bought 20.5C
6/21 @ 0.19$
_KT
kinda lotto'ish
6/21 @ 0.19$
_KT
kinda lotto'ish
Does the falling knife analogy work in reverse on trying to stop a rocket?clinto said:
I know y'all have given me advice In the past about not shorting a stock when it's in an up trend but how much higher can ASAN go?
It's pretty extended and I would think a reversion to the mean may be worth looking into.
Yep. I think, just a gut feeling given today quad witch shenanigans, that holding this 416ish zone today so far and not pushing into the 414 and lower provides at least some run next week. 420 isn't a stretch I don't think.Ragoo said:
420 strike?
This was a put play I was thinking about up here. It is so so so extended although running strong.FishrCoAg said:Does the falling knife analogy work in reverse on trying to stop a rocket?clinto said:
I know y'all have given me advice In the past about not shorting a stock when it's in an up trend but how much higher can ASAN go?
It's pretty extended and I would think a reversion to the mean may be worth looking into.
More basing in my 4165-4175 #ES_F zone & market clearly acknowledges how key this area is. Daily chart does not look good (fake breakout to new highs) & bulls will need a Friday afternoon rally this week more than ever (ideally well above 4190 to close) to save immediate trend https://t.co/LzDGJS8ANL
— Adam Mancini (@AdamMancini4) June 18, 2021
FJ43 said:Yep. I think, just a gut feeling given today quad witch shenanigans, that holding this 416ish zone today so far and not pushing into the 414 and lower provides at least some run next week. 420 isn't a stretch I don't think.Ragoo said:
420 strike?
It may dump here in the last few minutes not sure. VIX is back up to almost 20 again.
'Big Short' investor Michael Burry warns the 'mother of all crashes' is coming - and predicts crypto and meme stocks will plummet https://t.co/05Y5aNO6MI
— Spencer (@vxx46) June 18, 2021
21%FJ43 said:
OA's NVDA 7/16 645P put play is up almost 10% on my board.
McInnis 03 said:'Big Short' investor Michael Burry warns the 'mother of all crashes' is coming - and predicts crypto and meme stocks will plummet https://t.co/05Y5aNO6MI
— Spencer (@vxx46) June 18, 2021
I like it. Model T on the move up could take it to 40.FJ43 said:
ASAN
Ok this is just nuts extension. Don't even know what ATR + this is. 4? 5?
I just bought July 50P as a trade. I think this will remain a strong stock but any pullback on it or the market and I think these pay well.
FJ43 said:
THIs is when you play lottos if you got the nads fo rit.
Hoping we can make a little run back to ATH here in the next week or so. I'd like to hedge up with some late July or August but would prefer into upward momentum.Farmer @ Johnsongrass, TX said:
Burry is probably right. I'd like to know what his timing is. That MarketWatch article I posted yesterday citing banks giving approximately $1 Trillion back to the Fed at 0.005 interest rate because the banks don't need the cash and being happy the interest rate isn't zero....and Congress discussing putting $600B to $6T more stimulus into the economy. It's way out of control again. Pullback or Crash, place your bets.