The Investment Thread (3 Viewers)

[SaintInBucLand]

Now I am wondering if I should get calls in the morning or just watch on Friday. I have a few positions that are all mostly in the black right now.. May just sit back and enjoy this soft landing Powell predicted lol

 

[St. Geezy]

Now I am wondering if I should get calls in the morning or just watch on Friday. I have a few positions that are all mostly in the black right now.. May just sit back and enjoy this soft landing Powell predicted lol

Depends....it's coming down some here (currently at 34%) and I'd imagine the MMs don't want to pay out too much on tomorrow's calls, so they may bring it back to sub $3.5 or possibly even sub $3 before letting things resume next week. Would not surprise me if they whipsaw it a bit back and forth tomorrow to get that I.V. kicked up for future dates though.

This is the thing that sucks about options, in that you can only trade them during market hours. If they were tradable in After Hours, I probably could have cashed out some crazy gains on that run up on some of my positions.

 

[St. Geezy]

35k open interest on calls at $3.0 tomorrow....if the MMs allow those to land ITM, the gamma ramp is going to be insane these next couple of weeks.

 

[St. Geezy]

Dammit...studied this one last night and this morning, but didn't pull the trigger.

 

[Turfie]

Super interesting. This is BRK-A. Berkshire Hathaway that trades at 480K a share. Ever since the January squeeze the trade volume shifted drastically from NYSE (aqua) to off-exchange (white).

 

[Turfie]

Dammit...studied this one last night and this morning, but didn't pull the trigger.

That’s the girl I had my eyes on and never took the gamble. That and ATER.

 

[St. Geezy]

HYMC is dumping, for now at least. Wonder if the MM's strategy yesterday was to make it appear there was no market on the Puts in order to prevent people from buying. Even with the ticker trading in the $1.58 to $1.62 range, the 1.5p's weren't catching many bids.

I still have a good bit still at $.03 per cost average, which I bought after the ticker failed to breach $2 for the second time and started coming down hard. Hoping to flip them for at least a 300% profit today if this dump continues.

In fact, I am starting to come around to the idea of buying shorter term puts on runners. I think you'll find yourself winning way more times than not on those, easily.

 

[SaintInBucLand]

Bausch & Lomb IPOs today at $18 a share, which is under expectations from the market. I guess they came in lower on the IPO to spur buying because of the weak market.

 

[St. Geezy]

HYMC is dumping, for now at least. Wonder if the MM's strategy yesterday was to make it appear there was no market on the Puts in order to prevent people from buying. Even with the ticker trading in the $1.58 to $1.62 range, the 1.5p's weren't catching many bids.

I still have a good bit still at $.03 per cost average, which I bought after the ticker failed to breach $2 for the second time and started coming down hard. Hoping to flip them for at least a 300% profit today if this dump continues.

In fact, I am starting to come around to the idea of buying shorter term puts on runners. I think you'll find yourself winning way more times than not on those, easily.

Update: The MMs are refusing to provide liquidity to the 1.5 puts on HYMC, even with them being in the money right now.

Don't know if I have ever seen anything like this before.

 

[SaintInBucLand]

Rivn yet again looks like they are stringing their future customers along.

 

[Turfie]

FUBO 6 month chart

 

[St. Geezy]

Why would EVGO's earning's estimate be so low for this quarter, after reporting themselves in profit last quarter? Are the MMs intentionally creating an "earnings blowout" narrative on this security heading into next week?

It's also noteworthy that they have 100% short utilization.

 

[St. Geezy]

Wow, so the HYMC 1.5 calls aren't even getting bids right now, with the stock trading at 1.55. I have truly never seen this before. They've pinned this security all day.

An 86m volume day followed up by a 12m volume day. Incredible.

 

[DaveXA]

Wow, so the HYMC 1.5 calls aren't even getting bids right now, with the stock trading at 1.55. I have truly never seen this before. They've pinned this security all day.

An 86m volume day followed up by a 12m volume day. Incredible.

Always something. It's the Wall Street way.

 

[Turfie]

Looks like we are going up next week boys.