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I bought my very first option today

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  • onestep
    replied
    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?


    Leave a comment:


  • onestep
    replied
    https://vm.tiktok.com/ZMeR3Kvrw/

    Leave a comment:


  • onestep
    commented on 's reply
    Yea. You think there's any truth to the fact that big institutions wont invest in these type of companies(guns/ammo) because it goes against their political agenda? Or is money the same whether you're on the left or right?

  • sonatine
    commented on 's reply
    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.

  • PLOL
    replied
    Onestep's mentor. What could go wrong.

    Leave a comment:


  • onestep
    replied
    Click image for larger version

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  • onestep
    commented on 's reply
    I just dont see how anyone is selling. This company just acquired gunbroker.com today(for 240 mil) which should be adding $3-$4 EBITDA on its own, and will be posting insane ER on Tues premarket.

  • sonatine
    replied
    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.

    Leave a comment:


  • onestep
    replied
    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?

    Leave a comment:


  • onestep
    commented on 's reply
    I agree. Tons of bot account have been popping up to the point where you cant decipher the bullshit anymore. Glad the premarket moves alerted me to the action today before I did something stupid.

  • sonatine
    replied
    Originally posted by onestep View Post
    SNDL $4.75 Premarket, lol. Dont wanna be caught holding the bag but 140% returns day after day seems too good to pass up
    like this is exactly why i cant with these wsb meme plays. also i checked wsb last night to do a sentiment check and people were calling out the influx of random pot memes being posted by totally new anonymous accounts.

    tl;dr wsb is a pump and dump amplifier and bad actors are going to milk it until its dry.

    Leave a comment:


  • onestep
    replied
    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

    Leave a comment:


  • onestep
    commented on 's reply
    ty

  • simp2
    replied
    Who cares about fancy math at this point? Stonks go up. Congrats on your options that will cash huge profits for you Step!

    Leave a comment:


  • onestep
    replied
    Locked in 5 contracts for POWW, 7/16 exp $12.5c($14.89 breakeven). $1165 value.

    Leggooooo

    Leave a comment:

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