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05-12-2022, 07:43 AM | #12856 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $841110
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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 | #12857 |
MVP
Join Date: Oct 2011
Location: Chandler AZ
Casino cash: $1331004
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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 | #12858 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $841110
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Quote:
I had (2) APPL $150 puts I bought earlier in the week for $1.22. I sold them way too early.
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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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Posts: 52,827
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05-12-2022, 07:55 AM | #12859 |
MVP
Join Date: Oct 2011
Location: Chandler AZ
Casino cash: $1331004
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Posts: 13,757
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05-12-2022, 08:02 AM | #12860 |
MVP
Join Date: Oct 2011
Location: Chandler AZ
Casino cash: $1331004
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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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Posts: 13,757
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05-12-2022, 08:05 AM | #12861 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $841110
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Quote:
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!
__________________
"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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Posts: 52,827
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05-12-2022, 08:20 AM | #12862 | |
MVP
Join Date: Oct 2011
Location: Chandler AZ
Casino cash: $1331004
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Quote:
Looks like things are bouncing. Actually pretty decent sell on my $140 puts. They hit a high of $2.45, so $2.20 ended up being a pretty good place to bail. |
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Posts: 13,757
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05-12-2022, 08:30 AM | #12863 |
MVP
Join Date: Oct 2011
Location: Chandler AZ
Casino cash: $1331004
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Speaking of selling too soon, a buddy of mine who's in the same trading group as me texted me about 30 minutes ago saying he bought 7 Tesla $700 Calls at $15 this morning during the first dip. He got in a bit too soon and went red as it kept dropping, so he panicked and sold when he got back to breakeven. Those $700 calls are selling for around $50 right now, so he left over $20k on the table.
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05-12-2022, 09:27 AM | #12864 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $841110
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I did buy 170 calls on Tilray (TLRY) at an average of $3.59 per contract this morning. Right now they are at $11.00
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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, 09:47 AM | #12865 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-99523
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Posts: 40,651
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05-12-2022, 09:53 AM | #12866 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $841110
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What fun is that?
Robinhood for my Options trading and Wells Fargo for my investing as it's tied to my Bank Account. I used to use Scottrade and I LOVED it. Best platform ever and when they got bought buy TD Ameritrade I just didn't like it.
__________________
"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" |
Posts: 52,827
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05-12-2022, 09:56 AM | #12867 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $841110
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We really could use a positive close today. If this market tanks again that will be bad for the market psyche.
__________________
"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" |
Posts: 52,827
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05-12-2022, 09:58 AM | #12868 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-99523
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Quote:
I sold BROS this morning at 22.20 getting my 10% and it continued to run to 26. Could have made 28%. |
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Posts: 40,651
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05-12-2022, 10:58 AM | #12869 |
Colorado Chief Fan
Join Date: Feb 2006
Casino cash: $6023147
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RIVN- Rivian is having a nice day. Reservations are up despite a 12000.00 price increase. The demand is there. Still not ready to jump in but I think its a good one.
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Posts: 5,644
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05-12-2022, 11:14 AM | #12870 |
Sapere Aude
Join Date: Jun 2001
Casino cash: $1857937
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Ehyeh asher ehyeh. Donger's Razor: "The most establishment-friendly explanation that gives leftist and neocon politicians the most amount of cover is the only possible explanation, even when gaping holes and leaps of logic are required to get there." |
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