Here is the trade
Stock Markets
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Last: 4 hrs ago by EliteZags
Fast moving thread today and seemed a bit faster than normal. Not to shabby a day when all the dust settled. Congrats to all the solid gainers today. Really nice to see some of our collective plays moving.
$CLOV is gonna rip at some point in my opinion. Loaded more shares in the $13.90s several times today.
Saw the ARK email they bought 1.2M shares of $TAK today.
.
$CLOV is gonna rip at some point in my opinion. Loaded more shares in the $13.90s several times today.
Saw the ARK email they bought 1.2M shares of $TAK today.
.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
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AG
About right. All mine got called away Friday
FJ43 said:
Fast moving thread today and seemed a bit faster than normal. Not to shabby a day when all the dust settled. Congrats to all the solid gainers today. Really nice to see some of our collective plays moving.
$CLOV is gonna rip at some point in my opinion. Loaded more shares in the $13.90s several times today.
Saw the ARK email they bought 1.2M shares of $TAK today.
.
Any idea when ARKX will be available?
I just finished Dan's nightly recap video. He mentioned $BTBT as having a big call buyer on the Feb 40 calls. It closed at 16.37. Looks to be forming a rounding bottom and could push up to form a cup.
I sure don't but I will see what I can find on it.PearlJammin said:FJ43 said:
Fast moving thread today and seemed a bit faster than normal. Not to shabby a day when all the dust settled. Congrats to all the solid gainers today. Really nice to see some of our collective plays moving.
$CLOV is gonna rip at some point in my opinion. Loaded more shares in the $13.90s several times today.
Saw the ARK email they bought 1.2M shares of $TAK today.
.
Any idea when ARKX will be available?
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Thanks to advice of folks on this board I bought leaps of AMC and NOK last week which have done phenomenally. In the run up this morning I sold some of each to get to net free. How are yall playing these now? Both are ITM or close to it so now do I just sit back and see how they perform? Diamond hands??
tam2002 said:
Today I decided to take a XL position at 19.40 and holy cow looks like I picked the right time for once
I had a limit order in @ 19.20 to average down that didn't fill. Just barely missed I think. But I have plenty of shares of the damn thing anyway. Avg 19.55.
Time for it to fly.
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
Mostly Foggy Recollection
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My mindset has changed on CLOV from a swing to a hold similar to WWR. I've done some digging and I like the future of Clover.
Wouldn't mind a dump into the 12.50-13 range, but that doesn't seem likely. CCs and selling 12.50 puts will do.
Wouldn't mind a dump into the 12.50-13 range, but that doesn't seem likely. CCs and selling 12.50 puts will do.
LLNW showing signs of life.
Why drive a Hyundai when you could drive a Lambo?
third coast.. said:
I would very much like to have you explain these call spreads to me like I am 4 someday. Limited upside with low risk is right in my wheelhouse and something I'd prefer to do with most of my money. Those unlimited upside options are fun as hell though.
Personally; if the set up is right and you think the stock moves in a specific direction. By the closest at the money call and sell an out of the money call. Adjust strikes and qty to meet your risk/reward profile.
Here is the weekly 140/150 on Apple.
BenRev09 said:
Why drive a Hyundai when you could drive a Lambo?
He's the Captain of a ship so let's try to get him his own yacht!
I guess you could say that call spreads (AKA, verticals) are limited upside (in comparison to to normal calls) but they still can be lucrative.third coast.. said:
I would very much like to have you explain these call spreads to me like I am 4 someday. Limited upside with low risk is right in my wheelhouse and something I'd prefer to do with most of my money. Those unlimited upside options are fun as hell though.
You can have put spreads and call spreads, but for example purposes, let's look at a call spread.
- Each spread has two legs, one leg is buying a call, and the other leg is selling a call (at a higher strike price).
- I'm going to use TSLA 2/19 calls in this example. You could buy the 880C for $77 and sell the $930c for $57.5. Total investment would be: 77-57.5 * 100 = $1950. Max profit would be $3050 (difference between the strike prices minus the cost of the vertical * 100).
- Any of the above strike prices could be changed and you could have a spread of $5, $50, $100, or whatever. The typical route is to buy a call ATM or near the money and to sell a OTM call..
IMO the biggest disadvantage to them is that I consider them more time sensitive if you're looking/wanting to sell for max price. If you're wanting max profit you'll almost always have to wait until expiration date to do so.
That helpful?
Same here on long for me and work it like WWR. Have more shares now, CCs, sold puts, etc. Will keep lowering cost basis a step at a time to work to a net free position without selling shares if I can. Really liked OAs strategy on it.Mostly Foggy Recollection said:
My mindset has changed on CLOV from a swing to a hold similar to WWR. I've done some digging and I like the future of Clover.
Wouldn't mind a dump into the 12.50-13 range, but that doesn't seem likely. CCs and selling 12.50 puts will do.
Will also pick up more shares strategically to trade (lower cost basis) or keep.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Kicking myself for not buying $RKT on Friday when my gut told me to.
Does anyone else here think there's still room to run med- to long-term? Previous resistance looks to be around 22.90-23.00, so we are past that as of today.
Anyone else see a play here?
Does anyone else here think there's still room to run med- to long-term? Previous resistance looks to be around 22.90-23.00, so we are past that as of today.
Anyone else see a play here?
third coast.. said:
I would very much like to have you explain these call spreads to me like I am 4 someday. Limited upside with low risk is right in my wheelhouse and something I'd prefer to do with most of my money. Those unlimited upside options are fun as hell though.
Not sure I can say it better than this site does. Read here and I'll be happy to help with the questions you have
https://www.projectoption.com/vertical-spreads-explained/
***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
Averaged down a bit today on that dip and I feel a whole lot better about it nowtam2002 said:
Today I decided to take a XL position at 19.40 and holy cow looks like I picked the right time for once
If wanting to hedge for a downturn via buying straight up stocks/etf what are some good ones? Thanks
Did y'all see 131k contracts bought today on GE 11.5c for THIS WEEK!?
***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
FUBO, who's ready? 
this was from 1 hour before close today in the lone sub that I have...
"they are def. loading the FUBO 2/19 65 Cs - expecting a squeeze here as you can see"
this was from 1 hour before close today in the lone sub that I have...
"they are def. loading the FUBO 2/19 65 Cs - expecting a squeeze here as you can see"
Get your capital ready kids lol
***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
It's a little further down the list but I could see $CAKE being a target for the memes
FUBO to 60$!
AMC back to $7? that would be something!
AMC back to $7? that would be something!
This isn't a shot at you, but this pretty well shows the state of our market. Ticker selection based upon meme potential. haha awesomeEngine10 said:
It's a little further down the list but I could see $CAKE being a target for the memes
Account opened with IBKR. Deposited some funds and now we wait. I haven't transferred my whole account yet. How long does it usually take to swap everything from one broker to another?
McInnis 03 said:third coast.. said:
I would very much like to have you explain these call spreads to me like I am 4 someday. Limited upside with low risk is right in my wheelhouse and something I'd prefer to do with most of my money. Those unlimited upside options are fun as hell though.
Not sure I can say it better than this site does. Read here and I'll be happy to help with the questions you have
https://www.projectoption.com/vertical-spreads-explained/
Thank you for posting this.
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