i can't tell you the times i've gotten excited about an earnings move AH only for it to be completely different by the next morning.McInnis 03 said:
Completely possible.
I hope not.
You don’t trade for money, you trade for freedom.
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Appreciate the explanation. I'm not to the point where I am playing anything alerted here in real-time. The after hours examples are helpful in that I have time to consider the variables and see how everything looks.
OA's 8/20 $48 NIO calls moved nice today. Anyone know the PT? I see the stop at .71
GTIAG09 said:
OA's 8/20 $48 NIO calls moved nice today. Anyone know the PT? I see the stop at .71
He said $4.
I dumped them Tuesday. Don't trust anything China related.
China was nice enough to rally its banks and hedge funds after the Chinese stocks all got smoked this week.mazag08 said:GTIAG09 said:
OA's 8/20 $48 NIO calls moved nice today. Anyone know the PT? I see the stop at .71
He said $4.
I dumped them Tuesday. Don't trust anything China related.
Good for a short term play but I wouldn't trust anything long term with them.
I think these will continue to move. I took the 8/6 42s as were up really well today.GTIAG09 said:
OA's 8/20 $48 NIO calls moved nice today. Anyone know the PT? I see the stop at .71
42.75 will be some resistance to watch.
PINS
Will be adding this to my alerts for a weekly options play. If it broke this week I would probably go 8/6
Consolidating here after the gap up. Looking for trendline break and 77.29 confirmation.
RUN
Adding this to my list as well.
Keep in mind macros have to hold up here.
EMAs all wadded up here. Ideally a trendline break and $53.44 confirmation for me. Would be a weekly back to 56.30 or 58.60.
If it confirms the 58.60 it could have some legs with volume IMO.
TSLA
All I know is I want to be on the right side of this when it goes. Whichever way....
Consolidating in relatively tight range. Has been just back testing/walking down the descending trend line and yesterday bounced the rising trend line.
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$30,000 Millionaire said:i can't tell you the times i've gotten excited about an earnings move AH only for it to be completely different by the next morning.McInnis 03 said:
Completely possible.
I hope not.
Same. Couldn't McSmart put in an AH buy order here for the same or less shares account of in his put spread as a hedge to lock in his gains?
Bob Knights Paper Hands
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Prognightmare said:I wouldn't be shocked if they halt SAVA around 9:30 am so keep that in mind.Red Red Wine said:
Diamond hands baby!
I mentioned that I'd sold most of my SAVA earlier in the week. If we get more downward price movement I the premarket I'll put in some OTM call orders at the open, hoping to get some cheap lottos. I'll have to look tonight and see if any look really interesting.
One thing that I've learned through the years is that the market or stock action is unpredictable, that's why I very seldom rec options. All I'll say is this, expect severe premium peel of all options once the update comes out. SAVA's options are so juiced that I would rather avoid them than bank on the wrong side of the equation.Tomas Hermensa said:Prognightmare said:I wouldn't be shocked if they halt SAVA around 9:30 am so keep that in mind.Red Red Wine said:
Diamond hands baby!
I mentioned that I'd sold most of my SAVA earlier in the week. If we get more downward price movement I the premarket I'll put in some OTM call orders at the open, hoping to get some cheap lottos. I'll have to look tonight and see if any look really interesting.
I played selling puts twice on SAVA the last two weeks, but made sure to be closed out before tomorrow's presentation. Even though I was decently out of the money on my strike, I could easily see a big sell the news event.
I have net free shares in my 401k that I'm not selling.
I have net free shares in my 401k that I'm not selling.
No material on this site is intended to be a substitute for professional medical advice, diagnosis or treatment. See full Medical Disclaimer.
Anyone looking at FDX? Seems like over reaction from UPS earnings. Checking a few options here but a 9/3 debit spread for 300/310 looks pretty good. Hovering between -2 to -3 ATR.
Tomas Hermensa said:$30,000 Millionaire said:i can't tell you the times i've gotten excited about an earnings move AH only for it to be completely different by the next morning.McInnis 03 said:
Completely possible.
I hope not.
Same. Couldn't McSmart put in an AH buy order here for the same or less shares account of in his put spread as a hedge to lock in his gains?
nah. Butterflies are sealed so gotta play them as a unit.
So I posted these on 7/12. Just thought I'd follow up 2 weeks later.slacker00 said:
Trying to learn to find setups on my own and not necessarily the same names that are here everyday. Here's a few of what I think are the better ones that I am looking at the rest of the week. Not sure I know what I'm doing yet, but if I don't put myself out there I won't learn.
HZO - I don't like that the 8 ema is below the 22 ema but it closed above both of those today and everything else looks good.
TREX - I like this one. Just add volume and maybe clear $104 level.
WSM - watching this one. It looks a little early but the ema's are stacked and it is trading in a fairly tight pattern.
In general they all followed the macro market sideways and down that first week.
HZO: On the 19th it went -2 ATR and bounced off the 200dma and recovered the moving averages over the next few days. Had a nice earnings and pulled back to the 8 ema this week. Looks like it is setting up well. It will have resistance at 56 from the recent high. Still looks like a good setup to me.
TREX: Went down with the macro market, rallied, but then lost the 8/22 emas again. Doesn't look like a good setup going into earnings next week.
WSM: This one is chopping around near the recent lows and looks like a possible play to the downside to fill the gap that FJ pointed out. If it loses 150 it could fill the gap down to 140 where the 200d ma is waiting for support.
Not ready to quit the day job quite yet. Will try again.
0708aggie said:
Thoughts on QS? On the 1 month looks like a descending wedge. Had a period last week/Monday of consolidation and broke down with the market.
Dang it. Didn't take my own play. Of course up 13%.
Does anyone here think that the Fed's clearing house Blackrock, with $10T AUM, won't know exactly when taper and rate hikes will happen? While the rest of us blindly try to make sense of their market ripples.
Just as Wall St. front runs their own upgrades and downgrades, they will get the scoop on Powell before all of us. Meanwhile, the SEC is scanning reddit looking to give out wedgies to retail traders. Or calling up Michael Burry because he is interfering with Powell's periodic MMT sermons.
God Bless the posters here giving us a fighting chance.
Just as Wall St. front runs their own upgrades and downgrades, they will get the scoop on Powell before all of us. Meanwhile, the SEC is scanning reddit looking to give out wedgies to retail traders. Or calling up Michael Burry because he is interfering with Powell's periodic MMT sermons.
God Bless the posters here giving us a fighting chance.
Sometimes the transports offer clues.
You don’t trade for money, you trade for freedom.
Morning!
More or less flat but nice to see VIX below 18 early here.
- Futures did trade down to yesterday's lows through the night so let's see what range we have today.
- I guess I am sort of expecting more volatility as it doesn't feel like the bulls or the bears have control yet.
- Seeing some of the China stocks with opening premarket prints green here. Day 2 runs possible.
- AMZN earnings today. What would a split do for share holders?
ROKU to 500, TSLA to 700, SAVA life changing results and an AMZN 10 for 1 split.....not asking for much.
Trade wisely!
NIO with gap up and now sitting on top of my 42.75 resistance prior resistance. Hold this and may have some legs today.
First glance next is about a buck up then 45.30ish then 47.23ish I see. Smaller levels in between.
IWM slight gap up and looking like may move a little.
Watchin 223.30 and if confirms might be game on for small caps.
Watchin 223.30 and if confirms might be game on for small caps.
FUTU gapping up but running into 117.91 resistance. Let's see if all China stocks have a day 2 run....regardless what we think about China and trust.
I dedicate this day to Prog.....
His SAVA board alert and pick. Yes I hope the stock runs for all who are in it but I I am most prayerful for those that SAVA may be able to help change their lives medically.
Prayers up for great results that are life changing.
Well....
JUST IN: Disney to require masks again at Florida and California parks https://t.co/xIMN7D4CU2
— Bloomberg (@business) July 29, 2021
You forgot about $AMD to 150 by 9/17. Heck, 120+ and it will easily be my best options trade $ wise ever.
Something I've been working on that hopefully helps some of you guys especially those of you who are really busy with other stuff in life and use trading as a hobby and side hustle...
Trading less and not trading at all when I'm really busy or my mind isn't right with distractions... or if I don't have a good feel for how the markets are moving. But when I do see a great setup AND it is a good company fundamentally AND the options premiums values seem off in a good way, I'm taking that trade with SIZE and discipline. They're not gonna all work out, but the winners will probably out win the losers.
Some other things I've drifted towards... expiration dates further out and ATM or not too much OTM... Carter style... he's got some great thoughts on this in his book.
So yesterday I went into AMD 9/17 with size, 50/50 on number of contracts at 100 (@ $3.50) & 105 (@ $2.15). Those premiums being that low just seemed out of whack given how it can move. See last July/August for example. Setup look familiar? Needs a close 100+ ideally tomorrow on the weekly & monthly chart. It is my one and only open trade, and I have 7+ weeks to let it work out so I won't be quick to sell out and move on.
Something I've been working on that hopefully helps some of you guys especially those of you who are really busy with other stuff in life and use trading as a hobby and side hustle...
Trading less and not trading at all when I'm really busy or my mind isn't right with distractions... or if I don't have a good feel for how the markets are moving. But when I do see a great setup AND it is a good company fundamentally AND the options premiums values seem off in a good way, I'm taking that trade with SIZE and discipline. They're not gonna all work out, but the winners will probably out win the losers.
Some other things I've drifted towards... expiration dates further out and ATM or not too much OTM... Carter style... he's got some great thoughts on this in his book.
So yesterday I went into AMD 9/17 with size, 50/50 on number of contracts at 100 (@ $3.50) & 105 (@ $2.15). Those premiums being that low just seemed out of whack given how it can move. See last July/August for example. Setup look familiar? Needs a close 100+ ideally tomorrow on the weekly & monthly chart. It is my one and only open trade, and I have 7+ weeks to let it work out so I won't be quick to sell out and move on.
If this post is on the B&I forum, lighten up it's just money!
Disclaimer: I'm not that smart.
Disclaimer: I'm not that smart.
FACEPALMFJ43 said:
Well....JUST IN: Disney to require masks again at Florida and California parks https://t.co/xIMN7D4CU2
— Bloomberg (@business) July 29, 2021
My kids have NEVER had to wear masks anywhere (ages 5 & 7) so I'm curious how they'll fare on a 10+ hr flight Saturday...especially my 5 yr old who is having a lot of anxiety about it... The UK rule has always been age 11+, and for the life of me, I've never understood the US rule being age 2+. The Brits are a nutty bunch, but always seem to put children first... anybody flown with young children and have any advice? Do the flight crews typically fully enforce on young kids?
Sorry for the derail... end rant.
FUBO
Tried it and bailed once already.
Confirms 28 and I will go 8/6 30C
59 South said:FACEPALMFJ43 said:
Well....JUST IN: Disney to require masks again at Florida and California parks https://t.co/xIMN7D4CU2
— Bloomberg (@business) July 29, 2021
My kids have NEVER had to wear masks anywhere (ages 5 & 7) so I'm curious how they'll fare on a 10+ hr flight Saturday...especially my 5 yr old who is having a lot of anxiety about it... The UK rule has always been age 11+, and for the life of me, I've never understood the US rule being age 2+. The Brits are a nutty bunch, but always seem to put children first... anybody flown with young children and have any advice? Do the flight crews typically fully enforce on young kids?
Sorry for the derail... end rant.
I was able to skirt the rule for my 2 year old but the flight attendants were pretty strict about the 5 year old wearing it. Not rude at all, just asked her to put it on a couple times
And of course my wife is going to Disneyland next week, so she's bummed about the masks coming back
FJ43 said:
FUBO
Tried it and bailed once already.
Confirms 28 and I will go 8/6 30C
I like the setup a lot medium term on daily and weekly. Might go sideways some more but potential for explosion move back to maybe 50 is there.
If this post is on the B&I forum, lighten up it's just money!
Disclaimer: I'm not that smart.
Disclaimer: I'm not that smart.
RDSA killed earnings, $2B share buyback and dividend moving back up to $0.24/share. Bullish for energy
Appreciate the gesture, but McInnis is the OG that first brought SAVA into the clubhouse.FJ43 said:
I dedicate this day to Prog.....
His SAVA board alert and pick. Yes I hope the stock runs for all who are in it but I I am most prayerful for those that SAVA may be able to help change their lives medically.
Prayers up for great results that are life changing.
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