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  1. #3181
    720 Crew topperstyle's Avatar
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    Also lol at Rkt
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  2. #3182
    Trancebrah _zman's Avatar
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    Originally Posted by AverageKenneth View Post
    I've always done ok just doing the literal opposite of whatever Reddit says.
    A lot of that junk, speculative trading jumps over here. I just find it entertaining honestly.
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  3. #3183
    User Registered Carbonfibre's Avatar
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    there is nothing funny about RKT moving.

    they had insane earnings


    its finally moving which is should have been after being pinned to $20 for months


    I had some RKT calls expiring last week.

    Was just week off on timing damn it
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  4. #3184
    720 Crew topperstyle's Avatar
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    Originally Posted by Carbonfibre View Post
    there is nothing funny about RKT moving.

    they had insane earnings


    its finally moving which is should have been after being pinned to $20 for months


    I had some RKT calls expiring last week.

    Was just week off on timing damn it
    Don’t forget the divvy
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  5. #3185
    User Registered Carbonfibre's Avatar
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    Originally Posted by topperstyle View Post
    Don’t forget the divvy
    Also WSB effect

    there was 10+ DD over the weekend saying RKT short squeeze etc. usual try and get people to pile in

    they got enough reddit to jump onboard.

    options is wsb thing and it can be seen all over weekly March 5th expiry.


    right now RKT is number 2 trending on wsb

    option traded volume is 4th overall for today.

    last year they drove RKT to $34.

    wonder if they do it again.
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  6. #3186
    720 Crew topperstyle's Avatar
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    Originally Posted by Carbonfibre View Post
    Also WSB effect

    there was 10+ DD over the weekend saying RKT short squeeze etc. usual try and get people to pile in

    they got enough reddit to jump onboard.

    options is wsb thing and it can be seen all over weekly March 5th expiry.


    right now RKT is number 2 trending on wsb

    option traded volume is 4th overall for today.

    last year they drove RKT to $34.

    wonder if they do it again.
    Based on your experience and using current option movement, where do you see this headed?
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  7. #3187
    User Registered Carbonfibre's Avatar
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    Originally Posted by topperstyle View Post
    Based on your experience and using current option movement, where do you see this headed?
    I want to say $25 should be its new level.

    Right now this run is being driven by gamma squeeze all the call buying OTM.

    When this is cleared this Friday it will settle.

    Last time when it peaked it fell back to $20. To be fair that was September which wasn't such nice market month overall.
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  8. #3188
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    gotta catch up on this thread, didn't do any thinking about the stock market all weekend. felt surprisingly good

    up $90k in January, then down $15k in February

    hopefully March brings the tendies

    I'm getting my first taste of time decay on my calls. all my covered call stocks are shooting up like 5% today, but the value of the calls is still decreasing. feelsgoodman
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  9. #3189
    Registered User Harry362's Avatar
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    Green on everything except for Affirm

    dunno what that stonk is doing
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  10. #3190
    720 Crew topperstyle's Avatar
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    Originally Posted by Carbonfibre View Post
    I want to say $25 should be its new level.

    Right now this run is being driven by gamma squeeze all the call buying OTM.

    When this is cleared this Friday it will settle.

    Last time when it peaked it fell back to $20. To be fair that was September which wasn't such nice market month overall.
    Almost makes you want to see if you can jump in front of the likely wsb pump.

    Leaps?
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  11. #3191
    User Registered Carbonfibre's Avatar
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    Originally Posted by topperstyle View Post
    Almost makes you want to see if you can jump in front of the likely wsb pump.

    Leaps?
    Buying leaps now doesn't make sense as they are pricey.

    I am going to wait.


    Might take flyer on 28C March 5th.

    If this start to move toward 25$
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  12. #3192
    Registered Bigot BulkingIsHard's Avatar
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    Lol I was gonna buy puts for today since Venom was fear-posting but I guess we're green now
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  13. #3193
    test the limits RobParks2M's Avatar
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    Originally Posted by BulkingIsHard View Post
    Lol I was gonna buy puts for today since Venom was fear-posting but I guess we're green now
    Now you know what to do when you see Venom posts.
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  14. #3194
    User Registered Carbonfibre's Avatar
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    Originally Posted by BulkingIsHard View Post
    Lol I was gonna buy puts for today since Venom was fear-posting but I guess we're green now
    nobody has magic crystal ball.

    yields cooled off, market retracing what it lost last week.


    if you're trading short 6 months or less every headline matters.


    if you're long than just hold. never sell
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  15. #3195
    Registered User Heaney's Avatar
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    Originally Posted by BulkingIsHard View Post
    Lol I was gonna buy puts for today since Venom was fear-posting but I guess we're green now
    Rule of thumb is to do exactly the opposite of what he does and enjoy the gains.
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  16. #3196
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  17. #3197
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    Originally Posted by Heaney View Post
    Rule of thumb is to do exactly the opposite of what he does and enjoy the gains.
    Fuk you. markets began tanking and closed near the lows on Friday. Everything was setting up for more selling this week. I'm done fuk this chit.
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  18. #3198
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    CTYX crew over 250% again crew. not selling, git rich or die tryin crew

    optimus crew, autobots roll out
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  19. #3199
    720 Crew topperstyle's Avatar
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    Originally Posted by Venom08 View Post
    Fuk you. markets began tanking and closed near the lows on Friday. Everything was setting up for more selling this week. I'm done fuk this chit.
    Calm down brah
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  20. #3200
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    Originally Posted by Venom08 View Post
    Fuk you. markets began tanking and closed near the lows on Friday. Everything was setting up for more selling this week. I'm done fuk this chit.
    My man. I was keeping my fingers crossed, I was hoping for Dow 10k by end of week.
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  21. #3201
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    Originally Posted by thatsnarf View Post
    CTYX crew over 250% again crew. not selling, git rich or die tryin crew

    optimus crew, autobots roll out
    Took out my original investment after she doubled from $0.07. Now just watching the house money take off.
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  22. #3202
    Registered User mikusk's Avatar
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    Originally Posted by thatsnarf View Post
    CTYX crew over 250% again crew. not selling, git rich or die tryin crew

    optimus crew, autobots roll out
    das it


    buy under 20 cents or regret it later, this bad boy is going to be trading in dollars eventually.
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  23. #3203
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    Originally Posted by thatsnarf View Post
    CTYX crew over 250% again crew. not selling, git rich or die tryin crew

    optimus crew, autobots roll out
    Had been struggling a bit lately. Nice to see it mooning again.
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  24. #3204
    IRONMAN camaleom's Avatar
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    everything green but I haven't made a dime fukkkkkkkkkk
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  25. #3205
    User Registered Carbonfibre's Avatar
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    option volume on GME 800C expiring March 5th is idiotic.

    people are seriously gambling that GME will explode again this week.

    if it does watch the market do opposite of GME.
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  26. #3206
    Longtime Lurker PositiveCrew's Avatar
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    Originally Posted by Carbonfibre View Post
    option volume on GME 800C expiring March 5th is idiotic.

    people are seriously gambling that GME will explode again this week.

    if it does watch the market do opposite of GME.
    the DD behind the squeeze happening on 03/19 is pretty good IMO

    that or I've gone full WSB retard

    wish Fidelity would let me sell naked puts. $60P for this Friday is like $400 premium rn.
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  27. #3207
    User Registered Carbonfibre's Avatar
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    Originally Posted by PositiveCrew View Post
    the DD behind the squeeze happening on 03/19 is pretty good IMO

    that or I've gone full WSB retard

    wish Fidelity would let me sell naked puts. $60P for this Friday is like $400 premium rn.

    I can understand 3/19.

    But March 5th.

    Look at that theta crush

    During this squeeze last week GME got only to $170.


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  28. #3208
    Registered User Harry362's Avatar
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    Originally Posted by Venom08 View Post
    Fuk you. markets began tanking and closed near the lows on Friday. Everything was setting up for more selling this week. I'm done fuk this chit.
    What are you gonna do with your stimulus check?
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  29. #3209
    Registered User RightOnSchedule's Avatar
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    Originally Posted by thatsnarf View Post
    CTYX crew over 250% again crew. not selling, git rich or die tryin crew

    optimus crew, autobots roll out
    we're all gonna make it

    live free or die bugman crew
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  30. #3210
    Registered User xxAchillesxx's Avatar
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    Originally Posted by thatsnarf View Post
    CTYX crew over 250% again crew. not selling, git rich or die tryin crew

    optimus crew, autobots roll out
    Anyone know how long Optimus is banned for? Would like to know his thoughts on some other plays that might be coming up.
    **Doesn't have a sig crew**
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