No raising rates til 2023. FOMC bullish af. Don't buy puts.
No raising rates til 2023. FOMC bullish af. Don't buy puts.
Good short term bullish support with resistance around $33.
Before the moon trip, RKT was range bound very well, easily predictable, and had decent premiums for very consistent oscillations. Now it seems back to that range, but slightly higher, with premiums even juicer. Wheeling RKT has an asymmetrical risk where assignment gives you a company that had stellar earnings, a dividend, and a juicy meme factor. Selling CSPs...
BBBY 30c 3/19, PT near $33 before 3/19, $31 calls ain't bad either. $35 is pushing it. Bullish trend channel, good oscillations. Already up 50%, might buy some higher strikes just to squeeze out a little more premium.
Broke bearish trends across the board, and this dip would've been a dope ass dip to buy. Leaps are up over 20%, each day all the stocks on my tech and meme watch list went up on average 10%. The Stimmy is passed too. SPY $420 4/16 is no longer a meme. Yet, the US10Y rebounded off support. Is tech Fuk? But, somethings are worrying me. If you zoom the fuck out of...
See my related ideas. Tech is fuk? Not necessarily, I drew multiple lines of support in case shit hits the fan on today's bond auction, but inflation is coming in lower than expected. This is really good for the market, but yields are still rising. If QQQ does reach $300 again, I'll most likely be buying the fuck out of this because similar to September, the...
I was wrong! the red trendline is what I thought initially was the support trendline. After charting up ARKK, it seems that the lines extending from July would've been better to estimate a bottom. I still regret not selling my leaps on the first initial dead cat bounce and escaping my 70c 1/21/2022 for only a $90 loss. I sold for break even on my 60c 4/16 but for...
1. Strong downward bear trend across the board due to rising treasury yields. 2. ARKK is tech heavy. 3. ARKK has weeklies with high IV. 4. Treasury Bond Auction tomorrow at 1PM EST. 5. Strong rebound off $106, $106 being the bottom of a long bullish trendline since July. 6. $122-$124 may be short term bearish resistance. 7. All the short term indicators say that...
Current move is a SPY 390c which I plan to close out before Monday EOD. If SPY hits $387-$398, ima short the fuck out of it like last time. Lots of macro stuff going on. All the time frames 2hr and up indicate that Friday's rally has not topped out yet. The yellow line in the middle is a rough territory. If SPY comes bouncing off the lower trend line and breaks...
When in doubt, zoom out. You'll see that AAPL had the RSI touch 30 on the daily view on March 5th. It's very possible that was the bottom, but I think the Friday rally was a dead cat bounce. Stimmy is good, Monday might be green, but I don't think we're out of the woods yet. I just really want to enter AAPL around $115-$120, establish a PMCC maybe for 2022 or...
Credit goes to u/AllDatDalton for bringing this under my radar, he's got a Twitter somewhere I think. There is what seems to be bullish UOA. A reminder that options volume can always be institutions hedging, positions rolling, or just overall sentiment. But it can be sometimes insiders and Whales making a big bet. Currently, the market looks rather bearish even...
I caught the bull trap earlier this week and was able to sell a $59.92C 4/16 for $5 profit, so fucking glad I did that...but my 70c 1/21/22 on the other hand... I had a chance to sell for a 10% loss but for some goddamn reason, I didn't fathom saving myself like my 4/16 call. 40% down on a leap, I'm gonna fucking average down. I'd really rather have that extra...
Ya boy just got approved for same day expiration options. Debating if I only want to play when SPY touches my yellow trend lines. Playing in the middle is no man's land. Sold 393/394c 3/3 debating on selling the 390/391c 3/5, will check back on Thursday. I ain't no gay bear tho, $375 would be the perfect time to get in before SPY breaks $400 in the summer....
Sold an ITM call at the previous breakout, sitting on over $100 profit at 60%, looking to close this trade asap and buy calls for the merger potential and oversold aspect.
Previously closed my 26/25p 3/5 for a 50% loss real quick when it went against me the same day. This is a Cali fire sale holy fuck. At least leaps will be cheeaappp
Alootttaaa stocks are now trending down for some time. Who knows how long this will keep up for. Is this the end of the party for now? Buy PLUG 40p 3/5 Sell PLUG 52/53c 3/25
Lovely selloff after earnings. IV is fucking LOW. Looking to buy me some dirt cheap options several months out. Bullish reversal signals on the MACD and TTM on the 4hr time frame. WMT has not been this oversold on the RSI since the March crash, nearly a full year ago. Don't know if $128 & $133 will act as strong supports or not.