/smg/ Stock Market General

[Anonymous No.22179415]

Happy times

>Brokers
https://pastebin.com/F1yujtVq

>Stock market Words
https://pastebin.com/VtnpN5iJ

>Risk Management
https://pastebin.com/sqJUcbjp

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

>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

>>22177982

[Anonymous No.22179441]

hold tqqq? buy more?

[Anonymous No.22179447]

SWBI and AOUT crush earnings

[Baggie !!2wgod7RQeJh No.22179454]

Which one of you took out Trish Regan's podcast from the fucking educational sites? I swear to fucking god you fucks are retarded.

[Anonymous No.22179459]

[Anonymous No.22179465]

Bear day

[Anonymous No.22179466]

So tomorrow we dump harder? or crab

[Anonymous No.22179478]

Daily reminder selling covered calls is a jewish scam to intice you to baghold stocks for muh theta decay

[Anonymous No.22179479]

[Anonymous No.22179482]

>>22179447
Priced in.

[Anonymous No.22179494]

People get liquidated on 5% market moves because they buy 3X funds. So they actually lost 15% + tip.

[Anonymous No.22179498]

Reminder

[Anonymous No.22179499]

DIE DOLLAR DIE DOLLAR DIE DOLLAR DIE DIE DIE

[Anonymous No.22179505]

If you want the rainbow you must tolerate the rain

[Anonymous No.22179507]

>TSLA -1.5% AH
It's not over yet

[Anonymous No.22179512]

>>22179415
https://www.nytimes.com/2020/09/03/us/politics/google-antitrust-justice-department.html
https://www.nytimes.com/2020/09/03/us/politics/google-antitrust-justice-department.html
https://www.nytimes.com/2020/09/03/us/politics/google-antitrust-justice-department.html
https://www.nytimes.com/2020/09/03/us/politics/google-antitrust-justice-department.html
HOLY SHITTTT FUCK FUCK FUCK FUCK FUCK AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!AAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.22179519]

Tomorrow will be worse.

[Anonymous No.22179520]

First for anime!

Also, pretty sure Tomorrow will be red with a 3 day weekend and people paying rent.

Monday is likely going to be green

[Anonymous No.22179521]

DENN is the new momentum stock

[Anonymous No.22179537]

Lmao I had $20K of SQQQ yesterday and sold it like a pussy. Wow.

[Anonymous No.22179552]

i put 4k into nvda yesterday and only 400 into gme when i was thinking of just going all in gamestop

[Anonymous No.22179560]

>>22179498
fucking kek, what a delusional faggot

[Anonymous No.22179563]

Big imbalance
https://marketchameleon.com/Reports/StockOrderImbalanceReport
Don't see a quick reversal tomorrow unless lots of buyers step in tomorrow. I expect more selling.

[Anonymous No.22179564]

Can't believe I bought AAPL at $130 yesterday.

[Anonymous No.22179568]

Who else

[Anonymous No.22179570]

>>22179441
>TSLA $3,600
Lost me there.

[Anonymous No.22179574]

I have 250 WKHS and 250 DPHC. Bought dphc at 11.45, now its the same price as workhorse and I'm thinking about selling it and buying 250 wkhs with it when it dips

I feel like wkhs is the better long term (2 years+) play out of the two. What do you think? Is there any benefit at all to having them both?

[Anonymous No.22179575]

>>22179498
This.

[Anonymous No.22179587]

>>22179520
Markets closed on Monday you pedophile

[Anonymous No.22179596]

On a positive note: during the 2014 apple split there was a dip after the post split rally just like this time. We all know what happened next... green and nothing but till 500 per was in sight. So let this short term shit happen at will, buy more and grin, for in the months and years ahead it'll be green baby out the ass.

[Anonymous No.22179602]

>>22179568
Why

[Anonymous No.22179620]

>>22179567
>High IV
>Selling ATM options
Nigger do you really want to get fucked by a hugely negative gamma if the stock were to ever move so slightly?

[Anonymous No.22179623]

i will wake up tomorrow in a sea of green

[Anonymous No.22179635]

>>22179512
So GOOGL is going to get even cheaper?

[Anonymous No.22179638]

i for one prefer the 2d thread

[Anonymous No.22179648]

>>22179574
WKHS gives you WKHS, which includes 10% equity and 1% revenue from Lordstown

DPHC gives you 15% equity of Lordstown and no WKHS

[Anonymous No.22179650]

>>22179564
Same. I wouldn't worry about it my little wolf of wall street

Russia will be able to buy apple stock and apple is regurgitating some 5G phones, etc.

It'll go back up eventually

[Anonymous No.22179664]

Someone fucked the OP again. Removed baggies Trish link and my stocktwits.com one.

[Anonymous No.22179667]

>>22179620
>sell call
>it goes up
>call triples, neutering any gains you may have
>you now baghold stock with no ability to profit because youre short a call

Based jews ripping off moron “theta” goys

[Anonymous No.22179681]

>Cramer followed by El-Erian
Based CNBC

Did anyone catch if Cramer mentioned the S&P Oscillator?

>>22179183
>bought 1 share of NVDA
me too!

>>22179180
Unfortunately I'm not allowed to keep losing. I've got so much catching up to do. I NEED to catch something like

>>22179505
JUST GIVE ME THE GO AHEAD
I NEED AN OPPORTUNITY TO UNLEASH THE LEVERAGE

>>22179563
can I buy more UVXY then?

Kind of want the full 100 shares to sell wayyyyy OTM calls off.

[Anonymous No.22179691]

A reminder, be safe, be smart, invest in Walmart.

[Anonymous No.22179701]

>>22179575
I have to disagree.

Nadaq reached levels of the DOT COM bubble yesterday.

Hedge funds likely saw this and took profits. They will likely buy into blue chip stocks...which I agree with the anon about.

I expect stocks like Honeywell & UPS to be @ 200 soon.

[Anonymous No.22179709]

>>22179587
>calls someone a pedophile for posting anime
just die you piece of shit

[Anonymous No.22179715]

>>22179650
Thank you for the reassuring words Komi-san

[Anonymous No.22179723]

>>22179563
If this is typical procedure, futures should be red, premarket should look horrible, gap down open, THEN bulls attempt a response after the bell.

[Anonymous No.22179746]

>>22179505
snug autumn
>>22179563
Jeez luis, 1.7B to sell? I heard both 600M and 2.5B so I guess that's showing a happy medium?

[Anonymous No.22179753]

>>22179648
Isnt the 1% revenue agreement only for the first 200k vehicles sold?

[Anonymous No.22179761]

how much of this is what happened today?
https://www.youtube.com/watch?v=gMShFx5rThI

[Anonymous No.22179765]

>>22179587
kim possible was the worst show in modern history

[Anonymous No.22179777]

>had to go to class for last market hour
>aapl at 120
well then

[Anonymous No.22179781]

>>22179592
nothing like holding a portfolio of TQQQ, FNGU, TSLA, and AAPL and seeing a 12% loss in a single day. panic sold the FNGU.

[Anonymous No.22179784]

So is everything dumping for us to buy it all next week as a quasi-Labor Day sale?

[Anonymous No.22179805]

>>22179620

Dont you just let it ride or die to expiration and deal with the loss if its ITM? Covered calls specifically.

Ive sold cash covered puts, but I hate the idea of it dropping into the nether and totally fucking my buns. A vertical might be more my style I suppose.

[Anonymous No.22179814]

>>22179765
if you're inferring I'm from /co/ you're wrong, they're pedophiles as well

[Anonymous No.22179822]

>>22179520
how did you both bring up a long weekend and forget about it in the same post

[Anonymous No.22179824]

>>22179667
No it's just retards who think they're smart that they think they can actually make money by selling ATM options in any case and expect not to get fucked by a hugely negative gamma position. Not to mention the ability to early exercise an American option so you run that risk as well.

Remember this formule I'll post it once for people here to remember when using options:

PnL = (total delta)*(price move) + (total gamma/2)*((price move)^2)

If you're gamma is negative (which it is if you sell options, ESPECIALLY ATM options) then you're fucking yourself real hard if the price were to ever move so slightly if your delta isn't so big that it cancels out the negative gamma

[Anonymous No.22179825]

>>22179667
i dont think you understand how this strategy works
you dont sell calls on things that are prone to mooning OR on things that you arent perfectly happy holding anyways. if both of those are satisfied it is literally free money

[Anonymous No.22179836]

Someone please help me out. Noob here

Should I cut my losses and never touch stocks again or will this recover?

[Anonymous No.22179848]

>>22179037
>You been seeing the weird zerohedge articles about the mysterious gamma buyers?
no I know nothing about it and honestly I still haven't learned my greeks and don't understand that, or VIX.

Really want to buy more UVXY and TQQQ though... I believe Sept. will be rough.

[Anonymous No.22179860]

>>22179805
Read >>22179824, don't fuck with negative gamma positions if you don't know what you're doing

[Anonymous No.22179861]

>>22179805
Because stocks can move 5% in one session so waiting a week for a contrsct to expire could easily have a huge opportunity cost. Its a waste of money, locks up your equity, and turns you into a simp bagholder who literally circumsized your own gains while ensuring more losses if it crashes

[Anonymous No.22179862]

>>22179620
Not sure what you mean. It’s a theta strategy. Using Apple as the example, you’d be more fucked had you bought the same call. Saying “I could have bought a put” isn’t a good defense because then you’re just implying ‘crystal ball’ logic. CCs are a defensive strategy with the implicit assumption of a flat to moderately bullish outlook and that the underlying’s real volatility will be less than IV.

[Anonymous No.22179866]

post 'em.

[Anonymous No.22179884]

>>22179836
>He actually bought TQQQ
Anon... We were just joking Jesus Fuck

[Anonymous No.22179886]

GME CHADS..... We've Won....
This dip barely even touched us. We will continue RISING MY BROTHERS

[Anonymous No.22179888]

>>22179478
quit posting the thumbnail baka

[Anonymous No.22179889]

>>22179836
kek and I feel bad for losing 1k€ of my gains today

[Anonymous No.22179893]

>>22179478
And what? Lose money versus covering your position and lose less money? No.

[Anonymous No.22179901]

>>22179825
Tell me how it works, because covered calls always cost more opportunity than any “gains” from capturing premium while bagholding a stock

[Anonymous No.22179906]

>>22179836
Omfg that portfolio...

[Anonymous No.22179912]

Wew, ok now that the Bear market is over can you guys pump WKHS to ~17.90? I want to get assigned but I still want a good price.

[Anonymous No.22179915]

>>22179587
>closed Monday

Oh no....exit all markets now!!!

TESLA AND APPLE ARE DEAD!

RUN! GO NOW!!!!!

OH GOD! THE MARKET JUST ATE THE DING DING DING ANON!!!!

I WILL BUY YOU SOME TIME AND HOLD DOWN THE MARKET WHILE YOU GET AWAY....

I WILL CATCH UP WITH YOU LATER, FREN...YOU GO ON AHEAD...

[Anonymous No.22179921]

You jerk off /smg/?
You gotta stay relaxed.

[Anonymous No.22179926]

>>22179860

Yeah but why do I give a fuck if Im not planning on buying the option back?

[Anonymous No.22179927]

>newfags fell for the TQQQ meme during a FUCKING PANDEMIC

holy shit im laughing so hard

[Anonymous No.22179931]

>>22179901
he literally already just told you how it works...

[Anonymous No.22179937]

>>22179836
whyd you invest so much if your completely new?

[Anonymous No.22179940]

>>22179862
>CCs are for bullish calls

No. Theyre not. Theyre for -0.1% moves, thats it. You do not gain anything from using a CC instead of just holding the stock or buying calls.

[Anonymous No.22179943]

>>22179862
Nigger read >>22179824

[Anonymous No.22179947]

>>22179836
depending on how much you bought and at what levels and how much cash you have on hand and how much income you have coming in each month, you are either completely fine, or retarded

[Anonymous No.22179951]

>>22179861

Got it, that makes sense.

[Anonymous No.22179956]

>>22179937
because it was going up and i wanted to capitalize on it

[Anonymous No.22179958]

>>22179886
So you think you can play with big boys do ya?

[Anonymous No.22179967]

>>22179931
Meanwhile in the real world
>hold 100 apple
>sell a call
>goes up
>your gains are cucked because now the call is up 400%

Wow what a great strategy

[Anonymous No.22179968]

>>22178654
about -$100. Just the AAPL drop on like 10 shares because I sold everything else, and some losses on a minor XPEV hold.

>>22178849
Sold my TSLA and the majority of my AAPL yesterday morning first thing and got comfy profit. I am planning to re-invest that tomorrow as well as an additional $5k and a AAPL LEAP, I hope it tanks a bunch more. I will watch the pre-market numbers to see if I should jump in right away or wait for more based DIPS. My investment plan has me buying AAPL, MSFT, TQQQ. The only one I am unsure about buying on the fatty DIP tomorrow is TQQQ. AAPL and MSFT are stable enough that a dip just feels like a discount. Thoughts?

I am never buying TSLA until it totally tanks. Retards on facebook screaming about buy the dip and battery day cuz thats what other robinhoodfags are saying. $200 TSLA? Yes 10 plz. Then I will just hold until it can buy me a Tesla Model 3. And at that point its just play money. If TSLA goes up to the moon from here meh. I planned to pump and dump the split knowing the normies would go nuts and it played out.

[Anonymous No.22179972]

>>22179921
My socks are in the washer right now.

[Anonymous No.22179971]

>>22179927
>three months of TQQQ being wildly profitable:
>one day where it goes down: AHAHAHAHA IDIOTS
Buying. Opportunity.

[Anonymous No.22179985]

>>22179947
>you are either completely fine
i can survive without touching the money for a long time probably. should i just hold it?

[Anonymous No.22179989]

>>22179848
I'm looking at UVXY rite now, you see how high the volume is? Unless I'm reading this wrong it was higher today than ever in March, on both the daily and 4 hour. That can't be retail doing that O_O
And yes I'm simultaneous tempted to go short hard AND go long hard

[Anonymous No.22179992]

>>22179415
Hey biz 2000$ profit today how did the rest of you do?

[Anonymous No.22180003]

TSLA dangerously getting back down to 400

[Anonymous No.22180009]

>>22179667
>Be down 7% today
>Most of it just extrinsic value on the countless puts I wrote far OTM that will expire worthless even after today
>Stuff like 290p FB
Wow, the Jews really got me here. Really suffered today haha

[Anonymous No.22180010]

>>22179836
You are fine anon. TQQQ is a 3x etf of tech so its always just a bigger movement than it actually is. It will bounce back fine.

[Anonymous No.22180012]

>>22179926
The point is that either you're gonna get early exercised when it's in the money or you're going to have a full downside risk and very limited upside potential all for a fee for ATM calls while at the same time also being short on gamma which heavily impacts your PnL

[Anonymous No.22180014]

>>22179921
We don't sit here calling people for 8+ hours a day trying to sell shit, traders shouldn't fap more than once or twice a day because it's good to have that extra energy

[Anonymous No.22180020]

>>22179478
If you're long a company, why would you not want to hedge against red by selling covered calls?

[Anonymous No.22180027]

>>22179563
Excellent.
What is my posture called. Bearish so I can be bullish AF.

[Anonymous No.22180028]

>>22179992
post pic or larp

[Anonymous No.22180031]

>>22179958
HEH.... Try me Old Timer....
I see TWO DIPS IN A ROW GRAMPS, GME WILL CONTINUE TO RISE....

[Anonymous No.22180032]

NO!! Taco bell is removing 3 more things from the menu.. Mexican Pizza, pico de gallo and shredded chicken is gone after 11-5... WTF I liked the shredded chicken melt.

[Anonymous No.22180038]

>>22180009
Good job anime pedo, youve now learned the difference between covered calls and shorting an option.

[Anonymous No.22180041]

>>22179992
cool how did you fair for the 98 days of the last 100 days that the market was going up?

[Anonymous No.22180043]

>>22179915
>TESLA AND APPLE ARE DEAD!

I bet the recover all they lost and gain more. I bought 50 shares of Tesla. Average $414 a share.

[Anonymous No.22180047]

>>22179415
Hope you retarded niggers bought KCAC like I told you you would have doubled your money by now

[Anonymous No.22180049]

>>22179971
based don't hide, just buy

[Anonymous No.22180060]

I will buy the REAL dip.

[Anonymous No.22180062]

ANY HUES OUT HERE? HELLO?

[Anonymous No.22180074]

>>22179967
>selling close to ATM covered calls on AAPL
>selling covered calls on a stock you dont want to lose at a price it could easily reach within that time frame
you are a retard.
1) dont sell covered calls on AAPL if you would be devastated if they were filled and are too much of a bitch to wait for a dip to buy them back
2) if you dont want your calls to be filled but still want free money, just sell at a higher strike. AAPL has high enough premiums and liquidity that youll still get something even selling at a strike that is basically impossible, because there are yolo retards buying the top
3) just do CC on BAC instead dumbass

[Anonymous No.22180082]

You did cash in on your SPY puts today, right?

[Anonymous No.22180087]

>>22179967
covered calls cap your upside in order to give you consistent income on something you don't mind holding long term anyways. if it goes up and it gets exercised you still make money, i don't see the problem here.

if you think a stock is going to moon then don't sell covered calls, or at least sell further OTM, simple as.

[Anonymous No.22180094]

>>22179992
Yeah, rub it in. I'll get you next time.
>>22180038
>Calls theta guys mongs
>Keeps digging the hole when challenged

[Anonymous No.22180096]

>>22179940
Downside protection, immediate access to the premium to invest in other things, defined returns to give you more predictability, lower portfolio volatility, etc.

>>22179943
No need, I’ve been living off of premium for years.

[Anonymous No.22180099]

>>22180020
>hedge against ref

Meanwhile im the real world
>you own 100 apple
>you sold a call for 200-400$ premium maybe on a weekly
>stock drops 2%, wipes out any gains from the premium

Great strategy

[Anonymous No.22180106]

>>22180032
>>>/ck/14678119

I made this thread in between buying meme stocks.

[Anonymous No.22180109]

>>22180060
But...do you even know when?

[Anonymous No.22180110]

>>22179985
most likely yes. buy high sell low is a meme for a reason. stocks unironically only go up, and even if they go down, buy more pussy
althought FNGU is fucking gay since TSLA cucks it on any dips, youre better off with TQQQ. but i wouldnt sell now that youre in the red after months of green. just hold forever

[Anonymous No.22180119]

>>22180082
looks comfy

[Anonymous No.22180122]

BLACKED

[Baggie !!2wgod7RQeJh No.22180126]

Joe Hiden says, "Don't just sit there with the record player going. Visit my website, www.antifa.com"

[Anonymous No.22180142]

>>22180074
>go for a higher strike

So now youre saying to hold 12.500$ of a stock to collect 50$ a week maybe in best circumstances?

Wow what a great strategy.

[Anonymous No.22180146]

It's all over isn't it bros.

[Anonymous No.22180147]

>>22179971
you fucking tourist retard why would you buy a 3x LEVERAGED stock during ATHs. the people profiting off of TQQQ closed their positions in March on cliff and the stragglers exited in June.

Anyone who has bought TQQQ higher than 80 knows absolutely nothing and is buying on momentum which should be hedged with LESS LEVERAGE aka QQQ

[Anonymous No.22180152]

>>22180082
What's the hair dryer doing there?

[Anonymous No.22180154]

>>22180099
>still have the stock
>stock goes back up
wooooow

[Anonymous No.22180161]

>YOU WERE WARNED IN THE 3RD WEEK OF JUNE
you did nothing
>YOU WERE WARNED IN THE 4TH WEEK OF JUNE
you did nothing
>YOU WERE WARNED IN THE 1ST WEEK OF JULY
you did nothing
>YOU WERE WARNED IN THE 2ND WEEK OF JULY
you did nothing
>YOU WERE WARNED IN THE 3RD WEEK OF JULY
you did nothing
>YOU WERE WARNED IN THE 4TH WEEK OF JULY
you did nothing
>YOU WERE WARNED IN THE 1ST WEEK OF AUGUST
you did nothing
>YOU WERE WARNED IN THE 2ND WEEK OF AUGUST
you did nothing
>YOU WERE WARNED IN THE 3RD WEEK OF AUGUST
you did nothing
>YOU WERE WARNED IN THE 4TH WEEK OF AUGUST
you did nothing

do not expect mercy in the weeks to come
ROBINZOOMERS GET THE FUCKING BULLET

[Anonymous No.22180168]

>>22179921
>asking 4chan if they jerk off
if we could look at coom averages by website, 4chan probably has the highest cooms per second considering hiroshimoot put porn ads on every fucking board

[Anonymous No.22180173]

>>22179587
you HAVE to go back

PLEASE

[Anonymous No.22180177]

>>22180110
thanks!

[Anonymous No.22180187]

>>22180154
Opportunity cost.

[Anonymous No.22180200]

>>22179971
i bought a 10% fucking drop on AMD. if it drops another 10% i'll buy more. if it drops another 10% i'll have a complete position.

i extremely doubt it'll get that far any time soon. but what do i know im just a boring buy and holder.

[Anonymous No.22180205]

>>22180142
its either free money or wild gains. like i said if youre a pussy just sell a naked put for BAC at 25.5 and when that fills sell a covered call for 26.5 and do it that way. again, DONT SELL THEM ON STOCKS YOU DONT EVER WANT TO SELL

[Anonymous No.22180206]

How big are your losses today anons?

http://www.strawpoll.me/20882564

[Anonymous No.22180219]

>>22180003
News of some manager bitch selling all her shares are out. Prepare for more bad news.

[Anonymous No.22180220]

>>22180147
I buy TQQQ to hold for the next decade and I bought back in April. The only thing that could shake me out would be a real crash like a March repeat but even then I'd just sell, wait a bit then get back in at half the price

[Anonymous No.22180222]

>>22180009
god what an unlikable post

[Anonymous No.22180223]

>>22180147
TQQQ has historically been at an all time high basically from inception until march, and then from may until present. That's why it's a good hold. Are you retarded?

[Anonymous No.22180225]

>>22180074

Why do you suggest BAC?

[Anonymous No.22180233]

>>22180154
Using a covered call in this strategy would mean you're long term bullish, assuming if you're selling weeklies at 20 strikes out for example
no need to get mad, might as well learn different market dynamics while you're here

[Anonymous No.22180241]

>>22180205
So why would people do CC in the first place? Theres no upside, and all it does it caps your gains. You can still go red if it goes down. What exactly are you hedging against? Your shit stock staying sideways?

[Anonymous No.22180244]

>>22180043
>average 414$
It's now at 400 after market.
Going down to 300 tomorrow.
Welcome to the ride that never ends.

[Anonymous No.22180246]

>>22180043
Apple will definitely get back at some point since they have a product, profit and a bigger market share with Russia soon.

Tesla... i want to buy it but there's so many downsides....there's so much that a company can get by on just government credits without profit and an autistic meme CEO desu

[Anonymous No.22180254]

>>22180187
Compared to what? Yolo pennystock plays? Covered calls on a stock you want to hold anyways is literally just extra money.

[Anonymous No.22180263]

>>22180220
What would really happen is you sell and then it goes back up.

[Anonymous No.22180268]

>>22179989
mind sharing what your positioning is like?
lot of cash and low-beta stocks?

[Anonymous No.22180276]

>>22180031
You'll be fetching carts for minimum wage when I'm done with you!

[Anonymous No.22180278]

>>22180254
Compared to idk a hourly fucking fluctuation in TQQQ or apple

[Anonymous No.22180283]

>>22180222
Thanks, I try my hardest
>>22180206
Pretty big
Bought a falling knife with AAPL

[Anonymous No.22180284]

>>22180082
Do you heat your pizza up with the hair dryer

[Baggie !!2wgod7RQeJh No.22180292]

>>22180206
They aren't as big today as they will be tomorry.

[Anonymous No.22180296]

Bought Walmart end of day and went from -5% to -4% because of it. Feel a bit better. Also I heard Walmart has some good things coming for it

[Anonymous No.22180298]

You actually memed Anons into buying TQQQ?
Wow. You’re fucking pure evil 4chan. These are peoples lives you’re destroying.

[Anonymous No.22180319]

>>22180082
no
should I have sold my QQQ put?
My UVXY stash?

[Anonymous No.22180328]

>>22180233
Why would you be holding stocks you're not long term bullish on? The only example I can think is bagholding (in which case, yes, cut the bag asap) or meme stocks (GME)

If you're holding 100 Apple forever because Buffet does, there's no opportunity cost to writing covered calls (unless you get assigned).

[Anonymous No.22180333]

>>22180263
>What would really happen is you sell and then it goes back up.
Not really. I'll get out when QQQ dips under the 200 day moving average then get back in when it gets back above it. No discretionary decision at all just mechanical selling and buying.

[Anonymous No.22180356]

>>22180161
This.
Bears have been nothing but consistent.
You were warned months in advance and yet you did nothing.

[Anonymous No.22180357]

>>22180298
>peoples lives
>people
>4chan
>lives
>4chan

[Anonymous No.22180366]

>>22180220
>hold for the next decade

Yeah, enjoy when all your gains are wiped out in a week of downturns in 2030 when whatever fucking bullshit the world is dealing with hits its peak. You seriously have no brain cells jumping on a ship that's already launched. You're comparable to TSLA 2k buyers. Tech only booms in intervals.

[Anonymous No.22180372]

QQQ didn't drop below it's 20 day moving average.

Meme lines say hold TQQQ unless QQQ drops another $5 tomorrow.

[Anonymous No.22180373]

>>22180328
>meme stocks (GME)
HEH......

[Anonymous No.22180376]

>>22180296
You will be rewarded for making a high iq move.

[Anonymous No.22180388]

>>22180233
Every covered call is bullish in any case. The delta of a stock is always higher than that if a call, although it can approach the delta of a stock if very far ITM
>>22180328
There is because you're losing out on potential gains in the stock were the sold call to be ITM or ATM.
And all that limiting for a small premium?

[Anonymous No.22180395]

>>22180328
>theres no opportunity cost to being forced to either a massive loss or a meagre gain while the whole market is a game of pong

Are you this retarded? Yes. Holding a stock that does not go up if the market is not as far down, is an opportunity cost. Because otherwise youre earning more, on a known factor; volatility

[Anonymous No.22180407]

>>22180356
i made lots of money during those months though...?

[Anonymous No.22180430]

>>22180356
We did nothing?
We made a huge profit and this day merely wiped out one week of gains lol

[Anonymous No.22180434]

>>22180161
if you got out in the fourth week of June and sat in cash the whole time you'd legitimately be worse off than having held through this dip, are bears actually this stupid?

>>22180373
GME is a fun short squeeze to play but it's not on my "stocks I'd be happy to wake up from a 5 year coma bagholding" list

[Anonymous No.22180445]

LCA announcement soon.

[Anonymous No.22180449]

>>22180298
>destroying lives
>having a life
>4chan

You can't kill what doesn't have a life desu

[Anonymous No.22180467]

>>22180161
LMFAO is this seriously what bears consider winning. "Warning" everyone for 8 months that "one day a crash will happen I swear". Meanwhile you were losing money on puts and we were all making money, except for zoomer newfags.

[Anonymous No.22180494]

>>22180395
>Holding a stock that does not go up if the market is
Why? Stop doing this, that's stupid. Nobody except turboboomers is telling you to sit on XOM bags or whatever. Why are you building this strawman?

[Anonymous No.22180503]

>just wait till battery day bro

[Anonymous No.22180504]

>>22180366
By 2030 I'll be so rich off my decade long TQQQ run-up I'll just laugh at the 50 million dollar drawdown whilst relaxing on my 800 foot yacht in the middle of the Pacific whilst the world burns

[Baggie !!2wgod7RQeJh No.22180509]

is there a way to chart the the gamma of an option so that I can use technical wizardry to purchase options with rising gamma and basically make a shit load of fucking money really quickly?

[Anonymous No.22180514]

How long am I going to be holding my FNGU and TQQQ bags? I'm down like 11% on each

[Anonymous No.22180516]

>>22179836
holy fuck my guy, don't touch triple leveraged shit or put that much in if you're new

[Anonymous No.22180522]

>>22180434
>GME is a fun short squeeze
When I wake up from my 5 year coma, I cant wait to see the squeeze keep going!

[Anonymous No.22180523]

>>22180223
Zoom the fuck out. Way out. Tell me these are not ATHs. Tell me, say it out loud to your computer, convincingly, that +816% in the past 5y on a triple leveraged position isn't a recipe for an equally comparable percentage DROP. You fucking child, read a goddamn book and accumulate some life experiences before you try to state "historical fact" garbage.

[Anonymous No.22180535]

>>22180467
>we
please go back

[Anonymous No.22180543]

>>22180225
pretty good premiums, weekly options, value stock, bank (hedge against tech), good bank, very stable
>>22180241
its zero risk extra income. what is your plan? just dump all the money in tech? I already do that. buy yolo calls? thats high risk. there's no issue diversifying your strategies. covered calls allows you to make passive income in non volatile markets or on non volatile stocks in volatile markets. i know you didnt download robinhood until april, but this unprecedented bullrun is not normal, and covered calls and naked puts are excellent ways to make income during a crab market

[Anonymous No.22180547]

>>22180494
Because why do a CC? Theres nothing that youre “defending” or hedging against. Its a waste of time and equity that can be used to earn more money otherwise. Your gains are capped and your losses are still infinite, except whatever meagre premium you collected.

[Anonymous No.22180563]

>>22179836
Based. HODL, you’ll be fine. Don’t panic sell like all these e-thots who bought in at the top.

[Anonymous No.22180570]

Guys the market tanks if I masterbate. I am so sorry for today... going no fap for as long as I can.

[Anonymous No.22180583]

>>22180543
See
>>22180547
Covered calls provide no protection, leverage, hedge, or otherwise. All it does is guarantee capped gains, or at worst, a lost position if it does moon and then you dont get shit. Its self cuckolding

[Anonymous No.22180596]

>>22180494
That's how a covered call works
You own the stock, and choose to lose out on any gains above the strike.price of your shorted call.
So just to be able to write a covered call far OTM, you're gonna need to hold a lot of stock to receive a small premium, while at the same time still having your downside risk.

[Anonymous No.22180603]

These are not good times to buy any stonks, are they?

Yeah I'm not a veteran here. I'm sincerely asking.

Everything seems to be crashing down just as I can start to invest.

[Anonymous No.22180606]

>>22180570
Jesus, just let us know the day before your fap fest, and we can all get rich.

[Anonymous No.22180615]

Anyone got a link to a CNBC stream?

[Anonymous No.22180616]

>>22180503
>not just a car company
>Mars mission
>Tesla is undervalued
>Africans sent money to their U.S. cab driver family member to buy Tesla stock on high interest loans

Tesla will be a textbook example for a finance college book on bubbles lmao

[Anonymous No.22180617]

>>22180523
>Tell me, say it out loud to your computer, convincingly, that +816% in the past 5y on a triple leveraged position isn't a recipe for an equally comparable percentage DROP.
Good luck dropping 816% lmao

[Anonymous No.22180625]

>>22180535
>he mad
You got BTFO just deal with it and think before you post. Also buy WMT.

[Anonymous No.22180630]

>>22180570
FUCKING WEAK HANDS ANON, WEAK HANDS. Get back on the horse tomorrow.

[Anonymous No.22180646]

>>22180514
Unironically just buy more. Dump FNGU because it's gay and cost average into TQQQ.

>>22180523
>zoom the fuck out
Ok
>tell me these are not ATHs
Hey thot posting faggot, learn to read. TQQQ is almost always at an ATH. That's what my post said. Here, I've even highlighted it for you. For someone who apparently know what books are you sure are fucking illiterate.

[Anonymous No.22180647]

>>22180596
Atleast you seem to get it. RH zoomies dont understand and fell for the muh wheel is invincible meme

[Anonymous No.22180652]

>remembering arguing for weeks with a "TSLAbro" that the price had nothing to do with gamma squeeze manipulation
And now hes fucking ninja vanished

[Anonymous No.22180674]

>>22180603
Do not enter this market - I am an experienced investor and I am holding cash. If you're truly a novice you may seek to avoid the stock market until even 2021.

[Anonymous No.22180678]

>>22180268
Still a lot of cash, higher beta than I used to be kekkies. Lotta BMRN, net long on VIX via UVXY verties but those are ending soon so uhh maybe I'll add maybe I won't I dunno. If I see the indices get knocked out of thick volume (say like 3420 spx) I think we'll go down to the low 3300s then possibly the low 3200s. If we don't uhhh I'll wish I bought the dip. I'd rather long VIX than short the indices but I really should have done that harder last week >_<

[Anonymous No.22180692]

>all these people shitting on TQQQ
shut the fuck up. this bullrun the past 20 days with zero dips has been retarded, but the recovery from march is the entire markets problem NOT tech/TQQQ's specifically. TQQQ long holding is a bet that amazon, apple, facebook, nvda, etc (ie all the companies poised to fucking explode in value as AI/ML/neural nets begin the automation waves) will continue to be profitable for the next decade. protip: this is the right bet to make
buy the fucking dip. and buy some SOXL too
>>22180583
you are so fucking retarded. keep telling me BAC is going to moon and that selling a couple CCs on BAC and when they fill, selling a couple naked puts on BAC for free fucking money while I make bank on long tech holds is a bad idea. youre so retarded, just stop investing

[Anonymous No.22180698]

>>22180647
Who doesn't understand covered calls, it's not free income and the return you get in premiums are not worth the opportunity costs whatsoever.

[Anonymous No.22180701]

>>22180625
>You got BTFO just deal with it
really? lets see those profits, nigger

[Anonymous No.22180721]

>>22180596
If you're holding Apple forever anyways there's literally zero downside to writing far OTM calls. What kind of retard buys a stock specifically to sell calls on? It's just extra money that's sitting on the table, you're literally braindead not to take it.

[Anonymous No.22180724]

>>22180698
See
>>22180692
Lmao

[Baggie !!2wgod7RQeJh No.22180738]

>>22180692
>buying into the crash
dude.... don't do it, we're going lower than march's lows.

[Anonymous No.22180743]

WHAT THE FUCK HAPPENED TO MY TESLA CALLS SURELY THIS IS A MISTAKE

[Anonymous No.22180745]

>>22180583
The premiums literally lowers your break even, that’s protection. It’s not the same as buying a put but you’re not actually paying for it.

[Anonymous No.22180765]

>>22180603
please lose out on the opportunities instead of losing 5000 dollars in one day like i did'

you know what misery loves company please buy meme stocks we shill here

[Anonymous No.22180770]

>>22180745
The premium is the maximum amount you can make. Bottom line. It does not provide any downside protection in any way.

[Anonymous No.22180775]

>>22180692
I like TQQQ as much as the next guy but I don’t think I wanna buy it until Tuesday. Shit looked real bad today and it doesn’t seem like it’s gonna get better tomorrow.

[Anonymous No.22180787]

>>22180547
I'm starting to understand covered calls better now after selling some as a test and now doing it for money.

Citi
1000 Shares at a price of $52
Breakeven price $55
Covered call $55.5 priced at 42 cents
Sell 10 covered calls
Get $420 minus $15 commission.

If stock stays below $55.5 I keep the options money.
If stock goes above $55.5 I get my shares sold at that price and make 50 cents a share plus keep the option money.

Only downfall is if stock goes much higher than $55.5 I which case I lose out on those gains. But that is rare in covered calls under a month of expiration, depending on the stock.

[Anonymous No.22180797]

>>22180583

i thought covered calls were just a limit sell + tip? if you wanted to exit a position. after reading you people I feel worse off

[Anonymous No.22180811]

>>22180646
>dump FNGU
When it's going up it goes up at a higher rate than TQQQ but yeah I agree it's been pretty gay

What about NAIL? down 6% on that but it just had a fairly substantial run down so I thought it might head back up

[Anonymous No.22180819]

Fun day /smg/.
Before I log off, here's hoping that Apple goes under 2 trillion market cap and that Tesla falls down into high 200 billion market cap tomorrow. RIP to holders of TQQQ, SOXL, and other leveraged positions if the dump continues tomorrow. RIP to me if the market makes a quick u-turn.

[Anonymous No.22180828]

>AAPL pumping AH

[Anonymous No.22180829]

>>22180738
thanks baggie, dont you have some NAK/KTOV to buy?
>>22180724
you really see no advantage to collecting literally free premiums? "opportunity cost" assumes you exploit the opportunity for a guaranteed ROI greater than a free premium. that's not always a guarantee since I dont know the future.
and this is all not even discussing how a covered calls literally a limit sell + tip and a naked put is a limit buy + tip, which itself is hugely valuable

[Anonymous No.22180833]

>>22180168
she's not getting very good range of motion there

[Anonymous No.22180840]

>>22180787
Yep. And then if it goes up, your gains are capped at the amount of premium you collected. Essentially youre locking up equity to bet that a stock will stay sideways.

[Anonymous No.22180845]

>J-Just wait for battery day Tesla bros

[Anonymous No.22180846]

>>22180811
I think sector specific and novelty leveraged ETFs are dumb in general but idk sometimes you can make a wild gain on 3x corn or something.

[Anonymous No.22180851]

>>22180819
>log off

[Anonymous No.22180855]

>>22180721
>Zero downside
The downside is opportunity costs of the LIMITED UPSIDE.
If it were to go above your strike price you could have made more but you got the premiums instead, which are lower than the opportunity costs of shorting the call because there's no such thing as a free lunch.
>It's just extra money sitting on the table
Nigger you think you just found this out and people are stupid not to use more covered calls?
There's a reason why not everyone is doing it and it's not because they don't seem to get it or they just don't see it. Its because the opportunity costs outweigh the premiums for far OTM calls

[Anonymous No.22180863]

>>22180829
The stock market can move 5+% in a day. If you sell a CC you have capped your gains, cucked yourself, and lost a massive amount of time for no reason.

[Baggie !!2wgod7RQeJh No.22180867]

>>22180829
In the past 24 hours KTOV is beating the S&P 500.

[Anonymous No.22180876]

>>22180646
I expect an apology tomorrow when TQQQ drops another 10-20%

[Anonymous No.22180896]

>>22180855
>hurrdurr if Apple decides to fucking double it's market cap overnight you might only 1.8x your money!!!
ok, you know if it goes up that far that fast it's probably coming back down, right

[Anonymous No.22180912]

>>22180863
>the stock market can move 5+% in a day
holy FUCK delete robinhood and stop investing. just shut the fuck up
>>22180867
thats interesting, youre buying every dip straight down to the bottom right bro?

[Anonymous No.22180913]

Im laughing so fucking hard right now at Tesla buyers. You god damn retards deserve this shit. I mocked you so much the past few weeks lmao.

[Anonymous No.22180918]

what was the catalyst that caused the huge selloff of the entire market today? anyone know? give me an explanation that isn't a meme, i want to actually understand wtf happened today.

[Anonymous No.22180932]

>>22180797
Most people can't do covered calls because they need a lot of shares. For example I have 1400 shares of Citi and sold 14 covered calls expiring September 18th. The calls I sold were worth $600. The stock is worth like $76,000.

[Anonymous No.22180940]

>>22180896
Do the math on a CC if apple doubles, buddy.

Youll find out that the gains are capped, to the premium you collected. Why are you long on a stock that you bet will not go up?

[Anonymous No.22180943]

>>22180876
You're not getting one and I'm buying more, faggot.

[Anonymous No.22180944]

>>22180918
Trump learned what emojis are.

[Anonymous No.22180949]

>>22179098
sept 7th is labour day... holiday no tradey

[Anonymous No.22180952]

>>22180770
Premium + any upside between the purchase price of the stock. You should check the annualized covered returns on options before you keep digging your hole.

Also, yes, the downside protection is literally stock purchase price - premium received, which is less than your purchase price. Literally downside protection because trading is about cash flows.

[Anonymous No.22180955]

>>22180829
>Since I don't know the future
The chance that the option will end up in the money is the delta of the option.
The opportunity costs of you holding that stock and having a covered call is more costly than the premium you receive on the call option. You know why? Because the true value of the option is lower than what you pay for it, and the value is higher than what you can sell it for.
You're always losing out on gains with a covered call and always have higher opportunity costs than the premiums make up for.
>>22180896
Read this post

[Anonymous No.22180958]

>>22180918
It's called Profit Taking.

Only Hedge funds can move markets like this.

Nasdaq was going parabolic for a bit. This healthy correction was needed.

Might drop another 1-2%, then slowly rise up next week.

[Anonymous No.22180964]

>>22180952
Show your math. Ill wait.

[Anonymous No.22180971]

>>22180833
>she's not getting very good range of motion there
she might not be but my dick is

[Anonymous No.22180981]

>>22180940
>if you dont think apple is going to double by the end of the month you must not think it's going to go up at all
Okay, filtering you now, bye.

[Anonymous No.22180984]

>>22180918
deflation is cripping up again

[Anonymous No.22180990]

>>22180981
Based retard. Go collect some pennies

[Anonymous No.22181004]

>>22180770
Okay, which is better: 100 shares that just decreased 5%, or 100 shares that just decreased 5% plus $100?

[Baggie !!2wgod7RQeJh No.22181013]

>>22180912
actually i'm just holding the KTOV/ Now the NAK on the other hand. I am buying that shit with all the shekels I squeeze out of this market on my option trades. When I'm sitting on 100k shares and this shit is sitting at $100 per share and I get to squeeze and extra $300,000 per month writing calls on the fucker. Now that will be tits.

[Anonymous No.22181015]

full 100 UVXY to sell covered calls off?
Stupid?

>>22180678
>UVXY verties
huh
probably too complex of a strategy for my smoothbrain, like your butterfrees

>>22180984
hmm
good think I didn't buy all my rocks yet

[Anonymous No.22181021]

so just sit on my tqqq, appl and mgm correct?

[Anonymous No.22181022]

>>22181004
Ill take the position where im not forced to baghold, aka not doing CCs.

[Anonymous No.22181036]

>>22180918
Lol if you're serious just move your money to a savings bank. Investing is not for you.

>>22180943
You double faggot, I'm cashing so hard off your drooling retardation this month

[Anonymous No.22181053]

>>22180918
Black swan

[Anonymous No.22181056]

I literally do not care about being down 8% today I will be literally a 10 millionaire next week

[Anonymous No.22181057]

>>22181036
post it then

[Anonymous No.22181081]

>>22180955
that is such fucking bullshit, because that assumes i only make money if the option ends up in the money. guess what, if it doesnt i dont care, because i collect my tip and write another call for the next week, FOR FREE
i mean what are you suggesting? that I simply always sell at the strike at which i wrote the call and buy again when the price reaches the point at which i would have written the put?

[Anonymous No.22181080]

>>22181056
You'll make it anon.

You're not a pussy like others. Keep at it.

[Anonymous No.22181089]

>>22181004
So for a small premium you receive of 100$ you're willing to cap your gains where the opportunity costs are ALWAYS higher than the premiums you receive for it. Why? Because you don't get to trade the fair value of the option, that's in-between the spread, meaning you'll always pay more in opportunity costs than what you gain in premiums from it because you're gonna offer at the bid most likely.

[Anonymous No.22181090]

All I wanted was some extra money on the side. I'm sorry for trying to make it Mr. McDonald.

[Anonymous No.22181091]

>>22181021
Sell your MGM and put the money into TQQQ. Maybe even sell your AAPL and do the same if you want to get back into the green a little faster

[Anonymous No.22181104]

>>22180940
OH I can explain this!
I own Citi stock and I sold covered calls, but I also bought calls for a longer out date. So in the short I make the call money to pay for more stock so I can sell more options to pay for more stock and I wait until line go way up and I win.

[Anonymous No.22181108]

>>22180828
holy shit 0.17% after a 20% drop. we are gonna make it

[Anonymous No.22181117]

GME chads part III is on the way

[Anonymous No.22181120]

>>22181036
>98 out of the last 100 trading days have been either green or crab
>bears suddenly show up and start dickwaving on the two days it goes down

[Anonymous No.22181121]

>>22181022
Are you the same guy who hates divvies? You have the same brash confidence as him, and you're just as argumentative.

Also, threadly reminder that dividends are your frens.

[Anonymous No.22181124]

>>22181090
just DCA into spy free money my guy because time in the market beats timing the market

[Anonymous No.22181129]

Soooo.... was this today just a correction or the beginning of a march like crash?

[Anonymous No.22181138]

>>22180918
Democrats with big money realized they’re gonna lose the election with all the riots so they all sold in an attempt to dump truck the market in order to blame Drumpf

[Anonymous No.22181144]

>>22181081
No it doesn't, but at the moment you sell the call you are making yourself pay opportunity costs by calling potential gains retard.

[Anonymous No.22181148]

>>22181091
maybe the appl but shouldnt MGM be nice when vegas opens back up

[Anonymous No.22181158]

>>22180206
>Not doing percentage loss
All you're proving is that 95% of /smg/ are idiots playing around with their lunch money.

t. down around 10k.

[Anonymous No.22181172]

>>22181117
We've still got at least a month for the console hype to take effect.

[Anonymous No.22181177]

>>22181129
>no spike in the dollar
just a correction and buying opportunity, might continue into tomorrow tho

[Anonymous No.22181178]

>>22181015
Hehe the verty is so easy, in this case I just said "yes UVXY will be above 25" on Monday and now I have limited profit with smol downside. Fugg I need to get back into butterfrees, it was going so well until the crash spooked me
Selling covvies on leveraged ETFs especially VIX is high danger, I don't know about that one o_o

[Anonymous No.22181185]

>>22181129
When markets crash like this and there's no reason (like war, interest rate hike), it's a healthy profit taking.

[Anonymous No.22181203]

Does credit spread anon still post here? How are your credit spreads doing?

Got btfo'd myself that after a few weeks I'm actually at a loss because of this massive dump.

[Anonymous No.22181207]

>>22181120
get fucked you stupid zoomer

[Anonymous No.22181208]

>>22180366
Young man, why are you so angry?

[Anonymous No.22181227]

>>22181013
This is why you're a sub 10k portfolio holder.

[Anonymous No.22181229]

>>22179921
I'm sorry Matthew, I'm ngmi.

[Anonymous No.22181239]

>>22180366
I’ve made $10k swinging TQQQ since April btw.

[Anonymous No.22181246]

learn to master the need for instant gratification

be patient, buy and hold

[Anonymous No.22181254]

>>22180366
>tech only booms in intervals, like the entirety of the last 12 years

[Anonymous No.22181258]

>>22181129
march was just the algos failing
the problem now is that the stimulus policies have failed to drive consumption to an adequate level so deflation has started picking up pace. that means that the FED could just take action again, but in actuallity we are in a very bad situation were the banks realize that they have a ton of useless assets on their hands and they need to unload them asap before debt annihilates everything.

so, in plain words, we are in a 2008 situation. we will likely see the FED expand its QE in the following weeks, but it's a race against time at this point honestly

[Anonymous No.22181259]

>>22181144
thats only if you are certain the stock is going to moon and not return back to where youd want to sell a naked put. if you are confident that the stock is going to only touch your strike and then return to your second strike, youre fucking gold. you are such a retard

[Anonymous No.22181269]

>>22181246
WHOA NELLY, SLOW DOWN NOW
*sips*
SIMPLE AS

[Anonymous No.22181272]

>>22181129
Its the crash of the growth market and the beginning of the value moon.

[Anonymous No.22181291]

>>22180161
Bears may not always win, but they never lose

[Anonymous No.22181293]

>>22179927
>>22180147
>>22180376
>>22180523
>>22180971
>>22181229


These are all men.

[Anonymous No.22181296]

>>22181229
i should watch this movie

[Baggie !!2wgod7RQeJh No.22181308]

Guess whos NAK
NAK again!
Bobo's NAK.
Next week is a fucking train wreck/

[Anonymous No.22181310]

>>22181239
That's how you're supposed to utilize it.

>>22181208
lurk moar

[Anonymous No.22181312]

>>22180583
>Its self cuckolding
Thats what I hate about sell calls. Tiny gains only to be btfo'd when it moons.

[Anonymous No.22181320]

marcus here :DDDDDDDDD
still no job :DDD
gf left me :DDDD :DDDD
ktov broke me :DDDDD :DDD
in debt for cocaine :DDDDD
no welfare:DDDDD

feels burdo barde man :DDDDDDDD

wirecard will moon trust me bros

[Anonymous No.22181323]

Chance of AAPL at $115?

[Anonymous No.22181334]

>>22180032
I will never forgive them for deleting the 7 layers.

[Anonymous No.22181337]

>>22181258
I'm afraid we actually might be doing something similar to when congress passed TARP in 2008 and we started to really crash

The thing is, the Fed is committed to prevent a crash because of what it would do to employment and the economy

[Anonymous No.22181344]

>>22181296
It's really good.
I have no desire to rewatch it other than the scenes of Gosling hanging out in his apartment.

[Anonymous No.22181345]

>tfw bought aapl at 135
AAAAAAAAAAAAAAAAAAAAAA DO I SELL OR HOLD

[Anonymous No.22181355]

Ride or die tbqh

Lost $400 over the last two days. I just bought more of the cheapies.

[Anonymous No.22181362]

>>22181345
average down

[Anonymous No.22181367]

>>22181148
>when vegas opens back up
I mean yeah maybe but that could be months. Look at HIBL if you want some recovery plays, MGM is part of their holdings

[Anonymous No.22181378]

>>22181108
Dont make fun of me anon. I couldve sold for sweet gains but held. Gonna baghold them considering their past performance such as 2013.

[Anonymous No.22181384]

>>22180206
Eh. Basically back to last Thursday.

[Anonymous No.22181385]

>>22181323
If APPL hits 115 I think we are in for a lesson in gravity

[Anonymous No.22181405]

>>22181239
How do you know when to sell? How long do you hold each time?

[Anonymous No.22181427]

>>22180964
K. Buy 100 CCL @ 17.58. Sell 1 sept 11 (8 day) 18/strike call @ .81 ($81). In an annualized basis your covered return is premium ($81)/8 (days to expire) x 365 (days in a year)= $3,695.625. As a percentage this is $3,695.625/$1758=210.21%. Doesn’t include upside potential between the strike and purchase price.

Can you make that every week? probably not, but you can make disproportionately high returns when the IV is high and it assumes continuous conditions through the year. That said, if you capture the elevated premiums in the meantime the results speak for themselves.

[Anonymous No.22181438]

>>22180449
More one night more one more night more one night one

[Anonymous No.22181440]

>>22181384
That's assuming it stops.
It won't.

[Anonymous No.22181453]

>>22181345

Buy POR calls for the 18th

If it goes up 1$ more, you'll see a 6x return. Solid ROA but took a dive recently after their CFO did some shady shit and the stock tanked 10%. But it keep edging toward 40$, if it does, the calls you can buy for .55 cents today will be worth 2.00$ tmrw.

[Baggie !!2wgod7RQeJh No.22181465]

>>22180032
They better replace it with something better. Like the Mexican sundae

[Anonymous No.22181478]

>>22181440
Financially rooined

[Anonymous No.22181483]

>>22181337
the Fed's commitment is not unconditional, even the dollar has its limits and they can't just go and create a currency crisis. let's see how things proceed from here.

[Anonymous No.22181493]

This September SAVA is going on a moon mission. We had a painful failure in May, but all will be corrected. There is a cure for Alzheimer's disease now in possession of SAVA, all it takes is to prove it to the world. It is a drug unlike any other. Not only will it cure Alzheimer's disease, but will help in treating the most serious of cancers.
Get ready. It is a long journey. We go to 200. It may not be easy. It will take a few years. Be prepared to hold with iron hands, this will be an exciting ride!

[Anonymous No.22181503]

We're saved!

[Anonymous No.22181509]

>>22179415
All my name stocks are down. Why is September such a shit month?

[Anonymous No.22181512]

>>22181384
Yeah I've seen worse. This being a profit taking dump I expect it to start creeping back up next week

[Anonymous No.22181520]

>>22180770
Idk, if you sell enough contracts your cost basis goes to zero. Using AAPL as an example, you could sell CC every week for two years and make about the amount that you spent on the shares in the first place. I don’t know why you care so much that some people want to use this strategy but I suspect that you’re very young and inexperienced in trading.

[Anonymous No.22181524]

>>22181483
Solid point. How close do you think we are to them prioritising the dollar over keeping the bubbles inflated?

[Baggie !!2wgod7RQeJh No.22181543]

doh fuck! oils going down isn't it...

[Anonymous No.22181550]

i told you all
in july we crabbed for 20 days
in august we pumped for 20 days
in september we will ____ for 20 days

[Anonymous No.22181568]

Why are SEC violations so fucking long 90 days for your first one holy fucking shit

[Anonymous No.22181584]

>>22181483
Dalio says history is clear, that central banks will devalue the currency in this situation

[Anonymous No.22181585]

>>22181568
Because Elizabeth Warren doesn't give a fuck about the little guy trying to make a buck

[Anonymous No.22181586]

>>22181568
It's to make sure poor fags stay poor

[Anonymous No.22181608]

>>22181568
how the fuck do you guys even violate SEC rules like are you doing things besides buying and selling

[Anonymous No.22181628]

Thoughts? Short USD, buy gold miners?

[Anonymous No.22181630]

>>22181108
It was +0.6%

[Anonymous No.22181642]

>>22181608
selling ketamine at a loss

[Anonymous No.22181645]

>>22181608
i got a free riding violation today cause i'm retarded but i might be able to get around it not sure tho

[Baggie !!2wgod7RQeJh No.22181669]

>>22181628
isn't this bullish for tech?

[Anonymous No.22181678]

Who'd win in a stock market battle, here or reddit?

[Anonymous No.22181685]

>>22181524
depends on the administration. I think Trump doesn't want to uphold the strong dollar policy because he thinks it's bad for exports, so I can see the Fed try to go along the path of "controlled devaluation".

>>22181584
well, yeah, because the only alternative is bankruptcy and it comes with huge political cost

[Anonymous No.22181689]

>>22181645
Free riding violations piss off brokers more than most other violations. You might want to try feigning ignorance with their customer support. This will only work once.

[Anonymous No.22181693]

>>22181678
what about SA

[Anonymous No.22181704]

>>22181628
Cool. Dollar must fall.

[Anonymous No.22181720]

>>22181693
They count, didn't realize they had a stock market board. Must be high quality if they have to buy in.

[Anonymous No.22181734]

>>22181090
you will make it anon
but when you've done it, i'd like fries with it as well

[Anonymous No.22181762]

>>22181720
>Must be high quality if they have to buy in.
Lol no.

[Anonymous No.22181772]

>>22181689
for real? damn why is that? also what happens if i try to do a trade while i'm locked?

[Anonymous No.22181774]

>>22181678
Elite Trader no contest

[Anonymous No.22181796]

>>22181720
i was fucking around i didn't even know the site was still active
suprised a poster even knew what SA was these days tbf but they do say /biz/ is full of oldfags

[Anonymous No.22181815]

>>22181628
LMAO, there's anons here that have no idea how fucked we all are

[Anonymous No.22181865]

>>22181378
I sold to make a profit and waiting for it to drop more before going back in. I think the dam is broke because we're already back below $500 pre-split.

[Anonymous No.22181904]

>>22180082
>Diet A&W
A man of culture.

[Anonymous No.22181927]

So today may be the part where I try this again, only this time do it the right way. Once the kung flu came and wrecked this financial newfag, I thought I could swing my way out and wrecked myself big time. If this is the start of another full on crash (it is election season, I'm sure it's orchestrated to an extent) I'm doing this the right way. I'm all cash right now, so I guess this is the part where I find the ones that got slammed the hardest and diversify until I climb out of the hole. I did enough soul searching staying away for the last month and I'm going to be good at this come hell or high water.

Whether today is the bottom or the bottom has yet to come, I can't say.

[Anonymous No.22181930]

>>22181815
Please continue. Fellow biztards have to be prepared for what's coming. What's your ideas/suggestions?

[Anonymous No.22181932]

>>22181678
WSB has some big winners but most people there lose all of their money. This place has a lot of people crabbing and just a few winners. Most likely our average is higher but our median would definitely higher.

[Baggie !!2wgod7RQeJh No.22181946]

>>22181815
if china refuses to hold our bonds can't we just go fuck them up and bring some freedom and democracy to the oppressed wiggers and chinese people

[Anonymous No.22181974]

>>22181320
More like Marcuck. BTFOed eternally.

[Anonymous No.22182007]

>>22181946
the US is cancelling that debt within the month, the Chinese know this so they're trying to make some bank

[Anonymous No.22182008]

>>22181628
Is it time to invest more into Chinese companies?

[Anonymous No.22182020]

>>22181405
I don’t usually get it right at the top or bottom. I just wait until I see signs of a reversal and then buy or sell. I had a $5 trailing stop that triggered on AAPL yesterday that suggested that the local top was close so I liquidated my TQQQ along with most of my other positions. 60 day EMA is a pretty good indicator as well, which has been discussed here extensively. Part of it is just kind of a feeling though. I figure I can always get back in so I don’t care if I take profit too early. I think that the way TQQQ moves even if you get bogged you can double down and have a high probability of making your money back.

[Baggie !!2wgod7RQeJh No.22182073]

>>22182063
>>22182063
>>22182063

[Anonymous No.22182152]

>>22182073
Delete this, you fucking retard. There is already a thread.