49s for next week and 50s for May. IV crush may hit the May ones since 54 is the new ceiling, but should do well on the 49s.
$30,000 Millionaire said:
Monthly opex
Don't be stupid and give back weekly profits.
LOL this. I just closed SPY verticals, 2.5x. I could've held one into close today/ expiration for max gain, but a lot less stress banking it.Bob Knights Liver said:$30,000 Millionaire said:
Monthly opex
Don't be stupid and give back weekly profits.
I am printing this out right now scaled to fit legal sized paper to hang on my office wall for today.
BaylorSpineGuy said:
Thanks as always for this.
A couple questions……when you quote, from time to time, economists who work for MS or GS or BLK, how much of what they say do you think is truth vs intentional misdirection to accommodate some of their larger clients? BLK -do believe them for most part....GS I will say from time to time will try and alter markets...MS -more wrong than correct
Also, TLH (10-20 yr bond ETF) looks severely oversold. You see a continued rally there maybe back to 133ish? That's what I gleaned from your post, but I'm pretty much too stupid to understand 90% of what you write :-). I agree with what appears to be a bottom here but between steepener trades getting smoked and Russia it could flip in a heartbeat.....
ProgN said:
Elon Musk offers to buy Twitter for $54.20 a share
https://www.cnbc.com/2022/04/14/elon-musk-offers-to-buy-twitter-for-54point20-a-share-saying-it-needs-to-be-transformed-as-private-company.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Musk wants to buy TWTR AT $54/shr and take them private.
KT 90 said:ProgN said:
Elon Musk offers to buy Twitter for $54.20 a share
https://www.cnbc.com/2022/04/14/elon-musk-offers-to-buy-twitter-for-54point20-a-share-saying-it-needs-to-be-transformed-as-private-company.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Musk wants to buy TWTR AT $54/shr and take them private.
So when someone makes an offer like that, is the best play to hold? Twitter is at ~$47 right now with a small increase on the day. I was expecting this to go closer to the offer price today.
YNWA_AG said:KT 90 said:ProgN said:
Elon Musk offers to buy Twitter for $54.20 a share
https://www.cnbc.com/2022/04/14/elon-musk-offers-to-buy-twitter-for-54point20-a-share-saying-it-needs-to-be-transformed-as-private-company.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Musk wants to buy TWTR AT $54/shr and take them private.
So when someone makes an offer like that, is the best play to hold? Twitter is at ~$47 right now with a small increase on the day. I was expecting this to go closer to the offer price today.
Because it will have a quick drop into the 30s if they say no to Elon
If they reject and he sells, it sells off, Elon comes back in a few months with a $35 offer.Brian Earl Spilner said:
If they reject his offer and Elon sells his shares for a huge profit, SEC has to investigate it as a pump and dump, right?
KT 90 said:YNWA_AG said:KT 90 said:ProgN said:
Elon Musk offers to buy Twitter for $54.20 a share
https://www.cnbc.com/2022/04/14/elon-musk-offers-to-buy-twitter-for-54point20-a-share-saying-it-needs-to-be-transformed-as-private-company.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Musk wants to buy TWTR AT $54/shr and take them private.
So when someone makes an offer like that, is the best play to hold? Twitter is at ~$47 right now with a small increase on the day. I was expecting this to go closer to the offer price today.
Because it will have a quick drop into the 30s if they say no to Elon
Right. Why I am thinking of being content with today's small gains and getting out. I didn't get that many shares anyway.
$30,000 Millionaire said:
Quite the dump
Bob Knights Liver said:KT 90 said:YNWA_AG said:KT 90 said:ProgN said:
Elon Musk offers to buy Twitter for $54.20 a share
https://www.cnbc.com/2022/04/14/elon-musk-offers-to-buy-twitter-for-54point20-a-share-saying-it-needs-to-be-transformed-as-private-company.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Musk wants to buy TWTR AT $54/shr and take them private.
So when someone makes an offer like that, is the best play to hold? Twitter is at ~$47 right now with a small increase on the day. I was expecting this to go closer to the offer price today.
Because it will have a quick drop into the 30s if they say no to Elon
Right. Why I am thinking of being content with today's small gains and getting out. I didn't get that many shares anyway.
You could hold some or all or the shares and buy puts, at maybe $45 to $35 strikes, to cover the downside of anything you are holding.
You could also sell CCs above $60 for a few months out, since that seems like free money to me.
best idea on opex thursday is to watch onlyBob Knights Liver said:$30,000 Millionaire said:
Quite the dump
Anything you're looking at today? I'm all out ofideasgood ideas.
I entered a bunch of 2024 $100 calls and a bunch of 2024 $30 puts, because either Elon is successful at a hostile takeover and $TWTR finally gets run like a real business or it dies.
— God Assigned Your Gender (@oldarmy1) April 14, 2022
Those are the only two outcomes. I'll win either way - free speech only wins one way.
actually I was going to have another cup of coffee, just disappointment so far, lol$30,000 Millionaire said:
Quite the dump
sounds like quite the dump is in your futureBREwmaster said:actually I was going to have another cup of coffee, just disappointment so far, lol$30,000 Millionaire said:
Quite the dump
Nice of them to schedule this after hours.McInnis 03 said:
Twitter company wide meeting at 4pm EST.
I bet leftist arrogance says no.FTAG 2000 said:
Twitter board is meeting this morning on the offer by the way. We'll know the outcome today.
This is what I'm struggling with.Bob Knights Liver said:
What choice do they have? How can they justify refusing this offer as in the best interest of their shareholders? Musk will sue the pants off of them. Others will form a class action.