Still think TITNC3: Return of the Iceberg was peak

Puts? Yes.

 

Newer to options trading so was trying to get a feel. Probably should have elaborated some

 

Look at the 2 year chart
Creation of APE specialty shares after a No vote on dilution, thereby end-running the investors.
Selles APE equity shares for sixty cents (when they listed at $9) directly to a hedge fund at a discount than the current market price (lmfao)
10:1 Reverse Split
every time there's even a hint of a run the CEO doom-tweets or dilutes the stock
Took home something like $25m in compensation last year while the share price dropped 95%
Hollywood strike/streaming competition
Massive debt, something like $6b
They still haven't caught up to pre-pandemic numbers for revenue

She's dead, Jim

 

After owning 100 shares of $DKNG at $59 a share and a lot of dollar cost averaging for almost 2 years I'm finally green on my DraftKings right now

 

I had some at 11.xx that I accidentally sold around 15 when I thought I was selling a different stock.

 

I think that's about my lowest buy price...WTF didn't I just buy 100 at $11....

 

$GME

 

Yea I was like, eh made a couple bucks a share in a few weeks. Why re buy it and risk erasing that. that was when it was bouncing both ways on/off. Oh well

 

Read about options... Options made simple A beginners Guide...
I also Liked "Options made easy" by Guy Cohen
Have some fun...
Don't bet more than you can lose...
Take profits....

 

Sniffing around $LEU
they are a HALEU manufacturer which is an essential fuel for the Natrium reactors that are EVENTUALLY going to replace coal/Natural gas power plants...
Like the Naughton in Wy.


They had very good earnings and the market did not respond appropriately...

Deep value here???

 

Sooo... @theesotericone you have a $RIOT position right now? Or did you close?

 

Thank you so much!

 

Join us, lose it all, it's the way to do things.

If you're trying to learn, start with something easy, hate to say it, SPY has a REALLY active options chain. Get a feel for what things are and what things do what. Then start with some easy industrials, like Ford (my go to), Microsoft, Apple, looking purely at a company and seeing their fundamentals, but still with BIG companies that are established and won't have a lot of hoopla.

Figure out your niche, and then play from there. I like small/mid cap biopharmas, they're SUPER volatile, so it makes it a lot of fun.

Then, ignore everything you learned, listen to what Kairo says and just YOLO your life earnings on options for whatever he says will happen.

 

Well...
$NVDA $750 didn't pay off today..
But the one for NEXT week is percolating nicely...

Shulda YOLO'd

 

I'm still long RIOT via shares. Gonna hold out until at least $20 which should be next Thursday. lol

 

@TreeFortRichard

Notice the OBV and MACD ramping up. Then today's green candle is WAY outside the Bollinger Bands. That doesn't happen often. lol

 

Add $BTC to your chart and overlay...might see a similar candle today...

 

For sure. BTC broke through the upper BB's but the candle starts inside it. RIOT started outside the BB's. I just read an article a few minuets ago that stated 72% of crypto analysts think BTC will go up past $50K by halving. I don't disagree. RIOT also diverged from BTC about 10 days ago. The last time that happened was back in 2021. We all saw what happened after that. If either go parabolic I'll be stoked. Riot should push easily to $20 in the next few weeks and after BTC's quick hop up to $48K today I'm pretty sure it's still got room to run. Either way, I'm green so holding is easy. lol

 

Idk man the liquor store i work at is about to be downsizing our space for it on the shelves. Like every 3 months now we get a 3-5k credit from the distributor for cases that have gone out of code. Sales guy just plain refuses to give it a year or two and only send what we can sell in the mean time

 

It's an absolutely insane lesson and how $100,000 a year employee with a $25,000 ad campaign can ruin $4 billion worth of revenue