UnknownUnicorn3924154

UnknownUnicorn3924154

Earlier this week I bought APPL $175 puts at $1.72, closed around $3.65, you could buy them back again now for $2ish. Going to just try a few $172.50's and turn into a spread in case this keeps falling....

UnknownUnicorn3924154

So far so good, this is a tough one to turn around completely after the downtrend it just had. Going to close out long term with 60% gain, then take a small short term position while the market digests the news from yesterday. Will post any reentry.

UnknownUnicorn3924154

Nice set up earlier in the week, looked like it should move and a stock that could move regardless of the FOMC decision. Took $74 calls from $0.70 to $2.30, 228% return...moving on for now

UnknownUnicorn3924154

Now that BNPL (Buy Now Pay Later) is souring, higher defaults, target demo less likely to be able to pay back, that puts the entire business model of Affirm at risk. Not to mention that there is almost nothing proprietary about the theory of buy now pay later (credit cards). So If we wanted to take a flier that this company is overvalued by several billion, I...

UnknownUnicorn3924154

Had some $80 calls for 12/31, pulled them into the same week $74 calls to get a quick potential push this week. Looks like a decent set up from now to end of week. Relative strength today in a bad market. Will close out tomorrow with a bad open.

UnknownUnicorn3924154

Nice consolidation day, still like this for a move before end of week. Holding a $300 call with a $240 put, waiting for a move.

UnknownUnicorn3924154

When we started to run last week, we touched $197...now we have the FOMC that is creating alot of anxiety and could end up causing more capitulation. If it doesn't, this thing runs again and I think goes over $200 quick. If not, the downside to the next volume shelf maybe at $140 is pretty far. Into the end of the week going to try a 12/31 $200 call/$170 put both...

UnknownUnicorn3924154

This is one that has been consolidating and trying to move, so on a day like this I am asking, Why does this have relative strength? Is this turning into a value play from a tech play? Taking note and considering another attempt at a call, but if I do I'll protect myself with something to the downside.

UnknownUnicorn3924154

Earlier this year we had the same pattern and were able to recover. More downside could be in play, but that doesn't mean that the future of BTC is in peril. If we can hold the $40's, maybe dip under and recover like last time, we should be good.

UnknownUnicorn3924154

Crypto needs to hold the f onto a level or else this will not be pretty. The interesting thing is that COIN can make money regardless of cypto prices, they just need that transaction volume. Fees are however lower on lower total value within the transactions. I think we need to hold $240 this week, or else we could test the previous lows. Plenty of time to sit and...

UnknownUnicorn3924154

If we do end up in a bear market, or just simply a slow pull back. These tech stocks that have been flying high could see some significant downside. I really like $SHOP, but with out new buying the downside levels could be $100's lower. Will keep watching and update.

UnknownUnicorn3924154

Still trying to figure out this stock after it FOMO'd us into some $100 calls on the COVID pill. Alot of other good pipeline drugs and news, with COVID news out there and this consolidating, could take one more try at this. Looking at 12/31 calls, any of them between $75 and $80 seem reasonable.

UnknownUnicorn3924154

Looking for the right opportunity here into the end of the week. MRNA paid big for me last week, sitting here this could rocket back to $300, or drop to new lows. Looking at $300/$330 call spread paired with a $240 put...all in about $3.00 so risky play, but a lot of time for a stock like this to make it's next move...

UnknownUnicorn3924154

If you don't want to play $AAPL, you could just try a long $6.50 at $0.14. Small entry, if there is market capitulation this could get a nice pick up in a two day stretch as a hedge.

UnknownUnicorn3924154

Continued failures after any move up for $BA, not going to play for awhile until we can get back above and hold $200. Good luck all!

UnknownUnicorn3924154

Too much weakness in this market, continued fake outs and more weakness. Planned on holding this for awhile, but the market is starting off pretty poorly, so I'm going to move on for now and wait for another set up.

UnknownUnicorn3924154

I had same week $4's, didn't start the week strong so closed those out. Still holding the $3.50 puts I grabbed to cover. Will close out by end of day and move on. This market has been very, very weak.

UnknownUnicorn3924154

Not a large play, but once it rejected going green several times today, I went for a same week $175 put. A $175/$165 put spread could be an ok overnight play. Sell in the morning if we don't keep dropping. Risky, manage closely, but if we drop you could get a decent return on a one day play. If it doesn't work, I'll close out and wait for the next play.