Playing the low price pumps and cheap options.

Discussion in 'Stocks' started by TrailerParkTed, Mar 16, 2022.

  1. Yesterday I bought IQ at $2.07-2.09, added more at the Open. Bought more DIDI and adding more if when we take out daily high. Not for the faint of heart, that's it.

    DIDI $2.5-$2.55 average, hoping for $3.00. My calls costed $.20

    upload_2022-3-16_8-27-42.png upload_2022-3-16_8-26-12.png
     
  2. upload_2022-3-16_8-35-2.png I bought some IQ $3s yesterday, they pumped the account as well.
     
  3. CAN, $4.81-$4.82, 5000 March 18 $5 Calls. $.23x$.26.

    ZH $2.50x$2.51 $.15x$.20 March $2.50 Calls(1,866 calls) All gambling, slow typing on my phone. I hope we get another day of China Pump follow through.
     
  4. Watch MULN, it’s held out beautiful even with perpetual selling.

    Call volume was good on March $1 and April $2.5s.

    AH back to $1.90, tomorrow will be interesting withstanding a shelf.

    Edited: To add the March-Apr $2.50c over 10,000 contracts each month.
     
  5. maxinger

    maxinger

    You should put this thread in our Journal and not Stocks.

    No one wants to see you creating a new thread every time you have a new position.

    Anyway, many of us have done
    counter-trend trading before.

    You should get a better screener
    and do massive backtesting so that your win rate is ~ 60% and no less.
    for those who don't want to do these, at least use a straight ruler to determine the trend.
     
    Last edited: Mar 16, 2022
  6. I remember you advising my friend who runs a modest Hedge Fund in Canada, kind of sucks we lost him. He was furious you were advising him and offering useless points to a ten figure player.
    How many ideas did you post this week that were 80 percent? Oh, that's right you never post anything of value and are the one who chased off a cool big trader from Toronto because you were correcting a guy making ten figures annually. We lost a professional trader offering excellent advise to someone is nothing but a miser when it comes to helping others.
     
  7. maxinger

    maxinger

    upload_2022-3-18_22-47-32.jpeg
     

  8. Every single stock is up 15 to 50 percent, the options you would have made 5x on a few.