Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Loaded up on 5/2 QQQ puts even got some 4/30 lottos...this market is 100% fake...imo
Fun fact:
Take these 7 mega caps out of the S&P 500, and the index would be up just +1% YTD:
$META $AMZN $AAPL $MSFT $GOOGL $TSLA $NVDA
I am also calling default...I 100% agree with this assessment...The creature is about to devour!
V, here is interesting pod cast:
My GOD, this market is absolutely insane...the 10Y/USD are NOT saying everything is good...I have a VERY bad feeling about this weekend...I think next week is all out bloodbath & I also think something big is about to hit...why?
The money flow is NOT in the market (yes market is up huge, but that's manipulated pricing)...check out the 10Y/USD:
USD 104.41 10Y 3.85 <<<<----they're climbing WHILE market parabolic spiking...ONE of these markets is lying and we both know which one it is...MONEY is flying to safety???? why???? I am buying some puts jic something wicked hits this weekend...I smell a HUGE rat...stay tuned!
Thank you sir! You made out well, again, with your knowledge of QQQs/10yr/USD!
Congrats!!
Yeah buddy, I bailed too...Today I did trade a nice +.40 +.29 scalps intraday...I did stop out -0.20 on 3rd attempt...but I'll take the overall win for day & this week ROCKED! congrats bro!
As you can see, if you're disciplined & focused you can really bank HUGE....it's hard when market keeps going up up up when you know it's bucking USD/10y/TLT...but keep stacking each strike up & when market corrects, you win $$$$$....I'm mostly cash now...I plan on starting 5/2 puts tomorrow...stay tuned!
https://www.screencast.com/t/6pPXLXZI4
10 yr/gold/silver
QQQ puts, I exited at the $331 level from $337 buy on Monday. I couldn't pass up the gain. Now NVDA ER might boost QQQs back to $337. I will Put it again on any major run up.
Yessssssirrr!
I'm still waiting for $15 silver tank which precludes a new huge up move to $50..imo
Hey, what are your thoughts on gold and silver these days?
WEEEEEEE today! chaching! ;)
I see! Thank you and congrats on a great return on your trade!!
Outstanding breakdown. Thank you!
Here's a live time example with QQQ 333.50 currently:
331 may 30's are 1.75 right now
if I want to buy 1 month out for same price of 1.75 it's
June 23 309 puts is 1.74 right now...
see how the strike price gets too far, now let's look at near price $5 out:
June 23 329's are 5.20
I try to stay under $2 for all my puts...it requires discipline & fortitude to stick with buying them when market continues running up like it did the previous 5 trading days...I kept loading, knowing I would win when market corrected...The best time to buy puts cheaply is when market going gangbusters up, but you have to keep your head & keep buying new strikes up until market comes to you...I actually went 70% of my account in puts yesterday...sold 334-336's today for nice profit...Here we are today, great day today ;)
I'm down to 35% of account in puts now...ooooh yeah!
2 reasons, the move was coming inside the next 2 weeks when I posted it...too far out & the cycle could move back to other direction and you won't get as good of price for strikes too far out & time too far out...also, the prices are extremely high & most people will trade strike price for op price...in other words if 336 QQQ was current price & you wanted 1-2 months out, you'd pay way more for 333 puts, than if you bought the 333's within 2 week period...so most people will end up buying 320 or lower (for same price 333's inside 2 weeks) & may not get that big of dip...higher risk...imo
The name of the game for me is cheapest puts with nearest strikes, inside of a period I have no doubt a dip is coming...
V, something I always mean to ask, but forget: why do you say "maybe not so far out, but next 2 weeks"...is that a risk issue or price or more time for manipulation of options price, etc??
thanks!
DEBT LIMIT TALKS HIT ROADBLOCK AS GOP NEGOTIATORS WALK OUT -Bloomberg
and they blame the repblicans, like dems not in the meeting...bloomberg is 100% douchebag...
if the repubs and dems reach an agreement and do not default then market bounces higher, and then sell-the-news mentality kicks in? maybe, since it is sell-in-May-go-away season?
I'd definitely get some, maybe not so far out, but next 2 weeks...I am VERY loaded in next week puts (50% of my account in puts)...the 10 year & dollar are screaming big money running to safety...imo
USD 103.41 10 year 3.71...both are on the upswing, I don't see them slowing down either...stay tuned!
PS...I'm alone on this one, but I believe they will default and they will put the crash of everything on the republicans...I may be wrong, but they way money flowing right now tells me something bad coming...Expect the best, prepare for the worst is my motto...Good luck!
QQQ puts. I missed buying today. technically the RSI is overbought, and price nicely above the upper BB.
I read your previous post on the 10yr yield & Dollar rises too.
I think you play the shorter expiry dates but is 30 to 45 days too far out, you think?
I hope I can get some puts tomorrow, V.
REMINDER about the set I recommended:
https://www.ebay.com/sch/i.html?_from=R40&_nkw=2021%20peace%20morgan%20silver%20dollar%20set%20-%225%20coin%22%20MS70&_sacat=0&LH_TitleDesc=0&_udlo=1,500&LH_BIN=1&_dcat=39464&_sop=15&_udhi=2999&Certification=NGC&rt=nc
only 2 left to $3k...read posts thread I'm responding too... :)
Loading QQQ puts heavy today...dollar 103.01 10 year 3.56...tick tock
Matt, do you average down with ATRA at $2?
Then we're pretty much on same page...reeks like this market push attempt is going to fail...I'm 100% cash in 401k, 85% cash in trading account, 50% miners/50% cash in mining account...mostly cash...
LOL, I have nothing in the Market at all. 100% cash.
Until I like the setup I'm not doing anything.
My streams of income are such that I don't have to do anything and still grow my portfolio(albeit all cash)lol.
I'm too old to gamble and don't need too.
I've noticed the 10 year & dollar are slowly sneaking back up again...not at the level for me to go aggressive on puts again yet...I'm actually sitting on mostly cash, a few stocks, but mostly watching here...everything is 50/50 right now...it's actually the most bizarre market I've seen...everything screams look out below, yet they can't let it do that or they lose their asses...they pumped so hard recently to avoid the crash, I'm now on sidelines watching to see if they can do it...BUT, here comes the big but, I am watching the dollar for $103+ & 10 year for 3.60+...if those numbers trigger, I'm going back to aggressive puts buying...TICK TOCK!
yeah, they MUST hold up market here...once the 50 day crosses down on the 24 year chart it's over..imo
once SP500 dips below that 200 day, it's all over...imo
https://schrts.co/EmYfjJNH
Yeah buddy!
The Summations are NOT NORMALLY an easily whipsawed indicator, and In the last 20 years I have been following it, I have never seen it act the way it has in the last week.
I think the FED has been leaning heavily on the throttle because of the recent bank failures.
LOST SOME CASH ON TOP POS COULDNT EVEN HOLD PREVIOUS LOW 9.71
OH WELL
LOL, just saw that post...
well, cashed out on puts..was good day!
Loaded 15% off my account with tomorrows put all the way up to +130 naz today...should make out like a bandit tomorrow...
The imputed value of VBLT is around 70-80c based on Notable's most recent private valuation? and that was before the AACR abstract and trading at 1/3 cash...if for some reason merger doesn't go thru...literally no risk all reward...tick tock
AUST biggest add today...added up to 30% miners in mining account today...feels like gold may explode up...stay tuned!
How's the popcorn today :)
Sold 80% out of puts, forgot to post....but exits I usually leave up to each his own...
sold rest of 323's 1.23
Scalped 80% of .31 at .50, holding watch amount & will add more back on bounce
added more 323's for .31 average...swinging for fence again
I am loading today 323's .39 average now
LOL, I think popcorn moment is soon...stay tuned!
I have popcorn ready ;)
been loading Tue-Thur puts & some June puts...I think next week (after Monday) going to be all out dumpfest...jmho
I'm loaded in QQQ puts...319/320's...this market is ridiculously overbought now...
Followers
|
217
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
28956
|
Created
|
01/11/04
|
Type
|
Free
|
Moderator vlispxpert | |||
Assistants dabonenose matt24d K-Pax |
Welcome to Vlispxpert's Underground. This board is mainly for undervalued, oversold stock plays. The price of the stock is not of concern, so .10 to $20+ picks are welcome if they meet the criteria below. (No pinks or otcbb please) I will be placing my watch picks once a week or whenever I find one I really like...These days it's quality over quantity of picks...
Disclaimer:
Anyone who is considering investing in any of my oversold picks, needs to understand that there is usually a reason the stock is oversold in the first place. 9 times out of 10 there was some bad news that caused a major sell off...
These plays are risky in nature because of this factor alone. I am playing the odds when I buy an oversold stock. The theory behind my picks is the price shouldn't go much lower, due to the oversold indicators & the shorts are close to covering. JMHO
If the price does go lower, I average down, which I believe just causes more pressure on the stock rather than relieving pressure by selling. I usually wait for a 25-35% drop before averaging down, depending on the volume & activity of the market.
I also believe in holding the stock through the turbulant bottom when it is trying to correct itself. It may take a day or it may take months, but the theory is, it will turn around at some point...JMHO
There are 4 things that will make me sell a stock immediately:
1) Strong dilution (over 50% addition to O/S).
2) Bankruptcy.
3) Reverse split.
4) Bad news, usually of the financial nature (Big losses, bad quarter, losing major client, etc.)
I just wanted to post this as a reminder to those who do decide to buy one of my picks that there is a high risk factor & that my picks aren't really daytrades. They are buy & hold until the market comes to you. Sometimes they play out like daytrades, and sometimes it's like water drip torture for weeks on end...
I believe in my method, however contrary it is to the daytrade crowd, who wants instant gratification or it's a complete failure in their minds....
Good luck & good trading, I hope this helps in future decisions on buying any future picks...Thanks
Terminology you may hear:
Starter=1%-2% amount to keep eye on stock while it's trying to find support.
Add=2%-6% tripling of position after a 20-35% dip.
Back up Truck=20%-30%
"If you want to get rich, stick your head above the crowd, see which way it is going, and immediately head in the opposite direction" -My Favorite Quote-
"The stock market is a vehicle to move wealth from the impatient to the patient". -Another Great Quote-
My other board strictly for trading gold/silver stocks is located at:
http://investorshub.advfn.com/Beaten-Down-Junior-Gold-and-Silver-Stocks-30266/
Posts Today
|
0
|
Posts (Total)
|
28956
|
Posters
|
|
Moderator
|
|
Assistants
|
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |