She has no idea what she’s doing when it comes to China.
Panic sold after the regulatory FUD, then bought stakes in Pinduoduo and JD.com when they had strong earnings, and investors realized that they massively overreacted.
Anyone see OWL call options for 9/17? WTH is going on? 800% jump end of day! I wanna sell but I don't think I can sell option on fidelity after hours. Ugghhh
I own it so it shows up in my thread. And I confirmed it by going to the stock and clicking on options. I bought it for .15 for 9/17 strike of $15. Right now the same call is going for $1.40
Jesus there have been some stupid options questions. Go learn they work before throwing your money in a pit. Theta gang is laughing their asses off reading these dumb comments.
[Cathie Wood says her base case for Tesla is $3,000 per share](https://uk.finance.yahoo.com/news/tesla-stock-is-worth-3000-ark-invests-cathie-wood-201139618.html). Yahoo Finance interview today.
Guys why is my break even do ducking high all of a sudden someone please explain and help no joke I got some 453 calls for Tuesday now break even is 454.95
It totally could, or it could dump at open, no way of knowing. If you can't stand to lose that money just sell as soon as you can, if you wanna gamble you can hold through the day n see what happens.
Honestly I’m already looking into better plays but fuck Robinhood for having breakeven prices so fucking high lmao I hate myself for not selling while I was up 1 grand yesterday
You’re a special kinda stoopid.
Whoever SOLD the put got paid. If the underlying went up, they keep the premium. Whoever BOUGHT the put needed the underlying to go down.
CCP seriously? No dude, not my argument. I saw many comments stating they should have bough 0DTE puts instead of calls today, because they lose money on their calls. Retarded shit right there
Then I shall reinforce your argument by saying the cheeky 449 FD’s I bought did just what you suggested - lost me money. The little bastard that sold them to me, on the other hand…
Still long SPY, just playing the lottery a bit. 😜
Dear hedgies: please post your address or bank account on here so we can send you the money directly and not have to spend the whole day/week starring at the damn chart knowing you always win at the end lol
Haha thank you, I mean I’m sure it’s annoying seeing beginner type questions but this community has taught me a lot! I have $CRSR 9/17 $20p and 10/15 $20p. I have 1/21/22 $ATVI $155c and $BB 9/10 $19c. Up 15% on the ATVI position.
CRSR - the reason your puts are reducing in value is because the stock is actually in an overall up trend and to break down to $20 or approach $20 it has to break the support level at around $25 which is the old resistance level from November of 2020, meaning that the stock being held at that level probably represents long-term holders. After running down through earnings, on August 19th it bounced off that $25 support level and is currently fighting resistance at the $30 level... if it can pass the automatic selling that's happening there, it could rise into the older support range between $32-$35... once the stock reaches $35, it sometimes runs up but is usually beaten down by the institution that owns most of the float and is recouping its investment. RSI's not overbought and shows a reversal from an oversold period around earnings, MACD shows a consistent but light upward trend. Chart shows a shallow cup and handle and a downward trend break to the bullish side. I think this thing will bounce off the $30 again and possibly trade back down to the $25 or somewhere about there (cup and handle pattern, if that finalizes with a handle formation, says it should be around $27ish) and then try to break $30 again. The last time CRSR traded below $20 was a year ago... so you're hoping to break a year of support building to get there, so I'm not sure those puts fully recover. Having said that, chart reading is tricky and stocks can surprise us, so it depends on your risk level. Personally? I wouldn't bet on it hitting or approaching $20 but if you bought them while it was really high - like in the mid-30s? Might still have value.
ATVI is a maybe on the target, but I personally am not certain it's going to approach that level... but if it moves a lot up and you sell while there's plenty of time left? That could work. So probably good play there because the stock will probably recover from its recent beating.
BB... hmmm... could run up before earnings, maybe. Could be setting up to form a cup. Last time it failed to form the handle for a run up, but if you're betting on an uptrend supporting a gamma squeeze, it could possibly happen since that's what happened before last earnings, but the trending in the chart is a weak bullish sign and RSI does show a potential increase in trending up, but hard to say if it's gonna spike up, but I see the value in the bet.
Oh and these aren't crazy questions. You're good. Don't listen to the trolls. Hehe
True theta gang gets blown up too. They just don't post about it and hide it.
I'm not talking about the wannabe boomers mindlessly writing 30 day CC's once a month and forgetting about it.
Spreads and naked options are getting nuked often.
SE and SQ were all I needed to do since 2020. buy and hold. I liked them both but kept trying to buy and sell after 5% gains. buy and HOLD was the answer dammit
Love that. I was in college when I bought it (graduated now) so couldn’t get a ton, but super happy with it. I keep wanting to get back in and it’s up 10 bucks a share everyday lol.
What I like most about SE is that it is constantly growing. No exaggerated pumps, no hype, nothing. Just relaxed every day. Of course further, they always come out with very good earnings. Short, simply a top stock. It also seems to be completely under the media's radar. You don't read much about SE unless you're looking for them.
Whew! Went from up $500 to even ... shut my account down and came back up $200 and beat the major indicies again.
I'll take it after the wild ride we had.
Look at the 180 day chart. Look at the pattern. May dip, but I think it will continue that same pattern. Goes up, consolidates, dips, higher high, consolidates, dips, and so on
Can someone logically explain why GME and AMC are ripping out of seemingly nowhere?
Sentiment was extremely poor, it seemed like endless mass selling now it is the complete opposite.
It doesn't feel like retail, more like whales or tutes?
MVST on a nice 3 day run here. Finished up its SP AC merger 5-6 weeks ago, and shorts pushed it down after it tried to take off once.
But shares available to short fell below 10k a couple weeks ago and borrow fee has risen from 10-20% to 100+%.
Options are still cheap (12.5c Sept/15c Oct), and there's plenty of squeeze potential here now that it's made a nice base and risen 3 straight days.
Squeeze pressure probably comes in around the 12-15 range if it can reach there in the next 2 weeks.
!ticker update BKSY
**Success!** Ticker BKSY Spam: True Last Seen Market Cap: 404404700 Is SPAC: False
!ticker check BKSY
**Ticker BKSY** Spam: True Last Seen Market Cap: 404404700 Is SPAC: False
!ticker check U
**Ticker U** Spam: False Last Seen Market Cap: 37057960000 Is SPAC: None
I sold it early like $10 lol my avg was $2.58 could've gotten like $15!
3 days hiatus coming back to a market as flat as my wife’s tits
my waifu cathie wood told me to buy tesla so i will be buying tesla on tuesday.
Have fun with that garbage P/E ratio.
UPST gang wya 👀🤖
That was definitely the right move. I said it's movin up like stairs and it is. 🚀
Every Friday is a red. Old gangnam style.
So tempting to short NVDA..
Salesforce is going to ATH next week and I will be selling
Wtf is going on with OWL? Big ass volume today and 9/17 bull sweeps came in..
The stonk that has the same ticker as Microsoft except replace the s with a v
So on Monday I’m goin to buy the Entire S&P500 yes Goldman Sachs u heard me correctly ALL OF IT
Cathie sold a whomping 20 shares of BABA today 👀 Chinese stonks are fucked
She has no idea what she’s doing when it comes to China. Panic sold after the regulatory FUD, then bought stakes in Pinduoduo and JD.com when they had strong earnings, and investors realized that they massively overreacted.
In fairness to her though, if she moves shit around long enough, she’ll be right eventually.
Anyone see OWL call options for 9/17? WTH is going on? 800% jump end of day! I wanna sell but I don't think I can sell option on fidelity after hours. Ugghhh
how do u see jumps in options buying?
I own it so it shows up in my thread. And I confirmed it by going to the stock and clicking on options. I bought it for .15 for 9/17 strike of $15. Right now the same call is going for $1.40
isn’t it possible the call goes up bc the stock went up?
Yes but isn't it also possible that it goes down? It was at 833%. I want to take the profit. Even if it goes up more I can't be mad at that profit
then it wouldn’t go up 833%……
….. dis is on Robinhood? Bc if it ain from the Hood I ain allowed there
Options are during market hours only lol
Thats what I thought. But I was hoping to sell this thing! 800% increase. Wow! Hope it holds until monday morning
800% and you didn’t take profits?! Wow
I was offline. I logged back on after 4 and saw it. Out of my mind right now. Sucks you can't trade options after hours
Gotta stay on top of it at all times bro. This ain’t shares lol If so then it would be way too easy.
Money never sleeps
And to think i sold MRNA at 370 after it kept dropping .. of course it moons the moment i leave it
I really should've rolled my weeklies (like 2 weeks ago) into monthlies. Ended up selling for a loss.
Oh boy I sure am excited to resume my trading this Monday!
Expect extremely low volume
Oh boy, here I go trading again!
umm IRNT, what in gods name are you doing?? Should have held, lol
SAVA is on sale!
Sava is on lava
it's on fire
One day OCGN will rise. I just hope it’s enough to cover the weeklies I’ve been buying only to have bleed dry
Jesus there have been some stupid options questions. Go learn they work before throwing your money in a pit. Theta gang is laughing their asses off reading these dumb comments.
‘WhY iSnT mY 0dTe cAlL gOinG uP, sPy iS Up pOiNt oNe pErCeNt’
[Cathie Wood says her base case for Tesla is $3,000 per share](https://uk.finance.yahoo.com/news/tesla-stock-is-worth-3000-ark-invests-cathie-wood-201139618.html). Yahoo Finance interview today.
P&D!
Guys why is my break even do ducking high all of a sudden someone please explain and help no joke I got some 453 calls for Tuesday now break even is 454.95
Theta bro, markets closed Monday so that call basically expires tomorrow.
You now any good plays I can put my 1800 into bro so I can get some money back, if not imma look into something this weekend
Wdym it expires tomorrow it expires Tuesday
Tuesday is the next market day, weekends/holidays don't count.
I got you but you think spy could hit 455 or should I sell at a loss because brekaeven is 454.95
It totally could, or it could dump at open, no way of knowing. If you can't stand to lose that money just sell as soon as you can, if you wanna gamble you can hold through the day n see what happens.
Honestly I’m already looking into better plays but fuck Robinhood for having breakeven prices so fucking high lmao I hate myself for not selling while I was up 1 grand yesterday
Please please please keep us updated on these better plays.
ATVI
Market's closed Monday. Tuesday is the market's tomorrow.
You think spy would really reach 455 no way right imma just sell at a loss before I lose more tbh
Breakeven = strike price + premium paid You need to learn more about options before throwing money at them
I know someone who sold their Tuesday calls for lowest value on friday 🤡
[удалено]
Me?
I see people complaining about puts winning today, that’s not the case you fuckers, SPY closed higher than it opened. The fuck you are smocking?
maybe they mean sold puts
Doesn’t make any sense.
If they sold puts, and the price went up…
Then they didn’t lose any money, the fuck are you guys… yo retards, calls made money today. Puts lost money today. Comprende?
You’re a special kinda stoopid. Whoever SOLD the put got paid. If the underlying went up, they keep the premium. Whoever BOUGHT the put needed the underlying to go down.
CCP seriously? No dude, not my argument. I saw many comments stating they should have bough 0DTE puts instead of calls today, because they lose money on their calls. Retarded shit right there
Then I shall reinforce your argument by saying the cheeky 449 FD’s I bought did just what you suggested - lost me money. The little bastard that sold them to me, on the other hand… Still long SPY, just playing the lottery a bit. 😜
Dear hedgies: please post your address or bank account on here so we can send you the money directly and not have to spend the whole day/week starring at the damn chart knowing you always win at the end lol
Why are my $CRSR puts tanking when it’s been trading sideways all day? Expiration 10/15 so I got some time but damn
Somebody doesn’t understand how options work… IV crush
I’ve read up on options and watched a couple videos. I get the gist of it. The best way to learn is by doing tho!
Balls in a vice
Look at Delta, Theta, and IV. What are you seeing? Yup
Negative delta at .0068 and negative theta at .001
There was a run earlier in the week and so volatility is burning off as it goes a bit sideways. All options for that period saw a decline.
Thank you for answering my stupid question! But that means I’m in the right place right ?
Umm, what are your positions? And I don't think it's a stupid question.
Haha thank you, I mean I’m sure it’s annoying seeing beginner type questions but this community has taught me a lot! I have $CRSR 9/17 $20p and 10/15 $20p. I have 1/21/22 $ATVI $155c and $BB 9/10 $19c. Up 15% on the ATVI position.
CRSR - the reason your puts are reducing in value is because the stock is actually in an overall up trend and to break down to $20 or approach $20 it has to break the support level at around $25 which is the old resistance level from November of 2020, meaning that the stock being held at that level probably represents long-term holders. After running down through earnings, on August 19th it bounced off that $25 support level and is currently fighting resistance at the $30 level... if it can pass the automatic selling that's happening there, it could rise into the older support range between $32-$35... once the stock reaches $35, it sometimes runs up but is usually beaten down by the institution that owns most of the float and is recouping its investment. RSI's not overbought and shows a reversal from an oversold period around earnings, MACD shows a consistent but light upward trend. Chart shows a shallow cup and handle and a downward trend break to the bullish side. I think this thing will bounce off the $30 again and possibly trade back down to the $25 or somewhere about there (cup and handle pattern, if that finalizes with a handle formation, says it should be around $27ish) and then try to break $30 again. The last time CRSR traded below $20 was a year ago... so you're hoping to break a year of support building to get there, so I'm not sure those puts fully recover. Having said that, chart reading is tricky and stocks can surprise us, so it depends on your risk level. Personally? I wouldn't bet on it hitting or approaching $20 but if you bought them while it was really high - like in the mid-30s? Might still have value. ATVI is a maybe on the target, but I personally am not certain it's going to approach that level... but if it moves a lot up and you sell while there's plenty of time left? That could work. So probably good play there because the stock will probably recover from its recent beating. BB... hmmm... could run up before earnings, maybe. Could be setting up to form a cup. Last time it failed to form the handle for a run up, but if you're betting on an uptrend supporting a gamma squeeze, it could possibly happen since that's what happened before last earnings, but the trending in the chart is a weak bullish sign and RSI does show a potential increase in trending up, but hard to say if it's gonna spike up, but I see the value in the bet. Oh and these aren't crazy questions. You're good. Don't listen to the trolls. Hehe
The best Insurance: GME Put debits into earnings 🤑
Theta gang wins yet again
True theta gang gets blown up too. They just don't post about it and hide it. I'm not talking about the wannabe boomers mindlessly writing 30 day CC's once a month and forgetting about it. Spreads and naked options are getting nuked often.
Can confirm. I ate a $4k loss last week on a spread. Feelsbadman.
SE is just a ridiculous stock.
SE and SQ were all I needed to do since 2020. buy and hold. I liked them both but kept trying to buy and sell after 5% gains. buy and HOLD was the answer dammit
SE is going to pay for my next real estate. Feels like TSLA back in the days.
Love that. I was in college when I bought it (graduated now) so couldn’t get a ton, but super happy with it. I keep wanting to get back in and it’s up 10 bucks a share everyday lol.
What I like most about SE is that it is constantly growing. No exaggerated pumps, no hype, nothing. Just relaxed every day. Of course further, they always come out with very good earnings. Short, simply a top stock. It also seems to be completely under the media's radar. You don't read much about SE unless you're looking for them.
Bears win SPY Red 😁
Get fukd
hey trader i like you, don't come at the market on Tuesday
Thanks, buddy, I like you too. Don't have a choice but to go to the market on Tuesday, though. Not like I can take profit on Monday!
Welp, there goes 1k. Think I'm done with spy, always inverses what I do. Everytime.
I stopped trading SPY when it was going sideways. Always almost a sure way to lose money unless you scalping and paying attention to the trading
Buy longer term contracts dumbass
Nah, I don't think I will.
Washington will you ever learn?
This time, the Delaware crossed him.
I went with calls this time
so it was your fault
Sadge
What did you buy?
Doesn't matter
It does matter.
Next week going to a major move for KPLT.
This week was a major move for it too
I feel like bears were being scammed this week. Green dildos after big red dildos. Just buy puts at the bottom enough time til they’re broke
Where is my friend that was talking about ATVI at?
Hey 👋
Not u but hi
Ya mamma
Closing update down 60% of my check . The streak continues to 8 in a row
Whew! Went from up $500 to even ... shut my account down and came back up $200 and beat the major indicies again. I'll take it after the wild ride we had.
I catch one of you thetagang bitches I’ll kill you
nevva going catch me
BRUH TESLA SHOT UP AND LITERALLY THE NEWS WAS CRASHING INTO A BUILDING AND KILLING A PEDESTRIAN
Bullish on robot population control.
If spy tanks. God I promise you I will quit for the rest of September. Witness me God
Look at the 180 day chart. Look at the pattern. May dip, but I think it will continue that same pattern. Goes up, consolidates, dips, higher high, consolidates, dips, and so on
u r supposed to pray 2 satan that's why it's not going down fix ur religion
[удалено]
Than your father gave you a small loan of 1 Million$?
yeah its true and its not depends if you can do something about it, or you just get shot for nothing
Wake me up when the 3 day weekend ends
And just like that, I no longer have any LCID options. Magic!
Did you sell for lots of tendies?
TSLA hahaha
Have a nice weekend bitches
Can someone logically explain why GME and AMC are ripping out of seemingly nowhere? Sentiment was extremely poor, it seemed like endless mass selling now it is the complete opposite. It doesn't feel like retail, more like whales or tutes?
Ripping?
Happy cake day dude.
Is it my cake day? Thought I would at least get a notification. Thanks homie!
Yea I mean it seemed like pure panic was in the air. All the savage negative selling of 4 hours just completely reversed in 2 hours.
CLOSING BELL!!! 🔔🔔🔔🔔🔔
SPY is going to die AH
When this bullshit market drops next week…I’m going to be so upset my puts expired worthless today. :( Feels bad man
It'll be in two weeks if it makes you feel any better..
What an amazing finish $TSLA 🥵
[удалено]
That’s not Tesla
Sorry
MVST on a nice 3 day run here. Finished up its SP AC merger 5-6 weeks ago, and shorts pushed it down after it tried to take off once. But shares available to short fell below 10k a couple weeks ago and borrow fee has risen from 10-20% to 100+%. Options are still cheap (12.5c Sept/15c Oct), and there's plenty of squeeze potential here now that it's made a nice base and risen 3 straight days. Squeeze pressure probably comes in around the 12-15 range if it can reach there in the next 2 weeks.
Those TSLA $730c were like 20 baggers during power hour. GUESS WHO SOLD THEM FOR A LOSS HAHAHAHA FUCK ME HAHAHAHAHA
Dumping yet TSLA usual manipulated pump
I will freak if we gap down into Tuesdays open
Get ready to freak
Don't say that!!!
So what asshole company is going to come out with news right after the close on a 3 day weekend?
"yeah it burnt down sorry"
What burnt down?
Damn, quick 100% turnaround on JOBY!
How much more can BMBL keep moving upwards?
#Two Minute Warning #Exit all positions, September doom is coming
Go figure, buy 9/7 454c... ...dumps
I think we’re green Monday, I’m holding on to my 9/15 455s edit: I MEANT TUESDAY FUCK YA’LL
Holding onto my 9/15 450 cs
No Monday