Boiler Room: The Official Stock Market Discussion

[Domingo Halliburton]

what the fukk is Ichimoku support? I stumble upon some new bullshyt from these technical analysts seemingly everyday.

 

[Domingo Halliburton]

about 20 minutes ago there were 3 trades for over 7.25 million shares in AAPL (about $920MM)

 

[Futuristic Eskimo]

what the fukk is Ichimoku support? I stumble upon some new bullshyt from these technical analysts seemingly everyday.

 

[Domingo Halliburton]

Traded my first option this morning (GEVO PUT). I am not all the way familiar yet so I only did one contract.

long or short?

 

[Ohene]

Dudes out here forecasting S&P 1800 at year end, investors rotating out of US equities, multiples are stretched, Yellen saying valuations are high, etc.. Doesn't matter.

Not sure what to tell you bruh. It going in the 206s was a gift though. Knee it'd bounce back

 

[OSUBaneBrowns]

about 20 minutes ago there were 3 trades for over 7.25 million shares in AAPL (about $920MM)

Buying or selling?

 

[Futuristic Eskimo]

Not sure what to tell you bruh. It going in the 206s was a gift though. Knee it'd bounce back

I was looking for a breakout from this trading range breh. Its gonna happen one way or the other.

 

[Domingo Halliburton]

waiting a few days then may have to short YELP when this takeover never materializes.

 

[Ohene]

I was looking for a breakout from this trading range breh. Its gonna happen one way or the other.

I've essentially been looking at this:

Wedges and Ascending triangles are some of the easier patterns to call /actually trust especially when moving averages/bands seem to coincide with the support and resistance levels. It's what allowed me to recognize GPRO was poised to break out nicely when it was near $40 and why I thought the SPY would turn up after it broke up well above a week or two ago. For the last couple years it always bounces close to the 100 DMA when its going through its mini corrections or whatever. This time was no different. The resistance is 211. Based on what happened last time I'm still not convinced that its going to break the range its been trading in but I like my chances. If anything I'll sell these calls tonight and see whats good over the weekend. Any more ppositivity and theres no doubt this shyt is hitting 215.

Usually the spy doesnt have a large dip until it gets even slightly oversold either. So i see this rally having legs

 

[Domingo Halliburton]

Buying or selling?

honestly don't know was looking at the volume

 

[Ohene]

waiting a few days then may have to short YELP when this takeover never materializes.

Company doesnt add much to the top or bottom line...not for its market cap. Not sure what company specializing in advertising would be interested in it really.

 

[Ohene]

sold them spy calls

 

[Ohene]

Can see CBS heading back towards 56

 

[philmonroe]

Traded my first option this morning (GEVO PUT). I am not all the way familiar yet so I only did one contract.

Hope this is the beginning of a successful career with the options

 

[无名的]

Traded my first option this morning (GEVO PUT). I am not all the way familiar yet so I only did one contract.

What contract and strike price? And what did you pay per contract?