Man i love flatline fridays you can pick just about any option expiring today and if you sell it by 1:30pm it is almost a guarantee it will be worthless. ever since they started weeklies and $0.50 intervals. every friday without fail i make money 999 out of 1,000 times selling any option. i sold the BIDU $155 calls at $1 this morning and it has steadily gone down all day. will be worthless by days end
and market makers (ie TBTF banks) are loading their pockets with all lotto tickets they sold this week. who could have seen that coming? haha
anyone tried a test or real portfolio where you tested a strategy of buying options on day of earnings? how long did it take to lose it all. for every GMCR win there are a thousand losses.
Morons buying lotto tickets day before earnings and expiration.
Look how many lottos they sold for 200 put today. that should tell you the house is not letting LNKD much below $200 today nor much above $210.
Time to tighten range and flatline all day around $205. The house always wins
"The Company's board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size."
Yes companies do announce they doing a buyback to spike their stock then in a few months the board cancels it because maybe the share price was too high. surely the company will want to buy chairs cheap and $175 is not cheap.
we do not know the board's target, but maybe they want to buy if stock is $100, $125 or other.
here is a solution for you: stop buying options that expire tomorrow. stop buying options on companies right before earnings release or just stop buying options all together.
premiums on lnkd today were absurd along with most companies releasing earnings. buying OTM options that expire tmrw and needing 15-20% move just to break even is ludicrous
if they limited idiots like Sybil to one message per week instead of the 300 per day he has done for the last five years. this Sybil has been short this stock 1900% ago. Guesss where he lives, he lives right here on this message board.
Sorry to hear that but most the stories you hear of option riches were prior to TBTF policies that changed the market. Glass-Steagall repeal was the entryway for banks to define who could be the riskiest without getting caught.
Then 2008 the government decided they should not only help the TBTF, they should change the system to ensure TBTF banks flourish.
Anyone buying options right now is caught on the wrong end of history, which is government printing money to "gamble" on being able to print/sell more leverage than the people buying leverage.
Best you can hope for is a 10% pop before this garbage starts probing teens before it reverse splits yet again.
Of course you did, I mean he did. lets knock get real and drag up all the other posts by you and your aliases
No education. Just reinforced what I already knew. Buying short-term OTM options is bad business, quick path to financial disaster.
The game is now more rigged and controlled than it ever was. Whoever controls the computers and communications controls the market. Long far and away place from actual people in the pits moving the market in a slow and rhythmic pattern.
Right now your $6k "investment" is worth $0, -100% return. This is a typical short term oriented option trade. And you needed a 100% return in just three weeks and you bought it. If your "gamble" had paid off, this post would have been bumped every 30 mins until you subsequently gave all your money back on your next roll of the dice.
is financial suicide.
i think it is hysterical anytime someone shows up and tries to use charting techniques on this ETF. If you are playing this because you think the SPX is going to fall then you got the wrong instrument. The Dow could be 3,000 pts lower in six months and this garbage could be lower. Outside of a flash crash and occasional brief pops, best way to play is be short if you can get them.
This ETF was over 300,000 back in 2012 on split adjusted basis and this ETF would have to triple before any new shorts in last six months even begin to experience pain.
most shorts on UVXY could see UVXY go up 500% and still be deep in the money. this garbage instrument is designed to go down. meanwhile in China their market is up 8% on a China pseudo-QE. at this rate US markets will be positive when this garbage instrument opens
lot can happen in next 13 hrs. market could open down and UVXY could also open down. this is the worst trading instrument available, unless you could go short at inception. Most call options on this horrible instrument need 25% moves on Monday just to break even
$41.50, $41.00, $40.50, $40.00, $39.50, $39.00, $38.50, $38.00. Just bumping it for each $0.50 interval.
New all time lows in UVXY in next five trading days. This worst trading instrument out there. Designed to go to $0. VIX could be 80 and Dow could be 8,000 in two years and this horrible horrible instrument will be down 90%.
only took you 4 hours for a 50% loss. No one really cares how your option gambling is doing. Anyone silly enough to think this instrument will ever hit 90 again before a reverse split deserves to lose their money.
how your gamble working out now. Speculating on options especially out of the money options is one of the most futile exercises in the market, aside from buying this useless instrument and trying to hold for a week.