/biz/ - Business & Finance

Oil bros...

FUCK YOU ALL

How do I invest like Macho Man Randy Savage? I want my stocks to rise to the top. Cream of the crop.

It's crashing tomorrow and friday btw

>>49910707
Well, Conagra makes Slim Jims.

>>49910715
Please have a feminine penis

it's over.

the normies actually think that the recession already happened.

we know better; the real recession is coming soon.

I want some drunk redneck to plow his F-150 into a storage tank at Cushing. To see black gold refill the Ogallala.

>>49910697
this is embarrassing as fuck.

>>49910697
Is this clown still trying to blame the oil companies for our current prices instead of all the sanctions and virtue signaling he threw at Russia and their oil?

How have you guys made peace with the fact that you've been priced out of ever owning a home?

>>49910715
Why?

>>49908881
Did that chick really make 45 million from only fans? What would messages entail?

>>49910742
imagine not having a boomer from whom you stand to inherit

>>49910740
>oil companies
He's seemingly now blaming the literal gas stations.

Greg has seen the light, global food shortages are coming.

>>49910742
>buy SIGA now for $12
>sell in a year for $400
>buy house at peak of recession

...

>>49910734
Uh oh economic recovery retards

>>49910761
What's the term for racism against Indians? Indophobia?

>>49910697

Biden is probably the fakes motherfucker in a long time. At least with Trump he'd say shit that makes the markets go up simply on the basis of optimism. All Joe does is bitch and whine and rattle like a senile dementia patient

I'm about to get margin called. oil chads where do it all go wrong

>>49910784
Colonialism

>>49910742
Are there really people posting here who don’t own at least one home?

someone please tell biden to stop his stupid economic war with russia, and to focus on the collapsing economy! i want my stocks to go up again... come on man!

>>49910803
N o i don't think so

>mid 2020
>tfw neet but had some savings
>get into swing trading
>make tons of gains by mid 2021
>get too cocky
>tfw blew up two different margin accounts since then
>tfw 0 money to my name and 15k in debt

Ok just do I just got a job at amazon, plus I am planning to get a 2nd full time job. Ill earn about 30k in 6 months but I can start swing trading as soon I get 2k in my account.

did I miss out on the dip or will things be shit for a while???
Im already kicking myself over each 50%+ gains like NIO

>>49910803
It is either my portfolio or a house, I am not getting a loan.

>>49910747
Tomorrow is just normal market selling, Friday is the celestial apocalypse
see the shizo posting:
>>49910553
>>49910199
>>49910048

>>49910794
Still voting Biden!

UH OH SNEED BROS THE MARKET IS GONNA TRADE FLAT TOMORROW

>>49910831

didn't ask

>>49910715
pics like this are my inspiration to cut. I'm so fucking mad, I was down to my lowest weight in a long time, got injured and sad, INSTANTLY put on 10 more pounds. I'm at least a year away from being able to cosplay some yaoi gacha stuff and getting plowed at cons. Fuck my life.

>>49910859
Nigga u gay af

>>49910859
remember twink, once you are 30, you are done

>>49910821
>swing trading
>2021
All you had to to do was to hold anything with a shitty P/E ratio and zero new cashflow vectors and you would be up 300%.

This is the culling of retail exuberance.

Tired of the sad absolute state of the Jewish trickery stock market? Want to find the golden gems that seem to burst with gains in the middle of a recession? Look no further gents, REVVVVVLON and BOXXXXD are HERE to SQUEEZE for the next 2 days and YOU brother can get in on the gainstrain to gainsville. Just make sure to do it in PM tomorrow before the train leaves the station. Choo-choo choo-choo choo-choo choo-choo

>>49910697
I thought it was Russians fault for gas prices?

>>49910859
This isn't /fit/ bro

>>49910043
Sure, if you anchor your expectation on where the stock is heading when this is all over on their overvalued prices at the top. There are so many companies whose stock doubled, tripled or quadrupled in value during the pandemic for no reason whatsoever other than people just throwing their money at the market. Look at Nvidia. That was a 60USD stock just before the pandemic started. There isn't anything that happened with that company that justified its 800billion USD market cap at the end of 2021 before it went down. At its pre-Covid trajectory it looked liked it could be a 100USD stock in 2022. You see the exact same pattern with the broader market, just everything climbing itself into a frenzy with no consideration for the underlying value of the company, pricing in growth decades out. Compared to the growth we've seen in stocks in the last two years, during a fucking global pandemic, it looks like the rest of the market had been trading flat the previous 20 years. That's concerning to look at. Sure, if your time horizon is long enough then this shit is probably not going to matter to you. But people really don't understand what that time horizon can look like. It took the DOW 25 years to reach pre-crash values so people that bought in somewhere at the top and didn't sell had to have a time horizon of 25+ years. Who the fuck wants to baghold for 25 years? I'm young enough that I'd be only in my 50s by then but what about the people in their 50s right now? I doubt this is going to be a great depression level event but what happened in the last two years also looks atypical enough that I wouldn't just expect the markets to recover with a bullrun that pushes us above previous heights.

Do any of you guys like to shave your legs and to wear programmer socks? I’ve started doing this recently. It’s nice.

>>49910884
yes, but I have about 5 years if I commit to getting fit and then plowed. I can do it. Just can't strain my back anymore.
>>49910906
Terrible tattoos, terrible jawline/Adams apple hiding anglefrauding, too much forearm muscle

>>49910910
>wall street silver

>>49910803
>>49910803
>Are there really people posting here who don’t own at least one home?
I do, but I wish I didn't. Housing market is gonna get ugly.

>>49910940
fag

>>49910940
Just say you bought siga,faggot

i've run out of meal ideas and no amount of gains can fix it

>>49910909
>It took the DOW 25 years to reach pre-crash values
*during the great depression.

futures pumping watch yourselves.

what moves are ya making for the coming recession and multiyear inflation?

I'm going a bit into PMs as a start.

Guys what happened to the futures, why are they green?

>>49910970
Whatcha got?

Based asians pumping my oil

>I invested in faggots assfucking each other so hard they get chimp AIDS

I'm buying an electric car soon. No longer shall I contribute to the profits of oilchuds

>>49910940
I used to in '18 when the meme was still fresh
>>49911008
Which one?

>>49910853
Oh my god I love her

>>49910660
SIGA!!!!!

>>49910711
This is true, demand level at the marginal buyer can decline in a recession and push prices down temporarily, but it's still less flexible than you'd think.

>>49910815
>Hedging how, exactly?
Futures contracts..
https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.quotes.html
I wouldn't be surprised if the recent futures weakness is partially due to hedging. Mexico for example is known for putting on massive annual hedges.

>>49911008
Get a butt plug while you're at it, fag.

what did the CEO of SOXL do this time..

What are my chances of spy being 460 by eom?

>>49910999
i'm tired of all food. after 36 years on this earth i've eaten everything that tastes good way too many times. there is nothing left to experience until they start inventing new foods. everything is boring.

>>49910742
If I could leave my area I could afford any house, but I'm too rooted here. Also any reason to buy DRV when you could just short the DJI real estate futures?

>called that the sp500 would crash in feb 2022 back in september 2021
>knew growth would get shafted
>knew crypto would get raped
>didnt start shorting until june 2
>got a few +55% days in with a very small portion of portfolio, because too much of a pussy
>called copper shitting the bed, people laughed at me
>didnt short, because scared and people said I was crazy
I think I know what's coming, but I'm still too much of a pussy to put my money where my mouth is.

Fuck me.

>>49911058
start taking mushrooms and experiment with more flavors.

>>49910859
Wtf is this gay shit

big day tomorrow and also Powell speaking again, so must probably another clown day

kek. baggies.

>>49911057
0(zero)

>>49910707
Ohhh yea!

>>49910797
Reminder if you're a chad longing oil, you are fighting the Fed. You're in the fight club in the basement of the Eccles building. And Jerome has beaten the shit out of many people.

Don't get caught out.

>>49911107
>powell testifies
The fuck is he gonna testify?

*taps mic*
https://www.youtube.com/watch?v=Q3dvbM6Pias

>>49911031
I'm looking at a kia sorento
>>49911048
I'd only ever buy one if I wanna remember what it feels like to get fucked by big oil

>>49911138
Testify these nuts

The market should close the gap up from Tuesday tomorrow then completely do a U-turn and rip upwards through Friday into Monday. This is the bull case. The bear case is you buy puts till the 200 week moving average.

>>49910803
With my DRV I own negative 1 or 2 homes. I am less than homeless.

>>49911107
>crude oil inventories
I don't think the EIA is releasing their report.
Haven't seen any updates
https://www.zerohedge.com/energy/wti-extends-losses-after-surprise-crude-gasoline-builds

>>49911058
I'm making crispy pork belly with a Szechuan ponzu, sweet potato puree and a radish salad with a scallion vinaigrette.
Delicious!

>>49911087
Ugg, I’m down 70k on my copper stocks. EROs getting slaughtered though it’s trading with a pe of 3.
I don’t know man, QQQ being down 30% it’s hard to keep shorting. Every post on here and Reddit are people hoping for a crash. I feel there’s a LOT of cash on the sidelines as everyone thinks this is their personal 2009.

>>49911092
i usually never eat food on drugs. i will try that, thank you

>>49911190
take a picture god damnit

>>49910660
Sauce on this webm

>>49911106
L*m poster and SOXL_shill on suicide watch lmao

>>49910910
Everybody blames Trump and biden but nobody blames JPOW. His Jewish puppet masters are laughing at us all

>>49911219
I got it from this thread

>>49911087
thoughts on Jun 29th, recession confirmed?

>>49911219
Gotcha senpai
https://youtu.be/UrEUzKTt7j0

>>49911209
You're welcome. Shrooms would definitely expand your palette in weird ways. Probably have to microdose it though. I think people throw up if they eat while tripping balls on them.

>>49911183
Based! Man, there is a leveraged ETF for everything.

>>49911166
>buying a new car
utter retard lol

>>49911230
My man, how many people do you think know what the Federal Reserve is?

>>49911087
Anon, think about how easily this could have been another
>every SINGLE FUCKING TIME I go long/short DA JOOOOOS DO THE OPPOSITE SONOVABITCH WHAT THE FUCKLSDJKSAJDKSALJDSA
At least you didn't have actual losses, just theoretical "missed out" ones.

>>49911087
Thanks for the free money faggot

WHAT THE FUCK WAS THAT (FUTURES)

Thoughts on MO and 10% drop

I think inflation is going to moderate. We'll see some demand destruction from these raises.

>>49910960
I LOVE CREAMY COCK SALAD'S WITH MAYO BRO. SIGA GANG GANG

>>49911263
Sorry, I'm not a poorfag

>>49911274
Me and about 2 of my friends(you are one of them ^_^)

>>49911203
>QQQ being down 30% it’s hard to keep shorting
Yea.
Headfakes are what's scaring me. Sat on 120x short earlier sweating bullets from any uptick.
Although, I do think that there's at least one more legdown, but I don't think it will start before july 10th.

>>49911107
What site is that?

>>49911311
heh.. take that bobo!

FUTURES GREEN

GREEN DAY CONFIRMED

FUCK YOU ITS MY BIRTHDAY

WE ARE GOING BLOOD GREEN

>>49911209
Have you tried Thit Kho? (Vietnamese braised pork belly and eggs)
Shit's bomb
>>49911087
Dis nigga gunna miss out on the ass ripping drop because he's a little baby.

>>49911183
Shorting real estate had a good entry point today.

>>49911339
https://www.investing.com/economic-calendar/

>>49910697
Demand destruction orchestrated from the top.

>>49911333
Holy shit checked.

>>49911230
blaming jpow for the current economy is retarded, every CB in the world had to prevent a Covid liquidity crisis and QE was all part of that. If a Republican was in office right now gas would be high $3 national average and he would've acted sooner on emergency production of baby formula

>>49911058
There's always new food to try.
Ever had nagaimo pizza?

>>49911319
I keep telling divvy Boomers: total returns matter, not yield. And at the end of the day you're betting on a company.

And they still buy MO. Or T. Or KO. Like they're fuckin' savings accounts or something.

>>49911343
Lui-senpai...

>>49911343
Yes because futures have been an excellent indicator of how things will go this year, Im already clenching my anus

>>49911323
I feel like this started out as a joke and now you are literally addicted to both the idea and to posting comics of shit covered people.

>>49910707
*BLOCKS YOUR PATH

>>49911332
I have high 8 figures, it's you that's the poorfag bud ;)

>>49911106
to be fair you could pull up pretty much any t*ch stock at this point and it would look like that

>>49911416
Poast balance

>>49911347
i dont love vietnamese style food but i do love quang tran

>>49911383
never heard of it, and google doesn't bring up results either. are you trying to trick me

How do I profit from this?

>>49910970
making baklava to have a piece in the morning with coffee. bierocks because i have a bunch of cabbage and they are delicious and freeze well.

>>49911289
>At least you didn't have actual losses, just theoretical "missed out" ones.
I suppose so, but it could've been lifechanging for me if I had bet larger.

>>49911182
I would eat that bug ngl

>>49911434
illegal for me to do under a previous agreement, you're free to cope and seethe

>>49911386
Fair assessment

>>49911338
I hope so, my plans to throw a million into 3x etf’s if it gets ugly enough. I just don’t count on being that lucky. Hence why I wonder how many people are smart bears or are just hopeful bears like me.

>>49911444
>baklava
good idea. i've never made it myself. will see if i can pull it off.

>>49911444
based anon
I was kinda supposed to lose weight this summer but with whats going on with my family I doubt I will manage it. Might as well cultivate my baking ability.

>>49911416
lol no one's buying what you're selling

>>49911257
Thank you

>>49911379
You're the reason why bankers are able to rob us blind

>>49910794
Oh but Biden does say shit that makes the oil markets go up, like:
>I’m canceling the Keystone pipeline
Or
>were going 100% green energy as soon as possible
And then oil executives react accordingly and Biden then realizes the consequences of his actions. The fucking Republicans are about to outlaw abortion, and the Democrats are still expected to get BTFO in November because of how poorly they’ve been performing managing the economy

>>49911441
i own FCX... I'm very upside down in it

>>49911435
>never heard of it
You're not gonna find it on the english net.

>futures
Bobros, why are we getting btfo so badly?

>>49911465
>-$15 trillion
Jesus fucking christ aren't we at the goddamn bottom yet?? What's the fucking point

>>49911479
Hilary was also expected to become President. Don't get cocky until after election day and make sure you vote.

>>49911333
checked have any of you niggers read the creature from jekyll island?

>>49911441
Wtf is with Mattel

>>49911517
everyone remembered that the senate is full of idiots and can't trick jp into saying something stupid

>>49911470
>>49911472
its simple. just time consuming and the pastry can piss you off getting the sheets apart. worth it though

I’m so sick of the maskies and the vaxxies

>>49911528
Not yet and neither have you

>>49910697
Anyone still pretending Joe is a moderate is a retard
Obama at his worst didn't even regulate the energy sector when he was pressured to let alone say dumb shit like this

>>49911379
There are people out there who actually believe this?
Fuck, life isn’t binary. There is a place between no Quantitative Easing and 20% inflation Quantitative Easing. Fed fucked up.

>>49911465
Good luck to ya.
My research tell me to be watchful of relief rallies in and after november. Take that for what it's worth though, probably not much.

>>49911455
All these introverted, virginal qt's probably read manga, play vidya and have iq's above 120. You could have a best friends gf.

>>49910697
If you watched his speech, the numbers on the sign in the background starts ticking down. Was so fucking prhetic and theatrical- you cant but feel how fucked and not in control he is.

>>49911058
For me it's the hamburger. Taken from the Hamburg steak, but needed a way to make it portable because white men are always moving and working. It's protein, carbs and veggies all in one package perfectly sized for one hand so we can continue colonizing and advancing.

>>49911044
checked.

Waiting for a dip to buy more but I'm afraid it will never come.

I bought revlon puts.. it won't pump another day right? 300% in a week is enough right? By all means it's down from here right?

Jews

>>49911333
You might like the book Trillion Dollar Triage. It's not a difficult read and it explains the Fed and what has happened without being "alarmist". It's written by a WSJ guy, so it's a bit "toe the line" but it's overall a good summary of what the Fed is and it's history up until basically today.

>>49911600
>its another episode of anon finds out about IV crush

>>49911600
A good sign of a top is if it's trending on Reddit or Stocktwits

>>49911592
Keep this damn satanic kot away from my burger!

>>49911454
you could've just not replied you lying fag lmfao

>>49911465
>total stock and bond returns
There’s your problem, bonds only went up until recently. That graph could easily double this drawdown before we are done

>>49911613
>>49911528
Going to be an absolute nigger and make some impulse buys on these books

>>49911616
What's that?

>>49910779
“But thats a good thing, here is why”

>Early life- no need to look

>>49911379
>and he would've acted sooner on emergency production of baby formula
If we're being honest the only solution is quit being gay and let imports of Euro formula, which is banned because Abbott doesn't want competition

>>49910697
This man is going to pump my oil bags so much

>>49911648
How high will rates get?

>>49911668
when you buy a contract with the volatility is high, volatility is part of the value of your option. when the hype for whatever even happened dies down, so does the volatility, thus making your contract worth less even if the price doesn't move much. its a risk you take when buying puts at the top of a meme stock pump

>>49911577
My targets to put half into TQQQ if the Nasdaq hits -49%, and to start DCA if the SP500 hits -35%. Anything less and I’ll be a pussy and play it safe in VOO. Reassess if the fed turns doveish.

>>49911058
Just try some bat soup. I hear it's to die for.

>>49911465
You know TQQQ can technically go to $0 right?

>>49910906
if u like that ur a sick fuck pos

>>49911677
I think there’s a limit to how much even retard Joe can pump oil prices , or maybe Joe is 100% long oil and gas but that’s a 1% chance

>>49911680
that depends on how quickly they notice black unemployment going up

>>49910779
>>49911671
Call me antisemitic, but I'm starting to think these jews don't have our best interests in mind.

>>49911696
It can't. SOXL technically can but TQQQ is impossible.

>>49911706
The fed only looks at minority employment

>>49911677
Why would no federal gas tax raise oil prices?

>>49911087
Thats why you were right- as soon as you do something the opposite will happen lol

>>49911696
Why my plan is 500k in TQQQ, 500k in UPRO, 500K TNA. One of those will survive and explode after. Also why it’s important to pick a good entry.
>>49911689

>>49911680
The feds admitted to FFR @ 4-5% for most of 2023, so pending any other calamities then just the end of the fed bubble, and assuming the yield curve cannot stay inverted for 2 whole years, I would suggest 7-8% on the 20 year

>>49911685
Oh I see. Yeah honestly I've never been right on buying puts at the top of a meme stock pump. It seems way easier to just join the bandwagon on the way up. I wouldn't be surprised if I got fucked by this.

What are some smg approved reits?

>>49911717
pretty sure its the reverse since one is daily leveraged right?

>constantly see articles about "fears of recession. are we still headed for recession?"

ARE YOU FUCKING TELLING ME THE CURRENT MARKET DOESN'T COUNT AS A RECESSION?

>>49911743
Normies start driving more, delaying/undoing demand destruction. Resulting drawdown in gas inventory will also worsen jet fuel and diesel shortages, prompting more long term hedging by those folks.

>>49911743
>No tax
>Demand increases
>No supply
>Cost go up

>>49911773
XLRE

>>49911780
Daily leverage means it rebalances automatically. This is why it can't go to 0, combined with the existence of breakers. There is no breaker as far as I know on ICE (SOXL), but there is on QQQ (TQQQ), hence TQQQ can't hit 0.

>>49911553
ask me a question about it then faggot the fed is a cabal of bankers, it wasn't the first central bank in the US and the founders want a global bank/government at the taxpayers expense.

>>49911799
It means we're near the bottom.

>>49911311
Panic buying via short covering or Cramer buy buy buy button

>>49911761
>>49911680
My theory is 3%. That’s where the fed wants it, a nice healthy number in the long run that doesn’t fuck the government too badly on debt interests. For the rest they will lean on Quantitative tightening. This will cause a gap between government and corporate bonds. Who the fuck knows though.

>>49911836
Wrong. We'll be near the bottom when people like you are convinced that the talking heads saying we're going down means it's the end of the world.

>>49911477
>>49911576
How is he wrong? The price increase happened under Biden. JPow and Trump printed money, but oil didn't spike because they printed close to what was lost from shutdowns. It's entirely Biden's fault for the inflation we have now.

>>49910742
Not sure. I'm currently enjoying EXTREMELY cheap rent, but I've lived with roommates my whole life, and want my own place at the same time. I guess I'm just going to save money with roommates until I'm 40 years old, maybe then I can buy the housing dip

>>49911600
betting against weaponized soi autism..... anon I

Kim Jong Un is posting on /pol/
>>>/pol/383469159
This has to be bullish right?

>>49911854
I don't believe anything the media talking heads say.

>>49911768
Volatility is basically a measure of how much divergence there is in average prices. Eg, look at the standard deviation on the historical prices. Options are basically based around trading the price of volatility.
Using the Black-Scholes model, you can calculate a contract's Greeks, which are things like delta, theta, gamma, vega, and rho. The strike and expiry are known - taking a given contract price (midpoint/last) you can work backwards to calculate the IV. You can think of IV as a proxy for demand or premium, too - something with 30% IV (eg WMT) is less volatile than something like a meme stock (which often have 250% IV on contracts)

But yes, when there's a sudden spike in prices, the market works to rapidly reprice everything, which causes a skew in volatility, and this is where vega becomes relevant. Like anon said, even buying a put on a spike can be done at a loss because you're paying an inflated price due to the vega/IV! When there's a large movement (up or down), option writers are the ones that make money.

>>49911875
His dumb ass ESG policies, taking pipelines offline, telling oil and gas cos better not invest, we don’t want your kind.

>>49911685
That is why I am selling tight SAVA call spreads these days.

>>49911224
Laugh now; cry later

Will oil head below $100?

>>49910859
Show bussy you twink

>>49911989
Yes u fucking chud. Deal with it. Trump lost too btw.

>>49911917
Solid post Anon.

>>49911994

didn't ask

>>49911989
WTI might.
Brent probably not.

>>49912008
Oil will crash. Trump lost. Deal. With. It.

Reminder Lithuanian will be attacked next by the Russians. Screen cap me.

>chink market opens
>BTC pumps
Gee I wonder who's trying to keep it above 20k

>>49911806
Oh okay! This is why you should buy LETF's! Because IT CANNOT GO TO ZERO.

>>49911994
calm down faggot

>>49911806
No breaker on ICE but TQQQ and SOXL are highly correlated. No way SOXL gets liquidated without the Nasdaq breakers getting tripped first

>>49911875
Oil is Biden’s fault, I agree with you there. This jump in inflation is not oil driven though, if so services wouldn’t be inflating as well. Oil is at the very most 30% of what’s going on here. Besides the fucked up money supply, going America first also raised costs. What amazes me is how few people are aware that South America passed a ton of MAGA policies in the 80’s. They too had crazy inflation after. China was a hell of a deflationary factor as we are seeing. I’m not saying this is Trumps fault either though, I’m saying it’s complicated.

>>49912024
> just two more weeks

>>49912065
By the end of September but yes

>>49911917
Just bet on gaysex bro. Fuck reading

This looks like a bulltrap
It has to be one

>>49912093
By the end of never
Ukraine will be the death of the russian federation

>>49910884
Then you hit the gym and do the plowing

>>49911768
>>49911600
By the way, what's your strike, cost basis, and expiry?

>>49912121
>Ukraine will be the death of the russian federation

>Commodities down
>Indices up

What’s it mean

>>49912121
It will be the death of the Biden presidency

>>49911600
Y not sell calls on REVLON

>>49912171
they are shorting the metals back into the ground

>>49912024
I would love to see them attempt it

>>49912171
It means China's awake.

>>49910697
*Leans in and loudly whispers "lower your cost"
*want's to spend trillions of dollars
*send billions to countries that hate us

>>49912183
>>49912158
>>49912121
I got 200k locked up in POYYF. Russian Goldmine Stock has a 49% dividend right now. I just want to know when I will be able to start trading it again?

>>49911008
Taycan or the Audi hopefully

>>49912024
Lithuania already threw the EU under the bus for that retarded nonsense. Gonna have to try harder Psaki. Maybe get the Jews or Isreal to attack Syria or some retarded shit like that to make evile pootler respond and stretch his military a little bit (he wont, Assad might though)

Oil faggots getting heemed, Joe Biden is fucking you how shit must that feel hahaha, I’m riding with Biden on this one, lower the price!

>>49912054
No way in practice, but in theory it's possible.
>>49912042
Go expose your sub-0 IQ somewhere else, like on >>>/r/eddit/

>>49912272
>49% dividend
Jesus I would buy that from you in a private sale. Gold mine with such a high divi yes please

>>49912337
If you sell CCs correctly, you can basically slap a fat 20-30% divvy onto anything that's optionable

>>49912378
t. never looked at CCs in his life

>>49912378
Quarterly?

>>49912337
>Gold mine with such a high divi
Too bad the dividends are in worthless fucking rubles.

>>49911592
Bro I just had turkey burgers TONIGHT with fresh lettuce and ranch, toasted buns shit was CASH. Do we buy BOXD?

>>49912327
Biden is doing shit to impact the price of crude.

>>49912110
Seems to be

>>49912378
I already do this

>>49912396
Fuck man I’ll buy Bitcoin with it, I don’t give a shit two years for capital appreciation in a stable industry don’t mind if I do

OIL PRINCESSES?

>futures

>>49912436
>april

>>49912437
Did you forget what happened literally last night?

>>49912474
the only reason it rebound was cause the powell wow was happening. I expect the same tomorrow, but it may open low before that.

>>49912378
If you'd ever tried covered calls you'd know how wrong that is.
The winners run 30% in a month, get called away and leave you with 10% gains. Then the losers slowly dump 50% over several months of 5% payouts. By the time the losers bottom, you can no longer collect any meaningful premium without locking in a loss. You're bagholding praying for a recovery. Even if your covered call outperforms a blind buy and hold, you'll often feel you'd have been better off just running a trailing stop loss strategy.

Covered calls can be good money, but it's a unique bet on downside volatility. Functionally, it's the same as put selling.

>>49912474
Don’t care, cashed out for 200% as soon as market opened, please do it again

>>49912474
>last night
Doesnt matter it's dumping tomorrow

>>49912504
The trick is you wait until after it comes down again to rebuy after you get called

What should I be selling credit spreads on rn

Why yes I do believe the market is going to sell off tomorrow and create a bullish lower low on the RSI/MACD weekly

>>49912474
This time it will be different!

>>49912504
We don't know if he means monthly, quarterly, or annually.
>By the time the losers bottom, you can no longer collect any meaningful premium without locking in a loss. You're bagholding praying for a recovery.
Or you can sell puts with your extra cash to average down. You do have extra cash right? Only cucks go all in right off the bat.

>>49912589
TSLA always and forever

>>49912611
Bobos are cute.

>>49912474
You got rugged twice, accept it.

>>49912664
So, are short expiration credit spreads the way to go, that way theta works in your favor?

>>49912613

I'm gonna make money tomorrow

>>49912697
No, because guess what doesn't work in your favor? Gamma. Lol. and then you get raped by momentum.

OH NO NO NO AHAHAHHAH

LOOK AT OIL

I bought GUSH at close, I’m pulling the plug on myself tonight, first the Bhad Baby demoralization now this, it’s over

>>49912754
That contract change heemed crude

>>49912664
Got me some naked 700p and 680p Friday Expy. Print for daddy

>>49912337
Except I won’t see the money till Putin dies in 2045. I’m curious how fucked I am or if this will work out perfectly with a quick resolution to the war / sanctions.

I'm worried I'm too hedged to take full advantage of the coming dump...

>>49912754
wdym oil. which futures contract?

>>49912776
Look at oil. Lol.

>>49912800
Wow this is fucking not how you VRP harvest lol jesus christ

>>49912717
So at least a few months out, or as far as possible?

>>49912847
WHAT THE FUCK IS THAT??? DELETE THIS!!

>>49912852
30-45 DTE but also make sure you have positive EV with your R:R

>>49912826

>>49912845
Wtf is VRP and who said anything about investing

>>49912776
>first the Bhad Baby demoralization now this
Don't be dismayed. It's very likely she spends all her money. Either that or she's smart, she learns to preserve it, in which case she deserves it. Or rather her body deserves it. She looks like a deer with tits. She's a ten

>>49910742
I own a home and its a fucking nightmare. HVAC unit just shit the bed and it was 103 today. I am sitting here, typing while drenched in sweat in my underpants. I would share the smell with you all, but since I had the coof I can't smell most things and things that should smell good smell like burnt asshole hairs down in the Bayou. Fucking end this, please.

>>49912847
Please tell me that is not real.

>>49912207
Lawlz

>>49912847
>Its real
I'm so tired of this modern world.

>>49912547
I know. I've made plenty off covered calls. It's nothing like a "20-30% divvy" though.
Profiting off CCs can be a slow and frustrating wait, and sometimes incredibly painful.
To do well you have to constantly re-evaluate whether the IV is enough that calls are still worth selling, whether its best to close the position entirely 2 weeks before expiry because the calls went ITM and reversal risk exceeds remaining premium potential, and whether there's major macro risks that might make it sensible to cut a loss.
Ideally things run smooth and you collect some nice premium and the stock closes on OpEx right below your strike, but real life is rarely ideal.


>>49912613
If you have to sit on 50% cash to balance your strategy then the real yield is halved. If you martingale into your CC income play, eventually you'll blow up on some cyclical trash that goes bankrupt.
The ability to scale into a position doesn't change the fact that you're bagholding the initial play.

>>49910797
120 is about as high as they usually let it go, Bro.

really regret selling off my DRIP
i literally had 100% of my account value in DRIP under $15
got rid of it all before it hit 20

prob gonna open at 30 tomorrow im such a fucking idiot

>>49912902
You can spend 8-15k to get a new one or spend 250 for a mobile ac unit. I have 3 of them

how retarded am i for wanting to buy soxl right now?

>>49912988
On a scale of 1 to 10?
Ʊ

>>49912988
Do you want to get chopped?

There was a point at the beginning of the month were soxl was nearly 26......

>>49912988

at least I can rest easy knowing that I was right and everyone who called me a retard was in fact the actual retard

>>49912988
we are switching to full conductors, semiconductors are blockbuster

>>49912847
>black mermaid
>blacks can't swim and fear water so much they don't shower

>>49913062
do you actually believe that

>>49911355
underrated and unthanked

>>49913072
smelling is believing

>>49908000
>>49908000
>>49908000
>>49908000

>>49913128
Baggie

>>49913128

>>49912847
WE WUZ FISH N SHEIT

>>49912504
>>49912547
>>49912613
For me, I'm doing it to UUUU. Managed to sell a $14 strike when spot was $10, sold a $9 strike a few weeks ago, and just sold a $6 ATM strike last week (Jul 15 exp). Im happy to see it drifting down because I want to accumulate more. Ideally it will hit $2-3 again and if it does, I'm doing a large buy. I ain for 30-45 DTE and I dont mind assignment because it means I can sell it above my cost basis. Planning to hold for 2-3 years. Even the ATM calls I sold happened to be below my average but I made sure my premium covered the potential losses.

>>49912940
>>49913211
Also Im open to other strategies. I got burnt holding a condor on WMT through earnings and didnt do very well on 2dte spy writing.

>>49913211
Just go have gay sex

>>49912877
enable anti-aliasing for fucks sake

Red? What happened to my Green Boi summer?

Looks like the narrative is shifting Gay sex bros

>>49913315
I've got autistic eyes,bro dont be racist

Can stocks do this?

>>49913393
Gay sex bros... we won...

I'm tired of all this gay sex talk you fags

i randomly shorted USDJPY today and im up 20,000 yen right now

>>49913438
Well done Kurumu-chan.

>>49913468
>>49913468
>>49913468
>>49913468

>>49913438

How much is that in real money

>>49913496
Let's see how long THAT lasts...

>>49912940
>then the real yield is halved.
but that's not an issue if it has a good Return on Risk. You'll still be making a decent amount of dollars at the end of the day.
>eventually you'll blow up on some cyclical trash that goes bankrupt.
Don't be a nigger and pick something that doesn't suck. Bankruptcies rarely just come out of the blue on quality tickers.
>The ability to scale into a position doesn't change the fact that you're bagholding the initial play.
Being able to average in changes the game entirely, instead of being a victim bagholder who went all in it's now a matter of time before a bottom is found and because of your lower average you only need half of the pump to exit. Or if it crabs and you have shares near that price because you controlled your bankroll, you can keep selling calls and keep the money flowing.

It's not infallible and if there was an extended downturn you'll eventually run out of cash and have increased risk vs the original position, but again if you're not a nigger and have good taste in what you pick it shouldn't be likely for it to keep going down forever. There's no perfect strategy served up on a silver platter with no risk. Yeah if you did casinos, muh weed, cruise ships, memes, or commodities you might run into trouble. But picking things that simply won't bleed to death isn't as hard as cynics make it out to be.

>>49913429
For some reason it just gets funnier and funnier to me, I fucking love it
GAY SEX BROS WAGMI

>>49911600
Why would you do that

>>49913211
Based and great taste, I'm thinking of UUUU if it goes below 5.

>>49913211
You sound like a bagholder dude.
UUUU is down 50% in 2 months there's no way you collected premiums that offset that. You're literally what I described in that post.
It's nice that you've reduced losses and lowered your cost basis, but by the time it sells at a profit you'll have wasted 6 months for total of a 5% return.

That's why it's important to sell CCs on shit you legitimately think is unlikely to go lower. Don't sell upside on stuff because you think it won't go higher - that's what naked call selling is for (and its much riskier).
Covered calls are specifically a strategy for situations with asymmetric risk where you see slow or limited downside risk, and where you want to improve your odds by sacrificing upside potential beyond a range. You can also sell ITM calls for plays where you purely think something won't go much lower - the reward is lower but so is the risk, in theory.

>>49913508
not enough

>>49913515
>but that's not an issue if it has a good Return on Risk
So are you holding cash, or not? If you're holding cash then your real yield is halved. There's no "but the risk was" low. It's a simple fact.
I'm not trying to say that covered calls suck - I use them frequently. It's just a tool though, not some magic formula to success. It increases odds of winning outcomes, but it lowers the size of wins. If you're winning more than you're losing, this can be valuable.

>>49913639
It's not a complicated concept. Assume someone had only 100,000:
>1% ROR on 100,000 = 1,000
>10% ROR on 10,000 = 1,000
Obviously you need to think very carefully about why that stock is offering 10% and research what's out there. But one allows you to hold much more cash while getting the same dollar return, in case you need to average down later.

>>49913706
Oh yay a new apu pic
Now up to 364

>>49913509
About 17 minutes

>>49913825
>>49913825
>>49913825
New since gaysex one got deleted.

>>49910859
Daily reminder there are NO elderly gays

>>49911875
Just because we're just now seeing the consequences of inflation, doesn't mean it wasn't already here. All of the Fed money printing for the past 12 years has ended up in asset prices, now that asset prices are falling the inflation is going into consumer goods. It's not that difficult to understand.

Buy and hold these in the long run

USMJ
PAOG
OMID
ZOM
CBTC

All are potential growth stocks and OMID in particular is poised for big gains!