GoogleMe
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ICG looking like the next momentum trade. I missed the spike this morning, but looking to trade when price > today's high
Boiler Room: The Official Stock Market Discussion
GoogleMe
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I was down on CBS calls (bought weeks ago) and spy calls $300 bucks each yesterday. Now at break even...the stock market
CBS is looking ripe to go past 60. @GoogleMe...what u think?
If only my money wasn't tied up I could a got in on them sears puts yesterday
Did SHLD report their #'s? I'm away from the desk, but I'll take a look at CBS.
Not yet but they will tomorrow morn. It will go down... Has to. The way retail has been this quarter it'll take a miracle. I dunno how jcp pulled it off but I expect to see sears under 31
GoogleMe
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Very nice close today. It broke the downtrend and crossed and closed above the 20 day EMA and 200 day EMA today. Unusual call activity today as well. It traded 26k JUN $55 calls and 6800 JUL $60 calls. Also, a desk sold 15k September $52.5 puts, and bought 15k SEP 62.5/70 call spreads.
I got this guy on watch breh.Didn't see the sold puts butVery nice close today. It broke the downtrend and crossed and closed above the 20 day EMA and 200 day EMA today. Unusual call activity today as well. It traded 26k JUN $55 calls and 6800 JUL $60 calls. Also, a desk sold 15k September $52.5 puts, and bought 15k SEP 62.5/70 call spreads.
How were you able to tell... You got a premium subscription somewhere that shows the bid and asks and where they sold at etc. ?
GoogleMe
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Didn't see the sold puts but
How were you able to tell... You got a premium subscription somewhere that shows the bid and asks and where they sold at etc. ?
1.75 x 1.80. The ToS platform allows you to scan through the options chain. It is the best trading platform for options.
MrFantastic
Pro
Very nice close today. It broke the downtrend and crossed and closed above the 20 day EMA and 200 day EMA today. Unusual call activity today as well. It traded 26k JUN $55 calls and 6800 JUL $60 calls. Also, a desk sold 15k September $52.5 puts, and bought 15k SEP 62.5/70 call spreads.
question for you breh
How do you determine what stocks you buy straight up and ones you buy options for?
Domingo Halliburton
Handmade in USA
anybody know anything about Navigator Holdings (NVGS)?
Its mainly about your risk tolerance and confidence i think. high tolerance and confidence should be enough to stomach options but if youd rather have long term steady gains then stocks. Id rather by long term options in companies that aren't volatile than. The underlying stock though. Personally... i think its best to buy options when the stock's volatility is low and you think the stock has potential to move big.in the coming days, weeks, year etc. This means that historically the stock's price doesnt move much and thus the market doesn't expect it to in the future. A good example is FB last year during its 2nd quarter earnings release.
Implied volatility is the meat of the option price as it makes up the premium. This is one of the reasons why there's such a high return (and risk) when making money off index ETF options like the QQQ, SPY and DJI; low volatiltiy.
When vol is high and the movement isn't enough, the options price gets sucked out of it. Thats why training during earnings releases can get you got...especially if its a company like Tesla, Keurig GMCR or 3D Sysytems. If anything with those types of companies if youre a serious trader with a lot of margin you can break the bank by doing short strangles, short straddles...or just outright shorting puts and calls. This is done when you think the price of the underlying wont move too much during a release or during any sort of time period. In effect, youre shorting the volatility of the option.
This is mainly me thinking out loud. I'll elaborate when i aint at work lol
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ticker? while you do that imma go look up p/bJD.com goes public today at a modest 50 P/B.
Give it a week or so and start shorting this garbage.
JD
More Chinese garbage that could have long-term potential, but will probably pop like every other hot stock that reverses course a week or so later.
Let's recap some recent IPOs...
CRCM from $29.25 to $11.51... low of $9.66
VRNS from $56.80 to $24.96... low of $19.69
COUP from $33.00 to $21.43... low of $15.56
GRUB from $40.80 to $30.95... low of $29.86
CSLT from $41.95 to $18.93... low of $10.05
WB from $24.48 to $18.38... low of $18.26
The short opportunities on these trendy stocks
CRCM now at 2 P/B
VRNS 5.74
COUP 6.06
GRUB 3.06
CSLT 6.9
WB 15.43
More realistically valued now, but still some overpriced. Ridiculously valued before. Weibo will probably come crashing down in a few months like Twitter. Maybe into the single digits. If you value it like Twitter, it should be at $8.25 today, not in the 18s.
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