Jump to content

Recommended Posts

Posted

I feel like I’m taking crazy pills!!!! 
 

I sold Jan 23 $40 calls against my position which has a CB of $21 and they gave me 19.50 per contract. 
 

that’s 2k per contract for a 2x return in a year. What is going on.

Posted
53 minutes ago, ATexanAbroad said:

I feel like I’m taking crazy pills!!!! 
 

I sold Jan 23 $40 calls against my position which has a CB of $21 and they gave me 19.50 per contract. 
 

that’s 2k per contract for a 2x return in a year. What is going on.

We supposed to guess the ticker? 

Posted (edited)
51 minutes ago, Blotto said:

We supposed to guess the ticker? 

UUUU duh loser 

 

but I was also 5 caipirinhas deep in Brazil on the beach and realized I sold puts  so whoops

Edited by ATexanAbroad
Posted
21 minutes ago, ATexanAbroad said:

UUUU duh loser 

 

but I was also 5 caipirinhas deep in Brazil on the beach and realized I sold puts  so whoops

You can expect a call tomorrow from your broker asking for some money. 

Posted
3 minutes ago, Coelenterate Fuccboi said:

ImmunityBio Announces Results of Phase 2 Metastatic Pancreatic Cancer Trial at ASCO GI With Median Overall Survival of 6.3 Months in Patients With Third-Line Disease, More Than Doubling Historical Survival
https://finance.yahoo.com/news/immunitybio-announces-results-phase-2-230000058.html

Sounds like encouraging news, so maybe 10% drop at open?

  • Hook 'Em 2
  • Haha 1
  • Fuck Around and Find Out 1
Posted
12 hours ago, crony said:

First good buy I’ve made in a while. Had a client call me with a couple of recommendations and they thought it was trading at 50% of it’s real value a couple months ago. It has made up for some Stonks that haven’t been all that great to me.

Posted
17 hours ago, Coelenterate Fuccboi said:

I’m tired of you negative assholes. It’s going to drop at least 20%.

But with the benefit of compounding, and it works in reverse too, after straight 50 days of losing 1%\day you are only down 39.5%

  • Hook 'Em 1
Posted
4 minutes ago, Wally Fairway said:

But with the benefit of compounding, and it works in reverse too, after straight 50 days of losing 1%\day you are only down 39.5%

And then it has to go up 66% to get back to even. 

Posted
1 hour ago, TonyTexas said:

And then it has to go up 66% to get back to even. 

But that is only about 20 days of going up 2.5%; I mean we've all seen the market go up faster than it goes down. If you ignore the start of the Covid market crash

Posted

I stumbled across this post on WSB last night discussing a silver miner, and a large number of open interest on leaps expiring this week.

https://www.reddit.com/r/wallstreetbets/comments/s6yx2m/gamma_squeeze_of_the_century_on_last_years_leaps/

TLDR this guy speculated you could see a run up on AG this week. Likely bullshit speculation, but its not like the rest of my gamble portfolio is killing it these days, so I put a buy in for 50 $11 calls expiring friday at $.06 just as a "fuck it" gamble.  I was tied up on calls all morning and when I checked I noticed that AG did in fact spike up today, but my order didnt fill because my stingy ass set my limit order at yesterdays close. Had I set my limit at $.07-08 it would have likely filled. Those fuckers are now in the mid $.50's

Anyway, mid morning I did buy a chunk of $12.5 calls for $.08, and they are sitting at $.16 now. There has been a 5% jump in SLV the last two days which is a pretty big move for that ETF, so a continuation of that trend tomorrow wouldnt be the worst thing for me. Brutal fucking week otherwise. 

Posted
18 hours ago, Blotto said:

I stumbled across this post on WSB last night discussing a silver miner, and a large number of open interest on leaps expiring this week.

https://www.reddit.com/r/wallstreetbets/comments/s6yx2m/gamma_squeeze_of_the_century_on_last_years_leaps/

TLDR this guy speculated you could see a run up on AG this week. Likely bullshit speculation, but its not like the rest of my gamble portfolio is killing it these days, so I put a buy in for 50 $11 calls expiring friday at $.06 just as a "fuck it" gamble.  I was tied up on calls all morning and when I checked I noticed that AG did in fact spike up today, but my order didnt fill because my stingy ass set my limit order at yesterdays close. Had I set my limit at $.07-08 it would have likely filled. Those fuckers are now in the mid $.50's

Anyway, mid morning I did buy a chunk of $12.5 calls for $.08, and they are sitting at $.16 now. There has been a 5% jump in SLV the last two days which is a pretty big move for that ETF, so a continuation of that trend tomorrow wouldnt be the worst thing for me. Brutal fucking week otherwise. 

Looks like there was a squeeze almost exactly a year ago. Hope you get a good ride on this one.

Posted
49 minutes ago, Wally Fairway said:

Looks like there was a squeeze almost exactly a year ago. Hope you get a good ride on this one.

theta and lower volatility is having its way with me. back to my buyin price. may bail if things dont pick up soon. The play was clearly to get in at the market open yesterday

  • Hook 'Em 1
Posted
4 hours ago, Blotto said:

theta and lower volatility is having its way with me. back to my buyin price. may bail if things dont pick up soon. The play was clearly to get in at the market open yesterday

This is the way

Posted
2 hours ago, ATexanAbroad said:

picked up the big boys yesterday towards the bottom, AAPL, BA, GOOG, FB, WFC, XOM and made 2.5-3% on all of them by close. what a day.

They are on sales again today!

Buy the dip 😁

Posted
10 minutes ago, Viper said:

Is it just UUUU or all uranium?

Its pretty much the entire sector. If you chart UUU vs the Uranium ETF (URA), they track along with each other pretty well

image.thumb.png.d591972112aaf5b5403cbea955cd47a6.png

 

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...