UN-related to your calls but I am running the wheel on DKNG right now. My cost basis is 19.63 and my account shows a loss.FJ43 said:
Sold rest of April DKNG calls here. Lots of time but 125% is enough for me. I may buy again on a dip.
Congrats if you took the trade.
SF2004 said:UN-related to your calls but I am running the wheel on DKNG right now. My cost basis is 19.63 and my account shows a loss.FJ43 said:
Sold rest of April DKNG calls here. Lots of time but 125% is enough for me. I may buy again on a dip.
Congrats if you took the trade.
I know I have collect more premium than that and the trade is positive.
Does my call premium that expires worthless no go into my cost basis?
SF2004 said:UN-related to your calls but I am running the wheel on DKNG right now. My cost basis is 19.63 and my account shows a loss.FJ43 said:
Sold rest of April DKNG calls here. Lots of time but 125% is enough for me. I may buy again on a dip.
Congrats if you took the trade.
I know I have collect more premium than that and the trade is positive.
Does my call premium that expires worthless no go into my cost basis?
bears said..not today!Spoony Love said:
That's what I am counting on. It certainly keeps pushing toward it.
WHITE HOUSE SAYS TOO MANY OIL AND GAS FIRMS INCREASING STOCK BUYBACKS INSTEAD OF INCREASING OUTPUT
— *Walter Bloomberg (@DeItaone) March 17, 2022
Ha!FJ43 said:SF2004 said:UN-related to your calls but I am running the wheel on DKNG right now. My cost basis is 19.63 and my account shows a loss.FJ43 said:
Sold rest of April DKNG calls here. Lots of time but 125% is enough for me. I may buy again on a dip.
Congrats if you took the trade.
I know I have collect more premium than that and the trade is positive.
Does my call premium that expires worthless no go into my cost basis?
Not sure what dates and strikes you sold against and how profitable those trades are but I often buy back my calls on any dip then resell on the next spike.
DNN was a good example. Sold 1.50 calls expiring tomorrow for .19 a while back. Bought them back for .05 a day or so ago when the shares dipped into the mid 1.40s. Now the shares are back in the 1.60s. Rinse and repeat. I would have lost those shares most likely tomorrow.
Mazag... did you buy the March calls for .08 or .80? Just want to make sure I am understanding you. As it stands, you look to take a helluva loss.mazag08 said:Ha!FJ43 said:SF2004 said:UN-related to your calls but I am running the wheel on DKNG right now. My cost basis is 19.63 and my account shows a loss.FJ43 said:
Sold rest of April DKNG calls here. Lots of time but 125% is enough for me. I may buy again on a dip.
Congrats if you took the trade.
I know I have collect more premium than that and the trade is positive.
Does my call premium that expires worthless no go into my cost basis?
Not sure what dates and strikes you sold against and how profitable those trades are but I often buy back my calls on any dip then resell on the next spike.
DNN was a good example. Sold 1.50 calls expiring tomorrow for .19 a while back. Bought them back for .05 a day or so ago when the shares dipped into the mid 1.40s. Now the shares are back in the 1.60s. Rinse and repeat. I would have lost those shares most likely tomorrow.
DNN, BLDE, and REI have been money makers for me on this weekly swings.
This morning I bought ITM $1.50 March calls on DNN for $0.80. Have a sell order ready to execute at $0.16. This is after selling the shares I bought last year at $1.10 for $1.80 last week.
BrokeAssAggie said:bears said..not today!Spoony Love said:
That's what I am counting on. It certainly keeps pushing toward it.
bulls said... hold my beer!BrokeAssAggie said:bears said..not today!Spoony Love said:
That's what I am counting on. It certainly keeps pushing toward it.
McInnis 03 said:
If we hit ES 4402 I'll get some SPY puts
.08. Sorry.Ccutamu said:Mazag... did you buy the March calls for .08 or .80? Just want to make sure I am understanding you. As it stands, you look to take a helluva loss.mazag08 said:Ha!FJ43 said:SF2004 said:UN-related to your calls but I am running the wheel on DKNG right now. My cost basis is 19.63 and my account shows a loss.FJ43 said:
Sold rest of April DKNG calls here. Lots of time but 125% is enough for me. I may buy again on a dip.
Congrats if you took the trade.
I know I have collect more premium than that and the trade is positive.
Does my call premium that expires worthless no go into my cost basis?
Not sure what dates and strikes you sold against and how profitable those trades are but I often buy back my calls on any dip then resell on the next spike.
DNN was a good example. Sold 1.50 calls expiring tomorrow for .19 a while back. Bought them back for .05 a day or so ago when the shares dipped into the mid 1.40s. Now the shares are back in the 1.60s. Rinse and repeat. I would have lost those shares most likely tomorrow.
DNN, BLDE, and REI have been money makers for me on this weekly swings.
This morning I bought ITM $1.50 March calls on DNN for $0.80. Have a sell order ready to execute at $0.16. This is after selling the shares I bought last year at $1.10 for $1.80 last week.
I am going $436 SPY puts.McInnis 03 said:McInnis 03 said:
If we hit ES 4402 I'll get some SPY puts
Bought 435p for 3/25 right at the bell when that big spike popped up. They're up 8% for the moment.BrokeAssAggie said:I am going $436 SPY puts.McInnis 03 said:McInnis 03 said:
If we hit ES 4402 I'll get some SPY puts
McInnis 03 said:Bought 435p for 3/25 right at the bell when that big spike popped up. They're up 8% for the moment.BrokeAssAggie said:I am going $436 SPY puts.McInnis 03 said:McInnis 03 said:
If we hit ES 4402 I'll get some SPY puts
It was always a "I'll buy 1,000 shares and do nothing unless it hits $1.00 or higher." play.Ccutamu said:
Anyone still bag holding SYN? Having a nice day at 43%.
If u're late to a John party, think about buying a Butterfly pinned at his strike in lieu of the naked option. You benefit from the IV spike on the negative strike, and have the same benefit if the trade moves your direction. Net loss at this point is $8/fly pic.twitter.com/eVqdc2Qdtl
— Charles F (@charlesf11) March 17, 2022
PT was raised to $2.25 today from $1.25. A guy can hope.mazag08 said:It was always a "I'll buy 1,000 shares and do nothing unless it hits $1.00 or higher." play.Ccutamu said:
Anyone still bag holding SYN? Having a nice day at 43%.
I'll hold it for 20 years. Don't care.
Buy FUBO every time it is in that $6-6.50 range and be willing to lose all of your money anytime in the next 3 years. CEO said earlier in the week that profitability comes around 3M subs. They are at 1M now and think they will be at 1.5M at the end of 2022. Do the math on estimates from there for where your horizon may be for them to be in a much better position to survive and start eating up some meaningful content ownership that would drive subs to their platform.Jet Black said:
FUBO/NIO thoughts?
Well I'm already holding WWR and CLOV until $90.Ccutamu said:PT was raised to $2.25 today from $1.25. A guy can hope.mazag08 said:It was always a "I'll buy 1,000 shares and do nothing unless it hits $1.00 or higher." play.Ccutamu said:
Anyone still bag holding SYN? Having a nice day at 43%.
I'll hold it for 20 years. Don't care.