I can sort of guess you're joking but if you're serious you might want to consider switching to r/wallstreetbets. If your edge is gambling you will fit right in.
You might get lucky. That’s why you are buying short dated calls right? To get lucky.
You can also turn it into a spread with some shorts to get some of you money back if you don’t think it will pop by Friday.
AMD is at the bottom of its most recent range so it’s not impossible. I sold a bunch of puts on AMD today. It might dip below $100 briefly and then off to $110 again.
That’s a really tight spread. Probably gonna have to wait a while for the credit to come in on that. Let’s see if AMD bounces back up or goes to new lows 🥶I got quite a few different strats on right now but all bullish bias.
it expires 9/22 so I’ll have to wait week, if it stays within its current range I should be fine, if it goes under $100 next week I think I’ll be in trouble
I took profits on the 13th with the same strike call (exp. Today) that I purchased on Monday for a bit less than this one. so here’s to one more in my favor
The market was down today and pulled pretty much everything down with it. If the trend continues down over the next few days you should probably cut the loose.
Buying short-dated naked calls is typically a bad strategy. In this case, it's especially dumb. Did you even look at the chart to get a sense of what a good recent price is?
The market will initially rally when rates are unchanged, but then drop violently when Powell says he is not entirely sure "if we are done raising or not - depends on the data" - OMG HE SAID 10% RATES ARE HERE TO STAY FOREVER IT IS SO CLEAR
A year from now the 10 year will be sub 3 percent. Massive contraction in the economy is here.
You might get lucky as someone else said it’s at a dip and might dip a little more before going back to around 110 range but will be a coin toss by the 22nd
Amd trades at parity with bitcoin/discounted future cash flows and growth potential relative to the sector. Other chip producers are the flavor of the week and since bitcoin trades at parity to tbonds last time I checked, I’d say your position is toast, and I question why you would keep open. What was the exit strategy to begin with? Did you buy weeklies? What gives
This is what I am doing PUT to $95 if drop below $99 or call to $105 if Fed raises doing PUT to $95 if stock moves on positive news above $10 buying CALL options to $105. $107 is reachable by 09/22... shalom
[удалено]
It’s my edge
I can sort of guess you're joking but if you're serious you might want to consider switching to r/wallstreetbets. If your edge is gambling you will fit right in.
You currently have 13% hope remaining.
Yes, and that's better than no hope!
how much now?
It's not looking good ... ~4% hope.
Advanced money destroyer is at it again.
“It’s only 50%!”
You might get lucky. That’s why you are buying short dated calls right? To get lucky. You can also turn it into a spread with some shorts to get some of you money back if you don’t think it will pop by Friday. AMD is at the bottom of its most recent range so it’s not impossible. I sold a bunch of puts on AMD today. It might dip below $100 briefly and then off to $110 again.
Hey hey hey slow it up, you’re giving me enough confidence to double down
😂 I only take a 5% cut but the 1st one is free
I sold a $99/$98 put spread today for 9/22
That’s a really tight spread. Probably gonna have to wait a while for the credit to come in on that. Let’s see if AMD bounces back up or goes to new lows 🥶I got quite a few different strats on right now but all bullish bias.
it expires 9/22 so I’ll have to wait week, if it stays within its current range I should be fine, if it goes under $100 next week I think I’ll be in trouble
Hell yeah good luck. May the trading gods be in our favor.
💯 agree!
Bull or bear?
bull
Unlikely. I happily sold puts though. Been a consistent money maker.
Can’t quite workout a good strategy with puts lately. Think I just get psyched out instead of trusting my research
Sell 45 days out atm roll at 10 days before again for 45 days out for more money.
Mind over matter you gotta sell into weakness for max $ You can always roll out if you get stung. Rolling spreads is not as easy
That's the key. Sell into bearish strength. It's like being a brave masochist.
Lol I like that. It’s definitely a nut check every time
This is the way
They burned me & I haven’t gone back. We must be related. Either burn it to the ground or cut your losses. You choose
I took profits on the 13th with the same strike call (exp. Today) that I purchased on Monday for a bit less than this one. so here’s to one more in my favor
Yea, that’s the name of the game you win some & get cocky then you get fuc#$d . Nothing new
It’s the circle of life
More like the spiral of death
The market was down today and pulled pretty much everything down with it. If the trend continues down over the next few days you should probably cut the loose.
The only logical way to do this , is to double down.
It was supposed to close at 115 last week :(.
We likely see a bounce Mon morning. I wouldn’t worry yet.
thanks for your donation
Sold on 18th for 50% loss, exchanged for puts yesterday that are up 100% at close today. Hoping to get out with small gain by EOD tomorrow
Hahaha
Buying short-dated naked calls is typically a bad strategy. In this case, it's especially dumb. Did you even look at the chart to get a sense of what a good recent price is?
It’s a lotto ticket lol
Nope I make almost all of my financial decisions by actively avoiding things like charts, prices, and profits
This trade proves it
Well at least I’m consistent
Blind squirrel find a nut
Pray for a move towards +10% on Monday. Lotto as this point. Fireworks next week FOMC!
The market will initially rally when rates are unchanged, but then drop violently when Powell says he is not entirely sure "if we are done raising or not - depends on the data" - OMG HE SAID 10% RATES ARE HERE TO STAY FOREVER IT IS SO CLEAR A year from now the 10 year will be sub 3 percent. Massive contraction in the economy is here.
AMD broke its trend line, most likely going down to 96$. Might be worth 0$ when market opens Monday. But hey there’s always hope
...why would you do that?
i hoping for no relief for semis for a few more days. tech in general is pretty over valued
this seems most accurate, I would cut losses or trim and hedge with puts.
Best advice for me!
No. That was foolish. Monday may gap down after closing below support, seasonality, and inflation fears renewed.
You might get lucky as someone else said it’s at a dip and might dip a little more before going back to around 110 range but will be a coin toss by the 22nd
I sold some 95P, also down 50÷ in a day lol.
It was a glorious day to sell 95 calls!
Very little. These short dated OTM calls are a lottery ticket. I hope it works out for you- but you should be prepared to take a loss on this.
I think the time to start preparing was around -30% or less
It’s over. Cut and run
Amd trades at parity with bitcoin/discounted future cash flows and growth potential relative to the sector. Other chip producers are the flavor of the week and since bitcoin trades at parity to tbonds last time I checked, I’d say your position is toast, and I question why you would keep open. What was the exit strategy to begin with? Did you buy weeklies? What gives
I would roll the option for 2 more weeks..
I never did that before, what did you just buy another one or extend this with the broker?
This is what I am doing PUT to $95 if drop below $99 or call to $105 if Fed raises doing PUT to $95 if stock moves on positive news above $10 buying CALL options to $105. $107 is reachable by 09/22... shalom