The longer period divergence is not there. It is looking ok on the shorter bars. I do not have a lot of experience on the Pennys. Killing it wtih NUGT and GOLD today though.
Guys I did an arbitrage on this one, I'm so proud of myself. $1 put at $.35 100 shares purchased at .64
the government? There's a report going around about a lot of airlines that could go bankrupt by end of the month I wouldn't play with the airlines stocks but that's why I did some lottos on BA puts. Some large options activity there so I figured why not. Maybe I lose my $100, maybe I make $1000.
I'm going to ride out this current 2 min rally on the squeeze and see where the price goes. If divergence is still there, I'm jumping in.
I'm watching the 2 min. Let's see what happens as the when the 20 sma approaches the 200 sma. Price is getting volatile in that squeeze.
Set my JPM stop so I at least walk with $100. Thanks again Stagger. If it runs up the top line has come in for me to stay overnight. I don't think my stop will hit.
I'm holding most of my JPM longer-term. It's not far from March lows, where there is strong price support. I like JPM more than any other bank stock.
CPE is looking good to hit the 20/200 cross on the 2 min. If it makes that, look for resistance at the 15 min 50 sma around $.705, which in the short term lines up with the current day high.
stupid person help request: 5/15 $1 MVIS put. Do I just let it expire? If so, and assuming market price is $80, will the expiration trigger execution? Then I make the spread $1 - .80 = .20 per contract (100 shares), so I make $20? Which is basically break even? sound right?
APT lottos for 5/15. Bought this morning, sold half for 346% Taking smalls bets on these whale option activities from twitter is paying off. I'm sure it'll fail soon
At one point I thought they might be the best buy in the industry. But I've recently heard they're about to file bankruptcy so I don't know. Haven't really paid any attention to oil stocks in a couple months.
Yeah, this sounds less than good: https://www.reuters.com/article/us-...-for-debt-restructuring-sources-idUSKBN21J67Q
Sold, seeing negative divergence happening on them and the market. We may see a dip back and the banks were a big part of this mini rally
Taking on the debt at that cost was dumb...taking it on right before all of your profits dried up because of a pandemic is just unfortunate.
Did anyone stay on CPE? The drop stopped hard on the VWAP. I might take a position to hold overnight.
I sold for a .35 gain Seems to be nothing but bad news out there about them and there's a better chance they file bankruptcy than the stock pops again.
Another SPAC to watch, FMCI. Feel like this will be the next pump similar to VTIQ. Rumors about Impossible Burger, with the success of BYND this could get momentum. I'm in for a small position.
Was AFK since i sold JPM. Missed some profit but bands are narrowing and possible slight positive divergence so should get a little bump soon.
Away from keyboard? C'mon man...I think you've been in the investing threads too long. Not everything is a stock term.
Twitter rumors saying a financial stability report is coming out tomorrow at 4pm from the fed. Can’t find a good source on it.
Anyone get in on this? Was at $4.86 when I posted. Dropped to $4.51 in like 10 minutes. Up to $4.65 now. I'm watching for another short entry
I’m pretty surprised market is green on Thursday after unemployment numbers come out That never happens
options gurus: Is there a standard play people make when you buy long term options and they quickly spike in value? I bought some Jan 21 calls this morning and they’re up 20% since. I’m still bullish and plan to hold, but is there a move experienced traders would make?
Solid day today. Closed out all of my options until we move towards edge of ranges. 290-293 in SPY and a 26-28 in the VIX by end of day tomorrow would be sexy for some re-entry
Tomorrow will be interesting. Big day for options expiring with a huge net short position per CFTC (bullish) vs. retail and industrial data which should be gross
pacey Look at CRVL's day chart. Strong positive divergence. While the downward trend isn't pretty, there is a falling wedge pattern that suggests a bullish breakout, especially in light of the positive divergence