/biz/ - Business & Finance

First for cunny

Newfag here: I think I fundamentally misunderstand the purpose of puts. I've been investing for like two weeks and I made some money off of a VBIV call and I'm interested in doing puts cause that would mean betting against stocks but I don't get them, really. Since a call is a contract to buy a 100 shares at a certain price, it makes sense that people would want them if the stock goes up so that they can get a discount. But then, what are puts for? Who wants to buy a contract that lets them buy shares at a higher price than they are at after a stock's value has gone down? This obviously doesn't make sense, so I guess I'm being retarded about puts. Can someone explain this shit to me?
(sorry I don't know how to link posts from other threads)

>>20487070
Based.
Second for getting audited by the IRS for being lazy.

>>20487087
Repasting from last thread
>>20486937
>>I've been investing for like two weeks
>>I'm interested in doing puts
>Omg bro, what makes you think you're ready for options?
>I didn't touch that shit until I was at least 3-6 months in. I haven't touched them in at least a year as well since I've decided to stop using them.

>open account
>check tech test portfolio of 100k invested
>115k after just one month
mentally ill dividend fags are seething.
next thing i will do is 50% tqqq 50% tech/bluechip and post about here at end of year to fucking btfo you
>he is a 20yo zoomer and buys worthless dividend stocks with his 4 figure account
just lmaoing at you. what are you even thinking. buying a free burger with those worthless payouts every month?

Colombanon following up

>>20486438
Yeah, but I kind of hate when girls play that card. It's so fucking stupid, just like when they say they don't suck dicks and half an hour later you're deep down their throats

>>20486813
>>20486967

We IBM now
Finally a tech stock that isn’t completely overvalued

>>20487123
NASDAQ is better optimized for long-term holding at 2X leverage.
http://www.ddnum.com/articles/leveragedETFs.php
If you do that, you can actually just hold onto it for decades.

>next thing i will do is 50% tqqq 50% tech/bluechip and post about here at end of year to fucking btfo you
I kinda already beat you to the punch. I'm holding an SPXL/SSO/QLD mix till new ATH

>>20487114
Most of my money is in stocks, this is just something I'm doing with a small part of my money. Also, I'd still like to understand puts even if I don't start buying a shitton of them right away

>>20487070
fucking based

>>20487147
what fucking card? Being "dominant" and riding you to orgasm? It's a good fucking card. And a little switch play is based as fuck.

>>20487087
with puts you have the right to sell unlike with calls where you have the right to buy.
think of it like a coupon you benefit from a stocks price going down since you have the right to sell at that set price. hope that helps

Biz anons should I just pull out of the stock market (MRO/SSL) and buy a bike and recreate the gif below? It feels weird being only 23 and seeing the US declining in global eminence, Europe acting like Europe, and the possible world ending stupidity of China. Is it normal to see no future for the world due to the current path dependency we are heading down?

How expensive is it in America to buy a few acres of land?

The Doom Generation gets pretty bad scores on imdb and rotten tomatoes...

Maybe we should just watch Beyond the Black Rainbow or Mandy?

>>20487245
Just hoard cash and wait for a correction or better.....wait for a crash ;).

>>20487160
Kek that's because you've located the fucking JCPenney of the tech industry.

>>20487187
>Most of my money is in stocks, this is just something I'm doing with a small part of my money.
Okay. That's fair. Still seems a tad premature.
>Also, I'd still like to understand puts even if I don't start buying a shitton of them right away
Calls are paying for reserving the right to buy
Puts are paying for reserving the right to sell.

With what puts are intended for, "insurance", let's say you have 100 shares of SPY, which are currently right around $300...
But you're worried about seeing a 2nd dip to levels like the last one...
You would expect to see such a dip by the time the current year is over. And you don't want to see those shares go below $270 again...
So you buy ONE put with a strike price of 270 and an expiration of around January 1st, 2021

>>20487246
always depends where
in bumfuck nowhere it's probably cheap
near actual civilization would be pretty expensive

>>20487212
Well, I'm not really into femdom. I just think it is mostly a girl humiliating you and sticking things up in your ass, because you know, most of them would love to do that.

>>20487177
>2x nasdaq
switching to this once i'm at 1 mil then

>>20487279
>girl humiliating you and sticking things up in your ass
yeah no I'm not down for that either

i'm gonna do it

>>20487265
Dodged the first crash and thought I was in the clear with OKE (avg 23). Got to 48 and then fucking collapsed back to 28. Went from a 110% gain to only an 18%.

>>20487343
First, you need to find an actual bubble

>>20487348
Wait for intervention. Like when oil crashed, countries got together and agreed to cut production....perfect time to invest. Hell, I even made money with USO.....U....S.....Fucking......O.

>>20487270
Ahh I see, that makes a lot more sense, thanks man
>Still seems a tad premature.
Kind of true but look at this way: I started with just a little on VBI calls, and then used the money I made off of that to get a WMT call. It's like I'm trying to keep the train going, you know? If it crashes, I'll probably stay away for a while till I get better at this shit. Gotta start somewhere, though

What books should I read if I wanna learn more about stock markets?

>>20487343
>checks 2000 bubble to remind myself what a bubble actually is
>remain calm
NKLA is a good example of what a bubble like 2000 actually was. literally "pets.com" tier where people invested in literally a domain registry. this time they invested in photoshopped pictures of ford trucks.

>>20487382
>Find an actual bubble
>Buffet indicator at over 150%
Are you retarded?

>>20487395
But anon I didn't pull out of OKE and now that DAL is down I might get double fucked because natural gas is dependent on shale oil in the Bakken. If oil producers cut production that impacts the midstream gas industry.

>>20487403
the lorax

>>20487451
>Buffet indicator

>>20487403
>Religious themed: Talmud or Bible KJV.
>Old School: Wealth of Nations
>Classic: The Intelligent Investor
>Biz Anon: Wall St. Bets

>>20487460
Explain to me in any rational way how the market is not severely overvalued rn? The economy is shit yet the market is booming. We're in a bubble and you're gonna eat shit when it pops.

>>20487270
Why
Because IBM revenue is a bit down
Idgaf
We cloud now

>>20487403
None.
Google "the efficient markets hypothesis"

There's 2 branches: technical analysis and fundamental analysis.

For technical analysis, check out http://thepatternsite.com/
Notice how most patterns are around 55% accuracy and the best hit about 60% accuracy...
For fundamental, the above applies about "efficient market hypothesis" and I think thepatternsite has stuff as well... Shkreli has some vids.

I'd recommend you just throw your money at stuff, embrace nihilism, and maybe pick up drinking like the rest of the big bois

>>20487477
>The economy is shit yet the market is booming.
even though these don't relate, where is the economy shit?
and what even is overvalued

>>20487477
>I can’t rationalize reality so please help me cuz I’m a retard

>>20486937
>But then, what are puts for? Who wants to buy a contract that lets them buy shares at a higher price than they are at after a stock's value has gone down? This obviously doesn't make sense, so I guess I'm being retarded about puts. Can someone explain this shit to me?
Puts give holder the option to sell shares at a specific price. This means that having those puts shields the shareholder from taking a loss if the stock happens to drop prior to put expiration date. If a shareholder is worried about imminent downturn of share price, they can buy puts for this reason, ideally fairly cheaply at the time before the expected move occurs.

If you're not writing puts and not using them as a hedge as described, the general gist is their value will go up when share price drops rapidly.

>>20487453
Natural gas & oil are pretty fucked anon...even in the long term.

I remember when oil was 20 and people thought that was the bottom in April.....then it hit -37. Sometimes you just have to wait until government/corporate intervention.

>>20487481
>Why
>Because IBM revenue is a bit down
>Idgaf
>We cloud now
That's exactly why it's the JCPenney of tech. Their cloud offerings are dogshit.
People buy cloud as a replacement for the mainframes that used to drive IBM revenue when COBOL was the shit.
If you buy cloud, you buy AWS. If you're a hipster or backwards ass government agency, maybe you buy Azure, but you sure as fuck don't buy IBM.

>>20487493
Unemployment is through the roof. Welfare makes up 6 times the percentage of the average income it did before the chink virus. Consumer spending is down. The fed is printing more than ever and buying up bonds to keep the market afloat. The economy is fragile af rn.

>>20487477
>Explain to me in any rational way how the market is not severely overvalued rn? The economy is shit yet the market is booming.
The fed is literally going to start buying stocks.
https://www.forbes.com/sites/kevincoldiron/2020/07/18/the-fed-is-going-to-buy-stocks/#4ca822d7eb49
Not just corporate bonds. Stocks.

>>20487458
Wut
>>20487476
Not a religious guy, but thank you for the recommendation lad.
>>20487490
Thank you!
I'm going to do my research on it. Hopefully I can make some money. I'm not pouring a lot of money into this at first desu.

What brokerage do you use, guys?

>>20486774
Both of those movies are excellent. Makoto Shinkai is a genius. If you haven't seen it, also check out The Place Promised in Our Early Days.

>>20487511
It's essentially shorting the stock without actually shorting the stock.

>>20487559

>>20487559
>What brokerage do you use, guys?
Robinhood.
I got 70k in there.
I used to use it for day trading.

Alright AZN is getting shilled for a lot more than I'd like. I should probably figure out how to do spreads on ToS/ameritrade instead of just buying calls because IV is going to moon.

>>20487550
I really doubt that. PPT might, but I think the Fed is a lot smarter about how to keep enough distance from the stock market itself.

>>20487565
>It's essentially shorting the stock without actually shorting the stock.
Let's call it betting on downwards move. If you're the buyer of the put with intent to sell it on to somebody else before expiration. Hedge if you don't want to sell your shares but will, at favorable strike price, if a bearish habbening habbens, otherwise you let them expire worthless if it doesn't habben.

Imagine trading in a market that has weekends off.
Ngmi.

profit take on monday or ride it out until their Q2 earnings report on the 30th...no way it can do the same way as moderna/nvax right..

>>20487017
that moment when you recognise that bottle of beer is from your country...

>>20487627
24/7 trading gets old pretty quick if you do this a lot and actively trade. I don't mind the weekends. I do take issue with the three day weekend holidays, and maybe the tacked off half day before them sometimes, but I like the break. Three day sucks because that's 33% more time for some stupid news to pop up that you can't react to and have to deal with gap (usually down) on Monday morning.

>>20487603
What does hedging mean? Is it just holding the puts as like insurance?

>>20487639
Oh cool a Dane. Whats your portfolio?

>>20487665
Hedging your bets refers to holding a side bet that pays out if your primary bet is a loser, thus decreasing your potential loss. In gambling terms. In market terms the word 'insurance' is suitable enough.

>>20487519
Well thanks, fml
So just buy msft or what
Don’t like aws and azure

>>20487255
Gregg Araki is an important part of cinema history!! We need to go back in time, we won't be able to understand the present without a firm grasp of previous zeitgeists! Watching film isn't about some quixotic quest to rack up rotten tomatoes percentage points, it's about gleaning a holistic understanding of culture. Media shapes our minds, and our minds manifest reality. This is the secret understood by John Dee, Marshall McLuhan. Walter Lippman, and all the great magicians of history~
Mandy is pretty good too though :o
>>20487550
Do your taxes mr. Scoops wtf

Is there a snowballs chance in hell that I'm gonna make it?

>>20487588
How much did you have when you started?

>>20487746
not if AZN goes up on monday

>>20487635
I wish I went as deep in as you did (or took calls). I was confident enough to go in premarket, but had thousands of cash more I could have pumped in. I think $80 EOW isn't impossible, but IV at open is going to be insane.

>>20487693
>So just buy msft or what
>Don’t like aws and azure
Azure is MSFT's cloud platform.
There's also GCP if Google floats your boat.

Otherwise, there's a reason why those companies have such high P/E ratios and that reason is growth. You could consider PEG instead, if you're one of those suckers that thinks they can actually do a better job of finding good value deals than all the other thousands of eyeballs on the ratios

I don't trust ((((Goldman)))) Sachs, NIO is 100% going up to $20 august 3rd.

Is LGHL a bust? I bought some Thursday then sold it like later cause it kept going down. It's gone down even more now
>>20487943
Why do you think so? It's been declining pretty rapidly

>>20487740
>Do your taxes mr. Scoops wtf
:''''(((
I do not wish to be confronted by my shame

>>20487749
>How much did you have when you started?
Uhhh... Like 500 bucks. Maybe 1500. No more than 5k within the first 6 months.
After I graduated college and got a big boy job, I think I transferred in another 10k to 30k

>>20487794
Think I should take $500 and grab some puts as well? What do you think the chance is that these calls go up enough to offload at a marginal profit before the rumored AZN doc drops?

Would I be better off grabbing 500 of AZN calls instead of MRNA puts?

>>20487981
While im personally not sold on buying into NIO yet I think that GS are lowering their targets for it so they can buy it up when it drops. Long term it could be a good investment.

My job schedule changed and now I have to work 6AM - 4PM.. what the actual fuck.. I can't really sit at home and do options plays anymore on Monday ~ Wednesday (I'm off on Thursdays and Fridays)

How the fuck am I going to run the wheel on TQQQ properly if I can't fucking write options on Monday open

I guess I could just set some spreads with a limit but damn this fucking sucks

>>20487981
They have just announced they delivered 50,000 vehicles. This means they have already beaten last months delivery number in 18 days. July sales will massively increase the price of the share.

Goldman has been buying shares of NIO too so im 100% sure they just manipulated the market to buy cheap.

>>20487984
Nice, well. Let's see how well i will do. Gonna read the first weeks tho

>>20488020
>My job schedule changed and now I have to work 6AM - 4PM.. what the actual fuck.. I can't really sit at home and do options plays anymore on Monday ~ Wednesday (I'm off on Thursdays and Fridays)
What do you do and what were your hours before that allowed you to do that kinda shit.
Options are super fucking distracting.
>How the fuck am I going to run the wheel on TQQQ properly if I can't fucking write options on Monday open
Wtf do you mean by run the wheel?
If you're just closing out your position every day, then you can switch to just trading on Thursdays and Fridays
>I guess I could just set some spreads with a limit but damn this fucking sucks
That still sounds super distracting.
Would not recommend multi-tasking that with legitimate work.

>>20488022
That makes sense. Also, on an unrelated note, where do you guys get pertinent news like this? Is it just trawling through multiple news sources and articles or are there one or two places with all the news you need on there?

>>20488106
let the guy gamble in peace you trip faggot

>>20488106
I'm an ops manager for an Amazon Logistics building in the tristate area. I used to work Mon-Fri nights (4PM-midnight).

I close my TQQQ position out every week on Friday and re-open on Monday, pretty much selling ccs on them

It is distracting. Just hoping I can go back to a normal schedule soon..

>>20487660

Do anime girls always skateboard???

What’s the story here?

>>20488152
It sounded partially like a blog post and that he wanted to talk about.
I unfortunately have an erection for blog posts, so I gave him my 2 cents.

>>20488184
>AMZL
Yeah, I think that's big money rn, but have fun with that lol
>It is distracting. Just hoping I can go back to a normal schedule soon..
It's an easy way to get PIPd kinda distracting desu.
I'm surprised you don't have the power to pushback on the schedule change. Ops manager sounds like a bigger role.

Should I sell this shit on Monday? I thought it'd work out because WMT's supposed to go up with all the delivery shit they're starting

>>20488267
Tristate area is going insane again with COVID cases rising, not much I can say against regional director/multisite leader recommendations to accommodate the newer folks (they need to do the nighttime schedule for a while to see how things run) so until then I'm gonna be stuck on this schedule

Lol I hope to fucking god I don't get PIPd, thankfully nobody notices I'm looking at charts while I'm on chime

>>20488292
>not much I can say against regional director/multisite leader recommendations
Yeah. The company is stupendously topdown.
>they need to do the nighttime schedule for a while
I've picked up that management thinks it's a fun and hilarious trick to introduce a heavily disliked change as "temporary"... And then... "Oh, jk, it's permanent now"
At least in my case it was lol gl
>Lol I hope to fucking god I don't get PIPd, thankfully nobody notices I'm looking at charts while I'm on chime
Do you guys just get devlisted first as well?
It's worth it to make sure you know your KPIs just to ensure that you're appropriately gaming the fucking hell out of them shamelessly

should i sell CLSK on open? I made a clean +30% off of it and i don't really think it will pump further

>>20488217
the last thing elon needed to secure position in s&p for tesla

Be Careful Declaring Value Dead
While the current market advance seems to be unstoppable, investors’ attitude is seen at every prior market in history. As Howard Marks once stated:

“Rule No. 1: Most things will prove to be cyclical.

Rule No. 2: Some of the most exceptional opportunities for gain and loss come when other people forget Rule No. 1.”

The realization that nothing lasts forever is crucial to long term investing. To “buy low,” one must have first “sold high.” Understanding that all things are cyclical suggests that after significant price increases, investments become more prone to declines than further advances.

The rotation from “growth” to “value” is inevitable. It will occur against a backdrop of devastation for the majority of investors quietly lulled into the extreme sense of complacency years of monetary interventions have provided.

As Research Affiliates concludes:

“Overall, relative valuations are in the far tail of the historical distribution. If, as history suggests, there is any tendency for mean reversion, the expected future returns for value are elevated by almost any definition.”

The only question is whether you will be the buyer of “value” when everyone else is selling “growth?”

>>20487477
Let him have fun with his overpriced bags when reality kicks in and he holds them because "they will recover"

>>20488762
Anon. Oil gonna be big. We’re coming back. Fuck the lockdown. Prepare to have a rocket strapped to your ass for a massive moonmission

>>20488762
>"reality" kicks in
>market dips a little
>still up +120%
??? meanwhile you're a poor moron for holding cash

First for comfy anime girls

>>20488860
How’s your outlook for oil the next 30 days?

>>20487943
Shh. "Nio is bad!!" Buy the dip that they gift us

>>20488878
I won’t buy because of my personal animus for China. I also don’t trust anything that a Chinese company publishes or produces.

>>20488860
I have 40k invested as a young Europoor because I'm not stupid to be 100% cash. 70% in stonks 30% in cash. Happy either way if it goes up to infinity for no reason or if it does what it should and goes to shit, I'd just sell fast and wait

>>20488530
what caused our pump?

>>20488907
Well I understand that. But money is money bro. Don't waste a good opportunity because it's a company from X country, you can find good opportunities both in China and Europe

Can you defend why someone shouldn't put all their eggs in one basket? Looking around /smg/, it seems like the alternative is to put your eggs in a lot of baskets that you know nothing about. Between putting everything in a company I've researched (SPCE) and spreading money between a dozen I know very little about (TSLA, NIO, BYND, WKHS, etc), the first is much a much better idea. Spreading all your eggs seems like a defense mechanism for investors who don't know how to just research and find one good stock that they trust not to tank.

>>20488956
I think that NIO’s stock will crash without any given warning. I don’t wanna be standing on that rug if it goes belly-up.

>>20488873
too late, oil is up by 400% to $40 and has been crabbing there for like two months now.
you could have made mad money with wti or brent futures contracts, but oil stocks will probably remain shitty as ever. they barely reacted to the 400% recovery
though i'm going to buy wti and brent futures with auto rollover and 3x leverage soon

SPCE Marines Report in

Whats your positions? over.

>>20488987
Are you telling me my bags are stupid and gay?

>>20488959
you've listed some really garbage examples besides tesla and maaaybe wkhs, but you should only go 100% in a single stock if you truly believe in that shit and it looks solid.. plenty what used to be big companies with seemingly safe stocks have gone into the shit in just months

>>20489006
i seriously doubt energy/oil stocks will come even close to beating tech/qqq or even bluechips

I will buy boomer stocks, high div, low PE, oil stocks, no FAGMAN and i will make big profits

Nascucks will be on suicide watch

>>20488959
I put all my eggs on the same basket with Repsol in 2016 when I was 18. Holding 50% negative bags for one or two years hurt. Then I bought AMD at 2'32 with 1.000€ while I was waiting for repsol to recover. Had I invested 10k in AMD I would have won a ridiculous amount of money but that's easy to say when you know the end result. If you can find one really nice company you should be able to find a couple more and reduce the risk. I bought AMD, Tesla, Nvidia and Netflix dirt cheap with so little risk even though I still had no idea about stocks

>>20488983
I think they will do really good when they expand to Europe in 2-3 years, nowadays it's a 50/50 chance they implode or they become one strong company, so it's important to buy cheap (1$-6$) in order to avoid getting burned on the way down and IMO just buy like 1000 shares and let them grow if they can

>>20489006
Xom is a good pick long term
WKHS has had a lot of insiders selling so i wouldn't hold too much of it just out of uncertainty

>>20489010
Agree with this anon.

Going all in is reserved for federal Reserve interventions.

>>20487231
> Girl gets on top of you and rides until she makes herself orgasm
Goddamn that shit is hot. I miss being young and healthy bros...

>>20487740
that's a nice lookin crab right there

>>20489095

WKHS is like 30% of my stack...

>>20487212
> Girl gets on top of you and rides until she makes herself orgasm
Goddamn that shit is hot. I miss being young and healthy bros...

>>20489095
>Xom is a good pick long term
it's worse than most basic bluechips.. like you're going to be holding this for 5 years for +15% or something
if you believe oil price will go up just buy the futures

>>20489179
my practice gf loves getting on top of me and grinding on me
but she wouldn't let me stick it in because I don't wear condoms

I think she doesn't have any stocks either

>>20488997
+1 25 call
-2 30 calls

>>20489215
Bro r u gay? It's just rubber, ffs

how much will qqq crash tomorrow

>>20489010
The examples were just examples, it could be any stock. But at the same time, that's exactly what I mean: I couldn't possibly know how shit the stocks are because I didn't research them fully. I would be spreading my "eggs" into "baskets" that I know next to nothing about.

>>20489055
Practically I agree with you, but I'm asking a theoretical question about 1 stock you know a lot about vs diversifying between stocks you don't know a lot about.s

>>20489289
+3%, hope you don't have puts

>>20487477
Something something, boomer stocks, something something leverage something something pinkwojack.jpg

>>20489295
Diversifying isn't just spreading risk, it's setting up stocks that counter each other's risks

for example TSMC is a great company that makes the best x86 CPUs in the world with AMD. But they're in Taiwan, which is at risk of communist invasion. So I hedge my TSMC by also owning Raytheon, so I profit from WW3. Carrier (the air conditioning company) is basically a bet on continued global warming.

>>20489358
>this example
please don't be real

>>20489215
>>20489273
Yeah, that's weird. Wearing a condom is not worse than not having sex.

>>20489404
If you don't own at least one stock for each of the four horsemen you're ngmi

>>20489311
i have tqqq but also bad luck

>>20489429
you're ngmi with shit like raytheon

>>20489295
Diversity is for liberal faggots. Invest in what you know. You'll get burned far less and will see genuine opportunities when they present themselves.

For example, I'm a truck driver. So when I saw and compared all of the EV semi's companies. I knew after a week research which one is the clear winner.

>>20489413
yes it is

>>20489451
>I knew after a week research which one is the clear winner.
which

>>20489444
lol see you when the missiles fly defenselet

>>20487477
>y how the market is not severely overvalued rn
It is but there's no alternative.

I have $15k in cash.
Literally spoonfeed me on what I should buy Monday morning so they can be $20k in 12 months, I'm retarded.

>>20489475
DCA into 50/50 QQQ and GDXJ

>>20489358
That doesn't always work because both companies can tank if there are more competitors, or maybe there are no competitors. That just sounds like an excuse to not have to research because they're both big companies, which is a bad reason.

Every time I bet on only one stock it mooned, it's only when I try to "diversify" that I lose money.

>>20487087
You got it backwards. Puts let you sell at a price higher than market value. Buy a put for 5 and when the price drops to 4 you can buy at 4 and sell at 5.

>>20487382
>First you need an actual bubble.

Tbought on Mastercard and Visa bullishness due to coin shortage?

>>20489802
if the stock market goes up, they'll go up
if the stock market goes down, they'll go down

Decent stocks. Everyone should have some anyway , by default, because those two are in a whole bunch of ETFs and mutual funds.

>>20489802
Based stocks that are just about the safest thing you could invest in. I prefer V but they're both good.

>>20489850
You're right, I see Mastercard and Visa in the top 10 of several indexes. I kept looking around for a entirely credit card ETF, but none exist. The closest ones all have banks wrapped up with them. If this coin shortage becomes a serious problem, credit cards should do very well. If it isn't, they're good bets regardless.

>>20489878
Thanks

>>20487070
Mega baded

>>20489475
SPXU

>>20490180
whoa now

>>20489456
Give you a hint,

It's not Nikola and it's Tesla.

Newfag/poorfag here:
I'm heading back to university soon and I want to put away whatever cash I can scrape together so it's hopefully appreciated some by the time I finish my 5 year degree.

I've got relatively little to my name (probably about 10 grand). Is that even enough to justify bothering? If so, should I be looking at term deposits instead, or are stocks the right choice- and should I do day trading or sit tight and keep ahold of dividends?
Any other advice would be appreciated.

>>20489475
Either:

Wait for a crash

Or

Gamble all in on a SPAC company. Declare bankruptcy if you fail. Try again in 7 years.

CALLS on SHLL
PUTS on NKLA

>>20490305
if you aren't doing anything with that money, make a brokerage account, put half of it in there, and buy some stocks

>>20490305
Here's a decent 5 minute portfolio:
Mastercard
Clorox
MMM
Kroger
AMD
Facebook

Keep 20 to 40% cash on dip plays. (See Facebook ad dip)

>>20490307
>CALLS on SHLL
>PUTS on NKLA
Sounds about right. Any safer long calls I can buy that expire in late '20/early '21 that will print me good money?

>>20490305
I don't advise day trading. Some are good at it, most arent.

>>20490305
buy TQQQ

>>20490439
FLIR (Thermal Imaging Company)
MMM (So many of their products protect against viruses)

Those are still speculative picks. There's not many good value picks out there.

I'm currently selling stock and waiting for a dip.

holy shit i am up way too late. it's 6am. I started making, err, adapting piano transcription of bass part, back to bass guitar, as played in original recording. I found piano score for it but not bass guitar. And I want learn to play bass guitar part but the first section of this bit is some kind of fast noodly motherfucker and I cannot hear clearly enough. So it's taking some time. I think I got that intro bit close enough now and I AM GOING TO BED. Will finish easier rest of song tomorrow.
https://www.youtube.com/watch?v=bOfN7OzOq0g

>>20487180
I know to most it sounds like cope and unbelievable, but socializing is a chore to me, of course I have no problems making friends at work/school but I just like to be by myself at home and do my own thing.

Im so fucking bored. Are drugs good?

>>20487123
Quit posting the same thing faggot, I’ve seen this post at least 10 times in the past week.

>>20490628
Look at the lyrics for little sister by jewel.

>God only knows that drugs are all we know of love

>>20490610
good night

>>20490628
I wouldn't call them good, but sometimes its better to be on drugs than it is to not be on drugs

>>20490658
not until i've matched the amount of retarded oil, rtx and dividend retard posts. seethe and cope more

>>20490305
You could get 20% a year without too much effort just throwing it into QQQ or something.
But honestly just enjoy your life m8. Use half of it to get a feel for investing and spend the rest on travelling or improving your life.
You will not regret not having that extra 8k when youre 50. You might regret not taking that 4 month trip through the South America or Japan though.

>>20490628
The first 15 times you take them yes then they get worse and worse

>>20490661
>>20490671
>>20490675
You convinced me. Ill pop another pill of caffeine. Maybe some sugar if Im feeling wild.

>>20490628
Hang out with friends....

Oh wait....

>>20490696
I went lifting already. My day is basically complete and my "best friend" just said he has no time to hang out.. in the foreseeable future.

>>20490694
bro...

>>20490709
I thought the gyms are closed.

>>20490673
I will laugh at you when TQQQ shits the bed, DOWJ went from 18k to 26k, of course you will get a such a bump from the bull trap.

>>20490720
He probably has some weights at home. I can't do shit since I cracked my rib earlier this week. Even breathing and sleeping sucks.

>>20490725
i now know how stupid a dividend stock buyer is, thank you

>>20490720
All I want to do is lift weights, only one more week and mine is back open

>>20490672
Based investor anon advice.

>>20490717
Dont try to stop me, bro. Im on creatine!
>>20490720
Open since June 8th here
They are burning money though, so every time I go there the gym employees try to fuck with us "problem people". As in those fucks who come in 8 times a week, actually use weights and damage the floor just by walking on it.
They only make money from the 80% of people who never show up.

>>20490753
Did you go to the hospital? How do you know that's what you have?

>>20490709
Well, you can be like me, and try javelin throwing or crossbow hunting.

Has anyone heard of margin funding on bitfinex? You can get like 0.03% interest per day.

I have 100k all in stocks, i'm thinking of putting 20k of that in bitinex for safe gains.

Is SPCE gonna keep roaring next week, should I grab calls?

>>20490864
I could take my guns and go shooting.
>>20490868
>Cypto

>>20490760
Dividends are so good, you'll be rich with them
.....when you finally turn 85.

It seems like tqqq is getting fucked if you're long term holding it right now vs just holding qqq

>>20490856
Yes, no cast or x-ray needed. They said it will heal in about 3 weeks and not to do any strenuous exercise.

>>20490885
I was thinking about USD, they have that too.

>>20490760
>baby’s first market cycle
I am not a dividend faggot

>>20490887
and still you have less money than if you went with just SPY
l o l

>>20490885
Sure, hunting is an easy time killer and actually enjoyable.

Gun rentals are pretty cheap, try some weapons out on a range.

>>20490891
But your gains?!?

>>20487635
Their price has nothing to do with earnings.
Mind you, they are a solid company. Their earnings will be fine, but it only covers you from extreme losses.
There will be lots of vaccine plays way into 2021 or 22. Only sell if you find a better place to put the money, IMHO.

>>20490672
Thanks, I appreciate the advice, but what I didn't mention is that I'm already almost 30 with basically just that 10 grand to my name. I've squandered a decade+ of asset accumulation sitting unemployed playing video games and (now that I'm planning a 5-year degree, regardless of its potential for a 6 figure wage) seriously risk entering middle age with almost nothing.

>>20490449
I kinda suspect that's the case.
I'm very wary of day trading, although my sister seems to have a lot of success (she has much higher startup capital though because she's not a fuckup like me).

>>20490376
>>20490384
>>20490519
>>20490672
Thanks for the vindication and suggestions.
I need to do more research before I commit to anything; that I didn't understand some of the terminology used here is evidence enough, but I'll take stock in that.

>>20490942
hey I'm almost 30 as well
what kinds of stocks does your sister buy?

>>20490942
Best don’t buy meme stocks like clorox or AMD
Just buy the spy, s&p 500 ETF

>>20490936
I worked to get them before anon, and by God I'll achieve them again.

>>20490921
Fucking Boomers would have you invest in AT&T, Walgreens and ExxonMobil.

Then 20 years go by and your account stays virtually the same.

ARKK
QQQ

That 1 minute portfolio in 1 year will equal the gains of 5 years of dividend "investing"

>>20490923
>Gun rentals are pretty cheap, try some weapons out on a range.
I never tried renting desu., I dont even think they offer it here. I usually just bring my own stuff and shoot around.

Oh and on sunday my range is closed because of the noise. I forgot. Maybe on monday.
>>20490942
You do you. And dont be too bothered by just having 10k. 20% of Americans have less than nothing and are actually in debt.
>I need to do more research before I commit to anything; that I didn't understand some of the terminology used here is evidence enough, but I'll take stock in that.
What you need is actual experience investing. Take like 2k and put it in stocks you trust.
2 MSFT, 2 V, 3 AMD, whatever you like.
And then you just watch them go up, go down, and learn.

You can read /smg/ and watch ThePlainBagel on YT for weeks and learn less than if you actually buy in and get your hands dirty. Knowledge is knowing what historical pe ratio charts mean, experience is seeing your account drop 4k on a single day and opening a beer without caring too much.

new to /biz/ here
why is 95% of the threads cryptoshit

Hey anons. I have 1200 not invested that's burning a hole in my account. I'm thinking of sticking it on SQQQ, but markets have only been going up. Where can I throw this?

>>20490942
>5-year degree
what degree? do you want it because youre interested in it or just to make money? does the degree cost money?
not against people entering degrees late, if they want it then they should do it even with 50, but it has to be reasonable and not a waste of money and time (except they have both money and time and just do it for fun)

imo if you enter a degree later in life you atleast need to make sure to have a income in this time, so a side job

>>20488762
well any bubble in recent history showed that if you held through you would be fine?

I hope monday is red across the board.

>>20491070
Get used to it.

Bunch of Pajeets convincing retards that "this shitcoin uses blah blah blah technology, it's going to moon!!!"

>>20491131
Is link still worth buying atm?

>>20491070
people finding out they can create their own bitcoin fork #5396 and print literal money + manchildren that can't open investing accounts resorting to these pajeet ponzi scams out of desperation. can't wait for the first to become illegal in some way.

>>20491111
Like BTC?

>>20491071
XOM

>>20490720
Not all of em. Some are still open in some states

>>20491149
I've only held 1 crytocurrency in my life, which is the only one I see having 2017 crypto moon potential and that's ChainLink.

Rest are shit, IMO.

>>20490963
We're Ausfags, and domestic stocks only; I've not asked her about it specifically because I don't want to be one of those annoying people who hears of trading success and harasses friends/relatives for investment advice.

>>20491010
Oh, I hadn't considered I was being memed.
Thanks again for the recommendations.

>>20491044
Cool, I'm happy to get my hands dirty. I'm a hands-on kind of learner, but there's probably some required reading.
But by "2 MSFT, 2 V, 3 AMD" do you mean like actual share volume? I opened an account with my bank and they only let me trade in increments of 100x.

>>20491089
Optometry. Because it makes money -and- because I'm interested. And yes, it costs a lot to study (already got 30k in student debt, which will be closer to 70k when I'm finished).
Thing is, the job market is cutthroat and it's only going to get worse because there's too many jobseekers for every position. From what I've heard HR departments these days basically throw darts to find applicants to interview. Healthcare is one of few stable vocations, and Optom is the best option for someone like me that's too autistic to be a doctor or nurse.

By the way, a piece of advice I was given (I don't know if this will be useful to you guys, but I figure I should maybe try and give something back as thanks) is to invest in pet care/beauty, because there's a growing population of female millenials without the social/financial capital to have children of their own that are pushing the misplaced affection onto their pets. All these new Baby characters (Baby Yoda, Mr Peanut, Boss Baby, that kind of thing) are supposedly an attempt at capitalising on the same concept.

>>20491232
>they only let me trade in increments of 100x.
They... what?
I think your broker may have a setting where it says "minimum" amount or something. Change it there.
No way your broker will only let you buy in 100s.

Will I make it? I'm about 80% tech with an emphasis on cybersecurity, ARK ETFs, AMD, and TSM. I'm about 15% in gold, silver, and lithium miners. I plan to add in about 10% Mastercard and Visa next week.

>>20491266
Nope, also there's a minimum of $500 per transaction which, yeah is not good.
Apparently I need to find another one.

Would an Interactive Brokers Lite account be good enough for my uses?

>>20491547
you'll have to hang around and see what one of our local Ausposters recommends, but I think IB is one of the usual candidates
just look for low/reasonable fees and the possibility to buy international stocks without a huge headache

>>20490307
This is the first time iv'e seen SHLL mentioned in /smg/, it's making the same moves as VTIQ did except hylion actually has a product and real pre-orders.

>>20491689
>This is the first time iv'e seen SHLL
It was mentioned fairly often a week ago.

8,5 HOURS UNTIL ALL OF YOUR PORTFOLIO IS GONE

>>20491547
No idea. Ask the other Aufags here.
You definitely need a new broker though. 1 AMZN would blow some accounts here. Let alone 100.

>>20487092
why can't the IRS just tell you what you need to pay and why and be done with it? why do they gotta do this?

>>20491513
You'll make it within 25 years.

The way I'm to officially "make it" is going all in on crashes.

Gambling at the right time is how you make it anon. Had your chances in March Crash and the Oil Crash.

Unfortunately learned that lesson 4 months too late....

I am looking to buy some azn calls this Monday at open if it hasn’t mooned already would anyone have suggestions or ones that you’re holding already?

>>20491728
Why?

Because they can charge fees and interest anon.....and boy do they make god tier money with fees and interest.

>>20491718
>They still think they can beat the SNIB
>They think they can escape the SNAB
You fool

>>20491768
a frightening thought for most people ; but also very true

>>20487343
Nooooooo my tesla calls. Nooooooooo

>>20491763
ehh I don't care, if they come knocking at my door for those couple of dollars I didn't file (after they took half my taxes to pay for my dad's debt) I'll do a wsb YOLO with a rope by my side.

>>20491735
>Gambling at the right time is how you make it anon. Had your chances in March Crash and the Oil Crash.

I hear you. I had a chance to cash out a substantial gain in crypto before the crash in 2018, and instead ended up losing money. It wasn't enough to be life-changing, but definitely enough to make me remember and not repeat the same mistakes. Looking back, it's unreal how delusional I was and wrapped up in the euphoria. I'm nervous about being this heavy in tech right now and repeating a similar mistake.

>>20488530
Thats most likely what I'm doing, even though I think they have long term potential

>>20487981
I hold some LGHL, waiting for another spike to 8$

>>20491513

Based, pretty similar to my allocation. LIT looks interesting, might pick some up.

V and MA are great picks, steady high growth for the next 5-10 years is basically guaranteed

I just need one good 2-3% day on the Nasdaq please god just give me a break this one time

Bros I fucked up my taxes so bad. But I'm pretty sure I'm gonna get away with it because I'll use my secret weapon of making people have to watch a grown man sob and cry. Fuck Da Police!

>>20491879
what did u do....

>>20489475
LGHL for an easy 50%

>>20491879
You FOOL. That only gives the IRS pleasure!

>>20491886
That's the beauty of it. I have no goddamn idea. I just plopped my dumb ass down and let TaxAct do what it wanted to me. If the judge asks I'll tell him the truth snd say I have learning disabilities.

>>20491944
KY sent me a tax letter saying I owe them 79 dollars for something the tax lady got wrong... lol Isn't the U.S gooberment wonderful?

>>20491944
IRS does not care unless you make a lot of money or are subjected to a random audit. Do you really think they have enough time to verify each and every tax return?

>>20491989
No I'm actually counting on it. I really fucked them up lmao. I didn't feel like calculating some shit it asked me so I just typed some random shit.

>>20491824
I'm selling RN. I know I'm missing out on 10 or 20% gains.....but 10 or 20% ain't making it for me. I'm still waging at 10 to 20% gains.

I'm mostly cash at this point. Most millionaires/billionaires are doing the same. Waiting for the next correction/dip.

>>20491784

>>20491784
I eat crabs for dinner

>>20492028
Well, if your employer Mr.McDonald says he paid you 30k last year, and you said 8k, you might have an issue.

>>20492103
Bobo, I need you to continue killing NIO for my puts, in exchange I sacrifice the value of my msft shares. Is the pact sealed?

Predictions for Tesla earnings

>>20491044
>never tried renting desu.,
You should look in to it. Sometimes they have some silly nonsense available that goes boom real good.

>>20492144
No I filled out my actual w2 and shit from work fine. My "investments" are fucked though lol.

>>20491689
https://www.thetruckersreport.com/truckingindustryforum/threads/hyliion-aftermarket-hybrid-diesel-electric-kit.1370754/

Here's a bunch of truckers talking about Hyliion (SHLL). SHLL is not bad, much better than NKLA.

IMO Tesla is going to win the SEMI race and it's not close.

Consumer retailers aren't buying natural gas vehicles, and the gas stations don't want to spend $$$ to make them.

Most sedans and pickup trucks are going electric.

Which will make it easier for truck stops/gas stations to convert to an supercharge station rather than a natural gas station.

A natural gas fueling network is such a PIA.

1) Natural gas has to be stored cold -255F

2) Wear PPE during fueling

3) It's very flammable

Tesla is going to 4000 by 2023, easy

>>20492103
I haven't had shellfish in a long time. That is being put on the agenda immediately.

>>20492186

They're going to beat even if it takes some gray area accounting fuckery to make it happen, Elon-chan won't let his fanboys down

>>20492201
>Sometimes they have some silly nonsense available that goes boom real good.
Sounds nice. Big boom very fun

>>20492252
I once ate like a kg of shrimp in Cyprus.
The next day I had a new squat PR.

Shellfish is absolutely based.

>>20492304
>this is my waifu
>there are many other like it but this one is mine

I use tax software approved by the IRS. So if it should come about I get audited or some other shit I'll just say "I used the shit you guys signed off on and here's my tax documents and shit paperwork to prove it". I keep all my tax documents in electronic format. Going back to 2003. (Year I first filed taxes)

>>20492186
$1750 EOW

>>20492501
So your saying positive earnings

>>20492541
Yes, but don't take my EOW at face value, I'm just shitposting. Weekly calls on TSLA are risky business and I'd never do it desu

>>20492572
I have call expiring mid August, even just one week positive will net me some gains

>>20492242
>Hylion actually post a vid of their truck doing a burnout
Finally a company who gets it. Seems like a good swing trade regardless.

>>20487550
I guarantee that their first stock purchases will be GE
>>20488959
I do TQQQ + 3 carefully handpicked long term (mostly uncorrelated) holds I know a lot about with about 5-10% at most being tied up in options plays. There is simply no true edge against being Wirecard'd.
I think the only people that should have it all in one basket are those that work for the company in question. Because you will have a very good idea of where the company is and where it is going versus any trader or investor relying on quarterly reports.

>>20491513
>the cyber

what stock should I buy if I had to choose only one?
and what do u think of checkpoint & Palo alto networks?

>>20491111
this is true but it depends on your timeframe. most anons here want to make money fast so they can spend it while they are still young. thats why they invest in risky stocks or options. if youre planning on holding until retirement then none of this matters just buy good stocks and the minor fluctuations are irrelevant.

I'm so bored, I need to fuel my gambling addiction, can you trade on Japanese or Australian exchanges as an American?

>>20492754
>stonks onyl go up

yeah but what about all those stocks no one is telling you to buy because they went fucking bankrupt?
those coming disruptions to tech/lifestyle will see many losers and few winners

What happened around June 8th that made a lot of positions bump up in price significantly? They all fell shortly after

>>20492710
>what stock should I buy if I had to choose only one?
>and what do u think of checkpoint & Palo alto networks?

I work as a network admin and constantly see Cloudflare, Akamai, Palo Alto, and Fortinet. Out of these, I own shares in Cloudflare. I'm unfamiliar with Checkpoint.

If you aren't sure, check out cybersecurity ETFS like CIBR or BUG. I'm banking on cybersecurity as a whole and I tossed a bit into CIBR. Events like the Facebook hack are an example of the precedent that's been set.

>>20492242
Lmao imagine a human being this delusional.

>>20492900
Surprised jobs report. Stocks shot up like a rocket....then proceeded to have a sell off as people took profits.

>>20492242
I don't think ev will get widespread adoption as rapidly as you think. Main reason is they're still too expensive to buy and maintain for the meaty part of the commuting demographic.

>>20491944
The IRS has fewer auditors now than they did in the 1940s. Only 0.4% of returns under $500k got audited over the last 5 years. Under $500k reported they almost don't even bother anymore.

>>20493031
Based, thought for sure I was getting audited last year.

I take long term view with my stocks/funds. Why? Cause if you've got a good start on your career already and your getting closer to the retirement door why would you just toss that out the window now and quit even if you made a load of green in the stock market. You may as well stay in and get every dime coming your way.

I take long term view with my stocks/funds. Why? Cause if you've got a good start on your career already and your getting closer to the retirement door why would you just toss that out the window now and quit even if you made a load of green in the stock market. You may as well stay in and get every dime coming your way.

>>20492763
>can you trade on Japanese or Australian exchanges as an American?
Yeah. If company is popular enough there is usually an OTC listing for it on US exchange so you don't have to do foreign exchange to buy on actual nikkei or straya kangaroo market. Speaking of foreign exchange, if you really insist on trading (nearly) all the time, forex is that.

>>20493168
>subscribed

>>20491768
thetabros

>>20492847
buy index or etfs for long term investing. way safer and if you are continuously investing a substantial amount of money every month, you will still have money to retire on

>>20493347
Bro I've been trying to get in on the theta gains, but every time I sell a spread, I get fucked. I follow the pattern too. 30-45 dte, etc. I keep getting absolutely wreckt anytime I try to sell options. Is there any better formula? What is the best formula?

What are the most promising stocks that IPO'd in the last 2 years? I don't need fast growth, only steady growth and working products.
No Chinkshit.
No Euroshit.
I'm tired of betting on p&ds and pennystock turnarounds...

>>20493187
Oh i forgot though, otc listings trade normal us hours, which doezn't achieve your goal of trading always and forever. You can trade on nikkei and kangaroo direct if you wish. This may require switching to new broker if your's sucks. IB is king of international trading.

Anyone else stack NEE? They’re charts are great and FPL is a massive power conglomerate

Is UAVS going to go up again tomorrow? I bought the top and I want to go back full liquid through the end of july

>>20493396
LVGO has been going up steadily for me, but it has taken a bit of a hit along with the rest of the NASDAQ

>>20493407
Put it in V

>>20493393
>What is the best formula?
Writing weekly 2.5% OTM covered calls

>>20493393
whether you are buying options or selling options, you're trying to "out-think" the market
there are other (less profitable) ways to enjoy the crab

>>20493396
Lemonade
Vroom
Docusign

>>20493560
Show me the ways

So we going down tomorrow?

>>20493787
Oil better be on the rise

Tech crash is this week right?

>>20493627
>Vroom

>>20493854
I don't understand this picture but I laughed anyway

>>20493787
Crab till MSFT reports.
Cant SNIB the SNAB.

>>20493803
I bet if you were to actually calculate it the tech sector (across all companies) is more overvalued than during the height of the dot com bubble. Not that it matters.

>>20493689
just buy the best stocks

>>20490942
you're not gonna make it anon. by thirdy you should have a year's salary invested

>>20493916
I think MSFT report will be boring
AMZN report is more "interesting" , any of the big tech stocks reports are more interesting than MSFT
crab forever

>>20493909
It's from /co/, it's an eddit of an insufferable sjw comic about mansplaining or misgendering or something.
I like the Chili logo in the background, reminds me of DING DING anon, probably some meme magic swapping across boards. Whatever happened to him anyways, he used to be in every thread...

>>20493854
I sold my car to Vroom last month. It was the easiest way to sell the car I've ever done and was worth the $1500 or so I lost versus selling it private in not having to deal with craigslist jerkoffs. They guarantee what they'll pay, they send a truck to pick it up, and all you do is sign and in two days FedEx personally delivered a check.

>>20494011
Is this real? Fuck...

>>20494023
dingding is SunnyD, he's still here forever probably, when you see someone post with a tarot card it's him (IE >>20487740)

>>20494034

>>20494075
Ah, good to know. Personally not a fan of Magick/Esoterics but McLuhan has become rather underrated in recent decades so I can respect that post.

Baking

>>20494091
nice, I have done that unintentionally by saving everything I could so I could use it in gambling, I mean investing in stocks.

>>20494152
you can ask him for his twitter if you want to DM him about history or esoterica or stocks or any other topic, he's a 99th percentile conversationalist for many topics

>>20490180
Be careful, it’s 3x leveraged. Unless you expect a crash in the next week or 2 it will decay significantly. VXX might be safer if you want a bearish hedge.

>>20494091
https://www.youtube.com/watch?v=_KRpna3yA80

new thread

>>20494217
she's very aggressive...

>>20494254
The bump limit on /biz/ is 310 nigger.

Can you make more than +100% return when shorting?

NEW

>>20494305
>>20494305
>>20494305
>>20494305

>>20494091
I'm trading on IB from Japan and I'm afraid they won't let me withdrawal so I don't want to put more than 2k in. Here's to hoping I still make it.

>>20494217
also I should say that even though VXX is 1x levvy and SPXU is 3x levvy, VXX still decays monstrously so both could be treated as approximately equivalent hedgies on the day-to-day
1x levvy on VIX futures is still hard as fuck, that's why they keep removing anything above 1.5x levvy, it just can't work out

>>20491928
Lol

>>20491833
guess i'll just buy back in whenever they dip

>>20493124
>if you've got a good start on your career already
Short term action community college burnout gang wwa?