"Looks like certain Republican Senators are getting cold feet with respect to the termination of Big Tech’s Section 230, a National Security and Election Integrity MUST. For years, all talk, no action. Termination must be put in Defense Bill!!!"
Whoa you got in the money calls? I thought you were buying ones just out of the money. No big deal I guess but would like to know your reasoning when deciding ITM OTM
the only reason to by in the money calls is because if the trade goes against you they devalue slower than out of the money calls - part of that reason is because when a market is setting new highs, you take on more risk holding a position where the price has never been yet. Its less risk to be at a price level that the market knows. I would be lovely to hear GM's pointers on this!
I see the strike price is $1 higher than the last trade, but you also reduced the duration by half a month. Just curious the rhyme or reason for those tweaks?
FYI
Donald J. Trump@realDonaldTrump
18 min.
"Looks like certain Republican Senators are getting cold feet with respect to the termination of Big Tech’s Section 230, a National Security and Election Integrity MUST. For years, all talk, no action. Termination must be put in Defense Bill!!!"
this is the plan to expose [R] senators that are corrupt...
you on parler Zio?
yes
me too i love it :)
they are not censoring free speech. will try to find you there.
Thanks Greg for all you do!
Looks like someone bought into this trade with a volume of 200 at 10:07am EST.
The re-entry "SPY March 19 2021 $365 calls" is going a little south.
The close and re buy doesn’t feel like the right move....
btw nice set up on the bollinger, hull, moving average stuff works nicely
civil war they keep saying...who will be the actors? Because I will not be participating...
Wait. I need to read more. What happened to the $364 calls?
I think I get what you just said. Not sure how you got gains. Perhaps it happened during my meeting.
MF. I got puts. My silly screen keeps default to puts for some reason. Fidelity trying to get me.....
I'm in
Oops. I bought the 31 MAR calls. I doubt that'll make much difference. I'm running with it.
Whoa you got in the money calls? I thought you were buying ones just out of the money. No big deal I guess but would like to know your reasoning when deciding ITM OTM
the only reason to by in the money calls is because if the trade goes against you they devalue slower than out of the money calls - part of that reason is because when a market is setting new highs, you take on more risk holding a position where the price has never been yet. Its less risk to be at a price level that the market knows. I would be lovely to hear GM's pointers on this!
but just OTM calls, generally the stock has been at that price before.
I was thinking along those lines as well. Probably paying a higher premium but less downside risk.
Thanks for comment
I see the strike price is $1 higher than the last trade, but you also reduced the duration by half a month. Just curious the rhyme or reason for those tweaks?
How do you determine the strike price?