I am holding back to $2+. They should be debt free and sitting on a pile of cash earnings or not. With pot about to be legalized this one for me I will wait out this next round a while.HoustonAg_2009 said:
Are we holding SNDL through earnings this Wednesday?
Yeah I am holding to at least $2.25. I think TLRY will likely run parallel and go up to $60-70 again when the national legalization news picks up again.FJ43 said:I am holding back to $2+. They should be debt free and sitting on a pile of cash earnings or not. With pot about to be legalized this one for me I will wait out this next round a while.HoustonAg_2009 said:
Are we holding SNDL through earnings this Wednesday?
Kicking myself for not exiting 100% at almost $5 a while back.
Snagged some for .55 earlierfrankm01 said:
$SOS: Stock price 8.00, 3/19 10C can be sold for $.50.
FJ - the daily chart looks really extended right now (at 12:53 central time) above the 394.48 trendline from Friday. Is this what it looks like when you switch to buy puts at say 394?FJ43 said:I began the day with a 3/17 put I added at close Friday. Sold into the opening dip. Since then I have been trading 3/19s. Probably Thursday and for sure Friday I will switch to next weekcptthunder said:Blind squirrel finding a nut on that one, Ive been following your SPY post and know youve just got going on this but is your plan to usually stick with Friday expiring options or at what point do you plan to skip to the next week?FJ43 said:Yeah I missed a bunch more gain there. Hit my level and sold. All good. Added calls one stop too early but I am only buying ITM in this range. All 3/19s calls/puts. Have a little recovery to do on last buy.cptthunder said:Looks like some acceleration towards 393.40 this time, could break lower here with any volumeFJ43 said:
SPY
So far today less scalp trades as it is working narrow range between 394.10 & 393.40 for the most part. I suspect it will break one direction at some point.
Same day are too sporty for me or I need to start drinking.
Edit: Also I am paying attention to SKEW, ATHs, etc. I will add more puts with those are high.
Until an owner has had a few too many and cracks open the DOGweiser and takes a swig.ClutchCityAg said:
BUD calls?
Yep. When we hit or come close to a resistance line (especially a major daily line) and looks to bounce.StrawberryFields said:FJ - the daily chart looks really extended right now (at 12:53 central time) above the 394.48 trendline from Friday. Is this what it looks like when you switch to buy puts at say 394?FJ43 said:I began the day with a 3/17 put I added at close Friday. Sold into the opening dip. Since then I have been trading 3/19s. Probably Thursday and for sure Friday I will switch to next weekcptthunder said:Blind squirrel finding a nut on that one, Ive been following your SPY post and know youve just got going on this but is your plan to usually stick with Friday expiring options or at what point do you plan to skip to the next week?FJ43 said:Yeah I missed a bunch more gain there. Hit my level and sold. All good. Added calls one stop too early but I am only buying ITM in this range. All 3/19s calls/puts. Have a little recovery to do on last buy.cptthunder said:Looks like some acceleration towards 393.40 this time, could break lower here with any volumeFJ43 said:
SPY
So far today less scalp trades as it is working narrow range between 394.10 & 393.40 for the most part. I suspect it will break one direction at some point.
Same day are too sporty for me or I need to start drinking.
Edit: Also I am paying attention to SKEW, ATHs, etc. I will add more puts with those are high.
zach mentioned 4/15 50 calls this morning.McInnis 03 said:
Ripster putting FUBO on the watchlist. Get ready for a quick pop.
Will Meade pumped it the same way he did EXPR, GME, KOSS, etc.....off she goes.irish pete ag06 said:
KMPH major volume
I will be assuming my $2.50C for 3/19 get called out.FJ43 said:
Everyone Net Free on REI?
FJ43 said:
Everyone Net Free on REI?
I was able to steal a couple of MAY $25 calls for $.95. I've done stupider.McInnis 03 said:irish pete ag06 said:
KMPH major volume
Will Meade pumped it the same way he did EXPR, GME, KOSS, etc.....off she goes.
Oh ok. I wasn't sure what had caused it. I am net free on it in my Roth IRA. Been selling CCs on these pops that happen frequently.McInnis 03 said:Will Meade pumped it the same way he did EXPR, GME, KOSS, etc.....off she goes.irish pete ag06 said:
KMPH major volume
Try rolling the calls out further to higher strike and see if you can get premium for it.RigsTx said:I will be assuming my $2.50C for 3/19 get called out.FJ43 said:
Everyone Net Free on REI?
Is there ever a scenario where you would buy those back and sell straight shares?
I received $.70 of premium when I sold them so my net sale will be $3.20.
Just trying to make sure I'm not missing anything strategy wise.
Look at Meade trying to get them stimmy checks to turn it into the next GME. He must have a heavy position.McInnis 03 said:
HODL
Saw these at Barking Armadillo Brewery in Georgetown on Saturday. The list of ingredients made me gag. But I'm sure the dogs will love it.ClutchCityAg said:
BUD calls?