Good luck
Good luck
•
Yesterday was a lot of red. It's nuts how much the markets respond to the stimulus deal news. Pre-market looking good, on favorable stimulus news. That could go the other way again quickly.
Today I'm going to be watching AMC for a day or swing trade. Movie theaters are dead imo but this stock is jumping on NY news of reopening. It could be a nice gain for today. It was above $7 a share as recent as September.
My moves yesterday worked out okay:
I sold my KSS $19.50 and GE $7 puts too early yesterday. I could have received more premium. The KSS put hit money but is out of it premarket. I'm fine if it gets assigned. I like KSS sub 20 a share.
I sold 1/3 more of my GE $7.50 Oct 23 calls. GE actually held up really well yesterday considering how red the market was. I'm still hopeful they will hit money this week, but time decay is working against my value.
AVXL: I think I messed this play up. I didn't like the way it was charting and I sold at $5.25. I profited $0.30 a share. I wanted to re-enter sub 5.20 but I paused at 5.15 thinking it was going to lose all the day's gains. I missed my re-entry and now it is above $5.50 pre-market. It is a low float stock, and could easily swing down again, but it could also shoot way up. I'll be watching it again today.
Yesterday was a lot of red. It's nuts how much the markets respond to the stimulus deal news. Pre-market looking good, on favorable stimulus news. That could go the other way again quickly.
Today I'm going to be watching AMC for a day or swing trade. Movie theaters are dead imo but this stock is jumping on NY news of reopening. It could be a nice gain for today. It was above $7 a share as recent as September.
My moves yesterday worked out okay:
I sold my KSS $19.50 and GE $7 puts too early yesterday. I could have received more premium. The KSS put hit money but is out of it premarket. I'm fine if it gets assigned. I like KSS sub 20 a share.
I sold 1/3 more of my GE $7.50 Oct 23 calls. GE actually held up really well yesterday considering how red the market was. I'm still hopeful they will hit money this week, but time decay is working against my value.
AVXL: I think I messed this play up. I didn't like the way it was charting and I sold at $5.25. I profited $0.30 a share. I wanted to re-enter sub 5.20 but I paused at 5.15 thinking it was going to lose all the day's gains. I missed my re-entry and now it is above $5.50 pre-market. It is a low float stock, and could easily swing down again, but it could also shoot way up. I'll be watching it again today.
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