/smg/ - Stock Market General

[Anonymous No.19137861]

TA edition

>Brokers
https://pastebin.com/F1yujtVq (embed) (embed)

>Stock market Words
https://pastebin.com/VtnpN5iJ (embed) (embed)

>Risk Management
https://pastebin.com/sqJUcbjp (embed) (embed)

>Educational Sites
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain
https://nhentai.net/tag/business-suit/

>Free Charts
http://www.tradingview.com
https://www.finscreener.com/

>Screeners
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Pre-Market Data and Live Data
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/
https://www.msn.com/money

>Bio-pharma Catalyst Calendar
https://biopharmcatalyst.com

>Boomer Investing 101
https://www.bogleheads.org/wiki/Getting_started

>Dividend Reinvestment (DRIP) Calculator
https://www.dividendchannel.com/drip-returns-calculator/

>List of hedge fund holdings
https://fintel.io/

>Misc
https://squeezemetrics.com/monitor
https://market24hclock.com/
https://tradingeconomics.com

prev
>>19132804

[Anonymous No.19137879]

What in absolute TArdation?

[Anonymous No.19137910]

>>19137879
fibb retracement setting up supports and resistances out to the 70's

[Anonymous No.19137918]

Argentina & Buenos Aires Province may default on a combined total of ~ $72 billion in government bonds later this month. Buenos Aires has already been downgraded into 'selective default' by S&P Global.

[Anonymous No.19137922]

>>19137879
fibb retracement of the great depression setting up supports and resistances out to the 70's

[Anonymous No.19137935]

Great new series with Sven Henrich, Dan Nathan, and Guy Adami. Guy/Dan are some of the very few people on CNBC that ever dare to criticize the Fed's actions, and I think you all know Sven's standpoint (@NorthmanTrader). Anyway this is outside the restrictions and pressures of a cable network so there's actually some really good back and forth discussion here
https://youtu.be/cLqCLBD_7Ds

Last week: https://youtu.be/hRAk__R30Kg

[Anonymous No.19137971]

Boeing, Apple, Qualcomm and TSM are essentially fucked, no?

[Anonymous No.19138008]

There is no debt issue.

[Anonymous No.19138009]

>there are people on here right now with both KO and PEP

[Anonymous No.19138035]

>>19138009
>there are people with either KO or PEP

[Anonymous No.19138034]

>>19138009
That's so devious it would make jews jealous

[Anonymous No.19138060]

Why haven't you got into gold/silver miners yet, lads?

[Anonymous No.19138111]

>>19137935
I hope your mother dies a painful and slow death

[Anonymous No.19138121]

Any realistic possibility of VNQ going below 65?
I want cheap real estate before banks buy it all and keep it empty

[Anonymous No.19138128]

>>19138009
>he bought KO and PEP

[Anonymous No.19138144]

I think Amazon will be toast in a few months

7 dead of China Shivers and counting, if they keep going which they will, theyll be either ordered to stop or the employees'll fuck off

[Anonymous No.19138156]

BP a good buy on Thursday? Or wait to see if they cut the dividends?

[Anonymous No.19138173]

Amazon, Tesla, Boeing, RCL
USO, PG&E, LibertyTripAvisor.B, SQQQ Calls

[2 scoops !!DU22SQMj6dQ No.19138203]

Quick reminder that you're all major gay and I have biggest bepis
Brb, gonna drink a shitload of bleach

[Anonymous No.19138206]

Where can i get info on how to make more money as a broker from traders?

[Anonymous No.19138207]

>>19138173
>SQQQ calls

literally throwing away money

[Anonymous No.19138218]

>>19138121
>40% specialized REITS
>golf courses, movie theatres, race tracks...
I bet it gets lower, with everything else.

[Anonymous No.19138226]

>>19138144
They are also refusing to say how many employees are infected/sick, staff are already refusing to return to work just like the meatpacking plants
https://www.theverge.com/2020/5/14/21259474/amazon-warehouse-worker-death-indiana

[Anonymous No.19138243]

>>19138207
*ahem*

[Anonymous No.19138260]

>>19138121
I bought it at 70 because I'm a retard, I think it can go down lower, will probably hold it for a while for the divvy

[Anonymous No.19138261]

>>19138060
I have Barrick, Newmont, Kinross. Will add yamana and wheaton metals. I should of bought Guyana gold fields before the merger.

[Anonymous No.19138281]

>>19138121
You're waiting for a 5% drop? That's a difference in yield of approximately nothing

[Anonymous No.19138288]

Anyone knows if the JCP ticker is gonna exist on Monday, and what direction it will go?

Shorted 1000 stocks at 024 because they were shilled to go up to 1$ in reddit and here.

[Anonymous No.19138294]

>>19138261
Correction, Guyana gold fields is considering a meter with gran Colombia. Guyana gold fields is 94 cents a share right now.

[Anonymous No.19138318]

>>19138294
merger*

[Anonymous No.19138325]

>>19138281
thing is you can never wait for an ideal entry point with that Jerome fuck buying every rotten shit in sight

[Anonymous No.19138340]

>>19138060
I have Barrick and a junior miner ETF. Both undervalued IMO - production is declining and Barrick has some cheap mines producing mountains of cash. Can buy up all the good shit.

Impossible to pick juniors without deep knowledge of mining and geology so just buying the index in this case.

[Anonymous No.19138349]

>>19138288
>Anyone knows if the JCP ticker is gonna exist on Monday, and what direction it will go?
If its delisted you will still be able to "buy" the stock to cover your shorts.
The price will be around 0.00 of course so a full profit. Thats how it works with options at least.

Thats said
>Gambling with pennies

[Anonymous No.19138357]

>>19138325
I bought xom, jpm, wfc, cnk and dal on Friday 1 minute before close. I don't know anything about smart decisions.

[Anonymous No.19138394]

>>19138349
Its not dumb if I make money weeb.

[Anonymous No.19138418]

>>19138357
>JPM
Ouch. Hope you at least start hating Buffett.
>>19138394
It can be profitable AND retarded desu.
But whatever works for you.

[Anonymous No.19138435]

Is there any way to tell if a company is going to cut a dividend despite claiming that they won't biz? Specifically I am talking about certain aspects of the balance sheet such as current holdings to expense ratio or cash on hand etc.?

[Anonymous No.19138446]

>>19138325
that's what dca is for

[Anonymous No.19138451]

>>19138418
>Buffett
>Old man who refuses to use computers and who's claim to fame is buying coke stock 50 years ago and sitting on it
What about him?

[Anonymous No.19138505]

What the fuck is this pattern? Going downstairs?

[Anonymous No.19138539]

>>19138505
Hold, it will bounce back!
C'mon, hold!
Hold!!!
I give up, sell

Repeat

[Anonymous No.19138550]

>>19138435
As a general rule, dividends come from net profits. If the company has no net profit, there is no dividend.

Some companies have a big enough profit margin that they can continue to pay dividends even when revenue drops - it just means they do so as an alternative to investing that money in growth or maintaining an cash operating buffer.

[Anonymous No.19138567]

>>19138451
What do you mean?
>Buffett slashes Goldman Sachs stake, trims JPMorgan
>The company cut its investment in JPMorgan Chase & Co. by 3% in the first quarter. Buffett’s company has been a big investor in banks in the past, normally trying to keep many of those stakes below a 10% level often scrutinized by regulators.

Buffett has an army of boomer fucks following his "advice". JPM will definitely dump monday.

[Anonymous No.19138617]

Buffett trims stocks down below 10% stake to avoid liability. The real news isn't JPM it's the bank he took a bite of and dumping goldman

[Anonymous No.19138634]

So how many of you morons bought JCP because it was a cheapie?

[Anonymous No.19138639]

>>19138567
It's a bee's dick away from its March low, it can certainly drop more. But that's why I put in $1k and not $10k

[Anonymous No.19138663]

>>19138226
It’s an employers market, especially so for amazon. They can either hire other unemployed ppl desperate enough for a pay check to risk infection or they’ll increase investment into automation and simply remove those jobs permanently.

[Anonymous No.19138666]

>>19138634
Jeff Bezos came here and said he was going to buy it.

[Anonymous No.19138677]

>>19138663
Wrong. They don't pay more than unemployment does.

[Anonymous No.19138680]

>>19138617
Buffett holds way less than 10% in JPM as far as Im aware. And he dumped like 2 million of this stack, which is basically nothing.
It will still trigger some boomer cunts.

GS is obviously way more fucked.
>>19138639
Makes sense. Good luck

[Anonymous No.19138688]

Can anyone explain what the macroeconomics of the next few years are going to look like? I've heard some pretty frightening stuff.

[Anonymous No.19138697]

>>19138567
Just like when he said the entire market was going down and announced he dumped all airlines (at the bottom) am I right? Oh... wait.

[Anonymous No.19138729]

>>19138677
And then what happens when the boosted unemployment stops and returns to normal levels? Those ppl who walked off will need to find new jobs. Employers may not look kindly on ppl who refused the order from their employer regardless of the situation. Companies want dependable and reliable workers.

[Anonymous No.19138733]

>>19138697
I think every sane person had already dumped their airlines though.
We will see on monday. I think GS will get -6% easily. Maybe some other banks down a bit too.

Im happy to be wrong, because that means less and less people listen to the guy.

[Anonymous No.19138738]

>>19138688
World is a fuck
28765860 dead boomers
I am corona man

[Anonymous No.19138759]

>>19138688
IF we stay shut down, UBI will be implemented, which will put a floor on demand. Rich people will keep buying assets and consolidate wealth. Pic related. CBs will brrrr to maintain liquidity.

The realistic scenario is that countries re-open, a lot of people will die. GDP will hit a road bump and keep trucking on.

[Anonymous No.19138764]

SHRM is love

SHRM is life

[Anonymous No.19138766]

>>19138688
People are going to go fucking mental spending big in casinos, hotels, road trips, and now that they're all working from home they can work during the day and gamble at night and then drive to the next adventure to wash away any memory of the oppression they lived through

[Anonymous No.19138791]

>All this hate against Based Buffett's Basket of Berkshire Bucks

SEETHING RETARDS BUYING FINANCIALS AND AIRLINES AT THE BEGINNING OF A GLOBAL DEPRESSION

If you listened to Munger and Buffett months ago, you'd understand that they want to have cash on hand to keep their businesses afloat. Geico, Dairy Queen, See's Candy, Net Jets, Duracell, Fruit of the Loom, Nebraska Furniture Mart, etc. aren't going to get bailouts.

>>19138128
>>19138009
>>19138035
Imagine not owning two of the greatest American companies... and two of the few multinationals who will thrive during the backlash against globalism

Two of my largest RH positions, as well as IRA positions.

>>19138764
you ever try muscaria?
I posted about those canadian publicly traded psychedelic companies a while back, surprised anyone actually tried putting money in them...

[Anonymous No.19138794]

>>19138729
>And then what happens when the boosted unemployment stops and returns to normal levels?
Then yes, it will BECOME an employers' market for the low-wagers. But that also assumes several things, like that the people who are profiting off unemployment now didn't have better work conditions in their previous job and aren't easily employable in the same generic area. Which is, to be fair, very likely.
But it is absolutely not CURRENTLY an employers' market.

[Anonymous No.19138814]

Kek, if your planning to hold a company's stock for "life" then what does it matter to you about this short term shit other than it being a damn good time to buy more of it. The company will rebound. The stock price will go up, meanwhile you'll be sitting back relaxing while your wealth goes up. Sounds like a damn good plan to me, but hey what do I know.. other than I've got 63 years to go till I hit 100. Think about all those gains I'm gonna make during those 63 years.. Buying during this epic dip is like a gift from god.

[Anonymous No.19138844]

>>19138729
>And then what happens when the boosted unemployment stops and returns to normal levels?
Anon, what do you mean? It wont return to normal levels in year. Nobody is getting re-hired. Hiring stops on large scaled and job openings are falling down a cliff right now. Everyone is cutting workers. Large corps are working fine with distance working and small business are going bankrupt at the fastest speed right now.

Pic unrelated, but for the TA /smg/ thread.

[Anonymous No.19138845]

>>19138759
>The realistic scenario is that countries re-open, a lot of people will die. GDP will hit a road bump and keep trucking on.
I think it'll be a mix. If you were a governor, and you knew the money store was open 24/7, would you want to let your voters die knowing you could be blamed if it gets out of hand?

>>19137971
>hating buffett
>thinking Apple, QCOM, and TSM are fucked
is your brain broken?

[Anonymous No.19138863]

>>19138766
This doesn't sound right. In the US alone millions have lost their jobs, huge drops in retail sales, even if the lockdown is lifted soon the economy seems pretty fucked.

[Anonymous No.19138869]

>24 hours until futures open

[Anonymous No.19138894]

>>19138845
>is your brain broken?
Yes.
Doesnt mean I cant hate the old tard for saying stuff though. Too many people follow his orders and he makes a profit off of them.
>thinking Apple, QCOM, and TSM are fucked
Short term? Probably. With the news on China coming out I doubt they have much upside potential for now.

I also memed myself into buying KO shares and they dropped off a cliff just after that so Im a bit buttbothered by that.
>>19138869
Weekends are so boring.

[Anonymous No.19138916]

>>19138863
Look at the world news. Every country that ends lockdown turns into a super bowl party. People who lost their job are not people who spend big in Vegas or hotels or road trips anyway so their money won't even be missed

[Anonymous No.19138918]

>>19138688
>Contraction in consumer demand
>This causes falling prices and production cuts
>This causes unemployment
>This causes government to print money to support unemployed
>Money goes into cost of living staples and infrastructure programs
>Increased spending bids up commodity prices
>This causes inflation
>This causes a policy response (either higher interest rates or letting inflation take place)

So good investment strategy is contrarian
>Contraction in consumer demand
>This causes falling prices and production cuts
>This causes unemployment
>This causes government to print money to support unemployed
You are here
>Money goes into cost of living staples and infrastructure programs
Sell staples, buy industrials
>Increased spending bids up commodity prices
Sell industrials, buy gold
>This causes inflation
>This causes a policy response
>A. High interest rates
Sell gold and buy high interest treasuries and real estate
>Letting inflation take place
Sell gold, move to a different country

[Anonymous No.19138938]

you can't say "cunning" without "cunny"

[Anonymous No.19138942]

>>19138916
>People who lost their job are not people who spend big in Vegas or hotels or road trips anyway so their money won't even be missed

I don't think this kind of spending makes up that much of the real economy.

[Anonymous No.19138952]

>>19138791
>I posted about those canadian publicly traded psychedelic companies a while back, surprised anyone actually tried putting money in them...
SHRM has an actual cash on cash revenue growth strategy, the others are shitcoins

[Anonymous No.19138961]

>>19138942
But if all you hold is aple, mgm and xom it's all that matters <3

[Anonymous No.19138973]

The economy is toasted and with the pandemic still face-fucking itll stay that way

We have 50 individual states that will take turns lifting restrictions and then closing again when everything gets all fucked up as well as an uncoordinated pandemic response team thats bleeding experts because Trump likes putting his fingers in everyones fucking pie. And itll stay that way until faith in th Federal government is erroded completely, and the value of the dollar has been absolutely decimated in an ironic twist.

[Anonymous No.19138977]

>why yes I post anime pictures on /smg/ how could you tell?

[Anonymous No.19138983]

>>19138916
No they're the motherfuckers who are overleveraged on auto loans and cellphone loans contracts. The 40m people that commute to work every day, that need oil, the oil that drums up 8% of US GDP. The oil industry that employs a substantial portion of the populace.

>thinking vegas is going to pop
You're a fucking idiot.

[Anonymous No.19138996]

>>19138977
Pick one senpai

[Anonymous No.19138997]

>>19138918
Interesting playbook... did you come up with this yourself?

>>19138894
>Too many people follow his orders and he makes a profit off of them.
He's been getting so much hate lately. Looks unwarranted to me. He had to give a speech, and he said don't bet against the US, but was pretty straightforward about how difficult things are going to be short term. People were frothing at the mouth. What was he supposed to do?

>>19138938
I'm getting real fucking annoyed with cunny right now, pic related

[Anonymous No.19138998]

>>19138973
Sweden stayed open, had no waves, the lockdowns were to flatten the curve and give hospitals time to prepare, the curve has been flattened and hospitals are prepared, there is no further reason to keep lockdowns.

[Anonymous No.19139004]

>>19138973
I can guarantee you one thing, another lockdown will never happen, even if cases somehow skyrocket and deaths are going for a 2017/2018 buttcoin moon mission. This would result in an economical breakdown and US is already fucked.

[Anonymous No.19139011]

>>19138973
Wrong. It will reopen, 10% of all boomers will die ushering in a new golden age, and America will be remembered once more as the Greatest Country on Earth and the Land of Opportunities. The American Dream will be back and for once, our generation will be able to work for a reason, not merely to prop up our masters as the slaves we are.

[Anonymous No.19139021]

im getting some qcom calls if it dips dips to 70-73

[Anonymous No.19139022]

>>19138035
KO is 100% of my Roth IRA

[Anonymous No.19139035]

>>19138997
>What was he supposed to do?
I dont blame him for saying these things or doing what he does. I hate him for being able to manipulate boomers into doing stuff. He could fart and some people would do TA on that.

Its a dislike based on the effects, not the causes.

[Anonymous No.19139044]

reposting my favorite screenshot i've taken through all this.
2% candle on the 1min chart of the fucking S&P

[Anonymous No.19139045]

I did a preliminary screening of some great covered call opportunities for next weeks earnings.
FL - Foot Locker, Inc.
WB - Weibo Corp
KSS - Kohl's Corporation
GPS - Gap Inc
VIPS - Vipshop Holdings
HRL - Hormel Foods Corp
HPE - Hewlett Packard Enterprise Co

These companies have earnings reports coming out next week. The premiums on near the money options are at 2% or greater. WB and FL have the highest premiums percentage at 5% and 8%. This is a good opportunity to make a low risk play with decent upside. The strategy I am executing is to purchase shares in lots of 100 and sell covered calls to collect the premiums at the start of the week (or the Friday before the weekend).

An example:
Buy 200 shares of FL at $23.50 for a total of $4700
Sell weekly calls at $24 for about $1.50 each, net credit of $300.
Possible results:
Week ends at $26 (+10.6%) = $5100 ($24*200 + $300 from calls) (+8.5%) : Delta: -2.1%
Week ends at $25 (+6.4%) = $5100 ($24*200 + $300 from calls) (+8.5%) : Delta: +2.1%
Week ends at $24 (+2.1%) = $5100 ($24*200 + $300 from calls) (+8.5%) : Delta: +6.4%
Week ends at $23 (-2.1%) = $4900 ($23*200 + $300 from calls) (+4.2%) : Delta: +6.4%
Week ends at $22 (-6.4%) = $4700 ($22*200 + $300 from calls) (+0%) : Delta: +6.4%
Week ends at $21 (-10.6%) = $4500 ($21*200 + $300 from calls) (-4.3%) : Delta: +6.3%

Note: When the Call is not executed, you may choose to continue to hold the stock and wait for it to rise again.

As you can see, with such a high premium, the upside for covered calls is quite high and the downside is partially mitigated. If you are expecting a drop you can sell deeper in the money calls, and if you think it will pop, you can sell higher out of the money calls.

Previous weeks covered call results:
200 DKNG selling May 15 25C / Cost Basis: $4847 (-$258) / Outcome: $5258 (+8.5%)

[Anonymous No.19139048]

>>19138008
I am starting to think the post-2008 recovery was bullshit

[Anonymous No.19139051]

>>19138203
What a big rod

[Anonymous No.19139058]

>>19138998
Swedish people are the most cucked ones of all. Sweden had a partial lockdown, gatherings up to 50 ppl were forbidden. People voluntary stayed at home - obviously, if you follow MSM once, nobody wants to be part of an experiment. But i agree with you, lockdowns will never happen again.

[Anonymous No.19139080]

>>19139048
It was, it was entirely propped up by even more debt and the one time someone tried to do something about it, the minicrash of 2019 happened.

[Anonymous No.19139099]

>>19139080
Keep propping it up further, boomers have max 10-20years to go, then the don't need to care anymore.

[Anonymous No.19139118]

>>19139045
I'd rather do a straddle desu senpai.

[Anonymous No.19139132]

>>19138983
>You're a fucking idiot.
Casinos are like 65% of Nevada tax revenue. Nevada won't let them suffer for long.

[Anonymous No.19139152]

>>19139080
The djia struggled with 27000 for a long time before it finally broke through and then this happened. I don’t think we get back there for a bunch of years.

[Anonymous No.19139162]

>>19139045
>Doing CC on stocks based on premiums not your will to actually hold the stock long term
Just buy options then.

>BABA
>PYPL
>FB
>AMD
Or NVDA with lmao 60 IV

[Anonymous No.19139168]

>>19139048
>>19138008
No shit. Companies learned that they can do whatever they want and government will save them. On top of that, they could fudge the numbers just a bit in combination with stock buy backs to sky rocket the price of shares. If you paid attention to the latest earnings, you'd see something interesting. How did these companies perform so well despite the catastrophe? The truth is, they were never performing that well to begin with. They took out loans and bought back stocks and manipulated earnings to balloon their value, which let them get more loans and repeat the process. This is why buy backs is a controversial topic right now, its good for share holders but it gives the illusion of growth when in reality the company has been stagnant. Remember the mantra: Green line go up!

[Anonymous No.19139182]

>>19138998
Sweden has 1/30th of our population. If you do some quick sloppy maths and scaled their deaths up to our population which is 30 x 3,674 they would have 110,000 deaths as of right now.
And theyre still steadily on the rise.

If it was an experiment to just let it happen and expect it to be better, it would have failed.
It was just acceptance of the fact and to just roll with it. And that aint working. Their death toll is 1/7th of their case count. There is no cause for celebration, my guy

[Anonymous No.19139233]

>>19139022
You should diversify into the ultimate snacking stock, PEP. People gonna eat chips and drink BANG! even if the bars and restaurants stay closed.

>>19139035
>Akai Mato reaction pics
nice.

[Anonymous No.19139246]

>>19139118
They are fundamentally different strategies. Straddle has much higher risk. Your capital is all up front and if the stock does not move enough you may lose all the value. Covered calls is a low risk (some may say even no risk) strategy to generate weekly income.

>>19139162
>Just buy options
Terrible idea, and not even close to equivalent. This specific covered call strategy is based on the options premium increase around earnings. You mitigate risk by purchasing shares, and collect a premium to benefit from theta and minimize downside risk. You can quite safely make 1% per week if you put in the time and effort to research appropriate stocks.

[Anonymous No.19139272]

all the billionaire boomers and their doom saying are scaring me. should i liquidate everything? im 40% in equity right now.

[Anonymous No.19139276]

>>19139246
You seem to be extremely new in option trading my dude. You have a shitton of reading to do before you perform those trades you're eyeing. I strongly encourage you to get to it, and against your current investment plans.

[Anonymous No.19139291]

>>19139233
PEP is such a great stock
It's a stealth Frito-Lay/Gatorade buy
anyone who doesn't buy PEP is unaware

>>19139272
steady in, steady out
if you aren't sure, don't sell more than 5% of your stack in a day, that's just being emotional
look at the stocks you hold, decide which one(s) you would sell if you have to, then decide... if you were all in cash now, would you buy that stock at that price?

[Anonymous No.19139334]

Is it a good idea to buy a shit ton of TVIX to prevent my positions(margin) from going bust?

I mean if it goes below 100 corona shit is over and my stuff will go up.

Is my thought correct?

[Anonymous No.19139335]

>>19139291
>>19139233
bepisfag reporting in

[Anonymous No.19139350]

>>19139058
Look up the early reopening of San Francisco during the Spanish flu

[Anonymous No.19139357]

>>19138996
if I have to, sleepy. You should still consider sudoku tho fren

[Anonymous No.19139369]

>>19139276
>Covered Call vs Straddle
You'll need to explain why these two strategies are comparable first.

[Anonymous No.19139373]

>>19139334
lol no dude just no. Buy a put on your big holdings and pray to Jerome

[Anonymous No.19139382]

>>19139291
>PEP is such a great stock
whoa, KO chads how do you respond?
white in pic related is PEP

[Anonymous No.19139418]

>>19139246
Now what if the earnings do not go your way and it dumps? Or what if it goes to the moon?
In both cases, both probable around earnings, you are stuck with 100 shares you do not actually want.
Meanwhile doing them with mid IV blue Chips a sudden dump just means you will need to hodl for a week.

[Anonymous No.19139452]

>>19139373
So its correct thinking. Good to know.

[Anonymous No.19139461]

>>19138996
FUCK this is tough. It's easy to disqualify the shitty ones like sleepy, disdain, bratty, cold...

Scratch that, Cool Type is the best as long as there's no pegging involved. If that's mandatory... then it's a no.

Cool > Tomboy > Smug > Ara Ara
The rest suck, but
Sleepy > Disdain > Bratty > Bully >

>>19139357
>lazy GF
>Not sweaty athletic workout buddy GF who aggressively fucks you for makeup sex
you actually WANT a dead fish?
Are you a virgin?

[Anonymous No.19139476]

>>19139369
Cringe, anon. Just cringe. Go read a book!

[Anonymous No.19139503]

>>19139418
>What if it moons?
I make money. No need to be greedy.
>What if it dumps
I lose less than if I were just holding stocks. Sometimes you lose, just move on. I could even sell deeper ITM calls if I'm worried.
Of course I'm not against just buying KO or GSK and selling covered called, its just a level of risk. A way to play earnings with less risk than purely options. If someone thinks its going up 20%, I'll be happy to sell them that call.

[Anonymous No.19139534]

>>19139503
Yikes! READ NIGGA READ!

[Anonymous No.19139573]

>we are still in this damn crab
I stuck with the plan I made 3 weeks ago and started pulling money out until I knew where we were going. Now I have almost no money in the market for short or long plays.
I WANT OUT OF CRABTOWN

[Anonymous No.19139587]

>>19139118
>>19139276
>>19139476
>>19139534
>yikes
>read a book
>doesn't suggest any books
>doesn't explain his reasoning
>pretends to be superior

[Anonymous No.19139599]

Plowing through the whole watchlist now. Only thing that looks really interesting to me is silver. That was a pretty significant break out for it on Friday. Gold too but silver more.

[Anonymous No.19139622]

>>19139503
Less money than if you actually held those calls though.

Bit it seems you gave this more thought than I believed at first, if you are aware of the risk of hodling a stock with no redeeming qualities long term. All I do is write options and over time I figured no premium is worth a stock I dont want. If you are better at selecting than I am... more power to you.
I had the best success and least worries with blue chip tech and fintech

[Anonymous No.19139623]

>>19139246
>Straddle has much higher risk. Your capital is all up front and if the stock does not move enough you may lose all the value. Covered calls is a low risk (some may say even no risk) strategy to generate weekly income.

How is a straddle much higher risk when you spend much less capital for the same amount of potential gain you that would get with selling covered calls?

[Anonymous No.19139632]

>>19139587
Only zoomers refuse to educate themselves before risking their money on things they have no understanding of and can lead to complete loss of capital.

[Anonymous No.19139636]

>>19139599
I like gold more than silver

[Anonymous No.19139646]

>>19139573
Your hands are weak, this crab market will separate the chaff from the wheat.

[Anonymous No.19139661]

>>19139623
>same amount of potential gain you that would get with selling covered calls?
Straddles are infinite gain potential, upfront limited risk. You're thinking of iron corridor, or reverse iron butterfly, perhaps?

[Anonymous No.19139662]

>>19139573
t. paper hands

[Anonymous No.19139709]

>>19139461
>cool
The bitch is going to be stuck up and will always grift to the next coolest thing
>tomboy
Oh wow that chick with only guy friends because "women are too bitchy" while ignoring the fact she is too much of a bitch to make other women friends.

The rest are OK and getting pegged by a girl you are in a relationship with is like throwing her respect for you out the window.

[Anonymous No.19139786]

>>19139622
This is supposed to be a compromise between low risk stable stocks and high risk buying options. I screened these companies based on market cap ($1B+), weekly options, higher than average premiums and had upcoming earnings report. I do not actually plan on holding these stocks long term. Its partially inspired by iron condor which would probably be a superior play, but still more risky and is not allowed in all account types. Covered calls can even be used in a retirement account.

[Anonymous No.19139857]

where were you when china became kill?

[Anonymous No.19139858]

>>19139661
Covered calls have unlimited downside risk too. If the stock makes a sharp drop, you'll lose a lot.

Let's say a stock costs $100 per share. You need to own 100 shares, worth $10000, to sell a call option contract. With a straddle, you need, let's say, around $1000 (amount varies on option chosen), to take a 3-week position.

If the stock drops 50%, you're going to lose $5000 minus the premium on options you sold. But with a straddle, my max loss is just $1000, and I still have the option to sell at a loss. With your covered call, you can't do anything with your shares until the call option you've sold is expired. Upside risk is unlimited (stock goes up) and downside risk is unlimited (stock goes down). You can potentially lose more than $10000.

[Anonymous No.19139866]

How soon will Tesla be at 1000?

[Anonymous No.19139868]

>>19139858
>too
Anon, please. Read the post again. P.s.: I didn't bother reading the rest of your post.

[Anonymous No.19139885]

>>19139868
Okay, you're retarded then.

[Anonymous No.19139887]

>>19139866
Next week nigga.

[Anonymous No.19139906]

>>19139887
>>19139866
Why are you guys buying tesla?

[Anonymous No.19139934]

So what's happening with oil? The futures contracts are up next week, is it going to be like last month where the price goes negative because no one has anywhere to store it?

[Anonymous No.19139940]

>>19139885
Why are options too complicated for /smg/ retards? It's not that hard. You have limited upside on covered calls (the premium received) and maximum downside is 100% of stock value minus premium received.
Straddles' maximum downside is premium paid, while there is no limit to upside. Stock goes to infinite, straddle profit is infinity minus strike, minus premium paid. Stock goes to 0, straddle profit is strike minus premium paid.
It's so simple! Why can't simpletons on /smg/ get it right?

[Anonymous No.19139965]

>>19139857
fuck china

[Anonymous No.19139978]

>>19139940
If retail investors could easily win writing contracts why do you think market makers buy them?

[Anonymous No.19139985]

>>19139934
Not clear. It appears that there are no institutional investors long on june futures at all, it's all retail. Notice the volume as well, which suggests likewise. Cushing sure as hell doesn't have a single barrel's worth of capacity to spare so no retail trader could possibly find the storage needed to hold unto the barrels for physical delivery. What this means exactly is not clear. The only option seems to be retail booking tankers, but at the spot price they're operating, that doesn't appear to be any option.

[Anonymous No.19140042]

>>19139940
You're right. I was retarded in that post. I thought you were this poster. >>19139246 But my original point is still correct, much less risk to do straddle versus a covered call for the same amount of gain.

[Anonymous No.19140069]

What broker to use if you're a leaf?

[Anonymous No.19140074]

>>19139965
based
fuck china

[Anonymous No.19140079]

>>19139857
China isn't a developing country? Didn't Trump say immigrants are all from shithole countries?

[Anonymous No.19140081]

>>19140042
Sure bro
>>19140069
Interactive brokers for a comprehensive solution. Wealthsimple trade to daytrade canuck stocks.

[Anonymous No.19140093]

>>19139623
>potential gains
The fallacy of infinite upside. Whens the last time you saw a stock price go to infinity? The larger the move, the more unlikely it will happen.
I am measuring based on total capital used and limited downside potential. For a covered called, all the capital goes into stock. For a straddle, all the capital goes into options. The stock can realistically move +/-10% in a week (highly dependent on the stock of course).
If it stays the same, you lose nothing and gain the premium. If it goes up, you just sell at strike plus keep the premium. If it goes down, the premium partially or even fully covers the loss.
For a straddle, if the stock doesn't move, you lose 100% of your investment. And because you are playing both sides, the stock has to move twice in one direction to cover the cost of the bad side. This means that youd need to have double the expected movement to just break even.

>>19139858
>>19140042
>unlimited downside
While technically true, thats nearly impossible. JCP is going bankrupt and yet they still haven't gone to zero. But you wouldn't be selling covered calls on JCP anyway. What do you believe is a realistic move for a $1 billion company in a week? If its more than 10% you probably shouldn't be playing options unless you like the incredible high risk.
The point is to limit downside risk. Its way harder to turn 10,000 into 100,000 than to turn 100,000 into 10,000. A straddle has 100% downside risk by the expiry, stocks do not.

[Anonymous No.19140103]

>>19139934

[2 scoops !!DU22SQMj6dQ No.19140110]

>>19139857
Why don't we just start moving the manufacturing jobs to India?
The poos would be grateful and haven't tried espionage shit yet.

[Anonymous No.19140113]

>>19139335
>he bought PEP

[Anonymous No.19140133]

I want no more crabbing. How long till crash and no crabbing?

[Anonymous No.19140151]

>>19140133
>crash
That was March 23rd.

[Anonymous No.19140173]

>>19140103
So what does this mean?

[Anonymous No.19140178]

>>19140173
Here's the article.
https://ca.finance.yahoo.com/news/oil-stockpiles-stopped-growing-world-220000544.html

[Anonymous No.19140204]

>>19140178
>Meanwhile subway ridership remained about 50% below pre-virus levels in Beijing and about 30% below in Shanghai,
FULLY RECOVERED!

[Anonymous No.19140222]

>>19139906
Because Elon Musk is Chad and no I'm not buying Tesla right now. I'm trying to find something on my screener that will blow up.

[Anonymous No.19140236]

>>19140178
>inferred stockpiles based on satellite imageries from two companies that can't even agree on peak levels
Ching chong fully recovered gwailos!

[Anonymous No.19140242]

>>19139965
Based, fuck China.

[Anonymous No.19140244]

>>19140222
NYSE: GOLD and TSXV: SHRM

[Anonymous No.19140246]

>>19140110
imagine how incompetent pajeet espionage would be

[Anonymous No.19140247]

>>19140151
No but really though...

[Anonymous No.19140271]

>>19140204
I hadn't looked at Wuhan's traffic in a while, any ideas as to why traffic is looking normal again?

[Anonymous No.19140273]

>>19140151
Do you even know what you're posting?

[Anonymous No.19140287]

>>19140244
Why does SHRM just keep going up?

[Anonymous No.19140294]

>>19140273
https://www.investing.com/analysis/us-dollar-shrugs-off-weak-data-as-may-indicators-signal-bottom-200524813

[Anonymous No.19140318]

>>19140204
>>19140271
This is new normal. People all around the world are too pussy to go out now because normal scares them now. You thought the world was filled with bitch made niggers before well they have taken bitch made to a whole new level. This is the new normal now deal with it and go forth and make some money.

[Anonymous No.19140325]

>>19140093
You're playing both sides with covered calls too. If the option buyer decides to exercise the option or the stock goes down, you lose.

>If it stays the same

You're betting on low volatility. How often does a stock stay horizontal for a long period of time? You can sell short-dated options, but you won't be making a lot of money. If you sell long-dated options, you won't be able to do anything until the options expire.

[Anonymous No.19140332]

>>19140271
Blue is last year. They only let people go to work and go home. I wouldn't call it back to "normal" but Id say the main source is trucks. I wish I could find the live cams of Wuhan, that might reveal whats going on.

[Anonymous No.19140333]

>>19140271
>any ideas as to why traffic is looking normal again?
It must be an elaborate conspiracy.

[Anonymous No.19140344]

>>19140332
Yes. It's a complete mystery. I think the airborne aids killed them all.

[Anonymous No.19140360]

>>19139632
Dumb cunt kys

[Anonymous No.19140380]

>>19139940
Further to this I decided to finally start researching the idea of doing straddles before earnings. It's a common strategy and there are several articles explaining the pros and cons. Main takeaway was it's a sustainable strat if you intend to take profit BEFORE the actual earnings announcement to get the high IV. This is lower potential profit than holding through and maybe getting the big move but also lower risk. IV increasing in to earnings is a pretty reliable thing, arguably more reliable than followthrough with actual volatility in response to the earnings. This is done with a long straddle purchased anywhere from two to six weeks out from earnings day. Investopedia has a pretty good article about it here:
https://www.investopedia.com/articles/optioninvestor/09/long-straddle-strangle-earnings.asp

[Anonymous No.19140429]

>>19140325
>If the option buyer decides to exercise the option or the stock goes down, you lose.
If I buy the stock at $25 and sell at a strike of $26 and they exercise, you win. If the stock goes down, its partially or fully covered by the premium.

>You're betting on low volatility. How often does a stock stay horizontal for a long period of time? You can sell short-dated options, but you won't be making a lot of money. If you sell long-dated options, you won't be able to do anything until the options expire.
I can see you did not read my original post. You're not supposed to hold the stock, and you find stocks that have earnings that week, which allows you to sell premiums at a high price. Ridiculously high really, so high that you win if the stock ends at -6% or higher (with capped upside).

[Anonymous No.19140472]

>>19140294
You might reconsider using that as guidance.

[Anonymous No.19140496]

>>19140380
Congratulations on educating yourself, unlike the other retard. Keep going and you, too, can trade options like a pro!
Unfortunately, I have noticed that you have misread the article you linked in a few places. Consider rereading the article more carefully to better understand the explanation and the risk curve of a straddle (or strangle).

[Anonymous No.19140502]

>>19140472
Ok I'll just listen to Jews on the TV telling me to panic sell and retards in this thread.

[Anonymous No.19140526]

>>19140287
A variety of psychedelics were proven to be way more effective than conventional depression, PTSD, and addiction treatment (like barely better than placebo vs viagra makes your dick hard level of effectiveness)

There are companies that are trying to capitalize on psychedelics because North American regulatory agencies have said they're willing to let it come to market on a fast track. The startups in this space are either not publicly traded or are run like any other speculative shitcoin/tech/pharma/mine/cannabis startup where the managers burn through money and exit scam. The only one that is publicly traded and is actually generating revenue from this emerging market and is using cash to deploy capital and grow revenue is SHRM. They are running ketamine clinics and selling craft neutropic/OTC medical mushrooms like lions mane, turkey tail, cordyceps, etc. (these other mushrooms have amazing growth and medical potential by the way) and are already manufacturing and distributing psilocybin and struck a deal with a major Canadian pharmacy chain to carry the ketamine therapy. The fact that they are operating clinics also gives them access to research data at a much lower cost which they can use to advance through the regulatory phases more quickly and cheaply than competitors. These clinics are already licensed in the US and Canada.

The staff are all researchers with experience working with psychedelics and mental health and the CEO is the world's foremost expert on treating mental health issues with psychedelics. Growth potential is amazing and if you want to bet on something they are really the only legitimate game in town. Expect more and more people to enter the space and do this pump and dump shit - they will be spreading FUD everywhere - it will be like crypto. Research the fundamentals, they are strong.

[Anonymous No.19140543]

>>19140502
Yeah or you could listen to the people that have a direct interest in raising their equities prices since that's how they're paid. Also, it can go back down. But nobody is telling you what to do.

[Anonymous No.19140554]

>>19140543
>But nobody is telling you what to do.
You literally did
>>19140472
Show me your SPY puts.

[Anonymous No.19140607]

>>19140554
No, I suggested you /might/ want to reconsider using that metric as forward guidance for your investments. I'm long gold miners and streamers.

[Anonymous No.19140614]

Have any of you annons been following space related stocks like I, MAXR, IRDM, LORL?

[Anonymous No.19140675]

>>19140614
I just declared bankruptcy, their stock cratered (haha) this last week. I'm hoping they get bought out by someone since I've got some meme folios that depend on that ticker symbol.

[Anonymous No.19140686]

>>19140526
An exciting and novel experience makes you less depressed and improves your mental state. Who could have possibly conceived? But to psychiatrists, who believe in nothing more than pumping people full of chemicals, this will surely be a 'revolutionary' discovery, and every patient will be directed to their weekly ration of soma — just as they have their movies, video games, and TV to help them forget the horror and emptiness of a life of wageslavery.

What quackery. It'll make billions. But quackery nonetheless.

[Anonymous No.19140865]

>>19138918
You're fucking retarded, there is 0% chance we raise rates any time soon, let alone to any degree that could be called high. We're about to have negative rates, high rates aren't coming in any of our lifetimes.

[Anonymous No.19140888]

>didn’t sell SPXS at the peak last week

I swear to god if the market doesn’t crash this week I will suck a fuck!

[Anonymous No.19140913]

y-y-y-you guys have heard about the printing press, right?

[Anonymous No.19140948]

>>19140865
If the supply is constricted and there is a bunch of aggregate demand caused by government spending, commodity prices have to go up. That is the source of the inflation. In order to halt it the fed has to raise interest rates. If they don't want to fight the inflation then their debt will get downgraded and investors will dump their bonds.

What's with all this 1-step logic you guys are using to evaluate the market?

[Anonymous No.19140973]

>>19140888
We got a huge flood of bad news right after close on Friday from Fed, Appaloosa, Buffett, DoJ/Google and more. The most bearish setup in weeks.

So of course we'll surge 2%+ on Monday

[Anonymous No.19140988]

>>19140686
Nah they produce plastic effects, we're talking orders of magnitude of difference between psilocybin, LSD, and Ketamine compared to SSRIs, benzodiazepines, anti-psychotics. Therapies need to be developed, but efficacy is likely to be beyond any modality currently available, especially gauging harm.

[Anonymous No.19140994]

THE SKY IS BURNING RED

[Anonymous No.19141047]

>>19140948
>aggregate demand caused by government spending

Not happening. Government "stimulus", if that's what they call the helicopter money, will not inflate commodity prices when the market for commodities is dead due to COVID-19 fear, lockdowns, and unemployment. We are knee-deep in deflation and the government is doing everything it can to stop it, but it isn't (and will never be) enough with the crisis at hand.

The Federal Reserve has already made clear it is ZIRP until the real economy recovers. And as there is no fear of inflation, there is no reason (from their perspective) to change that policy until we experience the real recovery in demand that would cause ZIRP to create abnormal inflation.

[Anonymous No.19141053]

>he didn't buy the SPX bottom of 4.41 in 1932
Lmao you missed the bottom dumb bobos

[Anonymous No.19141061]

>>19140994
So many Chinese companies. I wonder how many of them will beat estimates by 1000%.

[Anonymous No.19141069]

>>19140994
All those Chinese companies are going to lie, lie, lie.

[Anonymous No.19141077]

>>19141061
only 1000%? off to the reducation camp with your uighur friends

[Anonymous No.19141132]

>>19139965
Based

[Anonymous No.19141135]

>>19141047
>Not happening. Government "stimulus", if that's what they call the helicopter money, will not inflate commodity prices when the market for commodities is dead due to COVID-19 fear, lockdowns, and unemployment. We are knee-deep in deflation and the government is doing everything it can to stop it, but it isn't (and will never be) enough with the crisis at hand.
I'm talking about the infrastructure packages every single country is going to borrow at 0% to build when it's clear there's no V recovery in consumer goods.

The open market operations are unlikely to cause much inflation of consumer prices.

[Anonymous No.19141160]

>>19140973
>a huge flood of bad news
>talking head FUD
vs
>oil inventories shrinking
>consumer and business sentiment improving
>economies reopening
It's as if you had a confirmation bias or only get your news from /smg/.

On the other hand I think tech stocks and e-commerce stocks should crash but I'm not making any bets.

[Anonymous No.19141226]

>Blackstone shale oil venture Gavilan Resources files for bankruptcy

Its starting.

Blood red monday.

[Anonymous No.19141258]

>>19140948
> If the supply is constricted
> If the supply is
> If the supply
> If the
> If
It won't be.

[Anonymous No.19141269]

Kek, if they do pass the second wave of Govt checks here's where I'm putting my money. $500 added to SWPPX, $500 added to SWTSX, $400 - set aside to add more DIS if it goes under $90/80 a share. $900 dumped into my emergency fund $100, to screw the credit company from charging me interest.

[Anonymous No.19141271]

i just dumped 20k into brokerage, ready for monday. What do you guys reckon in terms of long term hold/shorts? Thinking of stocking up on Airplane companies while they're low.

[Anonymous No.19141281]

>>19141258
Are you retarded lmao, the only people not to experience layoffs are tech and government workers.

[Anonymous No.19141311]

>>19141271
Do not do that. Airlines are fucked, people wont fly as much as they did before the virus, and the seats will not be as close.

Do not fucking do that mate, some of them (like AAL imo) will go bankrupt.

[Anonymous No.19141315]

>>19141281
> Calling for high rates
> Calling anyone else retarded
Lmaokay buddy, can you at least give me your time table until we have high rates? Just so I can laugh some more.

[Anonymous No.19141318]

>>19141160
>oil inventories shrinking goyim!
>believe me
>it's only at all time high and getting HIGHER with tankers waiting at costs for MONTHS to unload and US deciding to politic their shit out of this by forbidding the tankers from unloading so they can claim lower numbers
>the only source of a place in the world where inventory is going down is made up based on satellite images using mathematical models that don't even agree 50% among each other

[Anonymous No.19141323]

>>19141315
This decade. Markets don't move immediately zoom zoom

[Anonymous No.19141339]

>>19141271
What is this appeal of airlines? You will get the same returns by just investing in big oil. And they are more "battle tested" by bad economic downturns.

[Anonymous No.19141352]

>>19141323
Remember what happened when the Fed tried to start increasing rates again a decade after the GFC? Lol

[Anonymous No.19141375]

>>19141339
Well after the first crash I was thinking about buying some BA, because there is 0% chance of not climbing to 450 after 4 or 5 years.

Now I dont think they will, they wont go bankrupt but I dont see much growth.

[Anonymous No.19141383]

>>19139599
what are some solid silver miners?

[Anonymous No.19141388]

Keep an eye on LUNA for bounce potential. It was hit with a wave of aggressive selling last week.

[Anonymous No.19141395]

>>19141323
I assure you I'm a boomer, which is why I can assure you, you aren't getting even a quarter of a point rate increase in the next 5 years, and you sure as fuck are not seeing high rates in the next decade, you are likely not going to see a fed rate above 0 again once that line has been officially crossed. What you will eventually see is an increase in taxes, which is how inflation is actually controlled in MMT.

[Anonymous No.19141404]

>>19139858
>Covered calls have unlimited downside risk too.

This is wrong. The risk is not inherent to the option, the risk is inherent to owning the stock. You would still have that downside risk regardless of whether you sold the call or not.

[Anonymous No.19141408]

>>19141383
I don't know about miners. I just trade leveraged ETFs tracking futures prices when trading metals.

[Anonymous No.19141413]

>>19141160
>talking head FUD
You mean more terrible economic news, major investors selling off, and FED panicking again?
>oil inventories shrinking
I'm sure they managed to use enough to account for the next round of oil... right???
>consumer and business sentiment improving
>wow, we increased from -80 to -70!
Economy is FIXED!
>economies reopening
Just ignore that cases rose exponentially and people dont have jobs anymore
>he believes the talking head hype
oh no no no no!

[Anonymous No.19141421]

>>19140093
It’s fairly important to distinguish the unrealized losses of the stock going down and the realized profits of the premium you collect.

[Anonymous No.19141425]

>>19141339
Trump will be injecting money into the economy for the duration of this emergency until his re-election. Then he has no obligation to keep the economy alive. Until then all stocks are basicly a hold, especially air lines.

[Anonymous No.19141451]

>>19141388

based

[Anonymous No.19141456]

>>19141047
I heard that there is inflation for food though. Will this "printing" even if it's need to prevent deflation for most thing lead to inflation for things like food which people need?

[Anonymous No.19141458]

>>19141421
Care to elaborate on your thoughts?

[Anonymous No.19141466]

>>19141352
The author of bull markets are bear markets and vice versa. You don't get to have free money at the expense of pension funds and banks, they will move a good chunk of their bond positions to gold. The mean precious metals component of American portfolios over time is 2%, right now it's 0.5%. The high is 7%. Treasuries will dump if they stay negative too long.
>>19141395
>What you will eventually see is an increase in taxes, which is how inflation is actually controlled in MMT.
In countries that already tried shit like this (Sweden for example) they had to raise tax rates over 100% because of all the evasion and it still didn't work. The government has never collected more than 20% of GDP in taxes from the American population regardless of all the schemes they've tried.

[Anonymous No.19141477]

live and die by the crab goys

[Anonymous No.19141486]

>>19141458
Not even him, but the premium is realized, it's cash in your pocket, whereas the unrealized losses are just that, unrealized, so all you have to do is wait until the stock goes back up. This is why the best covered call strategy begins with long term ownership of a stock you hold early.

[Anonymous No.19141493]

>>19141404
What is this retarded post even.

The risk is inherent to the call, as the stock is essential to the option (covered)

This place is trully horrible.

[Anonymous No.19141511]

>>19141160
Ironic how you're throwing out "talking heads" as a counter, yet you're the one believing the MSM talking head spiel of "muh consoomers" and "muh reopening".

Also imagine being so retarded that you depend on soft data surveys like consumer sentiment

[Anonymous No.19141530]

>>19141425
Like most things I don't think Trump has any control over the Fed, at least for now. JPOW has been in the Fed too long, he has absorbed the radiant energies there to become a new Ben Bernanke. Anyone paying attention knows that you basically go stocks or gold, or convert your currency to something that will be stable even if its generally trash like the Yen.
Trump wants negative interest rates. That will do far greater damage than anything the Fed or lockdowns or whatever else has done so far. That is the short term re-election play.

[Anonymous No.19141533]

>>19139350
Good thing this isn't a real disease like the Spanish flu

[Anonymous No.19141560]

>>19141486
Yes, true for a long term strategy. I was proposing a short term strategy to take advantage of the high premiums and IV around earnings. Its not intended to hold the stock long term.

>>19141493
Selling a covered call doesn't involve much risk though? You already own the underlying so if it goes up you're already covered and keep the premium.

[Anonymous No.19141562]

>>19141493
>This place is trully horrible.
and yet you are here, posting, reading.

[Anonymous No.19141588]

>>19141493
No it is not. The risk is inherent to the stock. The risk exists by holding stock. You assume the risk when you buy the shares regardless of if you sell the call. All stock holders assume this risk by mere virtue of owning shares, this is why saying the call has unlimited downside is wrong.

[Anonymous No.19141614]

>>19138918
fantastic post.

[Anonymous No.19141618]

>>19141588
This. The real added "risk" to covered calls is that long term it removes your best performers from your portfolio.

[Anonymous No.19141620]

>>19141560
If you sell an option, you sell an agreement that has always, unless i'm retarded, unlimited downside risk.

So the risk, is inherent to all covered call options in existence right now.

[Anonymous No.19141630]

>>19141530
Son of a bitch.
ya think he can actually pull of negative interest rates? That would fuck so many people.

[Anonymous No.19141644]

>>19141352
In all liklihood, yes within the decade. This correction in the credit markets, unless the rest of the world is so fucking rekt that it comes back to the USA, will be through in a few years. 2023 or so. 2026, we can probably start increasing rates.

[Anonymous No.19141666]

>>19138173
A cousin of mine just got laid off from Trip Advisor lol. He's a fantastic programmer. They're starting to cut critical staff.

[Anonymous No.19141667]

>>19141620
there isn't unlimited downside risk, the most you can lose is what you paid for the stocks, and that's not gonna happen unless you're retarded

[Anonymous No.19141681]

>>19141620
This is not the case for a covered call because you already own the stock. Its only unlimited if you write a call and DONT own the stock (naked call). The "risk" is capping your return on the stock in this case which isn't really a risk, thats just called greed.

[Anonymous No.19141775]

Bros, please tell me VTIQ will pop above $30.00, these bags are killing me

[Anonymous No.19141805]

>>19138814
Maybe the stock market will file for bankruptcy, like all stock exchanges etc. and all of your positions will be liquidated and FDIC or whatever it is called for the equities is going to collapse, I mean if everything collapses and there is no money, no cash, no markets, no real estate, nothing.

[Anonymous No.19141854]

>>19138814
Congrats, you’ll die a rich man.

[Anonymous No.19141855]

>>19141775
>Buying a scam
Seriously? Nikola has scam written all over it
>literal who founders with no knowledge
>has 3 barely working big rig prototypes
>touts 3D models of things they aren't even close to building
>wants to build giant factories that Tesla already built multiple of
>zero technology advantage or products
>literally just money an a dream with nothing to show

[Anonymous No.19141859]

>>19139182
You don't need to try to scale anything yourself, just look up the numbers: https://www.worldometers.info/coronavirus/
Sweden has a lot less cases but slightly more deaths per capita. So?

[Anonymous No.19141909]

>>19141855
>scam modeled after a scam
Unironically all a piece of shit company like VTIQ needs is a millennial social media "SHIT IT TO THE MAN" presence like Elon Musk and they'd get the same valuation as a battle of two tech giants.

[Anonymous No.19141950]

>>19141666
also, checked.
trip advisor is not a software house so thats not surprising. there is no need for software if nobody travels.

[Anonymous No.19141963]

>>19141560
So it depends on your definition of long term. Covered calls could be considered a “long term” strategy because your objective is not only to collect premium, but dividends and a little bit of growth over a couple of reoccurring contracts.

[Anonymous No.19142007]

does iv affect the price of the premiums
or is the premium set in stone when short options expires worthless

[Anonymous No.19142052]

>>19141855
Bro, please don’t FUD, just tell me it’s going to be okay and I can dump my bags on someone else

[Anonymous No.19142110]

Anyone primarily just trade condors?

[Anonymous No.19142212]

>>19142007
premiums go up when iv goes up, what do you mean by your last sentence? assuming you are selling, you are already paid the premium by a buyer before the option expires

[Anonymous No.19142250]

>>19139004
>another lockdown will never happen
america as a whole hasn't even had its first lockdown. several states will have their second lockdown though, and it will be very entertaining to watch the ensuing chaos.

[Anonymous No.19142284]

>>19141775
VTIQ - I sold that for a small gain after Telsa said they're rolling out the new battery and semi truck. It's like a david v.s monster thing. Take a year to even get the plant up and going much less anything else. Meanwhile Telsa can basically roll out a completed semi truck w/new battery by end of year if they wanted. So boom, they're dead before they even get off the ground.

[Anonymous No.19142326]

>>19139709
>will always grift to the next coolest thing
Pretty sure “cool” refers to her demeanor, not trend-following

>too much of a bitch to make other women friends
Did you even read it? It says she’s carefree and upbeat. She’s a tomboy in that she’s athletic, not that she’s “not like the other girls”. She’s just a female jock.

>getting pegged by a girl you are in a relationship with is like throwing her respect for you out the window.
I don’t fucking care, I’m just not doing it because I’m not into it.

Those two are the best but it’s a close race, smug is also good. Any of them that actually want the best for you are far better than the ones who want someone to treat like shit who does their errands and maybe eats them out.

[Anonymous No.19142370]

>>19141533
Haha yeah the earth is flat too :^)

[Anonymous No.19142376]

>>19140502
Some of those Jews are pretty smart, but there’s a few goys and muzzies I respect as well. Basically, you should incorporate their perspectives into your own set of plans and contingency plans, and scenarios to look out for.

Don’t listen too hard to people who’s investment plans rely heavily on “muh jews and sheitt”

[Anonymous No.19142398]

>>19140686
That’s pretty uninformed...
It doesn’t really explain how it a single trip on mushrooms improves the ability of people to quit cigarettes and alcohol.

[Anonymous No.19142441]

Nononononono!

[Anonymous No.19142547]

>>19142441

[Anonymous No.19142557]

>>19142441
wtf q predicted this

[Anonymous No.19142713]

>>19141950
>trip advisor is not a software house
They are as much of a software house as Google or Facebook is. Their entire business is online marketing.

[Anonymous No.19142730]

>>19140246
that is funny
you're a funny guy
they should make an indian spy movie, it would be 10/10
imagine a version of james bond but from the subcontinent

[Anonymous No.19142737]

feels so good to see your divy reinvestment payments buy several whole shares.

[Anonymous No.19142745]

yeah, i'm thinkin ATOM is back

[Anonymous No.19142757]

>>19140271
>traffic up
more people driving cars instead of taking mass transit. more demand for gas.
dunno if true or not.

[Anonymous No.19142769]

Tempted to buy SCO for the supposed dip in oil once June contracts roll over.

[Anonymous No.19142778]

>>19142713
FB is not but Google is everything. From marketing to software and various industry standard APIs, they even create their own programming languages.

[Anonymous No.19142789]

>>19142778
nerds all of them

[Anonymous No.19142806]

>>19142441
>splosion
Well it's probably not joggers then. Not their style.

[Anonymous No.19142821]

>>19142441
>>19142547
Is this some kind of anti lockdown terrorist attack?

[Anonymous No.19142841]

>>19142547
happening

[Anonymous No.19142852]

>>19142547
prolly just busted a fuel line or something

[Anonymous No.19142868]

>>19142441
Is this a good part of LA?
or some kind of a skid row?

[Anonymous No.19142887]

>>19142778
>they even create their own programming languages.
i guess you've never heard of Hack.
Fuck even React is borderline a new language. There are programs whose whole job it is to turn React syntax into valid js.

[Anonymous No.19142917]

>>19142887
i don't do UI but i used to write some js code back when it was more or less plain js that looked like a legit if a bit quirky programming language. but this react shit is just horrible.

[Anonymous No.19142922]

>>19142769
Oil is by far the most manipulated part of the market. Institutional holdings say one thing, talking heads another, financial articles a third, shorts a fourth, and futures a fifth. It is the closest thing to pure gambling I have ever seen.

[Anonymous No.19142944]

>>19142922
Oil and natty gas. Tricky to trade. Stop loss mandatory.

[Anonymous No.19142969]

>>19142778
Nearly 20 years later and upwards of 90% of Facebook's revenue is still from advertising. 75% of Google's is and Google still is just a place where hardware ventures go to die horrible deaths.
The market valuations of FNG of FAANG are absolutely bonkers considering how single minded their revenue streams are.

[Anonymous No.19143026]

>>19142806
Joggers?

>>19142557
Did q predict that all of his followers would be loony crackpots?

[Anonymous No.19143034]

>>19142922
Any commodity that’s pulled out of the earth like that is going to have uncertainty to it. It’s why food is so stable, we know it, we grow it. The earth is there, has been there, and is there in some finite amount.

[Anonymous No.19143043]

>>19142917
React is 10/10. But requires skill to understand when and how to use it.

[Anonymous No.19143058]

>>19143026
>Joggers?

Urban youths

[Anonymous No.19143203]

Movie night movie night! Get in here! Tonight's feature is My Neighbor Totoro (1988) because I just woke up and didn't have time to find anything else. Also I want to see the soot sprites since they weren't in Howl's Moving Castle (2004)

[Anonymous No.19143252]

>>19143043
What do you think of Redux?

[Anonymous No.19143312]

>>19142969
faceberg is the lamest gayest tech company ever. netflix provides a service that people enjoy, apple makes luxury devices, google does all sorts of crap, amazon provides a useful service that everyone uses. faceberg runs a stupid ass social networking platform that only boomers still use to get ad bux. at least google gets ad bux from a variety of sites.

[Anonymous No.19143345]

Is there any reason why the market won't go up more on Monday? Stimulus went through, America is opening more and more

[Anonymous No.19143357]

>>19138173
I swear to God if I make these USO calls into 40K I will parlay that money into two month long Boeing calls starting end of July, turning that into 300K

[Anonymous No.19143359]

>>19143252
Redux was a great idea when it came out. It's not really necessary any more. One of the main reasons to use it IMO is it is easy to wire in middleware. But it can create a lot of other problems with large applications related to code reusability (new library is only usable in a specific Redux env instead of generic), and performance/code splitting.

There was a microsoft library to support async redux modules to get around the code splitting issue of having to import all your state/middleware/actions up front to wire them into redux, but I don't like that library because it overcomplicates everything.

Now you can just useReducer and useContext. If you want to create a dispatch that dispatches to multiple reducers using useReducer, it's fairly easy to (you can even hook in middleware obviously).

So yeah anyway I think it was good for the community to change the way we think about writing web apps, but it's not really needed any more. Also I am not a fan of redux-observable or redux-saga.

[Anonymous No.19143383]

>>19143345
You can flip a coin and arrive a better answer than anyone here will give you on the direction of the market on Monday. The whole thing has been questionable since Snibby took on the field around mid April.

[Anonymous No.19143650]

>>19143345
So it is a V-shape recovery after all.

[Anonymous No.19143708]

>>19138226
>people dying for Amazon
Unironically bullish

[Anonymous No.19143783]

lmao @ the pajeet in the penny stock thread

[Anonymous No.19143869]

>>19143783
You talking about the retard who forgot to blank his Schwab account no and was threatened with an SEC filing?

[Anonymous No.19143895]

>>19143869
Yeah

[Anonymous No.19143915]

How many shared of SRNE we holdin boys

[Anonymous No.19143981]

I really dont know how to play this upcoming week. What you guys planning?

[Anonymous No.19144007]

>>19141271
Put 5k in SBUX, 5k in MCD, 5k in T, and 5k in AFL

[Anonymous No.19144023]

>>19143981
Shroom stock IPO on the TSXV Wednesday. Want to see what the volume is like and might jump in for a quick buck.

[Anonymous No.19144024]

>>19143869
>>19143895
Link?

[Anonymous No.19144027]

>>19141271
Dump 20k into SRNE on open.

[Anonymous No.19144029]

>>19144024
Starts here: >>19141889

[Anonymous No.19144033]

>>19143981
It’s gonna crab. Collect premium.

[Anonymous No.19144040]

>>19144024
>>19129679

Guy has been shilling PVHO every evening

[Anonymous No.19144044]

>>19143981
suicide

[Anonymous No.19144067]

>>19144033
Leddit theta is actually a great strategy in normal times but Monday we will shit the bed and dump. We will rally hard Tuesday. After that, we will remain in the 240-300 range until Trump’s re-election.
>t. Worked at JPM for nearly a decade and unironically dislike trump

[Anonymous No.19144084]

>>19144067
Forgot to add after the election we will return to major index ath.

On a different note, why do I get such a raging boner for slutty 5 and 6/10s? I’ve genuinely fucked professional models but there’s something about a legitimate dirty bitch that does it for me.

[Anonymous No.19144122]

>>19144067
You basically just said we’re going to crab, but you used more words.

[Anonymous No.19144153]

For me, it’s still TMDX. Do not buy above 15 or above 20. Fidelity has been swinging this and fleecing boomers since IPO but I work in tnt industry and they are going to be bought out by UTHR for far greater than $20, it will just take a year or two.

[Anonymous No.19144171]

NEW:
>>19144157

>>19144157

>>19144157

[Anonymous No.19144174]

>>19144023
What's the ticker on this? It sounds like some bullshit that could get a hype run going. I see SHRM but that started trading already in March.

[Anonymous No.19144175]

>>19144067
What are you looking at that tells you this? Most likely EW points to maybe finishing retrace overnight into hard dump early week. Second most likely EW is big rally after small retrace. Order flow points to hard dump. Macro is waiting to see what the Euro does.

[Anonymous No.19144182]

>>19144153
Considering how many pts I see with fulminant liver failure I should stop drinking. No buy between 15-20, above or below is ok.

[Anonymous No.19144185]

>>19144174
NUMI, not listed yet

[Anonymous No.19144201]

>>19144185
Thanks. I might participate in the fun when it lists.

[Anonymous No.19144296]

>>19144040
that anon might be on to something with PVHO
surprised it went up 1000% in one day
that company has a market cap of $130000 at price at 0.0009 per share before the pop
something is going on here

[Anonymous No.19144480]

>>19144185
Is this the one Peter Thiel is backing? In my disorganized notepad file of what to do I have "Watch psychedelic therapy IPO" written in all caps.
also damn what a good name, kantian company kekkies

[Anonymous No.19144540]

>>19140380
short straddles and iron condors are used before earnings to take advantage of IV crush. Consider this also.

the theta you lose holding straddles is huge, wouldn't recommend

[Anonymous No.19144546]

>>19144480
Peter Thiel one is still private, called Compass. IPO soon but not yet. NUMI is probably a P&D, don't long it

[Anonymous No.19144558]

>>19142326
Neato

[Anonymous No.19144577]

>>19138226
>Amazon hiring 100,000 workers!
>Ignore that all the ones that used to work there got sick or left from poor working conditions
JOBS ARE BOOMING! PENT UP DEMAND! RETURN TO NORMAL!

[Anonymous No.19144636]

>>19144577
guess silicon valley is business as usual
keep the good time coming and market up bezo cuck

[Anonymous No.19144732]

>>19139369
can you (I) put spread instead?

[Anonymous No.19144737]

>>19144067
How would you rate your mother when she was younger, and your first love and major middle school crush?

[Anonymous No.19144773]

>19144067
Also why “leddit theta”?
Do they have some specific strategy besides just collecting premium on credit spreads or iron condors?

And I need a better angle on the crotch... I want to make sure that’s not a man.

[Anonymous No.19145096]

>>19141530
>>19141630
He's been pushing for negative rates forever. It's not just a short term play, he actually believes they're good.

[Anonymous No.19145144]

>>19143345
Stimulus won't pass the Senate and Trump said he won't sign it anyway. It's a step to a more neutered bill that will pass, but nothing is on the way to being law yet.

[Anonymous No.19145272]

>>19141530
>>19141630
>>19145096
There have been other countries who have already done negative interest rates and it's really to fight deflation which is what happening and what the FED is trying to fight. Deflation in the end would be worse especially considering how you would see wealth destruction in cornerstones such as real estate and finance.

[Anonymous No.19145292]

>>19145272
>not the heckin real estate values my 2 bedroom condo would drop to $100k

[Anonymous No.19145299]

>>19143345
>>19145144
Yeah because democrats are going full retarded with it and want to add loopholes for illegals to vote like having no voter id requirements and even giving illegals Healthcare and stimulus money. I don't understand why they don't just make their motto "We hate America and ourselves."

[Anonymous No.19145319]

>>19145292
Yeah that's funny for you to say but not to a home owner like me. Not only that but because of all the trading of debt and packaged mortgages between banks is why the 2008 financial crises happened so if you want to add gasoline to fight a dumpster fire then go ahead.

[Anonymous No.19145334]

>>19145319
>Yeah that's funny for you to say but not to a home owner like me. Not only that but because of all the trading of debt and packaged mortgages between banks is why the 2008 financial crises happened so if you want to add gasoline to fight a dumpster fire then go ahead.
I do, you took the risk, deal with the reward

[Anonymous No.19145359]

>>19145334
I can afford the value going down and I'm not worried. You don't have an argument however that you are improving our current economic and financial situation other than let it burn.

[Anonymous No.19145374]

>>19145359
>You don't have an argument however that you are improving our current economic and financial situation other than let it burn.
People who were speculators and were wrong lose money, people who avoided speculating get to buy it off you for cheap. That's how it should work.

[Anonymous No.19145444]

>>19145374
Speculation is always going to happen and it's stupid to punish everyone everyone who didn't take on a lot of risk because honestly a house is a pretty save investment as long as you aren't a retard about it. It doesn't really matter in the end because asking for deflation is like shooting yourself in the foot because you will just see more unemployment.

[Anonymous No.19145478]

>>19145444
>Speculation is always going to happen and it's stupid to punish everyone everyone who didn't take on a lot of risk because honestly a house is a pretty save investment as long as you aren't a retard about it.
The idea that you view your house as an investment instead of an expense shows that you don't get the argument. You are also gambling and you deserve to get wiped out. There's no reason why rents should be lower than the total carrying cost of the home and yet they are because people speculate on the price of the house.

[Anonymous No.19145525]

>>19145478
Ok buddy, I guess you can just live in a trailer or boat. I could really care less in the end because you are obviously too broke to own a house in the first place. I literally have money for a second one and was planning to rent out the first one but I will wait to see what happens. Keep living in your fantasies on how you think the world should be.