You guys that read charts - TSNP looks like it's building a bull flag, no? Ready to rip?
This is extremely valuable experience being shared. Take heed. Regardless of who posts positions the disciplines need to be set in stone for growing traders.CastleRock said:CrazyRichAggie said:I am in the same and just doubled up. Last time OA was pounding the table on a trade a just dipped my toe in and missed out. Not this time!zwhag2010 said:gigemJTH12 said:
this makes be want to quadruple down
What are current calls on this? I'm in a 145c Feb 19
This post is not sour grapes, pointing fingers, or being ungrateful. I've made a lot of money in a short time thanks to OA and the regulars here.
This is a warning to newer traders like me - don't get greedy. 3,4,5 of the options in a row had hit big and quickly (bigly?), so I entered an AAPL position 3x larger than normal based on the overwhelmingly enthusiastic sentiment.
Guess what? The one time I did a 3x trade, it's the option that went to zero. Not all of these are gonna hit. Keep your positions reasonable. There will be more scores.
oldarmy1 said:
I still see it moving above $150 and as high as $170. Everything is negative on AAPL. Short volume doubled. Spotify competition pressure. Warren Buffet selling some and entering 3 new positions.
But AAPL still is the King. Has designs on 20 new technologies and leadership that knows how to innovate and select the right things to focus on.
AND AND! Has a shareholder meeting in 3 days. Let's just see how it does.
I could be dead wrong, but aren't the economic and political factors that are reducing shale production even worse for offshore?Fireman said:
Anyone considering $RIG? If we reduce shale play production, would we not go back to offshore drilling? Higher oil prices would support that as well. I'm watching this one looking for a potential entry.
Lt. Joe Bookman said:oldarmy1 said:
I still see it moving above $150 and as high as $170. Everything is negative on AAPL. Short volume doubled. Spotify competition pressure. Warren Buffet selling some and entering 3 new positions.
But AAPL still is the King. Has designs on 20 new technologies and leadership that knows how to innovate and select the right things to focus on.
AND AND! Has a shareholder meeting in 3 days. Let's just see how it does.
So you're saying I should double up on my March 136 calls.
oldarmy1 said:
I still see it moving above $150 and as high as $170. Everything is negative on AAPL. Short volume doubled. Spotify competition pressure. Warren Buffet selling some and entering 3 new positions.
But AAPL still is the King. Has designs on 20 new technologies and leadership that knows how to innovate and select the right things to focus on.
AND AND! Has a shareholder meeting in 3 days. Let's just see how it does.
In we go.McInnis 03 said:
QS has the makings of it's reversal. I'm in 3/19 60/70/80 butterflies. They were dirt cheap, like $.55 each
There has been pretty significant flow on it that I think cheddar folks could back up?
aggiedaniel06 said:
Something to point out is that 99% of the short term trades on this thread, fintwit and retail in general is purely Beta based and not by finding any Alpha.
This strategy will only be successful in a trending market like we have had since 2016. You can clearly see this on a day like today - markets are barely red and I'm sure many are seeing deep red in their ports due to the high beta names that retail heavily trades.
I see mentions of people wanting to do this for a living. You have to have an alpha based strategy if you ever want to do this for life. If you only rely on beta as a strategy, its always feast or famine, and if you play long enough, you'll incur heavy losses.
Do you want to sell covered calls as a first step?Ukraine Gas Expert said:
Trying to learn options, and scheduled for OAs course next weekend, but I own EBON, is it suggested to do the same? I got in around 6.40, and sold net free, but would like to experiment with options.
I know people cant offer financial advice, just trying to learn.
Wrong emoji, sorry
62strat said:iBleedLOYAL AG said:iPon. iPad is already an Apple product.DubFalls said:BREwmaster said:bc AAPL is going to be in EV and crypto soon. Long term AAPL will be in a bit of everything. iCar, iPhone, iUndies?evan_aggie said:
Remind me again why anyone is playing with Apple? They've reached a high valuation and saturation, no?
I mean why not run out and buy Nvidia calls?
The new line of feminine products, the iPad
The reason I asked is EBON March $15 calls can be sold now for about $3.00. That's $300 per 100 shares (1 contract) you sell the call (right) to for someone to buy them by March 19 for $15. You get $18 total if called out on those. If they don't exercise them then you keep the $3 X 100 = $300 and move on.Ukraine Gas Expert said:
Hahaha great question. I probably should wait til OAs seminar and find out
On what timeline?CrazyRichAggie said:
Big volume on AAPL
McInnis 03 said:On what timeline?CrazyRichAggie said:
Big volume on AAPL
CrazyRichAggie said:McInnis 03 said:On what timeline?CrazyRichAggie said:
Big volume on AAPL
Never mind I hit refresh on ATP and it went away. It was on the minute
Touch screen haptics. It's going into everything. I like it.FJ43 said:
NXTD volume
I sold some March $5 puts a week ago for $1 when it was in the $6.40 range. They're holding up pretty damn strong here actually. Can't believe they're still $0.625 each.McInnis 03 said:
EBON $10+