Had a 5.40 order in and got busy with my real job, so I'm not holding anything yet. In reality I should quit waiting for 4/4.50 again and buy and forget for long term, but I can't help but wait for a low spike.Prognightmare said:It almost got there, now just watch for volume on the minute chart to see if it will push through.Aggietaco said:Sitting at 6+ pre-market. Going to be another profit taking and then slow rise day?Prognightmare said:
Based on the volume today, I believe SDC busts through 6 at the open unless futures are down 500.
I might buy into a few shares at the early sell off to see what happens.
The JAN21 $2 calls have a boatload of volume.Prognightmare said:
WLL
At least one of our clan is making bank today.
Agreed, I bought in a couple days ago with sharesPrognightmare said:That chart looks really good to me.gougler08 said:
DFS goes green
I'm in the 5/15 36.5c, They should be fine and I may add more today.gougler08 said:Agreed, I bought in a couple days ago with sharesPrognightmare said:That chart looks really good to me.gougler08 said:
DFS goes green
Quit trying to rationalize it.$30,000 Millionaire said:
This is demoralizing for a short to watch. $3T in stimulus, unlimited QE, junk bond purchases, 26M unemployed claims in the last month, impacted earnings, low guidance, high likelihood of a wave 2, and suppressed demand, yet we are likely to break out of this channel and move towards a full retrace.
What the F.
Considering following this. I could do a covered call as another user suggested yesterday but just wasn't sure my inputs were accurate (within TD Ameritrade) and got side tracked but wondering what the pros / cons were to picking up options and just letting my shares continue to ride vs. the alternative (covered call).McInnis 03 said:
If my charting of AVWAP is right (WHICH IT PROBABLY ISN'T) the next resistance on AVWAP would be 6.41 or so for SDC. I just got in the $6 calls for next friday which have a LOT of action on them.
A LOT better than a 1 month CD.FAT SEXY said:
One month of small ball trading and I've turned $2800 into $3200.. At least I'm not taking L's I guess.
15% is nothing to scoff at.FAT SEXY said:
One month of small ball trading and I've turned $2800 into $3200.. At least I'm not taking L's I guess.
You can sell the 5/1 $6 calls for .40. I'd recommend that. If they get called out, it means you essentially sold them at $6.40BearkatRunner88 said:Considering following this. I could do a covered call as another user suggested yesterday but just wasn't sure my inputs were accurate (within TD Ameritrade) and got side tracked but wondering what the pros / cons were to picking up options and just letting my shares continue to ride vs. the alternative (covered call).McInnis 03 said:
If my charting of AVWAP is right (WHICH IT PROBABLY ISN'T) the next resistance on AVWAP would be 6.41 or so for SDC. I just got in the $6 calls for next friday which have a LOT of action on them.
Appreciate any input.
I switched from short to long in the SPY this morning once we got over that 281 resistance line. We are also above the the 50 dma. Looking for a move to 288-289 (massive resistance).$30,000 Millionaire said:
This is demoralizing for a short to watch. $3T in stimulus, unlimited QE, junk bond purchases, 26M unemployed claims in the last month, impacted earnings, low guidance, high likelihood of a wave 2, and suppressed demand, yet we are likely to break out of this channel and move towards a full retrace.
What the F.
That's awesome. Congrats! In the exact same boat as you. I have similar percentage gains (much higher early last week but learning the hard way lately).FAT SEXY said:
One month of small ball trading and I've turned $2800 into $3200.. At least I'm not taking L's I guess.
$30,000 Millionaire said:
This is demoralizing for a short to watch. $3T in stimulus, unlimited QE, junk bond purchases, 26M unemployed claims in the last month, impacted earnings, low guidance, high likelihood of a wave 2, and suppressed demand, yet we are likely to break out of this channel and move towards a full retrace.
What the F.
And Apache is up 35% in the last 5 days. Just crazy...texagbeliever said:
Oil stocks are outperformint the market now. OVV up 13%, COP up 5%, MRO up 8%. These stocks stayed flat during the oil price free fall.
I had sold OVV naked puts last week that would have been called out, the I got cold feet with oil and bought them back for a small gain...damntexagbeliever said:
Oil stocks are outperformint the market now. OVV up 13%, COP up 5%, MRO up 8%. These stocks stayed flat during the oil price free fall.
texagbeliever said:$30,000 Millionaire said:
This is demoralizing for a short to watch. $3T in stimulus, unlimited QE, junk bond purchases, 26M unemployed claims in the last month, impacted earnings, low guidance, high likelihood of a wave 2, and suppressed demand, yet we are likely to break out of this channel and move towards a full retrace.
What the F.
You are assuming people didnt expect the things to be happening that you are saying much less assuming the market didnt think things would be worse. At the low people probably thought a million people were going to die and society has a 20% chance of collapsing. Now we are looking at a sooner than expected opening (before Aug/Sep) and a much less lethal virus.
OVV have KOS have been some of my biggest portfolio gainers over the last week or two.gougler08 said:I had sold OVV naked puts last week that would have been called out, the I got cold feet with oil and bought them back for a small gain...damntexagbeliever said:
Oil stocks are outperformint the market now. OVV up 13%, COP up 5%, MRO up 8%. These stocks stayed flat during the oil price free fall.
You can select "Buy to Close" and then it will fill based on the current bid/ask spreadjsap said:
I sold naked put that may get called out tomorrow. How do I buy it back?
Almost ITMMcInnis 03 said:The JAN21 $2 calls have a boatload of volume.Prognightmare said:
WLL
At least one of our clan is making bank today.