- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
2
Posted on 6/27/21 at 3:48 pm to RedStickBR
Thanks. I like your system. Hope it continues to well for you. 
Posted on 6/27/21 at 5:18 pm to RedStickBR
I’m long ATOS, but it seems like it’s got to slow down soon. Volume has been through the roof. RSI must be above 80 if I had to guess.
Posted on 6/27/21 at 8:55 pm to jangalang
Thanks
Posted on 6/27/21 at 8:57 pm to bayoubengals88
Thanks. That one meets my screen criteria and technicals appear to be getting close to generating my buy puts signal.
That said, I know there is significant event risk with biotech, and I generally try to avoid event risk.
Do you foresee any sudden news releases that could jolt the stock higher, or is the news flow more or less dried up short term?
That said, I know there is significant event risk with biotech, and I generally try to avoid event risk.
Do you foresee any sudden news releases that could jolt the stock higher, or is the news flow more or less dried up short term?
This post was edited on 6/27/21 at 8:58 pm
Posted on 6/28/21 at 9:14 am to RedStickBR
News on trials came out a few weeks ago as did news of being listed on the Russell indices.
I think they’re probably on the Russell as of today and it was a sell the news type of event.
I think they’re probably on the Russell as of today and it was a sell the news type of event.
Posted on 6/28/21 at 1:45 pm to bayoubengals88
As you can see, ATOS is acting strangely. I believe there’s some kind of Reddit war going on.
Maybe best to steer clear of this one.
Maybe best to steer clear of this one.
Posted on 6/29/21 at 9:53 pm to bayoubengals88
ATOS is just a very volatile, high beta name. Chart set up (above all moving averages, RSI above 50, much lighter volume on pullbacks) still looking good. Another cup w/ handle possibly forming.
Much respect and admiration for the top institutions I see holding this one. I took a flyer here in after hours today. I will keep accumulating between here and $5.
Much respect and admiration for the top institutions I see holding this one. I took a flyer here in after hours today. I will keep accumulating between here and $5.
This post was edited on 6/29/21 at 10:05 pm
Posted on 7/16/21 at 12:42 pm to RedStickBR
quote:
Out of HYRE puts today; still holding WLL puts. Rerunning screen.
ETA: ended up taking a position in JYNT Aug $85 puts around the close today
Out of WLL puts for 25% gain. Still holding JYNT puts. Rerunning screen.
Posted on 7/20/21 at 8:59 am to RedStickBR
Still in JYNT, but added Sep. CPLG puts today.
Posted on 7/30/21 at 8:33 am to RedStickBR
Looking to unload JYNT today. There's some event risk forthcoming with earnings coming in 6 days.
Posted on 8/2/21 at 3:30 pm to RedStickBR
Dumped CPLG puts today for 7.5% gain. They also have earnings coming up and are apparently exploring strategic alternatives. Shame on me for not identifying that latter event risk when I took the position, but happy to have the gain and will make me more disciplined going forward.
Still holding JYNT puts, as I wasn’t able to unload Friday. I’ll be pulling the trigger as quickly as possible though, given earnings on Thursday.
Still holding JYNT puts, as I wasn’t able to unload Friday. I’ll be pulling the trigger as quickly as possible though, given earnings on Thursday.
Posted on 8/6/21 at 9:19 am to RedStickBR
Well, JYNT is my first loss since starting this thread, and that's entirely due to mistakes made on my part:
1. Not having recognized the event risk prior to entering the position. I literally could have done 5-10 more minutes of research prior to taking the position which likely would have caused me to avoid taking this position in the first place.
2. Even once the extent of the event risk was recognized, I was stubborn in not selling immediately (for a small loss) and instead rolling the dice on the earnings report (which has now resulted in a large loss). In a strategy like this, capital preservation is key, and I should have taken steps to preserve as much capital as possible instead of exposing myself to unwanted event risk.
1 loss out of a dozen or so means the strategy is still up 100s of %, but these were avoidable errors that I wanted to publicly acknowledge. Can't win 'em all, and can't identify unknown unknowns, but sure as hell could have limited my exposure to what should have been known unknowns (i.e. identifiable event risk).
Rerunning screen and remaining more disciplined going forward.
1. Not having recognized the event risk prior to entering the position. I literally could have done 5-10 more minutes of research prior to taking the position which likely would have caused me to avoid taking this position in the first place.
2. Even once the extent of the event risk was recognized, I was stubborn in not selling immediately (for a small loss) and instead rolling the dice on the earnings report (which has now resulted in a large loss). In a strategy like this, capital preservation is key, and I should have taken steps to preserve as much capital as possible instead of exposing myself to unwanted event risk.
1 loss out of a dozen or so means the strategy is still up 100s of %, but these were avoidable errors that I wanted to publicly acknowledge. Can't win 'em all, and can't identify unknown unknowns, but sure as hell could have limited my exposure to what should have been known unknowns (i.e. identifiable event risk).
Rerunning screen and remaining more disciplined going forward.
Posted on 8/9/21 at 9:11 am to RedStickBR
Took put positions in ASIX, DSKE and GSKY this morning.
Posted on 8/26/21 at 1:35 am to RedStickBR
quote:
They also have earnings coming up and are apparently exploring strategic alternatives.
I haven’t had the time to follow your thread as closely as I’d like, but do you sometimes buy puts WELL in advance of an earnings event, looking to take advantage of the IV spike going into earnings? Basically the opposite of what I do as an options seller.
Posted on 8/26/21 at 2:58 pm to Jag_Warrior
I'm always trying to buy well in advance of earnings and unload before earnings. I don't want the event risk.
Posted on 8/26/21 at 8:20 pm to RedStickBR
Right. So you do buy while IV is relatively low, capture the IV spike and then unload before the event? It’s a smart way to go, IMO.
Posted on 8/26/21 at 8:50 pm to RedStickBR
When you say 10-25% in the money do you mean buying a put above the current market price or below it? ITM and ATM confuse me.
Posted on 8/26/21 at 10:00 pm to RedStickBR
quote:
the strategy is still up 100s of %,
The fact that you’re working an actual strategy and tracking its success or win/loss rate is what’s causing me to try to follow your thread.
You’re not doing the so & so’s hot tips or throwing spaghetti at the wall to see what sticks approach that so many employ. Nice work.
Posted on 8/26/21 at 10:39 pm to Jag_Warrior
To an extent. I look for overbought stocks with shaky fundamentals, but don’t buy them until volume has settled down and they start to show signs of reversal. So in a way, I’m hoping any elevated volatility is skewed to the downside.
Page 3 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News