Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thanks. I now realize I left a lot on the table though! Those calls are now trading at 0.53. Oh well. Profit is profit.
I have no idea I need to either sell before Tuesday or figure that out!
Bought VXX aug16 10.5C @0.21.
Sold AAPL sept16 115C @0.38 from 0.28. 0.10 profit per contract.
Nice little overnight gap. Glad to see it going the right direction I'm all in for my largest trading account.
I really thought there would be a more significant move on the report one way or another. This is very surprising.
I just added at 6.25 and set another bid at 6.10 and one at 5.90.
I'm watching it drift down and setting some new bids right now.
Thanks! I may grudgingly add more here if DGAZ doesn't drop any soon.
Still got some money left from my I filled bids.
So where's the ng rally? I thought all the ng Bulls equated this to Christmas Morning we had a small draw in summer! Doesn't anyone wanna buy over inflated gas futures near the end of summer? What gives? I thought gas was supposed to just go higher and higher despite the supply glut and shoulder season coming soon. Kept seeing calls for $3 and then 3.20 on investing.com board and dire warnings that we better not short!
Oh no because gas is going up indefinitely into shoulder season.
So where's the rally Bulls? Really disappointed neither of my stink bids filled. What a crying shame it's Christmas morning but natural gas is heading down.
Show me the money DGAZ
Got a couple of stink bids at 6.05 and 5.70. DGAZ creeping up before report. Did the results leak??
I added a few here in the 6.3's. Room for more down below if needed.
Sure am glad I sold for a loss over a stupid head fake. POS.
Well I guess we're done moving til after the report.
Added AAPL Sept16 115C @0.28ea.
I cut small loss this morning. Will keep it on watch.
Yeah it sure does. It completely ignored the drop from 50 to 40 but then starts to take notice once oil drops below $40.
I'm not sure anything else is capable of taking this beast down. Possibly if trump wins in November?
I knew I should've held my calls yesterday. Something always comes along to juice the market. Always.
I hope oil tanks to the low 30's I'm so sick of this crap. Oil is the only thing that will bring the market down.
Yep tepid growth and uncertainty. Both positive catalysts for the market. This shit sure is getting old.
Thanks to Bank of England for cutting rates. Not that that has anything fundamentally to do with this sector but it will create a rally in everything nonetheless.
Nothing like tepid growth forecasts to juice the market. Smh.
Bank of England cuts rate to 0.25%. So of course it's rally time here.
Well no gap down thankfully. Getting a little nervous yesterday afternoon as I added to my position.
I just keep thinking about when I bought LABU in the low 20's and sold for a measly 20% profit and now it's in th 40's. Smh. Left some profit on the table there.
I wish my average was that low lol. Thinking I should have added 6.20 yesterday like the other smart people but I was afraid of a big overnight gap which obviously never materialized.
Maybe I'll get another shot this morning. Def gonna leave some dry powder for any spike after the report. I'm thinking this is the last big hurrah for the summer though.
Yeah Wall Street loves their hookers and blow lol
Haha yeah I'm back. Had to take a break from
The market for a bit. I've had a few good trades since I started back so hopefully I just needed a reboot.
I'll be here through the end of shoulder season.
Man this is a snooze fest of a day
Fwiw the rollover next month should give DGAZ about a 15% bump if the October to November contango remains at 5%. November to December is a whopping 8% which translates to a 24% bump.
This months roll from September to October contract only about 1.5% contango for a measly 4.5% boost to DGAZ. It starts Monday.
Glad I'm not the only one that feels like the market lives and dies specifically to piss me off.
Meh they'll just print more and the fed and their cronies will use the newly counterfeited...I mean printed money to pump the indices.
Added some down low 21's LABD don't make me regret it! Show me the money.
And had I taken my profit above $7 this morning DGAZ would probably be around $8 right now. Just like when I sold DWTI at $120 and it immediately went to $134 despite oil having dropped like 8 days straight.
Some days I really hate the market and I'm convinced it's rigged against me somehow.
Absolutely amazing how the sentiment can change so drastically overnight. So Monday and Tuesday everyone forgot about the report Thursday but then around 7:45 this morning everyone remembers and the commodity rallies close to 5% based on information / speculation that's been around for over a week now.
Added 6.43's
I strongly considered adding 21.30 this morning but I chickened out. Oh well.
I remember awhile back I bought LABU in the low 20's and sold around $26 and now it's $44. Not gonna make the mistake of selling too early this go round
Exited August 12 217C @.85 from 0.78 for some pocket change.
Ask and ye shall receive....lol
Idk my theory is the report will be sell the news regardless. Maybe a pop back to 2.80 but this is the week the drop started last year. It's possible it sees 6.00 again but unlikely.
Sweet I'm in calls right now
So is this the SPY oil fund from about 7-8 months ago? Following oil around like a lost puppy.