OA, is there a target for WDC? Or just regular strategy of trying to go net free?

$PLUG and play returning well. Grabbed a stack of 11/20 $16s on yesterday's dip. If Biden election holds I'm thinking of exercising.

Linde (merged w Praxair) blew out earnings so supply side looking good in sympathy. Hydrogen getting attention too @ pipeline gas cos too as possible "conversion" infrastructure from nat gas.

If you got in on FEAC in the last few days its moving. Back above $12. Needs to break $12.52 for next leg.

Shundere said:

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OA, is there a target for WDC? Or just regular strategy of trying to go net free?

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Just saw your twitter post. Exited as well. Thank you!

Engine10 said:

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$PLUG and play returning well. Grabbed a stack of 11/20 $16s on yesterday's dip. If Biden election holds I'm thinking of exercising.

Linde (merged w Praxair) blew out earnings so supply side looking good in sympathy. Hydrogen getting attention too @ pipeline gas cos too as possible "conversion" infrastructure from nat gas.

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Bought the 117.5c yesterday after it was brought the thread. Sold at the open for 50% gain. Good call!

jwhitlock3 said:

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anyone holding shares on this? Feels like something that has good potential but I haven't done much reading on it.

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I've got a bunch from mid $9. Product is strong, growth story is challenging as they mostly have government contracts. They have a habit of getting involved with the less than popular Big Data stuff - facial recognition for Police use as an example. Might not be popular, but it's big money and they seem to have a competitive advantage brewing

What's the outlook on the market as a whole? We've been rocketing up all week, expecting a pull back tomorrow or next week?

Aggie_2463 said:

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What's the outlook on the market as a whole? We've been rocketing up all week, expecting a pull back tomorrow or next week?

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In all seriousness, I am not sure anyone knows what's coming with the uncertainty in front of us with regards to the election still. We know that the House is one party, the Senate is another, so it may not matter who wins the Exec branch outside of some niche markets. The cash seems to be getting injected these last few days though.

DKNG - if it breaks above 21ema around 42.25 it could run to 47 fast. I followed OA on those calls, but at $3.7 I'm only selling 60% of my contracts. The others I'll tighten stops and hold for $6.5. Is this reasonable or is this FOMO/hogs get slaughtered territiry?

McInnis 03 said:

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Aggie_2463 said:

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What's the outlook on the market as a whole? We've been rocketing up all week, expecting a pull back tomorrow or next week?

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In all seriousness, I am not sure anyone knows what's coming with the uncertainty in front of us with regards to the election still. We know that the House is one party, the Senate is another, so it may not matter who wins the Exec branch outside of some niche markets. The cash seems to be getting injected these last few days though.

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I've been accumulating some of the SPXS 1/20 6c below .50 from an OA twitter alert. They are at about .40 now. I also expect there to be volatility so he has been buying below .50, selling at or above $1.00 and going net free to let those ride for any fireworks.

Rice and Fries said:

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I bought AAPL $200 Call Strikes for Jan 2023 at $6.30 per.

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I like it, have the 140 3/19s for AAPL, these longer term tech calls from my experience are free money

DRE is industrial real estate. Their biggest client uses the space for logistics - AMNZ I like them long term, but I also like the chart for short term trade. I think this continues running along the upper BB for awhile like it did in early Oct before the election volatility got in full swing. I will be buying 3/21 $40 and $45 calls on dips.

FJ43 said:

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McInnis 03 said:

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Aggie_2463 said:

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What's the outlook on the market as a whole? We've been rocketing up all week, expecting a pull back tomorrow or next week?

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In all seriousness, I am not sure anyone knows what's coming with the uncertainty in front of us with regards to the election still. We know that the House is one party, the Senate is another, so it may not matter who wins the Exec branch outside of some niche markets. The cash seems to be getting injected these last few days though.

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I've been accumulating some of the SPXS 1/20 6c below .50 from an OA twitter alert. They are at about .40 now. I also expect there to be volatility so he has been buying below .50, selling at or above $1.00 and going net free to let those ride for any fireworks.

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Personally, I feel like the VIX pop to 40 was the fireworks. Could there be a consolation pullback in here? Hellz yeah.

What's the best alt energy play LIN or PLUG? LIN looks profitable, while PLUG is more of a bet on the come. Thoughts?

Bob Knights Liver said:

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FJ43 said:

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McInnis 03 said:

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Aggie_2463 said:

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What's the outlook on the market as a whole? We've been rocketing up all week, expecting a pull back tomorrow or next week?

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In all seriousness, I am not sure anyone knows what's coming with the uncertainty in front of us with regards to the election still. We know that the House is one party, the Senate is another, so it may not matter who wins the Exec branch outside of some niche markets. The cash seems to be getting injected these last few days though.

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I've been accumulating some of the SPXS 1/20 6c below .50 from an OA twitter alert. They are at about .40 now. I also expect there to be volatility so he has been buying below .50, selling at or above $1.00 and going net free to let those ride for any fireworks.

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I'm with you on this one. I'm okay with these going to zero if that means the rest of my holdings keep booming. I don't feel comfortable getting most of my money in the market unless I'm hedged at least through this next month.

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This is where I'm at. With the continued news this morning of election fraud issues, lawsuits and who knows what else twitter will allow out or not ,I am more actively trading options vs shares and banking profits along the way. Hedged a little for cheap on my swings and longs. Will treat the SPXS the same as anything else. Trade to go net free on the contracts and keep a little just in case.

BREwmaster said:

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FJ43 said:

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OSTK moving

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Good! Started selling weekly cc's on it, will get my cost basis down penny by penny if I have to.

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What's your target on the CCs? OSTK can move big in no time and I don't want to set the ceiling too low.

I am still holding these SPY puts for 11/18. should I sell and get what money I can now?

jeromePOWell said:

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Rice and Fries said:

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I bought AAPL $200 Call Strikes for Jan 2023 at $6.30 per.

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I like it, have the 140 3/19s for AAPL, these longer term tech calls from my experience are free money

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I've got some 1/2022 $120 and $130 calls, the $130 is actually down right now but I'm still going to diamond hand these for a while.

Shundere said:

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OA, is there a target for WDC? Or just regular strategy of trying to go net free?

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Go net free and then when you see it pushing $42 you exit the rest

TriumphForks said:

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BREwmaster said:

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FJ43 said:

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OSTK moving

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Good! Started selling weekly cc's on it, will get my cost basis down penny by penny if I have to.

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What's your target on the CCs? OSTK can move big in no time and I don't want to set the ceiling too low.

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Too low is where I set mine this week, lol! If I get called out I'll just wait for a dip and buy the dip, rinse and repeat. You never know when it's going to pop though. I might also buy it back here shortly and raise the CC strike.

71 and 74 are the next levels up from 67. You could always do 74's out a week or the monthly Nov 20 maybe closer to 80.

I think an OA strategy is to sell CC on half, so have 200 shares in this case. Half you hold, half you risk getting called out. But on a volatile stock like this, risk is off a bit in my opinion.

RSP715 said:

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What's the best alt energy play LIN or PLUG? LIN looks profitable, while PLUG is more of a bet on the come. Thoughts?

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Linde safe value play, big industrial and just absorbed major competition in Praxair. Plug is growth through their H2 fuel cell tech - big application in warehouse material handling (booming). Lots of upside if popularity in H2 trucks picks up (hylion, nikola, more coming).

gigemJTH12 said:

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I am still holding these SPY puts for 11/18. should I sell and get what money I can now?

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I'm in them as well as a hedge. Yes, but you might consider rolling the residual into $340's. Lesser numbers of Puts obviously but once shorts getting wrecked exhaust the covering rally we should pull back.

Caution however to make sure its a hedge and not a trade. Markets are close to resistance levels and if they breakout and rally your long positions should be outpacing any put option by a large factor. Example, my smallest account is up $34k this week and I had $2000 in Put hedge that is now worth $900. Do I care about the $1100 loss on the Put? Hardly.

This is strategic trading.

Curious. which one you like more at today's prices? Seems LIN is fully priced and PLUG is seeing some FOMO.

TLRY up 25%...moving on Biden assumed win or what?

thanks OA

gougler08 said:

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TLRY up 25%...moving on Biden assumed win or what?

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Weed legalization jumped this cycle I think

ONTX quietly moving back into the mid .26s from the .24-25 accumulation level.

FJ43 said:

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ONTX quietly moving back into the mid .26s from the .24-25 accumulation level.

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And volume spikes on your que.