I haven't traded for a minute, just left my positions to run longish term. But, for FOMC tomorrow, and the rest of the week, I am taking my chances on a bullish run, loaded up heavily with calls on $SPY $SPX and $QQQ. Fingers crossed for $SPX 6000 before end of the week.
A FINISH YOU HAVE TO SEE TO BELIEVE! 😱
ALEX SEDRICK LEADS TEAM USA TO THE FIRST-EVER OLYMPIC RUGBY SEVENS MEDAL FOR THE UNITED STATES ON THE FINAL PLAY OF THE GAME! 🥉 #ParisOlympics
@Chum_Chum01@Chance_angle if you paid about $27 for each put, that means that you gotta be $27 in the money at the time of expiration to break even. so in your case, 603 is where you are not in a loss. If you sell sooner than expiration, you may collect a few bucks of premium too.
I have a short position on $NFLX earnings today after the bell. The expected move is $55, but I think if something is not "great" on the report, they can drop 120-140. We shall see... 🤞🤞🤞
@Chum_Chum01@Chance_angle too early to judge. Wait for their conf call, then it'll get into a down or up trend. but if it stays bellow 600, you will be good.
@Chum_Chum01 That question can only be answered by yourself. everyone has their own risk. If it fades over 100$, then you'll be up roughly $15k, which is nice, but if it pops, you will lose a little over $6k. I play shares, less risk, but less reward too.
She bought 800C exp 6/25, which cost around $898 at the ask as of yesterday's close. the share price is at $1657 at yesterday's close, which means she is $857 ITM, which is only $50 lower than the ASK for 6/25 800C. Smart move.
NEW TRADES FROM NANCY PELOSI ⚠️
Bought 20x $AVGO $800C expiring 6/20/25
Bought 10,000 shares of $NVDA
Sold 2,500 shares of $TSLA
Sold 2,000 shares of $V
The main plays of the morning so far:
$CVS short, sympathy to $WBA.
$MU and $LEVI shorts, could not bounce after earnings drop.
Let's see how far these will bleed.
Are you long or short $FDX for the earnings?
Options are pricing in an $18 move either way. My bet is it moves about 30-35$. Probably more aggressive on the downside than the upside.
I've got a long position, waiting for AH.
#earningsGamble