Up 20%CrazyRichAggie said:
TSLA holding support around $710. I think she makes another run at $750, entering 8/20 $750 calls.
Stock Markets
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Last: 17 hrs ago by Quacked
I'm in the 8/6 750C up 54%. Keep going baby!
This apparently is a lesson I refuse to learn.
I only bought one of the 105c 9/17 at $2.23. Sold it when the stock price went over $120 for $17.30Talon2DSO said:
I'm holding AMD
105c 08/27; bought at $1.32
120c 10/15; bought at $1.01
Sold a 105c to go net free.
Thanks 59 & Ragoo for the play!
59 South said:So this is my best options trade ever $ wise. Have half & half contracts at 100 & 105 for 9/17 bought when they were otm last week. So many options now and curious what you'd do:$30,000 Millionaire said:
Incredible short squeeze in AMD
- Sell all
- Sell the 105 half
- Sell 8/20 120 or higher calls against them
- Sell 9/17 120or higher calls against them
Thoughts? I've never been in a situation quite like this one...
I would at least take half and then I would trail stops up on the rest.
You don’t trade for money, you trade for freedom.
Saying more - don't let your winner become a loser. There is no telling when a parabolic move ends but you can control your stops.
You don’t trade for money, you trade for freedom.
i bought some weekly 755s. i'm up about 90%CrazyRichAggie said:Up 20%CrazyRichAggie said:
TSLA holding support around $710. I think she makes another run at $750, entering 8/20 $750 calls.
I maybe could still be in the trade if I had used stops. I set a target and went for it as soon as I could. If I would have set a stop I maybe would have been caught out at the start of a day but looking at the chart, probably not.
Next lesson up for me is trailing stops.
Next lesson up for me is trailing stops.
sts7049 said:i bought some weekly 755s. i'm up about 90%CrazyRichAggie said:Up 20%CrazyRichAggie said:
TSLA holding support around $710. I think she makes another run at $750, entering 8/20 $750 calls.
Nice! I didn't have the balls to go weekly
Bought SNOW 290C lotto size at .60
These have moved quick back to .80 though. They were almost $4 yesterday if SNOW moves here.
These have moved quick back to .80 though. They were almost $4 yesterday if SNOW moves here.
This.Spoony Love said:
I maybe could still be in the trade if I had used stops. I set a target and went for it as soon as I could. If I would have set a stop I maybe would have been caught out at the start of a day but looking at the chart, probably not.
Next lesson up for me is trailing stops.
May be the most powerful tool I use in scalping options. Once I enter I set one usually. If the trade fails I get out for small loss. If it runs I tighten the stop to protect gains and/or trim on way up.
I still make plenty of mistakes though.
AMD dropped a little
Back down to even. We shall see. Moved quick and then gave it up.FJ43 said:
Bought SNOW 290C lotto size at .60
These have moved quick back to .80 though. They were almost $4 yesterday if SNOW moves here.
These are back to .55/.60
Taking a bit of a risk here and going long on expiring SPY calls in case SPX 4400/SPY 439 end up being support today. If not, I'm planning to exit quickly.
The vax stocks have killed it today. Sam put us on BNTX 390s at 2:55 yesterday for $2.20. They are at $18.50. Please don't ask where mine sold as I got too aggressive with the stop this morning and did not want to chase it up after they sold.
That was a large sweep on Dec $360 FB calls.
Just went with a very small NIO 46C for 0.42 lotto
Looks like its going to make up its mind which way its going here very soon
Looks like its going to make up its mind which way its going here very soon
+11% on shares.McInnis 03 said:
Anyone playing TTOO? Historical low is $1, bottom of a consolidation, inside bar yesterday, currently 1.06, nice low risk play if you use $1 as your stop.
(i posted this in the wrong board originally, how embarassing)
Are y'all still holding those $X calls?
Someone care to look at Polaris, PII? It looks like a head and shoulders is nearly formed. Which strike price on the puts should I select? Nearly 13 pt difference between neck line and top of head. Options are fairly inexpensive and may be good set up for multi bagger.
Any help appreciated!
Any help appreciated!
Cautionary tale.....but my investments in ELOX, WWR, ENG, SNDL, REI, and SYN (these six specifically) have negated all previous gains I made (which were substantial) in the last 12 months in the stock market.
I didn't take profits when I should have, kept averaging down without validating trend reversals, and bought WAY too much of a few of those. ELOX & WWR in particular. Didn't stay disciplined in any way. Hard, hard lessons to learn.
At this point, I simply try not to even look at my portfolio or it makes me sick.. Will keep chipping away with premium. If I ever crawl out of this hole I'm handing my money to a financial advisor, LOL. I suck.
I didn't take profits when I should have, kept averaging down without validating trend reversals, and bought WAY too much of a few of those. ELOX & WWR in particular. Didn't stay disciplined in any way. Hard, hard lessons to learn.
At this point, I simply try not to even look at my portfolio or it makes me sick.. Will keep chipping away with premium. If I ever crawl out of this hole I'm handing my money to a financial advisor, LOL. I suck.
WYNN
What an awful awful trade.
What an awful awful trade.
Yes, these long term MA plays can make your portfolio look ugly at times, but they will pay at some point.
Keep your chin up.
I'm in a similar boat and just waiting on WWR, MBIO, ELOX, IMMR, DPW, NGL, UWMC (and others). What I struggle with is that markets are at ATHs and I haven't been able to take advantage of it. It's likely these drop even future if/when macros eventually slump.
I'm in a similar boat and just waiting on WWR, MBIO, ELOX, IMMR, DPW, NGL, UWMC (and others). What I struggle with is that markets are at ATHs and I haven't been able to take advantage of it. It's likely these drop even future if/when macros eventually slump.
Fairfield_Ag said:
Cautionary tale.....but my investments in ELOX, WWR, ENG, SNDL, REI, and SYN (these six specifically) have negated all previous gains I made (which were substantial) in the last 12 months in the stock market.
I didn't take profits when I should have, kept averaging down without validating trend reversals, and bought WAY too much of a few of those. ELOX & WWR in particular. Didn't stay disciplined in any way. Hard, hard lessons to learn.
At this point, I simply try not to even look at my portfolio or it makes me sick.. Will keep chipping away with premium. If I ever crawl out of this hole I'm handing my money to a financial advisor, LOL. I suck.
Yep, same here. The best I can do now is sell covered calls to whittle down my cost basis. That's going to take some time to accomplish but it'll get there.
Sorry man, I know it's frustrating
Maybe. Sometimes.CrazyRichAggie said:
Yes, these long term MA plays can make your portfolio look ugly at times, but they will pay at some point.
Farmer @ Johnsongrass, TX
Joined:
Sep 25, 2017
Posts:
5,415
How long do you want to ignore this user?
I didn't see SINO on that list. Consider yourself lucky.
Don't lump in DPW with the rest. It's still a piece of **** trash company that should have never been pitched on this board. Whoever did should be shot. What a terrible stock with absolutely no potential.
stop looking at the bottom line. Manage your cash level. When cash goes up accumulate more. When cash goes down don't accumulate and trade to build back the cash then accumulate.Fairfield_Ag said:
Cautionary tale.....but my investments in ELOX, WWR, ENG, SNDL, REI, and SYN (these six specifically) have negated all previous gains I made (which were substantial) in the last 12 months in the stock market.
I didn't take profits when I should have, kept averaging down without validating trend reversals, and bought WAY too much of a few of those. ELOX & WWR in particular. Didn't stay disciplined in any way. Hard, hard lessons to learn.
At this point, I simply try not to even look at my portfolio or it makes me sick.. Will keep chipping away with premium. If I ever crawl out of this hole I'm handing my money to a financial advisor, LOL. I suck.
Think about it this way, if you get the cost basis down far enough and then it blows up, you're into "insane profits" territory!
Farmer @ Johnsongrass, TX
Joined:
Sep 25, 2017
Posts:
5,415
How long do you want to ignore this user?
Today is one of those choppy August days. I think that graph that $30K posted on seasonality by month shows August to be "doggy" and that's what we are seeing, IMO.
AMC seems to have dropped below a $32 support level. May see a fair move down if WSB doesn't get involved
It's a long for me, I'll reload if it closes that gap at $81mazag08 said:
WYNN
What an awful awful trade.
Fairfield_Ag said:
Cautionary tale.....but my investments in ELOX, WWR, ENG, SNDL, REI, and SYN (these six specifically) have negated all previous gains I made (which were substantial) in the last 12 months in the stock market.
I didn't take profits when I should have, kept averaging down without validating trend reversals, and bought WAY too much of a few of those. ELOX & WWR in particular. Didn't stay disciplined in any way. Hard, hard lessons to learn.
At this point, I simply try not to even look at my portfolio or it makes me sick.. Will keep chipping away with premium. If I ever crawl out of this hole I'm handing my money to a financial advisor, LOL. I suck.
Are you selling calls on these? I have all these same ones and TOS is showing thousands in the red, but my net costs are all in the green in my excel tracker.
ELOX confuses me...it was flagged as a good opportunity between 1.40 and 1.50, and it sits at 1.32 right now. Is being down 10-15% really killing your portfolio?
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