Thanks Greg, I'm still in a rather large WMT position and I'm thinking its fixing to catch a major bid when all this stimulus, EBT cards, S.N.A.P. and welfare checks Biden is giving out will go straight to WMT to get spent!!! My position is looking good with small gains, but I'm expecting a strong move higher!!!
I agree with the stimulus. WMT is hard for me to figure out. I also bought Dollar Tree, Best Buy and some fast food stocks too during this period. Kinda funny what people graviate too with the stimulus money.
The WMT daily chart is looking good. I got in on a 3 day expiry just for the hell of it. I'm fluctuating between break even and -2.27. UPDATE: I closed the position @-2.27% loss. I would love to buy a longer dated call, but the Theta is a killer for this product.
Going to ride it out...just feel bullish about aapl earnings tmrw. Plus, msft earnings is later today. FAANG stocks should rise...but just my opinion and based on trend.
Thanks Greg, I'm still in a rather large WMT position and I'm thinking its fixing to catch a major bid when all this stimulus, EBT cards, S.N.A.P. and welfare checks Biden is giving out will go straight to WMT to get spent!!! My position is looking good with small gains, but I'm expecting a strong move higher!!!
I didn't think about all that. Good point. I'm back in WMT with a longer dated option .WMT210618C200
https://docs.google.com/document/d/1QdM6hj8J7IYsHJ-9ISB9V0vSFA4rNlH4hrTfLM2sGjk/edit?usp=sharing
Been on the rise for 2 days now so maybe it will take off!!! Looking good!!!
I agree with the stimulus. WMT is hard for me to figure out. I also bought Dollar Tree, Best Buy and some fast food stocks too during this period. Kinda funny what people graviate too with the stimulus money.
If I was up that much, I’d sell. So what if it goes up 100% tomorrow, lock it in today. IMO
The WMT daily chart is looking good. I got in on a 3 day expiry just for the hell of it. I'm fluctuating between break even and -2.27. UPDATE: I closed the position @-2.27% loss. I would love to buy a longer dated call, but the Theta is a killer for this product.
The theta for the longer dated WMT options is a lot better.
PLAY STOCK GME LIKE A FIDDLE
Up 60% on aapl and amzn calls...trying to decide if I should sell before aapl earnings tmrw or hold. Hmm...
And great job BTW on your 60% gain! Awesome!
Just out of curiosity....what did you decide?
Going to ride it out...just feel bullish about aapl earnings tmrw. Plus, msft earnings is later today. FAANG stocks should rise...but just my opinion and based on trend.
curious on AAPL, earnings were up, but stock is down. But not by a huge %. So did waiting hurt you a bit but you still made good money I assume?