Why is Vix red

irish pete ag06 said:

---

BrokeAssAggie said:

---

5 red days in a row, yet I keep buying calls. (dumb ass)

---

Same dude... I was just thinking. This market was just like the dumbass market we had in 2020-2021 where just close your eyes and buy a dip and HODL and it would rocket.

Literally wait for a big green bar. Buy put. HODL. Profit. I'm an idiot for not doing this.

---

I have only been trading a little over 2 years and have a lot to learn. I keep telling myself that I will come out a better trader because of this.. hopefully.

BrokeAssAggie said:

---

irish pete ag06 said:

---

BrokeAssAggie said:

---

5 red days in a row, yet I keep buying calls. (dumb ass)

---

Same dude... I was just thinking. This market was just like the dumbass market we had in 2020-2021 where just close your eyes and buy a dip and HODL and it would rocket.

Literally wait for a big green bar. Buy put. HODL. Profit. I'm an idiot for not doing this.

---

I have only been trading a little over 2 years and have a lot to learn. I keep telling myself that I will come out a better trader because of this.. hopefully.

---

I've been "active" for about a year and a half. Frequenting this board for only about a year.

I keep thinking that too, bud. Just trying to survive.

bought TQQQ

$30,000 Millionaire said:

---

bought TQQQ

---

what's the difference between TQQQ vs QQQ? why by one vs the other?

BrokeAssAggie said:

---

$30,000 Millionaire said:

---

bought TQQQ

---

what's the difference between TQQQ vs QQQ? why by one vs the other?

---

3x

Tumble Weed said:

---

BrokeAssAggie said:

---

$30,000 Millionaire said:

---

bought TQQQ

---

what's the difference between TQQQ vs QQQ? why by one vs the other?

---

3x

---

oh I see. So more risk.

Quote:

---

If you choose to invest, you should keep in mind that the same 3x performance applies to the downside as well. If the QQQ falls in price by 1%, TQQQ could fall by 3%. That means that an investment in TQQQ would be a big bet that the Nasdaq 100 (or QQQ) would rise. Investors typically use TQQQ as a speculative tool for a short-term holding period.

---

When do we see capitulation

BrokeAssAggie said:

---

Tumble Weed said:

---

BrokeAssAggie said:

---

$30,000 Millionaire said:

---

bought TQQQ

---

what's the difference between TQQQ vs QQQ? why by one vs the other?

---

3x

---

Other than the share price.

---

Gambler vs degenerate.

I owned tqqq during March of 2020.

I didn't learn much about the stock market, but I learned a lot about myself. I trade with stops now and live to fight another day.

cjo03 said:

---

BenRev09 said:

---

***MAROON SUNGLASSES ALERT***

BlueTaze said:

---

Chairman’s plan to buy shares in $WWR #Graphite pic.twitter.com/QeN4IpB41A

— Big Mike’s Uranium Capital Management (@Big_U_Dawg) May 5, 2022

Let's see how much WWR stock insiders buy next week after blackout.

---

Q1 results announced today. Hoping insiders picked the bottom and have come to wash away my trading sins

---

CEO currently has ~80,000 shares or roughly $85k worth... may be a good time for him to add another comma worth of shares.

---

From January 1 until today, they've issued 12M shares. About 25% dilution.

Man they might make it in the long run through the vans, but they're just incinerating capital: $RIVN.

wanderer said:

---

I drew this wedge trend within the first hour of the opening this morning.


Crazy to see how that same continued trendline acted as support during the last 2hr freefall.

---

Drew the same one. Sell algos continue to win.

FTAG 2000 said:

---

Reports out today that Fauci made $350 million off of royalties with the drug companies.

Imagine not just having insider info but being able to dictate federal mandates and purchases.

---

no way this is true or legal, right?

The only that it's not true is that $350M is lower than the real number.

Does the the fact that vix was red on an overall red day mean anything?

Took a hickey this morning from TSLA calls I was holding over night because of the 7:30 am dump. Spent all day grinding about 73% of it back.

jwhitlock3 said:

---

I'm a rookie and not bashing but why are you guys taking calls? You're fighting the trend here and making things more difficult on yourselves. Is this trying to catch a bottom or the thinking that things are oversold?

---

I was thinking we would see a little short term bounce today. I think one is coming tomorrow or Friday. Don't think it's the bottom though.

jwhitlock3 said:

---

I'm a rookie and not bashing but why are you guys taking calls? You're fighting the trend here and making things more difficult on yourselves. Is this trying to catch a bottom or the thinking that things are oversold?

---

Can't speak for everyone, but for me personally, I closed out my Puts from the morning and just sat and watched for a while. When I thought we had safely cleared (and backtested) the 3945-60 zone Mancini tweeted about, I bought a 0 DTE lotto SPY call to see if we'd get another short squeeze back up to his next 4020 level before the close, which obviously didn't happen.

Definitely agree that buying longer-term calls isn't the best move right now, but there have still been plenty of intraday scalping opportunities the past couple weeks for them.

(I'm also still very much a rookie, so please take this post with the appropriate-sized grain of salt)

Top to bottom, MSFT traded 5.2x its shares outstanding by 2002, 3.3x by 2009, and 0.5x so far. AMZN traded 5.7x by 2002, 6.6x by 2009, and 0.9x so far. JPM traded 3.0x by 2002, 5.9x by 2009, and about 0.7x so far. Etc. Enough takes time.

— Cassandra B.C. (@michaeljburry) May 11, 2022

I know he's a perma bear, but does this mean the volume suggests we got a lot more downside to go?

cptthunder said:

---

TChaney said:

---

cptthunder said:

---

$WEAT volume picking up, currently trying to breakout

---

https://www.bnnbloomberg.ca/wheat-crops-almost-everywhere-are-coming-under-threat-1.1764554

---

If only we had our own advanced crop report on this board..... oh wait we do
MR Johnsongrass for the continued win!!!

---

Had to leave 30 minutes to the Close. Wife said we had to get our walk in before the rains restart.

Hey, I don't know if you entered WEAT, CORN, and SBEAN when I posted and my levels (again I made some poor entries leaving some money on the table). But, I'll repeat, I'll likely exit the week before Memorial Day, or the week of Memorial Day, or the week after Memorial Day - one of these. The corn futures market seems to always have a rally to that time in the year and then it backs off. This year could be different, but I doubt it. I mentioned in an earlier post that commodity seasonal's were not showing up this year....well, they did, but the seasonal window was really short in terms of number of days it was present, but it was there. Hence, I had poor entry levels at the beginning of these positions. Waiting a couple more days and I'd had hit the correct seasonal entry point lows. Oh well,..

hmm..

MSFTs share price in 2002 was about $16. It's $260 right now. So... yeah, it's going to get traded less.

Maybe I'm a simpleton and don't get it. That is always in play.

Farmer @ Johnsongrass, TX said:

---

Farmer @ Johnsongrass, TX said:

---

XOM

Here's what I am doing, at the moment. I'm looking for this to run a bit into the Close.

Sell Order at $89.78
Sell Order at $91.00
Selling CC's $95 May 27 @ $0.60 = Was away. Got brokerage notice. These traded.
Selling CC's $100 May 27 @ $0.20

I own several positions in different accounts and this is what works for me today per the strategies in those accounts.

---

Yea!

---

No other executions. Whoever bought those Calls makes me think May 27th $95 will be XOM's share price, or more. That would be great!

No shade from me, just curious how you guys were approaching. If you're good with risk management there's plenty of money to be made both ways, the short squeezes have been violent and large with upward moves.