Fireman said:
Is anybody doing anything with their Jan/Feb SPXS calls, or still holding them as a potential hedge?
There was a rumor a longtime ago that he almost attended A&M.BREwmaster said:
Anyone in AMCI? Zack Morris play, yeah the Saved by Bell fintwit impersonator. He's been nails at spotting runners for swing plays. No options in AMCI unfortunately.
Great convo on twitter regarding how to manage hedges:Fireman said:
Is anybody doing anything with their Jan/Feb SPXS calls, or still holding them as a potential hedge?
Prognightmare said:There was a rumor a longtime ago that he almost attended A&M.BREwmaster said:
Anyone in AMCI? Zack Morris play, yeah the Saved by Bell fintwit impersonator. He's been nails at spotting runners for swing plays. No options in AMCI unfortunately.
oldarmy1 said:
Dan spotted one but if you check any hotel stock they are running
I'm in the same trade but for 12/1859 South said:
Boring trade I'm considering on CWH (this one is right up your alley 30K):
- Sell $30 puts 12/11here for $1.00 - 1.25
- If you get called out on 12/11, hold shares for a couple of days for the $1 dividend w/ ex-div date 12/14
- You either pocket the $1.00 - 1.25 per share (about 3.5-4% for about a week trade or you get a net entry <$28)
Talk me out of it or into it 30K! I've got 30K+ sitting around in cash so I'd sell 10 puts for a cool $1100+....
Still moving down! Is everyone on the 12/4? I assumed that was OAs original recommendation.BREwmaster said:as did I... I ended up averaging down around the bottom. OA thinks it's game on once it capitulates here...and looky there, there it goes! 224 now.BearkatRunner88 said:
Def missed getting out of CRM at the open. Ugh
I'm thinking of just buying some puts a day or two before the dividend date. I'm thinking there will be a dip in the price in general once shareholders will get the dividend. Do y'all think this is a poor strategy?$30,000 Millionaire said:I'm in the same trade but for 12/1859 South said:
Boring trade I'm considering on CWH (this one is right up your alley 30K):
- Sell $30 puts 12/11here for $1.00 - 1.25
- If you get called out on 12/11, hold shares for a couple of days for the $1 dividend w/ ex-div date 12/14
- You either pocket the $1.00 - 1.25 per share (about 3.5-4% for about a week trade or you get a net entry <$28)
Talk me out of it or into it 30K! I've got 30K+ sitting around in cash so I'd sell 10 puts for a cool $1100+....
Risk is market pull down.
I think the spot was to sell at open...I'd either cut losses now or hope for a jump up overnight to sell tomorrow AMBearkatRunner88 said:Still moving down! Is everyone on the 12/4? I assumed that was OAs original recommendation.BREwmaster said:as did I... I ended up averaging down around the bottom. OA thinks it's game on once it capitulates here...and looky there, there it goes! 224 now.BearkatRunner88 said:
Def missed getting out of CRM at the open. Ugh
And nope... 92 looks like it'll probably be a double bottom.59 South said:
AMD hanging around just above 92. If lost, could easily flush down on 90. That would be a gift for anyone wanting to enter. 95-100 calls out 3-5 weeks.
Learning here. What is a low float?MaroonDynasty said:
SNAP acting like a low float, check your options!
Low number of shares available, means highly volatile price movements because any large volume buy or sell can send the price in a big way.Josepi said:Learning here. What is a low float?MaroonDynasty said:
SNAP acting like a low float, check your options!
In sold another 25% today and that leaves me with 25%. Eventually its going to fill that $53 area gap but time value will start eating into, so if I can get another $1 I am outTouchless said:
Are you still in the WDC Jan $45 calls? Still thinking it can run to $6-$7 or is this $5 range a good exit point?
You should be net free with these calls and we still have a lot of time left. I say let it ride baby!Touchless said:
Are you still in the WDC Jan $45 calls? Still thinking it can run to $6-$7 or is this $5 range a good exit point?
Thanks. I went net free on them a couple of weeks ago and was thinking of selling another 25% like you just said, but wasn't sure on the confidence in them still going up from here. It's had a pretty good run the last 2 weeksoldarmy1 said:In sold another 25% today and that leaves me with 25%. Eventually its going to fill that $53 area gap but time value will start eating into, so if I can get another $1 I am outTouchless said:
Are you still in the WDC Jan $45 calls? Still thinking it can run to $6-$7 or is this $5 range a good exit point?
I think it goes here in the next few days.gigemJTH12 said:
I wish Lowes would take off. I took a pretty big position on it when Ranger played it.
