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*** Official*** How the market did today thread.

 
Old 06-07-2019, 04:04 PM
  #14551  
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Default Re: *** Official*** How the market did today thread.

Originally Posted by rico91stang View Post


The comment section is PURE COMEDY!!! Exactly what I was thinking!!!

Thoughts FrreeeBird

https://twitter.com/zerohedge/status...289326592?s=21

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Old 06-10-2019, 05:12 AM
  #14552  
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Default Re: *** Official*** How the market did today thread.

BYND

I only have 5 shares, but I'm going to dump 4 of them as soon as it hits $166 because that's the point where I'll reach 100% ROI.

I really wish I would've gotten in on IPO day.
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Old 06-10-2019, 05:42 AM
  #14553  
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Default Re: *** Official*** How the market did today thread.

JONEBONE

gme up 8% so far today.
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Old 06-11-2019, 06:41 AM
  #14554  
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Default Re: *** Official*** How the market did today thread.

Oh man am I lucky. BYND ended it's trading at $166, the exact number I had my sell orders at. Today it's at $135.
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Old 06-11-2019, 08:06 AM
  #14555  
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Default Re: *** Official*** How the market did today thread.

stop loss orders are a hell of a thing.....It's saved me quite a few times when I used to trade more risky stuff.
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Old 06-11-2019, 10:58 AM
  #14556  
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Default Re: *** Official*** How the market did today thread.

Hands were in pocket. Hoping for down close today and a second tomorrow.
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Old 06-12-2019, 07:19 AM
  #14557  
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Default Re: *** Official*** How the market did today thread.

Being a bit more risk adverse lately, selling off little stuff and consolidating into SPY/VTI, etc.
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Old 06-12-2019, 02:39 PM
  #14558  
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Default Re: *** Official*** How the market did today thread.

Originally Posted by black_EM1 View Post
Being a bit more risk adverse lately, selling off little stuff and consolidating into SPY/VTI, etc.
Good strategy. Always be safe.
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Old 06-13-2019, 08:41 AM
  #14559  
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Default Re: *** Official*** How the market did today thread.

You ever wondered if prices on cheap stocks are being manipulated for the options market?

Case in point: CenturyLink

This **** has been on a steady decline for a while but every other Friday I get fucked in the *** on my options because the price magically spikes for one ******* day before going back into a free fall.
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Old 06-13-2019, 08:54 AM
  #14560  
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Default Re: *** Official*** How the market did today thread.

My theory is that the small time investors may be trying to lock in a dividend payout by buying the stock on Thursday, thinking they'll get the dividend payout Friday, when in reality they have to purchase before the ex-dividend date? Idk just spit balling. It seems like the pay dividends on the second/third Friday quarterly, which coincides when options expire (on the third Friday of the month)


Sometimes markets act irrationally. That's why I got out of trading individual stocks. Too much media press, articles, big wigs predicting price points, that can affect the price of the stock. Largely the reason why TSLA is so overvalued.
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Old 06-14-2019, 08:55 AM
  #14561  
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Default Re: *** Official*** How the market did today thread.

Sure enough, Friday rolls around and JCPENNEY is spiking in price. My options expire next week, so I guess I'll have to wait and see how hard I get screwed.
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Old 06-14-2019, 11:15 AM
  #14562  
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Default Re: *** Official*** How the market did today thread.

Originally Posted by slomofo View Post
Sure enough, Friday rolls around and JCPENNEY is spiking in price. My options expire next week, so I guess I'll have to wait and see how hard I get screwed.
You can roll options into next month to buy yourself more time to be right.

However you should not be trading options on $1 stocks IMHO. They are not liquid enough
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Old 06-14-2019, 11:23 AM
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Default Re: *** Official*** How the market did today thread.

I spend $50 on JCP each month and for the first two months, I was getting like a $400 return, but last month I lost $60 and this month will probably be the same loss. My biggest options profits have come from CenturyLink, VCEL, and SLRC though and those are cheap stocks too.
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Old 06-17-2019, 02:33 PM
  #14564  
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Default Re: *** Official*** How the market did today thread.

Facebook +4.24% during trading and +7% in after hours.Yesssss. In the anticipation of a new cryptocurrency to be utilized on the platform. It's also believed to be helping push the crypto market up as well as this will be the most promising example of adoption yet.
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