The Super Terrific Happy Hour

[vanzandt]

Short small ES 2437 redemption is mine we are going to melt down into the close.

Hey max...
At the open today, somebody bought 10,800 NKE $53 calls for next week for .11 as best as I can tell.
They're .45 now. Nothing like turning $118,000 into a half million in a day
And they did it on the $53.50's
I guess Nike's going up.
Lebron maybe?

 

[Max E.]

added another 2437.25

 

[Max E.]

Hey max...
At the open today, somebody bought 10,800 NKE $53 calls for next week for .11 as best as I can tell.
They're .45 now. Nothing like turning $118,000 into a half million in a day
And they did it on the $53.50's
I guess Nike's going up.
Lebron maybe?

Do you got a news service for those huge option sweeps? i know theres a couple out there, its uncanny how someone just nails the options then something big happens, like if anyone at the sec can even think for themselves it seems so obvious.

 

[Max E.]

Ended up making 450 on the ES and about 300 on the day, thought i was going to end up taking a bath on this one, the thought process was that there had to be some kind of selling into the close on a friday after how far weve come after just 2 weeks. I just didnt see how it could take out the highs, but admittedly my balls were in a vice at 2439, if it broke 2440 i was probably looking at a thousand dollar loss, im very grateful to get that bounce down.

This market is just relentless, every time you think its breaking down the bid just refreshes and absorbs, and it doesnt drop, its insane that its this powerful 100 points up off the bottom that was set a couple weeks ago.

 

[Max E.]

Hey max...
At the open today, somebody bought 10,800 NKE $53 calls for next week for .11 as best as I can tell.
They're .45 now. Nothing like turning $118,000 into a half million in a day
And they did it on the $53.50's
I guess Nike's going up.
Lebron maybe?

"Wall street Jesus" used to be a good guy to follow on twitter for these option sweeps, but he kind of spams now and i think hes in some kind of pay service. But yeah if i could trade my 300 bucks for a half a million....... id probably take my three hundred bucks cause i know i worked for it......

Fuck that id take the half a million in a second, there is no nobility in working harder in the market, if anything hard work is a liability cause it means you had to fight the stock all day.....

 

[Max E.]

BTU is not losing money hand over fist because it is now really
an Australian Metallurgical coal and transportation company.
Current BTU is post bankruptcy recapitalized company with
US energy coal assets mostly gone.

Yeah i knew BTU was a dogshit company and a dogshit chart, yesterday i just thought when Trump pulled out of paris accord if would be headline news all night, so my thought was coal cvompanies and BTU seemed like the most obvious which it was thought there would be a gap up on the overnight headlines..... but there is literally nothing in the world that can drag that piece of shit back up, it was a stupid gamble on my part.

 

[vanzandt]

Do you got a news service for those huge option sweeps? i know theres a couple out there, its uncanny how someone just nails the options then something big happens, like if anyone at the sec can even think for themselves it seems so obvious.

Its pretty easy really, just use your broker's software to screen for unusual volume vs low open interest.
They all have it, you just need to set it up and create an alert. Or hit refresh throughout the day.

 

[Max E.]

Its pretty easy really, just use your broker's software to screen for unusual volume vs low open interest.
They all have it, you just need to set it up and create an alert. Or hit refresh throughout the day.

Im not sure if IB's scanner has something for unusual option volume, i used to use trade ideas, but im such a degenerate gambler when i had trade ideas i felt like i had to get involved in every single parabolic move, so it caused more headache than anything. These days im in 1 chat with 6 guys who are all smarter than me, and then another chat with like a thousand people. Thats my real time intraday scanner now, if none of us notice it, its probably something so obtuse i dont want to be involved.

 

[Chuck Krug]

What is the big chat room called? Can I join in? I promise I'll behave

 

[vanzandt]

Im not sure if IB's scanner has something for unusual option volume, i used to use trade ideas, but im such a degenerate gambler when i had trade ideas i felt like i had to get involved in every single parabolic move, so it caused more headache than anything. These days im in 1 chat with 6 guys who are all smarter than me, and then another chat with like a thousand people. Thats my real time intraday scanner now, if none of us notice it, its probably something so obtuse i dont want to be involved.

What is the big chat room called? Can I join in? I promise I'll behave

Me too