Investing General Discussion

Jysin

Jysin

Bronze Baronet of the Realm
6,840
5,012
Blazin said:
Just sold SPY 211015P410 14 contracts.

Not a call of bottom obviously or the strike wouldnt be that far out of the money. Given negativity I'm leaning towards bottom being set this week, likely near the July bottom.
Click to expand...
SPY 425 being the next big pivot below current level. SPY July low 422.97
 
  • 2Like
Reactions: 1 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
46,881
131,913
Wrote the $26 strike puts on T expiring 10/15 (just before earnings). 39 cent premium. If i get assigned and they cut the dividend in half its still a 4.06 div yield. If they dont cut it its 8.12%
 
  • 1Like
Reactions: 1 user
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
46,881
131,913
I think the close today is going to tell us a lot. Does big money step in and start buying at a discount or does it get crushed further at 3:51.
 
Blazin

Blazin

Creative Title
<Nazi Janitors>
7,419
37,332
Sanrith Descartes said:
I think the close today is going to tell us a lot. Does big money step in and start buying at a discount or does it get crushed further at 3:51.
Click to expand...
We dont want any bounce today we want red at open tomorrow that turns green. Bounce today is wasted energy.
 
  • 3Like
Reactions: 2 users
Jysin

Jysin

Bronze Baronet of the Realm
6,840
5,012
100%. We need panic sell into the close. Gap down tomorrow, then real panic capitulation into complete emotional oversold market. Once we bounce, you buy-in strong.

As Blazin said, a bounce here would likely just result in chop tomorrow.
 
  • 2Like
Reactions: 1 users
Blazin

Blazin

Creative Title
<Nazi Janitors>
7,419
37,332
I want this dip to buy me a new truck, I should be posting fear bear porn. Will be buying tomorrow morning if we are red. No more buys today.
 
  • 1Solidarity
  • 1Like
  • 1Worf
Reactions: 2 users
Shonuff

Shonuff

Mr. Poopybutthole
5,538
791
Made roughly an easy 4% shorting today, best day in a while (including TSLA). When market sentiment is this crappy, its like taking candy from a baby. I closed my shorts when I got buy signals on everything in power hour. Not buying anything right now, sitting at 20% cash still.

9-20.JPG
 
Last edited:
Kiroy

Kiroy

Marine Biologist
<Bronze Donator>
35,894
105,284
Jysin said:
100%. We need panic sell into the close. Gap down tomorrow, then real panic capitulation into complete emotional oversold market. Once we bounce, you buy-in strong.

As Blazin said, a bounce here would likely just result in chop tomorrow.
Click to expand...

doesn't look like we're getting what we want here
 
Blazin

Blazin

Creative Title
<Nazi Janitors>
7,419
37,332
Khane said:
So around $95k then?

Car and truck prices are so insane right now.
Click to expand...
I hope not, tundra unveiling was last night but they didn't give the pricing yet. I'm thinking the 5 truck levels will be $40k-65k . I'm not spending more than that on a truck.
 
Shonuff

Shonuff

Mr. Poopybutthole
5,538
791
Jysin said:
100%. We need panic sell into the close. Gap down tomorrow, then real panic capitulation into complete emotional oversold market. Once we bounce, you buy-in strong.

As Blazin said, a bounce here would likely just result in chop tomorrow.
Click to expand...
So re-short in the AM?
 
Kiroy

Kiroy

Marine Biologist
<Bronze Donator>
35,894
105,284
Blazin said:
I hope not, tundra unveiling was last night but they didn't give the pricing yet. I'm thinking the 5 truck levels will be $40k-65k . I'm not spending more than that on a truck.
Click to expand...

that's almost exactly what it will be out the door - rip v8
 
You must log in or register to reply here.