So happy Stewie is back!
Let it ride
Stock Markets
25,040,395 Views |
233818 Replies |
Last: 36 min ago by Heineken-Ashi
OA, are you still in those NVDA puts?
I'll try....hopefully I don't butcher it too bad.BobFriend13 said:oldarmy1 said:Pretty soon you'll be able to buy the March $4 Puts using that $1.30 premium and have a no way to lose trade. I do it on big runners sometimes and this would be one. You wanna give me a net $9 exit with a guaranteed lock of $4 against $2.27 average entry out to March? Yeah! I'll take that.wanderer said:
This sounds CRAZY to say, but am I going to regret selling a bunch of March covered calls for MARA @ $9 for $1.30??
Stock is up to $4.50+ today
There are so many words in this I don't yet understand but I will.
If you own shares, you can sell covered shares against those calls. For example, March '21 $9 calls were/are being sold (for ~$1.30) against every 100 shares owned. OA is saying that as the stock continues to increase, you'll be able to buy March $4 puts for ~$1.30 (currently $1.75). Once you have this locked in, you're guaranteed not to loose a dollar.
If the stock is above $9 in March you'll lose your shares that you sold against, but it'll be at an effective price of $10.30 ($9 + $1.30 premium received). If the stock goes to $8.99 you still get to keep all your shares (and the premium sold). If it goes way down, you're protected by the $4p that you bought against the average entry price of your shares. The $2.27 price looks to be OA's avg entry (mine is higher).
Nailed it
***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
Stewie is nails AF
Orlando Ayala Cant Read
Joined:
May 17, 2004
Posts:
69,828
How long do you want to ignore this user?
AG
Man, I wish we had a thread just to post low point accumulation plays. Would have helped a lot of people on things like $MARA and $ALPP.
On MGNI I am thinking of cashing out one of my calls. My March 21, $10. I'd still have my March 21, $7 but perhaps I should hedge some by taking the profits from the $10 one right now. Its up 27%.
On MGNI I am thinking of cashing out one of my calls. My March 21, $10. I'd still have my March 21, $7 but perhaps I should hedge some by taking the profits from the $10 one right now. Its up 27%.
I <3 him
***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
NIO is absurd. I've always wanted to be in something that goes log scale parabolic.
I'd roll the $7 if it is still liquid.Orlando Ayala Cant Read said:
Man, I wish we had a thread just to post low point accumulation plays. Would have helped a lot of people on things like $MARA and $ALPP.
On MGNI I am thinking of cashing out one of my calls. My March 21, $10. I'd still have my March 21, $7 but perhaps I should hedge some by taking the profits from the $10 one right now. Its up 27%.
I'm pretty convinced one could low stress swing trade a few times a month to a healthy living by just following him and subscribing to Hidden Pivots. Maybe throw in a Cheddar Flow sub just to not get bored with it.
Limit Order placed this morning for June $18 protective puts. Riding a 92-bagger now on my shares.ClutchCityAg said:I am playing the weekly 26 calls, swinging overnightFJ43 said:
Anyone riding PLUG? Alerts went off on Cheddar Flow for Options
Wish FUBO had December $35C, would cover up another leg of my shares at that price. Not interested in covering another leg at $30.
When that's the case, isn't it most likely going to arrive back down where it started eventually?59 South said:
NIO is absurd. I've always wanted to be in something that goes log scale parabolic.
Which HP subscription do you use?59 South said:
I'm pretty convinced one could low stress swing trade a few times a month to a healthy living by just following him and subscribing to Hidden Pivots. Maybe throw in a Cheddar Flow sub just to not get bored with it.
Let it ride
NBAC jumped on volume
Do we think Amazon is setting up nice for a $4k run or no? I see it's been consolidating for 5 months and looks like $3k is a nice base but would love some thoughts.
I missed MSFT entry. Damn it.
oldarmy1 said:Pretty soon you'll be able to buy the March $4 Puts using that $1.30 premium and have a no way to lose trade. I do it on big runners sometimes and this would be one. You wanna give me a net $9 exit with a guaranteed lock of $4 against $2.27 average entry out to March? Yeah! I'll take that.wanderer said:
This sounds CRAZY to say, but am I going to regret selling a bunch of March covered calls for MARA @ $9 for $1.30??
Stock is up to $4.50+ today
Ok so I have the covered calls for 12/18 @ $4 for $86 and the 12/18 @ $5 for $66. If the price keeps rising, are y'all suggesting the $4 and $5 puts for the same strike date and about the same premium?
where she headed, close to 60? I guess if it clears 54 and holds.gougler08 said:ClutchCityAg said:
NIO 54!!!
What's the hash tag for sold way too early
fib levels: 54.50, then 59.
(Only doing this to $30K because I miss a ton of his moves, so I might as well smile that I got one on him)$30,000 Millionaire said:
I missed MSFT entry. Damn it.
***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
NIO premiums are SICK. I just rolled my CC's for this week's $54 into the DEC18 65's for a $1 credit.
***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
how do you do this?
Basically selling your calls and re- buying?
Basically selling your calls and re- buying?
What happened to PSNL, broke out of the wedge and now getting shorted to hell
Indeed; however, in ThinkorSwim I can choose "create a rolling order" on existing positions so it handles the purchase/sale as 1 transaction and works on the dollar difference instead of needing to have the capital on hand.0708aggie said:
how do you do this?
Basically selling your calls and re- buying?
So if you had a short covered call at $10 and you wanted to buy it back, you need $1000. But if you do a rolling order and the next one you want to sell is $9, you would only need to have $100 on hand, or vice versa, if you want to sell for credit as in the new one to sell is $12, you need NO capital and the transaction, once complete, credits you $2.
***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
OSTK having a day.
Serious question:
Is there a good method to "resetting" your hedges? If you're buying longer term options as hedges, ie: spy puts, is there a rule of thumb as to when you cut bait and start that timer over again? I haven't quite got the hang of hedging right yet.
Is there a good method to "resetting" your hedges? If you're buying longer term options as hedges, ie: spy puts, is there a rule of thumb as to when you cut bait and start that timer over again? I haven't quite got the hang of hedging right yet.
***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
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,985
How long do you want to ignore this user?
AG
NRD09 said:
Mvis pumped hard into the close, wonder if things are happening
Definitely seems like things are happening!
+1 on this. Wondering what to do with my SPXS hedges.McInnis 03 said:
Serious question:
Is there a good method to "resetting" your hedges? If you're buying longer term options as hedges, ie: spy puts, is there a rule of thumb as to when you cut bait and start that timer over again? I haven't quite got the hang of hedging right yet.
Let it ride
Model T Ranchkhaos288 said:
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.
NET with a nice dip and recovery
PEIX - Maybe keep an eye on this. Trying to break the purple line which is the Fib level retracement. See volume also. Month/Day & Day/Hour below.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
frankm01 said:Model T Ranchkhaos288 said:
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.
Wow. So it is written, so it shall be done.
Mostly Foggy Recollection
Joined:
Oct 5, 2020
Posts:
7,774
How long do you want to ignore this user?
Featured Stories
See All
7:22
3h ago
3.9k
35:15
1h ago
387
Pick 'Em & Rip 'Em sponsored by PrizePicks: Week 14
by Matthew Dawson
22:14
19h ago
2.6k
tylhair
If Elko said "if you give NIL $30M I'll get a championship roster" would you give?
in Billy Liucci's TexAgs Premium
83
Bunk Moreland
So texas is getting in the playoff no matter what right?
in Billy Liucci's TexAgs Premium
62
DadHammer
9 Sec Conference games would be suicide - SOS not considered at all by Committee
in Billy Liucci's TexAgs Premium
51