Pulled out of CSCO at .49 from .27
Good move. Expected move lower in markets for the afternoon session with both the Fed interest rates today as well as the IG report coming tomorrow.jakal0722 said:
Pulled out of CSCO at .49 from .27
Nothing yet. The shooting star pattern should close very close to where it opened so the pop up above that hasn't motivated me to do anything different. In fact, one of the old tactics I posted about big money is that they pop a stock to a new high to clear short sellers before a drop (Happens in reverse on stocks about to move higher when big money flashes down trying to trigger stop loss).leoj said:
Twitter just took off
Old army, as it continues to get up there close to your strike price but you don't want them called out, what adjustments do you make?
CRON reverse Harami....bullish signal on the day.clobby said:
Oldarmy,
What do you think on CRON? Looks like we are right at the previous support, if it breaks below do you get out?
There's the close I was expecting. Added $42.50 Puts on the pattern close. Only thing that would kill my set up is if TWTR is getting bought out.oldarmy1 said:Nothing yet. The shooting star pattern should close very close to where it opened so the pop up above that hasn't motivated me to do anything different. In fact, one of the old tactics I posted about big money is that they pop a stock to a new high to clear short sellers before a drop (Happens in reverse on stocks about to move higher when big money flashes down trying to trigger stop loss).leoj said:
Twitter just took off
Old army, as it continues to get up there close to your strike price but you don't want them called out, what adjustments do you make?
momentum is momentum. Don't touch until the momentum goes away. You may not sell at the peak but you won't sell too early.leoj said:
Twitter just took off
Old army, as it continues to get up there close to your strike price but you don't want them called out, what adjustments do you make?
stop loss or buy puts out 30 days as protection.leoj said:
Thanks. Let's say though over the next week that it does continue to climb, theoretically how do you adjust? Roll the calls up and out?
This....I don't want to lose the shares if at all possible. Granted its 25% of my total holdings but I see a short term pause. If wrong I would likely buy a call just out of the money as an offset to the covered call as a hedge in case another meteoric move unfolded.Ragoo said:stop loss or buy puts out 30 days as protection.leoj said:
Thanks. Let's say though over the next week that it does continue to climb, theoretically how do you adjust? Roll the calls up and out?
leoj said:
Etsy up 18% premarket? Not seeing the news for this. OA1, should your wife be posting her stock analysis in here as well?
Yeah I scrambled and got my $45 Call which I actually just sold for a quick 18%. I'm gonna let the covered call ride and cash out the 25% if TWTR keeps going.Pignorant said:
TWTR up 2% this morning.
Excellent call!Ranger222 said:
Here we go on Dropbox
The guy who wrote that MELI article also went in on July 20 320C this morning
RDFN has just signaled a breakout from a 5 month Darvis Box. SFIX already off to the races.Ranger222 said:
Two other 2017 IPOs to watch as they break out of bases -- Stitchfix (SFIX) and Redfin (RDFN)
oldarmy1 said:RDFN has just signaled a breakout from a 5 month Darvis Box. SFIX already off to the races.Ranger222 said:
Two other 2017 IPOs to watch as they break out of bases -- Stitchfix (SFIX) and Redfin (RDFN)
Need these posted more frequently.
oldarmy1 said:RDFN has just signaled a breakout from a 5 month Darvis Box. SFIX already off to the races.Ranger222 said:
Two other 2017 IPOs to watch as they break out of bases -- Stitchfix (SFIX) and Redfin (RDFN)
Need these posted more frequently.
oldarmy1 said:RDFN has just signaled a breakout from a 5 month Darvis Box. SFIX already off to the races.Ranger222 said:
Two other 2017 IPOs to watch as they break out of bases -- Stitchfix (SFIX) and Redfin (RDFN)
Need these posted more frequently.