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STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. saitou

    saitou J Only Fan

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  2. adoo

    adoo Member

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    here's how the pros' from investopedia explain it.

    After five months of consolidating, w ERS coming on next Tue AMC, NFLX is poised for a breakout​

    [​IMG]

    The resistance level has been tested three times, making it a key level to watch. It has also been around for five months now..
    this wedge pattern will pave the way for a quick move of 25%, which is the height of the pattern,
    added to a breakout point of ~ 540, giving it a $685 price target.

    my 2 cents, NFLX is trading ~ $508

    w such high stock price, this is a candidate for a bullish PUT spread, effectively a synthetic CALL on the size of the spread
    constructed a 10-point bullish PUT spread using 29 Jan 2021 contracts.

    BUY a lower strike PUT
    SELL a higher strike PUT, 10-pt higher

    collecting a premium ~ $5.1 in advance, defining my max risk to be $4.9.
    as a point of reference, the bid price on the 540 CALL, ~ $33 OTM, is ~ $84

    according to the Greeks, NFLX has a 90+ % of closing above my short leg on expiration​
     
    #13402 adoo, Jan 14, 2021
    Last edited: Jan 14, 2021
  3. Sajan

    Sajan Member

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    Starting a position immediately after an offering has worked out for me in the past. Time to go into NNDM?
     
  4. Dream Sequence

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    Picked up Fortress but NGAB is already up to much for me to jump in. Picked up HIG yesterday as well given the price.

    IPOF is up almost 7% today - I thought maybe they found something but looks like folks just can't get enough. At this point, IPOG will probably be at a massive premium from day 1. I think the same happened with IPOD/E/F, which is why I jumped on E/F (they had lower premiums while folks crammed into D)
     
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  5. Rodman23

    Rodman23 .GIF

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    GOGO first PT hit. FTEK got stopped out for small profit
     
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  6. saitou

    saitou J Only Fan

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    not bad. i'm still holding sesn calls lol. time to close? i can break even today. check with your contacts pls :D
     
  7. saitou

    saitou J Only Fan

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    i think so. i only bought a bit. not a conviction buy for me, just going off past pattern of companies that can seemingly keep doing stock offerings and price immediately recovers - shows there's a lot of market confidence, and the company can keep spending on r&d / manufacturing to scale. Sound familiar?
     
  8. adoo

    adoo Member

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    because of this 12 Jan news item.


    i had anticipated a dilutive effect on the stock price in the near term. it's been the opposite, w heavy volume, such that the lagging indicator, Parabolic SAR,
    has confirmed a change in direction. it's goin up

    sold a Feb 19 10-pt bullish PUT spread
     
    #13408 adoo, Jan 14, 2021
    Last edited: Jan 14, 2021
    Rodman23 and saitou like this.
  9. CCity Zero

    CCity Zero Member

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    NOK finally moved 5%, with more 5g gov contracts it'll at least top at 6%. Just absolutely amazing!!
     
  10. Rodman23

    Rodman23 .GIF

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    That stock is likely being manipulated/kept down and will likely run up eventually. Saw it happen with another one I was in, QD. It hovered between 1.20-1.35 for months but could never break 1.40. Then of course it explodes last week two days after I’ve sold my 20 contracts. I would personally get out if I were you, times not on your side
     
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  11. Rodman23

    Rodman23 .GIF

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  12. saitou

    saitou J Only Fan

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    everything's popping all at once, probably a lot of ath today hehehehe
     
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  13. CCity Zero

    CCity Zero Member

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    I still can't believe Signal stock - the very wrong ticker mistake is being moved... SIGL went 60 cents to like $65 and is now still moving after its harsh correction. I mean it's not even close to its original range.

    Even days after this - it's still seeing action.. I wish Elon had a subscription service on what companies (even Tesla) he will tweet about, even a couple of minutes ahead would work..

     
  14. Rodman23

    Rodman23 .GIF

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    Wish that were the case for solo :( down on it lol
     
  15. saitou

    saitou J Only Fan

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    Any O&G experts here? Views on $Tell?

    https://www.spglobal.com/platts/en/...opean-utilities-to-lift-driftwood-lng-in-2021

    JKM Price is now at $18.50
    https://www.barchart.com/futures/quotes/JKMG21/overview

    Run up seems to be due to LNG price and anticipation of a deal. I know nuts about this industry tho.
    [​IMG]
     
    #13415 saitou, Jan 14, 2021
    Last edited: Jan 14, 2021
  16. CCity Zero

    CCity Zero Member

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    Hopefully you didn't forget about it like I did... I was a little impatient, and.... Let's just say missed any real profit. I was trading it when it was around a dollar in May, and exited before even the 1st real climb. It wasn't some huge position but it would have been a nice payday.
     
  17. Cokebabies

    Cokebabies Member

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    Thanks for the note on HIGA. I put a bet on it too given the price and also I like their management team profile. Even though they haven't stated an industry target, I feel healthcare/biotech/pharma is a high probability bet given their manager's expertise, which is good for my diversification which is so overweighted in tech.
     
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  18. Ziggy

    Ziggy QUEEN ANON

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    Yep, I'll get more. Waiting to see if it drops more.

    Still waiting on CRM and MSFT to do something.

    So much inflated money in this market that fake digital currency and SPACE stocks are popping off, lulz. Riding this bubble to the moon.
     
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  19. Rodman23

    Rodman23 .GIF

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    Damn yea I at least rode the pop from 3 to 7 but got out before that 52wk high smh . I know it’s sucks thinking about that big payday lol. Now I’m in long till April
     
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  20. saitou

    saitou J Only Fan

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    are the $600 checks in yet? wish i was American and my gov gave me $ to earn more $ in the stock market.

    is this the checks entering the market, or is there still more fuel to come??
     
    #13420 saitou, Jan 14, 2021
    Last edited: Jan 14, 2021

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