/biz/ - Business & Finance

first for pls SPY crash on Monday

>>10831102
this is a meme opinion and is wrong

>>10831102
Second for pls UVXY go up just 30 cents so I can sell my calls.

Can sum1 teach me what the greeks mean?
:PP

SELL AMD

Anyone buying SPY Oct puts?

who here having stock market withdrawal syndrome?

>>10831329
not yet desu
IV is too high from smol specs jumping the gun

>>10831262
dont go long UVXY senpai
contango is a bitch
buy VIX calls and hedge w UVXY/VXX puts

Any free simulators with real time quotes and level 2?

weed gonna crash so hard this week

>>10831312

kys

>>10831344

just trade crypto on the weekends. you can still buy high and sell low

>>10831467
How come?

>>10831511
it pumped like a mofo last week

>>10831175
No it not! S&P super over bought, it propped up like mad on Friday, people buying 7000 lot walls with tact

I have $45,000 in my checking account. I realized how fucking stupid it is just to have it sitting there. I'm thinking of putting it in a money market account and leaving $10,000 in my checking.

>>10831587
>being able to eat yourself out
yes please

>>10831592
Money market accounts barely beat inflation but it's still a good idea.

>>10831478
after you, ma'am
ladies first

wew
https://twitter.com/Tesla/status/1033191002033381376
its literally ogre
this shit is gonna fall right out of the sky
if he cant provide evidence that funds were secured at the time of that tweet (which he still HASNT), then hes actually going to prison

stupid faggot needs to get off of twitter before he tweets himself into even more trouble

>>10831587
the reality is
Its underbought
3000 end of year

spoiler, sadoko was a hermaphrodite

Anyone investing in TEVA? Warren Buffett keeps buying it.

>>10831265

>Delta
How much the option will increase in price for every $1 move of the underlying security. DIA is around $258 so say it went up to $259 the option's value would increase by that amount.

>Theta
Time decay, basically how much value the option loses per day. And Theta starts to increase the closer the option gets to expiration until the option eventually expires worthless.

>Gamma
How much the delta will increase for every $1 move. Think of Delta as the speed and Gamma as the acceleration. As options get further in the money Delta will eventually approach closer to 1.

>Vega
Vega is the amount call and put prices will change, in theory, for a corresponding one-point change in implied volatility.

>Rho
the amount an option value will change in theory based on a one percentage-point change in interest rates. It's not very important if you're doing short term options (less than 6 months or so). But if you're doing options that are longer than a year then interest rates could affect them.


Theta and Delta are the most important greeks honestly, if you've got a good handle on those then you'll do fine.

>>10831587
>my buttcoin doesn't get here till Tuesday and I'm going to miss the market crash by 1 day
Correction on Monday confirmed

incoming earnings for BILI.

Hmm, I'm stumped.

>>10831798
campbells soup

>>10831674
>israeli company
of course he would buy it, it's to show support for the motherland
Israel is in a strong position to ride out a recession or collapse

btw, after TSLA is done, BABA is the next big short.
https://deep-throat-ipo.blogspot.com/

Monday is going to be a circus. Who's stocking up on snacks and popcorn.

>>10831871
>shorting TSLA
It's going straight to $1000 by 2020 you mong. if you're not buying it RIGHT NOW you are a dweeb.

>>10831871
>BABA is the next big short
I am not quite sure about that
It is a scammy chink (pleonasm) company that doesn't reward its shareholders.

But it is pretty much systemic in China and owns a big chunk of the payment netword.

I wouldn't touch that shit, either long or short.

>>10831861
thanks, i'm now hungry.

>>10831922
Shorting Tesla with 3x leverage is the safest and most prudent action the modern investor can take

I currently own:

Emerging market ETF
SPY index fund
Danish index fund (I'm Danish, so there)
An active investment fund (value strategy)

Thinking about getting into another index fund.

FTSE 100 or DAX 30??

>>10831952
Sell emerging market, they are getting fucked as USA grows stronger and stronger.

>>10831926
Doesn't matter what it does in china. it traded in america which sets the price. I'm not saying short now, hell may be even worth going long now for the hype. I am saying keep an eye on it for the fishy "Aha!" moment that the public won't catch right away then offload onto dumb money and change your position.

I'm learning my way around trading. Prior to joining my job at one of the banks as a developer, I did a brief foray (a few months) by doing swing trades on technicals, and shorting retail (SHLD dying like a bitch).

However, I am restricted to trade as follows:
-Cannot short.
-Must get pre-approval to buy or sell.
-Must hold positions for a minimum of 15 days.

So this means I need to play the buy-and-hold game, or learn options (I didn't see any restrictions on buying puts, but I would need to doublecheck). Atm, I have a small position on Micron, hoping for another EPS beat.

What strategies are recommended within these restrictions? My current plan is to programmatically:
-Scan earning days for 15-30 forward business days.
-Do EPS analysis for those companies (beat/miss by quarter)
-Intersect with a low RSI.

Is there any other advice?

>>10831938
on papertrade!

>>10831952
just go 100% SPY

>>10832039
Fun and impossible fact of the day, if you start with a smol amount of $50 and gain 4% everyday for 365 days with no losses, you will end up 82 million dollars. f00kin easy m8

>>10832133
thats 76 million noob.

>>10832191
76 million happens on day 363, you pleb

>>10831511
Everything is overbought. RSI way too high on Canopy, Aphria, Cron.

>>10832210
You didnt take into account the weekends either noob.

>>10831918
Yep. I dunno about the popcorn but I do have my portfolio 90% in cash now. Will be waiting for big drop and low support established before reentering anything.

>>10832258
>overbought
Isn't this because of foreigner's money going whole hog on the American market in fear of the trade wars exploding the emerging markets.

>>10832133
50*365=$18250
lol fuck off moron

>>10832261
>not trading bitcoin on weekends
It's like you don't want to make it or something
>>10832346
Pic related or you are a total brainlet

>>10832299
No, weed sector is propped up by fomo hopes and dreams.

>>10832133
So, buy 2 shares of amd?

>>10832367
>he fell for it

>>10832393
SELL

>>10832367
Its more like bitcoin itself doesnt wana make it

>>10832416
>my face and your face when I take the bait

>>10832431

>>10832444
checked
Pic related is the funniest b8 i've seen on /biz/ in a long time. Toppest kek

>>10832538
heh

I started a year ago in stocks. Is this year a normal year for how stocks usually go? Other than the correction and korea/tradewars bullshit Ive noticed alot less volume on some of the big stocks and at times prices seem to be more easily manipulated then just fall back to normal shortly after it reeks of bullshit. It really is something when even warren buffet goes out and buys apple theres so much speculation on stupid tech companies.

>>10832576
This year has been more volatile than average but nothing wildly out of the ordinary.

>>10832576
Use pic related strategy
It has had a nice track record so far this year

>>10831344
Forex is 24/7

>>10832841
It was annoying having all this bullshit going on where people all of the sudden cared about geopolitics and other bullshit while the economy is doing pretty good right now.

>>10833152
it's not, it closes on friday with the NYSE and opens on sunday with the newzealand stock exchange

next week occult market prediction happening soon

>>10833152
>24/7
You mean 24/5

>>10832133
4% a day is quite impossible

>>10832299
this why we know market gonna correct soon
too many foreigner money bought in last two weeks

>>10831664
w-whats your short spec price level of capitulation? O.O

>>10831769
there really are astronomical amount of shorts, there no way not short squeeze on monday
we probably gaping up to 290 ;_;

Thoughts on $SHOP? Looks like a buy to me but idk

holy crap soros alchemy of finance am TOO HIGH IQ 4 me
he somehow wove concepts of life and death juxtaposed to the markets together

>>10833513
I wanted to read that book next maybe I read alot of some basic stock books. How is soros writing style does the book contain some good knowledge? a few of my stock books are just flatout buy the index I knew some traders that lost all their money with options blah blah blah.

>>10831444
IB paper trading.

>>10833439
At least Tesla is always there to short
UwU

>>10833299
I've drawn the cards, I'll write up my interpretation soon. Gotta eat first.
>>10833601
Elon actually showed up in my tarot reading, more to come.

>>10833551
its defff the most abstract finance book, he doesnt talk about trading at all, just some weird interactions between certrian aspects of market, his "theory of reflexivity"

hard to say how valuable it am for trading

>a few of my stock books are just flatout buy the index I knew some traders that lost all their money with options blah blah blah.
dont get why there are so many finance books like this ?_?
am thinking they are all FUD trying scare people away from trading and sell them ETFs

>>10833690
take a look at comfy and you'll see who this advice is for

>>10833690
>am thinking they are all FUD trying scare people away from trading and sell them ETF
Because 90% of people can't beat the market and don't have the time to get good or actively try

>>10833735
Honestly this very much. I'm a good example on why the average joe shouldn't trade

>>10833756
>Because 90% of people

90% of fond managers, as in PAID professionals, cannot do it.

>>10833439
Squeeeeeeeeeeeze

>>10831083

Lululemon will bring you good fortune from their Q2 report.

I'll be taking a large position beforehand in addition to 3 puts, expiring on 8/31, as insurance, a backstop, just in case.

In my fun account, I'll pickup $1000 to $2000 of calls or something. Be aware that there isn't a significant time premium attached to LULU calls -- buy into September or even October.

Ok guys honest question, I bough GE some months ago thinking of a recovery, but it seems that it will be long till I make some profit (bought at 14,17)

Do I hold a bit more?
Sell and buy some of that technological rush?

>>10833833
Stoopid Golden bull, even though I need to it up make money now I'm still bitter

>>10833883
>GE

Tariffs. What price did you pay? Honestly, I'd close your position and employ your money more profitably elsewhere.

>>10833900

Just noticed the price -- close the position. That's my honest assessment.

Just a reminder we have a room that'll open up pretty soon on Stocktwits

Check it out: https://www.stocktwits.com/r/SMGOfficial

>>10833917
why?

>>10833917
>stocktwits
No, thank you. Are you literally big fag guy?

>>10833933
>>10833934
I meannnnnn, it's not mandatory to join or anything.

>>10833911
Thanks, will look at closing the position this week.

Any recomendation as to what to get into? (less than 100$/per share)

>>10831798
Hey what do you think of BILI?

their app was undownloadable for the last month in china because of censors, think it opens up again today

this earnings will prob be shit

>>10833947
Hey you!... CEI...news when?

>>10833961
>investing in a chink company as a westerner

>>10833973
I'm hearing before August 31st fren. TA wise CEI looks really good right now. MACD crossing over, about to break parabolic SAR. Me likey.

>>10833735
>>10833756
>>10833769
kek
the best line me hear for this is, trading books are for people who confuse trading for gambling

just stick to one strategy, one time frame, one stock, one market, and autistically trade it until you start making money!!!!!

>>10833833
;_; pls anything but gap up, me swear will sell at loss on open! daddy market pls no pls

>>10833996
What's your target price?

>>10833958

Think about it -- it's what I would do in your position. There's a chance that it has bottomed however the tariffs will continue to weigh on the stock. If you don't already have access to options, you might consider purchasing a protective put while taking a long position. This functions as insurance against losses and is cheap provided it's > 10% outside of the money. If you can protect your position against any additional and significant losses, you could hold out until the trade situation improves.

Less than $100? I would say Lululemon before their earnings call this week, however it's trading at > $130.

I'm mostly into options but sit on MSFT, some banks and Canada Goose, all of which are protected with puts.

Why doesn't /smg/ have an official marketwatch sim game. like r*ddit?

https://www.marketwatch.com/game/official-reddit-challenge-2018

daily reminder: filter out tripfags to make /smg/ great again!

>>10834017
Knowing that every day of your existence is suffering is enough for me to keep coming back to these threads. I can't wait for you to die.

>>10833958
>>10834023

Read about put options as a form of insurance.

>>10834025
the top player is literally just leveraged shorting tvix

gay

Damn I wish I bought more AMD when it was only 9.85. Fml my gains could be so much bigger

>>10834035
Thanks will look at it

>>10833299
Next Week's Occult Market Predictions:

As usual, the top card is the overall situation and the bottom three are the contributing factors.

Overall Situation:
>The Star: Hope, Peace of Mind
Contributing Factors:
>The Chariot: Strong Will, Trimph
>Father of Wands: A man of mystique and charisma. Is able to hold steady and still during conflict.
>Mother of Cups: A gentle woman who can become aggressive and defensive when pushed.

The Star immediately rules out the possibility of a crash happening in the next week. Instead, we should will see flat and stable markets in comparison to last week's back and forth battle. Spreads "may" be profitable.

I'm almost certain the Father of Wands is Elon, who recently admitted that Tesla is not going private, despite his very public tweet that it was. To the father's right is the Mother of Cups, whom I believe refers to Elon's less sane side. Musk will be tempted to become defensive and aggressive this week, but I believe the center card means that he will be able to hold steady. The leftmost card reveals the outcome for Musk: Triumph.

This is just my interpretation of the tarot. I'm sure there are others. If you have any other interpretations, feel free to chime in.

>>10834030
replying to namefags only encourages them! just filter and enjoy a kneepad-free thread!

>>10834057
it's literally impossible for musk to win, SEC is gonna raep him now

>>10834021
I can see it going to .60 or even higher. If it pops, I'm going to wait until the next day to sell just in case it goes higher or something.

Whatcha guys think about KTOS ?

>>10834057
>using the gayest most reddit deck possible

my interpretation is that you will gobble down gallons of cum this week

>>10834038
anyone wanna setup a September-December game? same rules.

>>10834074
just set it up and post it, if people can hotjoin

>>10834073
I like the pictures anon. Occult probability magic does not require your autism approved decklists.

Hey /smg/ I'm looking to expand my dividend portfolio. I've already got FUSVX, FTBFX, KO, PEP, and PFE. What else would you recommend for a comfy income portfolio?

>>10834030
;_; me unironically getting tired of being sick

>>10834060
me only name fag so people CAN filter me, thank you for playing as intended :P

>>10834057
Does the father card correspond to the king in the Rider-White deck? ? Mother is definitely queen right?

>>10834047
Don’t worry, I thought about starting off stock investing with AMD when it was under 4. Pussied out, jumped in at 9.66 I still hate myself.

>>10834120
Yep, Father = King, Mother = Queen

>>10834057
NUUUUUUUUUUUUUUUUUUUUUUUUU

>>10834017
>autistically trade it
Yeah 90% of the people don't have the time for that in their wagecuck lives and will never out preform the market, just as >>10833830
said the pro mutual fund managers can't out preform the market
Give me one legitimate reason to make you believe the average retail investor can out preform SPY? If it was ez or often preformable don't you think everyone would be doing it?
This is some weird sort of COPE on your part cripple waifu

>>10833899
>>10834017
Listen here see, Bears will NEVER receive justice
NEVER

this isnt a movie
Golden bulls are Superior not only in the market, but in life. Infinite winning
Infinite pleasure

>>10834057
I wish I could get into tarot, it's a shame I made a blood oath with God to stop practicing chaos magic to establish a more stable conduit with Heaven

>>10834074
>>10834082
No point in a 4 month challenge
Might as well wait for Jan 2019.

>>10834174
>no point in a 4 month challenge
implying I won't get bored after 1 month

>>10834150
Thanks, I only ever use my special thoth deck so basically any other deck makes me super confus

>>10834069
What happened with CEI over the years that they went from high as the sky to bottom of the market? Curious. I see 2 instances where they split 1/25.

>>10834173
>Imblying Mormonism isn't deeply rooted in Masonic esotericism

>>10834174
Fine then I'll wait.

>>10834185
>the top player is literally just leveraged shorting tvix
ELI5 why is this bad. only 16 trades and this guy #1.

I read the Intelligent Investor a couple years ago.

I would like to go through this textbook when I graduate next year from engineering... but I doubt I'll have the energy/time... Have any of you read it, thoughts?

>>10834157
outpreforming SPY becomes hard when you are managing 100s millions of dollars yes, it because everyone tries praying on you

but small guys like you an me only working with 25 - 100k
have outpreformed SPY by like 200%
me strategy purely relies on actively managing SPY


>>10834164
your gonna get it one day, markets not go up forever
golden bull forever people are nothing but PYRIMID SCHEME LOVERS

>>10834233
I read security analysis
Its super interesting, mostly about fixed income investing

>>10834223
Yeah but that kind is okay and good :^))))
>tfw JS was a high ranking Mason
Based AF

>>10834173
>it's a shame I made a blood oath with God to stop practicing chaos magic to establish a more stable conduit with Heaven
faggot
chaos magic or bust

>>10834085
the drawings ARE kewl imo
i like the thoth ones tho

>>10833439
what exactly is this a plot of?
i mean, i see all of the tickers/currency pairs being divided and added to seemingly random numbers. what exactly is the logic behind this?

interesting to see all the tickers ive been watching (sans currency pairs) be part of this tho

Beating SPY is easy. Just leverage it. kek

>>10834237
>me strategy purely relies on actively managing SPY
You're objectively wrong. Every statistic on the face of the planet states that retail investors generally under preform or just fail. Stop projecting your own success on the average """investor"""

>>10834242
Really? That's unfortunate, bonds aren't what they used to be. That was a boring part of the previous book because it wasn't helpful.

Have you ever used anything about analysis of a company's market cap from the textbook?

>>10834229
Last time vix spiked it liquidated thousands of people leveraged shorting it. Wiped out all their gains instantly. Some guy lost 4 million dollars and 2 years of gains in one day.

Mutual funds often fail to yield high returns because they lack the liquidity to move in and out of trades like retail investors can. You can't just sell 25 million shares of netflix. They have to weather the storm and slowly liquidate.

>>10834237
What's the bottom?

>>10834211
You're overthinking it senpai. Just sell if it spikes.

>>10834237
Pullback when

>>10834237
Bakapad, I will never lose
Ill just sell when the monthly sp rolls over, top kek!
Winning!

>>10834276
yeah, they go over how to analyze balance sheets, why you are analyzing them, the implications ect
Its all very useful

>>10834321
I'm going to leverage buy SPY to crash the market just to spite you

>>10832538
the heh flows fiercely from this subject

>>10834321
>sell when the monthly sp rolls over
what exactly is your sell signal to determine this?
i know youre not an indicators kind of guy

>>10834331
DO EEEET
also movie when?

>>10831467
no its not.

>>10834319
>You're overthinking it senpai. Just sell if it spikes.
But it's interesting to see it go from ridiculously high stock prices to DRYS and HMNY tier prices, except in slow motion over the years. So what happened? I hear they're also selling most land to a former CEO of the company which is hilarious.

>>10834336
is too

>>10834321
>selling. Ever
False Golden Bull
>>10834335
9:30 mountain time
Because mountain time is best time

>>10834341
its a shit-tier oil micro cap
in 2014 saudis crashed the oil market to drive everyone out of business. since then id have to assume the management has been performing blood rituals to ease the suffering

>>10834354
>9:30 mountain time
this means less than nothing to me
at what time are we watching the movie?

>>10834354
>mountain time

>>10831312
I sold half. I bought at $12. Now I'm just riding on free money.

>>10834335
>what is your sell signal
the way the spx works when its rolling over:

>the vix will have been going up for awhile steadily
>a yield curve inversion in the previous 2 years
>monthly macd cross and MAs scrunthing together

Basically, its 100% and doing anything is retarded
Its the Ciavocco method

>>10834378
so you're the guy who unironically believes the "large specs always win" meme

>>10834378
so which candle are you hopping out on then?
the black boxes or the orange ones in the pic?

>>10834389
theyre always hedged so they kinda do desu

>>10834389
I dont even know what youre saying
Large specs do always win/control the market

>>10831312
>Mfw i never bought AMD
I am always wrong with my preditions :;_____;

At least dax 30 will go to moon i wont miss on that one

>>10834413
COT data has never backed that up lol

>>10834371
>>10834370
Ugh you illiterate easterners. The main movie will start at 11:30 EST but I'll probably have some previews rolling from 10:30 EST
Pic related is the address

>>10834408
Im exit when the monthly MACD crosses down

>>10834424
For the SPX? Of course it has

Sorry but who do think was able to bring the SPX down in the first place

>>10834308
https://sixfigureinvesting.com/2016/10/is-shorting-uvxy-tvix-vxx-the-perfect-trade/

>>10834425
play some milt memes
https://www.youtube.com/watch?v=THAaIZmxfNA

>>10834427
ah i gotcha
i thought there was no indicator involved

>>10834441
gigga-niggas w credit default swaps?

>>10834441
>large specs slowly go short during crash events
>by the time they are all net short it's over halfway done
>this means large specs are literally the bogs

>>10834453
The notes, sure, but straight shorting the VIX is a very bad idea. Luckily the straight VIX, not an etn with a bearish bias, is now literally delisted.

>>10834453
i wish theyd hurry up and r/s UVXY again
i wanna go back to puts on THAT instead of VXX, but its just not feasible rn w such a low sp

>>10831743
>ignoring δΓ/δσ
not gonna make it

>>10834427
Why not the weekly MACD?

>>10834472
large specs positions are so fuck huge that its not something you can just "flip" w out causing SERIOUS fucking harm

>>10834495
less false signals, and a better tax rate from not moving too much id assume

>>10834495
because that doesnt work
You woppuld have gotten fucked up in 2015 correction area

monthly is the rare indicators that happen only few times every 100 years

>>10834505
By the time the monthly MACD crosses wouldn't the large specs already began their bog campaign ?

>>10834513
each time it happened the market dropped significantly more, so it doesnt matter

>>10834513
no large specs are patient and wait for trend confirmation before going full bog
unlike small specs who just go for it imediately

>>10834524
So...they paper trade first!

Also the thought of living a crash live on /smg/...

https://www.youtube.com/watch?v=E1xqSZy9_4I

>>10834554
Feels pretty good knowing that when the stock market crashes, crypto is getting bogged 10x harder. We might have a real board rather than just 1 thread then.

>>10834554
Free popcorn for everyone.
Because hours before that /smg/ would have locked and loaded into position except for certain tripfags.

>>10834237
rkg mail me real quic would you

egf6nw+dm3se2paz6fqs@sharklasers.com

>>10834554
i love this vid

i also like that one vid of cramer taking one look at PG down like 25% on the day and calling the bottom and basically saying the whole thing looked fake and gay
https://www.youtube.com/watch?v=86g4_w4j3jU @5mins or so

pretty weird when you remember tat the guy is an actual legitimate hedgefund manager too lol. this vid came up in muh relateds the other day and its baffling to hear cramer talking so technically
https://www.youtube.com/watch?v=0WgUL_eapBQ

>>10834601
fucking this
those faggots all have themselves convinced that theyre gonna moon somehow with the dollar spiking that much in a day

I like how on here you guys point out companies right before they are going to take a huge dip, or you make some gutsy options a week too early.

Someone should do papertrading with smg tips and see how they perform compared to doing the opposite.

>>10834663
Im shocked pg could possibly dropped that much in a day
Thats a Just Buy it Nya moment 100%

How hard am I going to get fucked Monday

>>10834524
>>10834521
Post a picture of an snail and caption it "fuck small specs" when it happens.
I'll be watching the yield curve too

>>10834554
lol that was clearly some billionaire fucking with us with their high frequency nano trading machines. just know, they can do that whenever they want. probly some saudi or something.

How hard am I going to get fucked Monday

>>10834663
kek cramer calls a buy of P&G 49 and it instantly jumps to 59
fantastic call right there, some CNBC viewer just took home 500K

>>10834777
liquidate the portfolio and put all your chips in TQQQ

>>10834777
Checked, nice trips
What's your cost average on AMD?

>>10834744
>Ill be watching the yield curve
it probably wont invert for at least 2 years and then it will just go flat after, I hope you are patient

>>10834777
Go refer to the total penis index indicator.

>>10834784
this

>>10834777
>2 shares of khc
youre mocking buffet

>>10834790
So u be saying the Golden bull is going to continue for the next 2 years?

>>10834787
15. People made fun of me for buying the ATH. Now look at me.

>>10834797
All my other money is tied up in other stocks

>>10834801
no, thats what the majority of financial advisors are saying
Im calling for a much longer and stronger golden bull
This level you see here is actually the bottom

>>10834777
I think you'll be okay. Maybe slight AMD pullback but it could just as easily spike more. intel is fucked.

Puzzled as to where my portfolio is headed. Don't even expect the stock to fall on the news that the CEO is blatantly admitting to securities fraud.

>>10834811
Reminder I'm going long on SPY with 7x to crash the market.
You're welcome.

>>10834838
Just kidding not SPY, I'll go with QQQ

>>10834820

Am I reading this correctly? I bought a 9/21 put on Tesla with strike price of $50?

JUERGEN JUERGEN GIVE ME TENDIES
NO I WILL NOT GO TO WENDY'S
SELL SOME HEADSETS MAKE SOME CASH
I NEED MORE MONEY FOR MY STASH
XBOX, PC, PS4 MAKE SOME HEADSETS, SELL SOME MORE
PROFITS INCREASE, EARNINGS RISE
SHOULD MY PENIS BE THIS SIZE?
ALL THESE TURTLES ON MY BEACH
THE MOON AND STARS ARE IN OUR REACH
DADDY JUERGEN WE WILL FLY
TAKE THIS STOCK PAST ALL TIME HIGH
$40 EOY

>>10834854

Bought 9/21 puts* -- and a $20 for 01/18/2019?!

>>10834678
lol you talking about LCI?
F
i was selling calls on them for a minute, had gotten myself to B/E on cost, decided i didnt wanna hold sketchy shitstock biopharms so i set a GTC at like 13 something. managed to sell all but ONE of the shares i had on them at the LAST possible moment (i guess they only wanted 199 shares lol). it literally never went that high ever again, so the orders still open. now the sp is roughly equivalent to my commissions, so ill probably have it for the rest of time

>>10834735
yea, people dont think about stuff like that when its happening tho. they see it down that much and freak out. they dont think about the fact that the current stock price could very well be outright false

>>10834742
are you short?
like the cheerleading captain on homecoming my dude

>>10834744
imo the yield curve as a recession indicator is completely useless/broken post dodd frank, due to the many regulations placed on bonds trading. as well as the fact that keeping rates so low for that long COMPLETELY changed the landscape of the fixed income market forever

i unironically think that bonds will absolutely never be the same ever again. as such, i dont think that yield curve inversion will be a useful leading indicator, nor will the market behave similarly in reaction to it (perhaps initially, but were talking macro rn). theres just too much thats unrecognizably different about bonds and the various credit risks of the maturities. for instance, im under the impression that notes will moon, not bonds (talking treasuries here obv)

>>10834782
yeah its pretty ridiculous

>>10834863
lol
people are writing $20 strikes now?
jesus fucking christ this is gonna be catastrophic

>>10834863
Yes, the enron bet is cheap for how likely it is.

>>10834892
dumbest shit i heard all day

>>10834820

IF I'm reading this correctly, I'm afraid your entire portfolio of options will evaporate because (a) there's probably zero volume on options that far out-of-the money and (b) Tesla isn't going to implode between now and January. Your $200s might yield something, but it won't be much.

>>10834847
>I'll go with QQQ
NO
Stay the fuck away from my QQQ god fucking damn it comfy don't fucking pass your bad luck here

>>10834907
Sorry fren, I'll post proof on Tuesday
Say goodbye to your precious little gains

>>10834892
>>10834904

Sell your $300 if and when it increases. That and the $200 in January are the only things which might yield a return.

>>10834904
Actually there's tons of volume on these. And time will tell. Without a capital raise, TSLA will be bankrupt by EOY.

>>10834922
FUCK NO NOT ANOTHER SHOAH GET THE FUCK AWAY FROM MY STOCKS GOY
DON'T YOU FUCKING IT DO IT

>>10834892
thats why i bought em too m8
got some 2 and a half weeks ago because there was no volume and they were 3cents per. the deltas alone will net me a small fortune, but the IV will be like nothing thats ever been seen in the history of man

>>10834902
well why dont you write some puts then senpai?

>>10834904
>there's probably zero volume on options that far out-of-the money
jokes on you then m8
since i bought those things, the volume has increased steadily each day
the 50strike ones are getting 5000 in volume on some days. ive already made money flipping some and i bought them all back.
but im not going all in like THIS memester

>Tesla isn't going to implode between now and January
never say never lad

>>10834935

Damn, there is a surprising amount of volume on 9/21 $50s -- that will dry up quickly though and the volume is only in one direction (people writing puts to bagholders)

>>10834945
im too scared to write anything, dont want to get assigned. i only buy.

/smg ad/
Buy (Tyson brand) "Jimmy Deans" french toast corn dogs
Its really good, it tastes exactly like a mcgriddle. TSN owns Jimmy Deans, and also the bread company Saralee

>>10834945

Alright, if you can close your positions soon you might be okay. Get out while you can because the time-decay on those $50s is going to be insane.

>>10834951
>>10834960

It's a lottery put mate. Don't expect it to pay out, it just has high positive EV so it's worth the play. I'm planning to roll about 1/2 the value forward over the next week and let the rest ride.

>>10834957
Thanks now I know what to short on Monday.

>>10834953

lol -- 9/21 puts at $50 would be printing money and there appears to be a market.

>>10834953
lol no i was just kidding
theres WAY too much risk in doing something like that imo. especially for a measly 100%

>>10834960
like i said senpai i covered my cost basis on that day TSLA went down to 280. this is my long odds bet and im sticking to it. i only got $100 in it. worth it imo. i think they are priced unreasonably low given how scandalous this situation has gotten in the past few weeks

>>10834966
yeah if we get a good dump im rolling out too senpai

>>10834975
doituwont

>>10834968

I generally avoid pre-earnings puts/calls unless I'm quite confident -- post-earnings options can be quite lucrative. Playing the earnings surprise.

Dollar Tree and Dollar General are ones to watch in terms of a slide. Lululemon should pop.

>>10835021

I write calls and puts on occasion. We'll see what happens with the price of TSLA by Tuesday (in response to "just joking bro") and I'll consider having you buy puts from me.

>>10834957
im more looking at CPB going into ER desu
this looks juicy
especially if ER goes majorly positive

>>10835034
like i said senpai, im not buying any more. im sitting on free puts rn after that last dump
she either goes or she doesnt. if it starts to shit the bed ill consider rolling out tho, but im not expecting it. its super long odds and like you said the market is liquid enough to ditch at any time rn

>>10834975
If you were familiar with the situation at the company, you would not think so. The company has never made money, is bleeding cash, will run out of cash sometime in late Q3/ early Q4, the CEO is under investigation by the SEC for misstating material information before a capital raise, securities fraud and stock manipulation, the board has no D&O insurance, liabilities from class actions are in the BILLIONS and the factory is currently sending home workers early.

>>10835072
that class action is gonna cost em a bundle even if they win. and w that shit credit they aint issuing any more bonds, thats for sure. i dont know where everyone seems to think the money will come from. obviously the "secured funds" were not as the "buyers" (if there were any to begin w) just flaked

>>10835034
how do you deal with the fact that at any given point in time some asshole can assign you 100+ shares of stock

>>10835072

Yeah TSLA is definitely a mess. Stakeholders like Norway would rather not see it fail, but issuing new shares and convertible bonds remain an option. Don't underestimate Tesla's seemingly endless ability to raise and burn capital.

>>10835123

That only happens if it's in-the-money and at or above the option-holders break-even point. I'm placing a bet and, more often than not, options are not assigned.

Further, most puts are purchased not to be exercised but to hedge -- they're intended to evaporate.

>>10835068
mmm campbells soup
they own snyders lance pretzels and Spagettioes

Im going to do a halfnhalf before and after earnings

the main issue at the moment is that Kraft isnt buying them due to some issue with the Kraft heirs owning a alrge stake in campbells or something. So, someone might come in and offer higher prenium
otherwise it might never move from here

>>10835148

*Puts far out-of-the-money. I don't write ONM or INM options. Only strikes > 20% below the spot price.

>>10835167
>ONM

ATM/ITM -- tired. Far OTM is what's written.

>>10835123
you could only write em on european styled options if you want
but really, early exercise is an "almost never" type situation. the cost of the premium w everything mixed in is often times more than the profit youd make from exercise.
the only time ive ever heard of it happening is on div stocks desu

>>10835132
>convertible bonds
i can only imagine how shit THOSE would look
pic related is from a few months ago
literal junk bonds

>>10835157
well you know better than i do in terms of the fundamentals
i was just saying it looks absolutely picturesque from a technical standpoint. and theres also our thesis on the consumers becoming the new bonds w foreign money flowing in

>>10835148
it happens like 7% of the time. then youre stuck owing 100K lol

ok /smg/ you have to put all your money in one stock tomorrow and own it until 2020 which one is it and y

>>10835157
wtf happened Q1 anyways?

>>10835213
This shit is what scares me about selling options

>>10835213

Right, 7% of the time. It's rare and if and when it does happen, the loss isn't significant (and there are ways to mitigate this). I'm placing a bet and the counterparty is buying to speculate or buying a protective put. The odds favor me.

I mostly write calls on stocks I own and puts deep OTM, presumably to people establishing hedges against black swan events.

>>10835241

To be clear, I'm not writing at-the-money options. These are deep OTM.

>>10835241
i suppose, but can still happen lol

>>10835240
>selling uncovered puts
youre asking to blow up your margin account

>>10835239
The CEO left and it dropped like 10%
Was a great buy, then the kraft buy possibly boosted it back

>>10835265
I know, shit is crazy. Was thinking of selling 420 calls for the hell of it but I am not crazy enough to go full retard naked

>>10832133
implying 4% even sounds small. PER FUCKING DAY. Of course you would be loaded

>its just machines

how long until the next flash crash bros? you can be a millionaire if you contantly short an index for like $20 a month lol

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

>>10835241
ATM covered calls when VIX is going wild are my fucking JAM desu
youre missing out senpai

>>10835272
yeah i dont see it going down to that other resistance again desu
and if that was a one time huge miss, then itll probably bounce even harder if theres a decent surprise %

>>10835293
no reason to take the short side of the contract for a black swan lad
especially not a bearish bet like that. the put premiums way out are cheap enough to justify it imo

>>10834657
>egf6nw+dm3se2paz6fqs@sharklasers.com
kek funny website
but >_> people never end up asking for good way for me am me
last guy who did this had like 10 people faking being me

>>10834855
LOL !!!
nice !!!!

>>10835301

I've done well buying puts on EM ETFs over the year, knowing that rate hikes will impact capital flows.

how the fuck does the penis index work? what are the buy and sell signals?

>>10835230
SQQQ
If I embrace the golden bull meme the market will crash.
All in SQQQ, goy

>>10835296
Comfy just learned about compounding interest last week

>>10835311
yeah it should be able to gain 10% at least on its own but a buyout would make it go to 50-60
Because,
campbells would be amazing for any conglomerates portfolio, but theres the problem with the heirs, so if they cant get bought, that news might tank it again. still, just buy it nya

>>10835296
maybe on like FX or something but theres no way ANYONE could be that consistent

>>10835336
me too m8
the only one i got BTFO on was when mexico popped
but turkey and south africa just recently made that a distant memory

>>10835355
its not really for that imo
i like to use it as a way to get a snapshot of everythings momentum
but you can either inverse moves that move too far beyond the outer limit lines, or you can buy/sell on crosses of the zero line

my main use for it is to look for HYG and IWM to start keeling over before everything else to plan for down moves on the rest

>>10835370
The luck of golden bulls outweighs the lucky comfy
Feel free to go long

>>10835370
lol you are massively overestimating your importance senpai

>>10835379
if I can't use it to generate actionable signals, then it is largely useless

ok ravenous hormones making me thirst for penis have good night everyone

>>10835403
>actionable signals
its an at glance market direction indicator
if you cant trade with that then you just suck

>>10835452
your are going to miss movie night again

Is weed kill on Monday?

John McCain died. I guess that means this coming week will be all green days.

>>10835403
this >>10835452

i have my other indicators for my buy/sell signals senpai

>>10835452
cum watch the movie dude

>>10835586
buy signal.

>>10835452
>ravenous hormones making me thirst for penis

>>10835586
yea just saw that shit too

S

>>10835586
S

>>10835586
>alt right hates him
>leftists hate him
>radical centrists hate him
>drumpf hates him
Rip he ded

do you guise think that people would pay money to see a memesong cover band?
always wanted to cover this
https://www.youtube.com/watch?v=UhLDA4Wr2GU
and these obviously
https://www.youtube.com/watch?v=PGNiXGX2nLU
https://www.youtube.com/watch?v=dQw4w9WgXcQ

>>10835586
F
patriotic man, misguided but loved and fought for our country

>>10835694
found the boomer

>>10835701
wrong, greatest generation

>>10835686
definitely not lol

>>10835701
Everyone has their own way of trying to make their country a better place, just like everyone has their own way of playing the stock market. You may not agree with some of them and might even think they're stupid as all hell, and that's A-OK, but don't question who they are because you never walked a lifetime in their shoes.

>>10835734
idk tho, i feel like youd get CONSTANT wedding gigs desu.
that shit pays well and you get to bang milfs
https://www.youtube.com/watch?v=LuN6gs0AJls
https://www.youtube.com/watch?v=Ldyx3KHOFXw
https://www.youtube.com/watch?v=La4Dcd1aUcE
(dont know german so this would literally be sung in nonsense)
https://www.youtube.com/watch?v=6OpnRuooGfw

what are some other memesongs?

>>10835755
hmmm
how do I invest in weddings

>>10835776
millennials dont get married lad. marriage is, like, soooo nineteen sixty

https://www.youtube.com/watch?v=kw3mlykbAfk
>1M+ views
wat the shit? is italo-disco unironically cool now or some shit?

>>10835790
youre not thinking longterm
theyll all skeeve off getting married till its too late, get desperate, then have like 3-4 quick marraige-divorces
there will be a shortage of wedding bands

>>10835776
yea see what i mean?
start a catering business i guess?

>>10835790
because they have record amounts of debt, you dumb boomer

I WANNA TRADE. NOW!!

>>10835832
no, man, marriage is like, an religious institution man, its all about spirituality and love, man. we just drum circle and shit. thats a marriage ceremony from the native americans you white people murdered. why would I even get married man? lower taxes? I dont pay taxes anyway, man. because I cant find a job.
and the few millennials that do have money are dual income, marriage doesn't help with taxes on dual income households, feminism, man
>>10835842
I told you I'm not a boomer I'm part of the greatest generation

What are you lads planning on buying into once the bull market ends? I'm planning on putting my money into inverse and water ETFs.

>>10835863
>no, man, marriage is like, an religious institution man, its all about spirituality and love, man. we just drum circle and shit. thats a marriage ceremony from the native americans you white people murdered. why would I even get married man? lower taxes? I dont pay taxes anyway, man. because I cant find a job.
and the few millennials that do have money are dual income, marriage doesn't help with taxes on dual income households, feminism, man
wew
i know youre just fucking around but im unironically triggered rn
you have no fucking clue how often i have to deal w these fucking "people"

>>10835876
fuck w*ter
im shorting this bitch
git ur yaoi the fuck outta here

>>10835738
Based respect poster, we'll see what these kids are like in 60 freakin years

>>10835876
GE. I'm buying so much fucking GE for the long hold. Besides that I slowly accumulate NOBL.

>>10835876
>>10835910
also it looks like you need to review some more historical data, cuz this is an absolutely retarded idea m8

>>10835887
kek what do you do for a living?

>>10835910
enjoy your dehydration, starvation, and third world living conditions, nerd

>>10835931
water is becoming increasingly scarce on a global scale and the US' water infrastructure is crumbling
somebody will need to repair it
it's literally the backbone of life as we know it, nothing else can exist without water

>>10835910
Don't be mean to yaoiposter profit, some of us like it :)

>>10835959
imma bard
you have no fucking clue

>>10835963
dude this shit crashes with the market
its a bad idea going into it
do it at the bottom, but even then theres better plays at the bottom

>>10835965
no

>>10831467
I think so too. I should have sold it on Friday. Will try to control damages on Monday.

>>10835876
>water ETF
lmao where do you retards even come up with this stuff?
>>10835981
oh you're teh profit? you drive around in a van somewhere in the south doing drugs and playing music right and losing everything to bad options picks right?

>>10835876
>not investing in soil ETFs

>>10835996
i dont do drugs anymore lad, other than smoke some desu
grew out of it
hardly even drink anymore
and ive been slaying it lately m8, you must be thinking of some other cunt
called turkey, south africa, dollar/VIX spike, and metals these last two weeks
now its short oil

but i fucking enjoy the shit out of what i do, wouldnt have it any other way desu.
definitely deal w a lot of those types of people tho lol
usually just bite my tongue or spout nonsense back at them until they leave me alone

>>10836000
checked
dirt > water

>>10836030
based. glad to hear you're doing great
last I saw you, you weren't looking too good, degenerate lifestyle that sort of thing and I'm happy to see you in you're in you're stride now

You'll all see one day
Water

Best online broker in Canada? Right now I'm using TD webbroker which is basically garbage, doesn't even have stop losses

>>10836041
i mean a bards life IS a degenerate lifestyle, even w out droogs. still fun tho. got to play in NYC 3 times last weekend. third time this summer. NYC luvs me lol. was in maine two weeks before that at a fest, and had some bar gigs where im from last two nights in a row. hitting stride is right lol. almost like a reel job or somethin
https://www.youtube.com/watch?v=UhLDA4Wr2GU

i quit drinking at least 3 years ago (stopped counting, and ill have drink on a holiday desu) tho so you might be mixing me up w nikkei or baggy desu

>>10836056
kek
>inb4 desalination crashes the freshwater market forever

>>10836056
>>10836117
Hedge your fresh water portfolio with some CWCO!!

>>10836134
lol
do they inverse one another or something?

>>10836117
>>10836134
investing in a water ETF is investing in desalination
water ETFs don't track the performance of water, they invest in water technology, utility, and infrastructure companies

>>10836134
I've been considering buying CWCO, actually

>>10836153
CWCO is a desalination and water management company IIRC
So when your fresh water companies die, you pick up sick gains from CWCO

>>10835924
that shits going out of business bro lol

>>10836158
First, I resent you for posting gay chinese cartoons
Are you in PHO, CGW, FIW, PIO, or TBLU?

>>10836207
PHO, which is centered around companies that produce technology to conserve and purify water
It has some holdings in CWCO, but it's a small amount
I'm just posting the gay chinese cartoons to add some variety to the pictures that get posted here
If it ever derails discussion too much, I'll stop

>>10836243
Posting gay images to "spice up the thread" is like putting anthrax in a lasagna for varieties sake

Alright, if you are waiting for movie night we have to do a rabbit room tonight instead of the regular because finding a free version of trading places that's compatible with cy is impossible
Pic related, see you soon

>>10836363
>I have to sign up to join
just kill me now

>>10835842
nobody told you to take out a mortgage for college you dolt

>>10836243
i was just being a bully desu
idgaf what anyone does ITT
least of all on fuggin weekends

srsly tho i dunno about long water INTO a crash

>>10836363
WHY CANT I SPAM CHAT??

>>10836416
>just pay your student fees upfront, it's that easy

>>10836499
Historically, the water industry has been resistant to recessions, if not entirely recession-proof
Also, the long term trend of increasing scarcity and demand for water makes it a very promising future commodity, imo

>>10836520
>college name matters
>not part timing to pay for tuition
>not working internships for work experience
>taking out 20k a semester in loans
>fail all classes by drinking and partying
>getting a gender studies degree

This is why college students are usually debt ridden

>Dat symmetry
Back to linear growth again after this, right?

>>10836588
>>10836588
>>10836588
new
>>10836588
>>10836588
>>10836588
bread

>>10835586
Good, the traitor is dead.
GREEN LIGHT
GREEN LIGHT
BUY EVERYTHING

>>10836030
>short oil
you're never gonna make it

>>10836864
youll see
shits going down in the near term senpai
im lookng more into oil/gas exploration for the long term