Door dash up 78% on opening day LOL. There is no way to look at the business model and think it’s sustainable. They lose money hand over fist and that shit still costs 2x as much as if you went and got it yourself.
Scalped it after a halt, held some after hours hoping for a run. Got out for a minor gain. I missed the big move.
Everything Ive read, says they'll be overvalued, especially in this climate with IPOs recently and DASH skyrocketing yesterday.
I've made like $100-$400 every day for the last few weeks day trading. Lost every penny of it and more yesterday
NBR has been very very good to me and seems to be withstanding this sell off. Have a big bet on GEOS posted a few days ago. MRO is a new bet I put in yesterday mid morning.
What's your thought process behind Marathon? Last I heard their entire Midcon play (Oklahoma) was shutdown. Not sure if they restarted their bakken yet. Permian was slow with oil prices. Are you thinking the OPEC+ production cut gets them back?
I did not get any AirBnb shares. No surprise but... damn that would have been nice. Its going to be up 120+% the second it hits the open market.
My HC^2 bounced up 60% after the bell rang but it didn’t trip my trailing stop order on the way back down. Anyone have that problem? Is it only applicable during trading hours?
As far as I know the stop orders are only for trading hours. But I have only been trading for about 8 months. Before that I let it all sit. I did not know what i was missing. Or, how much money i was not getting.
DIS up almost 10% on investor day announcements. Sitting on some 1/15 160c that are about to priiiiiiiint at open.
I sold LUV and DIS in September thinking it would crater with restrictions in the fall. I also bought AMD for 25 in 2017 and sold for 35 in 2018. I'm so bad at this.
Market looking bullish heading into at least late Tuesday. Gonna try to pound my favorites with big size Monday at the open as long as we don't gap up too high.
I've been getting an error/crash alert when I attempt to open in Chrome, for like a week. I can access the login screen, but it crashes and won't load when I click Login. I assume its a browser incompatibility and if I tried to access from a different browser or the app, it would work, but I haven't tried that yet.
I've been getting a bunch of warnings that I have expiring options but I'm not holding any options at all right now.
I'm seeing a lot of good analysis on steel stocks and other raw materials. I might go full 1800s and yolo into oil and steel calls for spring-summer 2021.
Would you mind sharing the one or two reports you found most helpful on steel? one of our steel contractors sent an email about “rapid rise of steel prices” this week and we kind of laughed as it was easy to read as a “buy it now before the price goes up!!” sales piece but if there’s more to it I would love to read about it. thanks.
In October I picked up a decent chunk of O&G. Total, Royal Dutch Shell, Lukoy, EPD, Enbridge, MMP, and the IXC etf all had dividend yields of 10+%. Now I'm hoping for a bit of a pull back because they all took off far quicker than I expected.
https://www.google.com/amp/s/www.cn...cent-to-a-record-high-on-supply-concerns.html https://www.wsj.com/amp/articles/so...-bets-on-global-economic-recovery-11607250600 https://www.metalbulletin.com/Artic...-Prices-hit-highs-on-tight-global-supply.html Looks like it is going to be a timing play. There were also a few threads made on the WSB subreddit. MT seems to be the popular meme stock over there now which means it may be too late.
blackberry has their earnings report tomorrow hopped into some 1/22/21 $10 calls fully expect it to blow up in my face
Sup boys, took a break from trading other than leaps the past few weeks. Felt super liberating JMIA has been killing it for me lately. Love it long term. Still holding heavy JD bags for June and January 2022 expirations. Down about 13% on a cost basis standpoint. But still feel great about them long term
I’m actually getting out of my materials stocks at the moment. I dumped all of my FSTR and ARCH (steel) plus most of my FSUGY, VALE, and VRTV (iron), GFI and BTG (gold) this week. TIFWIW. I kept my HAYN, though.
Always check the index options on M/W/F. It's not a guarantee, but it gives some perspective on how people are positioned. Today 370 was the strike with a ton of calls and puts, so 370 pin made a ton of options expire worthless. Buying SPY 371 puts at around the low of the day (low of day in the SPY 371 options, so high of the day in the SPY index) in the last hour was the lock trade of the day in my mind. If you had the balls to play 0DTE you pulled an easy 100-200% out of it. Last two hours had volatility because Jerome was talking.
Still feeling bullish here as VIX expiration was this morning. Quad witching as they say is this Friday and as noted above, SPY 370 is again a strike with massive option holdings. I think upside is a bit limited the next two days because of that, but don't get shaken out of positions you're holding if any selling comes through. Nothing wrong with staying cash until Friday close either.
lol man you love doing that don't you? Remember that the IV is super jacked right now and will drop off unless something crazy happens. I think BB is actually going much higher on a longer timeline, so it wouldn't surprise me if they actually dump it tomorrow to make people sell. GL with that I'll be watching for sure.