$30,000 Millionaire said:

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Yes but it's already up 20% this week

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Yep, put some limit orders in on SDC and SIX leaps, hopefully I get filled on something, bought some SPY calls just incase the market rips and I dont.

I have to admit. "The System" by Brian Jones is intriguing.

$30,000 Millionaire said:

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I bought some OSTK AH just now. Stop 26.6

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I like this, will look to enter tomorrow. Looks to have reversed trend.

Dow +800 tomorrow

Accept his push, just don't touch him or let him touch you. You may get herpes.

Lake08 said:

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Dow +800 tomorrow

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Maybe, bit wouldn't it be the bee's knees if yesterday completed the bounce back to 200DMA and now it's going to drop into bear mode?

I sold 100% of calls, so bought SPY with futures at -18.50 and had a instant stop at -19 that triggered. Not gonna make a move until open, where I can see whats going on.

EA Sports up big after hours

Lake08 said:

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Dow +800 tomorrow

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We'll see. If not doing anything with options until J POW does his thing. I try not to guess.

Pre-Market SPY is sniffing glue.

irish pete ag06 said:

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irish pete ag06 said:

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Messing around in small cap land... doing some scanning. Found VIVK. It's oil. Did a reverse split 1:30 a while back.

2 massive goal posts.



That's all I know about this company. Oh and their web site looks legit. That's it.

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I'll be danged... I never took a position here, but this popped to 2.35 today. I'm leaving it on my watchlist.



It's an oil play. I'm gonna see if it can make its way back down into the 1.40 range.

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VIVK continues to get bought yesterday. I really wanted a dip to the 1.40 range. Got it, but it immediately was bought up.



I searched twitter to see if it was a fintwit pump and dump, but no large accounts are tweeting about it.

My extremely novice DD when doing various searching is they are in oil but post all the buzz words of "clean" and "environmentally responsible" etc.

They did a reverse split a while back and have a 5.73 million float according to finviz...

More research has found that the Nicasio character that is one of the officers has been associated with some scammy stock market stuff in the past. Still interesting.

I can see PLBY getting pumped at some point. It looks like some loading has already begun. Ticks all the boxes.

Name recognition.
Beat down.
Relative volume ticking up.

Spoony Love said:

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Pre-Market SPY is sniffing glue.

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Fade the first move comes to mind. Feel like I've heard that before.

This one may be worth buying calls. The volume between 14-16 could be a magnet later this year.

1/20/23 $15C pre-market is .16. Seems like a low cost gamble. 12.5C is .21

Coming down off that high now. The rest of the day may be rough. Lol

Taking some easy money on ostk.

$30,000 Millionaire said:

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Taking some easy money on ostk.

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27.95. Easiest 2% ever.

$MSFT looks like it could bust a move soon. Used the 50 EMA as support the last 3 days and the 8/21/200 EMAs are all stacked with a gap above at $285.56
Any type of macro market continuation that gap fills pretty easily.
The 9/2 $285s are @ $1.70 right now

Edit: Picked up some shares with a stop at $275 to give this set up a shot. Too much jawing going on in Wyoming for me to go options for this set up

Premiums insane. Not playing.

$30,000 Millionaire said:

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Premiums insane. Not playing.

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If this was in response to me then I agree after taking a better look. Too much for me with Jackson Hole going on also. Picked up some shares with a stop at $275 to give this set up a shot

I suppose everyone is expecting a big move, but nobody knows which way

Spoony Love said:

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I suppose everyone is expecting a big move, but nobody knows which way

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So that basically means we'll close right at 4200 and MMs wil feast on premium today?

In light of the insane premiums, is it better to switch to a purchase of the stock and set a stop limit or wait out the premium degradation? Sensibly I understand that it depends on the goals you are trying to achieve but I am talking more about risk avoidance. I guess buying stocks and setting stop limits is better risk avoidance than options so maybe that's the answer.

irish pete ag06 said:

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Spoony Love said:

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Pre-Market SPY is sniffing glue.

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Fade the first move comes to mind. Feel like I've heard that before.

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There is the first move - down

Powell giving the speech he should have given last month.

wanderer said:

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Falling like a rock. Fade the first move gonna be the case again??

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Has Powell's performance even started yet?

The leash is off and SPY to 420 is coming back

wanderer said:

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Falling like a rock. Fade the first move gonna be the case again??

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geez. Looks like there's your answer.....maybe...

I'm not a macro expert, but that was a pretty hawkish speech from Powell.

but also extremely vague