I know 30k was a big fan of selling SAVA puts down here. Anyone still making that play? Next weeks $44 puts are going for $2.10+ And next weeks $40 puts are going for $1.2 or so.
bought the Nov 5 20c calls Friday for grins.jet99 said:
Anyone looking at VIX calls at his level? It near the bottom of this year's channel.
McInnis 03 said:NRD09 said:McInnis 03 said:He acknowledged he was moving too fast. I still like the play despite the governmental math.jwhitlock3 said:
Risking $1 to make $4? How did they get 1:10 risk:reward?
I got one for .86
I bought a crwd 272.5 for next week, feels like someone is trying to keep it down through today's expiration after this week's partnership news and subsequent rip
Also bought some more of those wwr nov 5c (.08). Thinking about some 280/300 dec spreads for ~$7 but might just be patient and see if i can get a better entry on straight calls
You got a double!
May want to put a stop on in case they pull the rug during this apple announcement
Still a decent play. Consider a put credit spread, just in case the fraud allegations are true and SAVA goes to $0. You might really regret risking $4,400 to make $210GTIAG09 said:
I know 30k was a big fan of selling SAVA puts down here. Anyone still making that play? Next weeks $44 puts are going for $2.10+ And next weeks $40 puts are going for $1.2 or so.
Volume has exceeded all shares outstanding multiple times everyday for the past week. The only way for a squeeze to be in play is if the shorts are covering and shorting again at higher prices. Not impossible because that's what happened with GME, but I'd be surprised.Philip J Fry said:
Feeling good about dumping PROG yesterday. That couldn't be the whole squeeze could it?
Do what I do, keep a stop about $.50 under the going rate....that way if it comes back, you'll catch it softly. If it keeps running, we get to keep running too.NRD09 said:McInnis 03 said:NRD09 said:McInnis 03 said:He acknowledged he was moving too fast. I still like the play despite the governmental math.jwhitlock3 said:
Risking $1 to make $4? How did they get 1:10 risk:reward?
I got one for .86
I bought a crwd 272.5 for next week, feels like someone is trying to keep it down through today's expiration after this week's partnership news and subsequent rip
Also bought some more of those wwr nov 5c (.08). Thinking about some 280/300 dec spreads for ~$7 but might just be patient and see if i can get a better entry on straight calls
You got a double!
May want to put a stop on in case they pull the rug during this apple announcement
Over $3 now. I feel like I'm being a little irresponsible by holding
not selling SAVA puts here. circumstances on the company have changed.Triple_Bagger said:Still a decent play. Consider a put credit spread, just in case the fraud allegations are true and SAVA goes to $0. You might really regret risking $4,400 to make $210GTIAG09 said:
I know 30k was a big fan of selling SAVA puts down here. Anyone still making that play? Next weeks $44 puts are going for $2.10+ And next weeks $40 puts are going for $1.2 or so.
Glad someone brought $BROS to the board, especially you Ranger. I added to watch list last week and been meaning to mention it.Ranger222 said:
Couple other names I'm watching that look really good.....
Genomics plays shaping up again. PACB off 25 and I like NSTG as well at 45
Dutch Bros $BROS recent IPO....could be a hot IPO breaking over previous highs and go on a little run here. Also like S for recent IPOs
Good call. Add CHPT to the list.Ranger222 said:
Solar and alternative energy (?) names looking really good today.....RUN SPWR BLNK PLUG etc
Cookiemonster64 said:
forgive my ignorance. I must have missed it, but what has changed?
Did something come out of the claims they faked results?
SAVA would be at $2 right now if news like that came out. There's just no buyers or sellers and no news to be a catalyst. It's basically in a holding pattern for both the bulls and bears.Cookiemonster64 said:
forgive my ignorance. I must have missed it, but what has changed?
Did something come out of the claims they faked results?
IDK. That's some serious volume on SNDL for the last hour. Keep on runnin'!Triple_Bagger said:
Weed stocks are popping. Anyone know why?
An email was circulating last week showing that the NIH is aware of the investigation into SAVA. That's what stopped the momentum mid-week.ProgN said:SAVA would be at $2 right now if news like that came out. There's just no buyers or sellers and no news to be a catalyst. It's basically in a holding pattern for both the bulls and bears.Cookiemonster64 said:
forgive my ignorance. I must have missed it, but what has changed?
Did something come out of the claims they faked results?
TLRY as well. I sold some P10s this morning for 0.80, hoping to get assigned shares at $9.20. Looks like I'll just collect the premium instead.Ccutamu said:IDK. That's some serious volume on SNDL for the last hour. Keep on runnin'!Triple_Bagger said:
Weed stocks are popping. Anyone know why?
BREwmaster said:here's our channel... a beauty so far: The bottom is around 169 and the top is roughly 179.NRD09 said:BREwmaster said:
DIS trade...
trade the channel it's in now. look at an hourly chart and it's down near the bottom of this channel going back to Sept 21st.
calls: Nov 19 180C's were trading around 1.8 I think.
or go verticals like me
I got a couple oct 29 175/180s filled at .75
We're sitting at the top of resistance for SPX. In wave theory, we're sitting at the exact potential top of a b wave in this correction. If that were the case, we would have the c wave down taking up the rest of October. Look back at last year to see the "W" shape that the September / October correction and subsequent breakout took. If it's going to do that, it's going to do it very soon. But it could also break up and out and signal the end of the correction.59 South said:
sure is quiet after a 4 day 4% macro move up. this must be a bear pit now. noted.
Is that something different than the FDA investigation into the Citizen's Petition?Triple_Bagger said:An email was circulating last week showing that the NIH is aware of the investigation into SAVA. That's what stopped the momentum mid-week.ProgN said:SAVA would be at $2 right now if news like that came out. There's just no buyers or sellers and no news to be a catalyst. It's basically in a holding pattern for both the bulls and bears.Cookiemonster64 said:
forgive my ignorance. I must have missed it, but what has changed?
Did something come out of the claims they faked results?
Then Walter Bloomberg tweeted on Friday that the NIH is investigating SAVA.
Lots of smoke, and I'll admit, it scared me out of a chunk of shares. I'm buying some back down here at $48, but I'm 100% hedged through year end.
Also,mazag08 said:We're sitting at the top of resistance for SPX. In wave theory, we're sitting at the exact potential top of a b wave in this correction. If that were the case, we would have the c wave down taking up the rest of October. Look back at last year to see the "W" shape that the September / October correction and subsequent breakout took. If it's going to do that, it's going to do it very soon. But it could also break up and out and signal the end of the correction.59 South said:
sure is quiet after a 4 day 4% macro move up. this must be a bear pit now. noted.
But until we get confirmation, all is quiet.
I did load up on $17 Nov 3 VIX calls. Either we do have more correction and VIX goes up, or we have a small correction of this breakout and VIX goes up. It seems a win/win to me. Maybe should have stretched a week or two farther out though. We will see.