/biz/ - Business & Finance

>Shorting the stock market
"The Big Short style"

Where's that weenie from earlier who said today was just another caterpillar day? $7 EOW.

Who /scalpingpennies/ here?

>>15720331
you CANNOT tell me that looks more like a butterfly wing than a caterpillar
That's a caterpillar pattern on the chart in my eyes.

https://www.youtube.com/watch?v=el_lPd2oFV4

Guys we have to talk. For real this time.

From now on you will call me Splorg.

>>15720354
Where do you trade penny stocks at? What site?

thanks thedudeweed420 afterhour extravaganza

Can /smg/ tell me about the ups and downs of owning COSTCO stock was thinking of buying a few shares

Thanks in advanced for your help and being the last bastion of financial knowledge In this shitcoin slathered board

>>15720377
Have you considered that you might just be blind?

>>15720377

>>15720377
>You must wait 3 minutes and 35 seconds before posting a duplicate reply.

>>15720525
How do I parley my middle school trigonometry skills into TA gains?

>>15720525
>>15720505
>memelines

>All Women are whores
Thanks for the reminder, Rupert Murdoch!
>Demi Moore says she cheated on first husband Freddy Moore the night before their wedding

I may have lost thousands in the stock market, but at least I’ve never gotten pussy as a result!

In other News: Chupacabra capital bullpilling the Internet with a WEDNESDAY NIGHT UPDATE!
Must be real important for him to interrupt our regularly scheduled programming!

All i see are a bunch of coward pussies in here. Post your kong dong big dick chad plays from this week...

You're never going to make it without understanding options.

>>15720589
You’ll blow up kid

>>15720589
Can I pay you to trail your plays?

>>15720606
You’re not a member of Leon’s patreon yet! HRT working real well for him.

>>15720589
>You're never going to make it without understanding options.

Does anyone? I just view them as essentially legal gambling.

Even when I'm down, I'm never out. Make your losers spreads, use the credit to yolo the momo.

>>15720606
Classic shotcaller samefagging

I CAN'T GO BACK TO BROKERING FREIGHT TOMORROW

>>15720589
That's cool, but let's see that all time chart kiddo.

>>15720633
Based. I wonder why that memer spammed us so much. And why he stopped.

>>15720544
It's good to know the basics, but the key to success in technical analysis is to find your own edge. You can't just apply patterns by rote. You need to be able to think critically for yourself, and a lot of times you have to zig when others zag.

>>15720494
I am really fond of Costco. I do the majority of my grocery and household products shopping at Costco. I have an executive membership. Yet despite that, I own zero shares of their stock. I don't have any deep insight into the stock other than a couple points. First, that it's trading at a relatively high price to earnings multiple. Peter Lynch said in One Up on Wall Steeet that 15x P/E is the perfect ratio, and that stocks trading above that line are certain to fall back to 15. Second, it just doesn't seem like a company with such high prospects for appreciation in its stock price compared to, say, Tailored Brands. That's not based on any serious analysis on my part. Now, if you are interested in a contrary (and probably more valuable) opinion, I would go straight to the source and pick up a copy of One Up on Wall Street. As I recall, Peter Lynch does treat Costco/Price Club in brief, and has some VERY positive things to say about the stock.

>>15720496
My eyesight is perfect. If there is anything wrong with me, it's the part behind my eyes....

>>15720633
You can do it, I believe in you !

>>15720603
Been at this for longer than you've had pubes. I've made it and blown up plenty. RH is my day to day play money. I start with 250, take it to 5k cash out or blow up, rinse repeat every 3 months. Load the profits into my IRA, vanguard ETFs, blue chips, and property.

Yes, kid, you will blow up an account or three over the course of years. Big deal, dust yourself off and learn from it. If younarent retarded you will eventually become consistent.

>>15720657
Which memer? I'm unironically a freight broker this shit fucking sucks.

>>15720442
>sneak n' peak searches

well that sounds totally fine and dandy

>>15720626
Be careful.

>OSTK

>>15720665
You are 100% a 19 year old larping
No one who has been around for that long would post the sorts of things you do
You can larp all you want, it's fine, but remember that the stock market acts as a sort of sieve. Only a certain type of person makes it, engaged, for a long time. If you do survive a few cycles, you won't be posting the kinds of things you're posting in these threads now.

>>15720668
what's so bad?

COST is great. Love my costco. Dont own the stock, unfortunately, but that's just because I take a general disinterest in retail. Deffo a little too rich for my blood atm. More interested in low PE blue chips that have underperformed the last 10 years, but look ready to swing dick in the china shop even if a recession/crash hits. INTC is golden and ripe for a takeoff ala MSFT 2015

Step one is breaking thru 60 for new ATH this october...

>>15720729
>talk to subhumans all day
>coworkers are subhuman
>not paid well enough for all the bullshit i have to do

What do you guys think about buying some bitcorn down here?

>>15720751
No thanks

>>15720708
Am I? Maybe I'm just a long time trader larping as a 19yo options larper? You post like a redditor, and from your tone, no larp....fuck off.

>>15720694
Fair enough. Maybe I should cash out tomorrow and take the day off Friday.

If you guys had to put all your eggs in one basket which stock would you pick

>>15720665
>just throw money at it till you git gud

Pass

>“Our region is on the edge of collapse, as a single blunder can fuel a big fire,”
-Rouhani

How much LMT should I own?

>>15720801
If I had to pick just one of my babies, it would be this one.

>>15720801
KNG
You could do a similar thing with PBP/QYLD/QQQX + SPY/QQQ blends and rebalancing, but it wouldn't be the same because
1. The underlying div is lower, so you have to write more aggressively to hit the same yield
2. The rebalancing would be a hassle
3. You said I have to fill my basket with only one type of Egg

I have roku $90, $85, and $80 puts. I am dead.

>>15720947
Why KNG over NOBL?

>>15720491
wtf was that? I'm suddenly feeling a lot better about this week

https://www.cnbc.com/2019/09/26/nintendos-mario-kart-tour-faces-sky-high-analyst-expectations.html

>>15720947
How would you blend and balance QYLD and PBP?

>>15721031
safe banking act passed congress today with strong republican bipartisan support. 47% of republican congressmen voted in favor. I'm hoping to get at least a day or two of bullish action out of this before the doooooommmm returns.

>>15721031
Seifuku.
>>15721051
I need to recover about 30% to break even. With my luck, CGC will declare bankruptcy tomorrow.

Maybe buy a call at open though?

>>15720491
>crabbed all day then up 2% AH on this

That's what I like to see

>>15721031
theganja420lover69 made it happen through the mind

>>15721007
KNG increases the yield that you get from NOBL while sacrificing about 20% of the growth prospect because of the options writing.
I don't actually hold 100% KNG, but if I had to chose something to be a one-instrument portfolio it's an easy choice. Not even close.

>>15721036
You could match 30% QYLD with 70% QQQ;; or 25% PBP with 75% SPY

Rebalance yearly only if you go 5% off target, otherwise just keep re-investing divs to hit the targets (the buy-write ETF will be more stable, so you use its yield to buy more of the equity index when the equity index is down, and buy more of the buy-write when the index is up, comparatively)

If you really want to be active, you can make a blend of underlying securities with an auxiliary buy-write yield strategy yourself. You can get as creative as you want with the writes. I tend to be more passive now that I'm older. I mostly just buy nice things and hold them. I had more energy to get creative with investments when I was younger, and had less money to throw around. haha ;)

>>15721139
Eh... I’m trying to stick with Schwab no fee ETFs, which means kng, qqq, and spy are out.

PBP, QYLD, HSPX are in, as are a number of interesting funds like SPLV.

Oh, SPYX is in there, which is spy without fossil fuels. KNGLX, the KNG mutual fund is also in there, but it looos like it’s got double the fees of KNG.

SO... now that Altria has their guy in Juul, and it’s time to regulate the shit out of them... seems like a year from now they’ll be controlling the whole industry.

I’m actually less angry with Cramer. Now I want them to absolutely destroy the share price of MO. I want MO at 30 so I can buy the fuck out of it. Only problem is chase for yield with bond yields so low probably won’t allow it.

Thinking about legit actively getting into the Market if the global economy shits itself and dies like all these doomsayer's predict and buying Bluechips while their crippled then trying to hold them till the Market recover's

I've been coming to SMG for years and I always have fun with meme stocks even buying a single share I just really want to shill my one stock. Please buy $T even if you just buy a single share. It has been gaining a bit lately and I believe it is still a decent value and it also pays a very nice dividend. I think everyone should at least own one share of $T so that they have a reason to check in on the company. I know how it is to keep many stocks in a watchlist but owning even a single share makes a difference. Check out $T

>>15721388
Ive got ~1/5 of my savings on standby for a repeat of last years' Dec 24, so i can scoop up all those cheapies

>>15721388
Yep, save up dry powder until the liquidity crisis washes out... you will be a happy man.

>>15721269
Yeah an expense ratio of 1.2% isn't something I'd be interested in.

Generating cash flow with things that aren't bonds is the name of the game right now. QYLD or HSPX is fine if that's what you have access to. They add a bit of stability to an account. Total long term return of a SPY+HSPX should follow something like SPLV more than SPY because of the constant payouts.
Differences come down to expenses and taxes.

>>15721351
SHIT IM SO SLOW ITS GOING TO RALLY WITH DUDE WEED ISNT IT AAAAAAHHHHHHHHH
>>15721580
Thanks. By “should follow” you mean be roughly similar to? Or follow like be behind?

>>15721707
Similar performance
Also, and this is a PSA to everyone in these threads, please don't be so concerned with Altria short term price movement. As long as they maintain the dividend and pay down their debt, it's all good. Even if they cut the div a little bit or have some short term financing issues, it's still an OK buy. Turbulence is priced in.
Dont fuss too much over headline news stuff.

I was looking for something to fap and accidentally came across a stock that made profit

>>15721755
Thanks again!
I mostly agree and think that they are positioned well once vape regulation kicks in. But it hurt since I started my position above 50 and sold most at 42. I’ve made bigger mistakes though.

Curious to see how McConnell handles cannabis, since it’s both a competitor and a hedge/spec for tobacco companies.

>>15720306
>bought FB calls before close

>>15721707
>SHIT IM SO SLOW ITS GOING TO RALLY WITH DUDE WEED ISNT IT AAAAAAHHHHHHHHH
Maybe? Altria does have the CRON investment. And on technicals it looks okay for some upward movement in the short term due to the test of support earlier this morning and climb back up in to end of day, still sub 30 RSI on daily and weekly. These are five year lows here so I wouldn't be too greedy about extreme cheapies at this point. These are already pretty cheap shares for a company with Altria's financials and history, drop has been mostly on speculation of declining revenue + controversy headwind.

>>15721822
>McConnell
Bank lobby will have an aggressive go at him I'm sure. Besides which, SAFE act has received the strongest bipartisan support of any cannabis related legislation to date*. Chance of passing the senate is up in the air but Mitch needs to suck it up and let the senate do its job.

*The 2018 Farm Bill, which included federal legalization of industrial hemp, was shot down on first attempt at house vote. On second attempt after amendments, it barely squeaked through with a vote of yeas:213 nays:211. The democrats were on the opposing side of this bill. After this hurdle it passed with wide majority in senate.

i'm a dumb euro new to stocks and I have a question for you guys. Do I need to pay taxes at some time of the year to my country for whatever money I make trading ? I guess it must work the same in the US.

WHERE ARE MY CHEAPIES!!!!!!!!!!!!!!!!!!!!!!!

Yes come to me OSTK call profits, let all these shorts cover to report their paper gains at month end to their firm, solidly caught the bottom, now pump it!

>日米の新たな貿易協定は安倍総理とトランプ大統領が25日、ニューヨークで共同声明に署名し最終合意しました。農産品の関税はTPPの水準まで引き下げ、自動車の関税撤廃は事実上、先送りされるなど日本が大幅に譲歩した形です。日本車への追加関税の回避はなんとか確保できたものの、協定全体を見ればアメリカに押し込まれた形で、日米双方が「ウィンウィン」と言うには厳しい内容となりました。
Eh

>>15722016
Do a search on your country plus capital gains tax. Usually this is paid at the same time as your annual income tax.

>>15722112
It doesn't say anything about the Gundam and space battleship articles of the agreement
That part of the agreement is still secret. The agricultural tariff stuff is just a cover so that Trump and Abe can meet and talk about their mecha anime fantasies .

>trade optimism fades

What are your favorite ETFs for a new investor?

>>15722448
2800.HK

GHSI chads ready you make more money

>>15722343
Resume pink wojak postan?
Futures look acceptable

Straight from the top of my news feed...
Honk honk

>>15722724
watch out military guy with assault rifle the incels are coming for u

>>15722448
eurostoxx 600, emeeging markets ftse, vnq and sp500

>>15720306
How do I make money off this girl? I'm looking into clean energy ETFs right now,given the circumstances. What do you guys think?

>>15722706
Trade optimism is back

>>15722887
Saturn & Pluto to 3500!!

>>15722727
Kek

Seeing a lot of green premarket...

(Why didn’t i DCA down! Fuck! We’re a long time away from $40)

>>15722609
Why is it's PE so damn low?

Are divvy stocks memes for foreign investors? 30% withholding fee for any dividends on US stocks as a foreigner, which means they barely (if at all) beat inflation. My compound interest is compounding at the same rate as fucking milk and bread

>>15720801
LCI

>>15722727
What about the military incels?

this is interesting
https://www.marketwatch.com/story/metals-billionaire-andrew-forrest-is-making-a-300-million-bet-on-the-next-big-commodity-plastic-2019-09-25?mod=mw_theo_homepage

anyone who bought sep 27 bynd calls will become a rich man today, congrats whoever gambled on this one

>>15723437
hol fuk, what just happened there? I'm glad I bought out of my short calls yesterday, waiting for the price to go up before reentry

>>15723437
>>15723447
McDonalds rolling out a trial of beyond burgers.

As a holder of MCD, I’m disgusted.

Hey frens, please r8 my analysis.

IDK if there are any ASX chads here?

Based RAD

>>15723513
Lacks strength and weakness evaluation and key financial metrics compared against competition. For more structured look I would suggest also adding the name under the ticker and in the table where's the description you need to supply what the company is actually doing like 'Global wine company that manufactures and distributes various brands and so on..' But overall looks good.

>>15723513
>>15723640
also forgot
>ASX chads here
>ASX
>chads
pick one

>>15723645
I take this one
>ASX chads here

Oh there are actually live stream of Carrie Lam's meeting with public
>>15723114
>Why is it's PE so damn low?
Because it track Hong Kong's HSI Index and you know what's happening there now?
>Are divvy stocks memes for foreign investors? 30% withholding fee for any dividends on US stocks as a foreigner, which means they barely (if at all) beat inflation. My compound interest is compounding at the same rate as fucking milk and bread
I think so.

>>15723513
>>15723640
and a bit about the industry would be also nice, something like a short industry/sector SWOT analysis

>>15723660
Appreciate the feedback mate. I had SWOT in there before but i never bothered to fill it out so i canned it. Talking about industry would be good though, dumbass me is down 10% on coal stocks.

>>15722775
Marry her and hope her parents die.

LCI to 10

>>15723710
probably. thanks to the lci fag that talked me into buying it yesterday at 11

"It is difficult to understand why trust have been lost"
Carrie Lam sound like a Qing emperor in year 1900 refuse to face the reality

>>15723672
ouch, why you even in coal?
>>15723710
if you so sure than LCI 11 puts cheap vato

>>15723778
*then

A pro-government participant in the public talk ask the government to reform news industry, especially the public broadcaster should be turned into a propaganda organization

>>15722775
HASI is a pretty cool play on the green fad. I sold at 24 and i keep telling myself ill buy in when it drops but it just keeps going.

>>15723778
when i got started i just wanted to have some skin in the game so i put 1K into whatever fit these 2 filters:
>in ASX300
>decent div growth over last few years
>undervalued by DDM
Not too sour about it overall as other ones are up 20% however it is not a mistake i plan to repeat hence the analysis piloting

>>15722979
>40
Oof. Dudeweed is a cruel mistress

>>15720740
I'm sure Intel is going to shock the world by re-releasing 14nm++++++++

>>15722775
>>15723797
HASI looks good, well SIEMENS AG is a good stock, thinking about buying in. Too shame that most of the good european corps in the field are private

>>15723732
yeah exactly
all year long, she's clueless and incompetent

>>15723437
lol
BYND back up to $200?
I really thought McDonalds would try to go in-house for fake meat

Apparently, Hong Kong government and Communist party are trying to reposition the problem as a problem of housing and future prospect of young people, and hope that by resolving these economical and QoL problems they can let them do whatever they want politically.

Which weed stock do I buy?


I have a few ACB, HEXO and CRON scares me

>>15723906
>Gay id

>>15723728
Just hodl fren. It's going back up.

I am still holding shit hmny bought at 0.06 hope the moviepass stuff rise up

They hired quite a few people to come and say things like "I am neutral but I am against protestors"

Feds are still pumping

>>15723906
>>15723914

Jesus I am taking a pre-market pounding

Does anyone invest in high-ESG funds (Enviro-social-governance rating) and if so, which ones

>>15724163
Would you pls look into $AVMXY?
Is this a winner?

should I buy 10k $TSLA for the big memes?

Depending on where we open today might be a big ol dump day.

>>15723827
the two of the probably most profitable companies are private in Austria - glock and Novomatic

>>15724202
Will Teslas ever be mass produced? They're still very much a status symbol for rich white liberals.

>>15720450
thats rh dude wtf are u even asking
>>15720544
at doesn't work we've shown this time and time again
>>15721388
congrats on figuring out "buy low"
>>15723728
nice fomo

>>15724196
Based on what I can see... it might be a ways down the road, but it has steady slow growth so it's not a bad investment long term

>>15724276
Their production numbers are only increasing and they are edging towards profitability

>>15724276
>"will automobiles ever be mass produced? They're still very much a status symbol for the wealthy, posh landowners and industrialists" - anon circa 1900

>>15724325
WIll that result in vehicles average wagies can afford?
>>15724328
Not really analogous. Model Ts were designed for mass adoption from the start. Ford himself was careful to pay his wagies enough to afford the vehicle they manufactured.

>>15724355
The model 3 is the cheapest they're willing to make

>>15724355
Average wagie?? As of now no. Those who can afford mustang's and entry level Audi's and such yes. Of course it depends on where Gov subsidies go in the future. They start offering tax breaks for electric vehicles could be good for Tesla. They wont anytime soon though.

How does a retail trader 'hedge' his bets?

>>15724397
looks like they're trying to kill it

"Tesla’s $35,000 Model 3 is no longer available to order online

You can still visit a store for it — or call the company"

https://www.theverge.com/2019/4/12/18307269/tesla-autopilot-standard-model-3-price-increase

>>15724355
Speaking of average wagie look into Hyundai kona

Got my ACB averaged down to 4.94

Hoping for a run today

>>15724413
Depends. Are you primarily in stocks? Hedge them in options. You primarily in options? Hedge in bonds. Primarily bonds? Hedge with stocks.

>>15724355
>WIll that result in vehicles average wagies can afford?

Possibly. Individual ownership might not even matter in the long run if you consider developments in self-driving and ride sharing apps. Does tesla have any real competitors in this market in the medium term?

>>15724411
Checked. I wish them well but I'm just not seeing Tesla win the EV race in the long run. Someone who can quickly scale and hit QC benchmarks (I hear getting Tesla parts is a nightmare and they're prone to shit like bad seals and mold) will probably win.

Just bought a bunch more SNSS on this dip

>>15724435
Yes. Literally every other car company manufacturing electric vehicles. They're just not as fashionable at the moment. Tesla as a brand is about the future. That's what catches people. It's not just about driving an electric car, it's about other people knowing that you drive a state of the art, futuristic, electric car. Made by a company and a man who want people in space. It says "I'm progressive and cool, and better than the plebs who drive non futuristic electric cars or environment killers"

MAGATARDS ARE FINISHED AHAHAH WHAT ARE YOU GONNA DO NOW? THIS IS WHAT YOU GET FOR FUCKING UP THE ECONOMY AND NOT ENDING THE TRADE WAR A YEAR AGO

>>15724434
Mostly stocks yeah. So give me an example of a hedge, say I own some tech stocks right now.

>>15724464
>Yes. Literally every other car company manufacturing electric vehicles. They're just not as fashionable at the moment. Tesla as a brand is about the future. That's what catches people. It's not just about driving an electric car, it's about other people knowing that you drive a state of the art, futuristic, electric car. Made by a company and a man who want people in space. It says "I'm progressive and cool, and better than the plebs who drive non futuristic electric cars or environment killers"

Do you think as I do that when EVs are the vehicles of the masses we'll see rich white libs switch to giant gas guzzlers?

Uhhh wtf? Is Schwab glitching out or can people actually make a bid of $0.00 on options?

>>15724498
submit them and see what happens

(hint: nothing will)

whew my oct teva calls may get into the black after all.

>>15724483
Bet your divvies on options and pray one of them works out the way you want. If you're really right, and I mean really really right, or just lucky, then one small options buy could turn into 5000%+ and make up for all of your losses with a nice profit to boot.

>>15724486
Not sure. Depending on how things turn out, gas guzzlers could be banned

>>15724501
Well my positions are moving, but under my gain/loss tab its showing 100% loss cause the options are bid at 0, even when the last trade wasnt.

>>15724464
convinced me so I put 1k on instead for lesser memes

>>15724552
Wait what? No dont fucking buy Tesla stock I was just talking about the cars. Their business model sucks

Aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa what the fuck I was just green why are the markets dumping!?!?!

>>15724566
Drumpf getting impeached

>>15723778
I dont do options, i have yet to finish the booklet

>>15724570
Lol that's dumb tho. Theres nothing impeachable

Where's the GHSI shill? I want his input on when he thinks the correction will finish. It's one of the /smg/ meme stocks I need to add to my collection.

(Hint: almost all of them are down today-again)

>>15724536
Is there volume?

>>15724566
Liquidity issues due to higher demand of $

>>15724587
>1994

I think we will end up green today. China and US agree on new shit (again but it's something), tension seems to ease, nobody gives a shit about the impeachment stuff, etc etc.
They are just scaring people by dumping it on the open

I do zero fundamental analysis and only buy blue chip market leaders I know of in each sector I'm interested in.

How hard will I crash?

>>15724593
Yeah and I even put in a buy order for .05c and it still says 0

>>15724637
But dems are the good guys and drumpf bad, why would the market dump?

>>15724638
there are worse strategies but you should probably think about their futurw some take KO for example they will last forever but fairly limited growth. or what if you bought KHC youd be very justed right now. outlook and valuation should be important

>>15724646
Did you try restarting your computer?

>>15724629
>“ The notion that wevcan dismiss the viewd of all previous thinkers surely leaves no basis for hope that our own work will prove of any value to others.”
- Morris R. Cohen.

Without a proper foundation of knowledge how would you expect to differentiate what is correct and incorrect. Then further build upon and improve that base.

>>15723728
Every quarter after ER, like clockwork.
Maybe this time it’s different, time will tell.

>>15724672
i really wonder how dems are gonna exit this position theyre in really deep and while the headlines and talking points in the news sound horrific the reality is quite boring and hardly worth even a second glance. its really surreal that this is the hill they want to die on

>>15724559
too late i'm locked into the meme stonk RIP

>>15724637
Market cares about impeachment because it leads to more uncertainty with trade
More uncertainty = dumping
The sooner he’s out and the trade war gets abandoned or he gets pressured enough to end it and maybe save himself

>>15724730
Sell covered calls then

>>15724734
>implying the markets wont crash if Trump gets out
Removing him is a one way ticket to depression land. Dems dont care though they have money, Russian and middle eastern connections, AND walls.

>>15724734
what on earth is this delusion? go back

>>15724755
Markets were solid when Obama was in office silly warren or Biden would see some steady gains. Sanders and we all dump
>>15724758
COPE
O
P
E

Here comes the reversal.

Scuse me, GHSI anon, is there a reason why its crashing this morning?

>>15724734
>If you let China fuck you economically you win.
Justin, don't you have some blackface to apply?

>>15724769
>warren would see gains
this is b8

Who here has a trading strategy that actually works? I'm sick of watching options decay or dry up on the smallest of movements.

>>15724784
Correct.
Warren would likely be hard on China as well, but RIP my stonks.

>>15724769
>markets were solid with Obama
Yeah the housing crash (wasnt his fault) the bank bailouts (dumb decision was his fault) and the new regulations really did wonders for the market huh?

>>15724794
the winning strategy was is and will be trade with an edge

>>15724794
buy low sell high

>>15724779
I would also like to know this but I'm holding for $1 territory and the company has good fundamentals so pretty sure this is a stop loss raid or something.

Fucking amzn barfing its gains back up.

>>15724794
Be first, be smarter, or cheat.

>>15724734
>he thinks if trump is out the market will go UP
Jesus fuck where have you been the last 3 years? Please keep giving me money in the market.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHH

UNH
Might be HODLing through the election now
Hopefully the exec doesn’t flip out on earnings again.

>>15724486
>rich white libs switch to giant gas guzzlers?
There are/will be luxury EVs like there are luxury ICE cars. Plus electric helicopters/flying cars. There will always be a bleeding edge that's not affordable at that moment for the masses.

>>15724734
If the trade war gets abandoned, then who the fuck cares about the US market? China would rally 3x or more compared to US markets.
Both Warren and Sanders are HATED by Wallstreet and investors in general. Biden is obviously the safe card for them but my guess is that the market would stay pretty neutral or even negative for a long time with Biden, he hasn't proposed anything except some senile shit that would help the economy. Not to mention the complete dump if Trump gets impeached and the ACTUAL uncertainty for months after the impeachment of Trump.

No matter what you think of Trump, Trump probably made sure we avoided a down turn in the market thanks to him cutting taxes and shit to bolster spendings/loans. Without that we would probably already be in a recession.

Damnit, I want those RAD 8.50 covered calls back, don’t have it in my heart to buy them back though

Why the hell is AMRN plummeting?

My entire portfolio just became a long position

I will never win :(

>>15724858
>electric helicopters
Not sure on that one, weight is important on flying machines,
And I’m pretty sure gas weighs less than batteries.

>>15724829
Getting in AMZN below 1800 is a bargain I’d say.

At what point do you anons generally exit an option in terms of profits?

>>15724894
When they expire worthless.

>>15724869
Did not see rite aid going that way. Lost out on puts like two weeks ago when it surged for no reason besides earnings coming up.

>>15724875

I think I'm gonna buy
I'm worried if I try to wait for $14.60 or lower I won't make it

>>15724794
the trick is to start with a bunch of money ;^)

>>15724894
I generally tend to exit an option at -100% profits (sometimes, > +100%)
that's why I don't mess with options anymore

>>15724887
Same.

GHSI is about to be in freefall. Will set buys for ~55 cents.

>>15724890
It is. I’m trying to get out from 1880 though.

I usually dont short ethical companies but today I shorted 100 shares of enph just to humiliate shot caller

>>15724864
>inb4 Bloomberg
If you believe the polls on Trump then that’s fake news as well(see Hillary election)
The fact is this trump at first was best for the market and carved a definite edge for new highs in the long term, but he got greedy and slimy and now is desperate. People who voted for him hate him, his farmer constituency is tanking and he knows impeachment talks are in process and could lead to his downfall.
A dem in office would be good for investors to cool off from this hell we’ve been in and the trade war being abandoned would bring back the manufacturing numbers along with everything else that was lost when it was first started
I’m arguing on speculation but everyone else here is also you have no real facts other than history so in my OPINION, trump is done unless the trade war ends, he gets impeached and the trade war is abandoned and everyone is happy.

>>15724869
Stopped playing options on rite aid when i realized the ridiculous amount requested as premium for calls and puts for such a cheap stock.

>>15724875
Explain yourself, SNSS is in the green for me today, up 1.7%

Post your P/L. Don't be ashamed.

>>15724945
>trade war ends
>everyone happy
>manufacturing back
That's not how it works. You think the Germans were happy when WWII ended? Did they fare well? Or did they get taken advantage of as punishment by the dominant parties? What makes you think the US wont get fucked with more than we already have?

>>15724781
Name SPECIFICALLY how China has fucked the US economically and how it would’ve helped us to start a trade war. What would we have gained? I’ll be waiting.

>15724945
get a load of this reddit no more yous for you niggerfaggot

>>15724948
So you should have started selling them.

>>15724968
Manufacturing went down in China AND US because of the trade war. Once it’s over we can reestablish and revisit contracts to ensure a positive future for both countries this is something trump hasn’t done (IF TPP HAD BEEN PUSHED THROUGH THIS COULDVE BEEN AVOIDED LONG TERM) but nope had to go the war route.

>>15724904
So basically you go until it expires whether it earns big or nothing until or somewhere in between.

>>15724914
How long did you mess with options before stopping altogether? How nerve wracking was it seeing it go up/down and wanting to exit?

>15724971
>currency manipulation
>patent theft
this has to be b8

>>15724979
MAD MAGATARD
COPE YOU LOSER AHAHAHHA ITS OVER FOR YOU! Enjoy the next four years rotting in your hole being mad you won’t do shit

Aaaaaaaaaaaaaaaaaaaaaaaaaa STOP DUMPING!

>>15724950
Probably because I just bought a bunch more of it

>>15724993
I was joking. They move fast. I only put in a couple hundred or so at most. Even if I lose a bunch, if I'm right just once on an OTM option it more than makes up for losses.

>15724988
>muh tpp was good for america
oh shit nigger what are you doing

>>15725000
>going full retard
Wow no thanks

Hill might have been better for markets. Yellen would likely have been MUCH better for markets. But it’s a moot point.

This impeachment seems like a real bad idea. If it somehow succeeds, I’d say Pence has a pretty good shot at reelection against warren.

>15725000
if anything im mildly disappointed in trump but the absurdity that you are spouting off should be refuted by someone

>>15724988
>once America just gives up everything will go back to being the way it was and everyone will be fine and dandy - Loyalist circa 1775

>>15724971
>Say you'll buy us produce
>Markets soar
>Decide you won't
>Markets crash to shit
>(((Anonymous))) buyer buys out entire supply
Fuck China. That's why.

FUCK

Looks like I had but orders set tooooooo expensive.

UNH BELOW MONTHLY BOLLINGER

All right, climbing back up. Cant fool the bull!

Is this a proper definition of “underlying” in terms of options?

Underlying are the values at which a derivative’s price is ascertained.

Wow. Everything I do is wrong.
God damn it I hate the stock market.

>DIS high volume dumping
the hell is going on?

>>15725110
Everything's dumping

>>15725110
have dis calls set for after Disney+ debuts, the bulk of my RH account is riding on that being a success

Ugh I'm nervous to buy any options with the $50 I have at the moment. There's no way the market is just going to keep dropping, right? What would be a good call?

>>15725110
>>15725127
Major support at 131 just broke. Sell those calls

>>15725131
>What would be a good call?
Puts kek.

>>15725098
Do u like :)

>>15725143
Nah. Just needs some news to bring it back up. Everything's dumping rn. Itll recover more quickly than you think and itll find new support soon

>>15724945
>If you believe the polls on Trump then that’s fake news as well(see Hillary election)
How is it fake news? Did the pollsters change opinions because Trump got into office? Did they go from anti-Trumpters to pro-Trumpsters? Doesn't that mean Trump got more popular? Kek'd. I don't think you realize that US is widely divided in general and republican voters doesn't give two shits about the trade war and what democrats cry about on a daily basis.
Look at his rallies for example, nobody comes close to gathering the same amount of people Trump does just to hear him scream about shit he has screamed about for years.

There's no FACTUAL evidence that any presidency affects the market as much as you think it does. Valuations, corporate profits, business cycles, monetary policy is what affects the stock market. Trump did affect the stock market though thanks to the massive tax cuts which lead to corporate profits increasing, this is why investors gives him credit for it. Under Obama however, you saw him restricting and taxing which you could argue lead to a slowdown in the market after the 2008 crisis rally, so without Trump cutting taxes and regulations what do you think would happen? The slowdown would continue, obviously.
Not to mention that ~50% of the S&P is owned by non-americans, so what you're saying with your picture is basically "democrats attracts more global investors because the open trade market". This is not something Trump is aiming at achieving which you should know by now, so that's not really an argument here... it would be if Trump was also pro-open trade though.

I think you're just basing your opinion on disliking Trump, personally.

>>15725146
Would it last for the next few days though?

>>15725158
I hope so for your sake. Pic related is not pretty

>>15725153
yes, yes thank you

>>15725176
Shit that gap. Oh well. I pretty much see options as a gamble anyway. I only put a small amount.

>>15725016
Just how succesful is that one single option that it makes up for several failures?

Really need to start just taking profits when its a good chunk. Had a few that were at 20% profit but refused to sell, granted they are like 3-6 months out which is partly why I held on, but am noticing it seems easier just to trade for a small win and buy back said option after it's cost goes back to previous levels.

Reminder that SGMO under $10 is an obvious and easy BUY
Don't even mess around and miss out on free money

>>15724937
wouldn't it be funny if i borrowed shot callers shares to short?
where are you shot caller? i know you read me and i know you're seething.

>>15725176
Bounced off that level just now. Buy calls

>>15725209
On expiry day, $115 ROKU 09/20/19 P rose over 34,000%
Not $34,000, it rose 34,000 % PERCENT a $200 investment at the low would bring returns of over $68,000. That's a phenomenal gain, and what's your downside?
>$200
Seems like a decent risk reward ratio to me

I wonder how hard the stock market would crash if options and shorting were no longer possible cause it's obvious those things manipulate the price. You could only
>buy stocks
>sell stocks

What would you guys estimate, percentage-wise, that the stock market would crash by should options and shorting being removed?

>>15725143
I'll wait. This is a fucky day and my earliest call expires 11/15. I don't want to try and time shit.

>>15725186
I aim to pls

>The stock market is a tool for transferring wealth from my account to banks and whales, while consuming large amounts of my time and enthusiasm.

>>15725246
~0%
it all cancels itself out in the end
remember this game has been running for hundreds of years
you can read about marketplace trading 100 years ago, 200 years ago... the emotions and behavior and mechanics are all the same
prices of equities wouldn't move much. within 5%. bigger moves for microcaps maybe, but across the board it would be a little ripple, and things would continue as always

>Dis at 129.99
AAAAAHHHHHHHH WHAT DO I DOOOOOOOO!!!???!!!???

>>15722126
Thanks. I found out that my country's laws dictate that I can only sell stocks that have been bought at least one year before they were sold to make it tax free. Is there anything similar in the US or should I already move to the land of the free?

>>15725287
US has long term capital gains taxes vs short term capital gains taxes

Can someone explain to me how a call option premium goes up when the underlying goes down?

>>15725273
buy more, probably. i'm about to do the same

>>15725301
Never mind it corrected

>>15725273
WHAT DOES THE LVL 2 BUY VOLUME LOOK LIKE

WHAT THE FUCK IS HAPPENING TODAY

I gotta go to class and take a test, RIP my only green stocks.

>>15725159
>>15724945
Also, on the topic that there's no factual evidence at all that political parties affects the stock market a lot.

>"So what explains the better economic performance under Democratic presidents? Blinder and Watson identified two factors—oil shocks and increases in what’s called Total Factor Productivity—as the main culprits. Nixon, Ford, and George W. Bush were unlucky to have their presidencies coincide with large increases in oil prices, while Democratic presidents, with the exception of Carter, served during a time of flat or falling energy prices, a dynamic that can provide big boosts to the domestic economy."
>"As for Total Factor Productivity, this is a measure that economists use to gauge the economic effects of things like improvements in technology, education, and business processes. Democratic presidents were apparently lucky enough to preside over the economy during periods where advances in technology had a huge effect on the economy. The best example of this dynamic is the rise of the Internet during the Clinton administration, when many processes were made more efficient and the economy more productive by the development of that technology."

So there's a pretty solid reason(s) for it. I'm not even american so I don't really care, but thinking democrats are good for the market when they restrict and tax is just crazy kek'd, which is why I think you're basing everything you say on your hate for Trump.

>>15725287
capital gains tax:
long term CG tax rate if you sell something you bought >1 year ago
short term CG rate if you sell something you bought <1 year ago
(capital loss works the same no matter when you bought)

if you're ultra-poor (many /smg/ posters and neets) taxes matter less

>>15725318
Trump is mad obsessed with keeping oil prices down
according to this one article I read one time
It was either marketwatch or investing.com

I remember CNBC man last week say "Disney has to hold 130"

What happens if it doesn't?!

IT DIDN"T!!!!

>>15725246
Probably closer to the total book value of companies because investors will no longer have a way to hedge. SP500 PE ratio is at 22 so maybe it would crash to 3-5? I'm guessing that people will still long because production is still a thing and the central banks keep printing money.

>>15725335
low oil prices means the middle east gets fucked

>>15725309
for those who like meme patterns, DIS is doing a head&shoulders... target would be around 118

>>15725337
It will. Jeez literally like 1 and a half hours of a down market and you're already panicking. Relax

How am I doing anons? Good returns since past week? You guys wish you were me?

>>15725353
If you're going by the yearly chart, possible but unlikely. Heavy sell volume. Quickly approaching oversold levels. I'm not seeing a real downtrend outside of the past couple days.

>>15725345
Also south america, and Russia has a good chunk of oil

>>15725356
Today marks -3K all-time, it's pretty brutal

Problem is, I just bought a bunch of Disney in my IRA, and UNH in my real account.

Everything's just really bad right now.

>>15725359
>You guys wish you were me?
It'd be nice, yeah.

>>15725359
>Robin hood
No. No I do not. Cool gainz tho bro.

>>15725240
Oh I see what you mean, so you hold until expiry or at least some sort of big news that causes some thing similiar to what you posted rather than selling for small potatoes. How long before expiry do you generally buy options and do earnings affect date you choose? Do you make any sort of safety net eg a $100 buy put AND a $105 buy call?

Curious as my options usually only break even (mostly deal with buy options) and I'd prefer to improve how I handle them.

>Seems like a decent risk reward ratio to me

At $200 it sure does.

>>15725384
I see the same price action than in 00...would be cool if DIS was actually a tell from the next recession

>>15725265
Duh. That's why you leech off it like a parasite for whatever money that slips through the cracks and run for it before the bigwigs are any the wiser.

>>15725426
It could be. Everybody takes their kids to Disney, and the millenial types have been going as adults. Economy not good = no monies for family disney vacation.

>>15725300
>>15725322
Thanks for the information. One more question: Let's say you are a US national and you own a large amount of stocks from a company. Do you have to pay any taxes for owning them?

>>15725240
What clues were there this was a wise action to take beforehand? Or is it just lucky guesses?

MCD better come down again, don't recover you fucking asshole!

>>15725491
Just luck.

I take comfort in losing money when I see that its everyone losing money.

Buy high sell low!

>>15725491
Who would have guessed that bitcorns would be so valuable? Would you have the balls and discipline to hold onto your coins as they gain from 0.01 per coin to 0.1? 1? 10? 100? 1k? 10k?

>>15725518
5Gay

>>15725531
100k?

>>15725531
absolute legends like trace mayer

>>15725531
>Would you have the balls and discipline to hold onto your coins
I would if time decay wasn't a major factor like it is with options.

>>15720658
Thanks anon. Looks like a good hold for a decade stock. Plus their China extension has me hyped

>>15725470
you don;'t pay taxes unless you sell

you pay taxes on dividends, because that is income. but you don't realize capital gains unless you sell.
that's the reason that share buybacks (companies use money to buy their own shares instead of giving the money to shareholders in the form of dividends) is tax advantaged or tax-avoidance depending on your opinion.

my opinion, on this issue only, despite my net worth, I'd agree with liz warren and say: fuck buybacks, if a company wants to return cash to shareholders, do so in a reasonable (and taxable) way, in the form of dividends.
But that's just my opinion.

>>15725568
Theta is not a factor when the Delta is 1

>>15725623
wat

Are puts considered unethical by moral standards?

>>15725663
you shouldn't really worry about ethics here

Holy shit cramer is such a fucking cuck, shouting at the PM ceo this morning on squak. I hope his daughters don’t reward him for this, because that is apparently what he’s after: forgiveness for being so work and money focused that he was a shitty father. And that he was another boomer who carelessly fucked up the country and the planet.

>>15725598
I like that it gives another option to companies when their stock is way undervalued.

It does kind of suck that it is what companies did with their tax buybacks, but if every way of returning value to the investor is disadvantaged because of taxes, then companies may just sit on large cash piles, which i see as de-stimulating the economy, and possibly leading to even bigger bonuses.

>>15725663

I bought a bunch of EROS at 3.02 the other day and boy howdy am I regretting that today.

>>15725663
no

>>15725663
There's no morality in a free market

>>15725663
no, options are entirely different from equities
options are their own ballgame, and the price of a stock will still, at the end of the day (or year, etc.) be determined by REAL things
shorts might be considered unethical by brainlets, but they're fine too

the only thing immoral in the market is lying. as long as you're truthful about what it actually is you're buying or selling, it's fine. and you don't have to explain every last truth about the instrument [that you're buying or selling]. you only have to be truthful about the basic description of it, what [it] is.

>>15725691
dividends aren't tax-disadvantaged. dividends are fair. if a company sits on cash (and loses money to inflation), instead of returning the cash to their shareholders in the form of dividends, their share price will go down.
the dividend system is straightforward and worked for hundreds of years. the buyback system is untested, and it seems to favor short term games over long term structure and truth. you may be forgiven for your point of view because you are still young.

>>15725725
you can short unethical companies like MO. Feels good to make money on a shitty company's demise

>>15725696
Anyone crying like this are just too stupid to make money trading. It's the same people crying over shorters when they get fucked on a long position, retards.

what the fuck
my doodweed

Is this a proper definition of “underlying” in terms of options?

Underlying are the values at which a derivative’s price is ascertained.

>>15725727
Hey. I’m not young. You don’t need to make me feel double bad.

I think that’s debatable. Buffets sitting on boatloads of cash and investors aren’t fleeing his stock. Though he does get questioned about it at the berkshire summits.

>>15725762
>make money
a lot of problems in this world results from this..not a healthy world when profit is the only things that matters

>>15725769
Should be up, but democunts gotta democunt

Looks like Cramer is adding to UNH too, that makes me feel a little better about my new bags.

>>15725769
You check that UNH bollinger action?

WTF LCI?

>>15725795
I see
Ill throw in a purchase

>>15725808
wow didnt see that flash crash wick

>>15725807

>>15725807

>>15725807

NEW BREAD!!!

>>15725807

>>15725807

>>15725807

>>15725822
Yeah that was nuts

>>15725503
it will recover, it's only a matter of days. You are not trying to short MCD, are you anon? How dumb can you be?