Shonuff
Mr. Poopybutthole
- 5,538
- 790
There's so much volume right now that I just got crushed trying to short it 20 cents.
- 1
- 1
Investing General Discussion
- Thread starter Furious
- Start date
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,499
- 107,555
This is why I stick to Boomer stocks and Boomer returns. Me getting frisky is writing puts on DNUT (which I did today).
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,499
- 107,555
Shonuff
Mr. Poopybutthole
- 5,538
- 790
Big Phoenix
Pronouns: zie/zhem/zer
- 44,667
- 93,352
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,499
- 107,555
I bought in at the reference price of $250. I can almost see daylight.I bought a ton of that on opening day.
Shonuff
Mr. Poopybutthole
- 5,538
- 790
I bought a ton at opening day for my business. For my personal account, I bought at 268.
- 1
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,499
- 107,555
I got greedy when it hit $305 and said "I want a round 25% gain. It hasn't seen $250 since. Some, something hogs, something something.
Shonuff
Mr. Poopybutthole
- 5,538
- 790
Yeah, that was a miss. But he's been recommending AMD as it fell from 97 all the way to 70, so YMMV. His actionalerts have given me some hits.
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,499
- 107,555
I would be curious if you put all his action alerts in excel and see what his hit miss percentage was like and how big his hits were vs how painful his misses were.
- 1
Hateyou
Not Great, Not Terrible
- 16,306
- 42,397
I’d like to see this. I can’t believe some reddit autists haven’t done it already.
- 2
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,499
- 107,555
People loading up on the AMD puts.
Notable open interest changes for August 5th (TheFlyOnTheWall)
Wednesday's total option volume of 34.8 million contracts resulted in net open interest growth of 4.13 million calls and 3.05 million puts. Advanced Micro (AMD), Pfizer (PFE), General Motors(GM) and Apple(AAPL) saw the greatest growth. Top five new positions opened include 18k Las Vegas Sands (LVS) May-22 62.5 calls, 18k Advanced Micro (AMD) Oct-21 115 puts, 18k Advanced Micro (AMD) Oct-21 90 puts, 17k Macy's (M) Sep-21 18 calls and 17k Virtu Financial (VIRT) Dec-21 24 calls.
Notable open interest changes for August 5th (TheFlyOnTheWall)
Wednesday's total option volume of 34.8 million contracts resulted in net open interest growth of 4.13 million calls and 3.05 million puts. Advanced Micro (AMD), Pfizer (PFE), General Motors(GM) and Apple(AAPL) saw the greatest growth. Top five new positions opened include 18k Las Vegas Sands (LVS) May-22 62.5 calls, 18k Advanced Micro (AMD) Oct-21 115 puts, 18k Advanced Micro (AMD) Oct-21 90 puts, 17k Macy's (M) Sep-21 18 calls and 17k Virtu Financial (VIRT) Dec-21 24 calls.
Shonuff
Mr. Poopybutthole
- 5,538
- 790
I have somewhere, ask me in a bit and I'll pull it up. And that's just for what he suggests in actionalerts. A lot of what he says on TV doesn't make the cut for his portfolio.
In general, he's pretty good about when to buy something when it dips. It just takes awhile, because he doesn't trade on momentum, but fundamentals. Like he recommended NLL at 20, it didn't move for six months and then it went to 27.
Furry
WoW Office
- 19,550
- 24,695
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,499
- 107,555
Honestly that is how I trade mostly. I look for oversold reactions to news on High quality stocks and I take positions. Sometimes I think the stock has crappy fundamentals or I just dont like it. My latest example was ABT. It got crushed recently for adjusting forward guidance due to slowdowns in testing and I pounced. Up 12% in a month or so when the market realized it was stupid.
- 1
Hateyou
Not Great, Not Terrible
- 16,306
- 42,397
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,499
- 107,555
I dont tend to play in the insurance space so I hadnt been following them. Let me take a look at them.
Edit: Im not overly familiar with the space but their financial fundamentals are solid. I might take a flyer on a small position.
Edit 2: grabbed a starter position at $201.00 Thanks for the head's up.
2 year chart.
Last edited: