If the market goes bearish tomorrow. What is an example of a ticker put option you'd buy to try and maximize?
$SPY? $UVXY? $SQQQ? $TSLA? $AAPL?
Something that had a strong bullish run today and play the flip tomorrow? etc
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Anyone investing heavily this year??
- Thread starter rph2005
- Start date
If the market goes bearish tomorrow. What is an example of a ticker put option you'd buy to try and maximize?
$SPY? $UVXY? $SQQQ? $TSLA? $AAPL?
Something that had a strong bullish run today and play the flip tomorrow? etc
To be fully honest, I am advising my family to only do what they can afford. Some contracts are around $100, some are $1000+. So, just do what you can afford. It gonna be a total market shift. You can use robinhood or think or swim to see what is trending up before the market opens. Also, turn your TV to cnbc or fbn and leave on. Just pay attention to watch is happening live. Get in and get out. The day after, the market will likely reset from the crazy day. You can always jump back in the next day.
Again, I do not advise holding any contract that you purchase tomorrow overnight. However, you are free to do as you wish.
Even if you only make $50 or $100, it is still $50 or $100 more than you had. And now you have a bill paid for the month.
Wonder if the shorts will come in at the bell.Damn. NIO is at $37 in pre-market
Listen man, everything is up, except airlines. Today is the day to be aggressive!!!!!! Get your profit, hold until you see a nice profit. Sell, and do your money dance!!!
Lets go.
Lets go.
Bout to push the button on NIO $38 call option at .56. gonna sell before noon.
Lol!! I'm out already. Had calls with NIO and MSFT
Netted $3250.00
There is still time to catch today's wave. Please do not miss out. Do not buy around lunch. Wait for a dip, then buy.
Netted $3250.00
There is still time to catch today's wave. Please do not miss out. Do not buy around lunch. Wait for a dip, then buy.
Get out. Tomorrow is unpredictable. You can always get back in with a portion of your profits.i know there are a lot of happy mofos out here today.
not sure what to do with these cvs options. 17k in a week. i think i'm a cash out today. it's wifey's bday. buy her something nice. but it's so haaaard (in my fat joe voice)
Always secure profits.
i know there are a lot of happy mofos out here today.
not sure what to do with these cvs options. 17k in a week. i think i'm a cash out today. it's wifey's bday. buy her something nice. but it's so haaaard (in my fat joe voice)
I wanna be like you when I grow up. Good job Sir
i did. sold 80 options. still got 20 in the game. already took out my initial investment and some and still got some more left on the table
I wanna be like you when I grow up. Good job Sir
thank you sir. it's been a long road filled with bumps and bruises. but the scars make you tougher and smarter
For sure. My scale is way lower. Still learning 1 contract at a time. I had a Nov 6 CVS call too (59.5) but freaked out about week or so ago and bailed too soon. I think it dipped so I was too cautious with the short exp date and wanted to recoup what I could. Oh well, next time.
Appreciate everyone that shares their experiences though. It def reduces the learning curve for folks like me.
Thank for the info, I always check in with you in the AM before I make any moves.
This was my move. I went in solid on a bunch of stuff on my list last week and early this week and tech blew up this AM! I def left money on the table as I secured profits around open but finished up $200 on the day. That’s big for my account.
Only thing left are some NIO $39 calls for dec that I almost sold today, a couple SNAP spreads, AMC duds and a yolo solar play when Biden is confirmed the victor. Great day!
Yeah, it's looking like tomorrow will be another money maker. Again, I suggest getting in early, make your money, and get out. Look at anything except airlines. They are still too unpredictable.
Anyone have advice on some “weed” plays?
My friend telling me to play the cheap one “aphria”. $APHA
My friend telling me to play the cheap one “aphria”. $APHA
starting out i wouldn't be doing short weekly options. gotta do at least monthly options. give yourself time to see and learn how the price movements flow
i am avoiding them like the plague. i lost almost $40,000 in one day two years ago fucking around with tilray. that was the day they halted trading on it. wiped out all my gains for the first 3 quarters of the year. never again.
Yea typically I give myself at least a month...and I've only been doing them with companies Im already long and have been following. Def a good path to follow.
Shiiiiiiiit! It's was a free for all today. I rode my NIO and MSFT call options up to 75% gains.
If the stats are correct, we should be having at least one more day of total market gains.
For all of the new options players, consider doing a small contract with NIO in the morning to help you get comfortable buying and selling options. I will share my play.
Tonight, make sure your robinhood or think or swim accounts are set up to trade options.
Could you redirect me to the post that you showed how to get started with options?
No problem. Give a lil time to find it.
Hey guys. It's looking like there will be a slight market pull back today. If you got call option profits out there lock them in early.
Also, consider opening a couple of put option contracts today.
Also, consider opening a couple of put option contracts today.
Man that's what I am on right now. How do learn options to pay off my student loans..lol Good for you brojust as i suspected CVS blew everything out of the water. i took a gamble yesterday. listened to their earnings call this morning. i think i am about to cash out. gonna pay off the rest of my student loans tonight.
just watched a lot of youtube videos about two years ago. that's when i started trading options. i am not an expert by any means. i don't get into the nitty gritty either. i just go by simple common sense and do some due diligence. and also, look, i have made a lot of mistakes. i have been investing for about 12 years now. so i have made a lot of mistakes. that's basically it bruh
just as i suspected CVS blew everything out of the water. i took a gamble yesterday. listened to their earnings call this morning. i think i am about to cash out. gonna pay off the rest of my student loans tonight.
..Yup. They did well this Q and just announced the CEO transition. I wish I would've stuck with my call a bit longer but I know in my heart I would have never waited for this power move so close to my exp date (Nov 6) so it's all good.
I'm long term with these blokes so I'm gonna continue to follow the price action and maybe try to take advantage the next time around. Still down from their 52 week & all time highs..I'ma true believer (for now)
$APVO hit $80 in A/Hs. Talk about manipulation!