McInnis 03 said:

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I'm probably doing too many of these.

This is a broken wing

Theory: BULLISH
Tick: $NVDA
3/25
277.5p +1
275p -2
270p +1

$1.42 CREDIT (this is what you get to place this trade)
Max pay at expiry = $2.50 + $1.42 credit you receive
Break even = NVDA $271.08 at expiry, above that you profit.
Max loss: $1.08

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I just closed this for a loss by buying it back at $2.13. I don't like the beahvior of the semis the last 2 days.

Feels like we need to cut that BABA $110P, no?

Re-tested the PML and bounced.

AgEng06 said:

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Did you cut LOW?

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No. I have an alert set at 222.28. I figured we would get this for an open hence the SPY puts to open. Not a fan of where its at but hasn't hit my 50% mark yet.

Thanks, appreciate it.

Short and general answer to your question - when you enter a trade, you should not only try to identify that the entry is good, but also identify a target price to take profits on a portion of or all shares or contracts and what could happen that would quantify it as a failed trade. As the trade moves you can move your target up or down in price or % of trade if new information changes your mind on the trade, but you have to be careful that you aren't acting emotionally. You can also move your stop up based on resistance you may have crossed (pivots, MAs, or previous hourly or daily closes are common) or some minimum profit you'd like to achieve.

So for now the trades you are in you might want to take some profit (all or portion) or set a price where you'd do this. Likewise you should decide on what would have to happen for you to say this rip up has failed and set that as your stop to protect your profits.

50K: 1 AAPl 170 C for 1.8

Did your BABA stop out this morning?

FJ43 said:

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Another short lister for me.

CRM

Lots of volume and OI on April 230C today. Looks ripe and flagging.

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I just sold an expiring 215p for 6.85. Love to get assigned then sell one of those april 230s and get them called away

FJ43 said:

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Lotto size SPY 450 Friday expiry

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Trimming some for scalp. Up 33%

Setting stop at entry.

AgEng06 said:

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Did your BABA stop out this morning?

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Yes

Thank you sir

$30,000 Millionaire said:

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50K: 1 AAPl 170 C for 1.8

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I'm in. My target sell price is $5.90, just below that February pivot at $176 on the underlying. My stop would be $1.2, related to price when underlying gets below yesterday's close. What's your stop and target here?
Edit: just saw you post your stop.

Bob Knights Liver said:

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Short and general answer to your question - when you enter a trade, you should not only try to identify that the entry is good, but also identify a target price to take profits on a portion of or all shares or contracts and what could happen that would quantify it as a failed trade. As the trade moves you can move your target up or down in price or % of trade if new information changes your mind on the trade, but you have to be careful that you aren't acting emotionally. You can also move your stop up based on resistance you may have crossed (pivots, MAs, or previous hourly or daily closes are common) or some minimum profit you'd like to achieve.

So for now the trades you are in you might want to take some profit (all or portion) or set a price where you'd do this. Likewise you should decide on what would have to happen for you to say this rip up has failed and set that as your stop to protect your profits.

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Thanks. I'm off to do that now. At the least, I can take profits and then try to identify good (and supported with actual reasoning) spots to get back in.

Appreciate the response!

McInnis 03 said:

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Memory banked

In terms of a classic 60/40 portfolio, this means the pension funds need to sell equities to buy bonds in order to rebalance the portfolios at end-of-month 👇 https://t.co/tjK4qqpBkU

— Sergei Perfiliev 🇺🇦 (@perfiliev) March 23, 2022

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Aapl has gotta be one of the primary victims of something like this, right? Maybe after this next leg up flip to puts for next fri?

I'm short TSLA here at 1020. Not much, but a small bet against continued rip foreva.

50K: 1 XSP 451C at 0.6. Max risk.

$30,000 Millionaire said:

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50K: 1 XSP 451C at 0.6. Max risk.

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following, my bid filled at .57

Bob Knights Liver said:

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$30,000 Millionaire said:

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50K: 1 AAPl 170 C for 1.8

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I'm in. My target sell price is $5.90, just below that February pivot at $176 on the underlying. My stop would be $1.2, related to price when underlying gets below yesterday's close. What's your stop and target here?
Edit: just saw you post your stop.

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Let's go! I'm still in, hit around $2 a few minutes ago, flagging now.

TSLA, what a move. I scalped a degenerate 1100c, made $300 in about 5 minutes, lol

It isn't to brag or anything, just to give another benchmark for others to bid at.

Keep in mind we are at resistance here on SPX. It's consolidating like it wants to push through, but nothing guaranteed. If you took a bunch of XSP, I would exit at 0.4 on the downside.

move failing for now. I am still keeping that single call to see how the rest of the day goes.

i'm lottoing some NIO 17Ps for earnings

if you took a bunch, you should have been stopped. this is now a down move.

Are bond prices expected to continue falling as interest rates increase over the year?

Charismatic Megafauna said:

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McInnis 03 said:

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Memory banked

In terms of a classic 60/40 portfolio, this means the pension funds need to sell equities to buy bonds in order to rebalance the portfolios at end-of-month 👇 https://t.co/tjK4qqpBkU

— Sergei Perfiliev 🇺🇦 (@perfiliev) March 23, 2022

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Aapl has gotta be one of the primary victims of something like this, right? Maybe after this next leg up flip to puts for next fri?

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Bob Knights Liver said:

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I'm short TSLA here at 1020. Not much, but a small bet against continued rip foreva.

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I moved my stop to break even on the dip and got stopped out.

ROKU

FTAG 2000 said:

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Something getting into SAVA today.

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With the other memes running yesterday and that 5 and 20 converging I tried to buy back the top end of my spreads ($85) and add some more $70 calls right at close, but neither filled. Gonna make a little money on the 3/25 $70/$85 spreads I do have.