Author Archives: johnonstocks

About johnonstocks

I've been trading stocks since 2003, active on Motley Fool's discussion boards and using first Hidden Gems, then Global Gains. I no longer have the newsletters, but I keep up on the WSJ and read David Rosenberg everyday at gluskinsheff.com. Education: CFA level 2 candidate MBA-focus in Finance, Marshall, University of Southern California - expected Dec 2010. BS Mechanical Engineering, UC San Diego, June 2002

Unloading at Big Bear

Last week was significant in my portfolio allocation, as I used the downturn in the major US indices to unload a number of my nearest date lowest strike puts – selling all of my IWM Jan 2022 puts with strikes … Continue reading

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Strategy adjustment from conditions at market open

Yesterday I mentioned jumping in on the gamma squeeze play on PLTR, but I ended up passing on that. Last night, the NASDAQ futures went down significantly. PLTR is an IT company that is part of the big ARKK ETF, … Continue reading

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Considering strategies as my over-bearish portfolio struggles

My portfolio went down 8.5% last week. I suppose it could’ve been worse. My heaviest position, long calls in TLT, has been getting hammered as interest rates on the long end continue to rise. Meanwhile, my second largest position in … Continue reading

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TLRY, FSR, and the band plays on

The great gamma squeeze plays continue. Stocks like AMC and GME are still restricted … I saw a decent number of short dated call options contracts flooding AMC last week, so I tried to get in on the action. I … Continue reading

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SLV aftermath and preparing for risk-off

This week was unusually volatile for the precious metals space. In retrospect it seemed an obvious market trap for the Reddit investors as all the sites and stations were pumping the big SLV squeeze. I hit the market first thing … Continue reading

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SLV dud

I’ve been nervous about the market lately, so I thought I could take advantage of the attempted gamma squeeze in SLV to get out of all of my precious metals positions, go to SLV for a day or two, then … Continue reading

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SLV Setup and the AMC Aftermath

How it works, and a potential next move: Everyone’s heard of the crazy stock moves in GME, AMC, and other names by now, but most people have no idea how that works. I’m going to illustrate that with what looks … Continue reading

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AMC: Short Queeze + Gamma Squeeze

Gamestop was the previous gamma squeeze + short squeeze target and it shot up all the way from $4 in August to $98.15 today. Now it looks like the target is AMC. Notice the extremely high volume as it gapped … Continue reading

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GME, Short Squeezes, and Volatile Markets

Here’s the crazy chart of the week: Gamestop is a brick-and-mortar store that sells new and used video games and console gaming systems. The stock has been trending down since 2013, hitting a low around $3.32/share in August 2019 – … Continue reading

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Risk-off event this quarter?

This has certainly been the craziest year of my lifetime. The lockdowns, protests, endlessly spiking unemployment and huge numbers of small-buisiness bankruptcies coincide with US stock markets that march endlessly higher as any bearish momentum gets crushed. Narratives have been … Continue reading

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