Came in to just comment on this, PYPL’s BNPL product segment grew 250% and took some more market share. I’d look into market share numbers before taking this bet honestly, not saying it’s not a play, but find some market share numbers. If they report their losing market share that’ll be really bad.
will do thank you
Grabbing some SOFI shares at this price level to play for their earnings tomorrow. Seems like it has some good support around $5.85.
I took AAPL 152.5c for this Friday at 3.48
Rationale is I’m seeing DXY and VIX making lower highs and SPX appears to be holding OK for the day at 4000. Also, AAPL has been showing relative strength to SPY/QQQ so I’d rather long AAPL instead of SPY/QQQ.
maybe good entry point for VET.
Two catalysts ahead, May 9 Victory day for Russia, VET ER on May 11, can wait until after those or play them.
Make that 3, CPI wednesday
grabbed some spy 380p may27’s
Scaled out at 4.00 (up from 3.48)
Just added some more SOFI shares to my position to hopefully play a small run tomorrow before earnings in AH.
Took a 5/11 SPY 390P. That selloff today slammed into what seemed like a rock-solid 4000 SPX line… and kept going. Seems like there is proper rotation into bonds now, though it needs confirmation. Even bitcoin threw up all over. Figure folks won’t sleep that well overnight, and might run to safety even more, tomorrow.
Considering riding XLY after CPI/PPI. Currently have puts for 5/13 at $150. And just sitting $1.00 above its 52week low. Given they have some of the faves TSLA, HD, and AMZN it could be a ride. As of close they dropped over ($6.00) or 4.25%
Any trouble trading XLY? Low OI across the chain and the spreads are garbage.
Good points, I haven’t sold my puts and first time trading them. So maybe not, thanks homie
Watching UPST for volatility at opening due to being abused after earnings. Likely doing put scalps as I expect there to be some initial panic, however I’m bi-gainsual I’ll ride it up or down
Scaled out at 5.29
Leaving 1 AAPL runner
Nvm I cut the last one too, at 5.5 here
Averaged down on tesla, picked up rblx 5/13 25p and coin 5/13 70p
Watching Party City #prty for possible scalps
This played out well. Picked up some 30p FD’s to ride volatility at a 1.05 cost average and I’m now out of all of them.
Also scalped AMC calls at open for the post earnings pop. Done for the day.
Putting in it’s opening range, looking for a break of lows or highs with a confirmation backtest for a scalp.
Same with the Q’s, that is currently trading a bit more bullish.