Low Dollar Cheap Ass Trades Journal. Beer Cash 2022.

NFLX $215 Puts, average $1.20, out $2.20-$2.50, I am trading smaller.

 

CVNA $75 Puts, 10 at $3.10, no idea where to sell. $5.50x$5.90 Bid-Ask.

 

Sold in high $5s and some mid $6s.

AVDL acting strange, so far made a whooping $125 playing the options. Stock is getting absorbed. Market feels like 2000-2002, crazy. DJIA -48 33,569 and Nas getting hammered -399 12,608. I bought some FNGU in the $11s(tiny position( and (SOXL $23s) to gauge this mess.

 

650 NUTX bought $7 out $8.80

 

Bought $9 out selling at $11.5

 

NUTX moved too fast, sold at $13.30

 

Odd, I have 266 shares left of 700, just sitting because of the Halt. Selling the rest by putting in a limit at $14.3

 

Nice trading. NUTX needs options. I glanced at the financials, so I will be surprised if it holds these gains. Not that will keep it from being jammed higher.

 

I agree, this Market the spreads are getting crazier.

 

I bought DWAC puts at $2.4-$2.9, sold as high as $4.20(2) contracts. I made $2100 off the trade.

Previously bought 700 ACON at $3.70, sold @ $3.1(Why I held to $3.1 after realizing it was a POS I have no idea!)

700@.6 is a $420 loss.

$2100-420 total gain for day on this account is $1680.




Edited a previous Post.