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David_Puddy
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clinto said:

I'd like to learn a little more about how y'all handle these mass accumulation stocks when they run. WWR is up around 25% today. Do y'all take profits on a portion of your shares and sell cc's on the rest?

I bought in when he was pounding the table on Twitter the other day, so I'm up about 15%.
McInnis 03
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$30,000 Millionaire said:

oh god, scalise is ranting about COVID originating in a lab. STFU and give Powell the mic.

FTAG 2000
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RigsTx said:

Prognightmare said:

AG 2000' said:

there was a rough article out on BIIB and it's Alzheimer's drug approval today. Initially thought it might be a sympathy fall for SAVA, but they're down way more than BIIB.


That's why I think this is an opportunity
Any insight on where this might bottom out?

I sold a portion of my LEAPS yesterday and looking to re-enter before the July conference.
Fibonacci's are at 72.53, 60.08, then 46.51 on the one year daily.

Would watch those for signs of a bottom / reversal.



McInnis 03
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McInnis 03 said:

FJ43 said:

Blue starred but I think the market also has anything he says baked in. Is he really going to say anything new?
Since we're on a new page...I'll explain....

This testimony I do believe is scripted, and wasn't it released yesterday? Everyone and their brother thinks "oh, JPOW, buy puts, or short!" so I'm kinda feeling a funky rally here, especially the way ES/SPY is flagging.

Many will be f'd, as Tic would say.

I may even put a stop buy on ES here,....

Expecting the dump just seems too easy.
What was that?
ProgN
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RigsTx said:

Prognightmare said:

AG 2000' said:

there was a rough article out on BIIB and it's Alzheimer's drug approval today. Initially thought it might be a sympathy fall for SAVA, but they're down way more than BIIB.


That's why I think this is an opportunity
Any insight on where this might bottom out?

I sold a portion of my LEAPS yesterday and looking to re-enter before the July conference.
I'm targeting 70 but I'll probably buy it today regardless. I want to be in it more than I care about timing the price. I'd kick myself in the nuts if this went to $200 in a day and I didn't own it because I wanted to buy it $2 cheaper.
Swollen Thumb
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Prognightmare said:

Y'all see any news on SAVA? It's approaching a price I might buy.
Go naked puts.

July $70p going for $8.50.
ProgN
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I'll look at that
RigsTx
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Swollen Thumb said:

Prognightmare said:

Y'all see any news on SAVA? It's approaching a price I might buy.
Go naked puts.

July $70p going for $8.50.
Wouldn't you want to target the August Puts?

The conference is end of July so there could be some shaking out that takes place over the next month or so.
$30,000 Millionaire
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pretty meh so far.
You don’t trade for money, you trade for freedom.
FJ43
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$30,000 Millionaire said:

pretty meh so far.
Nothing burger.

Not seeing meaningful volume on SPY one way or the other.....yet.

Still low day vs. previous days.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

gougler08
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Red Rover said:

gougler08 said:

Also, what happened with WWR, news or just rocketing?
They sent out some PR material discussing their plant. They are going to get state funding to help offset some costs, which I think was needed to avoid other fundraising. Good times today. Now show me $13.
Swollen Thumb
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RigsTx said:

Swollen Thumb said:

Prognightmare said:

Y'all see any news on SAVA? It's approaching a price I might buy.
Go naked puts.

July $70p going for $8.50.
Wouldn't you want to target the August Puts?

The conference is end of July so there could be some shaking out that takes place over the next month or so.
That's a good point and Aug $70p going for ~$20 at the moment.
FJ43
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NQ/QQQ spike
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

FJ43
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FJ43 said:

FJ43 said:

PYPL calls are back in play.

She's moving again intraday here.
PYPL may try for 287. They are up about 20% now. I may trim some here before long into that (should it try) and before Fed.
PYPL calls are over $4 now. Taking them off here.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

FTAG 2000
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Was away for a bit and now SPY 422Ps are down 30% since JPo started talking.
$30,000 Millionaire
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I am insane, but I took 14250/14000 put expiring tomorrow on NDX. Will stop out at 14265
You don’t trade for money, you trade for freedom.
FJ43
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FJ43 said:

FJ43 said:

Bought GOOGL 2480C - 3.70 entry
Lotto size and will manage close.
some buying on these now.
Trimming first batch here. at 4.70
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Ccutamu
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CLOV moving again
LarryL
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Holding onto these SPY 423 Put lottos at least until tomorrow...still don't trust this market right now
Charismatic Megafauna
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I keep adding weekly vxx calls. No way today goes down this uneventfully
FJ43
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SPY 423.42 incoming....let's see.....
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Farmer @ Johnsongrass, TX
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Jim Jordan should mention the Repo Program being reopened at the Fed. Banks returning $1 Trillion of cash doled out by Gov't and coming back to the Central Bank who will pay one half of one percent interest on that money. Chair Powell would have to comment on that situation. Jordan messed up.
FJ43
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FJ43 said:

FJ43 said:

FJ43 said:

PYPL calls are back in play.

She's moving again intraday here.
PYPL may try for 287. They are up about 20% now. I may trim some here before long into that (should it try) and before Fed.
PYPL calls are over $4 now. Taking them off here.
Out all now at $4.30
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

FJ43
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FJ43 said:

FJ43 said:

FJ43 said:

Bought GOOGL 2480C - 3.70 entry
Lotto size and will manage close.
some buying on these now.
Trimming first batch here. at 4.70
Batch 2 coming off here at $5.50
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

BrokeAssAggie
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Give me $134

$30,000 Millionaire
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Nasdaq over +2 ATR, quite the ramp. What did he say?
You don’t trade for money, you trade for freedom.
McInnis 03
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McInnis 03 said:

TEST:

If you expect markets to drop after JPOW talks, blue star this.

I'll explain my thesis shortly.
30 blue stars on that one.
clinto
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Are y'all keeping your ASAN puts on?
sts7049
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i bought SPY 425 jul30 calls this morning and exited now. turned out great!
FJ43
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clinto said:

Are y'all keeping your ASAN puts on?
I still have some on.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

$30,000 Millionaire
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I guess you all should just fade me every time I feel bearish.
You don’t trade for money, you trade for freedom.
FTAG 2000
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clinto said:

Are y'all keeping your ASAN puts on?
FJ43
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Tech

Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

tlepoC
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Chairman Clyburn just gets what he needs to say directly handed to him mid-sentence?
$30,000 Millionaire
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re-entering short
You don’t trade for money, you trade for freedom.
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