/biz/ - Business & Finance

Markets will dump Monday. Trump did signed an executive order only on renters assistance. Everything else is a memorandum

You boys ready for this fucking moon mission?
I’m buying the open on Monday

>>21153009
That is why I am buying puts on everything.

>>21152955
Huge green on Monday. Trump has single handily saved stock market and bail out all of your losers ass.

>>21153009
>>21153070
Duality of man

>>21153009
Invest in rocket companies boi

Loans are going to rocket once the handouts stop, and it’s value is protected by its mortgage stock that should counterbalance defaulters.

>>21153009
how many levels of cope are you on

>>21153070

I'm going to block trump's order, and the knee jerk reaction will be redder than had he did nothing.

I can’t wait for people to see how much better their checks are minus the taxes and vote right

red day monday, im selling my TQQQ on open
this is going to get bad frens

>>21153009

boards.4chan.org/pol/thread/271705484

This thread has discussion on the nitty gritty of the renters assistance EO. It's way more limited and weak than it appears at first glance.

>>21153009
Fuck America Buy Japanase stocks

I just want safe and reliable stocks that have good outlooks. What can I get besides microsoft/apple?

>>21152653 #
Nigger, I'm a fucking driver. Only SurePost
is passed to the PO (not all smalls), and only if it's under 12lbs and the only pkg going to that address that day. In even marginally rural areas UPS & FedEx are the only services that will del to your door, and even fedex (little smaller network than us) delivers to more HOUSES than the fucking post office
>USPS drives rural routes everyday AND delivers a majority of packages in town.
kek. The volume going to the PO in a city of half a million fits in 3 p1000s

>>21153249
google

>>21153255
if you're a driver then should I buy workhorse?

>>21153249
TSM and TQQQ
When those are red just move in SQQQ and IWM or if you just want to sit out and leave your money invested for small gains MINT or FLOT

>>21153249
Oil companies like shell and BP

Oils collapsed due to chinky flu, no one can afford another lockdown so oil selling will resume and after a few years the prices will reach 2019 levels again, and oils only going to get scarcer as time goes on.

In short, oil for guaranteed long term profit

Hoping SLV pumps up. Not sure if i want to stay in it if they don't start up the money printer.

Now that Americans are getting $400 a week in unemployment gibs, Amazon is going to moon.

Excelsior!

>>21152955
the original brr kek

>>21153367
You should be playing the contracts. OPEC can't stop POOMPING for long enough to have oil prices "recover".
You are in for the long baghold.

When is the right time to buy chinese stocks?
Im expecting biden to win the election and a mooning of chinese stocks as a result, when do you think is the optimal time? September?

Fucking hell I wanted 2400 bucks again. This payroll cut while nice won't give me that plus it's only gonna fuck me next year when they ask for that money back. So it won't do me a lick of good except in the short term.

How do the new EOs affect my taxes? I make $55k a year if that helps.

Everything is in place to sell my first option but I'm nervous. What's an easy beginner trade? I had a cash secured put on KO or MCD in mind.

>>21153481
too early

>>21153442
Yeah but I’m buying now where it’s at it lowest and after say a year or two payout

>>21153367
oil is the opposite of safe and reliable

>>21153249
Boomer stocks like BRKB WMT/TGT KO/PEP XOM/RDS BAC/JOM

>>21153249
Im you from the future DONT LISTEN TO THIS FUCKER >>21153367
HE WILL RUIN US, DAD WILL KICK US OUT AND KIMBERLY WILL BREAK UP WITH YOU.

>>21153661
Negative

Oils crashed since wu flu, and I guarantee the opec bois will create artificial scarcity once we go back to normal to rehike up prices.

9 Contracts ( $1,475) for calls in USO at a strike price of $37. ($1.64 per share) expiring on 06/21/21. If USO spikes back up to $100 I'll have effectively turned $1500 into $55k.

Pray for me anons

Can't wait to hear more landlord kvetching while my equities pump ever higher

where were the anons making a discord where we all chipped in and voted(i think that was the idea)

>>21153009
so does that mean REITS will dump? sorry, brainlet here.

>>21153581
credit spreads are the easiest. risk/reward is defined upon making the trade

I have 9 calls for FAS

Did I made it

So regardless of whether the things Trump wants are executive order or memorandums, should I be buying SILJ and BTG this week?

>>21153736

so basically anyone who's not 0% cash is a cuck and about to lose out on the August bull run

Want to make millions?

Alibaba calls.

They've beat earnings (high estimates) 4 quarters in a row.

They're owned by the Chinese and they will fudge numbers to prove they're better than Amazon.

Only non-niggers should take this advice. Since I want them to make it.

I'm the guy who shilled Zillow before earnings, so I got a good track record so far ;).

>>21154006
>>21154006
What to buy though?

>>21154018
is there a chink cloud provider, chink shill?

>>21154020
TSM obviously

>>21153943
Gorgeous
>20 gaps between rises in stock price
>already at ground level
>price regulated by OPEC so unlikely to go lower
>can only go up

God I’m going to make a lot of money if iev got this pattern right

>>21154018
no thanks chang

>>21153796
I wouldn't do USO calls.

1) Even the Chinese are going from oil (See Nio and Tesla sales).

2) Virus likely to get worse in fall

3) Still have excess reserves and production.

They're better opportunities elsewhere.

>>21154018
Is that chink company excluded on the audit list?

>>21154126
Whats a good long call play for turning $1500 into mountain?

>>21154150

yolo on options for reits

>>21154062
Lol, chink shill.

I'm not an expert on cloud computing

I just know in this environment online retailers destroyed earnings (See Amazon). Alibaba should do perform excellently being that they're an international giant and they're backed by China.

Like Jim Cramer, I just want to make you some money anon.

Yeah the virus is getting worse here. We're up over 6% positively rate now. Right in time for schools to open back.. Sale event round 2 may be a coming sooner than you think. All those kiddies. Virus carriers each one of them.

Why yes, 10% of my portfolio is Alibaba. How could you tell?

>>21154150
Just be aware that Alibaba is going to see some negatives this week (thanks Trump :(....). It should go to 300 by October.

Just be safe when it comes to calls. You don't need 400 otm call by October.

>>21154182
kek I was genuinely asking if there was a cloud provider in china I should look into

>>21154018
All Chink companies doing business in the US will need to be audited by the US or they will be delisted. Better get ready to short

>>21154286
Like I said Anon, I'm in the logistics field. Not into cloud computing or semi-conductors. Other anons here can help you out.

TSM seem like they're a safe option judging by other anon's advice.

>>21154300
I can see that happening.

Just be safe when it comes to calls.

Alibaba WILL kill earnings. But they're also in the middle of these trade spats.

Earnings in less than 6 days.

>>21154390
Oh ok. They have to be audited in the next 2 years is the new rule

>>21154286
Take a look at Taoping.

>>21154076
>price regulated by OPEC so unlikely to go lower
No guarantees. May happened partly because of OPEC.

>>21154323
TSM monthly report soon too, if it dips i'll average up more

Reply with your picks and I'll explain why you're wrong

>>21153255
USPS delivers front door for all Prime packages as well as Large priority mail, goofy right hand drive trucks are always pulling up to my home. UPS and FedEx have only been delivering odd man out parcels. UPS specifically has an iron grip on rural business heavies. FedEx rarely comes this far out rural, the contractors get lost an hour and half from their sort. Amazon has developed it's infrastructure to cut out a lot of the business they did with UPS, and USPS got fucking fleeced with their contract to do final mile. It's been a few years since I've worn brown so I'm sure that Amazon volume has been replaced with heavies and other parcels but years ago UPS was a glorified Amazon - USPS middle man. Just what I've witnessed personally. Good luck during peak this year man, hopefully the UPS price raises make their way to your pocket.

>>21152955
You know that's impressive drawing considering that all they had was old die presses and shit back then. Why don't they make political stuff like this anymore...

>>21154076
OPEC member states derive most if not all of their revenue to fund state and social programs from oil. They simply cannot turn everything off for months at a time to bring about scarcity. In large part now because of massive oil reserves held in China, India, and the US.
You should be playing the oil contracts first which will move months or YEARS before the oil companies do.

Why yes, I am long on RKT

>>21154182
fuck
i really should've bought some chinkshit garbage like BABA, SMIC, BILI, CHIK, CQQQ, or KWEB

>>21154631
FUCK
I knew there was something I forgot to do!

>>21154631
Good boy
Prepare to sell when the trump bucks end

>>21154536
DPHC
WDC
WKHS
OLN

>>21154536
KODK
WKHS
AAPL

>>21154536
TSM
AAPL
SLV

>>21154536
Silver Futures
SLV Calls
KODK Puts

>>21154631
whats the hype about this again? i just realized its a brand new ticker

OIL or keep my LINKIES?

>>21154536
RKT
WKHS
TSM

>>21155187
keep your linkies

>>21155119
You're watching anons grab heavy ass bags right before your eyes.

>>21154536
MITT
ATVI
GE
MFA
X
TWO
IVR
NYMT

>>21154536
NET CLSK INSG RKT

>>21155287
>X
I actually want to hear your reason for this i looked at the chart and that was some nice growth

>>21154909
>fake company
>china
>fake deal with usps
>cant turn a profit

>>21154956
>meme
>fake business deal with usps
>china

>>21154965
>china
>china
>JPM about to rape silver

>>21155048
>JPM
>JPM
>buying puts on irrationality

>>21154286
BABA also provide cloud. They are kind of like Amazon + PayPal>>21154286

>>21154536
TSM
REI.UN

i sold off my other meme picks (penny stocks and oil) and just averaged up on TSM.

>>21155430
>Lost money and took a break
>Lost even more money
>All in on the Silver Dip
>>JPM about to rape silver
Can I win? Just once? Can I just get a win?

>>21155562
>Can I win? Just once? Can I just get a win?
Take solace in the fact that /SMG/ is literally wrong about everything.

So if TSM gets a factory in the US, are they going to get a US based stock ticker?

for example YUM and YUMC

>>21155562
change the way you pick bets. Fundamentals still matter in clown market.

>>21155405
actually i did what you just did. all I did was look at the chart and didn't do any DD at all. i bought it at 6.58 and I figured it was bound to go back up at least $7 since it's a commodity stock which it did.

>>21155684
kek

>>21155190
>implying interest rates can get lower
>usps is not going to fucking pull through with the deal
>china is big loser

>>21155287
>interest rate go up
>dropping the ball on content
>buying a remnant of a lost industrial era
>bankruptcy inc
>not a viable business model for a developed country
>literally mortage rates can only go up from here
>holy crap kid
>dude fuck

>>21155386
>archaic garbage
>overbought
>ban incoming
>you guys are gonna get raped by the rate increases

>>21155633
Yeah, it does when you go -5% when you get good earnings.

>>21155631
lol maybe try not to expose how clueless you are on what TSM even is

>>21155766
earnings aren't everything. do you think intel has good fundamentals?

>>21155763
>bankruptcy inc
but they just announced 0.05 dividend recently

FAS
TNA
DFEN
MSFT

those are my picks tell me whats wrong with them thx

>>21155799
i am clueless to what TSM even is. its not like i hold a position with them. How about actually answering my questing, Mr Cool Stonkwiz

>>21155923
Lol

>>21155873
I knew they were going to lose sooner or later. Just the way they handled things is enough for me to know it'll tank. I just didn't know when. It'll probably go down even further now but I wouldn't bet on it.

>>21155430
>JPM about to rape silver

>>21156014
Got puts on Intel expiring on 8/14. Hoping they tank this week.

>>21156026
Do you have any clue at all how much silver JPM owns

More than anybody

>>21154631
Ahahahaha no you’re just a fucking bagholder and I’m holding RKT too

>>21155766
Earnings don't mean a whole lot of their guidance is shit. That should actually be a sign for you to GTFO until further notice.

>>21156115
Oh, I know. But unless they crash it down to below 24, I'm good. They couldn't hold it down forever.

Should I pump and dump HCAC, HCACW or HCACU?

Don't hold on to these shortbus EVs they're gonna fuckin dump

>>21156199
Seriously why are you retards buying stocks linked to mortgages first off, when this country is likely going to go into a depression in the next decade. Secondly why would you EVER invest money in a company ran by that fucking retard Dan Gilbert?

So hold on. These school shooters don’t have to pay any income tax now?

Why doesn’t UK adopt this instead of paying people to stay at home doing fuck all!?!

>>21156317
>this country is likely going to go into a depression in the next decade
Yeah, but who gives a fuck, I won’t be holding it then.

>>21156373
>he thought "europoor" was just a meme

>>21152955
Not sure if anyone got the Email from CLSK yesterday? I got it at midnight any idea on what it will do to stock price?

>>21156317
Because rocket has a subsidiary company called quicken loans

They basically can cheat the system by giving loans to people who can’t afford to pay their mortgages, at the rates they set.

They can basically keep a prolonged bubble by robbing peter to pay Paul (I.E giving people loans to pay off the mortgages they gave them) and makes it a stable bet.

>>21156400
That's a fair point but just as a word of caution it seems like they are writing mortgages to just about anyone these days. My fucking retard cousin got approved for 225k at 3%. There is no way he can handle that size of a loan. It's going to be the housing bubble all over again.

Is movie night anon here? What's on tonight?

>>21156317
Interest rates won’t be raised for another 3-5 years.

2008 was literally 12 years ago. The market literally crashed when they tried to tame inflation by increasing interest rates.
Do you really think they will repeat the same mistake so soon? Idiot.

>>21155948
it's a multinational company

>>21156317
This decade will go down in history as the brrrrrrrrrrrrrrrrrrrrrrrrrroarin' 20s at which point the reset button will be hit and FedCoin will save us from ourselves.

>>21156515
>do you really think they will repeat the same mistake so soon? Idiot.
Lmao ohhhh boy. You really are clueless. Of course they will, and they will get bailed out again and you're gonna lay for it.

Basically buy rocket, wait until trump bus ends, ride the wave for a month while everyone takes quicken loans, then bail on the rocket stock.

>>21156527
The only thing this decade lacks compared to the 1929 crash is brokers offing themselves from new york sky scrapers.. Been a wild year that's for sure.

Thoughts on my portfolio?
Also 614 LINK

I think BABA will continue to preform, despite the China / US propaganda

>>21156115
>More than anybody
Yeah and they've been forced to deliver, see https://www.youtube.com/watch?v=9EOPKizJ_Y4&feature=youtu.be . They're at the point where so many people want silver, they can't manipulate the price anymore.

Am I the only one who doesn't think we're going to into a super huge depression?

>>21156732
>brokers offing themselves from new york sky scrapers
I've never been so blue-balled before

>>21156732
We've got better. 20 year olds with a million dollars of margin jumping in front of trains because they have no idea how any of this works and red is means dead. https://nypost.com/2020/06/17/suicide-of-robinhood-trader-exposes-dark-side-of-small-investing-boom/

>>21157038
>we've got better
I feel nothing from this though.

which penny stocks are you guys looking into for next week?

>>21152955
Remember to sell puts to the line go down maybe line go down now retards

>>21154536
Except im right and it's going $1+ EOY.

Be there or be square.

Jesus Christ get me off this fucking ride

Hear my lamentations oh Lord

>looking at stonks
>find this company
>literally what the fuck is this

T-totally not 2000 all over again, g-guys

TNA blew through my CC.
is it a good idea to pick up some more and do another 40 delta CC.

>>21157378
Forgot pic cus retarded

>>21157133
Chekd. Feeling nothing is simply a symptom of peak investing performance. Green days ahead my friend.

$NET is going up on Monday right?

>>21157635
>He doesn't know

golden bull run begins on monday lads are you ready for trump to save america

T
BEI.UN
BNS
KO
MCD
HD
No idea what im doing, just bought all of these, am i gonna make it boys?

>>21157669

know what?

>>21157762
Boomer stocks, but they’re all solid. Add a MAGA stock and an S&P or Nasdaq ETF

>>21154006
I have $1000. It's enough?

>>21157762
Lolno. Not only are you missing literally the whole recovery, you're still getting all the downside. Literally ngmi-tier.

>>21156949
Not a depression but the recession of 08 is going to last another two decades and the spending power of money is going to be cut in half

>>21157772
It's going to moon. First because green monday, second because red fsly = green net.

How do I be content with what I am making?
I honestly fucking hate waging but I know that if I stop waging, the money I can put into my investing account will go away which means I'll have less buying power to make bigger trades.

What this means is that on the inside, I'm hoping a trade of mine goes to the skies - but how can my trades go to the skies if I'm not going balls deep on OTM calls or puts?

For reference my main play is rolling the wheel on TQQQ and writing spreads on SPY. TQQQ wheel is cool, since I can make anywhere from 1-3% per week depending on how often TQQQ has an up & down week. This equates to about $550 - $1600 a week for me (and should grow as my buying power increases) but I'm impatient. And it's not like I can write additional contracts immediately you know? With that extra $550-1600 I usually write some really safe SPY spreads for like a 1.5% return on collateral.

All of this is just frustrating to me when I see people with like 300 $30c SLV options that they bought a month ago or whenever my own plays fall face flat ($SNAP calls based on TikTok ban, $AAL puts based on lack of bailout news).

How can I escape the wage? Will I ever escape the wage? If I hit low 7 figures someday, I'll just live off wheeling some shit like Amazon. I don't need a house, I'll just rent. Fuck having a family. But I can't get there fast enough with a 5 figure account. I'm too impatient. And all this volatility is bound to blow over as well, so those 1-3% weekly gains won't be a thing anymore.

This means I need to make it big before the market crawls to stable conditions again. Do I just YOLO it all on something and off myself if it fails?

>>21157927

Aces!.............i put 5k in there last thursday

>>21157928
You should probably do wheel on QQQ rather than TQQQ. Option pricing is the same relative to the underlying and volatility on either instrument but QQQ has better liquidity. That said, I really don't recommend doing the wheel at all, just buy and hold TQQQ. If you want more action, do 4x QQQ via deep itm options.
3% a week is pretty rubbish. That's 156% in a year during the fastest, most predictable movement you'll ever see. You'd already be up 131.3% if you had just bought and hold at the march lows. Easy ~300-500% this year.

>>21154229
Try 20% like me

>>21157882
Well i can't pink wojak watching tech stocks any more while I'm 40% cash jerking my tiny dingaling

>>21157724
More like the golden hyperinflation

>>21158103
Go all in TQQQ or SOXL on Monday and let it ride.

took most of my cash out to put more into link, what is a $1500 option play i could potentially 10x with

willing to gamble

what changes should I make?

>>21158044
We're already back to previous ATH (and even past it for a lot of companies & QQQ). I don't see these things going much higher. I feel as if I've missed the gravy train. And I'm scared to go all in on something in fears that we've already hit the top of the V-shaped recovery & that we're due for an inevitable correction soon.

I could be wrong.

Sometimes I want to throw all my money into something like FB $350c June 2021.

I'm VERY glad I bought the dip
I think I'm gonna make it

>>21158204
Maybe join the BABA train?

>>21158263
Trump hates Chyna so much.. What happens if Trump pisses off BABA?

The man who saved the chip industry

Did Trump just win the election in a single move?

Black Monday for DXY

>>21158379
This man saved /g/ from paying premium jewtel prices. A hero to all.

>>21158334
Alibaba don’t earns any money in USA anyway

>>21158405
There’s no money to do anything he wants unless congress approves it. It’s an Empty gesture.

>>21158501
You got me.
Going in on 1/15/21 $300c BABA on Monday.

I really should just invest in literal Trump stocks. The shit he shills all does well. Carrier is up big. How does the mad man do it?

>>21158204
Fear doesn't get you anywhere. If you're that spooked, go 50% leveraged ETF and 50% TMF. It will barely drop because TMF will compensate the losses of TQQQ/SOXL/whatever, and during the downturn you'll be in profit. Then you can rebalance every month and ensure max gains when TQQQ goes back up.

>>21158628
How about Kodak, though? Will they go past $30 again?

>>21158691
I mean if you hopped on that shit at $9 the night before or even $18 when it opened the next day and jumped at $40, $50, or even $55 you made (what used to be anyway this is clown world now) once in a life time gainz. I watched that unfold in real time right ITT.

>>21158534
The point is not approving it is political suicide.

>>21158534
No it's not you mongoloid, why do you think media is now attacking what he's doing instead of telling everyone he can't do it? Get with the shill times

>>21156416
What did it say? I recently bought a lot of shares

>>21158534
>Call them do-nothing democrats for years
>Do nothing
>He was right all along
kek

>>21158721
Forget the stock, imagine how much would have been made with calls.

>>21158628
he mentioned Workhorse early on

>>21158379
Durkasoft has been really improving their weapons.

>>21158967
IPO Durgasoft when? Quote (DRGT). Starting at $130.

Please silver and gold make me rich. Or at least make me $200K i'm pretty sure I could handle it from there

Lucky bastards. Those who bought Kodack at 1.5 - 2.0 per share to sell it at 50 per. Imagine it if you dumped 5,000 into it @ 2. 2500 shares @ 50. 125,000 for the taking. Then if you'd dumped 100,000 into a total market fund on a dip and just let that roll for 30 years.. Kick the remain 25,000 in the bank for insurance.

>>21158180
PM miner calls, 2021 expiry

>>21158869
Half a million from 2k in one day

>>21157378
The 2000 dot com bubble resembled a ponzi scheme where the last one out gets fucked.

This is a whole different situation. It's the action of the fed that's causing all of this "bubble".

The bubble pops when inflation rises too quickly based on feds standards. Especially if they raise interest rates.

My guess is a few months after a vaccine in 2021.

Too much liquidity and stimulus over the last 12 years. We also are having far left wackos who can't grasp monetary policy getting popular (See AOC, Sanders & politicans from New York and California). Which will inevitable lead to more spending in the future.

>>21158721
To be honest no one thought it would hit 55 even me who was contemplating buying at 7 thinking it would be 15 to 20 the next woke up and was like wtf

>>21159216
only insiders got in before the pump, and you'd be insane to have held until $50 to sell everything. Great money if you got in just never that ideal

BA
MSGS
TSM
NVDA
RDS.B

>>21159310
We would of got penny’s compared to what the insiders at Kodak would of made even poor family members would of turned millionaires by dumping a few grand into 5 dollar calls

>>21159216
There's always another opportunity. Hindsight is 20/20 and there's no point beating up yourself over it.

I hope you bought some TSM so you don't beat yourself up more when you see TSM hit $150 next year after Samsung shits the bed,

>>21158569
https://www.cnbc.com/2020/08/06/siemens-earnings-q3-2020.html

Even if Alibaba sales are down....can you guess what the Chinese government will do?

Buy up all their goods to artificially make Alibaba earnings look monstrous.

They love to look good, especially since their American competitors like Amazon.

Long Calls otm. Definitely 300 by end of September barring Trump intervention.

I'M JUST DESPERATELY DOING EVERYTHING I CAN TO SAVE UP FOR A HOUSE FOR THE NEXT HOUSING CRASH

WHEN IS THE NEXT HOUSING CRASH

Alibaba :)

>>21159805
Looking through potential rentals right now. Lots of foreclosures and price cuts, and it is doubtful to get better. Corelogic says housing has a 6% dip over the next year

>>21159805
the next housing crash will come with the next stock crash, be mindful of that

>>21159805
Start paying attention to when the average down payment required for a house goes up. That was the giveaway last time

>>21159876
Stocks are never going to crash again.

>>21159805
Chill out zoomer. You don't understand why the housing market crashed in 2008. It's not going to crash again any time soon.

20% AAPL
20% WKHS
10% BABA
10% TSM
10% RKT
10% CLSK
10% SOXL
10% TQQQ

sell WKHS on it's moon, buy 10% KO and 10% more TSM.
sell BABA at 300+
sell RKT and CLSK at +50% or better

select new memestocks for 30% of the folio.

SOXL/TQQQ being swung around

igmi

retiring in 5 years when this shit hits 150

anyways you retards who think interest rates going down hurts RKT are retarded, they are a loan originator meaning they profit from the fees of creating a new mortgage or helping people refinance. they are not a bank that bagholds mortgages. the more rates drop, the more business they get.

>>21159872

I don't think I'll be ready in a year. If it crashes now, it won't recover by then, right?

>>21159876

Fuck. So should I maybe pull my money out of stocks soon as hold them in CDs or something once I get a bit more?

>>21159956
Dude, it just crashed in March and recovered almost immediately

>>21159940
Exactly. In fact housing prices are likely going to rise faster because rich people are buying them to ride the inflation train.

Buy now or get left behind.

Stock market crashes are now outsourced to dollar crashes

Shill me a long term divvy stock.

>>21159953
I borrowed from them in March.

30k for 10% interest rate. (Borrowed for the stock crash)

They're making money boys.

MOVIE

>>21160094
My next earnings calendar monster earnings are Lowe's and Home Depot.

Those two will never let you down anon.

Especially since new home construction is up and you have people improving their homes under lock down since they're so bored.

Home Depot $300 EASY
Lowe's $200

Plus they both pay dividends.

>>21159956
I believe that some sectors (city housing/commercial real estate) may never recover. Well the Fed has said that a year from now interest rates won't be raised, and banks have tightened lending qualifications. Spitballing but I would say if you had a down payment and loan approval a year from now you'd be getting in pretty damn good depending on the property. Housing market and stock market are not connected, don't listen to that guy. CDs pay jack fucking shit, less than a percent, and Fed has gone full inflation. Just be aware cash and low interest rates on savings/cds is very much a losing play, now and into the future.

>>21159953
5 years? 2 max.

>>21160159

I'm thinking if the stocks don't crash, I'll be ready to buy a house in like 1.5 years. I guess I could put a downpayment down now, but I want to make sure I'm debt free for a very short amount of time, if not pay the house off with cash.

>>21160159
0% interest rates + Inflation is making rich normies buy massive amounts of property.

Home prices are only going to go up until interest rates change.

You're right though CD's are scams. Just buy an index at that rate....hell, even crypto is a better choice.

>>21160103
>10% interest rate
As far as predatory lenders go just handing you 30k with no collateral within a day or two of asking 10% is a magnificent rate.

>>21152955
Can someone tell me if I'm understanding this correctly regarding covered calls?

>I own 500 shares of ABC at $50
>write 1 covered call for $55
>stock rises to $56
>I keep the premium from writing the call
>I keep the rise in the stock value up to $55
>I lose out on that extra dollar per share

Does that about summarize it? I'm trying to figure out the downside to this besides the equity investment

>>21160300

Rocket mortgage is fast as fuck.

Literally 1 day, 30k was in the bank account and the process to apply was easy and user friendly.

I don't know who their competitors are; however they're up there with the best of them.

>>21160250
CDs are fine if you have okay ones.
I'm going to buy a house soon so I have around 20% cash and CDs, rest in boomer funds like vti/vxus/vnq.

Don't have the balls to gamble with crypto.

>>21159805
US or Canada?
because if Canada, LOL nope. Banks are very highly regulated and the few people who can get approved for a mortgage in the first place never lost their jobs. Real estate prices have only been going up instead with pandemic for some retarded reason, this includes real estate outside the city (cottage country specifically) because those people can work from home now.

>>21160340
Yes. You give the buyer of your call the potential "infinite upside" of all stocks within a time frame in exchange for a premium. Just as long as the expiry and strike aren't chosen very poorly you are also unlikely to be assigned. And even if you are, you can use the premium and sold shares to just repurchase a winner as it goes up. It's a "limit sell + tip".

Someone shill me the best WTCH stock

>>21160413
People don't remember money used to be expensive as fuck thanks to the last 15 years of retard world. In the 00's average mortgage rates were in the 6 and 7% range. In the 80s and early 90s mortgage rates were 10-15%. For an entire house as collateral. And now you have companies just handing you sacks of cash for better than you could get a mortgage 30 years ago.

>>21160340
You're making things complicated for no reason while skipping over important factors.
If you buy 500 shares of ABC at $50, you can sell up to 5 calls.
A call is a contract to sell a stock (x100 shares usually) at a certain price before or on a certain date (it can be exercised at any point in time, or never).
Therefore, if you sell 1 call at a strike of $55 for $1 expiring next week, you immediately pocket $100 (100 x $1). From then on, you effectively don't care about the strike anymore, only the date. If the contract expires worthless, you keep the premium, otherwise you will most likely (but rarely, this doesn't happen) get exercised, which means you will execute the contract, i.e. sell 100 of your 500 shares for $55 each. In that event, your total gains are $100 + $5 x 100 = $600. This is fact.
Of course if at the time you get exercised, the underlying was worth $60, you still end up selling at $55 so you lose a potential $400 profit ($500 - $100 from the premium you received eitherway). But that's potential value, it has nothing to do with your actual bottom line.
If the underlying went down to $45, however, you are down $400 ($500 - $100 from the premium received eitherway) instead of being down $500. On the other hand, it is trickier to close the position (you can buy back the contract you sold for less than you sold at, generating meager profit, and close your position at a more substantial loss, if you believe the trend will keep going).

Why do pumps happen on Sunday nights?

>>21159805
Probably next year.

>>21160445
IMO if Bitcoin was a scam token, it would of crashed and gone broke in March.

IMO, rich people will inevitably put a small portion of their wealth in it the same way they hold gold. Diversification of their "emergency" assets, just in case the dollar collapses....which looks inevitable they way things are going.

>>21160485
Can confirm. What a shithole. Moving to switzerland as soon as I have enough in the stock market to weather a few months on the job there.

>>21160340
Yes, though you can sell 1 call for each 100 stock. The nice thing about "losing" (your call is executed) is that you still make a profit, unlike other options strategies in which you would take a loss.

>>21153154
Why is /polbiz/ best /biz/?

>>21154536
TQQQ
ARQ

>>21160159
>>21159956
>>21160250
>>21160445
Just buy bonds with a YTM of 5%+ instead of CDs

>>21160250

Can't we pass fucking laws that forbid you from owning more than 2-3 properties? Fucking flippers

>>21160774
....because it's called capitalism....

If you don't like it, just do the same thing they're doing and you'll inevitably be rich.

>>21160158
Oh yeah, in my city at the store level, all hardware stores were up 50-70% for Q1 2020 vs Q1 2019. Q2 will be similar, I was working at a lowes up until 6 weeks ago, I found there was a bit of a slowdown in July. That said, the yield strikes me as a little lower than I'd like. However I already have positions in both. LPX and CWX both seem like good options as well.

>>21154536
TQQQ
TSM
SLV
AAPL
RKT
WKHS
DPHC
WDC
OLN
X
SOXL
PRDO
ATGE

>>21160524
>>21160598
Ok. So basically the only real drawback is that I'm capping my profit at the call for that contract. (bull)

(bear) My loss is offset by the premium but...I dont understand what makes it harder to close the position here.

>>21160774
I'd much rather make laws against non-citizens purchasing real-estate.

>>21160854
*capping my profit at the strike

sorry still getting the terminology

And then also, if the call does not reach the strike, at that point i just pocket the premium and nothing is affected in my position?

Thank you both for your assistance.

>>21160701
Buying high yield bonds in an environment when a bunch of businesses are going bankrupt.

Rate my folio of meme stocks.

Currently learning about options. Is implied volatility better if its for example 37% or 255%? Would you make more money at 37 or 255?

>>21160895
>And then also, if the call does not reach the strike, at that point i just pocket the premium and nothing is affected in my position?
Yes
You are playing as the house to degenerate gamblers. As long as you aren't dumb, you will win over time.

>>21160925
thats fucking awesome. why havent I been doing this before

>>21156317
poor spoony

>>21159805
My credit union needs only 5% down payment and requires no PMI. I'll probably rent another year desu.

>>21160923
255 is suicide tier.
It can go to 220 and you be crushed into oblivion and panic sell at a loss.
All it will take is a green day and a -1% red day.

>>21160774
wouldn't be a problem if people weren't incentivized to own multiple properties in the first place
like can you blame anyone (who can afford a down payment and be approved for a mortgage) for putting their extra money to good use when whoever they rent it out to will be paying their mortgage for them (if not more)

>>21160854
The problem is that if the option becomes near or at the money, the cost to buy back is higher than the value of the stock, basically forcing you to hold it until expiration, time value decays, or the stock dips.
For example:
You have a stock at $50 and sell a call at strike $55 for $1 in a month.
If the stock goes up to $54 in 2 weeks (meaning there are 2 weeks until the option expires), the value of the option will probably be around $2.
This means to buy back your calls, it would have to pay twice as much as you sold them for, even though the stock is under the strike price.
The reason this occurs is because of time value. Time value is what gives an option value even though its worthless to execute it. The closer an option is to expiring, the less time value it has, ie it decays. When you sell an option, you benefit from time value decay, which means as long as the stock rises slower than the value of the time decay, you make a profit. This is why buying options is so risky, because then time value decay works against you.
In simple terms:
Selling call options means you make money if the stock goes down, side ways, or up slower than time decay.
Buying call options means you only make money if the stock value outpaces time decay.
Of these two strategies, its clear that selling call options has far less risk (assuming covered calls)

>>21160856
As leaf seeing the chinese run up local real estate prices before my eyes, this. No fucking small penalty for leaving property vacant or buying from out of country. NO FOREIGN BUYING RESIDENTIAL PROPERTY PERIOD. Motherfuckers.

>>21160948
Tax treatment is better if you have held the underlying stocks for a year. They are also the only option strategies allowed in Roth IRAs. Selling puts is far more dangerous.
>>21160923
As an option buyer, you typically want volatility (which translates to demand for your contract) to surge to levels much higher than when you originally purchased the contract. As an option writer (seller), you typically want volatility to plummet from when you originally sold it.
This is why THE number one rookie mistake is to buy options contracts near earnings.

>>21160901
Sure, but that also means they are cheaper. If you look at the history of bonds and the rate of bankruptcy, 5% YTM is not very high risk, just research the companies you are buying. Also, bonds are at the front of the line during bankruptcy. I am just comparing the yield to CDs which are shit.

>>21160107
10 minutes to movie night!! Tonight's feature is actual A Field in England this time, I still want to see it and haveb't found anything more interest

>>21160842
The yields aren't great; however it's constantly growing and growing faster as home sales rise.

Rich people are buying more homes and inevitably have to renovate them with Home Depot/Lowes goods/supplies.

Since they're stuck @ home, there's nothing else better to do.

Markets are anticipating this; however, they're going to be surprised just HOW MUCH their going to beat earnings by.

>>21161034
So what I get from this is that the higher the implied volatility = less chance to make money. Is that correct? Stocks I understand, options not so much. Still learning

>>21160856
>>21161120
This This This This This This This This

>>21161291
again with this picture, like it's fucking city council responsible for chinks buying our land

>>21161334
The councilman was LITERALLY selling out America to Chinks. Very common in California and Canada, this guy was just dumb enough to get caught.

>>21150516
cute!
>>21152619
pig disgusting, get this shit outta here

>>21160856
Yes. Fuck these fucking chinks buying up our neighborhoods and forcing us into the ghetto just so we can have an over priced fixer upper.
And fuck the jews in government that allowed this to happen.

>>21161370
yuck
why is it not federally illegal?
why is it up to some fucking city council?

Movie night movie night! Get in here~! Tonight's feature is A Field In England (2013)

>>21161183
>This is why THE number one rookie mistake is to buy options contracts near earnings.

Wouldn't you want to buy contracts near earnings? That's when most of violatitility happens (usually in your favor).

Example: CRUS and Zillow.

CRUS ran up 7% before earnings (then plummeted after). Zillow went up 15% earnings.

>>21161183
Does that work out the same if I plan on buying/selling someone else's option? Or just if you're writing the option? I don't plan on writing any option till I have some idea of what the fuck I'm doing. So if I plan to purchase someone's option, it is better to have higher volatility?

>>21161404
Corruption is an art. Selling land to foreign powers is de facto treason.

WKHS BROS WHAT THE FUCK DOES THIS MEAN

>>21161441
Premium is much higher near earning. If you want to play that way, SELL options instead.

>>21161017
lol.
jesus.
5% down and 2-3% interest.
most states will give you 15K towards down payment assistance for your first home, too.

>>21161017
>>21161584
>urge to know more intensifies

They say it's good to have debt during inflationary periods...

>>21161524
THIS IS UNBELIEVABLY UNIRONICALLY BULLISH!
Literally saving the postal service.
RIP FEDEX and UPS
DNC gets fucked, no more "accidentally" losing ballots from red counties. No more "convenient" boxes of blue ballots that were mysteriously "delayed."
This is HUGE!

>>21161524
its ok, its entirely the upper management that bogs down the USPS operations

How fucked are my WKHS calls?

>>21161524
How is this a bad thing?

>>21161524
Montag puuuump!

>>21161751
WKHS is a meme, retard. Sell your calls ASAP.

>>21161441
If you plan on flipping your bought contract, the IV crush after earnings will typically wipe out your potential gains from the leverage. The uncertainty is gone because the earnings are now known. Better to have been the writer in that case.
>>21161473
The three things that matter roughly for any options contract is volatility, strike, and expiry. The premium reflects all 3 in non-linear and changing ways. The strike and expiry together determine its explicit and implicit value and the volatility provides demand (and thus, liquidity)
For an options buyer you are basically trying to time volatility swings. You don't want to buy when vola is high, because most stocks don't tend to be wildly erratic all the time, and settle to some kind of equilibrium eventually within a few days. The vola will sink and demand for your contract will plummet. Instead, you want to be holding a contract before there is an unexpected surge in volatility.
The KODK pieces of shit did that by purchasing calls right before the announcement of the loan and made enormous amounts of money from the gigantic vola spike afterwards. But that was only a surefire bet because it was basically insider trading. If you don't have inside knowledge that is basically trying to predict the future. And its the reason why options writers tend to be the winners.

>>21161786
So were UAVS and MVIS, retard, and they're still up.

>>21161534
I see, thanks for the input.

Extremely Bullish on UPS and Fedex.

They're both going to profit heavy on this as shipping is going to be NUTS this upcoming winter.

Don't have to worry about USPS as the new Postmaster is forcing workers to only work 8 hours a day. Most packages are going to be delayed if shipped through USPS.

Also, Amazon delivery drivers SUCK. The good ones move to higher paying postitions in FedEx and UPS anyways. Only former criminals hold Amazon delivery positions.

Even then, the amount of packages that Amazon delivers CONSTANTLY has to be contracted out. They cannot handle the sheer volume of their own packages, especially this upcoming winter.

UPS & FEDEX to 200.

>>21161267
No, In an option, you are betting it will go to a certain price. The amount of people within that option and the volume are determining that the price will be at x by y date. They bet on the price hitting or getting close to it. IV crush happens when the Implied Volatility goes down. Thats where the greeks come into play.

>>21161017
whats the catch?
ghetto neighborhood?

I live in Charleston, South Carolina, where nobody has voted for a Democrat since George Wallace. As I was driving to the cotton store, I saw nothing but Biden signs lining the streets, even the Klan Headquarters had Biden 2020 signs. In fact, everyone here has started referring to Joe Biden as "Cotton eye Joe" because they're all convinced he's all in their corner. I want trump to win so fucking bad, but where did you come from where did you go, where did you come from Cotton eye Joe?

>>21161860
FedEx is back with Amazon? Last I heard they split and FedEx was much better off with that since Amazon kept giving them the shitty delivery jobs

>>21161950
weird, cause here in Florida all I see are Trump signs and have yet to see a Biden sign anywhere, it's kinda weird to see you say that when Bidens entire strategy has been to hide in his basement all year lol

>>21161524
>(((Perlman)))
USPS is absolute shit. B-b-but the management did nothing wrong!

>>21161584
I'm probably too high income to qualify for anything in this garbage commie state

>>21161882
Need high credit but mine is over 800

>>21161524
Now he can make sure WKHS gets the contract. Ohio is going to be very important.

>>21162156
You're right, they cut FedEX out last year, my bad. I don't know if they still do some contracting out with them or not.

I do know UPS and USPS does do business with Amazon.

Likely will flood both of them with volume this winter.

Long Call options on UPS then.

They also pay a nice dividend as a cherry for you divy bro's.

>>21162175
Klan Headquarters had Biden 2020 signs. In fact, everyone here has started referring to Joe Biden as "Cotton eye Joe
anon i....

>>21161839
>>21161872
Thanks for the answers. I clearly got A LOT of reading to do.

>>21162285
does WKHS have that much leverage in ohio. I really doubt they do

I remember the anon who called out this virus market crash back in January.

His only prediction that hasn't come true yet was the possibility of a virus mutation in Brazil.

Always keeping my eye on Brazil just in case...

Lyft puts? Surely they can't go up. No ones traveling, Uber generally beats them, and they have no food delivery to prop them up.

>>21162463
Retrofit an existing GM plant, building a battery manufacturing plant across the street pumping out mail trucks for USPS which is essentially constitutionally mandated? Lockheed couldn't ask for a better deal. Trump sees it as a double whammy, Buy American and beat Democrats to the EV shininess. Trucks in California have to be electric in 4 years anyway, that's why Biden already pledged 2 trillion for electric. WKHS will have leverage in Ohio if they get the entire 6 billion contract, I'm sure of that.

>>21162601
might be priced in

>>21162749
definitely not 100%, it's likely split so that if the trucks turn out shit they aren't fucked

>>21162749
>California thinks they will be allowed to do whatever they want in the coming years
lol no.

>>21162880
the bill has already past with no contest with congress or HOR i think it's not gonna be that big a problem as companies are already moving to electric.

>>21162497
brazil probably has like 1m cases by now

>>21162927
>the bill has already past
They don't have the authority anymore. Trump yanked their exemption from the 1990 federal Clean Air Act. Emperor Federal Judge is holding it up but once the courts are done it will be poof. CARB will be dead. The feds are not obligated to allow California to be extra retarded under the law, they are simply given the option to extend that waiver. Trump doesn't wish to extend it anymore.

>>21162497
most of what he claimed was pretty standard playbook for an immensely contagious unknown pathogen

Brazil was obviously fucked, maduro was already burning the country down before this shit. When are the next South American debt defaults?

Looks like my Citigroup investment is going to pay off handsomely.

>>21162841
You're correct, just dates and % of overall sales targets. Piss in the wind and you hit 10 electric vehicle companies, by then it will be past time to see if they can deliver.
https://www.cbsnews.com/news/california-approves-first-of-its-kind-rule-to-mandate-zero-emission-truck-and-van-sales/

>>21162963
Trump's White House stay might not be extended, and the Weekend at Biden's crew will find a way to federally mandate similar terms. Contingency is the most important thing when the President is looking likely to be a lights on but no one's home geezer that has delusions of being FDR 2.0 by following the lead of Comrade Bernie and AOC de la Conquista. I wouldn't be surprised if he bailed out after half a term just to hand the keys to a woman of color.

>>21163314
>might not be extended
You're quite delusional if you think Joe is going to win.

>>21163334
This is clown world now. Doesn't matter who wins.

Ill let you all in on a little secret, an unspoken reality that is going to change the world.

Its Doge coin.

That's right. That's what the currency every major country will eventually accept as its preferred crypto currency. At 0.0035 dollars it's almost irresponsible not to invest in it.

But listen. . .you didnt hear it from me. .

>>21163415
True. This surgeon in the OR last week was so unhinged. Talking about he overtook some old guy in a truck that had Trump stickers just to yell at him. Going 90 on a 35. Stating every liberal buzzword. Embarrassing desu

Becky, that was so bad. -5/10

>>21163334
All I am saying is Trump had the same exact odds on election day 2016 and Biden is not the most hated woman in the country. You're right however, we are still early and hopefully after the EO's Trump signed he continues on the offensive against the Democrats and forces Joe to an extra early debate in less than a month and outright embarrasses him. Trump really needs to detail his second term because failing to answer your plans for a second term on FOX primetime won't cut it, after watching that you would be delusional to think Trump has it in the bag.

>>21163689
Next week I'll try to make it animool journey I'm osrry

>>21161950
*booming country-house music intensifies*

>>21161524
Yes get rid of these useless fucks and get UPS/FEDex to pick up the slack

>>21163700
Agree that Trump needs to call for an early debate. He will easily destroy Biden face-to-face. However, I think Trump still has it in the bag. More people come out to vote for him in the Primary, than do for Biden, and Trump is an incumbent. Also, look at how many people watch him whenever he has ANY presser. Meanwhile, Biden can't get more than 100 people at any one time to watch his announcements.

Furthermore, The Democracts want to lose this race. If they win, they will have to actually perform - which they don't want to do. It's much easier to just complain, and say how Trump and Conservatives are wrong (and evil). They want him to win, so they can be even more radical in 4 years when they can run Michelle Obama and win handily.

Either way, it's all been priced into the market already, so don't worry about it ;)

Redpill me on WMT, TGT, HD and COST, my portfolio is lacking in retail stonks

>>21163314
>I wouldn't be surprised if he bailed out after half a term just to hand the keys to a woman of color.
Nor would I. Nigger women are so useless, and the Democrats are so racist, that the only way they could get a presidency is by having it handed to them

Would having all of my money in SPY and VOO be diversified enough, or should I still go out and buy a bunch of side stockcs?

>>21163314
What's with this meme of Biden trying to imitate Bernie/AOC? Does anybody actually believe this? He was the most conservative option of all the Democratic primary candidates. The DNC, their media lackeys, and all of the suburban boomers and ex-Republicans in their new coalition coordinated harder to stop Bernie than they've ever fought against a Republican opponent.

>>21161432
fuck I'm sad that I missed it lad
my practice gf required attention of the most immediate sort

Do you guys think I'm gonna make it?

>>21164893
>>21164893
>>21164893

>>21164893
>>21164893
>>21164893

>>21164893
>>21164893
>>21164893

>>21164893
>>21164893

ooo

>>21164893
>>21164893

>>21164893
>>21164893
>>21164893

>>21164893
>>21164893
>>21164893

>>21164893
>>21164893
>>21164893

>>21163415
>This is clown world now. Doesn't matter who wins.
It hasn't in decades, probably after Nixon

>>21164898
you'll be alright in the end
hold fast, be smart, don't let them fool you