$INAQ

@everyone $MILE ( formerly $INAQ) hit the target this morning  $MRVL was stopped out on this morning's flush. It still looks good on the higher time frames so I may get back in.  I am not seeing any clean setups on the stocks that I am watching and I am not in the business of forcing trades. So I am going to stand down and wait for the higher probability setups which I am sure will come over the next two days, whether the market breaks lower or recovers. So just sit tight.  See you tomorrow  Chris

Formally known as $INAQ

@everyone (1) This week went by pretty quickly but we got to fire off a few trades. This week we took $INAQ $LAC $OPEN & $MRVL . (2) We got stopped out of $LAC but it is setting up again and I will probably get back in. $OPEN played out nicely and we are waiting for $INAQ and $MRVL to play out. These were less trades than I wanted to take but we will step things up next week See you on Monday :y:

@everyone 1) I got stopped out of the $LAC Calls this morning on that flush. I still like the set up and the thesis so I might be back in it on a re-set. (2) The Profit Target on the $OPEN trade was hit on a clean morning follow through (3) The ticker symbol on $INAQ has now changed to $MILE as a result of the SPAC merger being finalized. The position remains open with the same parameters. (4) I am not going to take any new trades today. There is some selling pressure across the market now that may evolve into a rest/pullback. It would be healthy for the market if that was the case. But it is too early to say. It is also a bit early to be leaning on the short side soI will keep my eyes on the tape and see how tomorrow shapes up. Have a good evening and see you tomorrow 👍

ticker changed to $MILE > @shpwrck said: Whats up with $INAQ,not trading?

Whats up with $INAQ,not trading?

Is $INAQ $MILE now?

yes > @Bayouconway1 said: Did INAQ ticker change to MILE today?

Did INAQ ticker change to MILE today?

$INAQ having a rough opening to the day

sorry BZUN was not INAQ

INAQ adjusted

so @ivtrades-Chris , we are still closing out of $INAQ at $20?

CANCEL THE CURRENT ORDERS ON $BZUN FEB 19 50.00 CALL & DO THE FOLLOWING: RAISE THE STOP FROM 43.05 to 46.70 & RAISE THE PRICE TARGET FROM 50.50 to 52.00 NOTE: We are hitting the initial target but the Option is not repricing as the model suggests it should. So let's give it a little more room to run. Re: $INAQ : we have sort of the same IV situation on this trade as well but they officially announced the SPAC roll up this morning, so let this one play out. More trades setting up.

CANCEL THE CURRENT ORDERS ON $BZUN FEB 19 50.00 CALL & DO THE FOLLOWING: RAISE THE STOP FROM 43.05 to 46.70 & RAISE THE PRICE TARGET FROM 50.50 to 52.00 NOTE: We are hitting the initial target but the Option is not repricing as the model suggests it should. So let's give it a little more room to run. Re: INAQ : we have sort of the same IV situation on this trade as well but they officially announced the SPAC roll up this morning, so let this one play out. More trades setting up.

$INAQ II Announces Stockholder Approval of Business Combination with Metromile

what is our target on $INAQ?

Example buy $INAQ 20C target $22,15 thats mean 22.15 is the price that we need the stock reach.

in $INAQ @ 2.5

we need a gapping up tomorrow....the spread bid ask saying possible jump > @ivtrades-Chris said: very early for $INAQ...will see how it plays out

very early for $INAQ...will see how it plays out

but $INAQ took good at 2.46

$INAQ real low float stock

$INAQ on move\

in $INAQ @ 2.29

@everyone BUY TO OPEN $INAQ MAR 19th 20.00 CALL @2.55 [email protected] 16.30 on the underlying stock  EXIT @ 20.00 on the underlying stock  NOTE: Price action and volume are suggesting more upside is possible here. Just a simple momentum SPAC play. Not UOA related 

BUY TO OPEN $INAQ MAR 19th 20.00 CALL @2.55 [email protected] 16.30 on the underlying stock  EXIT @ 20.00 on the underlying stock  NOTE: Price action and volume are suggesting more upside is possible here. Just a simple momentum SPAC play. Not UOA related