gougler08 said:
For anyone else still in AMC (or other meme stocks), my new plan is to sell weekly calls just out of the money and either pocket the juiced premium or sell remaining shares
I have some AMC and this was my plan as well.
Stock Markets
24,699,693 Views |
233395 Replies |
Last: 1 hr ago by Heineken-Ashi
I have some AMC and this was my plan as well.
Don't feel bad, bought 100 shares when it was $70ish and thought I was making a killing at $150 earlier this year
Edit - ROKU
Edit - ROKU
Don't feel bad I thought the same thing. Or at least that AppleTV would own the market.
Also doing this! Also already net free. So attempting to go into the negative on cost of ownership.tramaro1 said:gougler08 said:
For anyone else still in AMC (or other meme stocks), my new plan is to sell weekly calls just out of the money and either pocket the juiced premium or sell remaining shares
I have some AMC and this was my plan as well.
gougler08 said:
For anyone else still in AMC (or other meme stocks), my new plan is to sell weekly calls just out of the money and either pocket the juiced premium or sell remaining shares
What does that mean just out of the $$?
agdaddy04 said:gougler08 said:
For anyone else still in AMC (or other meme stocks), my new plan is to sell weekly calls just out of the money and either pocket the juiced premium or sell remaining shares
What does that mean just out of the $$?
AMC is at 6.83 right now so if it opens around there I'd sell the $7 covered call for Feb 12. Good premium and probably a 50/50 chance it breaks that level on Friday to get called out
StrawberryFields said:Thanks! Working on that for sure. Rewatching OA1 seminar this weekend and studying charts, really need to work on my chart recognition skills more.FJ43 said:The more you apply to the technical knowledge, process and discipline the more your personal confidence will grow. I think most anyone will agree it just takes time.StrawberryFields said:
The large percentage of everything I acted on based on recommendations from this board are up. By contrast, the majority of everything I recommended to myself is down.
I could be a case study in bad entry timing.
Note to self: "Listen to the board, not that little guy in your head!"
Has the recording been sent out?
I haven't seen an email on it
The inventor is an Ag. For shame!
A friend brought $RVP to my attention today. Goal posts and looks like institutional buying. They make retractable injection needles.
I hate those things (for IV placement, not injection).$30,000 Millionaire said:
A friend brought $RVP to my attention today. Goal posts and looks like institutional buying. They make retractable injection needles.
Having said that pretty much every health system requires this sort of thing now for all needles to prevent accidental sticks.
Class of 1998;
Husband of an Aggie, Class of 1999;
Father to future Class of 2029 and 2031
Husband of an Aggie, Class of 1999;
Father to future Class of 2029 and 2031
No material on this site is intended to be a substitute for professional medical advice, diagnosis or treatment. See full Medical Disclaimer.
I think someone mentioned this already, but was just looking at the 10 day chart for AAPL.
It must be some algo-trading as there is about the same "sell" volume every day for the past nine days at 10am. Did somebody already post on here what that is all about?
It must be some algo-trading as there is about the same "sell" volume every day for the past nine days at 10am. Did somebody already post on here what that is all about?
Wasn't that the fake stock they were selling in Boiler Room?
The one in February. 27th I believe.
confession time:
I have never sold naked puts. In this market it feels like a good time to give that a shot. Why wouldn't I sell WWR Feb 10P for 2.40 or TIGR March 30P for 8.80?? just picking 2 stocks that I think outrun their current SP and quickly.
I have never sold naked puts. In this market it feels like a good time to give that a shot. Why wouldn't I sell WWR Feb 10P for 2.40 or TIGR March 30P for 8.80?? just picking 2 stocks that I think outrun their current SP and quickly.
I sold XL put spread, it fell, I rolled, it fell more and is holding around $20. I have too much capital tied up securing this position and I hate it. I've made a couple of poor trades trying to make something happen to offset this frozen capital. I sold the put spread to collect some juiced premium that hasn't faded because there has been nothing to crush the IV.
Keep that in mind.
Keep that in mind.
I'd be doing the same but TD still isn't letting me sell CCs (even though I have the shares and leaps to cover it). Not amused.
Anyone else still restricted from selling AMC calls?
Anyone else still restricted from selling AMC calls?
BREwmaster said:
confession time:
I have never sold naked puts. In this market it feels like a good time to give that a shot. Why wouldn't I sell WWR Feb 10P for 2.40 or TIGR March 30P for 8.80?? just picking 2 stocks that I think outrun their current SP and quickly.
The potential loss is quite massive, especially on a percentage basis.
I've always thought naked puts were a better strategy for blue chips that are more of a steady, "sure thing" (I know; there's no such thing.)
Something you would be happy to own regardless of what happens.
Something you would be happy to own regardless of what happens.
trip98 said:StrawberryFields said:Thanks! Working on that for sure. Rewatching OA1 seminar this weekend and studying charts, really need to work on my chart recognition skills more.FJ43 said:The more you apply to the technical knowledge, process and discipline the more your personal confidence will grow. I think most anyone will agree it just takes time.StrawberryFields said:
The large percentage of everything I acted on based on recommendations from this board are up. By contrast, the majority of everything I recommended to myself is down.
I could be a case study in bad entry timing.
Note to self: "Listen to the board, not that little guy in your head!"
Has the recording been sent out?
I haven't seen an email on it
I believe so, one with the link to the recording and another email with pw
What I am unsure is can we watch the recording over a few times with the same pw or we need to contact oa1 for another pw for those of us who need to watch it multiple times ?
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,972
How long do you want to ignore this user?
AG
BREwmaster said:
confession time:
I have never sold naked puts. In this market it feels like a good time to give that a shot. Why wouldn't I sell WWR Feb 10P for 2.40 or TIGR March 30P for 8.80?? just picking 2 stocks that I think outrun their current SP and quickly.
There are worse ways to fomo into wwr. 7.6 basis is a bargain right now. 1-2 weeks from monthly opex is where i really go into overdrive selling puts on stocks i want in to that don't have weeklies
$30,000 Millionaire said:
Also, every single one of you should buy shares in $JMIA and forget about it for 2 years. Bringing Africa into the modern era could produce huge growth. This is a spec play, but I think you'll be glad you bought.
What are your thoughts on JMIA at this price?
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,939
How long do you want to ignore this user?
Red Red Wine said:
I think someone mentioned this already, but was just looking at the 10 day chart for AAPL.
It must be some algo-trading as there is about the same "sell" volume every day for the past nine days at 10am. Did somebody already post on here what that is all about?
Retail bought tons and tons of AAPL calls for today. A ridiculous amount. If it's better for the institutions to strategically sell shares instead of getting called out I think that's what they do and have been doing here. I think we see it finally go this next week.
GREAT point! thank you sirNRD09 said:BREwmaster said:
confession time:
I have never sold naked puts. In this market it feels like a good time to give that a shot. Why wouldn't I sell WWR Feb 10P for 2.40 or TIGR March 30P for 8.80?? just picking 2 stocks that I think outrun their current SP and quickly.
There are worse ways to fomo into wwr. 7.6 basis is a bargain right now. 1-2 weeks from monthly opex is where i really go into overdrive selling puts on stocks i want in to that don't have weeklies
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,939
How long do you want to ignore this user?
That's after a big green day from WWR. If it pulls back a bit those put premiums will increase quite a bit.
agdaddy04 said:$30,000 Millionaire said:
Also, every single one of you should buy shares in $JMIA and forget about it for 2 years. Bringing Africa into the modern era could produce huge growth. This is a spec play, but I think you'll be glad you bought.
What are your thoughts on JMIA at this price?
I still like it.
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,939
How long do you want to ignore this user?
without looking at it too hard, if you think this is the end of this run up then it would likely retrace to the 50 prcrntile. That would be $53 range. Model T, yo.agdaddy04 said:$30,000 Millionaire said:
Also, every single one of you should buy shares in $JMIA and forget about it for 2 years. Bringing Africa into the modern era could produce huge growth. This is a spec play, but I think you'll be glad you bought.
What are your thoughts on JMIA at this price?
live look at the MM's on AAPL... the dam fixin to break!Bob Knights Liver said:Red Red Wine said:
I think someone mentioned this already, but was just looking at the 10 day chart for AAPL.
It must be some algo-trading as there is about the same "sell" volume every day for the past nine days at 10am. Did somebody already post on here what that is all about?
Retail bought tons and tons of AAPL calls for today. A ridiculous amount. If it's better for the institutions to strategically sell shares instead of getting called out I think that's what they do and have been doing here. I think we see it finally go this next week.
$ozon Amazon of Russia. Anyone holding this long? Or thoughts on it?
I posted this in the penny thread but it's crazy something like this can go on. Just some scheme? Doesn't appear the company has exited since 2010 but the stock blows up this year. Guess because of the company name?
https://www.google.com/amp/s/www.nasdaq.com/articles/elcr-stock%253A-9-things-to-know-about-ev-play-electric-car-company-today-2021-01-20%3famp
https://www.google.com/amp/s/www.nasdaq.com/articles/elcr-stock%253A-9-things-to-know-about-ev-play-electric-car-company-today-2021-01-20%3famp
aggies4life said:
$ozon Amazon of Russia. Anyone holding this long? Or thoughts on it?
Been eyeing that too. I mean...if the model can work in China with its political risks, then surely it can work in Russia too...
BTC running.
$30,000 Millionaire said:
A friend brought $RVP to my attention today. Goal posts and looks like institutional buying. They make retractable injection needles.
Had a guy, back in 2002, tell me about rvp. The next greatest thing. I want to say they said it would reduce medical personal from getting stuck. I think they were still fairly new at that point. I tracked it for a while, it didn't do much, and I lost interest. Impressed that it is now at almost $19.
A friend brought the ARK ETFs to my attention. Thoughts on jumping into those next week?
Looking at PRNT and ARKG.
Looking at PRNT and ARKG.
backintexas2013 said:
BTC running.
$MARA should help me out on Monday then
Featured Stories
See All
SEC Round-Up: Dawgs facing possible playoff elimination this week
by Olin Buchanan
33:59
5h ago
733
Pick 'Em & Rip 'Em sponsored by PrizePicks: Week 12
by Matthew Dawson
14:58
5h ago
816
Assessing Earley's first signing class at the helm of Texas A&M baseball
by Ryan Brauninger
Tom Kazansky 2012
Number of football tickets A&M provided to t.u.
in Billy Liucci's TexAgs Premium
84