CLOV and BFT are killing me ugh
Stock Markets
24,694,235 Views |
233390 Replies |
Last: 10 min ago by ranchag04
I don't like all the red but in my opinion this is a perfect day to work the covered call, puts, etc. side and make a buck. Hope some of you took advantage of those.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Even though I am in the red today, I know I am not alone. Solidarity brothers and sisters!
Trying to look at the bright side, this is my first experience in being involved in a sell off.
Trying to look at the bright side, this is my first experience in being involved in a sell off.
My first day to get my butt handed to me since I started following you guys here.
Cashed out and gonna regroup. BUT thanks to ya'lls advice and input, I am still way ahead!
Cashed out and gonna regroup. BUT thanks to ya'lls advice and input, I am still way ahead!
Is buying the weekly 10UVXY call @ .5 a good hedge for a further down day?
Show of hands for anyone who still believes in AAPL?
At least my China stocks are green! great hedge
Macro correction. AAPL is fine.Method Man said:
Show of hands for anyone who still believes in AAPL?
I'm decent at charting, but I haven't taken OA's class. Can someone signify what goalposts are pointing to?
i missed the bottom of that WWR dip but I got back in. Not a ton of shares but back in.
That seemed bad but I'm pretty much where I was this time yesterday. It'll swing back up.
Bought some WWR just under $9, sold Aug 15c for $3.30. I'll let them have it for $18.30 or get a net under $6 on those shares.FJ43 said:
I don't like all the red but in my opinion this is a perfect day to work the covered call, puts, etc. side and make a buck. Hope some of you took advantage of those.
Edit to add: As far as your post, I really need to work on when/if to roll or buy back CCs and sold puts. I have the selling of each down, but the buy back and how to manage is still difficult for me.
I see some people are buying back CCs on this dip. Question - If the CC is close to expiration and you already received premium, what is the strategy to pay to buy them back assuming they will be out of the money?
tlepoC said:
At least my China stocks are green! great hedge
Commie.
Method Man said:
Show of hands for anyone who still believes in AAPL?
Bought some more at 135
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
Woooo boy. Spy barely turns red and we have these major flash downs. Good and bad at the same time. Volatility will be crazy in an actual down day.
volume, whoop!mazag08 said:
I'm decent at charting, but I haven't taken OA's class. Can someone signify what goalposts are pointing to?
I had a limit but at $8.75 for WWR, didn't get filled.
dolla bills. the CC has lost a lot of value (so you buy it back much cheaper, money made from where you sold it). The stock rips again, you sell them again. Rinse and repeat. Another way to go net free by the way.H-town ag said:
I see some people are buying back CCs on this dip. Question - If the CC is close to expiration and you already received premium, what is the strategy to pay to buy them back assuming they will be out of the money?
Method Man
Joined:
Oct 26, 2010
Posts:
26,610
How long do you want to ignore this user?
During the sell offs like we just saw on the macro level, its a great time to look at which stocks are showing Relative Strength. For instance, even though DPW got nailed with selling it didn't fill it's gap from Monday nor did it violate its S2 pivot. Close above $5 will have me very confident in this one. We definitely need SPY above 390 and QQQ above 332.
PS I also liked the bounces I saw on RUN and AAPL (i am still bagholding even though I am one who usually takes losses very quickly)
PS I also liked the bounces I saw on RUN and AAPL (i am still bagholding even though I am one who usually takes losses very quickly)
who would be interested in a kiddie roth friendly competition? Maybe % per month gain.
I know 30k, Prog and others have one.
I know 30k, Prog and others have one.
I mean I jumped in on AAPL fairly late (August last year), and pretty much all my lots are well in the green except from last Friday, which is down all of -1.30%. Up 16% overall.Ags2013 said:Macro correction. AAPL is fine.Method Man said:
Show of hands for anyone who still believes in AAPL?
I really don't think there's much to panic about? What am I missing here?
Got a reference on the best way to set one of these up? Ive got three kids now so im in for a good go at this hahaBREwmaster said:
who would be interested in a kiddie roth friendly competition? Maybe % per month gain.
I know 30k, Prog and others have one.
rats I missed TRIT by 6 cents!
I was actually thinking of doing the same by buying back my Feb 19 $15 CC.Quote:
sold Aug 15c for $3.30. I'll let them have it for $18.30 or get a net under $6 on those shares.
I'm too busy shoveling funds into the 529 account ATM to grow that little bugger. Mine is only 4 months old, so she's got time to get a "job" and start a roth lolBREwmaster said:
who would be interested in a kiddie roth friendly competition? Maybe % per month gain.
I know 30k, Prog and others have one.
They are talking about their options.
massive volume on fcx 4/16 28P.
stansberry option trader put an alert on it.
stansberry option trader put an alert on it.
HA! The speech should already be out there, at least I think that is the way they do it.AG 2000' said:Ha. read that and was thinking of Yellen.Rice and Fries said:Jerome is offended by the misgenderization of his gonads.AG 2000' said:Feeling like this has something to do with it.ebdb_bnb said:
If it hasn't been mentioned, just a reminder that Powell is speaking at 2.
Leak of her speech somewhere maybe...
My guess is 3920 is strong resistance until it isn't.
BFT is stair stepping the wrong way
Check out DASH while SPX was pulling back.MasonRamsay said:
During the sell offs like we just saw on the macro level, its a great time to look at which stocks are showing Relative Strength. For instance, even though DPW got nailed with selling it didn't fill it's gap from Monday nor did it violate its S2 pivot. Close above $5 will have me very confident in this one. We definitely need SPY above 390 and QQQ above 332.
PS I also liked the bounces I saw on RUN and AAPL (i am still bagholding even though I am one who usually takes losses very quickly)
I put CLOV and UWMC in my retirement accounts. They are long term stocks. It takes a while to churn through the post IPO minutia, but once it does they will jump.ag94whoop said:
CLOV and BFT are killing me ugh
30k said it best the other day. I won't have this exactly as he said it but our job is to make a profit whatever it takes. If I have the time and the technicals are lining up, I'll buy back covered calls, put positions, etc. for good gains P&L wise at a reversal then sell again. Just managing the positions.AgEng06 said:Bought some WWR just under $9, sold Aug 15c for $3.30. I'll let them have it for $18.30 or get a net under $6 on those shares.FJ43 said:
I don't like all the red but in my opinion this is a perfect day to work the covered call, puts, etc. side and make a buck. Hope some of you took advantage of those.
Edit to add: As far as your post, I really need to work on when/if to roll or buy back CCs and sold puts. I have the selling of each down, but the buy back and how to manage is still difficult for me.
I am by no means an expert or Pro trader so not for everyone, but I have found for me a profitable and continual way to lower share cost or take gains.
Edit Example: Sold the Feb 19 $5 SNDL calls for $0.45 this morning. Bought them back for $0.25 an hour or so later. Almost 50% gain. Now they are back to $0.35. May sell them again on push. Rinse and repeat.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Featured Stories
See All
SEC Round-Up: Dawgs facing possible playoff elimination this week
by Olin Buchanan
33:59
3h ago
568
Pick 'Em & Rip 'Em sponsored by PrizePicks: Week 12
by Matthew Dawson
14:58
3h ago
610
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
71