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      06-04-2020, 01:16 PM   #1123
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Yea, watching my puts go to 0 right now

The fed tapered their corporate junk bond/ETF buying from $75B/day to $4.5B/day and market still being pumped to this level is crazy to me.

Fortunately, my puts are far enough out till late June/July where we can still have a market correction, but for now they're not looking that great.
What is your upside/downside on those puts?
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      06-04-2020, 01:30 PM   #1124
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I never bought as I was out of cash. I have some cash again, what's a good number to buy back in?
Try BIOL at .52 ...I think it can go to around .95.

VISL has to many people chasing it now!
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      06-04-2020, 01:34 PM   #1125
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Anyone invest into any cannabis companies?
Hexo as Jordan mentioned and....because:
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      06-04-2020, 01:35 PM   #1126
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XSPA volume is crazy! Hit $2 a minute ago.
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      06-04-2020, 01:39 PM   #1127
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Quote:
Originally Posted by Nuckle View Post
I never bought as I was out of cash. I have some cash again, what's a good number to buy back in?
Try BIOL at .52 ...I think it can go to around .95.

VISL has to many people chasing it now!
Got in BIOL at .50 thanks!
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      06-04-2020, 01:41 PM   #1128
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Got in BIOL at .50 thanks!
Keep an eye on her. She runs hard and fast!!! Already up .04 .
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      06-04-2020, 02:04 PM   #1129
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Regarding SGBX.

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      06-04-2020, 02:04 PM   #1130
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No, you should be able to right away. Are you putting your orders in for extended hours trading? TDA defaults to day orders, which won't execute before 9:30 or after 4:00
Thanks, I’ve been buying and selling using the default limit orders. Was just learning about stop limit, market, aon, gtc . Just haven’t gotten to the extended hours yet, will get to all of the acronyms and meaning soon.
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      06-04-2020, 02:10 PM   #1131
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Thanks, I’ve been buying and selling using the default limit orders. Was just learning about stop limit, market, aon, gtc . Just haven’t gotten to the extended hours yet, will get to all of the acronyms and meaning soon.
Like I mentioned earlier...just pick (Day+ext) for extended hours in the "Time In Force" drop down. I use it exclusively.
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      06-04-2020, 02:12 PM   #1132
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Like I mentioned earlier...just pick (Day+ext) for extended hours in the "Time In Force" drop down. I use it exclusively.
Thanks, will do.

Just added some cash. Are there besides biol you recommend I look at between today and tomorrow?

Or just add to what I already have. Current penny stocks are seel, poai, xspa and snca.
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      06-04-2020, 03:34 PM   #1133
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Quote:
Originally Posted by BimmerDimmer6 View Post
What is your upside/downside on those puts?
I have puts in SPY and AXP. Both which I'm down on as we speak, but I just bought them last week so theres still plenty of time to go.

AXP - 95p - 06/19
SPY - 295p - 06/19

Rmtt Thank you for the XSPA play. Was up 95% this morning when I checked. I'll ride it for a bit longer, but put a stop loss just in case.

Edit: Also, keep in mind. You don't necessarily have to hit the strike price to make money with options. Over 70% of the options are sold prior to the expiration date due to the time decay.

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      06-04-2020, 03:36 PM   #1134
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Anyone playing any long deep out of the money calls on AAL? I'm talking like $20+ calls... They are dirty cheap, Jan 2021 20 call for 1.20. Cant determine if its worth the risk since I am not hedging the position, just going for a straight crap shoot lol.
this call is now $2.10 lol.
Now it is 3.30 lol. Too late now, AAL is rocketing today.

Here's my stupid mistake this morning I bought the 25 call for Jan 2021 for 1.15, felt like I made a hasty decision, sold it after like 15 min for 1.12 for a 3 cent loss per contract.

It is 2.05 right now. Fuck me, once again lol.

Next time I'm buying and not looking at them for weeks if the expirations are out that far.
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      06-04-2020, 03:51 PM   #1135
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Now it is 3.30 lol. Too late now, AAL is rocketing today.

Here's my stupid mistake this morning I bought the 25 call for Jan 2021 for 1.15, felt like I made a hasty decision, sold it after like 15 min for 1.12 for a 3 cent loss per contract.

It is 2.05 right now. Fuck me, once again lol.

Next time I'm buying and not looking at them for weeks if the expirations are out that far.
Haha, the options learning curve is a steep one.

My .02 cents. Check your options in the first hour and last 30 minutes of trading so you don't make yourself go crazy.
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      06-04-2020, 03:56 PM   #1136
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If I had 50k usd I'd have invested it in games workshop shares in ftse100 under GAW they were at £35 a share beginning of April....now thatd be worth 118k usd, shame I only had a couple hundred £££'s lol, if I had it right this second I'd go with Meggitt also in ftse100 were at £1.96 now at £3.41 on the way back to £7ish nice quick money doubler.
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      06-04-2020, 04:04 PM   #1137
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This thread is a good resource. Keep it up! I was messing around and bought 10 shares each of AAL and JBLU a few weeks ago when both were around $9/share
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      06-04-2020, 04:08 PM   #1138
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XSPA was fun today. Nail biter toward the end of day. Off to buy a Tomahawk steak for the win lol
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      06-04-2020, 04:28 PM   #1139
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Quote:
Originally Posted by Rmtt View Post
Hexo as Jordan mentioned and....because:
Thanks guys, I'll definitely check Hexo out.
I just sold all my PLUG shares after today's run and made some decent returns that I want to reinvest into the cannabis industry. I got a couple hundred ACB shares at the moment that I'm planning on holding long term but would love to get into some other ones as well.
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      06-04-2020, 04:37 PM   #1140
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I really don't know how some guys do this swing trading crap for a living. I'm literally losing sleep over a few grand tied up in some penny stocks, I can only imagine the mental toll on someone who has hundreds of thousands at stake.

I mean, it's totally normal to check your accounts 100 (+) times per day, right? I had to order a Mophie battery case for my iPhone because I can't keep my brokerage app closed when I'm at work.

It's fun, and I'm making money, but a little stressful.

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      06-04-2020, 06:12 PM   #1141
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Quote:
Originally Posted by sxyblue View Post
Thanks, will do.

Just added some cash. Are there besides biol you recommend I look at between today and tomorrow?

Or just add to what I already have. Current penny stocks are seel, poai, xspa and snca.
Let me look at my stuff in the morning and get back with you. I like to swing trade more than day trade....so you aren't having to watch as closely as you have a few days to let it develop.
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      06-04-2020, 06:12 PM   #1142
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I really don't know how some guys do this swing trading crap for a living. I'm literally losing sleep over a few grand tied up in some penny stocks, I can only imagine the mental toll on someone who has hundreds of thousands at stake.

I mean, it's totally normal to check your accounts 100 (+) times per day, right? I had to order a Mophie battery case for my iPhone because I can't keep my brokerage app closed when I'm at work.

It's fun, and I'm making money, but a little stressful.

Lol, definitely not good for your health that's for sure...

I try to avoid the whole swing trading shit tbh, too much stress. And for a few grand it's truly not worth the toll it takes on you.

Haven't traded options in a while and once I bought a few contracts today, I remembered how it's just contestant refreshing screens and shit.
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      06-04-2020, 06:14 PM   #1143
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Quote:
Originally Posted by Jordan's World View Post
I really don't know how some guys do this swing trading crap for a living. I'm literally losing sleep over a few grand tied up in some penny stocks, I can only imagine the mental toll on someone who has hundreds of thousands at stake.

I mean, it's totally normal to check your accounts 100 (+) times per day, right? I had to order a Mophie battery case for my iPhone because I can't keep my brokerage app closed when I'm at work.

It's fun, and I'm making money, but a little stressful.

You learn to step away from it. I have alerts set that tell me if i need to look at something.
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      06-04-2020, 06:16 PM   #1144
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XSPA was fun today. Nail biter toward the end of day. Off to buy a Tomahawk steak for the win lol
AH right now...it's 2.03.

And that 8k filing was just someone excising their option to take the stock at a rate agreed upon months ago.

It made a lot of Bears happy for about 5 minutes....but I didn't blink. Lol.
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