Boiler Room: The Official Stock Market Discussion

[mr. smoke weed]

All of my Options are either 2-3 months out or leaps. I am getting wrecked at the moment. Time or not..the volatility is making it rough for anybody involved with Options.

BNGO $10 strike mid April--getting torched. ROOT 12.50 strike mid April is up $75.

Look for stocks that have taken a serious beating over the past month or so, and write an option for the next month or two. Keep em under $150 and you're really limiting your risk.

Just my 2 cents of course. Also using screener to see who has higher volume in the past few days is a way to win

 

[Rekkapryde]

BNGO $10 strike mid April--getting torched. ROOT 12.50 strike mid April is up $75.

Look for stocks that have taken a serious beating over the past month or so, and write an option for the next month or two. Keep em under $150 and you're really limiting your risk.

Just my 2 cents of course. Also using screener to see who has higher volume in the past few days is a way to win

got broke off on 2 calls last Friday.

Got a call coming up where I'm up 200 right now though. I need a win somewhere

 

[Rekkapryde]

your avi

 

[mr. smoke weed]

got broke off on 2 calls last Friday.

Got a call coming up where I'm up 200 right now though. I need a win somewhere

Kmph under 10 is a great swing option IMO of course

 

[humminbird]

 

[Panther]

that's what's killing me, holding short term plays that can't run because of this market so i can't sell. then my longs aint bargains.

not sure how brehs trade options in this market - does the volatility or uncertainty affect you? is it better to buy contracts further out given the short term instability?

and i'm not really looking to swing, buying and selling the same thing over and over doesn't seem tax efficient. might as well just hold. when i'm out, i'm out
spaclife, warrant g's on life support

I do long term options (LEAPS) for this reason,

I got burned on some shorter term plays and learned my lesson

all contracts I currently own expire in 2022 or 2023.

 

[who_better_than_me]

I do long term options (LEAPS) for this reason,

I got burned on some shorter term plays and learned my lesson

all contracts I currently own expire in 2022 or 2023.

@dora_da_destroyer
Look up Rolling 4’s. That’s the strategy I follow and it’s very lucrative

 

[Rekkapryde]

I do long term options (LEAPS) for this reason,

I got burned on some shorter term plays and learned my lesson

all contracts I currently own expire in 2022 or 2023.

 

[who_better_than_me]

i got a NIO contract that expire in 2022 that’s already up 100% up $2000. And still have over a year til expiration

 

[Rekkapryde]

why is that the first video I saw too when googling

 

[who_better_than_me]

why is that the first video I saw too when googling

Cuz he the originator of it. He has a group too for free that give out all the best leaps

 

[Saysumthinfunnymike]

i got a NIO contract that expire in 2022 that’s already up 100% up $2000. And still have over a year til expiration

when u buy the contract and at what strike?

 

[K-Deini]

Pacb from 32 to 35 is a good swing you can keep playing right now

 

[who_better_than_me]

when u buy the contract and at what strike?

I bought the contract during September QW. It was at trading slightly below 20. 45 strike price.

I’m rolling it over


Whenever I swing trade is I never buy one hundred shares anymore(unless it’s 10 dollars or cheaper), i jsut do a leap option, it’s cheaper than buying one hundred outright and more efficient

 

[K-Deini]

Amc