i'm not looking to go ITM really. already up 25%
Charismatic Megafauna said:
"Hand over your...uhh...wait...my mistake, i thought this was my car, i have one just like it, you have a nice day sir!"
irish pete ag06 said:Mind sharing what you saw here? Or if not, I can take a hint.ProgN said:
Buy FSLY right now for a trade
FWIW one analyst suggests they might be an acquisition target by Google to help their cloud business.ProgN said:It's on the lower bolly that is getting real tight and oversold on the stoch. It's in a 4 month darvis box and I bet it hits the upper bolly in the next 5 trading days that would print at $13+ for a quick 25-30% gain. Shares are cheap enough to buy so no need to gamble with options. Earnings have already been announced so no risk of a negative surprise.irish pete ag06 said:Mind sharing what you saw here? Or if not, I can take a hint.ProgN said:
Buy FSLY right now for a trade
TL;Dr: Minimal risk for a quick 25-30% gain.
FJ43 said:
All I want for Christmas is the top of that box on Monday.
That's all….
I've heard that but I don't buy for buyout rumors. Risk/reward at its current price looks like a great swing trade. It's basing and getting coiled down here. It's going to squeeze sometime soon imo, but I see an easy 25-30% no stress short term swing trade.techno-ag said:FWIW one analyst suggests they might be an acquisition target by Google to help their cloud business.ProgN said:It's on the lower bolly that is getting real tight and oversold on the stoch. It's in a 4 month darvis box and I bet it hits the upper bolly in the next 5 trading days that would print at $13+ for a quick 25-30% gain. Shares are cheap enough to buy so no need to gamble with options. Earnings have already been announced so no risk of a negative surprise.irish pete ag06 said:Mind sharing what you saw here? Or if not, I can take a hint.ProgN said:
Buy FSLY right now for a trade
TL;Dr: Minimal risk for a quick 25-30% gain.
Damn you brother, love you though! I suggest a profitable trade on a low priced stock with minimal risk and you bring in options. That's like opening a bar across the street from an AA meeting on this thread.FJ43 said:
Progs FSLY
I bought 50 9/16 12c at .36 today. Loses 10.06 and sees low of 9.50 IMO. Give me a bounce to about the gold bar by the first vertical yellow line for the double and I'll call it a day. Get to top of box momma FJ will be happy.
LOL.... You know I'm a trading junkie degenerate....just ignore my trade. Couldn't help myself. Won't surprise me to see 9.50 if loses 10.06. A bounce even by .50 below $11 gets me 30%ish. As a trade I may cut the options below 10.06. Think that decision will come quick. RR is about 1-3 and could be 1-5 if moves to top of box before expiration.ProgN said:Damn you brother, love you though! I suggest a profitable trade on a low priced stock with minimal risk and you bring in options. That's like opening a bar across the street from an AA meeting on this thread.FJ43 said:
Progs FSLY
I bought 50 9/16 12c at .36 today. Loses 10.06 and sees low of 9.50 IMO. Give me a bounce to about the gold bar by the first vertical yellow line for the double and I'll call it a day. Get to top of box momma FJ will be happy.
IMO, it's going to take continued downward pressure on the macros to hit $9.50, but if it does then I will be adding a lot of shares because they're on sale. FSLY has great tech, and established clients. They guided lower when they reported earnings a couple of weeks ago, but their lower guidance was miniscule and the market didn't slaughter them because the shorts stayed away. That's a strong fundamental support in my book.
I prefer to just buy shares on low priced stocks instead of trying to time it with options. That said, this thing will squeeze. I don't know what the catalyst will be or when it will happen but when it does, I think it prints $20+ in the next 6 months unless a catastrophic event happens. In the meantime, I'll swing trade it.
FJ43 said:
I feel like I should post this.....
Y'all see me actively trading options. I've learned to be disciplined with my style/system, trade plan and execution but it took lots of red ink years ago to gain that wisdom. Options are NOT for everyone and I do not recommend it unless you apply yourself. While I take a few that are possible home runs the vast majority are high probability for singles, doubles and occasions home runs. I flat love the rush of options trading.
I do not full port options or any trade. I manage risk and work to manage the trade green scaling out. I've learned I don't need the trades full potential just the meat. I set trailing stops when green at certain levels. And above all else get out when your trade plan says to.
I totally understand how you feel. I invest in real estate most of my career has been M&A/PE. I trade the markets although I do have long positions.Carioca Corredor said:
I spent the second half of my business career doing this exact strategy but in real estate investing. I'm struggling to transition it to y'all's technical market trading. Add to that I'm risk averse. So I continue trying to learn what y'all are saying/ doing while trying to find ways to make my sucky portfolio liquid again. Thinking to just buy small companies on the cheap in the year to come for the cash flow into retirement.
$META add another watch for call entry. Breaks $170 enter Sept 2 $180's.
— Freedom Costs More Than Being Concerned... (@oldarmy1) August 18, 2022
9.50 was the bottom of a couple of daily wicks and looked to have strong support around 9.90 or 10 if I remember right (when I charted it. My guess is any dip to mid 9's will be very short lived.ProgN said:Damn you brother, love you though! I suggest a profitable trade on a low priced stock with minimal risk and you bring in options. That's like opening a bar across the street from an AA meeting on this thread.FJ43 said:
Progs FSLY
I bought 50 9/16 12c at .36 today. Loses 10.06 and sees low of 9.50 IMO. Give me a bounce to about the gold bar by the first vertical yellow line for the double and I'll call it a day. Get to top of box momma FJ will be happy.
IMO, it's going to take continued downward pressure on the macros to hit $9.50, but if it does then I will be adding a lot of shares because they're on sale. FSLY has great tech, and established clients. They guided lower when they reported earnings a couple of weeks ago, but their lower guidance was miniscule and the market didn't slaughter them because the shorts stayed away. That's a strong fundamental support in my book.
I prefer to just buy shares on low priced stocks instead of trying to time it with options. That said, this thing will squeeze. I don't know what the catalyst will be or when it will happen but when it does, I think it prints $20+ in the next 6 months unless a catastrophic event happens. In the meantime, I'll swing trade it.
$AAPL Weekly. #AAPL gravestone doji 🧸$SPY $QQQ $XLK $NDQ #NASDAQ pic.twitter.com/n2dYpfTZI2
— ReciKnows (@reciknows) August 20, 2022