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Old 02-26-2021, 12:44 PM   #2721
MJK
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Anyone actually check out CMC? A lot of red today but check that one out!
Up 70% today...kablooom! I am in on this one at 0.17...sold half this morning at 0.59 then it shot up again. What a ride.
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Old 02-26-2021, 01:05 PM   #2722
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Up 70% today...kablooom! I am in on this one at 0.17...sold half this morning at 0.59 then it shot up again. What a ride.
I was waffling on this at .55 today as it was moving downward, shoulda bought.
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Old 02-26-2021, 01:14 PM   #2723
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I missed out on CBDT by a few cents around the 35 cent range because I got greedy and tried to wait on a drop. I felt that what they were doing fundamentally made sense in the 30s and still makes sense now as a medium to longer term hold. I nabbed some at 99 cents today. Better late than never.

I don't feel like they will be as impacted when Covid is over than what others are predicting, but even if it's impacted, I think there's still bank to be made at the $1 range.
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Old 02-26-2021, 02:31 PM   #2724
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Up 70% today...kablooom! I am in on this one at 0.17...sold half this morning at 0.59 then it shot up again. What a ride.
I had set a buy order for this morning for 0.47 that got filled. In for the ride, but not a huge amount.
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Old 02-26-2021, 02:51 PM   #2725
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I bought my first call option on Monday, expires today. just a small test with 1 contract that cost $165 for the premium.



It's bad today, do I need to do anything to "not buy or not act on it"? I am willing to lose my premium and not act on buying the shares.


Been on hold with my bank for 4 hours... 9 minutes left today in the market.
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Old 02-26-2021, 02:52 PM   #2726
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If its below the strike price you can't execute it anyhow. If you're above the strike price then just sell the contract rather than execute it.
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Old 02-26-2021, 02:55 PM   #2727
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strike was $27.50, its at $22 today.



So, I can just leave it be? I definitely am just trying to avoid buying it over market price.
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Old 02-26-2021, 02:57 PM   #2728
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strike was $27.50, its at $22 today.



So, I can just leave it be? I definitely am just trying to avoid buying it over market price.
What's its current value 0.01? with bid at 0.00 and ask at 0.01? It's worthless at this point. Shame it wasn't a put, you'd have almost a 5 bagger. Welcome to degenerate options gambling, it's extremely difficult to do well.
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Old 02-26-2021, 02:59 PM   #2729
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If you want to dip your toes on options, buy the contract at whatever direction you think its going late in the day of expiry. You avoid the theta burn and you can get a decent idea of what its all about. It should always be basically at the current strike and you take whatever side you think.
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Old 02-26-2021, 03:00 PM   #2730
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What's its current value 0.01? with bid at 0.00 and ask at 0.01? It's worthless at this point. Shame it wasn't a put, you'd have almost a 5 bagger. Welcome to degenerate options gambling, it's extremely difficult to do well.

My crystal ball said it was going to go up!


tough week for the big red days.



I am looking to get into call options, as it actually adds more protection than some of my equity purchases.
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Old 02-26-2021, 03:03 PM   #2731
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Put options are what someone would buy to hedge the downside on their long equity positions. If you have long equity and are buying calls you're increasing your exposure to the same position.
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Old 02-26-2021, 05:42 PM   #2732
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I took a small position in this. They bought Lion, who manufacture EV buses. I think a lot of places will look to improve infrastructure by replacing their fleet and public transport vehicles, and this company is one of the few who can accommodate that.
I missed it today because I'm a dumbass cheapskate.
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Old 02-26-2021, 08:40 PM   #2733
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PLTR and SPCE are buy now prices...
I loaded my long term with both.
Min 60 and 70 upside inside 3 months imo.

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Old 02-26-2021, 08:42 PM   #2734
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I picked up some SPCE today. Was eyeing it for sometime.
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Old 02-26-2021, 11:25 PM   #2735
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PLTR and SPCE are buy now prices...
I loaded my long term with both.
Min 60 and 70 upside inside 3 months imo.

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Why 70?
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