Wondering if we need to think about selling some SAVA put spreads here.
2X on these if you followed. I'm holding$30,000 Millionaire said:unknown. i am willing to see what happens, though.J.P. 03 said:Do you think we'll break under 4390 this afternoon or you just looking for any type of downward move to cash out quickly?$30,000 Millionaire said:
0 DTE 4385P lotto on SPX @0.90
(Asking for someone who bought SPY puts this morning that haven't spiked enough to cash out on or dropped enough to bail on yet)
Sold 55/50's for $1.40.McInnis 03 said:
Wondering if we need to think about selling some SAVA put spreads here.
Great trade. Congrats!$30,000 Millionaire said:
out for a solid 2.2X on that. Will likely reshort on bounce.
well that would have been a nice little entry to scalp.CrazyRichAggie said:
SPY new LOD
What dates on these? I'm guessing you're talking August?McInnis 03 said:Sold 55/50's for $1.40.McInnis 03 said:
Wondering if we need to think about selling some SAVA put spreads here.
big boys shaking the tree hard...nice buy opp!Agvet12 said:
Out of the loop on all fronts due to son being born,
What the hell happened with SAVA? Lol an absolute epic puke on good news? Massive buy opportunity?
so sell 55 buy 50 put correct?McInnis 03 said:Sold 55/50's for $1.40.McInnis 03 said:
Wondering if we need to think about selling some SAVA put spreads here.
This is what I did, yes. I'm selling the 55 but buying the 50 to protect myself. The goal here is for SAVA to take a bounce in the next few days and then buy these back, or you can diamond hand them to expiration.Colt98 said:so sell 55 buy 50 put correct?McInnis 03 said:Sold 55/50's for $1.40.McInnis 03 said:
Wondering if we need to think about selling some SAVA put spreads here.
So when entering do you normally do it as a bull put spread or do you leg in. Look like it I would have bought the 50 put then cam e back and sold the 55 put I could have gotten more premium? Haven't done these in years and kind of forgot the action on them.McInnis 03 said:This is what I did, yes. I'm selling the 55 but buying the 50 to protect myself. The goal here is for SAVA to take a bounce in the next few days and then buy these back, or you can diamond hand them to expiration.Colt98 said:so sell 55 buy 50 put correct?McInnis 03 said:Sold 55/50's for $1.40.McInnis 03 said:
Wondering if we need to think about selling some SAVA put spreads here.
If we see continued weakness, we may bail out and take a small loss. Though the IV is so high, we may still be ok if the drop is slow and steady. These may still be profitable with a drop in IV.
For sake of simplicity I enter verticals as a vertical and typically exit them as a vertical.Colt98 said:So when entering do you normally do it as a bull put spread or do you leg in. Look like it I would have bought the 50 put then cam e back and sold the 55 put I could have gotten more premium? Haven't done these in years and kind of forgot the action on them.McInnis 03 said:This is what I did, yes. I'm selling the 55 but buying the 50 to protect myself. The goal here is for SAVA to take a bounce in the next few days and then buy these back, or you can diamond hand them to expiration.Colt98 said:so sell 55 buy 50 put correct?McInnis 03 said:Sold 55/50's for $1.40.McInnis 03 said:
Wondering if we need to think about selling some SAVA put spreads here.
If we see continued weakness, we may bail out and take a small loss. Though the IV is so high, we may still be ok if the drop is slow and steady. These may still be profitable with a drop in IV.
don't hope... do you even model T brah?Brian Earl Spilner said:
Been waiting on AMZN for a while now and finally decided to jump in.
Harvested losses from UAL, ETHE, and took a little profit from MRNA to cover the purchase.
Hoping I got the timing right.
Honestly I am still fairly new to all this so I'm hoping this doesn't mean I just effed up.BREwmaster said:don't hope... do you even model T brah?Brian Earl Spilner said:
Been waiting on AMZN for a while now and finally decided to jump in.
Harvested losses from UAL, ETHE, and took a little profit from MRNA to cover the purchase.
Hoping I got the timing right.
was wondering this myselfCrazyRichAggie said:
So I am trying to recall my Jedi training. SPY just had a 600K volume spike on the minute chart but very little movement in price. Doesn't that indicate something?
If this ever gets options it will be a lot of fun.AG 2000' said:
CIDM regains NASDAQ compliance.
Let's ride.
This is making me want out of everythingAG 2000' said:
Need to spend the weekend figuring out COVID plays that haven't spiked yet. Pretty clear the Biden regime gonna pump that up next month with lockdowns and delta gonna kill us all fear porn.