FbgTxAg said:

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So I know y'all hate XL, but I'm in it for 6.10 avg in.

Is it a short squeezer too or why is it moving as well??

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zwhag2010 said:

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Carlo4 said:

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sts7049 said:

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i see strike prices for CLOV have grown to 40 now for next week expiration...

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Holy crap. I took my profits and ran yesterday as I didn't expect it to keep going like this. Very happy with what I have unless this goes to 100.

No ragrets

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Dear diary alert:

I have a knack for not selling covered calls on stocks where it's perfect for doing so... Early days of MGNI, WWR spike, ELOX, CWH

But also selling covered calls or sell way too early on stocks that go on crazy runs: QD, MGNI (sold at 19 then proceeded to run to 60), MVIS (9 &10 cc then proceeded to run to the 20s shortly after),

And don't get me started on buying options

And now CLOV:
was in at 14, averaged to 11,
sold 1 covered call at 16 after 35% gain,
next day sold half (200shares) at cup completion (16.5),
and after almost a 65% run in 2 days I sold a covered call for remaining shares (100) at $20.

And now it's pushing 27-28.

It's all on me, I have made money but have been leaving significant money on the table.

I have learned so much in a short time and I have a lot to learn still. I know I have violated/contradicted many of the trading strategies/rules (even though I strive to stick by them), it just hurts missing both sides of it.

That all being said I look forward to the next trade/mass accumulation to make more money


Sorry, rant over... Proceed with your daily scheduled programming.

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McInnis 03 said:

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zwhag2010 said:

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Carlo4 said:

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sts7049 said:

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i see strike prices for CLOV have grown to 40 now for next week expiration...

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Holy crap. I took my profits and ran yesterday as I didn't expect it to keep going like this. Very happy with what I have unless this goes to 100.

No ragrets

---

Dear diary alert:

I have a knack for not selling covered calls on stocks where it's perfect for doing so... Early days of MGNI, WWR spike, ELOX, CWH

But also selling covered calls or sell way too early on stocks that go on crazy runs: QD, MGNI (sold at 19 then proceeded to run to 60), MVIS (9 &10 cc then proceeded to run to the 20s shortly after),

And don't get me started on buying options

And now CLOV:
was in at 14, averaged to 11,
sold 1 covered call at 16 after 35% gain,
next day sold half (200shares) at cup completion (16.5),
and after almost a 65% run in 2 days I sold a covered call for remaining shares (100) at $20.

And now it's pushing 27-28.

It's all on me, I have made money but have been leaving significant money on the table.

I have learned so much in a short time and I have a lot to learn still. I know I have violated/contradicted many of the trading strategies/rules (even though I strive to stick by them), it just hurts missing both sides of it.

That all being said I look forward to the next trade/mass accumulation to make more money


Sorry, rant over... Proceed with your daily scheduled programming.

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Zwhag, this isn't just on you.....we're seeing this mindset from many.

This mindset HAS to be broken if you wish to continue winning trading.

You bought in high. You leveraged down. You sold a call on gains, you sold SOME shares at a level almost 50% above your cost........And you covered your remaining burden at a remarkable level.

THIS IS A ****ING WIN DUDE. Yes, the stock is moon shot. FOR EVERY 1 MOON SHOT THERE ARE 10 HOLES IN THE GROUND WHERE THE ROCKET FAILED.

You played this well. The only way to play it better is to leave a runner. You chose to cover the last portion. THIS IS OK. You are going to come out on this trade WAY ahead.

DO THIS EVERY TIME AND YOU'LL BE OA IN THE FUTURE. The only difference is that when the account gets bigger, you'll have room for runners.


GREAT JOB ON THIS TRADE. KEEP YOUR HEAD UP.

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LatinAggie1997 said:

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EGOC

Pangbo Group is parent of Shanghi Yicheng per source on Twitter.
Hope this is good.

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CrazyRichAggie said:

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BREwmaster said:

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CrazyRichAggie said:

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Entered PYPL 6/18 $270 Entry $2.46, target $5

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I like it, what'd you see on it? chart/ flow or both? looks like it could complete a cup back up to 270's.

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Saw a trader Stewie tweet so I took a look at the chart.

Been trading above the 8/21 day for the last couple of weeks, now forming a base. Break $265.19 I think you see a gap up to ~$270. Lots of open interest on the 6/18 270's so I went with those.

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gigemJTH12 said:

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LatinAggie1997 said:

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EGOC

Pangbo Group is parent of Shanghi Yicheng per source on Twitter.
Hope this is good.

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what does this mean for the company?

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jayelbee said:

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McInnis 03 said:

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$30,000 Millionaire said:

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Folks, the objective is not to acquire at the dead low and then top tick the market when you sell. Nobody can predict either of those, so stop holding yourself to that standard. The objective is to make money. It doesn't matter if your ROIC is 40% vs 60% if you do it successfully over and over.

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In trading, we're KETO.

We don't care about the bottom bun, or the top bun, we want the hamburger patty. We want the meat of the trade.

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I like that.

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CrazyRichAggie said:

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Sir, this is a Wendy's! What's going on with WEN? Big move yesterday on a huge goal post.

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TY for the chart https://t.co/PEtk9H4uN2

— Sunrise Trader (@SunriseTrader) June 9, 2021

McInnis 03 said:

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CrazyRichAggie said:

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Sir, this is a Wendy's! What's going on with WEN? Big move yesterday on a huge goal post.

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WSB next target after WISH

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