Set a sell order for .31 and was out shortly after with nearly 50%, not bad for an hr in a trade.Wish I wouldve switched to calls and just let em ride,nice pop into close on half the usual volume.
I grabbed a few AMZN $2030 calls for next week..Prime day and all that...thinking we could see a new high.
CVS puts ended day up over 70% I'm thinking $56.40s early next week that will be my exit and an excellent return.
Those FB calls I sold ended the week at $6.48 cost myself a nice chunk of change there,had a good week anyway but I left over 6k on the table in just a few trades.
Gonna enjoy this weekend been working 6 days a week on these stores now off till Mon morning
Set a sell order for .31 and was out shortly after with nearly 50%, not bad for an hr in a trade.Wish I wouldve switched to calls and just let em ride,nice pop into close on half the usual volume.
I grabbed a few AMZN $2030 calls for next week..Prime day and all that...thinking we could see a new high.
CVS puts ended day up over 70% I'm thinking $56.40s early next week that will be my exit and an excellent return.
Those FB calls I sold ended the week at $6.48 cost myself a nice chunk of change there,had a good week anyway but I left over 6k on the table in just a few trades.
Gonna enjoy this weekend been working 6 days a week on these stores now off till Mon morning
Havent done much trading on my own this week,tailed a few plays on discord that were pretty good we had some GLD 134 calls that we sold today for huge gains..Sold most of my CVS puts too was easy money,letting a few ride that chart is FUGLY
AMZN calls were total poo
Swinging some HOME $7 calls a month out..hoping to see a reversal here.
Picked more Omer last few days low 15s..thinking we see $17+ again after revs reported
Havent done much trading on my own this week,tailed a few plays on discord that were pretty good we had some GLD 134 calls that we sold today for huge gains..Sold most of my CVS puts too was easy money,letting a few ride that chart is FUGLY
AMZN calls were total poo
Swinging some HOME $7 calls a month out..hoping to see a reversal here.
Picked more Omer last few days low 15s..thinking we see $17+ again after revs reported
Working nights finally went in my favor..call out for SPX 2965 puts at 3.20 I woke up a bit after and got the trade at 2.20.About to drop half here at 5.20 and see if this can drop even lower.
Working nights finally went in my favor..call out for SPX 2965 puts at 3.20 I woke up a bit after and got the trade at 2.20.About to drop half here at 5.20 and see if this can drop even lower.
Call of the day in discord was nasty AMZN 1980 put today exp ..was called out around $2 currently trading at 14.I shouldve taken more contracts on for this.We called the pop and drop on SPY today..
Bought more OMER again today 14.60s hopefully the low before ER
CHK is a dumpster fire but I will just hold and wait...no more adding here for now.
Cvs calls are blah so far
Call of the day in discord was nasty AMZN 1980 put today exp ..was called out around $2 currently trading at 14.I shouldve taken more contracts on for this.We called the pop and drop on SPY today..
Bought more OMER again today 14.60s hopefully the low before ER
CHK is a dumpster fire but I will just hold and wait...no more adding here for now.
What a tank job on CVS!?Will dump these on open tomorrow most likely if it can climb at all...those calls straight dumped again right after I added.The chart looks awful,I shouldve waited for calls and held those freakn puts.
Took profits on MSFT not nearly what I shouldve they hit .49 and I watched em fall back to .40 before I bailed.Might try another batch but I'm not stayn up any longer today so hopefully things dont move much into close
Grabbed a handful of SPY 7/29 298 puts at 1.50 might get a better price this afternoon but I'm tired and dont wanna see an order and miss..gonna carry these a few days and hope for the best.
What a tank job on CVS!?Will dump these on open tomorrow most likely if it can climb at all...those calls straight dumped again right after I added.The chart looks awful,I shouldve waited for calls and held those freakn puts.
Took profits on MSFT not nearly what I shouldve they hit .49 and I watched em fall back to .40 before I bailed.Might try another batch but I'm not stayn up any longer today so hopefully things dont move much into close
Grabbed a handful of SPY 7/29 298 puts at 1.50 might get a better price this afternoon but I'm tired and dont wanna see an order and miss..gonna carry these a few days and hope for the best.
SMSI beat expectations after hours,now up over 30%..I alerted the discord group to this one under $3 a month or so ago.They are still in talks with other carriers and safe and found revs ramping up.Good long term hold IMO
SMSI beat expectations after hours,now up over 30%..I alerted the discord group to this one under $3 a month or so ago.They are still in talks with other carriers and safe and found revs ramping up.Good long term hold IMO
I don't know Buck. As you know, I'm long on CVS at 54 and am confident about it long term and will get paid a nice dividend regardless. I don't see the need to play options when the short term can be so unpredictable. It leaves you subject to market trends and moves that are simply too hard to predict unless you have inside information.
I bought GOOG three trading days after the IPO at $80 and paid a split adjusted $114. It's up $100 after hours on a 1B earnings beat. It now sits at $1,238. So I'm up 10x in roughly 15 years. I bought HD at $36 now at $213.....IBM at $22, now $150. The dividends play a huge part of my process. In IBM alone, I get back my initial investment via dividends roughly every 3.5 years. I believe, after accounting for dividends (which are missed out on playing options), nothing beats buying solid companies and holding them a long time.
I know you focus on playing puts and calls, maybe because it's more exciting.....but do you think it's the best strategy to make money?
The better question is this! I know you have long term holdings. So? Do you generally outperform that mark with your options activity?
Gamble for entertainment, invest for wealth!
I don't know Buck. As you know, I'm long on CVS at 54 and am confident about it long term and will get paid a nice dividend regardless. I don't see the need to play options when the short term can be so unpredictable. It leaves you subject to market trends and moves that are simply too hard to predict unless you have inside information.
I bought GOOG three trading days after the IPO at $80 and paid a split adjusted $114. It's up $100 after hours on a 1B earnings beat. It now sits at $1,238. So I'm up 10x in roughly 15 years. I bought HD at $36 now at $213.....IBM at $22, now $150. The dividends play a huge part of my process. In IBM alone, I get back my initial investment via dividends roughly every 3.5 years. I believe, after accounting for dividends (which are missed out on playing options), nothing beats buying solid companies and holding them a long time.
I know you focus on playing puts and calls, maybe because it's more exciting.....but do you think it's the best strategy to make money?
The better question is this! I know you have long term holdings. So? Do you generally outperform that mark with your options activity?
Gamble I'm still a newbie to this options game really..been trading them like crazy last few months but before I joined this discord group I had only messed with options a few times.Percentage wise yes, I think I could top the return of my long holds easily but I havent been going in on the option trades that heavy.Even when I've been loading up on ones I like I've only been risking maybe a grand or two at most.The most I've had on an option trade was when I followed one of the traders in the group, I keep telling myself to go in heavy but I wuss out lol..I've had a few trades that ended up 10x and seen several of the folks on discord make 1500%+ in just a few hrs..the best one was 2200% ish.
Those Aug CVS calls have traded a range of .40 to .90 the last few days.Its been an easy 50%+ trade if you wait for early session dip to buy in.I bought my first batch under .40 and sold at .85...grabbed more at .50 and sold again at .80.Hoping for the same action yet again tomorrow.Also looking at Aug 30th 57.50 calls will prob grab some of those if this pattern of dip and rip continues just to have some out a bit longer and hope for a big pop on merger news.
ZYXI reports tomorrow..wait to see if theres another morning dip and try to snag some around $8.10-$8.20.I mentioned this trade in discord Fri as potential mover with ER beat.Take a look at their numbers and see if you're interested.
BYND finally got a haircut and while I didnt play options there I did grab some APRN puts and they have done rather well will prob close out before EOD tomorrow and go in again half size with exp being late AUG,this company is circling the drain IMO cant prob keep stacking put profits as it slowly dies.
Gamble I'm still a newbie to this options game really..been trading them like crazy last few months but before I joined this discord group I had only messed with options a few times.Percentage wise yes, I think I could top the return of my long holds easily but I havent been going in on the option trades that heavy.Even when I've been loading up on ones I like I've only been risking maybe a grand or two at most.The most I've had on an option trade was when I followed one of the traders in the group, I keep telling myself to go in heavy but I wuss out lol..I've had a few trades that ended up 10x and seen several of the folks on discord make 1500%+ in just a few hrs..the best one was 2200% ish.
Those Aug CVS calls have traded a range of .40 to .90 the last few days.Its been an easy 50%+ trade if you wait for early session dip to buy in.I bought my first batch under .40 and sold at .85...grabbed more at .50 and sold again at .80.Hoping for the same action yet again tomorrow.Also looking at Aug 30th 57.50 calls will prob grab some of those if this pattern of dip and rip continues just to have some out a bit longer and hope for a big pop on merger news.
ZYXI reports tomorrow..wait to see if theres another morning dip and try to snag some around $8.10-$8.20.I mentioned this trade in discord Fri as potential mover with ER beat.Take a look at their numbers and see if you're interested.
BYND finally got a haircut and while I didnt play options there I did grab some APRN puts and they have done rather well will prob close out before EOD tomorrow and go in again half size with exp being late AUG,this company is circling the drain IMO cant prob keep stacking put profits as it slowly dies.
Interesting that you are short Blue Apron. When it went IPO, I advised friends to avoid the stock or even go short as I didn't believe in the concept nor the crazy valuation. I have never shorted a stock, so you know I didn't profit on my instinct that the company was a dog.
I took a glance at the chart just a few minutes ago and you know it's always a bad sign when companies are forced into reversed stock splits (1/15) to remain NASDAQ compliant. I really chuckled at your "circling the drain" analogy and at a pre-split adjusted .58 cents, this one is headed down the disposal (insert kitchen sink disposal sound here).
Finally, let me show my options ignorance. I am wondering if you can place an option that a stock goes all the way to zero? Is that even a thing?
Gamble for entertainment, invest for wealth!
Interesting that you are short Blue Apron. When it went IPO, I advised friends to avoid the stock or even go short as I didn't believe in the concept nor the crazy valuation. I have never shorted a stock, so you know I didn't profit on my instinct that the company was a dog.
I took a glance at the chart just a few minutes ago and you know it's always a bad sign when companies are forced into reversed stock splits (1/15) to remain NASDAQ compliant. I really chuckled at your "circling the drain" analogy and at a pre-split adjusted .58 cents, this one is headed down the disposal (insert kitchen sink disposal sound here).
Finally, let me show my options ignorance. I am wondering if you can place an option that a stock goes all the way to zero? Is that even a thing?
You could purchase a put with a strike price at a buck..and just ride it all the way down.
One of the lotto plays mentioned in discord today was SPX puts that went from .60 to $32 there was also cheaper alternative mentioned that went from .23 to $15
I cost myself a boatload today going to bed early missed those lotto plays..sold out of a few positions and took profits in UGAZ most of my shares bought from 12.50 to 13.20(sold at 15.05 almost nailed the top),sold my AMD $34 puts..I did grab some BAC puts and another batch of CVS calls now trading 8/16s $56 at $1.55
You could purchase a put with a strike price at a buck..and just ride it all the way down.
One of the lotto plays mentioned in discord today was SPX puts that went from .60 to $32 there was also cheaper alternative mentioned that went from .23 to $15
I cost myself a boatload today going to bed early missed those lotto plays..sold out of a few positions and took profits in UGAZ most of my shares bought from 12.50 to 13.20(sold at 15.05 almost nailed the top),sold my AMD $34 puts..I did grab some BAC puts and another batch of CVS calls now trading 8/16s $56 at $1.55
Its laughable how this BK clown is running the country bashing the FED when rates are smack on historic lows...but for someone who was floating 13% plus debt I guess any sensibility is out the window. Yeah Trump the FED has stopped this out of control stock market from continuing to elevate. What a dope..
Its laughable how this BK clown is running the country bashing the FED when rates are smack on historic lows...but for someone who was floating 13% plus debt I guess any sensibility is out the window. Yeah Trump the FED has stopped this out of control stock market from continuing to elevate. What a dope..
I truly believe some folks close to Trump are profiting here...just seems odd to me.I say bring the pain lol,more profit to be had falling from ATHs than treading water here.
I am looking at PUPL calls will see how things hold up tomorrow but if 108 does hold I might be a buyer here.
Will look over INSG chart Poo thanks!
I truly believe some folks close to Trump are profiting here...just seems odd to me.I say bring the pain lol,more profit to be had falling from ATHs than treading water here.
I am looking at PUPL calls will see how things hold up tomorrow but if 108 does hold I might be a buyer here.
AMZN took a dump out at 5 soon as I sold they spiked to near 6 but they are now trading under 4 so glad I bailed.I did open some SPY 290 puts though today exp at .30 already dumped as they hit .65..got .60 but cant complain got most of AMZN loss back,still about $300 in the hole on those but no biggie.
Bought back in UGAZ at 11.65 only 400 shares this time,if $2 in NG gets tested and doesnt hold gonna see 1.80-1.70 real quick IMO.I told discord yesterday will look to buy U if NG can test 2.10 again didnt think it would be today..it shot past, I think it bounces up from here then another test maybe even lower next week(thinking a bounce off $2).Hoping to sell these on pop wait for low to be tested again and go a bit heavier with the next batch of buys.
AMZN took a dump out at 5 soon as I sold they spiked to near 6 but they are now trading under 4 so glad I bailed.I did open some SPY 290 puts though today exp at .30 already dumped as they hit .65..got .60 but cant complain got most of AMZN loss back,still about $300 in the hole on those but no biggie.
Bought back in UGAZ at 11.65 only 400 shares this time,if $2 in NG gets tested and doesnt hold gonna see 1.80-1.70 real quick IMO.I told discord yesterday will look to buy U if NG can test 2.10 again didnt think it would be today..it shot past, I think it bounces up from here then another test maybe even lower next week(thinking a bounce off $2).Hoping to sell these on pop wait for low to be tested again and go a bit heavier with the next batch of buys.
PYPL call buy on hold as 108 didnt hold..maybe some light support 104 area but kinda in no mans land where it sits now.Down a few bucks or up to 110 from here prob and see what this market does next week.
I'm prob done for today got a chiropractor appointment this afternoon,my back been killing me.Been to this office three times last week or so.Pain from lower back radiating around my side into my hip.It sucks gettn old
PYPL call buy on hold as 108 didnt hold..maybe some light support 104 area but kinda in no mans land where it sits now.Down a few bucks or up to 110 from here prob and see what this market does next week.
I'm prob done for today got a chiropractor appointment this afternoon,my back been killing me.Been to this office three times last week or so.Pain from lower back radiating around my side into my hip.It sucks gettn old
CVS with a nice pop here..$56 8/16 calls in play should be a hefty return here I avg down nothing huge but added 7 more contracts under a buck..also holding BAC scalp calls I shouldve sold before close but I didnt wake up in time.Hoping I can salvage some profit there...only down 20 cents so its lookn good...paid .16 and they closed at .30
OMER moving higher, call Thurs after close..will sell these swing shares around $18.30 ish.Gamble you gotta join me in one of these run ups...below 15 is insta buy for me and hasnt failed yet.
CHK is a dumpster fire..tempted to add but I'm not gonna.Will just keep trading UGAZ.No position there currently sold what I had at 12.40 and now watching it run.Thinking it'll pull back on report Thurs and another chance to load..might even see a mid day dip back under 12 today who knows.Id really like NG to bounce off $2 or upper $1.99s even.Id feel safer loading there but this has been a nice range to play in.
CVS with a nice pop here..$56 8/16 calls in play should be a hefty return here I avg down nothing huge but added 7 more contracts under a buck..also holding BAC scalp calls I shouldve sold before close but I didnt wake up in time.Hoping I can salvage some profit there...only down 20 cents so its lookn good...paid .16 and they closed at .30
OMER moving higher, call Thurs after close..will sell these swing shares around $18.30 ish.Gamble you gotta join me in one of these run ups...below 15 is insta buy for me and hasnt failed yet.
CHK is a dumpster fire..tempted to add but I'm not gonna.Will just keep trading UGAZ.No position there currently sold what I had at 12.40 and now watching it run.Thinking it'll pull back on report Thurs and another chance to load..might even see a mid day dip back under 12 today who knows.Id really like NG to bounce off $2 or upper $1.99s even.Id feel safer loading there but this has been a nice range to play in.
Also riding APRN $9 puts 8/16 paid 1.20..this trade I couldve closed yesterday but I didnt and went to bed.was up 50% or so I saw bid/ask at 1.55/1.70 before I crashed out and the stock went higher for a bit while I was sleeping.
Will sell my SLV calls after open nothing huge but will prob roll most of that into $17 calls.
GLD calls will be reloaded too..was in a discord swing I sold way early once again.Last call in discord was for $139 calls at 3:58 pm at $1.54 20 contracts so those folks will make out pretty good today(sadly I woke up about 10 mins after close so I didnt get in that one).I sold my remaining $136 calls I had and GLD hasnt slowed down since.
Also riding APRN $9 puts 8/16 paid 1.20..this trade I couldve closed yesterday but I didnt and went to bed.was up 50% or so I saw bid/ask at 1.55/1.70 before I crashed out and the stock went higher for a bit while I was sleeping.
Will sell my SLV calls after open nothing huge but will prob roll most of that into $17 calls.
GLD calls will be reloaded too..was in a discord swing I sold way early once again.Last call in discord was for $139 calls at 3:58 pm at $1.54 20 contracts so those folks will make out pretty good today(sadly I woke up about 10 mins after close so I didnt get in that one).I sold my remaining $136 calls I had and GLD hasnt slowed down since.
Took a stab at UWT hoping Crude can have a sustained bounce off 51.50 hwre..if not 50.50 then not much till 48.
Bought a few 400 shares here at 9.75
Ugaz also dipped got 200 at 11.95 thanks to an open limit order,had a few more ready but moving the price down dont want to buy a bunch in high 11s in case NG tests $2 and it doesnt hold...if it lsodes lower a higher lower can be anything above 2.02 anyhow so theres some room to dip on chart
Took a stab at UWT hoping Crude can have a sustained bounce off 51.50 hwre..if not 50.50 then not much till 48.
Bought a few 400 shares here at 9.75
Ugaz also dipped got 200 at 11.95 thanks to an open limit order,had a few more ready but moving the price down dont want to buy a bunch in high 11s in case NG tests $2 and it doesnt hold...if it lsodes lower a higher lower can be anything above 2.02 anyhow so theres some room to dip on chart
.About to drop half here at 5.20 and see if this can drop even lower.
.I shouldve taken more contracts on for this.We called the pop and drop on SPY today..
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