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/biz/ - Business & Finance

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19180599 No.19180599 [Reply] [Original]

>> No.19180608
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19180608

>>19180599

>> No.19180921
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19180921

>>19180608
Ho lee fuk

>> No.19181006

>>19180599
What strike price and expiration?

>> No.19181027
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19181027

>>19180599
I feel less bad about my short position loss. Holy hell he ate shit.

>> No.19181064

>>19181006
https://www.cnbc.com/2020/05/14/options-trader-bets-on-a-20percent-plunge-for-industrial-giant-ge.html
>As Khouw explained, this particular trader sold their open position of 6/4-strike put spreads, and rolled their bearish position out to July by purchasing 43,500 July 5-puts for $0.33 per contract. Since each of those contracts is worth 100 shares of stock, this translates to a bet worth $1.5 million in premium that GE will drop another 20% from where the stock was trading during Wednesday’s session.

>> No.19181073

watching wall street pink wojacks must be hilarioulsy brutal

>> No.19181087
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19181087

>>19181027
You’re gonna eat shit too if you keep shorting

>> No.19181205
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19181205

>>19180599
>trading objuns
not even once

>> No.19181214

>>19180599
any time i read one of those jewish news articles i imagine it's part of a bigger scheme to make retail investing normies the bagholders. the guy probably never made a "bet" in the first place. he's probably selling options that will expire worthless because every retard that reads that piece of shit article will jump on the FOMO train. blows my mind that pump and dump schemes are illegal but shit like this piece of "journalism" happens every day.

>> No.19181514

my best friend's parents are wagies at GE for 30 years now.

They got paid in shares every year during these 30 years of work.

They lost everything.

>> No.19181587

>>19181514
They could literally have sold those shares for Microsoft shares or Amazon shares. Their stupidity is theirs and theirs alone

>> No.19181662

>>19181587
not everyone is interested into stocks or even finance

it's easy to say "they could have sold it for amazon" after 20 years of bull market

I'm not even defending them, I'm just giving my POV on this shit

it's always the "poor" (high level wagies) who get rekt at the end

>> No.19181739

>>19181662
Clearly they did have an interest given they kept them

>> No.19181829

>>19181662
poor people are usually poor because they're stupid. of course they get rekt.

I kinda wish it was different and that we could all hold hands, dance around a campfire and sing kumbayah but not everyone gets to make it in this world unfortunately

>> No.19181914

>>19181514
my company offers an employee stock purchase plan. you have to sign up at the beginning of the year, you have to choose a % of your paycheck to purchase, and you have no control over when the purchase happens.

it's horribly gay and retarded.

>> No.19181958

>>19181087
Stop loss and out this morning. I regret nothing. I will short or long if I think I can make a buck.

>> No.19182891

>>19181064
OOF

>> No.19183578

>>19180599
S