Economy stonks v8, the wrath of icahn

God I wiffed so fucking hard playting cautious on my shorts.
Took 4% on CVNA and GSX...Both down 15% -_-
 
i'm getting clobbered on mu and the single lot of amd i bought yesterday, against my better judgement (hence, just 1 lot, i guess), solely because the call premiums were nice.

and then it drops more than the premium, immediately. derp.

mu just looks like a nice discount due to mass idiocy. tards have no idea that micron and western digital are not very similar...
 
I always wondered what you guys meant when you said ‘nothing makes sense to me today’

Now I know how that feels

Luckily the options I really care about expire 14,21 or later so I’m not that worried but still scratching my head
 
lolz @ uvxy $23 put actually going to assign on me.

i kinda still can't believe it.

lolz, i took that 10 second window above $23 to close it out.
 
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AMC.... 12%

JFC, 20%? What’s happening here?
 
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brackis1 said:
There was a judicial ruling that struck down a competition law in the cinema space to allow studio ownership. Basically making them all buyout targets.
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I was looking for news, guess I was looking in the wrong places
 
prpl's at a low for the week, but their 8/21 puts aren't worth shit.

wtf? they were worth way more just the other day.


edit: lolz @ today's movements. i'm getting bailed out on most of the puts i sold that were in jeopardy (not that i would have minded having the shares, anyway)

edit 2: lolz, so close on my mu $49 (or the .1 buy for the put that i had placed). i was sitting here cheering on mu's rally, didn't feel like manually buying the put back. that was stupidly fun. gambling!


Final Say said:
I was looking for news, guess I was looking in the wrong places
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tl;dr - the movie theatre chains are now better buyout targets. not sure it really matters now, though. before covid, it would have been a major boon.
 
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amd finally taking a hit so i can set up reentries.

lolz @ the slv and other metals puts i sold at 3:55 on friday being bought back for 25% within 15 minutes of market time. i don't know why i keep laughing at getting fractions of what i'd get if i had bought shares, but whatever.
 
Crap, do I sell UAL and AAL and buy back on Friday...

This run makes no sense
 
I was with portnoy betting Spaq and got nothing.
Lucked the fuck out and made money on CGC which I accidentally held thru the weekend when I got stuck without internet Friday afternoon at very EOD
 
brackis1 said:
I was with portnoy betting Spaq and got nothing.
Lucked the fuck out and made money on CGC which I accidentally held thru the weekend when I got stuck without internet Friday afternoon at very EOD
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lolz. your guardian angel's retarded. and still helped you out.

i made a surprisingly decent amount with some quick trades at amd's bottom - shares and puts (bought back the puts). sold all but 100 shares at 82.78, wrote a dumb (single) call with the leftover lot.


edit: lolz, i just got an error message from robinhood about having too many pending orders per option chain. dammit. i hope a real broker cuts option fees soon...

n5EwXoZ.png
 
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The SEC needs to investigate Kodak and who tied to the government is making a killing here.
 
Weird as fuck day. Literally the tech stocks I shorted are up in a down tech day and those I hold down.
Avoided any catastrophes but it seems everything I sold at the open went up and everything I held, down.
This these past few days are definitely "well thank god I also have indexes acct I can't sell b/c of capital gains" to keep me moving upward. This has to end badly lol.
 
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brackis1 said:
Weird as fuck day. Literally the tech stocks I shorted are up in a down tech day and those I hold down.
Avoided any catastrophes but it seems everything I sold at the open went up and everything I held, down.
This these past few days are definitely "well thank god I also have indexes acct I can't sell b/c of capital gains" to keep me moving upward. This has to end badly lol.
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i've been trying to exploit the predictable opening drops

and fcel's down, so now i'm about to spam a variety of strike/date fcel puts and break robinhood again.

edit: and a limit order i put in for aytu ~2 months ago and forgot about just went through. thanks, russia!
 
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I have $EYEN which I just saw was 8+ pre market. I am in at 3.42 . Its back down to 5.08 right now. Earnings are tomorrow, they have some positive drugs for your eyes in the pipeline but have no idea what the fuck all that pre market was all about. My luck lately it will be 2 something on Friday.
 
44nutman said:
I have $EYEN which I just saw was 8+ pre market. I am in at 3.42 . Its back down to 5.08 right now. Earnings are tomorrow, they have some positive drugs for your eyes in the pipeline but have no idea what the fuck all that pre market was all about. My luck lately it will be 2 something on Friday.
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...why don't you just sell when you see things like that? i can understand if someone sold calls on the shares and are locked in, but you don't seem to do that, iirc.
 
rob mafia said:
...why don't you just sell when you see things like that? i can understand if someone sold calls on the shares and are locked in, but you don't seem to do that, iirc.
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I did not see the 8 until this afternoon or I would have sold it. First time I looked at it today it was 5. This morning I was appraising a 10 acre property on the ST Johns River, that the dude that owned it has been there since the 70's. He built the house himself and all the floors, wall and ceiling paneling was made from Cypress Trees he pulled out the river. He milled it all himself. Told me it takes like 2 years for the trees to dry out or it wont hold any stain. The floors were amazing and he is skilled. So I was busy a couple hours this morning, plus it was an hour drive back and forth from my office.
 
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