Was the Saturday session the into session or the advanced session?

Your tweet is gone. What did that say?

irish pete ag06 said:

---

Was the Saturday session the into session or the advanced session?

---

Intro session

irish pete ag06 said:

---

Was the Saturday session the into session or the advanced session?

---

Into session

ag94whoop said:

---

irish pete ag06 said:

---

Was the Saturday session the into session or the advanced session?

---

Intro session

---

Esteban du Plantier said:

---

Can I get some opinions on this one?

Back in Q1 2020, 2 funds bought a quarter of the company.



And on Friday, someone bought 1.70MM shares in a minute with essentially no volume rest of the day.



Financials don't look super, but $2 companies are $2 for a reason.

---

that daily weekly chart sure looks good IMHO.
I'm terrible at deciphering financial data - but it sure doesn't look horrible to me.
yahoo reports the company has 44% institutional investment

Hope FUBO runs all the way to $49.99 this week.

irish pete ag06 said:

---

Was the Saturday session the into session or the advanced session?

---

It was intro, but felt more intermediate because there was a lot of talk about options w/o going into the particulars of how to do them.

Here's my one warning - cool tech, they'll get crushed by scale if they don't have a specific credit benefit for land/waste production. They need 3-5 months to produce 6,000 barrels of an on spec RD. Production here in the US (veg oil, animal fat, uco feedstock) is spooling up at refineries the size of 10,000 bbl/day and larger. Abroad it's even bigger - 100,000 / day and larger.

That said, there's still a niche to carve out with that tech, the headlines make sense. I'd be curious if they're able to deliver on spec in time as it sounds like they are still building the sulfur tech needed to lower the PPM.

Esteban du Plantier said:

---

Can I get some opinions on this one?

Back in Q1 2020, 2 funds bought a quarter of the company.



And on Friday, someone bought 1.70MM shares in a minute with essentially no volume rest of the day.



Financials don't look super, but $2 companies are $2 for a reason.

---

Low volume seems hard to trade. If you own it you will be waiting for just the right buyer or the whims of the big boys who are looking to profit at someone's expense (yours!)

Most of these biofuels from plastics have a common issue - plastic feedstock. Like woodchips, once there is a demand, the cost of feedstock goes up -- no one ever includes that in their plans of "50-100 units!". Also, with Biden in the White House, there are 10,000's of containers already loaded to send this plastic / metal waste back to China (that door had been closed under Trump). Therefore, I personally don't trust the WTE companies who have such a limited feedstock. The only ones that COULD go forward are those that use black-bag MSW or some fixed and reliable waste stream as a feedstock.

Pretty much all the WTE technology companies have gotten a bump lately -- AMTX, GEVO, AMRS, etc. They're all moving up regardless as to whether they have a viable product or not.

davidlamb said:

---

Most of these biofuels from plastics have a common issue - plastic feedstock. Like woodchips, once there is a demand, the cost of feedstock goes up -- no one ever includes that in their plans of "50-100 units!". Also, with Biden in the White House, there are 10,000's of containers already loaded to send this plastic / metal waste back to China (that door had been closed under Trump). Therefore, I personally don't trust the WTE companies who have such a limited feedstock. The only ones that COULD go forward are those that use black-bag MSW or some fixed and reliable waste stream as a feedstock.

Pretty much all the WTE technology companies have gotten a bump lately -- AMTX, GEVO, AMRS, etc. They're all moving up regardless as to whether they have a viable product or not.

---

Thanks for your insight. Makes sense for companies using a scarce feedstock. Seems like this technology can use essentially any organic material - landfill garbage. Maybe not the efficiency you get from a cleaner stock, but I cannot see the price of garbage going unreasonably high.

I'm not married to the idea/stock. Just looking for something interesting and wanting to bring it here to discuss.

Silver looking good.

agdaddy04 said:

---

irish pete ag06 said:

---

Was the Saturday session the into session or the advanced session?

---

It was intro, but felt more intermediate because there was a lot of talk about options w/o going into the particulars of how to do them.

---

Ok. This one must have been for the people who didn't attend the first one. I was an attendee of that one.

agdaddy04 said:

---

irish pete ag06 said:

---

Was the Saturday session the into session or the advanced session?

---

It was intro, but felt more intermediate because there was a lot of talk about options w/o going into the particulars of how to do them.

---

Feel free to ask questions!

Yeah, I'm the couple-hundred-shares-of-a-$2-stock type of guy (especially on something that's my own idea and not well-supported by the group), so wouldn't be in the same boat trying to get filled as some of our bigger players.

Forgive me for continuing to obsess over $AAPL.....

17.63MM vol at the closing minute on Friday.

I don't know when the last time was that we saw that kind of volume at the close.

Hunting around for potential goal post setups.

Found a couple interesting ones.

First JE. Interesting stock since in Houston based. Used to be over $100. In October, the arrow was 46 million volume then not much going on until January with several days of volume and few dollar increase then drop. Then some news about impact from winter storm then another 38 million volume Friday.

Searched Twitter a bit and some other folks tagged it on their scans. Could a big run be coming? It looks like it might have options but the calls look wierd in TOS and nothing but March.

http://imgur.com/a/3W0HVc4

kyledr04 said:

---

Hunting around for potential goal post setups.

Found a couple interesting ones.

First JE. Interesting stock since in Houston based. Used to be over $100. In October, the arrow was 46 million volume then not much going on until January with several days of volume and few dollar increase then drop. Then some news about impact from winter storm then another 38 million volume Friday.

Searched Twitter a bit and some other folks tagged it on their scans. Could a big run be coming? It looks like it might have options but the calls look wierd in TOS and nothing but March.

http://imgur.com/a/3W0HVc4

---

I was hoping some more seasoned guys would give their thoughts. They announce they're at risk of bankruptcy, and then a massive volume green day.

Here's the 1min volume chart. I would estimate that the bulls ended the day with more shares, but cannot quantify that. Does anyone know of a study, etc. in TOS to calculate relative volume from green bars vs red bars?

Certainly didn't look like a selloff.

Another possible goal post with the left side waiting for the right side is CPSS.

6 million one day in Oct. Not much since. Avg around 50k a day.

http://imgur.com/a/ZMWmEt4

kyledr04 said:

---

Another possible goal post with the left side waiting for the right side is CPSS.

6 million one day in Oct. Not much since. Avg around 50k a day.

http://imgur.com/a/ZMWmEt4

---

Looks like a reaction to news, not institutional buying:

https://www.nasdaq.com/articles/stock-alert%3A-consumer-portfolio-jumps-35-on-acquisition-proposal-2020-10-08

Esteban du Plantier said:

---

kyledr04 said:

---

Another possible goal post with the left side waiting for the right side is CPSS.

6 million one day in Oct. Not much since. Avg around 50k a day.

http://imgur.com/a/ZMWmEt4

---

Looks like a reaction to news, not institutional buying:

https://www.nasdaq.com/articles/stock-alert%3A-consumer-portfolio-jumps-35-on-acquisition-proposal-2020-10-08

---

Good catch, missed that scrolling through the news feed

Other than Roblox and Coinbase, any other interesting direct listings coming up soon?

Esteban du Plantier said:

---

jeremy said:

---

I'm still catching up on this last page so some of this might have been discussed. I'm trying to learn how you go net free without your underlying stock doubling.

In the seminar yesterday, Old Army said, "I want to go net free without selling more than 50% of my underlying stock."

How do you use options to do that? If anyone is ballsy enough to answer my question, please speak to me like I'm five. In other-words, so many of ya'll say things like "use a call" do you mean buy a call? Sell a call? Set up a covered call situation? I just miss so many of the little nuances of the conversations that I am totally lost on how to leverage options.

Also, I've never understood why the word hedging always brings up SPY and QQQ. Do those to follow most of the market or do the opposite? I feel like I'm learning, but if I could shore up a few of these concepts, I could be tracking with this thread much better.

Thanks for anyone who decides to explain these things.

---

I'll use REI as an example.

I bought at about $1.50, so need $3 to double.

But the premium on $2.5 calls was pretty elevated, $0.50.

So I sold $2.50 calls on half my shares for $.50. If I get called out at $2.50, my real price is $3 with the premium recieved.

If it doesn't hit $2.50 by expiry, I'll sell that call again a couple months out, making another ~$0.50. Keep doing that 3 or 4 times and my stock is free and it doesn't have to move a penny.

---

Seems so simple. Thanks so much! Why wouldn't weeklys be a better way to achieve this? They just don't have as high of a premium as something a month or longer expiration date?

I have a dumb question that just hit me since I've never traded options

When you sell CCs for instance, and they expire and you "average down" your cost. Does the trading platform actually do that for you or do you need to track that yourself to keep track of your impact on cost

In other words, I have a $10 stock and sell CCs for 1/2 shares for $1. And they expire. I have effectively averaged price down to $9.50. Does the platform show that or just show the revenue and you have to track that on an excel sheet yourself

Exactly. The weekly has much less value left in it. With theta accelerating towards expiry, you get a lot of decay the last few days, so could sell the weekly repeatedly and make more than selling the monthly, but the added commissions start to eat into it. Plus if it moons, you only get your strike plus $.08(for example) rather than strike plus $.50 selling the 45 day-to-expiration.

Esteban du Plantier said:

---

ag94whoop said:

---

I have a dumb question that just hit me since I've never traded options

When you sell CCs for instance, and they expire and you "average down" your cost. Does the trading platform actually do that for you or do you need to track that yourself to keep track of your impact on cost

---

I have my own excel file that I use to track all my trades. On TOS and Fidelity, the share avg price is not affected by your options premium.

---

Ok that's what I figured but i figured I would ask

The last two weeks scared me regarding options but happy to keep learning.

Esteban du Plantier said:

---

Exactly. The weekly has much less value left in it. With theta accelerating towards expiry, you get a lot of decay the last few days, so could sell the weekly repeatedly and make more than selling the monthly, but the added commissions start to eat into it. Plus if it moons, you only get your strike plus $.08(for example) rather than strike plus $.50 selling the 45 day-to-expiration.

---

I got something right!? I may be on the path to true learning. Thanks for the help. I really feel like some of the concepts are so simple, the knowledgeable brush over it.

Thanks again!

Someone wake me from this dream. I got up to pee, looked at the futures, and it was quite positive.

Now I can't sleep. Visions of Lucy and a football come to mind.

It's like a dream within a dream. Like Inception.