I want to do a TLH on GOCO too, but I'm scared that it would pop while I'm waiting for the 30 day wash rule. Anybody has any advice?

Anyone know much about $EVER? Saw some flow yesterday for January 55C. Currently around $40. Curious if someone out there knows something..

GRWG is up AH. Will sell my options in the AM.

TubTub said:

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I want to do a TLH on GOCO too, but I'm scared that it would pop while I'm waiting for the 30 day wash rule. Anybody has any advice?

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If you are going to fall into the wash sale rule then your loss will be added back into your new share cost if you rebuy within the period. If you are wanting to rebuy then sell on any pop I am not sure that is a wise move unless you have a high degree of confidence the pop will surpass you new basis cost. Profit is profit but risky depending on how much your loss is to be added back.

You may want to harvest the tax loss and look at options further out if you like the stock mid to long. You can always exercise the shares later or sell the options for a profit should it pop. Or...just hold your shares mid to long if you don't need the loss.

Just my 2 cents.

The GOCO results are perfect for me. I'll buy back the $15C tomorrow post vol crush and then resell a further out call

$30,000 Millionaire said:

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The GOCO results are perfect for me. I'll buy back the $15C tomorrow post vol crush and then resell a further out call

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I'll be buying calls tomorrow especially if there is any further sell off. Not sure which strikes or dates but that became my plan as I watched it AH.

Probably ATM or 1 to 2 out for 3/21 after the B/A resets.

jwhitlock3 said:

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Yikes. Missing by 6400% seems mildly bad

Rustys-Beef-o-Reeno said:

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Love that movie! my wife and I quote it all the time!

Maedan86 said:

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McInnis 03 said:

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Hey bro, let me know when you're not taking action in the future. Thanks!

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LOL. I think you just identified the only way I could meaningfully contribute to this board!.

Love the camaraderie around here....and really appreciate all of the advanced, experienced types sharing scoop, ideas and taking the time to teach and explain things for the lesser skilled (like me).

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At least you're just lesser skilled. There are lots of us on here that are unskilled as well.

I knew I should have bought VIX futures. Rats.

jtmoney03 said:

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Remember, GOCO was expected to be a 4th quarter play if I remember correctly. That is commonly the heaviest time for open enrollment which I think is something they specialize in.

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Won't 4th quarter enrollment reflect on Q1 21 results?

ONTX - Just in case you are wanting to listen in.

Onconova Therapeutics To Provide Corporate Update And Third Quarter 2020 Financial Results On November 12, 2020 - 4:30EST
(855) 428-5741 (U.S.) and (210) 229-8823 (International) and using conference ID 8687160.

$30,000 Millionaire said:

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I knew I should have bought VIX futures. Rats.

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Vix is holding, is a future contract moving?

Article claiming they will borrow more money and pay everyone's salary.... I highly doubt that is correct.

MBIO up to $3.05

Sssssh. No one wake OA1. Let him sleep a bit more before finding out about his covered calls

Carlo4 said:

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Article claiming they will borrow more money and pay everyone's salary.... I highly doubt that is correct.

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So the essential employees continue to work but others don't work and get their salary? That sounds like a terrible idea.


Also looks like we open red.

Yes sir. Now I'm not saying their ER was good for Q3, it was pretty dismal. I'm actually not in this stock, just a watcher. But I think since the beginning, it was one of OA's dark horses with a chance to accumulate shares before they really have a good quarter and take off.

whats the target again?

Per OA1:

Quote:

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Jet Black said:
Is there a PT on MBIO?

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Your goal should be to get to net free and then don't look at it until you hear talk about double digits.

Nagler said:

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Per OA1:

Quote:

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Jet Black said:
Is there a PT on MBIO?

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Your goal should be to get to net free and then don't look at it until you hear talk about double digits.

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For this new investor, what does net free mean?

BobFriend13 said:

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Nagler said:

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Per OA1:

Quote:

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Jet Black said:
Is there a PT on MBIO?

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Your goal should be to get to net free and then don't look at it until you hear talk about double digits.

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For this new investor, what does net free mean?

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Say you buy 100 shares at $10/share. If the price doubles to $20, you would sell 50 shares to recover your initial investment thus being "net free".

Selling a portion of your position so that the shares you have left are paid for.

If you bought 100 shares at $1 ($100 total) and the price rises to $2 you can then sell half of your position (50 shares x $2= $100) and your remaining 50 shares are paid for or net free.

You've made your money back and still have shares left.

Charlie Kelley said:

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BobFriend13 said:

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Nagler said:

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Per OA1:

Quote:

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Jet Black said:
Is there a PT on MBIO?

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Your goal should be to get to net free and then don't look at it until you hear talk about double digits.

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For this new investor, what does net free mean?

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Say you buy 100 shares at $10/share. If the price doubles to $20, you would sell 50 shares to recover your initial investment thus being "net free".

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Thank you for the explanation.