60% in 5 min is good, no?McInnis 03 said:bought AMC 45c 1.09 lolTomas Hermensa said:
Don't get too excited. The calls on AMC and CLOV are probably just Texagers.
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I bought the 9/3 7C at .42 and already up 40%. Lets get back to $10 please.Ranger222 said:
10C are just .05 on wish if we get stupid here
AMD just hanging out around that Woody pivot point.
MY MAN, SPEAKIN MY LANGUAGE!
ETSY NHOD
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CLOV!!!!
Is SNDL joining the squeeze party?
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AMC!!!!!
I actually bought a few AMC $40c Monday because it finally broke the downtrend line from the summer...Was looking maybe for a nice double but this is working out better than I expected!
Looks like MEME day.
CLOV, AMC, GME, the list goes on.
CLOV, AMC, GME, the list goes on.
Add $BB to the meme party too (late, but warming up).
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AG
Crap, when the memes squeeze it always ends poorly. Couple hfs blow up and the bottom falls out. Maybe a good time for vxx calls
Can someone add TSLA to the meme party?
Asking for a friend.
Asking for a friend.
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FJ43 said:
Can someone add TSLA to the meme party?
Asking for a friend.
Why not. I'll send out a mememo.
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Net free on the yolo CLOV verticals and calls. Ridiculous.
I gotta go change my pants, BRBMcInnis 03 said:bought AMC 45c 1.09 lolTomas Hermensa said:
Don't get too excited. The calls on AMC and CLOV are probably just Texagers.
Used "the strat" to get in RBLX calls yesterday. While it may be too simplistic for advanced traders on here... I highly recommend it for novices like myself. It's made me more objective. I've had a problem setting my own stop losses and it's stopped me out of a couple of trades already that the old me would "hold and hope on."
It's also helped me find a big winner.
I targeted RBLX yesterday because it was green on the Day, Month, and Week.
I also saw really heavy bullish flow on unusual whales.
I used the previous day's high as my entry and chose the wick on the previous hour's candle as my tight stop loss.
I've moved my stop up before I was away from my computer and it nearly triggered for a 25% win, but continued up. This is easily going to be my biggest win in options that I've done totally on my own. Feels good to be fishing and not given fish.
It's also helped me find a big winner.
I targeted RBLX yesterday because it was green on the Day, Month, and Week.
I also saw really heavy bullish flow on unusual whales.
I used the previous day's high as my entry and chose the wick on the previous hour's candle as my tight stop loss.
I've moved my stop up before I was away from my computer and it nearly triggered for a 25% win, but continued up. This is easily going to be my biggest win in options that I've done totally on my own. Feels good to be fishing and not given fish.
I plan on loading VIX calls when VIX gets back into the low 16s...ish. Few weeks out for me when that triggers for me.NRD09 said:
Crap, when the memes squeeze it always ends poorly. Couple hfs blow up and the bottom falls out. Maybe a good time for vxx calls
AMC is nucking futs.
$EGOC back???
We just gettin started.
$AMC 27AUG21 50C pic.twitter.com/HmiomyfBQf
— Theta Warrior (@ThetaWarrior) August 24, 2021
AND IT'S BEAUTIFULAG 2000' said:
AMC is nucking futs.
Went ahead and went net free + a little on my small position. Left a runner so let's take this thing to the moon.FJ43 said:I bought the 9/3 7C at .42 and already up 40%. Lets get back to $10 please.Ranger222 said:
10C are just .05 on wish if we get stupid here
Left a runner on these and sold September $125cs on some of my shares. I love that I learned about covered calls thanks to this board!bmoochie said:
I actually bought a few AMC $40c Monday because it finally broke the downtrend line from the summer...Was looking maybe for a nice double but this is working out better than I expected!
McInnis is a machine, I hear.
You don’t trade for money, you trade for freedom.
SPX creeping up just over 4492. Surely we need more than half a day to build below that level before the next leg up....right?
Funny... I had bought AMC puts on Thursday of last week trying to use the strat, they had gone profitable but had worked themselves back down to a setup that was no longer valid so I cut them loose early yesterday. This is one of the stops it helped me with.
RKT still hasn't been hit yet on the meme runners.
9/3 18.5C is .40.
9/3 18.5C is .40.
You heard wrong$30,000 Millionaire said:
McInnis is a machine, I hear.
so was this a coordinated effort by WSB? or what triggered this today?
I've been curious what triggers these events as well and I've never confidently caught one until today....
But what caught my attention was that right after lunch many of the fintwit posters who I respect (not the randoms, but guys like Dan Shepiro, Christian Fromhertz, etc) started posting things about the meme stocks. I'm guessing GME decided to go buck wild first, and when that left the station, everyone ran to their bunkers. I ran to AMC because I figured if anything was going to go with GME, it had to be AMC. It worked, thankfully but i played it small and responsibly like the idiot that i am.
But what caught my attention was that right after lunch many of the fintwit posters who I respect (not the randoms, but guys like Dan Shepiro, Christian Fromhertz, etc) started posting things about the meme stocks. I'm guessing GME decided to go buck wild first, and when that left the station, everyone ran to their bunkers. I ran to AMC because I figured if anything was going to go with GME, it had to be AMC. It worked, thankfully but i played it small and responsibly like the idiot that i am.
Missed the move in all the memes due to meetings.McInnis 03 said:
I've been curious what triggers these events as well and I've never confidently caught one until today....
But what caught my attention was that right after lunch many of the fintwit posters who I respect (not the randoms, but guys like Dan Shepiro, Christian Fromhertz, etc) started posting things about the meme stocks. I'm guessing GME decided to go buck wild first, and when that left the station, everyone ran to their bunkers. I ran to AMC because I figured if anything was going to go with GME, it had to be AMC. It worked, thankfully but i played it small and responsibly like the idiot that i am.
Taking a quick look back at the EMAS on the daily for Gamestop, which seems to be the catalyst for these runs. Discounting the initial squeeze in January, we've had three runs on GME now.
Every single one was preceeded by the 8 day EMA crossing the 21. This has happened anywhere from one to three days prior to GME going parabolic.
Nice 33% gain on ELOX in a week so far... hot damn!
Selling some 9/17 GME 500's at 7.5
These should be moving$30,000 Millionaire said:
high risk
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