The Lamestream Media has been pushing the vaccine narrative this morning. The piece of shit Tedros Adhanom (WHO Director) was just one stating that in order to get the economy back up and running you "must" get the vaccine. He's also stating that if you refuse to inoculate, you're selfish and don't care for the economy and don't care for the health of others. I hope karma gets him soon.
I was in on the morning high and sold for a lost when it broke the high this afternoon, would be nice to have more parameters to go off of, being “cautious”...
Quite right. Funny how inexperience traders feel the need to look for the fastest moving stocks, when in reality, for options trades none of that matters. It's how much it moves in relation to the price you paid for the option.
I have a little experience that sums this up; I remember just before expiry of a monthly options contract, after huge down pressure in the last two weeks to expiry, I anticipated a relief on the support and a consequential squeeze up. I bought a call option in final 20 mins before expiry @4c for the Nasdaq. The index moved little under 0.5% back to the upside just before closure, in this time I made about 700% on the trade.
Volume is very low TNX down a fraction dxy a little gain and oil looks exhausted. Pullback is imminent and I like this system allows us to capitalize off the pullbacks.
The Lamestream Media has been pushing the vaccine narrative this morning. The piece of shit Tedros Adhanom (WHO Director) was just one stating that in order to get the economy back up and running you "must" get the vaccine. He's also stating that if you refuse to inoculate, you're selfish and don't care for the economy and don't care for the health of others. I hope karma gets him soon.
My avg contract price is $16.35. please post yours everyone. It helps us all stay abt the same
I was in on the morning high and sold for a lost when it broke the high this afternoon, would be nice to have more parameters to go off of, being “cautious”...
did you sell within a day without giving it some time to play out? hopefully it'll dip tmrw. i had hoped to get in and out today.
I did, like I said just being super cautious - not sure what the equates to exactly
might be smart. the THETA on these is staggering.
Quite right. Funny how inexperience traders feel the need to look for the fastest moving stocks, when in reality, for options trades none of that matters. It's how much it moves in relation to the price you paid for the option.
I have a little experience that sums this up; I remember just before expiry of a monthly options contract, after huge down pressure in the last two weeks to expiry, I anticipated a relief on the support and a consequential squeeze up. I bought a call option in final 20 mins before expiry @4c for the Nasdaq. The index moved little under 0.5% back to the upside just before closure, in this time I made about 700% on the trade.
Today’s Volume 1.27k
Volume is very low TNX down a fraction dxy a little gain and oil looks exhausted. Pullback is imminent and I like this system allows us to capitalize off the pullbacks.
I should have avoided this trade like the rona
ugh. i'm telling you! and yesterday i missed that easy drop! i have been adding as it's gone up. hopefully alls well that ends well.
are you guys buying more now?
Same here, what is adding to the position versus closing out because it’s going against you? Is a new high for the day going against you enough?
i am wondering it it's heading for a new high today and to buy more soon?
GM your Cubs will follow you down this risky slope - please be careful with them!!!!
Wtf.. its like GM has regressed to a 1st year trader.. 🙈 TDS?
Hopefully he is not suffering from Pandemic lockdown cabin fever !!! OMG!!!!
Also spy and appl are basically the same stock
i see that! as i have puts on both of these! lol. ugh
Do you mean AAPL?
yep
Still loading up Greg?
Thanks for sharing GM. Greatly appreciated.
Nah...... I don't think so.. blatantly bad strategy..
what is the bad strategy? a single etf or a put?
IMO who tries to short this market is being a FANCY TRADER
Hi Greg, in your opinion, will BTC continue to de-couple from the Vix, or will the S&P falling drag down BTC with it?
From what I have witnessed BTC is lock-step with the SP
what was your buy price? is it too late to get in now?
Is there a way I can do some kind of spread on the SPY. I cannot afford 3000.00+ for an option. How can I make this more affordable? Thanks.