Holy cow, my 7/17 $15 calls might pan out. Hopefully no bad news on inventories tomorrow.
jrknight252
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Early morning ought to be interesting. Really surprised this didn’t do more (or anything) after hours.
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@thelburtwilliams I was thinking the same thing.
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Oil up 2%; company that sells oil down 2%. Makes perfect sense.
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Andrew, at this point I can no longer take you seriously. Basing your “prediction” on the first two hours of futures. Surely you have better.
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Andrew, I am curious as to why you think this would go under $30? It hasn’t been below $30 since March 30th. It is a $35 stock based on fundamentals, and just crushed earnings.
What are you seeing that the rest of us are not? I am sure there is something you could point to that would give us some insight into your thought process. -
WTI at $40.15 at the moment. Last time it was at $40, $MRO went to almost $9. Let us see what the day holds. My 7/19 $9 calls are looking good.
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As of 4:12am est, WTI is at $39.92. UCO could head to 32-34 range today if WTI hovers in the low 40s
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Sure way to get spy positive; me buying puts.
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Beyond ridiculous
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Looking forward to tomorrow’s numbers. Of course the way this thing is acting, bad news is good news.
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If we could get a pull back to $305, I promise to sell my puts and never be a bear again. I should never doubt the power of the printer.
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Looks like it could get ugly late, or after hours. Hope no one plans to hold over night.
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I fully believe a successful launch pushes this stock to $950. True, Tesla is not SpaceX, but SpaceX is not a publicly traded company. Many are going to make a correlation and cause the stock to skyrocket (for no real reason). Because of this I bought two relatively cheap $980 options expiring 6/5. I think it will get a significant early Monday bounce (pre market and early market). Take your gains when you can (and feel comfortable).
Prayers for the crew and safe launch.
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