Matt is VERY good and has a great eye. He needs to share his sights more often. He's brought me SEVERAL trades that ended up VERY good.oldarmy1 said:All credit goes to Matt Johnson on this trade. He used the Goal Post training to help everyone and that's exactly why I love doing what I do - when I can do it!.AggieChemist said:
I decided to nibble at OA's ELOX play instead.
If you bought when initially given in the $1.38 area you truly rule the day on this trade.$ELOX huge insider buys and a goal post. Thoughts? @oldarmy1 https://t.co/iqSSqjLWeD pic.twitter.com/pqLn5lQ1xA
— Matt Johnson (@mattyjay427) May 17, 2021
Thanks Matt!!!
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if I were able to set/adjust the stop myself from the computer I would have no problem being in the trade. Probability of further buying the rest of the day is lower than the likely hood it drift back even to 325. I wanted to scalp that $5 as a short.Brian Earl Spilner said:
Seems pretty risky. Still pretty down overall, I could see it continue to run today.
BREwmaster said:check out ATOS when you get a chance boss. Lots of volume recently and calls through the roof. Stock is trading at 3.30, but I got .90 for July 7.50 cc's. Shoot even the June 6C is trading around $1.oldarmy1 said:
Oh, and you have buyers of expiring $2.50 calls as high as $0.20 yesterday. Current bid/ask is $0.10 x $0.15. Well $0.10 was just taken out so $0.05 bid.
Expiring in 4 days over $1 above current price. Weird speculation
Definitely an interesting scenario although those calls aren't nearly as attractive now as they were when you bought . $6 isn't even close. June $5 is only about $0.75 now
WWR Volume
I am in NFLX June 475c
Chart is looking really prime to me.
Chart is looking really prime to me.
sold $UBER 50C for 2.5X
You don’t trade for money, you trade for freedom.
Any reason not to sell the 5/21 $5 calls right now for 0.05? Seems like "free" premium.oldarmy1 said:
$ELOX for you smaller traders. Buy the stock and either be patient knowing it could squeeze down post goal post before moving or not.
If you want to all but eliminate risk and would be happy with $2.80 exit then work on selling November calls at $0.80. They hit $0.90 early! Just think about that. Over 65% of buying the stock outright just in premium?!
That's crazy stupid. They have settled into $0.65 area and I would be patient. You get a breakout you can look to potentially cover entire holdings with premium. Doesn't happen often but ELOX has one of three things, or a combo of all 3. 1) It's bottomed 2) It has insider info leaked to major players 3) It has big speculators positioning
If we can get June 18 CCL $30 calls for $1.06 I love the setup. Full disclosure - I bought 50 calls at $1.15 so far.
Thinking an intraday sell that recovers on macro's, although we have a reverse h&s on the intraday pointing us higher.
Thinking an intraday sell that recovers on macro's, although we have a reverse h&s on the intraday pointing us higher.
BlueTaze said:
After a couple weeks of reviewing the TTM squeeze indicator, I dont think the J. Carter 90% claim is very accurate in terms of direction, maybe in terms of predicting volatility, which makes certain spreads 90% successful. Also, adding the MACD crossover to the +/- momentum oscillator seems to help identify direction.
Still big fan of Carter and his content....maybe the setup has lost some of its luster as it has become well known. Or this market is just wack.
I don't think you can derive anything on direction from the squeeze by itself, just that energy is building.
I've had success adding when using TTM_Wave, volume oscillator, and onbalancevolumemodified (TOS) to confirm direction.
Just tax paperwork because unless we rocket that is free money.
But remember.....you are locking up your shares through Friday and if a spike hits the premiums on other months would be lost opportunity
But remember.....you are locking up your shares through Friday and if a spike hits the premiums on other months would be lost opportunity
That's what I just did, actually got $0.07 for all contracts. If it goes from $1.50 to $5+ in less than a week, they can have my sharesAgEng06 said:Any reason not to sell the 5/21 $5 calls right now for 0.05? Seems like "free" premium.oldarmy1 said:
$ELOX for you smaller traders. Buy the stock and either be patient knowing it could squeeze down post goal post before moving or not.
If you want to all but eliminate risk and would be happy with $2.80 exit then work on selling November calls at $0.80. They hit $0.90 early! Just think about that. Over 65% of buying the stock outright just in premium?!
That's crazy stupid. They have settled into $0.65 area and I would be patient. You get a breakout you can look to potentially cover entire holdings with premium. Doesn't happen often but ELOX has one of three things, or a combo of all 3. 1) It's bottomed 2) It has insider info leaked to major players 3) It has big speculators positioning
That 2min consolidation on SPY is signaling purple on Squeeze PRO with upward momentum.....hang on!?
MBIO with a buy rating and price target of $11.
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T
T gapped down this morning, Exhaustion Gap, in my opinion.
Interesting,....
Gap Up
4/21 - Lo = 30.24
4/27 - Hi = 30.63
Gap Down
5/17 - Hi = 31.24
5/18 - Lo = 29.96...so far
Today's gap was a hard break below 50 Day SMA of $30.66
The break below 50SMA is common indicator of trend change; however, the double gap up & down in same range can yield some squirrelly results.
Right now, I'm thinking T reclaims 50SMA, today or tomorrow, but not sure it holds. If today, at the $30.66 point, T is till down $0.71 a share, so doable.
EMA analysis may indicate something else, but I don't use those. Actually the EMA's are probably better indicators for today.
T gapped down this morning, Exhaustion Gap, in my opinion.
Interesting,....
Gap Up
4/21 - Lo = 30.24
4/27 - Hi = 30.63
Gap Down
5/17 - Hi = 31.24
5/18 - Lo = 29.96...so far
Today's gap was a hard break below 50 Day SMA of $30.66
The break below 50SMA is common indicator of trend change; however, the double gap up & down in same range can yield some squirrelly results.
Right now, I'm thinking T reclaims 50SMA, today or tomorrow, but not sure it holds. If today, at the $30.66 point, T is till down $0.71 a share, so doable.
EMA analysis may indicate something else, but I don't use those. Actually the EMA's are probably better indicators for today.
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HNDL
My Tech/Bond barometer steady at -$0.07 to +0.20 range. Stabilizing. In general, Tech and Bonds should be having a good day overall and Value in a struggle.
My Tech/Bond barometer steady at -$0.07 to +0.20 range. Stabilizing. In general, Tech and Bonds should be having a good day overall and Value in a struggle.
McInnis 03 said:
That 2min consolidation on SPY is signaling purple on Squeeze PRO with upward momentum.....hang on!?
McInnis 03 said:
That 2min consolidation on SPY is signaling purple on Squeeze PRO with upward momentum.....hang on!?
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DNN
Lookin good at $1.19 (Hi today at $1.21).
Lookin good at $1.19 (Hi today at $1.21).
The June ELOX 2.5/5 Vertical is looking pretty appealing. Anyone smarter than me seeing an angle that I am not here?gougler08 said:That's what I just did, actually got $0.07 for all contracts. If it goes from $1.50 to $5+ in less than a week, they can have my sharesAgEng06 said:Any reason not to sell the 5/21 $5 calls right now for 0.05? Seems like "free" premium.oldarmy1 said:
$ELOX for you smaller traders. Buy the stock and either be patient knowing it could squeeze down post goal post before moving or not.
If you want to all but eliminate risk and would be happy with $2.80 exit then work on selling November calls at $0.80. They hit $0.90 early! Just think about that. Over 65% of buying the stock outright just in premium?!
That's crazy stupid. They have settled into $0.65 area and I would be patient. You get a breakout you can look to potentially cover entire holdings with premium. Doesn't happen often but ELOX has one of three things, or a combo of all 3. 1) It's bottomed 2) It has insider info leaked to major players 3) It has big speculators positioning
Water Turkey07
Here's your macro selling. CCL options coming down
We’re reducing the hash rate of newly manufactured GeForce RTX 3080, 3070 and 3060 Ti graphics cards so they’re less desirable to miners - $NVDA
— *Walter Bloomberg (@DeItaone) May 18, 2021
Wow, Crude just took a 1.50 slide. That's a big number in those futures.
Man, what just happened? IWM, SPY, QQQ all dropped, VIX up.
OPEX shenanigans. Tricky week it shall be.AG 2000' said:
Man, what just happened? IWM, SPY, QQQ all dropped, VIX up.
Two minute blip.McInnis 03 said:OPEX shenanigans. Tricky week it shall be.AG 2000' said:
Man, what just happened? IWM, SPY, QQQ all dropped, VIX up.
Probably from the IEA report just put out
I'm out of all directional plays for May expiry. I am collecting premium now.
You don’t trade for money, you trade for freedom.
Can you share the link for the script for that?McInnis 03 said:
That 2min consolidation on SPY is signaling purple on Squeeze PRO with upward momentum.....hang on!?
Berkshire sold 51% of their Chevron stake, probably part of the reason the majors went down today
$30,000 Millionaire said:
I'm out of all directional plays for May expiry. I am collecting premium now.
You letting the RIOT 25/30 credit spread ride to expiration? I have an order to close at .40 (roughly 75% profit) and it needs anything north of 28.40ish to breakeven.
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https://giphy.com/gifs/moodman-lol-spit-take-Q7ozWVYCR0nyW2rvPW
https://giphy.com/gifs/regalmovies-haha-lol-funny-dead-no-dannyglover-laugh-ohnoyoudidnt-done-omg-29HRejgahYenVsohB5
Crap, I can't post gifs anymore. I've officially aged out from internetting. Sorry for the interruption.
https://giphy.com/gifs/regalmovies-haha-lol-funny-dead-no-dannyglover-laugh-ohnoyoudidnt-done-omg-29HRejgahYenVsohB5
Crap, I can't post gifs anymore. I've officially aged out from internetting. Sorry for the interruption.
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Today was Chevron EX-Div Day. Guess they didn't need the little extra if they sold today...?gougler08 said:
Berkshire sold 51% of their Chevron stake, probably part of the reason the majors went down today
BPCAg05 said:
https://www.ft.com/content/2bf04fff-5b2f-4d96-a4ea-ff55e029f18e
So a hypothetical end oil by 2050 (thirty freaking years) is tanking oil today?
Random question - what can you take from future option prices? There's got to be correlation on pricing right?
For example, LPX.
I've got a $65put position that expires this week. Was looking to roll that out to the future. But the pricing out into June, August, etc. seems to imply pricing is going to increase (i.e., for an even or close to it roll, I would have to go up to 70, 75, or 80 depending on the month).
Anything to read into that?
For example, LPX.
I've got a $65put position that expires this week. Was looking to roll that out to the future. But the pricing out into June, August, etc. seems to imply pricing is going to increase (i.e., for an even or close to it roll, I would have to go up to 70, 75, or 80 depending on the month).
Anything to read into that?
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