/biz/ - Business & Finance

1th

2th

Sitting on 100K cash what should I do?

bull run tomorrow, are you ready?

>>17895518
Buy DCR

I have 60k(prolly 40k now) in ETFs and bluechips but honestly I dont mind if everything resets to $0.01. I'm only 25 with 40 years ahead of me

>>17895518
give me 5k to turn it into 5 million and finish my sex robot building project.

7th

>>17895520
more like the Battle of Bull Run

because it's gonna be a fucking bloodbath

>>17895520

How could someone profit on the Olympics being canceled/delayed? It's only a matter of time

What's the difference between GUSH and GUSH.MX?

>>17895518
Buy extremely OTM puts

i wish guys would show their chart setups. like, even if you're worried about normies stealing your hot picks, i feel like i'm missing something.

>>17895520
better question is, are you? https://www.youtube.com/watch?v=frooENBy6hM

Imagine if State unemployment goes bankrupt. My fucking God, the riots.

>>17895553
.MX

>>17895518
Stop sitting on it and invest it haha.

>>17895553
.mx is taco flavored

>17895511
God I wish we'd get that kind of death total. Almost all of them would be elderly and as a society we'd save tons of money on their healthcare and their inheritors would get a nice boost to their wealth which would help them start to recover from the damage boomers have caused.

Personally I want to see 10 million dead by the end of it.

>Futures under 3% again
BOBOS BTFO

>>17895518
INVEST IN DPRK

>>17895551
short YEN, short TV companies in Japan, short nikkei

>>17895553
Ole

>>17895563
TA isn't real, dude. It's just voodoo witchcraft.

Read The Intelligent Investor and start analyzing fundamentals. Only then will you master not only the bear and the bull, but also the crab and the snake.

>>17895566
Hmm I'm Canadian and I just use GUSH wonder why the beaners get their own

When you guys buy/sell options one day and close them the next, are you buying the ones expiring ASAP or farther out? That's something I'm still not clear on

>>17895565
wtf how is Oregon that high?

>>17895505
Sitting on 230k in cash, wat do?

The market is gonna crash tomorrow right?

>>17895614
Depends on when I think the put will be valued highest.

>>17895621
Washington State fleeing their pozzed state, infecting Oregon.

>>17895645
put all of it into an otm spy put

>>17895565
Lol California is beyond fucked

>>17895621
>how is Oregon that high?
weed is legal

>>17895574
>Personally I want to see 10 million dead by the end of it.
it makes me glad to know that your life will always be miserable

>>17895621
Socialists

>>17895645
How the fuck do you retards have so much cash?

>>17895651
Four years of gains gone in a week isn't going fast enough for you?

I'm sitting on 20mil in cash, wat do?

>>17895614
My puts expire on the 27th but I bought them way out of the money. That's where I found them cheap and I still expect SPY to drop like 25% by then anyway, or at least get close enough to get a juicy profit at some point. Like even a 10% drop at some point brings them close enough to in the money to double or triple in value, and we all know that's likely. Of course, if volatility were lower they'd be worthless the entire time, so if VIX drops I have to change my strategy.

I'm buying calls in the same timeframe starting tomorrow when everyone starts bleeding. I'm thinking airlines and cruises if we really are going to get an announced bailout. Otherwise just an index ETF.

I have puts that expire tomorrow how hard will it be to sell those at open if its OTM?

ivw got puts on lvs and czr. czr is up 300% cash out or wait till we test 2008 support? all are june 19s

>>17895676
Was making more money than I could spend so I hoarded it

>>17895518
>Sitting on 100K cash ...

Aaaaand it's gone. Feel free to file your claim with the FDIC. Thanks for your business.

I'm sitting on 7 in, wat do?

>>17895676
shilling BSV pretending to be pajeets I assume

>>17895614
Depends on your goal and whether you know anything about options

I don't know anything about options

>>17895673
ok boomer

>>17895651
In my opnion, yeah. It's just a matter of how hard. Futures seem to be crabbing arounr 2.50 - 3.50 below.

Laying on 75K, wat do?

oh come on im not even a fucking bear and it's obvious tomorrow will be red

yesterday was for bulls today's bull day

>no idea how puts/shorts work
>reduced to buying inverse index ETFs like an animal

>>17895687
If dubs, Bail out the S&P

>>17895686
No.

>>17895652
>>17895714
>>17895689
I've been buying the ones expiring 3/20 because they're cheap. So far I'm up 90% but I don't really know what I'm doing DESU senpai

>>17895505
When's the next sticky?

>>17895729
options aren't hard
just look at youtube

>>17895697
That’ll get filled instantly

>>17895729
how can you not know how puts and calls work and still have fucking money in the market? don't you see the newfags asking what puts are all the time?

We will start to go sideways then up. You got your dump. Good news now

>>17895608
theres just such a huge amount of information, and everyone wants to sell me something. today i bought a couple hundred bucks of TQQQ today and made ~6$ a share. is that it? is that all you do? i just feel like im missing something.

>>17895651
You're in the middle of it, anon. They're not single day dealios.

>>17895729
Have you tried trying even a little bit? It took me about 30 minutes to understand Etrade's interface and exactly what it was I was buying and how to sell it back for a profit. Go watch a youtube video and come back with intelligent questions.

>>17895686
let's start at 12 years in a week and comtinue from there.

>>17895686
Hahahahahahahaa,
No. We are going under 19k as the normal.

>>17895697
ticker strike and cost?

>>17895748
i mean, I get it.
Someone wants to buy a stock at $10s
>lol okay buddy I'll get your stock for you
>....
>stock goes to $8
>you buy it
>here is your stock, buddy
>pocket the $2

But still though, who establishes how long you have to turn around and get that first guy his stock?

>>17895769
220 SPY

So tonight I have about $2.5m worth of spy puts.

What the fuck do I do to keep this safe? Cash, nowhere does fdic insurance for that amount, plus the money printers are running full speed and they're designing newer, faster printers.

Lots of phys and gdx and maybe keep a small amount of spy puts in case the inevitable further stock market dumps result in hedge funds panic selling gold prices down to cover unexpected stock losses?

>>17895614
It all depends, I've bought puts on big companies that expire this week, because of an itchy trigger finger, but they're all way OTM, but all my SPY puts and other more strategic ones Italy and Japan are all end if April if not further out

>>17895518
Unironically, wait for crypto to pump for a day or two then go all in on ethbear for the next month

>>17895759
Korean Zombie Deskar was a good show

>>17895776
You set an expire on the put. They can see what puts are available, when they expire and they can buy/sell them from you.

Hmm what do I want to do with my SQQQ hold it and sell throughout the day some time or set a limit sell order and if I do what price to set

IMF Working Paper
“Lost Decade” in Translation:
What Japan’s Crisis could Portend about Recovery from the Great Recession

December 2009
Murtaza Syed, Kenneth Kang, and Kiichi Tokuoka

https://www.imf.org/external/pubs/ft/wp/2009/wp09282.pdf

>>17895776
Bruh, DO NOT sell calls and puts. Just buy them. You are not, and nobody here is, smart enough to know how to properly sell calls and puts without losing literally all their money.

>>17895687
Give me 1 million if dubs

>>17895803
Who knows what the fucks going to happen. The fed is pumping this shit every day now. The higher they pump it the more it has to fall.

>>17895804
>Boomers ruining everything again

>Boeing at 112
Holy shit what an opportunity

>>17895689
how much percentages-wise did they deprecate?

>>17895825
I have a feeling its gonna pop tomorrow once it opens it's up 10% in after hours trading

>>17895538
>the point is to be a reasonably comfortable geezer instead of rich when youre young and healthy
ngmi

>>17895768
I'm talking about the rate at which we are crashing, not the bottom.

>>17895785
>What the fuck do I do to keep this safe?
If it were me, a mix of cheap oil stocks, real estate, physical precious metals, and crypto. Alternatively leave it in cash in your trading account and snap up cheapies as you like. You've basically made it for life. With 5% dividends, investing that much will easily net you $100k passive income every year for the rest of your life.

>>17895745
STICKYS ARE FUCKING GAY

>be me
>get $1,000 check next month, from the U.S. government, to 'stimulate the economy'
>immediately transfer it to broker
>immediately dump it in even more puts
>the feds' face when

>>17895621
white population

Someone explain what is gush

>>17895878
you're supposed to use that money to pay your landlord

>>17895883
Free money. Just bought 1000 shares.

>>17895883
Ok

>>17895878
You are providing some liquidity by doing that though. Not entirely contrarian to the economy.

In 1999, Boston Fed organized a conference on low interest rate policy. US based economists criticized BoJ policies in the conference. Kazuo Ueda, Member of Bank of Japan on hearing all the suggestions and criticism remarked what have become immortal words:

> I must say that one of the most important messages of the conference has been: do not put yourself into the position of zero rates. I tell you it will be a lot more painful than you can possibly imagine.

>>17895505
um.. anons

>>17895883
a mega burst of fruity juice

>>17895883
GUSH is a leveraged oil ETF

>>17895890
But explain

>>17895863
Thank you!

Yeah, I guess leaving it in a brokerage for cheapies makes sense but I'm worried about the brokerage collapsing and only being fdic insured for like 10% of my cash.

Do I just open lots of brokerage accounts?

>>17895883
Don't but any unless you're retarded, I'm not trolling either I don't know why it keeps getting shilled, its going to inverse split next week and the price of oil keeps going down

>>17895918
Problem?

>>17895908
for you

>>17895860
Yeah me too

>>17895918
It'll continue crabbing downwards. DOW 19k by April.

Please say something Trump. We need another -2k.

>>17895815
https://www.investopedia.com/articles/optioninvestor/10/sell-puts-benefit-any-market.asp


Buying a Call - You have the right to buy a security at a predetermined price.
Selling a Call - You have an obligation to deliver the security at a predetermined price to the option buyer.
Buying a Put - You have the right to sell a security at a predetermined price.
Selling a Put - You have an obligation to buy the security at a predetermined price to the option buyer.

>>17895918
why do you think everyone's buying puts?

So if OPEC and Russia cut a deal .. GUSH goes up?

lol

>>17895918
You did buy puts on the only green day of this week right?

>>17895929
you don't pay our landlord.. they kick you out

What happens to options if they SHUT IT DOWN and the options expire during that time?

nikkei holding the green well

>>17895972
I don't understand the significance of this. Can you please explain?

>>17895930
No, if you're seriously that worried about it going up in smoke you need to do what I said, and if you're seriously worried in the short term go out and find someone willing to sell you that much gold bullion and split it up between several different banks' safe deposit boxes.

Making a bunch of accounts everywhere is dumb and not what FDIC was intended for anyway, so check with a lawyer. And don't forget to set some aside for the tax man, if you made all that in this crash they're taking half.

>>17895992
They expire worthless, no joke

>>17895970
Yes.

>>17896023
Thank god i've been writing options this whole time

>>17896014
unironically siding with this anon about the crypto thing

dollar is collapsing anyways

IT'S FUCKING OVER::

https://www.youtube.com/watch?v=ztk3Ti-4yO4
https://www.youtube.com/watch?v=ztk3Ti-4yO4
https://www.youtube.com/watch?v=ztk3Ti-4yO4

The best trader in the world just BTFO all the retarded reactionary zoomers thinking the world is ending.

THE BVLL IS BACK.

https://www.inquirer.com/health/coronavirus/philadelphia-police-coronavirus-covid-pandemic-arrests-jail-overcrowding-larry-krasner-20200317.html


burgers explain this

>>17895967
Yes. When you get that obligation, that's when you have unlimited downside risk. When you have the right, you have unlimited upside risk. Read The Black Swan and Antifragile to get a better understanding of why that's important.

>>17895505
Is there a way to find out the identity or at least communicate with who exercises your options? I need to make some kind of a deal

>>17896048
>Listening to boomers that are scared shitless that their house of cards is imploding
lol

>>17895780
sell those 30 minutes after open or get fucked by theta decay

>>17895863
This is literally why bitcoin was created

>>17895970
Oil jumps yeah. Don't count on that being soon though. They're not going to capitulate until they run some oil producing countries in to the dirt or they can't sustain the low prices anymore themselves. Corona is still a massive damper on demand regardless of production cuts. Price target for truce maybe $45. It will struggle to break $50 until demand is back and Corona settles down.

>>17896056
i'd want to know too just curious

>green day
>red futures
>red day
>green futures
>green day
>etc

why the fuck does this keep happening?

>>17895994
Nikkei is repeating what the US did today. This is their pump. Once their market closes futures will shit.

>>17896077
Elliot Rodger waves or something.

>>17896048
Boomers are so used to the fed holding their hand that they think they know anything. The fed can't stop this.

>>17896056
>I need to make some kind of a deal
You're fucked aren't you?

>>17896077
Market is trying to find its bottom.

>>17896056
Lol no

>>17895972
Great depression soon fellow ausfag

>>17896077
fed keeps pumping shit but bad news scare the money

>>17896070
Why 30 minutes after, why not right after open?

>>17896077
Someone, somewhere, will fall for the Friday-Monday drop this week.

Is the S&P 500 gonna dump again? Thinking about selling BTC

Can someone here kill putin and the Saudi prince please ?

>>17896069
>>17896092
Cope.
We are literally bottoming out.
I'll come back here next month to laugh at all of you when the market makes new highs.

>>17896077
Welcome to normal trading.

tomorrow red
thursday green
friday red but darker

>>17895518
SNSS

>>17895930
Yup, all in this crash, so taxes gonna hurt.

But those are all good points. Thanks again.

HOLY FUCK GAMBLING IS CANCELED!

Now that Nevada has canceled gambling, I wonder what other activities we could do that would be similar to gambling, but are not canceled. Hmmmmm...

>>17896119
let the market get some bear momentum

>>17896132
See now you're thinking like an oil trader. Fyi you want war in the middle east. Official hot war.

I think people will just go back to work regardless of the virus and just accept a lower life expectancy(dying at 70 instead of 85) rather than live in crushing economic despair lmao let's face it nobody wants to be old anyways

>>17896048
>technicals
kek

>>17896125
Nobody's so stupid to hold their positions over the weekend are they? Right?

>>17895565
i’m unemployed af and comfy in ARRegon

>>17896153
I've seen you shilling SNSS for the past few days, what do you think it could possibly do?

>>17896175
Never underestimate the eternal boomer and his desire for eternal life. They spend millions of other peoples' money keeping them barely alive in hospital beds for years...

Shorting $TSLA is king shit. I love watching Musk seethe in autistic rage.

Are were seriously just going to crab around -3.00?

>>17896159
Cesar stock is going downnnn

Even if it was only .26%, I had a green day...on St. Patrick's day! Mostly due to entering IRM at the right time and QYLD actually having a slight pump

>>17896192
Ignore him he is an actual felon and a scam artist and shills on here constantly

>>17896158
No problem man, congrats on your winnings. Even just 1M in dividend producing stocks will give you a comfy $50k/yr of passive income, you could go full NEET if you wanted to. Stay comfy.

>>17896144
Green week

IS TOMORROW GOING TO BE THE BOTTOM OR NOT. I'M FUCKING SICK OF THIS SHIT

EVEN IF IT IS PROFITABLE IN THE FUTURE, MONEY ISN'T WORTH THIS FUCKING STRESS

>>17896159
>>17896226
MGM in the shitter since the start of the month, I think it time to accumulate some leap calls

>>17895815
Vertical spreads are great

I would guess 99% of the people here don’t have the margin requirements to sell naked options

Quick reminder that these massive gyrations are being caused by MM algos. They are fucking you guys on the downswings and on the upswings. The market is rigged. You guys are pawns getting fucked by the big boys. Why do you still participate in this rigged shit?

>>17896182
>williams
>technicals
not really brainlet
all his work is fundamental and based on cycles and correlations
he literally never been wrong

>Williams won the 1987 World Cup Championship of Futures Trading from the Robbins Trading Company, where he turned $10,000 to over $1,100,000 (11,300%) in a 12-month competition with real money.

what am i supposed to do while the market is closed

China should sell all of its U.S. treasuries now just for the heck of it.

>>17896271
dont threaten /smg/ with a good time retard, im a slut for punishment

>>17896134
Lmfao new highs bruh lemme get whatever you’re smoking

>>17896285
due dilligency

>>17896261
We're months away from the bottom, anon. If you can't take it just stop looking at it. Seriously, stop checking your portfolio and stop browsing /biz/ and stop watching the news. It's that easy.

If you're bored, I recommend picking up a crippling anime addiction. It'll definitely eat up your time.

>>17896261
This will be worst economical crisis EVER

this is only the beginning and the world will be reshaped after it's over

>>17896285
have sex

>>17896285
Wait for it to open.

CNBC.com
Published 8:38 AM ET
Fri, 22 May 2009

As the Federal Reserve throws more and more money at the economic crisis and holds interest rates down at historic lows, it could be inflating a devastating ‘bailout bubble,’ Gerald Celente, director of Trends Research Institute, told CNBC.

We’re looking at a bailout bubble that’s way bigger than the dotcom bubble before it and the real-estate bubble that we’re now getting out of, or attempting to,” Celente said.

“This is unprecedented; the economic system is being restructured,” he said.

The real-estate bubble was born out of the aftermath of the dotcom bubble because the Fed slashed interest rates and made more funds available, according to Celente.

But because the US government now has a vast equity position in financial institutions, it could mean that there is no bouncing back if a bailout-induced bubble bursts, Celente said.

“When this bubble bursts, there’s no reinflating it because of the government intervention into it so deeply,” he said.

“As you look through history, it seems like governments become emboldened by their failures,” he added.

Celente pointed out that according to the Italian fascist leader Benito Mussolini, the merger of state and corporate powers was called fascism.

“We could call this fascism lite,” he said, referring to the government involvement in free enterprise. “After these kind of catastrophic collapses, sometimes they’re followed by war.”

https://www.cnbc.com/id/30884871

>>17896285
Find another way to make money.

>>17896278
Some 18 year old retard on wsb made 62,000% return in 1 month, why don't you ask him for advice?

Philadelphia performing catch and release only for “non-violent” crimes during covid.

>>17896320

>>17896175
I've got a low key death wish anyway. It's cool..

>>17896048
Lmfao, look at this fucking desperation.

>>17896214
Yes.

>>17896285
Trade on other markets, play online poker, do sports betting, trade crypto, bet on anything you can find online.

>>17896325
Not him but I've read Fooled by Randomness and I know that's meaningless. If he doesn't exit now he'll blow up and lose it all when we start crabbing as he chases gains that just aren't there.

>>17896325
Because a guy who has been consistently profitable for 60+ years trading is much more worth of listening to than a retarded faggot gambling options.

I bet someone made more money in Vegas playing poker this week too. maybe we should ask them for investing advice too?

Mindlet simp dumbfuck .

>>17896364
Oh wait. Somebody is pumping a bit.

Why are we pumping?

What was the futures pump?

Do I have this right?

If I buy a call then I purchase the right to buy a 100 shares at X price? Only I can exercise the option (or whomever I sell it to can)?

If I sell a call I need the shares or money to buy them to cover it if it’s exercised? Assuming I create the contract?

Puts is opposite.

So if I buy a call I’m buying from John Doe? If I sell a call I bought from John Doe to Jim Bob and Jim Bob exercises the contract then John Doe fills it not me?

>>17896327
>Burglary
>Theft from persons
>non-violent crimes

Hey guys leaf fag here. I'm so tired of paying 8.75 a trade it's really cutting into my profits what platform can I as a canadian use that has better fees

>>17896424
shut up
please shut up

>>17896309
Me on the bottom

>>17896327
>nonviolent
>mugging

>>17896327
>>17896438
I'm sure this will go over well.

>>17896424
Yeah that's basically correct.

>>17896398
You can throw darts on a board and be consistently profitable, markets go up over time. If he could reliably repeat an 11,000 percent gain, he wouldn't need to waste his time shilling on youtube.

>>17896424
just sell a call and find out my guy

>>17896398
You think he makes money by telling plebs his secrets, you fucking retard?

>>17896424
if you sell a call you must have the stocks you're selling the call on. the buyer buys a call and exercises the option, he buys YOUR stocks at the strike price. but there's not a real need to move any stocks. you just need to have the money the stocks are worth.

Should I be buying, or do we still have room to fall?

>>17896411
>>17896422
>>17896420

It looks like an anomaly. Seems to be dumping.
That was weird.

>>17896424
There are option writers and option holders, if you write an option there is a chance you may get randomly picked from a pool of option writers to get assigned

>>17896484
It's falling

Which liquor companies should I buy

Alright.

So Ford and the detroit car companies are officially working with the union to not shut down factories.

Decent news.

But. This opens them up to a severe risk for spreading the virus amongst their workforce. I'd bet that this workforce isn't the youngest and are a high risk for death. If a worker dies after this, factories will have to close and instead of getting ahead of the problem it will be a larger problem.

What does everyone think? I'm in on F puts.

>>17896484
check futures my man

>Trump condersing to give every American $1000 check
Did the Yang gang won?

>>17896484
Probably
>>17896327
Are you saying there’s a firesale on Hooker pussy in philly, and I wont even get locked up for it?

>>17896494
KTOS and NET, Lockmart and Raytheon

>>17896212
What's your position? I've got 10 of them for 5/15 @$300. Already up 7k.

>>17896501
according to Yang on CNN he's been personally coordinating with the White House on implementing his plan so yes

>>17896458
you really like this gif anon

>>17896490
So...my question is when I sell an option I purchased from the writer I can’t be exercised? The new buyer can exercise and the writer is on the hook for the stock?

>>17896484
We have months of decline ahead of us as coronavirus gets more serious. Here's some of the fun stuff coming ahead:
>mass deaths overseas (Europe)
>hospitals overwhelmed overseas (Europe)
>nationwide shut down (USA)
>test kits produced, real and massive scope of the infection revealed (USA)
>hospitals overwhelmed (USA)
>mass deaths (USA)
>end of quarter reports revealing the real economic damage of the nationwide shutdown (USA)
>repeated failure of government interventions in the market failing to stop the decline (USA, Europe, Asia)

All of these are bearish events.
The ONLY positive event would be
>creation AND mass release of a vaccine
But that's a minimum 12 months away. By that time the virus could have burned through the population and killed off up to 30% of everyone who gets it.

>>17896501
Kind of, because Yang wanted UBI to be a monthly thing, but this might be a one-time deal

>>17896501
they are thinking about going to 4K for people making under 100K

>>17896467
>>17896473
https://celebstrendingnow.com/larry-r-williams-net-worth/

>Larry Williams net worth 2020: $122 Million
>2 retarded NEETs net worth in 2020: $122 (combined)
Yeah, I'm thinking you two incels should go KYS at once.

>>17896572
not happening - that was one representative

>>17896572
NEETgang wins again

>>17896499
I think nobody is going to buy a new car for the next 5 years, and the bottom is -60%, not -30%

why are us neets excluded from yangbucks?!

>>17896525
I have 2 for 3/27 for $400. They will be in the money tomorrow morning which feels nice. I'm sad that I split between $TSLA and $AMD when $TSLA was the better choice to put.

>>17896510
You will get arrested “after covid is dealt with.”

Started DCA today, going to throw $100-$200 every day until i reach my average cost, hope we dip for years

Futures down, red day tomorrow

>>17896595
because you contribute nothing but misery to the world that rejected you

>>17896441
Same RBC has took at least a grand from me.

>>17896499
Whether or not the factory remains open is a moot point. There's no demand for new cars. Who wants to give a company the right to bankrupt them when we're heading into a recession at breakneck speed?

>>17896566
What you said is correct.

Different scenario: you WRITE an option, and the guy who bought it sells it to some other guy. The WRITER is still on the hook for that option.

>>17896615
They're up from where they were a bit ago.

>>17896590
Possible. GM is delaying car payments by 4 months on new cars, with seven (!!!) year loans at 0%. They're begging you to buy, so they know it'll be bad.

RED day tomorrow boys !!! SQQQ

VOICE OF REASON
VOICE OF REASON
VOICE OF REASON
VOICE OF REASON

>>17896632
the call's owner changes but not the writer(you), that is

>>17896441
>paying 8.75 a trade

What the fuck.

>>17896590
Cars are one thing you can't live without in America. The market may hurt but it will never completely go away.

>>17896635
>with seven (!!!) year loans at 0%
well, you know... deflation is coming :)

>>17896568
The end is near!

>>17896647
oh vey delete this!

>>17896632
So buying already writer options means I can only lose what I purchased them for. But writing options means I could lose 100x the stock price when exercised? I’m a poorfag and am trying not to let the bank take my house and car because I bought an option and the market beat me.

Let's say the crash is over, what are the best bull stocks right now?

Friendly reminder to not believe the filthy Chinese lies. A vaccine developed this quickly is unfeasible.

>>17896580
And why would I care about the opinion of the worlds 1X,XXXth best investor? I can guarantee you I've made much more money than you from my investments. The $40,000 I have in options is just my fun money.

>>17896653
There's plenty of used cars. Pepboys might be a good long term buy actually.

>>17896653
The difference is, everyone constantly trading up into the new year models will stop. People will buy used much more often.

Dump sqqq tomorrow morning?

>>17896674
Literally any of them.

>>17896653
When people buy new cars it's a status symbol move. We have millions of cars for sale from 2008 and beyond that work just fine, and the overwhelming majority of Americans already have cars that work.

They'll repair them or replace them with used cars. There's a reason Ford barely survived the last recession.

>>17896653
Yeah but i think a big part of new car sales are people who upgrade when they don't really need to. Even people who are financially okay will wait to make big purchases in a situation like this. And this situation is going to last a very long time

>>17896580
So after 33 years he managed to make the amount of money he logically would have had the very next year if he were capable of reproducing his results consistently?

>>17896566
option assignment is random, a specific writer may or may not be on the hook. After you sell a contract you didn't write you collect the premium and you have nothing to do with that contract anymore. Also if you are holding an ITM option your broker may auto excise at expiry or sell the contract an hour before market close on expiry .

>>17896616
This
>>17896595
Human debris

Think it's going to crab tomorrow, whats the best way to make gains of it?

>>17896568
>make vaccine
>only works against one strain from a few months back and is practically useless
Shan't be surprised.

>>17896595
Who says neets are excluded? You can make 0 in wages and still file your taxes.

>>17896595
What the fuck do you need money for?

>>17896716
Puts on $TSLA are free money if you can afford the premiums.

>>17896585
>>17896595
pay your fuggin taxes

>>17896670
>So buying already writer options means I can only lose what I purchased them for. But writing options means I could lose 100x the stock price when exercised?
That is correct. If you want to limit how much you can lose, you should only buy options. Buy calls if you think the price will go up, and buy puts if you think the price will go down. If the option goes up in price, you can sell it before expiration. If it goes down, you can either hold it until it expires or sell it at a loss. But you only ever lose what you spent on it initially.

>>17896622
>>17896441
You're paying for a service, price of the game. 9.99 @ TD. Quest trade only charges $5 and free for ETFs

>>17896691

probably. only way to know for sure is wait and see. trying to call it day to day here is impossible

>>17895686
It's ogre.
AHHHHHHHHHHHHHH

AHHHHHHHH IT'S FUCKING PUMPING BACK

>Futures pumping

OH NO NO BEAR BROS WE GOT TOO COCKY

>>17896751
If this shit ends green, I'm gonna eat a fucking bat.

>>17896716
scalping

>>17896674
If you're asking what's good after a crash is over...you're basically saying "What do I buy when stuff goes up?"

>>17896692
Is right

>>17896658
Could be, but still. 0% APR wasn't super common, and on a 7 year it's really crazy.

HAHA BOBO IS SCARED NOW

Fuck it I'm placing my options application with schwab now.

>>17896739
Quest trade? Really?

>>17896740
Jesus Christ, Etrade is free on buying and selling stocks, and only a modest $0.50 commission on options.

>>17895518
Wait until 2021 and put it all in SPY

>>17896048
If the panic was market driven, yes.

It isn't. It's panic about a virus that will just keep getting worse until AT LEAST June.

>>17896739
Heard a lot of bad things about Quest trade, do you personally use it?

FAKE AND GAY FUCK THE FED

should I sell my SQQQ if it hits $30 or is it going any further?

There are too many shorts. The squeeze will be bad.

>LET ME IN

>>17896652
Tell me about it I use qtrade I'm in Canada

>>17896771
We literally hit limit up last night and lost it all by open. Shit is so erratic

>>17896775
How does one go about doing such a thing? Do i just pick a stock and just fucking stalk the fuck out of it?

>>17896779
BACK TO THE SLAUGHTERHOUSE MOOMOO

Is this the bottom?
Is it safe to buy yet?

>>17896751
Do you think one day in the future, history "books" will have your gif as a visual aid describing what happened during these times?

>>17896829
flip a coin, if heads, then yes

>>17896829
if you're asking it's because no it is not the bottom

anyone here buying animal crossing?

>>17896595
Wait what?!
Neets are excluded???

>>17896608
That’s assuming there’s still law left after COVID is dealt with.
Didn’t you hear?
I liquidated everything.

>>17896809
I'm personally gunna bail as soon as it looks like it's turning around. It can crab. It can dump. It can pump. Who the fuck knows. The fed is fucking with it and doing everything they can to prevent it from crashing.

>>17896771
Chaos Magick is at work.

>>17896441
Fellow leaf
Interactive brokers is the best but you need to meet the requirements which is usally a lot of capital
Questrade is second best and what I use

>>17896458
The thumbnail is the same face I made

>>17895846
I think they should just let that shit drop but you know they'll just sign bailouts for anything. I should probably buy some by I like to pretend they'll go under.

>>17895879
From wiki:
>Oregon White 85.1%
>California White 59.5
Top fucking kek

I sold my stocks and bought bonds and gold, how fucked am I?

>>17896880
that sounds like a good idea

>>17896838
I mean, I wouldn't be surprised if education used memes to convey fundamental information. If you understand basic finance, you understand exactly what that gif is conveying. Meaning is use, see Wittgenstein.

I don't think blacks will riot for no reason. There has to be a pretext of racism, such as Freddie Gray or Rodney King.

When their grandparents and parents start getting turned away from hospitals due to overcapacity, there will be riots. But not until then.

The person who brought my uber eats earlier was an old woman. Hope she doesn't get corona.

>>17896778
>>17896692

>>17896897
stonks are going down

>>17896867
I am.

futures down

>>17896880
I'll probably do the same, but there's definitely plenty of room to drop. We haven't even hit 2018 levels which were triggered by a fucking .5% interest rate hike.

>>17896925
>I don't think blacks will riot for no reason.
Hahaha nigger

>>17896897
If you plan on holding them for a decade you are safe (bonds) Gold depends on corona, if it goes for longer than august you may see a very big spike and surge in prices.

>>17896943
I'm pretty sure we've dumped beyond 2018 levels since 2018 didn't put us into a bear market.

>>17896942
Don’t believe on that. Tomorrow is Green Day !

You guys have got to stop fucking freaking out over every rise and fall. We are in an extremely volatile market right now.
You should be expecting this.

>>17896897
just remember to sell the gold. people who hung on through 2011 got hosed

AAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAA

Some health policy analyst said something that led me to believe they are considering road blocks and shit?!?? I went to visit my family in a shelter in place area... how long until I am not allowed to go back??!!?

She’s also talking surveillance systems and shittt!!


AAAAAAAAAAAAAAA
MY RELATIVE WITH CANCER IN BRITBONGISTAN IS GETTING TESTED FOR COVID AND THEY WONT KNOW FOR THREE FUCKKNG DAYYYSSS!!!! HER DAUGHTER CANT EVEN GET THE TEST!! BORIS WHAT DID YOU DO???

>>17896780
>>17896801
I use it for my ETFs, i eat the $9.99 trade fee from TD for all my other trades. That said, i buy minimum of $1000 per trade, that way it only costs me at most 1%. Other guy i work with uses Qtrade exclusively has no problems, and he has access to the IQ trading platform ( so he can sit in public and look important ) Otherwise my another co-worker i have uses CIBC, they charge $6.95 per trade i believe.

>>17896966

its fun though

>>17896880
What scares me the most (as a bear) is the UBI package stirring up in Congress. Long term, it won't do jack shit, but it may result in a short term rise. Don't want my weeklies to get destroyed.

New Bread:
>>17896992
>>17896992
>>17896992
>>17896992

>>17896964
Not yet, we hit -19.78% in 2018, just shy of the official definition and prices started a bit higher this time.

>>17896942
yea, but it was bordering on -4% not too long ago. Now its only at fucking -2% reeeee I was gonna sell my puts tomorrow morning

>>17896800
see
>>17897045

>>17896965
>Major lockdowns declared few hours ago
>More time on quarantine
>Less business operating
Its fall (monday) dead cat (today) slow fall (tomorrow) panic sell as people get scared (thursday) trump speech and pump (rally friday)

>>17896964
>completely forgetting about coronavirus

>>17897138
How did I forget about Corona?