I'll just say yes. Up 45% since I posted lol. Edit: 70% now. Should have bought calls instead of shares for more leverage!
Grandpa buyden stimulus - which company to buy? Any good elearning enabling small caps? Or everything into zoom?
Damn nice.... Why didn't I buy the calls.. I Seriously had them to order and changed direction. I'm on a hotstreak!!! With my luck it'd have reversed before I could move the contracts. Glad you're making the monies though!
looks like MACD is curling up on the daily chart? possible run coming? thinking about adding some for a swing.
Yeah!! If I get some money... - I'm going to lotto the whole thing and do a reverse mortgage, Biden can bail me out later. Lol, not serious.
It's probably worth a shot, I was looking at options earlier but they're still pretty priced in and hot from the last insane run. I am thinking of just buying and even holding some, there's gotta be a jump on the horizon for this. Obviously I could be wrong too... I've just been watching it ever since I sold way early.
the charts looks good. from late Oct to Mid-Dec, FUBO had risen ~56; then came the gravity-like fall to 23. found support ~ the 50 dma line, 25/26, then bounced off it it is basing near the 20 dma line, which is also 50% retracement. MACD is about to cross-over zero my 2 cents. i expect a bounce off the 20 dma, w a near-term target of 40, which is ~32% retracement the implied volatility is uber expensive, the options premium is trading ~ 173% above the theoretical value, vs. 85% for TSLA so, i sold the expensive options, 30/35 Bullish PUT spread
See Adoos post he explains it very well. Like he said I expect it to run to 40 short term, so if you swing I’d recommend a contract mid February somewhat close to the money. That is if calls are your strategy. Macd looks good yea and rsi is healthy. I personally took it a few days ago after it crossed the gap fill, 32.4. Rode it to 35 then took profit. I will look to renter tomorrow depending on market conditions. It might have found support at that 32 level
I wonder how much longer this small cap party has. SPACs seem like they are here to stay and will be a SPAC pickers market depending on quality of the target and the management.
Yeah, the premium from the IV was wild. I think your put spread is a very nice plan. I should work on spreads eventually... I mean I know we discussed spreads before in pretty good detail I just don't want my experience to be a silly one.
Very nice, and thanks for the suggestion on it too.. I know you were asking davidio - but I immediately started looking at options - I was planning to update you, I probably should have just bought stock. Regardless that's a nice return!
What is SPAC? I see it mentioned repeatedly on a couple of websites. I done goofed with Nio. Has been going down repeatedly ever since I bought! Should've just bought more ARKK! Can someone explain to me why this just seems to keep growing? Who is Cathie Wood? Everywhere I read I'm seeing her name and people suggesting ARKK/G is amazing (I made the first mistake of investing in something I don't understand with ARKK)
https://www.investopedia.com/terms/s/spac.asp I would also like to know more about ARKK. I assume the ARKX brand will be sold under the same stock name? I have no idea who Cathie Wood is.
