... and closing August 20th 20 Short Call and opening September 2x 20 Short Calls.
Notes: This is a trade that started out as a call ratio where I bought 2 x the 15's calls and sold a 20 call in the August 20th expiry, after which it promptly moved toward 15.
I'm inclined to think that it will need more time to work out, so exercised the long calls today to...
Some price levels I am looking at with a long bias - SoFi is hold for me
Feel free to start a thread and or discussion in the comments - I’m open to ideas
Financial Technology (FinTech) is revolutionizing the way we transact in our daily lives. The days of paying in cash are far and few between. Say goodbye to those pesky coins. Regardless of blockchain disruption, the future of finance will for certain be digital. So how do you play this industry? You can go through high flyers like Paypal (PYPL) or Square(SQ) but...
Hello fellow traders and investors Sofi has recently been experiencing a pullback and looks like we're headed to test the support area marked on the chart. I am expecting a reversal after testing that area since we can see that it is a strong level of demand and selling volume is getting exhausted. it offers an 18% ROI to the 1st TP and a 65% ROI to the 2nd...
We might be ready to shoot up soon. If this analysis is correct then we are inside the third wave. Third wave is the most explosive and bullish wave. We must find support here between the 0.5 and 0.618, IF support is found, get ready for a great move!
I expect this stock to keep plummeting to find support and once that happens it will rebound. I expect another 10%+ run down till all shorts are exhausted. Currently highly shorted. Watch out for volatility.
This is where you need to be buying, buying and buying on the way down. The further it goes, the happier you should be because the more you can buy. This is not financial advice.
Here, looking to potentially get into this underlying on weakness with a high long delta setup while not spending a lot of buying power doing it.
Unfortunately, the strikes aren't as granular as I'd like with my general standard setup for these being (a) buying 2 x 75 delta; and (b) selling a 1 x 50 delta, resulting in a net delta long metric of around 100 so...
Get ready to catch the knife, start buying, and buy more as it goes lower, it will not be staying down for long IMO, below visible range VPOC, hitting the bottom of the bollinger bands, large sell volume recently, seems to be losing steam from the recent unlock that allowed early investors a chance to take their profit, and probably shook out some weak hands along...
SOFI had a share Lockup period expire on Monday, which had been sending shares lower (in the premarket especially) recently, creating a $1 gap in the chart (from ~$19.80 - 20.80). I am expecting this gap to be filled in the coming weeks, as the lockup period ending can now give way for the positive catalyst of a Pending Bank Charter Approval Decision, which is...
