/biz/ - Business & Finance

Reminder that this is the only thing you be hodling right now.

>>18829508
nah, these

Status>Money

>>18829508
I like SAND. Whoever recommended that has made me a reasonably large sum of money, and I'd like to thank him if he's still here.

Biggest RIP for stock markets in monday.

Berkshire will start the chain reaction for the ultimate dump

holy shit can anybody listen to this dribbling old fuck?
makes no more sense and has no more apparent lucidity than the average truck driver

Thinkgen of shorting Manulife
t. leaf

For anyone who missed the SJW proposal:
>>>/wsg/3431188

>"the aerospace industry is a large part of the aerospace industry"
holy shit, really some insides views here, lol

>>18829673
Jesus...

>>18829435
>Michigan Department of treasury bought 4.3 million shares of MVIS

Uhmmmmmm... what does that mean? This thing looks like it will be UAVS 2.0 on steroids. Stock twits boomers going crazy over this shit.

>>18829840
Wait, Vanguard Group bought almost 4 million shares? That's a good sign.

>>18830253
Vanguard and blackrock HAVE to buy nearly every stock because they run the ETFs. Don’t forget that brokers also have to own stocks so they can let their clients short them.

>>18829435
wtf warren is still talking? I took a nap and went to the store and it's still on.

BUFFETBUCKS

Is he still talking?

I only respect cunny, bro.

>>18830865
it would appear to be the case
doing the Lord's work
t.SPXS TECS SOXS ÜBERMENCHAD

>>18830882
based

>>18830643
>>18830253
but why local government?

>>18830718
What’s that

>tankers mooning to 200x levels
we're going to lambo town

>>18830838
Why would you though? Its essentially a SPY, but performing worse.
Not factoring in the -5% tank we will see on monday after Buffoon just announced a 50 billion dollar net loss.

Also I feel for the /biz/tards holding airline stocks, BA or anything resembling a flying object below 70km. Because they will die tomorrow.

>>18830882
based

>>18830882
You do you fren

>>18829673
They overwhelmingly voted it down? There’s some hope for us yet.

>>18830992
The vote is performed by shareholders. There were >400k 'no' votes and ~65k 'yes' votes. This suggests all the board said 'no' because they're the majority shareholders.

>>18830973
>have like 10k in BA, DAL, and LUV
oh well. i always considered them long term holds.

OUR AIRLINE POSITION WAS A MISTAKE!

>>18831030
>these garbage-tier stocks
>any kind of hold, let alone long-hold
MY FUCKING SIDES

>>18830992
>>18831007
>>18829673
In case you don't pay attention to proxy votes, both diversity proposals and green proposals are spammed at every share holder meeting and they are all voted down.

>>18830933
But when is the moon happening?

>>18830933
How did they get to wear clothes???
Is it real?

>>18830912
He said if he had a money printer like the fed he would print infinite buffet bucks.

>>18829673
ugh

>>18831036
My Discount Sushi was bad.

>>18830882
This is actually pretty based.

>>18830909
State worker pension funding. The stock skyrockets. They sell. The state workers retirement accounts increase. Win win. (unless the stock tanks). The tax payer hates state workers cause meh benefits. So for the state to increase taxes (or add other revenue sources) just for pensions is a sure fire way to get the boot from state legislative office. But they have to provide some perks otherwise no one would bother working for the state. So investing in stocks is a win win deal for everyone.

>>18830973
Vanity. I simply want the most expensive stock on the market, lol.

>>18831030
I have 100 SPCE shares.
Might drag them down as well.
Meh. Another round of covered calls and getting 100$ a week.


>>18831030
>>18831040
Why not Lufthansa, Air France or some other national Airline that literally cant go bust?

Im thinking of getting some actually. If they have problems the gouvernments will help them.

>>18830882
Very based.

>>18831030
I can understand Boeing at least, but why would you want to long airlines? They dont even pay dividends?

>>18830882

>>18831097
the main reason i liked those three is i considered them guaranteed bailouts.

If my XOM shares go even further down on monday im gonna kms on stream

>>18829673
based berk shareholders:
>For (affirmative action garbage): 65,925
>Against (affirmative action garbage): 485,824
>Abstain: 3,766

>>18831097
>national Airline that literally cant go bust?
Doesn't exist. I think AF is relatively safe, anecdotally, because it's cheaper and faster than the train for local travel so all the French prefer it when they have to move day-to-day (which is a lot of them). They're also opening back up soon.
However there's no real requirement for the government to bail them out and the French government already paid out the ass (see the gdp-relative stats) for covid so far. Historically, "national" airlines haven't been bailed out even 50% of the time in many countries.

>>18831097
Good call, robinhood millennials have made selling options too easy, the liquidity has skyrocketed and premiums are all great

Just by correctly following the trend you can double your account sometimes.

t. very old man

>>18830973
Puts on AAL as fast as you can put the order in on Monday. They're the worst positioned. Some analyst at Evercore put them at a $1 price point the other day as well.

>>18831132
S

>>18831132
They are guaranteed to go further down monday.

>>18831155
Based and premium pilled. My pay pigs are coming round again on Monday to drop off their lunch money.

>>18831132
I sold my poots for a 400€ loss a month ago. FUUUUUUUUUUUUUUUUCK.

I'm cashing out my 401k, taking out a loan, maxing out my CC's, and taking out all of the money in my checkings and savings account, going all in on Airlines monday, who's with me? Lets see if I'm right...

>>18830882
>>18830905
>>18830976
>>18830990
>>18831077
>>18831109
>>18831117

>buffett literally shitting on airline stocks
What will happen to 11 polo shirt investors?

>>18831208
Rooiner posting has gotten pretty advanced

"how much lower can it go?"
-t. airline gamblers

>>18831228
He’ll be down to 4 polos

>>18831192
I’m comfy buying and selling back my puts intraday for 30-100% ROI in this stupid clown market.
>t. TSLA 0DTE puts and calls took my account from 40k -> 1.3m over the last 6 months. :)

Thinking bear credit spreads on AAL

>>18831082
https://finance.yahoo.com/news/microvision-receives-nasdaq-global-market-123010455.html
or they've got a friend involved and want to keep the company in the market

>>18831241
How low? Zero.

>>18831241
It's true though, how much lower can it go? Answer: Not much lower.

>>18831258
You didn't learn anything from WTI did you?

>>18831270
How can a stock go negative unless you are facing jail time simply for holding that stock?

>>18831126
Fair enough
>>18831150
>Doesn't exist.
Sure. Technically LMT can go bankrupt. Realistically the gouvernment will never allow that.

Lufthansa is a sure bailout. Employee wise its the biggest airline in the world and the gouvernment was already talking about some state aid.
There is no way its going bankrupt.

I also think RyanAir and Wizz are in good shape btw.
>>18831155
True.
Even MSFT or BRK give me like 400/contract for weekly ATM Calls. Its ridiculous for an essentially no-risk play.
>>18831160
I stay away. I fear trump tweeting some "Money on the way. AAL saved!" or something.
>>18831228
Quick run down?

>>18831264
Way way way lower

You airliners are kidding yourself. No one is flying. There are no international flights. Everyone is teleconferencing. There are no sports or places to even fly to.

>>18831298
>Realistically the gouvernment will never allow that.
You haven't done your didly dildos at all senpai. Go to it or you are in for some burns you're not prepared for.

>>18831315
I have literally never seen the inside of an airplane.

>>18829508
S&P/Gold is down to around 1.6-1.7 so stocks are overvalued but not by that much

>>18831219

>>18831298
What's a relatively cheap stock with high premiums right now?

>>18831335

Fuck that took forever, I'm going to get food now

>>18831111
what a waste of quads

>>18831341
Ticker is CUN/E

>>18831382
Upset because airlines got BTFO by quads and Buffett?

>>18831315
It's true. I picked some one up at the airport the other day beside the 2 cop cars I was the only car in the entire arrivals zone. There were 14 people on the flight and a dozen of them were airline employees.

>>18831322
I never buy a stock banking on a bail out.
But there are industries that are too valuable and cant be replaced by others. Defense is one of the prime examples.

The US will not start importing rockets from Italy and have research labs in Sweden contracted to design a plane.

After that there are big companies that decide an election. If Ford or GE die they will vote against the guy who let this happen. It can happen but the officials in charge would have to literally stop caring about getting reelected. Theyd rather do a long, slow run down of the company before they let the shell go bankrupt.

>>18831341
SPCE
IV is 200+
I think I saw 400+ at one point.

That being said, only buy in with one contract and let it fund your weekly food budget. Its not AAPL. It might crash tomorrow and go to 3$.

>>18831432
You can just say you picked up your ugly gook wife been your lung disease appointments.

>>18831434
Its so funny that you said SPCE. That was the one stock I was thinking of dumping into for options writing.

>>18831434
>The US will not start importing rockets from Italy and have research labs in Sweden contracted to design a plane.
But other countries would, and last I checked air france isn't an american national airline.

>>18831264
one or two airlines may be near their bottom but the other ones are going to go bankrupt and nobody will buy them

>>18831407
No I was actually samefagging

My only position on airlines was 40 shares of United 21$

>>18831407
Buffet doesn't know shit people will still need to travel. Worst case scenario everyone gets corona and none of this matters in 2 years. But the government will lie and say they are outbreaks so they can lock us up and take our freedom

>>18831478
Moron.

>>18831388
kek

>>18831478
The damage is already done and it will take years by all estimates for it to be recouped. Learn to read between the lines. Trump said he'd buy 4-5 years worth of airline tickets. Why would he want to do that? Because the airlines have received damage that would take 4-5 years to recoup.

>>18831453
I mean they have zero corona problems because they have no profits but huge amounts of money.
>>18831455
>But other countries would
Whats your point? Im not saying that obscure Belgian companies are safe, I argue that some companies are too big, too important and too connected to the state too fail.
In the US that would be LMT and some others.
In Europe Airbus or BA.

These companies will only fail when the countries backing them fail.
> and last I checked air france isn't an american national airline.
The ability to have a company too big to fail is not exactly an American one.
KLM-AF, Lufthansa are so connected to their countries and Europe that they can not be allowed to fail.

I'd like to buy in to airlines but it seems a hair early days for that just yet. One bad news release suggesting grim outlook is a minimum -20% gap down and probably more. I'd like to wait until the narrative changes from 'should survive?' to 'will probably survive'. But that might be a late entry. Maybe i'll just do it via TA and not make the position too big.

>>18831378
Based Murata. I own one of his art books.

>>18831538
Please go all in on these companies then. Let's put our money where our mouths are and see who reaches for a soup kitchen first.

>>18831554
>Some companies are too big to fail long term
>Means you need to go all in immediately short term
Id rather just continue fleecing /smg/ and /wsb/ tards for precious theta.
But ok
>>18831549
I mean we should wait till flights actually start going again. I know first hand how no flight is going anywhere right now.

What is the best investment market news source that's straightforward, not sensational?
Which one do you use?

>>18831659
For Americans, I forgot to say.

>>18831554
I went all in on air Canada when it was $12 I'm up alot of money so far

>>18831659
Balance sheets and earnings calls. Everything else is FUD from some hedge fund.

>>18829435
damn buffet looking old af today

... In Hong Kong they are now condemning citizens who hand out flyers on the street and sing songs as radical extremists, then acted out a bomb threat by themselves, and claim they're thinking about increasing the risk level of terrorism in Hong Kong to High, claim that the international law which allow them to confiscate property of suspected terrorist will going to present as a useful tool to educate the public.
How can I protect my properties against such law?

>>18831298
Where to find a qt anal masturbator wife and mother of my children bro?
>>18831434
>I never buy a stock banking on a bail out.
But a bond?

I’m getting real excited about corporate debt, bros... fingers crossed for a big down day. Even if it annihilates my asshole in the semis I bought last week and my huge brkb stack.

>>18831659
>market news
Not exactly... but I follow some analysts. Check out mike Wilson’s most recent piece:
https://youtu.be/2Pqe1Llijp8

>>18831612
When the flights actually restart wouldn't it be more like the "sell the news" phase
Also, of we look at the 2001 experience, companies might still fail a bit of time after the crisis is over

>>18831724
Hong Kong anon, are you back?
Or are you a different hong konger?

Listen. I'm shredded, very well off, handsome even though I started the typical western world balding process and I just want to go to Japan to fuck jap chicks. Is it too much to ask for? OPEN UP THE WORLD ! FREEDOM!

>>18831784
Id rather miss the first pump and not catch a falling knive desu

>>18831724
make sure the property is not in hong kong

>>18831790
I am still in the thread from time to time

Fellow options writers, how worried are you about accidentaly adding another number to the amount of contracts and getting horribly btfo and margin called? Scares me, desu. There's no risk of this when you're just buying stuff.

>>18831797
>wanting to ruin qt, pure nip girls like you've ruined white roasties, with rampant promiscuity
Bluepilled.

>>18831851
If you accidentally write extra options, if you're fast enough, you can buy it back and not lose much, if any money.

>>18831549
>boatposter
based

>>18831859
b-but /cvg/ told me it was airborne aids with a 30% fatality rate

PD
TT
RDFN
INFO
WORK
RMD
OTIS
ROKU
CARR
ZM
If I bought these on monday, would it hurt?

>>18831876
I'm pretty new to this. What does that mean? Buying call options with the same strike price and expiration date? You can't reasonably get in touch with the buyer of what you've written.

>>18831724
>How can I protect my properties against such law?
That’s a tough one. Continue to not engage in any activities that draw attention to you. Maybe if you have any relatives overseas you could reach out to them and see if you can transfer funds to them?

Do you have maybe a foreign account to transfer funds too? Or are you more worried about physical assets?

>>18831901
Reminder that /pol/ is always wrong, but still worth paying attention to from time to time.

>>18831851
Wait are there people here writing on margin? I thought it was just people selling covered calls/puts. Naked options writing is retarded

>>18831939
I'm not sure if the broker would stop the trade if I don't have it covered. That's why I'm asking.

>>18831699
I can tell from your post that you'll hold onto it for dear life as it spirals all the way to $0 even long after bankruptcy talks begin.

>>18831706
>Balance sheets

Lmao, don't waste your time. Anything that can be found in a 10k is unironically priced in.

>>18831920
It would be extremely painful (for you)

>>18831901
>0 aged 0-20 die of covid n Ontario
>7 aged 20-39 die of covid (probably with some underlying condition) in Ontario
>shut everything down

>>18831956
They will unless you applied for writing naked options and the let you
I'm guessing that isn't the case

>>18831934
>new to this
Yeah I can see. When you write options, you do a "sell to open". When you want to "buy them back", you do a "buy to close". This closes the position by buying back options at the current value. The net credit (money you gain) is the difference between the premium when you sold it, and the premium when you bought it back. You can also (and this is often done) wait until expiry if the options are still out of the money. Then they expire worthless and you keep the full amount.
So if you "sell to open" too many options, then you can put in a "buy to close" right afterward and not lose much, if any money. Though you will lose some money in commissions to the broker.

>>18831980

It's clearly a controlled demolition of the economy.

>>18832005
economy was going to go bust due to many other factors, and the 2008 recession showed us that people will not tolerate a bailout due to failing businesses, so they shut down everything to justify giving expensive bailouts

>>18831315

This. Getting bored of kids on here living with their parents pretending this is not going to be a worse than Great Depression tier event.

See you on Monday lads

>>18831980
>just traumatize a couple of generations by making them watch their parents and grandparents die from kung flu because stonk line must go up
Nothingburgerers are bad at pricing things in.

Picking up JETS6p, GLD170c, and SPY140p on monday. Maybe TVIX too

>>18831986
I see.
>buy to close
So purchase of the same option would cancel out the first writing? With call options, I wouldn't need to hold cash to be able to buy shares to be able to execute my options in case the other guy wanted to execute his?

>>18831965
Why would it go to zero over a fucking flu. Car accidents injure millions every year we dont ban cars

>>18831937
>>How can I protect my properties against such law?
>That’s a tough one. Continue to not engage in any activities that draw attention to you.
Well yeah it can indeed help reduce the risk
>Maybe if you have any relatives overseas you could reach out to them and see if you can transfer funds to them?
humm I don't have any close enough overseas relatives that I could entrust my funds to...
>Do you have maybe a foreign account to transfer funds too?
Probably it is time to actually doing the paperwork to make such account as people have been talking about... but then another question is that wouldn't those oversea banks be asked to compile with the same international law against terrorism?

>>18832115
I rest my case.

>>18831264
I think its possible to determine a lower bound from the actual asset holdings these airlines have. That becomes the "make it or die" point for the stock.

>>18832103
*I wouldn't need to hold cash to be able to buy shares and execute my options in case the other guy wanted to execute his
I need to go to sleep. It's 4 am over here in euroland.

So basically everyone who bought TVIX is going to make a shitload this week

AUGH BUFFET WHY

Also 45 minutes to movie night, tonite's feature will be Howl's Moving Castle (2004).

>>18832177
yes brother

>>18831851
>margin call
How about don't open a margin account unless you know what the fuck you are doing first? Use a cash account.

>>18832121
What case? You think airlines are going to go away over a flu? People arent scared of flying they are being forced not fly by the government

>>18832231
Case in point.

>>18832115
>car accidents are contagious

>>18832230
I had a 30k margin call in my first month. Some people only learn by getting fucked

>>18831851
>how worried are you about accidentaly adding another number to the amount of contracts and getting horribly btfo and margin called?
I always check twice and then panick after the ding and check again.
Never failed... so far
>>18831883
Based
>>18832103
>With call options, I wouldn't need to hold cash to be able to buy shares to be able to execute my options in case the other guy wanted to execute his?
What?
If you sell call options you usually know what you are doing or have them covered. As in "Buy the stock, write the call" or Buy-Write for short. Or write them whenever.

You can write call options naked but my advice would be "dont"
There is a reason why your broker cant give you a loss potential, as it is infinite.
>>18832163
I see
Nachti

>>18832250
>I had a 30k margin call in my first month
Unfathomably based

>>18832230
>dude just wait 2 days for your stocks to show up
>and if they dont just kill yourself

>>18832267
Congrats on being clinically retarded. I'm sure this extra chromosome will serve you well.

Monday

>>18832247
they literally are have you ever seen how scared a cop gets when theres a pileup in the left lane during rush hour

>>18832250
I've lost more than that but it was all my money because I don't go into debt over dumb shit. I bet you don't pay off your credit cards and student loans too?

>>18832267
You are fucking dumb. Do you know how anything works? Obviously you don't when you say stupid shit like that.

>>18831082

Win win win

Now go back to looting CALPERS bitch

>Bought both UAL and SAVE last week for a total of 8 grand

RIP in peace my money for like a year

>>18832308
Buffet says 3-4 years :)

>>18832308
Why not sell for like a $500 loss and reinvest that money elsewhere?

>>18832177
>>18832203
I need some proofs

>>18832320
Trump says 3-4 years, buffet says forever.

>>18832327
It’ll go back up. It’s just gonna take ....awhile.

>>18832295
Big if true
What's the R0 of car accidents

>>18832328
I’m sorry, I don’t have photos of my polo shirt or sports memorabilia collections handy

>>18832252
>what?
I meant that if you've written call options and want to buy them back to have zero net exposure to the underlying instrument, you'd still need to hold cash to be able to buy stock with your options in case the other guy wants to execute his, right? Even if you've bought the same options at the market, you're still obliged to hold the terms of the contract you've written, I'd assume. The other guy made it seem like the buying part was the end of it.

>>18832177
>>18832203
Based TVIX chad bros.

Why is zerohedge so cruel ;_;

>>18832337
Yeah but if the loss is negligible, why not just sell and put your money into something that will allow you to regain your small loss and obtain a small profit?

>>18832337
Do not fall for the meme. If its going down, sell it. You don't just lose the money for a few years, you lose the potential gains for those years. Instead of sitting it in an asset thats losing value you should put it in something that will gain value.

>>18832177
when are we selling?

>>18832328
Maybe, I'm glad I decided to hold over the weekend.

>>18829840

Looks like a pure PnD

this penny stock has been going straight down for years.

>>18832386
700

>>18832374
That is pretty mean desu

>>18829435
Just give me one reason why I shouldn't pull out a $100,000 margin to go all in on $DFEN at open on Monday.

>>18832400
I know it is, thats why I only bought 60 shares

>>18832374
Fucking savage

>Buffett waits until people buy the airline dip
>Unloads his bags
>Tells everyone they're shit a month later
>Going to trigger another selloff monday
lmao this nigga is savage

>>18832346
Buying it back IS the end of it. You hold no responsibility afterward. That's why its "buy to close". You will literally see four choices when handling options: Buy to open, buy to close, sell to open, sell to close.
If you have written options, you have selected "sell to open". This opens your position and some other fucker buys the options (likely a market maker or brokerage). When you "buy to close", you buy the options back off the market and your position closes. You hold no responsibility after that.
When you sell to open, you want to have the stock on hand. This is called writing a covered call. If you don't have the stock on hand, it makes your exposure even worse because if the option you wrote suddenly goes ITM and gets executed early, then you're on the hook to buy the stock at current prices. If you had bought the stock first then wrote options, then you can never not make money from it because if your option gets executed and your stock called away, it'll be higher than the price you paid for it.

>>18829508
I'll just raid you and take your meme bricks.

>>18832419
Enjoy bankruptcy

>>18831939
I write covered calls on stock I bought with margin.

>>18832419
if you're such a degenerate gambler, it wont matter what you win. youll piss it away again.
for the record, do it. post screenshots

>>18832445
spicy

>>18832445
I was thinking of trying this. What stocks did you get? What percent on margin? What kind of strike/expiry? Hows the performance?

>>18832346
>I meant that if you've written call options and want to buy them back to have zero net exposure to the underlying instrument
So to basically close the position with no strings attached.
>you'd still need to hold cash to be able to buy stock with your options in case the other guy wants to execute his, right?
Early assignment risk is very small. I was never assigned before basically market close on friday. Its just more profitable to sell an option, even for the buyer.

But now lets say you sold a call, it is ITM and the person exercised.
Do you need money if you hold the stocks? No. The stocks get sold for that price.
Do you need money if you have no stocks?Yeah, but: With a margin account you are allowed to go into debt or the broker will probably automatically close the position for you.

So lets say the 11$ option got exercised and the stock is worth 10$. You do not have enough money to cover the position.
Two things might happen:
-The broker asks you to sell stocks or transfer money into the account.
-The broker will, probably, immediately resell the stock and ask for the remaining money. In this case 100$

Depending on the account and broker you have

>Even if you've bought the same options at the market, you're still obliged to hold the terms of the contract you've written, I'd assume. The other guy made it seem like the buying part was the end of it.
Oh shit. I should have read this as well.
No no. You buy back the call.

1. You write the option
2. You owe sombody 100 shares at a 10$ strike on May 8th
3. You buy the same option
4. Somebody would now owe you 100 shares at 10$ on May 8th
You owe sombody 100 apples at first and somebody now owes you 100 apples.
The thing is over.

Its also 5am here, so sorry for bad writing

>>18831050
The meme died dude

What the fuck is Warren Buffett's problem?

>>18832485
Go over to /tv/ and tell them that

>>18832432
>>18832346
>>18832484
You should also look at the metric "open interest".
You can probably see it in your broker. It is all the open options.
If you write a call that goes up by +1, once you buy back that option ("close the position") that interest decreases.

Watch this from 3:30
https://www.youtube.com/watch?v=0QKYHeL0f4k

You see how one guy opens a position and sets an order to close it. Closing it is just the reversal.

>>18832510
/tv/ likes cunny a little TOO much.

They shouldve never given you niggers money!

Rolly Royce to cut up to 8000 jobs
German airports ask for government assistance
French state railway SNCF sees €2b hole
German automakers join forces in push for car-buying subsidies
Saudi Arabia looks at painful measures and deep spending cuts
Fewer small workshops and bakeries in Germany
Frozen foods become sales powerhouse during pandemic
Lufthansa mulls bankruptcy amid stalling bailout talks
Swiss Confederation to provide Swiss aviation with liquidity
Andritz Group Q1 net income down and revenue inline

??? North Korea just shotted South Korea guard post???

It's all aligning perfectly right now
Look at gold price and bitcoin price

>>18832638
what?

>>18832036
The collapse of the Soviet Union was a great depression event. This is not the collapse of the Soviet Union

>>18832629

British Airways = 14,000 jobs

>>18832648
https://www.dailystar.co.uk/news/world-news/breaking-north-south-korea-exchange-21965479

>>18832510
I don't go there. It's dead here, b, and pol

>>18832629
b-b-b-but I thought airlines were a great investment right now and they totally won't go bankrupt?
AAAAAAAAAAAAAAAAAAAAAAAA

>>18829435
So I'm thinking of buying a put on AAL. Is that a good idea? Also what other calls and puts would be good. Thinking of putting a put on anything mall related, and calls on gold

>>18832629
SA brought the budget deficit on themselves given that their state funding is oil. Europe probably going to feel the pain longer than the US will.

>>18832656

No that was the collapse of the political system. This is the real time collapse of the economy in all countries with the exception of a small handful.

Movie night movie night! Get in here!
Tonite's feature is Howl's Moving Castle (2004), a cozy children's film to brace us in these trying times

>>18832684
If you have to ask if doing a put is a good idea, chances are you have no clue what you are doing. This is how you make loss porn that gets posted on reddit by fags for fags

>>18832656
We've been close to Balkanization for a while now though

>>18832702
Nigga the entire economic system of the Eastern bloc collapsed.

>>18832713
;_;. Just asking for advice but you're right anon :(

>>18832712
>not Kikis Delivery Service

>>18832656
Could be argued that when the USSR fell that's when modern terrorism took hold. All the former small USSR countries kinda turned into shit holes ripe for terrorist to thrive. Hell kids today have no clue. Things were a lot uh calmer back then.

>>18832728
Just invest the old school way. Oil companies like FANG are good. So are REITS like mfa or mitt long term

>>18832684
Do not buy AAL. Literally consider any other airline right now.

soooooo monday is about to be an absolute bloodbath right

>>18832673
Oh fuck, that's not a normal occurrence is it?

>>18829508
Gold mining stocks, gold bullion etfs. But there is also Clorox to invest in.

>>18832758
End of the dead cat bounce, liquidate everything except gold

>>18832758
doooooomp

>>18832682
Why are you fixated on airlines? You posted so much against them in this thread that I can recognize your ID just from that.

>>18832721

Jesus Christ stop being contrarian for the fucking sake of it. The collapse of the Soviet Union barely registered with anyone in the west save fleeting tuts at news items about McDonalds opening and the Berlin Wall coming down. In the space of 8 weeks this had already completely changed the life of almost everyone in the western world.

>>18832762

It's a very low tier Brit paper, ignore.

>>18832468
KO and WM. I’ve only been doing it since the March dip, I didn’t have enough cash for all the cheapies I wanted to buy. Just using the Robinhood gold margin which is %5. Haven’t gotten assigned yet but I’ve been selling way OTM calls.

>>18832766
unironically will keep going up even in an apocalypse

>>18832638
A day ending in y

>>18832738

Way too many kids on here full stop. They have no experience or context with which to draw from.

>>18831264
>It's true though, how much lower can it go? Answer: Not much lower.
Airlines resuned flying doesn't automatically people will immediately start flying like they used to.
International borders are still being shut
Economy have been a lot worse
People are now getting used to meeting online
Public are still worried about the virus
Also, they're now losing more money than they would usually gain, which take much more time than the period of travel closure to recover

>>18832673
what a boring detail it must be to have to stand there all day

>>18832788
KO seems good. I was doing a screening for stocks and comparing lower priced stocks vs high price stocks and it seemed to be better to buy the more expensive stock to sell covered calls at about +4-5% above current price. One that seemed good was Taiwan semi conductors, also GlaxoSmithKline. They have good dividends and decent weekly call premiums. I don't remember the other ones but it can change quickly. I was thinking of doing this for my ROTH IRA, just selling OTM covered calls.

>>18832777
Absolutely autistic response and a god damned waste of trips. I never meant this was a global depression but a localized version of it. Faggot, you know what? You're right. Everything you said is correct, you have never been wrong in anything in your life, both your friends love associating with you because how much you have to be right about everything.
>stop being a contrarian for the sake of being a contrarian
I have never met a person who says shit like that who isn't offended that someone on God's green earth may just in fact know things that they don't

>>18832834
i posted a picture for ants

I liked Buffett until today. Fuck that guy, he's going cause a massive selloff on already fucked airlines stocks. Fucking piece of shit.

>>18832758
>>18832768
Retest of lows fucking when?

>>18832850
suck a dick, buffet brings cheapies

>>18832850
>Fuck that guy, he's going cause a massive selloff on already fucked airlines stocks
I mean if you attempt any level of FA to airline stocks you come to the same conclusion. Airline bags will probably have to be held even longer than oil bags.

>>18832862
Literally this week

>>18832638
Fug, it's starting.

>>18832850
I disliked him till today. My puts are gonna PRINT!

>>18832762
Not common, last time oy t happened was a few years ago when a North Korea border solider escaped tp the South
>>18832787
The news itself is from authentic Korean source. That only low quality English source have reported it by now is only the problem of Anglosphere

>>18832850
I hope BA tanks too

>elon and fucking warren buffet somehow save my puts

What a wild ride. I think I'm going to have a heart attack.

>>18832884
BA has already secured whale funding in addition to "low interest" GIBBS
>aerospace company that will literally not be processing new aerospace orders for 4+ years
This fucking company

>>18832847
And then he posted again! Everyone laugh at this retard!

>>18832889
I know about their bind offering, but the company is literally under criminal investigation and their stock already dropped 5% on friday. Also its forming a descending triangle for what its worth.

>>18832177
>>18832203
>>18832353
>>18832386

>b-b-but my leveraged etf decay

>>18832762
Stuff like this happens a lot. It's common enough that it doesn't even make news in SK

>>18832935
Decay only matters in crab markets. If course leverage pays off in a high volatility setting. Now go long TVIX on margin :^)

is this bullish https://www.nytimes.com/2020/05/02/us/asian-giant-hornet-washington.html

Will we hit a breaker on monday? The BVLL SVRGE posters have gotten awfully quiet.

>>18831250
are you using robinhood and if so, have you been able to withdraw any of those gainz?

Reddit told me not to sell my airline stocks on Monday.

>>18832982
Airlines will dump and then algorithms will take over and we will see some blood monday

>>18832964
I'm super new, take this question with a grain of salt

Isn't something like TVIX meant to be traded very short term?

>>18832758
they're goyna find some fake&gay reason to poomp it on monday and the brrr will result in overall +0.8%, then the dump resumes tues-thurs.

>everyone on /smg/ predicting Monday crash
I've seen this story before, load up on calls

>>18832931
cope

airlines moon on Monday just to spite you guys

>>18833019
This. Everyone expects them to crash, which is why they will moon hard.

>>18833013
Europe was on holiday on Friday and couldn't sell. They will be doubling down and we will follow. With how wacky this market has been though I wouldn't be surprised at a Tuesday reversal.

>>18832774
OK retard

>>18832964
thats not what they track you tard

>>18833003
open its chart and look at it for more than 2 seconds

>>18833003
yes, when markets are trending up you get rekt unless you trade tvix in and out intraday or hold for just 1 day and quickly get out as you gain. if markets are in a fucking death spiral though, one tvix share can go from $40 to $1000...............just look at the chart my fren. it's possible and it could happen again. except now it's already above $200 so it might top out at around $500-$700. i am getting tvix on any green days, don't give a fuck anymore. already missed too many moves. also have SPXS. i was in SQQQ last week but chickened out and only made 4% like a little weak bitch.

Airline puts Monday lads

>>18832990
im holding until tuesday or wednesday. unironically believe the robinhood zoomers will start a bull run on them that will push them higher than friday's close.

>>18833013
We predicted a green day on friday. I think we are in for more crabbing. Nothing will really happen.

>>18833038
>Rude posters in my /smg/

>>18833003
most kids itt have no idea how tvix works. its not a normal stock. its performance is not based on people buying or selling. rather its the contracts to vix futures. do not be fooled by the lines on the graph go real high. tvix will be down $30 dollars per share monday. screen shot this

>>18833048
I've been retarded and have been holding SPXS at 11.50 for like a week and a half
I bought the top and I'm too dumb to just sell it

I’m going full retard Monday and buying more UAL and SAVE. Fuck everyone here telling me to sell.

>>18833048
How many reverse splits do you need to hit "billion" on a chart?

>>18832115
>why would a stock that went bankrupt twice go bankrupt again during the worst ever crisis for the airline industry?

>>18832895
>>18833069
>anime tranny with organized image folder logs into a vpn to say a mean thing

>>18833103
We are many and we come to hang the 3D roasties from lamp posts.

>>18833069
>we
The bobos were out in full force Thursday

ITT:anime and plebbit bears.

Smells about right for the weekend.

>>18833013
>>18833019
honestly wouldnt be a bit surprised if this actually happened

>>18833013
this, always do the opposite of what the retards on here do

Did buffet just kill RTX, RTX chads?

Never bet against America.

>>18833190
Is that why he sold all his airplanes and is holding cash lmao? I don't see a scenario in which Monday is green besides "people here think it's red so it'll be green!!!1!1"

>>18833190
But sell all your American airline stocks and btw we don't see anything attractive to buy right now even with the 30% drawdown lol :-)

>>18833206
well berkshire is only holding like 10% more than they normally do.

>>18833206
>Is that why he sold all his airplanes and is holding cash lmao?

First the comment was made in context of a history lesson. Second, he is heavily invested in America and for good reason

I’m selling all my XOM Monday, waiting for the dip. Then putting that into EURN when it’s low.

>>18833227
He literally can't get uninvested because he would trigger an even bigger sell-off and people would be pissed. He is stuck and prepped his investors to trust the plan.

>>18833224
That's still pretty telling at these prices.

I just see firms and big money looking at this and probably wanting to get into cash.

>>18833206
There's still one more day of news left to go.

I’ll bet against the old man on the airlines

>>18833270
>EURN

Blackpill me on this stock, anon? And why is its yield so shiite?

>>18833218
That's because it's going down another 35%

>>18833284
Yeah that's why I'm not posting bobo images yet. Today is super bearish but who knows. Guess I gotta go to sleep and find out.

>>18833289
Is it time for a twelve POLO SHIRT?

>>18833094
yes

>>18832935

leveraged ETF decay hurts the short ones not really the long ones

>>18833292
They have one of the biggest fleets on earth currently and are posed well to take advantage of spot charters with their VLCCs.

>>18833312
I’m thinking it will be time to sell some $20 DAL puts.

>>18833145
It's possible, given how volatile markets are, but we've been seeing lower buying volume and increasing selling volume over the past three weeks. The momentum has been gradually reversing, finally transitioning downward as of the past two days. It seems likely that we're in for more selling before people attempt to "buy the dip" again. The past three weeks have been resistance around the 50% and 61.8% retracements, though I don't really give much value to Fibb. levels.

We're going into a news cycle that's going to have a lot less positive news and a lot more negative news, whereas a lot of the optimism that has been fueling this rally has been on the back of positive developments (re-openings, treatment progress, stimulus measures, etc.). If the optimism that we were seeing wasn't enough to break past a 60% retracement, I don't think it will be enough. For example:

Consumer loan impairment (for online lenders) reached 12% towards the start of April. For borrowers with FICO scores >740, that number is 7.5%. For borrowers with FICO scores <650, it's 20%.
http://archive.is/rwz4G

Roughly 7% of mortgage holders are seeking or have sought home loan relief thus far.
http://archive.is/FERTj

Unemployment claims exceeded 30 million, representing slightly more than 18% of the entire US labor force.
http://archive.is/1aYUM

Real unemployment estimates post-"reopening" are in the low to mid-teens for the remainder of the year.
http://archive.is/jKYEK

The Fed will maintain low (non-negative) interest rates for as long as economic conditions require, hinting at a longer economic rebound. They've been tapering QE since starting.
http://archive.is/yktlm

And regarding small business, as a snapshot of the current conditions, JP Morgan's business banking division saw 300,000 applications from small firms, of which 18,000 were initially funded, rising to 26,500 in total. That's less than 10%.
http://archive.is/dl2P7

>>18833057
Robinhood ppl have like $80 in their accounts dude theyre not changing shit

>>18833358
So, they're basically oil tankers? But why should I go with them over, say, FRO?

>>18833189
RTX is too long of a hold to really profit in this crab market. If you can afford to park several grand in a stock, RTX is perfect. But if you are trying to grow your money in a short period of time, RTX is not great for that. In a word, RTX cannot be swing traded.

>>18833375
They have VLCCS which are premium for an oil glut like this FRO has a lot small ships if I remember correctly.

>>18833391
I just started and threw 2,000 bucks in at 60 bucks a share for 30 shares. I was hoping for a stable stock that would grow but now I am concerned due to UTX's exposure to airlines.

>>18833375
FRO has a lot of debt

>>18833391
>RTX is too long of a hold to really profit in this crab market.
You missed the part where it went up 15% and down 10% in two weeks. RTX is a long hold, but the market is so volatile that you can swing trade anything. I bought before merger, sold at $67, and just rebought at $60. The beauty is that even if you fuck up your timing, it'll go up in the long run and you can just wait it out.

>>18829435
Dubs and monday is a red day

>>18831407
>i'm a good goy and i do what the 90 year old Greatest Generation™ goy tells me to do
ngmi

>>18833650
Try these on for size

>>18831519
BAAASED YASSS STAY IN YOUR HOME DRUMPFLINGS UNTIL 2022 WE NEED TO PUT EVERYTHING OUT OF BUSINESS SO BERNIE CAN FINALLY WIN

/biz/:
>betting against Buffet
>expecting a blood bath on Monday
So airlines down, everything else up, got it.

>>18833668
Say what you want but a lot of retards actually believe that and they mainpulaye the stock prices

>>18833650
>>18833670
You two don't know what you're doing
Witness my power

scrolling through this thread, i now understand. you guys are just pedo retards. lol. stay poor and stay off 0% allocation to bitcoin.

Let the ending BEGIN!
>>18833757
>>18833757
>>18833757

>>18833749
It's just pedo retard bulls vs nazi retard bears but isn't that what makes it fun?

>>18833726
>>18833670
(Teleports behind you and steals your get)
Heh nothing personal kid

>>18832847
Ha ha, fail!

>>18833013
>everyone

Most people are still bullish.

https://www.nasdaq.com/market-activity/stocks/aal/analyst-research

>>18833019
>>18833030

Most people are still bullish.

https://robintrack.net/symbol/AAL
https://www.nasdaq.com/market-activity/stocks/aal/analyst-research

>>18833774
What an unpleasant webm

>>18833939
lol

Buy VXX, GOLD, and EURN at the open.

>>18833939
> taking finance decision from mob sentiment of robbin'hood out of all places

>>18833939
That's insane. I almost feel sorry for them. Almost.

>>18833950
did you see the arm?

>>18834081
are you saying there's a person inn there?

>>18834081
Cute lil fella

>>18831048
Someone else will know better, bit I'm guess you'll see last week's losses erased as 1Q earnings are announced. You will then see another, smaller price drop as baggies exit and others take small profits. I think the zenith will come in late June or July. One thing I've learned in two years of newfagging: tankers are some volatile, unpredictable shit. Take a look at TNK in January of '19 and trace it to the present.

>>18831111
American is in the most danger. Southwest is maybe the most stable. Delta has the most earning potential. Just my worthless opinion.

>>18834222
I want NAT to moon to $9 next week, is is asking too much or tankers really are the shitcoins of stock market

>>18834250
NAT is a shitcoin compared to EURN and FRO.

>>18833273
>He literally can't get uninvested because he would trigger an even bigger sell-off and people would be pissed.
Since when is that his problem? Are people freaking at bezos every time he sells?

>>18833547
Buy in low 40’s. Markets not gonna like when they report earnings. I expect “Bank of X initiates coverage as ‘underperform’”