me too. I did a buy write - bought $42, sold $50.
I'm not worried about the stock. I'm only worried I didn't buy enough shares when I had the chance or sell enough puts.$30,000 Millionaire said:
$CLOV - kind of interesting to see a gravestone doji followed by a bullish hammer with volume. This is in a daily squeeze, and it's oversold. I went a little overboard with selling puts on this on Friday. YOLO
$30,000 Millionaire said:$CWH has positive momentum. I think the weekly is the best chart. Look at this bull flag breakout. It is classic! I think it's quite plausible for this to go to $45 and beyond. There will be tough resistance at $47.5 area. The fundamentals on this business are good and I don't see any reason to get out of it if you own shares (although going net free or taking profits is always good). CWH is difficult to trade options in, with the exception of selling premium. I sold some feb 19 $45C against part of my shares. Assuming I don't get called out, I will do the same with March $55.zwhag2010 said:
Penny for your thoughts on CWH. Completed cup last week before meme stock fiasco, stock came down but has bounced back to the top of the 40 cup. Do you see this pushing for that 45 or higher in the near term. With earnings coming up I wonder if that will push it higher but the rsi shows it right at the over bought line (>70 right?)
FJ43 said:I'm not worried about the stock. I'm only worried I didn't buy enough shares when I had the chance or sell enough puts.$30,000 Millionaire said:
$CLOV - kind of interesting to see a gravestone doji followed by a bullish hammer with volume. This is in a daily squeeze, and it's oversold. I went a little overboard with selling puts on this on Friday. YOLO
On the daily, still has room to do the downside until it fills that gap at $2.26panduh bear said:
Late Saturday goalpost alert:
MREO
gougler08 said:
Continuing the biopharma goal post trend...here's TTNP, which I'll be entering tomorrow morning. Clear support in the $3.10-$3.20 range so my stop loss will be set at $3, but this looks like a great entry point overall
gougler08 said:
Continuing the biopharma goal post trend...here's TTNP, which I'll be entering tomorrow morning. Clear support in the $3.10-$3.20 range so my stop loss will be set at $3, but this looks like a great entry point overall
Bob Knights Liver said:FJ43 said:I'm not worried about the stock. I'm only worried I didn't buy enough shares when I had the chance or sell enough puts.$30,000 Millionaire said:
$CLOV - kind of interesting to see a gravestone doji followed by a bullish hammer with volume. This is in a daily squeeze, and it's oversold. I went a little overboard with selling puts on this on Friday. YOLO
I liquidated my BFT and XL Friday to dump more into CLOV calls. Lots of eggs in one basket.
FJ43 said:
Love seeing all these potential plays being shared. Everyone do their own analysis and DD but nice to see power in numbers hunting for opportunities.
gougler08 said:
Continuing the biopharma goal post trend...here's TTNP, which I'll be entering tomorrow morning. Clear support in the $3.10-$3.20 range so my stop loss will be set at $3, but this looks like a great entry point overall
AG 2000' said:
I'm working my way from the beginning of the thread, but is there guidance on hedging on your individual stocks? Stop loss type stuff, but recommended percentages, etc.?
TIA.
Bob Knights Liver said:AG 2000' said:
I'm working my way from the beginning of the thread, but is there guidance on hedging on your individual stocks? Stop loss type stuff, but recommended percentages, etc.?
TIA.
Stop losses vary by how much volatility the stock has. You don't want to set too low and lose capital if the trade goes against you but you don't want to get stopped out before the move happens. Stop losses and limits are really tough right now with a lot of stop raids.
Bob Knights Liver said:gougler08 said:
Continuing the biopharma goal post trend...here's TTNP, which I'll be entering tomorrow morning. Clear support in the $3.10-$3.20 range so my stop loss will be set at $3, but this looks like a great entry point overall
We'll need to check the news on this one. What happened to cause the big volume to start and was there any news to explain why it would pull back? Earnings expectations later this month? If there is nothing concerning and this one just hasn't made it's move yet, this looks like a great find.
gougler08 said:Bob Knights Liver said:gougler08 said:
Continuing the biopharma goal post trend...here's TTNP, which I'll be entering tomorrow morning. Clear support in the $3.10-$3.20 range so my stop loss will be set at $3, but this looks like a great entry point overall
We'll need to check the news on this one. What happened to cause the big volume to start and was there any news to explain why it would pull back? Earnings expectations later this month? If there is nothing concerning and this one just hasn't made it's move yet, this looks like a great find.
Only news I can find is a reverse split on Nov 30 which is the cause for the dip...not really sure what drove the 2 big green bars