/biz/ - Business & Finance

do i sell off my spy puts for loss on open, /smg/?

>>17682191
What's the expiration?

>>17682204
Monday

>>17682143
name?? google results said emmabradyyy but it doesn't look like here and i know a chick that looks EXACTLY like that

CAAAAAAAAC 40
Ibex
ASX 10%
UK Stoxx 50 6%

Lets open the rest up, pay day pay day

presedint saved us

Can't wait for the doomsday preppers to get absolutely BTFO'd for the rest of the year. MAGA 2020!!!!!

>>17682204
267 strike btw

Should I keep holding my XOM puts?

>>17682217
BAAAASSED ZOMG!!!

Why did EMB tank so hard today compared to equities?

Friendly reminder to pick up calls on Halliburton and SLB before it's too late. They are at the fucking price of a lifetime rn

>>17682213
DONT LET THE ITALIANS PASTA PUMP AFTER KEEPING THE MARKET CLOSED ON BLACK MONDAY 2020.

THEY CANT KEEP SPAGHETTING AWAY WITH IT!!!!

>>17682235
what if they can't make positive earnings for the next three quarters tho

>>17682221
>>17682207
absolutely hilarious

>>17682240
Were going to Olive Garden Bread Thrust

Futures are green... and? it was green last monday after a disastrous week of all red. It's just another bull trap, the recovery isn't going to instantly start after a 2000 point dip. The market could go up 3k points tomorrow and we would still be in a decline.

the worst of the 2008 recession occurred over weeks, with most days being green, positive gains, and large red drops scattered between.

We are in an economic downturn, probably headed towards a recession over the next few months. Deal with it Bullfags. History shows I'm right.

My portfolio is up over 83% this year. I am basically all in for (unnamed) puts dated in late March (low allocation), and end of April puts as well (high allocation). I think earnings may put me right where I want to be. If I make 600% off of this I won't be displeased.

I don't see this as getting better until after earnings drops start coming in. The in between seems to be somewhat fluff, though important regardless. I can make the money back in a month anyway, so I'm not overrisked. Good luck fellas.

>>17682258
I’m gonna have buffett gains after buying today’s dip! BRKB never below $200 ever again!! And I’m finally and AMD Chad!!

But no... you gotta keep the pastas down... make them dump another 10% and then I’ll have money for more than just water and bread sticks!!

>>17682272
Anything to share with us lesser folks?
Crumbs of Wisdom to aid us be more like you?

>>17682266
History shows that being able to buy after a 1 day, 30% drop in an already long bear market (for oil) means it's the deal of a lifetime.

SLB calls for me tomorrow.

>>17682283
>buying oil boomer stocks
that's a big yikes from me dawg

It could crash again, but I figured this dip would be short lived. This recession isn't due to awful unemployment numbers, or banks foreclosing on thousands of people, this is a recession caused by boomers being scared that they'll lose their last dying gasping grasp on the economy and are taking it down with them. In two months we'll easily be back on track to the highest we've ever been.

>>17682266
You are right. Entire countries are being shut down, profit margins have inversed to negative on a number of businesses, some people aren't even making income, and there's the rumblings of banks loaning poorly to foreigners by proxy overseas. Pic related.

The bulls are confident because they think that they have a clue as to what's coming. The same way people that are successful because of aspects mostly outside of their control can think so highly of themselves.

The difference between current bulls right now is they mostly only look backwards. "Well it was green back then, it should be green soon too haha". And so they fail to factor in the systematic effects of these happenings and have failed to look into the dominoes falling in the future. After earnings comes out, we shall see how things really went. I'll give you a hint, not so good.

>>17682283
you've got some balls man.. might make for a quick trade but thats about it imo...

>>17682060
SSO and DBPG are Chad tier investments. You will be happy. They would have worked through the Great Recession and surely will work now. I'm more aggressive so I like SOXL (bought 3 dozen shares this morning at 151), TECL, FNGU, TQQQ, and SPXL but either way we're both going to be max comfy on the other side of this quarter's bullshit.

>>17682207
>>17682221
It really depends on how you've done lately. I've crushed it this last 2 weeks, sold 3k in spy puts, and dropped 1k into apple shorts. It closed out over 20%, obviously going to open very, very red, but I'm holding as it's entirely profit anyways and I have until 3/20. Personally, I think this is a very obvious bull trap, but how you handle your trades depends on your own financial situation and mindset. Personally, I'd hold. If it opens green Wednesday, I'd probably lean towards selling.

alright biz how the fuck do i do short term option trades or any short term trades?
>Market closes down to a price you like
>future action overnight means the prices will open retarded high
>you no longer want to buy at the opening price
How the fuck can you make any money on a put on a day like yesterday when the market opens to a fucking cliff and all the value instantly disappears? What the fuck do you mean buy puts when your put price goes from 1.10 on friday to $4 on first bell monday? I don't get boomer market.

>>17682287
Theyre the only ones with a big enough war chest to survive. Plus they pay big dividends. Plus theyre cheap af right now.

Youre getting them at the prices the boomers did. Now's the moment of opportunity.

how to choose a good strike for SPY puts?
Thinking mid/end April but not sure if I should buy 280 or 265

What will be safe haven if third world banks collapse?
>>17682307
US only? Would Canada and Mexico also be safer due to reliance on the US and not domestic?

>>17682328
you think tech companies don't have a massive warchest?

>>17682279
If you want to make money in stocks or any investment, first, you need the tools to do so. Picking up an MBA book, taking statistics, accounting, and similar online courses, should you eventually grasp such teachings, can pay you much more long term than current investment plays in the moment. The brain can be a supercomputer if you know how to utilize it and keep it sharp.
Understanding, insight, time, and relationships are some of the most valuable forms of capital that exist.
Money is like water. All you have to do is open the right spigots to make it flow to you.

>>17682181
One day you will be able to tell your grandkids /smg/ had a sticky.

>>17682315
Thanks bro. Pretty sure itll end up with me retired at 35. The plan is to exit the calls Thursday, stock up on dividenders like halliburton and slb at that point, then use to profits to buy a rental property.

>>17682235
Pls what do I put my call at?
I've never done any of this before

Lmao listening to Cramer right now
start of the show
>Mr. President you must do these 4 things
>I think we’re in for a serious recession if we don’t get congress to enact some major stimulus and maybe that won’t be enough
Middle of the show
>trump interrupts with press conference
>uhhhh we’re gonna do some stimulus and pretty much everything Jim just said
Bruh.

>>17682325
Iktf, forex girl. I’m not proud of it.

Well well well Yugi boy...
You played a fair hand indeed.
Buy while your cards are nearly all played, I still have a few tricks up my sleeve.

>>17682283
>SLB calls for me tomorrow.
Like this is what i'm talking about. what the fuck you mean SLB calls? how the fuck does that work? lets say you want a $20 call on this but by the time bell rings and if your premarket order doesnt fire aren't you just fucked if everyone is expecting to pump oil?

>>17682328
>Plus they pay big dividends
what happens to stock price if they cut that dividend due to losing money from operations?

>>17682307
>>17682337
Thanks for the insight. I feel my brain has become dulled, so sharpening it is definetly a priority

>>17682335
I don't know much about Canada or Mexico, you'd have to look at exposures etc. My guess is Trump at the very least would charge a premium for gas going to Mexico, just to make up for the financial burden they present on the US. Hopefully he's that smart.

In terms of a "safe haven", it hasn't really changed. Gold, silver, treasuries. I'm not in treasuries right now because if you factor in future interest payout with future inflation, you may actually lose money on it, so it's riskier than I would like.

>>17682347
well i wish you luck...

>>17682336
Tech companies get fucked by supply chain issues.

Oil companies, not so much. They already had their black swan. The one incoming for tech will be similar to what this weekend was for oil.

>>17682366
Good luck man. Hope you understand.

>>17682273
oh no you shorted italy 2 segments below the you know what, all I can say is bon appetit
>>17682346
admin is so nice

>>17682359
Yeah I guess you just need to get into it early. I'll be buying because oil companies are at historic lows, so it doesnt matter if it' at 9 am or 12 pm.

>>17682327
> Buy option contract expiring within what you determine as a short period of time
> Sell it for profit if you picked right or got lucky
> Lose your entire position in a very short span of time if you didn't or aren't

>>17682358
nice I like it

>>17682328
Yeah except when boomers bought them they were genuinely the future. Now they are most definitely not. If fucking anything you should be hitting oil future contracts.

>>17682363
>thinking oil service companies will lose money when oil output surges.

Lol. Theyll be fine. Chevron and exxon will and other producers will hurt. Servicers like SLB and Big Red not so much

Just buy index funds bro, they said

Fuck boomers. I lost so much money in less than one month

bought puts at the absolute bottom, how fucked am I?

>>17682408
Dude im buying calls out til 2022 tomorrow and everything in between.

>>17682411
Shell had already started selling their holdings

>>17682359
Go back to pleddit

>>17682359
I don't understand what you mean, but yes, at opening bell in general options prices change quite a bit. Limit orders with options in a market this volatile is a very, very dangerous game. You can set a limit order and be sooo close, only to see the contract moon in your face while you held back to save <100 dollars on your entry price. As a rule, when things are this volatile, I expect an options purchase to be down for the first few moments after purchase at the very least.

>>17682420
You're supposed to cost average those, anon. Not get buttmad everytime there's a drop. They're considered safe because they always recover in time, as opposed to individual companies which can and do hit trouble, drop, never recover, maybe go bankrupt.

>>17682411
>thinking oil service companies will lose money when oil output surges.
yeah.. increase in supply and shrinking demand.... hope you remember what happens to the equilibrium in this case from your economics class

>>17682424
what was the VIX when you bought the puts?
lol
I wanna see how harsh the premium is ~

Rise up rise up

So the yields are still fucked is there any hope for recovery? Or is this just the beginning of the end.

the markets will recover today, r-right?

>>17682469
recovery is an individual process
recovery is what you make it
let's yield together

>>17682426
Good luck buddy. Personally, I've called the bottom in a dubs thread. 22xx on the S&P, 195xx on the DJIA. I also called BA hitting 200 a few weeks ago when it was at 32x and I was called retarded. There is still so much downside left in this market, it's absurd to think a payroll tax cut is going to do a fucking thing versus the supply chain issues we are facing alone, not to mention the virus. Or the OPEC situation. So, so much downside left.

I worked pipeline and oilfield construction for 9 years.

Halliburton will be just fine.

JUST TELL ME IF I SHOULD BUY TOMORROW OR NOT? AND WHAT I SHOULD BUY?

>>17682420
Kek

>>17682494
> Fine just fine

>>17682424
you're gonna get IV crushed anyway

>>17682217
See you in the gulag

Uhh guys.....futures are falling and fast. 20 minutes ago S&P was 3.5% up, now only 2.5%, and all indicators from 5min to daily scream sell. Bull trap aborted to obviousness, butthole shattering drop at open.

>>17682564
Yeah I'm going to sit it out for 1 day. Just to get my sanity back at least.

Damnit I leave for 15 minutes and you make futures start to fall
who did it?

>>17682420
Just a reminder to you faggots on indexing.

1) DON'T GO ALL IN ON INDEXING
2) Dollar cost average using the same percentage amounts during EVERY paycheck.
3) Emergency funds in low interest baring accounts, bonds, or CD's. Somewhere where you can access it quick.

Index fund strategies emphasize TIME IN THE MARKET over market timing. Your are locked into this method, so keep buying the dip.

>>17682496
depends on if you like losing money or not

Death to America

>>17682487
This. Manufacturing is probably at least one of the industries that may get hit pretty hard. I don't have an estimate but I'm thinking another 8% drop until we see signs of a bottom as not being out of the equation just yet.

If the ups and downs don't make money pull out of the market, then earnings very may well be another nail in the coffin.

>>17682620
lol. you will die before America does.

>>17682469
No way this is sustainable, absolutely massive amounts of auctions happening, up 300% almost, and 30 year is at fucking 1.1.... No way dude, no fucking way. We got rid of all ours today, it's gotta snapback at some point, there are no models where negative rates will work.

>>17682380
Oh nuuu!!!

I bought my puts Friday when it was well above BB1. If it pops up it’s almost certainly going to get shorted back down to oblivion.

IV and theta aren’t showing up though?

Oh well thanks for reminding me not to be too greedy. If it’s still down tomorrow I’ll take profits. I can’t believe I didn’t think to check today!!

>>17682620
America died in 1913 bro

>>17682634
You're not wrong

>>17682536
Oh god that’s right!!!
But vix is for SPY... so it shouldnt mean necessarily that Italy IV will be crushed right?

>>17682564
What are your indicators?

>>17682606
>same percentage every month
Lolno, why would you put in the same amount of the market goes up 10% than if it goes down 10%. If you’ve been holding waiting to DCA in your year’s contributions... well this is a fine time to dump in more than usual.

>>17682632
What about... manufacturing of oncological pharmaceuticals?

>>17682648
Jefferson wasn’t perfect. I disagree with him on many things but at least he wouldn’t be competition in the dating market, we have very different taste.

>>17682620
> Pretends the rest of the world isn't plummeting, with some entire nations in quarantine
> The U.S. markets dips significantly but, ultimately likely healthy long term
> By far and away still the biggest economy in the world
> Life is still peaceful, though tense, with not even a city under quarantine
Wherever the fuck your from is going to either burn, or be owned by the U.S. waaaay before the U.S. is even #2 in the world.

>>17682644
Actually, I didnt even realize today, my dow 30 signal. Im calling the bottom officially.
Give me 2 chances, but Im putting it out there, the bottom is in. I was too busy with euro index to check the Dow

>>17682331
The further out of the money you go, the higher the leverage is but theta will start fucking you. If you're highly confident, get the 265 since you'll make more otherwise go higher

>>17682648
Damn he was dead-on.

>>17682677
I'm in Canada, we're already America's bitch. You win

>>17682665
>jefferson wasnt perfect
well depends on your definition of morality
but i agree to some extent
he was a free mason illuminist that supported the french revolution
but he owned slaves and smoked weed so be was pretty based.

>>17682665
Depends on their dependency of Chinese materials. There's a reason China had produced so much. They were the cheapest bidder. Now manufacturers have to choose pricier bidders due to less supply of bidders and more generall demand. The consequence of China not being fully operational is two fold.

>Deutsche Bank almost 8% up
Recession cancelled go home everyone

Today was entertaining for me because I exited last week except for some inverse ETFs
Tomorrow seems like it's going to be a textbook bull trap, but I can't help but want to get some cheapies

>>17682506
They're a well structured company with alot of versatility.

>>17682632
Not to be cocky or a dick, but again, 22xx in the S&P, and 195xx in the Dow, those are your bottoms. If you buy in at 23xx or 20xx, you'll be fine, it will be full on barely moving crab at that point.

>>17682685
Oh we’re gonna pop off for sure, I’m so sad I panicsold some VISA and AMAT but spending and chips are going to get smashed if the market prices in a recession. And I’ve been smashing the buy button lately.

DIX printing insanely high, and my other favorite meme indicator, Cramer’s S&P short range oscillator just printed an unbelievable -14. Anyone who bought SPXL today is gonna make bank tomorrow or later this week.

I’M GONNA MAKE IT

>>17682496
dont buy. you think that you might miss out, at that point its always too late. be early or dont do it. take that as a rule.

>>17682449
Oil service companies are required to produce the increase in supply.

>>17682665
>But vix is for SPY...
https://www.borsaitaliana.it/borsa/indici/indici-di-volatilita/dettaglio.html?indexCode=IVMIB30&lang=en
playing with fire

>>17682707
I meant in terms of accuracy.

Everyone shits on the Fed but they’re part of our economic warfare arsenal. Being anti-central banks is like being anti-nuclear weapons. Yeah, i wish they didn’t exist, but you don’t bring a knife to a gun fight.

>>17682496
Calls on SLB. Or just SLB shares.

>virus hasn't even really hit US cities yet

What is your response?

>>17682700
Well no, you're just America's hat, you look really nice up there, but ultimately we don't at all need you to function. That being said, canooks are OK by me as long as they aren't the whiny Trudeau 'Merica is so evil, but we're going to follow them anyway crowd.

>>17682752
Based on what?

Seriously screw off unless you have substantial, key word substantial not just meme lines, evidence.

>>17682789
It never will because warmer temps will slow the spread

P U M P
U
M
P

I T
T

U P
P

Nothing will happen. Trump is right.

If Philippines or Vietnam didn't implode then the west will not either.

Is Peabody the most JUSTed company to exist on the nyse right now? Will it ever turn around at this rate? Fucking hell i almost want to buy but given that one of its mines is on fire still im a bit hesitant

>>17682779
what the fuck are you talking about?
being anti central bank in modern terms is as pro freedom as you can be.
Amazing things happen when you discard the debt based monetary system parasite.

>>17682325
bro use your trip. I always visit these threads to look for you when I'm getting weak hands.

>>17682795
I don't even have meme lines fren, if you want to believe a payroll tax cut is the saving grace we needed and solved all the issues that caused a 2K point drop, by all means stay bullish.
> Demands factual information to justify mindset on market
> Provides fucking nothing but how cheap an asset is as proof for his own absolutely fucking retarded idea
I'm guessing you're not too familiar with 'Catching a falling knife'. You'll grow to appreciate that term soon enough.

>>17682792
Yeah, Trudeau is trash. Basically all of our public officials suck unfortunately, there's a culture of political complacency

>>17682773
Holy shit thanks!
>FTSE MIB Implied Volatility Index (IVI)
>Current Level - 53.40
>Previous Year High - 26.17
Ohhhhhh shiiiittttt

Why do you say playing with Fire? Because vix always goes down?
You think FTSE MIB has sold off more than is warranted by the present crisis?

>>17682825
I’m saying you’re being idealistic, not wrong. That under present circumstances these institutions are necessary evils. Or such is my thoughts. I might live for several more decades, wouldn’t Upset me to see a new system emerge.

thoughts on XLI puts? seems smart both short and longterm as it is the Industrial sector ETF

>>17682564
Did anyone honestly believe tomorrow was going to be green?

I don’t even want a big up day tomorrow, I just want a normal up day or down day. I just miss when the market would go down a little or up a little but mostly up and we all made some money and we’re happy. Will we ever return to those days? Hold me bros

>>17682665
>why would you put in the same amount of the market goes up 10% than if it goes down 10%

Dollar cost averaging nigger.
Probably the lynch pin of the Index fund method.
If you're so active as to actually look at the percentage, then you're too good for index funds. Go invest individually yourself.

Index funds are mainly a passive strategy. JEB! style of "slow and steady".
It's a strategy and one that works, but it's not for everyone.

>>17682842
I misunderstood your post and thought you were implying the market was not done falling. My apologies. We agree then.

>>17682877
I never understood this, if this is your longterm retirement plan, why not just put into your 401k, which should already be largely index based to begin with...

Anyone have a link for a good site to view futures?

>>17682904
This is the best I've found, obviously link is to S&P but you can nav from there to whatever you wanna see

https://m.investing.com/indices/us-spx-500-futures-technical

I'm a NEET but looking for jobs, I'm excited to start investing when I have money, this is all pretty cool.

>futures might actually open at 280 or less
Looks like there might be an actual opportunity to recoup before Trump's Tuesday announcement. After that boost, it'll be the perfect time to grab some puts. The market might rally for 2 days, but I'm betting after Wednesday things will go to shit again.

Ok. I want to play around with $200 bucks.
I'm new to this and will post my very first trade reults once it happens.

Do I get a call on haliburton right now?

Also I think I'm hooked.......

Gold goes up... silver goes down
Silver goes up... Gold goes down
Whelp I will just hold until I die i guess

dax 1% up at open, seems to have sell pressure

>>17682820
Vietnam is hiding the real number or in the early stage, hospitals are getting crowded
t. someone who has close friends from Vietnam

>>17682877
You’re right but I’m not alone in thinking you should maybe throw in several months worth of contributions after an actual crash and then you’re done for a while. Heard Cramer suggest something like that.

“Too good for indexes”
Not at all... watching the markets doesn’t make you better than the index.

>>17682991

>>17682975
Now THIS is gambling!
>>17682977
Because silver is a shite metal, industrial
(And I’m a retard who recently added to his retirement account silver position...)

>>17682946
Have you ever heard the words 'Buy the rumor, sell the news'? I just wouldn't be that excited for Trump to speak. The reality is, with the current clusterfuck of situations, there's very little the government can do but print money and hope for the best. A payroll tax cut is a laughable response, how does that help those expecting to retire in the next 1-3 years get their 401ks back? How does it stop the virus? How does it repair broken supply chains? How does it help the OPEC situation? Oh yeah, it won't do literally any of those, which is why the markets reaction will be just like when Powell announced the rate cuts, no ones going to give a shit because it has 0 impact on the problems they're facing.

>put in $spy calls just this morning for Tuesday
Very nice

>>17683024
Come on man. I'm at least admitting I'm a virgin noob to this shit.

>>17682946
>Afraid of the bull market

>>17682832
Will do, fren. Stay strong. We're right in the long term even if things get shitty between now and then. Worst thing we could do is switch out of a mathematically superior strategy just to screw ourselves in a moment of weakness. Monday morning was rough but the only thing to do is dig in harder. Zero fear

Die bulltards, die!

Interesting companies for short-mid term HODLing, go.

>>17682991
Selloff as soon as it opened.

>>17683025
That means it will get worse as we go into spring and summer? It will move more north?

>>17682887
We're definitely both in the right direction, I just see 8% as optimistic as I see a lot more downside left. Honestly, whether we want to admit it or not, the entire pump since Trump got elected really isn't based much in fundamentals, there's still so much inflation in these assets. I've said this line a lot in these threads the last few days, but honestly ask yourself if NFLX is fair value at 90x their earnings last year. I personally don't see NFLX existing in 90 years, but right now the price says they will not only exist for 90 more years, but also make as much as they did last year for all 90 of those years. That is just laughably absurd to me. This is just 1 example, there's really a lot of them, BA is going to 200 or less, very soon, which they deserve and have done to themselves, but just another example. I think 22xx and 195xx return us to some degree of sanity, and equates to erasing the nonsensical Trump pump.

>>17683073

REFR

NOOOOOOO
ITALY FUTURES PUMPING
REEEEEEE

>>17683025
Holy shit...
Nothingburger seasonal outbreak virus confirmed... /pol/trannies wrong again?

>>17683046
That’s good!
I just want to make sure that everyone knows that straight up buying options is gambling, most options expire worthless, and the surest way to make money is GENERALLY with a long time horizon, buying consistently with a regular salary, and making very few moves. The best way to increase your stock market returns is to increase your earnings.

Which is very painful for me to write, and I’m sure people here can tell me I’m wrong.

>>17683072
That's from yesterday, anon.

>>17682975
GME calls 2 or 3 weeks out. This things been under a pressure cooker, held up entirely through the shit yesterday even showing green at times, all while the world is hunkering down and staying home. If I was just starting out with 200 bucks, I'd toss it into calls and hope for the best. Now, if 200 bucks is a lot to you, don't act like it's not and trade safer.

>>17683095
Oh shit. I'll have to look into that.

I-i'ts going to stay green guys r-right?

>>17682181
I'm a clueless retard with some experience using Robin Hood. What would be a cheap easy investment rn given that I have 5k to blow? I wanna get in on the Buy low action

>>17683077
It's going to crash Australia and Chile if they don't control the small spread they have right now.

Anyone recommend good dividend stocks?

I don't give a fuck if stocks drop in price, as I want dividends for 8 years before selling them off

>>17683125
Cut your fucking losses anon.

>>17683101
> Most options expire worthless!
Who the fuck even holds options to expiration? I've been trading exclusively options for over 2 years, and can't think of one where the expiration date would have been the most valuable point. Have a target profit percentage, and get the fuck out.

>>17683125
S&P slipping to 2.3% green....

>DAX futures diving right before open
The German's aren't buying it. It's still bouncing on yesterday's low by around 1%, but it's gonna break somewhere soon. Also Italy's "rally" is completely gone after the open. I don't think this bull trap will even last a day at this rate.

is it going to start the day off green or red for the first few hours?

>>17683149
To elaborate, honestly I think Cramer's catch phrase works best here, bulls make money on options, bears make money on options, pigs get slaughtered.

Asian Coronavirus numbers down again. Italy is the last thing people pushing the scare have to hold on to and once everything else outside of Italy shows a downward trend, the quarantine will be lifted. It’s really restrictive and if news comes that Coronavirus is slowing the Italian people will want out.

>>17682873
We'll be there again, the market just got a little ahead of itself. To have the last 11 years of glorious gains we needed the year and a half recession so we'd have a low point to launch off from. This virus and oil shit is just a good excuse for the big players to punch reset again for the next moon mission. No way to tell when liftoff starts again but it will. In the meantime get comfy and enjoy the fireworks while they last

So how badly is Canada going to be raped by this virus?
We seem to be testing hard in my province but with the US right there spewing cases it seems useless.

Fuck stocks at this point what do I do to stay alive?

PREP

THE

BVLL

>DJI premarket jumped 700 points

>>17682873
yeah it is kind of weird seeing VOO fluctuate like a cryptocurrency lol

I hate this market

DOOMER STATUS: D E M O L I S H E D
BEAR STATUS: S K I N N E D
BVLL STATUS: S T A M P E D I N G

>>17682483
Sure Anon, don’t Panik!
the flu is over...

>>17682181
Explain me what's going on between these two cunts

>>17682904
Just go to trading view and search for SPX500USD. It's the Oanda ticker for the S&P 500 so there won't be the 10 minute delay you usually get when looking at futures prices. The only difference really is volume will be off but the price and chart is pretty dead on

I think oil companies would be good bet anywhere except now, this OPEC oil shit is going to last a fair bit.

BEARS ABSOLUTELY BTFO
BULL MARKET BACK ON

>>17683132
SLB

Is oil gonna recover a bit today? Should i hang on to my $37 exxon puts?

>DJI premarket @ 720+
It’s gonna be up at least 1200 isn’t it?

So are things recovering today you think?

>>17683149
A lot of people hold spreads to expiration

>>17683237
All back to normal by eod Friday.

Going green BOIS

>>17683101
FTSE MIB up 1.22%

Thread theme brought to you by our sponsor the FED and TAX CUTS:

https://www.youtube.com/watch?v=0HtyF0jux2Q

You could have predicted this

>>17683253
Seethe more

Can someone screenshot the last few pictures so we can laugh about the guys walking right into the obvious bull trap on Wednesday?

>>17683093
You're right. I say 8% because of an assumed alpha score (tolerance for error), as fundamentals and the market aren't necessarily correllated. I've brushed over a number of stocks this year just because of their over inflated market valuations. Still. Earnings is when I make it or might go into debt.

People don't generally trade off of fundamentals from what I've seen. Shows how prudent many people are.

>>17683237
Nice bounce to load up on cheap puts during wednesday

buying VIX puts with leverage like an absolute degenerate

dead cat bounce?

>>17683220
>but they told me this was the end

>>17683258
hard to do it when you have 100.000 completely different opinions in one thread

>>17683264
In your defense, -8% is by no means an unreasonable bottom, with this much volatility the best market analysts may as well be reading tea leaves.

FTSE pumping at 2.57%

>>17683127
I won't offer an opinion on the short term direction of the market but if you are bullish look into buying a leveraged ETF. SPXL is a 3x version of SPY (S&P 500) that is rebalanced daily so if the S&P goes up 3 percent in a day, SPXL goes up 9 percent. The daily rebalancing protects the ETF from a margin call since it starts every day at 3x. If you hold long term and the market has a gentle rise like we had the last 11 years you end up making much much more than 3x due to the daily rebalancing as well. If the market is very volatile or trends down then the rebalancing and leverage hurts you though even then if you have that long term bullish view you will make the losses back and much more. There are others like SSO for 2x S&P exposure, TQQQ for Nasdaq, TECL for tech stocks, SOXL for semiconductors, and so on. Those last two have made fortunes for investors in the last decade so pay particularly close attention to them.

I love how CNBC changes the numbers in the headlines of their articles, but it doesn't change the sentiment of the article. Article was dow climbs 900 points and basically screaming bullish, now it's 600 points and word for word the same, and screaming bullish. Wonder how low it could go before the algo realized the ridiculousness of it.

next monday is payout day for my F500 company, i'm guessing this is similar to other companies to time it before tax season. if that is true then shouldn't we see large inflows of cash into the market? or is it unusual to put a good chunk of it into your 401k?

>>17682902
Some people do that in their 401k, some people do it in their ROTH IRA, and some do it in a non-tax advantaged account.
It really just depends on people's investing style.

I do a mix of both. I have an IRA that's entirely passive and I just funnel money in. I realize that if I really actively research and do more legwork, then I might get a better return long term. I have better things to do than obsess about ALL my money all of the time.
I just take the hit to some of my portfolio, and only obsess about some holdings. I get a little bit of both.

Remember fellow put holders! We are due for a couple green days before another massive drop!

>>17682999
Depends on how passive your strategy is.
If you want to take the emotion completely completely out, then you just "put your money in pay pig".
Some people have really weak hands or are just bad at timing markets.

Is /biz/ now being invaded by normie fags and /pol/acks?

Remember to buy high and sell low faggots.

It's over.

Is there a free options interface available that shows all the greeks?

>>17683361
Yeah I guess we all have our own methods, me I do my max match contribution to my 401k for my passive investments and add liquid to it when I walk into a pile of money, and then actively almost exclusively options, if I buy shares it's probably a /biz meme for the lulz.

>>17683371
Doubftful. We'll crab for a few more days at worst. We're starting a V-shaped recovery tomorrow. Everything has quite literally already been priced in.

>>17683371
But muh AMD puts expire eow, we need to crash it!

>>17683394
>thinking about buying the top
>it's actually the dip
>stock rise to the heavens
>unable to sell into a loss
fuck /biz/ and fuck the bears

The bear will leave its cave forever....
then it gets killed by the golden bull

>>17683404
Maybe for US markets, but certainly not for Italy. We haven't even hit 2018 lows!

LOOK AT IT GO

>>17683404
> AAPL still worth more than last quarter
> despite doubts it will make any of their year end guidance

Doubt intensifies

SPXY calls and end of April puts. Let's GOOOOO

https://markets.businessinsider.com/news/stocks/fed-interest-rates-forecast-investors-expect-cut-zero-amid-coronavirus-2020-3-1028977490
l m a o

HOLY FUCK

It isnt happening

>>17683436
pure profit from this point on

Did Trump kill corona?

>>17683447
>Priced in 51% chance of 0% interest rate

Futures cannot be stopped we might be +1000 before the bell at this rate.

Also today is the EPS/CC for SNSS and since the conference they were going to release data at got cancelled, they might release it today.

Are people really dumb enough to fall for an obvious bull trap?

>>17683449
this has only been a taste of what is yet to come.
Right now, a single bad headline can send the whole thing crashing down even more than before, the smart money is already out of the market, the suckers who are going to take the fall are buying back in now.

>DAX +2.31
>FTSE 100 +2.85
>FTSE MIB +2.80

>>17683495
Bear's back on the menu boys

>>17683480
Bull trap was last week fool. The bottom is in

>>17683399
Robinhood

REPENT

>whole country quarantined
>index shoots up almost +3%
can't be more obvious than that

>>17683523
Yeah.. I'm thinking the Lambo's in sight

>>17683525
the order went out to buy whatever they can, it won't last

>>17683473
SNSS looking better and better every time I peep at the chart. I hope you get rich off that shit. Lemme ask though, what's the chance it pivots off resistance and dives back down?

bros...what the fuck is happening with this futures??

did the drumpf promises had effect??

So who manufactures oil drums? Is it a good idea to buy since the oil is low?

Happening cancelled you fucking bears I knew the market would get saved by Trump.
Now I'm going to make so much money.

>>17683539
40 4 calls I bought with profit on something last week could end up being as nice as my spy puts were, we shall see.

>he sold because "it's obvious it's gonna crash bro"
Fucking zoomer still don't realise the numbers are not following anything, except if big bois want it.

requesting link (or name) of that youtuber predicting the monday crash and talking about the debt bubble and corona being used as a cover for the market crash. I think he had an italian surname. Video has the city skyline on the background. Some anon posted it yesterday.

>>17683466
This is all such a fucking circus.
I wish we could've hit the year with 3% or even higher.
This is exactly the kind of black swan event every sane person kept warning against.
What the fuck do Econ students even LEARN that makes them consider this bullshit remotely tenable?
I'm not a lolbertarian but increasingly I feel like the inflexibility of a gold standard is exactly what we'd need to safeguard against these kinds of abuses.

>>17683509
Oof big boi

>>17683564
Buy bitcoin

Can anyone confirm if china has resumed factory work and export?

>>17683553
Beware of inflation

Reminder that basic economics is shit, there is no way to predict anything.
Just go by emotions and fuck it all

>>17683544
That's all up to the data.

>>17683572
>the world's biggest ponzi scheme (the petrodollar) is collapsing right before our eyes
>I know! let's buy into another ponzi scheme, onyl this one is not even backed by an army!

yeah man, best idea ever. I'll stick to shiny rocks, thx.

>>17683564
Memorizing and knowing are far different than in depth understanding.

>>17683579
It mostly has.

>VIX down 20%, dropping further
>Everything else pumping
Yeah, we're on our way back. People have finally realized it's fucking nothing. They don't care anymore.

>stock market "recovers"
>Bonds still fucked
>credit houses still fucked
>housing still fucked
>10Y and 30Y still fucked
>nothing was solved with Corona
two weeks ago the idiots predicted smooth sailing after tuesday
one week ago they predicted a smoth return to bull after wednesday
today they predict a full blown return to bull market
some people don't want to learn and will continue to eat shit

>>17683579
they have been doing that for a while. Please realize the shock will be bigger in the western world due to a coordinated campaign aimed at disguising the market crash as something caused by a memevirus

>>17683620
>Yeah, we're on our way back. People have finally realized it's fucking nothing. They don't care anymore.

The market never falls or rises in a straight line. This kind of volatility is to be expected for a long time. I believe we'll see an even worse friday than last week.

I have $4600 dollars in the bank, is it enough to get into stocks during this crash?

>>17683602
That is a glitch, they do happen from time to time, at least this time it isn't a standalone thread.

>>17682805
Huehuehue

Oooh guys, SLACK calls are THE day trade today imo, grabbing calls at open to ride momentum to earning tomorrow, selling most if not all by close.

>>17683602
the fuck is your point with that screenshot? it was an error.

>>17683640
Mmmm. Chutney my dear?

>Dax up 3%

Oh wait. Its dumping again -1% in the last minute

>>17683644
>they have been doing that for a while
Thank you for the info.

>by a memevirus
I don't know what to believe anymore, I constantly read opposing research material.
I'm taking everything with a grain of salt for now but if that 10% hospitalization rate is correct then I'm holding my heart.

I really hope its a meme flu

The market needs to stop going GREEEEENNNN REEEEEEEEEE

>>17683644
>This market never falls
Exactly. We'll be back on schedule by eom

>>17683679
it's a fake spring to trick suckers out of their money.

>>17683310
I will keep that in mind. Thanks. Gonna do some research

Come on guys we don't have short term memory do we? We watched this exact scenario happen last week and the week before. We're expected a green day after the blood bath yesterday.

>>17683681
Doesn't matter the oil war is now worse than corona and corona was bad enough.

https://www.worldometers.info/coronavirus/

fundaments are still really bad

>>17683572
>Buy bitcoin
Yeah, nah.

>>17683616
>Memorizing and knowing are far different than in depth understanding.
True, but like. What even are they teaching these people?

>>17682235
Dont buy these companies. Dont buy oil stocks at all. They arent going to make good quarters for 2 years. Oil needs bankruptcies first before any will become decent again.

>pass out the instant I lay down yesterday at 5:00pm
>wake up all groggy
>it's 3:30 am
>futures UP
nice!

APOLOGIZE.

OH NO NO NO NO NO

SHORT-ITALY BROS WE GOT TOO COCKY!!!

>>17683248
Now it’s absolutely surging
+3.10%
(Granted... after a 15% single day crash
Wonder how much of my gains I’ll give back in the morrow.

>>17683740
what oil company do i short? bonus points if they have enough daily volume to be day traded.

>>17683326
I’ve been noticing that when I use the app to check futures! It’s sort of dynamic, much more interesting on crab days where it has to alternate from back and forth from rally to selloff.

>>17683690
havin a giggle there eh mate

>>17683681
it's not about the virus. The measures that are being taken to "prevent the spread" are absolutely disastrous for the economy. The real economy. The market, unless artificially pumped (again) will keep dropping. Forget about the virus, the real virus is the msm and the WHO creating panic and disguising a well overdue market crash due to debt bubble over debt bubble with the virus. It was never about the virus.

>deutsche bank +5%
JUST

>>17683513
OHHHHMONONONO

>>17683722
Honestly, I think the virus is essentially done, warm weather is killing it as expected, all Apple stores minus like 5 have opened in China, they're back to life. There's still no visible bull case in my opinion, I mean beyond we're all not gonna die.

Huge bulltrap / cat bounce massive opportunity to buy UVXY for tomorrow

>>17683559
Anthony Fantano?

What are the smart buys during this uncertainty for long term gains?

>>17683762
>artificially pumped
I’m tired of this meme like any of you know the workings of the market instead of just noticing trends and assigning hypothesis to them, then when they repeat you assume your hypothesis is correct.

If we are in a decline, do you think the market makers want to keep selling their shares after they lose 15% or their value? Maybe selling pressure is letting up so they can let others buy the dip up a few % then they can sell for a higher price.

>>17683559
Greg Mannarino

>>17683700
and it gets worse every time
if this continues the next drop will be 4000 points

>>17683798
hard drugs. they're always in demand.

>>17682181
> Only need 0.25 ethereum
> Have to send picture of password + last bank account statement to any exchange and wait for 1 day or longer

I don't get it. How do zoomers accept this bullshit?

>>17683513
>>17683781
Fuck Robinhood so bad, the only reason i havent transferred is because i would miss out on this market volatility for a week waiting for them to transfer assets. Got me stuck betting up a few days ago now im bag holding

>>17683748
The entire country is on lock down, we'll be fine. Or will we? Is this what coping is? Posting telling everyone it will be fine? Let me rephrase this. Here's some facts. 10-15% of Italy's GDP is dedicated to tourism. Nearly all travel into and out of Italy is frozen. The entire country is on lock down. The country has awful fundamentals. They have some of the highest average ages in Europe. We also had a bloodbath yesterday, so we're due a green day. The cherry on top is we haven't even hit lows from 2018. Remember to always be long the entire market and be short the short term weakness. God bless you anon.

>>17683735
Try a course on edx and you'll find out.

>>17683803
What you're saying would be correct if this wasn't a heavily manipulated market. However, it is. The big boys have access to real info on when to sell and when to buy. If that is the case, the "market makers" do not give a flying fuck about the market crashing, they have already cashed out and are waiting for new lows to buy back in. In the meanwhile, putting major shorts on the market, aiding in its downturn.

>>17683804
that's the guy, thanks!

>>17683803

WAIT!
What’s that about AbbVie closing down Some production Facilities maybe something About China?

>>17683783
Maybe I really am worked up over nothing, and it’s not going to overtake Los Angeles like a typhoon of typhus.

>>17683798
For me, it’s KO, PEP, JNJ, and usually MRK.

But I’m really liking how LLY is not going down much at all. They made an announcement about not expecting any difficulties with the China shutdown because they don’t source from china.

But what if they’re wrong? Or what if Italy or somewhere else hit by corona IS a major supplier?

haha brrr

>>17683860
Based AF
>>17683835
>that pic
Please tell me you’re not one of those “this is a bioweapon, bill Gates is behind it all” guys

Can someone explain to me how I'm at a loss after buying TVIX on Friday when SPY was at 291?

>Dow futures up 1050
We're just gonna wipe away everything that was lost yesterday.

>>17683860
People mock the An-Cap in this, but it's true. Central Banking has been a massive psychological warfare against low time-preference and skews extremely hard for high time-preference financial solutions.

>>17682307
pic related was btfo in original post

>>17683872
no, I don't think it's a bioweapon at all. I think it's a huge disinfo campaign that will hide the real causes and people responsible for the bubble popping.

If anything old bill will be cashing in when they start selling the vaccines to governments. Something he has already done in the past. Also, a lot of people on the WHO are on bill's payroll. but this must surely be a coincidence, right?

>>17683828
>Is this what coping is?
Thank you for posing it this way, i think it is. I’m going to follow the tao of the rat on this one, and take profits until EWI has made enough of a return-to-mean retracement before I can reshort.

Also there’s an ECB meeting Thursday and I don’t want to be caught on the wrong side of that, who knows what could happen. They could fuck it up and dump it but I don’t want to take that chance. My puts should still be in the money in the morning.

Dax up 3,4 %. Anyone trusting this pump?

>>17683220

I hope you're joking. Stocks plummeted, and they're going to continue doing so for a while as more cases of Corona pop up.

>>17683132
RDS
BP
AAPL
CVX
BA
T

>>17683907

>>17683394

This board is literally the crypto offshoot branch that originated from /pol/. If you don't fit in, you're the one that doesn't belong.

>>17683220
So US is basically doing fuck all testing. Two weeks ago Italy had 50 cases. Now they have like 7000.
US has/had like 500 cases day ago.

You can probably estimate the growth by factor from there.
Bullish for volatility.

>>17683916
China is basically fully back up and running. The virus is completely contained. Extremely low mortality rate.
People are beginning to realize just how overblown it all is. We are back.

>>17683889
Uhhhh I mean he’s very preoccupied with eliminating diseases, that’s what he wants to be his legacy. He’s already made enough money and that’s something rich people really like to do.

It’s why they do weird stuff like donate to their community college they attended for a summer so they can get a wing in the new building named after them.

I’m glad there are suspicious people out there, conspiracies exist and sometimes they unearth them. But sometimes the evidence is veeeeeery flimsy and the dots aren’t that close together that they should be connected.

And I get that also, because it’s fun. It’s interesting. Many years ago a big airliner went missing without a trace and no one could find any debris or anything. I started hypothesizing that it was organized crime had made it disappear to capture someone on board, similar to that one episode of Death Note.

Well eventually, like months or years later, debris started washing ashore. The shit probably crashed and currents had the debris caught up in some currents that prevented it from washing ashore. But that’s boring. Its more appealing to the mind to think that there’s a controlling force that conspired to make it disappear. You know?

> And the idiots couldn't see that all this frivolous spending, they were mocking the economy, and they made the economy very angry. We're all feeling the economies vengeance because of materialistic heathens that did stupid things with their money.
Do you understand son?

>>17683884
Link?

>>17683952
Italy's rate of mortality is 5%. 6% in the Lombardy region.

I'm seeing a lot of +4, is it just temporary?

50% limit down anon are you here? Probably not since you have a day job

>>17683973
> There are different people casting all different kinds of blame from person to person. But the fault lies in all of you! [starts pointing at random people] YOU, who bought that three hundred thousand dollar house when you only had twenty thousand to put down? YOU, who bought that third car, even though only two people in your home drive! It is time to stop pointing fingers! [speeds up his rate of pointing] Finger pointing gets us nowhere, Steve! We have mocked our Economy. And now the Economy has cast its vengeance upon us all!

>>17683973
This is the logical conclusion of chartism

>>17683650
That's plenty. This is the play you are looking for. Deep in the money SPY LEAP for maximum safety and returns.

>>17683952
I believe

>>17684029
Based and Carlyle/Moldbug pilled.

>>17684030
That's a smart way to get a long levered exposure without risking a margin call. But usually the liquidity is pretty crap on these long-dated deep ITM options.

>Japan unveiled on Tuesday a second package of measures worth about $4 billion in spending to cope with the fallout of the coronavirus outbreak, focusing on support to small and mid-sized firms, as concerns mount about risks to the fragile economy.

WOOOOOOO
WERE BACK BABY
KOBE BEEF ON THE RUN!!!!

>b-but that’ll devalue the yen!
Fuck no! They’ve been trying to devalue the yen for years and they can’t! The newest tax hike might help but there are larger forces work.

Heh heh
Brrrrrrrrrr

*no the US is not Japan, I’m just saying

>>17683973
>>17684017
>>17684029
> We have become lovers of pleasure rather than lovers of the Economy! There are those who will say that the Economy has forsaken us! Nay! You have forsaken the Economy!! And now you know the Economy's wrath! O thoust can shop at a sporting goods store, but knowest thou that the Economy will take away thy Broncos' cap from thine head! Mock the Economy without fear! Thine own stockbrokers... now lie dead by their own hand and thou knowest that thy stockbrokers did not fear the Economy! Well here we are, my friends! You have brought the Economy's vengeance upon yourselves!

What's so ridiculous about hucking squirrels at someone for mocking the economy?

>>17683899
Trueeee. I'm off to bed now, I have no interest in staying awake for tomorrow's market. The fun was yesterday.

>>17683510
Bulltrap is after every major drop

>>17682328
That's a guy isn't it?

>>17682420
>I lost so much money in less than one month
you havent lost a thing until you cash out

HAPPENING CANCELLED

>Greece finds first COVID case on the Isle of Lesbos

OH NO LESBOS WE GOT TOO COCKY!

>>17684103
Oh god damn it that’s already on? I gotta go to sleep.

I sense a disturbance in the force..

>>17684103
>DO NOT TOUCH ME, I HAVE BIG HANDS, THEY ARE BIG, BIGLY BIG

>>17682228
Kel

>>17683973
>>17684017
Margaretta Ville is the best episode they've ever done

>Cabot Gas going up because if shale production is cut, natty gas supply plummets

OH FUCK IS IT TIME FOR THE NATTY SHORT SQUEEZE?!

>>17684131
the absolute state of /pol/

>>17684134
I was coincidentally watching it while watching this ridiculous market action, and I found as much logic in Randy's words as anything anyone on CNBC is saying.

>>17684103
if he hasn't then wtf, why not?
if he has then why are they lying?

>>17684131
That is some weird shit

>>17684143
It's actually kinda based though

>>17684030
can you recommend a trading platform?

I want to be ready for the next flash crash

>>17683952
> implying numbers are real
> implying there isn't going to be a reinfection from outside

>>17684152
If he hasn't, because fuck off he's a regular guy at heart, would you rush to the doctor to get tested if 2 people you had been near had also been near people who had been near people who were sick? I like a strong president, not a hypochondriac.

>>17684131
Jesus christ

>>17682832
Thank you my man.
Yesterday I THOUGHT I bought 2k leveraged S&P, turns out the order didn't go through for some reason. Hurts.

>>17684189
NEW

>>17684189
NEW

>>17684189
NEW

>>17684189
NEW

>>17684189
NEW

what the fuck why is it going up
sell motherfuckers

>>17684192
>>17683068

>>17684167
IB is solid

>>17684174
He's the president
They should be checking his shit all the time esp since he's a 70 year old man with a bad heart (that's a secret) and benign prostate enlargement

>>17683182
be under 50, mildly healthy and not immuno-compromised by god's fag killing disease or any other natural pruning diseases.

>>17683998
Italy has one of the oldest populations, it makes sense the mortality rate on a disease that kills proportionally more people over 70 than all other ages combined then yeah it makes sense that it'd be heightened compared to say, China's 3.8 (allegedly) or South Koreas where they've had almost 8 thousand cases but only 54 deaths.

>>17683970
>Uhhhh I mean he’s very preoccupied with eliminating diseases, that’s what he wants to be his legacy. He’s already made enough money and that’s something rich people really like to do.

that's as naive as it gets. I'm sorry man, that's on level with believing in santa and the earth being flat. rich people never have enough and are huge power junkies. What the fuck was bill doing promoting common core education? Oh yeah that proved to be really great for schools.

>It’s why they do weird stuff like donate to their community college they attended for a summer so they can get a wing in the new building named after them.

now this is beyond belief. It is common knowledge they do this stuff to avoid taxes and funnel money through fundations and NGOs.

as to the rest of your post, I didn't follow the plane crash, I'm guessing the malaysia one? Debris showing up and the media showing you that is proof of nothing, but if you are able to believe that, good for you

>>17684124
looks like a trap
puts on apple it is then

>>17683831
>Try a course on edx and you'll find out.
That's a good idea, actually.
Thanks.

The market was so sick. I'm glad to see that it's healthy again.

>>17684209
thanks i'll check it out