Option Traders & Investing

Re-entry on X (US Steel) if you haven’t already 1/24 or 2/7

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works at

Bottom wouldve been 10.38, if it broke that could go lower but it didn’t so, only up from here fam

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Heres my position

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This is X were talking. He killed it last time

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So what’s the sell target ? Are we waiting for 11$

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Im iffy on this, the tiny bit of upward momentum fizzled out pretty fast it seems

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.48 - down 20% - add more?

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Any idea on a bottom from a TA viewpoint X?

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If we see 10.75 on a reversal by friday i make 60% on this lmao, lets goooo

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In 2/7- $11 call

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What price did you go for?

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Thanks for the heads up

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Selling some if we see 10.80 since ive got a bunch of varying expiries, not sure about where we think this could land in a week or 2 though

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I expect it to break past 10.70s tomorrow

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Bought some 10.5 calls for 2/14! I believe in you OP!

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Would love to see us break 10.70 today, finger crossed 🤞

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https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/implied-volatility-surging-u-steel-141802093.html

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Doesn’t the last paragraph conflict with ur prediction? “Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.”

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I hope tomorrow is a better day. Because I’m getting killed right now

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Grr

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*Grrrreat start

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