I scaled up, why my entry was not $30 or $50, too distracted. Started buying in the once it headed for the$70s, three more adds below $120. Pure gambling and luck.
Duration, almost two hours. The last few trade halts lasted over thirty minutes.
Low Dollar Cheap Ass Trades Journal. Beer Cash 2022.
- Thread starter TrailerParkTed
- Start date
Duration, almost two hours. The last few trade halts lasted over thirty minutes.
If this is classified nunya, no-problemo, lol. (nonyafuggin business) but you are makin this work for ya which ever way, when, and how you enter manage and exit these babies.
For an average run of the mill option play you take, what's ballpark coming out the mill for the typical 100 dollar bill that you roll into it over 100 trades, win lose or draw. This is personal business and this is one rude ass question but what the hell, all you gotta do is type nunya. In that case. my bad.
It's encouraging for us interested by the idea of plugging years of price action trading into the options world via straight-fok Buy or Sell to enter, using EITHER Puts. OR Calls. For each execution. No underlying, no body english, no wishy no hopey, manage the trade based off of the underlying chart of whatever stock is under the chart.
Do you ever mess around with sqqq/soxl or other etfs?
What's a good beverage for when you sit back and have a victory seegar?
Stocks like that IPO BIAF I watch, grabbed a few shares at $8.7 average. Using the QQQ $295puts(Paid $2.18 on 30 contracts) gains to fund this venture. My target from the $295s was $4 when I posted earlier on this thread. Watch BIAF, not saying its the next stock from Yesterday. Market is obviously ugly as hell, playing small is key to life.
There's no risk for me on this trade because of the gains from the QQQs. BIAF might tank, I don't like the share count. Micro floats are the best for great gains with these IPOs.
It's halted at $13.75, up no more posting about BIAF because there's no reason.
QQQ $301 puts, average $1.30s-stopped buying $1.50s. made about $1 on the contracts. Out, taking most of the day off. The QQQs have been incredible
Exit $2.25-$2.35.
Exit $2.25-$2.35.
OKTA $65 Calls, started buying in the $.20-$.45 range.
40 contracts. Ave $.39
.8-
Sold 90percent between $.8-$1.20. A triple on some
40 contracts. Ave $.39
.8-
Sold 90percent between $.8-$1.20. A triple on some
Strike while the iron is hot, 6 of Tues Sept 6, 300s paid $1.8 out $2.63(Now), 9-2 QQQ $302 paid $.9-1.20 out $2.2+ they expired today.
Qqq $302 hit $4.90, $4 for the $300s. Breakfast is not worth $7k. Had to leave, wkud?
$7.00 and $6.00, I knew the gap was BS.