I'm in it for a chase
Stock Markets
24,636,239 Views |
233285 Replies |
Last: 28 min ago by Heineken-Ashi
Also, CWH building up energy.
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,971
How long do you want to ignore this user?
AG
Mostly Foggy Recollection said:ClutchCityAg said:What size position do you usually do for these high risk plays? For example, If you have a 50K account, how much are you putting on a play like this vs. a play like GILD?oldarmy1 said:
Another lotto is $NET Dec 24th $0.25 calls. Markets engage for a rally that sucker rips upward. All of these are super high risk so not for anyone building capital stage.
My rule of thumb is never put more than 5% of your account value on one sided options plays.
I will put more into multi leg options strategies.
5% per play or collectively? I'm at more like 1% or less per play... like the NET play oa mentioned a minute ago, i was thinking of grabbing 4 of them, dropping $100 in an account i have about 20k in. That said, I had over 1k exposed on msft spreads in that account that vanished into thin air last Friday, and that hurt, so i think my personal comfort level maxes out somewhere south of 5% per play, and that's only for spreads with plenty of time left
Mostly Foggy Recollection
Joined:
Oct 5, 2020
Posts:
7,765
How long do you want to ignore this user?
NRD09 said:Mostly Foggy Recollection said:ClutchCityAg said:What size position do you usually do for these high risk plays? For example, If you have a 50K account, how much are you putting on a play like this vs. a play like GILD?oldarmy1 said:
Another lotto is $NET Dec 24th $0.25 calls. Markets engage for a rally that sucker rips upward. All of these are super high risk so not for anyone building capital stage.
My rule of thumb is never put more than 5% of your account value on one sided options plays.
I will put more into multi leg options strategies.
5% per play or collectively? I'm at more like 1% or less per play... like the NET play oa mentioned a minute ago, i was thinking of grabbing 4 of them, dropping $100 in an account i have about 20k in. That said, I had over 1k exposed on msft spreads in that account that vanished into thin air last Friday, and that hurt, so i think my personal comfort level maxes out somewhere south of 5% per play, and that's only for spreads with plenty of time left
Collectively on all open plays.
I do 2-4% for high probability trades and 1% or less for low probability trades - like earnings.
I play with Monopoly money. However, a few more years like this one and it becomes real.
$XLjeromePOWell said:
I'm in it for a chase
I'm in at $28 and change. I did nearly the same thing with FUBO two weeks ago, here's to hoping for similar results.
I'm holding a decent amount of shares of SOLO (up a small bit). Should i get out now or keep going w it?
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,971
How long do you want to ignore this user?
AG
Well these dudes are both in the money with a couple weeks to go. Wish I'd bought moreNRD09 said:
my new idea is UTZ
great products, huge regional following, grabbed some January 20/22.5 spreads for 50c each. Anybody have thoughts on this one?
MBIO at $4, mannnnnnnnnnnn we can break that box if we close over $4 today.
Can't be mad at that for an easy 10+% quickly, in at 29.14 myself.
Only thing that makes me mad is someone mentioned it to me at like 8am this morning!
Only thing that makes me mad is someone mentioned it to me at like 8am this morning!
I am using TQQQ Puts right now. A bit more leverage.FJ43 said:
Asked this earlier but not sure I have seen any responses. Does anyone trade $SQQQ options as a hedge?
McInnis 03 said:$XLjeromePOWell said:
I'm in it for a chase
I'm in at $28 and change. I did nearly the same thing with FUBO two weeks ago, here's to hoping for similar results.
Not feelin a chase right now but sold a stack of 1/15 $25 puts. I'll take the shares there if we get a retrace!
You would think with recent PTs of $9 & $13 it has to break at some point for the big boys to maintain their posture on that. Not to mention they have a few $$$ in it themselves.McInnis 03 said:
MBIO at $4, mannnnnnnnnnnn we can break that box if we close over $4 today.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Inverted "h" forming here, come on!FJ43 said:You would think with recent PTs of $9 & $13 it has to break at some point for the big boys to maintain their posture on that. Not to mention they have a few $$$ in it themselves.McInnis 03 said:
MBIO at $4, mannnnnnnnnnnn we can break that box if we close over $4 today.
I have this. Holding. Sell covered call to offset.cmk10 said:
I'm holding a decent amount of shares of SOLO (up a small bit). Should i get out now or keep going w it?
$500ClutchCityAg said:What size position do you usually do for these high risk plays? For example, If you have a 50K account, how much are you putting on a play like this vs. a play like GILD?oldarmy1 said:
Another lotto is $NET Dec 24th $0.25 calls. Markets engage for a rally that sucker rips upward. All of these are super high risk so not for anyone building capital stage.
I decided to take $4 in profit on the AMZN iron fly if anyone followed me on that
Touched $34!jeromePOWell said:
Can't be mad at that for an easy 10+% quickly, in at 29.14 myself.
Only thing that makes me mad is someone mentioned it to me at like 8am this morning!
CHEK is another penny stock with tons of volume on it today
At what number are you all looking for MARA to fall to buy additional shares?
$GOCO with a double bottom off $10 and some nice consolidation here around $14. Q4 earnings on the way. I like this alot!
TSCRF- Score media and gaming.... another one of my favorites with online gambling is skyrocketing.. They have a lot of users in Canada and expanding in the U.S. too. Complete legalization of single game gambling is very likely to pass soon in Canada.. Valuation is really cheap compared to the big US-based players.
I'm currently playing this is and GMGI in this space. I think the bigger upside is here though (GMGI little safer win- but already had it's huge run this year)...
I'm currently playing this is and GMGI in this space. I think the bigger upside is here though (GMGI little safer win- but already had it's huge run this year)...
MBIO fighting to hit a new HOD here, bust that squeeze!
Come on $GILD hold this $57.50 and then you can run to the bank for us.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Kind of hilarious- Alpine 4's (ALPP) website doesn't even mention yet the drone company they purchased... You know the part of the company responsible for the move from 4-6 cents to 2.40.. Just has gone crazy fast.
NHOD.McInnis 03 said:
MBIO fighting to hit a new HOD here, bust that squeeze!
McInnis 03 said:NHOD.McInnis 03 said:
MBIO fighting to hit a new HOD here, bust that squeeze!
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
They had a great gambling show on Sirius XM back about 12 years ago. One side got fired for coming in drunk and going off on some weird play that cost him Money.
FJ43 said:McInnis 03 said:NHOD.McInnis 03 said:
MBIO fighting to hit a new HOD here, bust that squeeze!
Featured Stories
See All
FINAL from Reed Arena: No. 23 Texas A&M 97, Lamar 71
by Luke Evangelist
Texas A&M works to fill void left by Moss' season-ending injury
by Olin Buchanan
15:43
5h ago
999
55:45
9h ago
3.2k
10:22
5h ago
560
sultanofshreveport
Longshot - Moronic request for tickets Aggies vs tsips
in Billy Liucci's TexAgs Premium
152