Maybe not tradable by itself, but if we note call volumes in the future maybe it guides us to toss out some lottos on Vixperation Tuesday afternoons?
did you still have any runners for Mancini's magical 4500 target? or are you just minimizing risk and taking profits? 4492 is his precise target I believe.$30,000 Millionaire said:
okay, so i am the luckiest SOB on the planet.
I bought SPX 4465C yesterday at the close at $16 because, well, we closed above the down trend. I was able to sell them just now at $24.5. I had a 1% position overnight, so not the end of the world, but I was enough to be annoyed about it. They were $6.50 at 3:15 pm after Netflix crapped the bed.
Folks, another reason to trade SPX is 24 hour trading....
Note: Typo "pulled back". 4492-4500 remains major resistance & gateway to the next rally up to 4575+. Strong resistance zone and dip likely there - bulls will want to hold the above supports on any dips either direct or from the above resistance. Supports now 4445-55, 4425, 4405
— Adam Mancini (@AdamMancini4) April 20, 2022
CLOV is my biggest loser of all time... in my ROTH IRA, so I haven't cut the bag yet.BaylorSpineGuy said:
CLOV is/was such a dumpster fire. Chamath pumped and dumped that one like a boss. Touched $28 at one point and fell to $1.95. A cool 93% drop from ATH. But fear not…it's rallied to $3!
In the height of bull markets, mania/speculation run wild. But don't feel bad if you've lost money in 2021. Most people did. Even Issac Newton lost all his wealth in South Seas Trading Co. he was famously quoted as saying, "I can calculate the movement of celestial bodies. But I couldn't calculate the madness of a crowd." I have an audiobook called "Devil Takes the Hindmost". It's a history of market speculation. Fascinating stuff.
I know I've learned powerful lessons this year. I hope to be ready for the next manic bull market. They will come again and be just as wild as this one was.
Right there with you. Remember, a Clinton is involved so there is always hope. They don't put their hands on anything for nothing.irish pete ag06 said:CLOV is my biggest loser of all time... in my ROTH IRA, so I haven't cut the bag yet.BaylorSpineGuy said:
CLOV is/was such a dumpster fire. Chamath pumped and dumped that one like a boss. Touched $28 at one point and fell to $1.95. A cool 93% drop from ATH. But fear not…it's rallied to $3!
In the height of bull markets, mania/speculation run wild. But don't feel bad if you've lost money in 2021. Most people did. Even Issac Newton lost all his wealth in South Seas Trading Co. he was famously quoted as saying, "I can calculate the movement of celestial bodies. But I couldn't calculate the madness of a crowd." I have an audiobook called "Devil Takes the Hindmost". It's a history of market speculation. Fascinating stuff.
I know I've learned powerful lessons this year. I hope to be ready for the next manic bull market. They will come again and be just as wild as this one was.
I know. One of the only reasons I'm holding on...Ccutamu said:Right there with you. Remember, a Clinton is involved so there is always hope. They don't put their hands on anything for nothing.irish pete ag06 said:CLOV is my biggest loser of all time... in my ROTH IRA, so I haven't cut the bag yet.BaylorSpineGuy said:
CLOV is/was such a dumpster fire. Chamath pumped and dumped that one like a boss. Touched $28 at one point and fell to $1.95. A cool 93% drop from ATH. But fear not…it's rallied to $3!
In the height of bull markets, mania/speculation run wild. But don't feel bad if you've lost money in 2021. Most people did. Even Issac Newton lost all his wealth in South Seas Trading Co. he was famously quoted as saying, "I can calculate the movement of celestial bodies. But I couldn't calculate the madness of a crowd." I have an audiobook called "Devil Takes the Hindmost". It's a history of market speculation. Fascinating stuff.
I know I've learned powerful lessons this year. I hope to be ready for the next manic bull market. They will come again and be just as wild as this one was.
probably touches the ONLBob Knights Liver said:
TSLA still could go either way for me this morning. 4/22 1000C or 1050P. Waiting another 5 minutes to confirm, but unfortunately it looks like puts.
BrokeAssAggie said:$30,000 Millionaire said:
perhaps the easiest trade today, but netflix will have to retrace some of that down draft. Don't over risk, but there will be money to be made on this.
Looking at weekly calls?
still hanging on to the June QQQ calls after this morning's dump?$30,000 Millionaire said:
do you guys want to keep the QQQ calls or book profits.
Answer fast
wanderer said:still hanging on to the June QQQ calls after this morning's dump?$30,000 Millionaire said:
do you guys want to keep the QQQ calls or book profits.
Answer fast
Bob Knights Liver said:
Big bull/bear fight here on TSLA. If we get down to yesterday's open at 1005, I'll likely take some profits.
picked up some $1030 calls here. $23 entry.$30,000 Millionaire said:
Premiums inflating in Tsla. Look for lift
Brian Earl Spilner said:
Alright who broke it?
wanderer said:
QQQ and SPY bouncing perfectly off Woodies pivot this morning.