I'm buying more MSFT at $340.
How do you trade single stock options after hours? I thought it was only SPY and handful of other ETFs?$30,000 Millionaire said:
scalping google calls AH has been so easy.
Brian Earl Spilner said:
I'm buying more MSFT at $340.
storey979 said:
First buy .78 yesterday
Didn't say AI enough, going to have to mention it 50+ times going forward due to diminishing returns.EnronAg said:
and MSFT beat across the board...surprisingly red right now...but conference call mentioning AI a handful of times will turn that bad boy green!!!
GOLDMAN SACHS HAS JUST GIVEN $AMC A PRICE TARGET OF $175
— AMC 2 Moon (@AMC_Apee) July 25, 2023
👀🔥
You just mean future options to sell and use the premium on shares? Im still fairly ignorant.FJ43 said:storey979 said:
First buy .78 yesterday
You can likely trade that for net free shares. Premiums on covered calls you'll have to go out a ways so trading it up and down and gaining free shares from this level the RR isn't much risk.
That is one heck of a goal post on Monday.Brian Earl Spilner said:
Uh...GOLDMAN SACHS HAS JUST GIVEN $AMC A PRICE TARGET OF $175
— AMC 2 Moon (@AMC_Apee) July 25, 2023
👀🔥
Brewmaster said:
NIO breaking out of intraday wedge
go for that gap at 14.76!
I think we all know who mentioned it...AgCPA95 said:Brewmaster said:
NIO breaking out of intraday wedge
go for that gap at 14.76!
My net free Jan 25 2025 10.0 Call like this. Thanks to whoever recommended this one!
Charismatic Megafauna said:
Nice, good bit of oi on a couple tsn aug 11 and 18 strikes, and lots in oct and jan. I bid on sept 57.5 calls with the intention to turn them into spreads at the next bump
Farmer @ Johnsongrass, TX said:
A contact of mine just pointed out that the EIA "found" 17% more oil per day than produced.
If you believe any number coming out of this Administration.....
txaggie_08 said:
That can't be right. We produce 12mbpd and they found about 2mbpd you said?
Quote:
A contact of mine just pointed out that the EIA "found" 17% more oil per day than produced.
If you believe any number coming out of this Administration.....
Farmer @ Johnsongrass, TX said:txaggie_08 said:
That can't be right. We produce 12mbpd and they found about 2mbpd you said?Quote:
A contact of mine just pointed out that the EIA "found" 17% more oil per day than produced.
If you believe any number coming out of this Administration.....
2.415mbpd/12mbpd = 15%. My statement is poorly worded. I apologize for the confusion. The statement should read.....EIA found the equivalent of 15% of the daily volume produced.
ETA: If you believe any number coming out of this Administration......
China knows where the price is going.Red Pear Luke (BCS) said:Farmer @ Johnsongrass, TX said:txaggie_08 said:
That can't be right. We produce 12mbpd and they found about 2mbpd you said?Quote:
A contact of mine just pointed out that the EIA "found" 17% more oil per day than produced.
If you believe any number coming out of this Administration.....
2.415mbpd/12mbpd = 15%. My statement is poorly worded. I apologize for the confusion. The statement should read.....EIA found the equivalent of 15% of the daily volume produced.
ETA: If you believe any number coming out of this Administration......
No you're wrong farmer. All the administration had to do was check under a few couch cushions to find all those extra oil barrels stashed. It's just simple lost & found recovery
Fed this afternoon, that's probably whyRagoo said:
Is there data coming out today? Premiums seem high.
Energy companies just reported the steepest decline in operating rigs in 3 years.
— Otavio (Tavi) Costa (@TaviCosta) July 26, 2023
The lack of urgency among these businesses to boost production is paving the way for another strong rally in oil and gas prices, ultimately creating further upward pressure on inflation. pic.twitter.com/NWSu2RzQR3
The issue would be if it shoots up to $15 and then rolling does not making any real sense and you lose out on $5/share upside when your shares get called out at $10.CC09LawAg said:
Someone explain this like I am 4 because it seems too simple and I must be missing something.
If I have 100 shares of Stock A, and sell a covered call at a $10 strike when it is at $9 and the stock price shoots up to $10.50, what is to prevent me from just rolling that covered call indefinitely if the stock price continues to go up week after week if I want to hold on to this particular stock?
And if it does happen to go way down, I just buy it back at dirt cheap and start the cycle all over again?
That makes sense. I guess you would hope that with that kind of increase in stock price, you could sell a call further out at maybe a $17 strike price or something like that and end up with a net positive or even bid to keep from getting called out?Ag13 said:The issue would be if it shoots up to $15 and then rolling does not making any real sense and you lose out on $5/share upside when your shares get called out at $10.CC09LawAg said:
Someone explain this like I am 4 because it seems too simple and I must be missing something.
If I have 100 shares of Stock A, and sell a covered call at a $10 strike when it is at $9 and the stock price shoots up to $10.50, what is to prevent me from just rolling that covered call indefinitely if the stock price continues to go up week after week if I want to hold on to this particular stock?
And if it does happen to go way down, I just buy it back at dirt cheap and start the cycle all over again?
If it just shoots up to $10.50, then yes you could roll to an $11 or $12 strike in a future period, and likely come out ahead (for the time being) without giving up shares or upside.
Maybe but at a $15 share price, the intrinsic value of a $10 call option is $5.00. This does not include all the other elements of pricing an option (including time to expiration, implied volatility, etc) so the actual price of the contract you are short and looking to roll will be higher than $5.00.CC09LawAg said:That makes sense. I guess you would hope that with that kind of increase in stock price, you could sell a call further out at maybe a $17 strike price or something like that and end up with a net positive or even bid to keep from getting called out?Ag13 said:The issue would be if it shoots up to $15 and then rolling does not making any real sense and you lose out on $5/share upside when your shares get called out at $10.CC09LawAg said:
Someone explain this like I am 4 because it seems too simple and I must be missing something.
If I have 100 shares of Stock A, and sell a covered call at a $10 strike when it is at $9 and the stock price shoots up to $10.50, what is to prevent me from just rolling that covered call indefinitely if the stock price continues to go up week after week if I want to hold on to this particular stock?
And if it does happen to go way down, I just buy it back at dirt cheap and start the cycle all over again?
If it just shoots up to $10.50, then yes you could roll to an $11 or $12 strike in a future period, and likely come out ahead (for the time being) without giving up shares or upside.