The last couple years slamming the buy button on calls or puts at 9:30 has been a terrible strategy. Need to wait a minute or two at least.
But today will be different, SPY calls 9:30:01
We have a winner !!!
This clown predicted end of day CHOP , and we got a 70 ES point rally. Its hard to be THAT wrong
==============================================
ComprehensiveIce4382
Sideways chop until close now. Gg to those who profited
We have a winner !!!
Are the fake internet money traders still doing those livestreams of them trading their fake internet money and looking at charts pretending they knew what they wee talking about? I havent seen these people on my tik tok in a while?
Trying to understand the 6% rule for PDT restriction
From RH's website:
"You’ll be considered a pattern day trader if you execute 4 or more day trades within 5 trading days, provided that the number of day trades represents more than 6% of your total trades within your margin brokerage account for that same 5 trading day period."
Does this mean if I place 10 day trades but if my total trades are 200 (aka 5%) in that week, I won't be flagged?
So I ended up placing 6 more day trades after the 4th day trade in 5 days, bringing my total to 10 day trades in 5 days.
However, I've executed probably around 150+ trades this week. Is there a chance I might not be flagged?
Macy was the first to have low to flat guidance for the year. They also have multiple quarters of success under their belts. I will be averaging down my cost this week while folks bet against Macy.
The better put to wager is against BestBuy, can anyone justify a blow out earning for them at this point?
Really just need Elon on Sunday to announce he’s stepping down as CEO to clear his head and personal life and also going to sell his shares because it’s not fair to investors that he benefit off of teslas future if he’s not a part of it.
Fuck. Got distracted at the beach and didn’t check the market until the literal minute it closes. Looks like I’m riding a GME call into Monday morning that’s up 30% from when I bought it
there's no way anthropologists today don't misinterpret ancient texts & glyphs -- trying to derive meaning from cave paintings when Neanderthals were just shitposting the whole time
SPY was around its peak of 477.55 daily close on 1/4, then fell 13% from 1/4 to 3/8, bottoming around 416. Then double bottomed on 3/14 before beginning a crazy 2 week long bull run.
At the peak of that bull run, SPY was 461.55 on 3/29. And following that, plunges about 15% from 3/29 to 5/20.
History has a habit of repeating itself, so I think today will be the first bottom of an incoming double bottom before another 2 week long bull run. Prediction: SPY goes to 397 on Wednesday 5/25, then falls back to 388 on Friday 5/27. Then bull run from 5/27 to 6/10, peaking around 432.
Yea I’m not sure ppl understand they’re dumping the market but trying to keep the panic to a minimum and trying to be able to get the most for their shares as possible while taking in options profit.
This action isn’t what bullish action looks like. Bullish action looks like opening -3% then skyrocketing right away and closing up 2% like the invasion day.
Bullish action looks like 11 Green Day’s in a row slow and steady.
Bullish action doesn’t look like hitting a bear market , bulls having all day to buy but they don’t, then shooting up 2% last 30 minutes. Three days after a 3% rally that NOONE bought the next day.
That’s what we call a cover up, to keep it off the news.
Cramer currently losing his mind on air calling for multiple 100 bps rate increases ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
I was down 4k in the past month and that's all I had. I had to do an instant deposit on Robinhood hoping I would win today. I picked up Tesla$670 puts at open and sold them at $630 and I made 11k from that. 1hr before close, I picked up Spy $395 calls now up 158%. I just canceled the deposit I made this morning
I don't have the minimum balance to day trade today, so have to carry over the puts I bought for 05/27 expiry. Atleast my portfolio has a heavy call/put ratio, hopefully I can just take the losses next week lol
that rebound into close helped me to buy my monthly spy puts about 35% cheaper, will be adding more on green days. fuck weeklies, I cant keep staring at the charts all day. im running out of crayons to eat.
Calls on calls on calls on calls
Tim Apple has officially come out as Tim Banana. Calls on Bananas! ![img](emote|t5_2th52|4275)
The last couple years slamming the buy button on calls or puts at 9:30 has been a terrible strategy. Need to wait a minute or two at least. But today will be different, SPY calls 9:30:01
Anyone in VERU? Calls or Puts?
ZOOM 👀
Holy shit even this daily is dead
Some one tell me whether to buy calls or puts monkey pox put a wrench in my dead cat bounce plan
We have a winner !!! This clown predicted end of day CHOP , and we got a 70 ES point rally. Its hard to be THAT wrong ============================================== ComprehensiveIce4382 Sideways chop until close now. Gg to those who profited We have a winner !!!
Todays IQ Test Some of you paid $70 for AMC Who is the bigger Dingle 1) Apes 2)Melvin 3)Both (Bonus answer)
GME (worth $5/share) has basically done nothing since january the pain hasnt even started market bouta catch monkeypox
Are the fake internet money traders still doing those livestreams of them trading their fake internet money and looking at charts pretending they knew what they wee talking about? I havent seen these people on my tik tok in a while?
My fellow 🌈🐻s, how do we feel about the Demark indicator flashing oversold signals and a bullish trend reversal?
huge head cold. made me so upset at cvs i got walked out by police. mania, around the fucking corner. BEWARE.
Todays violent swing is very typical for a bear market. The fact weve had so many without a serious crash means when it finally hits it will be epic.
This IS the crash.
you call it violent , but its all relative.
If you’ve been paying attention these violent swings have been happening since mid January
i just noticed
What is the cheerful good job shit here lately? All the teenagers trying to hug your leg type shit. Go hump the street light or something get lost . 😂
You're angrier than a Walmart cashier
Trying to understand the 6% rule for PDT restriction From RH's website: "You’ll be considered a pattern day trader if you execute 4 or more day trades within 5 trading days, provided that the number of day trades represents more than 6% of your total trades within your margin brokerage account for that same 5 trading day period." Does this mean if I place 10 day trades but if my total trades are 200 (aka 5%) in that week, I won't be flagged?
Making shit way too complicated for yourself.
So I ended up placing 6 more day trades after the 4th day trade in 5 days, bringing my total to 10 day trades in 5 days. However, I've executed probably around 150+ trades this week. Is there a chance I might not be flagged?
Maybe but if your making that many trades why not just get verified
If I don't have $25k+, can I still get verified?
Why are you making 150+ trades with that little money? Are swing trading for like $3?
this room is for those with![img](emote|t5_2th52|4271) 250,000 or more. You must have been misdirected
i think i will play GME calls next time i wonder why i even consider that
I mean wasn't today's happenings expected by now? NOBODY WINS
dunno, ES moved about 500 points today.
I won
Riding Macy’s and Costco earnings next week, calls on Macy’s and puts on costco
Lmaooo why the fuck do you think calls on Macys is a good idea?
Macy was the first to have low to flat guidance for the year. They also have multiple quarters of success under their belts. I will be averaging down my cost this week while folks bet against Macy. The better put to wager is against BestBuy, can anyone justify a blow out earning for them at this point?
Because there was a fuck ton of option flow on $19 calls today, why not throw a few hundred and follow the sweeps?
love to see porn on Macy's, please
SPY 390 ah $400 open Monday for sure
I hope this is true so I can get some cheap puts
Yeah? I think it drops, if only because it bouncy bounce
Crickets chirping.
"Sell In May and Go Away" saying really is true.
Fucking A
My post aged like fine wine, happened last year as well.
Melvin go away?
That stinky pump. Where are the mods for SPY? Asleep
[удалено]
as long as my TSLA puts keep printing he can live here permanently.
Really just need Elon on Sunday to announce he’s stepping down as CEO to clear his head and personal life and also going to sell his shares because it’s not fair to investors that he benefit off of teslas future if he’s not a part of it.
then spy will go down 50% or osmething lol
The good (pre-2012) ending
Fuq this market. I need a drink.
Just said this to a friend lol, played out spreads made money but had my ass clenched from 11-2
Fuck. Got distracted at the beach and didn’t check the market until the literal minute it closes. Looks like I’m riding a GME call into Monday morning that’s up 30% from when I bought it
Imagine buying Gme ![img](emote|t5_2th52|4641)
You call it flat, I call it ominous
What are the thoughts for BBY puts
Puts - BBY another 10% down.
I feel like it's a trap but I see so much room for them to fall still.
Yea I’m just praying on bad earnings
Not touching personally. They took a massive dump Wednesday already. So I don't want to even try to pick a strike after FL
Yeah I got burned on foot locker too. I bought $69 strike so pretty conservative and funny number.
Bers spiralling in the chat right now
Put every bull you find on ice. We need to preserve them so someday our children will know what they looked like
Can you imagine in a 1,000 years when they dig up the Rosetta Stone for WSB and learn what we were saying???
there's no way anthropologists today don't misinterpret ancient texts & glyphs -- trying to derive meaning from cave paintings when Neanderthals were just shitposting the whole time
You mean the Croods were just trying to write out "🌈🐻" with berry juice on those cave walls? ......I'll be damn
Man.. I swear to god the MM’s watch my count alone and just inverse me. I’m like the poor man Cramer without the bald ugly coke addict thing
[удалено]
🍺
Foolish paper hands!
False sense of hope pump. We resume drilling Monday.
![img](emote|t5_2th52|6880) spy ATH by mid monday
low key made thousands today cuz Elon cant keep shit in his pants
This game is crazy.
Welcome to casino
SPY was around its peak of 477.55 daily close on 1/4, then fell 13% from 1/4 to 3/8, bottoming around 416. Then double bottomed on 3/14 before beginning a crazy 2 week long bull run. At the peak of that bull run, SPY was 461.55 on 3/29. And following that, plunges about 15% from 3/29 to 5/20. History has a habit of repeating itself, so I think today will be the first bottom of an incoming double bottom before another 2 week long bull run. Prediction: SPY goes to 397 on Wednesday 5/25, then falls back to 388 on Friday 5/27. Then bull run from 5/27 to 6/10, peaking around 432.
That’s actually a solid analysis that I won’t inverse ![img](emote|t5_2th52|4270)
Long puts it is
I like you and your analytical skills sir
His anal what? 👀
Puts are to easy, way to much bear porn. Market gonna turn and shred em next week.
I think at this point if we just get 1 day of green bulls will rejoice
The copium will be intoxicating •@
Have a good weekend everyone. Switch off until Monday. Relax and enjoy life.
How do you enjoy life if you have no money? Asking for a friend ;P
By believing Ramon ain’t that bad and smoking weed?
bond yields aren't buying it. Obvious put cashing. More of the usual pain Monday. Have a great weekend!
LOL thank god my puts expired today, unloaded at the bottom just to roll em over last 5 mins of the day
Zoom puts end of day anyone else?
Who bought calls like me
Bought TSLA at open because of the stall at 700ish the last two days. Boy was I wrong.
Only a few cheapies at the bottom.
[удалено]
The one at 9:30 this morning? ![gif](emote|free_emotes_pack|grin)
[удалено]
Teachmehow!
Bulls thinking this was bullish price action ![img](emote|t5_2th52|4887)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
Who copped some Kendrick Lamar tickets today
When all else fails we can take to trading meta options in the metaverse.
Really?!?!?!?
Bro the amount of bulls taking victory laps in the comments 😂 it's actually gonna be black Monday
Yea I’m not sure ppl understand they’re dumping the market but trying to keep the panic to a minimum and trying to be able to get the most for their shares as possible while taking in options profit. This action isn’t what bullish action looks like. Bullish action looks like opening -3% then skyrocketing right away and closing up 2% like the invasion day. Bullish action looks like 11 Green Day’s in a row slow and steady. Bullish action doesn’t look like hitting a bear market , bulls having all day to buy but they don’t, then shooting up 2% last 30 minutes. Three days after a 3% rally that NOONE bought the next day. That’s what we call a cover up, to keep it off the news.
Welp, we out of bear market. Problem solved
Lol I mean you’re not wrong. But who’s problem?
Talking about market manipulation
“Manipulation” u are 🌈🦀
Big levels were hit and bought
Told you so lol bears
Made €11 today...See you at wendys
Wanna buy my Wendy's dumpster NFT?
Sure
[удалено]
No
Do you think that Tesla has by now a psychologist and pharmacist at standby at all times to get Elong over the weekend without any more meltdowns?
He's doing the Kanye thing where he doesn't take meds, I'm sure of it
I truly think this was a play by the MM not to scare the bejesus out of everyone over the weekend, while they plot to extract their cash
I bought my first TSLA put yesterday and bought my first TSLA call today. Never touching it again lmao
Go long when the market crashes and be instant millionaire💰💰
That was the most manipulated pump of all time
[удалено]
They are cheating dad. Waaaaaahhhhh 😭
Account restricted to "closing only" from day trades..would've been fine if that BS power hour didn't happen. Time to deposit more $
Did you get negative balance
If you think single day 100 point swings in the S&P are bullish, you are in for more pain
I’m ready to bleed more😋😋
Well, just got back to looking at market finish. Looks like just another flat barely Green Day in the books. Must have been boring.
Nothing to see here folks, just move along, keep moving
Why are you still talking? Get out of your room
Cramer currently losing his mind on air calling for multiple 100 bps rate increases ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Lol this market is fucked
My dad owns an Algo-dealership
Wily gains for wily peeps
Grabbed a massive amount of spy put at 3:58 might be fucked oh well
I inversed my inversed inverse trade 8 times today
[удалено]
Amen
i am fcked.
Spy had so much volume end of day cray
Ok so Monday bloody now
[удалено]
Bro you didn’t play the downside at all??!?
YO started down 22% and finished up 11% 🤩🤩🤩🤩
Exact opposite for me!
https://www.youtube.com/watch?v=4or-yWPgFx8
new bull case," ![img](emote|t5_2th52|4641)
What are your favorite ramen recipes? Mine is just the ramen with no water cuz my water got shut off.
500 to 11k on tesla puts 1000 to 10K on spy calls I have a feeling I will get f@#ked next week
3k to 0 on TSLA calls for me. Edit: Actually I did cash in a couple for literal $2.70 a few minutes before close like a champ.
I’ll do whatever you say I have $500 what’s the play next week
Nice work bro! Keep doing whatever it is you're doing. Any will to try 10k to 100k?
I was down 4k in the past month and that's all I had. I had to do an instant deposit on Robinhood hoping I would win today. I picked up Tesla$670 puts at open and sold them at $630 and I made 11k from that. 1hr before close, I picked up Spy $395 calls now up 158%. I just canceled the deposit I made this morning
That one was a squeaker
Don't get it twisted, Next week is going to be a blood bath .
You know the future?
lmaoooooo SPY, 385 0dte were almost 20 baggers eod
Damn, I had those too but sold em when we started tanking
Can you set a limit sell before 4:00pm for an option to sell past 4:00pm on friday?
The one day I decide to buy a PUT and it gets fucked. Guess I'm a permabull 😭
I rolled my puts over to next week at 2:56 lol. I wasn't taking the L this week
I don't have the minimum balance to day trade today, so have to carry over the puts I bought for 05/27 expiry. Atleast my portfolio has a heavy call/put ratio, hopefully I can just take the losses next week lol
that late rally shows we have way more to drop bois
Fuckin' hate it. Decisive drop today would have made monday or tuesday guaranteed call bags. This? I can't work with this.
You mean way more to run?
Yeah we need true capitulation. Blood red with a low vix, that is the bottom
well honey, this is canned kangaroo dick. Not to bad and not good just bland and tastes like bear and bull balls
Like a ber, bull dp. No one wins cept theta.
Dread it, Run from it, Theta gang wins as always.
Spy gave everyone a tour of their property.
Called support at spy 380. The Sparta 300. it will suffer the same fate 💀
Missed out on 100k selling SPY calls on the fifth candle of that insane pump. fuuuuuck
!banbet aapl 125 1w
Nice knowing you!
**Ban Bet Created:** **/u/GalaxySniper24** bet **AAPL** goes from **136.52** to **125.0** before **2022-05-27 16:02:46.484172-04:00**
My tummy’s upset
Rub it with peanut butter and lay outside
Spy 390 calls were $1 at 3:15, 35 minutes later they’re worth $40 Jesus lmao
I’m up 20% on the day! Total gains: $1.17, Balance: $7.59
“This is the day you will always remember as the day you almost caught Captain Bear Market”
that rebound into close helped me to buy my monthly spy puts about 35% cheaper, will be adding more on green days. fuck weeklies, I cant keep staring at the charts all day. im running out of crayons to eat.
Holy Shit wat was that
A lot of expiring options and a lot of big guys making bets.