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Link Posted: 6/5/2023 7:52:16 PM EDT
[#1]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By EagleArmsHBAR:

It is so refreshing to log in and see that MVIS closed at a price point that puts me in the green overall with my shares.  I hope it keeps up!
View Quote


2 or 3 more days like today and I'll be in the green overall again too. It's been nice to see my portfolio slowly ticking up every day.
Link Posted: 6/5/2023 8:01:05 PM EDT
[#2]
Lol. I bought mvis at 4.55 over a year ago. Watched it like a hawk every day for over a year. It always went down.

Then I sold it at 4.50 or something.


And boom it goes up.

I'm good at this.
Link Posted: 6/5/2023 8:14:06 PM EDT
[#3]
Anyone hear of this strategy? Essentially profiting off the overall bull trend.  Goes like this:

Buy ITM SPY calls that are 30 days out.  If they look like they're going to expire worthless, roll them out 30 more days.  Otherwise sell them whenever they hit 50% gain.  

How much does it cost to roll a call out like that?
Link Posted: 6/5/2023 8:21:46 PM EDT
[Last Edit: CajunMojo] [#4]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Kuraki:
Anyone hear of this strategy? Essentially profiting off the overall bull trend.  Goes like this:

Buy ITM SPY calls that are 30 days out.  If they look like they're going to expire worthless, roll them out 30 more days.  Otherwise sell them whenever they hit 50% gain.  

How much does it cost to roll a call out like that?
View Quote


LOL, a lot.

ETA: Not as much as I would have thought. But still, rolling out isn't helping much. You're looking at around 6-700 bucks for 1x ITM SPY call a month out. You're looking at selling (if they look like they expire worthless). You'll need to offset those with more than 50% gains.
Link Posted: 6/6/2023 12:53:46 AM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Brotherbadger:


2 or 3 more days like today and I'll be in the green overall again too. It's been nice to see my portfolio slowly ticking up every day.
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Brotherbadger:
Originally Posted By EagleArmsHBAR:

It is so refreshing to log in and see that MVIS closed at a price point that puts me in the green overall with my shares.  I hope it keeps up!


2 or 3 more days like today and I'll be in the green overall again too. It's been nice to see my portfolio slowly ticking up every day.


I was in the green for a short while today,only down a couple hundred now compared to 12k a month ago.
Link Posted: 6/6/2023 1:07:20 AM EDT
[#6]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By CajunMojo:


LOL, a lot.

ETA: Not as much as I would have thought. But still, rolling out isn't helping much. You're looking at around 6-700 bucks for 1x ITM SPY call a month out. You're looking at selling (if they look like they expire worthless). You'll need to offset those with more than 50% gains.
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By CajunMojo:
Originally Posted By Kuraki:
Anyone hear of this strategy? Essentially profiting off the overall bull trend.  Goes like this:

Buy ITM SPY calls that are 30 days out.  If they look like they're going to expire worthless, roll them out 30 more days.  Otherwise sell them whenever they hit 50% gain.  

How much does it cost to roll a call out like that?


LOL, a lot.

ETA: Not as much as I would have thought. But still, rolling out isn't helping much. You're looking at around 6-700 bucks for 1x ITM SPY call a month out. You're looking at selling (if they look like they expire worthless). You'll need to offset those with more than 50% gains.


See it sounded too good to be true.  Like doubling down at the roulette table every loss "good."
Link Posted: 6/6/2023 1:40:01 AM EDT
[#7]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Brotherbadger:


2 or 3 more days like today and I'll be in the green overall again too. It's been nice to see my portfolio slowly ticking up every day.
View Quote


Same here.
Link Posted: 6/6/2023 9:02:05 AM EDT
[Last Edit: CajunMojo] [#8]
This was 36% yesterday.

Attachment Attached File

Attachment Attached File
Link Posted: 6/6/2023 9:42:55 AM EDT
[#9]
BRIEF-Genius Group Announces 119% Revenue Growth For Full Year 2022, Expansion Of Pro Forma Gross Margin To 53%
8:56 AM ET, 06/06/2023 - Reuters

June 6 (Reuters) - Genius Group Ltd:

* GENIUS GROUP ANNOUNCES 119% REVENUE GROWTH FOR FULL YEAR 2022, EXPANSION OF PRO FORMA GROSS MARGIN TO 53%

* GENIUS GROUP LTD - FY LOSS PER SHARE $2.44 Source text for Eikon: Further company coverage:
Link Posted: 6/6/2023 9:47:35 AM EDT
[#10]
1 Mill volume in the first 15 minutes of trading.
Link Posted: 6/6/2023 9:49:15 AM EDT
[#11]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Kuraki:
Anyone hear of this strategy? Essentially profiting off the overall bull trend.  Goes like this:

Buy ITM SPY calls that are 30 days out.  If they look like they're going to expire worthless, roll them out 30 more days.  Otherwise sell them whenever they hit 50% gain.  

How much does it cost to roll a call out like that?
View Quote


I watched that same video
Link Posted: 6/6/2023 9:49:29 AM EDT
[#12]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By CajunMojo:
1 Mill volume in the first 15 minutes of trading.
View Quote


I like this.
Link Posted: 6/6/2023 9:51:34 AM EDT
[#13]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By colt_thompson:


I watched that same video
View Quote


1250%!
Link Posted: 6/6/2023 9:53:02 AM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By CajunMojo:
1 Mill volume in the first 15 minutes of trading.
View Quote

Link Posted: 6/6/2023 9:57:49 AM EDT
[Last Edit: Youtawn] [#15]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By CajunMojo:
1 Mill volume in the first 15 minutes of trading.
View Quote

Are we going to find a new 52 week high today??
Attachment Attached File


ETA:  Yep...
Link Posted: 6/6/2023 9:59:04 AM EDT
[#16]
Six dolla holla
Link Posted: 6/6/2023 9:59:44 AM EDT
[#17]
WTFM? (What The Fuck Mavis?)
Link Posted: 6/6/2023 10:00:21 AM EDT
[#18]
Why are my $5 Jan calls worth less today than yesterday?
Link Posted: 6/6/2023 10:01:44 AM EDT
[#19]
Shit im only down $500
Link Posted: 6/6/2023 10:02:42 AM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Kuraki:
Why are my $5 Jan calls worth less today than yesterday?
View Quote


Options are like woman. I don't understand them, they do irrational things and typically cost me money


Although my july $5 calls are up 35% today and 140% overall
Link Posted: 6/6/2023 10:05:47 AM EDT
[#21]
$6 today would be great. Dollar a day would be even better all the way to $28 again
Link Posted: 6/6/2023 10:06:24 AM EDT
[#22]
Who, she's at 5.89, and this is page 1589
Link Posted: 6/6/2023 10:06:52 AM EDT
[#23]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By waldershrek:
$6 today would be great. Dollar a day would be even better all the way to $28 again
View Quote



There you go
Link Posted: 6/6/2023 10:07:01 AM EDT
[#24]
I sold one of the calls I bought friday at 150%, one at 200%.
Link Posted: 6/6/2023 10:08:31 AM EDT
[#25]
2.7  million shares traded so far....
Link Posted: 6/6/2023 10:08:54 AM EDT
[#26]
You're all welcome
Sold 90% this morning (27,000 shares) in smallish lots
Kept 3000 just because
I was up about 120% at $6
Need the funds for other projects
Now you know this will run to $10 by the end of the month
Link Posted: 6/6/2023 10:11:38 AM EDT
[#27]
Now im worried lol wheres this baby going?
Link Posted: 6/6/2023 10:13:55 AM EDT
[#28]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By colt_thompson:
Six dolla holla
View Quote

Link Posted: 6/6/2023 10:14:04 AM EDT
[#29]
I’m scared to move.  I don’t want to knock anything over.
Link Posted: 6/6/2023 10:15:05 AM EDT
[#30]
I keep looking at this and vacillate between "it has to end, I should sell some covered calls" and "this is a massive squeeze, I should buy some OTM calls."
Link Posted: 6/6/2023 10:15:06 AM EDT
[#31]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Tango:
Now im worried lol wheres this baby going?
View Quote



STOP RUNNING THE WEEDEATER
Link Posted: 6/6/2023 10:15:07 AM EDT
[#32]
A million volume every 15 minutes sustained so far.  Feels a little squeezy in here.
Link Posted: 6/6/2023 10:15:48 AM EDT
[#33]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Admiral_Crunch:
I’m scared to move.  I don’t want to knock anything over.
View Quote


I was holding my tongue funny when I opened my brokerage and now I don't want to move it.
Link Posted: 6/6/2023 10:17:48 AM EDT
[#34]
Link Posted: 6/6/2023 10:18:39 AM EDT
[#35]
I’ll say it again, wtf is happening?
Link Posted: 6/6/2023 10:19:03 AM EDT
[#36]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By apexcrusade:



STOP RUNNING THE WEEDEATER
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By apexcrusade:
Originally Posted By Tango:
Now im worried lol wheres this baby going?



STOP RUNNING THE WEEDEATER


Shot the weedeater
Link Posted: 6/6/2023 10:22:11 AM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Tango:


Shot the weedeater
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Tango:
Originally Posted By apexcrusade:
Originally Posted By Tango:
Now im worried lol wheres this baby going?



STOP RUNNING THE WEEDEATER


Shot the weedeater



Attachment Attached File
Link Posted: 6/6/2023 10:25:19 AM EDT
[Last Edit: bradpierson26] [#38]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By apexcrusade:



/media/mediaFiles/sharedAlbum/savage_JPG-180.jpg
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$6.47 appreciates your sacrifice
Link Posted: 6/6/2023 10:25:54 AM EDT
[#39]
Mark it down boys im in the green
Link Posted: 6/6/2023 10:26:17 AM EDT
[#40]
It's looking like I need to settle on an exit strategy. If this thing squeezes again I don't want to be left holding everything and looking at all the profit I could have taken.

I don't know what price target I'm comfortable getting out at. Especially because most of my shares are LTCG now.
Link Posted: 6/6/2023 10:27:24 AM EDT
[#41]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Sonoran_Tj:
It's looking like I need to settle on an exit strategy. If this thing squeezes again I don't want to be left holding everything and looking at all the profit I could have taken.

I don't know what price target I'm comfortable getting out at. Especially because most of my shares are LTCG now.
View Quote

This seemed to be the issue last time (correct me if I’m wrong boys, I missed the last squeeze)
Link Posted: 6/6/2023 10:28:34 AM EDT
[#42]
That volume from 9:24-9:27am central.
Link Posted: 6/6/2023 10:29:40 AM EDT
[#43]
Close over $7 would be awesome.
Link Posted: 6/6/2023 10:30:36 AM EDT
[#44]
Link Posted: 6/6/2023 10:31:31 AM EDT
[#45]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Tango:


Shot the weedeater
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Tango:
Originally Posted By apexcrusade:
Originally Posted By Tango:
Now im worried lol wheres this baby going?



STOP RUNNING THE WEEDEATER


Shot the weedeater



Link Posted: 6/6/2023 10:31:34 AM EDT
[#46]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Sonoran_Tj:
It's looking like I need to settle on an exit strategy. If this thing squeezes again I don't want to be left holding everything and looking at all the profit I could have taken.

I don't know what price target I'm comfortable getting out at. Especially because most of my shares are LTCG now.
View Quote



This is the question of the hour
Link Posted: 6/6/2023 10:32:32 AM EDT
[Last Edit: Kazual] [#47]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By bradpierson26:
I’ll say it again, wtf is happening?
View Quote

This here, "f" me, I'm green, averaging down payed off. Tempted to set a stop on 1/2 my shares.  At any rate, averaging down payed off in this instance for now.  Alright!, who made it drop from $6.70 to $6.49 while I was typing?
Link Posted: 6/6/2023 10:33:35 AM EDT
[#48]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Sonoran_Tj:
It's looking like I need to settle on an exit strategy. If this thing squeezes again I don't want to be left holding everything and looking at all the profit I could have taken.

I don't know what price target I'm comfortable getting out at. Especially because most of my shares are LTCG now.
View Quote


I was just thinking the same thing. Last run up I was offline and away from any means to capitalize on it for a few days. I'm contemplating a new strategy with a sale order at a yet to be determined price point. It needs to be in the double digits to make sense for me though.
Link Posted: 6/6/2023 10:35:14 AM EDT
[#49]
Sold 50 shares just to satisfy that urge.  It's nowhere near an exit point for me
Link Posted: 6/6/2023 10:35:16 AM EDT
[#50]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Admiral_Crunch:



/media/mediaFiles/sharedAlbum/eYcotJS__1_-544.gif
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Admiral_Crunch:
Originally Posted By Tango:
Originally Posted By apexcrusade:
Originally Posted By Tango:
Now im worried lol wheres this baby going?



STOP RUNNING THE WEEDEATER


Shot the weedeater



/media/mediaFiles/sharedAlbum/eYcotJS__1_-544.gif


Should I shoot my weedeater too?
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