E said:

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I think you mean when it gets back

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And ... now.

Decisions. Think I'm going to sell 40% of them. I will certainly move up much quicker as soon as I sel those.

SDC showing some life today

UBER earnings today.

Opened a 3/20 40C/35P strangle for $2.80

TLRA ripping

big thank you to OA and everyone here, Ranger, Irish, PN, everyone I'm forgetting, even clay my accounts are ripping today on almost all stocks and entries mentioned here. About to cancel my HP sub at this rate! Cutting losses short, moving on and letting winners run has helped a ton. I still have a lot to learn, but getting there...oh and thank you whomever bought my PTON shares at near breakeven for me pre-market before it dropped this morning! Ha!

Do we keep adding NIO shares at these levels? My current cost basis is $3.65/share

Colt98 said:

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So on snss, if gets back at .80 should I sell half to get net free or let it continue to run to $1

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you have a lot more experience than me, but there are huge buys coming in in the high .70's. I think $1 could be soon.

I've been long Uber since days after the IPO. TLRA is working for me too, OA always calls it. GILD is now thinking about running. Watching closely.

Have been fighting flooding in my basement the last three hours. Have a break for now. 8 inches in two hours. There's a joke in there somewhere. We're getting what Texas got yesterday.

Bad joke withdrawn

Any of you PLAN holders have issues with it not retaking 60, just moving sideways? Which pretty much every trade I hold other than irbt has the same chart right now.

OKTA, get away from that hanging man technical please

Everything is running sideways right now. Like a siesta

$ACB halted

MOMO volume....really need a pop and move to $33.50 so we can have that $37 gap fill realized

I missed it. Looks like today is consolidating

Thanks. Just taking a look now. Looks like we're still good to go.

aggiedaniel06 said:

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aggiedaniel06 said:

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Keeping with my Coronavirus strategy, bought 5 RCL 2/14 115P at $3.20

PSA for anyone who might join this trade, earnings release is on 2/7.

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RCL announced Q4 earnings today and missed GAAP EPS by $0.14. However, the SP shot up premarket and gapped up to $122 but has been fading ever since, a bearish sign given that the overall market has been strong.

The puts I bought held on pretty well considering the IV crush and are currently at 1.85. This is why I bought them two weeks out and not weeklies.

Today, I opened a 115/110 put spread (Qty. 20) expiry of 2/21 for $0.70. Max profit of $8600 at expiry with Max loss of the premium paid of $1400.

Will keep y'all posted...

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Moment of truth coming for these trades. Bearish penant almost complete. If it breaks below we see 115 quick.

115P down 40% (I had sold some puts against this to lower cost to $2.5)
Put spread up 60%

Anyone following the Casper IPO?

SNSS is a flatline right now

More interesting IPO is Schrodinger which opened around lunch. They are a biotech (but not really), more of a life sciences company I guess. They have built this computer program to find novel molecules for certain drug targets for future drug development.

A lot of heavy hitters invested here including Gates. On my watchlist and will be looking to buy on eventual pullbacks.

GILD options are trading like BYND a couple weeks ago. The stock is dropping and options are staying the same price or increasing. Even though this morning the stock price was higher and option prices were lower. I'm looking at the 3/20 75 calls so not sure what other dates and strikes are like. Feels like sitting it out or jumping in is going to be the wrong decision, whichever way I go.

Ranger222 said:

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More interesting IPO is Schrodinger which opened around lunch. They are a biotech (but not really), more of a life sciences company I guess. They have built this computer program to find novel molecules for certain drug targets for future drug development.

A lot of heavy hitters invested here including Gates. On my watchlist and will be looking to buy on eventual pullbacks.

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Interesting, please keep us updated Ranger if you would.

Today was nothing but chop and premium burn. Could use a great jobs report tomorrow am to get us higher.

Straight down hill since 11:45

Who has the earnings trade for today's close?

What's the deal with BA?

80 stocks set to report after the close today, including Wynn, T-Mobile, Uber, News Corp., Activision, Take Two, and Fortive

I used uber last month more than I normally do.

Kind of want to play a Wynn call, but I'm going to just watch.

Remember that scene in Little Giants where the kid is running away from a beast of a linebacker while yelling "blow the whistle! Blow the whistle!"?

That's me right now that my number is finally green.

it looks like pretty strong buying across the board on the close

I think I have the calls figured out. Now I'm working on the puts. In order to buy SPY puts at the end of the day to protect against a fall tomorrow morning, what price do you go with on the strike price?

I was rushing to get in something before the close today and bought SPY puts expiring tomorrow with a strike price of $333. Do you go with the current SPY price or take it down some? I'm guessing $334 or $335 would have been where we closed.

Edit - I'm already up 10% on this so I'm guessing I'm lucky or smart.