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lotsa of different ways to get to the same place...fields of green!!!
BOF a fantastic call, I looked...but I wanted to focus on my calls..was very active day on market & I had a lot invested in them...good luck on BOF, I missed the boat!
lol, well, it's not as hard as it may appear...it's actually very easy to trade options...they trade just like stocks, only you have time frame to deal with...the cost of the options is the most you can lose...if I was wrong & market crashed into today...I'd have lost $7500, that's it...limited loss...profits on other hand are wherever you sell higher...my profits around $38k, but could have easily been over $100k if I'd held...key to options is timing...I've been burnt so many times, but keeping my losses limited is key...I was extremely confident, so I went for it...I normally try to stay around $1k max on options...this was the exception & it paid off very well.
You must have $25k (some places require more I'm told) to open options in account...
you were a teacher a one time in your life...or a parent......a good read...i appreciate the effort...i wont ever be any thing but a go long born in the key of G.. 950 sat's kinda guy
ok, I'll explain it:
I bought 420-423 calls, 20 of each
Bought 20 options & paid .40 for the 423's for example...I sold 50% (10 ops) at $4.59, then later sold 25% (5 ops) at $5.30...today I sold the last 25% (5 ops) at $8.00...
Each option controls 100 shares
So 423 calls 20 bought x100 controlled x 0.40 cost me=$800
10 ops sell =$2789 (10x100x2.78)
5 ops sell= $2650 (5x100x5.30)
5 ops sell=$4,000 (5x100x8.00)
Total profit on the 423 QQQ calls alone=$9439
Long story short, my $800 for 423 calls sold for $9439 ($8,639 profit)
I had 20 of each 420, 421, 422 & 423...I didn't price the 421-422 publicly...I just did a thru 423...since I only posted thru 423, I'll do the math on the 420s here:
So 420 calls 20 bought x100 controlled x 1.40 cost me=$22800
10 ops sell =$4590 (10x100x4.59)
5 ops sell= $3700 (5x100x7.40)
5 ops sell=$5375 (5x100x10.75)
Total profit on the 423 QQQ calls alone=$11,690
Long story short, my $2800 for 420 calls sold for $13,665 ($10,865 profit)
same math for the 421 & 422's total profits around $38k on $7500 investment in 2 days...now you know why I was excited...
but crazy part is if I had held instead of selling 50%, 25% & 25% on the way up...I'd be up closer to $100k profit today...but I have learned take profits on ops...I 100% nailed my prediction for market & wish I'd held, but can't complain about these profits:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174299399
Read that post & time I posted it (wed night), a dead on PERFECT market call!
I did notice I flip flopped the prices of the ops on my posts yesterday...just change out & price is correct, just priced to the wrong ops...my bad, I was just so excited lol
420 1.40=$10.75 thru 423 .40=$8.00 calls, all out!
LIFW .99 +5% in some …market correction stagflation looking lows don’t last long
420 .40=$7.15 thru 423 $1.40=$10.50 calls, just wow!!
I N T C bought 32.05 after hours, I think this on opens near close today...late day buy on bogus dip after hours...reeks like a stop sweep on fear...guess we find out tomorrow..good luck!
QQQ calls, took off another 25%...holy moly what a day!
WOW, what a day...market doing EXACTLY as I post I'm responding too so far...
Sold half QQQ calls 420 .40=$2.78 thru 423 $1.40=$4.59 :)
i wish i spoke that language
I bought 420-423 QQ calls for tomorrow priced .40-1.40 range...good luck!
very funny.. i hadnt noticed.. well im green so far...
So far my prediction is correct about the day, except when I said we'd open down...I didn't think this bid of a down, but then again, the bigger the parabolic the bigger the bounce...let's see if they rip this market up by the end of the day...I never said we'd close green today, just a bounce into the eod...Stay tuned!
I'm sidelines until market finishes correction...Going to be a tough day for anything to move in this market...a VERY red day today...Good luck!
bof today..got scalped yesterday. 1250 bof to get it back
Earnings bringing market down, but I think tomorrow we open down...then bounce into eod & Friday big green...let's see if it's correct ;)
VERB is cash positive ; As further set forth in the Form 10-K, the Company disclosed that it had cash and cash equivalents of approximately $14.2 million and notes payable of approximately $1.2 million. This represents an increase in cash and cash equivalents of $10.9 million and a decrease in notes payable of approximately $7.3 million over the same period last year as previously disclosed in the Company’s 2022 Form 10-K filed on April 17, 2023.
NCL news dip, now ut's...should get fun over .60...jmho
GWAV doubled their o/s at .117 with 45 mill offering...getting stomped to .06's:
https://www.sec.gov/Archives/edgar/data/1589149/000149315224015719/form424b5.htm
usual over reaction...may be good for double...lotto op...89,151,259 shares new o/s at .06...kind of thin actually
Bro, get some EFTR NOW!!! hehehe...all JMHO!!
VERB : VERB’s MARKET.live x TikTok Shop Partnership Event Set for April 25th
E F T R now my #1 via gtc triple down on this dip
Today is correction day after 2 big days up...should continue up rest of week & into end of month next week..jmho
From you, it's worth a LOT...thanks!
Ok, is my sitting cash last week, now trading market making sense to everyone? I didn't say stay cash, I said sit cash when market fugly down moves...and when market clearly on upswing, trade 20-30%...now my account is just going up up up because throw a dart & most everything is going up...it's the same in down market, throw a dart & almost everything is going down...Hope this makes sense, preserving cash is my main objective! Good luck!
hmmm, I don't trade SLV, too manipulated...but I love the dip in silver here, it resets the chart for next level...Good luck if trading it, I prefer the real thing over paper traded ;)
Out SPY 503 APR23 calls 2.71 from .58...congrats!
A P V O check this gap out:
https://schrts.co/BMHdaSsy
V, what do you think of SLV at this level under $25?
ALLR on that list ;)
SPY 503 APR23 calls now $2+ from .58...congrats!
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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/
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