for insurance?sts7049 said:
it just all looks like a giant bubble man. it has to pop eventually.
Heineken-Ashi said:
My SNOW target is min $250 and max $300. I am not in yet and will probably regret it. Want to see where this move up gets to it and then want to see it hold the earnings bottom.
if you lean that the direction is downward you would SELL a call spread that's ATM or OTM and take the sale value as your max potential profit.I bleed maroon said:Have you considered a call spread? Write one near the money, and buy one way out of the money for insurance?sts7049 said:
it just all looks like a giant bubble man. it has to pop eventually.
McInnis used to be our expert in these. Maybe he can work up an attractive alternative to consider...
And here is the worst part. That feeling isn't really legit until it's happened to you.ProgN said:
Ok gang, if you get a minute today please look at this because it's great way to learn a powerful lesson in real time without feeling the crushing pain of a mistake.
Before you pull it up, imagine this was you yesterday going into SNOW's ER, with all the buys and high target prices from Wall Street firms. You own calls with strikes between $180-190 that you bought several weeks ago and you were up huge, but greed caused you gamble on the ER.
NOW pullup where they are now, how much they're down today, and they expire tomorrow.
That pit in your stomach and recoil from the screen, remember that feeling. It will help you in the future. I guarantee it.
Quick illustrator:McInnis 03 said:if you lean that the direction is downward you would SELL a call spread that's ATM or OTM and take the sale value as your max potential profit.I bleed maroon said:Have you considered a call spread? Write one near the money, and buy one way out of the money for insurance?sts7049 said:
it just all looks like a giant bubble man. it has to pop eventually.
McInnis used to be our expert in these. Maybe he can work up an attractive alternative to consider...
If the trade moves against you your resolution is to buy the call spread back for more than you paid for it (loss).
You can also BUY a put spread in the direction you are predicting.
You sell spreads in a high IV market, you buy spreads in a low IV market.
I had posted about this one a week or two ago but don't think I saw a response to it. I chose to sit it out for now.RightWingConspirator said:
GCT rolling today.
Yes sir and I'll probably start writing weekly CC on it and collect premium weekly until it's called away or becomes net free.HoustonAg_2009 said:
ProgDawg - You buy straight shares of SNOW?