/biz/ - Business & Finance

Palantir
https://www.youtube.com/watch?v=FePHnxmupCw&t=217
https://www.youtube.com/watch?v=yajquwpNaLA
https://www.youtube.com/watch?v=wBLCS46OkYo

I’ll be monitoring this thread for quality control.

how does TSM manage to stay eternal crab?

>$72k networth
>can't seem to escape the $70k range
>breach into $80k but keep getting btfo'd and thrown back to 70k range
>such as buying apple prior to split, reach 80k, hold it through the dump, sell for measly gains

What the heck how do I escape the 70k range!!! Not downwards, upwards!

>>22625543
Leaps. I wish I would have got into them earlier. GME, TAK, and SAVA all had really good premiums on their long term options.

>>22625543
you'd be 30%-50% up within the last 2 weeks if you had done DD into GME
where the fuck have you been? We've been talking about GME since end of August

>>22625526
Sir yes sir. I will ensure all my posts are of high quality, and more: helpful to the community in reaching their financial goals. That is my Smg Pledge

>>22625541
because the age of silicon semiconductors is almost over.

>>22625645
TSM's roadmap includes 2nm

>>22625637
This post is off topic, you’ve been warned..

>reading all these articles about the new oligarch of the US
>and articles about how the Fed keeps buttfucking the middle class
NGL I might get hard thinking about how hard I want to keep shorting the middle class. I bought more AMZN today.

Is GME a fucking meme or is it real

Cohen and Burry have already 2x their money, seems like they're probably looking for a slow exit

I don't want to get BTFO by another biz meme

>>22625671
This post is also off topic and is not /biz/ related, you've also been warned.

>>22625609
How would I know it is a good deal though, in general?

>>22625627
Im not about to go all in and soemthing gies wrong and I lose it all. Now I'm curious if any other anon's are in with more than $10k on GME.

i am financially rectally prolapsed

>>22625689
how hard is it do verify the DD yourself
how hard is it to look at GME's cash flow and balance sheet
how hard is it to look at the positive catalysts and Cohen hype
how hard is it to look at the >100% short interest

You have started selling covered calls, right?

>>22625637
loser

>>22625526
no

>>22625645
It has barely begun fool.

>>22625677
>amazon
>down about 16% since about 2 weeks ago

I don't trust that stock. Looks like it could fall hard. Sorta like BRK.A dumping 100k i n early 2020

>>22625753
enjoy your ban

>>22625689
GME only going up because short squeeze @_@ almost everyone agree
If you believe in short squeeze then it not meme it legit tactic

Other wise >_> it prob meme

>>22625714
at least your cat has a nice suit

>>22625698
Based

>>22625734
>how hard is it do verify the DD yourself
I have, but there are mixed things. I mean just look at blockbuster, and brick and mortar stores in general are tanking. A slight blip during console releases does not equal a win.

>how hard is it to look at GME's cash flow and balance sheet
Like the fact they are selling off assetts to stay afloat? Yes I have seen that.

>how hard is it to look at the positive catalysts and Cohen hype
Priced in at this point

>how hard is it to look at the >100% short interest
How does a bunch of bears who will likely do anything to take the stock help the case? lol

I'm just saying at ~9.50 it looks like not such a good deal. if you got in back at 6 or 7 its fine to hold and set a stop loss.

>>22625689
It's both. Everyone who is balls deep is basically banking on the short squeeze although with next gen consoles it's actually a solid pick short term.
>>22625705
Well the whole point of leaps is picking a company that has a solid balance sheet and a good debt/equity ratio. The long distance calls give you time to reach your strike price and time to get the fuck out if you pick wrong, unlike weeklys.

>>22625830
I see. Opinion on doing them at this time considering the market's recent behavior?

how long should i lurk before i ever post itt again

>>22625514
Look man I'm sure it'll work out but I'm just not ready to invest in the future oppression of US citizens.

>>22625705
>Now I'm curious if any other anon's are in with more than $10k on GME.
oh hey i just barely made your cut-off, but im a student just playing with part-time wages

>>22625847
at least a month, but feel free to bobo and mumu post because that's just mindless fun

When you make low quality posts you risk compromising the integrity of this board. I’m not against having a laugh here and there but when you actively go out of your way to derail a conversation and hurl racist remarks at other anons for no reason then you deserve what you get. I’ve always championed range banning repeat offenders but the mods claim this is a bit too extreme. Needless to say I disagree with their sentiment.

>>22625863
The bannings will continue until morale improves.

>>22625771
Yes, but it both destroys middle class retail AND destroys middle class wages. Amazon is so good.
And I am gigashort on the middle class.
>>22625830
Leaps are for leverage. Because if you choose them right they should move with the underlying. You just multiply your gains by having "more shares" per cost.
It is an attempt to "average out" vola. Weeklys are meant to play on vola.

>>22625875
ALLL ABOARD!!

>>22625875
X_X yeah banning people that will help improve morally

>>22625847
just lurk for a while and spend the time making memes

>>22625843
I'm doing them right now but most of my leaps are based on biopharma or meme stocks. I'm not afraid of losing money if I'm wrong though. It's not a get rich quick scheme, but it's faster than sitting on boomer stocks. If you are worried about the markets future you probably shouldn't be to heavy in the market anyway and just buy bonds until everything settles. Maybe PMs too.

Trying to learn options

What are some cheap plays?

>>22625863
I'm going to have to warn you again, please stop making low quality off-topic posts. You are disrupting the discussion in this thread.
If you continue, I may have to get the mods involved, although I am reluctant to do that.

>>22625920
Your mother has sex with farm animals.

>>22625891
That's why I opted for leaps on GME rather than owning the shares themselves. I would rather lose $1000 in leaps than be holding $5-10k in bags.

>>22625930
That's it, I'm sorry that I may have to report you and this post.
However, I cannot confirm that I have been reported as that would be a breach of a 4chan rule, which we must take very seriously.

>>22625948
Did you know that announcing a report is against the rules?

>>22625959
Yes, and I have not announced a report.
I may or may not have announced a report.

>tfw unironically bet against america

>>22625959

Are you poor?

>>22625959
pretty sure he's just mocking the retard who was actually serious

>>22625918
Learning options that way not very good
<_<

Successful stock and commodity traders of /biz/, what are your general trading rules for shorting & bear markets? When a stock is looking like it's about to start dropping, or is dropping, what do you like to do with it if you're not holding it?
>>22625920
You're a no-life niggerfaggot bitch with a keyboard.

AAH! AAH! OOOOOAAAAAHHHHHH AAAAAAAAAAAAAA THE STOCK MARKET IS PLUMMETING AND I SAW MY PORTFOLIO DOWN -50% IT MADE ME FAART SO HAAARD!! OHHH OH OH OH WAIT OH NO OH GOD NO OH GOD FUCK NO THAT WAS NOT A FAAART, I HAVE DIARRRRRRHEAAAA! OHHHHH I'M GOING TO... I'M GOING TO... I-I-I'M GOING T-TO FOOOOOOOOOOOOOOOOOOOOOOOOOOOKING SHHHHHHHHIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIITTT! I'M SHIIIIIIIIIITING ALL OVER THE PLACE!!! OH NO MY PANTS OH FUUUUUUUUUUCK I'M GOING TO SHIT ALL OVER THE FLOOOOOOOOOOOOOOOOOOOOOOOOOOOR! THE DIARRHEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEAAA IS HOT AND IT TRICKLES DOWN MY LEG IN A WET STREEEEEEEEEEEEAAAAAAAAAAAAAAAAAMMMMMMMM OOOOOOOOOOOOOOOOOOOOHHHHHH FFFFFFFFFFFFFFFFFFUUUUUUUUUUUUUUUUUUUUUUUUUUUCCCCCCCCCCCCCCCCCCCCCCKKKKKKKKKKKKKKKKKKKKKKK MY POOR ANUS IS SPEWING DIAAAAAAAAAAAAAAARRRRRRRRHHHHHHHHHHHEEEEEEEEEEEEEEAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA MAKE IT STOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOP MY POOR $10,000 GUCCI ARMANI PANTS ARE RUINED I'VE SHIT ALL MY $10,000 PAAAAAAAAAAAAANTS AND MY ANGRY GURGLING ASSHOLE WON'T STOP VIOLENTLY SPEWING HOT BROWN DIAAAAAAAAAAARRRRRRRRRHHHHHHHHHHHHHEEEEEEEEEEAAAAAAAAAAAA!!

>>22625705
>>22625856
Im about 3k on GME. Selling covered calls. Sold $14 calls for next Friday for $0.20 each.

>>22625976
redeem yourself by betting on gamestop

>>22625918
First: Dont do options
Second: If you have to do options, then research covered calls.

>>22626010
are you going to keep writing them weekly? how do you know you won't fuck up and write them the week a squeeze or even just a big spike might happen?

>>22626031
Who cares if they get executed? At $14, I made 100% + options premiums from however many weeks I sold them. Theta will be so high at $14, if GME is not +10% on Monday it will basically lose all its value.

Well cheers to great week!
Me has so much fun spamming AAAAAAAAAAAAA and swing trades great made tons money


This first week in long time that trading was legit thrilling
Am of hope next week just as good !!

Good night SMG see you next weekies!!!

>>22625918
That is not how you want to learn options. "Cheap plays" are buying deep OTM calls/puts but those are basically lottery tickets that will lose you money unless you have inside knowledge of the ticker in question.

>>22626104
are you doing covered calls for all your shares or just part of it?
You're not betting on a short squeeze at all?

I mean yeah if we just have a constant massive burn, then you're going to enjoy riding the wave up while collecting premiums. That's a tiny bit more cash you gain, but what if an abrupt squeeze does happen along the way? We're talking like at least +400% across a few days

>>22625993
Gotta operate in a very tight range. Know your resistances and technicals, when itll most likely bounce, etc. Buy the bounce target get in get out for 3-5% gain. Sell the tips with the same methodology. At the same time consolidate and pick up shares in companies you trust long term in order to build up a portfolio to do covered calls in the future

I bought at the top and kept buying diips

What do

>>22626172
Na guarantee your selling at the top nor that it goes all the way to 400%

I just want to take a moment and express my unwavering fealty to the moderators and janitors of /biz/. The hours you put in around here and the lengths you go to keep this place clean and enjoyable for everyone doesn’t go unnoticed. G-d bless you and I hope you continue moderating for many years to come.

>>22626247
Baghold. If it was meme tickers, you'll shorten your lifespan with worry. If it was based on your own DD, than you will worry only every once in awhile.

>>22626104
>expecting any stock to go up 10% over the weekend when markets are closed

>>22626247
Sell covered calls at your break even point.

>>22626280
He sold calls hes expecting it not to go 10% you illiterate fuck

>>22626172
Or I just sell ridiculously high covered calls and guarantee being green and not worry about "missing the top."

>>22626235
Extremely sound advice, I'll keep it in mind next time I'm looking at a prospective drop to keep an eye on it as much as possible.
>>22626247
Quit buying dips, and post stock ITT.

>>22626261
if a short squeeze gets triggered, it's going to be pretty damn obvious it's the squeeze with massive volumes and at least +100% at some point which will be followed by more liquidations the next day.

I'm not saying a squeeze is guaranteed at all, but isn't that what baited us into GME in the first place? The fact that it's also a reasonable long play is just a bonus so that we come out of it with profits even without a squeeze.

if dubs the market will turn and bull run again

>>22626351
Yeah hes 14 for him is 100%, a bird in the hand is worth 2 in the bush

>>22626280
>reading?
classic /smg/

>>22626379

>>22626351
no im all in for the console release im expecting no squeeze probably like 17$ on november 11th

Threadly reminder to direct ALL meta discussion pertaining to this general and the person who has been derailing OPs to this /qa/ post. Please stop feeding the trolls and derailing the thread with metadiscussion about an unimportant person.

>>>>/qa/3478639

How do i invest for the coming civil war?

>>22626407
there are like 8 retarded consistent posters, just hide their id from thread to thread. mods and jannies dont do shit. they did ban kpop tranny poster but he's already back so it must've been a short one.

>>22626431
>account already suspended

>>22626431
Bro this is America, we dont have the attention span for that. Nor does anybody like risk or real change. It's fun to scream about though, nothing ever changes for real and were stuck in an eternal cycle of gridlock that the media make seem is a struggle for our existence

>>22626431
Long ammo 9mm already 3x could possibly 10x

>>22626407
If you really want to fix /biz/ start banning all the idiotic crypto spam threads and then have actually stock generals for discussing events and earnings of sectors or companies, or the state of the economy in a particular supply chain or country, and normal bitcoin/etherium/other coin generals.
Thats how you fix /biz/

>>22626475
Yeah two generals, normal coins and shit coins. Clean the rest off of the board for finance and econ discussions

>>22626431
SWBI and RGR, record gun sales this year and its only getting higher.
SWBI on a big dip, this is your chance to get in before it goes back to 20's again.

apple back to $130 by thanksgiving?

>>22626504
I think it is better to buy physical ammo
In that case
Scalpers here are selling 1000 rounds of the cheapest 9mm for 550 insane prices but their is always someone who is willing to pay for that

>>22626453
Prices are fucked

RBG dying is insanely bullish

Wish the market would crash. That sweet QE....I swear I'm going to sell my house, borrow everything I got and buy calls with borrowed money in TQQQ the next incoming crash.

>>22625496
I can’t wait for the wild swings during election season it is going to be fun
I am only hoping it kills crabs so it can be fun

Is the tech crash over yet?

Amazon isn't even considered tech, it's consumer cyclical, and it fucking tanked super hard.

Amazon doesn't deserve that.

>>22626570
In the short term any chaos or uncertainty is negative. But in the long term probably a more friendly corporate ruling environment. Not that it matters I mean corporations have won against citizens in every case since the 1900s

>>22626594
>Is the tech crash over yet?
no

>Amazon isn't even considered tech
what is AWS?

>>22626577
fuck me I hate crabbing that's my whole portfolio the last 3 months except medical cannabis that shit crashed hard.

>>22626594
I could see the market bounce on monday trade flat till wednesday then slowly fall to SPY 325

>>22626620
>what is AWS?
NSA mass-surveillance infrastructure masquerading as DUH CLOWD.

>>22626549
>physical goods
Only if you are buying for yourself. Selling physical objects are a fucking pain, shit goes wrong all the time and its easy to get fucked and you have to track all the taxes yourself.
Just think: You buy a pallet of ammo. You need to ship it to y our place, store it for some time, then wait, find a buyer, pay to ship it, and then hope they don't complain or refund, then remember to record the transaction for taxes.

>>22626594
Its not a crash, its a down cycle. Typical market cycle.

>>22626655
AWS has like an 80% market share of internet services (mostly s3). Amazon now makes more money from AWS than their online store.

imagine being a cry baby tattle tale who goes to qa to ask for someone to ban someone 10 times a day instead of 5

>>22626594
A website that serves tens of millions of people and fulfills hundreds of millions of orders is tech
The biggest cloud computing service in the world is also tech

>>22626792
websites are not tech

the person who invented websites is tech like in the 90s

Is anyone buying FROG it looks like it about to gap up?

>>22626829
Yeah extremely solid company that's been cutting costs every year with a great customer base. Would buy shares to go long on for sure

>>22626804
Did people know how to build systems that serve as much traffic as Amazon back then?

>>22626903
ya

>>22625496
Uhhh how long is tech crashing guys

>>22626921
Nope

>>22626939
ya

>>22626926
Not crashing, tech (QQQ) hadn't stabilized at a price level since it was at 255/260 back in July. Went up too fast to quickly

>>22626892
Thanks anon, seriously considering it.

>>22626945
Retard

>>22626976
Yeah they service like 75% of fortune 100 companies. System updates/devops is one of the two fields I'm very interested in tech infrastructure, especially with how quickly tech is increasing in pace being able to keep software agile will become more important.

>>22625863
GIANT FLOPPY BENIS MARKET

>>22626991
ever heard of google
far more traffic than amazon

>>22627026
I kneel

>>22626535
If I was so sure of that Id be all in on Apple. Of course i have no faith in them so i am not in them.

>>22627075
Fair value AAPL is like 99

What do you think of this guy?

>>22627123
Anybody that needs to make money teaching others to trade isn't a good trader cause they could've made more money trading.

i tried buying the apple dip earlier then i sold today at -1% am i gonna make it?

>tfw still holding NVIDIA

Bros....

>>22627018
Yeah when you look at the latest trading pattern, it looks like it's either gonna gap up or down, I'm banking on up though.

>>22627109
Lol considering their equivalent value before the run up is about $96 your guess looks pretty realistic.

>>22627153
I bought dips of 115, 112, 109

Gonna off myself soon

>>22627157
>TSM
Crabbing might come to end with a huge dump (assuming they're in Taiwan)

>>22627175
if apple goes down enough cohen might yolo all in to gme

>>22627167
Theres debate to be had whether this whole run up has inflated values across the board but yeah pre run up and new product release.

>>22627159
I'd rather it gap down to pick up more

>>22627157
NVDA is literally the future bro. The new RTX 3000 series is going break sales records. I'm buying more.

>>22627244
On the bigger picture the ARM deal is amazing and will change the entire landscape.

https://m.tiktok.com/v/6873976264391200006.html?_d=secCgsIARCbDRgBIAIoARI%2BCjwHKu9l8wTOdrKPKvSXLHKlvHyKoRX7bL83z2nWhzGVe34l2GQD8E%2FxFbZdnTxLivKftzhbzxARkTcKRWQaAA%3D%3D&language=en&preview_pb=0&sec_user_id=MS4wLjABAAAAwvcsLypDWfm-it57fQWGPb5we5JSeuojv37HZLJK4cvz3WrkZT7oY3AfaskL9jfH&share_item_id=6873976264391200006&share_link_id=4820595F-C526-4C5E-8249-30E924A9AA22&timestamp=1600493577&tt_from=sms&u_code=d959cmlb64a9ii&user_id=6754864622295958533&utm_campaign=client_share&utm_medium=ios&utm_source=sms

>>22627175
it never stops dipping... I think at this rate it will be a buy under $100

>>22627285
Just DCA and accumulate 100 shares then sell covered calls every week above your break even point >>22627285

Goodnight anons. I have done what I can do to regulate this general from attentionfagging and normies. Please keep the /qa/ thread bumped as I rest, I am a literal tranny and need my beauty sleep. Notice we are on target for actual productive conversation again. Please DO NOT reply to this post and keep meta discussion here
>>>>>>>/qa/3478639

>>22627145
He could be doing it cause he wants to. contrary to popular belief just sitting around at home all day been rich is boring as fuck.
Was unemployed but had enough money to do nothing for a couple of years but went to a dark place in my head from just sitting around.

If I ever make it I'm buying a hobbie farm and a couple cnc machines

>>22627283
people really care that much about her?

Anon, you're investing in my SPACs right?

>>22627283
>im upset
>but not because someone who I respect in the fight for gender equality died
>im mad cuz that old bag died before I think she she should and its really inconvenient for me
>republicans hate human beings, but im so progressive
>but also seriously ugh so mad that meatbag who only existed for serving my personal goals died


thisbitch.jpg

>>22627330
It's not about her, it's about what she represents. Trump is going to appoint ted cruz in her place

>>22625543
Same here but 300k. I just wanna break 500 before I die. It hurts bros

>>22625645
>because the age of silicon semiconductors is almost over.
This. People are gonna get tired of phones and computers and shit eventually

Guys my covered calls didn't get executed. I'm pretty sure that's like winning the fucking lottery. Also I'm scared.

Please let funny meme line (nasdaq) keep going down. I think it’s clear at this point new stimulus isn’t happening now that the political death struggle has been taken to a new level

>>22625976

I bet against America bying exiting all my US positions and moving them to Europe like two month's ago. Doing fantastic.

>>22627363
List?

>>22627407
Just realized that this will likely be the case. The democrats are likely gonna double down on the stimulus fight and try to blame republicans over it. Glad im mainly cash.

>>22627326
22k in 1 hour! Shouts a scam 90% of discord groups are usually wastes of money as someone draws arbitrary lines on a graph. Just research strats that work for your risk tolerance and capital levels and learn by doing. I also guarantee you theres rich people out there that also do things that they enjoy not sitting in the fucking dark like you were.

NFLX is the only stock I'm shorting

>>22627371
Anna Barret not Cruz hes already been quoted saying shes gonna replace rbg

>>22627371
tell that to the 1000 faggots crying over her pictures on tiktok

>>22627397
Thats what is supposed to happen. You are selling lotto tickets, not buying.

>>22627412
FVAC, IPOB, IPOC, and IPOD-F when they get listed.

>>22627378
Just join theta gang

>>22626594

the consumer cyclical part of Amazon is not worth PE 120. people are banking on Amazon making buck with big data.

>>22625736
>You have started selling covered calls, right?
Just had 7 expire today. Opened 3 for October. Literally free money. If the market keeps dropping I'll just roll down for more free gains and use those dollars to buy the dip
>>22625993
>Successful stock and commodity traders of /biz/, what are your general trading rules for shorting & bear markets?
I sell covered calls until the bear is confirmed by SPY dipping below the 200 day moving average at which point I sell and start selling puts. When we get back over the 200 I get back in with even more shares from the premium I made selling the puts and sell more calls.

>he bought

I healthily bought the dip, enough so that i have my leveraged tech in a good spot should the bullrun randomly continue. I will be keeping the rest of my cash on hand and wait for the actual crash now. Might meme around with some sqqq but im honestly more interested in the newest crop of ess em gee meme picks. I want more CLF WKHS and especially GME.

>>22627487
Yeah but it was a WKHS, at $23, expiring today. Somebody opted not to execute despite being up $1900.

elon musk is going to use neuralink to breed monkeys and pigs as slave labor and proto-astronauts

How many body parts must I let RKG cut off and eat in exchange for a liter of her piss?

Also, I might have enough bandwidth left for movie night!! What are we watching?

>>22627495
>Just join theta gang
based. I'm there it's just my underlying won't cooperate and moon correctly. The covered calls are helping a lot though

>>22627546
The only thing that acts more retarded than a Bear is a Bull who's deep in the green.

>>22627546
Oh lol. Its been executed fool. This your first time selling options? Options that at $0.01 or more in the money are always executed. Also, thats good. Fucking get the fuck away from WKHS.

>html5 supercomputer infotainment center
nikola is fucking worthless lmao

Is it worth playing stocks it I get autism bucks?

I only have like 50 bucks a month extra every month

>>22627546
might take until monday to transfer

>>22627450
Pulled myself out of that shitty dark hole years ago. Your right about the scam though but for some people more is just never enough and how many NEETs on here think just sitting around is the dream.

we're all gonna make it

>>22627618
You should probably focus on: saving an emergency fund (6mo-1yr expenses), paying off high interest debt, then investing every dollar you can into assets like stocks. If you're not experienced I'd say DCA into SPY and QYLD at a ratio that fits your risk tolerance.

>>22627608
First time having a call run ITM. My account is still showing the underlying though. Broker glitch?

>>22627618
youre allowed to work on autism bucks up to 1000 a month

Speaking of theta gang, why the fuck doesnt FNGU have options yet? it would be the perfect trading vehicle if it did. Is this the jews fault?

>>22627495
This
Best decision I've ever made

>>22627644
I can respect that. Everybody's initial goal should eb to make enough money or passive income so you no longer have to take orders from someone else and are a slave to a paycheck. But it's important to know what you plan to do with that time

I wanna buy NKLA puts but holy fuck the IV is insane for it. Almost want to convert from a cash account to margin and sell call spreads.

Also, SWBI might go up but they're actually capped on growth right now as they can't manufacture fast enough and they don't want to expand because the demand will probably die out after the next inauguration. I'm probably going to go into Vista or some ammo stock.

>>22627662
Options exercise on Saturday I think if left to expiry

>>22627618
Donate plasma. You get about 300 a month. Buy TQQQ with fractional shares with the proceeds

>>22627668
It's a ETN I think and those have weird rules. But I wouldn't suggest holding that long term just for the risk of beta slippage. Definitely a great choice for when you have large enough dips and dont want to risk options or anything or in a low vol environment.

>>22627696
Sell call credit spreads or buy put debit spreads.

>>22627667
I just hope the Feds/State govt doesn't come down on my ass for trying it. They owe me 7000 in back owed autism bux so I worry they'll cut me off. Not exactly in a good place since I could go homeless without it.

>>22627699
Sadly not an option since my body is extremely weak and blood transfusion is like a death sentence to me. I can't really donate anymore.

How far is AAPL going to dump and what will it rebound to once their new phones finally fucking come out?

>>22627662
Its not a glitch, its just not shown on your account. Usually the transaction will show up the next day, but depends on the broker. After hours doesn't matter, only the closing number btw. If you want to keep gambling and also sell covered calls, GME might be a good bet for you.

hey faggots i got banned form wallstreetbets for one reason or another is there like a standard forum for me to post my gains on or is this like ... i forgot what i was typing about but i'm drunk as fuck lol?

>>22627479
>Anna Barret
Amy. This is her:
https://en.wikipedia.org/wiki/Amy_Coney_Barrett

>>22627781
why even post shit when poor redditors won't see my successes?

>>22627781
You'd have to be a stupid faggot to even get banned from WSB.

>>22627765
102, 120.

SHLL & WKSH

>>22627814
pretty good estimate. i see it kissing 100 and settling around 115 on no news, 105 bad news, 135 good news

>>22627813
i made too much money also i linked to r/winkerpack
^they'd hate you for joining that sub cause they're a bunch of super-secret money-makers that definitely aren't super-salty faggots that made money

>>22627765
imagine october coming and they update that they don't plan to release new phones until q4 2021

>>22627840
i'm drunk as fuck but basically waht i'm trying to say is fuck reddit

>>22627772
I already pinched some shekels from that bag.

>>22627765
Hopefully it goes down to $80 so I can buy more and lower my average.

It has a buy rate and a $135 target price so we'll be fine by Xmas

JOIN R/WINKERPACK FOR LULZ LOL

>>22627840
Are you that legend that make 800k off gme

>>22627728
If I switch to a margin account I definitely will.

>>22627884
definitely not but you should join r/winkerpack to find out how to also i'm definitely not too drunk to be posting anything at alll

r/winkerpack has all the answers to your problems

>>22626964
Sooo we’re back on track?

all i'm gonna say is my entire portfolio was green the day the rug was pulled and motherfucker's got SO salty because of that
sponsored by r/winkerpack

>>22627881
so fucking based dear lord

>>22627952
There will be a bounce this week probably monday then flat till Wednesday then retest low 260s if it breaks then down to 255

>Sell Puts on companies you want to go long with
>Get paid to buy at good prices
Is there a comfier strategy?

>>22627937
why are faggots shilling a reddit sub on /biz/ ?

>>22628002
Evolve it into the wheel strategy

>>22627781
>>22627799
>>22627840
>>22627856
>>22627881
>>22627897
>>22627937
>>22627962
>>22627989
Reddit was right to ban you fucking retard.

>>22628005
He got banned from it apparently

>>22628020
doesn't mean i didn't predict the future

>>22627851
nah, they already have something cooked up its just delayred

>>22625543
Dude just put it into wkhs

>>22627450
>Just research strats that work for your risk tolerance and capital levels and learn by doing.
This. If I stuck with my own ideas rather than taking various ideas from here I'd likely be up bigly. Would likely be at 90k net worth rather than 70k approx. Cant even try my strategy at the moment as due to market upheaval.

>I also guarantee you theres rich people out there that also do things that they enjoy not sitting in the fucking dark like you were.
Also this. If I was rich id be doing stuff ive wanted to do (a lot of stuff involving exploring the wilderness of sleect areas in the world at a relaxed pace cause no wagecuckery) but end up not doing because of my thought process being
>"Anon no slacking off, you need to work on financially maming it!"
And not having the money to actually pull that off long term.

>>22627460
Lol was doing put credit spreads on them a few weeks back. Gtfo when i saw them with that pedo agenda. Was afraid i was gonna lose my money that day.

>>22627378
Im the guy you replied to, >>22625543. How long did it take you to reach 300k? Would be at 90k if i played this smarter and did my own strategy from the get go rather than relying on other anons strategies cause of low confidence in mine.
>Tfw if I did my strategy all out when I finally did it a little bit Id be up to 96k and that includes staying 33% cash....

>>22627495
Ehhh the return is no where near high enough and wouldve cucked me many times in my strategy.

Just to see though what kinda of theta gains would you realistically be able to make with 70k?

>>22628005
>faggots
brazen of you to assume it's more than just me
join r/winkerpack! because they don't want you to

>>22628024
I DID GET BANNED FROM IT! EVIDENETALLY!!

god i'm so drunk and as reparations i'll tell you all that this is the bottom

>>22628056
>How long did it take you to reach 300k?
Shamefully half of it was accumulated with crypto so not very relevant strategy-wise to stocks. The other half was just going long in leveraged ETFs in April. FWIW in the long term I think TQQQ can get you where you want to be though things are dicey right now

>>22628056
Realistically no clue the wheel strategy with covered calls is always a good one. But from a back of the envelope calculation if you bought 100 shares of fucking tesla you could sell a call 15% out of the money (500 strike) for $2,100 every week which is like a 5% return on the week which isnt that bad.

>>22628096
translation for moneylets: tech calls at open will fuggin print

>>22628114
>half of it was accumulated with crypto
How? crypto seems worse than a slot machine

>>22628140
we closed red on a friday

that usually means more dumping is going to happen

dont listen to this drunk retard

>>22628153
>>dont listen to this drunk retard
that's what they said the last time i got drunk
if you think something means something, it means the opposite. sorry to break it to you.

>>22628153
Nah we bounced of the low of the day pretty well I can see QQQ opening and climbing to 270 at some point. The question would definitely be if it bounces off of it back down or breaks through up

>>22628175
RBG just FUCKING DIED LMFAO
this is great for the markets

>>22628052
Is horse getting the contract or what? I’ve made money off them. I’m the proud owner of 20 shares.

>>22628153

we're closing red every friday it doesn't mean anything.

>>22628198
idk but if I were you I'd slap on a cheap put hedge just in case things went south so you can protect your shares.

>>22628143
Right after the bubble popped in 2017/2018 the volatility and volume in the entire market was just insane. Almost anything would dip 80% then moon 500% in a few minutes time. I wrote a python script that scanned the whole market on cryptopia, hitbtc, and bittrex looking for those huge high volume drops and I'd go all in. Started with 10k and within 3 months I was up to 100k. It slowed down a little bit but I was still able to get enough trades to slowly get up to about 500k. Then cryptopia exit scammed and I lost 80k. Then bitcoin took the big November 2019 crap down to 3k and I started pulling out. Got away with about 250k and put 150k in stocks. I still have a couple of bitcoins and the python script evolved into a full fledged bot that makes steady money but nothing like the good old days.

>>22625541
Its gonna do a bart

>>22628114
>crypto
I would've made a lot on crypto but got cucked hard by coinbase. Was gonna throw like 10k or 20k at BTC when it was like $2.5k EXCEPT they froze my money to some extent for months. Claiming they couldnt verify after already claiming to have verified me. If I sold at 10k Id have made anywhere from 40k to 80k. Next time was Chainlink. Tried coinbase again but years later to get chainlink.....got fundsus blocked again and got the heck put asap. By the time my other account on a different website was set up chainlink was $4 so decided to wait....only for it to keep pumping. Intended to dump only 2k (the majority into stocks). That 2k would be 10k now....

>FWIW in the long term I think TQQQ can get you where you want to be though things are dicey right now
Oh yeah but far to risky for me atm. Was more so interest in SOXL but alas to go all in on SOXL would mean only owning about 300 shares at prices its only seen very briefly prior to covid creatong a pyschological barrier for the majority.

>>22628135
>But from a back of the envelope calculation if you bought 100 shares of fucking tesla you could sell a call 15% out of the money (500 strike) for $2,100 every week which is like a 5% return on the week which isnt that bad.
>tfw i couldve gotten 200 shares when it dumped and have been making $3k weekly....

>>22628281
In that situation your calls probably would've gotten blown the fuck out by it's insane jumps. But the good thing is you also get the profit from the shares being called away. It forces you to buy low sell high

Should I go all in on GME?

>>22628310
Risky but am considering it myself. If it short squeezes to $50. I could turn $70k worth of gme shares into $360k if it squeezes to $50. Alternatively 1.1m dollars if it goes to $50 and i went all in on options.

>>22628310
I dont recommend it though. It's very high risk should nothing happen and it tanks.

>>22628233
damn. good job anon i would protect that capital now.

>>22628364
>>22628310

>Going all in on game stop

Anon......

See me after class

>>22628310
>Should I go all in on blockbuster?

>>22628364
I'll likely buy call options on it Monday. My guess is the next catalyst is the next earnings report.

Couple hundred dollars, for now. Progress further on dips.

I’m losing more money on unleveraged ETFs than I make on my shitty job. Fucking hell

>>22628410
it doesn't matter what the market does because Gamestop can physically, mathematically ONLY go up

just admit you're late to the trade

>>22628419
enjoy missing out on an easy 5x

>>22625496
All I had to do was buy stocks over the years but I was raised by poor parents and didnt know anything

Gta 5 going crazy. Buying stocks. Went up 400% since then. Everyone is using photoshop super popular. Buy stocks straight to the moon. Everyone is using iPhone and going crazy. Buy stocks straight to the moon. Jeff bezos is becoming a mega millionaire everyone using amazon. Buy stocks goes up 600%. Everyone using an iPhone they release laptops watches music. Buy that stocks go straight up. Microsoft released Xbox everyone uses windows huge ass platform. Buy that stocks go way the fuck up. Google is fucking everywhere buys YouTube owns the internet goes way the fuck up.

All I had to do was put like 50s in there couple hundred over the years here and there keep adding more to it and all of it would of just shot up to the moon with no doubt and no risk.

Now those companies run everything and profits and revenue are flatlining and everything is the same. I missed the chance and now I lost too many years of my life I have to gamble everything and now the market is fucked because of corona unemployment those companies running the world inflation people going broke no money to spend

WHY WAS I NEVER FUCKING TAUGHT

>>22628404
Thanks. Still at it. It's funny I never used stop losses in crypto but with stocks I've found they are a must. We'll all make it

Remember, there are no such things as downtrends, just keep scrolling out until you see the up trend

Is /smg/ majority swing traders or day traders?

>>22628856
/smg/ is everything and nothing. But mostly retarded with a few rare gems.
Sell covered calls.

>>22628592
Lol wut

Are you saying that it is mathematically proven that a dying company will only increase in value? Whatever. Good for you. I don’t give a fuck.

You couldn’t pay me to buy it.

>>22628873
Buy good stocks and hold them forever.

>>22628880
Yes, and sell covered calls on them.

Interesting....at my workplace....saw tons of Space X crates....didn't hear that from me though ;).

>>22628874
unironically yes, the fact that you're instantly dismissive is why the short interest is over 100% with a 53% borrow rate, have fucking fun with that lmao

>>22628928
that tells us nothing becauee we don't know where you work and SpaceX isn't publicly traded

>>22626400
I hate this person

>>22628979
30 or so crates, Space X logo. Brief glimpse said something "casting". Elon's up to something...

>>22629043
wow that's really interesting
shutup nigger

>>22629043
well yeah Starship Day is in October and SN8 is being dressed up for presentation, and possibly 20km hop before it

>>22629070
Shorts/Puts on Musk?

>>22626247
You buy dips in an uptrend, you don't just buy when it's red and going down.

>>22628873
I see so this place is pretty unreliable then? Very new to this and I want to learn shit about the stock market as much as possible before stepping into the simulators.

>>22628913

good way of missing the pumps and underperforming passive investors.

>>22628959
The fact that you say it’s mathematically impossible for it to go down is why I immediately dismiss you.

I am right to do so. If you would have said it’s improbable or highly unlikely to fall I would have paid more attention to you.

>>22629139
enjoy missing out on free gains retard

there are more shorts outstanding than there is free float available to cover them, gamestop is already in an infinity squeeze

>>22629074
Space X better have their shit together. They better not fuck up. They have great potential and they better not ruin it by blundering at this stage

I'm baggie. Fuck you all

Also I want to say thank you for your service... Ruth was the only jew to ever be in the court.

To die on Jewish new year kinda makesnmencreamnkybpants

>>22629172
So this is what bagholder extradonaire looks like. I found ur bitcoin video funny.

>>22629127
>falling for memes
I'm really tired of hearing retards talk about things they don't understand.
>OH NO I MADE A PROFIT? WTF!!!!
Stop being a greedy fuck.

Would investing in airlines make sense right now? Eventually they have to recover.

>friends invite me to party
>"calls on <insert beer company>"
>friend complains about food at <company™>
>"puts on <company™>"

why did you do this to me, /biz/?

Anyone know how viable poor man covered calls are? I've written options before but I've never done this strategy; kinda want something with potentially more leverage right now.

Just bought GME as my first stock, looking forward to the ride.

>>22629406
let me warn you, airlines will eventually dilute their stocks to pay debts, the market may get euphoric about them for a while, but in the long term there are many better options (banks, oil)

>>22629419
Did the same thing this morning. Bought $1000 worth of shares at 9.1 then said screw it and bought another $1500 at 9.4. We're going to make it, fren.

>>22629406
No, but in clown economics yes you’ll turn up a profit.

Unlike me, Amazon is literally making no money and no progress and has no use in quarantine, which is why I’m losing a fucking fortune every day in it.

>>22629362

The market is crabbety crab for 99% of the time, if you miss the best days of gains because you dabble with covered calls then you will underperform. It's just how it is.

>>22629440
One of the biggest airlines over here in sweden is selling at $0.6, do you think it could be worth it?

>>22629495

Amazon is a good company but their evaluation is extremly high. You need a good deal of imagination and willingness to drag out the growth curve to end of 2022 to justify it.

I own Amazon, I believe in the company, but to say it's "clown market" that they are going down, is pushing it. There's a strong bear case when multiples are this high.

>>22629495
Amazon is doing amazing, 30% of the web runs on AWS (and that shit can cost a lot), it's just that they have 15 years of exponential growth priced in

>>22629528

SAS is bleeding money and will emit new shares mutiple times before they have recovered. Your investment now will be worthless later due to share dilution even if SAS recover. Same thing goes for NAS.
Airlines is shit even in good times, now it's even worse than shit.

>>22629440
Do you have any recommendations for said banks and oil?

>>22629550

Not really, but two years growth yes.

>>22629342
Sauce

>>22629528
look how long it took for airlines to recover from 2008. They are usually the last. I'm not saying they won't recover, I'm saying, consider the cost of opportunity.

>>22629517
No you dont miss anything. What the fuck are you even talking about? Maybe fucking learn something before parroting what some retard told you.
>Buy a stock at $20
>Sell covered calls for $.50 at $22
>Stock goes up to 21.50
>calls expire worthless
or
>Stock goes up 22.50
>buy back to even
or
>Stock goes up to 23.00
>sell at 10% profit + premium
or
>stock goes down
>call expires worthless
then
>do it again next week
>adjust strike based on previous weeks performance and possible events

Its really not hard to understand. You are just another retard that wants to make fast money on 100% moon shots and heard some other idiot say "but muh limited upside on covered calls!"
Stop.
Being.
Stupid.
And.
Greedy.
Fuckface.

>>22629074
Look like Daleks

>>22629607

you miss the big pumps and that's why you will underperform, your examples are cases of crabbety crab. yesterday one of my holds went up 11%, week before one of my holds pumped 16% in two days. If I had sold covered calls on these stocks I would be fucked and I would have underperform passive investors for years guaranteed on these positions.

this is what always ends up happening and thats why covered calls are shit, your holds will at some point just randomly pump for no reason and you will get left behind.

>>22629419
>buying the top
classic /biz/

>>22629666
>muh stocks pump 10-20% all the time!
No they dont you fucking stupid idiot. You are literally looking at garbage stocks that randomly pump and dump and taking it as the norm. I guess you IQ is too low to actually do math and calculate how the fuck options work. Fuck off puss for brain.

Also how bad is the housing situation in the whole u.s. nyc housing seems extremely unaffordable.

>>22629607
covered calls aren't free money.

There was a study with S&P500 showing that if you miss the top 5 days of the year, you under-perform by something like 20% (e.g. if the index grows 9%, you grow 7.2%). If you miss the top 10 days you under-perform by 50%! This is what covered calls will get you, missing the best days, does the premium make up for it? I really don't know, I doubt it.

If oil stocks went up would airline stocks go down?
But if airline stocks go up so does oil. Is this correct?

>>22629754
There was also a study on how monkeys also beat fund managers. Do you have monkeys picking your stocks too?

>>22629728
no need for this kind of language

>>22629775

>>22629775
that's because they put monkeys to buy/sell only stocks when hedge fund managers often sell stocks to buy worthless garbage.

last night i put all my savings, $50k, into vanguard VFIAX

was it the wrong idea? should i have tried to time the market slightly

>>22629775

fund managers are bad, that's why you go index funds to complement your individual stock picks.

>>22629728

I dont buy garbage stocks my picks that pumped this much are sound and I will hold them til 2024. You have no idea what I hold.

One of these stocks crabbed / were slightly red for the first two weeks I held it, then it pumped 16% in two days. No predicting this, no fundamentals changed. It was great when it crabbed and it is great now.

The point is this is how stocks behave, they crab crab crab and then they pump hard. You can't predict these pumps and you will underperform if you sell covered calls when they happen.

Further political instability. Holding sqqq over the weekend was a good idea

selling covered calls is retarded

just buy and hold. open lines of credit on your stocks and use less credit than you get from dividends to buy more during dips.

>>22625496
All I had to do was buy stocks over the years but I was raised by poor parents and didnt know anything

Gta 5 going crazy. Buying stocks. Went up 400% since then. Everyone is using photoshop super popular. Buy stocks straight to the moon. Everyone is using iPhone and going crazy. Buy stocks straight to the moon. Jeff bezos is becoming a mega millionaire everyone using amazon. Buy stocks goes up 600%. Everyone using an iPhone they release laptops watches music. Buy that stocks go straight up. Microsoft released Xbox everyone uses windows huge ass platform. Buy that stocks go way the fuck up. Google is fucking everywhere buys YouTube owns the internet goes way the fuck up.

All I had to do was put like 50s in there couple hundred over the years here and there keep adding more to it and all of it would of just shot up to the moon with no doubt and no risk.

Now those companies run everything and profits and revenue are flatlining and everything is the same. I missed the chance and now I lost too many years of my life I have to gamble everything and now the market is fucked because of corona unemployment those companies running the world inflation people going broke no money to spend

WHY WAS I NEVER FUCKING TAUGHT

>>22629940
stop coping. cope is how you stay poor.

look for new opportunities. palantir is going public next wednesday. unity went public yesterday.

>>22629940
Don’t worry anon you still have decades left. There will be new techs to invest in.

>>22625863
Imagine being the nigger that weote this

Ready to go all in Palantir.

>>22629984
I’m killing myself soon

Gonna leverage the shit out of EV stocks next week. Tesla will make them rocket even though they have nothing to do with them

>>22630039
invest in GME

>>22630134
$2 eoy

>>22630027
4 days left, brother

>>22630027
i can't wait to invest into the only tech company that matters too.

WHY DOES PALANTIR BURN SO MUCH CASH

WHY IPO NOW AND NOT 5 YEARS AGO WHEN THEY WERE SUPAHOT

I NEED THESE QUESTIONS ANSWERED

>>22630478
making profit is stupid cuz it gets taxed. they're focused on revenue growth and increasing their quality through extensive r&d.

Line go down bad on monday, wont it?

>>22630532
ONE MORE Q

IN THIS AGE OF EXPONENTIAL GROWTH IN TECH AND EXPONENTIAL DECLINE IN ITS COST

DOES PALANTIR TRULY FILL A NICHE THAT NO OTHER COMPANY CAN?

WHAT ABOUT IN 5 YEARS?

>>22627330
No. Literally nobody even knew who she was or cared tiil CNN told them to cry for her. you're witnessing NPC programming in real time.

If you have to pay 30% tax on withdrawals/selling stocks how much does a stock need to increase in value for you to profit?

>>22630346
If you're not putting all of your money into this man I don't know what to tell you

>>22630567
yeah, ICE uses them to track down illegals and deport them. palantir's data integration is that good.

>>22630620
you should only be paying taxes on profits
so any amount of profit is positive, it's just less positive than the untaxed case

>>22630642
Thanks fren

>>22630620
any profit is profit.
> you buy a stock at $100 to establish cost basis.
> you sell stock at $101.
> $101-$100 = $1 profit.
> 30% of $1 is taxed.
> you pay 30 cents for taxes and keep 70 cents as profit.

>>22630555
I sure hope so, i'll feel less foolish for only finally selling my tech last week

>>22627371
>It's not about her, it's about what she represents. Trump is going to appoint ted cruz in her place


Oh boo hoo! Maybe if she actually retired her position at a healthy age so the baton could be passed down to someone new under Obama we wouldn't have this issue. Too bad she was a selfish cunt who decided to keep her golden goose tax payer siphoning job with her crypt keeper hands until she faxed into dust. Her fault for being selfish. Her fault for being arrogant.Yoy know what I expect someone over the average life expectancy to be doing? Relaxing, not working, and definitely not in a position of power. Fuckers can't have their cake and eat it too. Did they think she was immortal or something?

>>22630620
what those anons said
>>22630642
>>22630662

also, try to find out if you have a "tax allowance". in my country its 800 shekels per year of profit that wont get taxed

new thread

>>22630770
>>22630770
>>22630770

>>22630770
>>22630770
>>22630770

>>22630770
>>22630770
>>22630770

>>22630770
>>22630770
>>22630770