MGI
Could be interesting play. Above all trends now and may have continuation.
Wish I would have caught it yesterday.
I'll cut it if it gives up $15. It is just a swing to me. It is an inside candle after a parabolic move. I think it got shorts eager and it'll snap back on themAG 2000' said:Irish 2.0 said:You remove the bulk of the theta decay and your risk is less exposed due to their being equity in the option immediately.sts7049 said:this strategy is interesting...why buy calls that much ITM?Irish 2.0 said:
I followed this
What's your trade strategy and hedge / protection plan on this?
Its a falling knife and needs to find a bottom. I don't mind missing the lowest entry if I feel comfortable the bottom is in.jsap said:
What do you all think about XL at this price? It's tempting.
What do you like about XL? Why is it tempting here, but it wasn't at $9.50 this morning? Does it have solid fundamentals? Because a technical analysis says it still has 40 cents to go just to be considered for temporary relief bounce. It has put in a lower high and a lower low all day and the daily chart looks like mangled dog***** Absolutely zero sized option flow too which means institutions DGAF about it right now.jsap said:
What do you all think about XL at this price? It's tempting.
I subscribe to The Wall Street Journal. All considering, I think it is the best news source these days w/o much of a slant one way or the other.PWestAg18 said:
Maybe it's a better discussion for after-hours or a separate thread, but I'm curious, what are everyone's thoughts on the proposed infrastructure plan from Biden?
Also, anyone know of or seen a good writeup on it without too much political slant (I've pretty much accepted unbiased news or summaries are impossible these days)
Actually, after I ran through a fe of these SPAC type things, they seem pretty played out. I would avoid all of them for the time being.Irish 2.0 said:What do you like about XL? Why is it tempting here, but it wasn't at $9.50 this morning? Does it have solid fundamentals? Because a technical analysis says it still has 40 cents to go just to be considered for temporary relief bounce. It has put in a lower high and a lower low all day and the daily chart looks like mangled dog***** Absolutely zero sized option flow too which means institutions DGAF about it right now.jsap said:
What do you all think about XL at this price? It's tempting.
It's garbage. $300 billion in infrastructure, 1.7 trillion in Dem socialist / green new deal trash.PWestAg18 said:
Maybe it's a better discussion for after-hours or a separate thread, but I'm curious, what are everyone's thoughts on the proposed infrastructure plan from Biden?
Also, anyone know of or seen a good writeup on it without too much political slant (I've pretty much accepted unbiased news or summaries are impossible these days)
McInnis 03 said:
So the market has the look of our presid..............wrong forum.
any large spending bill we pass these days is full of garbage from both sidesAG 2000' said:It's garbage. $300 billion in infrastructure, 1.7 trillion in Dem socialist / green new deal trash.PWestAg18 said:
Maybe it's a better discussion for after-hours or a separate thread, but I'm curious, what are everyone's thoughts on the proposed infrastructure plan from Biden?
Also, anyone know of or seen a good writeup on it without too much political slant (I've pretty much accepted unbiased news or summaries are impossible these days)
McConnell already said nonstarterPWestAg18 said:
Maybe it's a better discussion for after-hours or a separate thread, but I'm curious, what are everyone's thoughts on the proposed infrastructure plan from Biden?
Also, anyone know of or seen a good writeup on it without too much political slant (I've pretty much accepted unbiased news or summaries are impossible these days)
I cut XL today selling and making the bet my tax loss will exceed my potential gain if I held for 30 more days. Put it on my watch list to revisit as I think it has some long-term potential but seems to be stuck in tailspin right now will very limit to no positive news.Irish 2.0 said:What do you like about XL? Why is it tempting here, but it wasn't at $9.50 this morning? Does it have solid fundamentals? Because a technical analysis says it still has 40 cents to go just to be considered for temporary relief bounce. It has put in a lower high and a lower low all day and the daily chart looks like mangled dog***** Absolutely zero sized option flow too which means institutions DGAF about it right now.jsap said:
What do you all think about XL at this price? It's tempting.
I see smooth waters to 330 on the daily.McInnis 03 said:
QQQ breaking the intraday wedge to the upside.....right against resistance, it's now or never.
I have 325.30 as a resistance line. Break that and 330 next stop.Ragoo said:I see smooth waters to 330 on the daily.McInnis 03 said:
QQQ breaking the intraday wedge to the upside.....right against resistance, it's now or never.
325.30 & 327.80 will put up a little fight. It is the top from Feb. 22 gap down that started this chop and range bound festRagoo said:I see smooth waters to 330 on the daily.McInnis 03 said:
QQQ breaking the intraday wedge to the upside.....right against resistance, it's now or never.
I see that 327.80 line looking back now. Was support back in Jan and early Feb. Until we lost it....in late Feb that is.Irish 2.0 said:325.30 & 327.80 will put up a little fight. It is the top from Feb. 22 gap down that started this chop and range bound festRagoo said:I see smooth waters to 330 on the daily.McInnis 03 said:
QQQ breaking the intraday wedge to the upside.....right against resistance, it's now or never.
I still have in my notes that $4.25 was my exit price....Jet Black said:
You guys think mara could hit $100 this year?
You said 'diddling'...lolMcInnis 03 said:
SPY is just diddling right below 400 after touching it.