Boiler Room: The Official Stock Market Discussion

[chineebai]

Might as well sit on cash then right? I guess in May walk away is a real thing

yeah Sit on Hands/Cash. Focus on long term names and relative strength or relative weakness. For tomorrow I'm looking for OSTK confirmation for the uptrend to continue.

 

[chineebai]

Snap trying to get above 61 on that bullish symmetrical wedge and MACD cross over. Bullish but needs confirmation over that level.

 

[chineebai]

just sold peloton I'll get it another day

I think it will test 116.

 

[mr. smoke weed]

I have close to 5k sitting on the side. I wanted to get my cost average under $10. Should I put the rest in amc, something else, or wait?

I'd personally get leap options, not chase AMC

 

[mr. smoke weed]

PATH went red to green after pullback yesterday (3/5/7 rule), looking like $90 by June 5th IMO, next stop $100

 

[mson]

I'd personally get leap options, not chase AMC

Elaborate a little further.

 

[GoldenGlove]

people trying to pull another GameStop?

Yes. HODL

 

[GoldenGlove]

Look into Telcoin

Yahoo is now a part of Verizon Media

We on Yahoo Finance, just wait till we on Coinbase

 

[mr. smoke weed]

Elaborate a little further.

Buy options out of the money with over a year to expire. For example I bought a few SOS $3c options for 1/20/23. If the stock goes how I think it will, I'm gonna make a lot of money.

Most people buy option contracts and trade them, some people exercise when it's in the money. I'd google Greek option trading strategies before you dive in though.

 

[mson]

Buy options out of the money with over a year to expire. For example I bought a few SOS $3c options for 1/20/23. If the stock goes how I think it will, I'm gonna make a lot of money.

Most people buy option contracts and trade them, some people exercise when it's in the money. I'd google Greek option trading strategies before you dive in though.

I did options in Hertz once. But my timeline was off and it expired. Are you suggesting a specific company?

 

[Rickdogg44]

Snap trying to get above 61 on that bullish symmetrical wedge and MACD cross over. Bullish but needs confirmation over that level.

What timeframe are you using? I normal do 6 month (4 hour)

 

[Rickdogg44]

Buy options out of the money with over a year to expire. For example I bought a few SOS $3c options for 1/20/23. If the stock goes how I think it will, I'm gonna make a lot of money.

Most people buy option contracts and trade them, some people exercise when it's in the money. I'd google Greek option trading strategies before you dive in though.

Some say buy leaps already in the money. Like .7 delta. As long as decent OI and Volume

 

[Rickdogg44]

 

[mr. smoke weed]

Some say buy leaps already in the money. Like .7 delta. As long as decent OI and Volume

I dont got the $$ to exercise right now so I will when those SOS options blow up tho

 

[SithLawd]

Brehs I threw fundamentals into the bushes and started yolo swing trading

This is highly unsustainable and I’ll likely get obliterated soon

however over 8 months I’m up 700%

ate off cciv, Ford and BB this week