Still think TITNC3: Return of the Iceberg was peak

I saw some at that strike come through the flow. They’re betting on a bounce.

 

I already have some farther 7.5 calls that could benefit from the bounce but my GME calls have been printing today.

Lets see if A) it holds up until the end of the day and B) if I can have them make more on Tuesday

 

GME 210 P for today? Easy money

 

Set a 5% trailing stop on my last $NVDA call on this pop...11/26 $297.50
Paid $1126
It's over $3000 right now...
Plus we lose a trading day next week so that time value can be 20% more deceptive!

 

Up 107% on it!!

 

I should have bought the dip on $MU
I have calls in my IRA I bought many moons ago that went from $1000 to $140...so that's a good way to wipe out some $$ but with this spike we could be back in business...

 

those GME weeklies were a good call so far

Although, I can't seem to get trailing stops for calls working nicely on fidelity.

no matter what limit I set it's a loss lol

nvm. I have to put the dollar amount I'm trailing behind like .05

 

Ne

Next week is the 90 day spike

 

yup! Tuesday is the big day and this can be a "gamma ramp"

Tuesday is also the day RC can speak...

 

Ok. @theesotericone puts can print now. I gut mines.

 

And despite what I’ve seen every week I still don’t have the balls to sell the $220 gme covered call right now

 

Puts

 

well I'm confused.

set a trailing stop of .05 for a $128 gain and it straight up never triggered.

Up 150% to now only 50%

 

Expiration today?

 

when did you set it?
Was it on an option?
Option trailing stops default to single day. If it wasn't good till cancelled..

Post the order or a screen shot.
Edit out any account info

 

Next friday expiry

yeah I have 4 $500c and I set two to sell with a trailing stop trail amount at $0.05 so if the premium dropped .05 I thought it would trigger

I watched it go from sell two and let the other 2 ride as I made my money back and now I'm only up 30%


From Fidelity:

Trailing Stop ($)
A trailing stop for options adjusts your stop price if the market moves in a favorable direction. You select a dollar amount by which your stop price will trail the option's last, bid, or ask price. A trailing stop order follows stop loss rules for triggering a market order. For sells, trailing stop orders will be entered below the current market price. For buys, trailing stop orders will be entered above the current market price.

Trailing Stop Limit ($)
A trailing stop limit for options adjusts the stop limit price if the market moves in a favorable direction. You select a dollar amount by which your stop limit price will trail the option's last, bid, or ask price. A trailing stop limit order follows stop limit rules for triggering a limit order. For sells, trailing stop limit orders will be entered below the current market price. For buys, trailing stop limit orders will be entered above the current market price.

 

You can see where I entered the trail amount. It blew past it like it wasn't there smh

 

Hopefully finding me a got danged GPU at a reasonable price

 

DFCO havin a go..