User Panel
User Panel
User Panel
|
Posted: 9/26/2021 7:14:12 PM EDT
[#1]
Quote HistoryOriginally Posted By Vengeance6661: And does that open price carry over from premarket? No. You can get crazy swings at market open. |
|
|
|
|
Posted: 9/26/2021 7:15:35 PM EDT
[Last Edit: CajunMojo]
[#2]
Quote HistoryOriginally Posted By Vengeance6661: I want to get in on rycey tomorrow AM. If I put a buy order for on the open, does that buy a premarket price on the open? Meaning it closed for 1.78 Friday. Will an on the open order get that price? It's been a while since i had any RYCEY, but it seems they didn't trade extended hours. I may have had to use limit orders also, similar to OTC stocks... or maybe it is an OTC now.  Edit: I just pulled a chart on ATP and seems they do trade extended, but the volume is very thin. That 10 day chart is crazy. Looks like a set of stairs, jumped daily and flatlined. My pic looks broken.   Attached File |
|
|
|
|
Posted: 9/26/2021 7:22:18 PM EDT
[#3]
Quote HistoryOriginally Posted By KaiK: I'm going to sell in the money calls at $2 above max pain. It's going to fall back down. And if it doesn't fall all the way back down I can just buy the calls back cheap or roll them out. Quote HistoryOriginally Posted By KaiK: Originally Posted By Total53: The reddits are going nuts over the 260% bs. I never did fill out my position, started to then work got stupid. Trying to figure out if I just sell what I have? Or maybe set a limit for half to cover the investment then hold the rest for the spin off circus  I'm going to sell in the money calls at $2 above max pain. It's going to fall back down. And if it doesn't fall all the way back down I can just buy the calls back cheap or roll them out. What did max pain end at on the close Friday? And when/if we get the spike Monday intra-day, do you think it will be around the same max pain? I’ve been waiting for the damn spike so I can sell 35 contracts. Can you let us know what max pain is when you’re about to sell your calls? I have $8.75, $9.00 and $10.76 cost basis I need to plan my call contracts around. |
|
|
|
|
Posted: 9/26/2021 7:34:00 PM EDT
[#4]
Quote HistoryOriginally Posted By FelisTacet: What did max pain end at on the close Friday? And when/if we get the spike Monday intra-day, do you think it will be around the same max pain? I’ve been waiting for the damn spike so I can sell 35 contracts. Can you let us know what max pain is when you’re about to sell your calls? I have $8.75, $9.00 and $10.76 cost basis I need to plan my call contracts around. That is an fugly cost basis, thought mine was bad at $7.80.  Gonna take a shit-ton of FOMO. 
|
|
|
|
USA
|
Posted: 9/26/2021 7:36:51 PM EDT
[#5]
Quote HistoryOriginally Posted By KaiK: No. You can get crazy swings at market open. Got ya thanks. So maybe wait til a few hours after to buy? |
|
|
|
Posted: 9/26/2021 7:39:02 PM EDT
[#6]
Quote HistoryOriginally Posted By FelisTacet: What did max pain end at on the close Friday? And when/if we get the spike Monday intra-day, do you think it will be around the same max pain? I’ve been waiting for the damn spike so I can sell 35 contracts. Can you let us know what max pain is when you’re about to sell your calls? I have $8.75, $9.00 and $10.76 cost basis I need to plan my call contracts around. Max pain was $7 for next week. But it could be different tomorrow. I'll probably sell at the 15th because that's when my calls are for. No way to know when max spike will be or if people will FOMO like crazy tomorrow. We just have to wait and see. You can just sell calls above your cost and you will be good. Does your app not show average cost per share? |
|
|
|
|
Posted: 9/26/2021 7:40:11 PM EDT
[#7]
Quote HistoryOriginally Posted By Vengeance6661: Got ya thanks. So maybe wait til a few hours after to buy? You never know. |
|
|
|
|
Posted: 9/26/2021 7:42:49 PM EDT
[#8]
Quote HistoryOriginally Posted By Total53: That is an fugly cost basis, thought mine was bad at $7.80. Gonna take a shit-ton of FOMO. I'm at $8.59. But it doesn't matter to me. I'm long on this one just to sell calls forever. |
|
|
|
|
Posted: 9/26/2021 7:54:29 PM EDT
[#9]
Quote HistoryOriginally Posted By KaiK: Max pain was $7 for next week. But it could be different tomorrow. I'll probably sell at the 15th because that's when my calls are for. No way to know when max spike will be or if people will FOMO like crazy tomorrow. We just have to wait and see. You can just sell calls above your cost and you will be good. Does your app not show average cost per share? Quote HistoryOriginally Posted By KaiK: Originally Posted By FelisTacet: What did max pain end at on the close Friday? And when/if we get the spike Monday intra-day, do you think it will be around the same max pain? I’ve been waiting for the damn spike so I can sell 35 contracts. Can you let us know what max pain is when you’re about to sell your calls? I have $8.75, $9.00 and $10.76 cost basis I need to plan my call contracts around. Max pain was $7 for next week. But it could be different tomorrow. I'll probably sell at the 15th because that's when my calls are for. No way to know when max spike will be or if people will FOMO like crazy tomorrow. We just have to wait and see. You can just sell calls above your cost and you will be good. Does your app not show average cost per share? I understand we won’t know what the spike will be, just that I thought max pain will follow it somewhat. I have average cost per share. 1,500 @ $8.75 500 @ $9.00 1,500 @ $10.76 I was buying in around the first and second week we heard about it here, that’s why my average is so high lol.  |
|
|
|
|
Posted: 9/26/2021 8:11:04 PM EDT
[#10]
Quote HistoryOriginally Posted By Vengeance6661: Got ya thanks. So maybe wait til a few hours after to buy? Hey Venge I looked at the RYCEY chart and there are some gaps, where it jumped on open. The law of the jungle (read market) states that all gaps must be filled. If you can get past the DoD contract FOMO and wait for that $1.70 gap to fill you might save a few pennies. A word on the gap, it can fill the next session/day/week/year/decade.  If it was me that wanted RYCEY @ 1.78, I would place a GTC limit order in right now. If pre-market starts running and you really think the pps will run, try to jump in front of it by adjusting your limit. IBKR will fill my orders as soon as legal trading starts for my tier of service. I will get 7 or 8 warning check boxes but the order will go in. Also, the bid/ask are usually very wide during both PM and AH, sometimes you can get a really decent bargain. Good Luck. 
|
|
|
|
USA
|
Posted: 9/26/2021 8:13:56 PM EDT
[Last Edit: Vengeance6661]
[#11]
Quote HistoryOriginally Posted By Total53: Hey Venge I looked at the RYCEY chart and there are some gaps, where it jumped on open. The law of the jungle (read market) states that all gaps must be filled. If you can get past the DoD contract FOMO and wait for that $1.70 gap to fill you might save a few pennies. A word on the gap, it can fill the next session/day/week/year/decade. If it was me that wanted RYCEY @ 1.78, I would place a GTC limit order in right now. If pre-market starts running and you really think the pps will run, try to jump in front of it by adjusting your limit. IBKR will fill my orders as soon as legal trading starts for my tier of service. I will get 7 or 8 warning check boxes but the order will go in. Also, the bid/ask are usually very wide during both PM and AH, sometimes you can get a really decent bargain. Good Luck. Thank you sir 
|
|
|
|
Posted: 9/26/2021 8:52:26 PM EDT
[#12]
Quote HistoryOriginally Posted By FelisTacet: I understand we won’t know what the spike will be, just that I thought max pain will follow it somewhat. I have average cost per share. 1,500 @ $8.75 500 @ $9.00 1,500 @ $10.76 I was buying in around the first and second week we heard about it here, that’s why my average is so high lol. You are higher than me but I averaged down. And I have been selling calls on it this whole time. Until someone bought all those $6 strike calls. Then I started buying them. It looked like we hit the bottom of the down cycle Friday. Should get some ups now. We will see what happens tomorrow. Max pain can change when market makers sell more calls and puts. |
|
|
|
|
Posted: 9/27/2021 12:13:09 AM EDT
[#13]
Quote HistoryOriginally Posted By KaiK: There sure is a lot of pump and FOMO about BBIG for tomorrow. Things might get very interesting.  Now I kind of want those 3000 shares at $6. Lol. Let them pump. I shall sell calls! |
|
|
|
|
Posted: 9/27/2021 3:10:02 AM EDT
[#14]
kaik, what kind of calls are you selling on bbig? I think I'm going to start doing some tomorrow. How far out do you set them? How do you gauge what you set the price to? Might as well make some $ off this.
Also, when I was looking at the prompt for the call, it is saying max profit : xxx, max loss : unlimited. So confused. There has to be a point the stock goes to zero and it stops creating more loss? And in honor of Ms Mavis...  
|
|
|
|
|
Posted: 9/27/2021 4:58:11 AM EDT
[#15]
BBIG up over 22% premarket boys.
|
|
|
|
|
Posted: 9/27/2021 5:16:15 AM EDT
[Last Edit: FelisTacet]
[#16]
Quote HistoryOriginally Posted By 70satvert: BBIG up over 22% premarket boys. Ayup! I’ve been watching it since pre-market opened, if pre-market sticks I can FINALLY sell calls on it and get a decent premium. It’s just been too shorty over the last 10-12 days to where I wanted to wait. This week I was going to sell contracts regardless since something would be better than nothing. |
|
|
|
|
Posted: 9/27/2021 5:20:02 AM EDT
[Last Edit: KaiK]
[#17]
|
|
|
|
|
Posted: 9/27/2021 5:25:36 AM EDT
[Last Edit: FelisTacet]
[#18]
Quote HistoryOriginally Posted By KaiK: $9 strike for oxt 15 th probably. Let's see where she goes lol. https://www.ar15.com/media/mediaFiles/173565/Screenshot_20210927-041839_thinkorswim_j-2107752.JPG I’m going to evaluate 10/8 against 10/15 to see what I want to do. If I think it’s gonna run over a longer timeframe maybe I’ll go with the 10/8 calls, but if the 10/15 are just too good I may go for those and wait for the dip if I don’t think it’s going to run away before then. This stock is so weird there’s no knowing what’s going to happen though. |
|
|
|
|
Posted: 9/27/2021 5:30:25 AM EDT
[#19]
Thinking about pulling out of the market. Im afraid its going to keep dropping along with Chinas economy. But if I do, sweet mavis will shoot up to $30 a share again.
 About to lose my job next month over the vaccine bullshit. Most likely, anyways. Not a fan of this shit.
|
|
|
|
|
Posted: 9/27/2021 5:37:01 AM EDT
[#20]
Quote HistoryOriginally Posted By hitchhiker: Thinking about pulling out of the market. Im afraid its going to keep dropping along with Chinas economy. But if I do, sweet mavis will shoot up to $30 a share again. About to lose my job next month over the vaccine bullshit. Most likely, anyways. Not a fan of this shit. My answer to your first paragraph, it’ll come back. Look what we saw when COVID first hit, and what people made when they bought in at that time. Your second paragraph, I totally understand what you’re going through. I hope to God my company is willing to let us do the weekly testing...IF the fucking Biden admin is even really going to allow OSHA to give companies that option. 
|
|
|
|
|
Posted: 9/27/2021 6:06:44 AM EDT
[Last Edit: hitchhiker]
[#21]
Testing was supposed to be an option. Then they changed their minds last thursday.
|
|
|
|
|
Posted: 9/27/2021 6:40:30 AM EDT
[Last Edit: apexcrusade]
[#22]
We have some action, BBIG up 17% It's up BBIGLY
|
|
|
|
|
Posted: 9/27/2021 6:51:23 AM EDT
[#23]
Today is the day, I can feel it.
|
|
|
|
|
Posted: 9/27/2021 6:54:27 AM EDT
[#24]
Quote HistoryOriginally Posted By Malbec: Today is the day, I can feel it. 
|
|
|
|
|
Posted: 9/27/2021 7:00:34 AM EDT
[#25]
Quote HistoryOriginally Posted By hitchhiker: Testing was suppsed to be an option. Then they changed their minds last thursday. I feel for you guys and do support your choice in the vax bs. I just remember when we were kids, sometime around 1st grade they lined us all up an vaccinated us against something? Maybe Polio or Measles? Mid/late 60s, very scary for a kid, some nurse with an air gun shooting it into your shoulder. For Mrs. Total and myself, we help care for her 98 yo Grandmother so we just did it as soon as it was available. No real long term issues. I hope you guys don't lose your job/lively-hood.
|
|
|
|
|
Posted: 9/27/2021 7:25:14 AM EDT
[#26]
Quote HistoryOriginally Posted By hitchhiker: Thinking about pulling out of the market. Im afraid its going to keep dropping along with Chinas economy. But if I do, sweet mavis will shoot up to $30 a share again. About to lose my job next month over the vaccine bullshit. Most likely, anyways. Not a fan of this shit.  Attached FileMoney printer go burrrr. |
|
|
|
|
Posted: 9/27/2021 7:27:42 AM EDT
[Last Edit: KaiK]
[#27]
That NKLA too.
|
|
|
|
|
Posted: 9/27/2021 7:39:04 AM EDT
[#28]
C'mon BBIG, we need a home run here.
|
|
|
|
|
Posted: 9/27/2021 7:52:30 AM EDT
[#29]
Quote HistoryOriginally Posted By Total53: C'mon BBIG, we need a home run here. https://media.giphy.com/media/R10mcXXhGlYsM/giphy.gif?cid=ecf05e478r5dqmzbcib7jgqqdr0z2hun234k44yklzinmoxk&rid=giphy.gif&ct=g I'm okay with a bunch of singles. |
|
|
|
|
Posted: 9/27/2021 7:59:26 AM EDT
[#30]
Quote HistoryOriginally Posted By KaiK: I'm okay with a bunch of singles. Almost 8 Eastern, let's see if the Robinhood crew ate the FOMO? |
|
|
|
|
Posted: 9/27/2021 8:06:36 AM EDT
[#31]
Quote HistoryOriginally Posted By Total53: Almost 8 Eastern, let's see if the Robinhood crew ate the FOMO? Quote HistoryOriginally Posted By Total53: Originally Posted By KaiK: I'm okay with a bunch of singles. Almost 8 Eastern, let's see if the Robinhood crew ate the FOMO? They trade at 9am ET, iirc. |
|
|
|
|
Posted: 9/27/2021 8:20:08 AM EDT
[#32]
Quote HistoryOriginally Posted By CajunMojo: They trade at 9am ET, iirc. Somebody turned on at 8 because BBIG bumped up over 7.60. 
|
|
|
|
USA
|
Posted: 9/27/2021 8:32:08 AM EDT
[#33]
Quote HistoryOriginally Posted By apexcrusade: We have some action, BBIG up 17% It's up BBIGLY I sooo wanted to buy under $6 Friday, but before I first bought BBIG I promised myself I wouldn't buy more than 500 shares, and I already had 500 (at an average cost over $8, yuck) |
|
|
|
Posted: 9/27/2021 8:37:22 AM EDT
[#34]
|
|
|
|
|
Posted: 9/27/2021 8:39:25 AM EDT
[Last Edit: KaiK]
[#35]
Looks like bbig is consolidating doing a pennant. Getting ready for next move.
 Attached FileThe one minute shows a better picture. Trying to get to resistance line. Needs a little push.  Attached FileJust like when we went down. It hit the line a few times before it could break it. |
|
|
|
|
Posted: 9/27/2021 8:44:07 AM EDT
[#36]
Dammit, you guys make it happen
|
|
|
|
|
Posted: 9/27/2021 8:50:42 AM EDT
[#37]
Damn, now NKLA is sucking.
|
|
|
|
|
Posted: 9/27/2021 8:52:22 AM EDT
[#38]
Quote HistoryOriginally Posted By KaiK: Damn, now NKLA is sucking. Hmmm. I looked up 'sucking' in TDA's glossary of stock terms and could not find it. |
|
|
|
|
Posted: 9/27/2021 9:10:39 AM EDT
[#39]
 
|
|
|
|
OK, USA
|
Posted: 9/27/2021 9:22:38 AM EDT
[#40]
Quote HistoryOriginally Posted By hitchhiker: Thinking about pulling out of the market. Im afraid its going to keep dropping along with Chinas economy. But if I do, sweet mavis will shoot up to $30 a share again. About to lose my job next month over the vaccine bullshit. Most likely, anyways. Not a fan of this shit. Most really smart financial people I'm reading don't advocate getting out of the market. I've said it before, but I'd be wary of buying ETFs that index the broader market. There will still be money to be made but you'll have to do more DD. I'm a big fan of Real Return or Absolute Return over Relative Return. |
|
|
|
Posted: 9/27/2021 9:48:37 AM EDT
[Last Edit: blupupher]
[#41]
So what happened with BBIG last week?
Last I read my understanding was we had been waiting for the quarterlies to drop for almost a week and screw the shorts, turning into nice profit, but nothing like that has happened. Was the report not what was expected, or some other screwing by the shorts to those hoping for a pop? I had bought in initially at end of August for ~$6.50, sold at $10.20, and bought back in @ ~$9.60 with the expectation of another pop. I am now just holding it wondering what to do with it? If I get out now, I would still be ahead by $100 or so. |
|
|
|
|
Posted: 9/27/2021 9:51:12 AM EDT
[#42]
Man I should have bought more rklb. They just got another contract.
|
|
|
|
|
Posted: 9/27/2021 10:01:13 AM EDT
[Last Edit: 58Teague]
[#43]
BBIG: Closed out the $8 oct 15 call I bought last week as it hit over %100 so I took profits.
Also sold one $9 call for same exp. Wanted to sell the call today anyways for theta decay purposes, and this morning jump seemed right. |
|
|
|
|
Posted: 9/27/2021 10:02:51 AM EDT
[#44]
Quote HistoryOriginally Posted By RatherBeLifting: Most really smart financial people I'm reading don't advocate getting out of the market. I've said it before, but I'd be wary of buying ETFs that index the broader market. There will still be money to be made but you'll have to do more DD. I'm a big fan of Real Return or Absolute Return over Relative Return. Quote HistoryOriginally Posted By RatherBeLifting: Originally Posted By hitchhiker: Thinking about pulling out of the market. Im afraid its going to keep dropping along with Chinas economy. But if I do, sweet mavis will shoot up to $30 a share again. About to lose my job next month over the vaccine bullshit. Most likely, anyways. Not a fan of this shit. Most really smart financial people I'm reading don't advocate getting out of the market. I've said it before, but I'd be wary of buying ETFs that index the broader market. There will still be money to be made but you'll have to do more DD. I'm a big fan of Real Return or Absolute Return over Relative Return. Evergrande may be China's largest developer, but they are only 4% of the market, and that have collateral that covers most, if not all of their debt. Media is overplaying the impact. |
|
|
|
USA
|
Posted: 9/27/2021 10:09:56 AM EDT
[#45]
Dammit.
Interactive Borkers finally let me log in, after BBIG dropped from 7.3 to 7.07. |
|
|
|
Posted: 9/27/2021 10:16:41 AM EDT
[#46]
Quote HistoryOriginally Posted By blupupher: So what happened with BBIG last week? Last I read my understanding was we had been waiting for the quarterlies to drop for almost a week and screw the shorts, turning into nice profit, but nothing like that has happened. Was the report not what was expected, or some other screwing by the shorts to those hoping for a pop? I had bought in initially at end of August for ~$6.50, sold at $10.20, and bought back in @ ~$9.60 with the expectation of another pop. I am now just holding it wondering what to do with it? If I get out now, I would still be ahead by $100 or so. I haven't heard anything except for the rumor of 267% float from some random internet guy. I guess a bunch of people bit and it jumped. Wtf happened to dpls? Huge sell early. |
|
|
|
MO, USA
|
Posted: 9/27/2021 10:23:04 AM EDT
[#47]
FWIW, no options chain on RYCE.
|
|
|
IN, USA
|
Posted: 9/27/2021 10:40:41 AM EDT
[#48]
Quote HistoryOriginally Posted By m6z: FWIW, no options chain on RYCE. Sure there is... just not American options and you need 2900 and some shares for a contract |
|
|
|
Posted: 9/27/2021 10:42:27 AM EDT
[#49]
|
|
|
|
|
Posted: 9/27/2021 10:44:49 AM EDT
[#50]
I did sell 3 bbig Oct 1 $8 calls when the stock was around $7.20. I think they were 50 cents lol. I overslept and made haste to sell them when I first saw the price.
|
|
|
|
Win a FREE Membership!
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.
Attached File
Attached File
Attached File