[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

>> No.22869727

GME

>> No.22869733
File: 7 KB, 196x257, 1601067433886.jpg [View same] [iqdb] [saucenao] [google]
22869733

> Sell everything and bet against America

Go on, fucking do it then if you wanna whinge.
Nobody cares about unemployed wage cucks, fuck off.

>> No.22869735

Common misconception, but Taiwan actually does not exist.

>> No.22869737
File: 701 KB, 1800x1200, short squeeze gme.jpg [View same] [iqdb] [saucenao] [google]
22869737

Only GME chads will have this

>> No.22869745

So I just want to confirm

If a stock's ex dividend date is December 31st, and I bought the stock 60 days before December 31st, then it becomes a qualified dividend, and I pay less taxes?

>> No.22869750

>AAAOOOOAAAOOOAAAOOOAAAOOO
There, now you can take a break from /smg/ until January.

>> No.22869761

coco I miss u

>> No.22869764
File: 36 KB, 600x400, 1601045585369.jpg [View same] [iqdb] [saucenao] [google]
22869764

>>22869735
Liberate it

>> No.22869765

What's the rest of /biz/ like? I spend anytime on /biz/ outside of /smg/. I'ts all just crypto retards right?

>> No.22869775

If you don't buy BA this week, you hate money

>> No.22869783
File: 638 KB, 1155x2052, 1599169323995.jpg [View same] [iqdb] [saucenao] [google]
22869783

>>22869750
>January
BUT YOU WILL MISS ALL OF THE EXCITEMENT

>> No.22869793

>>22869765
Wagies getting scammed Ponzi scheme spam.
Retards who think that crypto is a good idea for protecting capital in the long term. (Is, until u get fucking bogged.)

Most people who are in it, are usually sub 5 figures, like 3-10k usually so they can risk everything and don't feel too much pain.

>> No.22869800
File: 6 KB, 207x210, not room for jello.jpg [View same] [iqdb] [saucenao] [google]
22869800

>>22869733
>can't tell if butthurt faggot or just some meme I missed

>> No.22869803
File: 15 KB, 146x204, 00002120.jpg [View same] [iqdb] [saucenao] [google]
22869803

guys me just found out lost like $500 to rollover
this first time happen usually contracts autorollover but these expires ;_;

nuuuuuuuuuuuuuuuuuuuu am devastated

>> No.22869806 [DELETED] 
File: 9 KB, 259x194, download (9).jpg [View same] [iqdb] [saucenao] [google]
22869806

Sold GME $8.50 puts. Will I be assigned?

>> No.22869812
File: 81 KB, 840x506, 1600972268721.jpg [View same] [iqdb] [saucenao] [google]
22869812

>>22869800
HIDE.

>> No.22869815

Who are some good financial YouTubers or videos or anything?
I have an 8hr shift and watching Steven Anderson, Jim Rohn and Tony Robbins too much.

>> No.22869819

>>22869765

Pre-crypto era it was practically a semi-dead board but had a lot of interesting discussions going on. Post-crypto it's this shithole you can see with your own eyes right now, with this general and /pmg/ being the only safe havens left.

>> No.22869838

>>22869765
there's /pmg/ and i think there used to be a penny stock general which honestly did have some good picks if you verified the DD
of all the penny stocks they shilled, there were like two with actual financials and they've both mooned since June
GSI.V and OSS.V

>> No.22869839

What are we thinking GME does tomorrow morning?

>> No.22869841

just pissed out my ass boys and I came to the realization that we are all gonna make it

>> No.22869843
File: 64 KB, 250x249, 1594668900724.png [View same] [iqdb] [saucenao] [google]
22869843

futures starting to fall

>> No.22869850

Set up Robinhood to invest $100 into SPY every day am I gon make it?

>> No.22869855 [DELETED] 
File: 9 KB, 276x182, download (7).jpg [View same] [iqdb] [saucenao] [google]
22869855

GME frens. do you think all of these shorts will actually be required to cover this massive short position if they are just selling amongst "themselves? asking to truly understand

>> No.22869856

Buy Corsair 30 EOY

>> No.22869859
File: 78 KB, 700x734, bobybvll.jpg [View same] [iqdb] [saucenao] [google]
22869859

hi

>> No.22869867

>>22869819
>/biz/ existed before crypto
Look at this revisionist here.

>> No.22869868

>>22869843
They aren't all that important until the final hours before the market open over the weekend. If they are in the green at all, it's a decent sign.

>> No.22869870

>>22869819
I remember there’d be one guy posting a daily thread about how being a restaurant manager meant you were a chad who could bang all the waitresses. It was either cope or a crab bucket mentality

>> No.22869872

>>22869806
$9 puts maybe

Ryan Cohen and whoever his buddies may be are clearly willing to buy GME up to $8.63 at least
also seemed like there was another whale buying up shares on Friday too with the huge volume spikes across the day.

>> No.22869874 [DELETED] 

>>22869850
>$100 into SPY every day?
Yes.

>> No.22869911 [DELETED] 
File: 12 KB, 275x183, ffa.jpg [View same] [iqdb] [saucenao] [google]
22869911

>>22869872
i should actually get in and stop being a pussy.

>> No.22869913

How do I profit from this?
https://old.reddit.com/r/politics/comments/j0zphm/megathread_longconcealed_records_show_president/

>> No.22869916

>>22869803
>autorollover
F
What were betting on that's that reliable anyway?

>> No.22869920

Is Palantir a meme or is it worth investing in?

>> No.22869935

>>22869855
no, people are deluded that a short squeeze will happen because if these are institutional shorts who fucked up, they can just cover slowly over time.
at best they might start covering and retail short sellers trigger a squeeze, but institution themselves will just hold through the squeeze or even short from the top.

actually wait lol, they can probably get out of this breakeven in the end by screwing over retail short sellers. If there's like 15%-30% who can get forcefully liquidated, that's more than enough for a massive squeeze. KODK happened with much much fewer

>> No.22869943

>>22869819
Anon...................
/biz/ was created for crypto containment from /g/. There never was a pre-crypto time.

>> No.22869957

>>22869920
Palntir is basically sophisticated data analytics to catch Chinese spies in the armed forces, big business, and silicon valley

>> No.22869960

>>22869815
What topic do you want?
Macro? Balance sheets? Meme liners?

>> No.22869965

>>22869745
All i know is dividends make money

>> No.22869970

>>22869943
i can't fucking believe i lurked /g/ then and overlooked bitcoin AND AMD entirely
fuck me

i mean fuck i didnt give a shit about money then, i just wanted to build a computer or buy a new laptop/phone and shit

>> No.22869976

>>22869855
There's some theory involving MM being behind most of the shorts and having the ability to unwind over time, not being subject to the 50% borrow APR.
I don't really know but who cares, squeezes don't require impossible overshorting. I'm betting on Cohen anyway.

>> No.22869984
File: 75 KB, 541x521, 1558220459080.jpg [View same] [iqdb] [saucenao] [google]
22869984

>feel guilty about buying an expensive stealth hitch for the car
>futures up enough to cover the cost if the price sticks
thank you market gods

>> No.22869995
File: 47 KB, 471x640, 1594098066986.jpg [View same] [iqdb] [saucenao] [google]
22869995

>>22869859

>> No.22870000

>>22869815
watch kitchen nightmares instead
that's what I did all the time during my dead evening shifts deskjob

>> No.22870007

>>22869920
I was going to wait a few hours and see which way the wind is blowing after the initial rush.

Definitely interested in a long term hold but I might actually go with Cramer for once and consider $10 my absolute maximum.

>> No.22870008

>>22869920
Imo, it's very hard to find a stock that you gain from buying and holding on it's listing day.. I'm sure there will be very good trades to be made in the volatility; but to buy & hold I would wait a few days / weeks for it to bottom out, then go in
It's not a meme
>PLTR 'market cap' $22B revenue $1B = 22
>Splunk market cap $29B revenue 2.36B = 12.28
>MongoDB market cap $14B revenue 421M = 33.25
>Datadog market cap $27B revenue 140M = 192
More importantly, why is Datadog valued at $27B??

>> No.22870020

>>22869765
98% of it is some indian trying to sell you some scam coin and then takes all your money.

>> No.22870025

>>22869960
Umm idk..
I'm new to all of this
I'm going to read more but I'm in debt with health bills and I'm a sex offender

>> No.22870027

>>22869943

Even then I seen more business and finance related shit going on than bitcoin, as misleading the board title is. Hopefully you bought into bitcoin then and eth when it was shilled at the 20-30 range.

>> No.22870028

>>22869995
That cow has cryptosporidium

>> No.22870033

going all in on airlines at open tomorrow. Fuck it. This tweet convinced me.

https://twitter.com/unusual_whales/status/1309578746182025216

>> No.22870044

>>22869995
Based cowposter

>> No.22870045

>>22869913
Nobody cares.
https://www.cnbc.com/2016/09/26/trump-brags-about-not-paying-taxes-that-makes-me-smart.html

>> No.22870048

>>22869913
Not to take away from that but pretty sure most the multimillionaires and billionaires know the same tactics to void taxes.

>> No.22870052

>>22869765
I mostly ignore the majority of it as they're shilling random crypto's that are likely pnd. Only 5 crypto's I'd consider throwing money at. There's also pmg but they seem delusional about gold and silver, especially silver. Probably the same people who reeeee at anyone selling their silver even when it's sold at a profit lol.

>> No.22870069
File: 466 KB, 832x998, bull-trap.png [View same] [iqdb] [saucenao] [google]
22870069

>Futures

>> No.22870072

>>22870033
you really decided to do it against all advice?

i'll remember you

>> No.22870075

>>22869839
If futures go up/hold at this level, line go up.

>> No.22870077

>>22869935
Retail short squeeze means MM can "average down" by shorting the top, that's what you mean right?

>> No.22870097

>>22869697
PLUG about to blow up tommorow. Don’t ignore this. I am sure of it

>> No.22870099

>>22870045
He's not wrong. Taxes are for faggots.

>> No.22870107

>>22870045
Taxation is theft

>> No.22870112 [DELETED] 
File: 630 KB, 1272x716, EZ_munny.png [View same] [iqdb] [saucenao] [google]
22870112

>>22869935
right, this shit seems too easy.

>> No.22870113
File: 182 KB, 499x475, fuck shorters.jpg [View same] [iqdb] [saucenao] [google]
22870113

>>22869855
The truth is, the GME was rigged from the start

>> No.22870126

>>22870097
Lemme see all the buy calls you bought, oh wait you're likely try to get a pump so you sump ur bags that were likely bought at the peak.

>> No.22870137 [DELETED] 
File: 9 KB, 300x168, download (10).jpg [View same] [iqdb] [saucenao] [google]
22870137

>>22869965

>> No.22870156

>>22870077
yeah, they might even come out of it with a profit if we've underestimated the extent of retail short sellers in GME right now
KODK happened with 6% short interest

>> No.22870170

>GMEfags just now realizing how overleveraged short positions are possible
Reminder that silver futures contracts are overleveraged 500:1. For every 1 lot of physical silver, 500 people claim ownership of it.

>> No.22870173

>>22870027
I already had eth when it was less than $1 apiece.
Then the (((exchanges))) stole everything.

>> No.22870178
File: 301 KB, 600x536, 1600854856545.png [View same] [iqdb] [saucenao] [google]
22870178

>>22870077
>MM
Imagine not knowing what a market maker is.
Imagine thinking that they are the shorts.
I hate all of you.

>> No.22870185
File: 86 KB, 1102x756, arbitrage.png [View same] [iqdb] [saucenao] [google]
22870185

>>22869855
>>22869935
100% of shorts won't cover, that doesn't mean that a big squeeze won't happen, or that big institutional players can't fuck up
https://en.wikipedia.org/wiki/Long-Term_Capital_Management

remember this has been a summer of squeezes: TSLA, OSTK, HTZ, KODK

>> No.22870193
File: 145 KB, 797x865, 1601055951514.png [View same] [iqdb] [saucenao] [google]
22870193

>>22870113
Always has been.

>> No.22870200
File: 218 KB, 300x366, Trump-All-Smiles.png [View same] [iqdb] [saucenao] [google]
22870200

>>22870045

Everybody wants to be like President Trump.

>> No.22870201

>>22870052

>There's also pmg but they seem delusional about gold and silver, especially silver

Lower barrier to entry to gold, and from my experience there they're mostly hobbyists collecting/hoarding PMs. Kind of backed out of there since I play around with the gold/silver ratio and do spec plays on certain coins.

>> No.22870204
File: 45 KB, 720x720, 1584148440542.jpg [View same] [iqdb] [saucenao] [google]
22870204

~~futures~~

>> No.22870207 [DELETED] 

I’ve had sex with multiple men in my life, pitching never receiving. Now does that make me gay? No, it makes me a dominant chad. When you overwhelm another man sexually and totally conquer his ass you pretty own him. Think of it as marking your territory but taken to an extreme level. Even the spartan warriors engaged in unprotected gay sex in an attempt to strengthen their bond with each other. Gay sex is white identity.

>> No.22870212

What kind of hedge can I get into before the election to capitalize on HUGE GAINS should Trump lose and get dragged out of the White House in chains?

>> No.22870214 [DELETED] 
File: 22 KB, 340x312, 1591663452194.jpg [View same] [iqdb] [saucenao] [google]
22870214

>>22869976
to be honest i haven't studied GME much besides this short squeeze business. are they actually a good investment?

>> No.22870220

>>22870112
that's why you trim your position as it goes up. I plan to sell ~25% if I get to $20 so at least I make sure I won't come out of the GME play with a loss
maybe less than ~25% since it's not like the potential downside is rarely ever 100% anyways.

>> No.22870223

>>22869697
What did they do to /our girl/ kiryu?

>> No.22870237

What markets do you think will rise?

>> No.22870250 [DELETED] 
File: 7 KB, 300x168, download (6).jpg [View same] [iqdb] [saucenao] [google]
22870250

>>22870033
you've taken your last vacation, anon

>> No.22870256

WKHS calls tomorrow?

>> No.22870260

>>22870214
they were very undervalued at $4-$5
they're still probably a little undervalued at $10

Ryan Cohen was willing to buy 100,000 shares at $8.40

>> No.22870263

>>22870214
Absolutely not, but I’m gonna kill myself at 27 if I’m not a millionaire anyways so it’s worth the gamble

>> No.22870267

>>22870214
>a good investment
Not really. It has potential with the right management though.

>> No.22870276

>>22870220
*since it's not like the potential downside is ever really 100% anyways.

you know what i mean, like selling 50% of your shares at +100% gains to cover your principal cost entirely, but not that extreme

>> No.22870285

>>22870212
KODK puts

>> No.22870302

>>22870214
Cohen is a good investment
GME itself is more like a value trap (but at least that also means it's a value pick)

>> No.22870323 [DELETED] 

I’ve been proactively trying to catch the bug for months, especially during COVID. Receiving a life threatening sickness is so hot and exciting. Can you imagine in engaging in unprotected homosexual coitus with an unsuspecting partner and revealing that you’ve potentially changed his life forever?

>> No.22870345
File: 457 KB, 1325x1209, 1601053149288.png [View same] [iqdb] [saucenao] [google]
22870345

> ?NG slamming into a ceiling repeatedly
glad im in GME

>> No.22870346
File: 69 KB, 220x220, 1560893826108.gif [View same] [iqdb] [saucenao] [google]
22870346

>>22870323

>> No.22870357 [DELETED] 
File: 7 KB, 194x259, download (11).jpg [View same] [iqdb] [saucenao] [google]
22870357

>>22870185

>> No.22870376 [DELETED] 
File: 6 KB, 225x225, download (5).png [View same] [iqdb] [saucenao] [google]
22870376

i'll just continue to sell puts on GME and if they hit, they hit. use my premi money to buy SPY

>> No.22870389

>>22869697
When does premarket action start? I wanna see my shit moon

>> No.22870399

>>22870185
If I learned on thing on seekingalpha then that lotsofquestions is a faggot.

>> No.22870403
File: 328 KB, 1017x1000, 1543194554442.png [View same] [iqdb] [saucenao] [google]
22870403

>>22870214
Long term? No.
Short term? Yes.

Historically they've pumped every time a new console releases.
Their Q4 earnings report is in March and that also tends to pump the stock a bit and keep the momentum going for a month or two longer.
Afterwards the stock price beings to go down at a slower pace.

So basically, if you buy some shares at $10 now you have until January to sell for profit and March in case you missed January's peak.

>> No.22870407 [DELETED] 
File: 9 KB, 225x225, download (12).jpg [View same] [iqdb] [saucenao] [google]
22870407

>>22870323

>> No.22870409

>>22870126
I’m in at 11.56 that’s hardly the peak.

>> No.22870432

>>22870403
>sell for profit and March in case you missed January's peak.
That's bullshit.

>> No.22870455
File: 630 KB, 797x865, 1601055718904.png [View same] [iqdb] [saucenao] [google]
22870455

where the fuck is this cat from anyways

>> No.22870471

I hope you guys bought $UONEK on Friday. Expecting a $3-4 open tomorrow, but have a set PT of $9-10 Tuesday before it dumps.

>> No.22870476
File: 80 KB, 612x687, 1600177651709.jpg [View same] [iqdb] [saucenao] [google]
22870476

>>22870455
No clue but I've learned to live it

>> No.22870482

Is owning a trailer home ownership if you have to pay for the land it's on?

>> No.22870483
File: 38 KB, 720x575, 1563909395311.jpg [View same] [iqdb] [saucenao] [google]
22870483

futures gonna turn red

>> No.22870500

>>22870476
nothing from reverse image search anywhere but /biz/
is it some anon's cat

>> No.22870506

>>22870483

SHOULD I BUY TOMORROW THEN?

>> No.22870508

>>22870482
No but yes

>> No.22870514
File: 411 KB, 1242x1237, F8D1FFDA-9A77-4747-838B-0BACFA70B8EB.jpg [View same] [iqdb] [saucenao] [google]
22870514

SHLL to 70 tomorrow
>I’ve been telling everyone to buy after it dumped after the first pump
>people ignored me and called me a fag
>I’m based

>> No.22870527
File: 226 KB, 959x540, 1601053597006.jpg [View same] [iqdb] [saucenao] [google]
22870527

>>22870500
>is it some anon's cat

>> No.22870536

>>22870455
That’s the I’m gonna coom cat newfag

>> No.22870549

>>22870389
Already has

>> No.22870552

>>22870399
yes he is
but Jonathan Prather and Justin Dopierala are the hedge fund boys who found this play for us, so I generally listen to what they have to say

>> No.22870575
File: 558 KB, 1170x650, GME.jpg [View same] [iqdb] [saucenao] [google]
22870575

>>22870113
>>22870193

>> No.22870582

>>22870403
Based animeposter with good taste and good sense, idk about gme at these price levels. If I was hellbent in buying I'd hop in around $3.50 again and average down if it ever happens, otherwise I don't think it's a great idea.

>> No.22870602 [DELETED] 

>>22870482
fuck trailers

>> No.22870611

>>22870185
https://en.wikipedia.org/wiki/List_of_trading_losses

>> No.22870622 [DELETED] 
File: 13 KB, 193x155, EZ_munny.jpg [View same] [iqdb] [saucenao] [google]
22870622

i sell premi

>> No.22870625

>>22870214
>are they actually a good investment?
No. The entire thesis is they will do okay this fall and that will mean the very large amount of short positions on the thing may be squeezed causing short term parabolic jolt up.

This is not the first time I have seen a story like this. It does not always work out the way longs betting on that squeeze hope.

>> No.22870645

>>22869850
fuck i wish i was still living with my parents.

>> No.22870651

>>22870389
Premarket opens at 4am EST.

>> No.22870653

>>22869733
I'm 70% gold and silver miners, 20% global funds, industrial miners, and equities that pay a fat divvy, and 10% in inflation indexed bonds and defensive stocks.

>> No.22870660
File: 47 KB, 500x566, nogfburger.jpg [View same] [iqdb] [saucenao] [google]
22870660

>>22870622
me2
i eat evry night

>> No.22870675

>>22870514
Fuck it anon imma trust you and put $400 on it.

>> No.22870687

lel
https://en.wikipedia.org/wiki/Oil_futures_drunk-trading_incident

>> No.22870694
File: 22 KB, 708x823, coomcat.png [View same] [iqdb] [saucenao] [google]
22870694

>>22870645
it is pretty based

>> No.22870702
File: 803 KB, 112x112, 1601047590051.gif [View same] [iqdb] [saucenao] [google]
22870702

>>22870575
kekk

>> No.22870706

>>22869733
>Sell everything and bet against America
But I do with my TQQQ
FUCK AMERICA
PRAISE MEGACAP TECH

>> No.22870712
File: 313 KB, 1344x831, 1537874236582.jpg [View same] [iqdb] [saucenao] [google]
22870712

https://www.youtube.com/watch?v=P-nTe5KkC_I

Where do I go ALLIN tomorrow?

>> No.22870730
File: 664 KB, 1242x1025, 1FE7DD5F-A799-4BE9-A6F2-CFFDCD938603.jpg [View same] [iqdb] [saucenao] [google]
22870730

>>22870675
Welcome to the moon mission

>> No.22870732 [DELETED] 
File: 9 KB, 275x183, download (13).jpg [View same] [iqdb] [saucenao] [google]
22870732

>>22870660
what's your favorite theta strategies? i like to sell retardedly OTM credit spreads then buy SPY partial shares in Robinhood with my p-nut gainz.

>> No.22870742
File: 562 KB, 1800x1400, 1599084769435.png [View same] [iqdb] [saucenao] [google]
22870742

>>22870687
Awesome.

>> No.22870743

>>22870185
and Jonathan is a big enough whale to be owning 1% of GME right now, not sure how much Justin or the other dude owns

>> No.22870751
File: 119 KB, 1024x775, 1601019024099.jpg [View same] [iqdb] [saucenao] [google]
22870751

>>22869697
>Taiwan exists
Correct. The Republican of China, however, does not.

>> No.22870754

>>22870712
I’ve seen SHLL being shll’d so I guess that. But make sure to put into NAK whenever possible

>> No.22870774

>>22869815
dumb money live

>> No.22870796
File: 5 KB, 358x40, 1587628253849.png [View same] [iqdb] [saucenao] [google]
22870796

>>22870611

>> No.22870798

>>22870732
credit spreads mostly, usually write at 30 delta and chill. Every now and then I'll buy a calendar spread for ER or diagonal spread (esp. poor man's covered call) if volatility is low.

>> No.22870808

>>22870137
Not if you go mortgage reits, those things can net you 12% a year

>> No.22870823

what do you guys think about Trump paying $750 in taxes for the last two decades kek

>> No.22870826

AAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.22870840

>>22870826
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.22870842

>>22869697
Rank these

>msft
<amzn
>aapl

Should I buy now or wait?

>> No.22870844 [DELETED] 

I haven’t had fast food in 3 years and got kfc tonight and I just fucking sharted

>> No.22870851 [DELETED] 

>>22870798
i do like the ol' poor man's covered call

>> No.22870854

>>22870687
>"Mr. Perkins poses an extreme risk to the market when drunk"
Based

>> No.22870868
File: 221 KB, 520x500, 1581377815608.jpg [View same] [iqdb] [saucenao] [google]
22870868

>Trump taxes released

>> No.22870870

>>22870687
>Perkins's trading left PVM Oil Futures holding "substantial volumes" of futures, which cost the company $9,763,252 to honour; at the time, PVM's annual income was only $12 million. That year PVM saw a loss of $7.6 million.
Holy fuuuuuuuuuuuuuuuuuuuuuuuark

>> No.22870875

>>22870844

Sounds about right.

>> No.22870881

>>22870842
Can't go wrong with any if you are long

>> No.22870909

>>22870842
if you just want to buy into a giant without understanding them at all (you wouldn't be asking if you did), then just buy QQQ

>> No.22870914 [DELETED] 

>>22870844
yeah i gave it up and then had taco bell recently. worst heartburn in my life.

what did you get at KFC?

>> No.22870939

>>22870914
>worst heartburn in my life.
kek are you sure it wasn't a fuckin heart attack

>> No.22870942

>>22870514
scooped 100 shares at close on friday. lets ride

>> No.22870954

Can someone post the original of the guy fueling up his car in a suit and smoking

>> No.22870961

>>22869850
How the fuck are you making >$300,000 a year

>> No.22870979

Thoughts on Unity at this price? missed out on the 50% pump since IPO

>> No.22870981
File: 767 KB, 480x270, OrdinaryVagueInganue-small.gif [View same] [iqdb] [saucenao] [google]
22870981

CLF TO 20

https://www.reuters.com/article/us-cleveland-cliffs-arcelormittal-exclus/exclusive-arcelormittal-in-talks-to-merge-u-s-assets-with-cleveland-cliffs-sources-idUSKBN26I0ZU

>> No.22870997
File: 106 KB, 769x1024, skimmilk_nword.jpg [View same] [iqdb] [saucenao] [google]
22870997

>>22870954

>> No.22871003 [DELETED] 

>>22870939
probably

>> No.22871006

>>22870961
Wut? That's only around 26k a year at the current price

>> No.22871011

>>22870961
What did anon mean by this

>> No.22871025

>>22870842
Amazon is the best of the three.

>> No.22871026

>>22870981
>CLF
No fucking way.
If they spammer with the CLF bags makes it there's hope for all of us.

>> No.22871028
File: 1.77 MB, 3024x4032, mystack.jpg [View same] [iqdb] [saucenao] [google]
22871028

>>22870961
I hoard lumber.

>> No.22871031

>>22870842
Just buy NAK retard

>> No.22871041

>>22870914
Original chicken, potatoes and gravy, and slaw

>> No.22871047

>>22871028
Let me cop that OSB. That stuff is $24 at my local HD now.

>> No.22871071

>>22871028
i get hoarding solid wood and maybe even nice exotic wood, but particle board???

>> No.22871094

>>22871071
It's OSB, used in housing construction.
>>22871047
$22 each

>> No.22871142 [DELETED] 
File: 11 KB, 273x184, images (6).jpg [View same] [iqdb] [saucenao] [google]
22871142

>>22871041
short YUM?

>> No.22871157

>>22869916
it were NQ futures
they would be up like 1k dollas right now ;_;

>> No.22871168

Soooov let’s say I have some not legal income and I invest it in stocks? How does that work out with Jew taxes?

>> No.22871175

>no one discussing the president's taxes being disclosed and the repercussions it might have on the market

holy shit none of you are going to make it

>> No.22871187
File: 121 KB, 1920x1080, Banner-BabaIsYou-Art.jpg [View same] [iqdb] [saucenao] [google]
22871187

No really, has the market historically dropped significantly just because of a presidential election? Did it drop enough to justify waiting and potentially missing out on 3 months of growth?

>> No.22871212

>>22870622
Why yes I theta, thank you for asking

>> No.22871215

>>22871175
Then start discussing it. I feel like it is irrelevant but what do I know

>> No.22871240
File: 686 KB, 480x480, 1583286642393.gif [View same] [iqdb] [saucenao] [google]
22871240

>>22871175
We learned that the U.S. tax code is fucked and needs to be restructured boo hoo nigga

>> No.22871243
File: 17 KB, 617x257, WHALEalert.png [View same] [iqdb] [saucenao] [google]
22871243

>>22870743
Justin's hedgefund DOMO owns over 500,000 shares of GME, all which they refuse to lend out to short sellers (thats >5%)

>> No.22871254

>>22871187
Just well before the election or buy puts

>> No.22871260

BUY CLIS JESUS CHRIST

>> No.22871263

>>22871175

Don't really give a shit since the wealthy and affluent all have good accountants and tax strategies to pay the minimum possible, especially in my former line of work. How this shit is new to anyone's guess.

>> No.22871270

>>22871243
that's 0.7%

>> No.22871279
File: 56 KB, 720x480, Captain-America.jpg [View same] [iqdb] [saucenao] [google]
22871279

>>22871175

Everybody wants to be like President Trump.

>> No.22871280

>>22871175
>Rich guy pay little tax which everyone already knows
Oh no, this is it. The market will die and Trump will lose

>> No.22871296
File: 50 KB, 727x407, 1597252015949.jpg [View same] [iqdb] [saucenao] [google]
22871296

>>22871175
I read that that the original source is the New York Times. They "got their hands on" trumps tax returns. I basically dont trust anything they or any other mainstream news source say. Sorry bucko

>> No.22871328

>>22871175
just donate shit not that hard

>> No.22871333

SPY is going back down to 320 tomorrow, right?

>> No.22871335 [DELETED] 
File: 4 KB, 173x48, EZ_munny.gif [View same] [iqdb] [saucenao] [google]
22871335

>>22871212
favorite stonks to get your theta on?

>> No.22871340

>I paid more in taxes over 10 years than Trump
Ask a LYNCHPIN of the American economy anything

>> No.22871345

>>22871270
you're right, I fucked up a decimal place

>> No.22871351

>>22871263
Because the tax strategies that are used by the ultra wealthy aren't talked about. It should but we know why it doesn't go anywhere.

>> No.22871376

>>22871175
Does anyone with over a billion dollars pay taxes? I assume they just give enough money to (((charity))) to write off all their taxes and then get the money back in the form of charity-sponsored gifts and events

>> No.22871387

>>22871175
>futures open
>no repercussions
yeah we're the dumb ones

>> No.22871391 [DELETED] 

>>22871351
why do they call us dumb goyim? it hurts our feelings

>> No.22871401

>>22871376
*Charity organization owned by the billionaires shell company located on some random island

>> No.22871415

>>22871335
VIX by far

>> No.22871421

>>22871351

Not to mention there's strategies that the typical layman won't be able to utilize or organize without the capital required or coordination involved.

>> No.22871423

>>22871175
tax evasion is based no matter who you are

>> No.22871446

>>22871423
This.

>> No.22871448

>>22870622
>>22871335
i don't do options, someone explain 'theta gang' to me, i assume it means 'i shall sit here and watch as my option expires gracelessly due to theta decay whilst claiming to be part of a community of autists expiring gracelessly due to theta decay"

>> No.22871461

>>22871401
That's better than an actual charity.

>> No.22871464

>>22871421
This, it's all insane shit us plebs can't do. IIRC Steve Jobs got paid in Apple options and technically only had a salary of $1 a year.

>> No.22871466

>>22871175
Dude, THE CAUCASUS ENTERED A HOT WAR AND NOBODY'S SAYING SHIT.

>> No.22871476

Reminder: Enjoy the shredded chicken melt and the mexican pizza at your tacobell now while you can before they get pulled in Nov. The shredded chicken melt only costs a buck..Fuckers better leave my Five Layer and Bean burrito alone.. Fucking hell, every time I like something it gets taken off..

>> No.22871484

>>22871466
/k/ is talking about it but how much does a war in that part of the world matter on a global economic scale? Now if it ramps up and starts sucking in other countries maybe, but the modern system of alliances is full of circuit breakers to prevent WWIII.

>> No.22871485

>>22871466
>subhumans killing subhumans
uhhhhh based?

>> No.22871498

>>22871448
theta gang means you sell covered options (covered call or cash-covered put) to degenerate YOLO gamblers and pocket the premium when the market is in CRAB-17.

More advanced theta strategies involve stuff like the Iron Condor.

Simply put you're making money off being (safely) short theta - hence theta gang

>> No.22871509

>>22871448
There's also vega decay. Look at TSLA before and after any event like earnings or battery day.

>> No.22871514

>>22871484
It has already ramped up enough that india is backing one side and I think pakistan? is backing the other.
DFEN has risen in the past week I think, which might have been because of that (insiders?). It could print hard this week too.
>>22871485
Very based. Now if only israel and the US could get in on it and kill each other as well.

>> No.22871517

>>22871498
>Iron Condor
sounds dangerous

>> No.22871532

>>22871466
>armenia vs azerbajian
Uh cool I guess?

>> No.22871544

>>22871260
>Over 82 million shares outstanding

Yikes.

>> No.22871545
File: 10 KB, 200x200, 1496808081075.jpg [View same] [iqdb] [saucenao] [google]
22871545

>>22871464
>jobs got paid in AAPL options

>> No.22871547

I've literally never heard of azerbaijan ever. Sounds like some Mandela effect shit. Are we sure that's like, a real country? A real country that has actually existed?

>> No.22871560

>>22871514
Spoke too soon, the armenians are being butthurt because the azerbaijani are being provided military hardware by israel.

>> No.22871576

What illness should I fake tomorrow when I call out of work?

>> No.22871578

>>22871464

Yeah that works, $1/yr so you aren't "working for free" on paper, with performance incentives and stock options to accommodate for the traditional salary payments. It's not uncommon for c-suite execs and managerial/directorate level employees to do this in good companies.

>> No.22871586

>>22871560
lol welp looks like there'll be a second armenian genocide. Anyone that goes against Israel is gonna get Samson Optioned.

>> No.22871591

>>22871260
What happened on 9/2? Coordinated bot pump? Got a bot channel to confirm the action?

>> No.22871595

>>22871532
how the fuck does war even happen nowadays with internet
like do armenian civilians shitpost and flame azerbajian online? like what happens if they're playing a game together and voice chat, do they friendly fire each other

or is that place as backwards as africa with no communication

>> No.22871605

>>22871576
COVID

>> No.22871611
File: 176 KB, 1029x652, Armenia_Screenshot.jpg [View same] [iqdb] [saucenao] [google]
22871611

>>22871547
it's a real country but i only know this because i played vic2

>> No.22871620 [DELETED] 

>>22871415
sell calls on rips?

>> No.22871627

The only notable thing ever to come from Armenia is System of a Down

>> No.22871629

>>22871547
>Not knowing it from being at the top of every "Select Country" list

>> No.22871640

>>22871605
I wish but my job has a Covid policy where you get out of work for two weeks paid and it doesn’t use my sick or vacation days but I would need to test positive I think

>> No.22871645

>>22871627
they also had really good genocide

>> No.22871647

>>22871629
Az is lower than Ar, anon.

>> No.22871654

>>22871595
We live in a beautiful era where nation-state's defence departments shittalk each other on social media, and the President of the most powerful country regularly just says whatever random shit floats in his head on Twitter. WWIII is gonna involve a lot of shitposting and livestreaming and it's gonna be absolutely kino.

>> No.22871657 [DELETED] 

>>22871448
you can also use credit spreads which allow you to leverage your money more without actually owning the shares or having the money to sell a cash covered put.

>> No.22871693

>>22871657
They're a lot riskier than covered put and have much worse RR though.

>> No.22871699
File: 554 KB, 967x954, 1561742529308.png [View same] [iqdb] [saucenao] [google]
22871699

>FUTURES

>> No.22871701 [DELETED] 

>>22871517
nah you're basically just betting a stock trades within a certain range

>> No.22871703

>>22871620
you can i did spreads on rips. you can also do calendars for free money

>> No.22871728

>>22871657
This but also when you're blown the fuck out with spreads you lose all your colleteral forever; when you're blown the fuck out with covered options you're just left holding bags in the form of shares or cash.

>> No.22871730 [DELETED] 

>>22871693
when you're a poorfag like me its the only way you can make some real scratch

>> No.22871731

CBAT fren are you around???

>> No.22871743
File: 1.78 MB, 480x270, 1599391721325.gif [View same] [iqdb] [saucenao] [google]
22871743

>>22871699
FUTURES NEED CRASH SO ME CAN GET BACK INTO PRE-ROLLOVER CATASTROPHY PRICE AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.22871756

>>22871730
In that case I'm more of a fan of waiting for the uptrend to engage and buy 10% otm 3+ month out calls.
But you're right, credit spreads are far more efficient in terms of capital lock-out.

>> No.22871757

Reposting. Keep an eye on best buy. They are about to have some bad news. They ran a sale over the summer on appliances, none were actually in stock and all were backordered til november-december. Starting last week they began renegging on the sales price, cancelled orders by placing an additional hold on customers credit cards so that it would likely come back as insufficient balance and then when the customers called to remedy the situation they got told "well you can't have the original sales price but you can have 10% off". Expect word of lawsuits to start leaking in a couple of weeks.

>> No.22871765
File: 463 KB, 832x998, bull-trap.png [View same] [iqdb] [saucenao] [google]
22871765

>>22871699

>> No.22871767

Hoping NEE dumps so I can unload a few grand tommorow.

>> No.22871770

>>22871703
>free money
oo sounds nice

>> No.22871777

>>22871466
This is not material to the markets. Or not yet anyway. Defense sector might make a move upwards as investors enter in case of escalation and US or US ally involvement in future but that's about it.

>> No.22871778
File: 35 KB, 300x300, 1331520349270.gif [View same] [iqdb] [saucenao] [google]
22871778

If my entire portfolio is around $4000, what should I put it all into if I want to make the most gains in the shortest amount of time? Should I try to ride FNGU and/or TQQQ? Should I put it all into some dumb shit like CHWY or PTON that's bound to jump up? I know people recommend buying 100+ shares of something and doing covered calls but I don't know what's around $40/share and worth playing that game with.

>> No.22871781

>>22871757
TIL best buy still exists

>> No.22871792

>>22870687
The ultimate chad

>> No.22871796

>>22871757
That doesn't sound any useful. That kind of shit happens to everyone all the time and rarely affects the price at all. In general, it's far easier to play upsides than downsides as well, because only puts let you keep limited downside, but they're time-limited and very volatile vs the underlying.

>> No.22871798
File: 81 KB, 280x280, 1582470944345.png [View same] [iqdb] [saucenao] [google]
22871798

>>22871778
HIBB

>> No.22871800 [DELETED] 
File: 2 KB, 160x70, 159970069558715.png [View same] [iqdb] [saucenao] [google]
22871800

>>22871703
>free money
explain

>> No.22871805

>>22871778
GME

>> No.22871807

>>22871781
And they are trading a lot higher than I would have expected. I'm surprised they aren't in circuit city territory yet, but that might be the case soon.

>> No.22871808

>>22871778
Hold it and wait for an extremely red day then dump it into TQQQ

>> No.22871811
File: 1.40 MB, 3024x3192, mycat.jpg [View same] [iqdb] [saucenao] [google]
22871811

My cat is on my roof lol

>>22871770
calendars aren't guaranteed, but IV crush is a good play 9 times outta 10.
>>22871777
checked. Too bad nobody cares about Armenians.

>> No.22871817

>>22871811
>Too bad nobody cares about Armenians.
Oh people care. Money doesn't.

>> No.22871818
File: 435 KB, 601x340, Pink Wojak Joe Rogan.png [View same] [iqdb] [saucenao] [google]
22871818

Whats happening to Joe Rogan?

>> No.22871828

>>22871778

Can gamble on long options for something that might moonshot. According to /smg/ it seems like GME might be the way to go.

>> No.22871830

>>22871699
Are they actually red?

I want a fucking CRASH I've got 12,000 dollars coming in soon

>> No.22871831

>>22871811
Sleep tight roofer

>> No.22871836
File: 1011 KB, 500x281, hmmmmmm.gif [View same] [iqdb] [saucenao] [google]
22871836

>>22871731
I am looking forward to hearing from this blessing of a gentleman again.

>> No.22871838

>>22871798
Why?

>>22871805
No thanks but I love watching the GME drama play out

>>22871808
I was thinking about this but I got burned hard on the last few red days thinking it was the bottom. Bought leveraged stuff and it didn't exactly work out. Are we back in the uptrend though??

>> No.22871844

>>22871778
GME 1/2021 15 C

>> No.22871846

>>22871778
Just buy and hold TQQQ for 30 years. If history continues as it has you'll be a multi-millionaire by the time you retire.

>> No.22871847

>>22871796
Yea, that's why I said keep and eye on it rather than "guys throw a hail Mary right now". This has the potential to hurt them because it implies they have no solid plan for their supply chain.

>> No.22871851

>>22871830
Heading back down but still green (/NQ is 0.11% up).

>> No.22871854

>>22871838
I'm around 99% sure it's a troll but it's being meme'd on the discord

>> No.22871856 [DELETED] 

>>22871728
i try and minimize the risk of getting BTFO by selling retardedly OTM spreads for p-nut gainz and closing the spread if i've collected a good percentage of the premi

>> No.22871857

>>22871838
I have no idea. I’ve been really lucky with TQQQ. Made 7% twice last week

>> No.22871860

>>22870981
Wait a second, its merging with clf not the other way around. From what i recall the company getting merged into doesnt get the largest pump, its the company that is being absorbed due to buy out (aka not CLF). Nonetheless price might pump. Not really upset desu clf shill lied about something regarding clf so it doesnt really sting that i missed out on it cause barring this surprise news i wouldnt have touched it (nor touching it right now)

>> No.22871861
File: 218 KB, 720x1280, Screenshot_20200910-001859.png [View same] [iqdb] [saucenao] [google]
22871861

How much GME does this guy own?

>> No.22871865

>>22871811
bro how is it still that bright out where you live

>> No.22871874
File: 2.93 MB, 1200x982, 1572273837198.png [View same] [iqdb] [saucenao] [google]
22871874

when does theta gang stop winning?

>> No.22871875

>>22871778
QQQ friday options. friday at open buy as many $.01c options as you can, 50/50 calls and puts, and sell after it inevitably swings

>> No.22871880

>>22870979
I passed on them. Look at their profits. If you're really interested i recommend waiting until after the first earnings date. Wouldnt be surprised if they tanked hard.

>> No.22871888

>>22871807
why wouldn't they be doing fine, electronics are in more demand than ever

>> No.22871906

>>22871657
>leverage your money more without actually owning the shares
sounds like a good way to get bogged

>> No.22871907

>>22871026
Anon, if there was no merger odds are the stock wouldnt have pumped to $10. Nonethless there's still the chance it wont pump after the merger annoucement since this means CLF has to pay the other company to buy it out.

>> No.22871913

>>22871811
>calendars aren't guaranteed
sometimes they are, at least on VIX. youll only be getting 4-10% though

>> No.22871921 [DELETED] 
File: 12 KB, 227x141, 1_crV55ggggggggggggggggggg3H3sFPvsMkvDMPMb6NQ.png [View same] [iqdb] [saucenao] [google]
22871921

>>22871846
how long can we keep playing financial musical chairs? like, for realsies guys.

>> No.22871924
File: 3.84 MB, 353x201, crab.gif [View same] [iqdb] [saucenao] [google]
22871924

>>22871874
never
>>22871861
He owns GME. Not the stock. The whole company.

>> No.22871927

>>22871175
That isnt a big deal. Sounds like you just want to rant about Trump desu.

>> No.22871928

>>22871846
>>22871857
I had great luck with FNGU and TQQQ about 6 weeks ago but the downturn destroyed my gains. I guess holding indefinitely is the way to go though, assuming there isn't some other black swan crash. Any other stocks or ETFs though? Or do we think tech is just going to lead the market for the next century?

>> No.22871932

>>22870743
>>22870552
>>22870399

Just snooped Prather’s linkedin. Dude looks like he’s in his 20s. I don’t think he owns 1% of GME

>> No.22871942

Anyone hold RPM? I'm trying to find the next great chemical company

>> No.22871943

>>22871846
Would you have drawn down to 0 if you had bought and held TQQQ since its inception? I guess this can be backtested but please spoon the feedful sir

>> No.22871947

>>22871778
ABEV $2.50 exp 4/16/21 call volume was fucking insane on Friday and they were only around .20 each. I grabbed a few just in case.

>> No.22871948

>>22871509
>vega decay
How fast does vega decay take to completely obilerate an options extra premium? I remember the premium being high as heck. No where near as high anymore.

>> No.22871956 [DELETED] 
File: 5 KB, 374x142, 160105546p8310.gif [View same] [iqdb] [saucenao] [google]
22871956

>>22871874

>> No.22871957
File: 32 KB, 1100x672, Screenshot (64).png [View same] [iqdb] [saucenao] [google]
22871957

>>22871800
certain dates and prices on vix calendar spreads yield more premium than your max risk per the TOS risk profile analyser thing. ive got 50 on it

>> No.22871970

>>22871778
Apple and amazon you absolute retard

>> No.22871976

>>22871730
You're better off buying debit spreads. Risk reward ratio is better.

>> No.22871977 [DELETED] 
File: 9 KB, 225x225, download (14).jpg [View same] [iqdb] [saucenao] [google]
22871977

>>22871875
this is so fucking stupid it might actually work.

>> No.22871988

Tempted to get the fuck out and take the loss on GUSH and JE.
These were some dumb fucking holds.

>> No.22871989

>>22871875
What do you mean by $.01c for the strike price?

>> No.22872006

>>22871976
You have to be really careful with position sizing your debit spreads. Yea, you could hit a 2 bagger more easily than any penny stock shilled here, but one mistake and your whole portfolio is JUST.

>> No.22872013

>>22871970
Seriously though? I mean I know they're going to stay household names but they seem to be somewhat topped out for now. I guess they can always just go up for years and years but I'd love to start taking profit and reinvesting it sooner than that

>> No.22872014 [DELETED] 
File: 15 KB, 300x168, download (1).jpg [View same] [iqdb] [saucenao] [google]
22872014

>>22871976
but then the underlying HAS to move in your direction to make money. with a far enough OTM credit spread, even a significant move won't hurt you

>> No.22872020

CERU my niggas

>> No.22872021

>>22871932
Based on his Seeking Alpha article the most likely guess is that Prather owns $15K in Jan 15c and some additional amount in Jan 20c

his record on tipranks is ok~ish
Domo's record is really good though, especially for value plays. His UNFI call was solid

>> No.22872023

>>22871906
>get bogged with options trying to +10%
aw man i lost a thousand bucks
>get bogged with stock trying for 10%
fuck now im bagholding 10x the principle in shares that i still have to sell and drive the price down even more for the bogs

>> No.22872027

>>22869870
That’s not even fucking remotely true

t. Restaurant manager

>> No.22872028

>>22871988
>JE
>just energy
>just
Lol why did you hold it!? Wasnt it one of the chinese pump and dumps bots orchestrated

>> No.22872042

>>22871989
option price

>> No.22872044

>>22871913
>>22871957
what etf do you trade calendars on that track vix?

>> No.22872060

Stocks better crash I was feeling real bad sitting on cash watching everything go green friday

>> No.22872071

ahhhh ALREADY MADE THREAD !!!

>>22869722

>>22869722

>>22869722

>>22869722

WOOOO

>> No.22872075

>>22872023
>get bogged with an option contract for 100 shares you don't own
isn't that literally what happened to the GUH redditor though?

>> No.22872084

>>22871547
>i'm not ignorant its a mass globe spanning conspiracy
go back to pol

>> No.22872091 [DELETED] 
File: 543 KB, 640x671, 1598017014535.png [View same] [iqdb] [saucenao] [google]
22872091

>>22871989
he means the options premium, you'd pick a ridiculous otm strike price and hope you snag the option for a buck. i have $10 i'm going to throw at this absurd strategy on Friday

>> No.22872117 [DELETED] 

>>22871957
is that Schwab Street Smart Edge?

>> No.22872118

>>22872021
The last SA article shows 2,500 $15 Jan calls. No mention of 20s or shares though. Doesn’t really matter though if the thesis is right

>> No.22872150

>>22872075
idk, but for your money invested the leverage of options will limit your losses if you buy or if you sell only spreads. you ahve to understand how the greeks will affect the price though or you will bog yourself

>> No.22872166

>>22871948
It's most noticeable with TSLA before and after a meme event. The extremely high demand for options pushes up the price of other options in the chain (https://en.wikipedia.org/wiki/Volatility_smile#Implied_volatility_surface)) because the price of say a $500c cannot be higher than the price of a $490c or there would be an arbitrage opportunity, so the effect this has is pushing the prices closer and closer together while the strike widths stay the same, so you can create some very wide spreads for very little collateral.

>> No.22872170

>>22872117
think or swim for TDA

>> No.22872182

>>22871943
It can be backtested, but the tricky part is simulating breakers. With modern breakers, TQQQ doesn't drawdown 100% even during the 2000 crash (which was the worst single-day crash Nasdaq100 has ever seen).

>> No.22872219

>>22872118
Yeah the math was done for 15c but he mentions holding 20c and potentially Nov(?) calls as well at the bottom.

If you still have access to that SA article could you archive it or screenshot it for us poorfags? Its subscriber only now

>> No.22872351

>>22872044
you trade vix itself

>> No.22872424

>>22871547
I bought pomegranat juice that was made in Azerbajan recently. Was pretty delicious.

>> No.22872456

>>22871391
Quiet cattle

>> No.22872641

>>22871861
What's he mean by heavy calls?

>> No.22872811

Today's buys.
ALS Ltd & Aroa Biosurgery. Memes galore.