anyone still holding on to the 2/24 jpm $93 calls? Really wish I would have exited late friday

IrishTxAggie said:

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LVS has heavy exposure to Macau which is open

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but no one is going

Every knee shall bow and every tongue shall confess

Mtn_Guide said:

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IrishTxAggie said:

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LVS has heavy exposure to Macau which is open

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but no one is going

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he's just sharing order flow information

That order was mine.

Well, partially mine.

Ok ok fine, I bit and followed that order with a little snack sized roll of the dice (pun intended).

For everyone that went in on the LVS calls, what's your target exit point?

Here is the rally to get the S&P back over the trend line.

IrishTxAggie said:

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Mtn_Guide said:

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IrishTxAggie said:

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LVS has heavy exposure to Macau which is open

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but no one is going

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Again, you don't see $1.2MM on one order go to OTM calls the week of earnings without knowing something... Everyone is responsible for their own risks. I'm just sharing something that is abundantly clear to a lot that follow order flow.

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Followed on DFS (actually bought shares as think there's value longer as well) and might as well follow on this

What's everyone's take on Carvana? Can it hit $90? If so hold or reduce? I got in at $55.

Aggietaco said:

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oldarmy1 said:

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Sold as wad of AAPL naked $260 May 15th Puts for $10.45. I'd buy more AAPL at $250 no questions asked, so either make $1045/Put or if its below $260 assign it to me for net $249.65 entry price. Best of both worlds would be AAPL around $258 come expiration and assign shares to me for a quick additional $8 start.

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Out of curiosity, what's your analysis for exp date vs premium to decide on 5/15 at 10.45 vs 5/8 at 8.90 or 5/22 at 11.90?

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I think due to the timing of further stimulus and economic openings the "Go Away in May" could have a surprise rise towards mid-month before reality of the history lesson takes over. I don't complicate things too much when selling a naked Put. It's more about where my net buy would be if assigned and $250 was my mark.

Also, I tend not to look at all the bands cluttering up charts when we have fairly simple technical to watch. You can see the support line was hit and we bounced almost perfectly off of that for a pivot intraday thus far. If it fails then the downside risk gets juiced. If it holds then odds go up greatly for a bounce tomorrow. That said, if looking at the bounce odds you do not want to see markets end right back down near that support mark, or we'll be flying blind again.

If we do lose the support that arrow gap fill is where I would see us slightly overrunning versus a full retest of lows. And as always shown the lows on most stocks never reach the same lows achieved at the exact same macro market number seen during the 1st selloff. I think this goes to "fool me once" mentality.

I went ahead and bought those FB $205 Jun 19th calls. I'm a day later than all the buying yesterday and $0.80 below what they were paying, so worth the risk if big money is right.

SDC held up well during multiple selloff days. I did the covered call extra shares on otherwise sidelined monies mentioned the other day. With shares holding up the prospects of having those shares called out and pocketing the premium look good.

oldarmy1 said:

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SDC held up well during multiple selloff days. I did the covered call extra shares on otherwise sidelined monies mentioned the other day. With shares holding up the prospects of having those shares called out and pocketing the premium look good.

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I sold some naked SDC 5.5 puts with expiration on 4/24 looking to get an entry position but will take the premium if it runs this week. Seems like a good buy anywhere below 5 for longer term

AAPL reversed to green early before dropping to new lows and pivoted when markets did. Watch to see if it moves hard at some point and use that signal to buy weekly calls.

IrishTxAggie said:

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MSFT 4/24 172.5C getting lots of action around 1.7

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Manage some risk if you did these. You're up ~25% in 90 minutes

gougler08 said:

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oldarmy1 said:

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SDC held up well during multiple selloff days. I did the covered call extra shares on otherwise sidelined monies mentioned the other day. With shares holding up the prospects of having those shares called out and pocketing the premium look good.

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I sold some naked SDC 5.5 puts with expiration on 4/24 looking to get an entry position but will take the premium if it runs this week. Seems like a good buy anywhere below 5 for longer term

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Yeah, that's a good approach too. You'd think just daily movement on trend would get us down below $5.50

Don't look now, but HEAR continues to climb with a perfect V bottom from a month ago

SPY bumped its head right at that 275 level. New resistance.

tailgatetimer10 said:

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Add in the largest data company: AMZN, everyone has their eye on prime/deliveries but don't forget they host majority of the internet traffic out there. They get a piece of all the pie.

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Don't forget about AMZN Business. I have been doing the WFH thing for about 8 years now and we switched from Staples to AMZN Business for all of our office supplies, printer ink, etc. They seem to be pretty strong in that area as well.

Still worth a weekly buy? Or no signal yet?

AggiePeeps06 said:

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Still worth a weekly buy? Or no signal yet?

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Watch it and SPY. SPY resistance double top right now $275 area. AAPL $271 would be signal.

willjohnathan said:

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thirdcoast said:

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May 15 INTC $65 calls @ 0.55

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Sucker! I got it for more than twice that!

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I think OA did too around 1.35, but I'm sure he stopped out around 1.30....unless he is still waiting for $2.60.

oldarmy1 said:

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AggiePeeps06 said:

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Still worth a weekly buy? Or no signal yet?

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Watch it and SPY. SPY resistance double top right now $275 area. AAPL $271 would be signal.

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BUY BUY BUY

thirdcoast said:

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willjohnathan said:

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thirdcoast said:

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May 15 INTC $65 calls @ 0.55

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Sucker! I got it for more than twice that!

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I think OA did too around 1.35, but I'm sure he stopped out around 1.30....unless he is still waiting for $2.60.

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I am still in and added.

oldarmy1 said:

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oldarmy1 said:

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AggiePeeps06 said:

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Still worth a weekly buy? Or no signal yet?

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Watch it and SPY. SPY resistance double top right now $275 area. AAPL $271 would be signal.

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BUY BUY BUY

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LETS GOOOOO

Held AAPL 200p and just now bailed out, it rode 266 for like 2 hours. I'll ride it back up now.

COOP coming out of bottom basing.