Die ***** die!
That was the only catalyst.Swollen Thumb said:
What's the news moving SAVA. I saw an insider (CFO) purchase reported yesterday but doon't see anything else. Are shorts covering? If so, I expect another hit piece to come through in 3...2...1.
irish pete ag06 said:
ENVX is about to plummet again...
it's a progressive cascade down if it loses 20.80
$30,000 Millionaire said:
That's who messes with prices like that to manipulate it. What these jerks do is the pull the bid so that if a stop gets triggered, they'll get your ITM calls for 0.01 when they're worth at least 0.40. When I see this manipulation, I just get out.
I have complained to the SEC about this at least 10 times, but the market is crooked and these crooks are all in it together.
Spoony Love said:
Me too. Except agreeing to a new job for significant pay increase. Excited about the next step.
Hard day to trade.
FOMC Minutes: All Fed participants agreed 75 BPS was appropriate.
— unusual_whales (@unusual_whales) August 17, 2022
Thanks for the response. I sold Sept $35 CCs this morning on the spike for crazy premium. CC's have been really good to me on this one over the past 12 months. This is probably my 5-6 round of CCs which has me almost net free.Triple_Bagger said:That was the only catalyst.Swollen Thumb said:
What's the news moving SAVA. I saw an insider (CFO) purchase reported yesterday but doon't see anything else. Are shorts covering? If so, I expect another hit piece to come through in 3...2...1.
CFO purchased 2,500 shares
Director purchased 100,000 shares
This one still has a high short interest and the short ratio was almost 8, so it doesn't take much to make it run. These insider buys were the first since the citizens petition a year ago and people overreacted. Rinse and repeat. Next clinical update isn't expected until year end. I think I'll be able to buy back in under $20.
Right on cue.BREwmaster said:S&P just bounced off the 200 day after a bull run. Regardless of the news, I think we sell. but that's part hunch, part technicals. Markets need a breather here.Brian Earl Spilner said:
Any idea what's expected from the Fed tomorrow?
Watch the first reaction after Fed starts speaking, usually it's a fake out. I pay zero attention to what is actually said. I will usually just play a small position contrary to the first move.
$BBBY: you are probably exit liquidity if you longed this near the highs... pic.twitter.com/pPDqI4nJt9
— Markets & Mayhem (@Mayhem4Markets) August 17, 2022
EDIT: Someone just posted on BBBY. Tell me what it means.HtownAg92 said:
I know you guys say to steer away from the meme stonks, but I'm just getting started and "practicing" options trading with small amounts. I did a 8/19 21.5 put on BBBY when it was about 27 today. Now it is in the money. Should I sell my option now with about 40% profit in case the WSB apes run it up again tomorrow, or do you think this is a sign that they are done and wait for it to tank more?
Top Post on r/WSB right nowirish pete ag06 said:
Every fiber in my being wanted to buy $5 put leaps today. I didn't. Maybe tomorrow.$BBBY: you are probably exit liquidity if you longed this near the highs... pic.twitter.com/pPDqI4nJt9
— Markets & Mayhem (@Mayhem4Markets) August 17, 2022
Ryan CohenCharismatic Megafauna said:
I understand gamestonk but why do those goobers care about bed bath and beyond?
Options (with limited exceptions) don't trade after market close. You have no choice but to wait until market open to sell, at which time you can decide if you want to take your money and run or squeeze a little more out of it. If you take your money, be aware the spread will likely be wide at open, so if you set a market order, you will likely leave money on the table.HtownAg92 said:
Okay, BBBY continues to sheet the bed hard afterhours, but my option sell price isn't moving I guess because I wasn't in the money at close. Surely I can wait until open tomorrow for my option price to catch up and correlate with opening share price and then sell it? And if there is no sign of the wsb's moving it back up, let it tank some more?