Enjoying this ride on RBLX, just wondering if it'll hold this time around.
Just wanted to bump this and say thanks again.McInnis 03 said:This is one of my risk management methods. Holding spreads, if you can roll one of the long strikes to take risk off, I'll do this.....if I can sell a higher spread that meets at the short strike to create a butterfly, I'll do this to take risk off.......these are all different ways to protect your capital while leaving "runners' so to speak.....AG 2000' said:Just followed you on this. 8:45 AM and already learned something new today.McInnis 03 said:My Original purchase here was DEC19 215/225 call spreads.......I just sold the 215's and moved up to 220's for a credit equal to the amount I paid for the spreads, so now I'll hold risk free spreads to see how the stock behaves awhile.McInnis 03 said:
$BA liftoff?
Summary:
1) original buy DEC19 215c/225c vertical spread @ $3 ea
2) "sold" 215c/220c vertical spreads for $3 ea just now
3) Now holding 220c/225c net free spreads for Dec 19
NRD09 said:
I'm trading vxx weekly 21.5 puts until it comes down enough to reenter calls for next Friday. So far so good
Same for me on RBLX. I got out at $104.00 today.agdaddy04 said:
Went ahead and sold out of RBLX for now. Each time I didn't sell on the big gains before I regretted it. Also, closed out the majority of PETZ.
Buy a put near the current price and hold onto your butt? (and set a tight stop loss).BaylorSpineGuy said:
Anyone have any good set up or play to make big profits on TSLA falling?
Wouldn't mind an extra zero in my account? Lol even to change a single number up would be nice haha.
Fast, aggressive moves within channels. If the VIX closes over the 50DMA, I think we'll be seeing that correction I mentioned and backtesting which is desperately needed right now on alot of thingsSpoony Love said:
Define fun?
Only if you can afford to lose most of it. You're playing against a guy that gives the middle finger to the SEC and routinely makes tweets that crush people...on both sides.BaylorSpineGuy said:
Would you hold it overnight?
LCID put spreadsBaylorSpineGuy said:
Anyone have any good set up or play to make big profits on TSLA falling?
Wouldn't mind an extra zero in my account? Lol even to change a single number up would be nice haha.
Looks like got out of both too soon but I was feeling nervous. too many others I've gotten too greedy with.agdaddy04 said:
Went ahead and sold out of RBLX for now. Each time I didn't sell on the big gains before I regretted it. Also, closed out the majority of PETZ.
Im waiting for break over .71 to sell some short dated CCs. We have three attempts at .71 in the last 48hrastros4545 said:
Selling SNDL CCs for Friday for 1cent....scalping time
mazag08 said:I got out at $4.20agdaddy04 said:
PETZ with another outstanding day. What is your guys exit point here?
There are so many ways to take risk off without just closing a trade. I think that's one of the funnest parts of trading, figuring out what are alternate ways to make the most of what you've got going.AG 2000' said:Just wanted to bump this and say thanks again.McInnis 03 said:This is one of my risk management methods. Holding spreads, if you can roll one of the long strikes to take risk off, I'll do this.....if I can sell a higher spread that meets at the short strike to create a butterfly, I'll do this to take risk off.......these are all different ways to protect your capital while leaving "runners' so to speak.....AG 2000' said:Just followed you on this. 8:45 AM and already learned something new today.McInnis 03 said:My Original purchase here was DEC19 215/225 call spreads.......I just sold the 215's and moved up to 220's for a credit equal to the amount I paid for the spreads, so now I'll hold risk free spreads to see how the stock behaves awhile.McInnis 03 said:
$BA liftoff?
Summary:
1) original buy DEC19 215c/225c vertical spread @ $3 ea
2) "sold" 215c/220c vertical spreads for $3 ea just now
3) Now holding 220c/225c net free spreads for Dec 19
Have been able to do this with five different spread positions since you mentioned. Having the risk completely off and riding these "net free" is great.
Thanks again Mcinnis.
— Silence (@InvertCap) November 8, 2021
I'm looking at longer dated spreads that are OTM to get some more of these big r/r plays......maybe JAN 230/250's for $2.40?Irish 2.0 said:
I added some PYPL here. S/L 196
AG 2000' said:Buy a put near the current price and hold onto your butt? (and set a tight stop loss).BaylorSpineGuy said:
Anyone have any good set up or play to make big profits on TSLA falling?
Wouldn't mind an extra zero in my account? Lol even to change a single number up would be nice haha.
Irish 2.0 said:
I think if it gives up that 1020 area it's got another 100pts in it on a dip to close that gap at 910
I'm not big on spreads. Never really been my thing. I contemplated doing naked puts, but then decided I dont't mind owning PYPL here. This thing has been so beat up the last two months that I think it will be a winner with any correction.McInnis 03 said:I'm looking at longer dated spreads that are OTM to get some more of these big r/r plays......maybe JAN 230/250's for $2.40?Irish 2.0 said:
I added some PYPL here. S/L 196
BaylorSpineGuy said:
Anyone have any good set up or play to make big profits on TSLA falling?
Wouldn't mind an extra zero in my account? Lol even to change a single number up would be nice haha.
Yes. The gap at 910 blew everything upTomas Hermensa said:
Just now I realized you were probably talking about that volume cliff where once you get below that $1010-$1030 range, there no volume until the $890-$910 range. I'm a little slow today.
Edit/ that was in response again to Irish, not myself.. Apparently I'm really, really slow today.
Ok, added these for $2.25. Really really healthy r/r here. Will cut'em if they drop 20% +/- 5%McInnis 03 said:I'm looking at longer dated spreads that are OTM to get some more of these big r/r plays......maybe JAN 230/250's for $2.40?Irish 2.0 said:
I added some PYPL here. S/L 196