Good grief who decided to flush the macros???
could be the top.McInnis 03 said:
$SPY
TIMBERrrrr
It is easy to see which stocks have strength behind them when that happens.McInnis 03 said:
$SPY
TIMBERrrrr
I will buy at 3:14 for tomorrow.McInnis 03 said:
Loaded up on SPY 366C's for Friday on that drop.
$SPYMcInnis 03 said:
Loaded up on SPY 366C's for Friday on that drop.
McInnis 03 said:$SPYMcInnis 03 said:
Loaded up on SPY 366C's for Friday on that drop.
And already dumped them on that next big red candle. Watching the 1mins right now.
One of the McInnis twins scalping everyone's stuffCPDAggie10 said:
Man what did you guys do? I'm on the phone for a work call for 20 minutes and it all goes to hell.
Did this with 1/15 $7.5 for 2.55, gives me shares at 4.95wanderer said:
The way I've approach WWR is to sell Feb 7.5P for $3.25. Either pocket the premium or get assigned @ $4.25
How many of you will admit you searched for ticker symbol BTFD following Ranger's post? I did, oh and I BTFn'D too.Ranger222 said:
BTFD
$30,000 Millionaire said:
oh my god, we're back to levels not seen since earlier this week.
$WWRjwhitlock3 said:Did this with 1/15 $7.5 for 2.55, gives me shares at 4.95wanderer said:
The way I've approach WWR is to sell Feb 7.5P for $3.25. Either pocket the premium or get assigned @ $4.25
Long ball! Only the strategist bank these because most live in the moment. Blue star for you.Mr President Elect said:$WWRjwhitlock3 said:Did this with 1/15 $7.5 for 2.55, gives me shares at 4.95wanderer said:
The way I've approach WWR is to sell Feb 7.5P for $3.25. Either pocket the premium or get assigned @ $4.25
I also sold some May $5P for $2.10. Not expecting it to get assigned, but a 40% ROI on something I wouldn't mind owning.
yes. $AMZN sells off on Fridays. I am going to add 3300/3400 for Jan.McInnis 03 said:
You still holding AMZN?
Is it really? Any reason? I don't get on twitter a lot but tried to search and didn't see anything.krosch11 said:
$Roku
is trending nationwide on twitter.
Try thinking of it any time a stock has a quick rise (or fall) .... the Model T can apply. When it drops and bottoms out (or tops on a quick rise) and confirms a reversal, there is a high probability you can trade that stock at least back to the 50% mark between the high and low points.CrazyRichAggie said:
I'm trying real hard to learn so when OA stops posting I can continue to trade successfully but I still really don't understand this and I know I wouldn't be able to spot it on my own.
It can apply to any time frame. If you are watching 1 Min you may have to be quick since within minutes it can reverse and be out of the opportunity. Example would be earlier on this thread where McInnis was in and out in minutes of an options play (scalped it or took a quick in and out trade for a profit). Try starting by looking at Daily or Hourly and apply the methodology.CrazyRichAggie said:
And this is always looking at the 1 minute candles?