Buy with all hands. ER coming and huge debt restructure happened today. Good volume. This is $30 stock but being resonable and targeting 11-12 near term
make me rich pls...
May pullback in the near-term, but with record short interest as long as above 1.87 looks good for a squeeze in coming month or two
... for a .48 credit and selling the June 19th 23 call against for .32. Scratch at 9.20; delta/theta 146.51/.93. Notes: Was hoping to get a bounce such that the 21P was out of the money, but am going to roll out here and then continue to reduce net delta/cost basis over time ... .
Strong support at 85c. Any price here would be good for long term
Tomorrow morning I will buy QQQ PUT Today's trade: XLE XOP GILD UNG
Next week, focus on trading XOP or OXY or XOM GILD CGC XOP
Huge chances to go up from here.
I dont see oil going above 65 unless some major event happens. If crosses 67 then its a breakout and oil can goto 100 as well. But who the F care so much. Play for next 3-5 months only.
Loses 50.51-51.00 support area and recession closer than many think
EARNINGS: TWTR (66/54) announces earnings on Thursday before market open, so look to put on a play in the waning hours of Wednesday's New York session to take advantage of post-announcement volatility crush. Pictured here is a 16 delta short strangle in the March cycle with -2.88/2.95 delta/theta metrics and break evens wide of the expected move paying...
No harmonic pattern, Trendline approach, Oversold.
... for a .05 debit. Notes: Scratch at 8.45. Will look at rolling out the 21P, 31P next week and then re-upping short calls to cut net delta and reduce cost basis further. Alternatively, I can just wait and see what happens running into expiry, with the most likely outcome that I get assigned on at least the 31 and possibly on both the 21 and 31, with the...
this has ruined so many ppls life including me. It needs some reversal now
... for a .09 debit; scratch at 8.50. Notes: Not much value left in these, so taking them off. Waiting for a little while longer on the 24 shortie.
today's trade is not good, but still can make money. Next week, will do QQQ PUT and IWM CALL. QQQ XOP GDX
... for a .05 debit. Notes: Here, just stripping off some approaching worthless short call. Because my scratch here is 8.59, I'm not going to do a ton further with it running into March expiry, except to strip off "approaching worthless" options. This is because the most likely scenario is assignment on the 31 short put, where my cost basis is 31 minus 8.59 or...
... for a .43 credit. Scratch at 9.08. Notes: A delta under hedge as this whips back "the other way." Still slightly net delta long.