Did you ever post what ticker this was for?
UWMC ended up having a crazy volume day on it's chain.
UWMC ended up having a crazy volume day on it's chain.
The technicals on the macro markets look like crap so support on stocks are meaningless at this point. However, FUBO guided higher for the remainder of this year above expectations, IMO this should be accumulated. Maybe buy some at 32 and wait before you add more. You will either average down or buy some higher but when it's on the way up. I believe FUBO is an easy double from today's price before December.sts7049 said:
what's the guess on FUBO? is it gonna hold at 32 or break lower?
They guided lower. This is not the environment to do that, especially after IPOing.McInnis 03 said:
Woah, SNOW look out below. yowza
FJ43 said:
I might be irresponsible on DPW if this slides between 3.57 and 3.36.
Mostly Foggy Recollection said:
I wouldn't be shocked if we finished the week at 390 or higher.
I could see a gap down to 378, maybe 375. If we get to 375, I'll cash my April Monthlies
FUBO running a bit after hours...Prognightmare said:The technicals on the macro markets look like crap so support on stocks are meaningless at this point. However, FUBO guided higher for the remainder of this year above expectations, IMO this should be accumulated. Maybe buy some at 32 and wait before you add more. You will either average down or buy some higher but when it's on the way up. I believe FUBO is an easy double from today's price before December.sts7049 said:
what's the guess on FUBO? is it gonna hold at 32 or break lower?
Prognightmare said:The technicals on the macro markets look like crap so support on stocks are meaningless at this point. However, FUBO guided higher for the remainder of this year above expectations, IMO this should be accumulated. Maybe buy some at 32 and wait before you add more. You will either average down or buy some higher but when it's on the way up. I believe FUBO is an easy double from today's price before December.sts7049 said:
what's the guess on FUBO? is it gonna hold at 32 or break lower?
Thinking the same thing. BTC looks like it's building some momentum. These crypto companies are going to pop soon. I may set an AH purchase at $3.55 and see what happens. I'm in at $6.98 right now so worst case I double my position and cut my cost. My 3/19 $13c is worthless so if I double share count I'd roll the whole thing to June expiration as there is no May.FJ43 said:
I might be irresponsible on DPW if this slides between 3.57 and 3.36.
Pretty sure FIFOjwhitlock3 said:
After hours question, trying to catch it will things are slow.
When you sell a covered call, how does the broker assign which of your shares to sell? Is it set the same as the default? For example, say I've reached my max limit of shares I want to hold with WWR, 1000 shares at $5 average, but I want to pick up another 400 "trading" shares and cover half those with 7.5calls and hold the over half just to swing.
In this case, I have it set to sell off the highest cost shares first, but I wasn't sure if this applies to covered calls as well. Anyone know?
It should be. With their earnings call yesterday a 18.5% drop today was just absurd.BREwmaster said:FUBO running a bit after hours...Prognightmare said:The technicals on the macro markets look like crap so support on stocks are meaningless at this point. However, FUBO guided higher for the remainder of this year above expectations, IMO this should be accumulated. Maybe buy some at 32 and wait before you add more. You will either average down or buy some higher but when it's on the way up. I believe FUBO is an easy double from today's price before December.sts7049 said:
what's the guess on FUBO? is it gonna hold at 32 or break lower?
fuboTV Secures Market Access Agreements for Forthcoming fubo Sportsbook in Indiana, New Jersey Through Caesars Entertainment Inc.
ag94whoop said:FJ43 said:
I might be irresponsible on DPW if this slides between 3.57 and 3.36.
You're killin me smalls
AWKWARD! Clearly he wasn't responding to Killin Me Smalls!Killin Me Smalls said:ag94whoop said:FJ43 said:
I might be irresponsible on DPW if this slides between 3.57 and 3.36.
You're killin me smalls
LOYAL AG said:AWKWARD! Clearly he wasn't responding to Killin Me Smalls!Killin Me Smalls said:ag94whoop said:FJ43 said:
I might be irresponsible on DPW if this slides between 3.57 and 3.36.
You're killin me smalls
Or could FJ and Killin Me Smalls actually be the same person? Hmmm...
jwhitlock3 said:
After hours question, trying to catch it will things are slow.
When you sell a covered call, how does the broker assign which of your shares to sell? Is it set the same as the default? For example, say I've reached my max limit of shares I want to hold with WWR, 1000 shares at $5 average, but I want to pick up another 400 "trading" shares and cover half those with 7.5calls and hold the over half just to swing.
In this case, I have it set to sell off the highest cost shares first, but I wasn't sure if this applies to covered calls as well. Anyone know?
Drillbit4 said:
OKTA killed earnings. Made $0.06 vs estimates of losing -$0.42.
Rewarded with a 10% drop.
no expert, but I think the best traders here I follow think 378 is certainly in play (then a quick rip to 390, maybe even by Friday).Aggie118 said:
I apologize as I've been in the field a lot lately and haven't been able to keep up on here , to our resident experts, do we see this pull back continuing on into the foreseeable future or do you see it starting to get back to where it was a couple weeks ago? Thanks!
Absolutely, that's what we've seen all earnings season. I'm more of a weekly cc trader so that's what I've had since buying at what turned out to be FUBO's peak a couple of weeks ago. Yesterday I actually bought a $40p for $2.70 that I was able to sell immediately today for $4 then watch it run up to about $7! Still that's $1.30 to offset the disaster that has been this position to date.BREwmaster said:
typical in this market, sell the news. I sold a cc which partly offset the drop. I might add more tomorrow if SPY visits 378ish.
No problem. What question is this for?Ukraine Gas Expert said:
You're probably tired of explaining but why? What would you do in this situation?
I haven't started option buying, still trying to watch the process.
Prognightmare said:The technicals on the macro markets look like crap so support on stocks are meaningless at this point. However, FUBO guided higher for the remainder of this year above expectations, IMO this should be accumulated. Maybe buy some at 32 and wait before you add more. You will either average down or buy some higher but when it's on the way up. I believe FUBO is an easy double from today's price before December.sts7049 said:
what's the guess on FUBO? is it gonna hold at 32 or break lower?
Today was the 8th day we basically tested the 50 day since 1/27. We actually closed just above it today so it will not surprise me at all to test 378.25 area as we have on 2/2 and 2/26. IF we bounce hard there and bulls get engaged I think we could fire up to 390.That happened on 3/1 in terms of overall range.BREwmaster said:no expert, but I think the best traders here I follow think 378 is certainly in play (then a quick rip to 390, maybe even by Friday).Aggie118 said:
I apologize as I've been in the field a lot lately and haven't been able to keep up on here , to our resident experts, do we see this pull back continuing on into the foreseeable future or do you see it starting to get back to where it was a couple weeks ago? Thanks!