DID SOMEBODY SAY TRADITION?!Rice and Fries said:As is tradition....FJ43 said:My hope on RKT is we don't have the 2020 curse of beating earnings, raising guidance then crash the next day.SpeedyAg90 said:
Hoping Rocket is on a Rocket !!!
Stock Markets
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Last: 4 hrs ago by $30,000 Millionaire
Not Premium but the game vs. TN has been postponed.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Excellent info, thanks! I think my biggest problem right now is account size, I'd really like to stick to my rule of no more than 5% in play on any one trade which would necessitate a $10k options account. I don't have that much I've put up solely for options as I'm playing long term holds as well, so I need to focus on building my account. Right now with the size's I'm putting up, I'm not opening enough contracts to leg out like I want to.
***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
https://ir.rocketcompanies.com/news-and-events/press-releases/press-release-details/2020/Rocket-Companies-Announces-Third-Quarter-Results/default.aspx
Quote:
Announces $1 billion share repurchase authorization
Hope that gets people buying
Looks like RKT may stay steady......
***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
You can do it with smaller amounts as well just have to pick and choose which ones work for you. Maybe its buying 3 contracts and working to leg out the first 2.jwhitlock3 said:
Excellent info, thanks! I think my biggest problem right now is account size, I'd really like to stick to my rule of no more than 5% in play on any one trade which would necessitate a $10k options account. I don't have that much I've put up solely for options as I'm playing long term holds as well, so I need to focus on building my account. Right now with the size's I'm putting up, I'm not opening enough contracts to leg out like I want to.
As an example you could have bought RKT 12/18 $25 calls for <$1 and probably executed this approach with $500 in a cash account. Another would have been the SPXS 1/15 $6c yesterday that hit .22/.23 and today were running .32/.34.
The hard part for me is I want to play more of them than I can or have time to keep up with.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
McInnis 03 said:
Looks like RKT may stay steady......
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
DDOG takes it on the chin. down we go.
***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
RKT announced 1B dollar buyback
FUBO wow
Let it ride
I'm starting to learn this is what OA means when he says to target going net free and let the rest ride. Get your capital back and look for the next one. You just never know when one will take off and be in the bank.ClutchCityAg said:
FUBO wow
That little ONTX is one that could be a HUGE payday while you make money along the way. There is no telling how many shares of that he has now. MBIO is another IMO.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Depends....If AOC is gonna be speaker I will sell all my stock and start a horse farm. Horses will be in demand in a few years.ClutchCityAg said:
How is market gonna react if this happens... S&P ATHs incoming??
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
I sure hope this wild AH action smooths out before the open and we gap up. $2 swings so far.McInnis 03 said:
Looks like RKT may stay steady......
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Mostly Foggy Recollection
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7,774
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FJ43 said:Depends....If AOC is gonna be speaker I will sell all my stock and start a horse farm. Horses will be in demand in a few years.ClutchCityAg said:
How is market gonna react if this happens... S&P ATHs incoming??
Not a chance in hell they go left of Nancy for the new speaker. 2022 is already going to be brutal for House Ds, if they elect a nutball for speaker, it will be a 30 seat ass whipping.
I didn't understand how DDOG dropped so hard on a beat/beat with in-line guidance so I bought at 82.xx and 84.00. We'll see how that plays out.
***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
Conference call must be exciting because it's back in the 86's now.
***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
looks like I made right call in RKT - 40% profit on premium, converted to a bunch of shares, survived inevitable vol crush, and if we gap up like crazy, I have more shares.
I think Kmac is trying to stir the pot. Nancy will get her votes.ClutchCityAg said:
How is market gonna react if this happens... S&P ATHs incoming??
***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 am holding 12/18 $25 calls...hopefully we gap up in the next couple of weeks.$30,000 Millionaire said:
looks like I made right call in RKT - 40% profit on premium, converted to a bunch of shares, survived inevitable vol crush, and if we gap up like crazy, I have more shares.
Almost looks like buyers are hunting stops with the flashes on the candles or shaking people out.$30,000 Millionaire said:
looks like I made right call in RKT - 40% profit on premium, converted to a bunch of shares, survived inevitable vol crush, and if we gap up like crazy, I have more shares.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
ClutchCityAg
Joined:
Dec 6, 2014
Posts:
2,002
How long do you want to ignore this user?
Thing you gotta remember about RKT -- its got a pretty good short %, think its around 20-30%. Gotta wonder if anyone will start covering after this report and buyback announcement. Maybe not a pop immediately after earnings, but could be a good move higher in next couple weeks. I think ~$25 is right.
Not too concerned about how it is trading -- I said a few days ago its going to 22 then going to consolidate a bit before moving higher, and that is how it has played out this week although a bit more volatile with election news and broader market retracing.
I don't get the buyback tho.....immediate buyback after an IPO? A dividend on this thing would be really sweet and I thought a better direction if they are comfortable with profits every quarter going forward....
Not too concerned about how it is trading -- I said a few days ago its going to 22 then going to consolidate a bit before moving higher, and that is how it has played out this week although a bit more volatile with election news and broader market retracing.
I don't get the buyback tho.....immediate buyback after an IPO? A dividend on this thing would be really sweet and I thought a better direction if they are comfortable with profits every quarter going forward....
to your point, this may be a safer shares play vs. an options play in my opinion.Ranger222 said:
Thing you gotta remember about RKT -- its got a pretty good short %, think its around 20-30%. Gotta wonder if anyone will start covering after this report and buyback announcement. Maybe not a pop immediately after earnings, but could be a good move higher in next couple weeks. I think ~$25 is right.
Not too concerned about how it is trading -- I said a few days ago its going to 22 then going to consolidate a bit before moving higher, and that is how it has played out this week although a bit more volatile with election news and broader market retracing.
I don't get the buyback tho.....immediate buyback after an IPO? A dividend on this thing would be really sweet and I thought a better direction if they are comfortable with profits every quarter going forward....
Ranger222 said:
Thing you gotta remember about RKT -- its got a pretty good short %, think its around 20-30%. Gotta wonder if anyone will start covering after this report and buyback announcement. Maybe not a pop immediately after earnings, but could be a good move higher in next couple weeks. I think ~$25 is right.
Not too concerned about how it is trading -- I said a few days ago its going to 22 then going to consolidate a bit before moving higher, and that is how it has played out this week although a bit more volatile with election news and broader market retracing.
I don't get the buyback tho.....immediate buyback after an IPO? A dividend on this thing would be really sweet and I thought a better direction if they are comfortable with profits every quarter going forward....
I personally think that this is a good strategy to reduce the float from over 100 mil shares to half that. This will end up burning shorts in the ass given the high short interest and ratio as we will have more buyers come in with higher volatility given the float is cut in half. Really think it plays out well for long term holders.
Still waiting on a legit ONVIF POE doorbell camera.
Current options are terrible for answering the door.
Current options are terrible for answering the door.
.
I have never tried it since they are rental properties (VRBO types) for us, but we have Nest thermostats, camera's, etc. and have liked their performance for us to adjust, monitor, etc. via their app. They make a doorbell camera so may be an option.Esteban du Plantier said:
Still waiting on a legit ONVIF POE doorbell camera.
Current options are terrible for answering the door.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Green again boys
gougler08 said:
Green again boys
GE - If you picked up any of the 1/15 10c yesterday might keep on an eye on those at the open. May get a little gap up at the open and leg out the first part if that is your strategy.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
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