Where do you see it getting up to?
I like the idea of selling Feb 19 $5 puts on WWR actually. Only a few weeks away for a $4.50 entry or $0.50 premium keep. I have a bunch of May $5 puts sold at the moment that I got $1.70 for.FbgTxAg said:Right - but I actually want more shares at $5. I guess it's not really a hedge, but I just want more WWR at a lower price, and I get paid a premium to do it (if the price gets down to 5).FJ43 said:Selling puts would gain you shares if assigned. You would have to buy puts to hedge against your shares.FbgTxAg said:
If I wanted to both "hedge" and possibly accumulate more WWR, selling 2/5 & 2/19 $5 WWR puts would accomplish this AND make a little scratch on premiums, correct?
I haven't found anything one way or another on the investigation.cageybee77 said:
Do they still have any legal troubles related to Viracta(sp) "merger"?
All that matters is if you identify as an option trader or not.tremble said:
Starting an IBKR account. Do people just fudge the liquidity/years of experience tickers to enable options?
If you are on covered calls for SNDL, watch them on teh open, they swing HARD and FAST. I was able to manipulate some $.50 covered calls into $1.00 covered calls at a nickel expense, probably could have done it for nothing had I timed it a little bit. Nice way to get a free strike or low cost strike improvement.Running with the Bulls said:
$SNDL
If the mob is on it I don't think this will stop at .9999McInnis 03 said:
Every time SNDL gets close to $1.00 the asks LIGHT UP. There are some active sellers here in pre market right there. .9999 was loading up every time it got close in fairly large lots.
Holy crap, they had to buy through some SERIOUS traffic at $1.00 but they did it.McInnis 03 said:
Every time SNDL gets close to $1.00 the asks LIGHT UP. There are some active sellers here in pre market right there. .9999 was loading up every time it got close in fairly large lots.
Please to the ...McInnis 03 said:Holy crap, they had to buy through some SERIOUS traffic at $1.00 but they did it.McInnis 03 said:
Every time SNDL gets close to $1.00 the asks LIGHT UP. There are some active sellers here in pre market right there. .9999 was loading up every time it got close in fairly large lots.
If it can hold here which is right at the peak of last Friday it has a chance.McInnis 03 said:
If you have level 2 access, go watch SNDL right here in PM. It's a good lesson on what happens at big whole numbers like $1.00 and what the behavior starts to look like it profit taking zones. "I'll sell that if it hit's $1.00" type stuff.
So if I sold some covered calls last week $1.50 I need to try do this I reckon.McInnis 03 said:If you are on covered calls for SNDL, watch them on teh open, they swing HARD and FAST. I was able to manipulate some $.50 covered calls into $1.00 covered calls at a nickel expense, probably could have done it for nothing had I timed it a little bit. Nice way to get a free strike or low cost strike improvement.Running with the Bulls said:
$SNDL
OA1's years of trading count for you if you follow his advice.tremble said:
Starting an IBKR account. Do people just fudge the liquidity/years of experience tickers to enable options?
You don't NEED to do anything, but if an moment presents itself, SEIZE THE MOMENT!irish pete ag06 said:So if I sold some covered calls last week $1.50 I need to try do this I reckon.McInnis 03 said:If you are on covered calls for SNDL, watch them on teh open, they swing HARD and FAST. I was able to manipulate some $.50 covered calls into $1.00 covered calls at a nickel expense, probably could have done it for nothing had I timed it a little bit. Nice way to get a free strike or low cost strike improvement.Running with the Bulls said:
$SNDL
Reminder to use the mobile app if you are trying to get in or out of something.third coast.. said:
ATP acting up badly this morning already.
Now I've got Eminem going in my head. Thanks bruh.McInnis 03 said:You don't NEED to do anything, but if an moment presents itself, SEIZE THE MOMENT!irish pete ag06 said:So if I sold some covered calls last week $1.50 I need to try do this I reckon.McInnis 03 said:If you are on covered calls for SNDL, watch them on teh open, they swing HARD and FAST. I was able to manipulate some $.50 covered calls into $1.00 covered calls at a nickel expense, probably could have done it for nothing had I timed it a little bit. Nice way to get a free strike or low cost strike improvement.Running with the Bulls said:
$SNDL
YESSIR!McInnis 03 said:You don't NEED to do anything, but if an moment presents itself, SEIZE THE MOMENT!irish pete ag06 said:So if I sold some covered calls last week $1.50 I need to try do this I reckon.McInnis 03 said:If you are on covered calls for SNDL, watch them on teh open, they swing HARD and FAST. I was able to manipulate some $.50 covered calls into $1.00 covered calls at a nickel expense, probably could have done it for nothing had I timed it a little bit. Nice way to get a free strike or low cost strike improvement.Running with the Bulls said:
$SNDL