What Are Your Moves Tomorrow, March 03, 2020
By - AutoModerator
I'm betting on Boeing going up in the near future. People seem to forget that it is not just a commercial airplane producer. It is worth much more even completely discounting its 737 MAX operations.
Thought on tomorrow:
\> COVID-19 infection >=1000 by Sunday of this week in USA
\> US indices go down at least by another 5-10% by Friday. After the dead cat bounce of Monday.
\> COVID-19 Vaccine and ant-viral Makers. who meet with Trump and health officials yesterday, will go up 10-50% in the next 10 days. Like I stated few days ago $INO is already hovering +100% today. Check my old posts. I would see how it does in the pre-market hours on Wednesday. It might pump to mid-teens before tanking to around $4-6$ before the end of the week.
\> Yesterday I predicted 25-50 basis point cut and it was actually 50 basis points. This will do nothing. The market will continue to plunge.
\> I expect some action from the "Plunge Protection Team" when the market drops 30% from the recent peak. I expect this to happen sometime in the next 3 weeks. At that time they may stop all trading. Check what happened in 2008. It will repeat.
\> So for us autists more puts! and more tendies!
\>As usual do your research!
Wow what a retard amirite
How do I short this dd?
FUTURES BLOOD GREEN 🍏🍏🥬🥬🥬🥒🥒🥒🥑🥑🥦🥦🥦🥗🥗🥗🧃🧃🧃🪀🪀🪀⛳️⛳️⛳️🚛🚛🚛🧩🧩🧩📟📟🔋🔋🔋🔋💶💶💶🔫🔫🔫🧪🧪🧪✅✅✅🏳️🌈
So many strong value plays right now.. we may be red tomorrow, but I think we start seeing a reversal from some stonks that have followed spy down starting tomorrow 👀
He's looking at Grindr stock mostly
It’s like the HFT algos and fund managers alike are behaving like us WSB people, no clue what to do with the rate cut and nCV judging by SPY price action.
What a battle for the 304s, that 200MA is quite something.
J Powell didn't save the economy, but he sure saved my puts.
SPY 3/6 294P all or nothing
SPY drilling hahaha.
Told you guys yesterday: No amount of money Powell can print to convince the virus to go back inside the bat.
SPY 270 in 2 weeks.
calm down I have spy 235 this thing will take a while to come down. We still got at least 1 month.
Why is no one talking about shorting dollartree? Is this too obvious????
I'm out of this market, no more options, I'm only losing money lmao
I'll wait until there's less volatility and a clear trend
Buckle up bitch and daytrade
DOCU? Looks like potential for earnings, any thoughts?
Is it just me, or are both puts AND calls really expensive rn?
IV is the answer you are looking for
Is IV 24% expensive? What % is considered cheap?
Now that we got our mediocre expected rate cut the only thing to do is bleed. Sorry fellas and fellerz.
Anyone playing dollartree earnings?
Oh man for a minute I thought we were going down.
I’m sitting on boatloads of cash b/c I’m too scared to play anything. Jesus fuck I’m a pussy.
I prefer cuck
Expected rate cut sell off... L O L
wow this whole hold thing is easy when my "free" broker acts it's price
Not again god damn it
This fucking marketnis the funniest shit lmao
again : [https://status.robinhood.com/](https://status.robinhood.com/)
Robinhood crashing again
Yeah works now right after the fake spike that I wanted to trade... thx rh
Well, fuck Robinhood…again! I can’t send in any orders and the contract I want to sell just hit my target!!! WTF!!!!!!
RH crashing again on anyone? My orders were barely coming out
The only move RH has to make is to implement daylight savings this weekend
Tesla $900 call for March 6th
I had a 940 call I got last friday that I sold at open for 300%
Stop it you're making me hard
I don't know, bears.
For being up 136 points on the S&P yesterday, maintaining those gains through AH can't look good for your cause.
Tread cautiously on this one.
Also, if you get butt fucked by Robinhood today or any day moving forward, it's solely on you.
Tesla printing tendies
Sell at open or nah?
Where we moving boys
I'll bring the futon
I’ll bring these heavy bags I’m holding. Lol
I just packed up my bags. Going to the exchange floor and start shouting orders. same chances of my trades being executed as rh.
But actually, might try webull or ibkr. Ibkr is better Just a trash interface.
This is the way.
Free yo mind, my brothas and sistas.
That's priced in so we see a big drop today?
Seems that way.
Maybe they wait until the 18th
We back to doing Tesla calls?
Think travel sector still has room to go down? Guidance and expectations have already done their hit but Q1 and Q2 are gonna be a slaughterhouse right?
The travel/tourism sector is going to be massacred when Europe & America reach Asia levels of infection and flights and airports are disrupted left and right
Anyone know the time of the fed announcement?
Sorry mate, not from the US. What time zone and 7am or pm?
Assume every major announcement is EST time lol
Cool, I just never am awake for it and read it the day after. Thanks.
Default to EST or -5. Also, your google broken?
Sometimes you just want to have a conversation with a stranger online to feel more connected. Google is not as personable.
Last Monday the consensus was btfd - we kept dropping. By the end of the week it turned to "puts are printing we drilling boys" - we ended up rallying eod into weekend and opened up yesterday bigly. Today everything is "Ath eow, imagine being a bear."
My play today is solely based off inversing the people of this sub and I've never felt more confident.
The fomo is powerful today be strong
Seeing as how G7 is not recommending a fiscal response, I’d say you are right.
I feel you on that bro but I wouldn’t say this sub is mostly bullish. I saw a poll late last night and it looked pretty evenly split between bears and bulls. I’m thinking the sub is turning more bullish so maybe one or two more up days before I cop some puts 🥜
Trading is a very solitary experience, so take time to appreciate Mods🌈 for keeping the lights 🔛 in this 💩🕳
bro invite me to the private sub
⛈ will peg me if I do
its ok me and storm are old yale buddies
Looks like it’s all riding on this Fed announcement (as expected) but bulls have all the leverage going into this.
Aaaaaand I'm Freeeee! Freeeeefaaaalling!
If there are no rate cuts at 7:30 we can expect the market to drill?
If no cut means markets and economy is strong - market rallies.
If cut means markets gets a big boost- markets rallies.
What do you think?
Who tf knows with this market could do a loop and then just stop moving all together.
I dont know
Let's be for real now, every single options play should be a straddle with multiple legs with for out expiry and shit is volatile you just sell whatever contracts are ITM at the time
The hate is 🅿️al🅿️able 🔛 🔱💲🅱️ these days, I think employer’s should restrict phone use in workplace, I know when I go to work in the cumming days I’ll be 👻
Just so you haters understand why my account is 💲mol by design, I enjoy the conversation & engagement here, any tendies are a ➕
2017 : $4,000 📲
2018: 📱➡️ $4,000
2019 & BYND🍀🥩: 🏚💰
ATH after withdrawing initial deposit was ~$6,700 then 🅱️🅰️ activated MCAS & *Nothing Was The Same* 🛫🛬🛫💥🔥🔥🔥
Never claimed to have 🅱️ig 🅿️urchasing 🅿️ower
♓️owever, 💯💵 has lasted since October 2019 & is aboot to become a rack, perhaps moar considering I’ve cashed out 💲🌳5️⃣0️⃣ in profits already
Anyone trading millions on their phone is a moron and deserves to lose it. Keeping the account small on a mobile account is the right play.
I agree, Dad 👨👦
If I lose $100-$1000, no big deal 🤷
If a $10,000 trade goes 🍥🍥☝️, that’s a big deal
Wtf is this post? this must be therapeutic for you
I now have eye cancer and brain cancer. Thx
Want sum 🦇🍲 & 🍺❔😃
All of the r/all bears that got crushed by RH downtime today definitely deserve it for their cocky behavior. Let me remind you these are the same people who were perma-bulls and bought calls last weekend before the crash.
Adapt your positions or just quit and go back to r/all.
To the real r/wallstreetbets users that just happened to be bears, I'm sorry for your loss. But if you're just an r/all user jumping on the trend you deserve everything that came to you.
I like you, you can even fuck my sister
Thank you I accept. Care to join?
I’ll join. I have huge 🥜
I appreciate your sympathy and I support this message.
Thank you and Godspeed.
Starting to get a little cocky...
Not cocky at all. I haven’t even said anything about my positions. I’m just shitting on r/all users.
Lmao dude on cnbc "don't fight the fed"
Live update, S. Korea has 5186 corona virus infections, increase over 974 people from yesterday.
Currently S. korea is able to test 11k per day since late last week. They even have drive thru. Corona virus test cap, unlikely 500 tests per day like US. By end of this week, US will have over 1 mil test kits available for use. I dont know how many test results per day or how much that test will cost.
Apparently nobody cares about the coronavirus anymore. 🤷♂️
They only care on Thursdays
Not on Monday, Tuesday, or Wednesday.
Alright boys what are the cheap plays now that I have nothing left.
Why ES have have they had something happen recently?
Is there any chance we don’t cut rates?
100% we cut 25 bps and 80-90% we cut 50 bps from last estimates. The thing with cutting 50 bps is if we do enter a recession later down the line cut, we are utterly fucked
What the global economy is doing right now is using all their timeouts in the bottom of the 1st quarter.
considering the estimations we've seen of hits to production and the overall ineffectiveness of containment of kung flu, yeah it seems likely.
The *main reason* markets sold off was because Bullard said "this is a temporary shock and we're not cutting rates because it's temporary" as if that was a justifiable thing to say when inflation is still soft in any case.
Do I think this will be the last cut for a long, long time? yeah fo sho, especially if it's 50 bps.
Now come the FOMC later this month make sure you're out of all your positions because shit might go crazy. We go up until then because I doubt any of the FOMC chairs will give a nod one way or the other to what their doing.
hope that helps, even if it's probably retarded and some dumb shit happens that makes everything I said irrelevant.
Rueters said no rate cuts
Today? Significant chance.
By the March fed meeting? Unlikely
It's a trap.
Bear trap or bull trap?
The amount of downvotes you have makes me feel good about my Calls
LOL! Wake up your still dreaming.
Wtf my msft 170c are green?! Not even iv crushed?
Big daddy is pumping raw.
Ban this kid. It’s pre market
Sending you love ❤️
By now I'm getting fucked hard by all the green in the European markets
BLACK BEAST REPORTING FOR DUTY, SIR. TENDY TORPEDOS PREPARED FOR LAUNCH. TARGETS 300P, 290P, 280P.
Front page of Reuters says only a statement wiill be issued today no action. Fyi.
World economic stimulus talks going well lol
Markets will take whatever assurances they can get right now.
I have 2 SPY 301 3/4 calls.currently at $9.78 each. Want to exit these. Smart to sell at open? Trying to figure out how best to do so. Open order now with limit of $9.78?
Figured I’d ask because doing it on my own I always seem to fuck up closing options in the best way possible.
Beginning of market open should be good. So you bought them for 978$ and make sure you get a premium profit..
No don’t do orders before open. You’ll get screwed.
Gotcha will wait.
You just listened to a broke ass 19 year old
Heh... I’ll take anything at this point. I’m just sick of getting the call right, having the right position and screwing up the finishing move.
We are at 27
Not yet, tomorrow or Thursday prolly
I think you’re right. We may have another couple days of green before we freefall
Chart unclear, stonks only go up
What’s your positions?
Short term uppies, slightly longer term downies just incase this DD turns out to be true
Hold puts over the weekend and you might become a miljonair or bankrupt...
So December of ‘18 was the basement and the roof was January of ‘20.
You know, we never retested those December lows....
My puts will suck you if right
On Friday is 27 or even Monday
Ban if not true
Easy there go get your coffee
On my third cup
Twitter is accusing the CDC of covering up total tested cases of the virus. We may be printing puts soon
Sometimes you have to underreport to avoid a bigger hysteria than what we saw over the weekend on the west coast. Humans are irrational creatures when they feel their lives are in imminent danger.
I completely concur. If that’s the case, that doesn’t feel like as much of a “cover up” to me. I don’t know quite how to explain it. A coverup (in my opinion) is to save the ass of someone implicated in what is being covered up. I.e. Nixon and watergate. In this case, in order not to induce total mass hysteria they don’t put out the 100% real numbers.
I’m not saying it’s ethical or right. But coverup doesn’t seem like the correct word to me.
But to your point, you have a lot of angry people looking to place a target for their blame on an administration they are unhappy with. So if they feel they are being lied to, they go to twitter to rally their point. Puts the CDC in a tough place.
This is called giving the mob bread while you gear up to leave Rome under the cover of night before the riots start
Unrelated to the market: I believe it. I think this is worse than originally thought. Not monumentally, but it's going to be more life effecting than we thought.
20k in spy and spce puts today for me. Will slowly dribble in throughtout the day
Aka downy tendies
yes cause we woll direct hit and down my target goes!!
Got March/April puts close to the top yesterday, thoughts?
Depends on strike...
The FEDs are probably going to pump stocks higher later today, but there is no way this shit doesn't hit the fan later this month as Covid-19 spread further. If not, earnings season is going to be brutal there is just no escaping that.
I have opened several short positions as well, like cmon a 6-7% gain on the SP500 in a day, this shit is dilusional.
Fundamentals stopped mattering when the market was pumping clothing companies to 30+ p/e
Earnings are going to be interesting, yes... But I fully expect something along the line of "we missed q1 because of beer flu but we are expecting to catch up during q2 while consumers will start buying more" and PUTs are going to expire worthless once more.
This is if the virus blows over, which probably wont. I don't think we have seen the peak yet. China's infection rate has slowed down because they are able to lock down whole cities, this will not work in Europe/US. I'm giving it at least a couple more weeks, just wait until the US starts mass testing.
Hell I hope I am wrong Ill just buy back in and play the long game but this can get much much worse than it is now. And people are gambling calls on a fake pump which at most will last a week.
US will never do mass testing though, the narrative is now "its just a few isolated cases traceable to x, y or z cluster"
EZ money, it'll probably rally until Thursday though
We’re gonna be so green today damn. SPY to 315
Coronavirus will not be dangerous enough to push the hands of the people with balls
The minority does not set trend though