I'm holding my POWL puts until $225 at the very least and possibly $200.
I played this as well. Premarket looking good, but earnings is today AH. Obviously going to watch premiums today, but trying to decide on whether to ride this call through earnings. Just want to bump this so we can comment as day goes on.ProgN said:I'm going to nibble on the 1/10 $110c at 8.15 because the 5m intraday MACD is about to flash buy. RSI is still in no man's land.ProgN said:$MU is still in no man's land on the RSI and MACD on the 5m intraday chart, but it's built a long darvas box and bollies are real tight. It's going to make an explosive move in the last hour of trading imho. I also believe that will be to the upside.spud1910 said:Thanks for the heads up. Glad I didn't wait since it has been falling since I sold.ProgN said:
I'm selling my $MU here and will buy it back later today on pullback.
I know I don't rec options but this is what I'm planning to do and will post before I place my trade. I'm zeroing in on the 1/10 110c or something close to the money calls with the same strike price. The price difference between the 12/20 and the 1/10 calls is negligible and give me more room for error with the larger time window.
I can control the same amount of shares and the risk to what I banked this morning would be a hickey if I'm wrong because of the profit I took off the board.
I am NOT guaranteeing any outcome, so everyone do your own DD and assess your own risk tolerance and situations. I'm playing with house money on this one because I won't be surprised if it hits $125 this week. If I'm wrong, I still have profit from my previous trade.
Will probably add another position before the close, maybe different strike but same 1/10
Placing trade now.
Here's the most basic TA I can offer.HoustonAg_2009 said:
HA - I always appreciate your analysis. Lots of ppl on the board are in love with POWL, including me, and are looking for another buying opportunity as small cap US focused companies, such as POWL, look pretty attractive under a Trump administration. You think it'll get to $200-225 range? If so are you then a buyer? I know you have mixed feelings about the stock.
Morning,fauxstradamus said:I played this as well. Premarket looking good, but earnings is today AH. Obviously going to watch premiums today, but trying to decide on whether to ride this call through earnings. Just want to bump this so we can comment as day goes on.ProgN said:I'm going to nibble on the 1/10 $110c at 8.15 because the 5m intraday MACD is about to flash buy. RSI is still in no man's land.ProgN said:$MU is still in no man's land on the RSI and MACD on the 5m intraday chart, but it's built a long darvas box and bollies are real tight. It's going to make an explosive move in the last hour of trading imho. I also believe that will be to the upside.spud1910 said:Thanks for the heads up. Glad I didn't wait since it has been falling since I sold.ProgN said:
I'm selling my $MU here and will buy it back later today on pullback.
I know I don't rec options but this is what I'm planning to do and will post before I place my trade. I'm zeroing in on the 1/10 110c or something close to the money calls with the same strike price. The price difference between the 12/20 and the 1/10 calls is negligible and give me more room for error with the larger time window.
I can control the same amount of shares and the risk to what I banked this morning would be a hickey if I'm wrong because of the profit I took off the board.
I am NOT guaranteeing any outcome, so everyone do your own DD and assess your own risk tolerance and situations. I'm playing with house money on this one because I won't be surprised if it hits $125 this week. If I'm wrong, I still have profit from my previous trade.
Will probably add another position before the close, maybe different strike but same 1/10
Placing trade now.
I bleed maroon said:
OK - I need some level heads to talk me out of this:
Looking at Nissan (NSANY). Closed at 5-year low today ($4.73/share), and has had all the appearances of a company that's circling the drain, in slow motion. Premise is that they either have turnaround potential, or the rumored takeover by Honda Motor gives shareholders some acquisition premium. It's custom made for a speculative LEAP call option, but sadly, none are traded for this security. So, I'd have to buy shares. Totally risky, with doubtful return, in a crappy segment of the market, with a tired product line, but... Wouldya?
Give me a reason to say no. Please.
I think he says 'real' nice lol.BrokeAssAggie said:
Every chart on its own. Those plays are valid within the parameters set.GKrebs17 said:
Does this change anything for the JBLU or KOS plays? I'm leaning towards keeping the stops where they are and letting it ride but I could just take profits gained since you called out both. 10% and 6% respectively since your posts about them.
Yes, I'm in at 5.3. I was trying to get into BBAI today when it dipped but my order didn't fill for 3.30.zgolfz85 said:
is anyone in SoundHound (SOUN)? I got a tip from a guy on a golf trip a few months back and got in around $4.5. It's skyrocketed and I've been taking gains on the ride up. He's in it for life and had some pretty compelling info on it. I'm likely leaving money on the table selling along the way, but been burned too many times on golf buddy tips haha. topped out at 23.62 today
you in long?The Pilot said:Yes, I'm in at 5.3. I was trying to get into BBAI today when it dipped but my order didn't fill for 3.30.zgolfz85 said:
is anyone in SoundHound (SOUN)? I got a tip from a guy on a golf trip a few months back and got in around $4.5. It's skyrocketed and I've been taking gains on the ride up. He's in it for life and had some pretty compelling info on it. I'm likely leaving money on the table selling along the way, but been burned too many times on golf buddy tips haha. topped out at 23.62 today
I was a few old fashioned's in and it was late night after playing 36 and a steak dinner, so honestly can't remember a ton. He had a buddy connected to a few folks that had moved over there from Google and other tech companies that had made bold career moves to hop onboard. Something about the proprietary or at least superior AI they had for the conversational/music based stuff and that they were likely to have a semi monopoly on a few aspects of it down the line. Again, I wasn't all there though. Honestly, I'd forgotten putting in an overnight order and woke up to a few hundred shares the next morning. I wish I had more for you haTheVarian said:
What is the allure for you or reasoning he explained to be in for the long term?
I don't disagree -- been net free for a while. If it comes back to 18-20, I'm gonna addHeineken-Ashi said:
I'm not in SOUN, but I think it has a retracement coming and I would take some profits up here. Not saying to get out, but to remove your risk and maybe get yourself at least net free.
same, I've certainly made plays on much lessTheVarian said:
Honestly, don't hate it.
Heineken-Ashi said:
I'm not in SOUN, but I think it has a retracement coming and I would take some profits up here. Not saying to get out, but to remove your risk and maybe get yourself at least net free.
Ride the wheel. With high IV today, sell a $20 put for April, receiving $5.80 in premium. Gives it time to correct and maybe rebound, and even if assigned, your basis is under $15. Can even do a $15 put for July. And if IV crush after FOMC happens, you can always buy it back for a discount, sometimes even if the stock is down a little.Talon2DSO said:Heineken-Ashi said:
I'm not in SOUN, but I think it has a retracement coming and I would take some profits up here. Not saying to get out, but to remove your risk and maybe get yourself at least net free.
I've been selling covered calls on SOUN for a bit and hope not to get called out on Friday. I misjudged my strike. Still a pretty plus if I do get called.