The Super Terrific Happy Hour

Discussion in 'Journals' started by Max E., May 19, 2017.

  1. Wow...I missed the peak. That's rare for me with earnings.

    Oh well, that's $13.00 per in the bank. Against a cost basis of 3.40. 280% will go down well with beer.

    This looks like the peak here again at 159.20
     
    #981     Aug 1, 2017
  2. Max E.

    Max E.

    watching to see how AAPL acts around 160, im wanting to go short, but i want to see if it snaps through it or fails there.
     
    #982     Aug 1, 2017
  3. Yeah, I'm definitely not short this thing. I just don't think we'll see that price again tomorrow and I want to take the max profit I can on it.

    If I had to guess, I'd say we're looking at a $157.5 open tomorrow, $155 close.
     
    #983     Aug 1, 2017
  4. This thing is NOT giving up.

    Open bear (and open beer) season tomorrow. It's going to be a slaughter.
     
    #984     Aug 1, 2017
  5. Max E.

    Max E.


    I wish dude, I havent seen 280% since i took out the third motgage and sunk it all into enron...... but it was negative 280%......

    Those bastard at the bank had the audacity to question how i was going to pay for my house when i showed up with share certificates for ENRON and BRE-X


    :D
     
    #985     Aug 1, 2017
    beerntrading likes this.
  6. Max E.

    Max E.

    AAPL failing at 160 so far, no need to dive into this there will be lots of range tomorrow, but like i said before 160 is key IMO.
     
    #986     Aug 1, 2017
  7. This was a moon shot. I was speculating had this been a bad day for me, I would have kept the spread...

    We see 2500 tomorrow probably. I'm all but certain of 2490 (and I'll make a killing on the Calendar spread I have open if we do)!

    There's going to be little half-beer, half-algo babies running around all over the market after the last weeks I've had.
     
    #987     Aug 1, 2017
  8. vanzandt

    vanzandt

    I told you guys...
    As long as Trump keeps talking about record highs.... we're gonna get em.
    Secret handshake stuff I guess.
    Is what it is.
    But he's not getting egg in his face on this one.
    The powers that be.........
     
    #988     Aug 1, 2017
  9. Like Bill Clinton with a republican congress--which plays nicely to my theory that we're at the beginning of the bubble.
     
    #989     Aug 1, 2017
  10. vanzandt

    vanzandt

    Your short play locking in profits was brilliant.
    I'm not so sure its gonna maintain these levels tomorrow.
    The option writers priced this thing for a $2.75 move.
    Somebody's gonna get hammered.
    I say sell the news. Which you did. ;)
     
    #990     Aug 1, 2017