I’m not feeling these #FANG stocks at all. Started talking about this a few weeks back, but more in the interest of buying some beaten down retail.
Now, I’m hoping for an $AMZN gap up tomorrow to possibly try a short into.
There’s so much to offer in this market when you zoom out…but near term, I just don’t like how crowded these instruments are.
FWIW, for me…it’s mainly $AMZN. The others don’t bug me as much.
On the topic of shorts, I like Bitcoin too…but I’ll talk about this in a day or two.
Let’s see what happens tomorrow.
OA
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FB : ) Wasn/t typical this time.
Amzn short is YOLO WOLF’s next target, FYI
Yolo wolf is begging to be trololo..
https://youtu.be/KaqC5FnvAEc
Yolo Wolf’s AMZN trade will be 3 contracts and he will need to hold overnight to avoid pattern day trader status in his account.
I like it. Good luck.
I wouldn’t do it because the have me by the balls. I spent $60k last year advertising on their site for my business and another $45k in warehouse fees.
I’m very pleased that we’re making money on FB together, OA.
I own no Facebook. If the option market were open, I’d grab puts.
I picked up SPY puts for March at the close. First short of the year besides intraday. Long term still looks rosy though.
Short Bitcoin – ballsy.
Tactical.
I’ve got a pretty high conviction view on BTCUSD this year. High conviction like at $400 when I recommended it. God speed.
Totally hear ya. You should read some of the other crowd out there that tells me they have high conviction.
No position yet, but very tempted.
I’ll shoot you an email w/ what Im seeing.
My brothers text is still the top tick. I remind him daily