McInnis 03 said:
Cathie bought the **** out of TSM
Lester Freamon said:
The one caveat to that (and this is what I am trying to get better at): know where your resistance points are to make sure you are not catching a falling knife if you get assigned and make sure you are comfortable owning the underlying.
I.e. if you are selling 12.5P and you know there is major resistance at 13, maybe not a good move as stock probably has room to run to the downside if it breaks 13.
oldarmy1 said:McInnis 03 said:
Cathie bought the **** out of TSM
We just scored on those TSM options. Crazy how that makes 4 stocks we've crossed over in last few weeks.
See ya there! HahaLester Freamon said:
Great question. This is why I signed up for the OA1 seminar
irish pete ag06 said:Lester Freamon said:
The one caveat to that (and this is what I am trying to get better at): know where your resistance points are to make sure you are not catching a falling knife if you get assigned and make sure you are comfortable owning the underlying.
I.e. if you are selling 12.5P and you know there is major resistance at 13, maybe not a good move as stock probably has room to run to the downside if it breaks 13.
Yes, is there a way to identify resistance points other than just looking at the chart where it's reversed by big volume?
McInnis 03 said:
Cathie bought the **** out of TSM
Bulldog73 said:
I saw this posted. It supports my very limited understanding. Any experts have general input about this? I know it's far, far too simplistic, but the generalizations seem logical.
YES! I just bought some cheapies and got back in today, knew it was going to rocket again soon.oldarmy1 said:McInnis 03 said:
Cathie bought the **** out of TSM
We just scored on those TSM options. Crazy how that makes 4 stocks we've crossed over in last few weeks.
McInnis 03 said:
I don't trust him as far as I can throw him, but the chart is going buckwild about 20 min before he tweeted.
McInnis 03 said:That trade wen tthrough 5 min ago!!! THEY'RE EXPECCTING WAY MORE.ClutchCityAg said:
Holy balls!
0708aggie said:
I swear they just did this a few months ago.
Bulldog73 said:
What's the current thought towards COTY? Still a buy and hold?
Bob Knights Liver said:
I will buy weeklies after confirmation of a breakout from a flag or box that I'm in on already (shares or further dated calls) to turn up the leverage a bit. But I agree, buying weeklies hoping for a move is risky and a way to lose to Theta.
gougler08 said:Bulldog73 said:
What's the current thought towards COTY? Still a buy and hold?
Broke through the flag pattern the wrong way, would wait for a reversal signal to try and buy in now
EnronAg said:
How does someone new to this thread get in on this seminar registration? Would love to learn more about investing during this historic bull market.