Buying MOMO
I bought the 4/17 $80c yesterday. It breaks out, those should pay nicely.Jizzle89 said:
Those GILD $72.5 calls are getting cheaper to pick up! $.17
If you get the feeling somebody is following you, don't worry about it. That's just me.oldarmy1 said:
I buy the 337 calls expiring tomorrow 58 cents on the retest of days lows.
I'll be looking at cheap calls on Friday, assuming it dips (and beats). If IV is still super high today, they may hold it down through Friday.khkman22 said:
Assuming ROKU beats, will anybody be looking at puts early tomorrow morning? What about calls if they miss on something or guidance is not great? Basically, has anybody decided that one way or the other the model T trade will be appealing to them?
I did this on their November earnings release and it worked out well on the call side. I'm not sure I'm as confident it will work the other way around this time though if they beat.
Your move was far better timed than mine. I probably bought your sells.oldarmy1 said:
I take half of the 58 cent calls and sell here above 80 cents. So now you have complete profits locked in and zero downside risk on all hedges.
This is where the your disciplines on Model T's come into play. We had a move up that lead to a retest. I entered calls based on retest holding but prepared to bail if it didn't. Once it started back up the Model T was nearly perfect on the 82 cent exit.McInnis 03 said:Your move was far better timed than mine. I probably bought your sells.oldarmy1 said:
I take half of the 58 cent calls and sell here above 80 cents. So now you have complete profits locked in and zero downside risk on all hedges.
just saw a massive green bar -- it's a 200k share purchase. Works out to 27 mil $ !!oldarmy1 said:
OKTA using the negative markets to creep up towards resistance. Markets get any juice and we're golden.
Today looks like a blow off top day. Do you have the ability to sell covered calls? I'd go out to March 20 and sell the $70 calls for $10 asap.AgShaun00 said:
Anyone play ESPR?
I bought back in 2016 for 10, and sold in 2017 for an average of 44, rebought in 2018 for 38 and now at 73.45. Not sure when to sell it.
59 South said:
SQ volume spike right up to top of 16 month Darvis box. Earnings in a couple weeks. Could run up more if breaks out of the box. I wish I owned it in an account with covered call ability! I'm in a couple month swing from 63.30.
What platform or service are you owning the shares in?McInnis 03 said:
I need to figure out how to do covered calls on Ameritrade. Haven't figured it out yet.
Sell (to open) one option contract for every 100 shares you own. If you don't own shares, you can do this in 2 transactions, or in ToS right click on the option you're interested in writing and look for 'covered stock' under buy. The latter will debit the call sale from the share price.McInnis 03 said:
I need to figure out how to do covered calls on Ameritrade. Haven't figured it out yet.
Thank you, I'll have to dive in and maybe throw one out on one of my losers I'm still holding. (aka marijuana crap)gotsand said:Sell (to open) one option contract for every 100 shares you own. If you don't own shares, you can do this in 2 transactions, or in ToS right click on the option you're interested in writing and look for 'covered stock' under buy. The latter will debit the call sale from the share price.McInnis 03 said:
I need to figure out how to do covered calls on Ameritrade. Haven't figured it out yet.
Since they went $0 stock transaction fees, it really doesn't matter which way you make the trade.