most of my holdings seem to have rebounded back after that brutal drop. what the heck happened??
Stock Markets
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Last: 2 min ago by Number Monkey
Down 26% across the board in just one week... and I'm basically just all shares and some 3/19 MARA calls
NIO
NHL
APPL
MBIO
SNDL
WWR
MVIS
PHUN
UWM
All kicking me in the pants
NIO
NHL
APPL
MBIO
SNDL
WWR
MVIS
PHUN
UWM
All kicking me in the pants
You know it's a rough morning when you wake up and look at your phone and the first Twitter notification is from someone saying "Don't Panic Sell!"
Diamond hands fellas.
What's up with CIDM? Their report yesterday seemed good to me. It is nosediving.
Have you seen the entire market also nosediving?
Those who sat it out should begin slowly cherry picking. WWR hit mid $5's for a steal.
My accounts are red short term because covered calls are out so far that it takes time for decay to add to underlying share value.
Crypto's hit hard by big drop. You knew it wasn't going to keep just endlessly rising and even with 100% covered calls on trades like EBON it's going to take time for balance arbitrage.
I had a neighboring property oil well slush tank empty into one of my properties lake, so dealing with an ecological mess. I'm going to own that oil company! My place smells like a refinery.
My accounts are red short term because covered calls are out so far that it takes time for decay to add to underlying share value.
Crypto's hit hard by big drop. You knew it wasn't going to keep just endlessly rising and even with 100% covered calls on trades like EBON it's going to take time for balance arbitrage.
I had a neighboring property oil well slush tank empty into one of my properties lake, so dealing with an ecological mess. I'm going to own that oil company! My place smells like a refinery.
Thank God for my O&G stocks. Of course, I bought them before the COVID crash, but hey, they are climbing back baby!
I did not see your post until after I posted mine! Sorry about that.
But, not all O&G companies are bad - just the one by you.
But, not all O&G companies are bad - just the one by you.
MOCO9 said:
What's up with CIDM? Their report yesterday seemed good to me. It is nosediving.
What I read what investors were expecting better earnings despite all their new advancements.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Ouch! Sorry to hear that.
Yeesh, that's a lot of stocks -10%+ premarket...going to avoid looking at the opening for my accounts
A few days after opex. Go figure
Fwiw, at 5:03 when I saw that everything in my port had tanked, not one single order I placed went through. 2-3-4 cents above list price (in small quantities)...and nothing. Manipulation to force sells that only the big dogs can buy.
oldarmy1 said:
Those who sat it out should begin slowly cherry picking. WWR hit mid $5's for a steal.
My accounts are red short term because covered calls are out so far that it takes time for decay to add to underlying share value.
Crypto's hit hard by big drop. You knew it wasn't going to keep just endlessly rising and even with 100% covered calls on trades like EBON it's going to take time for balance arbitrage.
I had a neighboring property oil well slush tank empty into one of my properties lake, so dealing with an ecological mess. I'm going to own that oil company! My place smells like a refinery.
Yikes! I'm guessing they will be all over it to get it fixed ASAP. Should you end up owning it you'll have some stock holders around here I bet.
Good luck today getting that sorted out.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
No secondary containment? Call the RR commission.
Who's the operator?
Charismatic Megafauna
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AG
Bought arkk, pltr, uwmc just now. When is this recession canceled?
Oa that's rough on the property damage, saw your posts on the ob as well. Hope the company has deep enough pockets to make you whole.
Oa that's rough on the property damage, saw your posts on the ob as well. Hope the company has deep enough pockets to make you whole.
Looks like SNSS is ripping today. One bit of good news for my trading account.
three eyed fish taste just as good as two eyed fish!oldarmy1 said:
Those who sat it out should begin slowly cherry picking. WWR hit mid $5's for a steal.
My accounts are red short term because covered calls are out so far that it takes time for decay to add to underlying share value.
Crypto's hit hard by big drop. You knew it wasn't going to keep just endlessly rising and even with 100% covered calls on trades like EBON it's going to take time for balance arbitrage.
I had a neighboring property oil well slush tank empty into one of my properties lake, so dealing with an ecological mess. I'm going to own that oil company! My place smells like a refinery.
I will speculate that we end the week near where we started.
NRD09 said:
Bought arkk, pltr, uwmc just now. When is this recession canceled?
Oa that's rough on the property damage, saw your posts on the ob as well. Hope the company has deep enough pockets to make you whole.
Same on PLTR for me on the dip down early.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Going to do my heart a favor and avoid the market today
Bob Knights Paper Hands
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Posts:
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Energy (oil), finance, industrials, and airlines look to be the only sectors up right now. This could be manipulation, but it could also be normal rotation and we're seeing how fast these retail darlings tank when newer investors start losing even small percentages. Not a bad thing to keep in mind moving forward.
I trimmed my airline LEAPs a few weeks ago, oops.
I trimmed my airline LEAPs a few weeks ago, oops.
I had minimized my open positions to covered calls and net free / MA positions before initiating my transfer to IBKR early yesterday.
I should do this more often, keeping me from trying outsmart / trade my way out of a few red days waiting for "balance arbitrage" (stealing that)
Just relax and enjoy the premium decay. We'll be back
I should do this more often, keeping me from trying outsmart / trade my way out of a few red days waiting for "balance arbitrage" (stealing that)
Just relax and enjoy the premium decay. We'll be back
Mostly Foggy Recollection
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Yep! XOM up nicely again PM
With so many stocks falling, your covered calls should be cheap to buy back and lock in profit. And there could be opportunities to buy low or execute cheaper puts (less premium, but also lower basis if assigned). Look at support and resistance levels going back 1-3 months and even a year or more. Draw Fibonacci retracements and you will see a lot of these like WWR pinballing between different levels.
My eyyyeeesssssss
Damn all red. Guess this is one of those days I just need to probably not watch
I have found on days like these, it's best to put my TOS in "privacy mode" so I can't even see the overall damage...
Do you remember, bloody red days of September?
Mostly Foggy Recollection
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Looking at picking up more pltr this morning.
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