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Well hello big guy.
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RIP TO MGM CALLS
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Enthusiast
Wow futures are exploding!
Coach
Last vaccine update on Sunday resulted in a massive sell off Monday. Who knows this time around
Mentor
We could see a sell off from algoa to create most pain. I see retail jumping in to buy this news. That could drive it up even higher or cause a green to red. Will see how Asia reacts first.
$87 call at 0.99 for MRNA- thoughts ??
Enthusiast
Do you have it already? If not its not gonna be 0.99 when it opens lol
I have AAL calls but also holding UVXY so will be a wash day unless we see another green UVXY and Market day tomorrow (unlikely)
Enthusiast
Congrats on AAL calls. I had some delta ones that are so red so just hoping for 50% loss
Real question is: does this create an opportunity to buy some UVXY calls when earnings continue to disappoint, markets realize no vaccine is perfect, and some states follow California?
Kinda yes. But I never gave intentions of buying in the first place :). I normally wait until the stock tanks atleast 10% before I buy the puts. Because it's leveraged, so it just takes little push by the Feds to go back up
Keep shorting suckers and saying “I don’t understand this market”. Fricking trend lines, Fibonacci TA BS
This is exactly right need a place for cash because banks are giving such low interest.
Although it sort of gives credence to the greater fool theory buying hoping someone is foolish enough to buy higher and yet perhaps the greatest fools of all are those expecting a crash and reality to set in.
Futures didn't respond much. We will see how we trade in Asia tonight off this short level.
Tell that to my balls getting squeezed between a vaccine pump table vice.
Mentor
Market reacts everytime like vaccines for COVID-19, 20, 21,..., 99 have been found
Enthusiast
What’s the peak you think this will touch? 🙈
Coach
Im going to end this run up by buying a call tomorrow. C on Boeing.
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