u/BudgetInvestor

You’re looking at only price, with no view of the business at all? That’s not a very informed opinion. With $5B in annual sales I don’t think it’s likely to go bankrupt

Throughout the day it’s typically more like .05 spread, but even a mediocre short term bounce to $7.50 zone would have the calls up substantially. and $7.50 range would still be a very low valuation.

obviously nobody knows when the bottom is in. but generally once you get 5-6+ consecutive red days on a stock without any news or actual catalyst, every incremental red-day increases the odds of an inevitable bounce, even if the longer term trend is still down. I think we see a decent relief rally here within the next 2-3 weeks max. But expect a minor bounce next week. If WSB jumped in to a slight extent, with the high short interest here, this could easily soar. but not a sexy company, so doubt it’ll catch as much interest as others. but any trader that takes a closer look here should see a decent risk/reward set up

it’s a small position in the portfolio, but I like the set up both from a short term trade perspective + a long term, beaten down valuation / turnaround play.

I’d rather throw a few grand at $FLO on the odds of management achieving a modest turnaround versus chasing $NVDA or similarly valued tech co’s currently trading at valuations that bake-in expectations of insane growth & perfect execution for the next 5-10 years without a hiccup 😂

(NVDA is a great company obviously, but the valuation leaves little margin for error in future results)

Not at all, I own the stock with a cost average in the $7’s and plan to hold shares long term. Just loaded up on some call options after the relentless downtrend for 8 straight days. This is overdue for a bounce short term, even if the longer term trend is down - traders can easily pounce here and make a quick W on the short term reversal. Nothing goes down in a straight line forever. Just sharing DD & encouraging others to research for themselves. I see an opportunity, do you?

personal account 🌞🍻🌴⚽️

https://instagram.com/donaldjamesoliva

travel, food, selfies, soccer/futbol. bit of everything 📸

personal account 🌞🍻🌴⚽️ L4L

https://instagram.com/donaldjamesoliva

travel, food, selfies, soccer/futbol. bit of everything 📸

I think you’re referring to Technical analysis. Lmao. Intraday price trends would be a technical indicator. Non fundamental. Fundamental analysis would be factoring in cash flow, EPS, P/E ratio, and other fundamental valuation metrics that affect the valuation of GOOGL long term. None of that really matters intraday outside of earnings events. Which weren’t at play here. This was dragged down in a broader tech selloff due to the conflict with Iran and I got fucked over by trump tweets and unpredictable geopolitical escalations. So yes - I’m well aware of TA+ fundamental analysis , and never trade on vibes.

Regardless, the market can be a cruel mistress and if you’ve traded long enough (6+ years) you will, inevitably, end up raped like this due to an unpredictable geopolitical event. And no amount of technical analysis or fundamental analysis will save you from buying calls a few days before trump tweets something that escalates tension or creates a war in the Middle East. In those situations, you just get fucked. And exiting quickly is the only thing you can do. I tried to give it one extra day, and that only depleted the value from 0.60 down to .03 with a huge gap down. It happens sometimes. We live and we learn.

It went back down to worthless today. Yesterday was just an anomaly. But I had already locked in the loss so it doesn’t really matter.

Bought it days earlier. Tried to average down around 0.60 cents, it absolutely cratered to worthless. Basically instant gap down with all the Iran news. All tech sold off heavy and relentlessly multiple days in a row + broke support. Then yesterday, even with Google up 2-3%, the price of the contract didn’t even budge because it was so far OTM. It just hovered around 0.03-0.04 cents, essentially worthless, until I finally threw in the towel, caved, and recovered the last $1K (stupid). Then within an hour or so of selling, the value of the contract rocketed by 200-400% immediately after I sold. Which I found odd because Google was up that entire morning and there were zero bids for the contract and no liquidity. Couldn’t even sell. Was just hovering around worthless. But it reversed sharply then went up 2,000% in less than 24 hours. Not exactly something easy to predict and when Google was struggling to hold $280, and rejected back down to 270’s, the last thing I expected was “oh this is for sure gonna soar an additional $20 tomorrow” - the technical set up looked atrocious.

At the end of the day it was too large of a position size, at too short of a time frame, and I got in too early on a downtrend. Buying one day later, I’d have easily been able to hold thru and profit without seeing my position tank 95%.

But as always. Hindsight bias is 20/20. Bad trade all around and should’ve just held the lotto ticket to expiration after it already cratered 95%. Just genuinely didn’t have a chance to sell earlier as the gap down caused it to instantly delete 80% value overnight the previous trading season.

Capitulatory foolish decision, definitely should’ve just let it ride to either expire worthless or get saved by a miracle

Absolutely agree. Foolish decision to sell at that point. Anything below .20 cents range, may as well have just let it ride. Price action yesterday was bizarre though in the AM timeframe. Just no bids and wasn’t reacting at all to Google up on the day

Trust me, i am not pretentious enough to think of myself as a great trader. Just a side hobby. Meant it purely in the sense of worst individual short-term position loss in 7-8 year history occasionally dabbling in options. Painful lesson regardless

Absolutely should have. Saw GOOGL up on the day and the option just didn’t budge at all. Waited until almost noon, thinking the 2-3% up day would have some impact on the price, but No bids. Was just hovering around .03-.04 cents all morning. Seemed inevitable to expire worthless, but the second i sold, it rocketed higher. Hindsight always 20/20

Yeah single most brutal loss of my trading career. The price of this contract was oddly subdued Tuesday morning. Somehow within 30 mins of selling at .04 cents, it just rocketed higher. Not one to call MM manipulation, but it definitely felt a bit artificially suppressed as GOOGL was up on the day. Then after capitulation, bids arrived out of nowhere

Thank you for feedback. Just worried as this is my first super shoe, and would hate to shell out nearly $200 to get a pair that was used as a model in store or sub optimal condition, as a first ever experience with a race shoe

Saw online and ordered, arrived today

https://preview.redd.it/sjz52w347jyf1.jpeg?width=4284&format=pjpg&auto=webp&s=55073e67b6f1980bceeb4a6bae79c00dbc1eb603

Also bought the VaporFly 4 on sale from dicks and wondering if this is normal? Out of the box they had tons of creases in the foam and seem pretty compressed… confused as this normally happens with my shoes after putting miles in. The shoes themself don’t seem worn otherwise, and the tread looks fine, but the foam is super creased on both sides and it’s my first super shoe so no idea if this is to be expected

https://preview.redd.it/g1y43gdy6jyf1.jpeg?width=4284&format=pjpg&auto=webp&s=7dda4c080d7854bb70d640c372e870e02e785859

Is this normal? vaporfly 4 brand new out of box

Just bought these new from Dicks sporting goods online, and seeing a ton of creases and compression in the foam… usually this only happens after shoes have been worn down a bit. But this is my first pair of carbon plated shoes. Wondering if this is normal or if I should return these..? Oddly can’t seem to notice any other wear or tear on the shoes.. bottom tread looks fine.. they just seem oddly pre compressed

… are you gonna hurt these shareholders?

Insane IV, just buy shares. But Godspeed

Well played