Another sign of a bubble about to bust is that it's being discussed on veterinary groups. Worlds worst investors RUS.Prognightmare said:
We're getting close to peak insanity.
What's the estimated PT on this?Aggie118 said:
Not too late to hop on CTRM.
fightintxag13 said:What's the estimated PT on this?Aggie118 said:
Not too late to hop on CTRM.
I'm also trying to figure this out, however I see it reaching $1.00 by Friday close. Started the day at .35 and we are sitting at .78 AHfightintxag13 said:What's the estimated PT on this?Aggie118 said:
Not too late to hop on CTRM.
I'm holding overnight, looking for $1Aggie118 said:I'm also trying to figure this out, however I see it reaching $1.00 by Friday close. Started the day at .35 and we are sitting at .78 AHfightintxag13 said:What's the estimated PT on this?Aggie118 said:
Not too late to hop on CTRM.
Reddit CEO is going to be on Squawk Box in the morning on CNBC. Regulators are about to come for them.Teddy Perkins said:
Damn, WSB set to private.
Have held it for about 3 weeks now (so not a very long time) however I can tell you it has been rising steadily with solid support around .35, and has finally popped today.fightintxag13 said:
I bought it once it broke .50 and sold AH at .75 because it filled that gap. Wasn't sure of the reason for the run (didn't know Atlas was pumping it) so I took a quick 50% profit in a couple hours.
BAAAAHAHAHAHAHABREwmaster said:
HAHAHA, this is great...
gig em 02 said:Mostly Foggy Recollection said:
UVXY up 15% AH
Great recommendation!
BREwmaster said:
HAHAHA, this is great...
george1992 said:gig em 02 said:Mostly Foggy Recollection said:
UVXY up 15% AH
Great recommendation!
Be careful with this one. It's like a BSC woman. One minute you are getting a bj and the next thing you know she's stabbing you and trying to cut off your member.
Good for very short term relationships but dont overstay your welcome.
Buying puts against SPY are a much safer move in that any losses are limited.
I'm laughing because the govt's reaction to today is so fking sad.Challenger 17 said:
How can the SEC regulate reddit? There is nothing nefarious going on. People are allowed to do whatever the hell they want with their money.
Yes. God forbid people take money from hedge funds and wall street ******bags. This is a classic case of wealthy individuals trying to pull up the ladder.PearlJammin said:I'm laughing because the govt's reaction to today is so fking sad.Challenger 17 said:
How can the SEC regulate reddit? There is nothing nefarious going on. People are allowed to do whatever the hell they want with their money.
We are racing towards communism or one of the other "isms".
May as well be speaking Greek.oldarmy1 said:They closed prints after hours at $7.25ClutchCityAg said:here and twitter @oldarmy1BobaFettsClone said:Very new here, just started watching thread yesterday and brand new to trading. Where are you following OA1? His (?) name keeps popping up and it sounds like he's doing y'all some serious good.trip98 said:
SPY put advice...
per OA1 reco the other day I bought SPY March $335 Put at $3.50. It's now $610.
Long time out till March and as we've seen plenty of craziness. Do I:
1) let it ride
2) sell it, capture profit and the invest proceeds in another Put
3) if I sell and re-buy new Put, which one should I target? Same expiry date but around $315 strike and keep it around my initial $350 cost or go with the $300 which uses all profit?
The gap down start to the day shows intent to sell. I closed out the last buy of those at the open, along with the $383 expiring Put and then when we pressed above 3800 we hit a double top. I screen shot that for the seminar because I went back in off seeing that and added an expiring $374 on that and closed it after hours. I did think about converting it to a short but with AAPL and FB expected to beat I sold it and resold the re-entry buys on the March $335's for $6.65. Between two trades on the March $335's and the kicker $383 put from after hours yesterday and the $374 I am now beyond net free on the remaining March $335's. I'll wait to see what happens in the morning. If we start green I'd probably buy a Friday expiring Put $2 below market price.
As far as selling out the $335's and repositioning. Since we have a selloff in action you can wait to see if continuation and buy a closer to the money cheaper put, closing out the $335's and using a fraction of the profit to hedge in case this becomes a multi-day rip event.
BobaFettsClone said:May as well be speaking Greek.oldarmy1 said:They closed prints after hours at $7.25ClutchCityAg said:here and twitter @oldarmy1BobaFettsClone said:Very new here, just started watching thread yesterday and brand new to trading. Where are you following OA1? His (?) name keeps popping up and it sounds like he's doing y'all some serious good.trip98 said:
SPY put advice...
per OA1 reco the other day I bought SPY March $335 Put at $3.50. It's now $610.
Long time out till March and as we've seen plenty of craziness. Do I:
1) let it ride
2) sell it, capture profit and the invest proceeds in another Put
3) if I sell and re-buy new Put, which one should I target? Same expiry date but around $315 strike and keep it around my initial $350 cost or go with the $300 which uses all profit?
The gap down start to the day shows intent to sell. I closed out the last buy of those at the open, along with the $383 expiring Put and then when we pressed above 3800 we hit a double top. I screen shot that for the seminar because I went back in off seeing that and added an expiring $374 on that and closed it after hours. I did think about converting it to a short but with AAPL and FB expected to beat I sold it and resold the re-entry buys on the March $335's for $6.65. Between two trades on the March $335's and the kicker $383 put from after hours yesterday and the $374 I am now beyond net free on the remaining March $335's. I'll wait to see what happens in the morning. If we start green I'd probably buy a Friday expiring Put $2 below market price.
As far as selling out the $335's and repositioning. Since we have a selloff in action you can wait to see if continuation and buy a closer to the money cheaper put, closing out the $335's and using a fraction of the profit to hedge in case this becomes a multi-day rip event.
