CWH looks like it is coiling on the daily
You can. But I'm looking for a spot to enter the trade that I wouldn't mind be called out at. I also prefer to sell puts because if I'm called out, I own the equity where as if I'm buying puts I get nothing if it reverses. It is also why I tend to lean more towards ITM calls too when I play them. I don't get the huge money off of the volatility, but I'm protecting my capitalBREwmaster said:excuse my ignorance, we talking bout another entry for selling puts? if it's forming an H, shouldn't we be buying puts?Irish 2.0 said:Irish 2.0 said:I think it'll present a chance again. It is rejecting pretty good at the 60min 10DMA. I think there is more selling pressure in DIS and the only reason it gave this bounce is just going with the green dayAG 2000' said:Really like this play. I grabbed DIS 170Cs for December, but thinking this would have been the better play.Irish 2.0 said:I might be closing these today if it keeps going. Take my ~$1000 and call it a day on this one. I think DIS will come back in againLt. Joe Bookman said:I like this play a lot.Irish 2.0 said:That's why I like the 12/17 $170P. I'll collect ~$2400 in premium on two contracts and it'll give me a some fudge room to wait on the consolidation.mazag08 said:Correct. It will likely consolidate for a week or two. But my point was that we are much much closer to max downside. Share buying down here is a steal. Option buying could be lucrative, but timing is key. I would err on the side of more time, but that costs more.Irish 2.0 said:
Yes, but I don't think DIS is done selling yet. There is a 1.5MM share block trade at 163.
Think I'm going to sell a couple 12/17 170P
Too late to get into this trade?
Yeah...it'll give another entry under 160 if this pattern holds. That's a 'h' forming on the 60min
wick tipsAG 2000' said:
Question about charting fundamentals.
Do y'all draw from the tips of the wicks or from the top/bottom of the body of the candle?
I can see pros and cons of each.
Rode on the up run for a quick scalp. Got nasty there afterwards for certian.AG 2000' said:Nasty looking H&S on the five min.McInnis 03 said:
Just hopped on the AFRM wagon, if this breaks 160, OMG.
TY. It's what I've been doing. Saw someone in a discord with their lines running from the candle bodies, made me stop to think for a sec.Irish 2.0 said:wick tipsAG 2000' said:
Question about charting fundamentals.
Do y'all draw from the tips of the wicks or from the top/bottom of the body of the candle?
I can see pros and cons of each.
Irish 2.0 said:wick tipsAG 2000' said:
Question about charting fundamentals.
Do y'all draw from the tips of the wicks or from the top/bottom of the body of the candle?
I can see pros and cons of each.
Talon2DSO said:
All that matters is the tip, really
AG 2000' said:
Question about charting fundamentals.
Do y'all draw from the tips of the wicks or from the top/bottom of the body of the candle?
I can see pros and cons of each.
TxAgLaw03RW said:
They did, stock is on the move
OutlawAG04 said:
Which McMinnis took his SNDL play? Been holding shares and leaps waiting for the pop.
Per OA, if we hold above $0.83, sell your children…
OutlawAG04 said:
Which McMinnis took his SNDL play? Been holding shares and leaps waiting for the pop.
Per OA, if we hold above $0.83, sell your children…
POSH either just put in a bottom or it will around $13.50.CincySwimmer said:
Any thoughts on PCT and POSH? Both have recent gap downs, but are countered with a green daily candle on higher than average volume. PCT appears to be a doji of some sort. Any and all insight helps!