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tam2002
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AG
gigemJTH12 said:

$AMC back down well below $10. The open for this will be interesting. Lot of people who are 200% or more on it. Will they take the sure cash or hope it's the next GME?



I'm gonna go net free and ride the rollercoaster with the rest until I'm ready to jump off
Phat32
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I'm 5x on AMC. Gonna go net free and ride
Dan Scott
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GME under $200. The poor sucker buying that woke up early to buy at $350
Phat32
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Is the ride over? Pretty sharp drops
ProgN
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Futures gaining momentum to the downside, I'll be taking some profits off the board today.
McInnis 03
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third coast.. said:

Cnbc not happy with reddit


They were short too
***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
gougler08
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FJ43 said:

gougler08 said:

So opinion time...I have Feb $5 AMC covered calls (enough to go net free). Should I just leave those and see what happens with a short squeeze / potential fall back down over the next few weeks or try to roll and take advantage of what will be crazy IV?
If you have covered calls the buyer in this case you sold them to, could exercise those this morning at $5 and turn around and sell the shares for $11 of of this moment.

If you bought Feb $5 calls then you'll be printing money.


Yeah I sold them so I think I'm going to look at rolling significantly higher strikes hoping to take advantage of juiced IV, even if it's for a small debit
gougler08
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It's so 2020/21 that Reddit breaking the stock market may trigger a correction
FbgTxAg
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I'm waking up to a lot of red pre-market. I get kinda jittery when the bulls sleep in.
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
McInnis 03
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FJ43 said:

McInnis 03 said:

I don't
Do you then just buy weekly/monthly SPY puts or some other form of hedge?


Spy, vix, qqq, spx are what I have on currently
***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
FJ43
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McInnis 03 said:

FJ43 said:

McInnis 03 said:

I don't
Do you then just buy weekly/monthly SPY puts or some other form of hedge?


Spy, vix, qqq, spx are what I have on currently
Thanks. Hedging I keep in place but need to perfect that strategy.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

zag213004
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AMC

In for 10! Shares that is.... Let's ride!
GigEmRangers75455
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Bought AMC at the premarket open 8 minutes ago. Already up 3K. This is nuts.
zag213004
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zwhag2010 said:

AMC

In for 10! Shares that is.... Let's ride!


Edit 1: Up 14% in one minute
gig em 02
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OAs 382 spy puts for today should be firing at the open, let's not let his insanity get lost in all this
Bird Poo
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AMC is my hedge

/that is so screwed up
fooz
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zwhag2010 said:

AMC

In for 10! Shares that is.... Let's ride!
I put in a limit order on my playground account for ****s and giggles.

It seems I picked the wrong month to take a break from this thread to scalp futures.
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BrokeAssAggie
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Congratulations to all you AMC holders. For those of us that didn't join the party, here's how we feel.

FbgTxAg
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Gonna be lots of opportunities to BTFD today.
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
fooz
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Prognightmare said:

Melvin Capital closed out of GameStop short position Tuesday

https://www.cnbc.com/2021/01/27/hedge-fund-targeted-by-reddit-board-melvin-capital-closed-out-of-gamestop-short-position-tuesday.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

They better had closed out.


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gougler08
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Note to self, skip Melvin Capital if ever looking for a hedge fund
FbgTxAg
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Here's a live look at $BB single-handedly trying to save my AMC-less portfolio this morning.
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
fooz
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Waiting to see what AMC does when RH pre-market opens.
59 South
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Futures around 3800. If that hold and V's up setting a double bottom over the past 3 days, lots of room to the upside. If it fails, lots of room to the downside. +/- 60 in short order 3740 or 3860 today?
Mostly Foggy Recollection
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I'm currently at 10%. A week ago it was 3ish
FJ43
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fooz said:

Waiting to see what AMC does when RH pre-market opens.
Yeah that is what I am looking to see. Once that group can trade pull up a chair.

Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Spaceship
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gig em 02
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Doubt it, thats a billionaire with a major credibility issue trying to protect another billionaire by baiting Reddit to sell
gig em 02
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Spaceship said:




Golf club chatter, however, is still acceptable.
CPDAggie10
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Anyone else trying to buy some more yolo AMC shares pre-market on TDA? Been trying since 6am but cannot get my orders to fill on mobile TOS app. I must be doing something wrong.
fightintxag13
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59 South said:

Futures around 3800. If that hold and V's up setting a double bottom over the past 3 days, lots of room to the upside. If it fails, lots of room to the downside. +/- 60 in short order 3740 or 3860 today?


Testing Monday's lows now.
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