RSP715 said:
Curious. which one you like more at today's prices? Seems LIN is fully priced and PLUG is seeing some FOMO.
Good call on HEAR. Up 25% on the 11/20c since entry a few hours ago. You holding through earnings or getting out before?Ranger222 said:
Yep I am in those RKT Dec calls too, but I also have some Nov 21 C I'm waiting to take profits in.
Someone also mentioned HEAR...I have HEAR calls ahead of earnings 11/20 22 C. Its a *****.
I've been buying/adding shares over the past month at around $5 as a hedge. Bought more today to reach my target position based on % of overall portfolio as a hedge. Will hold at least until election plays out over the next several weeks (or months). It's under $5 today and set a new 52 wk low this morning so good opportunity to pick some up with all the craziness that could occur over the next several weeks. I'm not much of an options guy, but obviously OA and others have laid out some good options strategies also.Bob Knights Liver said:FJ43 said: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.McInnis 03 said: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.Aggie_2463 said:
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?
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.
I used to not be an options guy as well and just traded shares. I expect volatility until the noise settles a bunch.Swollen Thumb said:I've been buying/adding shares over the past month at around $5 as a hedge. Bought more today to reach my target position based on % of overall portfolio as a hedge. Will hold at least until election plays out over the next several weeks (or months). It's under $5 today and set a new 52 wk low this morning so good opportunity to pick some up with all the craziness that could occur over the next several weeks. I'm not much of an options guy, but obviously OA and others have laid out some good options strategies also.Bob Knights Liver said:FJ43 said: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.McInnis 03 said: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.Aggie_2463 said:
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?
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.
Aston04 said:
Time for qd to turn around with Trump out. Put in a limit order if it dips a bit today from a little run.
It's almost at target with big gains....yesaustinAG90 said:
DKNG Calls - time to book profit ?
Everyone is predicting that to happen. Wouldn't it be funny if the opposite happened?shiphunt said:
Markets look to be rallying in tandem with Biden odds for GA. IMO a non-contested election is what will be sending this thing much higher; not necessarily who is poised to win
CreakinDeacon said:
Been out of pocket lately and haven't checked this board in a bit, but I'd suggest getting some hedges here. things are looking extended and weakening up here. Take some profits. I think a rug pull is imminent.
If I'm wrong, I'm wrong. But at least I'm protected and have profits.
FJ43 said:I used to not be an options guy as well and just traded shares. I expect volatility until the noise settles a bunch.Swollen Thumb said:I've been buying/adding shares over the past month at around $5 as a hedge. Bought more today to reach my target position based on % of overall portfolio as a hedge. Will hold at least until election plays out over the next several weeks (or months). It's under $5 today and set a new 52 wk low this morning so good opportunity to pick some up with all the craziness that could occur over the next several weeks. I'm not much of an options guy, but obviously OA and others have laid out some good options strategies also.Bob Knights Liver said:FJ43 said: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.McInnis 03 said: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.Aggie_2463 said:
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?
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.
Now I have to introduce myself as...Hi I'm FJ43 and I have an Options addiction.
Good to see you back man. You and your family remain in my prayers.$30,000 Millionaire said:
The ES daily is screaming buy and the ES 4 hour is screaming sell.
I guess I should start asking more questions. I didn't know that's all it takes.wanderer said:
JPM seems to be stuck in the mud after its gap up on Tuesday and subsequent gap down yesterday, even with markets up big.
Is it simply because financials are lagging compared to the tech pop? What's the catalyst to get this thing moving?
oldarmy1 said:It's almost at target with big gains....yesaustinAG90 said:
DKNG Calls - time to book profit ?
My strategy is to take the easiest money levels to achieve from entry. You can always hold a % to go for the gold. but $.091 to $3.70 isn't a silver medal trade.Bob Knights Liver said:oldarmy1 said:It's almost at target with big gains....yesaustinAG90 said:
DKNG Calls - time to book profit ?
How did you pick the $3.70 sell target? I assumed it was tied to expecting run up to potential resistance at 21ema? If it breaks and holds though couldn't we think it likely to run up to the next resistance around $47? I want to make sure I'm not doing something incorrect here and spoil a good trade by not selling at profit, but I don't mind leaving a little on if there's reasonably more upside.
Orlando Ayala Cant Read said:FJ43 said:I used to not be an options guy as well and just traded shares. I expect volatility until the noise settles a bunch.Swollen Thumb said:I've been buying/adding shares over the past month at around $5 as a hedge. Bought more today to reach my target position based on % of overall portfolio as a hedge. Will hold at least until election plays out over the next several weeks (or months). It's under $5 today and set a new 52 wk low this morning so good opportunity to pick some up with all the craziness that could occur over the next several weeks. I'm not much of an options guy, but obviously OA and others have laid out some good options strategies also.Bob Knights Liver said:FJ43 said: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.McInnis 03 said: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.Aggie_2463 said:
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?
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.
Now I have to introduce myself as...Hi I'm FJ43 and I have an Options addiction.
Also just started doing options. Definitely the way to go imho if you want real returns. At least if you have good intel , research, and tips backing you. IMHO a simple portfolio with only buying and selling stocks might get you 2-3% a month at best (unless you get really luck or are really good), but if you mix in options and are decent at em, you can probably make 5-7%ish a month.
Did I buy incredibly high or is that a typo? I really hope that was a typo....oldarmy1 said:
You can always hold a % to go for the gold. but $.091 to $3.70 isn't a silver medal trade.
ehrmantraut said:
JPM rejected 105+
