Now at 93.

irish pete ag06 said:

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PFE has been a juggernaut lately... market be damned.

The end of day saw massive bullsish flow. There was $2.3 million in calls bought for the march $60 strikes. I missed this one this morning... it opened just above my call trigger and never re-tested.

Looking at the chart, it seems like we've missed the move, but I'm trying not to have bias. Top of my watch list tomorrow. Looking to play the 60C on the break of 58.78 and looking to play the 55P if it breaks under 57.19 and confirms.

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Wow... PFE was a juggernaut. This is one of those plays that when my account is larger would have been a lot of fun to trim to some runners only.

60C was available for .2 at the start of the day... and is now trading for 1.4.

I was able to scalp this for my best gain of the day right at the beginning of the day. Was up 5% on the account... overtraded down to 1%. But at least I overtraded less than usual. Hah. Small victories.

irish pete ag06 said:

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irish pete ag06 said:

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PFE has been a juggernaut lately... market be damned.

The end of day saw massive bullsish flow. There was $2.3 million in calls bought for the march $60 strikes. I missed this one this morning... it opened just above my call trigger and never re-tested.

Looking at the chart, it seems like we've missed the move, but I'm trying not to have bias. Top of my watch list tomorrow. Looking to play the 60C on the break of 58.78 and looking to play the 55P if it breaks under 57.19 and confirms.

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Wow... PFE was a juggernaut. This is one of those plays that when my account is larger would have been a lot of fun to trim to some runners only.

60C was available for .2 at the start of the day... and is now trading for 1.4.

I was able to scalp this for my best gain of the day right at the beginning of the day. Was up 5% on the account... overtraded down to 1%. But at least I overtraded less than usual. Hah. Small victories.

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The European Medical Agency approved their pfizermectin for use today.

If AAPL closes the day anywhere close to $173, I'll be eying those $175C lottos. Three of the last 4 OPEX Fridays have been positive days (September is the exception)

Spoony Love said:

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If AAPL closes the day anywhere close to $173, I'll be eying those $175C lottos. Three of the last 4 OPEX Fridays have been positive days (September is the exception)

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I love stats like this... will join you if that happens.

$SPY is right at the Model T from low @JPOW(460.74) comments to opening today(472.79)
Might get a bounce here for SPY scalp opportunity

cptthunder said:

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$SPY is right at the Model T from low @JPOW(460.74) comments to opening today(472.79)
Might get a bounce here for SPY scalp opportunity

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I wouldn't chance it. Likelihood of a complete flush is more likely than a rally this afternoon. Buy both sides of the lotto trade. 1 should pay well and the other is a tax write off.

irish pete ag06 said:

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AG 2000' said:

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From the looks of my watchlist and portfolio, the rotation into small caps is definitely under way.

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94 stocks under $1
303 stocks under $2

I'll never forget in early February when we were at the small cap high that there was only like 2 stocks under $1. I will using this as a data point to know when to take some profits on some of my small cap holdings.

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I posted this August 31.


Updated today, December 16, 2021
207 stocks under $1
527 stocks under $2

I bought some 12/27 SPY 466 and 12/31 AMD 141 in the last couple of minutes. I wanted a good Delta and a little time (in case the ProgN forecasted flush comes).

The QQQ has to be almost done selling right? Jeez

Ragoo said:

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The QQQ has to be almost done selling right? Jeez

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14pts range on the QQQ..

CrazyRichAggie said:

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🚨BREAKING🚨

Senate Democrats are abandoning efforts to pass President Joe Biden’s $2 trillion economic agenda this year.

— unusual_whales (@unusual_whales) December 16, 2021

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While probably good for our country, I guess this triggered the sell off?

So just selling for the **** of it? Even better

Ragoo said:

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The QQQ has to be almost done selling right? Jeez

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380P's for Monday rolling in now, pretty big

gougler08 said:

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So just selling for the **** of it? Even better

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my bet is already starting to price in deflation. Although seeing ABNB get hammered makes me wonder if an Omicron headline isn't near. (barely any cases here in TX though, and probably all amongst the vaxxed).

CrazyRichAggie said:

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🚨BREAKING🚨

Senate Democrats are abandoning efforts to pass President Joe Biden’s $2 trillion economic agenda this year.

— unusual_whales (@unusual_whales) December 16, 2021

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so then we have to listen every single day in January to:

"Manchin subjected to pressure from Biden and Schumer" stories!

Seasonality in $SPX continues tracking: As posted, ~Dec 8 to early this week is a seasonal pullback to setup a December rally & it tracked: Dipping Dec 8 into a Dec 14th low

Big test now: If it keeps tracking, *avg* now until Jan 10th is good rally, to kick off a bearish January https://t.co/pB8bdZzElu

— Adam Mancini (@AdamMancini4) December 16, 2021

Nasdaq Down 450 points... off 6.74% from 11/22 High

Below the 100 day moving average...200 day down about another 600 points... Faang down 3%.... Yield curve continues its steepening 5/30 7 wider on the day... 10 year has moved back to first resistance of 1.42... 1.35 and 1.22 are next... Clearly if the Fed wants to be serious they need to bring up sequencing

ProgN said:

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cptthunder said:

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$SPY is right at the Model T from low @JPOW(460.74) comments to opening today(472.79)
Might get a bounce here for SPY scalp opportunity

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I wouldn't chance it. Likelihood of a complete flush is more likely than a rally this afternoon. Buy both sides of the lotto trade. 1 should pay well and the other is a tax write off.

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Winner winner, with volume picking up on the down side it look slike

I know this economy is in the tank for 2 reasons: two stocks I recently purchased in my brokerage account are doing well: INTC and BTI.

INTC has been beaten down for the last couple years while other sexier chip companies have ripped. And now tobacco stocks are coming back. Generally a sign of economic stress.

Pretty much all my other holdings are taking it in the shorts.

I don't think the bottom is in yet but once these companies get done puking or so it seems, I'm gonna load up on AAPL, TLSA, NVDA, HD, and COST.

Too $$$ right now but I've got my wishlist. Have saved nearly $75K for a house over these last 3-6 months and trying to save another $75-100K in coming months. It's taking all my patience and countenance to not put that money in the market. It's sitting in a boring little savings account, but I will be responsible with it! I'd probably just lose it if I put in my brokerage or trading account.

My boss called me at like 8:25 this morning and I missed the initial move. Been scared to chase all day.

You called it yesterday. I think you said fade the first move. Clearly a bullish rip up overnight, but S&P slammed on the brakes today.

Did I miss something in the $ASO earnings call/release
Beat estimates/increases YOY revenue and quarter to quarter and raised full year guidance/talk about strength of wearhouse supply for inventory/ increases amounts of online sales etc. etc and now down almost 20% since earnings

Went in on just a couple QQQ 390 lotto calls for tomorrow, as long as we close above the 50sma should be good for a relief bounce in the morning.