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Too real for Tuesday
Did anyone watch Candice Owen’s 18 minute rant?
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Yi haww 🏇🚀
9/15 Thread (BC):
Just got nokia this morning...
9/9 Thread (General):
ORMP is a no brainer right now
Any wayfair plays? It’s back up to the $190 mark
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Just remember you have to be willing to lose 100% of what you invest for the possibility of a greater return. Stocks are still a safer bet, but high returns will not be as quick. I almost bought the same calls myself but got burned by TSLA last month, so I’ve been avoiding the stock. Although Musks antics make for an easy short. It could retest $240 level.
In response to you above, you be also gotta be willing to take your earnings and run, vs. Waiting for that big kill. :)
Also, TSLA is going down right now, but yet the $285 puts are increasing. Thought they'd go down again.
Moves in relation to the stock and occasionally can depend on recent volatility. Calls went down in value, puts went up in value today based on the price moment.
So in theory, calls yesterday at the open were great - locking in gains, and then buying puts would have capitalized on today’s decline too.
Great moves for stocks in a wide trading range. It’s the extended breakouts (AMD) that can kill you if you’re on the wrong side of those. 🙄 I won’t buy the hype on this because the forward P/E multiple is way too high. They won’t pickup market share from Intel as fast as what’s being priced in.