Recent Content by 00wreckless

  1. Traders...how did you do in 2020? I crushed it after two blown out accounts!

    Congratulations! I have much the same story! I opened this account in 2011 with $1000. I mostly trade equity options, and mostly spreads....
    Post by: 00wreckless, Jan 2, 2021 in forum: Trading

  2. USCF Announces One-for-Eight Reverse Share Split for the United States Oil Fund (NYSE Arca: USO)

    Nevermind, think I'll close my position. Biggest Oil ETF ‘Almost Unanalyzable’ After Ditching Disclosures By Katherine Greifeld April 23, 2020,...
    Post by: 00wreckless, Apr 23, 2020 in forum: ETFs

  3. USCF Announces One-for-Eight Reverse Share Split for the United States Oil Fund (NYSE Arca: USO)

    https://www.prnewswire.com/news-releases/uscf-announces-one-for-eight-reverse-share-split-for-the-united-states-oil-fund-nyse-arca-uso-301045001.ht...
    Thread by: 00wreckless, Apr 23, 2020, 2 replies, in forum: ETFs

  4. Large increase in short selling

    The value of currencies that equities are traded in might be a large factor in the current rally and moving forward. The Fed has cut interest...
    Post by: 00wreckless, Apr 19, 2020 in forum: Stocks

  5. What's your theory on where oil price is heading?

    Flotilla of Saudi Oil Threatens to Worsen U.S. Supply Glut...
    Post by: 00wreckless, Apr 18, 2020 in forum: Commodity Futures

  6. "Straddle" on USO

    I like it! 1 contract, risk $172, breakeven at $3 or $8 by 16Oct20 oil goes to $30 a barrel by 21jan22, make $2000, risk/reward 1/11 what's not...
    Post by: 00wreckless, Apr 17, 2020 in forum: Options

  7. Right Entry vs. Implied Volatility - what is more crucial for Optionstrading?

    I think I understand. You found a setup to trade delta, and you are not sure how to mitigate or take advantage of IV? I have to get to know IV...
    Post by: 00wreckless, Apr 17, 2020 in forum: Options

  8. Is USO a good way to invest long term in OIL?

    U.S. Oil Fund to Move Giant WTI Position as Market Sours...
    Post by: 00wreckless, Apr 17, 2020 in forum: ETFs

  9. Leverage

    [ATTACH] Option spreads on equities. Bull call spread, $54 risk, $2500 return, I got out at $2400 two days before expiration. Leverage is 44...
    Post by: 00wreckless, Apr 17, 2020 in forum: Trading

  10. Is USO a good way to invest long term in OIL?

    I have a bear call spread on USO expires 15jan21, I'd like to ride it down and buy back the short side when it's out of the money. I would like to...
    Post by: 00wreckless, Apr 16, 2020 in forum: ETFs

  11. How I am investment in Oil

    I like WTI $40 by the end of the year. I too think US shale will be pushed out. But how low can it go? When storage is full and there is not...
    Post by: 00wreckless, Apr 16, 2020 in forum: Commodity Futures

  12. NFLX earnings. Adding many more millions of subscribers or did competition get them this time?

    Agreed, but you must admit both AMZN and NFLX had their own mega rally this week. I have a GTC order to sell both bull call spreads on AMZN and...
    Post by: 00wreckless, Apr 16, 2020 in forum: Stocks

  13. NFLX earnings. Adding many more millions of subscribers or did competition get them this time?

    Or, new permanent habits have been formed streaming Netflix content and ordering essentials on Amazon.
    Post by: 00wreckless, Apr 16, 2020 in forum: Stocks

  14. critique my option trade

    No one can predict the future. Roughly, at current historical volatility, there is 60% chance of TQQQ expiring on April 24th above $60. Are you...
    Post by: 00wreckless, Apr 16, 2020 in forum: Options