Ole Fart Reality Room

[Mikey]

picked up a lil ARCS yesterday on the pullback at .016 avg.....so far so good!

[Ole Broke Azz]

Federal Marijuana Legalization Bill Will Get A Congressional Vote Next Week

[food4thought]

OGI. Been on my watch. Good times. EV sector is nuts but seems inflated so Ive been missing out

[Ole Broke Azz]

grabbed a few SQQQ 19.00 calls for hopefully a quick sell tomorrow morning

the $NDX seems a bit toppy

[Ole Broke Azz]

oh, and I bought a bunch of OGI last week at 1.09

[Ole Broke Azz]

I have been holding core positions of APHA, CRON, TLRY for what seems like forever.

The only good thing is from day one I have been selling out of the money calls on all three so it wasn't just dead money

have ACB and CGC as well but bought both of them recently

I have a couple of airline stocks AAL and DAL

finally unloaded my IDEX yesterday for gains and wouldn't you

know..........

looking at some SQQQ call options right now but haven't pulled the trigger

[food4thought]

Some people have all the luck!

Been holding for months:
CGC
GRWG
CURLF
GTBIF
TCNNF
HEXO(flyer)

I’m still sitting on casinos and restaurants as well as some premerger spaqs. All ripping!!

You??

[Ole Broke Azz]

accidentally bought JDST 13.50 calls yesterday when I was actually trying to sell covered calls... that might be the first decent break I have caught in a while, mistake or not I will take it with a smile

[Ole Broke Azz]

things about to get pretty damn exciting in the Cannabis Sector

I got several I have been accumulating at what I consider bargains

now, the trick will be not to sell them with huge gains staring at me... easier said than done

[Ole Broke Azz]

can anyone spell C-A-N-N-A-B-I-S R-A L-L-Y

[Ole Broke Azz]

going to have to reset the charts on the Cannabis Sector

no more channel trading for a while

[Ole Broke Azz]

Nice move on LTC

Made my month

[Ole Broke Azz]

what a friggen roller coaster.... DOW just turned green

[Ole Broke Azz]

buying LTC this morning in the mid $48's

[Ole Broke Azz]

reloading time for cryptos again

[Ole Broke Azz]

this Crypto move seems to have some legs to it

[Ole Broke Azz]

Cryptos busting a strong move over the last week

I made some poor decisions with ETC on the way down but after a loooooooooong wait I am now even

time to decide whether to take the draw and run or maybe even hold for some green

[Ole Broke Azz]

I bought the 5.85 earlier in the week and made enough for a couple of cheese burgers

[food4thought]

Been sitting on my hands on F as well. Gun loaded, but I’m going to be a tad more patient here. GL sir

[Ole Broke Azz]

Took a first bite of F at 5.85 and a first bite of CRON at 6.05

tight stop losses on both

[food4thought]

Yessir

[Ole Broke Azz]

nice day for reloading a couple of favorites

[Mikey]

I finally got into CHK puts.........oct 2's and july 13's........looking for a BK in the next week or so

[Ole Broke Azz]

I grabbed several positions yesterday but I will not be holding any of them much longer than the morning session

I grabbed CRON on Friday and I might hold that a day or two.. only because the chart looks pretty clear back towards 8.00. Not that I will hold for 8.00 but I think mid 7.00's might be on the table

[food4thought]

The fed blew up my reentry plan, hopefully you got some nice prices on that dip. I’ll be sidelined again minus a few heavy core positions

[Mikey]

my best guess on HTZxx..........HTZ is now in court looking for an ok to sell/dilute the stock 250,000,000 to sell into this RH pump.......the judge may grant the motion, but push for a delisting to OTC......OR.......she may just throw it out completely as nonsense........we may have an answer before close...........stay tuned!

[Ole Broke Azz]

I don't have the job history or the mental capacity to get paid to think

I "feel" like the HTZ puts was a good call

[Mikey]

HTZ....What a turd company, asking the court to let them Sell into a BK rally..........on the other hand, as I think about it, selling into a run that shouldnt even be happening........not sure what the hell to think!

[Ole Broke Azz]

I left my wallet in my big boy britches and they are at the dry cleaners

I will watch

I did just make a first buy on CRON @ 6.45

[Mikey]

this bounce today was a no brainer!.......I am rolling the dice with HTZ puts......

[Ole Broke Azz]

time to reset those charts

going to be some spectacular trading over the next few weeks

better put on your big boy pants

[Ole Broke Azz]

DOW down 900 PM

weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

here comes the bargains

Watching F, all the Airlines (AAL LUV DAL), AA, IVR, and ETF's GUSH JDST JETS

[Mikey]

Watching Daily list for Q......IN 1.00 & 2.00 PUTS!

[Ole Broke Azz]

DOW just turned green

crap, I was hoping for more carnage to cause some nice bounces

[Ole Broke Azz]

that is probably the only way to play HTZ... to the down side

TLRY breached support at 9.70 so it is going to be interesting what comes next... finding some new area to try and find support or actually pull back to the 8.50 area where the next level of significant support starts

another down day in the market tomorrow and it could pull back that far

[Mikey]

ok HTZ July 17 2.00 Puts........IN .99 AVG

[Ole Broke Azz]

still going forward

it is cooked for anything other than a quick intraday bounce

[Mikey]

what happened to the BK on HTZ

[Ole Broke Azz]

HTZ making for some nice action this morning. I was waiting to see if it will form some sort of intraday channel before I touch it

that 2.65 low was attractive but I just didn't have the huevos to pull the trigger

I think if it hits that level again I will take a few with a tight stop loss

[Mikey]

well my OAS Puts are ITM.......added some DGLY puts........

[Ole Broke Azz]

HRZ down to 3.80 AH

could be a trade in here tomorrow if a channel sets up

I'd like to see another down day in the overall market to really make things more attractive

[Ole Broke Azz]

in the past one of my biggest killers has been overtrading or trying to force trades

in my old age I have become much more patient and deliberate

sort of the "old bull vs young bull" theory

[food4thought]

Discipline is no fun but it pays the bills. Live to fight another day.

[Ole Broke Azz]

I did not catch it. hit 3.82 but I wanted 3.60

would have been a nice .50 gain but I have to follow my rules...

[food4thought]

Nice play there if you caught it. Didn’t think an upside reversal would be significant enough to catch a meaningful spread. Should be a fun chart on the ride down.

[Ole Broke Azz]

if I could get HTZ at 3.60 it would be a good safe start

I look at 4.00 area as first support but seems like that would be an easy one to crash through so for me 3.60 on quick flip of intraday bounce

that could change at any moment

I wish I was in NKLA but since I am not and I can't bring myself to ever buy breakout already underway I have to be content to watch

other than that I have to be ok with scalping the new channels that are setting up on old favorites

I wouldn't mind a few down days in the market in a row just to take a few into oversold territory

[food4thought]

The way they’re blowing up that trade on CNBC, I’d tread carefully.

The HRTZ and CHK trades I think are heading into the toilet.

The trading range in NKLA tho has me on the edge of my chair. More to come.

[Ole Broke Azz]

I would like to see HTZ around 3.60

start there and add accordingly

[Ole Broke Azz]

HTZ could get interesting around 4.00

[Ole Broke Azz]

I bought it at 29.60 and sold it at 30.10 on April 29

I had no idea about the BK