Simplest way I could put it is:
There is a resistance point that it keeps butting up against, and a point that it retraces too. It has gone back and forth 5 or 6 times in the last two weeks, so I set a buy order to the low side, and a sell at the high end. I'm doing that with both Puts and shares. My goal is to work another 100 or so into being "free" (the money made swinging these trades and buy/sell ends up paying for 100 shares).

Just going to go out on a limb here and say ROKU did better than expected in EPS and outlook...

Beat on eps and revenue

DBX beat estimates by 25%

Thanks!

Oof. T&p

STMP.... holy hell....

Jizzle89 said:

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STMP.... holy hell....

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Good entry!?!? LOL

leoj said:

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Oof. T&p

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Yep. Big ol loser for me. At least it was a smaller play for me

IrishTxAggie said:

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DBX beat estimates by 25%

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Makes sense....it's down 10%.

Lower guidance I believe.

KHC is in big trouble. Wonder how much longer Buffet sticks with his stake

HEAR is 16.25 this morning, got a feeling today it stays green. Averaged down to 15.93 yesterday so I hope it doesn.

The Stamps.com thing is crazy. Life changing trades occurring in that name. People who bought hundreds of dollars worth of puts are going to have tens of thousands to hundreds of thousands now. Power (and danger) of options.

What if Amazon offers to buy stamps.com for $150/share?

ROKU huge candle.....I sold that $56 spike and will just wait to see what next.

OLED today up 14%

jmcfar_98 said:

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OLED today up 14%

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Fun stuff with that sucker

NIO having a strong day early

As long as its not announced today and you hit sell on some 137.5 P you bough for $25 that are now worth $5000+ who cares

I own shares, debating on getting out or if I should see if this bad boy climbs higher

Not surprising but really ugly for KHC.

Sold March 15 OLED covered calls $135 Strikes @ $7

tramaro1 said:

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I own shares, debating on getting out or if I should see if this bad boy climbs higher

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ROKU was my top buy at 2350 as most know. I just lightened my load by 30% on a planned sale at $56 target. Watching to see how much juice it has before selling covered calls on 25% of remaining shares

May be some resignation letters going in today for the folks able to offload those $140 puts...up over 10,000%. Ridiculous!

Ranger222 said:

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The Stamps.com thing is crazy. Life changing trades occurring in that name. People who bought hundreds of dollars worth of puts are going to have tens of thousands to hundreds of thousands now. Power (and danger) of options.

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So why did the sever the relationship with USPS? I just saw that it was non negotiable but never saw any reasoning behind it

Prognightmare said:

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https://www.cnbc.com/2019/02/22/canadas-barrick-gold-considers-hostile-19-billion-bid-for-newmont-mining-media.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

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GG was thought to be in the running. Stock took a hit down to $11. Not sure how to play that.

gougler08 said:

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Ranger222 said:

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The Stamps.com thing is crazy. Life changing trades occurring in that name. People who bought hundreds of dollars worth of puts are going to have tens of thousands to hundreds of thousands now. Power (and danger) of options.

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So why did the sever the relationship with USPS? I just saw that it was non negotiable but never saw any reasoning behind it

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AMZN

So should I buy back the ROKU 56 calls or just get called out and wait for a lower pull back to re enter

Colt98 said:

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So should I buy back the ROKU 56 calls or just get called out and wait for a lower pull back to re enter

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covered calls?

ROKU looks to be fully engaged which will include a short squeeze

JD is pressing towards trend high

NIO break out? I expect some profit taking starting in a couple hours. Am I crazy?

Anyone buying calls on STMP today?

On your HEAR option trade the chart looks good right now for reversal pivot off yesterday low. It's no accident that Wednesday $15.65 low is todays low. That shows a buyer there with a simple flash down below it yesterday.

Note the increased volume as traders position for the earnings. The long rejection candles touch $18 and beyond, so its a pretty good indicator that while false starts have been rejected there is buying interest at those levels. With $17.50 calls going into the money at those points it would be a winning trade. The $20 calls need a great earnings move.

Watch to see if $15.65 holds and if not if we DO NOT see a new low below yesterday. That would negate all of the technical above.



Here's intraday. You can see the highest volume mark occurs from buyer at $15.65