InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,442.00
(
2.14%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
62,720.75
(
-0.27%
)
Post# of 32302
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

elback

Send PM Follow Ignore
Followers 9
Posts 867
Boards Moderated 0
Alias Born 10/26/2016

elback

Re: elback post# 29863

Friday, 02/09/2018 4:48:32 PM

Friday, February 09, 2018 4:48:32 PM

Post# of 32302
Lower Highs, Another Weak Close
Too bad. I'm close to moving on from this one and scrapping my VAPE swing play into 4/20. VAPE is dead money right now and it is rotting. Volume is steadily dropping. The California legalization hype is waning. Zero information from the company and rehashed, weak pump attempts.

Still loving this volatility on the big boards. I closed all my short positions today with some 500-1000% gains on put options. The market may have more room to the downside but I can't be holding those kinds of gains. I've been shorting puts as well to cover some of the upside risk.

I won't be rolling any more profits into VAPE until the technical or fundamental outlook improves.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

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.

Sign Up