I've been curious why you aren't selling weekly calls (even way out) on your AMZN just to collect a little premium? Is it just that you feel it could run hard at any moment?
I do absolutely. They still haven’t really had an ai pump. They are so undervalued I don’t want to miss a big move to scalp a few Pennies $10 otm. I will probably hold this and sell outs still around it as the vix heats up, but I see no reason not to hold these
Just that they didn’t see anything this week but saw a lot last week. It’s possible, nothing egregious. I like schwab a lot here actually. Everything is lining up chart wise and flow wise
I've been curious why you aren't selling weekly calls (even way out) on your AMZN just to collect a little premium? Is it just that you feel it could run hard at any moment?
I do absolutely. They still haven’t really had an ai pump. They are so undervalued I don’t want to miss a big move to scalp a few Pennies $10 otm. I will probably hold this and sell outs still around it as the vix heats up, but I see no reason not to hold these
Thanks man!
What do you have for $OKTA the last few months? And what do you think about the put buy today. I saw there was a call buy a few days ago
I don’t see much in general, it’s not a name that sees lots of large action.
You wrote that SMCI Is a momo AI name. What does "momo" mean?
Smci is a momentum name. Look at its chart, it ran this whole aI boom after doing nothing for so long.
What do you make of the fact that MSFT. JPM, SCHW, and others are very strong in the 2-week table but don't appear at all in the 1-week table?
Just that they didn’t see anything this week but saw a lot last week. It’s possible, nothing egregious. I like schwab a lot here actually. Everything is lining up chart wise and flow wise