DKNG signed a deal with ESPN and the chart has been ready to explode. I must say this has been one stressful stock to be in all summer but today is a good day
That's been my play. I've bought back the calls, rolled some of my calls out further, and bought a few more March 2021 calls. Less additional principal at risk than cost averaging down on shares but adds more risk/reward skin in the game.oldarmy1 said:Instead of adding more shares I bought back all of the covered calls I had on 50% of the shares. Above $7.50 and I re-enter $10 calls out to 2021 next time.ranchag04 said:Aggie_2463 said:
OA,
Seeing MGNI at $5.65 and how you've promoted this stock in past, are you loading the boat at this price?
Adding the 3D to this now that we have a green dot there too.McInnis 03 said:This news has fired the 2D squeeze and also the D squeeze is now a go. This could be a multi day run for DKNG so it's time to start watching how to manage the BWB's even though there are still 4 weeks on them!McInnis 03 said:
Alright kids, you like'em so here is one for you to look at.....
BWB - Broken Wing Butterfly on DKNG
Bullish Play
OCT 16 Date
40p/50p/55p
I received $2 credit per fly
If this takes a move in the up direction, you can manage by buying the -40p/+45p vertical for less than $2 and you can have net free 5 wide flys if you wish, or as long as this expires at >$42 you can keep the whole credit, it's how you wish. If falls below $40 at expiration you risk losing the $5-credit received investment.
DKNG is firing a 4H TTM_Squeeze, and is primed on the Daily, 2Daily, 3Daily, and 4Daily squeeze. Continuation of rise could fire any of those, and if they do, they can last anywhere from 2-5 of their periods (daily =2-5 days, 2D= 4-10 days, etc)
Was able to buy the -40p/+45p vertical for $2 just now. I'm now holding the 45/50/55 flys net free.McInnis 03 said:This news has fired the 2D squeeze and also the D squeeze is now a go. This could be a multi day run for DKNG so it's time to start watching how to manage the BWB's even though there are still 4 weeks on them!McInnis 03 said:
Alright kids, you like'em so here is one for you to look at.....
BWB - Broken Wing Butterfly on DKNG
Bullish Play
OCT 16 Date
40p/50p/55p
I received $2 credit per fly
If this takes a move in the up direction, you can manage by buying the -40p/+45p vertical for less than $2 and you can have net free 5 wide flys if you wish, or as long as this expires at >$42 you can keep the whole credit, it's how you wish. If falls below $40 at expiration you risk losing the $5-credit received investment.
DKNG is firing a 4H TTM_Squeeze, and is primed on the Daily, 2Daily, 3Daily, and 4Daily squeeze. Continuation of rise could fire any of those, and if they do, they can last anywhere from 2-5 of their periods (daily =2-5 days, 2D= 4-10 days, etc)
I think so too and Tuesdays of quad witching weeks are almost always pullbacks.Dan Scott said:
I think we're setting up for a drop. AMZN about to go red, GOOG off highs, AAPL off highs, DOCU off highs
Tomorrow is AAPL's new gadget release stuff. It's not truly shortable until it gives up $110 IMOBREwmaster said:I think so too and Tuesdays of quad witching weeks are almost always pullbacks.Dan Scott said:
I think we're setting up for a drop. AMZN about to go red, GOOG off highs, AAPL off highs, DOCU off highs
Dan Scott said:
What's up with Citi down 4% and other banks up
As long as the keep their OS tech specific to AAPL products (which they will never move away from) these gadget days will always go well for them. Rumors of some sort of new subscription package supposedlyTecRecAg said:
Is this going to be another release of the same product in new colors with a couple new features? I have to think at some point (and maybe not now) consumers are going to get tired of them treating their products like EA does Madden Football.
TecRecAg said:
Is this going to be another release of the same product in new colors with a couple new features? I have to think at some point (and maybe not now) consumers are going to get tired of them treating their products like EA does Madden Football.
Now I wonder how you caught that one?oldarmy1 said:
MBIO volume spike