Dude once you dig into TOS you won't go back to TDA's main site. Night and day.BREwmaster said:I literally use TDA's website right now, but I have downloaded think or swim, need to dig into it.OutlawAG04 said:BREwmaster said:
cheap lotto idea:
AMD
117/118, cost around $20...net free just above sp of 116. max gain at exp Friday, $81.
Do you use TOS for most of your spreads? I have found fidelity to be a pain for spreads and IBKR I'm still getting used to the system.
-signed, Former Fidelity acct holder!
Stock Markets
24,810,342 Views |
233493 Replies |
Last: 11 hrs ago by Quacked
A little long but the method I use anyway...slacker00 said:
On the HD idea, how do you pick your entry level?
Looking back there's a recent LH at 333.45 and then both sides of the gap and ATH back just before last Q earnings. Are you just picking the previous daily high to avoid some chop and hope for continuation? or is there a little more to method to the madness?
Entry - Yes on previous day's high (today) on this once since it just broke and confirmed the downtrend flag. If it doesn't confirm today's high then may get caught in a fake breakout or sideways trading which will crush premium. If it doesn't have continuation or a day 2 here then back to the trend line most likely as a back test. It really needs to confirm this level before entering IMO. Periodically I will front run (scale in a small entry) if has momentum but not here since this level is decent resistance.
Should it confirm today's high, the 333.45 was back on 7/23 which may serve as potential resistance but I see next primary resistance at 336, 338 & 341.....all ish.
On weekly scalps I seldom go very much OTM. Since closer to expiry on entry here, I will choose ATM or a strike below the target to try and go ITM with the call.
Also to note here.... I manage these types of trades so if I enter and the trade becomes green fairly quick I will set a trailing stop to protect some gains (or prevent turning into a red trade) or trim and trail (sell %'s on the way up). Additionally if the price action loses the entry level or prior close I will often exit the trade. You can always buy back in should it reconfirm.
Keep losses small and winners larger. A scratch is ok and so are small losses. Allowing the loss to grow in hope can wipe out wins.
My target exit will be at 1st major resistance and leave a runner(s) with trailing stops fairly wide not to get caught in a flash down.
Hope that helps understand my sick fetish with weeklies.
I am not really sure as earnings are 50/50 these days.Double_Bagger said:My brain says no, but the gambler in me says yes. What's the play?FJ43 said:
Anyone playing ROKU earnings tomorrow?
It just gave up 100%+ of its recent run up. Guessing I would think ROKU has a good report though.
for TOS
noticed this scan criteria posted on my twitter feed today.
Expect some here saw it - but for those that didn't:
- it's supposed to identify RDRs (red dog reversal) on daily chart.
seems to work pretty good too. (I only entered the circled criteria + set a volume/ price criteria)
noticed this scan criteria posted on my twitter feed today.
Expect some here saw it - but for those that didn't:
- it's supposed to identify RDRs (red dog reversal) on daily chart.
seems to work pretty good too. (I only entered the circled criteria + set a volume/ price criteria)
here's a good example of the RDRs
jimmo said:
for TOS
noticed this scan criteria posted on my twitter feed today.
Expect some here saw it - but for those that didn't:
- it's supposed to identify RDRs (red dog reversal) on daily chart.
seems to work pretty good too. (I only entered the circled criteria + set a volume/ price criteria)
Post the scan here, yo
You don’t trade for money, you trade for freedom.
$ROKU - I would be inclined to bet LONG on earnings. Put credit spread gets you that sideways to up option. Maybe add a couple of OTM verticals. This thing has sold off so much.
You don’t trade for money, you trade for freedom.
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,961
How long do you want to ignore this user?
FJ43 said:I am not really sure as earnings are 50/50 these days.Double_Bagger said:My brain says no, but the gambler in me says yes. What's the play?FJ43 said:
Anyone playing ROKU earnings tomorrow?
It just gave up 100%+ of its recent run up. Guessing I would think ROKU has a good report though.
I kinda like that the last part of this drop is lower volume. It feels like a bad report moves the price down less than a good report moves it up. Too much sympathy drop already baked it do to NFLX. I didn't look at the play hard enough, but it looks like a good one for ITM calls or even shares with the goal of taking a single on a little pop and having a quick trigger to sell if the report is bad.
Im 0 for 3 on earnings play this round, so I want this play to be low risk.FJ43 said:I am not really sure as earnings are 50/50 these days.Double_Bagger said:My brain says no, but the gambler in me says yes. What's the play?FJ43 said:
Anyone playing ROKU earnings tomorrow?
It just gave up 100%+ of its recent run up. Guessing I would think ROKU has a good report though.
Looking at the call spreads and the risk/reward isn't great
$30,000 Millionaire said:
$ROKU - I would be inclined to bet LONG on earnings. Put credit spread gets you that sideways to up option. Maybe add a couple of OTM verticals. This thing has sold off so much.
Love seeing how others approach a binary event, really helps me look at the play from different angles.
Love seeing how others approach a binary event, really helps me look at the play from different angles.
Looking at option prices now:
Sell a 410 put @13.10
Buy a 400 put @9.70
Net Credit = $340
Max Loss = $660
Seems like selling an ITM put will yield a better risk/reward:
Sell a 440 put @30.50
Buy a 410 put @13.70
Net Credit = $1680
Max Loss = $1320
How do you normally play these?
BTFD
Sitting on a plane, are these weekly or monthly? And is the bid/ask crazy on them?
I need to see where it goes tomorrow but if I were doing it right now I would probably do 415/400 assuming R:R was 1:1
You don’t trade for money, you trade for freedom.
Weeklies. The spread isn't great but not terrible either.jwhitlock3 said:
Sitting on a plane, are these weekly or monthly? And is the bid/ask crazy on them?
P400 9.15/9.70
P410 13.10/13.70
P420 17.95/18.85
P450 37.90/39.55
BTFD
With the 410/395, you would make money as long as Roku was over $404.40 at current prices. I would try to get $6 for this. I think the odds of a sub 400 print are low unless they absolutely tank. I think odds of upside surprise are greater so I wouldn't want to do an iron condor.
You don’t trade for money, you trade for freedom.
Thanks 30k$30,000 Millionaire said:
With the 410/395, you would make money as long as Roku was over $404.40 at current prices. I would try to get $6 for this. I think the odds of a sub 400 print are low unless they absolutely tank. I think odds of upside surprise are greater so I wouldn't want to do an iron condor.
Just saw this Form 4 come through for ROKU. CEO sold a bunch of shares yesterday, but it was through a
10b5-1 Sales Plan. Looks like there's a pattern of these sales every 2 weeks for the past 2 years, so I don't think it's too concerning for the earnings play.
http://archive.fast-edgar.com/20210803/AUV2K22CK222V2Z2222N2CZZNMCUP2729232/
BTFD
Thanks for the detailed response.
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,974
How long do you want to ignore this user?
AG
Seems like it, but we got an infrastructure bill coming and I'm hanging my hat on Adam's 19 point move
Important to note #ES_F has been flagging in this 4375-4430 zone for over a week. The break from this base wont be small
— Adam Mancini (@AdamMancini4) August 2, 2021
It was a 190 point rally into it & 190 point move out of it would be the measured move. While I have 4465 resistance/target, important to be mindful of this https://t.co/aiQRoezO4r
RDR_Shortsjimmo said:
RDR
hope that works
tried to make 1 to catch RDRs to short. 1st one catches longs hopefully
still have to look thru charts - but overall, might save me some time
jimmo said:RDR_Shortsjimmo said:
RDR
hope that works
tried to make 1 to catch RDRs to short. 1st one catches longs hopefully
still have to look thru charts - but overall, might save me some time
Is there a way for this list to be exported to a viewable list if you don't have TOS? Asking for a friend
$CWH earnings were solid. I think we can get to $60.
You don’t trade for money, you trade for freedom.
Thoughts on $egoc? Chart looks healthy.
https://instagr.am/p/CSI0PgGs5fg
Ags, Demond Demas's step mom passed away unexpectedly last night and he's asking for assistance with funeral costs. He's been one of our biggest and most vocal supporters and I truly believe he loves being an Aggie despite not seeing the field much this year. I think it would be a good thing to show some support if you have the means to.
Ags, Demond Demas's step mom passed away unexpectedly last night and he's asking for assistance with funeral costs. He's been one of our biggest and most vocal supporters and I truly believe he loves being an Aggie despite not seeing the field much this year. I think it would be a good thing to show some support if you have the means to.
Ferris Wheel Allstar
Joined:
Mar 19, 2006
Posts:
25,000
How long do you want to ignore this user?
AG
Challenger 17 said:
https://instagr.am/p/CSI0PgGs5fg
Ags, Demond Demas's step mom passed away unexpectedly last night and he's asking for assistance with funeral costs. He's been one of our biggest and most vocal supporters and I truly believe he loves being an Aggie despite not seeing the field much this year. I think it would be a good thing to show some support if you have the means to.
$10k I'm about an hour.
Mornun!
More or less flat.
Futures held up well overnight.
Europe green
Asia mostly green with Nikkei slightly red.
SPY - Maybe inside day today or do we try and get to new ATH?
Qs - Watching mega caps for strength.
IWM - Can you get over and close above the 21EMA finally? For the love of small caps we need you moving.
VIX - Please knock it off and move and stay below 18.
Oh...NIO popped a buck on the first prints. Maybe we see China stocks move today.
Let's do this!
Trade wisely!
More or less flat.
Futures held up well overnight.
Europe green
Asia mostly green with Nikkei slightly red.
SPY - Maybe inside day today or do we try and get to new ATH?
Qs - Watching mega caps for strength.
IWM - Can you get over and close above the 21EMA finally? For the love of small caps we need you moving.
VIX - Please knock it off and move and stay below 18.
Oh...NIO popped a buck on the first prints. Maybe we see China stocks move today.
Let's do this!
Trade wisely!
With he NIO pop I checked a few others....
XPEV
Breaking downtrends premarket. Watch for fake breakout.
Needs to confirm / break 44.42.
Next rough resistance 45.74 (over this could run a few bucks), 48.60 & 51.15
MT (11/20-5/21) = 50.37
Weekly 44 or 44.5s might be a play here if this has continuation. Could also go out a few weeks.
NVTA
- Double bottom at prior support.
- Downtrend break.
- Closed above 50EMA at 1st resistance.
- Could play back to $35 or even trendline dates MT of $42.63
- Needs to confirm yesterday's high of $31.90 to avoid fake breakout.
August 35c are .20/.25. Could go out further as well. No weekly options.
ACTIVISION BLIZZARD SHARES UP 6% PREMARKET AFTER CO FORECASTS CURRENT QTR ADJ REVENUE ABOVE ESTIMATES$ATVI
— *Walter Bloomberg (@DeItaone) August 4, 2021
austinAG90..
This is your wheel house..
CITI DOWNGRADES RECOMMENDATION ON TECH-HEAVY U.S. EQUITIES TO NEUTRAL ON EXPECTATION OF HIGHER REAL TREASURY YIELDS
— *Walter Bloomberg (@DeItaone) August 4, 2021
CITI SEES 10-YR TREASURY YIELDS RISING TOWARDS 2% BY 2022, WITH 70 BASIS-POINT INCREASE IN INFLATION-ADJUSTED "REAL" YIELDS
Should we expect anything with WWR earnings this morning?
tam2002 said:
Should we expect anything with WWR earnings this morning?
The moon.
That's a joke by the way.
looking for export function.. just not seeing seeing it right off hand.OutlawAG04 said:jimmo said:RDR_Shortsjimmo said:
RDR
hope that works
tried to make 1 to catch RDRs to short. 1st one catches longs hopefully
still have to look thru charts - but overall, might save me some time
Is there a way for this list to be exported to a viewable list if you don't have TOS? Asking for a friend
maybe after more coffee - it'll show up
Nothing to see here....
ETA: I don't think it is official, but he is saying it is just a formality at this point.
ETA: I don't think it is official, but he is saying it is just a formality at this point.
The infrastructure deal was passed.
— unusual_whales (@unusual_whales) August 4, 2021
Numerous senators and house members have purchased millions in infrastructure stocks BEFORE the deal was announced.
Includes $BLNK, $TSLA, $OSK, $PLUG, and many others.
What did they know?
Link: https://t.co/raMqfkXmWj pic.twitter.com/Djch9OkoAy
$CVS getting pummeled in PM
Featured Stories
See All
No. 15 A&M's hot start more than enough to run away from NMSU, 38-3
by Olin Buchanan
19:00
6h ago
2.8k
Post Game Review: No. 15 Texas A&M 38, New Mexico State 3
by Kay Naegeli
19:50
1d ago
5.9k
Donors can now earn priority points by giving to Texas Aggies United
by Texas Aggies United
TJM90
What hotel is the the tu football team staying at for our game?
in Billy Liucci's TexAgs Premium
34
Ag with kids
What hotel is the the tu football team staying at for our game?
in Billy Liucci's TexAgs Premium
25