Airlines breaking out of their boxes

TheBiggerEvent said:

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$v

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yep, at this point I am going to ride or die with these 200C expiring tomorrow

IrishTxAggie said:

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I'M IN THESE NOW

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bought at 1.28, sold at 2.6 and 2.99 at open.

thanks and gig 'em Irish!

You are used to seeing debits for options. You sold a covered call which is a credit. So it looks negative when you open the trade, but it's money in your account.

I'm not in these, but sharing. Very repetitive

Every knee shall bow and every tongue shall confess

The intrinsic value of the option is likely gone at this point. You should always expect an option could go to 0 at any time, but if you are able to cut losses, there's no shame in that at all. The likelihood of it getting to close to 200 by EOD is pretty low, so you could cut bait now and preserve a little capital. Maybe leave one out there if you want to see how it moves through to expiration, but I think the money has already been made on that option. Just some thoughts, not guidance!

DKNG - is this just a momentum play right now? If so, when are you exiting. Basis is $25 and change and this sucker just blew through the 30's.

Every knee shall bow and every tongue shall confess

AZN in to the green for the day. Let's see if she runs...

CHWY continues to kill it

Do y'all think ROKU has hit bottom and on the way back up?
Edit: what moving averages do you use to consider resistance?

Nasdaq 100 just hit a record high.

What f'ing virus?

Bob Knights Liver said:

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McInnis 03 said:

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Bob Knights Liver said:

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MIK!!!

EPS estimates were $0.14/share, actual was ($0.43). Rain down upon me my reward for shorting this 10-day run up.

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Drinks on you tonight.

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Now it's up 4% after the terrible earnings and being down 13% premarket. So confused. I'm going to be unpacking this one for awhile.

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Now it's down almost 8%. I'm not sure I understand the huge green candles for the first 3 minutes today. Was this someone trying to push the value up hoping it wouldn't tank as bad or so they could sell bigger volumes? Still so confused. Sorry, last time I'll spam about it.

I'm in these from .49

SPY is green.

+1 here

Anyone still in the ROKU 6/19 120s? I averaged down yesterday and bought half back at 1.80 this morning. Still upside down some, but not as bad as yesterday.

JPM is killing it for me.

brd79 said:

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Do y'all think ROKU has hit bottom and on the way back up?
Edit: what moving averages do you use to consider resistance?

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I'd be careful with ROKU right now. If we are about to pullback to 300 on the SPY, ROKU will probably fill that gap at $97.

Rice and Fries said:

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JPM is killing it for me.

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I just wrote some $110 covered calls on my JPM shares. The runup has been too far, too fast to be sustainable, in my mind.

When do we give up on the CRM calls?

$30,000 Millionaire said:

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Carlo4 said:

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Anyone else starting to buy up a little TVIX? Just started buying as we approach the 313 level for SPY. I know i've been playing with fire while wearing gloves soaked in gasoline, but I made $1,300 day trading TVIX last week. Just waiting for a moment again for a quick spike, which I"m guessing is coming as we get closer...

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adding now that we have gone to april lows.

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Took my stop loss and moved on. I know this is a loss game long run with jumps to ride short term, but the drop off from 160 to 118 in a few days is pretty accelerated!

IrishTxAggie said:

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I'm in TSN from $58 for a swing. $0.50 stop

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I love algos that sell the stocks. This is up $5.5!!

2wealfth Man said:

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DKNG - is this just a momentum play right now? If so, when are you exiting. Basis is $25 and change and this sucker just blew through the 30's.

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I sold 200 shares at 35 that I bought at 18. Bought another 150 at 32 and I'm gonna ride it for the long ride now. At least until NFL gets here. I'll probably add on dips

VIX is at support right now.

AAL starting the day off right

good grief anyone following $GNUS? a month ago today it was worth ~$0.30/share and today it hit $11.73 for a minute. congrats to any who had it.

pb488 said:

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good grief anyone following $GNUS? a month ago today it was worth ~$0.30/share and today it hit $11.73 for a minute. congrats to any who had it.

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Unfortunately not. It showed up on my twitter feed at around $2.5 and I thought I missed the pop.

I'm beginning to think he is right

$30,000 Millionaire said:

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VIX is at support right now.

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I get that, but I bought in at 125/126 area and put a stop loss in not low below that. I'm not going to lose 10% even if I made the right call but timed it wrong. Been burned before and learning!

V 6/5 calls are not looking too hot..

maroon19 said:

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V 6/5 calls are not looking too hot..

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Should have been out of those already

McInnis 03 said:

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Juicy juicy gap, but too much activity for this setup today. Too bad.

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MF. We got the full gap fill.