Question on cc's and getting called out. If that usually happens on the exp date, does it only matter if the price passes the strike on that day? If you have a 25 strike and the price hits 26 mid week but drops to 24 on expiry, what happens. Nothing? Hopefully that makes sense.
Stock Markets
24,766,069 Views |
233466 Replies |
Last: 8 min ago by ProgN
MARA running
if it is too obvious, do the oppositeMostly Foggy Recollection said:
Funny three posts in a row.
for next week 3/12?FJ43 said:SameMostly Foggy Recollection said:
Added 3/12 370 puts on that move.
When it hits 26, you COULD be called out by whoever holds the call. But 99.9% chance that would not actually happen.
If you didn't get called out and it finishes OTM, it expires.
If you didn't get called out and it finishes OTM, it expires.
I did 3/19
Mostly Foggy Recollection
Joined:
Oct 5, 2020
Posts:
7,767
How long do you want to ignore this user?
Yes, mine was 3/12. 30Ks 3/19 would work too.
TecRecAg said:
When it hits 26, you COULD be called out by whoever holds the call. But 99.9% chance that would not actually happen.
If you didn't get called out and it finishes OTM, it expires.
Thanks! So chances of getting called out are generally low?
Decided to hold in to the weekend.
Equal parts:
3/12 370P SPY
3/19 400C SPY
I'll let you guess in which order I hope to sell them.
Equal parts:
3/12 370P SPY
3/19 400C SPY
I'll let you guess in which order I hope to sell them.
Jet Black said:
Question on cc's and getting called out. If that usually happens on the exp date, does it only matter if the price passes the strike on that day? If you have a 25 strike and the price hits 26 mid week but drops to 24 on expiry, what happens. Nothing? Hopefully that makes sense.
Think about it this way. If you own the 25 call option and have the right to buy the stock at $25, but it is trading at $24, which one would would you prefer to buy? The $24
Same situation, you own the 25$ call, and you decide to sell out shares when it hits 26$, Knowing that you have the option to exercise them at $25 to cover. But before the end of the day, the stock traded below 25$ down to $24, you would buy the $24 stock and let the option expire worthless
Yes, but only because of the $1 difference in your scenario. If mid week it was at $50 on a $25C, you will most likely be called out unless someone is stupid greedy.
Mostly Foggy Recollection
Joined:
Oct 5, 2020
Posts:
7,767
How long do you want to ignore this user?
Don't disagree.
I did 3/12 on SPY 370s puts. Not a lot just some.CPDAggie10 said:for next week 3/12?FJ43 said:SameMostly Foggy Recollection said:
Added 3/12 370 puts on that move.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
NXTD....35% swing today. Good trade to those who took that one (know 30k did)
I'm long on it.
I'm long on it.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Buy buy buy come on Ags!!!
Mostly Foggy Recollection
Joined:
Oct 5, 2020
Posts:
7,767
How long do you want to ignore this user?
What a Friday.
Basically broke even on the day. Picked up discounted shares of WWR in the process though.
What a Friday indeed. Down 20% - finished up 3%
Good gravy.
Good gravy.
no kidding. I'm exhausted just browsing this thread
Decay said:You might want to go long on barf bagsAggiesincebirth said:
I need FUBO to recapture $30 today to make me not throw up.
Pin the tail on the donkey! If I'm throwin up tonight it won't be because of FUBO ending the day sub $30. Man upstairs watching out for my health
FJ43 said:
NXTD....35% swing today. Good trade to those who took that one (know 30k did)
I'm long on it.
Yep, I added shares of NXTD, WWR, QD and a couple others. Should be good long term pickup at those prices.
Haha, nice.Aggiesincebirth said:Decay said:You might want to go long on barf bagsAggiesincebirth said:
I need FUBO to recapture $30 today to make me not throw up.
Pin the tail on the donkey! If I'm throwin up tonight it won't be because of FUBO ending the day sub $30. Man upstairs watching out for my health
Mostly Foggy Recollection
Joined:
Oct 5, 2020
Posts:
7,767
How long do you want to ignore this user?
UAVS sub 5 may be a bigger steal than SQ 200.
What a finish to the day / week.
Go big BrewBREwmaster said:put together some sweet spreads out to April, trying to get a fill on June as well. borrowing McInnis idea on another stock.BREwmaster said:buy time baby! i'm setting some MARA call spreads.jimmo said:
BTC futures flipped to green
where's my MARA/ RIOT?
no flip?
oh, you. are. ***t.BREwmaster said:put together some sweet spreads out to April, trying to get a fill on June as well. borrowing McInnis idea on another stock.BREwmaster said:buy time baby! i'm setting some MARA call spreads.jimmo said:
BTC futures flipped to green
where's my MARA/ RIOT?
no flip?
***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
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,951
How long do you want to ignore this user?
My two trades for today other than buying back some CCs were buying those UBER $37C back at $0.78 before selling half to go net free and buying a bunch of WWR at $4.18.
Somehow ended up with a big green day, though it was quite the ass kicking of a week.
Somehow ended up with a big green day, though it was quite the ass kicking of a week.
Ugly week for me. Down 15% on the week.
Still up 30% YTD. I learned a lot this week...unfortunately at a tremendous cost. CCs made the damage a little less painful.
Also with oil back up in the $60s, this real job is now officially getting in the way of my trading.
Time for Friday Beers.
Still up 30% YTD. I learned a lot this week...unfortunately at a tremendous cost. CCs made the damage a little less painful.
Also with oil back up in the $60s, this real job is now officially getting in the way of my trading.
Time for Friday Beers.
Well ladies and gentlemen....SPY
We closed just barely above the Model T from the SPY high to yesterday's low. Positive sign at least. Solid volume today and lots of buying for 2/3 of the day today. Getting to several levels today was big. Not out of the woods at all IMO but encouraging. Need to see us grab the 21 EMA.
Couple extra notes:
Close was back in the long term channel
Grabbed the 50 day and 8 day again.
Reclaimed -1 ATR and bounced the ATR
Not too shabby....
SPY finish below....
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
I needed some good news to start my weekend and you did not disappoint! On that note I'll sign off and smile for the first time this week
Congrats! Up 30% TYD is a great accomplishment. While I am sure it looked better a few days ago 30% in 60ish days most would kill for.CPDAggie10 said:
Ugly week for me. Down 15% on the week.
Still up 30% YTD. I learned a lot this week...unfortunately at a tremendous cost. CCs made the damage a little less painful.
Also with oil back up in the $60s, this real job is now officially getting in the way of my trading.
Time for Friday Beers.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Well what started out looking like it was going to be a terrible, horrible, no good week (this morning I was down 15% at one point), ended up not being bad.
Actually closed up on the week by 1.5% - little victories!
Actually closed up on the week by 1.5% - little victories!
Awesome glad it gave you some encouragement. Have a great weekend recharging!Aggiesincebirth said:
I needed some good news to start my weekend and you did not disappoint! On that note I'll sign off and smile for the first time this week
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Featured Stories
See All
13:00
2h ago
1.6k
Key Matchups: No. 15 Texas A&M vs. New Mexico State
by Olin Buchanan
11:34
4h ago
1.5k
Ags host Buckeyes with an early-season Quad 1 opportunity at stake
by Olin Buchanan
Bid on Legacy Club tickets to Saturday's Texas A&M vs. NMSU game!
by Texas Aggies United
ConfidentAg
Michigan to Offer 5 Star LSU QB Commit 8 Figure Deal
in Billy Liucci's TexAgs Premium
39