SVTP stock pick thread.

D1984

D1984

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Sold my INDA puts for only a 35% profit since I had a bad entry friday. Wish I would have bought on that end of day pump. Oh well, I'll be watching the market closely today before close also, and if we get a big pump I'm loading up again.

EDIT: Damn looks like I sold at the perfect time, a few minutes after I sold and they are already back down to pretty much what I paid for them. IV crush is a bitch.
 
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nxhappy

nxhappy

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any puts on oil/gas/travel/sp500 will be golden gooses by 4/6-4/31 ...I smell a blood batch for 6-8 weeks and a strong bear market ....bulls won't be back until May or June
 
nxhappy

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brucesvt said:
What’s a good stock buy now? I am a beginner


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to buy and hold for 20 years? Amazon, Apple, microsoft, AT&T....but really just buy and never look at it again ....the market is a long term thing and that is the hardest part.
 
nxhappy

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more red today. also looks like walmart and grocery stores are going to kill it with positive equity due to the panic. anything else do NOT buy or make any calls. we have about 5000 points to go.
 
D1984

D1984

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Had XOP puts overnight I closed out for a 25% gain way too early, also did a quick flip on AAL calls for another 5%. And a few minutes ago loaded up on EWG puts because Germany is getting bad. Logic says tomorrow will be green again and I'll be forced to hold until friday or next week but at some point these patterns don't play out. Tomorrow may be that day
 
D1984

D1984

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Down a bit on my EWG puts, but monday is gonna be blood red I think so I should start seeing some gains. I think we have plenty of downside to go. I also picked up some SNAP puts when it was trading above $10 today. There is absolutely ZERO reason for snapchat to be going up. Just a short term pop in my opinion. People may think "well when people are staying in their homes, they're using snapchat" but when business is ground to a halt I think advertisers are going to pull back, and that's their only source of revenue. In all reality I'll probably just sell them when I see some decent profit monday so their next earnings report won't matter to me. By the way, Nike (NKE) has their earnings report Tuesday, can't imagine it will be good and they haven't really dropped that much relative to other retailers
 
nxhappy

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D1984 said:
Down a bit on my EWG puts, but monday is gonna be blood red I think so I should start seeing some gains. I think we have plenty of downside to go. I also picked up some SNAP puts when it was trading above $10 today. There is absolutely ZERO reason for snapchat to be going up. Just a short term pop in my opinion. People may think "well when people are staying in their homes, they're using snapchat" but when business is ground to a halt I think advertisers are going to pull back, and that's their only source of revenue. In all reality I'll probably just sell them when I see some decent profit monday so their next earnings report won't matter to me. By the way, Nike (NKE) has their earnings report Tuesday, can't imagine it will be good and they haven't really dropped that much relative to other retailers
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LOL so funny. I also have EWG and SNAP. May it rain tendies upon us come Monday ....I also predict a 2000 point blood bath ...
 
D1984

D1984

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nxhappy said:
LOL so funny. I also have EWG and SNAP. May it rain tendies upon us come Monday ....I also predict a 2000 point blood bath ...
Click to expand...

I hope so. And I will be unloading tomorrow if it happens and MAY look at some calls. Although my bullish plays are not close to 100% successful during this bear market, and I'm exiting the good trades with very little profit by the skin of my teeth, which is expected. Maybe this time after I close out my puts I'll just wait until a technical bounce then reload, instead of trying to buy calls for the bounce that may or may not come. Of course I say this now, and will probably find myself taking on some sort of bullish play after a little IV discount hunting
 
D1984

D1984

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I unloaded my EWG puts for a small loss yesterday. Still have my SNAP puts but don't expect them to ever hit. I made a small day trade on SPY calls also yesterday and made about 40% on that, I should have held. This morning I took on a large trade in SPY calls because I think the Fed MAY actually be able to pump this thing back up to ATH before the elections. Call me crazy but we live in crazy times. Looking at trader discussions around the internet, I am now seeing the same thought process from put buyers as traders who bought the top and kept averaging down to 0 in previous bubbles like certain biotech stocks, greek shipping stocks, crypto, etc. and this leads me to believe we have likely seen the bottom. We have never seen unlimited QE before, Trump has every motive to pump before election, and the psychology of put buyers right now is just too obvious to ignore. I've seen in a million times. I could be wrong, and I will reevaluate if we drop back below 2300 on the S&P
 

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