Business & Investing
Sponsored by

Stock Markets

24,748,810 Views | 233447 Replies | Last: 1 hr ago by Heineken-Ashi
Irish 2.0
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:29a, 5/20/21
Took a little RL 6/18 125C off the 100DMA at 188.8
Reply Quote
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to J.P. 03 • 9:31a, 5/20/21
J.P. 03 said:
FJ43 said:

SPY Scalping

My starting plan....

My range I have today is between 406.24 and 413.40/413.82. Levels in between those.
Don't think we get past that 413.80ish level and hope we defend 406. Rejection at 413.80ish and I load ATM puts.

Anything move below 405.33 intraday and I pretty much will move bets to normal sized puts focus plays and 1/2 sized calls intraday.
Did you end up buying puts on the bounce off 413.68? I'm tempted to as soon as my self-imposed "don't buy SPY options before 9:30" rule expires, but VIX is still creeping downward and I don't have a clear feel for where we're headed today yet.
Sitting on them now. Will cut if we clip 413.82 with 2 2-minute candles. VIX still above 20 but not rising...yet.
412P - $1.22 entry
Reply Quote
2 edits
McInnis 03
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:31a, 5/20/21
AG
Wonder if TDA is going to approve me for futures with my money? Rode NQ for 120+ pts this morning and am still running ES on a 40+ pt ride currently. Submitted the application 2 days ago.
Reply Quote
$30,000 Millionaire
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to McInnis 03 • 9:34a, 5/20/21
AG
McInnis 03 said:
Wonder if TDA is going to approve me for futures with my money? Rode NQ for 120+ pts this morning and am still running ES on a 40+ pt ride currently. Submitted the application 2 days ago.
Tasty will approve.
You don’t trade for money, you trade for freedom.
Reply Quote
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:41a, 5/20/21

SPY 413.40 holding well so far.
Reply Quote
Brewmaster
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Brewmaster • 9:42a, 5/20/21
AG
BREwmaster said:
NRD09 said:
$MARA!!!
Sell some premium this morning or is she ready for a real run?
probably flip premium one more time, but could run soon. There's a gap now to yesterday's close. It fills back to there 21.70 ish, then runs. Of course we need bitcoin to keep trending up too.

correction... it ran pre-market, so not a true gap up, but it is trading in a channel with a wide range over the last week. 19 or so being the bottom and 23.80 being the top of the channel (peaked outside it this morning at 24).

Reply Quote
1
1 edit
McInnis 03
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to $30,000 Millionaire • 9:46a, 5/20/21
AG
$30,000 Millionaire said:
McInnis 03 said:
Wonder if TDA is going to approve me for futures with my money? Rode NQ for 120+ pts this morning and am still running ES on a 40+ pt ride currently. Submitted the application 2 days ago.
Tasty will approve.
If they look at my paper trades this week alone, the futures commissions are $1000+, if they don't approve they're crazy.

They need to match Tasty's commissions if I go live too......
Reply Quote
1 edit
Brewmaster
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Brewmaster • 9:57a, 5/20/21
AG
BREwmaster said:
BREwmaster said:
NRD09 said:
$MARA!!!
Sell some premium this morning or is she ready for a real run?
probably flip premium one more time, but could run soon. There's a gap now to yesterday's close. It fills back to there 21.70 ish, then runs. Of course we need bitcoin to keep trending up too.

correction... it ran pre-market, so not a true gap up, but it is trading in a channel with a wide range over the last week. 19 or so being the bottom and 23.80 being the top of the channel (peaked outside it this morning at 24).

went with a degenerate (tomorrow expiration) put spread - 21/20P. Cost .15, max profit is.85, but even at $20 tomorrow it's a 300% return (before expiration). $20 or below by expiration tomorrow and it's 600%. Whoop!
Reply Quote
2
Brian Earl Spilner
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:32a, 5/20/21
AG
Finally seeing some nice payoff from buying so much in the ROKU dip.
Reply Quote
Irish 2.0
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:33a, 5/20/21
Keep an eye on DKNG. $45.60 can really open it back up
Reply Quote
BrokeAssAggie
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to BrokeAssAggie • 10:33a, 5/20/21
CrazyRichAggie said:
Gotcha. My plan was to just hope SPY has a nice little run in the morning and sell my calls for ~50% loss vs a ~85% loss.
Only down 40% now. Keep running!

Reply Quote
7
Ragoo
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to BrokeAssAggie • 10:40a, 5/20/21
AG
CrazyRichAggie said:
CrazyRichAggie said:
Gotcha. My plan was to just hope SPY has a nice little run in the morning and sell my calls for ~50% loss vs a ~85% loss.
Only down 40% now. Keep running!

Reply Quote
3
ClutchCityAg
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:41a, 5/20/21
What gives with CCL? whole market going up and calls down and not moving
Let it ride
Reply Quote
1 edit
BrokeAssAggie
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Ragoo • 10:41a, 5/20/21
33% now..
Reply Quote
5
McInnis 03
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:42a, 5/20/21
AG
ADT.....

Thoughts?

This looks like it has a ton of potential. Above ALL supply, extra squeezed up (purple on my indicator)........
Reply Quote
1 edit
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:48a, 5/20/21

DBX trying again.....
Reply Quote
BrokeAssAggie
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to BrokeAssAggie • 10:55a, 5/20/21
CrazyRichAggie said:
33% now..
stopped out at $1.55. I will consider that a "win".
Reply Quote
8
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:57a, 5/20/21

Solid move today so far. Now let's hold it and rip tomorrow to close the week.
Reply Quote
1
irish pete ag06
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:58a, 5/20/21
AG
Stupid question, and I realize the answer is probably is not clearly one way...


When rolling options, is it better to roll them when they've fallen off a cliff or when they are up?

Looking at VEON particularly today.
Reply Quote
Mr President Elect
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to irish pete ag06 • 11:03a, 5/20/21
AG
Pretty sure it is best to roll them when they are up. The recent price action has more direct impact on the shorter expiration options. I'm assuming by rolling you mean by date and not strike price for the same dates. Also assuming you are meaning going long vs going short.
Reply Quote
2 edits
FTAG 2000
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:03a, 5/20/21
AG
Looks lke small caps are moving.


Going along for a ride on CLWT right now, up 25% today. Cannot find news but not complaining!
Reply Quote
irish pete ag06
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Mr President Elect • 11:06a, 5/20/21
AG
Mr President Elect said:
Pretty sure it is best to roll them when they are up. The recent price action has more direct impact on the shorter expiration options. I'm assuming by rolling you mean by date and not strike price for the same dates.
Yes. Looking at rolling my JUNs out to JULY or SEP
Reply Quote
$30,000 Millionaire
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to BrokeAssAggie • 11:06a, 5/20/21
AG
CrazyRichAggie said:
CrazyRichAggie said:
33% now..
stopped out at $1.55. I will consider that a "win".
solid job, you sold on strength!
You don’t trade for money, you trade for freedom.
Reply Quote
ClutchCityAg
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:09a, 5/20/21
Ouch, just announced Biden IRS will target crypto





Let it ride
Reply Quote
1
Ccutamu
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to ClutchCityAg • 11:11a, 5/20/21
ClutchCityAg said:
Ouch, just announced Biden IRS will target crypto





And down goes MARA!
Reply Quote
Brewmaster
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Brewmaster • 11:15a, 5/20/21
AG
BREwmaster said:
BREwmaster said:
BREwmaster said:
NRD09 said:
$MARA!!!
Sell some premium this morning or is she ready for a real run?


correction... it ran pre-market, so not a true gap up, but it is trading in a channel with a wide range over the last week. 19 or so being the bottom and 23.80 being the top of the channel (peaked outside it this morning at 24).

went with a degenerate (tomorrow expiration) put spread - 21/20P. Cost .15, max profit is.85, but even at $20 tomorrow it's a 300% return (before expiration). $20 or below by expiration tomorrow and it's 600%. Whoop!
these are working like a champ, up over 50%. MARA now below yesterday's close. Bitcoin looking weak here too.
Reply Quote
1
ProgN
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Ccutamu • 11:17a, 5/20/21
Democrats **** up everything.
Reply Quote
19
Ccutamu
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to ProgN • 11:19a, 5/20/21
Prognightmare said:
Democrats **** up everything.
That is my understanding of it.
Reply Quote
7
BrokeAssAggie
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to ProgN • 11:19a, 5/20/21
Prognightmare said:
Democrats **** up everything.
Hey, but Joe just signed the COVID 19 Hate Crimes Act!
Reply Quote
5
FTAG 2000
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to ClutchCityAg • 11:19a, 5/20/21
AG
ClutchCityAg said:
Ouch, just announced Biden IRS will target crypto






Sure seems to be a coordinated effort on crypto this week - Musk, China, now the Treasury Dept.

Reply Quote
3
Brewmaster
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Ccutamu • 11:23a, 5/20/21
AG
Ccutamu said:
ClutchCityAg said:
Ouch, just announced Biden IRS will target crypto

And down goes MARA!
from a technical standpoint it was headed back down regardless, this just speeds it up a little. Under 20.60 though is a buy and around 19.40 (as long as that holds) Big Buy!
Reply Quote
1 edit
Mr President Elect
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to irish pete ag06 • 11:23a, 5/20/21
AG
What are you in on, the $2 c's? They aren't very liquid at the moment, also if / when you do roll, maybe look at dec as well, not much more premium for the extra time. July would probably be hard to roll to at the moment due to volume.
Reply Quote
Irish 2.0
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to ClutchCityAg • 11:24a, 5/20/21
ClutchCityAg said:
Ouch, just announced Biden IRS will target crypto





Not that I'm a fan of the IRS, but they aren't wrong when they say crypto is ripe with opportunity for tax evasion and money laundering
Reply Quote
4
Charlie Conway
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Irish 2.0 • 11:26a, 5/20/21
Irish 2.0 said:
ClutchCityAg said:
Ouch, just announced Biden IRS will target crypto





Not that I'm a fan of the IRS, but they aren't wrong when they say crypto is ripe with opportunity for tax evasion and money laundering
Yeah, those kinds of benefits should be reserved for politicians and societal elites, not some slapdick that bought $1000 of dogecoin 2 years ago.
Reply Quote
17
Diggity
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:29a, 5/20/21
AG
If crypto can't stand up to that kind of scrutiny...that's a problem.

this should all be expected as a technology matures.
Reply Quote
2
First Page Last Page
Page 3891 of 6670 ▼
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.