/biz/ - Business & Finance

>>17755445
STOP BUYING YOU FUTURE FUCKS

>>17755445
knowing full well how bad the beer flu was and NOT buying any puts makes me suicidal. not sure how im gonna live this one down. will never be an opportunity like this ever again

not a single anon has posted a singing red wojak today that i have seen. this tells me the worst is yet to come.

What a time to be alive

So why aren't futures crashing? This is a nothingburger afer all. Green tomorrow and dow at 30k by EOM

I can't believe the Fed saved us.

>>17755514
Why post red wojaks? We're shorting the market. The ones that lost everything have hung themselves.

We still have a long way to go. This hasn't even factored in the gdp impact from corona-chan yet.

>>17755487
>will never be an opportunity like this ever again
There's a good stiff sell off every few years and a crash around every 10-15 years. Anyway you can go long once this reverses and that'll be an even better money making opportunity as post crash bull runs last years usually.

BROS

HOLY FUCK

>>17755487
Same. Jesus Christ I was so fucking naive.

Will Cramer get heated again in the morning?

>>17755514
Is this the first thread you've looked at?

Guys, don't forget to take public transportation to work tomorrow
https://twitter.com/Breaking911/status/1238255219521335301

>>17755445
Tomorrow under 20k?
Also, NYC lockdown when?

nth for FUCK TD YOU FUCKING KEKS, FUCK TRUDEAU, FUCK CHINA, FUCK THE INDIANS, AND ESPECIALLY FUCK JANNIES

>>17755555
checked. thanks for the encouragement anon. i really hope i take the intiative and really take advantage of this sell off

>>17755480
KEEP BUYING KEEP BUYING I WANT TO SCALE IN MY SPXS POSITIONS FOR CHEAP

>won't be able to buy the dip because I'm unemployed
Talk about bad timing

japan is done

RIP ANIME

>Chinese flag
>red
>Markets right now
>red

coincidence? I think not?

Im holding CZR and WWE puts. Should I dump at open or will the entertainment industry keep piledriving?

>>17755552
yea this is gonna take months to sort out
plus oil is gonna be in the shitter till T LEAST after OPEC meeting
prolly much later

I don't know if I wanna play this game anymore.

>>17755612
COLLUSION

>>17755514
I was busy
now if you'll excuse me *ahem*

ONE, NOTHING WRONG WITH ME

>>17755539
I have no problem with posts like this HOWEVER I feel you should receive an electrical zap to your testicles Pence style if you're wrong.

>>17755606
This, I'm so mad.

tomorrow?

>>17755578
friday after close

https://www.marketwatch.com/story/warren-buffett-on-the-one-two-punch-market-panic-it-took-me-89-years-to-experience-something-like-this-2020-03-11

Even Warren Buffet has never seen something like what's happening in his life. This will be a once in a lifetime opportunity to wind the clock back to 2008 and make it lads. Don't get too greedy on your puts/shorts.

I went super conservative back in September, and was laughed at for the past six months. Gonna go 100% back into equities at SPX 1600 :3

Reposting, I have have $500 to spend, what should I buy?
Also, is investing in Lufthansa worth it?

>>17755572
>https://twitter.com/Breaking911/status/1238255219521335301
Jesus, wtf germany

>>17755648
Now you know how I felt 12 years ago.

I wonder what the most money ever made on stonks with a $50 initial investment was

>>17755612
>green id
bull propaganda

How low do you guys think KO will go? I really, really, want to get a bunch of their stocks for cheap

>>17755692
Did you make it in the end?

>>17755665
My floor is 180, I'm selling my shorts there

>>17755684
why did he wear the mask in the first place though?

>>17755670
SQQQ

best calls to hold?

I'm going to laugh in April/May when the flu season ends and everyone realizes this was the biggest nothingburger of all time with stupid fucking boomers losing 30% of their wealth because they panic sold all because they were scared of the fucking sniffles

Meanwhile I'm going to acquire some of America's greatest companies for record low prices

Thanks Corona-chan!

with volatility so high, why would options be a good choice still?
how would volatility increase?

American Airlines Pilot tested poz

>>17755720
He's on /biz/, what do you think?

>>17755720
I’m in the position to make it now. If I play it right I suppose.

>>17755730
if he takes off the mask, will he die?

>>17754942
Do your parents have stocks too?

>Some brokers give you a virtual "fun" account of say 100k to invest and see how you would do/learn as u go with fake money.
That's nice. I think I saw some personal finance website do that a while a go but I don't know of any local brokers offering that feature for stocks, only forex & similar.

>>17754983
I see

>>17755042
Startup job openings all make sense now (i.e. shitty wage and a shitton of stocks).

>>17754986
I don't have anything in USD unfortunately. In a perfect world I'd have 300 USD from a quick remote gig I did last month for a US company but PayPal Brazil automatically converts it to BRL.

I'm tempted to convert some of my emergency funds to USD just in case.


>>17755022
I made an account at a local broker today and put 500 BRL in it just to fuck around (I'm ok with losing the money). Bought some cheap fractional stocks just to check things out.

>>17755072
We also learn advanced huetronics.

-- end --

What I take from our interaction is that the average US citizen is just as clueless as the average BR monkey when it comes to variable income investing but the US citizens are in a better situation due to the common practice of offering stock options.

>>17755684
Some men just wanna see the world burn.

am i fucking up by not trading options? i feel like im the only one not doing it

>>17755445
Weeb faggot suicides when

>>17755785
>>17755800
I'm just scared of dying on the street because I'm unemployed and the world just exploded.

>>17755770
Maybe continued declines with cause IV to increase. Otherwise, start selling them imo

>he doesn't understand crisis theory

>>17755730
I dont even know what to think about it.
Don't ride the subways anon

>>17755568
its not over yet fren. I personally think we'll blow past DJIA 20k resistance and back to the middle teens. I've also been shorting regional etfs based on coronavirus number being reported in individual countries.

Tomorrow is Friday the 13th. Is there any scenario where it isn't a blood bath?

I just realized tomorrow is Friday the 13th

JUST A FLU BRO
https://mobile.twitter.com/thehill/status/1238255241616818176

>>17755828
ETFs are a good middle-ground if you dont want to commit too much money on options if you dont know what the fuck you're doing.

>>17755487
If it helps I was doing puts and lost so much money due to weak hands on the pump last week that I am now just breaking even

>>17755843
If anything, this is gonna open up more jobs by killing off entrenched boomers.

>>17755879
NYC Mayor closes the trading floor with Trump support, no market no bloodbath, is the only scenario i can see without another circuit breaker after all the week we just had + weekend, no one will hold.

can a 3rd worlder trade murica options with interactivebrokers?

you better hope they take one for the team, otherwise its conscription time

>>17755887
That's actually pretty hot

>>17755828
I am not doing it either anon, I just sold last september and held until the crash.

>>17755887
Do you think he diddled her since he had nothing else to do?

>>17755828
i can't do it because i'm still not allowed to

>>17755935

Iran, China, and Russia vs NATO.

Throw in NC and some randoms for fun.

The 30-40% infection rate(if consooomed by wall st) will cement the market for the next 2 months. Until that level is approached or somehow the market will continue to sink. Need to invert the infection curve

>>17755828
You'll have plenty of time to learn how to trade options when we're not in one of the most volatile markets of all time. Don't let the FOMO get to you

>Disney now going a step further, closing Disney World in Florida, Disneyland Paris, and halting new Disney cruises
oh fugg

>>17755666

Checked and blessed. I sold 60% of my retirement account into government bonds on the third.

Also image is threadly reminder.

>>17756043

Forgot Image.

>>17755902
do you have any recommendations for some inverse ETFs to look into?

How's the portfolio lookin', anon?

>>17756029
>30-40% infection rate
60-70%

>>17755925
that helps thanks anon

>>17756041
I'm hyped to buy Disney at 30

Mortals, your cheapies will fall down to the neatherrealm, and and even I will stay my hand. For I have not seen a blade fall so fast since the sword of Michael.

>>17755828
Also, at least be conforted in the knowledge that even if you WERE doing options, the percentage actually making good money out of them isnt that high, have in mind that every time someone makes money from options and actually realises their gains, its because they sold at peak to some other autist who then lost a bunch of money, who then panic sold to another autist who also lost a lot and so on. Options is an adult game of hot potato, and I can guarantee that for every person posting good gains out of them, theres many more who lost a bunch.

Its not worth doing if you dont know what the fuck you're doing and since you dont, its not like you missed out on anything. Its like thinking you missed out from a 50 million dollar NFL contract just because you didnt know how to play football.

What do you do with that feeling of missing out? Learn how to do that shit, always have some liquidity on you (ie dont blow your savings on random bullshit or you wont have any money to get in on next run) and be prepared for the next time it happens and maybe you'll be at a good place for it.

>>17755665
>128 billion in cash
I wish I could have at least a million to dump into stocks when the recession is over. I would live off the dividends for the rest of my life.

>>17755819
>Do your parents have stocks too?
Not that anon, but mine do. I have enough autism to warrant my mom to get into stocks and other ways of passive income to help out my sperg ass.

She doesn't have an understanding of investing into stocks yet and she's reading a book by Buffet.

>>17756029
>30-40% infection rate
Do you have any proof to back that up? Even the chinks are containing this and they didn't have 1/3 of their population infected

It's literally just the flu

Okay guys, time to talk turkey. What takes a hit from the coming crisis, and what recovers the most quickly? What's our 2x after the coronavirus? Our 5x? 10x?

>>17756076
In the green, thanks for asking.
t. made my portfolio recession-proof two weeks ago

>>17756076
KILL ME

>>17756235

UR Doing fine.

>>17756140
thank you for this reply, anon. i understand what you are saying. even made me chuckle too lol

>>17756206
i can tell you’re a shitcoin tourist

I think the market volatility is finally over. People are going to buy back in and everything is going to be fine.

>>17756066
https://www.stocktrader.com/inverse-short-etfs-bearish-etf-funds/
pick your poison
SQQQ is pretty hot rn

>>17756195
i have no hope for the usa. put a bunch of coons into a mcdonalds and wait a week they will ALL be infected

>>17756287

Anon I...

>>17756281

>>17756235
That's nothingburger

>>17756206
Tech and real state(after deaths) are the easy ones to say it will take the hit.
Foreign banks are also coming to the floor, deutsch bank is playing a chicken game with world.
Recover will be airlines, resorts and china imports.

>>17755487
>Bunch of retards said UBER and LYFT were great buys a few days ago
>Think to myself, 'heh, yeah right. I should buy puts on that shit.'
>Too scared to try Options for the first
>I was fucking right
God fucking dammit

5-10% of us population will die, i said it first. you guys are all niggers and or retarded

>>17756206
Oil and BTC are guaranteed x2 right now. Will jump into BTC tonight. I will wait and trade the news on oil, though. Shit won't rise while Russia and KAS are in bad terms. Russia wants to make peace but Saudies are being really tsundere about it.

>>17756206
Long the Euro Dollar on the fed meeting day.

>>17756195

China is probably lying about their infection rate. I don't trust a damn thing coming out of that country.

futures are looking.... okay????

bearbros whats this bullshit?

>>17756287
lmao 0% chance anyone wants to make a big buy to hold over the weekend. Best cases is sideways action or a 1-2% drop.

>>17755566
If only.

ASX FINALLY NEGATIVE ON FUTURES

i think my strategy is wait a little longer then go all in either spy or spx. which one should i buy?

>>17756383
They are pricing in the Fed pump

>>17756340
Hindsight trading is pretty easy, dont beat yourself too much for it. Plus if you had actually bought those puts then the market wouldve actually rallied instead.

>>17756342
Thats a fairr number due to the healthcare system, but i would bet on 12 - 15%. With the lowest turnout elections in history.

It won't go back to January highs for another five years, no matter what.
It will probably go down 40%
It might go down 70%

Just think about it. When you've made bank after this crisis, there will be millions of top-tier sluts out of work and looking for a place to stay. You can literally have one of those whores walk around in heels naked, serving you breakfast, lunch, and dinner, for a place to stay and a small monthly stipend (college tuition, too?).

The fincels will rule the world.

>>17756383
>okay
>in the red
>after the fed pump news
lol
also never trust futures, after the initial -5% panic post speech they didn't crash again until 3-4am
nikkei and asx both -7% should give you a better idea

>>17756450
Finally, its our turn.

>>17756041
Oh god I LOVE THE MOUSE I RODE HIS ASS UP IM RIDDING IT DOWN

The guy who made this tweet is Spokesperson & Deputy Director General in Information Department of Foreign Ministry of China

>>17756450
half of us here are women you noob

>>17756429
if they price in the fed pump what happens when the fed actually pumps?

>>17756450
>whore lives with you for a month before claiming you were in a civil partnership together and takes 50% of your money when she leaves

If anything this kind of crisis is making whores all over salivate at the thought of how much money they will get to scam out of fincels.

>>17756471
This
Asia markets melting, europe will also be red, a lot of banks wont take more hits, its a long bear run to the next year

so what happens if CDEL gets LIQd?
who runs all the options markets then?
whatever asshole has any liquidity left at all?

>>17756493
Trump should @ him. Would be hilarious.

>>17756450
I'm excited to be semi rich but I only have like 6K in my fucking IRA to trade with rn cause I was born a poorfag..

I don't expect to have more than 24K by years end :/

>>17756471
>asx and nikkei flirting with -8% minute after I post this
oh for fucks sake
YAMERO

>>17756471
you mean nikkei -8%

>>17756043
Nice.

I wish I could have gotten my dad to listen to me. He's near retirement and now down something like $200K.

Whats the best strat for people about to get laid off? Grab any McJob you can once your given the boot and pump all your savings into this buying opportunity over the next year and kill yourself in 2 years?

>>17755633
Fucking lol
>>17755637
AAAHHHHHHHHHHHHHHHH

>>17756493
just remember to call it Chinese Flu

>>17756503
You sell my man. You sell.

>>17756291
its looking like i missed the SQQQ boat already

You guys realize this is the cheapest gas will ever be right? We are at thr absolute bottom of gas prices.

Airlines and CHINA are out.

The US is the number one producer and just lost some of their biggest customers and US reserves are and have been full.

Gas is literally 1.75 here in south Texas (working oil field atm), now you anons get ur moment when you tell ur grandkids "heh back in my day gas was 1.75!"

It cant go lower, all you blue states with ur gas taxes at 50+ cents, this is as low as it wil ever be. So you are gonna buy the oil companies during this recession right? Why wouldnt you, its literally free, this is the bottom for these companies, remember that stock price does not reflect company value, and even of the stock price dips lower, the value of these companies cannot get lower, its not possible.

>>17756522
Isn't DeuchBank on the verge of defaulting?

>>17756195
China is killing infected people off and forging their causes of death to avoid increasing the official causalties for the virus. Come on, man, it's like you don't know the Chinese government has no regard for human life. In fact, this outbreak is giving them carte blanche to decrease China's population.

>>17756500
Trannies are not women. Despite that, I do hope you get a nice himbo.

>be ausfag
>talking to an old Lebanese bloke at work about stocks
>he tells me to invest in ASX
>mfw -8%

PASS
https://www.direxion.com/products/direxion-daily-consumer-discretionary-bull-bear-3x-etf

>>17755445
how TF are people 'getting rich' off puts.

Yea you can make money, but nothing massive. Say I make a put with 1k, then it drops a massive 50%. I am still only making 500 from my investment. Thats a damn good day, but far from making it rich. Even if you borrow on credit, you are only making a few thousand unless you can get some massive loan.

>>17756615
Never trust a leb
t. lebbo

>>17756595
Gas will easily go below $1.50. Mass lockdowns haven't started yet. Production ramp ups start next month.

>>17756606
DB being is crisis is just kike fantasy

>>17756586
that's fucking racist. covid-19 is no excuse to be racist you fucking nigger.

>>17756621
retard
OTM/ATM SPY puts were up +400% this morning.

>>17756621
I guess I am asking: what am I missing?

>>17756493
It actually upsets me that no one in our government has enough cultural understanding as to be able to shame this person, and by extension the chinese government.

>>17756621
holy fuck youre fucking stupid

>>17756621
You have no idea what options are you retard, go read more.

>mfw reading about bullshit like shadow banking and the eurodollar
God why the FUCK did I go into engineering, I could have made so much free money being reckless and retarded and then the government would just bail me out when shit hit the fan

>>17756493
They are so beyond fucked that I'm not even mad. China is over after this

>>17756659
Some USO puts were up 3000% after Russia/SA news the other day

>>17756493
And he's based

>>17756666
because number go up

>>17756586
>calling the Peking Plague the 'Chinese Flu'

>>17755539
Futures are red, it's way too fucking early to call anything. I was hoping for a bounce, but the reality of corona is sinking in. It's not the black plague, but the US HAS to do what China did, to keep it from getting bad, and it's just starting. We have a month to even begin to start thinking about recovering.
I gave up trying to know what's going on. It's time to bunker, strap in, and ride this fucker out. The press didn't help at all, the government fucked us downplaying it, and now we all get a bite of a huge shit sandwich.
Some people will get ungodly rich off this, but I'm not in a position to do that, so I'm just setting up my lawnchair to wave at the crazy parade.

Anyone else enjoying the thought of Corona-chan cucking your portfolio?

>>17756666
ooof checkem boyz

>>17756678
ok where?

thread theme
https://www.youtube.com/watch?v=G5d30m319Tw

>>17756666
literally everything

>>17756704
Google "what are calls and puts"

>>17756621
I hate how this shit is attracting the absolute bottom of the barrel of low IQ retards. Probably half of them are /pol/ migrants. God damn it, these fucking retards corrupted /pol/ in 2016, now they're coming here.

>>17756606
A lot of anons posted, and bloomberg news today talked with one their director saying that they will unles the world helps them erase 100 points but i can't remember where are the points from.

>>17756615
>short ASX
>nervously watch green candle
>suddenly dumps to TP
Why are the bears always right?

>>17756634
Thank God it was only $200

AAAAAAAAAAAAAAAAAAAAAA

WHAT AM I GOING TO DO ABOUT ALL THIS HYPERINFLATION?!?!? MY DOLLARS ARE WORTHLESS! THE PRICE OF GOLD IS SKYROCKETING!!!

SILVER IS THROUGH THE ROOF!!!
...Oh wait

>>17755569
Kek nice
But it really should still say dick flattening.

>>17756383
Indices just had a -9% day. Of course there is indecision in futures no matter what the coronachan situation is.

>>17755670
$500 isn't enough to make life changing money off this. Add a couple of zeros. Save that cash for food.

>>17756621
>>17756666

The value of a put doesn't go up the same amount as the underlying security goes down. The two are correlated, but the value of the put goes higher in proportion to how close the decrease brings the security to the strike price of the put.

So if you buy puts with a 150 strike price on a security currently at 200 dollars, and it actually drops to 150, you might stand to make 30x what you paid for the put depending on volatility and other extenuating factors.

EURO STOX 50 FUTURES ARE GREEN

I REPEAT ARE GREEN

>>17756721
yea, they are what I explained. You buy a contract to sell at a later date, hoping it goes down and can sell the stock back to the contract when you buy at the lower price. How can you make anything over 99% profit with that (assuming a complete crash in value)

>>17756698
>the U.S. has to do what China did

The way the U.S. government works prevents this kind of response. The only chance the U.S. had was to test and track as in Korea. It failed. Now we'll get a mess of quarantines imposed by State and local governments and a complete clusterfuck at the federal level.

>>17755819
>That's nice. I think I saw some personal finance website do that a while a go
Morningstar has a free fun account you can sign up for.

>>17756771
Of course its green, Boomers think that this is the floor and the real shit on futures happen overnight usually anyways.

>>17756771
Does that really matter anymore?

>>17756767
I see. Thank you for clearing that up. I didnt realize it was proportional.

>>17756621
Hello tourist! Please do your own research before asking questions like these.

>>17755606
>>17756724
This and this
Both of those
All of my both of these.

Ima go see what Cramer had to say.

DID HE REALLY HAVE FUCKING WARREN ON?!? WHILE HES BEEN REFUSING TO CRITICIZE TRUNP’S HANDLING OF CORONA HES GIVING A PLATFORM TO WARREN?!?! AAAAND HES GIVING SHIT TO THE FED AND THE TREASURY!!!
I kind of like that he hasn’t really picked a side.

>>17756356
Easiest way to lose money. Banks will expect this and whipsaw the price like crazy before settling for the direction that will provide more liquidity (i.e. down).

>>17756819

Bull trap incoming

>>17756748
Buy in sp500 at the bottom, hyperinflation no big deal

Holy shit the Nikkei/ASX are down 7%

>>17756818
see the OP?
fucking read it
subhuman illiterate nigger

>>17756790
Nah local governments are giving up, look at Sacramento. And that’s where the fucking state politicians live!!

My neighbor was just on the phone talking to the local health officials about getting tested for coronavirus

DAX FUTURES ARE GREEN

I REPEAT ARE GREEN

Are you guys buying BTC now or are you waiting??

>>17756748
ok

>>17756856
all in on crypto I see. hahahahaha

>>17756818

Also, options represent "the right" to 100 shares of the underlying. They don't just represent one. This was actually the first thing which cleared up my own confusion about them. I too didn't understand how people could make such retardedly insane gains on options until I learned this.

Basically, if you own a put at expiration, and it's for a strike price 10 bucks above what the security is now at, because it continued dropping, you get 1000 bucks. Because you can buy 100 shares at 10 bucks lower, and then sell them all for 10 bucks higher.

>>17756084
Most of the people under 50 will have it, and have nothing worse than mild flu or cold symptoms. This isn't the black plague, where testing positive is is guaranteed death.

But nursing homes are gonna lose a lot of paying customers. The boomer retirement problem might just solve itself. Cruel, but possible.

We're getting this, instead of a recession. I think I'd prefer a recession, but it's not like we can change course at this point.

The bull run when this is over, however? Pure, shining gold. The next decade will be profit all the way up.

>>17756850
Ausfag gov doesn't have a few trillion to print to stabilize and Japs have been crashing for 20 years

tomorrow is gonna be a blast.

Posted this on Monday evening. Doubters are soon to be evicted and homeless

WHEN

WILL

WE

HIT

THE

FUCKING

BOTTOM?

>>17756874
>buying shitcoins

market is "pumping" on news deal was reached between peloisi and mnuchin no doubt
we'll see if it lasts or is ephemeral

>>17756666
A call is the right to buy x stock at y price by certain date
1 share of microsoft is worth 100. I pay 1 usd for the right to buy microsoft stock for 101 at a certain date. If by certain date 1 share of microsoft is worth 120 usd, then the option to buy at 101 that I bought for 1 usd is now worth about 19 usd.

A put is the right to sell x stock at y price by certain date.
1 share of microsoft is worth 100. I pay 1 usd for the right to sell microsoft stock for 101 at a certain date. If by certain date 1 share of microsoft is worth 90 usd, then the option to sell at 101 is now worth about 11 usd.

>>17756891
Gotcha, thanks for clearing it up.

>>17756884
The bulls are so cranky today
Mention how Tesla will be insolvent in 2020, bankrupt in 2021, and gone in 2022 and they get VERY MAD!!! it's so cute

AAPL hasn't even returned to late 2019 valuations and they think this is the bottom. What a delusion.

>>17756847
The point was... gold is tanking. My paper gold and my Barrick gold, they don’t protect from anything. CASH is rising. Pretty soon the real cheapies will be Canadian women.

>>17756876
Hahahaha this is really fuckkng good.
It’s an ooooold picture of Cramer... but it works.
Maybe that one where he’s drawn in black and white would be worth a shot?
Regardless, beautiful work my man.

BEARS BTFO
>BEARS BTFO
BEARS BTFO
>BEARS BTFO
BEARS BTFO
>BEARS BTFO
BEARS BTFO
>BEARS BTFO
BEARS BTFO
>BEARS BTFO
BEARS BTFO
>BEARS BTFO
BEARS BTFO
>BEARS BTFO
BEARS BTFO
>BEARS BTFO

>>17756342
Nah. 2-3% at worst. That's still a lot of death. But, the death toll doesn't really matter anymore, the damage is done. It's ride it out time. If you don't get that, you're hopelessly naive.

>>17756847
If you didn't go all in at close, you missed the bottom

>>17756340
Think of how uber would work during a quarantine. Think of how there are already cases of drivers infecting dozens of passengers.

Consider that this company will never make a profit, yet still holds true to its policy of driving down prices against an industry that was already struggling before it. It may go up after this is over, but I really hope people are more sensible about investing in literal money pits in the future.

>>17756906
Dust bowl soon

whats the better buy
spx or spy?

Where the fuck are all these bulls coming from? I shorted the close! AM I TOO COCKY?

I just need one fucking green day to offload my bags and then I can be happy, can we get one fucking good day? Please?

>>17756961
I bought some KOkies and PEPsis on accident... I need to scoop up some JNJ cheapies and dump something.

I can’t believe Trump is throwing the election and shorting LMT

>>17756943
it's probably because apple has such big reserves. they're not going to be in deep trouble for some time.

>>17756933

I was basically where you were at like a month ago. And since then, I've made a few thousand on options, but it's easy to get sloppy and lose big on them.

Another thing to consider is that if you own the option, and its expiration date arrives, and it's not beyond its strike price (above for a call, below for a put), the options "expire worthless", meaning you get nothing. So you might end up putting down 1K because hey, 30K upside, benefit hugely outweighs the risks right? But you guessed wrong and that 30K you thought you had a chance of making was just a dream, and you just threw a thousand bucks away. So they're still risky. They're a lot more like straight gambling than stocks are.

>>17756903
How long will the dip/crash go on for? I'm hoping that I'll have enough money to get into investing by later this year or next.

I'm starting to realize that people paid taxes on those gains from 2016 to today and reinvested.

>>17756076
Blood red, but seeing blue chips tanking like they're shitty biomemes is getting me hard. [temptation to start scaling in intensifies]

>>17756929
I think I saw something like this when going over my schwab brokerage account years ago. (something about needing a 30k base to become a day trader as well as making riskier puts) But basically, how does capital cover this. Before buying a put, do the brokerages check to make sure you have the capital to cover a potential loss?

>>17757002
just hold them

>>17756943
AAPL and TSLA were the most insane stock rises of last year and probably should have tipped people off that this way the top. Why would Apple double in value this late in their existence? Why would Tesla double in a single month? Made no sense.
There are guys here holding TSLA they bought at $900 and raging about it going down. Stop picking fucking stocks it doesn't work!!!

>>17757027
ah I gotcha.

>>17757038
ignore this, cleared it up. Cost is all in the initial contract.

I've been stressed the fuck out lately but this genuinely made me laugh. Hope it could bring some laughs to other anons

>Trump RT's something about a Berlin biotech lab
B-Bros?!

>>17756884
no ive been calling bear on that trash since volpocolypse
no one wants to answer you tourists and your fucking 89iq questions every thread

i swear the mods just HAD to make a fucking sticky on monday
niggers

>tfw bought 600 shares of GUSH before learning that there was going to be a reverse stock split coming up.

>>17757089
DAX to 25k

>>17756621
Chimp, stop thinking 1k is serious money. It's not. Add about 5 or 6 zeros behind that one, and that's the level that people who will score are putting on red right now.
But, considering you think taking out loans to step up to the Wall Street craps table is a good idea or the only way to get that kind of investment cash, well, brainlet confirmed.

>>17757038
Thats usually just for trading with leverage, which you shouldnt do if you have no idea what options are since you WILL end up losing more than you put in in the first place. Look at this retard for example.
https://www.marketwatch.com/story/trader-says-he-has-no-money-at-risk-then-promptly-loses-almost-2000-2019-01-22

If you have a cash account, meaning you dont lose more than what you put in, you should be good.

>>17757017
Apple is just fine. Yes they have supply issues but their brand is stellar and the demand for their products is always high.

Im always amazed that even in poor countries he prevalence of iphones.

>>17756906
Say it with me. DECENTRALIZED CURRENCY AHAHAHAHAHAHAHAHAHAAH. Bro Bitcoin is a safe haven from the economy of... pfffft HAAAAAAHAHAHAHAHAHAHA fucking retards should have gotten out the minute normies starting talking about it.

>>17756586
>not calling it kung flu

>>17757079
Think about it this way: you're not retiring for a while, yeah? Couple of decades? Just think of this as an amazing discount.

>>17757107
it was an easy sample number to explain, not a realistic investment. Noone is calling out your tiny dick projecting.

>>17755819
>buying USD when we just printed $1.5 trillion over a politically opportunistic media juiced boomer flu

>>17757079
Kek

>>17756961
I disagree :)

>>17756989
SPY is the best S&P tracking ETF.

>>17756595
Started buying some GUSH. If it rebounds to even half it's 52 week high I'll be happy.

>>17756621
I'll give you a quick rundown
The price of an option is determined by both it's intrinsic value and its time value.
The intrinsic value of an option is the difference between the strike price and the current price (of an in-the-money option), its the amount of money you would get if you exercised it right now.
The other component is the time value, which is a measure of the probability that the option will become (more) profitable in the future. There are a lot of models to calculate this, but in general the time value is affected by volatility and time until expiration (as it becomes less likely that it will move a certain amount given some volatility within the smaller time window).

When you buy a far OTM put the most probable outcome is that it becomes worthless, and that fact is priced into the option itself, meaning its very cheap and has no intrinsic value.
When the market crashes and it goes ITM, you suddenly have that intrinsic value that wasn't part of the option before, in addition to the heightened volatility. This can easily increase the value of the option by 100's of %. So basically you can get a return of over 1000% if you got lucky enough. That's a lot.

>>17757162
Alas, here we see it. The Jew attempting to lure the ignorant goyim to take the worthless tchotchkes off his hand for 200%, 300% of their intrinsic value.

>>17757096
I feel the same way, to many mouth breathers in these threads now, like 10 different morons a thread will ask about options

Was thinking of picking up some cheap ORC later this month if it doesn't collapse. How do you think the dividend stocks will do in this bear?

>>17757225
not bothered by the reverse split on the 24th?

>>17757205
yea so a quick google search says spy is an etf and spx is an index. so it would be safer to buy spx right? divies are pretty equal too?

>>17755713
Fuck yes.

I wish there was a list of the best dividend stocks. I'd scoop them all up. Currently shorting spx500 made 2k today

>>17756974
We actually are close to a dust bowl in the mid west. I have family that works in the agriculture department of a university and allegedly the amount of nutrients in the top soil is depleting fast in the mid west because the local governments whore themselves out to Monsanto. The stuff Monsanto is pushing them to put in the soil while it increases yields at first drains the nutrients faster than if they grew normally.

Man, I wish I took notice of this shit earlier. I only just sorta started today. Did I miss the big chance?

>nikkei down -8%
oh boy
that pump didn't last long

>>17756595
Only if they are the giants like Exxon, shell, BP, etc

>>17757099
You realize that's not how it works? All your shares won't magically be worth more, you will own less shares

If you had to pick one song to play on a loop in the background of the NYSE tomorrow, what would it be?

>>17757231
Thanks anon

>>17757017
That's not how it works, at all, and I doubt explaining it to someone as dumb as you is worth typing it out.

>>17757274
>so it would be safer to buy spx right?
no

>>17757225
Do you even know about the 40 to 1 split they did?

Hahahahahaha. You just lost all your money

>>17756874
Bro, bitcoin flew right through 2 monthly levels. I'm not touching that shit until 1500-2000

>>17757253
the threads fucked for the foreseeable future
were going to have tourists for the rest of the year
and since leddit seems so happy to keep effortposting longwinded explanations at them, theyll keep coming

this is EXACTLY why we used to tell newfags that UVXY was reporting earnings after close
we need a new version of that

>>17756899
mild flu or cold doesn't give young, healthy people pneumonia and permanent lung damage. stop saying 'its just a flu for young people' and 'it only kills boomers'. If you're young and you get severe pneumonia, congrats, you're never going to enjoy life as walking two steps will wind you.

>>17757275
>I wish there was a list of the best dividend stocks.
Me too.

>>17757171
>Still thinks he has a point
>Has to make lame small dick meme to cover up his ignorance

OKAY INCEL

>>17756951

>>17757158
Should I sell low or just let it ride because it was a total gamble from the start?
Kinda want to take it out, could buy some fucking KO or something. But then again... this dump is also tempting to knife catch...


>>17757173
>he still thinks the dollar can hyperinflate nearly all the worlds contracts are priced in dollars meaning international businesses are essentially short the dollar, and all the worlds governments and wealthy would be fucked if that happened
It’s not likely... but I’ll still keep a small amount in gold. I think I have some Swedish kroner tucked away too somewhere.

The money the Fed squandered on the stock market would've been better spent paying off student loans. Fuck boomers.

>>17757352
>muh secret club

>>17757352
Bro, settle down. Have a scotch. If you can still afford it.

>>17757322
https://www.youtube.com/watch?v=oIscL-Bjsq4

>>17757275
NUE GM VZ looking the best right now. Maybe Chevron and $O too

>>17757369
I know some in canuckistan that are tax free and will weather the storm quite well but I am reluctant to share. :^)

>>17757322
Black Hole Sun.

>>17757173
still safer than BRL and more usable than gold

>>17757398
Fuck off commie

>nikkei -8.6%

>>17757275
Nice! I only made around $130 from SQQQ today, but I just deposited my $2100 cheque from work into my portfolio. Can't wait for those juicey cheapies!

Fun Fact of the Day: As corona destroys the boomers, and their boomer market, we are left to buy these cheapies and become the boomers ourselves. Oh, how the tables have turned.

I drink this cheap glass of boxed wine to us, the future boomers! Cheers.

>>17757360
>mild flu or cold doesn't give young, healthy people pneumonia and permanent lung damage.
Neither does Corona, Chicken Littletard.

>444
Looks bad, if you're superstitious

>>17757338
ok i ljust buy spy

>>17757352
>this is EXACTLY why we used to tell newfags that UVXY was reporting earnings after close
>we need a new version of that
Hang on, I'll get on the horn with Mike Tyson and see about making it happen.

>>17757398
Why, most of the jobs those degrees will get will still pay barely above minimum wage. They should simply discourage borrowing for university unless you have a long term financial plan so the value of a degree goes back up.

>>17757404
>heard this song so many times I've become completely numb to how depressing it is
Am I fucked?

>>17757289
I feel really bad for Japan :(

>>17757398
LOL. Sure, that would help so much. LOL. Jesus fuck, so many of you are so fucking ignorant. Erasing student loans wouldn't do jack shit. The bomb already went off.

>>17757444
It does, though. Nobody would give a shit if it was just a mild coof.

>>17757322
https://youtu.be/fX_120DMFDQ

>>17757510
It doesn't though, get your lame ass back to the circlejerk over fake corona plagues in /pol, retard.

>>17755731
Based

>>17756698
>downplaying it
Lets not be coy, this is absolutely an over reaction

>>17757481
I have a buddy who works in finance here in Tokyo. I haven't heard from him in days.

>>17756785
because there is a speculative market for options. They get traded like stocks do, so people (you can be one too!} trade them between eachother based on speculation which causes the price to not be a 1:1 with underlying stock price movement.

>>17757295
Yes, I realize that you stupid animal. I forgot my pic.

>>17757322
https://www.youtube.com/watch?v=AYA8DRG8cFs

>>17757481
>-9%
KURODA先輩助けて!!!!!!!

>>17757373
its funny because the OP literally has some of the best advice that all of essemmjee has to offer, on basically everything other than current events

but absolutely none of them read it
they just come here and ask the same 3 questions about options, and thanks to all the WSB niggers weve inherited, this faggotry is then rewarded
which then chains into more and more faggotry

>>17757401
have fun answering the same couple questions in every single thread for the next year or so
theres a method to the madness
telling retards to go buy leveraged VIX assets was simple, but brutally effective
if they cant fucking read, they deserve it

i think youll find that velocity and quality are mutually exclusive

>>17757439
Current positons

>>17757609
chika paizuri

apple is the vanguard of the stock market, the final refuge of boomers. The stock market collapse will not end until apple is under 100 again. Keep in mind that apple was less than 150 less than a year ago

>>17757621
>have fun answering the same couple questions in every single thread for the next year or so

I enjoy explaining these concepts to people. It's not a burden. I like being able to clear up confusion in cases where people are very clearly confused.

I don't appreciate people who pride themselves in hoarding knowledge others don't have.

>>17757412
made me chuckle
>>17756595
>>17757292
When we finally, ACTUALLY, bottom out I honestly really wanna take all my profits and go balls deep in oil. The problem is how the fuck do I know what the bottom would be? End of corona panic? End of oil price war? Is oil gonna become stable again within 1-2 years? Talk me out of it

>>17757546
It's absolutely an over-reaction, by Wall Street. Propped up by the exact opposite by the government to Corona. None of this would have happened if we'd quarantined all of China when it first broke. I'm not a Bernie bro or a Bidencuck, I was fine with Trumps golden bull run on the market, but his administration has a lot of explaining to do over this. They fucked us, hard. But it was coming anyway, the talking heads have been calling for a recession or meltdown for years now, and now it's here. And now they're all 'HOW COULD THIS HAPPEN?"

All I'm think of now is, how long will the bear last, before recovery. I'm thinking mid Q3. I hope. Bears tend to be short, like recessions, and god knows this resets the recession clock.
Gonna be a rough fucking year. I won't lie, i was hoping we'd dodged a bullet, but nope, we took one right to the fucking face, and it's gonna be bloody.

>>17757661
We haven't even entered the collapse. We've just entered the (final) stages of trimming off all the inflationary valuation that piled up in the last year. We're now approaching the intrinsic value of the market *before* COVID-19.

And we will go below that. That's when the real crash starts. This is just a haircut.

>>17757563
Hopefully he's ok

>>17757369
Fucking excellent
>>17757412
Nice
>>17757395
Kek perfect
I meant the one that looks like this though, but I can’t find it. And maybe he looks too smiley?

>>17757444
>>mild flu or cold doesn't give young, healthy people pneumonia and permanent lung damage.
>Neither does Corona, Chicken Littletard.
Over half of all confirmed cases have pneumonia

>>17757329
What about risk?

>>17756076
Breddy gud

>>17757693
>He still thinks he can time the market

>>17757677
thanks man, i'm a total noob who has just wagied himself into a $1k balance that i wanna throw into this crash. just trying to figure out options since it's not really a big deal if i lose money since i live with my parents

>>17757563
is he still alive?

>>17757279
This anon speaks a truth too people have heard. Come, listen all!

>Markets keep taking -5%+ hits
>Crypto takes -15%+ hits
>Anons saying that it would be green and the chaos is over.
A lot of delusional people today

>>17757543
Being ignorant is a choice, anon. I kind of hope you or someone you care about gets it so you see what I mean.

>>17757546
It would be an overreaction if the markets weren't already grossly overvalued. We still haven't returned to normal yet.

>>17757730
>confirmed cases
And nobody even goes to the hospital to get "confirmed" if they don't get pneumonia for fucks sake. The entire methodology is flawed.

>>17757677
I like the coinfags who think 50% profit isn't worth it. They only know 1000x "bullruns" from fake coins, and don't understand that 20% over a year is considered good. But they only have a couple of dollars to spend, but they think they can get whale payouts on the markets. It's adorable.
It'll be even more fun when their parents lose their jobs over coronapanic, and they get told they have to get a job to help pay the mortgage and grocery bills. The NEET tears this year will be epic.

>>17757588
Your only hope is that either the fed or trump announces to buyback the debt all the energy companies own. Effectively guaranteeing them from bankruptcy. Possibly in addition to tariffs on foreign oil. They will only do this if they declare a state of national emergency though since it won't fly through the house. Also if they do that they will Kill Canada so RIP me

>>17757751
he fell from somewhere just like this chart

NEW NEW NEW

>>17757787

>>17757787

>>17757787

>>17757787

>>17757787

>>17756342
>almost half of America is obese
>slapping aggressive ammonia in the lungs of pigs who can barely breathe standing up
No Anon, it's going to be MUCH more fun than that!

Thoughts on SIX $15 Put 3/20?

>>17757677
>knowledge others don't have
they do
its at the top of every single thread
and has been for years
that googledrive in there alone has enough books to satiate any real autist for over a year

faggotry and laziness should never be rewarded
unless you want even more faggotry and laziness
the OP pasta is there for a reason

>>17757779
So what is "normal" in your opinion? Because this looks pretty normal to me right now.

This is not a financial crisis it is a health crisis with financial consequences.

>>17757677
Aside from investing.com are there any YouTubers who explain this stuff without fluff and time wasting? I can grasp indicies, long and short positions, as well as a general grasp of what makes stonks go up and down, but when you start talking industrial averages, bonds, CFDs, puts etc I'm generally (if not completely lost)

>>17757703
Explain how the markets wouldn't have also shit themselves when nearly all goods in the US come from China. Outsourcing was started and strengthened long before Trump was ever elected.

>>17757693
you won't know

>>17757745

I don't think 1K is enough to options trade effectively. If you want, you can stick with really cheap ones, and just buy one at a time, but you're probably going to lose your money quickly.

And bear in mind that options prices are advertised as 1/100 of the price you'll actually pay for the contract, because they represent the price per share. And I mentioned that options contracts represent the right to buy/sell 100 shares.

>Nikkei down 8.0%
AAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>17757768
>Crypto takes -15%+ hits
You could say BTC halved lmao.

>>17757806
Fuck off with this shit.

>>17757730
Which isn't guaranteed fatal if you get it, chimp. I've had pneumonia. I just had to take antibiotiocs and really good cough syrup with codeine.

>>17757739
Please get adblock

>>17757744
God I hate how hard that is...
>>17757848
Jesus. I sold my last share today because I saw no sense in holding it. But goddamn.

I may... god damn it I may do the same with QYLD tomorrow. I expected crab, not full blown bear

>>17757468
>>17757501
I'm conservative af, probably more than you, and voted for Trump. But the Fed's mandate is to control inflation and ensure maximum employment, not pump money into the stock market. $1.5 trillion vanished in a matter of minutes. It literally benefited no one, and the markets will continue to crash tomorrow. Up until today I always thought liberals were retards for wanting their student debt paid off, but after watching this debacle from the Fed I am rather appalled. I studied economics in college and interned at the Fed, so I am knowledgable in forming my opinion on this subject. That being said, the government is literally buying companies, which is basically socialism. Trump said America would never be a socialist country, but him and the Fed are full of it.

>>17757703
I agree. Trump deserves criticism this time, saying it's just the flu bro was the most stupid fucking way to kick this off. Now you've got Pence scolding him for it and Republican senators in quarantine, I'm sure he's pissed some of his camp off.

>>17757770
LOL. Aw, is someone asschapped because nobody is falling for your happening bullshit? Ah bloo bloo. Go cry in pol, they'll jerk you off and tell you the sky is falling.

>>17755445

So is donny just fed up and doesn't want to be president anymore?

I like the guy but I'm finding it hard to figure why he would quarantine a continent then not announce any bailouts.

Also very confused why he hasn't said anything tn after the worst day in decades. Why is he handing the election to the other team like this? He usually will talk at length/comment on everything.

>>17757893
I feel like most adults have had pneumonia at some point, I still have codeine cough syrup left over from when I did. It is bad but not apocalyptic end of the world bad.

>>17756767
I'm hearing a lot about purchasing spreads and how they're superior to buying naked puts, is this true or should I just keep doing the latter seeing as the market is in freefall?

>>17757279
Which state?

>>17757847
Question anon, if a stock is at say 100 and I buy a put at 90 for expiration on April 1st what happens if the stock goes below the value before the 1st? If I don't own any underlying shares of the stock other than my puts.

>>17757864
Hahaha you fucking prick

>>17757839
Most goods don't come from China, idiot. Take toilet paper. It isn't an actual shortage, because most of it is made in Canada or in the US. It's a supply chain problem, not having enough in the pipeline to feed a massive buying spike that's happening.

Is tomorrow the time to start buying again?

>>17758043
Here in Japan, TP is already back on the shelves.

>>17757971
Missouri

>>17758077
I wouldn't, tho I am a bear and shorting spx500 dowj uk100 etc. Making very nice gains (for once lol)

>>17757961
>Also very confused why he hasn't said anything tn after the worst day in decades

Because he has no idea what the fuck is going on, obviously, and for once he realises how far out of his depth he is. Finances is the ONE thing he's supposed to be good at so not knowing what is happening makes him stay quiet on it because if people find out he doesnt know shit (and most of the world isnt sure whats gonna happen, not putting donnie down on this one) then even more chaos will ensue.

tldr hes realised every time he speaks stocks go down so hes staying quiet for a bit

>>17757961
Trump is officially out of his territory now. The economy is about to implode amidst a force money and Twitter can't solve. Literal worst case scenario for him

>>17757931
That's just YouTube homie, had it minimized because I was at the gym when I took that

>>17758167
>Literal worst case scenario for him
Wat? Worst case would be the market tanking without a global pandemic hanging over everyone's head.

>>17758238
It's the worst case scenario because his big mouth accelerated it. Today wouldn't have been so bad if he had announced a bigger push test kits/respirators instead of jumping straight to an EU travel ban yet not declaring a national emergency because Kushner is researching the virus. If there was no pandemic he would take the blame but his response to the pandemic will cause people to blame him for both the recession and the failure at test kit productions. He gave the media so much ammunition to use against him in the last 7 days it's unbelievable

>>17758230
Free adblocker app blocks YouTube ads and lets you play audio thru the app on YouTube without a paid YouTube account.

I.e use the adblocker to search YouTube then put on a playlist, no interruptions for free. I use it for audio books and podcast s it's awesome.

Many people don't know of it so I talk about it every chance I get since it was such a game changer for me personally

>>17758359
You know something is bad when Trump actually keeps quiet

>>17758438
Exactly, the fact that he spent his day retweeting the CDC and doctors is proof that Pence or someone told him to just shut the fuck up