Anyone investing heavily this year??

[sickwidit]

NIO $18 call 8/28
low price like $53
Currently at $17

When you get a chance explain what this means to a noob. Thanks.

Npcannon was giving everyone a heads up to buy NIO calls at the strike price of $18 with an expiration date of Aug 28th. At the time he posted NIO stock was at $17 and the price of that particular call was $53. Since NIO was rising, if you bought the call before it hit $18 you could make good money since you can sell for $100 or more for each contract when it goes past $18. NIO closed in AH at $18.57. So it will likely gap up by open and possibly keep running up. If that happens and you sell tomorrow you can make pretty good profit.

I’m gambling on a sell off but I probably should have gone with this option. I guess we will see tomorrow.

 

[yasky777]

Npcannon was giving everyone a heads up to buy NIO calls at the strike price of $18 with an expiration date of Aug 28th. At the time he posted NIO stock was at $17 and the price of that particular call was $53. Since NIO was rising, if you bought the call before it hit $18 you could make good money since you can sell for $100 or more for each contract when it goes past $18. NIO closed in AH at $18.57. So it will likely gap up by open and possibly keep running up. If that happens and you sell tomorrow you can make pretty good profit.

I’m gambling on a sell off but I probably should have gone with this option. I guess we will see tomorrow.

Great info. Thanks

 

[oolong tea]

Npcannon was giving everyone a heads up to buy NIO calls at the strike price of $18 with an expiration date of Aug 28th. At the time he posted NIO stock was at $17 and the price of that particular call was $53. Since NIO was rising, if you bought the call before it hit $18 you could make good money since you can sell for $100 or more for each contract when it goes past $18. NIO closed in AH at $18.57. So it will likely gap up by open and possibly keep running up. If that happens and you sell tomorrow you can make pretty good profit.

I’m gambling on a sell off but I probably should have gone with this option. I guess we will see tomorrow.

You pay attention to delta and IV (implied volatility)?

 

[hottmixx]

Anyone have definite info on $CCH? I keep reading about a merger with UTZ supposedly on Thursday. I see where a merger was announced back in June but can’t find a date and it’s been climbing the past few days.

 

[sickwidit]

You pay attention to delta and IV (implied volatility)?

Yea I do particularly IV. I’m still learning but I mainly focus on selling option spreads when IV is high and buying when IV is low. I try to sell with less than 30 days wanting the theta to take over. I sell a lot of OTM spreads so I’m banking on theta, price drop and/or IV drop to eat up the extrinsic value.

If I buy, I usually buy monthlies with some decent time out so theta doesn’t overwhelm the delta.

 

[tical]

Npcannon was giving everyone a heads up to buy NIO calls at the strike price of $18 with an expiration date of Aug 28th. At the time he posted NIO stock was at $17 and the price of that particular call was $53. Since NIO was rising, if you bought the call before it hit $18 you could make good money since you can sell for $100 or more for each contract when it goes past $18. NIO closed in AH at $18.57. So it will likely gap up by open and possibly keep running up. If that happens and you sell tomorrow you can make pretty good profit.

I’m gambling on a sell off but I probably should have gone with this option. I guess we will see tomorrow.

That's what's up! No doubt that options with good thought and managment are risky. But the earning potential per contract is unreal!
Right now, I'm like Terrance Howard looking at the War Machine suit for the first time... "Next time!"

 

[npcannon]

I'm a day trader for right now. If I post something, its for the near or immediate future. I mainly do PM and AH due to work. During trading hours I'll do an option right before the market closes and sell the next day at open. For example, $CRM...I grabbed a contract before closing. Went crazy in PM. Wake up to $$$.

I fully expect a sell off at open but the $NIO contract has already hit 100%. It went +22% yesterday, so I expect some pull back. I have a small account and minimal fractional shares in $TSLA. I've been riding the EV stocks on the low to include $LI.

 

[npcannon]

My watchlist for today:

PM-
$FLDM (I'm buying the dip)
Update...many bought in at high price. Many are holding the bag...lowering the price. I would just watch for now. Ran to $12.45.

Options
$CRM - I expect it to Gap up/Down and sell off a bit at open and then it will run. I'm going to wait the first couple of mins and try to see if you can get a decent contract further OTM. (Cashed out)

$MSFT 225 Calls 9/4 - This stock has been running, both AMD and MSFT have been lagging and now it looks like the stock is moving in anticipation for J Powell. (didnt pull the trigger)

https://www.cnbc.com/2020/08/24/powell-set-to-deliver-profoundly-consequential-speech-changing-how-the-fed-views-inflation.html

$AMD 90 Calls 9/11 (didnt pull the trigger)

$HON 09/11 175C - My risky play. I think there will be increased buying on this stock just like CRM had a gain, CRM had an additional catalyst which was their earnings. (Waiting for things to settle)

https://www.cnbc.com/2020/08/24/salesforce-amgen-and-honeywell-added-to-dow-in-major-shakeup-to-the-average.html

Watch for these 3 stocks; if they weren't on your radar...$CRM should at least be intriguing enough to add these to your watchlist $HON and $AMGN.

 

[npcannon]

LOL...to conclude my Ted Talk...I'm far from an expert. I’ve used 2020 as an opportunity to advance my finances and this method has been my #1 option. I'm in the Army and preparing for a deployment; Closing on a house and not trying to move my money; Building my credit and paying down debt. Once again, the OGs in this thread can give better advice but I'm eating...lol. Sharing the BGOL way...LOL.

 

[HellBoy]

$XSPA did the predictable offering after their CEO was on TV yesterday and got a price pop. It dropped down to 2.37. I got a few shares for the rebound.

 

[oolong tea]

LOL...to conclude my Ted Talk...I'm far from an expert. I’ve used 2020 as an opportunity to advance my finances and this method has been my #1 option. I'm in the Army and preparing for a deployment; Closing on a house and not trying to move my money; Building my credit and paying down debt. Once again, the OGs in this thread can give better advice but I'm eating...lol. Sharing the BGOL way...LOL.

Do you use any particular indicators or scanners? I'm messing with RSI, VWAP, and a couple of MAs. But my scanner game is shit.

 

[Madrox]

$NIO up above $19 PM

 

[npcannon]

Do you use any particular indicators or scanners? I'm messing with RSI, VWAP, and a couple of MAs. But my scanner game is shit.

Think or Swim

STEP 1: sign up for tdameritrade on desktop DO NOT NEED TO DEPOSIT

STEP 2: download thinkorswim on desktop and mobile.

STEP 3: log in to tdameritrade from the desktop then choose subscriptions.

STEP 4: sign up for the free subscription to real time and level 2 - no deposit needed

STEP 5: Set up charts to your liking

Intraday Low Float High Volume

tos.mx

 

[sickwidit]

$NIO up above $19 PM

Crazy

 

[npcannon]

Think or Swim

STEP 1: sign up for tdameritrade on desktop DO NOT NEED TO DEPOSIT

STEP 2: download thinkorswim on desktop and mobile.

STEP 3: log in to tdameritrade from the desktop then choose subscriptions.

STEP 4: sign up for the free subscription to real time and level 2 - no deposit needed

STEP 5: Set up charts to your liking

Intraday Low Float High Volume

tos.mx

Most of my plays are options right now...I started with paper trading. Lost a lot on pennies. Then I targeted the bigger/solid stocks for options. After seeing how fast things changed on options ($SPY), I started looking more for news related or trending stocks. I'm riding waves now.

 

[dolemite73]

Do you use any particular indicators or scanners? I'm messing with RSI, VWAP, and a couple of MAs. But my scanner game is shit.

Price, Volume and maybe the 200 day moving average. That is really all you need, fam.

 

[Madrox]

NIO $18 call 8/28
low price like $53
Currently at $17

Npcannon was giving everyone a heads up to buy NIO calls at the strike price of $18 with an expiration date of Aug 28th. At the time he posted NIO stock was at $17 and the price of that particular call was $53. Since NIO was rising, if you bought the call before it hit $18 you could make good money since you can sell for $100 or more for each contract when it goes past $18. NIO closed in AH at $18.57. So it will likely gap up by open and possibly keep running up. If that happens and you sell tomorrow you can make pretty good profit.

I’m gambling on a sell off but I probably should have gone with this option. I guess we will see tomorrow.

This is at $199 now right?

 

[Madrox]

Crazy

...man, about time. I'm definitely learning a few things: Believe in your research, be patient, and don't let talking heads (like GS) knock you off that belief. They really do try to manipulate so they can buy shit up!

 

[Uncle John]

Npcannon was giving everyone a heads up to buy NIO calls at the strike price of $18 with an expiration date of Aug 28th. At the time he posted NIO stock was at $17 and the price of that particular call was $53. Since NIO was rising, if you bought the call before it hit $18 you could make good money since you can sell for $100 or more for each contract when it goes past $18. NIO closed in AH at $18.57. So it will likely gap up by open and possibly keep running up. If that happens and you sell tomorrow you can make pretty good profit.

I’m gambling on a sell off but I probably should have gone with this option. I guess we will see tomorrow.

Low price of $53 please elaborate. Tx

 

[npcannon]

Low price of $53 please elaborate. Tx

My contract cost $53. 100 shares. Strike price of $18 (if it hit $18). Cashed out for $200 @$19 something.

 

[Madrox]

My contract cost $53. 100 shares. Strike price of $18 (if it hit $18). Cashed out for $200 @$19 something.

Props on that play homie. Good eye to get in right before close yesterday

 

[npcannon]

Props on that play homie. Good eye to get in right before close yesterday

It's a blessing right now. Just sharing the game. Trippled my contract on Apple Monday for my call from last Friday for $4K. Was checking to see if my money settled and saw $NIO.

 

[Uncle John]

Thx what kind of contract is that?

My contract cost $53. 100 shares. Strike price of $18 (if it hit $18). Cashed out for $200 @$19 something.

my bad duhhhhh

 

[sickwidit]

My contract cost $53. 100 shares. Strike price of $18 (if it hit $18). Cashed out for $200 @$19 something.

You killed that one. Props! I had to cut my losses on the 18/19 spread. Still holding a couple spreads in the 20s. I’m trying to get someone to bite on buying a PUT spread at 16/17 to make my money back lol

If you’ve learned nothing here just know to do the opposite of anything I’m doing.

 

[npcannon]

You killed that one. Props! I had to cut my losses on the 18/19 spread. Still holding a couple spreads in the 20s. I’m trying to get someone to bite on buying a PUT spread at 16/17 to make my money back lol

If you’ve learned nothing here just know to do the opposite of anything I’m doing.

I'm kicking myself. I had a FB 300 Call 8/28. Dropped to $270 on Monday. Sold for a loss. FB just hit $300. I would have never thought it would jump $30 in 2 days.

Can't win them all.

 

[Tito_Jackson]

Delta announced furloughs for 1900 pilots. Look for the stock to drop. This is a good opportunity to purchase a put option. The stock is approximately $30 now. Im grabbing a contract with $26 strike price. On August 1st, it hit $23. So, $26 is safe. I won't hold long. Will sell tomorrow or by end of the day today.

Man, this Delta play is not going how I thought it would go. Hardly any movement while other airlines are still dropping.

However, the market is bananas today. Geesh! Everyone should be in the green. Call Options are through the roof!!

 

[sickwidit]

I'm kicking myself. I had a FB 300 Call 8/28. Dropped to $270 on Monday. Sold for a loss. FB just touched $299.

Can't win them all.

I can’t mess with those weeklies yet Delta so high if you wrong. I’m getting punished enough on the monthly options as it is. But I’m determined to get this shit right.

 

[Uncle John]

BIGC

 

[Thrill3Seeker]

Take that $2k and buy $PLT. They release their earnings report on May 21st. You’ll have a steady gain between now and then. Probably 15-20%

Collect those profits after that earnings bounce and then invest in $SPY. You will do well. Just don’t look at it every day.

SPY just topped 346.

 

[npcannon]

SPY just topped 346.

$SPY has been my proving grounds for options...lol.

 

[Coldchi]

ABUS and POLA are great swings
as well as CEI

 

[npcannon]

BIGC

Whoa! Today has been crazy.

 

[tical]

ABUS and POLA are great swings
as well as CEI

Why? What's the catalyst?

 

[npcannon]

Why? What's the catalyst?

POLA = Hurricanes
CEI = Oil play of the day
ABUS - vaccine play

 

[dolemite73]

My position in $NIO has grown 70% in 10 days. Good lord, these past two days have been crazy and I am here for it.