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This is going to end up hitting ATH today isn’t it?! Puts burning up - phuuuuuuck
I have been saying this same thing!!!!!!
Glad I held my puts overnight. Looks like a red morning. Will they give a full red day or just a quick morning drop?
All time high less than 2% away. What planet am I on right now?!
Love it
Cool. I just sold at .87 - got in at .71 nice little scalp Appreciate you for the call out!
Hunter how long you riding this out?
Gotcha morphius
Boom!
Joined you on the puts hunter
I have Aug 7 $332 strike spy covered calls. Won’t mind those premiums melting away. Opened a bull call debit spread 333/334 just in case spy gets excited tho
Looking like a good trade right now Morphius- good work
If you’re wondering why spy took a downturn, it’s because I bought a handful of $333 strike aug 5 calls when the chart lined up. Elementary my good Watson. Textbook as they come.
Whoa...just saw it too. That is hard to wrap my brain around.
Gotcha! Smart with the long term capital gains tax implication!
Tbags71 likes this message
Toofuzzy you don’t have to let them get executed on you. You can do a complex options trade and buy them back (buy to close) and simultaneously sell to open new covered calls in their place.
Saw people questioning PTON earnings today. It’s today right?! Lol
Spy dropped at end of day, but not enough for our puts
Hunter you still in your puts? SPY giving back
Magnet cometh
Yeah this isn’t even consolidation. It’s just the computer algo’s playing patty cake with each other’s peckers.
Gambling with you hunter
Earnings Aug 5 - predictions?!
Agreed sharky
Anyone else see that giant sell order get filled for 1.5 million shares at 10:57am? Yikes
No more bets...
Forget $30 like Kodak...I will take $3 right now!
Any thoughts on a rough day / rough week for PLUG?
I could see those new price targets reached this week. Wouldn’t shock me to see AMZN jump 15% on an unprecedented quarter and that would take us right to 3500
3,900...Q2 numbers will get crushed by monster buying everything you can from home consumers.
Great. Thanks Good Timer!
We all know what happens DURING a short squeeze...what happens to a stock once the short squeeze is over? Does it stay high? Or does it typically come back to earth?
LOL you’re actually on to something there!
Spot on
I sure do! I understand the dollar is NOT backed by gold or silver as many think it is. I understand it is basically backed by the hopes of the US Govt continue to stay in “good standing” and I do not find any coincidence that there are forces and factors trying to destabilize the US Govt by any means necessary. People ARE going to gold and silver as a store of value out of fear the US Govt will not be able to protect the value of said US dollars.
So my next question to all of you is: are you helping or hurting the stabilization of the US Govt?
Question for you: Do you currently understand the US dollar?! Without googling, what do you think backs it? I think you will he surprised to learn what’s really behind it.
We are familiar with the US dollar...but very few of us really understand what’s behind it.
PS - no googling!!!!!
That video was fantastic. Have a side bet with my friend Gabe and I keep saying TSLA will be below 1k by Aug 21...so that video was perfect for me LOL
...and we LIKE IT!!!
NetNeutral: does your crystal ball have SPY going up, down, sideways or straight to hell tomorrow?