BA at $169 looks like an attractive buy.
This is a gamble, but bought a FB Put $100 strike for next week. They 're planning to have physical stores likely to sell VR equipment which likely going to see the stock go down short term.
Picked up 2-AMC $18.50C for 5/20 expiry. RSI on 30 minute is pretty close to oversold(about 27 last I looked). This is extremely risky, so I wouldn’t mirror this on any other account. After all, it’s a meme stock, yeah?
Picked up a SPY FD 223p at that VWAP rejection. Holding till it touches support from earlier around 423.40 then cutting for scalp unless it keeps sinking.
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Out of it now. Good scalp
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Averaged down on my SPY 430c from earlier. Holding 2 total. Full position.
I don’t really use the 1 min other than seeing if there’s a trend within the 5 min candles, but I’ve found that the 50 MA on the 1 min acts as a insanely strong resistance. Already bounced off of it 3 times today and marked the top at 424.5. Rn it’s at 423.8 and I’m going to get puts if it rejects off the 50 MA on the 1 min again
Looking at puts if SPY rejects 423
We tapped 420 level, I sold for 48% ($330 gain)
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This may seem retarded, but I am thinking about entering calls around here. We are insanely oversold on the 5 min and heading lower, but the RSI isn’t going lower. We’re showing a bullish divergence on the 1 min, 5 min and 1 hour. Because of how oversold we are, I think that the risk/reward for calls here is very good. Also we are again very overextended from the moving averages so I think we should return back to the averages.
Going to take a december mkc put based on anonyman’s dd in the covid valuation thread. I agree that it’s valuation seems to high, I believe it’s only being held up by demand for defensive stocks and with my bearish outlook for the year I believe this is a good long term put play.
Out of this one, over 20% return - counting it as pure luck - sure it could be worth more later but I will never argue with huge returns
Mentioning SPY. This time and level would be the area you’d expect a reversal. Personally not getting in, but keep your eyes peeled for SPY to attempt an uptrend.
I’m looking to enter SPY call for a scalp from 421.45 to 422.5ish if spy does break above. 421.45 has been a strong level today and we rejected off multiple times. Breaking above 421.45 is also being above the 8/21 EMA (big bc we would be above the 21 EMA) and showing a follow through on the hammer candle and tweezer bottom on the 5 min
Risky Play - Grabbed some HOOD shares
the basis is a pop in spy combined with earnings on Thursday could move it up a bit - don’t plan to hold through earnings - would like to scalp for about .25 - .50 a share (stock gods willing)
If spy holds here I think it’s a double bottom, If it breaks down we’re going to 415.
Taking 1 SNOW $180 5/6 put here. I’ve had success over the last couple weeks with 1-week out SNOW puts on intraday run ups and taking profits at 10-15%, but to be clear this is more a risky trade than a “smart” trade.
Well, snow put at +10%, there’s my close signal
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this one didn’t pan out looking to dump at close - might be able to squeeze a nickel a share out of it