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ag94whoop
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In reply to [removed post] • 8:43a, 3/25/21
AG
jj9000 said:
ag94whoop said:
jj9000 said:
ag94whoop said:
the question I have is how long will BTC stay this low?
Will it keep falling?
WIll it rebound back to 59-60k?
Dutch Tulips were a big deal at some point.

What has changed (materially) since we all thought $18K BTC was ridiculous?
actually quite a bit if you look at it on a macro level.
Numerous massive companies have adopted it both as a placeholder for money as well as an exchange.
I disagree.

Just b/c Elon says you can buy a Tesla with BTC doesn't warrant the jump from $419 per BTC (5) years ago....to $51K per BTC today.

It will have a place in our future, but, right now I look at BTC at $51K per unit through the same lens as I see GME. That's just me though.
understood. I was always a major BTC skeptic. I see crypto a little differently now. Still skeptical, but I understand it SLIGHTLY more now. I think like anything, its value is what the market says it is. Right now its a $50k item. I hope it goes to $70k. I would even take a return to $60k because i hold a number of mining stocks (RIOT, SINO, SOS, NXTD) and it would help my portfolio recover a lot. Of course I would also love a run on weed stocks. cant blame a guy for dreaming
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In reply to cageybee77 • 8:45a, 3/25/21
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8:46a, 3/25/21
BourbonAg
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8:48a, 3/25/21
AG
I sold some $5 April puts on WWR and $1 April puts on DNN.
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Aggie_2463
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8:51a, 3/25/21
AG
Bought some WWR at $4.94
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8:53a, 3/25/21
FTAG 2000
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In reply to ag94whoop • 8:54a, 3/25/21
AG
ag94whoop said:
the question I have is how long will BTC stay this low?
Will it keep falling?
WIll it rebound back to 59-60k?
I posted an article yesterday about Bitcoin options expiration this Friday.

Lots of downward pressure due to open contracts. Could bottom at 44K.
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TecRecAg
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8:54a, 3/25/21
AG
I need the rich buyers to get back from Spring Break and stop this ****ing madness.
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khaos288
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In reply to [removed post] • 8:57a, 3/25/21
AG
jj9000 said:
Forget this grind down s***.

I'm ready for some multi-day limit down circuit breaker action.

Just like this time last year.


If they announce a new virus and shut down orders....I'm liquidating and buying a log cabin.
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ag94whoop
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In reply to FTAG 2000 • 8:59a, 3/25/21
AG
AG 2000' said:
ag94whoop said:
the question I have is how long will BTC stay this low?
Will it keep falling?
WIll it rebound back to 59-60k?
I posted an article yesterday about Bitcoin options expiration this Friday.

Lots of downward pressure due to open contracts. Could bottom at 44K.
Yeah I saw that and it does make sense. But that is by Friday.
Then what. That is my question. Does it spring back with a fervor?
Or does it linger?
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Irish 2.0
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In reply to khaos288 • 9:00a, 3/25/21
khaos288 said:
jj9000 said:
Forget this grind down s***.

I'm ready for some multi-day limit down circuit breaker action.

Just like this time last year.


If they announce a new virus and shut down orders....I'm liquidating and buying a log cabin.
I'd be buying JETS puts
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$30,000 Millionaire
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9:02a, 3/25/21
AG
don't quote me, but I think bottom in.
You don’t trade for money, you trade for freedom.
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$30,000 Millionaire
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9:04a, 3/25/21
AG
my advisor called me this morning and suggested we sell equities / buy treasuries in my managed account because yields are going up. I told him 'no, and I'm going to fade you'.
You don’t trade for money, you trade for freedom.
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Ornithopter
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In reply to $30,000 Millionaire • 9:05a, 3/25/21
AG
$30,000 Millionaire said:
my advisor called me this morning and suggested we sell equities / buy treasuries in my managed account because yields are going up. I told him 'no, and I'm going to fade you'.


Interesting. What happens if lots of people are getting the same advice from lots of advisors?
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Irish 2.0
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In reply to $30,000 Millionaire • 9:05a, 3/25/21
$30,000 Millionaire said:
don't quote me, but I think bottom in.
I'm not fully onboard with this yet because the rejections have been hard and the bounces have been weak, but I tend to lean in agreement right now. I think we're in for a lot of chop in the near future until we know more about any upcoming tax increases and gov't infrastructure spending
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9:06a, 3/25/21
BrokeAssAggie
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In reply to $30,000 Millionaire • 9:06a, 3/25/21
$30,000 Millionaire said:
don't quote me, but I think bottom in.
I bought some 387 weeklies on the open. so I hope you are correct.
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Carlo4
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In reply to Ornithopter • 9:09a, 3/25/21
AG
DubFalls said:
$30,000 Millionaire said:
my advisor called me this morning and suggested we sell equities / buy treasuries in my managed account because yields are going up. I told him 'no, and I'm going to fade you'.


Interesting. What happens if lots of people are getting the same advice from lots of advisors?
The day before Tesla jumped $100 back on March 9, my guy called me screaming to buy a ton of it. I was super busy at work and couldn't call him back until after hours. I felt like his push to get it out was a big swing in one day.

Since then, Tesla sold off half of that bump. I feel like now might be a better spot to enter if I think Tech is here to stay for a while. So far, crickets.
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jwhitlock3
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In reply to [removed post] • 9:10a, 3/25/21
third coast.. said:
stupid ATP being ****ty caused me to miss my buy on WWR under $4
I bout choked on my coffee...had to scramble to pull up a chart. Panic is subsiding now, damn typo!
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In reply to jwhitlock3 • 9:12a, 3/25/21
cptthunder
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In reply to jwhitlock3 • 9:12a, 3/25/21
jwhitlock3 said:
third coast.. said:
stupid ATP being ****ty caused me to miss my buy on WWR under $4
I bout choked on my coffee...had to scramble to pull up a chart. Panic is subsiding now, damn typo!
Same thing happened to me, I was about to get ticked at ATP thinking were are all of my alarms i set starting at 4.75 down every .25
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jwhitlock3
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In reply to cptthunder • 9:15a, 3/25/21
Same! I'd been getting alerts on triggers I had set all morning and I thought one had slipped through, I'd be doubling my position at sub $4
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BlueTaze
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9:17a, 3/25/21
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jimbo9821
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9:17a, 3/25/21
AG
Someone else that is still in the UPWK calls coach me up on this theory....

To me, we look to be at a decision point today or tomorrow in the wedge. If it bounces back to around a $44-45 close with some actual volume, does that show enough strength to roll the dice on some $47.50 calls to grab back some of the losses we are siting at.

What are some other strategies some of you guys follow to try to buy back losses on options?
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Brewmaster
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9:25a, 3/25/21
AG
"are we all bullish yet?"
-30k

I'm waiting for 3840, to cash in on some puts. Maybe another pump then dump day.
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Brewmaster
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In reply to [removed post] • 9:29a, 3/25/21
AG
jj9000 said:
Forget this grind down s***.

I'm ready for some multi-day limit down circuit breaker action.

Just like this time last year.
MSFA
make shorting fun again!
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Jet Black
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9:34a, 3/25/21
Anyone adding to the fubos, nios and sklzs of the world at these levels?
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deadbq03
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In reply to [removed post] • 9:44a, 3/25/21
AG
jj9000 said:
Forget this grind down s***.

I'm ready for some multi-day limit down circuit breaker action.

Just like this time last year.
I keep wanting to sell some nekkid TQQQ calls but I know that the moment I do I'll have successfully timed the V bottom.
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cptthunder
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9:44a, 3/25/21
Double bottom attempt on SPY now
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$30,000 Millionaire
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9:46a, 3/25/21
AG
how emotional are you guys feeling?
You don’t trade for money, you trade for freedom.
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Ccutamu
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In reply to $30,000 Millionaire • 9:47a, 3/25/21
$30,000 Millionaire said:
how emotional are you guys feeling?
Numb
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gougler08
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In reply to $30,000 Millionaire • 9:49a, 3/25/21
AG
$30,000 Millionaire said:
how emotional are you guys feeling?
Need to see a bounce here or think we'll flush again
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Irish 2.0
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In reply to Jet Black • 9:49a, 3/25/21
Jet Black said:
Anyone adding to the fubos, nios and sklzs of the world at these levels?
I'm not buying SKLZ unless it gets to ~18
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TecRecAg
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9:50a, 3/25/21
AG
This is feeling less and less like "necessary pain" for the leg up, and more like we're entering a new channel of the down variety.
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KT 90
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9:51a, 3/25/21
AG
Is our ZEST expert on today? I believe he said the trial is to start next week, and ZEST is dropping pretty hard today ~14%. Just curious is there is news out on the trial. Quick search didn't find any.

I have very little in on this, mostly just curious.




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