1. #1
    RoyBacon
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    The 8 days of trading and my true love gave to me...

    Guys let's gamble.

    We nailed the TSLA trade to get things going.

    I'm looking at gold and tax free muni's and others to buy or sell. Even twtr is verrry interesting. TWTR could jump 10% on a biden win or fall 10% with a biden loss.

  2. #2
    d2bets
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    Quote Originally Posted by RoyBacon View Post
    Guys let's gamble.

    We nailed the TSLA trade to get things going.

    I'm looking at gold and tax free muni's and others to buy or sell. Even twtr is verrry interesting. TWTR could jump 10% on a biden win or fall 10% with a biden loss.
    How do you figure? Trump is great for Twitter.

    TSLA down 3.5% on recalls. TSLA is so overrated it's comical.

  3. #3
    RoyBacon
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    Quote Originally Posted by d2bets View Post
    How do you figure? Trump is great for Twitter.

    TSLA down 3.5% on recalls. TSLA is so overrated it's comical.
    I'm a TSLA trader. It's 2nd to only AMZN in the stock I've made the most off of. I mostly sell calls and puts on TSLA.

    If Trump wins TWTR will lose it's DMCA safe harbor with out a doubt. You're a lawyer. That could bankrupt them and relatively quickly.

  4. #4
    d2bets
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    Quote Originally Posted by RoyBacon View Post
    I'm a TSLA trader. It's 2nd to only AMZN in the stock I've made the most off of. I mostly sell calls and puts on TSLA.

    If Trump wins TWTR will lose it's DMCA safe harbor with out a doubt. You're a lawyer. That could bankrupt them and relatively quickly.
    Interesting. I guess I should have thought about this more given that I am actually a TWTR shareholder back from the $20's.

  5. #5
    RoyBacon
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    Quote Originally Posted by d2bets View Post
    Interesting. I guess I should have thought about this more given that I am actually a TWTR shareholder back from the $20's.
    Man the options on TWTR are expensive! To buy a Put/Call spread with a $50 strike is about $7 for 3 weeks. So the stock needs to go under $43 or over $57 to make money. I'll pass on that one.

    TWTR is doing everything possible to help dems because they are done if republicans win. The law is not on their side. You don't get safe harbor is you pick a political side. Law suits fugging galore.

  6. #6
    RoyBacon
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    Bought a slug of GLD at 178.61. The play is to hold until election day. Nervousness causes folks to buy gold...sometimes.

  7. #7
    RoyBacon
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    Order Number J26PBVZL
    Status Filled at $5.33
    Symbol -SPY201106P338
    Description PUT (SPY) SPDR S&P500 ETF NOV 06 20 $338 (100 SHS)
    Action Buy to Open Put
    Quantity 150 Contracts
    Route FDLM

    So far I bought GLD friday and SPY Puts today.

    Notice TWTR just hit an all time high with the market down 400. That stock is directly tied to Biden and the Dems. It's more less like Dem state owned. I will buy it sometime today.

  8. #8
    RoyBacon
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    Added TWTR

    Order Number J26PQSGV
    Status Filled at $49.90
    Total Price Improvement $6.00

    Symbol TWTR
    Description TWITTER INC COM USD0.000005
    Action Buy
    Quantity 600 Shares

  9. #9
    RoyBacon
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    Sold covered calls on TWTR as it sinks.

    Order Number J26PZGCN
    Status Filled at $3.75
    Symbol -TWTR201030C48
    Description CALL (TWTR) TWITTER INC COM OCT 30 20 $48 (100 SHS)
    Action Sell to Open Call
    Quantity 6 Contracts
    Route FDLM
    Order Type Limit at $3.75

  10. #10
    RoyBacon
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    I think I'll sell at least half of the SPY puts tomorrow.

    Future are down -150. There is a huge profit. Bought at $5.33 and should be able to get $8.

  11. #11
    RoyBacon
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    Well that was a good trade, Buy for $500 and sell two days later for $1400

    That's the good news. The bad news id GL caught the covid. I think it's still a hold.

    Print Order
    Order Number J28RGVDP
    Status Filled at $14.726
    Total Price Improvement $39.00
    Symbol -SPY201106P338
    Description PUT (SPY) SPDR S&P500 ETF NOV 06 20 $338 (100 SHS)
    Action Sell to Close Put
    Quantity 15 Contracts
    Route FDLM
    Order Type Limit at $14.70

  12. #12
    RoyBacon
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    Quote Originally Posted by RoyBacon View Post
    Bought a slug of GLD at 178.61. The play is to hold until election day. Nervousness causes folks to buy gold...sometimes.
    GLD is on a ventilator at this point down $38. GLD -$3 at $176.

    I hate to do this but I'm putting a STOP sell on this guy at $175.50. Would be a shame to close this out 4 days before the election but DOWN $3 can turn into DOWN $9 and can't allow that.

  13. #13
    RoyBacon
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    Fugging gold is collapsing 5 days before this election???? Boyz, gonna go in the woodshed and take my beating on this trade.

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