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Bought some Nov 16th AMD puts. Strike $15 for .10. This is a hedge on my calls.
SAEX new 52-week low, $5.21. Oh well.
Low float stock with low interest right now.
A lot of bid painting today at .008. Someone wants in cheaper for another run, IMO. Very greedy. A penny should be cheap enough.
SAEX held it's 52-week low (made yesterday) today. We'll see if that means anything tomorrow. $5.22 is the 52-week low. Close today was $5.37.
That's why I am still holding SAEX. As you recall, I bought DXR on the same kind of move SAEX had. Then it dropped dramatically like SAEX. I kept averaging down. Then I finally sold it. Then a day or two later it exploded. Had I held I would have made a fortune....great memories
A combination of events occurred yesterday. 1. My $3,000 that I deposited was credited (this money has to move back out by November 17). 2. TDA changed the margin requirements back to 30% from 0% on SAEX.
Those two things allowed for today's purchases.
Added more SAEX at $5.25.
Back in ESV at $6.67.
LOL, that's a good one
There have been 4 already.
Double beat down. So yesterday as I was selling ANY, and adding SAEX, TDA changed SAEX from 30% marginable to 0%. Basically treating them the same as a penny stock. In doing so, I went into a margin call. I own no marginable stocks now, so the only way to get out of this is to sell something or add funds.
The second beat was AMD. They reported earnings last night, and their forecast for next quarter was lower than expected. The stock is down $4-$5 now in pre market. Chances are those call options I just bought will be worthless. The sad thing, is at one point I owned 50 puts that expired on November 16th. The strike was 22. I sold them for a profit, but they would be worth at least $20,000 today.
I'd say do not tell the wife. Were you able to buy any in the $17's last night? Close to $19's right now. Good luck!
All out ANY at .34. Total loss was about $1,400. At one point I had around a $500 profit. I had my order in to sell at .74, and the stock went as high as .72 that day. Needless to say I should have lowered my order.
Added more SAEX at $6.11. In order to pay for this I sol some ANY at .3171 yesterday and .35 today.
Added more of those AMD calls at .08. Earnings tonight.
Bought AMD $36 calls for .12. They expire Nov 16. AMD earnings are Wednesday. Stock is holding up well despite today's market downturn.
Added more AVOI at .01.
Added more at a penny. $AVOI
Yes it has, but it's been a little rough. Some mistakes on my part, like not taking a profit when I had it. Lol, on getting older and learning new stuff.
Options can be very rewarding. One downside is the high commissions though.
Big increase in price and volume right now. No news that I can see so far. $SAEX
SAEX on the move, $7.09, +11%
A quick look at the Pacer shows that both parties are now in the initial discovery phase. $AVOI
Added more AMD calls at .01 and .02. My average is .08. The strike is $32. AMD is at $27.70 with 3 days and 2 hours to go before expiration. Earnings are next week.
DOW down 565 and NASDAQ down 107. Will they rebound in the final hour, or eclipse yesterday's disaster? The NASDAQ RSI is showing it is wayyyyy oversold.
Added more of those AMD calls at .04. Market down big again now.
Added more AMD calls for .05. The stock is doing well today, despite the NASDAQ being red to flat.
Okay, good luck. When it was at .065, the RSI was like 90 or so, so I am sure there was profit taking as well. $TREP
So my last account value update was on 10/3, I will go ahead and give a week update tomorrow. The stock that has most affected my account during this period is SAEX, which I bought at an average of $10.20. I ran out of funds, so I could not average down more around $7. Current PPS is $7.86. It spiked to $9.19 today on news.
This stock is very thin, so it can obviously move quickly in either direction.
I just saw this, how did you do on TREP? I see it traded around .01-.03 the day you posted, and then hit .065 two days later. Now it's at .04.
Got some good action at .015 today. Can move easily above .02. $AVOI
I wouldn't be surprised. Every big move seems to be relentlessly shorted down.
I think it was in $30's in pre-market on the last big move.
It looks like DuPont Capital Management Corp took a 7.1% position in the company. That was in the filing just released.
Halted due to volatility. Always on the way up, never on the way down $SAEX
Added more AMD calls at .12.
I hope you are right, we could use them. $AVOI
Haha, no worries. Glad I could help.
Good read! Thanks. $SAEX
If you are using the normal TDA site, on the trade screen, there is a drop down "Time-in-force". From there you can choose extended hours when making your trade.