aznt1217
Active Member
Out half my puts for 500% gain. Letting the rest ride for now.
Teach me to be like you lol.
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Out half my puts for 500% gain. Letting the rest ride for now.
Teach me to be like you lol.
Don't get me wrong. I'm losing a lot of money today. Just a lot less than I would have if I didn't have those puts. Just a hedge.
At this point I don't think there is anything that keeps us from visiting the 200-day. I'm looking to buy hand over fist at $225-$230. I don't think we'll see that level today, but probably in the not-to-distant future.
For future reference: just keep in mind that owners and fanboys get excited about product announcements. Investors get excited about financial announcements. Expect to see "buy the rumor, sell the news" when it comes to product announcements. Expect good financial news to shoot the stock up after it is released.
Maybe you can look at a long strangle next time, flux cap did that and would probably be better than simply hedging the calls in these market conditions...? just a suggestion..
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Adam Jonas live now..
Adam Jonas live now..
Can you please keep us in the loop?
Thanks in advance
I've been aggressively buying on the way down (instead of looking for a bottom because I've seen a lot of days recently where my target price never executed).Tech and many other stocks down sharply today. I'm adding LEAPS
I must say I am very surprised of todays price action, I knew the market wasn't completely rational but this is just dumb. I think the selloff has been sparked by general market pessimism and specifically a serious selloff in "green" stocks, the solars have been hit incredibly hard lately. Looks like we just bounced hard at least, so thats something.
Can you please keep us in the loop?
Thanks in advance