daytrading may 31 morning, page-55

endless re PNXO

yeh patience alright. one guy has been waiting on ISNOB at 0.1c from Jan! LOL

these near term expiry options are all about price & position size to manage risk exposure for me.

My buy in price on these is usually just 0.1c, therefore I cant understand why someone would be buying PNXO today at 1c. risk reward is extremely unfavorable at this price, especially with the worst month Jun still to come, which could put more selling pressure on the price of FPOs

my position size on these is usually $2k, ie a strictly punt sized parcel. Learned a big lesson on NDLO, lost $30k on that one!

too often you see price of head stocks being manipulated to force the options price down to 0.1c, then bang came a big ann just a couple of weeks before the option expiry date.

if luck swings your way, it is a multibagger at least to a 10 bagger

anyone remembers CAPO? that was a 300 baggers if I remember correctly

DTMO last year was a 10 bagger.

check upcoming ann, check option register, check how many options management holds usually gives safer indication

still hunting for my first 10 bagger near term expiry option punt this year

missed PNXO

$5k on GOAOA & AKKOB looks like gone. not a good start. :(