Stock market.... What are you doing?

[rooster]

Judge ruled against the CDC, cruises are back on. NCLH and RCL still haven’t recovered. Not interested in carnival bc of the age of their fleet

 

[hoosierdoc]

Bought 2000 SENS for 3.45. sold July 16 $3.50 calls for $0.45 and puts for $0.45.

If the call is exercised, 12% profit in 23 days. if put exercised, i bought at $3.05 instead of $3.45.

 

[hoosierdoc]

That SENS straddle, up 26% on the put side from yesterday. The call i'm down 18% but remember I sold the right to buy at 3.50 for $0.45. Share price 3.70 now, so my basis would be $3.95 if My contract was executed. A 12% gain. And really since I sold puts also it would be $4.40 if I let it go to expiration.

 

[CHCRandy]

Easiest day I have had in a while. Bought SPY 423 calls yesterday at close for 1.03.....sold them this morning for $2.60. Then bought TSLA 700 calls for $3.40 and sold them less than 2 hours later for over $8! 2 trades and almost 150% on each. I only made about 3K on them trades.....but at no time did I have over 1000 invested(bet/risked). If I had went in big, I would have banked large today! But I resisted breaking my own new rule.

I have a new system I am trying....so far so good.

 

[hoosierdoc]

Very happy with SENS lately.

 

[rooster]

Market seems like it’s just looking for the edge of the cliff....

 

[hoosierdoc]

SPCE implied volatility is huge this week. Branson is going up as a space tourist. Bought 200 shares and sold a strangle for August 30p and 65c. Bought at 45.50.

Today i made $160 day trading two $40 puts for next week, expecting IV crush. Then i got nervous and closed for 30% gain today

 

[7.62]

SPCE implied volatility is huge this week. Branson is going up as a space tourist. Bought 200 shares and sold a strangle for August 30p and 65c. Bought at 45.50.

Today i made $160 day trading two $40 puts for next week, expecting IV crush. Then i got nervous and closed for 30% gain today

Yeah SPCE was making me nervous so I dumped it. I had bought in at 26.50 and sold at 50....was very happy with that....didn't want to push it to see if Branson dies this weekend. Lol

 

[hoosierdoc]

Yeah SPCE was making me nervous so I dumped it. I had bought in at 26.50 and sold at 50....was very happy with that....didn't want to push it to see if Branson dies this weekend. Lol

Nice job! Always good to double up go home

 

[BugI02]

Kevin Duffy: «The Next Bear Market Has Already Started»

The stock market is back to record-breaking levels. But for Kevin Duffy, head of hedge fund Bearing Asset Management, cracks are forming beneath the surface. The contrarian investor says why he advises increased caution and how he positions his portfolio for a downturn.

themarket.ch

 

[CHCRandy]

Yeah, might be about time to load up on SPY 400 puts for a ways out, like November. Risky, but I think market tumbles sometime between now and end of year.......but who knows, it is crazy in them hills.

 

[BugI02]

I agree with him that the top is always foamy, like the head on beer. It always seems substantial even when it is already in decline

I'll just take some more off the table and start thinking about redeploying when we get close to/under the 200 SMA. The speculative things like REMX are what get the axe. CPOAX might be played

 

[hoosierdoc]

I'm enjoying the poor man's covered calls on AMC. Spitting out $150/week minimum

 

[hoosierdoc]

I bought into ETTX the other day. has a decision by FDA looming on stage 3 trial of a new class of antibiotics that could be big

 

[DoggyDaddy]

Dow Jones tanks 800 points as doubts swirl over China's property market​

Dow Jones tanks 614 points as doubts swirl over China's Evergrande

U.S. stock markets tumbled Monday as concerns over China’s property bubble roiled global markets ahead of the Federal Reserve’s upcoming policy meeting and a debt ceiling debate in Congress.

www.foxbusiness.com

This doesn't look good. And it's down 947 now...

 

[rhamersley]

Stock market.... What are you doing?

Judge ruled against the CDC, cruises are back on. NCLH and RCL still haven’t recovered. Not interested in carnival bc of the age of their fleet

www.indianagunowners.com

Losing money, as we speak........

 

[DoggyDaddy]

Stock market.... What are you doing?

Judge ruled against the CDC, cruises are back on. NCLH and RCL still haven’t recovered. Not interested in carnival bc of the age of their fleet

www.indianagunowners.com

Losing money, as we speak........

I was just looking at silver prices and happened to look and see what the markets were doing. Yikes...

 

[Route 45]

 

[Kirk Freeman]

Just continuing on, continuing on. Call me Zhukov as I am advancing on a broad front.

Oh, the Israelis are kicking my fat bags of ADA and Tron off E-toro. How will I go on without that .003% on ADA?

 

[gregkl]

Just continuing on, continuing on. Call me Zhukov as I am advancing on a broad front.

Oh, the Israelis are kicking my fat bags of ADA and Tron off E-toro. How will I go on without that .003% on ADA?

I'm going to hang on to my ADA. Maybe they will eventually become what they are hoping to become.