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Picked up some JPM 31 DEC 17 puts for .55. My first option trade in three years so here's hoping....
What average would you put into each option trade ?
Here you go...ask gone. Going to concentrate on some financial Dec 17 puts for the evenings.
Just flipping yesterdays shares for my 20%. Will move it the last hour if nobody wants them really just looking for more on the bid. So discouraging buying is fine my me.
Tried with a tiny amount of shares to help out this stock earlier in the week, got no help so will continue my 20% flips from now on. Quite possible with stock and the holders that are here.
Anybody want my .0025s ?
Dont see it, to much potential of financials coming out. Flip it in the .002's. Lots of money to be made there. The large holders can wait for this to go above .01, at that stage they may work out what to do.
.0021 x .0023
There is only 5 million volume all day. So there obviously was no bid support of any merit.
Its also the bid that needs support not the ask. Hitting the ask is just allowing flippers to sell and buy back lower. Putting it on the bid means there is confidence for other who decide to buy.
At this rate its too late now. The mood on this stock has completely turned negative. This should of been supported a few days ago a 5 million would of kept this above .0028 all week(any dilution appeared to have stopped last week). Now you have people who had no plans at all to sell, selling. There will be lots of rats running for the door now and it could spike down.
The longer this stays down here in the low .002's the more it will struggle to ever stay above .003.Flippers will sell these shares at .0025/.0026.
The shares i have here are a pittance and after the attitude shown by some here they will be gone on any spike to the high .002's. If i had a quarter of what some claim here this would not be where it is now.
.0023 x .0024. Here comes .0021 as predicted yesterday and more opportunity for all the penny flippers out there. Thats just a 40K$ lost for those that claim to own 40 million shares in just a few days. A few thousand each from them would of prevented this, but thats a lesson learned for them.
Most got scared away from this stock yesterday. Nobody willing to buy when the bid is .0024. It would never of got if there was bid support the past few days. We would likely be trading in the .003's by now if there was.
I know i will keep flipping this when i can now from .0024 to .0027-28. Then crash through the meager resistance when i want to pick up cheapies again. Would of preferred to have held all my shares for the .004's but the big shareholders here dont have a clue how to protect there profits.
What is the association Lex with Nicholas TOMS. We are all dying to here why you defend the CEO who left the CYSG shareholders with nothing, after been fundamentally responsible for diluting them to zero and then halting trading. Who has also done similar on other stocks.
But its tell you what he actually thinks of his shareholders like you. You think he is suffering out of this ? Not one bit his wages will hit his account every week regardless.
Negligent ? Are you joking or something. One stock suspended after massive dilution from a finance deal signed with a criminal. His other stock reverse split crushing shareholders and now heading to zero again ?
Does he need to walk over to your house and actually burn your share certificates before you think he is negligent. ? Dam, If im ever setting up a commune in the future you will be first on my list...
Everything you were told here by others so far has turned out out be wrong.
JB LNKD moved up 10% even after the opening bell. The financials all gapped at open and in general did not increase a lot on their opening price. Therefore the options gapped as well.
Does this normally make it harder to get decent profits on the more well known financials ? Should i be looking at other sectors ?
You guys all playing Dec 02 options and not Dec 17th I assume ?
Thanks
Why is there options expiring this Friday, I thought they only expire the third friday ???
In their dreams..
Whats the difference between L and L2 on alphatrades option quotes ?
Some FAS calls are up over 3000% anybody get that lucky ??
Problem now is if we do get good news a 50% run from .002 (where we are heading without any bid support) will only bring us back to .003. A bit of support would of held .003 and a 50% run = .0045 blowing past another resistance.
If you put a large block on the bid it first tells people that they will have to buy higher, that even if they do buy this will only drop as far as that block. It gets rid of the fear and encourages buying. It give the block holder control of the stock. Allowing them to sell higher and increase they block bid size as they sell shares to higher purchasers. As PPS increases move up your block and make it slightly smaller each time slowly distributing your shares.
Its fairly basic need for anybody with "10's of millions of shares" if they actually want to get a decent price. I have been doing it for years but only have a few million on this stock.
They obviously dont get the concept that its easier to maintain the stock at a higher level then to try and run it the whole way back up from .002. They obviously expect someday to wake up and be able to dump 40 million shares on the bid in one go. They are going to allow every pinky trader back into this at .0021 or lower and trade away the profits they should of made. Greed is a terrible thing, creates too much fear of losing what you have.
.0025 x .0026 next stop .0021. Unfortunately too many people here talking about buying but never do. Others who claim to have 10's of millions who cant get the concept of protecting the bid, allowing a lone bid whacker to walk this down as they see fit.
The so called large holders here failed to protect the bid, and will reap the reward for that. The devaluing of there stock. Simple!
All you with so many shares might want consider putting some support under the pps and tapping the ask...Thats if you actually want your shares to increase in value.
.0028 x .003
Ask is .003 again, somebody buying up these ETMM sells..
.0029 x .003 ANDI is strong..
What made you go for these yesterday ? they look like they will make you nice money today.
Used to trade options for a while, turned 2K into 18K with AIG and BAC back in 2008. IT was more luck than anything and i ended up losing most of it again. If i want to trade them seriously i need to understand why you make calls like that as to me the market have more downward potential today then up.
S/P Downgrades Over Thirty International Banks tonight.
Standard and Poors have come out and downgraded a whopping 37 international banks this evenning. Tensions are not only running high in the sovereigns.
Some of the banks.
Goldman Sachs
Citi Bank
Bank of America (Reckon Buffet is a few bucks down on his investment after his brainwave in the bath)
Royal Bank of Scotland.
Bank of China.
Ulster Bank Ireland.
Ulster Bank.
Deuthse Bank.
Unicredit (Italian bank current share price 5 cent from almightty low of 66 cent.
Scottish Widow.
Lloyds TSB.
S/P Downgrades Over Thirty International Banks tonight.
Standard and Poors have come out and downgraded a whopping 37 international banks this evenning. Tensions are not only running high in the sovereigns.
Some of the banks.
Goldman Sachs
Citi Bank
Bank of America (Reckon Buffet is a few bucks down on his investment after his brainwave in the bath)
Royal Bank of Scotland.
Bank of China.
Ulster Bank Ireland.
Ulster Bank.
Deuthse Bank.
Unicredit (Italian bank current share price 5 cent from almightty low of 66 cent.
Scottish Widow.
Lloyds TSB.
CLOSE .003 down a whole .0001. Who was it that said this would be going down all day ???
.0031 getting hit.
Should see a green close at this rate.
.003 x .0032 Nice uptick.
.003 dropping
Nice achievements..
So we are looking at a minimum of 20 million apps downloaded per year. If android can match that its 40 milion downloads per year.
.0028 x .0032