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Last: 3 hrs ago by Ranger222
Dovish Taper......
SPY
Inflation is everywhere and supply for goods is drying up and they're going to let the economy overheat? I feel this move is dangerous.
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Wow... not sure I've ever seen vix drop that fast
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ProgN said:
Inflation is everywhere and supply for goods is drying up and they're going to let the economy overheat? I feel this move is dangerous.
Couldn't get filled on $QQQ puts during that spike.
If we get a push on the Qs to mid 390s this week, I assume the 400 magnet will come into effect before the next pullback? That might pay big if we get that push and then load up with puts out a few weeks. Right now the Qs are riding between the 5dSMA and +3 ATR keltner. Lose the 5dSMA and I think it will be time to play for downside move, otherwise wait until the 400 touch. We'll see.
If we get a push on the Qs to mid 390s this week, I assume the 400 magnet will come into effect before the next pullback? That might pay big if we get that push and then load up with puts out a few weeks. Right now the Qs are riding between the 5dSMA and +3 ATR keltner. Lose the 5dSMA and I think it will be time to play for downside move, otherwise wait until the 400 touch. We'll see.
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Ranger222's calls from a couple pages back are looking pretty good today.
I picked up some SPY puts on the spike - now let's hear Powell actually talk to see if I can't cash in quickly before dumping.
Anybody thinking VIX calls after that dump? Or is this train ain't slowing down? Normally, this is a no brainer spot for me, but I just don't have the same feeling I usually do. Earnings season plus what we just heard doesn't scream correction to me.
I'm beginning to get a "complex". I purchased three stocks today and set stop-losses for each one that I thought were "reasonable". All three stocks dropped (within the hour) to EXACTLY what my stop loss was and headed back up. Didn't lose a bunch of $ but I lost the potential for making them. absolutely sux....and I don't think it's accidental (not conspiracy theory, but rather people doing their job to make transactions happen?)
cageybee77 said:
I'm beginning to get a "complex". I purchased three stocks today and set stop-losses for each one that I thought were "reasonable". All three stocks dropped (within the hour) to EXACTLY what my stop loss was and headed back up. Didn't lose a bunch of $ but I lost the potential for making them. absolutely sux....and I don't think it's accidental (not conspiracy theory, but rather people doing their job to make transactions happen?)
They're on to you…
ya, screw it. I'mma skip stonks and read the HMT all day. Makes me happier anyway.
cisgenderedAggie said:cageybee77 said:
I'm beginning to get a "complex". I purchased three stocks today and set stop-losses for each one that I thought were "reasonable". All three stocks dropped (within the hour) to EXACTLY what my stop loss was and headed back up. Didn't lose a bunch of $ but I lost the potential for making them. absolutely sux....and I don't think it's accidental (not conspiracy theory, but rather people doing their job to make transactions happen?)
They're on to you…
Agreed.slacker00 said:WHO approval has zero impact on OCGN business. It's not "their" pill. OCGN only has distribution rights in the US and they have done no FDA testing so it not on the runway for approval. All these news events are total pumps that have no direct bearing on the financial well being of OCGN. I'm not saying don't trade it, but just as BaylorDoc isn't high on SAVA, OCGN is not a good company.AG 2000' said:
OCGN got approval on their covid pill. Vote announced before the open. It's dropped from 17.65 to 13. Totally sell the news event.
It was a topic earlier this week, I hit eject yesterday and said it was a sell the news event (approval today). Just revisiting that one to show folks what's more likely to happen on these buildups on drugs like this.
I bought $70 puts at close yesterday. Don't see anything positive for them in the short term.aggies4life said:
Zillow thoughts after the news/drop today...
Get in or wait?
Have 65, 61.61, and 56.80 as levels down (going back two years on the chart).
mazag08 said:
METX that OA tweeted out. It's a legit play. It's going to be at $1.35. It won't be lower than it is right now (within a couple cents) before it gets there. I'm hoping it happens fast. Could consolidate. But it's a great value with 2.5x + return potential.
Great find OA.
Seems to be picking up here.
woah..mazag08 said:
METX that OA tweeted out. It's a legit play. It's going to be at $1.35. It won't be lower than it is right now (within a couple cents) before it gets there. I'm hoping it happens fast. Could consolidate. But it's a great value with 2.5x + return potential.
Great find OA.
It's like everything being done by this administration is being done to destroy our economy and the wealth of the middle class.ProgN said:
Inflation is everywhere and supply for goods is drying up and they're going to let the economy overheat? I feel this move is dangerous.
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RIOT Is running.
$RIOT is rioting
Z pushing the lows....I think it has more sell in it......I'll be watching as I want to pick up some verticals with a little time that are just OTM.....
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
sold half my calls...Net free babyRed Pear Luke said:
RIOT Is running.
SUPER fast selling right now, watch it on the 1 min to see if it V'sMcInnis 03 said:
Z pushing the lows....I think it has more sell in it......I'll be watching as I want to pick up some verticals with a little time that are just OTM.....
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
What are you targeting?McInnis 03 said:
Z pushing the lows....I think it has more sell in it......I'll be watching as I want to pick up some verticals with a little time that are just OTM.....
I just went net free on $70 puts for 11/19.
Just broke my 65.01 target, next level down looks to be 61.61.
near term 65/70 spreads for a bounce. *VERY VERY VERY RISKY* lottoish
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
added TWLO 12/17 $350 calls, $5.68 entry, ~$14 target. Banking on the gap getting filled soon.
My timing is impeccable as always...sold NNOX covered calls about 30 min before the huge spike
What month/strike?gougler08 said:
My timing is impeccable as always...sold NNOX covered calls about 30 min before the huge spike
Why are you so confident it won't go back to $0.35. Seems like a pump and dump. It just recently got above .50mazag08 said:
METX that OA tweeted out. It's a legit play. It's going to be at $1.35. It won't be lower than it is right now (within a couple cents) before it gets there. I'm hoping it happens fast. Could consolidate. But it's a great value with 2.5x + return potential.
Great find OA.
WWR can't seem to bust through that 3.46 resistance. It's trying ....
I grabbed some MARA verticals when I saw MSTR flow... BTC seems destined for 70k.Red Pear Luke said:
RIOT Is running.
also just saw TSLA bearish bets for next week, and pretty big ones. Could be hedges though.
SPY and QQQ both above +3 ATR on daily now. QQQ nearing upper trendline near 395. Something to keep in mind if long.
And IWM.Thundergon said:
SPY and QQQ both above +3 ATR on daily now. QQQ nearing upper trendline near 395. Something to keep in mind if long.
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