common sense says amc is going to explode on the 27th due to court date. shorts are hurting and will continue to fight with 2m failure to delivers on Thursday
TheWhiteCrow
:
Well I hope I made the right choice, I sold all my shares at 5.27. Wanted to sell while I still had profit, so I took the small profit and have a order for 5.13
intuitive Jackal_354
OPTheWhiteCrow
:
I think it's going to bounce up and down for the next week, we'll probably get a bounce up at the open monday. definitely a clear cut buy then sell then buy more situation. make a quick profit then increase your position on the next dip.
TheWhiteCrow
intuitive Jackal_354
OP
:
Awe ok gotcha, I’m off Monday so I’ll have time to consistently watch it but after that I’ll just set alerts for price increase and decreasing. Only shitty thing is I have to be careful when I trade because of the pattern trade crap
intuitive Jackal_354
OPTheWhiteCrow
:
so monday I'll be watching the price too, but I'll be buying calls that expire friday. the good thing a boutique calls is thyre cheap so you can buy monday and wait till they go up to sell for a 10x profit. also if the market goes down you can only lose what you paid for it, but if it goes up then you have no limit to how much you can make. when it comes to moass, it's easier to sell 10 calls than 1000 shares but you make 10x more money.
intuitive Jackal_354
OPTheWhiteCrow
:
if you try it one time then you catch on quick. try to chose the strike price closes to the actual price of amc. like the example I showed yesterday a .05 move in amc doubled your money if you bought at that .0
intuitive Jackal_354 OP : I'm buying calls on the dips
TheWhiteCrow : Well I hope I made the right choice, I sold all my shares at 5.27. Wanted to sell while I still had profit, so I took the small profit and have a order for 5.13
intuitive Jackal_354 OP TheWhiteCrow : I think it's going to bounce up and down for the next week, we'll probably get a bounce up at the open monday. definitely a clear cut buy then sell then buy more situation. make a quick profit then increase your position on the next dip.
TheWhiteCrow intuitive Jackal_354 OP : Awe ok gotcha, I’m off Monday so I’ll have time to consistently watch it but after that I’ll just set alerts for price increase and decreasing. Only shitty thing is I have to be careful when I trade because of the pattern trade crap
intuitive Jackal_354 OP TheWhiteCrow : so monday I'll be watching the price too, but I'll be buying calls that expire friday. the good thing a boutique calls is thyre cheap so you can buy monday and wait till they go up to sell for a 10x profit. also if the market goes down you can only lose what you paid for it, but if it goes up then you have no limit to how much you can make. when it comes to moass, it's easier to sell 10 calls than 1000 shares but you make 10x more money.
intuitive Jackal_354 OP TheWhiteCrow : if you try it one time then you catch on quick. try to chose the strike price closes to the actual price of amc. like the example I showed yesterday a .05 move in amc doubled your money if you bought at that .0
intuitive Jackal_354 OP TheWhiteCrow : .01 price. 5 cents later you had a double 2x , 10 cents later 3x and so on