Interesting...bought some SEP 30 calls. Seems like a decent gamble...
The Super Terrific Happy Hour
- Thread starter Max E.
- Start date
I got some at $28 lol.
There it goes. You're gonna kill it with those calls I think. Give it a few. It wants to go higher, its just all the daytrading programs are taking pennies on the volatility and keep selling into strength. When it calms down, it'll stairstep up.
We'll see. I got a great fill in the initial volatility, was surprised I filled at my bid. Thanks for the heads up.
Don't thank me... its was the other Van... VanV..
I took the quick buck and bailed out.
G/L
I was thinking of going short so from the responses I decided not to do anything. If I had gone short near market open, I would have been stopped out. EFII closed basically where it opened today. Problem with EFII long is that institutions need to dump shares on any kind of irregularity. Also, cancelling earnings release at the last minute is not a good sign. I agree those lawyers will sue anyone. Instead I stupidly got stopped out of a GPRO pre market long. It looks like a Old Milwaukee happy hour tonight (not really).
I just like the rr ratio on the calls if it turns out to be nothing. Not a daytrade for me.
AMD is going to be very interesting next week, it either bounces here or it goes below 13, im going to be looking closely at it over 13.10 tomorrow, and over 13.20 specifically.
If it clears out 13.20 i will be going long.
Its Right on the 50 day, the trendline, and support here, and every day trader in the world is watching it, it has lots of potential to put in a big up move here, but tomorrow is a summer time monday so probably shouldnt get too aggressive.
If it clears out 13.20 i will be going long.
Its Right on the 50 day, the trendline, and support here, and every day trader in the world is watching it, it has lots of potential to put in a big up move here, but tomorrow is a summer time monday so probably shouldnt get too aggressive.
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Over 13.20 i think AMD gets to 13.50+ pretty easily and you can put all the size you want into this thing, dont just go crazy and load up into it until it confirms the trend, its a non news trade, start out light, and add it it as it goes, and just realize if it gets going its pushing stops hard here.
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NVDA reports Thurs after the close. Its priced to perfection. Nervous nellies might (or might not) start unloading NVDA into Thursday.
Either way, I think AMD is going to trade this week purely on the NVDA sentiment.... and that sentiment will be based on the Street's expectations of NVDA's forward guidance.
AMD had a solid quarter... if NVDA starts running, AMD will follow.