I have covered calls on WWR, DNN, and UWMC. Other than that I'm sitting on my hands.
Stock Markets
24,049,009 Views |
231657 Replies |
Last: 12 min ago by Cru
All the ARK plays are getting melted
Bought a good size of WWR at 6.91 just now. Hopefully it bounces after this rough day.
kyledr04 said:
The last few days its seemed like doing nothing has been a good strategy.
I'm doing a lot of plumbing work today!
Fireman said:
Anyone know why $NVDA is decreasing so much in the past hour? Saw an earnings upgrade to $700, and I'm expecting earnings this week to be great, so the movement seems odd to me.
Everything tanking
Formerly tv1113
Ouch...
MU kind of obliterated here since lunch.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Need a status report on DNN, pls.
pretty much even for the day, not much to report.
McInnis 03 said:
MU kind of obliterated here since lunch.
I'm net free on some 3/19 calls. Guess I will hold for another week or so to see if we bounce back some
On a positive note, CLOV is doing okay today all things considered
The massive options volumes are for March and April. Our entry was in the .80s before that volume.
Grabbed some EBON as it dropped to $8, wish I loaded up because it bounced off that... let's hope it's not a dead-cat but have to like a BTC stock with BTC approaching 55k again
Mostly Foggy Recollection
Joined:
Oct 5, 2020
Posts:
7,684
How long do you want to ignore this user?
SHUT UP SARAHKARENMostly Foggy Recollection said:
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Let's do a little better tomorrow
AgEng06
Joined:
Mar 30, 2010
Posts:
32,152
How long do you want to ignore this user?
Brutal
Thanks. I was trying to think of a way to limit the immediate capital outflow. Ideally, the shares would be called out in March so trying to turn $100 into $600 in a month time frame. I already have some DPW shares I'm holding for growth, so this would be more of a short term capital generator.AgsnFly said:Touchless said:Anyone have any thoughts on this? Trying to figure out if there's some angles I'm not thinking of or why it would be a bad play.Touchless said:
I need some opinions on a play I'm thinking of doing. Can use the below in any multiples, but thing of twice as many puts as calls and an equal number of shares to covered calls.
Selling 2 DPW March puts at $1.60 each, selling 1 DPW $6 covered call for $1.25 and then using the $445 from that to buy 100 shares at $5.5 or so. Total out of pocket is only $100 roughly and if over $6 in a month, then I receive the $600 obviously. 5x return in a month if over $6.
If under $6, then I'd have 300 shares for $1,300 out of pocket so average cost of $4.33.
Selling the puts and doing the buy-write are identical trades from a risk perspective. The volatility skew should tell you which one has higher returns.
On the plus side, my tax liability for 2021 is already looking better than 2020.
Mostly Foggy Recollection
Joined:
Oct 5, 2020
Posts:
7,684
How long do you want to ignore this user?
i missed my limit buy to avg down WWR by $0.03. guess that was best as I really dont need to keep adding too much to individual positions.
That said, Averaged down SNDL a bit at least.
TLRY, CLOV and WWR are eating my portfolio alive atm. I dont need to act on them, but it would be nice if they would just go back to previous support so that I dont see such a massive negative number...
That said, Averaged down SNDL a bit at least.
TLRY, CLOV and WWR are eating my portfolio alive atm. I dont need to act on them, but it would be nice if they would just go back to previous support so that I dont see such a massive negative number...
Sounds great! I'm in!Ags2013 said:
Let's do a little better tomorrow
Anyone looking at PTON here at $125? May be a good candidate for some $130-135 calls out 30-60 days....
TxAG#2011 said:
All the ARK plays are getting melted
The ARK funds are down 3-5%. Rough day for something that seems like nothing but gains for a year. That being said, if the market is in fair shape when it comes time I might buy a ton of ARKX.
My $6 March 5 ET call I bought for $0.65 is currently $1.6. I got greedy and put a limit of $1.65 on the sell and the bids never got back over $1.45. So I feel like I missed a big opportunity to sell for a near $1.00 profit because I was greedy over $0.05. Hopefully the energy sector keeps going up like it did today and this thing doesn't lose too much value before I can get rid of it. Owning the shares wouldn't be the worst thing, but I'd rather just make the profit now.
Apple takes the lead in the global cellphone market.
Stock drops another 3%.
Good times.
Stock drops another 3%.
Good times.
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
$BIGC up after earnings announcement. Revs up more than expected!
not trying to be mean, but i've noticed you post a lot about being negative. maybe you're checking it too frequently...ag94whoop said:
i missed my limit buy to avg down WWR by $0.03. guess that was best as I really dont need to keep adding too much to individual positions.
That said, Averaged down SNDL a bit at least.
TLRY, CLOV and WWR are eating my portfolio alive atm. I dont need to act on them, but it would be nice if they would just go back to previous support so that I dont see such a massive negative number...
set some alerts so that you can check back in when there's a run upward.
CCL offering, may be a good time to pick up some cheaper shares going into the reopening.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Mostly Foggy Recollection
Joined:
Oct 5, 2020
Posts:
7,684
How long do you want to ignore this user?
You are not wrong.... at first glance.
They guided higher for the next year too. This should be on everyone's buy list. I don't rec options but if you like options look at Q4, IMO.Running with the Bulls said:
$BIGC up after earnings announcement. Revs up more than expected!