They got this turned around. I think bears test HOD on SPY to close.
Bob Knights Liver said:
A few to look at today: DRI, EAT, and INN. I got in a little on EAT $25 calls. It broke upwards today abovr the 8 and 21 EMAs and I think has potential to get to or past its upper BB at $26.20 in a relatively short period of time.
They will allow you to buy with unsettled funds but if you then turn around and sell whatever it was you bought before the funds have settled then it will lead to a violation in your account.TecRecAg said:
So I went over to my balances tab on E*Trade for the first time in a while and noticed that it says I'm on a 90-Day Restriction. My account is Level-II options that is all cash, and only bought when I have enough under "Cash Buying Power". It's still allowing me to long basic calls and puts. Is this because of daily trades I've made where cash hasn't settled and I've bought something else?
Anyone have an idea?
oldarmy1 said:
GOCO IPO is GoHealth. Happens to be one of my larger clients and extremely profitable. I just bought first non-assigned IPO shares at $20 for long position.
"the night is long" as HP says... curious to see if this is June 10th-12th all over again.gougler08 said:
Hanging man technical on the SPY
Half of this board is short right now, so at least your in good company.jeromePOWell said:
hate being short cause it just feels dirty, but I've got a lot of allocation in UVXY and some spy puts I was happy to let run to 0, and a ton of cash. I'm seeing the same thing as June 10 as well
Yeah I'm well hedged, uvxy, spxs commons, vxx calls, spy puts. If we get a full dump my account would rocket and I wouldn't complain! but I would have a few calls that would expire worthless.jeromePOWell said:
hate being short cause it just feels dirty, but I've got a lot of allocation in UVXY and some spy puts I was happy to let run to 0, and a ton of cash. I'm seeing the same thing as June 10 as well
F has seen good flow lately on calls I think, no idea on GMTecRecAg said:
Anyone in on options for the auto industry? Picked up a couple of GM $29C for 7/31 to hopefully play off earnings.
I think it's only prudent that you have something to protect you when the market goes both ways. For me, it's high return, low cost butterflies on SPX, for the next guy, who knows, but when the market is down you can make moves to get profit and when the market is up you can do the same.topher06 said:Half of this board is short right now, so at least your in good company.jeromePOWell said:
hate being short cause it just feels dirty, but I've got a lot of allocation in UVXY and some spy puts I was happy to let run to 0, and a ton of cash. I'm seeing the same thing as June 10 as well