FED'S KAPLAN: I AM CONCERNED ABOUT THE ECONOMY'S EXCESSES AND IMBALANCES, AS WELL AS THE HOUSING SECTOR.

— Breaking Market News (@FinancialJuice) May 14, 2021

FIDELITY ****ING SUCKS

IF YOU CAN TRADE OPTIONS CLOSING TODAY I WOULD BE SELLING THE FOLLOWING AND COLLECTING $1.85 risking $0.65.

Sell ROKU 315c/p straddle
Buy ROKU. 317.5c and 312.5p for condor wings.

ClutchCityAg said:

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Hoping we get one more burst of volume to fill the gap, then I will close out my remaining net free SPY calls from scalping. After that, grab a few of the hedges OA mentioned and then wait and see with cash on hand.

In my non-retirement account I have gone 80% cash and been doing exclusively SPY scalps like FJ has been doing. I am up pretty good since starting this.

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Congrats and good job. Glad you're enjoying it.

Did OA mention any specific hedges? I missed it if so other than full hedge message.

SNOW option paying today!

FJ43 said:

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Bought a couple AAPL 5/21 130c. Small play.

$0.51 entry.

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I sold these . We'll see

Double_Bagger said:

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FJ43 said:

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Bought a couple AAPL 5/21 130c. Small play.

$0.51 entry.

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I sold these . We'll see

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Let the games begin!

I'm up 12% since entry. So should I sell?

FJ43 said:

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ClutchCityAg said:

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Hoping we get one more burst of volume to fill the gap, then I will close out my remaining net free SPY calls from scalping. After that, grab a few of the hedges OA mentioned and then wait and see with cash on hand.

In my non-retirement account I have gone 80% cash and been doing exclusively SPY scalps like FJ has been doing. I am up pretty good since starting this.

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Congrats and good job. Glad you're enjoying it.

Did OA mention any specific hedges? I missed it if so other than full hedge message.

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I believe on twitter he indicated that he was adding "a few" 6/14 380 Puts for SPY yesterday around 412, and that he would add heavier on the gap fill at 416.XX (think it was around 416.60-416.80).

redler likes TTD. looks ripe for a "red dog reversal"

Thanks

ROKU has a purple dot on my 10 min squeeze pro and those purple dots usually lead to some intense movement rather quickly. Don't know which way though...

Loading up on the SPY puts

SpeedyAg90 said:

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Loading up on the SPY puts

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why

ClutchCityAg said:

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FJ43 said:

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ClutchCityAg said:

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Hoping we get one more burst of volume to fill the gap, then I will close out my remaining net free SPY calls from scalping. After that, grab a few of the hedges OA mentioned and then wait and see with cash on hand.

In my non-retirement account I have gone 80% cash and been doing exclusively SPY scalps like FJ has been doing. I am up pretty good since starting this.

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Congrats and good job. Glad you're enjoying it.

Did OA mention any specific hedges? I missed it if so other than full hedge message.

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I believe on twitter he indicated that he was adding "a few" 6/14 380 Puts for SPY yesterday around 412, and that he would add heavier on the gap fill at 416.XX (think it was around 416.60-416.80).

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Bought those. 1.43 entry.

The bottom of the SPY gap (starting point of gap down) was $417.81 from May 10th - must reach to fully close. What is the significance of $416.23?...a flash up from there? Sorry, not following.

$30,000 Millionaire said:

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SpeedyAg90 said:

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Loading up on the SPY puts

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why

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I have been scalping spy calls today but since cover calls not being worth much on positions gonna hedge with spy puts. But might go slightly heavier. Don't think we are gonna punch through resistance that easy

Farmer @ Johnsongrass, TX said:

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The bottom of the SPY gap (starting point of gap down) was $417.81 from May 10th - must reach to fully close. What is the significance of $416.23?...a flash up from there? Sorry, not following.

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If that was for me I have an hourly resistance level I have traded against at 416.32 a number of times now. Has been an entry or exit for me where momentum stopped or confirmation upward. Seems we are there again.

Just an hourly level that has posed issues technically at times.

FJ43 said:

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ClutchCityAg said:

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FJ43 said:

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ClutchCityAg said:

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Hoping we get one more burst of volume to fill the gap, then I will close out my remaining net free SPY calls from scalping. After that, grab a few of the hedges OA mentioned and then wait and see with cash on hand.

In my non-retirement account I have gone 80% cash and been doing exclusively SPY scalps like FJ has been doing. I am up pretty good since starting this.

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Congrats and good job. Glad you're enjoying it.

Did OA mention any specific hedges? I missed it if so other than full hedge message.

---

I believe on twitter he indicated that he was adding "a few" 6/14 380 Puts for SPY yesterday around 412, and that he would add heavier on the gap fill at 416.XX (think it was around 416.60-416.80).

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Bought those. 1.43 entry.

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Found the tweets:

Slipped in a few Jun 14 $SPY puts here. Regardless of $412.70 full Model T of $423 top and yesterday low or gap fill to $416.60 area I think we "woosh".

— 2021 Opportunity Stocks Knock (@oldarmy1) May 13, 2021

Be thinking entry here with secondary target entry if we fill that gap. That secondary entry becomes first sells on any initial drop under $408 and reduces remaining hedge position cost significantly.

— 2021 Opportunity Stocks Knock (@oldarmy1) May 13, 2021

$30,000 Millionaire said:

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you guys do what you want, but if the SPX closes up here, that's a reversal. I don't think it's high probability to short here. if you want to hedge, by all means do it, but we're not hanging out at +2 ATR either.

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And it could be foolish but I told myself this morning that I would start my entry into spy puts when we reached 416.5. Also I'm buying out to 5/28.

McInnis 03 said:

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ROKU has a purple dot on my 10 min squeeze pro and those purple dots usually lead to some intense movement rather quickly. Don't know which way though...

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Here she goes, downwards.

$30,000 Millionaire said:

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Swollen Thumb said:

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$30,000 Millionaire said:

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well, I can't really trade without ATP working. ****e.

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Mine is working ok at the moment.

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on Mac?

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No...PC

$30,000 Millionaire said:

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Is $MOS finally going to go?

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My bud holds 17,000 MOS. He's bullish and bullish long term. He is looking at a double to a quadruple. The price fixing lawsuit is in MOS favor and can price their phos to the countervale duty - a 5 year US court protection and assures profitability. Meaning importers trying to compete are going to have a tough time trying to bring product into the US, because MOS just needs to price at that landed port number to keep competition out. Phos industry usually has one time a year to set their price that will drive the year. That time is over for 2021, but next 4 years look pretty favorable. Commodities (corn & beans) accelerating in price and staying there will settle the farmer's angst on paying more for fert, so demand will stay and wont cut back on use. And, it's likely that we are in a commodity super-cycle - maybe next 3 years. I own Zero, but will likely start a position. From a PE ratio they cheap.

Same for bullish sentiment for BG and from a PE ratio they should be $200/share. Owns right at 10,000. BG getting help from renewables as soyoil is in demand and will likely be for a long time. Not many new players enter the crushing industry, but their is talk folks are looking to build plants around the country. Either build your crush plant on top of the soybean pile, or build a destination plant at the demand center (soyoil/renewable users) and ship your beans to the crush facility....age old question.

My bud owns 2 positions, MOS and BG.

Hope this helps.

Got it! Thx!

What a sweet recovery for LUV and UAL.

TICK is warming up, melt up incoming?

Farmer @ Johnsongrass, TX said:

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$30,000 Millionaire said:

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Is $MOS finally going to go?

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My bud holds 17,000 MOS. He's bullish and bullish long term. He is looking at a double to a quadruple. The price fixing lawsuit is in MOS favor and can price their phos to the countervale duty - a 5 year US court protection and assures profitability. Meaning importers trying to compete are going to have a tough time trying to bring product into the US, because MOS just needs to price at that landed port number to keep competition out. Phos industry usually has one time a year to set their price that will drive the year. That time is over for 2021, but next 4 years look pretty favorable. Commodities (corn & beans) accelerating in price and staying there will settle the farmer's angst on paying more for fert, so demand will stay and wont cut back on use. And, it's likely that we are in a commodity super-cycle - maybe next 3 years. I own Zero, but will likely start a position. From a PE ratio they cheap.

Same for bullish sentiment for BG and from a PE ratio they should be $200/share. Owns right at 10,000. BG getting help from renewables as soyoil is in demand and will likely be for a long time. Not many new players enter the crushing industry, but their is talk folks are looking to build plants around the country. Either build your crush plant on top of the soybean pile, or build a destination plant at the demand center (soyoil/renewable users) and ship your beans to the crush facility....age old question.

My bud owns 2 positions, MOS and BG.

Hope this helps.

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Have you heard about IPI (Intrepid Potash). Seems to be in the same space from my research and wondering if they would benefit from the same lawsuit or if it is case specific to MSO?

Ive been trading it since before the share split at under a dollar and gotten in and out a couple times now

Testing the gap on SPY right now. Let's fill it before close

I'll be talking to my bud on Sunday. I'll ask him his thoughts and answer you. I didn't read the court action, but I thought it only applied to phosphorus/phosphates. Potash is everywhere. Phos is as critical as water for human existence.