/Make It/ - General (Deutsche Bank Edition)

[Anonymous No.17807759]

Hi frens, I got kind of lucky, and I was able to turn $500 into 22k in 3 months.

I am 20 years old and I make $15 an hour, part-time while in college

>Bought calls on QQQ in December
>Bought calls on AMD in December

>I shorted Tesla at $700 because I knew it was a meme stock that was incredibly overvalued based on the (3x Revenue) valuation principal.

>I shorted LVS in January due to the fact I knew Casinos in China were going to report an 88%+ loss in Revenue and that Vegas conferences would be shut down.

So now, that we have dropped so much, so quickly, I am betting that we will “Crab” for the next few months and I believe we will eventually reach a ~50% loss in the markets due to “insane QE policies, and Deutsche Bank going insolvent”

How do I profit from this assumption? I want to keep growing my portfolio but I know options trading will get less profitable as volatility goes down.

Also the fact that I have seen an influx of “normies” shorting the market by buying PUTS and bragging about their gains indicates to me that we are reaching a point where this strategy will no longer work.

Lmk frens and I will share my oppinons on the market.

[Anonymous No.17807845]

>>17807759
>Deutsche Bank going insolvent

[Anonymous No.17807889]

>>17807759
If the market crabs, you can make money by selling way out of the money calls and puts. When volatility dies down, this strategy will become less profitable and you should expect a directional trend to resume.

[Anonymous No.17807996]

>>17807889
This might sound insanely stupid, granted I am 20, with 3 months of market experience.

But how far OTM does the option have to be in a “Crab Market” to provide a maximum gain.

An example would be Tesla. I have a strong belief that Tesla will get murdered after earnings for Q1 are announced, lets say I buy PUTs with 5/15 expirations or later, Tesla is currently ~530. Does a $450 strike, or a $420 strike, make more money if tesla drops to $410.

It’s the $450 strike right?

[Anonymous No.17808208]

>>17807759
bumping my own thread because I’m a retard zoomer

[Anonymous No.17808844]

>>17808208
bump

[Anonymous No.17808998]

>>17807996
The ideal timeframe is 30-60 days out. I don't know the ideal strike price. You want to sell OTM and make money from time decay. I'm not an expert, so do more research on "probability trading" and selling options.