McInnis 03 said:

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So...buy SPY puts like a mofo?

Thoughts on SDC Earnings this afternoon????

oldarmy1 said:

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All NIO leap calls in the money. What to do. Decisions-decisions.

Selling 75% of ROKU calls at the open pop since they expire Friday. Rest might run hard but also have to be mindful of a potential market retest after the frivolity of short covering and buying subsides.

If only a retest I would not expect a stock like ROKU to reach similar low as this time. $113-115 area would likely see major volume support.

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We not only had a market retest but a failure to new lows. Now where was the ROKU range on that intraday market low?

Ok, that was just lucky. $113.06 low.....sorry if you had orders placed at $113. ha!

SPXS $13.54 getting somewhere but still suggests a lot of money thinking more down side.

Reading today 81 of 94 occurrences were from 2009-2011. Most recent occurrences ware feb 2018 and oct 2018.

I'm maintaining outlook from Jan 26. More down coming.

I bet having that name over the last 4 years was great

NRD09 said:

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Talon2DSO said:

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So...buy SPY puts like a mofo?

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sure, if you like taking advice from someone named "permabear doomster"

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I think it's a little tongue in cheek, he normally posts pretty basic summaries of daily/weekly candles that go either way.

CARS is tanking incase you're into the Model T thing.

McInnis 03 said:

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CARS is tanking incase you're into the Model T thing.

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My 4yr old thinks he's Lightning McQueen.

oldarmy1 said:

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SPXS $13.54 getting somewhere but still suggests a lot of money thinking more down side.

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SPXS never lies

Started buying/adding to positions about an hour ago

Small, nothing big as more downside could still be ahead, but taking an opportunity here

About to tag the 100 day on SPX at 3164 at this rate

Targeting any names in particular?

Ranger222 said:

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Started buying/adding to positions about an hour ago

Small, nothing big as more downside could still be ahead, but taking an opportunity here

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You've been money on your picks. You care to share any of those names you're nibbling on?

There's simply not a ton of support between the loss of 3205 down to 3119

Just a basket of longterm names I like -- ADBE, DDOG, OKTA, PAYC, ROKU, SHOP. Still looking for entries in names like TDOC.

Really wanting to build a basket of streaming names. Just listened to the recent episode of "Investing with IBD" podcast and they talked a lot about the streaming space and still a lot of room for growth. Thinking of an ADBE, ROKU, TTD, TLRA basket. Have positions in all already but adding to it more. If everyone is at home with cornavirus, there will still be a lot of streaming and ad revenue.

just nibbling/adding. These will be long term holds, not swings.

oldarmy1 said:

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There's simply not a ton of support between the loss of 3205 down to 3119

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100 day moving avg is just a few points away

Thank you

Hedging with $SPY mar 4 300p

I think I'm going to see if SDC can run up to close and then buy a "scratch off" put.

I bought $310 and $301 SPY Feb 28 puts as further hedge. I added a SPY call Feb 26 $319 in case we do find a bottom bounce but bottoms don't generally come in with current action.

I actually received a call from a friend asking if I had masks.

CoronaCrazy going on

oldarmy1 said:

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I actually received a call from a friend asking if I had masks.

CoronaCrazy going on

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Just in case "something happens", may I PM you my information and be listed as one of your beneficiaries?

Quote:

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Roku Option Alert: Apr 17 $140 Calls Sweep (2) near the Ask: 572 @ $3.201 vs 4760 OI; Ref=$114.19

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oldarmy1 said:

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I actually received a call from a friend asking if I had masks.

CoronaCrazy going on

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I could make more stocking up on masks and ebaying them on a run then I am in the market lately

Think I may move a little of my 401K from bonds fund into stock funds after the last two days this afternoon. Keep some on sidelines for further correction, if it occurs.

HoustonAg_2009 said:

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$90/share is getting close --- Worth creating a mid-term position? 30%+ off its Jan 2020 high.

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I wouldn't do it. Looking at the chart it has basically no support in sight. So technicals are trashed.

From a fundamental standpoint, cruising which is the most dicretionary travel possible, is toast in Q1 and thereby as I said earlier, Q1 earnings will be horrendous.

I won't go long RCL until I see a clear bottom and recovery. Don't be surprised if you see $75 by April.

That's probably prudent but I'd wait till Friday.

GOLD going to make another move? Below yesterday's close

BenRev09 said:

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GOLD going to make another move? Below yesterday's close

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This one is confusing me.

oldarmy1 said:

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I actually received a call from a friend asking if I had masks.

CoronaCrazy going on

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Well answer the damn question. Do you have any masks?