Actionable Trade-Alert
from Rick in the Trading Room
(Please check all related discussion in the room before you do any trades.)
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08:00 |
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08:33 |
Any more reports on the lovely, Dead-Meat Trade in Airbnb? The slimeballs who control the stock are holding it aloft for distribution, lengthening our opportunity to lay in lots of cheap put calendar spreads. I’d suggest pushing out the expiration date of the ‘anchor’ puts by one week for each week DaSlimeballs delay the inevitable plunge. |
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09:00 |
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09:07 |
I was thinking, when I roll my short put on Monday, I might increase the strike price to 110 to collect some more premium, until I see the stock start to come down |
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09:18 |
A good strategy, Iceman, and thanks for sharing the idea. You will doubtless already know that turning the position into a VERTICAL calendar spread it will somewhat raise the margin requirement. |
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09:32 |
ESZ23 is on a ‘conventional’ buy signal of a reverse pattern. The a-b leg is nice looking, and so I expect the futures to rise to at least p=4369. The chart: |
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09:32 |
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