If you're not beating on everything (rev, EPS, guidance, margins, etc) the market will chew you up!
Amazon shareholders! What did you think of the report?
#yourdailytrade 11 💎💎 SPY same day expiration 268/276.5 Iron condor for .06 premium(.50 spread) at .13 delta for a return of 13.6%
First pic on the right is the visual representation of an iron condor. Profit is retained if SPY closes between 268 and 276.5 which is shown to be 78.6%. In reality it’s more like 87% if you average both of the legs delta🔺. 💡💡💡💡💡💡💡💡The second pic is a 5m 5day daily chart📊 for this week. The purple line on the top is 276.5 and the blue line on the bottom is 268. Since Monday SPY has not closed crossing these two lines, only once briefly on Thursday Am did It cross the 268 line. Bc of this fact I chose these to be the two short legs.💎 if you notice there’s less room to the positive(1.3%) than downward (1.8%) I chose this because the recent trend of spy is bearish, and yesterday it rose 1% making it less likely today to go up a sizable amount again. ⭐️ another factor is that the past two days have resulted in sizable moves on SPY which spiked volatility increasing premiums to allow for a Iron condor so far OTM to be done, it also means that a third large % move is unlikely and is why I moved on this trade. 💡💡💡On the third pic you see the 5m chart 📊for today, the blue boxes show the room we had for this trade. I had this one dead center and I’m very happy with my accuracy on predicting the movement on SPY today. It’s abnormal to have this large of a buffer zone- thus it’s a testament to the quality of the fundamentals, setup preparation theories and strike selections of this trade. 💰💰💰 money tip:
throughout my trading career on Iron condors I find that I attain the best spread by doing each leg separately, doing the higher premium leg first. Also premium on this dropped from .08 to .06 from 12:55 to 12:59. I was aiming for .09 but in the end had to settle for .06. It’s best to take a 1c less at the first opportunity than give up 3c four minutes later. Premiums drop rapidly in the last 5-10 minutes on a trading day when looking at next day expiration contracts.
So far I’m 6/6 on my SPY intraday trades since I started last Friday, I enjoy trading SPY and will be continuing to do so. #willioption or #williwont
Facebook #FB is maxed. Apple #AAPL has saturated the market and is now moving into services. Behemoth Walmart #WMT is getting tunned ⤴️ Wheres the growth when the internet market places plateau? #BrickandMortar in third world countries
#SHLDQ & #AMZN .
How do I know this?
because people close to me resist the internet at every turn. .
one person I know believes that a cell phone is how you get "setup"... wth ... paranoid much.... smh and this is 20 miles south of the perimeter of Atlanta. .
And no this isn't a "southern" or "redneck" thing
#jeffbezos agli azionisti #amzn, uno stralcio sull'importanza della narrazione e della totale inutilità di una luccicante presentazione in slide.
"We do not do PowerPoint (or any other slide-oriented) presentations at Amazon. Instead, we write narratively structured six-page memos. We are readily available at the beginning of each meeting. Some have the clarity of angels singing. We are brilliant and thoughtful and set up the meeting for high-quality discussion. Sometimes they come in at the other end of the spectrum. [...]
Here's what we've figured out. They can not be written in one or two days or even a few hours, when really it might take a week or more! They're trying to perfect at just two weeks, and we're not coaching them right. The great memos are written and re-written, shared with colleagues who are asked to improve the work, set aside for a couple of days, and then edited again with a fresh mind. They simply can not be done in a day or two. The key point here is that you can improve through the simple act of teaching scope."
Amazon puts have been successful on a 1-3 day basis. In this market volatility I am unwilling to take on risk that lasts any longer from an option perspective!! However, I have found contingent orders to be quite fun for day trading!!!
#yourdailytrade 10. Selling SPY intra day puts. I did a staggered order(meaning orders were split up) both entry’s are in blue.
SPY’s range didn’t increase much from 8:30-10am. But premiums were still high due to earlier volatility- this presenting an opportunity.
Also SPY already had a large range on the day so a further 2-2.5 move in the afternoon trading session posed as unlikely.
At 11:01 you can see SPY spiked up and rebounded, essentially showing that I hit it at the bottom.
Both these trades were for .06 at .16 delta giving me a profit of 13.4% at expiration today at 1.
I have grown found of intraday SPY trading and will be continuing to implement it moving forward. #willioption or #williwont
She's a beast when she goes 😲
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Amazon picks New York City and Virginia for $5 billion new headquarters.
The world’s largest online retailer plans to spend $5 billion on the two new developments and expects to get more than $2 billion in tax credits and incentives, with plans to apply for more.
My life. My passion. Im still learning alot being a small-mid cap stock trader. Today was another special day in my life because i was introduced to the startup community. I met a special group of people that are like-minded to me and they have 100% influenced me to pursue my dream of an entrepreneurial career. I’ve had my mind set on an idea to bring a social-media marketplace that allows individuals trying to gain traction in their own startups. I want to help the world find their creativity again and that happens with artists, photographers, designers, anybody with a creative mind. I love helping people and i love doing what makes me happy. I can’t wait for what the future holds for me: Also If yall can do me a favor and check out @union_worx & @centerspace.co !! They are an some of the amazing group of people i met today who are starting a business of their own!! HELP BRING THEM AWARENESS!!
4 1824:35 PM Jul 26, 2018
Recognize that we live in the 1% of the world where food, water, and entertainment is practically limitless. Recognize the opportunities we have compared to the rest of the world. This might be a pre-thanksgiving post but Be thankful of the life you have as of right now! Be the best you can, step out of your comfort zone, and go after what you love no matter how “unrealistic” it may seem. Stop dreaming and start doing!