/biz/ - Business & Finance

What do you guys think of buying corporate bonds now?

I remain bullish on WKHS

G-guys...futures red...I have 50 345 calls!!!

please crash its to expensive i cant afford a good stack *sniff

>>21601679
i think you touch yourself at night

>>21601679
>Buying bonds ever

TSLA stock? Check
NVDA stock? Check
WKHS puts? Check

I bought Tesla at $700, it was a FOMO, I felt like an idiot.
Not anymore.

https://twitter.com/oculus/status/1295769244894785538

>EVERYONE USING A OCULUS FOR THE FIRST TIME WILL HAVE TO SIGN INTO FACEBOOK
>EVERYONE USING A OCULUS FOR THE FIRST TIME WILL HAVE TO SIGN INTO FACEBOOK
>EVERYONE USING A OCULUS FOR THE FIRST TIME WILL HAVE TO SIGN INTO FACEBOOK
>EVERYONE USING A OCULUS FOR THE FIRST TIME WILL HAVE TO SIGN INTO FACEBOOK

>S&P 500 closes at all time high
>NASDAQ did the same yesterday
I'm all cash at the moment, I got out because I think we're gonna have a minor correction soon, either way I'm buying tomorrow morning though

>>21601715
>>21601763
Seems like a reasonable choice
https://www.blackrock.com/us/financial-professionals/products/239460/ishares-credit-bond-etf

markets will crash tomorrow. Look at GEX and DIX levels. compare to right before corona crash

>>21601674
>>21601624
based as fuck
>tfw no bikini tomboy maid JKGF

>>21601679
Now? No interest. I've only heard things that lead me to believe they are not undervalued.

>>21601847
There's nothing wrong with buying bonds but they're boring boomer securities that move at a boring boomer pace.

>>21601779
What is even the point of an Oculus?

>>21601707
We had S&P500 and NASDAQ ATH today, of course it will go down a bit tomorrow, and bounce back up shortly thereafter, especially since the Dems are finally close to agreeing to a stimulus deal. Tomorrow will be a good day to buy

>>21601777
>$700
>trips
I bought TSLA at $300 and got scared and sold it when it dropped to $250.

>>21601711
>>21601849
Why would the markets crash before like October? There's no fear right now about corona because it's not getting suddenly worse yet because summer, and most people are "over it" mentally. Another stimulus is coming soon... not trying to argue just curious. Are you thinking a mini-dump/correction they will squeeze in before the larger crash in late fall/winter?

im trying so hard not to FOMO into HQU right now (2x QQQ) right now. I can liquidate my crabbing boomer stocks to increase my tech exposure

or should i just go straight to TQQQ

>>21601934
>Mfw pulled out today to secure gains and buy the morning dip tomorrow
Feels fucking comfy man

>>21601920
Porn? Oh and racing/flying simulators.

>>21601777
Based. I bought at $999 and felt stupid.
Sold at $1,600
Rebought at $1,420.69 :^)

>>21601711
you won't buy the next crash you pussy

>>21601918
I'm pretty boring so maybe a good fit. I was surprised at the returns on investment grade corporate bonds though, like 5% on average which isn't much worse than the average for the S&P500 - which is pretty expensive right now.

>>21601982
Anyone calling for a crash is an absolute retard.
We'll have a red day correction, maybe a few, and then it's back to clown world gains because the fed just won't stop printing.
Can't see anything about this changing until mid/late October, people might pull out to cash because of election fears.

>>21601847
Meh

>>21601993
Just make sure you buy back BEFORE they announce the next Stimulus Wave. Or just don't sell at all and hold that one out, it will pump.

>>21602055
yeah kind of my thinking as well

>>21601763
bonds have a specific use, mongrel

>>21601993
Did this yesterday and bought the dip today
MA and FB
Oh and PYPL

My MA puts were 33% profit after just two hours so I bought them back already

How do you guys feel about $REDU ??

Any advice for a leaf looking to open a TSFA? Wealthsimple? Interactive Brokers?

>>21601982
>Why would the markets crash
>There's no fear right now
god damn it anon

>>21601994
do want--GET OUT OF HERE MR. CRAB

>>21602062
>Dat max drawdown
wewwww I would like it except you don't get to buy the dips

>>21601624
AMD looking like it's either gonna gap up or gap down. Hopefully it doesn't stay flat.

Happy Tuesday folks! Did you remember to write 8/19 SPY spreads with the remainder of your cash to squeeze out some nice 2-7% midweek gains?

>>21601934
Dems are closing in on HALF of what the market is expecting
Gonna be a major sell the news event especially knowing that the market can’t perform on its own without stimulus shows that the real damage is yet to come
The dollar is printing a big bullish candle along with indicators that should see it rise above 93 tomorrow that’s a heavy print and will shake equities hard
Btw anyone who bought TGT calls you’re about to get ROCKED (or held HD/WMT)

>>21602062
Well through some of that I'd rather have the bonds. I mean, it's kind of a play of if I think the market is going to correct... are bonds a safer place to stash money for a bit. I don't know when it is going to correct, but, things sure are expensive now for the climate.

>>21602238
Why can't the market perform on it's own? Small businesses are fucked, restaurants are fucked, unemployment is fucked, but who cares? Wal Mart is posting record profits. FAGMAN only goes up.

>>21602093
So does holding SQQQ.

Yes, they are a safe asset in a crash. As yield collapses so do the bonds rise. But this is a very very specific window and long term youre not going to outpace SPY with LQD or TLT. Especially in this low yield environment where there is little juice left and German bonds are already negative.

And right now yields have to increase again to attract capital, so bonds will drop. The last auctions were apparently a shit show if youre not aware.
>>21602204
TLT seems better honestly.
But there is not much juice left. You cant really ask for -1% and expect banks to buy. They do with German bonds, but only because Euro regulations and laws make them do it and they are seen as a "bank savings account".
>>21602302
You might consider TMT.

what are some good Iron condor plays? I just did one with Walmart and it was pretty comfy

>>21602238
Dems are closing in on half of what they wanted, not half of what the market is expecting. Remember that they wanted a bunch of baloney in the bill as well

>>21602234
As always an impressive gain, spreads bro

>>21602348
>TMT
Internet investment fund?

>>21602337
FAGMAN TQQQ FNGU crash will be an epic bubble pop, but who knows when it will happen years later if Trump wins, early November if he loses is my bet.

>>21602428
TMF
Sorry

>>21601008
yeah which is why i say, it depends on what time frame you plan on taking a trade. obviously one on a time frame like 30 D 15m could last for a month or longer, but likewise the trading range would be larger and so ultimately too would be the gains once it reverted to the mean eventually. which is why i've been preferring to scale in and out regularly, when i scale in and usually take half off the table at some point usually based on the ATR, with an ultimate "target" and the option to buy more shares if it dips lower and then sell half again over and over. that way as the price keeps flucuating you're constantly locking in profits and averaging down within the trading range.

i do find it interesting looking at some of the pics i took. seems like the levels for 2 D 5m match pretty decently with 1 D 5m for AMD for example, so that might be a good place to look for levels to scale in at.

this is what i mean by "optimizing", because more or less im just looking for what levels i should be scaling into a position at for the day. i also usually just shoot for going through a series of trades once, especially on whatever morning spike or dump occurs, i don't overstay my welcome since it's harder to do if you're entering positions later in the day where you don't have as much time to wait. of course, if you were willing to hold overnight, that'd be different, but then you'd probably be looking at a 5 or 10 day chart instead of just 1-2. ultimately im just looking at how to optimize what levels i should be buying or shorting at for intraday trading right now, though. 2 D 5m during the premarket seems pretty good so far, we'll see how it works out tomorrow. if i start seeing some consistency i'll likely start increasing my position size, currently im just testing it out with 10 shares of AMD just in case im wrong and get fucked somehow but i'd like to do 50 or 100 shares from 2 SD on.

>>21602459
bitch dont say that shit

Anyone else holding GRWG?
Gains have been insane as of late

>>21602459
It's not really a bubble, though. The big FAGMAN megacaps (other than Netflix and Amazon) all have reasonable PE ratios and good cash positions. Are you trying to tell me you wouldn't buy the shit out of MSFT if they dipped to 180?

>>21602632
Lmao how old are you? Honestly because that’s gonna really determine how I respond to you next

>>21602632
>(other than Netflix and Amazon)
this is what worries me. I don't like that QQQ is 10% Amazon and 2% Intel.

>>21602459
>>21602505
the real question is: how do we avoid a civil war? both sides are at fever pitch right now. i can't even imagine Trump losing, what his base would do with all of the conspiracy nutjobs out there. and are the liberal SJW's *REALLY* gonna stand for another 4 years of "literally hitler"?

that's the really scary thing.

>>21602459
>"No mommy, I dont want that iPhone. I want to play marbles."

>"We have better things to do than watch Games of Morty. Lets read a book. Or tell me about your day, honey."

>"Fellow coworkers at Boomer Inc., I have remodeled our IT systems to use Linux from now on!"
>*Cheering and celebrating*
>"Boss, its GNU/Linux and..."

>"I dont need the attention from Instagram"
>t. Woman

>"Lets use Bing."

>"Lets go to the local bookstore and ask them to order a book. It will just take a few days and the price will only be 30% higher than on Amazon."

Which of these things is, in your opinion, the most likely to happen first?

>>21602673
If the age of a random stranger on the internet determines your argument, it's shit and not worth listening to

FAGMAN is so strong because it has stocks that appeal to investors of all ages and all walks of life.
It just goes to show how important these companies have become in our lives.
As compared to say, MGM or AMC.

>>21602390
Thanks! I'm bummed out I didn't get to ride Tesla but gains are gains. I even got extra guac on my Chipotle bowl today to celebrate.

Imagine telling your grandkids that you missed out on buying the Greatest Company that Ever Was and Ever Will Be at $1800. Imagine telling your starving kids that you had the opportunity to buy The Greatest Company that Ever Was and Ever Will Be at $1800 but were too scared. People not buying Tesla today are the same as people who didn’t buy Apple in the 90s

>>21602385
Long as I get another free 2400 bucks outta the deal I could care less what's in it.

>>21602776
tesla should be apart of fagman

>>21602385
They don’t hav the votes for 1 trillion on both sides, it won’t pass AT ALL if they don’t cut it in half, market is pricing in 2 trillion its gonna tank when they get less than 1.5 which is most likely what they’ll take.
But hey what do I know stocks only go up lmao /s

>>21602776
Do you roll spreads btw.?

>>21602794
bro its going to split why should anyone buy it at this price lol

>>21602713
Lmao I have a feeling you’re just being sarcastic it’s impossible for kids to be this dumb and complacent right now especially when trump is out next term and the dollar is going to rip face under biden

>>21602713
My god...there's no school to weed out the summerfags this year...

Why is no one talking about this?

Also, why isn't Bili bili dropping to $35 so I can buy it????

>>21602821
It will be, soon after September. S&P 500 inclusion.

Get ready for..

t. FAGMAN

>>21602712
>>"We have better things to do than watch Games of Morty. Lets read a book. Or tell me about your day, honey."
easy

>>21601694
I remain uninterested in WKHS.

>>21602843
You’re buying 5 shares at a discount now, after the split it will pump to $500 or some other dumb price in 2 days.

>>21601679
I regret ever buying corporate bonds

>company fails = they default, you get nothing, just like a stock
>company succeeds = you'd be better off buying the stock

>>21602901
its going to pump 325 dollars in two days?

>>21602839
I close them out at a slight loss as soon if it goes the wrong direction well into the day after I write it. I never eat the full loss.

>>21602890
>People stop consuming retard media
Eh.
But youre right. More probable than someone using Bing at least.

ideas on nvda highs tomorrow?

>>21602884
as a tranny i approve

>>21602945
They will dump even if they have a huge beat

>>21602712
I use Bing for porn, as Balmer intended

>>21602971
in this retard market, probably. too bad ive got a good chunk of shares in the company

>>21602925
At the split Friday it’s safe to assume the price of $2000. On Monday opening it will be $400, suddenly all the Normies FOMO in and it pumps till Friday again. Then we get the next Stimulus Wave in America and Tesla joins S&P500, they drop some hype news about new whatever. It’s not unimaginable to think the price will pump for the next year.

>>21603014
What do you expect?
They had a huge run up.
I fully expect them to dump if they dont have a huge beat because everyone expects a beat.

>>21603053
I hope they dump, I'd buy the dip

>>21603053
I expect them to hit maybe 505-510 and then almost immediately dump to 485 again. As long as i can get out around 495, ill have some good gains.

>>21603053
so you're saying i should short NVDA with all of my money if they don't beat tomorrow?

>>21602920
I was thinking an ETF for diversification.

>>21603117
Same
>>21603123
Yes. Go all in on 420 puts for friday.
You wanna have the porsche 911, no?

>>21602705
>the real question is: how do we avoid a civil war?
Nobody in the country will sacrifice their comfortable lives of consooming and convenience to fight in a war, this is just retarded to imagine. All that will happen is more cancel culture bs online.

>>21603179
maybe if trump wins. but if he loses? republicans are the ones with the guns, remember?

>Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 3.4% in the first 15 days of August compared to the month of July. This brought the mid-month Manheim Used Vehicle Value Index to 163.4, a 15.6% increase from August 2019. If the mid-month value of the Manheim Index holds for the full month, the Index will set a record high for the third consecutive month.


Looks like a V shaped recovery has already happened in the used car markets.

>>21603051
Kek, oh apple will be a going up biggly to post split. And there I'll be awaiting with my green baggie wide open.. Go ahead bring on the 2nd wave of virus cases once fall and winter show up. That just means tech stocks will fly higher on fear just as it happened during spring and summer. Send those babies sky high for me in such short time, hey I'm not gonna complain about getting my baggie stuffed full before end of the year.

>>21603123
what does "beat" tomorrow mean, i mean in the context of the earnings report

>>21602348
Not much juice in TLT you mean, or corporates?
I've been buying TMF on the red days recently, suddenly I'm in the green on it.

>>21603179
>>21602705
>>21603217
fuck off
take your political bullshit elsewhere

The presidential election doesn't determine the direction the market goes in. The only relevant thing about the election is they'll probably replace powell in another 2 years.

>>21603225
Should I sell my stock of 2002 Accords?

>>21603250
It means their earnings per share is better than predicted.

>>21603225
holy shit
how did this come to your attention?

>>21603268
>The presidential election doesn't determine the direction the market goes in.

LOL

>bought 2 shares of TSLA for $500 each in march
will it ever stop pumping? this is crazy. literally shitcoin tier growth

>>21601624
Tesla dip already so can buy some calls

Want to make an NVDA play but don't know which direction it will go?

Why not take advantage of the incoming IV crush with something like a 10% OTM pre-IV crush iron condor? I call this one the "pre-earnings IV priced condor."

>>21603336
fuck off retard boomer
it literally doesn't matter which dottering boomer is appointed king, they're going to be printing money like mad, and can't afford to put in any serious new taxes.

Your mind is broken from too much time being indoctrinated by glowniggers.

>>21603268
>Not much juice in TLT you mean, or corporates?
TLT.
Corporate yield can still drop. But TLT goes up as yields drop. And right now yields are increasing again.

>>21603172
So we should buy an option that gives us the right to sell an NVDA share at $420 on Friday?

>>21603336
https://www.kiplinger.com/article/investing/t043-c008-s003-how-presidential-elections-affect-the-stock-market.html
Buy the dip from boomers that think the election fucking matters beyond just having a result. Ignore /pol/ boomers that think it fucking matters if their team's boomer is in the WH. Both boomers are pro-printing and will keep JPOW (and thus the printers) in the Fed.

>>21602238
>ROCKED
Explain good or bad? I closed my WMT calls when I realized they barely moved up. They ended up cartering shortly after.

>>21603418
Anon.
Do not trade options. Under any circumstance. DO NOT.

>>21603225
Awesome index. What source of information alerted you to this index? I can see used cars being sold by people needing to afford stuff and people buying used cars with their COVID unemployment money, 401k money, and other things though. It's still too early to tell exactly how much of that rise is attributed to the actual recovery of the market versus people just trying to buy "the dip" of cheap used cars flooding the market.

>>21603467
>do not trade options
so how the fuck else could i short nvidia?

>>21601679
Bonds in a market where they consistently gutted and shat on.

>>21603386
Ill probably do one desu

>>21601679
Junk bonds are price fixed by the Fed effectively. The high grade stuff has been scooped up or has absurd premiums. The middle of the road stuff is still a dumpster fire.

>>21601849
no

>>21603497
Trade options only if you understand that you will loose 90% of your money if doesn’t go your way

>>21603473
>>21603309
I just check
https://publish.manheim.com/en/services/consulting/used-vehicle-value-index.html

occasionally, it makes sense since no one wants to use public transit anymore thanks to covid.

>>21603539
what about investment grade corporate?

>>21603508
might as well buy a dividend stock that doesn't grow its yield so you can sell when it gets slashed.

>>21603497
By actually selling it short?

>>21603345
Just hold it for 5 years? I think it would make you quite a buck. Hell, buy more after the split dump. I will, not missing out on that one-in-a-generation company that will just pump, creating hype and memes.

>>21602234
OH SHIT! Just how much do you have in collateral there!? Those look way too close to the stock's price for comfort.

>>21603386

NVDA is going up. Now you know.

>>21601990
QLD is also 2x QQQ.

>>21603589
i'm talking about iShares Broad USD Investment Grade Corporate Bond ETF

we all know the horse has the contract secured, the question remains is where and when in the options chain the mythical "max tendies" call is. what do we think anons?

>>21603462
Walmart themselves said that the stimulus money ran out for the last month of the quarter, they have trumps blessing so if they ran out you can bet target ran out earlier, e-commerce for target is no where near Walmart as they still have supply chain issues and no one is shopping for homes or furniture right now (rich people don’t count)
Realistically they would need a monster beat and huge GUIDANCE RAISE (which will not happen) to get any higher than where they’re currently at
Downside is 125$

>>21603578
>what about investment grade corporate?
That is what I meant by "scooped up or has absurd premiums"
The people who really made out like bandits sold those bonds in March and then scooped up everything they could find. I briefly saw JNJ bonds in March trading at 50% premiums.

what's the "split" I keep hearing about

>>21602794
You sound emotionally invested dangerous game anon. Don't delude yourself, the market doesn't' think logically.

>>21603497
have you heard of actually shortselling instead of whatever robinhood/wallstreetbets scheme youre trying

>>21603606
whats the difference between a put option and "actually selling it short"

>>21603401

I'm voting for Trump.

Will dump all my stocks if he loses the election.

>>21603611
Um. I've lost none in collateral there! And SPY tracks the SPX so it usually doesn't pump or dump more than a few points a day! I'm super comfortable with those strikes for now. I set an upper bound of 3420+ since SPX always sees lots of resistances near ATHs (especially in this current market with lots of people still being skeptical of the market) and lower bound as 334~332 since even if the market has a correction I don't think it will drop more than 40 points in one day without a black swan event like the media suddenly crying doomsday over Trump's brother's death.

>>21603636
I was thinking of LQD, an ETF that has a bunch of them in it. I don't think I'm smart enough to pick an individual one ._.

LQD seems to have had like 5% returns this year, so was thinking that's not much worse than average stock market performance

>>21603639
Tesla and Apple will split their shares at the end of the month. x5 and x4, so if you hold 1 Tesla share you will have 5, but the price gets divided by 5 too. So more poor Normies can put their stimulus check on Tesla that previously was too expensive.
POMP EET

>>21603650
>have you heard of actually shortselling
no i haven't. i always thought shortselling = put option

>>21603704
This is so anti-based and cringe
>>21603689
Short is not as sensitive to IV swings.

Uhhhhhh Bros??
Jim's guest chartist tonight has me worried a bit... dollar may be about to rally, and gold may be about to dump. Naturally this would fuck over stocks, silver, and PM miners...

>>21603575
>I just check
you just regularly visit that page?

Christ all the cheapies are all gone in every asset class...

Which one? Second from the left for me

>>21603689
Selling short means you are borrowing the shares, so brokers will usually charge you a fee to "borrow" those shares. For highly contested stocks with bad float like Kodak, the fees to borrow such stocks were something like 20% or even higher on some days.

A put option is something else, where you pay an amount up front to secure the right to sell at a certain price. Of course this means you only do this for stocks you think are going to drop.

For example, if you bought put options for airlines and cruiselines or Disney in early February predicting COVID will hit America really hard, you made millions. Since this let you sell Disney at say $140 even when the stock price is at $100.

>>21603497
You shouldnt
If you have to ask what a put means you arent ready for this kind of stuff. Though it might provide a learning experience if you get 1 put for 420.

>>21603765
>dollar may be about to rally
What would cause it to rally besides TA memes?

>>21603769
3rd from the right because I think I can convince him to get into stocks so that he may have an even brighter future.

>>21603769
Lmao this who picture is a freakshow

me love shorting
me love borting
me love strangle
mr bojangle

>>21603773
Only a Jewish mind could come up with an idea like that.

>>21603769
first from the left

>>21603769
those are all men
South America is such a beautiful continent, it is absolutely wasted on the people that live there

>>21603765
just a little bump right
we can see stocks and gold go down a little, it isn't the end of the world

>>21603769
ENHANCE!

>>21602055
October before a Presidential election is bobo's month.

>>21603773

>>21603773
thanks this actually clarifies a lot
>>21603780
yep i am definitely not ready to shortsell. i'll stick with my FANGMANT baby first moves

>>21603765
Are you able to buy the dollar dip? Certainly there's no ETF for it, right?

Would that just be buying U.S. bonds? If so, How would one go about it?

>>21603886
>we can see stocks and gold go down a little, it isn't the end of the world
no
I need to make back my losses by trading these reversals with impeccable timing.

>>21603889
lol thanks for the laugh. fuckin a...

>>21603754
Oh god, please educate yourself a little about the absolute basics of the stock market. there is something other than options trading, ya know.

>>21603689
A short does not get burned by IV. Its also a stock-for-stock trade, whereas an option represents 100 shares.

>>21603773
Its also important to note that most options traders do not exercise options. They just sell them back to the market and make money that way.

>>21604002
>I need to make back my losses by trading these reversals with impeccable timing.
that's one of those "/smg/ hall of fame" sentences
if your timing was less than impeccable before, you're just going to have to be patient and make sure not to lose money.
there's no timing what comes next
it's just going to happen; no man knows the hour of his coming, or something like that
and once you start coming, there's no stopping it

>>21604009
just goes to show, you can be an MMA-looking physically fit chad surrounded by chicks in bikinis and still not be able to touch them physically because of your autism

>>21603769
Fourth from left, definitely.

>>21604057
That makes me realize nobody here probably does/did Forex. But that's because Forex is much more intimidating than regular stock market I guess..

>>21603773
The interest on a short sale, even one that is hard to borrow, is negligible compared to theta decay on an especially volatile option. If you expect a moderate decrease in price without a specific timescale in mind shortselling is much safer than buying puts, provided you exit once you've lost past your tolerance.

>>21603634
So you saying it was a good idea to dump my wmt calls in the morning? Walked away with a 50% maybe a bit higher return.

>>21603769
That last one on the right looks in the blue bikini looks like she would suck harder than a vacuum cleaner

>>21604162
If you don't know what you're doing with forex you can get liquidated in minutes. It's definitely not for beginners but it's fun as hell.

should i just give up and buy a share of AAPL and TSLA before the split,

>>21603972
>yep i am definitely not ready to shortsell. i'll stick with my FANGMANT baby first moves
Good. No offense, but I dont wanna see newfags lose money with puts on fucking NVDA lmao
>>21604245
>A share
25 for AAPL if anything

>>21604162
There was that one european guy a few weeks ago? The one that ruined his life because he missed a keystroke.

Anyone got any good monthly divvies? I think seeing my account go up a little more steadily will be good for my mental health.

>>21604321
Forgot my image

>>21601624
Bearish on any company that believes forced inclusivity will be profitable

>>21602234
If my math is right thats about 144000 in collateral...am I right? That's a huge risk for an average return of about 6k anon. Or are you just really rich (eg portoflio is at $5m and its play money)

>>21604321
if you just get like four different stocks that pay staggered quarterly divvies you can get the same thing right
I'm not a math expert though, you might have to figure out the details

>>21604321
You can also write far OTM cash covered puts on stuff like TQQQ and watch it grow that way!

I should just kill myself

>>21603765
>dollar may be about to rally
Based on what? Some long term moving average the dude presumes to act as support? That's the only TA thing I could point to to make a bullish case for the buck here. It just made an important leg down today. Which is bearish. As fuck.

>>21604428
all Banks fill their twitter pages to the brim with shit like this. The main question is, Who are they pandering to? They dont have followers who engage with their posts

>>21604446
No, that's about right
>>21604468
I'm hesitant to trade options, I dont think I'm educated enough on the topic

>>21603889

>>21601777

Fucking checked

I almost bought right at the low (i think it was 340?) I was saying "okay I'll buy if it goes under $300"

feels fucking bad but i am glad elon is killin it. he is /ourguy/

>>21603994
FXE
UDN

>>21604439
It's about $155k in collateral yep.
The return is about $7450 here through midweek, so about 5%. I closed out all of my Monday positions and wrote all of these today. So I'm up maybe 7% total this week so far. I do cut off losses early so taking those into account it'd be something like 6% since I had to cut off some HD spreads that went the wrong way.

>>21603765
Why would the dollar go up?
Its dumping every day.

>>21603750
Imagine believing poor normies who can now buy 2 shares will pump these stocks

>>21604439
He made a fuckton of money on those. Most of them are already max profit before expiration

>>21604773
Oh that's interesting how long have you been doing this? Seems like a neat but spooky strat

>>21604816
The thesis for TSLA is increasingly that someone stupid will have to buy their overvalued shares. Either the S and PooPee or robinzoomers with stimulus checks and no concept of market cap that already don't own TSLA shares

When9 did you realize that we are in a simulation so your best bet is to just YOLO on TSLA ?

>>21604847
Pretty cool aint it. Just scared of doing something like that and getting btfod. Would like to try to but with 5k that doesnt sound like it's going to generate much profits desu

>>21604428
I wanted to do a backtest to see if a list of "socially unjust evil white companies" put out by some socjus investing advisor beat the market or not. But the list was only available as a PDF in text form. Seemed about right.

>>21604587
lol

>>21601849
Then buy puts. Post positions, anon.

>>21604539
It’s how they avoided Occupy Wall St 2.0

>>21604890
Maybe 7 months? I only wrote bearish call credit spreads from February to late March. I got burned heavily on a lot of those trades from massive upswings, so I've had my shares of blown out positions. Can't do much when the market swings up 9% on open (or down 12% on open.)

It's extremely spooky at first AND letting a loss go the full distance (ie. losing the entire collateral instead of exiting with a -20% loss on collateral) will kill your winnings. You have to re-evaluate the strikes you choose (and the tickers) if you find yourself getting blown out more than once a week. People who YOLO SPY weekly spreads or options trying to get a consistent 15% return from that one spread alone will get blown out. It's good to have multiple legs on a single ticker so you can close out a spread here, a spread there, according to how the market is moving (and how it might move.)

>>21604549
no reason you shouldn't read into options ASAP to at least use it to get a "tip" when you want to do a limit sell or limit buy anyways.

e.g. covered calls which basically acts as a limit sell (and gives you "free money" even if it doesn't limit sell)
or cash-covered naked puts which act as a limit buy. Free money even if it does'nt buy, and if it buys, you were planning to enter a longterm position in the stock for cheap anyways

>>21604942
With 5k and options varying like that I'd generate $225 weekly....it really does take money to money. Okay lets assume I go a little further out, say eow and I get an avg return of 7.5% instead of 4.5%, that'd be $375....well guess 5k isnt enkifť

>>21601779
That's why I got an HTC Vive when I messed with VR. Never ever trust Facebook shit. I'm actually surprised they had the audacity to come out and force it.

>>21604539
Goldman Sachs and BlackRock and certain media companies do this beause they want to. I wonder why...? Other companies do it because liberals will buy the product more if they think the company is a bunch of gay libtards as well.

Rail stocks up again! Fuck techies, reeeee.

What's the chance BABA actually gets delisted as the us government continues cold war ii electric boogaloo? When should I take gains?

>>21605146
lets go $CNI

>>21605115
It’s never enkift’

too late to get in on SHOP?

>>21605168
If you have raw calls and don't want to gamble, sell before Aug 20 earnings report.

If you truly believe BABA is the only actual Chinese company that has a place in the American portfolio, then hold.

>>21605146
Any rail stocks to buy up or list of them?

>>21605197
KSU boomer here.

>>21605198
Lol was dozing off and didnt spell enough right

I hope the Republicans make Trump king so are stocks always go up and the poor get stalled raped and made into slaves so that my stocks never go red.

>Internet Explorer is dead as Microsoft kills off 25-year-old browser

https://www.independent.co.uk/life-style/gadgets-and-tech/news/microsoft-internet-explorer-out-of-use-11-edge-a9676176.html

How do I profit off this?

>Finally buy into a falling knife yesterday after watching it for the past week for bottom confirmation
>It starts freefalling again today
>Average down
>It keeps falling
>Average down again
>It keeps falling
>Average down again with the last of my buying power
>It keeps falling
>Don't have much of a cushion left before I get margin called and am forced to liquidate at a massive loss
>Based on how PM has been looking I wouldn't be surprised if it dumped hard enough to happen as early as tomorrow

It's been nice knowing you /smg/

>>21605268
All in on KSU for the long term right now. Consistent profits since the 80's.

Other than that CNI and CP are really good too.

>>21605333
GOOG calls because edge is built on chromium.

>>21605333
checked
Make a business offering to help local businesses and elderly install a new browser and charge them all like 100 bucks.

>>21605323
What do you think spics are?

>>21605348
Which stock? Aston Martin?

You will make it lad

>>21605348
>he bought KTOV on margin

>>21605420

It's WDC, please have mercy on my bags Mr. Bogdanoff

>>21605333
MSFT calls since Microsoft can focus on real profit makers now instead of supporting a dead browser.

It's so hard to decide when to drop my bags bros. I've held 10% in a small cap value and REIT ETFs for like 3 years and it's negative 1% kek. Feels like a loss selling when it's down but I put some capital in tqqq and it's already up bigly

>>21605091
That sounds fair enough, I need to free up some capital first, though. TQQQ seems like a wise buy, as well.

>>21605348
And now you realize that TA isn't real, congratulations!

>>21605502
Negative 1%.. just sell that shit and make a positive 1% play right away. Which can be anything really..

>>21605495
Just hold, data storage is cyclical. All the cloud edge computing CDN meme stocks will need data storage to expand.

Are Boomers painfully realizing that all their hatred of shitcoins was ironic because the stock market has been so divorced from reality starting in 2008 that its basically a big basket of shitcoins?
>forward looking
LOL

>>21601624
What is your opinion on cvac Is it worth holding shares for a quick moon shot

CLSKKK!!!! The stock that keeps on giving, is there a point to even considering selling?

>>21605348
hmmm, this might be a good buy signal in all honesty now that you're getting ready to capitulate.

also this is why risk management is key and why i like day trading. if im still fucked by the end of the day i'll still close out my position and eat the loss. also how much money are we talking about? did you really buy with margin? what an idiot lmao. did they get some bad news or something though what happened?

>>21605348
If it's a well known and profitable company that you believe in= hold.

If it's a penny-stock shitcoin = kys

>>21603750
5-1 split is tempting, but I wonder if it's worth to buy prior to the split without accumulating a decent amount. Currently spread out on other positions so I might just grab some paltry amount (3-5) for the hell of it before the 21st and try grabbing more post-split.

>>21603773
Does that mean your purchase price is only whatever the stock is currently at? If I buy a stock at $140 and a put to sell at $140 and then the stock drops to $100, where does the money come from? Or is it that you're not actually buying the stocks, just the right to sell them at a given point.

>>21605348
I like Warren Buffett's idea on averaging down, "Averaging down is still average and down."

it's time to crash this NASDAQ

>>21605767
Hell no. I've got 500 of them that I will hold for a long time

>>21605597
that has nothing to do with TA, retard. the problem is that he averaged down with margin. it's called risk management. if anything he should have had a stop loss below that level in case it broke and taken the loss, re-assessing the situation if that level broke especially if it broke on volume.

>>21605767
If you're worried about the election dump, maybe. Planning on liquidating most of my positions by the end of October but I might let CLSK ride it out due to its long-term potential. I've been in at $4.70 and it's been nothing but good to me.

>>21605348
>Average down
>margin called
Uhm, anon?

>>21605846
>Or is it that you're not actually buying the stocks, just the right to sell them at a given point.
Its this. When you buy a put you're buying the right, but no the obligation, to purchase (if its a call) or sell (if its a put) a stock at the price listed. The option is worth less when it is not in the money, and as the stock goes down it gains value. When the stock is below the strike of that put, its really going to be gaining a lot of value since now its gaining real actual value. Most options traders just sell the option at this point. Something like 80% of options are never exercised, because many are used like insurance.

>>21605846
The money comes from people selling the put. They will be assigned your $140 shares at the $140 price even when the current market price is $100.

>>21605348
You bought Kodak didn’t you

>>21605898
AAAAAAAAAAAAAHHHHHHHHH

>>21605250
It appears to have hit a short term top for now. I wouldn't buy it yet. If I did buy here I would put a stop loss at $1180.

hey i got these URA contracts. does anyone here know what the delivery assignment risk is? i'm not sure I have enough barrels and hazmats to store this.

>>21605760
>cvac
dont know enough about it...
what makes you think that it'll moon tomorrow

investing.com now has a chat feature on futures, neat

It's time.

Anybody have any thoughts about OSTK?

>>21605755
How are you converting your coins into something that you can pay rent/buy a house with?

>>21606753
Eventually you will be able to convert it to FEDCOIN

>>21606691
WHAT DOES IT ALL MEAN?

>>21606691
Took about a month after GEX peaked in Jan to finally realize in the late Feb crash
Though the flash crash of late 2018 doesn't seem to follow this patterm

Doesn't seem like there's an exact set pattern to be able to guess when a crash will happen.

>>21606691
There doesn't seem to be correlation between high gex and any particular short term price direction. Upper edge gex readings seem to come late stage bull market but a while before the eventual top in most cases.

>>21603231
Not to mention free government money directly to your bank account. Thanks Stimulus money, also whenever they announce a new stim package, or come to agree on a new one, you get another market pump. Covid has been good for me and my family, that's for sure

>>21602159
Wealthsimple is strictly for commission free stocks. It sucks in the aspect that you cannot hold USD in your account, so you gotta pay a 1.5% commission when buying AND selling a US stock. I use Questrade for options and really like their interface. Both WS and QT have mobile apps, but WS is purely an app with no desktop version. I use WS to buy CAD stocks and QT for US ones. When I was looking into IB a lot of reviews said its more for experienced traders and their interface is garbage. Watch some reviews and make your decision, but just keep in mind Questrade requires a $1000 account minimum while there is no minimum for Wealthsimple. I started my journey on Wealthsimple and once I felt that I kind of had a handle of how stocks work, I opened a Questrade account.

>>21602055
Mine as well. Anyone want to take a guess as to how high gold goes before it comes back down?

>>21606473
5 grams of cancer inducing uranium.

>>21606850
>Though the flash crash of late 2018 doesn't seem to follow this patterm
2018 dip doesn't conform to any particular TA as it was an unexpected move the market had not set up for ahead of time. It was all kneejerk reaction to Jerome tightening the belt.

FUTURES BLOOD RED

>>21606657

>>21607114
NASDUMP will never recover from this.

>>21607093
Makes sense. Either way, Spiking GEX and low DIX (heh) looks like a primer. Will be keeping my ears up from now on.

>>21607170
>Either way, Spiking GEX and low DIX (heh) looks like a primer.
Sure. I'd take it as a proceed with caution kinda reading.

It's unironically over for the NASDAQ. Big crash tomorrow

>>21605348
>>21605495
Intel
Cisco
And now Western digital?

Wtf is happening with *real* tech?

>>21607044
Between 7k and 12k usd.

>>21607207

>>21607223
>tfw 33% portfolio in IAU

>>21607223
Gold ever gets that high the dollar has ceased to exist and everyone is pan mining lakes and rivers

Should I sell my NVDA calls at open tomorrow? Scared the IV is gonna crush options tomorrow

>>21605767
I miss out everytime I sell it

>>21607214
intel is a shitshow, they have no idea what they're trying to do.
in tech, everything is forecasted for the next 5 years just based on your roadmaps, and intel has a vague roadmap and has failed on meeting their own targets multiple times. They've also dropped out of the race for bleeding edge semiconductors. AMD gets to reign free for the next 5 years, that's fucking insane.

>>21605789
Osama gives surprisingly good financial advise in these threads

>>21607373
no one knows, it's always a shitty coinflip
like who would have fucking thought that holding intel puts through earnings would have netted you like 20x profits or something against all previous patterns through earnings

>>21607207
this so much

>>21607373
IV crush always happens with earnings

RIOT Blockchain going to pump?

>>21607373
IV crush happens after earnings. Sell before close.

>>21607402
>They've also dropped out of the race for bleeding edge semiconductors. AMD gets to reign free for the next 5 years, that's fucking insane.
This is really weird. I haven't been paying attention to the Intel/AMD competition for years.

Am I gonna make it?

I know this is smg but i don't want to ask this on the main page because there are too many retards. What coins should I get into for a very beginner level crypto portfolio? I'm thinking Bitcoin, eth and link.

>>21603225
The price increase is almost certainly driven by pickup trucks. Car prices are actually down, and used pickup process are nearly double.

>>21605636
I just moved it away anon. Should've put that 30k into tech years ago.

Anons, thoughts on nuclear stocks?

what the heckies stop pumping

>>21607572
replace link with XRP and dogecoin and you're set

>>21607355
>the dollar has ceased to exist
It stopped existing in 1971, senpai. My real target is undefined.

>>21607609
>Anons, thoughts on nuclear stocks?
Yeah they getting hot and might see an explosive rally soon.

>>21607570

No. Not enough to buy 2.1 Bitcoin.

>>21607555
intel delayed 7nm, they are so behind now that even if they got 7nm, it'll be equivalent to TSM's 7nm now (used to be that intel's transistor density was ahead of TSM back) when TSM is already on volume production with 5 nm and on their way to lower.

samsung is skipping a node size to get to 3 nm and they will be FUCKED. They're having serious issues with yield on higher node sizes and they somehow think it's a good idea to skip a node size. The only reason samsung is still alive is because they're being supported by korea, but their foundries are shit and they must be burning so much cash trying to keep them alive (undercutting TSM a lot just so Nvidia will buy samsung, and really the bigger reason why nvidia even bought samsung is because TSM's capacity is fully booked already). Also the recent qualcomm news with samsung basically seals their fate but the general market doesn't even realize that TSM is going to be a monster.
By 2023, TSM is easily a $150-$200 price target once we get news of Samsung falling further behind.

China not a worry right now, they might catch up to Intel at best but not TSM because they're cockblocked from getting EUVL equipment for the foreseeable future.

>>21607598
You should dollar cost average it in.

>>21603225
Credit Acceptance Corporation (CACC) refuses to die. I remember reading *before the pandemic* about how Americans can't afford their cars, 80-month car loans, people rolling negative equity into new loans, etc. Now with more work-from-home and higher unemployment there should be less demand for cars.

https://en.wikipedia.org/wiki/Credit_Acceptance

>>21607754
Do you and other gold anons really think the dollar is meaningless? Do you not think that the US has produced more value and innovation in its economy than it has in 1971 and that is what gives the dollar meaning?

>>21605091
Lets say I own a stock, I sell its call with a strike above the market price, what happens?

t. Own stocks but want to make more money

>>21607903
Exact same scenario as going to google.com and typing Google in the search bar: It explodes

>>21605495
>WDC

Hope you didn’t buy it cause it was shilled here.

I bought it 2 weeks ago and sold it after a few days at a loss. Thank fuck I did otherwise I would be in a massive pickle.

>>21607752
Oh yea, of course gotta have some doge

Palladium is working its way around to buy zone here. Note quite yet but soon maybe.

>>21607572

GBTC

>>21607890
>Do you not think that the US has produced more value and innovation in its economy than it has in 1971?
No.

>>21607903
You receive the premium in exchange for selling your stock to someone else at the strike price, should it reach that strike or higher before expiration. If the stock goes down or crabs you get the premium. If not you miss out on extra gains.

>>21607598
Nah it's fine. I just moved 5% of my portfolio since I kept the REIT.

Lowest volume since Dec last year

Clack.

The TSLA fandom is a sign that we need to run for the hills

>>21607903
well, did the price go higher or lower? higher than strike you don't have a stock anymore, lower than strike you keep the option fee.

options are degenerate however. please lose all your money.

>>21607890
The FIAT dollar is an abstraction backed only by the government saying "trust me bro" while they print billions, hoping that people stay interested long enough till they can start moving to a full cashless economy. Then you'll feel like a boomer about the dollar same way boomers are about gold, when the USD becomes a state owned cryptocurrency.

>>21607214
so glad i got out of WDC last week. i made a crumb of profit and "up is up" and all but im still considering it a bad trade and a loss on my part. close one

>>21607903
If it closes below (strike price+ premium) then you win. You get to keep the total premium paid (premium price x 100). If it is above (strike price+ premium) at expiration, you get to buy someone 100 shares of the stock, and since it's above the strike + premium, you get to buy the stock for them at that high price, but they only pay the strike price, so you lose money bills dollarinos. But if you already own 100 shares (selling-aka writing- a covered call), you can just give them to them, which is still shitty, but less shitty, especially if price is way up. You can also "buy close" your call you wrote at any time.

>>21608099
So if I believe that the stock aint moving much my best choice is to sell a call and get the premiums on it?

>>21607570
4.69% annualized is ~20.12% ntb desu

whether you'll beat the market tho...

>>21608131
for what security or market?

Daily reminder there are so many awesome ways to get either consistent or explosive returns!

I prefer a more consistent gain but I do want to have some explosive returns from time to time. Super sad I missed out on Tesla but I'll just keep writing spreads until I'm super confident on something mooning. Good night!

>>21602821
It’s part of FAGTMAAN

>>21603225
Car companies are extending their 3 year leases into 5 year leases to decrease the supply of used inventory thus keeping prices high.

>>21608183
S&P

>>21607766
ETFs the best strategy here?

NEW
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>>21608179
Yeah I was getting BTFO early but slowly recovered.

>>21608228
Is that Target Tori's mom?

>>21608174
>>21608152
>>21608099

Thanks guys

>>21608175
Yes. Keep in mind that if the stock goes above the strike, your gains have been capped, as you will not get any more gains past that strike point.

>>21608148
>people like it
>people are investing in it
>people are thinking of investing in it in the future
>that's bad!!

post puts

>>21608175
Yes.

>>21607833
I was shocked I just sold my used truck after 2 years of use and 30k miles for break even.

Moved closer to work so I can walk, now I just throw it into random meme stocks

>>21608067
When did you buy it at? Bought my former WDC shares at like 36. I didnt care enough to hold long term as I have picks im more interested in. Was expecting it to recover quickly but sold it off for the aforementioned reason. Small gain but is now apparent I dodged a loss.

>>21608642
Just checked and I bought and sold at $37. Was really complementing whether to hold long term. Thank god I didnt