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+22.7% absolute frog dick
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How big of a pullback we talking about tomorrow? 10%Comment
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Amazing call tine. When this thing hits 600 I am sending you a bacon of the month club subscription.Comment
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pullback totally expected and normal. lucid had a bigger market cap than ford yesterday. i start looking for longs again around $50, but the floor here looks like $44 to me.Comment
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like this is more or less where i look to scale back in, these low end bollinger points. but really im in no rush to re-establish positions because yesterday was so violent.
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im getting ready to jump back into a like a 3 week ITM spread here but im not going to fucking lie; the whole ford marketcap thing has me a little spooked.
the reality is that at this point its purely a speculative play and the bull thesis is basically wsb driving up the price with OTM options.Comment
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ok pretty much what i expected at the bell... at 47 ill start building a long position again... probably going to just target a 48/49 spread for next week and look to double up and then some. lotta buy orders coming in at 48 but i just cant trust it and its too fucking volatile to justify the risk for this weeks options. like theres no point in trying to scalp 18% profit while assuming it wont dump another 7% by tomorrow EOD when it could fucking easily dump 14% by tomorrow EOD before the market makers have to start buying to cover the retail calls.Comment
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so i basically set up a butterfly spread; i tossed about $520 at a bunch of 49/50 spread calls that pay out +$3650 if we close above $50 tomorrow and break even at 49, and i placed a put call spread for about $120 at 5-1 if we close under $43 tomorrow. so if the price just goes fallow between now and then im out about $650, which frankly i can live with just fine at this point because it means we have reached a reliable support level and i can start stacking into much larger long positions.Comment
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i regret to inform that my puts are bankingComment
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ok mystery solved; apple leaked some more self driving car shit and is drinking lucid's milkshake.
cant knock the hustle.Comment
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Fly baby fly. Daddy needs a new pair of FerragamosComment
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This stock is more volatile than a PR bitch on her period. Love it.Comment
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as of 10:24am, i have 27x'd my initial position.Comment
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