/smg/ - Stock Market General - Educational Edition

[Anonymous No.8443902]

Popular brokers for stock trading:
Robinhood
>commission free and no minimum to open
http://www.robinhood.com

> How is it free?
Robinhood earns revenue by collecting interest on cash/securities and fees from their Robinhood Gold service

> It's been X days, why isn't my account verified yet?
Not being approved in 3 days seems to be the new norm. Nevertheless, call/email their support if you've been waiting more than that.

> When is it coming to my country?
The only "plans" are on an Australian and Chinese beta. Neither of which has gained much traction.

Interactive Brokers
>$1 commission per 100 shares. $10k minimum to open, $3k if 25 or under. Lowest margin interest. Free API access
http://www.interactivebrokers.com

TD Ameritade
>$6.95 commission per trade. No minimum to open. Fantastic data/charting through their free ThinkorSwim service
http://www.tdameritrade.com

Degiro (Cheap broker for Europeans)
http://www.degiro.eu

Free in depth charts:
http://www.tradingview.com

Premarket Movers:
http://www.nasdaq.com/extended-trading/premarket-mostactive.aspx

Earnings Report Calendar:
https://biz.yahoo.com/research/earncal/today.html

Biopharma Catalyst Calendar:
https://biopharmcatalyst.com/

Pump and Dump Advertising:
https://stocktwits.com

S&P 500 VIX Futures (For SVXY/UVXY, higher is better for UVXY, lower is better for SVXY)
https://www.investing.com/indices/us-spx-vix-futures


Previous Thread >>8440391

[Anonymous No.8443955]

AMRS predictions for this week?

[Anonymous No.8443962]

how long can 2700 hold?

[Anonymous No.8443988]

>>8443955
Same as today. Lots of volatility, shorties looking for entry, big block buys on dips. Optimistically it'll close the week at ~$7

[Anonymous No.8444007]

I want to get off Mr Bones Wild Ride.

[Anonymous No.8444022]

ok back to options talk.

basics..
there are regular options you can buy - calls and puts - contracts you can create.

you can sell these contracts you created on the market..

you can buy and trade already existing contracts..

right so far?

[Anonymous No.8444081]

>>8444022
its after hours broski, you're on your own

[Anonymous No.8444104]

>>8444081
took what I could get, appreciate it folks,
even though im getting lost in the 11th hour, I got good info diving right in

[BagholderExtraordinaire !kDjFcJuZkQ No.8444110]

>>8444022
I don't know about how they go about making the contracts, some securities don't even have options.

[Anonymous No.8444118]

>>8444104
dont forget to join us for the nikkei ass raping in about 3hrs haha

[Anonymous No.8444122]

>Nikkei 21,100

[Anonymous No.8444130]

If we're already talking options can someone give me a brainlet-friendly rundown what the VIX actually is and what it tracks?
Is it just an abstract option layering construct that eliminates all the influences except the vega?

[BagholderExtraordinaire !kDjFcJuZkQ No.8444137]

>>8444118
If what happened in America is any indication, those nips are going to crash faster than a zero at pearl harbor.

[teh profit !1HSeHmYKrU No.8444138]

>>8444022
im going to save you and whoever else might try to type out a thorough explanation of options in 2000 char limit posts a good amount of time.

https://www.youtube.com/watch?v=TBAQtjyqNHw

https://www.youtube.com/watch?v=SuTTzfa4ePE

watch those, they are really simple and well explained, if a bit long. you watch those and youll atleast have a slight understanding of they trade, and how they increase and lose value

[Anonymous No.8444144]

>>8444137
see
>>8444122

[Anonymous No.8444145]

>AVGR EPS: -$10.40
>held 2 shares

[teh profit !1HSeHmYKrU No.8444156]

>>8444137
how can i short japan?

[Anonymous No.8444158]

>>8444137
they already did in futures 20,900
but now quickly rebounding, still the yen is gonna get too strong because of these PUSSY carry traders
Fucking PUSSYS

[Anonymous No.8444178]

>>8444145
Holy shit and I thought Oracle was bad!

[Anonymous No.8444192]

>>8444156
EWV

[Anonymous No.8444197]

God dam it, why didn't I buy OLED

Is this apple thing actually a thing?

[Anonymous No.8444210]

>>8444178
That's an EPS beat on their part btw.

[teh profit !1HSeHmYKrU No.8444229]

>>8444192
>3x leveraged short etf
fuck yeah anon, this is exactly what i was looking for, thank you

[BagholderExtraordinaire !kDjFcJuZkQ No.8444230]

>>8444156
I don't know, never thought to try.

[Anonymous No.8444250]

>>8444230
Nadex options

[teh profit !1HSeHmYKrU No.8444262]

>>8444110
unless im totally off base, i think when you sell to open you are called the options writer. i thought thats how they were created

[Anonymous No.8444289]

>>8444197
OLED took a massive dump this month

[Anonymous No.8444333]

>>8444110
yes, but I mean..
there is a difference between me going on RH and creating/buying an option with my choice of strike date and price target..

and buying an already existing contract on the market?

[BagholderExtraordinaire !kDjFcJuZkQ No.8444342]

>>8444262
Yeah I get that, but like I don't know how they go about creating the strike prices and dates. If you look at spy, they have strikes every 50 cents like twice a week. While some stocks only do monthly strikes with like $2.50 between strikes.

[BagholderExtraordinaire !kDjFcJuZkQ No.8444358]

>>8444333
I don't think there's a difference at all.

[teh profit !1HSeHmYKrU No.8444360]

>>8444250
one of these days im going to take out a small amount, like a grand or so, and see how fast i can lose it trading binary options. youve definitely piqued my curiosity about it, and the percentage based commissions would be even more advantageous if i was using small positions

[Anonymous No.8444380]

>>8444137
Kek

[Anonymous No.8444383]

>>8444289
It's about 50% of it's OG value.


Waiting until it gets to 80 to buy it.

[Anonymous No.8444400]

>>8444360
Don't blame me for your losses man haha.

It depends how you play em. They have 5min options which can make money quick, but its some shit to deal with haha. I'd recommend experience in FX first.

[Anonymous No.8444411]

>>8444358
so if you have a stock and thought of a strike date and price target.. you would go ont he market and buy an already existing one..
or when you 'create it' with your parameters, does it search already existing contracts and buy that one for you

[Anonymous No.8444439]

>>8444400
>>8444360

tldr; you'll lose that 1K

[teh profit !1HSeHmYKrU No.8444450]

>>8444400
kek nah i wasnt blaming ya m8. i aint gonna sue you, no worries. and id be happy to lose some money if i can learn something from it

[Anonymous No.8444449]

What are the latest thoughts on KTOS?

[(Comfy) !!7iCGIecbnK/ No.8444471]

A good day for the fund

[Anonymous No.8444506]

What is GE's net liquidation value per share?
Asking for a friend.

[Anonymous No.8444527]

>>8444450
I'm teaching you for free broski. Save your cash. What you should do is open a demo account with nadex. They give you a 25K to practice on the live markets man, do demo first.

[BagholderExtraordinaire !kDjFcJuZkQ No.8444529]

>>8444411
I don't know how your broker works, but I just open up the option chain, and then pick a date and it lists all the calls and puts for several different prices. Then just put in an order, and it either fills or it doesn't.

[Anonymous No.8444541]

>>8444411
Checked for aesthetic

[(Comfy) !!7iCGIecbnK/ No.8444565]

Things going into the fund Thursday:
Brk.B puts
Bgfv calls
Sunrun calls
Coke calls

I'm trying to guide the hedge fund to more long term meta-memes. What other maymays seem pervasive in /smg/?

[teh profit !1HSeHmYKrU No.8444574]

>>8444506
probably nothing. if youre worried about getting fucking anything out of them when they go belly up, you shouldve been holding their bonds. shareholders get paid last.

>>8444527
>paper trading
no shit, huh? i thought last time i checked that they didnt have it. i must just be retarded. im definitely going to be doing this on days where i dont have any cash to make trades with.
i appreciate the advice

[Anonymous No.8444602]

t. derivatives trader

>>8444110
>>8444342
Strike width and range are determined by the exchange. They can allow for contracts to be created using whatever strikes they want, based on liquidity, market cap, volatility, etc. Its generally based on some general measure of 'size'. You can create exotics with specific strikes and dates outside these parameters, but unless you need to it's a waste of fucking time

>>8444411
>>8444529
When you buy, your order will get placed and added to the 'depth' of the market. For example, there might be 10 people wanting to buy a March 120 call at $6.10, but only 2 people wanting to buy a March 120 call at $6.15. When someone decides they want to sell this March 120 call, they will sell to the highest bidder ($6.15). The same goes for selling.

[BagholderExtraordinaire !kDjFcJuZkQ No.8444616]

>>8444565
The sell off should be over Thursday, I'm going to long SPY probably Wednesday power hour.

[Anonymous No.8444619]

>>8444574
Definitely retarded haha. Nah man, its good to practice on that shit man. Cuz here is what will happen:

>Binary options are awesome
>I'm gonna do the 5min contracts
>Oh shit, i lost my 1K. I'm gonna put in 5k and do it for real
>Oh shit, i lost my 5K.

Would you rather lose that money in a fake money account or real money? Demo nadex broski, you'll have fun.

[Anonymous No.8444621]

MArket Neutral positions on the nikkei at open
ratatatata

[Anonymous No.8444643]

>>8444621
On what platform?

[Anonymous No.8444664]

>>8444565
XON
CTRL
SGMO

[Anonymous No.8444676]

>>8444565
>shorting Brk
>longing big 5 sporting goods

This is the sage wisdom I come to this board for.

[Anonymous No.8444706]

>>8444621
>tfw no prehensile tail
Why even bother?

[Anonymous No.8444713]

>>8444676
You have to be bold as an investor m8

[(Comfy) !!7iCGIecbnK/ No.8444714]

>>8444616
What's expiry date will you use?

>>8444676
BUFFET WILL DIE SOMETIME

>>8444664
Thx

[Anonymous No.8444729]

https://www.morganstanleyfa.com/public/projectfiles/onthemarkets.pdf

read up nerds

[BagholderExtraordinaire !kDjFcJuZkQ No.8444731]

>>8444714
4/20 no scope

[Anonymous No.8444753]

>>8444643
nadex

[teh profit !1HSeHmYKrU No.8444762]

>>8444619
kek. no i definitely would rather paper trade. i was just unaware. do you know if i can get a demo account without giving them all of my info? or should i just bite the bullet

[Anonymous No.8444792]

>>8444762
no info needed man. Not until you start doing payment shit. Just a screenname

>>8444753
Okay i thought so, but i wanted to check

[teh profit !1HSeHmYKrU No.8444796]

>>8444676
fuck buffett honestly. his strategy is a snorefest and most people dont have the timeframe or funds to deal with the drawdowns that you would run into if you were just buying and holding. especially not if we actually go into bear market territory

[(Comfy) !!7iCGIecbnK/ No.8444798]

>>8444731
>tfw you can only afford to buy above 280

[Anonymous No.8444808]

AAAAAAAAAAA WHY IS EVERYTHING CRASHING

[Anonymous No.8444847]

>>8444796
Dividend growth is best growth

[teh profit !1HSeHmYKrU No.8444850]

>>8444792
>Okay i thought so, but i wanted to check
kek. you ARE a very effective nadex shill. and i dont mean that in a negative way. cheers. will post back in a couple days to post my paper losses, and then you can call me a faggot like i will probably deserve

[Anonymous No.8444851]

>KTOS is up
Are memestocks inherently countercyclical?

[teh profit !1HSeHmYKrU No.8444874]

>>8444847
youre not wrong. but it doesnt really help as much if youre starting from the absolute bottom like most of us /biz/ peasants. buffetts strat would fail terribly for most people here who only have a couple k or less

[Anonymous No.8444879]

>>8444621
>market neutral
what does this mean please

[Anonymous No.8444916]

>>8444850
I make no promises, but I can tell you that I made a good stack of cash from nadex eventually. It's better to use demo because it exactly replicates the real market. Once you start making money on demo, switch right over to paid and turn it to real money. Its casino shit, but you can get better odds than the casino. Take some money, make some money, and roll out with some drinks and shit.

>>8444879
Like neutral. To the market. Yknow? Same price as the market, almost like you bought the market. Not too hard to understand i don't think.

[Anonymous No.8444925]

Im thinking about buying puts on South africa. call me a /pol tard but I think the handwriting is on the wall for another Zimbabwe

[Anonymous No.8444951]

>>8444925
ticker is EZA

[Anonymous No.8444964]

>>8444925
I got a broker in the Maldives that will get you puts on south africa, just let me know.

Poltard

[Anonymous No.8444994]

What is everyones sentiment on tommorrows market? I held sqqq overnight for potential selloff in the morning. It did a good hedge against some longs today.

[Anonymous No.8444998]

>>8444925
I always keep a few dollars on a zar short incase it goes full bolivar
but dont put too much because they are taking great effort in strengthening the zar

[teh profit !1HSeHmYKrU No.8444999]

>>8444916
>Take some money, make some money, and roll out with some drinks and shit
and if i can get it to work, then i will definitely owe you some drinks
>>8444925
this is absolutely what is going to happen. just because /pol/ is the only one who cares about the boers (they arent, i love boers and rhodies) doesnt mean that south africa isnt absolutely going to crash and burn. dont forget to short the fucking rand too

[Anonymous No.8445022]

>>8444994
could go up or down

[Anonymous No.8445061]

>>8445022
Buy straddles if you're so sure of that.

[Anonymous No.8445078]

>>8444999
What a lovely post number. Fuckin checked.

Anyway why do you like Boers so much?

[Anonymous No.8445087]

>>8444999
Dub trips confirm. Everybody owes me drinks haha

[Anonymous No.8445102]

[Anonymous No.8445160]

are we /drinking/ today?

[Anonymous No.8445168]

>>8445102
>>8445160
Finally someone drinkin with me. I started for powerhour. I'm already blown waitin on the nikkei now.

[Anonymous No.8445182]

>>8445160
>>8445168
well, I guess now I have to...

[teh profit !1HSeHmYKrU No.8445184]

>>8444998
>but dont put too much because they are taking great effort in strengthening the zar
hahahah thats a good one. how are they going to do that? by destroying all of their industry and driving out all agricultural producers? the ANC is about as corrupt as it gets, and zuma is on his own level of insanity. they will make sure that THEY get paid before they do fucking anything to help their country.

i hate to say it, as i have friends over there, but SA is absolutely FUCKED

>>8445022
lets just hope it doesnt go left

>>8445078
i have sympathy for them because they are in almost the same situation as americans would be if we didnt wipe out all of the indians. and like i said, i know folks over there. the boer are getting more or less slaughtered wholesale. they certainly do not deserve it. as to anyone who would say, "why dont they leave?" well, theyve been there for many generations. and like it or lump it, they built the fucking place. the only people that WERE in SA when the boers came, were the khoisan, who are a very much peaceful tribe. the bantu and zulu came in after the boer had built it up, then got used as a puppet army for a commie proxy war, and have done nothing but ruin their beloved nation since coming into power.

boer are good, hardworking, if stubborn people. they dont deserve to be eradicated, and i know goddamned well that not a single first world nation will accept them as immigrants. the whole situation is FUCKED and i simply feel deeply about helping people who are legitimately facing a genocide

[Anonymous No.8445203]

>>8445160
I used to be a major league drunk but trading stocks makes me glad that I don't really drink anymore. I wouldn't be able to resist the urge to do incredibly ballsy (and retarded) shit and I'd probably lose a lot of money.

[Anonymous No.8445217]

>>8445203
Thats why i drink when it closes haha. Real shit.

>>8445182
Cheers broski

[Anonymous No.8445260]

>>8445203
good for you anon
I used to be a major league pothead and quitting was the best decision I've ever mad

[(Comfy) !!7iCGIecbnK/ No.8445284]

>>8444925
This is a good idea

[teh profit !1HSeHmYKrU No.8445302]

>>8445260
i went the other way to be honest. used to drink like a fish, and now i dont at all. but i smoke like a chimney. the piff doesnt inebriate me nearly as much as the drinks do, so i see it as a lesser of two evils

[Anonymous No.8445308]

Went from -230 to +40 on my first options trades on RH what a ride.
Still holding though.

[Anonymous No.8445309]

>>8445217
actually I have a better Idea, Ill save my liver and go with triple xanax bar

[Anonymous No.8445324]

>>8445203
it is important to be relaxed while trading

[Anonymous No.8445337]

>>8445324
Relaxed, sure, but with your wits about you.

[Anonymous No.8445344]

>>8445309
You must be young, all you dam pill poppin whippersnappers. In my day, we just did normal drugs

[teh profit !1HSeHmYKrU No.8445347]

>>8445309
stay the fuck away from that shit anon. i dont mean to sound like a fucking mother, but that shit is straight up the fucking devil. ive lost a lot of friends to that shit. they are all either dead, having seizures, or in fucking jail.

[Anonymous No.8445361]

>>8445347
What about the one homie who died from a seizure in jail right?

[teh profit !1HSeHmYKrU No.8445366]

>>8445344
isnt that what reds used to be though? barbs right?

[Anonymous No.8445373]

>>8445347
I've been on a low dose of Xanax (from a doctor) for years. Like most things, it depends on the user and the amount.

[Anonymous No.8445396]

>>8445344
im 25 Im just prescribed everything
I usually just drink gin but Im out and I dont feel like going to rite aid


>>8445347
heard it, seen it... makes no difference
>>8445347

[Anonymous No.8445409]

>>8445373
That sounds extremely safe. Did i tell you about my broker in the Malidves?

>>8445366
Doin it once or twice and shit is alright, but that shits all dangerous. May as well do heroin, its cheaper for a stronger buzz. Xanax is pussy shit, if you wanna go down that route of life.

>>8445396
Oh you're the gin man. Cool broski, i remember you man. haha

[teh profit !1HSeHmYKrU No.8445410]

>>8445361
ha ive known someone who went through w/d in jail. ironically he is the one who actually was able to quit it. but yes, he did have a fucking lot of seizures while in jail

>>8445373
yeah its just my personal hatred for them getting in the way. they are effective as shit for managing anxiety, but the risk for chemical addiction happens in the first couple of weeks, even taken as prescribed.

[InsufficientFunds !J9gtlsEGgU No.8445437]

CHFS has earnings premakret tomorrow FYI

[Anonymous No.8445482]

>>8445410
Yeah I'm definitely dependent but I've been on the same dose all along. My doctor wants to get me off of them but needs to find something else that works first.

[Anonymous No.8445552]

So despite all the red, I had a +6% day. How about the rest of you?

[Anonymous No.8445556]

>>8445482
Drugs dont work, you need to sell more memes

[teh profit !1HSeHmYKrU No.8445560]

>>8445482
now i aint a doctor, and what im about to recommend to you isnt an FDA approved drug, but look into kratom. its an herb from south east asia that is very useful for helping you ease off of much harder drugs. i myself have used it to quit heroin and i know others that have used it similarly, or to quit drinking etc.

just whatever you do, dont try quitting benzos cold turkey. its fucking harsh

[Anonymous No.8445563]

>>8445482
become /fit/

[Anonymous No.8445565]

I think the nikkei will go up after open, theres a path of least resistance that way, but then idk after the first hour

[Anonymous No.8445586]

>>8445560
I used heroin to quit kratom, worked pretty well

[teh profit !1HSeHmYKrU No.8445603]

>>8445552
+3.5%
wouldve been better if XXII did absolutely fucking anything at all though. shits flat. crazy too, as i just heard them talking about nicotine free cigs in the news. and XXII is the only one who can do it, to my knowledge, or atleast they are the only one with the patents.

>>8445586
kek. i would say that would work very well indeed

[Anonymous No.8445604]

>>8445552
Fun day.

[Anonymous No.8445605]

>>8445565
By "go up" do you mean it will rebound from like -600pts or do you mean its gonna go green? One of those i'd believe

[Anonymous No.8445648]

>>8445605
If it opens up in the same area as the 24 hour cfd, +200 points from there
UNLESS It reaches that poiint in futures. If it does, that may also mean BOJ is pushing for a breakout upwards, still 1.5 hours to go

[Anonymous No.8445657]

Weekday drinking?

All in on Anheuser Busch on open

[Anonymous No.8445670]

>>8445657
Smirnoff here. Whatever company that is.

[Anonymous No.8445684]

>>8445603
My view about XXII would be a new breed of low nicotine tobacco

MO or PM may very well be interested in it to produce cigarettes with less nicotine content... which should make them sell more cigarettes since smokers will smoke more to get their fix

What do you think ?

[Anonymous No.8445696]

>>8445560
>kratom
I'm actually just now weaning myself off of this stuff after a couple years of heavy use. It helped me quit drinking but then I got addicted to it. Don't let anyone tell you it's not addictive because the withdrawals I get are harsh. But it did serve its purpose, just as you say.

[Anonymous No.8445815]

pretty based so far

[teh profit !1HSeHmYKrU No.8445829]

>>8445684
i honestly think that is exactly whats happening. there have been coordinated short attacks the past couple days, and then they just cover in premarket, jacking up the price, making it look like its about to pop. rinse repeat. i actually managed to sell off about 200 shares in PM this morning by just setting a limit way too high in anticipation of this. perhaps big T is trying to keep em down and force them to sell their patents. couldnt say. but check the pre market graphs to see what i mean

>>8445696
well im sorry to hear that anon. it is a useful tool for getting off the hard shit. but it too often turns into a crutch of its own. the only w/ds i ever got, was that it was hard to sleep kinda for like a week. the problem comes from taking it daily, but this is exactly what you have to do with it in order to wean off of the bad stuff. but hey, atleast it aint suboxone. its too bad that there cant be an honest discussion about its benefits and drawbacks as a medicine though. as you said, one said says its completely harmless, and the other side says its worse than fentanyl. all in all, i know it would take a huge bite out of the opiate epidemic, so i wish everyone would stop being so retarded about it.

[(Comfy) !!7iCGIecbnK/ No.8445837]

>>8445684
I might buy $3 calls

[Anonymous No.8445851]

I sold my UVXY weekend hold today but I wanna play the upcoming FED Shitposting, do I just reenter or is there another way?

[Anonymous No.8445972]

Also how long does it take to get options on RH, I've been waiting since the start of January

[Anonymous No.8446022]

>>8444851
Fighting off a blatant fud attack by serial shorters. If your not loading up at this discount you are leaving money on the table anon.

[Anonymous No.8446174]

I feel sleepy, need to stay awake, 1 hour until it opens

[Anonymous No.8446187]

>>8445972
I got on the list in Feb and just got it today.
I think it has to do with your account profile I updated it on friday and got it today.

[Anonymous No.8446224]

>>8446187
Switched mine to "Expert" and "Speculative"

Fingers crossed because I think options are my best bet on the FED shitpost now

[Anonymous No.8446233]

Is anyone else confused why sunrun isn't going to the mun?

[Anonymous No.8446285]

>>8446233
sunrun follows the phases of the moon. sell now, rebuy during the next waxing crescent

[Anonymous No.8446449]

Bought FB calls today. Luckily it looks like FB was trying to cover something up so it's tanking AH

[Anonymous No.8446886]

7 minutes

[Anonymous No.8446927]

What's the most Bernie Sanders-tier stock to buy?

[Anonymous No.8446939]

>SQQQ, LABD, TECS today
WEW

[Anonymous No.8447045]

>>8446927
TVIX

[Anonymous No.8447308]

>>8443902
Anyone else making good profits swing trading GNC?

[Anonymous No.8447370]

>>8445160
chilled vodka with the occasional beer

[Anonymous No.8447542]

can anyone explain pro forma to me?
EVC just tanked after reporting -0.05 EPS pro forma.
motley fool is saying if they used GAAP accounting rules their earnings are actually very good.

i have no idea why they'd use pro forma if GAAP looked better or why theres a difference in the first place

[Anonymous No.8447566]

>>8447542
https://www.investopedia.com/articles/01/103101.asp

[Anonymous No.8447623]

>>8447566
so not only do i have to watch for company earnings, now i have to dig in and see if they're using fake earnings numbers.

god damn it

[Anonymous No.8448005]

5 hours left on the nikkei
0 progress made

[Anonymous No.8448217]

Nadex 5-min options are pretty much gambling aren't they?

What about crypto spreads?

[Anonymous No.8448562]

>keep trying to pick a good stock from areas of potential I know about
>all the companies i check are private

god dammit

[Anonymous No.8448588]

>>8448562
>Actually researching companies
>Not just buying meme stocks on a whim

[Anonymous No.8449694]

Nips please.

[Big5Guy !JsYyJw4ORs No.8450324]

>>8443902
i seriously hate that fucking picture, so fucking stupid