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STOCK MARKET: Let's talk stocks and investing

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

  1. adoo

    adoo Member

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    1 week after an ok earnings, the euphoria over this news has pushed the price up, but on declining volume.



    AMD options are still expensive; when AMD was trading ~~101, sold a 5-pt bearish CALL spread, using 9 Sep expiration

    [​IMG]

    +104 CALL, -99 CALL, for a credit of $2.35.
    willing to assume max risk of $2.65 to win max profit of $2.35

    my bet is that AMD will be trading below 99 on expiration
     
    #18841 adoo, Aug 8, 2022
    Last edited: Aug 8, 2022
  2. adoo

    adoo Member

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    AMD went X-Div on 8 Aug,
    [​IMG]

    decided to doubling down, sold another 5-pt spread, same strikes/same expiration; was able to collect $2.4 premium in advance.
     
    Invisible Fan likes this.
  3. adoo

    adoo Member

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    in addition, yesterday's doji suggests a change in direction; today's large red candles confirms that
    [​IMG]
    decided to triple down on AMD, sold another 5-pt bearish CALL spread; same strikes and same expiration. was able to collect $1.9 premium in advance
     
    saitou likes this.
  4. Sajan

    Sajan Member

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  5. Ziggy

    Ziggy SPECIAL MASTER
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    He'll get to it right after he's done buying Twitter. Good job @tinman - yeehaw @ CONman.

    [​IMG]
     
  6. Sajan

    Sajan Member

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    He is too busy repopulating earth because NOT ENOUGH KIDS.
     
  7. Ziggy

    Ziggy SPECIAL MASTER
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    I'm sure @tinman would like to get impregnated. Maybe Elon will devise a way for men to get pregnant while he's building transport tubes and brain implants. But until then y'all Elon fans will have to settle for just giving him fellatio. Lulzzzzzzzz. Good luck, suckers.
     
    Andre0087, Invisible Fan and Sajan like this.
  8. adoo

    adoo Member

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    trading action for XLV has been rising steadily since mid-Jun.

    over the past 15 trading days, after a 12 point pop from the recent bottom, it has been consolidating just above the 200 dma, catching its breath. it is rapidly approaching a golden cross,
    where the rising 20 dma crosses above the 200 dma.

    the confluence of positive technical indicators has prompted me to sell another 5 pt bullish put spreading collecting $2.3
     
    CCity Zero likes this.
  9. adoo

    adoo Member

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    XLV's trading action has broken thru the 200 DMA; it is officially in golden cross territory.

    sold another 5--pt bullish PUT spread---collecting $2 premium in advance---to partially offset the cost of an 10-pt (in-the-money) bullish CALL spread
     
  10. Ziggy

    Ziggy SPECIAL MASTER
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    Michael Burry betting against humanity in general, lulzzzz.

     
  11. peleincubus

    peleincubus Member

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    Ive been holding this forever. Going to be an interesting day tomorrow.
     
    saitou and CCity Zero like this.
  12. CCity Zero

    CCity Zero Member

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    Lol, I kept passing on bbby, So didn't let chance on WEBR calls pass this time, if it continues to get a bbby type squeeze it'll be even nicer for me, I don't have much on it atm.

    On bbby though.... I even had it ready to go but kept holding back... Had eye on $0.10-0.15 c's @20 8/19 and kept getting distracted or figuring I missed it at $1.40 and wanting to wait to catch it, of course it hits about $9.00
     
  13. Sajan

    Sajan Member

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    Bear market rally cancelled. get your puts ready.
     
  14. Ziggy

    Ziggy SPECIAL MASTER
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    My SQQQ BEEN HAD been on DECK. I'm only 21% down on it right now too. GOOD LUCK, SUCKERS
     
    Sajan likes this.
  15. Invisible Fan

    Invisible Fan Contributing Member
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    September don't look good.

    The issue is that October during mid-term elections usually spark rallies with increased volatility, but if you're pessimistic and like tracking doom years, Octobers are as risky as Septembers.

    Then there's the iphone rollout in a few weeks. Seems like where Apple goes, everything else follows.
     
  16. Dr of Dunk

    Dr of Dunk Clutch Crew

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    The only person on the planet holding a leveraged ETF for weeks. lol. :D
     
    Sajan likes this.
  17. Ziggy

    Ziggy SPECIAL MASTER
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    You don't have to get out of it, you can just buy more and more when it's down too. Like me. Lulz.
     
  18. Sajan

    Sajan Member

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    SPY gaps down....
    Wallstreet got retail to buy the rally...now the rug pull.
     
    Invisible Fan likes this.
  19. Dream Sequence

    Dream Sequence Contributing Member

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    Can someone tell the folks that sold in May and went away to come back? thanks.
     
    Sajan likes this.
  20. Ziggy

    Ziggy SPECIAL MASTER
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    Only down 13% on SQQQ now, SUCKERRSSSS
     
    Beezy likes this.

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