APPLE
Added a few extra calls here on this one. Now it can run if it wants to.Irish 2.0 said:
Added MU 5/21 $95C at 3.45 off the Daily 10SMA at 92.80
Beat youMcInnis 03 said:
AAPL event announced for 4/20.....buy the news, sell the event.
We can still get some cost recovery with a pop. Above the 50EMA and better yet 50 SMA today. Hope for some pop to add a few dimes to the price.$30,000 Millionaire said:
my max loss this week is likely -2%, and I knew this was coming. Thanks UPWK.
Wouldn't be a fan until it comes into 240 (200 SMA) or closes over the 5 SMA which is 280 right nowHoustonAg_2009 said:
At what point does UBIQUITI (UI) stock become attractive? This IT company was an absolute high flier until the data breach news came to a head in late March of this year. Stock is down 31% off its highs. Would like to hear the TexAg opinion.....Thanks!
This isn't my specialty but wonder if there is a vertical here for this one?BREwmaster said:
MARA coiling... it hasn't run yet on this bitcoin run. I sold some on the pop this morning, tempted to buy / write some.
absolutely. I'm no expert at it, but it's the only way I play it. Ragoo could probably chime in with some other ideas too. The premiums are usually juiced, so spreads make sense.FJ43 said:This isn't my specialty but wonder if there is a vertical here for this one?BREwmaster said:
MARA coiling... it hasn't run yet on this bitcoin run. I sold some on the pop this morning, tempted to buy / write some.
I've gotten lucky on verticals so someone just tell me what and when.BREwmaster said:absolutely. I'm no expert at it, but it's the only way I play it. Ragoo could probably chime in with some other ideas too. The premiums are usually juiced, so spreads make sense.FJ43 said:This isn't my specialty but wonder if there is a vertical here for this one?BREwmaster said:
MARA coiling... it hasn't run yet on this bitcoin run. I sold some on the pop this morning, tempted to buy / write some.
Yesterday when the stock dumped a bit, I bought the sell side back, then I sold the naked remaining 52.5c this morning at the open. Usually I close it together closer to expiration, but this one just worked out better that way.
The bottom of the wedge is around 50 now, we could make our next vertical there and probably go out to next week 4/23 exp, or further if desired.
Irish 2.0 said:Wouldn't be a fan until it comes into 240 (200 SMA) or closes over the 5 SMA which is 280 right nowHoustonAg_2009 said:
At what point does UBIQUITI (UI) stock become attractive? This IT company was an absolute high flier until the data breach news came to a head in late March of this year. Stock is down 31% off its highs. Would like to hear the TexAg opinion.....Thanks!
No need to kick that around. The TexAgs posse approves.AG 2000' said:
Thiel kicking around using the PLTR machines for BTC mining.
Actually short headline was misleading.FJ43 said:No need to kick that around. The TexAgs posse approves.AG 2000' said:
Thiel kicking around using the PLTR machines for BTC mining.
Thanks. Good suggestion on this one. Haven't done many put spreads but may give this one a shot.Ragoo said:
I prefer Buy/Write with the juiced premiums. If you pick the wrong time frame you either own the asset or can roll the calls. With a vertical on a stock this volatile you are likely to get burned.
I would target a 5/21 $40/$30 put spread for $2.88 in credit.
AG 2000' said:AG 2000' said:
Added a TSLA $770 call for Friday at $3.90. Let's goooooooooooooooo
buy/write the 5/21 $55c then sell the $40/$30 put spreadFJ43 said:Thanks. Good suggestion on this one. Haven't done many put spreads but may give this one a shot.Ragoo said:
I prefer Buy/Write with the juiced premiums. If you pick the wrong time frame you either own the asset or can roll the calls. With a vertical on a stock this volatile you are likely to get burned.
I would target a 5/21 $40/$30 put spread for $2.88 in credit.