WPM sitting just above yesterdays V bottom, also, on my platform it is listed as "hard to borrow"

hadn't seen that before

ENPH on fire today

I just found this forum/thread yesterday, sorry for latching on to you to shake out my ignorance...let me know if this thread is not the place for these kind of questions

your basis is $19, you sold a $25 call for $2.30 (now your basis is 16.7, right?), if you get exercised your profit is $8.30. Correct?

if you buy your $25 call back for $9 that makes your basis $25.70, then you sell a $34 call for $3.25 making your basis $22.5. Now if that one gets exercised your profit all-in is $11.50.

lot of work for $3.20? And if you don't get exercised your basis is now effectively higher, isn't it?

I need to look back at some of abdiel's previous investments to see how they behaved

It's a big lots style store. Except not as well run.

Colt98 said:

---

I guess I don't see how it has unlimited down side. Worse case in my case is I get called out of my stock at $25 and make $6 per share on the investment. Sure I'm missing out on the upside(happened to me on roku at $50).

---

Since you own the shares in a covered call, the worst case scenario is the stock tanking and losing the value in your underlying shares.

I wouldn't short the market going into a Trump re-election year. He'll do anything to keep the market up for the next 14 months.

RIG just can't break through that $4.60 range

Wrighty said:

---

I wouldn't short the market going into a Trump re-election year. He'll do anything to keep the market up for the next 14 months.

---

He can only do so much, and i don't think the fed has enough bullets, and the bullets aren't as effective as they used to be at this point in the cycle. It's like taking an antibiotic too much.

I don't think the Chinese will make a deal in the next 14 months. I don't see it. They're playing longer ball than Trump. If a deal is cut, I guarantee you Trump folded on a lot of points just to make a deal. Sell the news.

diablo loco said:

---

I think george 92 is gone. I'm going to miss that guy. Hopefully he comes back. I needed someone to step in land mines before me.

---

Yeah...he gone.

diablo loco said:

---

I don't think the Chinese will make a deal in the next 14 months. I don't see it. They're playing longer ball than Trump. If a deal is cut, I guarantee you Trump folded on a lot of points just to make a deal. Sell the news.

---

This has been my thoughts as well. It is still all a show, but markets are buying into any positive spin to keep afloat. All China is doing is buying more time. Head fakes to indirectly delay and get Trump in a corner during his final days before reelection.

Did the politics board claim another victim?

leoj said:

---

Did the politics board claim another victim?

---

General Board.

no, surprisingly it was the general board thread on family drama.

leoj said:

---

Did the politics board claim another victim?

---

I think it was the general board.

inside day on OSTK, who's comin with me?

Going up? Thought about buying a few shares to see if it bounces back

*crickets*

Always nice to see futures up again

TSLA exempt from auto tax in China. Skyrockets

JD looking to test resistance today. That "ignore the negative garbage and buy" under $28 is looking sweet.

Going to be pushing the top of this wedge on open, will be interesting to see if it can get through or fall back down

I knew I should have bought NFLX calls at the bottom of the wedge.

COOP closed that Model T and up it went.

oldarmy1 said:

---

COOP closed that Model T and up it went.

---

Yesterday went to buy at $8.75, and ended up at $8.86. Jumped on me in the matter of seconds getting my order submitted... So let's ride!

RIG needs to break through that $4.60s range, it's been finding resistance there several times in the past couple weeks.

SPX right off that resistance line the first try today

WDAY falling hard after earnings beat and raising guidance yesterday. May be in for a big bounce next week.

CX looks good. Does it look overbought or should the trend continue?

khkman22 said:

---

CX looks good. Does it look overbought or should the trend continue?

---

the 1M & 3M charts show that it formed a cup so a handle should be forming soon?

Any expectation in the market for Trump to delay tariffs built in, you guys think?

Afraid to hold over the weekend for tariffs to hit Sunday and market fall thinking a delay will be made and doesn't end up happening.

Oh RIG, just couldn't break through and now going wrong direction.

COOP has settled back to that $8.70 range