Bargains730

Bargains730 Updated 

SPCE, target: $28

Bargains730 Updated 

I think this closes the gap next week, especially if Mkt fills the gap also.

Bargains730

I'm long this IPO today, 500 shares, $28.50

Bargains730 Updated 

With all the malls being closed down, I can't imagine this company meeting any earnings estimates. This one is trading in a channel and with earnings AH today, I started a short on this one, 500 shares at $18. Short term trade, plan to cover tomorrow.

Bargains730

Ran up recently, Mostly due to overall SP500 market bounce the past week. Investors becoming bullish and short term bets being placed. Now, with overall markets looking to take a breather, I think this one goes back down. Target: $128 Entry today: May 19 - Short term trade. 500 shares short @ $132. Exit: tomorrow

Bargains730 Updated 

America will open back up soon. Several states already open, like Texas and Georgia. Many more states will open next week. What will people do when things are open again? Go shopping! C'mon, everyone loves the Mall - clothes, games, food! We all miss that stuff and guess what, SPG owns most of the malls in USA. When news hits that ALL malls are open in...

Bargains730 Updated 

Entered a long position here today - feel like this one will reverse pretty good along with overall QQQ

Bargains730 Updated 

The overall market showing signs of profit taking and possible issues from long term economic impacts of covid-19. I entered a short position here today, using a bear call spread - buying PUTS on TSLA is just ridiculous, the IV is super high and the theta is way too high. So, we do something better - SELL a call spread and take advantage of the IV crush. Sold...

Bargains730 Updated 

CSCO, strong company, great fundamentals, earnings coming today. My play was to enter some cheap calls with long expiration to avoid theta, I chose the $42.50 October calls. Thanks!

Bargains730 Updated 

We entered a short position on NFLX today, using a bear call spread, paying us $1.94 net credit. Bought 450 call / sold 445 call. 10 contracts. June Exp. As long as NFLX stays below 445, we make max profit of $1,940 Thanks for checking this out - tell me below what you think about NFLX ?

Bargains730 Updated 

Z has had a nice run up. More than doubled from $23 bucks. Huge red candle today on heavy volume. I think this one is due for a pull back. Position: Short 200 shares @ $50 today.

Bargains730 Updated 

AAPL has been moving up almost daily, driving the SP500 up over the past few weeks. Today, SP500 also looking over-extended. AAPL, also very over-extended to the UP side. The FANG stocks also had a red day today on good volume. High volume today on a very RED day, I think we see more traders taking profits here and possibly move lower. My play is using a bear...