About meReal Life Trading is a refreshing and mentally delicious company that is changing the industry standard on stock market trading and education! We are a community of innovating, inspiring, positive and driven people just like yourself!
Looks like I'm expecting a tad more sidewaysness on SQ. I LOVE this company long term, but with good 'ol Jack D selling tons of his shares, he has investors scared.
Short term (next month or so) I WOULD love to see SQ pull into low $60's. Otherwise, just hold on and be 'paytent' .
Buy low, sell high, get paid to be 'paytient right? 3 contracts makes sense
The $19 long put expired ITM this past Thursday from the attached put sale. Overall, SMALL WIN on the position, let's try it again :)
Here's WHAT I THINK happens on TSLA.
Earnings are around the corner. But looking at the chart, it would make ALL KINDS OF SENSE for TSLA to break into $240 (over earnings potentially) on a gap down, SCARE EVERYONE, all stops get hit, people wig out, sell shares, buy puts and then she bounces... ;-)
Let's see if that occurs. If that does happen, I will consider...
Some 'alternative harvesting' stocks are making some nice moves today.
I really wouldn't be scared owning CRON at $11.
There is ALSO bull put spread premium down here. One could get .11 for a 12 / 11 bull put spread for 5 /31 expiration. Bullish to neutral on this one.
This trend is getting LOW.... 'trying' to 'time' the bottom down here, no question. BUT,
I don't believe X will go bankrupt anytime soon.
Getting just 200 shares wouldn't cost that much.
And it would be a decent buy low, sell high location. :-)
I'll be watching for a LONG on TEAM. Bullish fade tomorrow off of the 100 SMA (we will see)
Others could consider some put sales as well $80 and below June and farther (if you want)
NICE gap down SO far post earnings , pre market