All things STOCKS

[Thunder Good-Oil]

.

 

[Thunder Good-Oil]

Not a good day for the defense industry stocks. They must be frightened of Elon and Vivek.

 

[Thunder Good-Oil]

Palantir (PLTR) isn’t getting dragged down with the rest of the defense industry. But they use AI and create efficiencies - not your daddy’s defense company.

 

[Thunder Good-Oil]

I hate being short in the money covered calls. I expect to lose shares at any moment.

 

[Thunder Good-Oil]

I also get triggered on days like today. Up significantly in the first hour of the trading day and have given more than 90% back. It might end up closing as a down day after starting way, way up. A lot of times it’s a complete reversal. Start 0.75% or 1% up and closing 0.75% or 1% down. I should go rake leaves instead of watching.

 

[Jax_Vol]

I also get triggered on days like today. Up significantly in the first hour of the trading day and have given more than 90% back. It might end up closing as a down day after starting way, way up. A lot of times it’s a complete reversal. Start 0.75% or 1% up and closing 0.75% or 1% down. I should go rake leaves instead of watching.

Yes, I had to get away from that style of trading. felt useless at end of the day

 

[Thunder Good-Oil]

Yes, I had to get away from that style of trading. felt useless at end of the day

I’m monitoring rather than trading. My options activity isn’t material. More for ***** and giggles with a slight addition to total returns.

 

[Thunder Good-Oil]

Well, I’m back to only being off 50% of my early gains after giving back more than 90% less than 30 minutes ago. I think most are getting positioned before the holiday and will shut it down for the week pretty soon. Except for the trading bots.