Financials getting a little bounce off the news also after a week of steady declinesIrish 2.0 said:JPOW!!McInnis 03 said:
Gold is freaking cratering.
I wouldn't look at puts until the major indices lose the 10DMA. If it gives up the 20DMA, it'll all but certainly tag the 50DMA for a testirish pete ag06 said:
So... let's say the big correction happens. The bubbles pop. I haven't been trading long. Does buying puts just absolutely print in a market like that? Or does the IV go up on those so high it's hard to make it work?
It's doing just what I wanted so I have to take a little ride here.McInnis 03 said:
So on principal alone I shouldn't be watching this, but $HOOD sub-$30 looks like a money maker.........would love to see it test just below the prev low of 28.8, then come back up and scoop it on a RDR play.......
I was thinking PYPL was ready to turn, a week or two ago I had bought OTM call spreads....they went up relatively quick, and then the downgrade murdered them. Wait until you see it break a daily low and then come back up to reclaim it. That's your signal that MAYBE it's ready to try again.HoustonAg_2009 said:
Im interested to hearing people's take on this as well. PYPL has gotten absolutely beaten up. For what it's worth Cramer bought more PYPL in his trust today.
Yep. I took profits on 3/4 of my position after it tagged the 10DMA last week. Got stopped on my last 1/4 at 205. Waiting for a reversal as well. It'll be added to my dad's account as well.McInnis 03 said:I was thinking PYPL was ready to turn, a week or two ago I had bought OTM call spreads....they went up relatively quick, and then the downgrade murdered them. Wait until you see it break a daily low and then come back up to reclaim it. That's your signal that MAYBE it's ready to try again.HoustonAg_2009 said:
Im interested to hearing people's take on this as well. PYPL has gotten absolutely beaten up. For what it's worth Cramer bought more PYPL in his trust today.
How'd you play this?McInnis 03 said:It's doing just what I wanted so I have to take a little ride here.McInnis 03 said:
So on principal alone I shouldn't be watching this, but $HOOD sub-$30 looks like a money maker.........would love to see it test just below the prev low of 28.8, then come back up and scoop it on a RDR play.......
DEC monthly 30c's.AG 2000' said:How'd you play this?McInnis 03 said:It's doing just what I wanted so I have to take a little ride here.McInnis 03 said:
So on principal alone I shouldn't be watching this, but $HOOD sub-$30 looks like a money maker.........would love to see it test just below the prev low of 28.8, then come back up and scoop it on a RDR play.......
Thanks. I grabbed Januarys, same strike.McInnis 03 said:DEC monthly 30c's.AG 2000' said:How'd you play this?McInnis 03 said:It's doing just what I wanted so I have to take a little ride here.McInnis 03 said:
So on principal alone I shouldn't be watching this, but $HOOD sub-$30 looks like a money maker.........would love to see it test just below the prev low of 28.8, then come back up and scoop it on a RDR play.......
Somebody is sitting on the easy button.AG 2000' said:
I don't understand AAPL. It's like the algos are stuck on buy.
Carlo4 said:
Happily bought SNDL 2 weeks ago... Looks at price today.
jwhitlock3 said:
MARA looking weak today, it likes to run counter to Gold so this is weird.
DPW splitting into two companies to make their crypto and data center operation two different entities.
XBI's still in a descending triangle on the daily FWIW.gougler08 said:
Pharma plays have to cycle back up soon right? They're running out of room to go down
shake out before a big move up I think (MARA). and I think bitcoin runs into the end of the year. I need to look at verticals again on MARA. they could pay nicely!jwhitlock3 said:
MARA looking weak today, it likes to run counter to Gold so this is weird.
DPW splitting into two companies to make their crypto and data center operation two different entities.
The sell button is currently being used on RIVN.Spoony Love said:Somebody is sitting on the easy button.AG 2000' said:
I don't understand AAPL. It's like the algos are stuck on buy.
