Option Addict Tue Mar 28, 2017 2:39pm EST 57 Comments
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I think you found another customer for your hedge fund.
Min buy in, $834.77.
Wait is that OA JR’s initial buy in?
No, I meant for his teacher. Just playin
I was thinking why there are 77c, which is a rather specific and odd amount lol.
I was trying to predict his Robinhood balance.
priceless
my stink bid on April 30s filled 2 contracts…guess that’s what I get for being cheap.
tell him go all in its not to late
Don’t forget to let us no know when your brother-in-law wants in.
the urge to chase is upon us.
you should give him a 48hr invite to your service. it would be interesting entertainment. He’d ask too many questions, so maybe only 24hrs.
You don’t like Depo?
This was more of a SNAP play.
Ah ok
i have to laugh at the overall scenario. you’re so deep in snap you’ve got 401k’s and your kid’s play money junior high class account all-in.
OA – what’s a good target for SHLD with Apr monthlies $10?
Also, do you think it’s too late to jump on GOOS? I was going to get in yesterday, but all locked up in SNAP.
Just bought more SNAP. Here goes nothin
Never fails. Bought right before the $0.50 drop at the close. Hate starting out in the hole! SNAP snapped at the close needs a bandage.
Such a good trade. Yesterday’s late longs all stopped…anyone that shorted into this went home short.
Gap up fucks everyone tomorrow.
Except me, of course.
i loaded up into the decline. if i declare these profits as going towards the kids’ college fund instead of my sports car fund, i wonder if the stock gods would hook me up?
I was offering to pay off certain StockTwits bulls to stop talking about it today. I figured that in itself was an offering to the stock gods.
Have you noticed all the recent chatter? Not a bull amongst them.
Someone else pointed out that the stocktwits sentiment is a 7-day rolling average…. I’d hazard that we’re closer to 25/75 bulls/bears again
1 million
Love how it’s shaping up in this pullback too. Wedging up right into the main uptrend. Probably was a bit aggressive on my 25 weeklies from Friday, but I added some more April’s into the close I’m feeling real good about.
And yea, those bears on stocktwits were chirpin’ all day. Definitely engaged, ready to provide some more fuel to the next leg up.
Doubled my initial position from 19.80 with a 22.20 buy at the close. Didn’t think it’d hit my limit but it did, to the penny.
Closing my eyes on this one. 40% of my account in SNAP. I even posted the order on my Snapchat story…… SNAPception
How much money are talking here? I’d prefer bitcoin.
I’m gonna help ms101
thegametheorist….that’s either a small account or a serious push of the chips on the table. Good luck either way. If targets are hit, it becomes a bigger account.
It’s a decent sized account. I’m tryna make some monies and gotta risk to win
Love to hear that! I’m long and strong.
I think we’re getting BTFO on this one today.
I remember doing a similar stock lesson 20 years ago and having to check the price in the newspaper 🙂
Not gonna lie, I feel bad for the kids picking their own stocks, they didn’t stand a chance.
Nice call on the DEPO cut, assuming he listened. That said DEPO prob a buy in next few days…
Been reading here for a bit and playing some paper trades alongside you guys. Pulled the trigger on my first option deal with the SNAP move last week – thanks OA for the impeccable call!
Stopped out on an additional buy-in from yesterday on the move down this morning, but bought back in 13 Apr 24.5’s in spite of the pain right before the close. Hoping we blow right past 25 to the second volume grouping around 27.
Tell young OA it’s time to choose a new profession.
https://www.wsj.com/articles/blackrock-bets-on-robots-to-improve-its-stock-picking-1490736002
straight COMEDY!!!
Maybe gap down tomorrow. Same open as today, but different….to coin a phrase. 22 ish is the previous swing high on the half hour chart.
I think the question I’ve been asking myself is, if no one is buying the stock, why is it in an uptrend?
Do you guys have positions? Just curious..?
Long April calls.
Long
Any comments on the service from sprint? I only could take it for 6 months before switching to ATT. and now comes the price wars. I should have known better after the first call I made from downtown boston, my buddy had to ask if I was in a tunnel.
fb put the hurt on snap elevator down sure hope it reverses soon
I would sell the position if it closes under 21.70. slight panic mode
Take a breath, homie. Plenty of day left.
The second this thing takes out the last stop loss is when it rips.
If I had even a penny for each time I’ve acted on my emotion and bottom ticked sells / top ticked buys, I’d be a lot better off….in this case, I’d hold / add as it feels awful right now, but mkt actually wants u to sell to it in most of these instances…
Px action today for SNAP could look like CENX did on Monday – short term falling wedge but next move is lower to take out last stops before rallying hard the rest of the day….talking my book of course, but it feel eerily similar…
@BennyHill
That’s all you got? Such a fag. Fuck you.
Hi, OA, would you care to comment today’s price action in SNAP. Since no gap up and drifting lower, would it be time to admit that it did not pan out the way planned and better close than take losses?
Losing money here? Impressive.
Yes, a bit. Are you nervous that it did not work out the way you thought?
Me? Not at all. You are my late long in this trade…aka the guys that needed to be flushed mid week on a move lower. This movement here is to get you out before it goes higher. Do your part.
I think he meant avoiding potential losses.
Haha you can not expect oa to be right every day. That is impossible. The action so far is good. But if close below 21.5, time to sell
I thought good would be gap up and go…
Looks like SNAP may be forming a broadening pattern on 30 min.
Shld is a buy here