I legged into a free Jun 2100/2150 spread for GOOGL in early Apr. I should be able to max it out but that's a lot of money left on the table when I paid 121$ for the long leg
Official Penny Stock Day Trade / Swing Trade / Short Term
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- shadowsteve
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- Jul 5, 2008
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- By the Large Bay
- notenoughsleep
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PINS down 10% AH, may add more tomorrow
- elfen2
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- tietherope
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ELI5 please?shadowsteve wrote: ↑ I legged into a free Jun 2100/2150 spread for GOOGL in early Apr. I should be able to max it out but that's a lot of money left on the table when I paid 121$ for the long leg
- zaidyboy
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- Northside
Wow
- Wildfire
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- bomber17
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- Apr 5, 2016
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Still holding my MVIS shares but I hope it tanks again to $10 so I can rebuy back at same price haha.
- faken [OP]
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I have a set sell for ocgn for $25. Not even gonna look at it until met.
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
- faken [OP]
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Mvis cool still up 100% from last week. I'll take that
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
- Wildfire
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- shadowsteve
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What does that mean?tietherope wrote: ↑ ELI5 please?
- tietherope
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Haha that's funny.shadowsteve wrote: ↑ What does that mean?
Because it means "explain like I'm five". I don't understand what you said and need it simplified.
- shadowsteve
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Doh! I could have Googled that (which I did afterwards). KIS I would have gottietherope wrote: ↑ Haha that's funny.
Because it means "explain like I'm five". I don't understand what you said and need it simplified.
In simple terms: I bought a GOOGL Jun 2100 call for 121$ (*100). Then GOOGL went up (first it went down and my trade went ugly red) and I then sold the GOOGL Jun 2150 strike call for 121$ to recoup the money I had spent buying the 2100 call. At this point I hold a Jun 2100/2150 call spread with a max value of 50$ (*100) if GOOGL is >2150 on Jun 18th or 5000$ return with 0$ invested (ie: free spread). The Jun 2100 call closed today @ 220$ and with the 100$ jump AH will likely add another 70$ tomorrow (IV crush means not the full 100$) so I could be up 17k instead of 5k but I was risking being down 12k when I sold the 2150 strike.
Oh, and legging in means buying one side then adding the other for a spread (two trades) rather than buying the spread to start with (which is less $ and less risk). The weekly AMZN 3550/3600 I bought as a spread in a single trade
HTH
- oh_so_fly
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- Dec 16, 2006
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Might be able to grab some UGE shares for cheap once again tomorrow. A couple of accounting mishaps lately -- https://finance.yahoo.com/news/uge-anno ... 00457.html
- Phat_cow
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- Wpgguy86
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Whoops, I held PINS through earnings rookie mistake, bought more though. Started a position in Mara for the rebound.
- Sunway
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For all MVIS trader, including myself
Newest Reddit sensation MicroVision is living both sides of that meme-stock life
https://www.marketwatch.com/story/newes ... eid=yhoof2
Newest Reddit sensation MicroVision is living both sides of that meme-stock life
https://www.marketwatch.com/story/newes ... eid=yhoof2
- Janus2faced
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- Dec 8, 2020
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- West Rouge, Ontario
is this current?
could you please expand the details of the trade?
wasting time doing unimportant things.
- shadowsteve
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- Jul 5, 2008
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It's this weeks opex. It's a gamble on a stock split announcement during ER CC causing a stock split. Rumor of a split caused yesterdays pop. I bought it yesterday @ open
- Wildfire
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I saw this happen this morning, here's how they manipulated the stock today.
MVIS ladder attack today
MVIS ladder attack today
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