Still think TITNC3: Return of the Iceberg was peak

I have enough shares that when that happens I can sit at home, play AOE and day trade.

It's sus to me that those trades happen daily and RIGHT when they need to. I'm glad we have access to them because my goodness is it worth it so far.

 

Also, this is why I'm still practicing.

My exit strategy wasn't a good one. It was safe, but I need to do a better job



this tells me I should have set a trailing stop of maybe .09 or something and let it ride vs selling when I saw the MACD started to cross back under the signal...

 

Yep. Someone always knows. Like the Del Taco news yesterday. Did you see all those calls come in last week? The $10c were up +25k%.

 

I did not, I just started on Thursday last week so I didn't see that. but THOSE are what's great about this platform.

It's sus, but hey, we can still profit....

 

My calculations appear to have been off. Tomorrow is the actual day.

 

don't forget the taxes...
https://www.youtube.com/watch?v=QAcQZruv3Vc

 

So for all you options newbies...watch out for NEGATIVE time value on a option.
It means they are low volume contracts that when in the money do not follow the share price..
For instance you have a $5 call. 3 days ago one sold for $4.90 when the stock was $9.50...So your time value went to $0.40 (5+4.90-($9.50)) Well 2 days later the stock is trading at $10.50 and the options have not had any volume/sales since that contract...So now time value is (5+4.90[the last sale price]-10.50[current sale price]) is now -$0.60

 

Well..
I like the preliminary looks...just gassing up a

 

You're on shit contracts
No, really it's usually for out of the money LONG contracts or in the money the price difference. It's just the difference between strike price and contract value.

 

PTON seems extremely bullish around the $44 mark by this friday.

 

my man ham!

 

And yet, we down

 

Yea, well that doesn’t help me

 

Sooooooooo, buy another 500 or so? hahaha.