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05-11-2022, 01:36 PM | #12841 | |
Politically Incorrect
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Quote:
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05-11-2022, 01:42 PM | #12842 | |
Fish are scared of me
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Quote:
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05-11-2022, 01:43 PM | #12843 |
Mod Team
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S&P must hit about 3840 for a bear market? About 2.5% from here?
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05-11-2022, 01:43 PM | #12844 |
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AAPL is an interesting 1-minute chart to watch right now. Keeps trying to crack $146 but dip-buyers are bouncing it. Tug-of-war going on. If $146 cracks it's going to take out a lot of stop-losses, all the dip-buyers will be out, and it will speed up to the downside.
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05-11-2022, 01:45 PM | #12845 |
Fish are scared of me
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I would think Apple is the largest holding in mutual funds/ institutions across the board.
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05-11-2022, 01:52 PM | #12846 |
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$146 stop-losses just got taken out. Now we'll see if the HFT algos start buying and reverse it, or if it fades to $140.
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05-11-2022, 02:04 PM | #12847 |
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Grabbed some AAPL 5/13 $140 puts for 52¢ right here just for fun.
Not much of a closing bounce even though tons of shorts were likely covering. I think it tests $140 tomorrow, but if I'm wrong my position is small enough not to matter. Risking a couple hundred to potentially make a couple thousand. |
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05-11-2022, 02:07 PM | #12848 | |
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05-12-2022, 07:04 AM | #12849 |
Politically Incorrect
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Prepare thy anus, more hemorrhaging on the way
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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05-12-2022, 07:43 AM | #12850 |
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Sadly, there is a lot more pain to come.......
This sucks and gonna get worse.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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05-12-2022, 07:43 AM | #12851 |
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Just sold those AAPL 5/13 $140 Puts I posted about yesterday at $2.20. Only had 5 at 52¢, so paid $260 and sold for $1,100. Not too shabby for about ten minutes of actual market time.
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05-12-2022, 07:46 AM | #12852 | |
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I had (2) APPL $150 puts I bought earlier in the week for $1.22. I sold them way too early.
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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05-12-2022, 07:55 AM | #12853 |
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05-12-2022, 08:02 AM | #12854 |
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If AAPL cracks $140 it could bring the whole mkt down with it. Real close right here, at $140.15 as I type this.
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05-12-2022, 08:05 AM | #12855 | |
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I have left $50,000 in profits in TILRAY at the end of March when I had 220 contracts that shot up, then another $160,000 in FB when it shot up to $9,000 on a $1020 investment and I wanted to sell and buy puts but had too many day trades. I've been so right on knowing what direction but oh so wrong on getting out early on the winners and riding the dogs down to $0. Story of my life!
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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