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jimmo
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FJ43 said:

NRD09 said:

FJ43 said:

Added to CHWY lottos at .20

I'm in...is the target 30 x .2, or 30 x .73?
My average is .30 now. Looking for .80 if we can get back to today's high or close. Need over 80.90
got in at 0.9
lets ride
FJ43
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jimmo said:

FJ43 said:

NRD09 said:

FJ43 said:

Added to CHWY lottos at .20

I'm in...is the target 30 x .2, or 30 x .73?
My average is .30 now. Looking for .80 if we can get back to today's high or close. Need over 80.90
got in at 0.9
lets ride

If this gets over 80.90 you're gonna make a killing.

You are already at almost a 4X trade
\
Edit -= whoops I read .09.

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

bmoochie
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AG
FJ43 said:


CHWY lottos coming back
Lets go! averaged in at .19
jimmo
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FJ43 said:

jimmo said:

FJ43 said:

NRD09 said:

FJ43 said:

Added to CHWY lottos at .20

I'm in...is the target 30 x .2, or 30 x .73?
My average is .30 now. Looking for .80 if we can get back to today's high or close. Need over 80.90
got in at 0.9
lets ride

If this gets over 80.90 you're gonna make a killing.

You are already at almost a 4X trade
I'm unconscious on these
BrokeAssAggie
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350K volume spike on CLF. $22.63 next pivot
SpeedyAg90
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AG
Jumped in some ABNB calls, not sure if you would call that a double bottom but seem like it found a bottom.
jimmo
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FJ43 said:

jimmo said:

FJ43 said:

NRD09 said:

FJ43 said:

Added to CHWY lottos at .20

I'm in...is the target 30 x .2, or 30 x .73?
My average is .30 now. Looking for .80 if we can get back to today's high or close. Need over 80.90
got in at 0.9
lets ride

If this gets over 80.90 you're gonna make a killing.

You are already at almost a 4X trade
\
Edit -= whoops I read .09.


sry
it was .09 lol
Touchless
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AG
CrazyRichAggie said:

Appears there's one thing that can withstand inflation l. I guess technically that's false. We could get 30 for that price in the early 2000


I think the craft beer boom over the last 10-15 years was the best thing to happen to the original domestic beers. Craft beer is always over $1 each when buying a 6 or 12 pack so the low end stuff just raised their prices but still look cheap compared to the craft options.
FJ43
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COME ON CHWY

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

Charismatic Megafauna
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You guys know anything about vktx?
Touchless
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What are some of the longer dated SPY hedges some of y'all are in? I need to get something on and am thinking of going out to August. $420 is the 50 day EMA but there also looks to be some support around the $425 area.
sts7049
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AG
Aug 400s
Brewmaster
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Touchless said:

What are some of the longer dated SPY hedges some of y'all are in? I need to get something on and am thinking of going out to August. $420 is the 50 day EMA but there also looks to be some support around the $425 area.
hedges? what are those?
Brewmaster
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AG
SPCE bounce play lotto... watching to see if it goes flat and then reverses.
$30,000 Millionaire
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Touchless said:

What are some of the longer dated SPY hedges some of y'all are in? I need to get something on and am thinking of going out to August. $420 is the 50 day EMA but there also looks to be some support around the $425 area.


I am going to hang into my July until next week to hopefully roll to Aug on some market weakness of any kind.

I would look at put debit spreads. 425/410 is probably solid and not that expensive. Per last nights posts, I think sub 410 is pretty unlikely unless we really roll over.
You don’t trade for money, you trade for freedom.
Barty Dont Hedge
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Any thoughts on WAVE long term?
$30,000 Millionaire
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I am joking (I think): SPY 450 is probably more likely than 400
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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This action really reminds me a lot of last summer. It SHOULD be going down but it just won't.
You don’t trade for money, you trade for freedom.
Farmer @ Johnsongrass, TX
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As much as my conventional wisdom is telling me not to type this, here is what I see.

QQQ
RSI14 = 74
Trading range today is above
5SMA
9SMA
21SMA
Volume - Declining

Net result = It's BULLISH for a forward look (~10 days to longer).


Other thoughts.

I can't get the quicker reads you do since I use SMA and you use EMA. Sometimes the EMA will give an incorrect signal, but it's typically going to yield a correct signal for near term/daily activity. My metrics will miss a daily move.

Sitting with my cash position and I see dollars flying by me, yet I don't have the balls to deploy the major money for a longer term investment in anything. If I am "in" today, I want to be "out" today.

If I hear the talking heads start to claim that FED tapering is already priced in the market or that higher interest rates are already priced in the market...I'll go nuts.

Look at the volume on SPY (bring a magnifying glass), yet up $1.59

Biden is worried about a COVID outbreak....<Market shrugs>


Irish 2.0
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RIDE just got neutered
FJ43
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Bought a few VIX July,20 22C
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

FJ43
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BREwmaster said:

SPCE bounce play lotto... watching to see if it goes flat and then reverses.
Thought it was going to at 48.80
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Agvet12
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One of the ugliest Green Day's I've had in a long time
Triple_Bagger
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FJ43 said:


TSLA gave up its entire day plus some.
Bounced off $700 and fell $25+, similar to what it did last Thursday. Might take another 1-2 attempts to push through.
FJ43
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The lotto of the day may be SPY 432P
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

AgEng06
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$30,000 Millionaire said:

This action really reminds me a lot of last summer. It SHOULD be going down but it just won't.
After 4 hours, I think you're supposed to see a doctor.




Alternatively.... TWSS
CPDAggie10
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WWR Nov $5P going for $1.35. So tempting, but I already have so much.
Brewmaster
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CrazyRichAggie said:

350K volume spike on CLF. $22.63 next pivot
was just about to post this, multiple big buys today on it. I'm adding some commons too here on this pullback.
$30,000 Millionaire
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A+ And a good problem to have.
You don’t trade for money, you trade for freedom.
Touchless
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$30,000 Millionaire said:

Touchless said:

What are some of the longer dated SPY hedges some of y'all are in? I need to get something on and am thinking of going out to August. $420 is the 50 day EMA but there also looks to be some support around the $425 area.


I am going to hang into my July until next week to hopefully roll to Aug on some market weakness of any kind.

I would look at put debit spreads. 425/410 is probably solid and not that expensive. Per last nights posts, I think sub 410 is pretty unlikely unless we really roll over.
Thanks. I like the idea of a debit spread. I do tend to struggle with closing these out though since it takes a bigger dip to get as large of a return. But that's just the mental side of it I have to get over.
FJ43
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OI for July 20 VIX 40C is 389k
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

J.P. 03
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AG
FJ43 said:

The lotto of the day may be SPY 432P
At around 2:29? Because if so, I'm in.
FTAG 2000
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Red day and meanwhile my $RIG just crested $5. 20% in two weeks. #shbm
gigemJTH12
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FJ43 said:


OI for July 20 VIX 40C is 389k


I don't have VIX on TDA app. Anyone else see this issue?

Only have VIXM AND VIXY.
$30,000 Millionaire
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Side note: would any of you guys live in Qatar? I got a phone call for a C level position that would, well, pay a lot.
You don’t trade for money, you trade for freedom.
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