/biz/ - Business & Finance

If I want to actually make some money in stocks and I only have like $3000 invested, should I be trying to find medium-to-long term holds and hope they pull like 15%+ or should I be doing shorter term swings where I take profits earlier and reinvest more often?

what are these

ATH during second wave is hilarious. Shorting here is free money. Economy will crumble it's just a question of when.

>>21330458
Yes yes. Into the filter you go.

anyone have calls on SLV?

>>21330384
she has a FAT monkey

>>21330420
Pick one highly volatile stock you do PROPER research on and write options on it. Or learn about writing spreads, butterflies and iron condors

>>21330420
Swing trade the most volatile of the leveraged ETFs like HIBL, NAIL, LABU, FNGU, UVXY, etc.

>>21330458
>second wave

Alright anyone else gonna try and ride the Tesla wave tomorrow? Feel like I could make a few grand on a call if I buy at open

>>21330558
>write options
>with $3000 invested
Pass

>>21330515
I have a bunch and I am down 41k now. Be careful

>>21330551
bastard

>>21330515
No but I have SIVR

>violent maggot thoughts returning
>am making tons of perfect trades again

uh oh....

anybody got any long election plays? Are you bullish on a china turnaround?

RIOT keeps going down even BTC is going up

WTF is this scam stock

>>21330551
ok now this is based

I hold boomer shit. I started getting stuff like TQQQ due to this board.
Are options easy money like some people here say? Is it worth the time to learn? I think I can afford to gamble a little.

Why worry when you get a healthy boost to net portfolio value every Friday like clockwork?

>>21330458
Nope. Wuflu is widely being accepted as an anti-trump softcoup attempt

Only thing it will cause is uncertainty. No crash

>>21330181
read and screenshotted, thanks bud

>>21330360
>how to shut up your petgirl gf

>>21330244
>Sold everything today and put 100% into SQQQ. Market is devoid of reality. Short US market until SPY 220.
ahahahahaha
this minority and/or female wants to fight "infinite ammo" Powell

>>21330535
DAT
FUCKING
PALLADIUM

Are EU autos explosively gaining?? That actually makes sense, since so many people are turning away from public transportation right now... FUCK I want to buy some Pall now!

>>21330515
I went to a dealership today and they told me all silver is sold out. They get deliveries on Monday and in the evening it's gone.

He told me in no uncertain terms that he's making bank
>>21330590
Snap is 22, SPCE is 18 or so
>>21330631
Gold may go up to 2.1
Otherwise no real deals. Dems and Reps are the same party anyways so who cares?

I have 6k, two of which I have swing trading, 4 I want to put into a mutual fund. What should I consider before putting most of my money away?

>>21330561
How can I do that without getting fucked in the ass? I have a few shares of NAIL but I've just been holding it

>>21330597
You gonna sell or do you think things are getting better? Mine expire 8/28.

>>21330384
old pic, her milkers are coming in big time
lactose bull run soon

>>21330515
I have a 8/21 26.5c

>>21330162
those are some nice gains friend

>>21330196
"no"
https://youtu.be/IMFpwkjp968

>>21330590
He's referring to covered calls which are very conservative.

You're used to thinking you're the smart guy in the room. It's a major flaw.

>>21330713
>How can I do that without getting fucked in the ass?
Have a rational basis for where you think the price will go and have a condition in mind for when things go against you bad enough that your thesis is wrong then set the stop there. Honor your stops. If you have an edge and are a decent trader who manages risk correctly you'll make it. If not you'll know soon enough

Covered calls!

>>21330564
shorting at the open
use the meme ouija, anon

>>21330699
What would be the benefit of writing options on something like SNAP or SPCE instead of just swing trading it regularly?

>>21330672
I wish you good luck anon, but most of those are mathematically not in your favor. On a long enough timeline you will blow up your account with these positions. Law of large numbers is unavoidable.

I should have listened to the guy who shilled OPTT last night

Should I sell or let it ride?

>>21330846
1) leverage 2) options give you more flexibility since there is an option for whichever direction you think the underlying will go or no direction at all. Research iron condor to get a good idea here

>>21330794
I know what covered calls are, it's just that $3000 total is only enough to get around 1 contract of any worthwhile stock, and I don't really want to fuck with options if I'm only able to work with a single contract at a time and it's all my money

Me and the wife were watching that real i.d channel where they show actual crime reenactments. Anyhow this one ep showed how this woman killed her husband (real estate millionaire) for the money. Almost got away with it to. She offed him with via poison in the drink over time. Makes you think..

>>21330951
never trust roasties

>>21330420
Unless you’re part of the 1% that can make money trading (you’re not)m just buy big companies and hold forever

>>21330951
I think the smarter ones feed their husband unhealthy shit

>>21330875
You should see how much you lose at 9:30 when those AH gains kick in. My guess is you're about to lose 400-500 and you should've sold today

>>21330822
Naked puts desu.
Some months ago I preferred cc but I completely switched to naked puts pretty much.
>>21330846
It's high IV and theta making you gains while also being cheap. The underlying doesn't even have to move to make money

>>21330722
A couple of them are next friday and then the friday after. Trump is going on a spending spree, that generally pushes people towards gold to protect their money. I also believe in the price of precious metals continuous rise because of the complete instability of our government and social issues along with the trillions we are throwing into circulation

>>21330875
i duno anon, i got SLV going much higher in the coming months. the pullback we got was sharp but necessary

>>21330852
You're absolutely correct. I don't go in with all of my portfolio and always turn gains from the $50k collateral into a wheel for AMZN/TQQQ.

If all else fails, I'll pull some AMZN RSUs. If I manage to hit 7 figures on my wheeling account, I'll up the spread collateral to $100k. So I guess you can say I'm writing the spreads with 10% of my portfolio at all times and offloading any realized gains into the non-spread side of my portfolio.

These positions work out.. until a black swan event happens and they don't work out. I've had a few burns before on stocks I didn't fully understand (GLD, SLV) so I'm sticking to what got me here. Here are some pretty risky spreads I wrote a few weeks back for entertainment purposes.

Any other anons holding $CLSK?

>>21330951
>Trusting 3D
>>21330875
I'd sell desu.

>>21330901
Not him but you can do it on margin. I leverage my portfolio to do that. I usually start with setting up a scalp (usually shortly before and ex div date ) on some shares, if I don’t get a fill then I aim to scalp the dividend, and if I don’t get filled quickly enough Or if it goes down I’ll add some shares to dollar cost average and sell a call close to or above the average trade price of my shares.

Who's buying the BEKE IPO at open tomorrow?

>>21330384
wtf is this thread image where are my waifus

>>21331015
>Naked puts
Extremely retarded.

>>21330875
sell

>>21331180
Not in any way or shape more dangerous than holding a stock desu.

>>21331222
What is the significance of what you circled?

>>21331168
In bed

>>21331106
As long as you understand what you're getting in to, I wish you the best of luck.
Learning how to play the options market changed my life for the better, but I hit my fair share of walls along the way. I hope you make it.

ok lads I need advice. currently 23. been fucking with stocks since January. done ok, netting ~$2,000 so far this year. Current positions are raping me rn, about to cut em for a loss probably. since I'm young and about to start a solid job with a solid salary ($70k). how should my investment portfolio be broken up? Should I just cherry pick positions to hold? need some guidance

>hundreds of years of economic theory saying there is "no free lunch"
>MFW

>>21331222
>1 minute candles
I'm not saying your read is wrong and I already exited silver position a few days ago but I want to know: Do you actually use whatever widget is spamming your chart with constant buy/sell notifications? Cause that thing looks like trash on this time scale.

>>21331108
Went in at $10.34 today. Only bought 25 shares but I should have bought more. Literally up 10% on it just from today.

>>21331359
I only fuck up when I become greedy or ever fall under the illusion that I know where the market is going short term.
>>21331404
Just buy QQQ and hold till you retire

>>21331276
>selling puts on stock you can't afford has the same risk as selling calls on shares you already own
Stop before its too late.

>>21331359
Thanks man. I hope we all make it.

>>21331404
You might be great at options trading with a knack for math (understanding the greeks properly, researching bid-ask spreads and liquidity) or you might just be great at 'intuition' for buying and holding stocks.

What are your current positions right now? The recommendations people can make vary vastly depending on your current portfolio size. People are more prone to recommend risky plays if your current portfolio is say, less than your yearly income versus 5 years of your yearly income.

>>21330384
HAL will fall right guys. Oil will tank right guys

>>21331294
sell(red) vs buy(green) indicators based on overbuying/ overselling
>>21331452
i was setting up my TSLA for tomorrow and flipped over fast for a glance

>>21331536
>that 5 year chart
It is basically back at its mean.

Rich swede back yet?

>>21331106
So you focus more on x% of collateral to determine your strikes, rather than x% below the current price.

>>21330384
Why did she buy that art? I see what the most popular art is to buy online, and I just don't get it. Are people REALLY connecting with it and wanting to live with it? Really? Who connects with that piece of Art? Why don't they just research longer and find something that they really do connect with? Frustrates me

is patience a virtue bros?

>>21331106
Explain how they work. Like the put credit spread. Say those tsla ones fell to 1000. How much do you stand to lose at expiration. I assume you hold till expiration at that point due to how you mihht get ripped off if you try closing early.

>>21331569
Then sell next time it goes above its mean and buy next time it dips. easy cashola

>>21331558
You have a straight dotted line and a straight line. I see the curved and dotted lines are converging with the straight red line. The curved lines say that it is being sold more than it is being bought as they converge if I am reading this correctly. What do the straight lines signify? What units/scale and how are they determined?

>>21331651
probably bought from Ikea for 20 buck per. women demand that all wall space be covered in bullshit they don't care what it is as long as it's something.

>>21331695
There are literally hundreds of more interesting plays than oil. And even if I did It'd still be way more lucrative to do the futures contracts

>>21331663
sure

>>21331611
Correct. I take into account % below current price as well but I found out that the market makers for high liquidity stocks.. they know what's up. They're up to something. And the numbers determined by the collective mindset of the market which consequently determines the bid-ask spreads are a better indicator of where the stock will move, rather than the actual current price itself. As a result, I focus on x% of collateral first, then look at if the strike range is reasonable enough before writing the spreads. This includes stuff like RSI, moving averages, and of course - current world news, earnings, upcoming IV crushes or spikes.

And then after THAT, I start hunting for bid-ask spreads with anomalies on less popular strikes then target those to eek out additional x% on collaterals. A great one is AMZN, GOOG, AAPL. People will vega hedge across all types of strike prices on these and you can ride their action.

Anon from the last thread. She facetimed at 8:30, I got straight to the point and told her it was disrespectful and she overstepped a boundary, and she told me the guy is not coming over anymore due to some work reason or some shit, she told me it was "innocent" and didn't mean to hurt the relationship, she started crying really bad. She told me that she met him a year ago and they planned a trip to Disney because he never went, that the relationship was purely platonic, but before the guy cancelled because of work, she told me she was gonna tell him not to come anymore, that's right after I had gone no contact.

We are still facetiming now, things cooled down. Still didn't like the shit she pulled. I told her she overstepped the boundary and that it was fucked up on her part

>>21331131
well redpill nigga

>>21330458
>second wave
lel, an increased number of reported cases from the fact that the government is paying out the wazoo to have every man/woman/child tested does not mean we're having a "second wave", brainlet. Fatalities continue for this flu hoax and the data show that it's fucking nothing.

>>21331524
Only have two positions rn. I have a feeling that communications infrastructure will be solid for the future. My biggest position is Cisco, which got killed by a lukewarm earnings report today. The other is a smaller position for Telecommunication hardware.

What the FUCK is going on with silver? I need answers doom bros
(No retards plz)

Should I trip balls on shrooms this weekend? I haven't done any hard drugs in years. But smoking weed isn't alleviate me of work related stress anymore. Perhaps an out-of-body experience is what I need.

>>21331794
"purely platonic couples vacation to disney" that dude wanted to smash, I promise you. Even If she didn't realize it.

>>21330384
That nose. She's gotta be undermining her host nation.

>>21331508
Who says I can't afford them?
Naked puts is no different from writing CSP. The only difference is that you can use a slight margin for good deals without even having to pay margin rates.

>>21331794
Not who you're replying to, but once a hoe, always a hoe, dude. You gotta drop her.

>>21331794
She had sex with him for sure. Why did you answer anon?

So.....anyone been keeping up with GNUS?
Even the most enthusiastic bagholders are starting to crack up...
From enthusiasm to bankruptcy in 3 screenshots....

>>21331794
Girls don’t even realize that every single guy they talk to wants to fuck them but that being said she still needs to know it’s not cool with you and any guy will back you up 100% unless he’s a little bitch. Back to topic at hand though

>>21331898
The spot price has decoupled from the physical price. We're in completely uncharted territory. $SLV still risks imploding with September deliveries, the amount of paper silver being sold is absolutely ridiculous (The crash involved selling 20x the yearly non-industrial silver yield in a single day)
The variables that entice people into entering a silver position right now haven't changed one bit. Bond nominal yields went up.. but CPI went up to the same degree, so the true yields are still negative.

>>21331684
Closing early historically yields better results than holding through expiration due to black swan events being capable of blowing people out. There was a study I read somewhere that had a sample size of like, 50000 plays and it was better to take profit after getting like 20-25% of the initial premium instead of riding it out til the end because of the losses here and there that can blow out dozens of smaller gains.

On those spreads, I don't remember exact math but that TSLA $1350/$1290 spread is 4 contracts.

If TSLA goes to any price below $1350, I have to buy it from them at $1350, so that's minus $135,000. But I also bought a $1290 put, letting me sell it at $129 each, so that's plus $129,000 pretty much. So for each contract, I can lose up to a maximum of $60 times 100 ($6,000). With four contracts, that's $24,000.

But I get paid a premium up front to write these put spreads. For me that was roughly $8,000 - so I got paid 33% of my total maximum loss collateral to write these. Which means the maximum I can actually lose is $16,000 of the $24,000 required for the play. The best case scenario is +$8,000 if TSLA ends up above $1350 and and the worst case scenario is -$16,000 if it ends up below $1290. Anything in between depends on the price it ends up at. I like to close them out manually if the price is too close for comfort the day before expiration. Usually the strikes are far out enough that I don't need to do this. Most of the time though, the theta decay reduces the value of both options as it gets closer to expiration which makes it even more likely to win the bet for strikes very unlikely to be breached.

>>21331794
>She told me that she met him a year ago and they planned a trip to Disney because he never went

>>21331898
Bullion banks are still trying to short it. Shenanigans until September, likely around the next comex silver delivery date. Shorts lose the more actual delivery is desired instead of cash settlement. Absolutely massive future options contract volume in September.
Silverbug memers think the SHTF scenario is a collapse of the paper market resulting in a force majeure for silver. Then all hell will break loose for all commodities out of misplaced fear.

What do yall niggaz think of $FVRR?

So what happens if your short on your spread get exercised?

>>21331794
You keep a cheating how around?

>>21331794
Shes a whore and you're a retard. Perfect match.

>>21331794
I wasn't in last thread but I can almost guarantee they've had sexual relations based on her reaction.

>>21332123
Nothing really
I know it's site where you pay people to do stuff.

>>21331868
>Cisco
>Telecommunication hardware
You're making it. If you don't mind taking risks, you can go long on additional COVID-proof and post-COVID-recovery proof positions. Stuff that people won't massively rotate out of if COVID were to suddenly disappear one day. So I'm talking about avoiding stuff like Pinterest and Etsy. I have some LEAPs on WM and NOW.

>>21332084
What is force Marjorie been hearing that and can’t seem to get it down to 90iq for myself

>>21331794
Dump her. Save yourself future heart break and inevitable cucking/cheating.

>>21331794
SHES A WHORE

>>21331794
Why do people date women? Glad I’m gay wtf

>>21332129
Depends on your broker. But it never happens.
Options getting exercised before the close on Friday has never happened to me. Ever.

>>21331794
On to the next one, my dude.

>>21332230
Just incase it does, do I contact my broker?

>>21332123
>niggaz
Ask stocktwits, your kind belong there

>>21332206
Fags are literally incapable of having monogamous relationships.

>>21331789
You are an invaluable source of info, anon. Come to smg more often.

I'm the guy that constantly asks you questions about credit spreads.

>>21332024
So this is the true face of the Robinhood zoomers that the media keep talking shit about..

Kind of depressing honestly. They could've done so much better if they actually spent time studying before making irrational moves.

>>21332262
Chances are your other option will get exercised automatically.
Just ask them. Write an email

>>21330749
$26.5c 8/28 here. We'll see what happens

>>21331524
Explain what happened in your pic im confused

>>21330822
but i don't have the money to do covered calls on companies i believe in without being nearly all in on them

>>21332024
>>21332308
how do these mutts even end up with that much money to start with? dude looks like he works at taco bell

>>21331706
sorry i had to step away while writing this response
>You have a straight dotted line and a straight line. I see the curved and dotted lines are converging with the straight red line.
yeah so essentially the ideal area to sell/buy is between the dotted line and the solid line
>The curved lines say that it is being sold more than it is being bought as they converge if I am reading this correctly
yes. its an analysis tool that i have used in the past to determine the high/ lows and where to buy/ sell.
its normally used by crypto pajeets but it unsurprisingly works for securities too
this guy explains it pretty well
https://youtu.be/7vhIsk51_Ro

>>21332280
It’s possible. I want one. Mostly I just find no guys that are already taken.

>>21332072
Cool thanks for the explanation. I did something like this once but ran away in fear. Had something like $310/307.5 put credit spread back in 2019. Didnt really fully understand it. Got freaked out as i dont fully trust robinhood to properly execute a position like that. They expire same day, one is a buy the other is a sell and they've let me risk more than my account had in it due to the credit.

Advice on doing this with 35k? I mainly only touch regular 1 way options rather than spreads.

>>21332375
I spent $45,000 of collateral to get $4,500 of premium paid to me up front.

If SPY went above $330.10 the next day (Friday, 7/24), I would stand to lose all $45,000.

SPY was $322 on Thursday, and had been on a downward trend from a previous high. We hadn't had a >$4 upward movement in a single day since the original June runup on vaccine news, and even then it ran up $8. Of course, that's a larger percentage since SPY was 311 then. But that made no difference to me. So I wrote 450 contracts for a credit of $0.10 per share and came out on top as all the calls expired worthless.

Repeating digits and everyone in this thread liquidated their entire position to go all in on Link.

i've lost 30k on ktov

>>21330852
When people say “blow up their account” what are they talking about? Like a 20% drawdown or straight to $0.00.

The way I see it writing options will get you assigned at worst or having to possibly close out a runaway. I’ve been doing it since the crash. Have had 3 drawdowns of -10% or greater but still up ~90% overall.

>>21332406
What are you doing instead? You buying my calls then?

What should I replace QQQ with if I’m already 15% SPY and 25% AAPL/MSFT

>>21332656
trips and you get banned for shilling meme coins in a thread about the stock market

>>21332733
nah just buying tech stock shares and holding until the market crashes and i kill myself

>>21331794
Bruh I had a girlfriend that I was with for like 2 years and I ended up moving 4 hours away and even though we saw each other every weekend I'd pick her up and she'd sleep over she STILL cheated on me. Once I found out from lookin at her phone (and snapping it in half instantly from my sperg rage) I dumped her but she begged and said it was a mistake cause she was coked out and just happened once. Anyway I ended up dumping her for good like a month or two later after I told her I fucked some fresh 18 year old tinder pussy and she took an uber all the way to my place and I told her to gtfo and she left screaming.. fun stuff but yeah moral of the story is like another anon said you're gonna get cucked. Unless you guys are planning to move in then it's not worth pursuing. Unless the sex is like amazing or something then Idk maybe its work getting cucked. My ex did give amazing head.. but yeah couple months dating.. 4 hours apart.. not gonna work my man.. remember that HE canceled and she just said she was GOING to cancel on him.. but where is this guy at? He 10 min away? If it's not this week its next week bruh

>>21332778
off by one

What the fuck are you all doing, why is everyone taking massive losses. I’ve made decent profit from this website but recently sold everything off. Are the good times over ?

Is it a good time to buy apple? might drop 10k into it this week

>>21330672
Oh you're the same guy who did the huge gain on tsla. So what kind of gains do you generally see in a months time doing this strategy?

>>21332656
>shitcoins
Please leave my thread.

>>21332665
What is the next part of your master plan?

>>21332820
fuck i love when girls are this skinny... any skinnier and it's disgusting but when you can see the ribs like that oh boy

>>21332875
i wait until it drops to $0.25 and buy more
then i'll shoot myself

>>21332665
as of now I'm down $12

>>21332184
Commodities contracts are binding agreements for both parties to buy/sell a commodity at a fixed price at a set date. This is different from stock options which only hold the option writer to the terms of the contract at the whims of the option buyer.
Silver is notoriously over-prescribed on paper. Where hundreds of people all hold pieces of paper laying claim to the same physical silver. SHTF if a small proportion of paper holders (including futures contract buyers) actually demand the physical metal the paper is supposed to correspond to. If you are trying to short these contracts and suddenly you need to deliver a lot of actual silver (and not cash settle it), you are in serious legal and financial trouble. This would be Force Majeure although not from an act of God but because you basically exposed yourself to holding a contract you could not fulfill your obligations to.
I am not quite sure how Comex deals with it since those charters are fucking boring to read but probably you'd have to settle at any price you could get the physical silver for. And if that happens the price of silver will spike from MMs front running short idiots caught in this position forcing them to pay absurdly high premiums so they can actually get the silver to deliver. Then afterwards the futures contracts for silver will be so volatile from distrust and fear that who the hell knows if it would be worth anything.
That would probably cascade to temporary mania with ALL commodities and people would start hoarding out of fear that corn, platinum, rice, coffee, etc. could be next. Irrational, but that is the market. This is, of course, peak metal doomer theory.

>>21332778
>>21332853
I lost over $10k in the stock market since March.

>>21332639
So whem did you write these? A month before, a few weeks, a week, same week?

Trying to get an idea on how to do these as I would like steady gains via this method on stovka im familiar with

>>21332498
Sadly it's possible that he saved up for it after working many, many years and lost a big chunk of it with just a few taps on the phone.

>>21332562
If you have 35k and you can't afford to lose it, stay away from spreads altogether. You're better off either doing covered calls (buying 100 shares of a stock you don't mind holding long term then collecting bits of premium along the way) or running the wheel (getting paid a premium to "buy" a stock at a "discount" if the stock price drops, but something you actually don't mind holding for a long time in the case you get assigned the put to buy the stock.)

So an example for this would be something like QQQ, TQQQ, or AAPL (post-split).

Example here, TQQQ 8/14 $115 put was $2.47 on close yesterday. This was when TQQQ had a massive correction yesterday along with the rest of the tech sector. For every $11,500 of collateral you had, you could've promised to buy TQQQ at $115 on 8/14 if it stayed below that price. And you would've been paid $247 to do so. That's 2.14% of the required collateral. And if TQQQ has a positive run-up? You keep that 2.14%. Sure, you could've bought the actual stock and had it run up say, 4%. But would you have sold to lock in that 4%? Or are you the type to hold it hoping it goes to 8% gains and then feeling bad when it crabs back down to say, 1%.

And let's say TQQQ does drop to $113. You still got paid $2.47 per share to buy it at $115. So in theory you bought the stock at $112.53 each. And if TQQQ has a green run up back to $115, you made that premium back already. And you can proceed to promise to sell those shares at say, $120 and get paid something like $2.47 per share again. And you know what, you're still happy if TQQQ goes to $122.47 since your average cost theoretically was $112.53 each and you sold those shares at $122.47. Gains are gains.

>>21330384
When will these retarded patterned long johns go away?

Yikes guys lmao I remember when I meme shilled this and made some cash on the .95 to 1.25 day pump, you could tell they were going to fuck you when those likes started making extra market moves

>>21332507
So you are saying now is the time to buy so he should sell his puts..

>>21331168
A FinanceFu is fine too.

>>21332946
nobody cars about your shitty calls
own that and stop projecting your failures on others, faggot

Sold Chainlink at $1:50 - for a loss.....

>>21332840
They're t akign massive losses cause they are gambling on memes. The market mooned today, and anyone who made less than 2% is dumber than a boomer

>https://www.youtube.com/watch?v=oh_QXnJcP7M&feature=emb_title

How do I short this?

>>21331794
You're still talking to her, so she won. Just admit you're a cuck, go there and watch them fuck. I'm pretty big so I can join in if you want an anonbro to do it instead of that guy

>>21332978
How many years in to the yoga pants trend are we now? Eight? Ten? Give it another five and women will have moved on to the next hivemind apparel choice.

>>21331794
you need to go back

>>21332990
depends if he is going long or just scalping silver

>>21332950
I wrote them a day before after observing the SPY runup through July 22 then watching it correct the next 2 days. SPY closed green 4 days in a row prior then saw a lot of resistance and uncertain news. So I jumped in.

>>21332842
In this market, I'm up about 12-15% a week and 25% or so when I can find attractive bid-ask spreads on stuff like GOOG, AAPL, TSLA, AMZN.

4 companies will have IPO's tomorrow
1) KE holdings ticker BEKE- China's largest housing platform expected price range 17-19$
2)RedBall Acquisition. ticker RBAC.U - a blank check company. expected price range 10$
3)NETSTREIT. Ticker NTST. real estate investment trust that acquires, owns and manages a diversified portfolio of single-tenant, retail commercial real estate. Expected price range 19-21$
4)Northern Genesis Acquisition, ticker symbol NGA.U another blank check company, expected price range 10$

>>21333123
at least twenty years.
im pretty sure yoga pants were hot even during 9/11

>>21333077
If you are holding anything above it's February high I sincerely feel bad for you.

>KTOV
How many times do you idiots need to learn to avoid small and microcap biomemes? They will always seem promising but they always suffer from many, many, many filters that destine most to be losers. Just buy the mid and large caps that pick the winners. Jesus christ.

>>21333228
what are your picks, o mighty ipo-non

>>21333232
high-waisted factory pre-ripped jeans seem to be the new fad.

>>21333089
What a surprise, a "minority" is torturing animals. Sick fucks.

>>21333310
probably going to gamble on ke holdings

>>21333123
How to profit from this.

Friend of mine about 12 years ago, his girl and him they were renting this house. Split expenses and shit right down the middle. Well one night while he was driving home she calls him. Says "I'm leaving you". He gets home. Fucking place is cleaned out. Only things left is his clothes, his computer, and a sorry ass coffee table. Poor bastard couldn't even afford the rent on just his pay so I let him stay with me till he figured out something. (What? Not help my buddy and let him be homeless?, I may be a greedy bastard but I'm not heartless you know).

>>21331794
Should I really break it off with her? We're still facetiming, I've been kinda quiet and she's acting like everything is okay now

why didn't we buy igc

>>21333323
high waisted jeans are pretty hot.

low rise jeans just make girls look like midgets

>>21333352
If you notice lots of women are wearing the same type of clothing from the same brand you should check if that brand is publicly traded. I would have made a lot of money on LULU if I had done so when I first noticed the phenomenon.

>>21332049
So in essence the fact I’m buying paper silver commodities (AGQ) means I am completely fucked and should exit ASAP?

>>21333366
why is the schizo 37 year old still here, fuck off

>>21333446
im 99% sure its the kim possible faggot again

>>21333425
A reckoning for silver futures and all derivatives, if it comes at all, will be in September. If you are that concerned about it you should exit or reduce your positions/exposure by then.

>>21333323
The 1980's is back with a vengeance.. Thank god. Time to break out my denim jacket from storage. Gotta buy me a pair of aviator shades and let my hair grow back into a mullet

>>21333254
>-26% after hours
Lmao, retards get fucked again.

I’m 21 and a virgin, how (un)fucked am I?

>>21330384
FUCK FUCK FUCK GUYS ITS HAPPENING

>>21333527
Well if everyone knows it’s coming in September then wouldn’t everyone dump in August? Which basically is happening now

>>21333620
About 21 years of being unfucked sir. If you live outside the u.s hire a hooker

>>21332962
>But would you have sold to lock in that 4%? Or are you the type to hold it hoping it goes to 8% gains and then feeling bad when it crabs back down to say, 1%.
Lol i know that feel oh too much. I generally only hold because
>i own too few shares and am scared itll keep running
>i believe the stock has great potential
It's only recently where i have sold to lock in profits even if i only own a few shares.
Abysmally to my shame as my strategy was not fully undegone with....I was supposed to go all in but i kept acting scared only to be slapped in the face with a 33% jump in price soon after. Sold at like 50% but it keeps going higher....at least I locked in gains for once.

I can afford to risk it. I hate wagecucking. I want freedom from it and for my dear family (siblings and parents, so it's not like I'm risking a wife or child's wellbeing only mine), not slave away for half a century for me or them. So I don't have much of a choice but to risk it, if I win we're free, if I fail the government will bail me out like all the old boomers who are poor but only when I'm old. I only risk myself to save them. A small risk.

>>21331794
You're fucking retarded. She clearly was very flirty with him AT THE LEAST during their internship, and has clearly led him on online. At best, she enjoys the attention of having a beta orbiter, at worst, they've already fucked and are just trying to set it up to where they can again. Some women can have actual male friends, but "planning a trip to Disney" with someone you've never even fucking met, and one she should theoretically barely know is the real red flag. Take it from a roastie, women are fucking evil and you're 100% a cuck if you stay with her. If you were living together and you could control her, I might say let it go, but yeah, this isn't going to end well dude.

>>21333702
>as a roastie
Nice larp faggot

I left the market the first week of june thinking a crash would come, I believed the doomers and missed two months of green pastures for not looking back to see how everything was going. What an idiot! Now, I want to get back in but I feel like the momentum might be over and a bit of a correction might be happening the next two weeks. I never moved the money out the broker account because I was certain I would jump back in any time, but never really did. Is it fear? Is that what is stopping me from leaving poorfagness behind? How do you know you know enough? Is risk management what makes the difference? I just want to be grow my little money enough so that I can make a living out of this...

>>21333628
I mean its a mess because, outside of oil (uranium is too regulated), silver is the most manipulated commodity on the exchanges. Shorts can make a lot of money slamming it down like they did the past 48 hours and they can keep playing that game against longs as long as everything is overwhelming handled with cash settlements.
However, if you think the shorts are going to expose themselves to a once in a generation bleed out, then you can make even more money by their overexposure. The desire for physical delivery determines which side wins and that is determined by a bunch of factors (10 year treasuries, VIX, fed policy, gold/silver ratios, whatever). Silver is famously volatile and it is going to be even moreso than what you have seen the past few weeks in September.

>>21333620
hardly matters in practice when the internet and widespread porn is a thing
you'll find out it hardly matters and no one is really a pure innocent virgin with the internet, im sure somoene will eventually give you a pity fuck at least if you're not obese

>>21333401
high-waisted shit looks bizarre to me, much rather see low-rise

women look good in lowleg pantsu

Is this bullish?
https://twitter.com/realDonaldTrump/status/1293722878882598914

>>21333040
>Sold Chainlink at $1:50 - for a loss.....


top fucking kek

>>21333350
what're you thinking for a move? buy at open, hope for pump, unload before EOD?

>>21333943
watching that was surreal

>>21333350
I freed up $400 for it so let's see how it goes

>>21333620
Fuck!

>>21333040
It's not too late
Get back in

>>21333208
Oh I see, you saw a great opportunity and jumped in with a short time frame. In general at what point do you usually jump out? A certain percentage gain or until expiration?

>12%-15%
Just how much do you willingly risk of your entire portfolio to do this strategy. You dont need to say a dollar value just a percentage would be fine.

Eg.
Your account is $40k
You risk only $20k in collateral
Thus you risk only 50%
Albeit with a median gain of 13.5%, if I could pull that off 3 months in a row with nust just 25k I'd quickly reach over 100k. More so with 35k.

Just trying to get an idea as there are stocks I wouldn't mind doing this on. Just a bit to get my feet wet.

more Apple calls tomorrow or Tesla calls?

>>21333197
What do you mean depends? If the options are running our of time and the price is rising he has to get outta his puts no matter what if he doesn't want to loose money

>>21333943
I´m taking all my savings and put them on trump getting reelected. Easy money.

>>21333698
Just remember, you can come back with 50%, but you can't come back from 0%. Start making some smaller plays with new strategies, but educate yourself first obviously. People hate learning about "the greeks" and just like to look at charts. People hate reading the news. People hate putting in time. If you truly want to escape the cuckery, don't listen to not just others, but also listen to yourself in your own education.

The dumbest fucking thing I did before getting into stocks was literally reading about all 500 fucking companies on this retarded ass list. I don't recommend it. But that's what I did.
https://en.wikipedia.org/wiki/List_of_S%26P_500_companies

Education, trial & error will get you to the top. But only if you learn from every play you make instead of clicking a few buttons then watching the line go up and down. Learn why it went up or down. Good luck friendo..

>>21331794
Yo anon where is she from because i know that some states are fuckin crazier than others IE NY,CA, and FL

>>21331794
SELL
E
L
L

>>21333943
What the heck was that!? The way that cloud went up.

>>21331794
Seems like an overreaction, she feels guilty and is trying to keep you from getting suspicious

Also, lol at the guy suddenly canceling right after you reacted poorly to the news, she 100% told him what happened and he canceled to keep the heat off him

>>21334176
Broooooooooooooooos!

>>21334244
https://en.wikipedia.org/wiki/Condensation_cloud

>>21333593
Somehow I question whether the mullet will truly make a comeback. To get to mullet I think long hair for men would have to return first, then get shortened to mullet at some point.

>>21334127
>There was a study I read somewhere that had a sample size of like, 50000 plays and it was better to take profit after getting like 20-25% of the initial premium instead of riding it out til the end because of the losses here and there that can blow out dozens of smaller gains.
Mathematically it's better to close them out after gaining 20-25% of the initial premium just to be safe since one huge bad play can blow out multiple smaller winnings. But then again, I trust in megacaps like AAPL to not swing down 10% in a single day even on massive selloff days like we saw in March.

Initially I risked 50% of my entire portfolio until I made enough wins where that initial 50% became 10% of my portfolio. Now I consistently write spreads with 10% of my portfolio and run the wheel on the other 90%. Any gains I make from that 10% I roll over into the wheel. I will say that the gains from that 10% of my portfolio is usually bigger than the gains I make from the wheel.

Think of a median gain of even say, 5% a week on safe plays on megacap like AAPL or GOOG. With a starting capital of 50% of your folio (17.5k), that's 221k in 52 weeks. As long as you don't blow ALL of it out, and start getting a better feel for plays (ie. taking 8% collateral plays on positions you're 100% sure on versus taking 3% collateral plays instead since you are having a hard time reading the market) you won't blow out your earnings on bad plays. Winning consistently, regardless of 1% or 7% is key. You don't aim to get 5% on every play, you aim to get 2% here, 7% there, 10% there, 1% here. But never a negative %.

>>21333943
Sweet.

>>21333401
This

>>21333620
sex is costly
as long as you didn't waste it all on video games you have a financial edge

>>21331106
can u explain like i'm lazy and retarded?

>>21333943
god bless donald trump.
biden is a boomer but trump is a BOOMER.
I can't wait for trump to tear into him at a debate. This fall is going to be amazing.

Uh oh...b-bros...

>>21333828
Literally never bet against America. You would have been right 4 times in the last 140 years if you did. And you would have been right tens of thousands of other times if you bet ON America. America always wins. Buy and Hold. The line goes up

>>21334583
>monday
they may have closed that position by now
there was a large order for puts on qqq today, that's what I would've used if I were trying to post bullshit FUD

>>21333620
You'll be fine anon.

>>21334583
>3/19 exp

Probably a hedge, liquidity for adjusted options aren't great after the split so it's not a good play for resale

>>21330384
OIL will be down tomorrow right guys. Tell me I didn't BOBO up for nothing

>>21334583
2021 tards

>>21334588
Unironically this. I believe in America more than I believe in any other country, including my own. I just thought, you know, unemployement, lockdowns, the press wanting to sking it all, etc., would have an effect. I wasn´t expecting march lows but perhaps something lower.
But I believe now. I will buy and hold. America will kick China´s ass, defeat the radical left and bring a new era of prosperity against the wishes of the globohomos.
Tech Up again tomorrow, Airlines, hotels, etc down again, oil down. May you all get right anons but more than that, may you all find meaning in your life and good people to share it.

>>21334967
Based beyond belief, good luck fren

>>21330458
>second wave
corona-chan is not seasonal, there are no 'waves'

https://m.jpost.com/diaspora/a-synagogue-is-in-the-middle-of-the-kodak-insider-trading-investigation-638419

Kek kodak is confirmed a Jewish ploy

>>21335027
You don't need seasons for waves, retard.

What does this mean? I have to pay taxes now!
Explain

>>21335027
ehhh... flu season is also when it's cold out, so people spend more time indoors, kids are just returning to school and getting close to eachother and being filthy snot covered shits... and viruses still spread more easily in the cold. Also, if the regular seasonal flus weaken the immune system, I could see it making people more vulnerable to CoronaChan...

Who the hell knows what's going to happen.

You are going to buy the 2nd biggest Chinese IPO tomorrow right anon? It’s literally free money

>>21335169
Why would I invest in the chinks? Fuck them. Can't wait until they are all delisted before 2022

>>21326510
Thanks anon, I'm starting the research but it isn't looking too good for me...
Oh well I guess a little bit of dough could be better than nothing?

I'm trying to imagine if there are any drawbacks...

>>21333830
Thanks for the info. I screen capped your post and I’ll look more into it.
You’re more helpful than the guys in /pmg/

>>21330439
X = chain
Link = Link

Remember that Markets will crash next week because Sleepy Joe winning the election is gonna start pricing in

>>21335273
lmao

>>21335273
Lol Joe is not going to be potus

>>21335169
Which company?

>>21335273
Meh, this bullish or bearish for gold/silver?

>>21335311
Ke holdings (BEKE) biggest real estate company in China made 3.2 trillion last year

>>21334176
Yeah I learned about the greek symbols for stocks like a month ago. They only seem reliable on high liquidity options or in rarer cases for low liquidity/low volume options when the stock moves hard.

Lmao reading all that. I think i attempted something similiar but for the purpose of picking stocks before i got bored and just picked what piqued my interest.

One last question.

Say you have 10 put credit spreads on spy.
>330 sell put
>329 buy put

If the stock closes at 329.5 what exactly happens? You dont have enough money to buy that many shares and i assume robinhood wouldnt hand it over to the other person. So what exactly happens?

Alternatively what happens when it closes at 320? How does the brokerage grabs the other persons shares and hand it to the other person if you clearly dont have enough funds to even afford that many?

These 2 questions are what scared me off the most.

Has there ever been a presidential candidate who said they'd tax the stock market and won the election?

>>21335273
biden has no chance drumpf hasn't even started dunking on him yet

Reminder to ignore boomers that think it matters if their team's boomer is in the WH
https://www.kiplinger.com/article/investing/t043-c008-s003-how-presidential-elections-affect-the-stock-market.html
Both boomers are printers. That is ALL that matters

>>21335434
painfully correct

>>21333040
I bought at $3 after the retracement from $3.5. I can't imagine how fucking rich the faggots who bought for LINK pennies are right now.

>>21335410
Watching trump wreck him at the debates I will coom without touching my dick. Shouldn't be anything less than a bloodbath right?

>>21335273
please, everyone knows it's a 50/50 shot at this point, and neither one is gonna touch wallstreet cause they're both corporatists.

Give me the fucking DENN memes and image files or your mom will die in her sleep tonight.

I would do unforgivable things to Morgan Brennan

>>21335522
LINK for pennies*

>>21335385
If it looks risky, Robinhood closes the spread at like 2:45pm. Robinhood fucked me over on a spy spread once like this, actually. At 2:45 it was below max profit, so Robinhood closed it, and I lost 600. About 20 minutes later, the price of SPY skyrocketed above the max profit price. If Robinhood hadn't touched it, I would have been up 300.

But you should never be coming that close anyway. I was definitely mad, but it was my fault in the end. My lesson there was to prioritize safety over premium. Focus on safety

The problem with the election will be the election fraud with the mail-in ballots. It's going to be brutal. And I fully expect the losing side to riot

>>21335565
Same. They closed a credit spread because they deemed it "at risk". Closed the position at a loss when. I would have collected the entire premi. I guess that's what you get for fuckin around with robinhood. I would like to penetrate all of Morgan Brenner's orifices.

>>21332024
>>21332308
>>21332665

>>21335626
>believes in the election fraud meme

We might have an actual Apple sell signal here:

https://asia.nikkei.com/Business/Technology/Trump-s-WeChat-ban-threatens-Apple-s-smartphone-sales-in-China

https://fortune.com/2020/08/12/apple-china-market-trump-wechat-ban/

>>21335709
Yes I do. And even if it is false, if enough people in the US believe it, there will be riots regardless.

>>21335522
How many people actually make it from the numerous coins shilled on here? Maybe I'm too risk averse so my gains will always be boomer tier, but I'm a high earner and will get 7 figures nw in a year maybe two.

>>21335772
The boomers at the top will just come together to print checks to everyone to quell rioting.
Everything will now be handled by the ALMIGHTY PRINTER

>>21335385
Those are very valid questions. And you don't want to be put in that position which is why closing things out early is recommended (by most) even if it means you don't get the full premium.

If it closes at 329.5, two things will happen.
You will be assigned the 330 put. But your 329 buy put will expire worthless after the options exchange clears everything. So what happens now?

If you're using Robinhood, if your options are so close to being assigned, Robinhood will try to dispose of the spreads at market value about an hour before actual expiration to try and reduce the pin risk.

What is pin risk?
https://www.investopedia.com/terms/p/pinrisk.asp#:~:text=Pin%20risk%20is%20the%20risk%20of%20an%20option%20seller%20holding,wipe%20away%20their%20expected%20gains.

When you are assigned the 330 put, but the stock closes at 329.5, your 329 put will expire worthless. This means that you are forced to cover the 330 put by "buying" the shares at market price on open the next day. Robinhood does not like that since the stock can move overnight to something like 310. When that happens, you are stuck with shares at 330 but are unable to sell at 329 since the move happened overnight to 310, after the 329 put expired. This puts you at a loss of $20 per share instead of the $1 you had hoped for. This is pin risk. Robinhood hates this happening so they will just close out your position (even at a loss) if it's this close to being assigned ITM. So your ideal situation, as stupid as it sounds, if you're using Robinhood, is just closing it out a bit early.

Then again, if your put spread is so close to being broken through, you've made a bad play and you can afford to close it out for a tiny loss.

Basically what I'm saying is, if it's between the strikes, just close that shit out. It's not worth the trouble. If it blows past your lower strike, well then you just take the maximum collateral loss. No pin risk expected.

goodnight /smg/, see you on the trading floor tomorrow.

p.s: don't be scared, don't look at futures right now because NASDAQ is down 2.14%, we'll gap up in the morning

>>21335772
>knows it’s false
>still believes it
The trump campaign is un ironically a cult

>>21330384


visa <200

>>21335878
Reading comprehension is not your strong point, no wonder you're a retard

>>21335844
the broader market means nothing to me only the USPS deal

TSLA is hitting 2000 by eow and there's nothing you can do about it

>>21335844
Only down .03% right now in Futures, still over 100 up from the close today

>>21335926
I'm buying a call right at open

>>21335626
>trump wins
>black people burn the country down
>trump loses
>white people burn the country down

Ebin

>>21335923
>WKHS gets the USPS deal
>dumps 12%

>WKHS doesn't get the USPS deal
>dumps 12%

>>21330666
Go away Stan

>>21335844
are you retarded?

What stonk will turn my $10k into $150k by Friday so I can pay off my house? Thanks in advance.

>IGC
>350 million volume
>into a shitty $2 meme stock
literally where the fuck is this volume from?
this is some fucking huge mystery algo shit right?
i refuse to believe this is robinhooders and karens that have this many millions of dollars

>>21335844
>don't look at futures right now because NASDAQ is down 2.14%
YOU MADE ME LOOK MOTHERFUCKER

night

>>21335934
>>21336032
>made them look

GOT EMMMMMM! DEEZ NUTS!

>>21336073
GOT EMMMMMMM! DEEZ NUTS!

>>21336084
hehe you got me good man! Sleep tight, you dork!

>>21336084
I'm watching Bloomberg, sperg.
Go to sleep.

>>21336060
VTI

>>21335878
https://www.realclearpolitics.com/articles/2020/06/26/1_in_5_ballots_rejected_as_fraud_is_charged_in_nj_mail-in_election_143551.html

I hate waging and can't win the markets so I'm claiming autism bucks. How to file?

I would lick this woman's butthole

FUCK FUCK FUCK I'M A RETARD THAT MISSED OUT ON LITERALLY FREE MONEYYYYY!!!!

>March 29 to July 25, 2020
>16 weeks, 6 days

>Phase 2: March 29 to July 25, 2020
>$167 plus $600 per week for each week you are unemployed due to COVID-19.

MINIMUM of 12k to just buy stocks and rocks with, and get me through the hell that is coming.

>>21336181
hey I have that pic too
my backlog is infinite but I kinda want to rewatch Toradora...

>>21336152
Doubt.

Goodnight frens
Hoping to a great premarket

>>21333401
You must be a zoomer.

>>21331222
Reading this again.. I don't think you looked at his posted closely enough. He has puts, the reading that I've done says the chart is about to reverse downward. He wouldn't want to sell his puts if that were the case, unless if I am reading this wrong

>>21330420
you should get a job that enables you to invest $1000/mo minimum

>>21336258

>>21332198
old fag been there done that. listen to him.

>>21336320
The earlier you go to bed, the earlier you can get a start on tomorrow's gains

>>21335626
Both sides are laying groundwork to scream voter fraud if they lose. Exact same thing happened in 2016.

>>21336060
That's a nice house design but that photo looks like an architect's concept render and not an actual picture.

*smacks lips*

*puffs vape*
yeah, TSLA is going to $3000

>>21336593
>That's a nice house design but that photo looks like an architect's concept render and not an actual picture.
I could be wrong, because I have flux on and I'm tired, but it looks like it is just a heavily HDRed picture, not a render

>>21336643
Could be.

>>21336624
Based

Honestly in this fucked up time now a total market fund (VTI/VTSAX/SWTSX) may be the safest play of all. When no one knows what's gonna happen next. So far this year my SWTSX has brought me a 15.99% gain, which even in a more steady time is damn good. All I've done is tossed money in on good dips (tossed in a big load during march)

why /smg/ love women with terrible body ratios?

>>21336624
>300 after the split
It’s fucking unreal that stock splitting to literally pump ur stock is the hot new trend and the experts agree that’s a great plan. Fucking clown world

>>21336258
wait is she Jewish

>>21336724
I like the women posted. Show us some pics of women you like, Anon. Also tell me your favorite stock pick to keep this on topic

why did i ever buy ccl? all my year's gains wiped out. Bagholding fo life. :(

>>21336803
Huh? Did you buy in June or something?

NEW

>>21336992
>>21336992
>>21336992
>>21336992

>>21335273
Talcum X at it again

>>21336793
She a good gorl

>>21337517
hot

>>21337517
Milky milky

>>21337517
Fuck you fucking disgusting 3dpd poster.

>>21337517
risque. I like it

>>21335565
>>21335820
Thanks both of you. So basically if robinhood screws up there is always the possibility that
>i am forced to somehow take shares i cannot afford
>stocks dumps harder after the buy put becomes worthless
Correct?

So in essence just CLOSE IT OUT!

As i know robinhood has pulled some shady stunts (naked buy calls when it generally puts a warning and doesnt allow it).