Yup...Mnuchin and Pelosi have a call scheduled today on relief bill.Engine10 said:
This is why we hedge! Let's see if bears have more ammo to try again.
Stock Markets
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Last: 3 hrs ago by Ranger222
MGNI hit spot on to a flash 50% retrace on yesterdays candle.
Did you teach her everything? Did she give you all that she wore?PearlJammin said:Nope. #6 is arriving in March. Can't keep her hands off of me.TecRecAg said:
I bet they're all first kids.
As a guy with 2 kids prior to COVID, I can assure you those who already had children were not trying to add to the fleet while being stuck at home.
username checks out
Orlando Ayala Cant Read
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Did something really dumb.
I've learned not to do this but did it this time with MGNI. I chased it at $9.35 (added more to an already significant position). Got caught up in the excitement.
I've learned not to do this but did it this time with MGNI. I chased it at $9.35 (added more to an already significant position). Got caught up in the excitement.
One lesson I've learned from Ripster is to not buy (either common or options) until the 10m close is at the 8ema. If it's extended up it's not worth chasing.
I think you'll get a shot in the low $8s and I would wait. Most of us cheering it on, already have substantial positions.
It will be fine but you can always sell a Nov $10 covered call for $0.65 or $0.70 if you feel overextended. $10.70 off your $9.35 or $8.60 net entry (which happens to be the low today) keeps your mind right.Orlando Ayala Cant Read said:
Did something really dumb.
I've learned not to do this but did it this time with MGNI. I chased it at $9.35 (added more to an already significant position). Got caught up in the excitement.
But you should hold off with the curved bottom and you still have that bullet just in case
Orlando Ayala Cant Read
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Ya, no I have gotten really disciplined with this stuff but for some reason lost that sense of discipline here. Oh well.TecRecAg said:
One lesson I've learned from Ripster is to not buy (either common or options) until the 10m close is at the 8ema. If it's extended up it's not worth chasing.
Orlando Ayala Cant Read
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oldarmy1 said:It will be fine but you can always sell a Nov $10 covered call for $0.65 or $0.70 if you feel overextended. $10.70 off your $9.35 or $8.60 net entry (which happens to be the low today) keeps your mind right.Orlando Ayala Cant Read said:
Did something really dumb.
I've learned not to do this but did it this time with MGNI. I chased it at $9.35 (added more to an already significant position). Got caught up in the excitement.
You can sell covered calls for NIO 29 Oct 30 for $1+ right now...would be almost a 7-bagger for me if called out or just continue to pocket premium
Yeah I bought into that blood!oldarmy1 said:Holding 3500 would be a yesspud1910 said:Time to consider adding with the dip today?oldarmy1 said:
$GRWG $18.87 after hours.
TSLA call up 40% and still $240 away from strike
MBIO volume
OVV is kickin butt.
350 test again
STIMULUS failure dump again.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
I need to get better with my trailing stops. Too many times getting shook out only for value to explode as soon as I trigger
Soon as SPY busted through that 349.06 level I snagged weekly VXX $22C, let's see if I can ride this thing today.
With these currently looking good, how long would you suggest holding vs taking the profit? I bought 11/16 $330P that are up close to 20% now and have helped as a hedge today with several others struggling.oldarmy1 said:We're still holding 3500 SPX but SPY is ahead of the selling. Options green greenoldarmy1 said:
If you buy a $SPY PUT out 30 days the movement isn't very pronounced unless a big market move occurs. So with SPY so close to a key support level and early move upward you can enter it and exit if SPY moves above $352.50. Probably less than a $20 loss on say a $330 Put.
Not sure what near term good news other than stimulus and that has obviously been pushed back. Do we trend toward filling in the leg-up gaps from the last few days?
Pelosi wants a market crash.
RKT fell through $23 support. 200 day MA seems to be at 22.70, is that the next logical hold?
I stopped out, so I'm currently waiting for this to pick a trend before I get back in.
I stopped out, so I'm currently waiting for this to pick a trend before I get back in.
Orlando Ayala Cant Read
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Well today's turning into kind of a dud 
NFLX getting hammered. Would this be a good long-term entry opportunity?
Bob Knights Paper Hands
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9ema is still above 21ema at 22.45. If we get below that mark or when those two switch I'll consider jumping out. Otherwise diamond hands for me while market does the Munchin-Pelosi twostep.
We may, may have found our composure here.
I"m showing the 9ema (yellow) below the 21ema (pink). Also shown is 23 support (red line) and 200 day moving average in orange. Am I charting wrong?Bob Knights Liver said:
9ema is still above 21ema at 22.45. If we get below that mark or when those two switch I'll consider jumping out. Otherwise diamond hands for me while market does the Munchin-Pelosi twostep.
edit: to add this is a 10m chart, on a 15 minute we haven't touched the 200 day moving average yet.
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Dunno. I was looking at ema from daily charts. Maybe I've been doing it wrong?
POTUS loading calls! as did I!McInnis 03 said:
STIMULUS failure dump again.
Good time to buy into 130s for DIS dropped back to fill gap from jump
Did 132 10/30, election values have the 11/6 too high for my taste
Did 132 10/30, election values have the 11/6 too high for my taste
oh im the last person in the world to be telling anyone they're doing this wrong, just talking out loud to learn, don't mind me.Bob Knights Liver said:
Dunno. I was looking at ema from daily charts. Maybe I've been doing it wrong?
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