/biz/ - Business & Finance

>>30066670
haha that was actually self-deprecation.
i scalp trade 0-2dte SPY options playing mean reversion at the 5min interval kek

>>20097211
worst case is it collapses to ten and you buy 2000 shares $15.
but then you can immediately sell 20 covered calls to cut your loss.
selling options is the fucking way.

>>19549399
and whoever sold you those options made $600 due to theta.
really makes you think!

it's not that bad

Can someone redpill me on DEAC? Does anyone know how exactly the merger with DraftKings is gonna go down? If I buy shares of DEAC right now, will that somehow translate to shares under another ticker once that deal goes through? I'm kind of a newfag so I don't know how these things work

>>17133164
bad, got chunked about 30% by fucking up my timing on, and running out of day trades and thus being forced to hold aaaaaaaall the way down.
not too bad honestly as i'm dollar cost averaging $1k/mo. was up to $1.2k, got chunked, made 3% on TSLA early morning and am in and grinning on this SNSS ONTX combo come next week.

>>17000356
>>17000384
>they're trading based on share price period
>not the underlying value of the asset weighed against current events
what does this mean?
redpill me on this boomer tactics?

>Don't invest more than you're willing to use

Literally the first rule.

The first fucking rule

>>16930275
i mean that's based tho.
that is quite literally what i want to do.