/smg/ - Stock Market General

[Anonymous No.28922206]

frens... it's too cold edition

Brokers:
https://pastebin.com/F1yujtVq

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

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

>Live Bloomberg stream:
http://www.livenewson.com/american/bloomberg-television-business.html

>Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

>Free chart:
https://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/

>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

Previous:
>>28918315

[Anonymous No.28922245]

covered calls explain this bros

i wouldnt mind collecting premium monthly

[Anonymous No.28922264]

>>28922206
2nd for smug

[Anonymous No.28922290]

Airlines

[Anonymous No.28922299]

>want to buy SOXL
>made the mistake of putting funds into my shitty cash brokerage with my bank instead of my Schwab account
>now I have to wait for the funds to settle
I'm missing out on sweet gains! They'll never let me into Dorsia now

[Anonymous No.28922303]

First for fuck Seattle and living in concrete boxes and fuck simps

[Anonymous No.28922314]

I FORGOT TO PAY THE PROPERTY TAXES ON MY STOCKS LAST YEAR AAAAAAAAAIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

[Anonymous No.28922319]

Shill me on DNN and your PT for it

[Anonymous No.28922321]

Are you guys MGTOW?

[Anonymous No.28922326]

>>28922245
>own 100 shares of x
>sell a call for x
it's not that hard to grasp

[Anonymous No.28922334]

>>28922245
Write calls, have the underlying shares to sell in case your calls get exercised. Very simple.

[Anonymous No.28922344]

>>28922321
Yes but not by choice

[Anonymous No.28922354]

>>28922245
noooooooooo. if you don't have exp points to even know what the fuck they are why are you wanting to do them?

[Anonymous No.28922364]

>>28922245
pick a fuckin shitty boomer dividend stock that goes nowhere

collect free money

[Anonymous No.28922380]

>>28922290
Just torch your money

[Anonymous No.28922386]

13th for how long should I hold GEVO for?

[Anonymous No.28922388]

>>28922245
I want to add a question, I liked your SOXL example, do you always choose an outrageous price like $900 to current share price. what are strats of choosing strike prices?

[Anonymous No.28922412]

>>28922326
>>28922334
if im doing it on a leveraged ETF like TQQQ, presumably I want to sell on something thats 30%+ over current TQQQ price right, say a month out from now? Unlikely Nasdaq goes up over 10% in a single month...

[Anonymous No.28922424]

I FORGOT TO PAY THE SHIPPING AND HANDLING FEES ON MY STOCKS AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

[Anonymous No.28922449]

>>28922314
OH SHIT I FORGOT TO PAY MY BAG FEE ON MY NOK SHARES FUCK CALIFORNIA

[Anonymous No.28922453]

how much of an etf (especially a leveraged one) price is speculation vs the managed tracking?

[Anonymous No.28922454]

i really don't trust chink stocks any more after the EH thing. Going to sell my BILI too.. Even though chink stocks look so good on paper they're cooking the books so hard and always get delisted and shit like that. It's not worth it, especially when you consider the ethics too. How do I invest in the destruction of china? (NO PLTR SHILLING)

[Anonymous No.28922464]

I tried to do some research to get a grasp of what DGTW is. But the more I look, the stranger things seem.

[Anonymous No.28922477]

>>28922290
Imagine those gloved fingers gripping your cock when you bust a huge load all over them.

[Anonymous No.28922485]

>>28922454
just buy puts on chink stocks

[Anonymous No.28922491]

I left these threads when GME shit got out of hand. What stocks have people been talking about or memeing in that time?

[Anonymous No.28922492]

YOU HAVE TO PAY YOUR LOCAL MUNICIPAL SALES TAX FOR YOUR STOCKS?!?!! FUUUUUCK?!?!

[Anonymous No.28922496]

>>28922424
AAAAAAAAAAAAAAAAAAAAAAAAAAA I DIDN'T BUY MY STOCKS CERTIFIED 1ST CLASS AND NOW THEY'RE STUCK IN ATLANTA

[Anonymous No.28922501]

>>28922491
AQB

[Anonymous No.28922508]

Will green energy gap up tomorrow or soon? Wondering if should sell my moon etc. Gust was another play in short/mod run since texas freeze impact

[Anonymous No.28922512]

>>28922319
2.50

[Anonymous No.28922516]

ask a guy whos in $SHSP anything

[Anonymous No.28922530]

>>28922454
NIO is the only safe bet. A 1 billion customer base can't be wrong.

[Anonymous No.28922533]

>>28922454
Gonna poooomp CXDX

[Anonymous No.28922560]

>>28922454
Japanese Banks, I made some off MUFG today. I think MUFG is close to it's top right now though.

[Anonymous No.28922561]

>>28922412
do you know what the black-scholes equations are? not even how they work, just the overview of what they are.

[Anonymous No.28922570]

>a chink stock is your only safe bet
T. Chang

[Anonymous No.28922575]

>>28922491
UVXY
SQQQ

[Anonymous No.28922587]

>>28922424
Remember to tip the delivery guy (40%)

[Anonymous No.28922599]

Did anybody shill CBAT yet?

[Anonymous No.28922601]

>>28922412
The further away the strike price is from the current price, the less money you can sell the call for. The further out the date is, the more money you can sell the call for. Sell the calls for a profit you think is reasonable when combining both the premium and the gains made by getting exercised. Having your calls exercised isn't the end of the world. Feel it out.

[Anonymous No.28922607]

Today I sold 1000 100x contracts of naked calls on CRBP
You'd better not pump this shit stock you CRBPajeet shills

[Anonymous No.28922610]

>>28922491
Ptotf, dnn, aiki, shrmf

[Anonymous No.28922608]

>>28922533
CXDC im retarded

[Anonymous No.28922612]

>>28922492
> I DIDN'T PAY MY HOA FEES ON MY STOCKS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.28922623]

>>28922561
No i never heard of them before

[Anonymous No.28922633]

>>28922464
On the plus side, they do have a nearly 90% earnings growth rate according to generally accepted accounting principles.

[Anonymous No.28922632]

>>28922530
>NIO
If you want to make money, that's fine. I'm sure chinks will use it. But, you'll never catch me using a chinese car. Name one chinese car that's worth driving. If you trust that shit, then I don't trust you any more.

[Anonymous No.28922636]

>>28922570
#notallchinkstocks
>#stopstockracism

[Anonymous No.28922638]

>>28921777
>If I made capital gains this year and I do my taxes next month do I pay that on my next years taxes or in a month when I do them?

lol similar situation here but as a capital LOSS of 700 something bux because I forgot to get out of GME on time.

Was wondering about this too.

[Anonymous No.28922645]

>>28922364
>pick a fuckin shitty boomer dividend stock that goes nowhere
speaking of which, AT&T (T) has a lot of options interest even though it is a crab. I think something will happen soon.

[Anonymous No.28922651]

Where everyone sees chaos. I see a perfect opportunity to BUY LOW and SELL HIGH. You need to have the investor mindset. See the patterns. When prices of stocks go down. You need to buy.


Today I bought;
Disney
Netflix
Sneed Feed&Seed
Theranos
Air France
Dorsia (great sea urchin ceviche)
Delta
Washington Mutual
Carnival Cruises
Nintendo
Exon
Enron
Beyond meat
Texaco
Uber

You average people will never... CAN never understand the INVESTOR mindset. You think like sheep. Sell when you're told, buy when you're told. The true INVESTOR sees through it.

>be fearful when others are greedy and to be greedy only when others are fearful.
-Warren buffét

[Anonymous No.28922657]

>>28922303
Seattle is based have fun in your shit hole town

[Anonymous No.28922669]

>>28922206
>frens... it's too cold edition

>tfw all the cold from the Canadian prairies moved south to fuck over the US

It's gonna be close to 0C where I live in a few days. Can't fucking wait.

[Anonymous No.28922680]

>>28922612
And that's why you stay away from residential REITs.

[Anonymous No.28922683]

>>28922607
>He wrote ze calls, naked you say?
>Pump it

[Anonymous No.28922686]

>>28922245

To piggyback on this anon

What's the BEST youtube channel about "options" and "calls" ?

[Anonymous No.28922691]

>>28922508
Idk, I hope so. I bought TAN and REGI last week, both renewable energy stocks and they've taken a shit today. I knew I should have bought more oil stocks.

[Anonymous No.28922693]

>>28922636
>changed nobody's mind
Thanks chang we still hate you and your women are still gross

[Anonymous No.28922706]

>>28922245
1) Have 100 shares of a stock
2) Open your broker and go to the part where it says options
3) Options have a strike price and an expiration date, so pick a date then a price on that date you think the stock will NOT ever reach in a million years. Like $1000 SOXL in March.
4) Click "sell" for that price and expiry
5) Bask in your gains.
Note it's called a "covered" call because you own the shares.
>>28922500
>The Philadelphia Semiconductor Index
>What’s the ticker for this? It sounds dank for backtesting
It is excellent. SOX
>>28922388
>I want to add a question, I liked your SOXL example, do you always choose an outrageous price like $900 to current share price. what are strats of choosing strike prices?
The premium on SOXL is outrageous due to the extreme volatility of it. After the price of the underlying stock, volatility has by far the largest impact on the price of an option. That being the case, I can sell SOXL calls at the literal highest strike price and still get 1-2k for each call so yes, I shoot for the most insance price like $960 in the case of March

[Anonymous No.28922730]

Who /CCIVputs/ here

[Anonymous No.28922731]

Poor here, I went all in with 1K on MJNE. I WILL MAKE IT?

[Anonymous No.28922734]

>>28922638
Sorry buddy, there are double taxes on losses. You need to pay them twice, once this April, and once next April.

[Anonymous No.28922742]

>>28922454
>i really don't trust chink stocks any more after the EH thing.

I was away from computer the whole day.
Would you care to elaborate ?

[Anonymous No.28922752]

>>28922669
It was like -25 F with wind chill the other night and we got 8 inches of snow yesterday/early this morning. Can't wait for Spring.

[Anonymous No.28922762]

>>28922651
Nobody is seeing chaos

[Anonymous No.28922781]

>>28922651
Please explain why buy any of those instead of SOXL and / or TQQQ in this market?
I have 150+k invested in the market now but I'm not feeling ready to move away from 3x

[Anonymous No.28922784]

Should I bet on Pelosi Jr insider trading stocks or penny stock shill stocks? Hmmm
>ABML ATAO SXOOF BRLL
or
>GRST DGTW WOGI MJNE

[Anonymous No.28922786]

>>28922742
trustworthy flying car company not so trustworthy after all.

[Anonymous No.28922788]

Anyone getting in on ZWRKU? It has potential to pop before merger.

[Anonymous No.28922800]

>>28922706
>3) Options have a strike price and an expiration date, so pick a date then a price on that date you think the stock will NOT ever reach in a million years. Like $1000 SOXL in March.
yea but is anyone going to buy that absolute dog shit of a call?

[Anonymous No.28922805]

>>28922742
go ahead and google "eh stock"

[Anonymous No.28922807]

>>28922245
Alright yeah, selling covered calls means writing calls to open on a stock you already own. Basically:
-buy 100 TQQQ at $90/share
-sell call for strike $100
-receive $0.70/share up front
So now you've got essentially a short call position and a long equity position. The call is your obligation to sell your counterparty your shares for $100/share if the price of TQQQ goes above $100/share. Since the call is covered, selling at $100 is always profit. You only lose out on the opportunity to have sold for whatever higher market price, plus the main point that you are protected from having to buy the shares at whatever price they may have moved to before selling at $100, incurring potentially unlimited real losses - the danger of naked calls. If the price closes lower than the strike, the call expires and you keep the premium.
Finally, market dips can sink the cost of rebuying the call to nothing, at which point you can close out your obligation early and take the profit. This also means that you've got some leeway to see if any correction is a crash - your stocks lose value, but your call position covers some of it.

The only big risk is unlimited opportunity loss, but that's not actually a threat of losing money.

[Anonymous No.28922828]

>>28922706
How do options work when SOXL splits next month?

[Anonymous No.28922853]

Is ARBKF still a buy? Looking to add

[Anonymous No.28922869]

>>28922781

[Anonymous No.28922871]

HOLY FUCK I GOT PULLED OVER FOR TRADING WITHOUT STOCK INSURANCE AND NOW THEY'RE TAKING MY THINKORSWIM TO THE IMPOUND LOT FUCK

[Anonymous No.28922874]

>>28922651
You don’t think people are being greedy right now? The fearful sentiment is most definitely the outlier. You are honestly fucked, genius.

[Anonymous No.28922879]

Im a huge piece of shit looking to invest his gf's life savings into a dividend stock, and HAS is doing its quarterly dip. Should I bet $15k and a young girls future on the fact that heebs wont let other heebs lose?

[Anonymous No.28922878]

>>28922560
thanks for the suggestion yeah it looks a little maxed out. i'll look into some more japanese stocks. they're ok .. at least better than china but not really much better all things considered.

[Anonymous No.28922908]

>>28922669
Sup Regina bro

[Anonymous No.28922913]

>>28922853
Why did you wait so long, fag?

[Anonymous No.28922925]

>>28922784
You can just follow her husband's trading disclosures and get safe gains.

[Anonymous No.28922930]

>>28922731
You should have all three crown jewels in your portfolio.

DGTW
GRST
MJNE

Get as much as each of them as you can. Listen to pennystockanonfagsan. MJNE is good, but having three legs on your stool will give you the most solid base for your gains.

[Anonymous No.28922935]

>>28922321
No. I bang my trad wife after market closes. I also don't tell her how much I'm making.

[Anonymous No.28922936]

>>28922669
It's supposed to be like 75f tomorrow. I might do some boating.

[Anonymous No.28922942]

>>28922686
>What's the BEST youtube channel about "options" and "calls" ?
https://www.youtube.com/channel/UCfMiRVQJuTj3NpZZP1tKShQ
Also read this book: http://libgen.li/item/index.php?md5=1C813D69C10121E58C708F4E19BBBFEE
>>28922800
>yea but is anyone going to buy that absolute dog shit of a call?
Market makers will buy it from you. For every strike price, market makers are contractually obligated to have 10 resting buys and sells. Sometimes the spread will be wide but just offer your calls at the mid price and you'll almost always get a sale.
>>28922828
>How do options work when SOXL splits next month?
Whatever SOXL options you're holding during the split will also split so no net changes.

[Anonymous No.28922967]

>I talk about stocks in the same thread as people clueless on collecting premium

[Anonymous No.28922969]

Are we gonna be okay tomorrow mvis bros

[Anonymous No.28922971]

>>28922879
absofuckinglutely anon

[Anonymous No.28922973]

>>28922800
my understanding is that the premium is directly related to the likelyhood of the call being useful. so a batshit insane one would have almost nothing while a really cheap one on a pumping stock would have a very high one. I have no idea how options work because I'm a retard wagie but that's my understanding of those cool colored spreadsheets people post

[Anonymous No.28922978]

>>28922706
>>28922807
i hav e200+ shares of TQQQ, I can sell for instance a covered calls for $118 for Feb 19 (Friday) which says its a 92% chance of profit and I'd get $23 per call for my troubles? And if TQQQ closes above $118 on Friday evening, I'd lose close price - 118 per 100 shares yeah?

But really what are the chances it ends up much higher than that....and I can always just buy back in 100 shares Monday morning If i wanted to anyways right?

[Anonymous No.28923002]

>>28922871
OI! You got a license for that stock?

[Anonymous No.28923005]

>>28922800
Yes, because the premium can still go up. Also Market Makers will but it regardless.

[Anonymous No.28923007]

>>28922913
I’m in double fag, just asking opinions b4 it hits nasdaq

[Anonymous No.28923013]

>>28922560
>MUFG

You sure this MuthaFugGa's any good ?

[Anonymous No.28923024]

>GF makes 75k yr
>currently making 0 looking for a job

uhmm not sure how this is going to workout bros.

[Anonymous No.28923031]

>>28922853
still good to go, once it hits NASDAQ it's gonna catch up with MARA and RIOT

[Anonymous No.28923034]

>>28922967
we're all in this together buddy
someones got to take the bags

[Anonymous No.28923036]

URG

[Anonymous No.28923042]

Military always buys the cheapest bidder.

[Anonymous No.28923044]

>>28922491
Come back tomorrow and find out

[Anonymous No.28923047]

Buy uranium.

[Anonymous No.28923064]

>>28922319
2.50. Texas is covered in ice and people are buying anything cheap that they think could be a hail Mary. Take the easy money and don't be too greedy like Reddit.

[Anonymous No.28923072]

>>28923002
> I didn't get my freshwater recreational options punchcard
FUCK FUCK FUCK

[Anonymous No.28923077]

What happened to the flying car shill?

[Anonymous No.28923080]

>>28923047
URGGGGGGGGGGG

[Anonymous No.28923101]

>>28922978
You can buy back in assuming you weren't assigned and then priced out (probably unlikely)

[Anonymous No.28923123]

>>28923047
>t.

[Anonymous No.28923125]

>>28923024
My gf probably makes similar but at least I make 1k a month and can pay my own bills and rent

[Anonymous No.28923153]

>>28923024
It probably won't but do your best to get yourself out of that shit situation asap so you can avoid being a dependent of walking axe wound.

[Anonymous No.28923159]

>>28922973
I know that options are priced and the prices change according to black-scholes. ive studied it a little. and I have a pretty good math education. its fairly complicated but not impossible to understand. just quite a few moving parts.

[Anonymous No.28923191]

>>28922669
>1Pondo-092415-159 - Aoi Shirosaki
nice.

[Anonymous No.28923213]

>>28923159
and you've already over complicated

[Anonymous No.28923226]

>crytpo dumping
tomorrow will be brutal

[Anonymous No.28923274]

How high we going tomorrow?

[Anonymous No.28923281]

>>28923101
so why exactly would I not do this? As long as I stay with stuff thats WAY out of the money, and im selling calls not puts, then its profitable either way yeah? I either collect this premium for doing basically nothing, or I lose 100 shares of something for a slight 'loss' per share, but if the case is that TQQQ mooned over the next 3 days, then all my other stuff would have mooned too so I havent necessarily lost much of anything?

I mean its worse than if i didnt get my call exercised sure, but if i do it right i can collect like 90%+ of these long term right? Selling WAY OTM calls for a small premium, for doing nothing? I dont understand why you wouldnt do this if you have 100+ shares of a given equity, and are conservative in your strike price? Or am I understanding wrong

[Anonymous No.28923283]

>>28922978
>But really what are the chances it ends up much higher than that....and I can always just buy back in 100 shares Monday morning If i wanted to anyways right?
Here's the thing, options are priced with a precise formula. Used to be Black-Scholes but it's gotten much more sophisticated than that lately. The thing is, it's still a mechanistic formula, a platonic model, and therefore flawed. It is subject to be exploited by a good trader with an edge. When I sell my SOXL options, I am very strategic about my strike prices and I am very fast to buy back in. I sell my calls when SOXL is on an upswing and I buy them back when SOXL stalls out a week or two later. There's a rhythm and I never get assigned. That's how a good trader beats the option market. Just get into the rhythm. The volatility of SOXL makes it much easier than other lesser volatile stuff

[Anonymous No.28923284]

>>28923226
made me look

[Anonymous No.28923293]

>>28923226
>crytpo dumping

Huh?

[Anonymous No.28923302]

>>28922978
If you have 200 shares you can sell 2 covered calls. Find your average price for those shares, I'm gonna pretend it's $100.
If you're getting $23 per call that's $0.23/share in premium.
1. If TQQQ closes below $118 then you keep your stocks and $23 in premium
2. If TQQQ closes just over $118 then you have to sell 200 shares for $118 each. If your average cost for those shares is $100, then you are making $18/share in profit off of selling. You keep your premium, so you also make $26. You do not lose money.
3. As TQQQ goes above $118, you lose "opportunity". At $118.23 (strike + premium) you have made the same amount of money on your covered calls as you would have just selling the stock here. If it moves up beyond that, then not doing covered calls would have made you more money. That's opportunity cost. You still did not lose money, because you kept the premium and sold your shares for more than you bought them, just not as much as you COULD have.

[Anonymous No.28923307]

Bros I'm so fucking horny. I had sex with an 8.5/10 and it was amazing. But now I can only get 6/10 girls on tinder. It's fucking pathetic. None of them reply back. I just wanted so bad in so fucking horny i can barely function.

[2 scoops !!DU22SQMj6dQ No.28923311]

>>28921056
SLU

>>28921179
If you can wave at me, I’ll let you come in and we can touch our dicks together, anon

>>28921216
>why doesn't this look cozy?
Because a woman has moved in.

>>28922778
>Except CUDA is literally a library for matrix operations (machine learning)
>>28922592
>Yeah you’re larping here. CUDA is a machine learning library it is for AI. Lmao
—
Holy shit, dude. I hope you’re larping.
Then I guess we could say numpy is just an ML library too, huh?
>implying data scientists that can barely write code, as is, aside from mashing out horrifying 100 line python scripts will literally pick up CUDA and write 500X more code just because you have special AI chips that might make it go faster.
the whole fucking reason python (which is an INTERPRETED language) is the go-to ML language is that data scientists are dogshit at programming, you absolutely retarded rung-licking niggermonkey

[Anonymous No.28923319]

I FORGOT TO ROLL OVER MY OJ FUTURES AND THERE'S 10,000 GALLONS OF ORANGE JUICE COMING TO MY FRONT PORCH AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.28923332]

>>28923307
jack it.

[Anonymous No.28923349]

>>28923024
Work for your gf

[Anonymous No.28923356]

Can someone explain to me why you would ever write a covered call at a strike price lower than you paid for a stock? It seems like you should only ever set a strike above what you paid.

[Anonymous No.28923384]

>>28922599
I traded my cbat for qs

[Anonymous No.28923399]

>>28923283
I understand the concept of selling calls when momentum is bullish, but what do you mean 'buy them back' when in this example SOXL has a coulple crabby days? Can you buy basically the option you sold? Thats weird lol, but your then absolving yourself of all liability in exchange for paying a premium thats under the premium you sold your covered call for originally?

Can you give an example if you owned say 100 shares of TQQQ, what date/strike premium would you sell a covered call for? Are you looking to do this weekly, monthly, quarterly, etc?

[Anonymous No.28923400]

also since you are all nerds
what is the first and most basic programming language to learn?
Python?

[Anonymous No.28923405]

>tfw holding NIO since November
should i just dump it?

[Anonymous No.28923416]

>>28923356
no good reason except maybe some tax thing I'm not aware of.

[Anonymous No.28923417]

>>28923281
Thing is, why would someone buy your contract if there's almost no chance of the stock getting that high?

[Anonymous No.28923424]

IS DGTW AN EVIL GHOST STOCK OR NOT

[Anonymous No.28923436]

>>28923281
The only reason not to is that those shares are tied up during the contract. And yes you can always use a way OTM strike price but the premiums will be small

[Anonymous No.28923439]

>> 28921724
I don’t I just have good taste for interior design for some reason
Happily married but I did take female birthcontrol for a few weeks in high school for a bet

[Anonymous No.28923442]

>>28922925
>safe gains
Anon, I'll never make it with safe gains. I'm trying to get rich or die trying here.

[Anonymous No.28923447]

>>28923400
Female

[Anonymous No.28923453]

Will China companies soar this year?

[Anonymous No.28923473]

>>28923399
5% otm per week is my rule, this depends on what kinda market it is and what the usual trend is but as a rule of thumb its ok
sometimes I know shit will be bad and don't mind selling closer itm and further expiry, if you like the stock long term then fukkit

[Anonymous No.28923477]

>>28923417
>>28923436
sur ei get the premiums will be small, but small is better than 0 yes?

And I dont mind the shares being tied up, I've been holding TQQQ for instance for months and months.

[Anonymous No.28923481]

>>28923400
yes. i recommend "python crash course" followed up by "learn python3 the hard way" to drill everything in if you want general programming competency. if you just want to learn how to automate boring stuff then read "automate the boring stuff with python"
>>>/g/sqt/

[Anonymous No.28923489]

>>28923400
Programming is the worst thing to recommend somebody. It's complicated math, you're going to be working 10 hours a day on average. You get paid quite a bit but it's souless work that kills you.

[Anonymous No.28923488]

>>28923424
Yes and it’s RIGHT BEHIND YOU AAAAAA

[Anonymous No.28923490]

>>28923417
>Thing is, why would someone buy your contract if there's almost no chance of the stock getting that high?
There are many players in the option market who are not trying to make money. The same reason you take out car insurance isn't because you aren't trying make money, you are hoping to lose money but if you do need the pay out it's there. Options are the same way. The futures market as well, organizations participate in derivatives all the time with no expectation of using them to turn a profit.

[Anonymous No.28923493]

>>28923400
do you know how a command line works?

[Anonymous No.28923495]

>>28923400
assembly

[Anonymous No.28923500]

>>28923453
It's the year of the ox, anon.

[Anonymous No.28923505]

Any tax experts know if I have to turn in my IRA information, if I didn’t put any outside money into it? I’m thinking no because it’s a waste of time, inefficient, causes extra work for no reason and they don’t need extra data of mine unless it’s something I honestly owe the government, like if I pull money out.

[Anonymous No.28923522]

>>28923417
reddit lotto fags
MM who use it as hedge

[Anonymous No.28923532]

>>28923442
That is a fallacy many fall into that ends up keeping them poor unless they get lucky or good.

[Anonymous No.28923545]

>>28923473
5% weekly on 3x ETFs like SOXL/TQQQ, or for the underlying, or even more boomerish stuff like VTI?

I mean obviously the weekly volatility of those is all very different

[Anonymous No.28923567]

>>28923356
The premium might push you well into profit. You could also be bearish on the stock.

For example, you hold a dividend stock, and you know the approximate range it crabs within. You hit the top point of that range and you figure it is going to go back down. So you can sell a call at maximum premium at or in the money.

[Anonymous No.28923574]

>>28923500
> year of the bull with its nuts cut off
So you’re saying invest in trannies?

[Anonymous No.28923579]

>>28923505
>Telling the government about your terrorist organization affiliations
100% ngmi

[Anonymous No.28923591]

GUYS I NEED THE ROBINHOOD EXPANSION PASS TO KEEP TRADING. CAN SOMEONE SPOT ME $29.99

[2 scoops !!DU22SQMj6dQ No.28923592]

>>28923400
>also since you are all nerds
>what is the first and most basic programming language to learn?
>Python?
Yes.
See here:
>>28923311

Data scientists tend to have pure mathematics degrees and have no formal education in coding. That’s why a literal toddler language (python) is used for ML frameworks.
I can’t believe this asshat that thinks they’ll pick up C and CUDA and write 100X as much code just to make the training go a little faster.
Do you think you’d be up for learning C, anon? That’s what this dipshit is using as a foundation for his tranny passion for SOXL: the delusion that you’re up for learning C over python because it’ll make your code run a little faster.

[Anonymous No.28923596]

>>28923436
Then yeah it's an opportunity to make some safe gains on something you're hodling anyway. Another way to think of premiums is reducing cost of original investment

[Anonymous No.28923599]

Had 18k in stocks, 5k in crypto. Modest gains in stocks quite happy, crypto now worth twice as much as stocks.. is it actually possible to make it with stocks?

[Anonymous No.28923623]

>>28923274
Dude... I'm worried it's gunna dump tomorrow

[Anonymous No.28923641]

>>28923488
Strange. I don’t remember buying DGTW, but it showed up at my front door with a bloody hook for a hand. Should I open the door?

[Anonymous No.28923660]

>>28923125
>>28923349
>>28923153
she works for the govt.. i think i love her bros i need to make it from stocks

[Anonymous No.28923669]

>>28923274
Haha imagine being in the middle of that circle of cute girls.

[Anonymous No.28923684]

>>28923591
Yeah bro I got you

[Anonymous No.28923709]

>>28923669
>imagine being around girls

Lol no

[Anonymous No.28923712]

>>28923400
BASIC.

[Anonymous No.28923713]

>>28922784
found this click posts
https://investorshub.advfn.com/boards/profilea.aspx?user=74872

[Anonymous No.28923727]

>>28923669
When you hold CCIV you are.

[Anonymous No.28923735]

Anyone have any go-to stocks to start selling covered calls on?

[Anonymous No.28923773]

>>28922290
Buy XSPA.

[Anonymous No.28923775]

>>28923735
UVXY

[Anonymous No.28923777]

>>28923669
CRBP SHILL?

[Anonymous No.28923786]

>>28923481
So python, C , or HTML?
Scoops said java i thimk

[Anonymous No.28923788]

>>28923623
Sup lil nigga u scared?

[Anonymous No.28923791]

>>28923400
Use Arduino

[Anonymous No.28923796]

>>28922454

aren't chinkstocks basically ENRON x1000 ?

[Anonymous No.28923797]

>>28923641
Lay down salt first and don’t invite it in

[Anonymous No.28923800]

>>28922978
>>28923399
To wrap up: you are basically capping your potential gains in order to bet on getting a safer, more reliable lump of additional cash.
If the call ends up above the strike at close, you get assigned and your shares get sold and you get the money in your account (the hassle depends on your broker). Then you can indeed just buy in on Monday, though obviously this resets your cost basis and the more you do it the more likely you are to end up buying the top of the bullrun.

The other thing to remember is what >>28923283 and I at >>28922807 mentioned: writing the calls technically means you're shorting the call, and the call is literally a thing that itself gets traded on the market for a price. The call hitting expiry is one way to "close" the position (which is your obligation to sell if you lose). The OTHER way to close is to buy the same number of equivalent calls, they nullify each other and free you from the contract.
So the contract is traded on the market, and its price fluctuates according to a number of factors, which means that it can lose value. That's good for you, because you are SHORTING that contract, you are negative, and that's a burden you want to nullify. Just like shorts, if your calls are almost worthless on the market then you get to get rid of your obligation super cheap, which translates to keeping the premium you got paid to take on the position.

The clincher is that calls get cheaper inherently as Friday drags on. Towards the end, even if the price is hovering around or above your strike, you can often pawn it off at a profit AND keep your shares. It's based.

[Anonymous No.28923811]

>>28923545
3x ETF will move 5% quicker obviously so thats different and may require a further otm strike if you don't want to risk assignment
VTI will give you next to nothing for premium

currently:
I have 300 shares of SOXL
I sold the expiry of feb19 calls on 3 strikes, 735, 740, 745
the bottom two MAY get exercised, those turned over the most premium and I don't mind averaging up when the 745 will not get assigned

i also sold covered on sq and riot. riot went itm and I just bought the calls back now im letting the underlying run, this is stupid, like taking off the condom to cum. but I think riot will continue to go up

sq expired worthless last week and im waiting to see tomorrows pump to sell weeklies

don't worry too much about assignment, you will sell for the price and make money. what sucks is getting capped out of gains above the strike but you can do what i did on riot and consider the cc your hedge

[Anonymous No.28923829]

>>28923399
>when in this example SOXL has a coulple crabby days? Can you buy basically the option you sold?
Yep, you sell the option when SOXL is mooning and people are getting euphoric. Then when the market calms down, the premium drops, a little time passes and you get what's called "theta decay", the premium drops and you buy the option back.
>Can you give an example if you owned say 100 shares of TQQQ, what date/strike premium would you sell a covered call for? Are you looking to do this weekly, monthly, quarterly, etc?
I don't really sell options on TQQQ because the premiums aren't high enough for my taste but I'll give it a shot. First I'll look at the TQQQ chart and get a feel for what the price action is telling me. My guess is we will not see $135 TQQQ by March 19th just from eyeballing. So I go to my broker and pull up the March 19th 135 calls. I see the premium is $97 so I sell the calls and get my $97. Say in a week or two, the market pulls back and those calls are now worth $25. I'd buy them back.
So I have $10900 worth of TQQQ and I can make $100 premium in a month for a reasonable strike price. The reason I go for SOXL instead is for everything being equal you would collect about 50% more premium so you could increase the strike price for a safer margin.

[Anonymous No.28923870]

>>28922706
So if I'm getting this correctly it's:
1. Find expensive but volatile stock
2. Buy 100 or more shares of said stock
3. Sell covered calls for ridiculous gains
4. Buy more of said stock during dips
5. Live for free off of gains
I could literally quit my day job if this works.

[Anonymous No.28923878]

>>28923788
I guess worried isn't the right word, cause I bought in early, but ... I still think it comes down. Who knows it'd be dope if I'm wrong.

[Anonymous No.28923880]

>>28923599
recently I made 800% on a BIR call
(yes, but riskier than crypto ironically)

[Anonymous No.28923900]

>>28923786
i don't think html is a programming language

[Anonymous No.28923909]

>>28923579
Well the retirement account grew in size but I didn’t put any money into it, it grew because of the holdings that were already inside of it. I don’t know if that is needed to be reported on my taxes but your comment makes me realize, why would it. It doesn’t get taxed until I pull it out. I’m just trying to not receive penalties.

[Anonymous No.28923918]

>>28923870
You look rich. Can I have some of your money?

[Anonymous No.28923920]

>>28923870
until you get assigned ahahahaaaa

[Anonymous No.28923933]

What I find funny on this board is poorfags trying to chase the shitcoin high when they could ride the wave by investing in block chain companies and make quicker gains

[2 scoops !!DU22SQMj6dQ No.28923934]

>>28923786
Java is cool is you’re going to be a software engineer or write video games or apps or shit.
Python is a better one if he wants to immediately do some kind of project.

[Anonymous No.28923938]

>>28923811
How much monies you make of your 300 shares in covered calls a month/week roughly?

[Anonymous No.28923953]

>>28923800
>>28923811
>>28923829
thank you for the information everyone, ill read all these now. My last question is why not sell puts, if Robinhood gives a given put the same chance of profit as a given call? Is it because there is inherently more downside potential in the market, relative to upside? Like any given major move in SOXL is mor elikely to go to $600 from 700, instead of 700 to 800?

[Anonymous No.28923954]

>>28923918
>You look rich. Can I have some of your money?
:)
>>28923920
wut?

[Anonymous No.28923972]

>>28923934
Arduino is the best for simple shit

[Anonymous No.28923974]

>>28923933

$SOS to the moon

[Anonymous No.28923977]

>>28923400
Plain old C
The syntax incredibly simple and you can learn it in a day or two
You learn what the fuck your code is actually doing on the hardware, which will put you way ahead of modern programmers who treat their language like a black box
You will learn how to build programs without relying on destructive object-oriented antipatterns
Your code will outperform everything else naturally
It's easy to transition to C++ afterwards, but you will transition back because C++ is awful

[Anonymous No.28924007]

Where is my/ SMG/ UPDATE?

[Anonymous No.28924015]

>>28923933
hey calm down there son we do both

[Anonymous No.28924027]

>>28923933
Shill your best block chain company for me

[Anonymous No.28924031]

>>28923933
I turned $10k into $60M last year from shitcoins, are you telling me I could do better on stocks? I've just been fucking around with stocks cause fuck you money.

[Anonymous No.28924052]

>>28923878
Oh ok see because for a second there I thought you might be scared homie

[Anonymous No.28924084]

>>28922879
You can probably mess with dividend capture with 15K if you want look it up on youtube. Remember not to sell your HAS right away and let it get some of its initial dividend loss. Most people don't know this but the dividend gets taken out of the stock price but if its a good stock people usually buy the dips.

>>28923786
Google itself THE Google has a coursera about how to do Python and get a job with it, its actually pretty decent.

[Anonymous No.28924103]

>>28923870
Yeah pretty much but it takes practice. You might get assigned a couple of times or have to roll at a loss before you get the hang of it. I'd say 6 months of practice and you'll be a well oiled money making machine.
>>28923953
>My last question is why not sell puts, if Robinhood gives a given put the same chance of profit as a given call?
To sell puts I'd have to have the cash in my account to put up as collateral and all my cash is tied up in SOXL shares. Also the odds Robinhood shows you are based on a formula that quickly falls apart as the market moves. I ignore it.
For what it's worth though, puts tend to be priced higher because people that buy them are buying them for downside protection so they are more sought after than calls which are typically used for speculation. If you didn't want to hold shares and just wanted to sell puts you could make a good living. I sell put credit spreads on SPY every Monday Wednesday and Friday about 2 hours before close and make a decent amount with it.

[Anonymous No.28924114]

>>28923938
i sold the 3 contracts last monday and collected 3.8k for them
my cb on soxl is 698 or so
i dunno the math but 3.8k is already in my pocket and if they end up getting assigned idk another 7k i guess

[Anonymous No.28924144]

This guy had me in the first half, not gonna lie.

>check author name
>supratimbarman
article discarded

[Anonymous No.28924152]

>>28923953
>Learn about covered calls tonight
>Thinks he has a good understanding
>Decides he wants to sell puts now

[Anonymous No.28924185]

>>28924114
Always nice to see a fellow SOXL holder/call seller bro. The plebs need to learn the path

[Anonymous No.28924188]

>>28924031
OK faggot we didn't know you were some autist turboliar or super savant, most normies will do better in stocks because its easy to understand what they do, unlike a bunch of shitty bullshit coins nobody even understands except your egghead ass.

Try doing something worthwile with your 60M instead of looking for more sad dopamine gambles, open an orphanage and train Batman or whatever bitch Idc.

[Anonymous No.28924208]

Will AMC ever go above $17 again?

[Anonymous No.28924212]

>>28923811
I get your idea behind you dont mind getting called on 735 and 740, becuase you'd buy back in for 200 shares immediately, but does it matter if my cost basis for TQQQ for instance is about $48? Does that change what you'd do compared to if your cost basis was say $104? I have 200~ shares and its currently $110. This seems like something you should do in a IRA to avoid taxes when you are forced to 'sell' and take on short term capital gains right?

[Anonymous No.28924221]

>>28923953
selling puts is gay because it wraps up the same amount of money but the money is not growing

sell 100p on ticker xyz
sell 120c on ticker xyz

either one expires worthless you make some money, but if the call expires worthless you have your money in a stock that is growing each week

[Anonymous No.28924229]

>>28922601
Would you recommend selling UUUU 3/19 7c, for like $78, then selling cash covered 7p for like $90 if the call gets exercised? You'd be back at 100 shares + $168

[Anonymous No.28924248]

Are ARKK and IBUY ever going to stop sucking dick and make some upward progress?

[Anonymous No.28924263]

>>28922731
I daydream of 5.00 this summer.

[Anonymous No.28924267]

>>28923829
your saying you use SOXL because there is more volatility effectivley is your point? Thats why you can collect this 50% more premium when your timing selling calls and getting back out of them? And presumably the more volatile an equity, the more the time-decay then ends up mattering, especially closer to expiry date?

[Anonymous No.28924268]

>>28923400
Python isn’t that basic. It’s simple to read but has a lot of hang ups that will make you pull your hair out on complex problems if you don’t know the language like the back of your hand. Learn JavaScript to get the basic then go for python once you have the hang of that.

I use these two for work (plus psql)

[Anonymous No.28924314]

>>28922364
Why doesn't everyone run iron condors on blue chip crab stocks?

[Anonymous No.28924317]

>>28924185
its my strategy when I don't have any stocks I want to ride hard
>>28924212
if you have an ultra low cb and want to protect it then don't sell cc because anything can get assigned, you never know
Anything is better in a tax free account lol, if you dont like short term tax don't risk it

[Anonymous No.28924321]

>>28924152
>>28924221
im just learning bros, and trying to understand why selling puts and calls may be different. Isnt that what non market hours are for? Learning and improving?

[Anonymous No.28924331]

>>28924027
BFARF for a good miner
CBTC for a cheap penny 10bagger

[Anonymous No.28924348]

>>28924084
Would it be worth it to reinvest quarterly and buy dem dips to live off Hasbro's stock teat? Should I DRIP, if so, for how long?

[Anonymous No.28924358]

>>28924321
yeah man don't let them shit on you
youtube is a better source though, some of the finer points get lost when you get it from some 4channer who is watching sopranos on the side
im always happy to teach what I know.

[Anonymous No.28924360]

>>28924268
>psql
Do you mean Postgres or this? https://en.wikipedia.org/wiki/Pervasive_PSQL

[Anonymous No.28924371]

>>28923920
>>28924103
>You might get assigned a couple of times
That happens when the calls don't get purchased right? Not too big a deal apparently.
https://youtu.be/YjPLPQnDL7Y

[Anonymous No.28924377]

>>28922942

thanks muh fren

[Anonymous No.28924382]

>>28924314
without looking into it, I can only assume that the premiums fuck you over when everyone expects it to crab

[Anonymous No.28924384]

>>28924114
Wow very nice. You have kinda a large portfolio to have that many shares (at least for me).

[Anonymous No.28924386]

Which stocks do you anticipate will shoot up later today?

[Anonymous No.28924406]

>>28923400
learn python, its easy as shit
and theres even a library for automating robinhood trades, just dont tell anyone

[Anonymous No.28924411]

>>28924371
you get assigned when the contract makes sense to exercise
in the case of calls you are forced to sell
in the case of puts you are forced to buy

[Anonymous No.28924419]

>>28922206
What's happening tomorrow??

[Anonymous No.28924428]

>>28924229
I recommend nothing because I am honestly too chicken to sell calls. I invest in stocks that I feel might one day take off, and I would die inside if I got assigned.

But what you are talking about sounds like "The Wheel" and if you know the stock well enough to work it, sure go for it.

[Anonymous No.28924435]

>>28924386
GME

[Anonymous No.28924441]

>>28924358
i understand this could be dicey if you start making stupid decisions, but I see no reason to not sell covered calls for about the smallest premiums you can find weekly. Sure $30 isnt much when I own $20k+ worth of TQQQ, but $30 is better than $0. And If i get assigned, then that means everything mooned, and my SOXL/VTI/etc will all have gone way way up which I'm happy with too

[Anonymous No.28924450]

>>28922633
Checked and spoopy

[Anonymous No.28924461]

>>28924386
DGTW and GRST will be popping up soon. Make sure you get some sub-penny.

[Anonymous No.28924463]

>>28923400
Define 'basic'.

[Anonymous No.28924484]

>>28924384
thanks,
I was a poorfag before January, i made that money off GME
still have to pay taxes on it so I'm trying to make it grow before that time comes
>>28924441
couple hundred bucks a week is sweet to anyone, you'd be surprised how much shit expires worthless every week

[Anonymous No.28924488]

>>28924419
So they make good pets

[Anonymous No.28924511]

You guys invested in CRBP i have a message for you

[Anonymous No.28924515]

How does options trading work :(
Pls post best yputibe video that explains it i am little stupid cacahead

[Anonymous No.28924516]

>>28924419
Pain. Pain and suffering in a sea of red.

[Anonymous No.28924567]

>>28924321
I'm not trying to be a total nigger here, just kind of proving this guys >>28924358 point. Wathcing youtube for the graphs and then reading about this shit is gunna be a lot better. Then you can listen to people's ideas and be like hey that sounds like it might work, or jesus christ that guy is insane.

[Anonymous No.28924566]

>>28924511
I ate spicy Indian today to sacrifice the well-being of my bootyhole to Vishnu's blessings of gains.

[Anonymous No.28924591]

Anyone have a reasonable PT for BORR?

[Anonymous No.28924614]

>>28924386
GTE and SQQQ

[Anonymous No.28924627]

>>28924511
my calls expire friday

[Anonymous No.28924635]

>>28924515
u sell premium make sure choose high gamma stocks which utilize delta the best
delta = chance of contract being being OTM
gamma = rate of change of that chance (rate of change of delta)
gamma is first derivative of delta so choose high gamma stocks

SO BUY CRBP U MILKBREATHS

>>28924566
holy shit this is based can you please record your asshole doing hairy curry farts please lmfao i would die from laughter imagining your stinky asshole. lol.

[Anonymous No.28924639]

>>28924484
If I can turn a $4,000 covered call play into $660 on calls expiring in two days should I? I could buy puts limiting my losses to about $3,000 and the put premium is .01 while the call premium is waaaayyy higher. The only way I see this failing is the bottom falls out of the stock in two days and I have to exercise my puts for a $1k loss. Somebody talk me out of free money please.

[Anonymous No.28924640]

>>28924461
How much are guys dropping in penny stocks? Are you doing like couple hundred dollars or are there people dumping thousands or tens of thousands into it?

[Anonymous No.28924664]

>>28924484
thanks for the information, I think next good green day I'll sell a covered call at a crazy high strike price for TQQQ and collect hopefully close to $50-100 just to get use to the idea

Since my cost basis is less than half current price I'm really spooked to get called, but Im also officially unemployed IRL currently so even if i have short term cap gains, I wont have to pay much if any taxes on it becaus ei hav eno other income....lol

[Anonymous No.28924680]

did that chick from last thread who promised titties get tax advice? i can provide assistance for boobs but need proof of life. perhaps a timestamp and tease will do for now.

[Anonymous No.28924733]

>>28924640
Dropped 4600 on GRST last week, am dropping 3500 on MJNE and 2k on DGTW tomorrow.

[Anonymous No.28924741]

>>28924627
https://voca.ro/1jsii7LYg9Xl

its okay . im blackout drunk in happiness for CRBP

[Anonymous No.28924747]

>>28924640
>How much are guys dropping in penny stocks? Are you doing like couple hundred dollars or are there people dumping thousands or tens of thousands into it?

Imagine we're in shitcoin threads.
It's basically shitcoin mentality applied to stocks

[Anonymous No.28924748]

>>28924267
Absolutely right. The premium is richer with SOXL, the decay is faster, the swings are wider, easier to time (to me at least) everything vs. TQQQ. Don't get me wrong I like TQQQ but if you're getting creative with your option trading I think SOXL wins hands down. Especially after the split where it will be a lot cheaper and even easier to get 100 shares.

[Anonymous No.28924760]

>>28924680
No. She was never going to do that.

[Anonymous No.28924799]

Penny stocks aren't even that risky, they clearly have value. It's sub pennies that are the real dumpster/moon shots.

[Anonymous No.28924801]

>>28924639
I don't know what the fuck you are saying, it's chinese to me
This sounds like some sort of spread and I advise you to google what you are going to do first
what stock?
>>28924664
okay just make sure you SELL and choose the right strike and date you want
I've made some stupid trades because looking at the options chain numbs my brain

[Hindu Dark Pool Priest No.28924822]

Bros. Tell me you bought ATOS calls. Lol.

[Anonymous No.28924842]

>>28924635
Got a srs question for you. I've almost been doing this a year now, and I've went up from 2.8k 2800%(ish) to 61k. Should I keep doing what I'm doing, or start learning options. I'm not a retard, but I'm not a fucking nerd like scoops or anything. Super srs question, please be gentle.

[Anonymous No.28924851]

>>28924635
>holy shit this is based can you please record your asshole doing hairy curry farts please lmfao i would die from laughter imagining your stinky asshole. lol.
based

[Anonymous No.28924856]

>>28922692

baked

[Anonymous No.28924877]

>>28924635
Wait I thought gamma was bad like, doesn't it fuck up your DNA or something?

[Anonymous No.28924906]

>>28924842
Oof 2200% sorry

[Anonymous No.28924925]

>>28924566
Haha I wonder what it smells like haha

[Anonymous No.28924983]

>>28924877
RESIDENT BOOBA

[Anonymous No.28924999]

>>28924822
Oh cool! AVGR/CRBP chink adopted a name! Now he’s easy to filter!

[Anonymous No.28925030]

>>28924801
It’s a covered call and put option spread. I’m new to options but I think it’s called a collar. Limit losses at the cost of buying puts but sell covered calls for the premium. The upside is limited but so is the downside.

I may be retarded and this may not work but worst case I’m out the premium for the puts AND my call isn’t exercised as the stock crashes I think. Correct me if I’m wrong.

[Wears Smelly Soiled Diaper As (...) No.28925033]

>>28924842
https://voca.ro/1imiCQbgcQOO

pic related is what i meant for options profit calculator showing how much u can earn u also get to see initial principal on their website

https://www.optionsprofitcalculator.com/

[Anonymous No.28925038]

Can you sell calls on penny stocks?

[Anonymous No.28925074]

>>28924983
3

[Wears Smelly Soiled Diaper As (...) No.28925081]

>>28924999
>AVGR
y do u still think im that gook on stockshits.

[Anonymous No.28925115]

What's the hype about SOXL?

[Anonymous No.28925148]

>>28925030
Look up Iron Condor and be enlightened

[Anonymous No.28925174]

>>28924640
i have almost 20 grand in a (relatively safe) penny stock, and i plan to take profit when it's 50 grand hopefully in a year or so

[Anonymous No.28925191]

>>28925081
I want to give a gookfu waman pleasure

[Anonymous No.28925196]

Time to test some algos boys

[Anonymous No.28925205]

>>28924748
>>28924801
i dont want to come across as arrogant, but why doesnt eveybody do this? I mean any boomers close to or in retirement should have literally thousands of shares of their given index fund, right? I havent looked, but are the premiums for options on VTI/VOO/SPY so small that its just not a profitable thing to do covered calls on, relative to the profit you can make off SOXL/TQQQ ?

[Anonymous No.28925212]

>>28925081
You’re not gonna dig yourself out of that hole retard. The gay hiv you Bay Area fags have must be rotting your brain.

[Anonymous No.28925226]

>>28925115
>What's the hype about SOXL?
It's a triple leveraged ETF full of semiconductor stocks and there's a semiconductor shortage going on. Also it is splitting 15:1 on March 1st. Also there's an anon on here that's been shilling SOXL for over a year off and on who has a decent sized account and makes some good points about semiconductors in the long term so it keeps the hype frothy

[Anonymous No.28925228]

>>28925074
BUH
BUH
BUH
BOOBA

[Anonymous No.28925266]

any thoughts on BP calls?

[Wears Smelly Soiled Diaper As (...) No.28925272]

>>28925212
as a bay area fag i have an objectively far better quality of life than you holy shit the state of breitbart retards convincing themselves a house in Los Gatos CA is hell on earth.
Very sad. I will always be richer than you tranny.

[Anonymous No.28925283]

>>28925196
you're the straw that broke the camel's back. Too many people trading on margin will trigger yuge selloffs in a downturn

[Anonymous No.28925305]

>everyone thinks PLTR is gonna tank when the lockout is over
I'm tempted to buy in because of this. The opposite usually happens when every starts talking about it and PLTR will probably end up popping on Friday.

[Anonymous No.28925315]

>>28925205
Options are "scary" to most people and there is a chance of losing money if you fuck it up. Most peoples' eyes glaze over the instant the subject comes up so financial advisers are not incentivized to suggest them. That said, there are quite a few people who fund their retirement just selling index options.
This guy does it and has an excellent write up: https://earlyretirementnow.com/2016/08/31/trading-derivatives-on-the-path-to-financial-independence-and-early-retirement/

[Anonymous No.28925322]

>>28925283
I don't touch margin under any circumstances.

Shorts though...I would like my algos to make me money in the crash too.

[Anonymous No.28925332]

>>28925033
K I set out my plan that I'd start looking into it 1 year after I started so I'll start reading up on and watching videos on options. And yeah it was 22x not 28x, my bad on that, 12:30 math isn't my friend

[Anonymous No.28925337]

What marijuana stocks are the best value, long term? Why? Do you think Philip Morris and Altria are solid picks, weed wise? They certainly have the means and it's not like tobacco giants are going to leave money on the ground when it goes federally legal.

[Anonymous No.28925353]

>>28925205
everyone who is willing to let go of their shares on an off chance they get assigned, and holds more than 100 shares for the long term should be doing it. problem is boomers don't know shit.
you are right, by the time you are 65 and your roth has several million in whatever bullshit index etf, you can easily collect tens of thousands in premium by closing your positions with calls

[Anonymous No.28925361]

>>28925266
it aint going past $25.50. I doubt it's worth buying a $24c

[Anonymous No.28925366]

i dont see the point in gambling with options when so many shitty penny stocks make 5-20% every day or so

[Anonymous No.28925370]

>>28925115
Line go up
It also has safety because chipsets are used for mining crypto which goes up during economic downturns so there’s always demand

[Wears Smelly Soiled Diaper As (...) No.28925374]

>>28925332
plaese can i explain options just really quickly drunk to you the very brass tacks broad strokes purpose of options

[Anonymous No.28925409]

>>28925228
Boiiing

[Anonymous No.28925418]

>>28925322
Nice. what are you shorting?

[Anonymous No.28925452]

>>28925374
Yeah, sure. I mean I've been trying to piece together info I scrape from all these threads BUT I've been putting it off because everyone says new traders should cower in fear

[Anonymous No.28925463]

>>28925418
Whatever the machine decides to short.

Although I guess it's nice to have a way to do it manually now as well.

[Anonymous No.28925468]

>>28925272
I grew up in a 40 million dollar private club in marin and am in every way happier and healthier living in the middle of the forest in trinity county now, you are breathing chevron fumes and smug at lethal doses

[Anonymous No.28925472]

>>28925322
>I don't touch margin under any circumstances.
>shorting
ask me how i know you've never actually shorted a stock

[Anonymous No.28925484]

Tell me why I shouldn't just go all in on DNN for the week?

[Anonymous No.28925536]

>>28925337
Altria owns Philip Morris and Marlboro and id based in VA. VA just voted to legalize recreational weed. By 2024 when recreational sales are legal and other states jump on the bandwagon Altria will likely have made deals with producers/distributors/marketers to sell thc products and marijuana cigarettes. Will easily get a head start in that market before other big tobacco companies based on VA passing these bills.

[Anonymous No.28925551]

seems reddit found DNN. still worth a buy tomorrow even if i can't day trade?

[Anonymous No.28925553]

>>28925038
Yes

[Wears Smelly Soiled Diaper As (...) No.28925555]

>>28925468
holy shit it is obvious you were too poor/dumb to maintain the income to stay in the bay just fucking please for gods sake learn how to make consistent money you ape its frightening how many poor people let their lack of income blind them from how much objectively better the bay/marin is from other shitholes

[Anonymous No.28925571]

Am I delusional to think I can make back my losses on AMC buy selling calls?

[Anonymous No.28925573]

>>28925484
Its cursed with reddit hype

[Anonymous No.28925576]

>>28925272
I lived in Los Gatos for a while. It's shit. I will never under any circumstances go back to south bay.

Marin is superior in every way

[Anonymous No.28925621]

>>28925272
I live in Santa Clara. I love Los Gatos Meats. You work at N?

[Anonymous No.28925625]

>>28925571
premiums are dogshit now so good luck maybe they'll improve on an up day but i wouldn't count on it

[Anonymous No.28925649]

I just got a job in my dream line of field bros. I have no experience so this is a big deal for me.

[Anonymous No.28925665]

>>28925573
They're barely even talking about it, threads get auto deleted due to market cap so it hasn't caught on just yet

[Anonymous No.28925682]

Is WIMI legit? The EHang thing has me nervous

[Anonymous No.28925688]

are funds safu?

[Anonymous No.28925759]

>>28925576
Everything east of san geronimo is horrible

[Anonymous No.28925768]

>>28922206
Rate my portfolio.

[Wears Smelly Soiled Diaper As (...) No.28925784]

>>28925576
>I lived in Los Gatos for a while. It's shit
Did you live in the actual cumdumpster outside the chase bank parking lot? I am guaranteeing you are some white school shooter type who got upset seeing too many minorities accumulating wealth and instead wanted to live in some barren shithole with tons of space to say the nigger word and shoot his AR-15 at paper targets of AOC.

Anyways Marin is nice but shit landscape aside from the occasional carmel trip. Los Gatos and South bay's western portion is unmatched with pacific coast and forest scenery blow me fag

[Anonymous No.28925811]

>>28925322
Ze pomp it az zoon az he shortz izt

[Anonymous No.28925817]

>>28925571
>underlying goes down -50% while you try to make up losses selling covered calls
depends. AMC had issues even before quarantine shit, some people would argue you're lucky you can still sell it for $5/share

how much we talking about? might be easier to just cut your losses and move on to a better opportunity. Why sell calls on AMC when you could do it on something safer like AMD? can't check the premiums right now since yahoo is shit, but I assume the premiums are similar

[Anonymous No.28925826]

what is the next gme, i have 8k in the bank. I want to turn it into a few hundred grand so i can become a neet

[Anonymous No.28925856]

>>28925682
Hi one of the original WIMI shills here. WIMI seems legit to me, however honestly I'm a lil scared to so I'm moving my CCP#1 stocks from 50% WIMI 50% BILI to 33%WIMI 67% BILI tomorrow. Better safe than sorry. And I don't wanna burn my frens so I'll be posting this again tomorrow.

[Anonymous No.28925866]

>>28925826
it's gme
the squeeze is yet to be squoze
diamond hands

[Anonymous No.28925868]

>>28925826
Buy dnn right now

[Anonymous No.28925876]

>>28925768
too diversified

[Anonymous No.28925902]

>>28925817
Well...I bought in at about $14.

[Anonymous No.28925980]

>>28925784
>marin
>barren shithole
confirmed south bay trash. In Marin you can have your nice suburb or your rural cow field, all within commute distance of the city. the coastline is better too

It's a good thing I'm not a fucking software engineer so I don't have to work in your Los Angeles clone (minus the nice beach)

[Anonymous No.28926032]

>>28925980
you're telling me there are shittier places than LA?
t. pasadena

[Anonymous No.28926059]

>>28926032
Yeah, San Jose is exactly like pasadena except hotter

[Anonymous No.28926092]

>>28925980
>or your rural cow field
Dude I have driven to Carmel across various contexts (personal trip with family as kid, high school competitions, personal trips with the lads) and while its obv nice there is a ton of cowfucker flat territory surrounding it with shit landscape and boring burbs. The farmland areas have shitholes with confederate flags in it, a distinct memory i have seeing on the way to carmel in marin county as a teen.

[Anonymous No.28926099]

>>28925315
>Options are "scary" to most people and there is a chance of losing money if you fuck it up.

n00b here about that subject.

I can tolerate losing money (to a point) but is there also a risk of also ending up owing money doing that ?

[Anonymous No.28926103]

>>28926032
I played ice hockey in Pasadena sometimes as a kid.
>t. grew up in Alta Loma

[Anonymous No.28926132]

>>28926059
>Yeah, San Jose is exactly like pasadena except hotter
San Jose is a lot bigger with a broader variety of biomes objectively speaking

[Anonymous No.28926140]

>>28925902
You probably only lost a couple grand at most I assume? It's just tuition money basically, most people lose money at first, just make sure you learn from the mistake.
It's up to you whether you'll learn to cut your losses instead of falling into the sunken cost fallacy. Are you really staying in AMC because it still offers the best risk-reward for gains? Or are you just staying in because of a sunken cost fallacy or pride not to realize a loss? If you know you can get faster gains elsewhere, learn to cut your losses and move your money to a better place

afaik, AMC only went up because of pure hype and they had literally a few months left of liquidity before this. Only reason they can stay liquid for a bit longer is because they diluted stock which isn't any better for you
it could still moon, but that risk-reward is shit

[Anonymous No.28926167]

>>28926059
>hotter
christ I thought by moving out here I'd have nice weather. summers just never end, at least we're in the 3 pleasant months
still beats chicago at least in terms of weather. everything else is worse though.

[Anonymous No.28926172]

>>28924360
Postgres

[Anonymous No.28926180]

>>28926099
As long as you aren't selling "naked" calls you're good. If you were you'd know

[Anonymous No.28926197]

>>28926140
this is good advice

[Anonymous No.28926218]

>>28926092
Carmel isn’t in marin bruh marin is north of sf

[Anonymous No.28926242]

>>28925876
What are the pros and cons of being too diversified?

[Anonymous No.28926245]

>>28926132
it is like LA except just the inland parts. traffic, """architecture""", weather are all the same
>>28926167
you moved to the hottest fucking place in LA. I don't know how anyone survives there, get to the coast asap

[Anonymous No.28926250]

>>28926218
u want to link up and dock cocks together

[Anonymous No.28926291]

>>28926245
>San Jose is just like LA
This is how I can tell you are from horsefucker territory

[Anonymous No.28926300]

>>28926250
No I live in the middle of the forest in trinity now I just fuck bears and jizz into WILD AND SCENIC streams

[Anonymous No.28926317]

>>28926291
I grew up in Newport Beach, sorry I know a shit city when I see one

[Anonymous No.28926346]

>>28926245
>I don't know how anyone survives there
it's still milder than the midwest, but yeah. I moved here for work and would rather not sit in 4 hours of traffic every day.
however I get to pay pasadena housing prices which makes me wish for a housing bobos to arrive every day. nobody should be paying $550k for a 70-year old studio apartment in a town that has no draw whatsoever.

[Anonymous No.28926350]

>>28926300
you ever actually see some satanic ritual type shit out there in the klamath forests or whatever

[Anonymous No.28926392]

>>28926350
No just weed farms and methheads

[Anonymous No.28926411]

>>28925866
Didn’t you lose 10 grand from buying in at the very top and holding through $200-$100 a day drops. No one is buying those bags. You’re going to hold them as a reminder.

[Anonymous No.28926422]

how to into options. i know the very basics but too scared

[Anonymous No.28926419]

>>28926317
newport beach would be nice to live in if i was old white and on xanax

[Anonymous No.28926425]

>>28926180
I'm still a bit smoothbrained but naked calls is selling call options on the open market without owning the underlying security, right ?

[Anonymous No.28926456]

>>28926392
sounds beautiful unironically my favorite drives in the world are along trinity county coast makes me want to smoke meth and hit the road

[Anonymous No.28926465]

>>28926425
Yep. Most brokers won't even allow you to do it so you have to really want it to get going. It won't happen accidentally

[Anonymous No.28926522]

>>28926419
It's the best city in california, anon. My childhood was like everything the beach boys ever sang about, and I'm 25. Literal /pol/ wet dream, and I mean that in the least cringy way possible

[Anonymous No.28926548]

>>28926317
>>28926291
>>28926245
>>28926032
>>28925980
>>28925784

Cali posters, how would you rank this zipcode - 90029

[Anonymous No.28926599]

>>28926456
Trinity county has no coast
THIS DUDES A FUCKING PHONEY

[Anonymous No.28926622]

>>28926242
when your best pick moons +100% you realize your overall portfolio only goes up +10% because you diversified for the sake of diversifying in random crap like you were playing roulette with stocks

focus your money in your best picks, you're not a hedge fund that has a lot of restrictions. You probably already watch your stocks daily anyways and can react much faster since your entire portfolio can be liquidated in an instant unlike a big fund. I doubt you can even follow up on all the news/earnings/etc on 5 picks/sectors, and even if you were, is it really worth the time and effort given the gains you're expecting?

you can think about diversifying when you feel like you're risking more than you can afford to lose in a single pick, and I really doubt you're at that point yet. Like is a whole paycheck really the most you can risk in a single stock?

[Anonymous No.28926624]

Bread
>>28922692
>>28922692
>>28922692

[Anonymous No.28926633]

>>28922788
what merger? what am I looking at?

[Anonymous No.28926638]

>>28926522
>Literal /pol/ wet dream,
Why the fuck do you think this is appealing why would i live in some all white republican shithole when a couple hours south in san diego i get better cliffs better beaches better views without being in all white freakshow circus where i'd see Blue Lives Matters Ford F-150's all over the place. San Diego is objectively superior in all ways which is why I'm trying to get a down payment on there Fucking sounds awful
>>28926599
whichever one is west of trinity im drunk.

[Anonymous No.28926642]

>>28926465

So only the likes of Melvin can do that, huh

[Anonymous No.28926663]

>>28926599
It's close enough to the water, bro. It's not like he's in fucking Colorado or something.

[Anonymous No.28926734]

>>28926638
We welcome all races anon, even the swarthy ones like you! I am simply saying it's like going back to the 50s.

SD is very nice. I'd seriously consider going there if I knew anyone that far south.