9/8 Thread (General):

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Finally bit the bullet on some earnings options plays today with real money...COUP and LULU

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Coupa was a great trade for me. It’s under where I sold it so watching closely now.

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Hope everyone had a relaxing Labor Day Weekend!

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Well let’s see how this Tuesday opens and I’ll let you know😅🤣

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NKLA managed to scam someone...

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Looks like today is theta gang day...

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Dow up. Tech lagging. Could be potential sector rotation for a few days. Be careful out there

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So...bubble is done bursting and back to tech calls got it! Crisis averted 😂

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Tesla - if it breaks below 50 period SMA on the daily at 330, the next big target I see is the gap from 8/11 at 287, which also coincides with its most recent breakout area. It won't be a stright shot there as there is still room to fall, but if there is another strong down day then I think that is where it will go to.

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LOD was 20 cents shy of the SMA. Close but no cigar. Closed slightly higher tho

Something else interesting to note - VIX declined into EOD even as the selloff picked up speed. So maybe a reverse indicator of last week.

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The sell off was a slow decline. My ROKU puts took forever to print.

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Intc, qcom, sbux

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Why is everyone so bullish on Qcom? Doesn’t the China news pose plenty of risks? Or is it all just riding the 5G hype?

Thoughts on LEAPs on DBO? Oil feels oversold

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BA covered calls seem like the way forward since they seem to be unable to break past 175.

I got stuck with 100 shares selling puts at 170. I probably should have been more conservative with my strikes.

On 9/4, I opened a short Sept 8 3280 spx put / long Sept 11 3300 spx put. Basically a diagonal debit spread.
- If market goes up, I will close the short position for a profit and open another short put position expiring Sept 9. Idea is to sell premium until I cover the long position.
- if market tanks, I will close short position for a loss, and let the long position ride...

I usually only do spx put verticals. Collecting premium if market goes up. Closing the short position and letting the long position ride if it goes down.

Thoughts?

Covered calls on VZ got blown up because I guess it’s the only stock to not drop. I might just roll this out to 2021

Yeah. I often skip dividend and earnings weeks. I do weeklies so it’s a bit of admin but OK returns.

Thanks for comparing notes!

Financials looking weak - broke out of the upward wedge, will see where it closes on the daily. A close below 24.29 could spell significant trouble.

Related Posts

Here’s a cheerful one to end your week:

Was told last week my freelance gig was ending today.

Contacted my network of gatekeepers and one wrote to me on Sunday.

(Contd)

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Hi Fishes,

I am looking for a Job opportunity. I would like to know if anyone can help me to forward my resume or connect me to the concerned person.

I can send my resume if there is any ongoing recruitment or any vacant position in your organization. It would be great if you could refer to my resume.

Skill- Selenium with Java, Cucumber, TestNG, Maven, Git, Jenkins, SQL.

YOE - 2.3 years

NP - 60 days

Thanks In Advance!

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I'm fairly new to the industry and I'm having a hard time getting comfortable during showings. I get nervous and stumble over my words. Advice for how to get more comfortable and confident?

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Hi,

I am currently interviewing for Sr. Product Owner role at Maersk which is ideally Level 5 role. However, during the interview I was suggested a Level 4 role due to less number of years of experience. Can anybody suggest

What is going to be position/title for Level 4 Product Management.
Also, what salary bracket does Level 4 fall into?

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What month is promotion month at different firms?

Hi Nagarrians,

Can someone tell difference in Technical Specialist, Staff Engineer , Principal Engineer and Associate architect experience wise and seniority wise? Not able to get clarity as have seen people with same experience having one of these designations.

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Before you launch your product or service, you need to already have established your brand. Purchase the $27 webinar (discounted from $99) from Desiree @glam_scientist. I have had several business fail because I didn’t do what she recommends. Now I’m starting over and following what she says. We also hired a brand/marketing strategist. If you get the branding and marketing right, you will sell your products and services.

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Currently looking for Tech consulting/ Implementation consultant/ privacy roles in London. I have both CIPP/E and CIPM.
Please let me know if you know any roles that are available? Or any recruitment agencies you can refer me to

Thank you!

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McKinsey & Company Boston Consulting Group McKinsey & Company What’s the culture like at your respective Pittsburgh offices? Which practices are the strongest? Which practices do you see expanding/growing in the next 5-10 years?

Yinzer looking to make their way back home after a couple of years. Thanks!

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What's the annual salary of a traveling sterile processing supervisor

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Can somebody refer me to Siemens for procurement roles?

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After two interviews are cleared and submitting the documents to HCL , HR are telling that hiring is freezed.
Anybody has same experience with HCL?

Hi folks! Starting my cloud journey this year. Looking to get certified ACP by Feb end and starting my study now.

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8 year android. current 16 ctc.
ibm offer 7b and 20. is it low? can i negotiate without counter offer?

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How much to expect for a B3 and C1 band?

I am interviewing for nCino as a entry level Support Engineer. They ask for 2 years experience in the financial services industry and knowledge of Salesforce. I have over 1 year experience in the financial industry and 2 years working with Salesforce. I live in Louisiana and it's Remote. What salary should I be aiming for? Total compensation also if you can! What do other Support Engineer get paid

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Does anyone work in deloittes life science business unit? I am interviewing but haven’t heard much about the interview process. I was just scheduled for a 30 minute phone call with the principal. I am looking for any tips or suggestions to prepare.

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I have joined Nagarro almost a year now as a senior architect. However, I see lot of issues here. The company is great so far as employee friendliness is concerned. It may be rated as the top most company in that regard and that is why attrition is well within control. However, there are issues:

1. Project Allocation - allocated to projects without fitment with the role or skills. No internal job portal

2. Lots of seniors in bench for long time

3. No way to give company feedback

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How is Tiger Analytics for Senior Architect position in Data space ? 2 rounds completed .. Still final discussion pending.

Currently in TCS and not getting motivated.

Tiger Analytics

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Additional Posts in Option Traders & Investing

In your opinion, what’s the best hedge / best buy against rising interest rates?

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Does enjoying investing your own personal capital translate to enjoying working in investment management?

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Watch out for $SDGR - Bill Gates backed recent IPO- potential next meme stock . No options yet.

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Short term plays for me. Pick it apart.

IDN - Following Anthony’s advice
MARA - Rallying all week with Bitcoin
TLRY - Still rallying from upbeat sentiment
PLTR - IBM news will weigh in fully by EOW
RDFN - Earnings
CHGG - Earnings
EXPE - Earnings

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Love that in true form I chose the 1 red meme stock. 😂💎💎💎

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@BC what do you think about SHOP puts?

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What’s the expected impact of the PLTR downgrade by MorganStanley? I want to get in right around $23 but may grab some before it possibly gets there for a long position.

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Thoughts on gme

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Anyone taking profits from UVXY and VXX or still holding?

Anyone still holding up those stocks? Chances of regaining the momentum in the near future?

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Thoughts on GILD for a medium term hold?

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3/23 Thread (General):

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I’m seeing lots of posts about really bad losses. If you trade you’re going to lose money - hopefully not all the time, but many positions will be mistakes. But you need a process to find ideas and manage positions. Two books you should read are “The New Trading for a Livinng” and “The Laws of Trading.” Both look at psychology, process, and risk in different ways that can help you work out your own process. The next 18 months will be much harder than the last 18 - time to start learning.

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Put option on Amyris?

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Highly Technical Market Sell-Off - Though, it has picked up over lunch and I suspect that short term turn is in near. Old floortrader told me once, never trust a market that is making new session highs or lows during lunch. That's not normal. This might not be a normal day; but we do need to rebound to get another opportunity into the short trend. So, count on it. The last draw is more suspect as it hasn't been proven to exist yet. So, we will see how we look when we trade 9855.75 on NQ.

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Looking at energy plays that aren’t already sprung out Plug. What are everyone’s thoughts on LAC?

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Thoughts on $XPEV?

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Thoughts on SQ considering the CEO cashed in?

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Has anyone ever been locked out of trading on RH? Was wondering if anyone has been restricted/how long it took to get it resolved.

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Diamond hands please don’t slap me— thoughts on selling puts for GME and AMC? Volatility is so high maybe even a mid March one would be worth it? What about opening put positions for Apr/May?

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