/biz/ - Business & Finance

was just wondering when BABA would come back up

I need something to go all in on, and just DCA into BABA might be the move, Jack ma is alive so who cares right?

>>29139412
#1

>>26496471
Here's some strats to look into. Considering doing debit spreads. Been seeing people make some consistent returns with them.

>>26240830
I don't know much about options but if you're interested these are apparently the difficulty levels

how do i find WFH job?

i know the faggot who makes those work from home threads browses in here. bragging about how he makes regular wages working 3/hr weeks. lucky man.

I have a lot of experience and transferable skills, but not many things that i can carry over into WFH besides sales or call center rep faggotry

how do i be the guy who chats with people in the little chat bubble? i like those guys

>>25986251
If you're starting out with options, one of the "safest" strategies you can go with are buying LEAPS. Basically options that expire 1+ years out with a delta of 80-90. You want a delta that high with LEAPS because you are basically buying 100 shares of stock, but with leverage. After this post, I'll also link you an example of the type of leverage options can give you. Options are not like stocks, they mostly go to 0, but if you manage your risk, you can profit big time.
>Implied volatility: all I know is that it means what it says - the likely hood of a stock fluctuating in price by larger amounts. How it affects it I don't know.
Implied volatility affects both vega and delta. By having a very high IV, the delta will be absurdly high and as a result the option premium will be expensive. I'll use MARA 2023 calls as an example: A MARA 2023 40c has a delta of 90 partially because of the high IV on the option. The call is $16 OTM and yet has a delta of 90. Look at options for SPY as an example. You will not find an OTM call with a delta of 90 like on MARA. Read, read, and read some more. Options are complicated and you don't really understand how much money you can make/lose till you experience them first hand

>>25986251
If you're starting out with options, one of the "safest" strategies you can go with are buying LEAPS. Basically options that expire 1+ years out with a delta of 80-90. You want a delta that high with LEAPS because you are basically buying 100 shares of stock, but with leverage. After this post, I'll also link you an example of the type of leverage options can give you. Options are not like stocks, they mostly go to 0, but if you manage your risk, you can profit big time.
>Implied volatility: all I know is that it means what it says - the likely hood of a stock fluctuating in price by larger amounts. How it affects it I don't know.
Implied volatility affects both vega and delta. By having a very high IV, the delta will be absurdly high and as a result the option premium will be expensive. I'll use MARA 2023 calls as an example: A MARA 2023 40c has a delta of 90 partially because of the high IV on the option. The call is $16 OTM and yet has a delta of 90. Look at options for SPY as an example. You will not find an OTM call with a delta of 90 like on MARA. Read, read, and read some more. Options are complicated and you don't really understand how much money you can make/lose till you experience them first hand.

I have around 5k In the bank and one thousand in stocks right now. I have good risk management skills, but want to just use all that money in the market, because i recently found online gambling and im starting to actually lose money.
Should i just put it in an ETF? or comfy longer term holds like LMT?
(am poor, starting to wageslave to build capital cause of desperation and boredom)

>>24074596
I think one of them I watched was called projectoption. He's some bald dude and his videos are long. Another one is inthemoney. Some kid that has glasses on. They explain the basics and give some insight into higher level strategies. I watched more than those 2, but those are who I can remember off the top of my head. Wish you luck fren, I'm out for the rest of the night.

Ive figured it out, all you guys hate me because im hoping for a covid 2.0 . I realized how left out in this recent crash. im mostly cash but playing around with chump change cause im bored.
I bought mostly tqqq, just like my friends said cause golden bullrun
Also bought uvxy in case of fear increasing
Is this way of thinking retarded ? or did i just break the system?

>>23941040
There are a variety of different strategies you can look into, but it all depends on how much you're willing to risk. For example on Friday I swung a NIO call and in 8 minutes I made $200 while risking $950 and if I held for 5 minutes more I could have made $350 or a little bit more, can't remember. Options can swing wildly pretty fast. There have been times where I have lost 30% of the options value in 30 minutes, but it recovered by the end of day. You MUST have an entry and exit plan for every trade or you will lose money. Option trading is not for the faint of heart

In my opinion the "safest" option strategy is buying LEAPS with a delta of between 80 or 90. I have held LEAPS through earnings where the price of the stock declined 5% or a little bit more and the price of LEAP was barely affected. One thing you can do to hedge your LEAPS is to buy puts that are 10% ITM about 1 month out.

To answer your question regarding the most profitable option strategy, it is gambling on weeklies. In recent memory if you purchased a put with a $117 strike on FSLY when they previewed their earnings for 0.66 near market close, the next day it was worth over 28.00. Thats a 42x overnight for every 1 contract you owned. Last Friday when NIO spiked to $55, if you felt ballsy and got a 0DTE $45 put for 0.01 or 0.02, if you sold the peak they would have been worth over 3.00 or a 150x over several hours. They are the most profitable, but you can lose 100% of the premium you pay if you're unlucky. Only buy weeklies if you're 100% okay with losing all the money you pay for it

The best way to learn is through experiencing it first hand. I spent 100s of hours looking at lines and paper trading options before I decided to try with real money. There is a lot of confusing terminology out there, so if you don't understand something, read more. Options can either make you insanely rich or insanely poor. Pic related is what one anon wrote for me when I first starting out. Good luck