Talking stocks, trading, and investing in general

[Piobaire]

Maybe some call credit spreads on tech tomorrow?

 

[brokencycle]

Higher inflation would be good for the economy, says Yellen.

Yellen says higher interest rates would be 'plus' for U.S., Fed- Bloomberg News

U.S. Treasury Secretary Janet Yellen said that President Joe Biden's $4 trillion spending plan would be good for the U.S., even if it contributes to rising inflation and results in higher interest rates, Bloomberg News reported.

www.reuters.com

 

[Piobaire]

Big if true.

 

[jbarwick]

Took a swing at GOED last Friday after taking my L and up 25% on that. Gotta wait on trades to settle otherwise I get my wrists slapped. Wasn't expecting to make up a large portion of my L in a day but I'll take it.

 

[Piobaire]

Sold a couple CSPs on CHWY, 6/11 77p, sold some on OCGN 7/16 5p, then futzed around but did not open any other positions. I have a crap ton of stuff expiring next Friday.

 

[Piobaire]

Closed my ICs on IWM as it was starting to test my short call leg. 60% max profit. Clears up some capital to redeploy. I might also have scalped CLOV this morning for a quick 2k.

 

[venividivicibj]

 

[Piobaire]

Scalping some minor tendies this morning and trying to get some new theta positions opened.

 

[jbarwick]

Sold off my PYPL position and now down to just 3 single stock holdings. Will likely get down to just 1 in my IRA then maybe one at a time in my play account. Boring is just easier.

 

[Piobaire]

Just got July 23 ICs opened on AMD. Not pad, $114 credit per with max risk of $386 if it all goes pear shaped. In this sideways, choppy sort of market I'm all about defined risk (and the occasional WSB scalping.)

 

[Omega Male]

 

[Piobaire]

I have some 75p on CHWY which should expire worthless today...either that or I will own 500 shares but I can't see that happening after yesterday's earnings.

Today or Monday I'll open some July ICs on SNOW and IWM.

 

[Piobaire]

Lulz. CHWY beats EPS estimate by 600% in Q1 and the stock is down almost 3%. I'm still good but there's some truth in the thought markets are just not making sense these days.

 

[jbarwick]

Look at the chart for ORPH. Went from $5 to $77 yesterday only to close at $21 and now down to $11 this morning.

 

[Piobaire]

Jay-SUS! CHWY under 75! I just bailed at about 40% profit. I sold those puts Monday, expire today, and I would have ended up bagholding so I'm not upset.