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Pros and cons to CMAAS vs FDD?
Come on Bears we need a win!
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This guy is legit 😂

It’s a revolution

Re: GME
Now don't crash the market, you apes

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Bowl Leader
On the JWN play all. Yes their sales disappointed but keep in mind they usually has a slower Q2 in advance of their anniversary sale which is occurring now. Haven’t listened to the guidance yet but they usually speak to how the sale is going. I’d expect Q3 earnings to be a positive surprise with the anniversary and expectations will likely be lower based on Q2 drop. Personally think the stock performed well after hours.
Bowl Leader
Remember the play was to sell JWN puts or go long shares and sell covered calls, so likely you’re getting assigned on puts but still in a profitable/breakeven position given premium collected
Mentor
What’s a good entry price? Think it will get down closer to $10 during Q3?
Bowl Leader
I don’t think so. $12.25-12.5 maybe. I don’t think it breaks March low unless covid situation worsens and consumer positions severely weaken.
Thoughts on NIO calls?
Mentor
It’s too late to make big money... but you might a FOMO consolation prize. Anyone know why China tech is skyrocketing?
What plays you eyeing for this week, next week?
Bowl Leader
Vix futures and uvxy mid/late next week