Talks of trade war 2.0tam2002 said:IrishTxAggie said:
What did y'all do?? I woke up at 4AM, futures nice and green...comeback to look at 7 and bam!
No joke...has there been some bad news drop I haven't seen?
Talks of trade war 2.0tam2002 said:IrishTxAggie said:
What did y'all do?? I woke up at 4AM, futures nice and green...comeback to look at 7 and bam!
No joke...has there been some bad news drop I haven't seen?
I have thoughts here, but will withhold putting my foot in my mouth until I hear said announcement.IrishTxAggie said:
i sold 1/3 at 110%, but probably going to unload more. I like the put idea. That what I am learning that is taking time is how to finish a trade. usually I just sell and move on, but I am getting now that you can profit more.oldarmy1 said:
#1). JD = Another guarantee filled. Only one left currently is MOMO to hit $25. China stocks battered you say? I sold all but 20% of shares, just as planned at $51.50. Follow your plan regardless of potential. This is where I had super high confidence in achieving, so will be interesting to see if the earnings big day becomes a top by big money using it to exit as well. I'll be buying cheap $40 out to July with .05% of profits to cover remaining 20% plus up to 20% more for any risk free re-entry, should that occur.
#2). Aren't you glad you got out of $281 call premium? Never hold a call ITM on a weekly. Reposition just above current price of staying in at much lower premium. The Put side went in the money early by over $2 and I bought 50% shares against it to lock Profits and be in position for a potential head fake continuation rally. This sell off early is manufactured, so if you see bulls bring it back $290+ SPY would be ALMOST a guarantee.
oldarmy1 said:
Bought $281.50's again against $283 Puts
Who's ready for another edition of McInnis' greatest hits this morning? Was on the JD 45 call for May 22. entered 4/29, closed for a loss on 5/7. I'll give y'all an update this morning on just how bad that decision was.oldarmy1 said:
#1). JD = Another guarantee filled.
AgShaun00 said:
Time to buy 230P for July
I just have 280P weekly now. Didn't get into any long puts when it ran up. Lesson learned, will be ready at 290. I will get a position at 271. Do you buy the 3x funds ever or too risky?oldarmy1 said:AgShaun00 said:
Time to buy 230P for July
Might surprise us. I would buy SPY at $271.55 as it has big volume support. Especially if you own $283 Puts. You can sell covered calls against them, sell them if they bounce. Give yourself options against losing premium on puts if we move up into or at open.
still that high after the china news?IrishTxAggie said:
There is a lot of OI on the MU $45 and $46 calls and these will open a good bit cheaper if anyone is interested in taking a look
These transactions all took place before today. Probably some Senator selling calls ATM.AgShaun00 said:still that high after the china news?IrishTxAggie said:
There is a lot of OI on the MU $45 and $46 calls and these will open a good bit cheaper if anyone is interested in taking a look
sell hedges at open or give it 30 mins?oldarmy1 said:
So far markets look like a retrace of yesterday's move versus a trap. Gonna be a fun day.
I'm not going to say it's certain, but that gap is juicy and she's been dropping since ATH a few days ago.McInnis 03 said:
Serious question, has anyone here figured out why Wayfair went from 21.7 to 197.06 in 2 months? The gap up from 135 to 185 or whatever it did has me wondering if there isn't a really nice opportunity to play a fill.
what I sold for 1.67 is now 5.92 or thereabout. Give the man a prize. Believe in your transactions kiddos.McInnis 03 said:Who's ready for another edition of McInnis' greatest hits this morning? Was on the JD 45 call for May 22. entered 4/29, closed for a loss on 5/7. I'll give y'all an update this morning on just how bad that decision was.oldarmy1 said:
#1). JD = Another guarantee filled.
Seems we should always trust Chinese tickers to make earnings........
$2.50 gets you a 2.5c for Dec 2020Harkrider 93 said:
https://seekingalpha.com/news/3575064-sorrento-claims-covidminus-19-cure