/biz/ - Business & Finance

Cunny

>MSFT at ~$200
Buy or wait for lower?

fuck drumpf

>>22394200
SHOW ME YOU'RE DIP RETARD

LADYBOYS and SQQQ

Just think, you could have listened and bought some $FPX months ago and you would be as comfy as me.

Why didn't you listen?

>>22394240

I'm waiting for lower

Will Tesla touch $328 by tomorrow?

I bought before the dip and want to die,
Im holding, but i want to die

I am so fucking screwed aren't i. Gonna be stuck bag holding for months

>>22394128
these past couple of weeks have made me realize that at least in the current economic climate, im just honestly really not okay with hodling a long term position anymore. all of these companies are completely decoupled from their underlying fundamentals, it's all a bunch of hot air.

after the softbank shit came out i realized "i really don't know if i can believe these stocks will keep making new ATH's any time soon". and that's my main deciding factor in holding a long term position that im happy to DCA into. DCA'ing into long positions for swing trades requires faith that the company won't ever dip too much before going back up again, and i just don't have that faith anymore with QE infinity in place and the stock market going up an insane amount while the economy is still in shambles over the pandemic, know what i mean?

>>22394289
>Im holding
Well stop doing that before you kys

>>22394244
>fuck drumpf, but not house democrats holding up the stimulus bill
Brain washed faggot.

I bought a comfy house on 5 acres and used my Robinhood money for the down payment. I had to start over with $2000 but I'm trading smart this time.

>>22394295
Years anon years

If is similar to 2000 could be a decade or so

>>22394240
Buy

It's MSFT. Jedi contract and shit.
Independent of Chinese bullshit and ruling the computer market. Not buying in at these levels is a financial crime.

>>22394286
I want that cybertruck like you wouldn't believe
What a fuccin MACHINE

>>22394314
i have no choice, feeling great, like getting mauled by a pitbull while semi clauraformed, that great, tommorows another day
https://m.youtube.com/watch?v=X2WH8mHJnhM

>you have spent the last 6 months trying to make the perfect portfolio with fancy tech names, advanced options strategies and daily monitoring and rebalancing
>literally all you had to do to make it was buy Tupperware in March

>>22394387
Do the Chinamen all use windows 10 or do they just use cell phones and tablets ??
I wonder

>>22394403
i too want it, looks like a n64 polygon death mobile

>>22394370
i only have 1.4k in cash that i was saving for the snowflake and air bnb ipo. you can't fuck me like this

>>22394363
>muh binary politics
politicians aren't your friends and none of them have done anything to help the American people almost ever
>but muh 1200 gibs!
99% of that money went into propping up this retarded economy since niggers can't into thrift.

>>22394295
remember 2 days ago when I told you to sell your meme tech stocks and buy ARKK and something non-tech?

>>22394240
I am waiting for sub 200, 190 or less would be ideal

>>22394301
Good plan anon. With no stimulus deal planned until after the election, mass layoffs every day, and presumably a contested election result running all the way to inauguration day, hodl seems sensible.

Goddammit
I opened up a TD Ameritrade account and forgot to use it today and bought more on Robinhood

>>22394426
I swear there has to be a way to find at least ONE such golden opportunity. I know from hindsight at least one such opportunity (excluding pennystock) happens every week or so, but how do we detect them? And is it easier to detect the much rarer golden 10x+ or even 50x+ deals? Perhaps that's the trick: better be 99.9% certain of a 10x than be 60% certain of a 2x.

>>22394364
You kept enough cash to pay taxes on your realized gains, right anon?

bobos report in

>bought more on robinhood

>>22394431
They use msft stuff a lot. Microsoft span xiao bing off to better target the chinese market exclusively because it had 0 traction anywhere else, but somehow became very profitable in china.

>>22394487
SQQQ

>>22394458
i really wish there was some test people had to take before they could invest in the stock market because so many retards like this just throw their money away. maybe that's a good thing though, i make money off you retards kek

>>22394240
MSFT was $200 in June too, the longer it crabs around there the longer buying opportunity you have. Because sooner or later its gonna take off

>>22394498
Why didn't the jews dump in aftermarket.

>>22394458
Do your own reading on an abc correction and what a bearish engulfing candle looks like

Then look at the qqq on the daily chart

I’ll wait to see what you say anon

It’s counter intuitive but as prices go up, risks goes up significantly. As prices go down risk goes down .

The higher up we are the higher we have to fall and chances go up that we fall. Once we dump the chances of an even bigger dump go way way down.

>>22394364
living the dream, very nice anon.

>Back then…… You could get by with just skinned knees……

>>22394461
Yup i'm probably gonna do that soon.

>>22394471
unsensible you mean?

>>22394491
Unfortunately :(

>>22394534
They are building the perfect most beautiful bear flag in existence just look at it bobo

Big red dildo down, small green dildos up making retail yard shrewd BUY CALLS” then another dump

>>22394520
It's not going to 2x, it's going up at least 60% but that's about it, and you can't easily time the bottom. Strong moves up but also strong moves back, thus not a golden opportunity. Let's call it a silver opportunity.

>>22394543
I just sell covered puts and retarded OTM credit spreads for p-nut gainz then I buy SPY partial shares

>>22394200
>after market threads are filled with anime posters
ngmi

What's the best bet on regaining the $6500 I lost thanks to TQQQ?

-2% dump
+0.35% pump

We're back mumus.

>>22394665
SQQQ

>>22394498
can i borrow a few dollars bobo?
my family is starvin, we had to boil my wifes hair for soup

>>22394665
More TQQQ calls, you won’t pussy.

>>22394665
Probably TQQQ but after it bottoms which is anybody's guess.

>>22394665
SQQQ puts

>>22394517
Faggot I'll use Ameritrade from now on

>>22394665
hold on friend, i have literally the same numbers, we can make it

we're really going down aren't we? The fall is gradual so idiots buy the "dip" and hodl until it dawns on them that it's really a recession, not a dip and then the ship really strats sinking

>>22394660
Shut up fag

>>22394569
Yah sorry, meant to say cash hodl, nothing in market. This is Bobo's market and he is hungy. PE divergence with forward EPS is like seeing the grim reaper 's cruise liner approaching the dock and everyone daytrading is speculating with their fish looking with their back to the sea.

I think the market will go sideways until November, its for the better Nasdaq cant keep going up like crazy.

>>22394517
Why does the wsb logo look like such a fucking tranny holy shit?

Unironically how do I make it with 12k in my brokerage account. Day trading? Holding?

>>22394744
it's a big selloff, it's bottoming out wont go lower, hope not

>>22394772
All-in SQQQ, wait for bottom, then all-in TQQQ.

What do we do bros?

http://www.strawpoll.me/20920403

>>22394772
TQQQ after it's done dumping which nobody knows when it will.

January 2022 QQQ puts?

>>22394805
Problem is it's impossible to guess when the bottom will be

>>22394812
VWMA 200 - 4 (or 8, actually, both work; 8 seems to time slightly better but 4 won't miss trickier bottoms) ATR.

>>22394772
Unironically if you can leave that shit for 10 years buy index or big boys and hold. It won't moon but you might have more in in a decade. Probably

>>22394426
I made hundreds on TUP
Check the archives, I was the big boy here buying TUP and talking it too

https://www.truckinginfo.com/330475/whats-behind-the-grille-of-the-new-nikola-hydrogen-electric-truck

>"The entire infotainment system is a HTML 5 super computer," Milton said. "That's the standard language for computer programmers around the world, so using it let's us build our own chips. And HTML 5 is very secure. Every component is linked on the data network, all speaking the same language. It's not a bunch of separate systems that somehow still manage to communicate."

I have no idea what to buy or when to buy it. Just going to watch the market for the next week and see how it goes. Not going to try to catch a falling knife.

>>22394832
Day trading against robots will probably ruin you.

>>22394824
You’re almost always going to get fucked by long puts.

>>22394868
>HTML 5 super computer
>That's the standard language for computer programmers around the world
>so using it let's us build our own chips

>>22394590
based

>>22394426
And overstock. Shopify.

>>22394859
>TUP goes up over 2000%
>makes "hundreds"
Pathetic

>HTML5 super computer

Which of these boomer stocks is the best? UNH, CAT, LMT, TGT

>>22394887

Oh fuck this is NOT A DRILL

ABANDON SHIP

>>22394898
>>22394868
Time to turn my blog with HTML5 elements into a supercomputer.

>>22394868
What a conman. I bet that thing doesn't even drive.

>>22394868
Actually "download more RAM" tier

>>22394873
>Not going to try to catch a falling knife.
WHAT ARE YOU, GAY?

>>22394534
DXY stopped going up. You'll notice DXY was on a very strong downtrend until open, QQQ prices correlate with the spike in DXY at 1030 EST. DXY peaked at 1525 EST, which was today's bottom on QQQ.

I don't think it would be feasible across the market, but for a while there were large investors buying enough HTZ in extended hours to make literal retards FOMO into it at open, then sell at the peak of the morning pump. Today's trends did look pretty similar, and TLT/TMF indicate a pretty strong shift into the bond market at 1040

tl;dr: if you can predict moves in the dollar, you win.

>>22394868
What the fuck kek. Thats some boomer manager speak

OH FUCK OH FUCK OH FUCK ITS OVER

JESUS CHRIST FUUUUUUUCK

>>22394988
>told me to hold while I lost everything I made over the last 6 months
>now it says sell
So i"m guessing this time next week it'll have gone on an unprecedented bull run and have made everything back - but only if I don't buy

$328 by tomorrow?

>>22394868
I bet he's deleted system32 at least once. Does Alt+F4 open the hood? Are the cup holders made by Lite-On?

>>22395061
>>22394988
why didn't this fucker catch this when it first was falling? useless algo

>>22394868
buying puts tomorrow

Stock market experiences a single circuit breaker tomorrow 30 minutes before close, what do you do last second?

>buy the dip
>HODLLLLL
>sell/close all positions
>other

Am getting the vibe it may be best to stay in cash at this point frens.

>>22395121
Whenever some online indicator says "strong buy" for me it starts dumping soon. When it says "strong sell" it keeps dumping.

>>22395121
>>22395066
the last time the signal changed was 4/24, which would have been a 90% return. it's an algo, not a crystal ball.

also does anyone else think this guy in my real estate textbook looks like a young bill ackman?

>>22395172

>>22395172
buy
if you're not buying you should be holding
you only lose if you sell

>>22394301
Exactly, the fundamentals went out the window in March when the feds started handing out free money. This market has turned into a bunch of retail neets chasing rainbows looking for the next big winner. None of this shit is real until the money printer stops,when that happens, millions will be left holding bags. Nothing right now makes any sense even with a devalued dollar. I am 70% cash and waiting for the cheap buy in that shows up between now and November. We are due for a catastrophic correction.

>>22395197
>you only lose if you sell
Not if it's tankers or other garbage.

>>22395196
Come on up here fren, the ceiling is cool.

>>22395172
>>22395197
You'll be rewarded for your time in the market.
You won't be rewarded for trying to time the market.
You won't make it if you can't hold long positions through dips without selling.

>>22395166
IV is off the charts, and it's already down 11% today

>>22395231
HOLLLLLLLLLLLLLLLLDDDDDDDDDDD THE LINEEEEEEEEEEEEEEEEEEEEEEE

>>22395197
If you didn't buy 2 months+ ago, you're gonna be holding for a long ass time.

>>22395172
Watch my shorts go up, hold everything else

>>22395265
>holding for a long ass time
that is the correct amount of time to hold for

>>22395236
I mean, I'm glad I got out late february or early march or whenever, and got back in in april, but right now I just have no idea

>>22394460
Nah, fuck Democunts.

Back to $1000 in my name

>>22395189
Yeah a little bit. Minus the peppered grey hair of course.

>>22394200
https://bbc-news.us/2020/09/10/Mcdonald-s-Launches-First-Ever-High-Fashion-Clothing-Brand/12TWNkb25hbGQncyBMYXVuY2hlcyBGaXJzdCBFdmVyIEhpZ2ggRmFzaGlvbiBDbG90aGluZyBCcmFuZA==.TWNEb25hbGQncyAoTUNEKSBoYXMgYW5ub3VuY2VkIHRoZSBsYXVuY2ggb2YgaXQncyBmaXJzdCBoaWdoIGZhc2hpb24gY2xvdGhpbmcgbGluZS4gQWZ0ZXIgY2xvc2luZyBhbiBhY3F1aXNpdGlvbiBvZiBHdWNjaSAoR1VDKSwgTWNkb25hbGQncyBpcyBwbGFubmluZyB0byBzaG93IG5ldyBjbG90aGluZyBkZXNpZ25zIHRvIGludmVzdG9ycy4uLi4=.aHR0cHM6Ly9saXZlLnN0YXRpY2ZsaWNrci5jb20vNjAyNi81OTgzOTY1OTAwXzJkMzY3MDlhNmZfei5qcGc=

>>22394807
>http://www.strawpoll.me/20920403
Liquidate into gold. Then you will become real men

>>22395043
These fucking idiot boomers won't even give me a raise let alone a promotion even though they are fucking retarded and inherited their position. Fucking idiots

Hmmmm

>>22395236
>hold the dip when everything is at PE:gorillion
>it keeps dipping
Don't boomer invest in a situlation where every boomer indicator says "sell"

Please just a little pump tomorrow so I can sell everything

>>22394426
why did TUP moon anyways?
>>22394928
and overstock?

>>22394301
I'm all cash. MM can't fuck me if I don't play their game.

>>22394978
depends how long you plan to hold, but with CAT and LMT being popular buys with the gov and this being near the end of the fiscal year, a lot of money is potentially about to be spent on both. CAT has gone up every Sept since 2016, currently appears unaware of market trends, and is at the highest level it's been since 2018.

>>22395359
https://bbc-news.us/2020/09/10/ZCIBOPre-sucks-dicks/12WkNJQk9QcmUgc3Vja3MgZGlja3M=.bmlnZ2VycyB0b25ndWUgbXkgYW51cw==.aHR0cHM6Ly9saXZlLnN0YXRpY2ZsaWNrci5jb20vNTYyNS8zMTIxNzA3MTAzNl8xY2Q4ZTRmZTAyX3ouanBn12WkNJQk9QcmUgc3Vja3MgZGlja3M=.bmlnZ2VycyB0b25ndWUgbXkgYW51cw==.aHR0cHM6Ly9saXZlLnN0YXRpY2ZsaWNrci5jb20vNTYyNS8zMTIxNzA3MTAzNl8xY2Q4ZTRmZTAyX3ouanBn

>>22395361
>sell stocks at a loss so you can sell gold at a loss later.

>>22395189
What is the site for the algo?

>>22395369
If they were really serious about fighting inequality they'd just assess a wealth tax on the extremely rich. But they're not, so they fuck our attempts to leverage our meager normie money into more money

>>22395406
Very informative, a must read.

Young anons. Realize that almost no one captures their gains. You do this by selling EARLY. The country club is full of old men who sold too early. If you keep chasing huge gain you will probably lose. Be honest, you know this doesn't feel right. But maybe I can catch a 10% pump you think. The risk reward is hugely distorted. Protect your wealth anons.

>>22395406
Did he died?

>>22395407
You don't sell gold numnuts. The whole point of the game is to accumulate as much gold as possible

>>22395440
>you know this doesn't feel right.
What doesn't feel right? The market pumping on nothing past aths?

Is RKT going to be ok?

>>22395389
Locked down people ordering shit and actually cooking their own food and needing to store it.

Iron hands biogen investor here.
Got fucked hard today. Market did the exact opposite as I thought it would. Down a fuck load today, but I didn't sell. Cause iron hands! No because I was wage slaving and didn't get a chance to sell. I'm a pussy.

Happy 9/11
How will you celebrate this wonderful day :3
Maybe something will crash high things again? =^w^=

>>22394295
Anon these are all very long term holds. Just DCA and forget about them.

>>22395466
The stock market has become a meme. The valuations don't make any sense because the ultra rich have so much money they throw it into the stock market. The ultra rich are on their way out and the retail zoomer robinhooder is chasing tesla and aapl pumps and other trite bullshit tech companies

>>22395172
I'm staying cash, if the market is going down, new buys won't work. But when the market is going down and sideways, it forms new bases and cup and handle buy points but you have to know how to do that kind of stuff.

God, I just want to unload my bags tomorrow, and be able to start fresh and smarter.

>>22395440
One day I'll get that through my head. My options were up 5k at one point. Now it is down 13k.

>>22395440
Solid advice anon

>>22395459
>>22395440
>never sell
>sell early
You dun goofed Schiff.

>>22394200
How do I know how to do calls and puts

>>22395172
I don't think circuit breaker unless at open, but there will be a hard sell-off leading into the weekend. Next week will see higher volatility.

>>22395501
>muh robinzoomers
>doesn't know about the softbank pump
The big banks and big money is also retarded.

>>22395096
$238,000 EOY

>>22395533
Fair point, i'm rattling these off quick. Don't spend all your cash on gold. Gold should be like 50% (pick your ratio) of your long term savings. Holding gold gives a +10 to your financial acuity and will vastly help you get rich through the means around you.

>>22395551
You don't until you can answer that question yourself, lest you become another

>I am financially ruined

..poster

>>22395566
Richmoney is the private money of the rich. Not banks. Banks have hidden constraints directing their action.

>>22395589
Gold is not immune to a deflationary recession. Why don't you people understand this?

do you enjoy getting raped by J-Pow?

>>22395204
i'll give you a hint for the next big crash, anon. look at the SPY and look at the VIX on the daily time frame. now note where the SPY was on the day the VIX topped out in the 80's.

now next time that happens if we have another epic crash, you know where the bottom is. you're welcome.

>>22395440
No, you get best realistic sell price by waiting for signs momentum has stalled. Selling early usually loses to this.

>>22395410
>Tax the wealthy
You realize they'd duck it and the people who wouldn't be able to avoid it would be the middle class. Taxes are only ever harmful to the average person.

>>22395628
Can I just bet small amounts of money I don’t care about

>>22395579
Buy some $800 calls for January

>>22395637
Pump it
Dump it
Pump it
Dump it
Fuck I hate this

>>22395631
Nothing is, though.

>>22395498
vaccine announcement
airlines soar 911%

>>22395631
Why do you think we don't understand this?

>>22395440
That depends. Some positions I have like DIS, MSFT, V, HD, BRKB, PEP I literally will never sell. Your advice mainly applies to either short to mid term investors, or for long term investors who are in volatile sectors. If a stock goes up 6 billion percent in an unreasonable amount of time, sell and take profits before you lose them.

Shoeshiner with a question. Let's say I'm doing babby's first covered call on a stock I own and expect to crab for a while.
>Strike price $1 above my cost basis
>1 contract actually means 100 shares
>Say I sell at market price, I pocket premium of Market x Shares no matter what. Not Market x Contract.
>Use "Sell at Open" and don't get intimidated by what those other buttons do
>I do nothing, just let it expire
>Stock goes down, I keep stock and pocket premium
>Stock goes up, some genius takes my share for strike price but I still keep premium
Essentially correct?
If someone wants to tell me where to learn about the next level, or how I can close it early and why I would do this (remember I am babby) that would be nice.

I’ve tasted shit before and it was sour and warm.

>>22395710
pigs will eat shit no problem so it can't be that bad

>>22395688
There is nothing wrong with this position anon. I commend you on holding stocks you trust and can't be shaken on.

>>22395681
bruh i just want to safely buy the dip on legitimately good, fundamentally solid companies, and then wait for them to go up again to sell. when can we go back to that again?

>>22395678
That is one way to learn. Or you know, you could actually learn first.

>>22395704
*Sell to Open

>>22395704
Wat

>>22395410
Wealth tax is bad idea because your taxing on something that hasn't been sold. Like stocks and property

>>22395406

CRAWLING IN MY SKIN

>>22395750
That bad huh?

>>22395246
https://www.youtube.com/watch?v=htgr3pvBr-I

>>22395704
>I do nothing, just let it expire
Most people will say take profits at 50% gains to avoid spikes fucking you up.

>>22395683
That's the point. It's the reason people have to stop listening to guys like Schiff. Deflation is across all asset classes. In his hypothetical scenarios of chaos, bullets, oil, and painkillers are better investments.

>>22395408
>*eddit.com
Do some research on volatility. NEVER POST THAT SITE HERE. It results in a crowded trade.

>>22395660
>the people who wouldn't be able to avoid it would be the middle class. Taxes are only ever harmful to the average person.
This. The only way to avoid it would be to operate in cash and lose out on investment gains...but then they'd phase out cash too.

>>22395687
Sorry man, I meant boomers. It's the same ones that tell you to buy real estate because they ain't making any more of it. They don't really think things through and just regurgitate talking points like bull gold and buy real estate

>>22395704
I did an intraday covered call, the transaction should look like this (bottom to top)

After hours is bleeding hard. I can only imagine the bloodshed in the futures.

Keep in mind I’m holding 500 shares of GME, I just hope it goes up so I can sell without a loss..

>>22395728
I also have stocks I don’t trust forever. AAPL used to be a buy, accumulate more and hold until I die but I’ve become quite weary of it in the last couple months. I just want to make a comfy portfolio I can trust

>>22395730
Never. This market has exposed itself for what it truly is.

>DIX pumping
Tomorrow is the day lads.
If we manage to keep this going we are fine.
Just a bit more. Just a bit more. And we stabilize.

Don't take this away from me, Pow

>>22395389
>why did TUP moon anyways?
I guess people thought they weren’t going to be able to pay their debt off, until the fed said lolno?

>>22395730
>selling
>ever
I think I’ve learned my lesson there. Besides, if it goes to ~zero then I can just sell it in 30 years to offset some realized gains right?

Does anyone even know how tax loss harvesting works?

Why is everyone on here such a god damn moron?

>>22395730
It literally never went away. Look outside the tech sector. Retail, healthcare and industrials all tanked alongside tech but they’re recovering nicely

>>22395834
>And we stabilize.
And we're back to an eternal parabolic run right?

>>22395842
>selling
>ever

i can't buy the dip if i never sell though.

>>22395842
>Does anyone even know how tax loss harvesting works?
Technically you own shares in bundles associated with the times in which you bought them, instead of just one pool. When you go to sell, you can select a method, and in TDA for instance that will let you select Efficient Tax Loss Harvester, which will pick the worst performing bundle of those stocks you own to prioritize for sale first.

>>22395780
>>22395811
Sell Open
and then if I want to lock in gains, Buy Close
if it crabs, let it expire or try to arbitrage pennies on what "crabbing" really means.
And then I can't really lose unless my crab prediction is wrong and the stock skyrockets while I'm asleep.
Or some bankruptcy shit.
Thanks guys. I'll read more on OTM, ITM, rolling and all this stuff before I do anything stupid.

>>22395857
More like, how is it fair that those morons manage to make such magical plays as to turn 800 to 800k when I'll never turn these 50k into 1m and will instead have to keep putting in more for at least 25 years?

Picked up 100 shares of apple at 113.50 today how fucked am I? Dump at 120?

>>22395879
No idea. But if the big boys keep buying then that certainly isn't bad

>>22395641
Thanks anon. I have actually seen that analysis made before and was too scared to implement it last time, although I did catch pretty early on the upswing and still did alright. I cashed out a bit early too(1st week of August) so I missed about 5%gains but overall I am still up about 15% this year and safely parked in the sidelines with only about 30% left in equity. Pretty good for 2020, all things considered.

I hope that next week will be better

>>22395822
Anon you may enjoy this video: https://www.youtube.com/watch?v=a4_U6bS-cU4
This is some no bullshit advice that is probably not flashy enough for anyone that hasn't built up some real wealth already

THESE WOUNDS THEY WILL NOT HEAL

all in on sqqq lads
praying for a crash

>>22395857
lol. someone just lost $30k buying fucking BOEING calls. Boeing.

>>22395440
I routinely sell too early, by EOD, I'm up 9k on the year after the tech dump which vapiorised 6k, sill started with 10k I'm at 19k.

>>22395941
Whats all the hubbub about? Futures are blood green

>>22395871
the problem is they tanked during the covid crash too and i have no idea whether they'll crash again soon because of how fucked up everything is. the only time im buying into that shit is if we crash again and VIX hits 80+ so i know that the bottom is in and can start DCA'ing into my long term hodl positions, or we actually enter a period of stability where the economy actually makes sense again (which will require raising interest rates, and who knows when the fuck THAT will be).

Comfy

>>22395814
>GME
Just keep watching the SEC filings.
if im not mistaken, Cohen has to file within 2 days of any movements in his shares more than 1%
Bail the fuck out if he's reducing his position. More likely he's increasing his position and I'd expect him to have to file after Friday close if he's buying up the shares after Q2.

let's face it, we're not investing in Gamestop itself, but the prospect of a Chewy-Gamestop.
The lawyer that helped put together his SEC forms is (https://www.kkwc.com/attorney/christopher-p-davis/)) and seems to be specialized in activism shit.

just remember that you are not investing in Gamestop. You are speculating/gambling on Ryan Cohen. If gamestop was competent at all, they would have beaten expectations during the year there was a massive gaming boon. The current management continues to be absolute shit and they will squander all the cash away eventually.

>>22395901
keep it forever you fucking retard. apple isn't going anywhere. do you really want to make 650 now when you can make thousands in a few months/years?

>>22395769

>>22395857
It's so fucking sad how they have this amount of money and they waste it on fucking earnings yolo instead of just selling premium/collecting dividends
I would never have to work again if I had this much

Wanted to give a warm, heart felt "GO FUCK YOURSELF NIGGER" to the asshole who told me to buy AMRS. There goes $750 because I bought today

>>22395892
every now and then a couple of the million and a half users there makes a rash bet and it pays off. then they make another rash bet and lose it all. nobody who has ever gone on wsb is net positive.

>>22395941
>Futures green
>DIX up
I think we might be fine. No guarantees of course.

>>22395891
Your risk is getting your stock taken from you for your strike which means you lose out on potential gains. Say if 121 strike IBM. Bill Gates becomes its CEO, stock shoots to 140 in a hour. You get 121 for your stocks.

90% of the time you won’t really lose doing a cc though on the right stock.

I sell premium

>>22396009
Nice chart bro.

>>22395901
Sell at open tomorrow and buy back in at 85.

>>22395891
Yep, you're pretty much correct. The only way writing covered calls can truly go against you is if the stock tanks, but you already take on that risk by owning the stock anyway, AND you get the premium so if the stock starts tanking you buy to close the written call and then sell your stock and you're out.
The "worst" thing that could happen is the stock reveals they did something amazing and goes up bigly and you miss out on that gain.

>>22395986
where do i find this shit

>>22395704
When you sell the contract you collect the premium (minus the broker's fees). If the contract is in the money (ITM) (the stock's market price is over your strike price) it's almost guaranteed the contract gets executed obligating you to sell your 100 shares at the strike price. Since your strike is $1 over your cost basis you will make a profit of $100.

ex.
Anon has 100 WKHS he paid $15/share for.
He sells a CC at a strike of $16 for .85 (the premium), receiving $85 dollars (premium * 100 shares).
WKHS moons, hits $20 by expiry, and Anon's shares are called away for $16/share.
Anon nets $100 for the sale, bringing his profit for the strategy to $185.

However there are some people that assert Anon is a dumbass who actually just lost $315 in potential profits had he just held his sock and sold it for $20 himself.

>>22395981
>Blood green
>Nothing is up more than 0.26%
FEAR IS HOW I FALL

Anyone buying the AYX dip?

>>22396009
Why the fuck would you buy that? shits been getting shilled on here since the creation of /biz/

>>22395986
Great post man, yes this is it, long term multi year hold based on complete overhaul of the company.

>>22396036
lmao, never buy a chart that looks like this no matter how hard its shilled

die VIX

>>22395516
Just do it if you aren't confident in your decisions. I broke even and lost everything I had built since I started in June, and consider myself fortunate that I didn't sink with the ship. Just wish I would have sold a few days earlier. Throwing it all into a mix of VOO and QQQ next time around and just forgetting about the chase of individual picks. Focusing on my education and better job instead.

FLORIDA BARS ALLOWED TO OPEN MONDAY
>FLORIDA BARS ALLOWED TO OPEN MONDAY
FLORIDA BARS ALLOWED TO OPEN MONDAY
>FLORIDA BARS ALLOWED TO OPEN MONDAY
FLORIDA BARS ALLOWED TO OPEN MONDAY
>FLORIDA BARS ALLOWED TO OPEN MONDAY
FLORIDA BARS ALLOWED TO OPEN MONDAY
>FLORIDA BARS ALLOWED TO OPEN MONDAY

WAKE ME UP INSIDEEE

>>22396096
Sell signal.

>>22396076
Buy and hold.
Time in the market > timing the market.

>>22396096
As they should

>>22396101
Skydiving with the bois

>>22396031
>>22396046
>>22396058
Thank you v. much gentlemen.

>>22396113
Unironically. Means the economy is so fucked and there's nothing they can do to delay the inevitable, that only reopening can prevent economical death.

>>22396096
Based, when the markets crash, you’ll at least be able to get a drink with the boys.

>>22396053
>https://wallmine.com/nyse/gme/filings
i shouldn't have overlooked the profit taking on the sept 8 filing by Permit capital. I thought they were just reducing their positions since GME would have doubled their weight in their portfolio by now or something

So like say if I’m a retard and I magically got rich could I make a ton of money of calls and puts? Like if you’re some rich fuck you can put down 8000 and not notice and just keep gambling with 0 skill?

>>22396068
I trust you guys. I've listened to you all before. Didn't know this place was a honeypot for kike Jew pump and dumpers

>>22396143
Or maybe closing your entire economy for a glorified cold that kills fatties, niggers, and boomers is retarded.

>>22396161
yep, money makes money.

>>22395932
2 hours, definitely gonna watchthat when I get home tonight

>>22396062
no bobo NO

>>22396076
But if that stock can go that low it can also go that high no?

>>22395440
The country club is full of people who never sell...

>>22396173
You know you can make money if the market goes down as well right? Why are some of you so afraid of shorting?

>yesterday on /smg/: "golden bull run confirmed"
>...b...but..there's no reason to...vix is still iffy...
>Yesterday/smg/: fuck you. To the moon!
>today /smg/: how could this happen to me?????

Shit is going to get worse before it gets better

>>22396161
You will make a lot of money trading options. :^)

>>22394988
>If you had $10,000 in TQQQ on Dec 23rd, 2015. Less than 5 years later, you would have $110,000

Thanks, never selling

>>22396161

You're going to be counting on your beginner and dumb luck to carry you. I remembered when I started dabbling in options and turned $100 to $2000 buying BAC call options during a bull run. Lost it all though since I didn't know jack shit how options worked.

How the fuck do I even know what sticks to buy calls and puts on? I only watch like 7 stocks. I see everyone just buying random shit I never thought of.

Should I just focus on these 7? Or are they looking for a cheap contract price?

Buy the meme

>>22396170
>trusting the internet
what are you 80 fucking years old?

>>22395908
you can analyze it in other different ways too, 2008 basically gave you the blueprint to be fair. the covid crash top to bottom was around 37% of a drop on the SPY, so if the SPY ever drops around 30% that should be a good place to at least start DCA'ing in to a long term hodl position. that said, the 2008 financial crisis was a 58% drop on the SPY, though i feel it's questionable whether such a drop could happen again due to various new technologies that have been developed and new laws that were put in place as a result of that happening. something to keep in mind, though.

that said, the VIX topped out around 89.5 on 10/24/08 which actually is quite close to the bottom if you want to look at the chart some time. but again, these are once-in-a-decade situations and any time the VIX gets that high it's basically pricing in the apocalypse, so keep that in mind as well. that shit doesn't happen every day you know. that only happens when people unironically think the world is ending for some reason. most of the time the VIX hovers around 10-20 and more common volatility spikes only go around 30-40, maybe 50 sometimes. for an example this recent "tech bubble bursting" with softbank's selloff on thursday and friday got us up to 38 on the VIX. a 20% drop in shit like AMD in just 2 days for seemingly no reason didn't even get us over 40.

I wrote a rap that I plan on mixing over at the studio over the weekend, let me know what y’all think about the lyrics.

The end of an era -

run white bitch run
fast and faster till your legs burn
can’t run, can’t hide
satan’s judgements on the other side
held your white daughter on the floor
took turns until her legs don’t work no more
bring little billy out too, we goin bust some nuts in em too

END OF AN ERA BRAAAP
END OF AN ERA
END OF AN ERA BRAAAAAP
END OF EN ERA

slit your neck
slice your throat
watch your nephilim blood coat the sidewalks

you can’t run
Nigga you can’t hide
All you white mother fuckers gonna die

*violin solo*

oh my ancestors playin they war drums
we gettin ready for this war since the day we was born

SLAY EVERY CRACKA YOU SEE
SLIT THEY NECKS WATCH EM BLEED

end of an era white bitch end of an era

>>22396217
The Duality of man

>>22396155
which ones will show cohen's filing? i doubt that will be under the company's financials

>>22396238
People 2 stupid to actually do anything productive anymore.

Would rather sit on butts

>>22396161
No, majority of options expire worthless. You'll get death by a thousand cuts. Run the wheel on a major ETF like SPY or QQQ and you'll make more than enough to live on

>>22395440
Thats why you buy shit like msft, goog, aapl, nvda etc so you can wait on it. If you bought into big tech at march lows you feel no pressure to sell. At most you do option plays against it to hedge or scalp with covered calls

>>22394868
Tfw made 1k in Nkla puts today

>>22396087
I'll help you brave Dog!

TSLA would have been above 400 today without the macros

>>22396261
...what?

https://www.youtube.com/watch?v=PzPc-p72nsA

CONFUSING WHAT IS REAL AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

tell me why i shouldn't buy UCO $50 01/21/22 calls

>>22396249

>>22396288
What's wrong bb
We're green in the future

Is now a good time to buy RKT? or anything for that matter

>>22396255
SC 13D files. His first one was on aug 28

Trump is doing one of them rallys in Michigan. He's going to win again. If Biden wins, China wins, rioters and looters win, hunter biden wins, the radical left wins. This guy is going to a have fucking statues built in his honor. I love you all, this is going to push futures to neon Green. See you all tomorrow have a great night everybody.

>>22396217
only position i still have open overnight is my 100 shares of GME that is purely a gamble and i literally don't even care if it goes to 0, and my VXX short which i already sold half of in anticipation of more volatility coming up that i can reload on.

>>22396342
Based. Night, friend

>>22396238
Good post, saved in my 4chan nuggets of wisdom file. Usually one of out every few thousand posts or so.

>>22396235
Fuck you dude, I'm never listening to you stupid cuck niggers again

>>22396029
>>DIX up
uhhhhh...
This is bullish to you?

>>22396361
I keep posting to to the opposite of what /smg/ does. The peak shilling for SQQQ was after March 23rd. The peak shilling for TQQQ/TSLA was in the weeks leading up to the current dump.

>>22396312
this portnoy meme is outta fucking control

>>22396238
what are some good ways to position your money when VIX spikes? I've had good luck this week with a call spread vs getting eaten by vega on a put

>>22396387

>>22396342
Literally no. Trump was leading Hillary in the polls this time 2016. He's down in all battleground states. Don't even bother voting

>>22396346
I have a few cruise and airline positions still open that are crabbing their way up somehow.

Right now I'm down from $40-200 on each.

I don't think I can sell at a loss so I'm debating selling at open when they pump.

So far it looks like they may still crab up though so not sure if i should sell and buy lower or just keep holding

>>22394487
I'm thinking horse is the next big one we haven't even seen media attention yet and no announcements on their UPS contract.

>red dildos
Any reason?

>>22396409
shorting the VXX on VIX spikes is usually a good bet as long as you can handle the margin with your position sizing. i don't do options though so can't help you there, buying and shorting stock are way more simple and effective for me. VXX is rigged to always go down. for more in-depth explanation if you're interested: https://sixfigureinvesting.com/2016/10/is-shorting-uvxy-tvix-vxx-the-perfect-trade/

BOEING CONFIRMS NEW PRODUCTION ISSUE IN 787 AFTER THREE OTHER MANUFACTURING FLAWS
>BOEING CONFIRMS NEW PRODUCTION ISSUE IN 787 AFTER THREE OTHER MANUFACTURING FLAWS
BOEING CONFIRMS NEW PRODUCTION ISSUE IN 787 AFTER THREE OTHER MANUFACTURING FLAWS
>BOEING CONFIRMS NEW PRODUCTION ISSUE IN 787 AFTER THREE OTHER MANUFACTURING FLAWS
BOEING CONFIRMS NEW PRODUCTION ISSUE IN 787 AFTER THREE OTHER MANUFACTURING FLAWS
>BOEING CONFIRMS NEW PRODUCTION ISSUE IN 787 AFTER THREE OTHER MANUFACTURING FLAWS
BOEING CONFIRMS NEW PRODUCTION ISSUE IN 787 AFTER THREE OTHER MANUFACTURING FLAWS
>BOEING CONFIRMS NEW PRODUCTION ISSUE IN 787 AFTER THREE OTHER MANUFACTURING FLAWS
BOEING CONFIRMS NEW PRODUCTION ISSUE IN 787 AFTER THREE OTHER MANUFACTURING FLAWS
>BOEING CONFIRMS NEW PRODUCTION ISSUE IN 787 AFTER THREE OTHER MANUFACTURING FLAWS

>>22396326
Everything

>>22396376
please for the love of god what the fuck does the DIX mean? how do i profit from this? how do i even read this when there's no labeling for the x and y axes?

>>22396488
LMAO

>>22396445
Second stimulus isn’t going to happen until after the election or the market crashes. Obviously, this inflated market will not stay up without that stimulus, so it looks like second crash is back on the menu.

>>22396488
FUCK BOEING

>>22396488
Diversity in the US really is China’s strength.

IPOC / IPOB gang wya

>>22396225
Options is like betting on horses. Everyone wins the first time. Everyone. I doubled my money in the first hour. I thought it was magic. I thought I was a genius. Then, of course, I hit zero within a month.

>>22396513
Didn’t we already know there wasn’t going to be another stimulus weeks ago?

>>22396432
I remember alternative facts that he was. Behind in the polls until Comey reopened the investigation into Clinton 2 weeks before the election and she slid all the way to the finish line.

>>22396488
lmao how can they keep fucking up time and time again

>>22396560
Ya but it was confirmed today

>>22396488

Is it time to fire up those shorts again? I miss the shitshow from last year.

>>22396213
This. People who buy shit like MSFT WMT and KO and just let it compound for decades are the ones who will win in the end

>>22396560
I guess there was hope that there would be some kind of half measure second stimulus after the recess. Looks like that’s off the table now. So it’s rugpull time

>>22396335
thanks bro youre a legend

>>22396436
i assume with cruises and airlines you'll be fine in the sense that you probably don't care what they do until a vaccine comes out and people actually start regularly flying/cruising again, yes? if so then you shouldn't give a fuck what price does until that happens, all you should worry about is whether whatever you're invested in could go bankrupt or not. as long as they won't i'd say you're fine assuming that's the play you're making, a play which could take years to unfold but could give big gains if it works out eventually. me personally, im waiting for an actual covid recovery to start taking place (i.e. a working vaccine comes out which doesn't paralyze people's spines) before i actually look into making one of those plays. still plenty of money to be made then imho

>>22394240
There won't be lower

>>22396560
yeah but it wasn't baked in

>>22396472
>shorting the VXX on VIX spikes is usually a good bet
definitely. thanks for the link anon

>>22396566
>>22396575
Seems more like a bear trap to me.

>>22396173
Of course it's retarded, but you know they'll keep virtue signaling as long as they can, stopping only in extreme life-or-death cases. Hence bearish.

>bought tesla on the dip
>profited despite the crazy dips today
feels good

>>22396574
i'm worried TSLA will be on that list in 10-20 years and i'll be suicidal on the thought i sold at 417

BOOOOOOYYYYYS I get paid at 3am on Friday, should I buy something or wait till Monday?

>>22396488
lol nobody in aerospace follows operation sheets anymore not even the engineers. G men will never let it fail though but it will remain a zombie

>>22396432
wtf I'm staying home now?

>>22396488
Imagine EVER flying in new boeing plane

>>22396501
X is time
Y is arbitrary value that can be compared to the arbitrary value of another time
Dix is dollaridoo index
Dix up stonks down
Dix down stonks up

hey i was wondering something if anyone can remember, since we're talking about the VIX:

i was looking at november 2016 to see what effect the election had on volatility and it looks like basically nothing? i mean there was a small spike up to around 20 but nothing major. but on 8/24/15 and 2/6/18 we got up to fucking 50-ish on the VIX, what happened around those times? anyone know?

Oil prices for Nov. 1.

Call it.

>>22396544
So does this mean I will make it? Lost money on all three calls I bought.

>>22396501
>there's no labeling for the x

>>22395811
brainlet here. So you sold the contract for $90 and bought it back for $29. Netting you $61 dollary doos? I am interested in doing my first covered call too and I am trying to figure out how to play it.

Thanks fren

>>22396641
>msft WMT ko
>all very succesful companies with decades of profits, that employ hundreds of thousands of people, and consistent steady growth in stock price that pays dividend
>TSLA
>lel stonks
Don’t worry about it

someone make a new thread

>>22396597
I tried getting in at 203.50. limit didn't fill. Feels bad

>>22396488
i'm so fucking glad someone here talked me out of boeing when i first started """investing""" in april

>>22395811
And in this case you are selling a call not selling a put?

Covered Call vs Covered put confuses the fuck out of me. Even with trying to read it I can't seem to get a straight answer on the difference.

>>22396670
what's the difference between the DIX and the DXY?

>>22396501
>no labeling for the x and y axes?

Fuck, we could be going backward in time and not even know it

>>22396645
wait

>>22396619
Maybe. But what reason do we have for going higher? Macros are literal depression. The only thing keeping things from falling apart was the stimulus and hope for more. Now that they are turning off the tap, things are about to get real ugly. The only thing to sustain the rally would be a big announcement of more stimulus. Since that isn’t happening, I don’t know why things would continue higher.

>>22396670
>>22396501
To correct me its dxy

>>22396438
I actually like horse overall but no, it's not the next big thing I think. The next big thing requires the same thing every other thing before it has always needed:
- massive control (NET or Netflix-tier) even before it's worth anything
- Meme appeal (either a meme CEO like musk, a monopoly like NET, a b2b meme like IBM's "nobody's ever gotten in trouble for buying IBM", or some such)
- A moment-capture (TSLA is doing a straight 1:1 jobs-clone AAPL play and rerunning 20 years old tech while pretending to have invented it -- that works. Another way is to be moderna if the mrna vaccines actually work (but they won't). Pioneering the next generation of internet works too.
- Mass appeal (everyone knows what a car is and does, but a truck?)

>>22396704
once the second coming of battery jesus is released upon the world on battery day i may be filled with regret

>>22396739
sounds like im gonna have some real easy day trading shorts to make in these coming days/weeks. can't wait.

>>22396686
Son, if this is your first time betting, God will intervene to save you. Everyone wins their first try.

>>22396760
There will be not battery day, they are replacing it with buttery day

>>22396716
*crackle* hello uhhhh this is your captain speaking. We’re experiencing some uhhhhhh minor turbulence, but uhhhh the 737 max is uhhhh more than capable of navigating through head winds. We should be landing in uhhhhh Newark airport here shortly. *crackle*

>>22396739
Economic recovery of the country is happening, albeit slowly. Places are opening up again, etc

>>22396724
It's not even difficult
A Covered call require you to have 100 shares for each contract and a Cash secured put requires collateral (money) to buy the 100 shares, If it's ITM you get assigned and keep the premium, if not it expires worthless and you still keep the premium
All I do is sell premium

>>22396724
This case I showed was a covered call yes.
When you sell a covered call, the "covering" comes from owning 100 shares of the underlying stock for each call you sold. So, in the event your call gets exercised, the call holder buys your 100 shares at the strike price. It would be possible to sell calls without covering, but that entials potentially unlimited risk. If the stock just mooned like crazy, you could be on the hook for a huge amount of money. Brokers would't let normies like me do it, so we have to be "covered:

Puts are diffferent. Puts are a contract to buy stocks at the strike price. They are "covered" by cash. My broker won't let me write a put unless I have the purchasing power available to buy 100 shares of the stock at the strike price of the put.

Covered calls and puts can be chained in a cycle called "the wheel"

sell puts on a stock until you get assigned, buying 100 stocks. Then, sell covered calls on the stock until your calls get exercised, and you get put back into cash and start the cycle over.

>>22396101
your going to make it.

>>22396619
Yesterday felt like a bull trap to me and we got shit on today. I can't predict the future, but I assume we're just gonna crab so the market makers can fuck the people that buy weeklies. Long term bullish, but who knows what'll happen over the next few months with this bullshit election happening.

>>22396726
I was talking about dxy
After a quick internet search dix seems to be some ritualistic wicker index that tells you how many virgins get sacrificed right now

>>22396739
What if. What if. That what they want us to think. So then their buddies can swoop the cheapies. Next week the assfags agree to stimulus. Boom next leg of bull run confirmed. Just drunkenly spitting

>>22396803
Got a apple 150 end of October call after our first leg down. Hell we were cruising it seemed reasonable. Thennnn bought a sqqq call and got week hands on the fag pump yesterday and sold out. Then bought a spy call this morning thinking we may come back. Got weak again. So technically I've only fucked myself

>>22396594
Thats fair.

What I'm banking on is oil and natural gas as my major investments.

I'm bleeding everyday with XOM, NGL, HPR and Oasis but they all have pretty strong balance sheets.

Oasis is a bit concerning since it may get delisted since its come down to less than $1.

OTC pink sheet still works for me though. They did better than they expected this past quarter and its majority of shareholders are institutional.

I was planning on cashing out in at least 1 year from now.

Love seeing the daily shit show though lol

>>22396749
What’s so great about NET? I’ve been watching do literally nothing for 2 months now while every other tech stock was mooning

>>22396844
So do you sell long calls or weeklies I haven't been following along? Also are you selling super high calls hoping they don't get assigned or just slightly higher than realistic expectations? What helps you determine a strike?

>>22396964
It's reddits favorite stock

>>22396964

Im down $900 on Net

Futures BLOOD green
Not that it means anything nowadays

>>22397026
What’s the hype? It’s little niche product could easily be eaten up by Microsoft or google

>>22397011
I've been selling my calls about two weeks to a month out at prices that I feel would be unlikely to be assigned (I didn't really think tqqq could reach 165 by sep 18, even though I own it i'm not THAT bullish). Then I generally buy them back once (if) we have a big dip. Obviously I could have made a lot more profit here if I had sold at a lower strike, but increased the risk it would get assigned and i'd lose my shares. You've just got to use whatever tools or intuition you have available to you.

Today I bought nvda but that peg scares me. Did I do the right thing?

>>22397048
I have no idea but there's a huge amount of reddit threads praising the stock even though the company won't be profitable for a few more years

Plenty of NET niggers here too but I think that was just short term for the earnings report

>>22397117
Now what if you wrote a call. But also bought a call under your strike. Say then you got assigned on your call you could use the option you bought to buy back in?

anyone here care about election volatiltiy, or is everyone here a retard?

>>22397372
You're the retard you retard, now head to the new thread before we die in here

Buy the dips. Support innovation. Zoom and Tesla are the future.

>>22397276

Simultaneously buying+selling the same contract terms is effectively nullifying the position you opened, as you would theoretically neutralize the premium you gained selling the option by buying it back. In that case you might as well have just held onto the equity/cash position and let it float on the market.

>>22397276
Sounds like a Poor man's covered call strategy, you would buy ITM LEAPs and sell OTM calls using your LEAPS as collateral

>>22397388
kys. guess this place is dead after all. rip

>>22397372
https://www.youtube.com/watch?v=zGX9MBhNXBg

>>22397372
>>22397427
BLAH BLAH BLAH fucking priced in you mouthbreathing monkey dumbfuck

VIX prems have elevated since LAST YEAR. Gee, an election coming up in two months, who could have ever predicted this??? I must be the only person in the world to ever think about this, I am a genius!!!

Leave and never come back you stupid fucking nigger

>>22397398
It sounded better in my head. But it would actually be a higher premium to have the lower strike anyways so doesn't make sense. Man I should really try to understand options better sober instead

>>22397566
>VIX prems have elevated since LAST YEAR
>LAST YEAR
kys

>>22397450
bond vol part is interesting. i see vol of high yield is relatively sane. thing is i have sp500 historical data to compare past election performance but not bond data. thanks this is interesting.

>>22396044
This is where I see the low end as well and I am out 2800 if it dips there, kinda scared of a tech bubble