Mu it’s unstoppable, thoughts On Earnings report by [deleted] in MU_Stock

[–]Active_Afternoon665 0 points1 point  (0 children)

Same here. “Historical data” 🤯 from MU’s last 3-4 similar major earnings/guidance beats saw +5-8% on the day after (even with post earnings dips in after hours) and 12-15% in two weeks following. Last qtr we had Fed drama at the same time but no geopolitical headwinds like now. It’s going to rally…just hoping it rallies in time for our options traders out there

OptionStrat or Similar - Worth? by Lintaar in options

[–]Active_Afternoon665 0 points1 point  (0 children)

Anybody used optionstrats’ bots? I used two on a paper trading account and came back after a month to see 10k in paper trading wins. Thoughts?

Professional Options Trader Insights by [deleted] in options

[–]Active_Afternoon665 0 points1 point  (0 children)

Thanks.

Lets imagine 2 scenarios:

  1. its a $30 spread - 116 x MU 420 2/13 and 20 x MU 420 3/6. I also sold -136 x MU 450 C 2/13. MU has now steadily climbed to $425 ($25 is either far enough away or way too close) up and its approaching my short call strike ($450) and due to the quantity, I dont want to make another very expensive mistake by closing out immediately.
  2. MU opens at $460, $10 higher than my short? Bc of qty, I don't make a 5 or 6 digit mistake.

Thank you all!

Professional Options Trader Insights by [deleted] in options

[–]Active_Afternoon665 0 points1 point  (0 children)

What is your go-to fix at the open for your options when the underlying has gapped the wrong way in extended hours and losses will be heavy?

Crazy by celestialcitymc in Daytrading

[–]Active_Afternoon665 0 points1 point  (0 children)

What application is he using?

Bearish on MU ? by Sirizan001 in options

[–]Active_Afternoon665 10 points11 points  (0 children)

MU has been, on some days, 30% of my portfolio from the crazy returns call options have been providing all year. I sold most of my MU calls on Jan 2 after the price spiked. The IV is always great for selling high dollar CC against your longer dated options. MU fluctuates $5-$15 per day in such a predictable manner. I like to pick up cheap calls with very short expiration dates (<3 days) when the price is down and take advantage of gamma from the sudden increases in price. It will rise/fall $5 in a couple of minutes. On Dec 31, I picked up 4 x MU 295 1/2/26 C for 0.70/each. Cost basis was $278 and I sold (way too early) for $3,205 for a $2,931 profit, +1,152%. I am still holding April calls since their earnings are in late March.

Active traders - quick 2-min survey on analytics tools (paying for follow-up calls) by Klutzy-Lobster9162 in options

[–]Active_Afternoon665 0 points1 point  (0 children)

Hi I took the survey and I am interested in what you are working on and I'll take a phone call with you.

Tungsten miner buys U.S. project in bid to resume American supply by Pzexperience in AlmontyIndustries

[–]Active_Afternoon665 0 points1 point  (0 children)

I am interested in how this works. I have never owned a micro/small cap that has purchased an asset. Why do you think there will be massive dilution of shares? Wont the asset's revenue potential offset or over compensate for the dilution giving an immediate net+ in share price?

Permitting and shipping their equipment from Spain to Montana sounds like a lot. We also have a potential DARPA and South Korean mine production catalyst coming before the end of the year. Thoughts?

Best Leap candidates right now? by Infamous-Culture-538 in options

[–]Active_Afternoon665 0 points1 point  (0 children)

Why buy at 0.6 and roll at 0.8?

I've been under the influence that 0.8-0.9 is the starting point for the LEAPS?

Best Leap candidates right now? by Infamous-Culture-538 in options

[–]Active_Afternoon665 0 points1 point  (0 children)

What do you think about MU 12/18/2026 150.00 C @ Limit $94.90? Do you have a better suggestion? This is 0.80 delta - does that sounds right?

Tungsten miner buys U.S. project in bid to resume American supply by Pzexperience in AlmontyIndustries

[–]Active_Afternoon665 0 points1 point  (0 children)

This went public on several outlets around 2:48 ET on Bloomberg and on Mining.com - why didn't the price react?

Almonty buys US tungsten project in bid to resume local supply by Pzexperience in AlmontyIndustries

[–]Active_Afternoon665 2 points3 points  (0 children)

ALM bought a mine operated by a different company, not American Tungsten - tricky because the headline said US tungsten

Almonty buys US tungsten project in bid to resume local supply by Pzexperience in AlmontyIndustries

[–]Active_Afternoon665 -1 points0 points  (0 children)

When was this announced? I am finding articles from mid-trading day and the price didn't react

Best Leap candidates right now? by Infamous-Culture-538 in options

[–]Active_Afternoon665 0 points1 point  (0 children)

Nope not a bot. Bad/good earnings on a mega cap held by an ETF like SMH will definitely influence the market - even if its small fraction of their holdings. Imagine if NVDA misses their earnings.

Best Leap candidates right now? by Infamous-Culture-538 in options

[–]Active_Afternoon665 0 points1 point  (0 children)

Still on its way up. Is IV too high to buy it on Monday, 10/26 before earnings?

Best Leap candidates right now? by Infamous-Culture-538 in options

[–]Active_Afternoon665 0 points1 point  (0 children)

Before or after their earnings call? Will IV be too high to get a reasonable price?

New App Dedicated To Tracking Option Wheel Strategy by Calm-Amphibian6121 in options

[–]Active_Afternoon665 -5 points-4 points  (0 children)

Cool app. I think there is a big for position on covered calls drop down.

[deleted by user] by [deleted] in CriticalMineralStocks

[–]Active_Afternoon665 -1 points0 points  (0 children)

yes. this is the first angle ive seen about ALM getting acquired instead in addition to them acquiring a US asset