Is MBIO done? I sold covered calls and am hedged a little but it is now getting a little concerning. Thoughts?
This has been my approach on longer hold stocks that I wouldn't mind averaging down on. I've been selling quite a few naked puts for decent premium at strikes that would have seemed crazy a few weeks ago. I have a few that have gone in the money, but if I get assigned so be it....with the juiced premiums my entry will be far less than if I had tried averaging down over the past several days. And I think if we get a modest bounce off this correction in the coming weeks, I will end up with very few that actually expire in the money, so just pocket some decent premium. Either way I'm fine with the result.$30,000 Millionaire said:
I did sell April $OPEN 17P for 2.30. I'll own that for $14.7
DisAg said:There is some reporting going around that the original shorts from the gamma squeeze. They report that they "Faked" covered. A lot of it is WAY above my head, but it has to do with calling long options to fake cover? I maybe off on the linguistics of it, but either way it is illegal.Jet Black said:DisAg said:
I have this feeling gme is going to rip AH
Because?
Anyways, they are saying depending on what GME stays at on close, a lot of margin calls will be called by EOD today. 135 = x margin calls, 140 = more x margin calls, etc etc. So the higher it finishes at EOD, the more margin calls made, which means the shorts have to really cover unless they pull shenanigans again.
Maybe a bunch of BS, but the fact the price has stayed steady despite the market correction leads me to believe they might be on to something.
YNWA_AG said:PWestAg18 said:
Anyone who is much smarter than me and know what they're doing with charts have any advice on AMD's movement? Last three months have been up and down with an overall downward trend.
I've held amd since the 10s. Amd loves to trade in these ranges for months. Amd traded in the 9 to 12 range for around half a year in 17/18.
Same thing around the 30s and 50s. Same type of range going on now. I would definitely load up if ever gets close to that 74-75 mark.
OA, foggy, 30k or someone else might be able to provide more insight for you.
amd and Xilinx are positioned to make a combined 20 bil in revenue around 2022-2023. Intel is expected to be not competitive at all until late 2021, but more likely 2022. Very bullish the next couple of years personally.
i am also OK with round tripping this (e.g. it gets back to 80% of what I sold it for on a bounce, I will sell it again).$30,000 Millionaire said:
I also bought back WWR April 7.5C early at 60% profit. I am going to wait for a bounce and will resell a further out 7.5 or 10C
When you do this how far out is "further"? and I assume you don't do your entire position of covered calls but a percentage correct? Assuming you own the stock and selling calls is how I am reading this?$30,000 Millionaire said:i am also OK with round tripping this (e.g. it gets back to 80% of what I sold it for on a bounce, I will sell it again).$30,000 Millionaire said:
I also bought back WWR April 7.5C early at 60% profit. I am going to wait for a bounce and will resell a further out 7.5 or 10C
Is it as delicious as I think it is? I probably drink more topo chico than actual water at this point59 South said:You got it. QQQ to the moon!BenRev09 said:
LOL not fair that it's already happy hour across the pond, rubbing salt in the wound
DisAg said:There is some reporting going around that the original shorts from the gamma squeeze. They report that they "Faked" covered. A lot of it is WAY above my head, but it has to do with calling long options to fake cover? I maybe off on the linguistics of it, but either way it is illegal.Jet Black said:DisAg said:
I have this feeling gme is going to rip AH
Because?
Anyways, they are saying depending on what GME stays at on close, a lot of margin calls will be called by EOD today. 135 = x margin calls, 140 = more x margin calls, etc etc. So the higher it finishes at EOD, the more margin calls made, which means the shorts have to really cover unless they pull shenanigans again.
Maybe a bunch of BS, but the fact the price has stayed steady despite the market correction leads me to believe they might be on to something.
It is truly outstanding. Saw it at Sainbury's the other day and impulse bought this and a tangy lemon lime flavour as well which is ok but not nearly as good as this one. I was shocked to see this here. Brexit maybe? Somehow they now have legit tortillas here now too instead of just old el paso. Times are a changin.ClutchCityAg said:Is it as delicious as I think it is? I probably drink more topo chico than actual water at this point59 South said:You got it. QQQ to the moon!BenRev09 said:
LOL not fair that it's already happy hour across the pond, rubbing salt in the wound
I just got filled for.29 on them.third coast.. said:
$DNN April 1c for .22. Seems pretty good.