Okay......Sooooooo.....it doesn't look like the 3/19 $17.5 SWBI call option is going to be working out for me. Currently sitting at $17.70 with a $19.65 breakeven, I feel like cutting the cord rn with a $94 loss is the most prudent thing to do.
Do I do that by hitting the shiny green exercise button on my RH app?
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i mean look im new to this too but i have seen enough 'sure things' either blow up and deflate over night into the red by the time you can sell, or just tank because analysts only care weird shit like retention / subscription numbers and that overwhelms ad income etc... like its endless, how many ways this shit is a crap shoot. the notion that logic can be profitable in the market is fantasy, is my point.
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absolutely, i was just telling sanlimar the same. the smartest way to play earnings is to ride the wave and cash out at 3:59pm.
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In reference to the POWW option. Earnings on Tuesday. If I anticipate stock to drop, as it usually does with earnings, would it be wise to exercise the option EOD Friday( If I retain a healthy profit) and then maybe reload after earnings?
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Originally posted by onestep View PostSNDL $4.75 Premarket, lol. Dont wanna be caught holding the bag but 140% returns day after day seems too good to pass up
tl;dr wsb is a pump and dump amplifier and bad actors are going to milk it until its dry.
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I also like this one. I've reloaded on ZM at $403 and its now $442. Going to retest $470ish very soon, but Im too big of a pussy to gamble 2500 this early.
http://opcalc.com/ouy
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Who cares about fancy math at this point? Stonks go up. Congrats on your options that will cash huge profits for you Step!
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Locked in 5 contracts for POWW, 7/16 exp $12.5c($14.89 breakeven). $1165 value.
Leggooooo
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