oldarmy1 said:

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Look at those weekly $55 NIO calls. 24k!

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gougler08 said:

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I can be taught (read the chart the same as OA for MOMO

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oldarmy1 said:

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God bless you and your family.

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khaos288 said:

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cptthunder said:

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Only kinda being a smart**s here but OA seems great and all but from some of the things hes posted about his dad he seems like the one it would be great to sit around a fire and hear some stories from haha

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Didn't you hear? OA is buying us a ranch near college station so we can have Bull Scouts of America campouts during the summer and football season.

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McInnis 03 said:

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msft 208

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oldarmy1 said:

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MArkets are very close to previous all-time highs on a second day of consolidation. I think as long as we hold above 3500 on the S&P this is healthy. The election is the most obvious headwind and by all accounts it will be next week for anything to be disclosed on substantiated wide-spread fraud. So markets can drift or slowly engage back upward against yesterday top.

Biggest thing to avoid is not to overtrade after having nothing but success. MSFT collapse hit the stop is my example. I didn't have a particularly large position but thousands loss is thousands lost. If you see MSFT close that $208.12 gap then know that I'll be buying calls out a month and $10 above. I think it will as if a bottom gets put in after these kind of drops you A) usually fill a gap that is within range and B) See an initial technical bounce even if it's short term versus a pure reversal. Think Model T and be taking profit into that mark if it happens.

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oldarmy1 said:

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cptthunder said:

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Only kinda being a smart**s here but OA seems great and all but from some of the things hes posted about his dad he seems like the one it would be great to sit around a fire and hear some stories from haha

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100%

He's lead a most fascinating life and the experiences and stories across politics, religion, culture, family and business would be well worth a ticket to hear.

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wanderer said:

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Along the lines of the tax discussion a few pages back, I'm considering selling my GOCO (have a cost basis of ~$16). I can't say I've given up on the stock, I'd be doing it for tax purposes to harvest the loss. I could then buy back at the end of December just in time for the Q4 earnings run up. Sounds like a perfect plan right??

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wanderer said:

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Along the lines of the tax discussion a few pages back, I'm considering selling my GOCO (have a cost basis of ~$16). I can't say I've given up on the stock, I'd be doing it for tax purposes to harvest the loss. I could then buy back at the end of December just in time for the Q4 earnings run up. Sounds like a perfect plan right??

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oldarmy1 said:

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CPDAggie10 said:

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oldarmy1 said:

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MOMO bounced right off of that trend support line.

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Maybe I missed it OA, are you in calls on MOMO?

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Yeah, we got a nice move to go net free but they then came back to original entry so bought again using the trend line as the guide.

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wanderer said:

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Along the lines of the tax discussion a few pages back, I'm considering selling my GOCO (have a cost basis of ~$16). I can't say I've given up on the stock, I'd be doing it for tax purposes to harvest the loss. I could then buy back at the end of December just in time for the Q4 earnings run up. Sounds like a perfect plan right??

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FJ43 said:

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wanderer said:

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Along the lines of the tax discussion a few pages back, I'm considering selling my GOCO (have a cost basis of ~$16). I can't say I've given up on the stock, I'd be doing it for tax purposes to harvest the loss. I could then buy back at the end of December just in time for the Q4 earnings run up. Sounds like a perfect plan right??

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As long as you stay outside of the wash sale rule.

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$30,000 Millionaire said:

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trailing stop hit on PYPL for a nice 20% on one scale, re-entered at original cost basis. let's see if it's a gift.

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