11/13 Thread (BC):

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$BABA - any views?

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I bought more

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Small entries on uvxy at close yesterday not looking good this morning. In looking at the chart, my nov 13 calls may be done for, however still have hope for next week. Reason my entry was so small to start - good risk management. Now, I’m targeting $13 on uvxy to add more to my position. Nov vix expiry is next week as well, so may see a little more decay today to get there. It’s got a bit of a channel going this week with higher highs and higher lows too.

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Rolled out to nov 20 and cost averaged. $11 - $14Cs.

Trump scheduled to talk at 4pm Eastern.

Will this happen before 4:45?

Will he concede or not?

Puts or calls on SPY and UBXY?

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Por que no los dos? Haha. Hoping for a big move in either direction on Monday

BC... AMRN is getting beat down. I’m thinking of starting a position on it. Shares and Leaps for 2023. Probably sell some covered calls on the shares. Thoughts on this price point for entry?

They lost the appeal in the US. Thesis to stay is based vascepa’s global market.

Large spy blocks for dec options printing. 25k 335 dec puts traded above ask in two 12.5k lots. Assumption is this is a buy.

So the 300 strike was a debit spread with 290 short i believe.

Thoughts on positioning headed into the weekend? Feels like long is the preferred stance given the action in energy, finance, and industrials.

Sigh. When it works... it’s fantastic stuff.

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funny

Seems like it, VIX is getting crushed

You think Vix will stay down through Monday open?

We are at the top of the range from tuesday so my gut says fade it, this could just be an mm pin to burn premium. Why you you be buying stocks into a weekend of unknown re trump coup and corona. But honestly who knows anymore.

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Additional Posts in Option Traders & Investing

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Right time to sell my DOGE bag? Made 800% return in last 3 months. Exit strategy is hard with Cryptos especially in this bull cycle

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Sometimes you can remain solvent long enough to beat market irrationality. Not even gonna sell yet!

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Indexes kept drifting up overnight along a trend line. Futures and options expiration may have boosted us to the top of the range. We did break a micro long at the top of this range, so, a move back down the bottom of this range is possible. I am short 3135.

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BC - what are you thinking. Will the market be red tomorrow? Or another Green Day?

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When is the market going to crash? Traders seem to be ignoring everything going on right now and buying the dip.

likehelpfulfunny

Is anyone selling UWMC pre earnings? Usually movement like this before earnings, means it’ll go down after. I’m still at a loss so don’t know if I should hold until they announce it though.

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Is everyone off RH yet?

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Have a stock that is steadily trading in a very specific range, even on dump days it’s held its ground and at times has been green. Has anyone experienced this situ before? Thinking of going all in but not sure if it’s consolidating or about to dump lol

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4/16 Thread (General):

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Any 🇨🇦 know how we can buy Dogecoin?

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I’m newer to options trading so may be obvious but with free options on robinhood is there any reason not to always do a protective put on any stock you want to go long in? Am I missing something?

What's this bowl's take on Palantir?

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