You "should be" able to pull the hedge profit at about 36.30...ish. Now at 36.42. There won't be too much more downside before your "chase the rally" entry price gets retested. I'm "trying" to teach you to stop doing this stuff, Greg. You bot a short term second day mini gap up after a 1 day stealth rally off an "ass kickin" low. Stop buying gapups after a rally and you will save yourself 30%+ in premium costs. :-)
So I missed by 1 or 2 cents....I'll work on it? Low was 39.28. You can take it out of my upvote money "if" I get this thing back up to where you longed it. Is that fair to you, Greg? Better say yes...else I'll overshoot by .10. You don't want to panic here, nobody does. :-)
As I said, I'd be out of the hedge short but I'm not sure if you want to add to the long. I personally don't think you will be able to generate even 10% upside to the actual price you paid for those calls. So I'd be out as price crosses through today's high. It was pretty "obvious" it might turn right on the open as it reached a "minor" overbot signal. Even the gold stocks, which did that yesterday as GDX hit 22.50+ were "mildly" overbot there...but then "lunacy" drove them even higher. So what happens in short order? Yep! The whole thing gets retraced back to where the idiots wanted in. That's the way it always works. I haven't tracked EBAY at all but I figgered right from the getgo it would retrace. Plus this is a 52 wee high? EBAY basically sux, Greg. You byuying this pos on funnymentals or something even crazier than that? :-)
To edit this, I said I don't think you could get even on your trade and generate 10%+...you can if you add to the position. But you will have to make a MUCH shorter term bet. So that's up to you as I'm sure a short term hedge likely generated at least 30%...if you played it the "correct" way.
Well, I DID say that it was not a good idear to panic here. See what happens when everyone panics?:-) I did put Tessie back on her diet at 346 lbs after I gave her a break from losing 80 lbs under my supervision in less than a week last time. This time I'm targeting 280 lbs for Tessie. Please follow my diet programs, Greg. The Oprah diet too! And let Greg Hunter know! Thanks. :-)
You "should be" able to pull the hedge profit at about 36.30...ish. Now at 36.42. There won't be too much more downside before your "chase the rally" entry price gets retested. I'm "trying" to teach you to stop doing this stuff, Greg. You bot a short term second day mini gap up after a 1 day stealth rally off an "ass kickin" low. Stop buying gapups after a rally and you will save yourself 30%+ in premium costs. :-)
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ebay&x=52&y=23&time=3&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
So I missed by 1 or 2 cents....I'll work on it? Low was 39.28. You can take it out of my upvote money "if" I get this thing back up to where you longed it. Is that fair to you, Greg? Better say yes...else I'll overshoot by .10. You don't want to panic here, nobody does. :-)
That trade turned fast, I did take up a 10% OTM hedge. Let's see how it turns out.
As I said, I'd be out of the hedge short but I'm not sure if you want to add to the long. I personally don't think you will be able to generate even 10% upside to the actual price you paid for those calls. So I'd be out as price crosses through today's high. It was pretty "obvious" it might turn right on the open as it reached a "minor" overbot signal. Even the gold stocks, which did that yesterday as GDX hit 22.50+ were "mildly" overbot there...but then "lunacy" drove them even higher. So what happens in short order? Yep! The whole thing gets retraced back to where the idiots wanted in. That's the way it always works. I haven't tracked EBAY at all but I figgered right from the getgo it would retrace. Plus this is a 52 wee high? EBAY basically sux, Greg. You byuying this pos on funnymentals or something even crazier than that? :-)
To edit this, I said I don't think you could get even on your trade and generate 10%+...you can if you add to the position. But you will have to make a MUCH shorter term bet. So that's up to you as I'm sure a short term hedge likely generated at least 30%...if you played it the "correct" way.
Well, I DID say that it was not a good idear to panic here. See what happens when everyone panics?:-) I did put Tessie back on her diet at 346 lbs after I gave her a break from losing 80 lbs under my supervision in less than a week last time. This time I'm targeting 280 lbs for Tessie. Please follow my diet programs, Greg. The Oprah diet too! And let Greg Hunter know! Thanks. :-)
https://steemit.com/tsla/@joejustjoe/introducing-the-tessie-diet-lose-80-lbs-of-ugly-fat-in-the-next-month#@carlperna/re-joejustjoe-re-joejustjoe-re-joejustjoe-re-joejustjoe-introducing-the-tessie-diet-lose-80-lbs-of-ugly-fat-in-the-next-month-20170727t170939908z
meep
Where's my upvote? That's really all you do? Just say meep? :-)
meep