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Shorts seem to be getting ahold of it today
Thank you for the information. I didn't realize any of that. Been trading for years but just started options a month ago
Interesting. I knew they decayed in value but I didn't know selling a put would allow you to make money off that. But selling a put also allows for unlimited loss potential doesn't it? Whereas you can only lose what you put in when buying a put or call
What's the benefit of selling puts rather than just buying calls?
Only a matter of time at this point till it starts moving north again quickly. Consolidating and building higher basis
Is saying it's a meme stock a good thing? Makes it sound to me like he just thinks it's up on hype. Which I don't think is true.
Agreed they are fun to play both ways and much safer to do a put than short something
Safe is probably not the word to describe options. Their value can dissappear very quickly. But they are very viable for making money fast
Today was great for consolidation. RSI is now at the levels it was at when the price was 20 to 25. Now we're at 35 forming a base with an RSI in the 50s. Next run may go through to 60 dollars
Each day has been higher lows. Thats the name of the game
I dont think its going under 30. VWAP is at almost 43. It will return back to 40s quickly tomorrow
Not the end of day I expected. However we needed it. Now the RSI is under 60 with the share price at $40. Very solid trading
RSI is reset pretty well now
Well we've already traded more than the OS and at higher and higher prices. This week I'm sure we see 75+
It will break 50. But may take a day or two to consolidate first
The volume influx is pretty wild
Consolidated well. Looks like we should see a nice green finish
Doubt he's gonna even say anything till they are up to date with filings
I think this will consolidate here. Monday we see at least 50
I had bought 60 dollar calls. Already up over 100 percent. Monday will be the day
Very strong close. Good sign for Monday
Interesting
The Options are getting really expensive. I love it
I think the 40 break is imminent. New highs are definitely coming. BKKT should be worth 100 to 200 per share based on market cap
Wonder what the last 30 minutes today are gonna bring. Volume spike could bring us straight to 45
The real move will happen when we cross that 37.49 high. Then it's going to take off. Monday may be insane
I cannot imagine being short here. You'd lose a lottttt of money
Just a chart pattern in my opinion. It got heavily shorted to bring it down. Once we leveled out we started curling back up. If it stays bullish Monday could be massive. Like 50+
We've broken out of the bear resistance zone. Nearing the bull resistance power zone this afternoon. After hours could be wild again
January calls looking excellent here
Should be an interesting end of day
Good consolidation at this range. Monday we should be mid 30s hopefully
You do realize you're wasting time here right? Ihub has nothing to do with this stocks volume. Your statements reach probably not even a half of a percent of investors here...
Well there it goes lol nobody likes it
I dont get how we trade above 152 nearly all day then after hours it drops when there isn't even financials out
Definitely being shorted. However the trading range is smaller and higher than yesterday's low by almost 5 dollars. That's a very good sign. We all know stocks trade in waves. They can't go straight up. So I think we are in good shape. Tomorrow should either be flat or up. But I dont expect any further falling. As long as it continues to trade healthy
OS is 50 mill. Market cap is 1.25 billion right now. That does not include the fact that the float is really only about 20 million. Most is owned by institutional investors
Lol well I'm a poor boy in Florida just trying to be able to quit my day job and do Options full time. We will see how things pan out. Looks promising over time at least
Nothing we talk about on this board even matters. Over 500 million dollars in volume today, over 1 billion yesterday. Obviously this isn't ihub money. As long as we hold 25 as support that's a higher low. If we can continue making higher lows then those people shorting will have to cover. Valuation here should be at least 5 billion right now. We're at like 1.25 billion right now. Within a couple weeks we should be a lot closer to that valuation
Did not expect to see this stay below 30 today