Boiler Room: The Official Stock Market Discussion

[Ohene]

today was something else. Big drop to begin and then just up up and away


Gotta love Fridays. will be back with a play on monday

 

[Ohene]

S&P 500 hit a record of 2100 (211 for the ETF) today and basically turned the f&#^ down. Beautiful shyt.

 

[Domingo Halliburton]

US oil rig count:


idled 98 this week to 1,358

down 48 more to 1,310

 

[Swagaveli]

Brehs I done fukked up today...I just hustled my way back to breakeven after taking huge losses on SPY puts the other week..

So what I do...Got Feb 27th 51 strike calls for TWTR when it showed some signs of potential...For almost 4 k...Down almost 50% and I'm stuck hoping it goes in the money on Monday or latest Tuesday..

Any thoughts on what TWTR could do? Or what I should do, zamn brehs

 

[无名的]

Brehs I done fukked up today...I just hustled my way back to breakeven after taking huge losses on SPY puts the other week..

So what I do...Got Feb 27th 51 strike calls for TWTR when it showed some signs of potential...For almost 4 k...Down almost 50% and I'm stuck hoping it goes in the money on Monday or latest Tuesday..

Any thoughts on what TWTR could do? Or what I should do, zamn brehs

4k on quickly expiring options?



Unhedged, you're either swimming in money or ballsy as fukk.



Here's my half-baked opinion... so you're at $0.37 per contract right now. Down almost 50%, I'm assuming you paid around $0.74 per contract and bought about 55 contracts.

Your breakeven is $51.74. I don't know of any tangible company catalysts that would push up TWTR by the end of next week, so I'm just looking at technicals and analyzing the overall market.

The markets might not correct by next week, so if they go a little higher, you have some hope, but they are due for a correction. Overbought as fukk. When the markets are declining, absent any TWTR news, TWTR will probably fall too.

TWTR indicators are all also pointing to some sort of near-term correction. I like Stochastics indicators and it's not looking great. Way up there and while it doesn't look ready for an immediate drop and could keep going sideways or slightly higher, it's ready for a drop.

You can never predict the technicals with 100% accuracy. Just decent guides, but everything looks like TWTR is ready to dump a few bucks. TWTR could conceivably move higher and even above $51.74 by next week, especially on some unforeseen news...

But uhhh



That time value is going to kill you, so if there isn't a good move by Monday, I'd cut out because your $0.37 option will probably be worth about $0.32 by Monday and rapidly declining. If there's a decent move, then you have to assess if you should take the loss or keep praying.

 

[Futuristic Eskimo]

Brehs I done fukked up today...I just hustled my way back to breakeven after taking huge losses on SPY puts the other week..

So what I do...Got Feb 27th 51 strike calls for TWTR when it showed some signs of potential...For almost 4 k...Down almost 50% and I'm stuck hoping it goes in the money on Monday or latest Tuesday..

Any thoughts on what TWTR could do? Or what I should do, zamn brehs

Take the haircut and get the fukk out

 

[Domingo Halliburton]

I'm pretty sure its a safe assumption twitter is riskier than the market....just hope the market goes up and it carries twtr....still 51 is a tall order at this point....


i always hated twitter....they can't justify their share price...ive been bearish since the IPO practically.....sort through this thread and look up my posts from the twitter ipo

 

[Ohene]

Brehs I done fukked up today...I just hustled my way back to breakeven after taking huge losses on SPY puts the other week..

So what I do...Got Feb 27th 51 strike calls for TWTR when it showed some signs of potential...For almost 4 k...Down almost 50% and I'm stuck hoping it goes in the money on Monday or latest Tuesday..

Any thoughts on what TWTR could do? Or what I should do, zamn brehs

Stocks move too sporadically for me to bet with anything less than a month of expiry . A week simply isnt enough.
Put in a stop order to risk maybe $300 more. The wknd alone will kill a good amount of that though

edit: TWTR is overbought, its moving averages are far below. But there is no upward resistance until like 53.

I can see it touching 55 before next earnings release but one week is too risky. See what happens monday. The market in my opinion is close to a top so i can see it getting dragged down. You might have to bite the bullet and sell. Of course once you sell...itll probably go up cause thats how this shyt works. But that doesnt necessarily make it a bad trade.

 

[Domingo Halliburton]

...

 

[88m3]

Credit Suisse Called Client ‘Nutcase’ and Adviser a ‘Muppet’

http://www.bloomberg.com/news/artic...lled-client-nutcase-and-his-adviser-a-muppet-

 

[NkrumahWasRight Is Wrong]

too late to get in on $MO?

 

[Ohene]

Might have to get some TSLA puts
will see if it can go up to 223-238 first


edit: EBay looking lkike its on the way down too

 

[analog]

I know it's nothing to the coli ballers but a few months into the investing game and hit my first milestone: up a thousand :flabbynblessed:

 

[Hiphoplives4eva]

This has been a great year for stocks. Definitely recommend having a focued limited portfolio as opposed to the huge, multifaceted portfolio i had last year. NFLX, TSLA, AMZN, UA, WWV are all killing it.

I'll likely buy more UA and BABA this month.

 

[Ohene]

as far as analysts they can go to hell. None of them foresaw the top so why should I believe their calls for the bottom?

that being said I called 45 as a realistic bottom and would add 30 is the ABSOLUTE WORST CASE SCENARIO. If this shyt hits $30....bet the house on Crude. Natural Gas I see rebounding shortly

UGAZ on deck

From $2.60 to 3.66 since that date

It's not too late @Futuristic Eskimo ...get in before I do lolol