Stock Markets
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gougler08
9:39a, 9/16/19
X just doesn't want to flush
Aggie_2463
9:39a, 9/16/19
In reply to aggiedaniel06
aggiedaniel06 said:

You should get there this week!


Another round of bombings on either side and we soaring
Charismatic Megafauna
9:43a, 9/16/19
In reply to ProgN
Prognightmare said:

Aggie_2463 said:

RIG - Go baby go
You better watch for when Saudi says they'll be back online for full production. I'm looking at adding to my RIG puts.
I don't believe a word of this "we'll be at full production in 24 hours" bs...or really anything the Saudis say. I think this thing's gonna keep unfolding over the next couple days before we realize just how bad it is/how fragile the oil supply is (at least in europe). That said usou is up 30% and I'm still holding. Stacking another hurricane and an EIA draw on top of it this week is gonna push oil prices up more
Aggie_2463
10:02a, 9/16/19
In reply to Charismatic Megafauna
NRD09 said:

Prognightmare said:

Aggie_2463 said:

RIG - Go baby go
You better watch for when Saudi says they'll be back online for full production. I'm looking at adding to my RIG puts.
I don't believe a word of this "we'll be at full production in 24 hours" bs...or really anything the Saudis say. I think this thing's gonna keep unfolding over the next couple days before we realize just how bad it is/how fragile the oil supply is (at least in europe). That said usou is up 30% and I'm still holding. Stacking another hurricane and an EIA draw on top of it this week is gonna push oil prices up more
Yeah I've read it is the largest bombing since the 90s when Iraq hit 'em. I don't think they will be back up and running in 24 hours....
fightintxag13
10:08a, 9/16/19
In reply to Charismatic Megafauna
NRD09 said:

Prognightmare said:

Aggie_2463 said:

RIG - Go baby go
You better watch for when Saudi says they'll be back online for full production. I'm looking at adding to my RIG puts.
I don't believe a word of this "we'll be at full production in 24 hours" bs...or really anything the Saudis say. I think this thing's gonna keep unfolding over the next couple days before we realize just how bad it is/how fragile the oil supply is (at least in europe). That said usou is up 30% and I'm still holding. Stacking another hurricane and an EIA draw on top of it this week is gonna push oil prices up more
What was your entry at on usou?
Charismatic Megafauna
10:16a, 9/16/19
In reply to fightintxag13
140 shares at 20.25
edit: thought it was closer to $3500, guess not
Aggie_2463
10:24a, 9/16/19
OK, anyone else notice HEAR and COOP seem to run the same each day. When one is up, the other is up, when one is down the other is down and they tend to be close in stock price.... I know they have nothing to do with each other, but damn it's coincidental..
Charismatic Megafauna
10:27a, 9/16/19
In reply to Aggie_2463
let us know when you figure out a leading/trailing relationship and I'm all in!
gougler08
10:35a, 9/16/19
In reply to Aggie_2463
Aggie_2463 said:

OK, anyone else notice HEAR and COOP seem to run the same each day. When one is up, the other is up, when one is down the other is down and they tend to be close in stock price.... I know they have nothing to do with each other, but damn it's coincidental..
I think it is just that OA picks winners
La Bamba
10:44a, 9/16/19
So re: OSKT several brokerages have canceled options buying on this one. Just called Fidelity and they confirmed that there is no official word on approval of dividend and how the short positions are to be handled. Said they are waiting to hear from OSTK and/or SEC in the next couple of days. No ex-dividend date has been announced either. This smells fishy AF.
spud1910
10:49a, 9/16/19
In reply to La Bamba
Yeah, can no longer buy options on ostk on robinhood.
Charismatic Megafauna
10:52a, 9/16/19
AIMT down 6% today after the FDA panel approval recommendation, after barely any run up to the briefing doc release. Doubled down with $25 weeklies
Aggie_2463
11:05a, 9/16/19
In reply to La Bamba
La Bamba said:

So re: OSKT several brokerages have canceled options buying on this one. Just called Fidelity and they confirmed that there is no official word on approval of dividend and how the short positions are to be handled. Said they are waiting to hear from OSTK and/or SEC in the next couple of days. No ex-dividend date has been announced either. This smells fishy AF.
Been watching OSTK for a potential re-entry.

If there is some issue with the dividend could we see a big sellof and it drop back into the teens again?
La Bamba
11:11a, 9/16/19
In reply to Aggie_2463
Aggie_2463 said:

La Bamba said:

So re: OSKT several brokerages have canceled options buying on this one. Just called Fidelity and they confirmed that there is no official word on approval of dividend and how the short positions are to be handled. Said they are waiting to hear from OSTK and/or SEC in the next couple of days. No ex-dividend date has been announced either. This smells fishy AF.
Been watching OSTK for a potential re-entry.

If there is some issue with the dividend could we see a big sellof and it drop back into the teens again?
I'm just going to keep an eye on this until something more official comes out. Just dropping like a rock today.
pacecar02
11:18a, 9/16/19
I can buy OSTK options but I have to call into the desk, they will not let me sell to open

None or the brokerages are equipped to handle these virtual dividends
Charismatic Megafauna
12:12p, 9/16/19
weak hands...I sold 100 at 29.25, playing with house money now
La Bamba
12:21p, 9/16/19
This stock went from 29 to 21 in less than two trading days. Wow.
aggiedaniel06
12:24p, 9/16/19
CRC with an epic short squeeze! My September options were looking at a worthless expiry yesterday and now are at only a 30% loss. Unbelievable.
YNWA_AG
12:25p, 9/16/19
COOP about to break $11
Aggie_2463
12:29p, 9/16/19
In reply to La Bamba
La Bamba said:

This stock went from 29 to 21 in less than two trading days. Wow.
It's been a volatile stock since it was $9.
aggiedaniel06
12:30p, 9/16/19
In reply to Aggie_2463
Aggie_2463 said:

OK, anyone else notice HEAR and COOP seem to run the same each day. When one is up, the other is up, when one is down the other is down and they tend to be close in stock price.... I know they have nothing to do with each other, but damn it's coincidental..


The correlation is that they are both small caps. The small caps, which have been big laggards in 2019 have rebounded nicely over the last 3 weeks. See IWM, the Russell 2000 index which is up around 10% over the last 3 weeks.
Whitetail
12:44p, 9/16/19
In reply to aggiedaniel06
aggiedaniel06 said:

Aggie_2463 said:

OK, anyone else notice HEAR and COOP seem to run the same each day. When one is up, the other is up, when one is down the other is down and they tend to be close in stock price.... I know they have nothing to do with each other, but damn it's coincidental..


The correlation is that they are both small caps. The small caps, which have been big laggards in 2019 have rebounded nicely over the last 3 weeks. See IWM, the Russell 2000 index which is up around 10% over the last 3 weeks.
Basically coincides with this article:

https://www.bloomberg.com/news/articles/2019-08-28/the-big-short-s-michael-burry-sees-a-bubble-in-passive-investing
fightintxag13
1:18p, 9/16/19
In reply to Charismatic Megafauna
NRD09 said:

weak hands...I sold 100 at 29.25, playing with house money now
I had a stop quote sell at $28.50 when it was about $28.90. It had one tick at $27.88, sold me out, and then ticked back to $28.77. I was pissed.

Awesome trade for you!
gougler08
1:45p, 9/16/19
Anyone targeting ALGN down at these levels?
UpstateAg
2:49p, 9/16/19
Any thoughts about the oil boom lasting more than a few days? I'm in CLR, which did "ok" today. I have set sell prices, but thinking of revising based on reading about the size of the attacks and damage.
khaos288
2:57p, 9/16/19
Ostk and X puts destroying my portfolio today
Aggie_2463
3:02p, 9/16/19
So... why did OSTK drop almsot 21% today?
ProgN
3:07p, 9/16/19
What day is the fed announcement?
leoj
3:10p, 9/16/19
In reply to ProgN
Wednesday afternoon
Shiner Bock
3:10p, 9/16/19
In reply to khaos288
khaos288 said:

Ostk and X puts destroying my portfolio today
have no fear on your X puts......i closed them today it should skyrocket for you tomorrow
Charismatic Megafauna
3:16p, 9/16/19
In reply to fightintxag13
I have never had success setting stop losses that didn't hose me. I'm convinced there are algos out there designed to swing the prices and trigger people's stops so they can scalp mid-run

Thanks for the props, we'll see if my guess is right that we're in for a couple days of this, I am still holding everything except those 100 shares usou, everything in the media seems to be frantically trying to downplay the impact of the attack so I think we'll see even higher oil in the next 2 days at least
tramaro1
3:17p, 9/16/19
In reply to Shiner Bock
Shiner Bock said:

khaos288 said:

Ostk and X puts destroying my portfolio today
have no fear on your X puts......i closed them today it should skyrocket for you tomorrow

Great, much appreciated!
Charismatic Megafauna
3:18p, 9/16/19
In reply to gougler08
gougler08 said:

Anyone targeting ALGN down at these levels?
isn't ALGN's main issue that the patent on their main/only product ran out? They still have name recognition/market share which is worth something but any company I can recall with a similar situation seems to wither away eventually
leoj
3:19p, 9/16/19
I'm still holding X and SQ puts
leoj
3:19p, 9/16/19
In reply to Charismatic Megafauna
Also smiledirect IPO
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