Possible pharma buy out. Unsolicited offer for a substantial premium to current share price.
Up 1.58 ah, should run in pre market as well. Offer is 10.50/share. Might be a good scalp tomorrow but they specifically stated no formal offer has been placed in this release so it is a developing situation.
Sold everything I could get out of so I could have cash the start scalping next week. Profit on bbai, vuzi and my one spy put (sold this way too early morning run up hit my trailing stop)
I have a zyme position 7.5c and 10c that’s currently even(risky play based off potential buyout)
Closed xela shares because I don’t feel like calling my broker to do offer, still have a few calls incase it moves
Exited yesterday’s strangle at over 4% profit.
Looking to start new SPY strangles for May 4 and May 6 opex.
FOMC play. I expect to average down as needed.
Also looking to add to my AMC May 27 calls.
May 9 is their ER date, ah.
Entered a monthly Costco put off of this logic. It will steadily go down if spy either trades sideways or down and the rest of the thesis is based off conq’s forum post. Not much left to hold this stock up anymore
don’t forget about the boomers
Right now just looking at ARKK puts. I’m looking at either a pump to the daily 8 EMA to $52 to get puts or a break below $49 to get puts
May put off scalping until Tuesday, decided to play a couple straddles for earnings next week, will keep me from buying spy puts today because Fridays are not good spy days for me (I once had a $9k loss on Friday puts due to a completely random fake pump just because-or possible massive put closures I guess)
Para(7.5% implied move) amd(8% implied move) and a random not er related gme straddle. Will sell Monday as an iv play.
Inverse cup and handle on spy?
I picked up one 5/6 700p on Tesla that I’m holding over the weekend and then switching to call near/after fomc meeting next week
415 Is support on spy. Stay frosty boys
415 go fucked, next support is 411 which @rexxxar called earlier this week
Read the chart wrong, looks like spy is bouncing off of 415 but I’d be careful as its bounced off of previous support levels then dumped hard earlier today.
Entering XLV calls. Has been for the most part withstanding SPY’s abuse.
In 135 calls for May 20th and June.
Health Care isn’t a bad spot to be in when you’re dealing with a potential recession.
Its no bags again. I see spy dumping through “power hour” after that 415 break and close.
SPY at the top of the down channel. Easy put play right here, tight stop as it might go full retard but I don’t see that happening
Trimmed half of my SPY 06/17 410p here at 15.00 (up from 11.00).
Will re-enter hopefully next week on a relief rally.
Wtf this is insane. I’m all out of my SPY 06/17 410p here at 16.11.
Entered MOS strangles. 30 contracts only.
Will post gains on my thread after I exit.
My strangle ticker choices will be posted here, moving forward.
Sold my Tesla put for 140%
switching to calls for now, grabbed one Tesla 1200c 5/20