amfunk

amfunk Updated 

Good growth for the long term in earnings, but negative EPS which sucks for the short term. Still bullish on the multi-year horizon, but c'mon, who doesn't love some short-term options. TLDR; BTFD RSI on the higher time frames has never been more oversold. 3HR & 4HR say the dip is gonna keep dipping, with no signs of reversal yet. I'm really hoping it keeps above...

amfunk

Last time on a Biden clean energy play... I drew with my crayons. Hit my trendline target after having IV contract and volume die down. The only problem from here would be if ICLN continued to sell off. I kinda wanna save my money for other leaps, but clean energy at this discount is hard to pass up. Most of the high options volume I saw have been offloaded, but...

amfunk Updated 

Won't get too much into the crypto side, but with Tesla & Apple adopting BTC as forms of payment, obviously very bullish. No doubt Cathie and her team are ahead of the speculative game. Disruptive banking and e-commerce, this is it. Extremely happy that ARKF recently had weeklies and leaps added to the options chain. I'll be looking to drop a grand in soon and...

amfunk Updated 

Probably not, but my guess is just as good as yours. The previous peaks become the new bottoms. Resistance becomes supports. CCIV has a bottom of $27, but I was busy sleeping in. I sold my 22.5/25c 2/19 spread for 300% profit so I ain't tripping. BUT me thinks the dip isn't done dipping. On the higher time frames, the MACD crossover just started. Same with TTM...

amfunk

wtf is this bitch doin, why didn't I buy more leaps. Every week is a week I have to roll out the calls I sold lmao. PMCC is rough but so lucrative. Bounced the fuck off the 20 day sma. positions: 10c 1/21/2022 @ $269

amfunk Updated 

Bought a 15c 1/21/2022 on 1/15, literally the day before it yeeted. Enjoyed buying calls the same time PLTR got yeeted and enjoyed selling far ootm calls on Wednesday or Thursday to hedge. Not gonna go too deep with the DD, undervalued, previously flip phone hardware company going turned software with their tech in most EVs. You can see the spikes in volume...

amfunk Updated 

SPCE is on the basis of the Bolinger Bands on the 4hr. Potentially hitting support of a trendline on the 2hr. Possibility of going towards the lower band on the 1hr. BTFD? Not sure yet. SPCE was in the range of $20-$25 at the start of January. Trying to buy in around $44-$46

amfunk

Went tits up, but before that, I made a pretty penny on my March calls, some 1/29 calls, and some 45c & 50c I sold to hedge. Wish I had bought a leap and calls, but you can't buy them all. Short term I am bearish, PLTR might go under $30 like to $27 or $28. Earnings might get eclipsed by all this meme stuff, but it looks like the movement is losing steam. Last...

amfunk Updated 

Following the price action on such heavily manipulated stocks usually don't work too well, this is daytrader territory. But sometimes a pretty picture can be drawn with crayons. These two shorted meme stocks move together and will either break below the lower support like in my PLTR analysis, or get yeeted to the moon.

amfunk Updated 

Following the price action on such heavily manipulated stocks usually don't work too well, this is daytrader territory. But sometimes a pretty picture can be drawn with crayons. These two shorted meme stocks move together and will either break below the lower support like in my PLTR analysis, or get yeeted to the moon.

amfunk Updated 

Once in a while, you may also be able to use unusual options activity along with volume. I saw that ICLN had 10k OI on strikes above $30c. It's possible to say that some big money is pumping ICLN with the delta hedge (along with other clean energy stocks with their stupid price targets). At the same time, ICLN started making its rounds at other finance subs like...

amfunk Updated 

Right now the market is fueled off hype and momentum. It's clear now volume and demand will drive up any stock regardless of the fundamentals. This is especially true for clean energy and EV stocks. People just hear clean and green and think that shit is the future. It sorta is but not all companies are successful, they need revenue. The stock market is probably...

amfunk

If you don't know Cathie Woods and her ETFs by now, what rock have you been sleeping under when all these rocks are getting unturned. ARKG recently made the biggest moves as the genomics sector might yield higher returns according to Cathie. There is a lot of overlap between each fund, so I'm unsure if you can compare each fund side by side and say "ARKG will be...

amfunk Updated 

CRSR earnings are 2/10. People have been gaming and buying PCs. Did you see the Gamestop holiday sales alone? All the crayons look pretty. 40c or 45c 2/19. I had the chance to buy CRSR at IPO for $15 but was a broke bitch ): Missed the same huge spike on Unity($U) back around $90. All the stars aligned in all the time frames and I still didn't take the naked call...

amfunk Updated 

Now that President Joe Biden has been Inaugurated, a lot of volatility should die down. Historically, the market loves a good bull run after elections because now there is stability. SPY is the most liquid, the most traded ETF on the market, and the only stock that has triple weekly options that I know of. Potentially, you will be able to return 20-30% every...

amfunk

APHA had a spike in volume from a ton of events and shit. Super bullish long term especially with all the weed stuff going on and the TLRY merger. My PMCC on APHA is doing well, even though I had to roll out a weekly cc to 1/29. The first week I started selling calls I didn't see it was earnings week lmfao, then I thought maybe it'll sell off after earnings, but...

amfunk Updated 

Put your monitor vertically and the stars will align better. PLTR has a really nice bottom around 12/31 and 1/4. MACD shows the cross over and inflection well, while TTM squeeze captures the bottom better. On the daily time frame, MACD looking to crossover. On the 2hr time frame, PLTR is looking at a channel that is relatively within the Bollinger Bands. Shorter...