July 20 $17.50 I Puts trading at $3.80. Effective entry of $13.70 should it consolidate. That's darn good. If it keeps going or stays around $17.50 then you pocket the $3.80
what ticker?oldarmy1 said:
July 20 $17.50 I Puts trading at $3.80. Effective entry of $13.70 should it consolidate. That's darn good. If it keeps going or stays around $17.50 then you pocket the $3.80
IrishTxAggie said:
Bought $3.5 6/1 puts on SHLD for $.40. Earnings pre-market tomorrow. I don't think it will be pretty. Hell, the things already went up 30% within 30 minutes of my purchase.
Well played!IrishTxAggie said:IrishTxAggie said:
Bought $3.5 6/1 puts on SHLD for $.40. Earnings pre-market tomorrow. I don't think it will be pretty. Hell, the things already went up 30% within 30 minutes of my purchase.
Just jumped in. Thank you Morgan Stanley. Thank you for downgrading a 7x P/E company who raised guidance and announced it would buy back 16% of its mkt cap. The reason for the downgrade? For little other reason than it got close to your price target. Thanks for the 5% drop, I'll use it.tailgatetimer10 said:
Anyone watching MU? Was looking for an entry after the drop due to Morgan Stanley downgrade
Hard to chart MU with historicals because cloud computing companies are simply buying all RAM being produced effectively regardless of price. Forward looking PE is 5.3x without that 16% buyback. That drops it to nearly 4x. There are retail companies that AMZN is killing that are bleeding cash that trade higher than 4x. MU is just simply priced too low for its importance to the cloud.Ranger222 said:
Careful of the double top pattern now in MU. Looked like it topped yesterday and wanted to jump in puts but held back, now wishing I did. June 1 60 P only up 2000% today
BPMX continues its volume move.oldarmy1 said:Well played!IrishTxAggie said:IrishTxAggie said:
Bought $3.5 6/1 puts on SHLD for $.40. Earnings pre-market tomorrow. I don't think it will be pretty. Hell, the things already went up 30% within 30 minutes of my purchase.
I'm accumulating some BPMX as a long trade for the "Right To Try" bill winner. Will look to plant it on a double.
Yessir - and JD looking like at least like a short term reversal. Good entry point yesterday.tailgatetimer10 said:
SQ still running, awesome
SQ just popped on across multiple option trade buys with targets ranging from $61-$62.50tailgatetimer10 said:
SQ still running, awesome
Just as SWN breaks $4.80......curse your technicals!FriscoKid said:
I just went short. I think this is a good short term high.
oldarmy1 said:Just as SWN breaks $4.80......curse your technicals!FriscoKid said:
I just went short. I think this is a good short term high.