/biz/ - Business & Finance

Baking

raking
(there was a leaf in the thread last night)

>>55184651
I'm always here.

>>55184651
i'm a leaf

C O N S T E L L A T I O N

S O F T W A R E

first for saying first for something
i am going to buy some NSC immediately in the morning and some TSN which i wish i hadn't sold fri

>>55184651
too many of us to rake away

tell me your honest opinion of LABU

If the rut starts getting bought up too, we will actually be back

Someone has to have images of Rocker with Bud Light.

Banking.

>>55184739
small caps are a thing of the past. Total megacorpo hedgemony is the future

First.

Planning to sell all my TQQQ Monday for TNA, Direxion Daily Small Cap Bull 3X ETF. With the Russell 2000 flat for the year it makes sense right?

>>55184734
so what is that thing?

>>55184796
a 1:1 scale work of art honoring one of
deez nuts

>>55184573
Hey guys, I'm currently reading this bullshit:

https://fiscaldata.treasury.gov/datasets/daily-treasury-statement/operating-cash-balance

There are reports and I'm trying to figure out what all that means, since I'm no US citizen (EU).
In the June 1st 2023 report,
there is this part in Table IIIA Public Debt Transactions. On the left side under "issues". (sorry it's not easy to copypaste that) My question is simple: The numbers after "Fiscal year to date" mean the money that was acquired through these debt transactions. The highest number BY FAR is with Bills. Does this mean that most of the debt the US has is in Bills or let's say it in another form: Are most people/investors buying bills instead of notes or even bonds?

Marketable:
Bills:
Regular Series Fiscal Year to date: 9,395,649 $
Cash Management Series
Fiscal year to date 673,004 $
Notes Fiscal Year to date: 2,011,626$
Bonds Fiscal Year to date: 300,400 $

Thanks!

I want to make money off the illness of others. Tickers?

>>55184796
it is The Sphere. do not ask too many questions lest it visit you in the night.

Mumu fucking shits...

>>55184822
SIGA

>>55184862
pooxbux

>>55184739
>>55184785
In a year PE has halfed while the price stayed flat. Small caps are looking good.

>opec to cut output in a month
It's crazy how oil makes a perfect bottom on the chart, then they announce they're gonna pump it. Still not buying though since it usually shits the bed around this time of year. Intuition tells us that a rapid pump to ruin shorts and then a dump to ruin longs like happened last year is probably the way to go. Then another commodity bullrun to the end of the year.

>>55184739
I could have saved her.

>>55184851
>hold through the june dump bros
Lel.

Mentally prepared for spx 500?

>>55184739
>University of Fellatio

So

Is it too late to learn to code? Is prompt engineering a legit thing to learn? Is 35 too old to get into a trade? I’m not getting the fucking injection so I can’t go into healthcare or nursing or anything like that.

Got a pizzahut pizza. The stuffed crust option.Half with toppings my Wife likes with the other half for me. Got the stuffed crust mostly cause of the good memories of the Demo Disc you got with them back in the day. (3 discs total; yeah I got them all). Well uh sadly the quality has taken a massive dump. I dunno what the hell happened but it didn't taste nothing like what I remember. First time I've gotten the stuffed crust from them in years (papa johns and when they had them, Little Ceasers, spoiled me.)

>>55185012
I'm 39 and if I were to try a career change I've been thinking I would just get commercial driver's license and be a trucker or something. I like driving.

you've been slurping oil, right anon?

>>55184972
>spx 500
Are you expecting an asteroid impact some time soon?

>>55184972
Uhh you mean SPY, right?

I’m locked out of my own apartment because they decided to install some trash IoT device for my doorknob called “SmartRent” and the fucker malfunctioned just like you’d expect.

Already talked to my building apartment’s leasing office shits and they contacted maintainence… they haven’t shown up yet and I fucking have shit to do on monday.

They had floated the idea of just breaking the door down, and maintainence hasn’t shown up yet, so I think I’m literally going to have to go buy and axe and do this shit myself.

I’m going to document that the shit’s broken beforehand to cover my ass, and might end up having to buy a new door.
Any thoughts or pro-tips on this dogshit, boys?
I’ll take some pics for you guys

>>55185012
Is it Greta Funbags?

>>55185054
Seems like a good way to get rekt by ai and robots

>>55185071
Not yet

>>55184890
Keep us updated

>>55185136
Lay down on your back and use both legs to kick the door in. No axe necessary and you'll only trash the door jamb so it'll still kinda close

>>55185054
Howd you get your current career?

>>55185136
just relax and use telekinesis retard
if you would have started concentrating an hour ago you'd probably be in by any second now

>>55185071
no. it needs to go lower first.

>>55185136
But if you break down your door, now you have an apartment that you can't secure.

>>55184820
>Does this mean that most of the debt the US has is in Bills or let's say it in another form: Are most people/investors buying bills instead of notes or even bonds?
You want this page to know the actual breakdown: https://fiscaldata.treasury.gov/datasets/monthly-statement-public-debt/summary-of-treasury-securities-outstanding

Essentially bills will show up as "more active" on your page because they have to be reauctioned/rolled over every few months. A longer term note or bond will only show up in that daily treasury statement as an inflow/outflow once every few or several years.

If I remember right, the weighted average maturity for all the debt is somewhere between 3.5 to 5 years.

>>55185210
I stumbled in to it by accident like I do in everything in life. Have degree in fine art because I wanted to be graphic designer. Absolutely hated graphic design work, quit. Put out a bunch of applications for other stuff, wound up maintaining parking pay machines for a university campus and have been there 15 years. It pays more than graphic design despite being way less skilled and way easier.

Just got done hiking my contributions 5%. Decided to go ahead with it even though it's not July yet. Pension will also get hiked 5%

>>55185249
he probably doesn't live around any niggers so it's fine

Are you guys ready for the biggest fuckin dollar bullrun? Whoever here that is stupid enough to hold gold is about to get royally shr3kt
And why would oil pump when the cuts were already priced in?

>>55185264
This.
It’s a building with a lock on the front door, and my neighbors are such pussies that having a big axe hole in the door would terrify them too much to come anywhere near it

>>55185050
You're not the first anon to report YUM's goyslop quality and service has been absolutely tanking. They've been eating shit relative to something like CMG or QSR.

>>55185264
It's an apartment.

>>55185264
never know when one that lives somewhere else might come jogging through and want to stop and check out the construction because of his dream of becoming an electrician

>>55185274
Nope, no nogs in this building.

Apple's WWDC event is tomorrow during market hours. Why is the msm trying to peddle a VR headset into existence? VR has no mainstream appeal.
>inb4 msm has given up on peddling the Apple car

>>55185280
For now...

>>55185136
Don't break down the door they'll probably charge you for it. If you want the full legal eagle approach, you may have the right to hire your own professional and bill them for repairs, (check your state's laws), though that assumes you can find someone available today. Also be aware you likely have the right to prorate your rent per day you are locked out if it comes to that. Good luck.

Best trading app?

>>55185277
>>55185285
Nope, it’s definitely a nigger free zone.

>>55185284
>VR has no mainstream appeal
we won't actually know that until applel invents VR. They're inventing it tomorrow apparently

>>55185295
>>55185136
Go to the closest hotel, document everything, short pay it next rent. Simple as.

>>55185295
I have shit to do tomorrow.
I need to get in there

>>55185298
think or swim does everything. Robingoy is easier to use

>>55185136
>they decided to install some trash IoT device for my doorknob called “SmartRent”
Kek wagies.

>>55185295
By the way - if your states laws do allow the tenant to make repairs if the landlord fails to do so, make sure to bring up this option with your leasing office once you find someone you're pretty sure could do the work. That may get them to move a bit faster.

>>55184573
Russel 2000, yea or nay?!

>>55185298
Phone + Female Broker

>>55184734
no way, biotechs way too volatile. Covid vaccine hype earnings way gone now

>>55184789
I would rather be in QQQ than the Russell. Tech is clearly the heart of the american economy, it is pandemic crash proof, AI revolution is currently happening and all tech companies will benefit. Look how cloud computing changed everything. MSFT went from $25 to $50 from 2012-2016, would you sell at $50?
don't gamble, invest

>>55185311
Downsides to robingoy?

>>55185327
Leaning towards this I guess

>>55185257
you get to check out college babes too. you should abuse your position of power and give some sexy college girl a ticket, then offer her a way out, if you know what i mean.

>>55185336
you think thats the only reason labu was up big last time?

What was in their vanguard account?

How long till they merge AI and hologram/holodeck to where you get to be greeted by a naked real looking anime/video game girl I wonder. Imagine walking into your house/apt and seeing say Claire Redfield or Jill Valentine waiting for you.

>>55185307
Careful with this one, I'm not certain you can deduct the full hotel bill.

>>55185309
You know it just occurred to me. If you break down the door, then *also* repair it, technically you may be able to bill them for the cost of doing so. So that's an option that could get you in now and then you can let lawyers or small claims or whatever figure it out later.

Of course, I cannot stress enough to check your state's laws as your rights may vary.

>>55185323
Better off with a comfy mix of 50% QLD and 50% SSO
>>55185340
>Downsides to robingoy?
Doesn't have futures or index options. No shorting unless you use puts and not everything has options also spreads can be a problem. Very few OTC stocks. No warrants. People complain about fills when it comes to multi-legged option strategies like iron condors and the like. The profit/loss graph for options is also pure dogshit cuz it only shows gain/loss at expiration which is pretty much worthless since most people don't hold to expiration. Thinkorswim has all of these features and lots more

>>55185364
Watch this to set yourself free, neo
https://www.youtube.com/watch?v=ah2tbJg9_MI

>>55185357
>>55185336
eye heard that Canada conservatives plan to sue big pharma for lots of money to fund their politics.
i am also almost 100% convinced they win
i dont do good financial so do with this info what you want

>>55181743

How do fat fucks like this exist?

>>55185309
>>55185366
>>55185295
Is OP good enough to break and then repair it in such a way that they don't notice?

>>55184734
>tell me your honest opinion of LABU
An infinitely safer and more logical play on biotech and healthcare is XLV and CURE. LABU is a widowmaker

I think nasdaq is too precarious here and is due for a correction. Because it's being bratty. Bratty price action demands correction.
>>55185347
>give some sexy college girl a ticket
No can do. That's a different job. I don't envy those guys. They get yelled at multiple times a day for less money. But yes the scenery in spring/summer/fall is a perk of the job for sure.

>>55185357
eh maybe. I got burned by biotechs so I hate holding them

>>55185136
You used the wrong pronoun anon, access denied.

>>55185198
Pump later rather than sooner, when they cut oil in april the price hit a resistance and didn't go much further than that. But there are also too many shorts. Hence a zigzag maneuver, liquidations of shorts, liquidations of longs and then once again liquidations of shorts.

AAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>55185136
>SmartRent
short SMRT, they're public

>>55185309
>>55185366
Also - the most based option in my opinion if you can pull it off and it's legal:
> hire a locksmith for service today
> replace shitty IOT lock with mechanical one
> walk in to the leasing office with a bill and a copy key (the copy key is critical otherwise you are in deep doo doo legally)
> you now have solved the problem permanently and established your dominance over the office, potentially legally (once again, as long as they have a usable key to your apartment)

obviously this is a high risk option. BUT. it will certainly prevent you from getting locked out by flaky IOT garbage again.

>>55185136
The smartest rent of all would be to move somewhere else that doesn't have retarded facebook zogtech.

>>55185054
I picked truck license + side hustle over ACA. No regrets.

>>55185012
Well it sounds like you're going to have to pick something.

How do I go to college as a creepy 31 year old fat man? I've never been. Do I need to do like an sat or something?

>>55185387
>Bratty price action demands correction.
Money is gonna start funneling into bonds and soon people are gonna have to start paying back their student loans. It's gonna be hilarious. Then again, I can't see NASDAQ falling more than 5-8% from here. The mega-tech is just too strong and basically any dip is gonna get slurped

>>55185358
Apparently everything.

>>55185433
I've never been to college either. I'm 40. Don't regret it a bit.

>>55184822
Short Gamestop (ticker: GME)

Thoughts on AEVA?

>>55185433
Community college for two years and then transfer.

>>55185433
Probably some combination of a GED, the SATs/ACTs, and/or your highschool transcript. You could also do something like start at a community college and transfer to another school. You'll be old for an undergrad on a typical campus but I've met 40+ y/o folks refreshing their skills with a masters plenty of times.

>>55185136
No failsafe? So what would happen if it failed during a fire?

>>55185298
Was TDA but it got bought out by some boomer shit

>>55185378
>CURE
hmmm good recommendation, looks like it made a double bottom too along with massive volume.

OIL BARONS

>>55185347
Better off just teaching at a college, my friend's dad has banged so many of his students over the years.

>>55185434
>soon people are gonna have to start paying back their student loans
First payments are actually going to be alllll the way over on September 1st. And that's possibly after Biden's 10k/20k balance forgiveness goes through.

>>55185556
>tfw work in oil
>tfw just got laid off
Thanks for the help you dirty barons. Not even making money anymore yourselves.

>>55185433
What this guy said >>55185484

Also if you're a white male make sure there's enough reasonable doubt for them to think you're gay or Muslim or Native American or something.

>>55185433
Evening/night classes, they're always full of boomers

>>55185581
Now that you pesky oil workers won't be working on behalf of the biden admin to suppress oil, MRO can go to 480 dollars a share in a GME style short squeeze.

>>55185433
>How do I go to college as a creepy 31 year old
Bad idea. The brain shrinks as you get older so you wouldn't be able to keep up with even the most basic material. You'd just slow the rest of the class down and they'd all resent you. You might be better off taking some adult "enrichment classes" at the local community college. That's where other old people go to learn stuff like how to operate a computer and shit

>>55185580
>Biden's 10k/20k balance forgiveness
What the fegg? That is so GAY. Why do americans live on such an easy mode? These last three years have treated you guys so well. Where are my covid gibs? Oh that's right, I was working 80h/week so that I can hope to once be able to afford a small house because the taxes eat up 60%+ of my salary...
Biden is honestly so gay. Are there no consequences to anything now? Just print more money, that's the solution to everything right?

>>55185645
>. The brain shrinks as you get older so you wouldn't be able to keep up with even the most basic material
unironically how i feel every morning. Brain just feels like goo that wont move. Im 30 right now.

>>55185661
It's not going to happen, not now or ever.

>>55185433
>Being such a genelet you can't pass as a mid-20-year-old in your early 30s

Be honest lads

What are your thoughts on Monday? Green? Red? Snibbedy Snab?

>>55185696
Green because unlimited spending until 2025, talk of a rate pause (no you can't debunk it bobos no one cares)

>>55185661
>working post COVID
lel hard work and savings mean nothing. the second there is a little instability the govt will just fuck the savers to helicopter cash onto retards.

>>55185696
Green because I bought SOXL Friday morning and never close a losing trade.

>>55185389
I think they are the future, but which one? Bio is the ultimate lottery, and your playing against people with way more insider and medical information. That said, I made my million off mindmed.

>>55185696
yellow

Is this whole bus exercise completely futile?

>>55185645
don't be demoorilized by this poster. passing classes in college is honestly 90% about putting in the work. yeah young folks might have slightly more maleable brains but a lot of them will also be partying, doing stupid shit, or just plain phoning it in because they've got an idea of the level of effort needed to get a B and they've got other classes they value more. if you study your ass off you can beat most of them no problem. that said, make sure to approach studying from the mindset of how to reach understanding, not just grinding through.

>>55185696
Slight red, just to correct last weeks insanity.

>He didn't buy monster in 1993

>>55185807
I was just fuckin with the dude. I went back to college at 38 and rekt the whole class on every test with a little help from my girl pic related. Zoomers these days don't learn shit in high school. Half forgotten formulas you saw in the back of your text book 20 years ago is enough to put you in the 75th percentile of most college freshman classrooms. Sad but in my experience true

>>55185807
> but a lot of them will also be partying, doing stupid shit, or just plain phoning it in
100% this. None of us cared because we weren’t paying for it, Mommy or the bank was. I was told go to school so I went to school, the older students tended to get the As as it was there money, and they cared about the course.

>>55185818
UNH bros they hate us cuz they anus

>>55185818
>ywn get a time machine to buy monster before sipboys meme

We’ll be green tomorrow and I should’ve kept my LUV and HAL! Might have to reslurp.

>>55185696
> your thoughts on Monday?
Very very green.

>>55185645
that is bullshit. the brain grows new connections all throughout life. show me proof now. im 30 and in college and get better grades than the zoomers. in fact, ive gotten top grades along with the other boomer in my classes. and this is coming from someone that abused their brain with drugs and alcohol for many years.

>>55185712
>MFW my MIC/aerospace bags

>>55185645
>>55185925
yeah he's absolutely wrong, it's just cope for old people who resigned themself to football and beer for the rest of their life. "im slightly worse at learning compared to young people so i should never try anything new ever."

>>55185832
>I went back to college at 38 and rekt the whole class on every test
OK nevermind then that's pretty based

>Zoomers these days don't learn shit in high school
Yeah that's an angle I wasn't thinking of but that probably adds an advantage to a 30+ y/o too. The combinations of excessive distractions, worsening curriculum quality due to woke parents, and the outright dopamine barrage zoomers have been exposed to since birth by growing up on smartphones is a pretty big debuff if you ask me. And that's ignoring basically skipping a year (or more) of education due to ""remote learning"" during COVID.

>>55185836
>we weren’t paying for it, Mommy or the bank was
yeah even for those on loans, it's hard to really have a gut feel for how long it takes to repay 5-6fig debts unless you've actually lived on your own and tried to save up that amount of money.

>>55185645
bottom line: show those zoomers how it's done

>>55185832
oh you were trolling. i thought so but had to make sure the guy didnt feel demoralized.

>>55185868
i still need to grasp how it works that you make good money on options that haven't even reached their "breakeven". i just took a look at the UNH ones and tried to spot your contract, and looked at the UNH curve. at what point did you do your buy in, and what was your reasoning? what leads you into leaps rather than short term ones? however you slice it, it is kick ass that you have been so well blessed on that trade as it stands.

last week was as fluke, this week we go down at least 4% or more

>>55185433
Get CLEP tests for cheap and easy credits then get a bachelors degree

The modern high school education is a joke. When I attended school (uh 20+ years ago) they did 4 classes half the year then 4 different classes the rest of it. There was no foreign language requirement nor any math requirement past Algrebra I. There was no fancy career development thing or whatever that thing is they make them do aside from class work in order to graduate now. Was dirt simple stuff for me. (Graduated with a B avg and I didn't really try hard)

>>55185012
If you’re an asswiper assistant, you don’t need the clot shot. You can make 20-30$/hr, but only if you assembly line wiping ass. Sometimes I do 8-10 asses a shift. If it’s the icu, maybe 4-6. You get used to it.

>>55186084
>algebra I

man Charles Schwab's website layout is horrible.

any other td ameritrade anons in here? how are you handling the change? i had everything(like the layout) organized perfectly how i liked it and now it's all been screwed up.

inshallah

So… is it too late for learning into coding? AI killed that gravy train? Learn a trade at 35?

I could go back to finish a degree but I wouldn’t know what to study.

>>55185982
>you make good money on options that haven't even reached their "breakeven"
The breakeven is only relevant on the day of expiration hence the confusion. I'm trying to think of a good way to explain this but in a nutshell, the chart most people look at when they open an option is a graph of what the profit/loss would be at expiration depending on where the price of the underlying ends up. In reality, the profit curve of an option during its lifecycle is actually wildly different and a lot of brokers only show the former while omitting the latter.
For a newfren it's easiest to think of options as just leverage. A call option is similar to buying shares just with more or less leverage depending on strike price and expiration date. The lower the strike price on a call and the further out the expiration date the more the call will move in lockstep with the underlying stock therefore fewer surprises from the other Greeks, especially Vega. My UNH call has a 2025 expiration date for this reason. Since it's a simple call with a long time horizon it's just a way for me to buy UNH with something like 4x leverage. That's as simple as it is. It's profitable because UNH went up since I bought the call three weeks ago on May 18th.
When you get a better understanding of the Greeks, Gamma, Delta, Theta, and Vega in particular you'll be ready to buy options that have a short expiration and options that have a higher strike price. The advantage of these is much higher leverage but the price will be significantly more affected by those Greeks and if you aren't up on exactly how they work it can cause the option to move opposite to your expectations.
>what was your UNH reasoning
Price action. UNH is a monster heavyweight stock that's been going straight up more or less for decades. It's the biggest stock in the Dow and it was on a dip. Plus healthcare does better in challenging economic environments
If you have any more questions fire away I'll do the best I can to answer

>>55186223
You realize we have IDs in /biz/?

>>55186084
What the fuck? I graduated high school in 2011 and you needed to take at least one calculus course to graduate, and I went to a shitty inner city high school in the South. We learned Algebra I in fucking 6th grade.

>>55185433
Guaranteed academic success no matter how much of a burnout you are:
https://gwern.net/spaced-repetition
https://apps.ankiweb.net/

>>55186223
What happened to her arm pits? Damn ai, this would have been perfect.

Too late to buy NVDA?

>>55186238
Yes.
I didn’t think I got a thorough answer but I missed these:
>>55185430
Exactly. I’m too old to be unspecialized so I need to get serious about picking something, but I don’t know what.

>>55186090
Kek but really now. That’s not what I’d want to do. Maybe me be a med technologist.

>>55186223
Her armpits are ugly. Pass.

OUCHIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEE

WTFWT

>>55186316
You don’t like those pitties?

>>55186259
Right but the real question is
What to learn?

>>55186231
What’s your target price?

>>55186321
To be good at coding you also have to have some knowledge about other stuff like operating systems or networking or something.

money deletion in progress

>>55186342
It's just a quick swing trade to $550 assuming the market holds its mud. If big tech starts to waver between now and then and volatility spikes I'll sell that shit as quick as I can hit the button along with all my other holdings. For the moment I'm long and strong though

>>55186352
So I should learn networking then maybe? That’s an employable skill right?

>>55186231
>breakeven is only relevant on the day of expiration hence the confusion
ah, ok, fuckin yes. i have paper traded them in HOOD and just couldn't make sense of that aspect but would see it working regardless, but that right there just snaps some things into relative place. what was the market price at the moment you bought that call, what strike price did you select, and how do you go about determining which strike price you are going to choose? and one biggie that has worried me a lot, what's the chance of getting stuck with a contract that you can't sell, either while it is up and you are trying to take profit, or while it is down and you're trying to escape before it potentially gets worse? *very* much appreciated.

>futures

PERMANENTLY
HIGH
PLATEAU

>>55186367
networking sucks.
t. layer 3 guy

>>55186340
They look like self harm cuts

>futures

I just looked at the pasts, looks like next week is gonna suck, unless you're a bobo.

>Futures

>>55186252
2002 graduate. The math requirements were; Pre-algebra, Geometry, and Algebra I. Or you could take more math as electives. Me, I sucked at math so I did the bare minimum. Now something I did load up on was all the computer related classes they had. Lucky enough in my senior year they added the A+ prep class as an elective. Needless to say I aced those. Teacher was cool. Long you did your work and didn't cause shat then friday's were game days. Setup a private lan using the lab computers and played UT and Q3A.

>>55186367
learn what you're interested in, that's it
asking what you should learn is peak npc

Oil in the morning it is.

>>55185136
>the tranny jannies deleted my post
YWNBAW

>>55186423
this is basically what all non-tech stocks did throug the dotcom bullrun

>>55186431
I’m interested in not having to live in the pod and eat the bugs
I’m interested in anime and women
I’m interested in money and freedom
I’m interested in the ends but I can’t find the means

>>55186427
I took AP calculus as a junior because I loved math, but it turns out I was just racist.

>>55186468
No problem. So the cost for doing that is NGMI. No refunds.

hmmm
natgas opened upwards a bit, and i've seen that trick plenty before, but this one does look different in some interesting ways. it's not up by *much*, but at least it's holding support slightly farther out than the dropping tiers that got it to here. no matter, it can rug deep as fuck on a hair trigger just as much as it can rocket.

The last oil cut was worth $5. This one was worth $2.50.

Therefore the next cut won't move the price at all. The one after that will drive the price down $2.50.

Opulence!

>>55186478
You know looking back at it, there wasn't any black students in that class.

>>55186468
>I’m interested in money and freedom
Liar.
If you were into money you'd be doing nothing but trying to figure out how to trade nasdaq futures

>>55186492
If you want to dick around with futures, long some wheat. KC > Chicago.

Just read the news on Bloomberg. I can't believe it's a Buyer's Remorse Monday.

Apparently it's the 4th in history, and the last one sank the market 14%. Unbelievable.

>>55186478
Ironic thing is now it's all moot; whip out your phone and load the calc app. Everything you need right there. Also in my job and life in general so far the only math I've ever used was the simple basics. I couldn't tell you how to solve an algebraic or higher problem even if I had to.

>futures

>tfw rotation from bluechip tech to garbage tech this month
Bullish

>>55186500
Ain’t it just gambling?

>>55186505
i think i'll need to grow my account a good bit more before i attempt dabbling in those, and absolutely will need to learn whole new shit.

>>55186506
It’s joeover…

>>55186525

>>55186540
Arbinu hit in June?

why is everyone back to being racist come on man

>>55186535
get a tradovate trial.
see what it's like when 20 contacts make 30K in 8 minutes

>>55186523
Yeah pretty much. Most calculations I do I just estimate the shit in my head. I don't even have to precise in the vast majority of cases.

What are the business implications of zoomers no longer having business applications?

https://archive.is/HDMN1

>>55186525
>>55186540
It's over mumus. Tech wreck is coming.

>>55186583
Fuck em

>>55186554
if historical trends hold then the big spike, which will be the shortest of them all, can happen starting tomorrow. they kept trending smaller and earlier though, so this crater might be the natural extension and conclusion. maybe them selling the casino stake wasn't such a good idea, idk.

>>55186379
>what was the market price, what strike price , and how do you determine which strike?
When I bought the call it cost me $5850 and the strike price is $500. I'm pretty sure UNH shares were going for around $475 at the time. My thesis on UNH was that it's the king shit healthcare stock on a nice dip and I had no doubt it would soon recover. I wanted in with significant leverage which meant options. Because I only wanted leverage and didn't want much exposure to any of the other option Greeks I picked a call option as far out as I could get hence 2025. The further out a call is, the less it is affected by things like volatility (Vega) and time decay (Theta). Normally, to further isolate yourself from the Greeks you go further "in the money" which for calls means a low strike price. Really deep down means a call option with at least a delta of 0.80. The catch is the further in the money you go the leverage starts to decrease. I was really confident in UNH so I was willing to go a bit higher on my strike price but not too high so I picked $500. That strike was above the price of UNH at the time but still lower than where I expect the price of UNH will be when I exit which is $550 so basically split the difference. I didn't want to overshoot my expectations you see.
>what's the chance of getting stuck with a contract that you can't sell, either while it is up and you are trying to take profit, or while it is down and you're trying to escape before it potentially gets worse?
The easiest solution is to only trade options on stocks with lots of volume and open interest. The open interest on my UNH call is 261 which means 261 people are holding that option which is plenty. You can look at the spread between the bid and the ask too. On my option it's about 10% which is fine. If you see an option with zero open interest or a bid/ask spread of 20% or higher avoid it. The fact is though that option market makers will fill your order just not maybe at the best price

>>55186594
if you look at the chart a stairwell to heaven pattern is forming

>>55186603
It leads to an elevator that only goes down.

I'm sorry Bobo, it didn't have to be this way

>>55186610
and then back up because this is not a Chinese elevator that eats people

>>55186598
Lemme just add I don't usually trade straight up calls since they are vega positive and theta negative. When stocks go up volatility tends to go down which somewhat harms long call options. And the passage of time eats away at call options hence they are theta negative, i.e. "short" theta. When you get experienced with options trading and learn how the greeks work you'll see you can tune an options trade such that each greek either works in your favor or is at worst neutral to your trade. The UNH call was just messing around but I would rarely suggest just yoloing on calls

>>55186594
>D
pay up my guy

>>55186598
BLESS
YOU
MAN
fuckin truly
this fills in some deep gaps and i'm going to get back to paper trading again (haven't done so since late last year, did it a lot then though).
i won't be able to afford actually jumping in at that level, but the knowledge of these principles might get me there. i am absolutely with you on that notion of seeing a dip and being confident in a company too. i am that way with DE generally, but not under present macro conditions. i am always hunting for bargains within my reach though. bless you fren, as always, truly.

Hey, uh, can yields stop getting even more inverted now? They're, like, gonna cause nuclear war if they invert any more. Uh, thanks.

>>55186647
well, i'll be wading into those waters with relative caution, and also more prone to take profits while the taking is good even if i might could do better waiting, all while i find my sea legs.

>>55186583
this just breaks my heart

>>55186660
I already pay 2.5 USD per month to get real time ARCA and CBOE quotes.

>>55186751
*on interactive brokers

>>55186707
If yields stay inverted forever, no recession

>>55186707
>>55186766
New paradigm. It's different this time.

I notice pretty much nobody is talking about the fed in these threads anymore. I find that interesting. the panic and worry over the fed has died down big time but the fed isn't through hiking mostly likely, especially with such strong economic data still coming out. We're likely going to have rates hiked up much further than people anticipate now and I think it's gonna catch a lot of people off guard.

>>55186778
They’ll end up having to go to 10%+ if they really want things to stop. And Powell isn’t going to do that.

Nasdaq futures about to pump out of the red wooooooo

>>55186778
The irony is the fed is the only real bear thesis left. If JPow lets it happen we pump back to all time high. If he pumps the brakes we fall off a cliff. I guess it's like living with an abuser, after a while you stop feeling terrified and learn to live with it

>>55186554
So no big pump this year?

>>55186778
>but the fed isn't through hiking mostly likely
I'm assuming Powell knows when he pivots is when people might start panicking again so if he does hike it will ironically be to save the market from a crash

>>55186803
Core cpi will rage at 5% inflation annalized in that category while all basket cpi is running 3%. Still above target and workers arent likely to get pay bumps to beat the core cpi so real wages will fall for many.

>>55186778
When they start lowering, that's when the real crash happens.

I'm basically all-in TQQQ on my brokerage. I also bought a bunch of a litecoin trust.

I should probably withdraw part of my Acorns account to pay off debts and put into my brokerage but I'm feeling really lazy.

>>55186834
what if this time it different?

I wonder what "VIX futures market maker paypigs" short VIX anon is up to right about now. He must be a trillionaire by this point

>>55186766

>>55186841
What if it's a new paradigm?

>>55186778
They just had their last few speakers before blackout explicitly pussy out.

>He's just giving Yellen breathing room for the TGA
Yeah, then July will roll around and she'll start doing her bond issuance and we can't disrupt that so maybe in September the "skip" will be over...

>>55186568
And this will teach me that it’s not gambling?

>>55186391
Is there something you think would’ve been a smarter field to go into?

>>55186841
>>55186861
what if the consequences will never be the same?

Hmm, was just browsing on Google Maps and realized I live pretty close to an NVDA office. I'd drive over and take a pic, like I did for MVIS... but from what I'm seeing there's literally no signage. Why are they so secretive?

>>55186874
>And this will teach me that it’s not gambling?
You don't really have to go bananas with leverage in a futures account. You can use 1x, 2x, 3x just like regular ETFs but still get the futures account benefits. Better tax treatment, round the clock trading so if China attacks Taiwan at 2 am you can get out on the spot, you can go short as easily as you can go long, Sunday night trading, direct access to VIX futures so you can take trades that can't be replicated with VIX ETNs like VXX, VIXM, SVXY, etc. And if you do decide to be a degenerate you can get as much leverage as you can practically use, literally over 100x day trading margin

>>55186803
Haha. Love this post. I do wonder what a normal PE is now that Ethiopians can YOLO US stocks on the toilet which even US citizens couldn’t do 20 years ago.

>>55186909
So help me. TQQQ or TNA?

W-why is oil going back down?

>>55186921
Conservative portfolio of 25% QLD, 25% SSO, 25% DDM, and 25% non-correlated option selling probably involving calendar and iron condor spreads. I don't see the case for small caps right now. If you want some exposure maybe look at MIDU. It's the mid-cap leveraged ETF and splits the difference nicely between Shid&Piss and Russel. Outperforms both depending on your time horizon

I'm doing 4DTE SQQQ puts tomorrow, what could possibly go wrong besides getting rich and becoming everyone's new dad after I fuck everyone's mom?

>>55186922
everybody knows MBS is a big pussy who won't do shit

>>55186941
If you say why not 4dte puts, I say why not 2dte? If you say 2dte, I say why not 0dte?

>>55186922
China is faking their economic recovery big time and suppliers are starting to realize it.

>>55186952
as jews go that guy was pretty based. literally invented the concept of the singularity. invented computers. btfo the soviets at every opportunity

>>55186223
everyone is saying it's over for CS therefore it's the best time to get in

>>55186965
He was Doug MacArthur levels of based.

>>55186938
Thanks buddy. I was hunting for something like MIDU. Didn’t find it. Could be exactly what I’m looking for. I got 2m in TQQQ which is pretty much everything, so figure I should diversify.
Any reason for SSO over UPRO?

>>55186941
I’m selling my SQQQ tomorrow, finally tapping out.

>>55186976
>Any reason for SSO over UPRO?
Just being careful. If you have an iron clad exit plan if things go bad and we really do have a recession then UPRO is fine. Otherwise I'd stick with the 2x stuff for now. Backtests show a buy and hold of leveraged ETFs favors 2x over 3x in the long term. Of course 3x outperforms in a full on bull market but is that what we're looking at going forward? Zirp is done, QE is done. Volatility is the enemy of leverage, particularly triple daily rebalance leverage and I anticipate a lot more volatility going forward

>>55186991
My plan was to hold tqqq till the nasdaq recovered than go hedgefundie excellent adventure at 55% UPRO 45% TMF.
Maybe 100% SSO is better. Will have to look at both and factor in the high borrowing costs I don’t see going anywhere soon.

It's me fathands, for the anon that said I was getting fatter I thank you. It motivated me to take a walk on the local trails, and I feel better for it. It was a beautiful walk. That being said, I'm not fat, I'm a hamchad.

Seen some 50 round 22LR ammo for $2.99. Figured what the hell more ammo is never a bad thing. Go to checkout. Fuckers wanted to charge 14.50 for shipping. Tax would've kicked it up to almost $19. Fuck that.

>>55187037
Nice trail
Being in nature helps your mind
You will be a better trader and gambler this week

>>55187037
based. looks like a quality trail

>>55187059
I agree, that's why I loaded up $500 in my DKNG account and I'm about to hit the slots.

>>55187036
You may find this helpful
http://ddnum.com/articles/leveragedETFs.php

>>55186938
Love the MDY low P/E but the index barely crashed in 2022. Russell on the other hand is down 30% from 2021 ATH. Lot more room for recover on TNA.

>>55187083
Thanks!

>>55187037
Reminds me of where I used to live. Uh pretty much the road I lived on, the end of it, a creek ran under the bridge. Other side was gravel and woods. Land ownership of the wooded area (large ass area at that) was uh kinda up in the air lets say so people came and did whatever and no one really gave a damn.

>>55187037
it’s great that you got to touch some grass today, mr fat hands.
Maybe I’ll go and do that too after chopping down my door this afternoon.

>>55187061
Michigan is a based state during the summer. So many nice trails. You really get to be in touch with nature.

>>55187038
Im seeing shipping end up almost 60% of the entire bill for some stuff lately. No clue what that cost is even for.

>>55187097
>chopping down my door
Oh u-uh good luck with that.

>>55187037
how are the bugs in MI? in the south they're awful there's this invasive nigger asian tiger mosquito that itches for weeks

Why are the nassy 100 futs down

>>55187137
We really don't have bugs here. You basically have mosquitos and that's it. I lived in North Carolina for a short time and it was horrifying. You have bugs the size of dinosaurs circling you at all times. Ran back to Michigan ASAP. Our brutal winters basically make it so no serious insects can really survive here. You do have to watch out for ticks though.

>>55187137
Well the thing now is ticks. Of all things. Co-worker went camping during the memorial day holiday. Him and his wife. Said he found a tick on his nutsack. Yeah. He was getting ready to get "busy" with his wife when he found it. Its also hot , 80s/90s

I was in Maine and apparently there's a fucking MOTH that gives you rashes with some shit it shakes off on you.

>>55187192
The only saving grace is ticks don't prefer humans, but unfortunately if they spend enough time on you, they'll bite regardless.

>>55187158
it looks like someone sold off a massive 500 contracts

I'm a big believer in insect yard care. Year or two after I moved into my current house a swarm of in ground hornets moved in. I didn't notice them till it was to late. I push mow the yard. Went over them with the mower. Well the hornets got ticked and went up my pants leg. Got stung. Was afraid for my cock and balls I'm not afraid to admit. So there I was. Hornets up my pants. Very slowly made it into the house. Shucked the pants quick as hell once inside. No further stings during this thank god. After that I started treating the yard every year before I mow.

>>55187277
Hornets and wasps serve no purpose and deserve nothing but death.

>>55187277
You have a lot of insects in your pants stories…

>>55187269
They must be out of dilators of something and need the cash.

Sell.

>>55187295
yeah, low volume futures can have wild swings that don't matter at all.

>>55186909
Still sounds like gambling, but also the best way to long the Vix. And a Vix below 15 with this President, this international conflict, this TGA fuckery, it seems like a decent gamble.

I might just call Schwab up and ask for the serious degen mode.

>>55184573
I bought BOIL at $3.55. If it reverse splits im killing myself.

>>55187209
o i forgot what it's called but that happened recently here too so you had to be careful around trees

just have hydrocortisone cream ready, or benadryl or something if it's over a large area
prob only affects people who are sensitive in first place

>>55187324
When vix hits 10 I’ll play.

>>55187336
idk I tromped through all kinds of plants and shit over the trip and my legs/feet were shrekd at the end. Mosquitos like me. Do any /smg/gers go camping?

>>55187324
I read a paper recently that made a really good case for only going long VIX futures when the standard deviation of the VIX index is 0.86 or below. It's sitting at 1.14 right now so maybe take that into consideration

The Saudis are on some pussy shit on God

>>55187331
or, you could just sell the next pump, no matter how small, and mitigate the losses, then find another trade.sx444

>>55187460
shit, no wonder it said i fucked up the captcha

>>55186846
>He must be a trillionaire by this point
The margin requirements to short the vix make sure that he's a thousandaire at best. Whenever I want to short the vix I think about it, realize the market for it is one of the least honest markets in existence, the margin requirements are high to sell calls, and the premium to be collected doesn't justify the risk of getting ass raped by said paypigs

>>55187369
i've lived outside over1500 nights during the last many years

>>55187465
Based Sunday drinker.

>>55187491
i have not done any drinking since 2017 i think it was, and then only briefly after many years before that. i do occasional communion with the LORD GOD Almighty with wine and unleavened bread, but not anywhere near to the point of intoxication.

>futures

>>55187510
All I'm saying is Jesus made wine.

>>55187452
Emirates and Saudis are going to suplex each other sooner than later.

>>55187553
yes, i drank plenty my share of it in the 90s

>>55187521
wtf dude

IT'S OVER

>>55187467
>the margin requirements are high to sell calls
I was thinking about this. Have you considered doing the math on the decay factor of the VXX ETN and opening some targeted butterflys for where you expect VXX to be in the future, e.g. pic related? It's fairly predictable in the long term, goes down on average -0.249% per day like clockwork. Butterflys are a very high reward to risk play so you stand to make 3-4x what you open the trade with and risk is defined so no market maker rape

Holy shit tech bros.

just got finished prepping 10lbs of curry to simmer, go long on plumbing services because my toilet is about to be PACKED.

>>55187575
It's really going to retrace the entire rally, isn't it?

>>55187607
oh fuck
thanks for reminding me to put some beans to soak overnight

>>55187624
>beansoaker

>>55187607
How in the fuck do you make curry?

>>55187397
Link?

Anime girls spoke and told me to buy copper..

>>55187584
>where you expect VXX to be in the future
I'm not a guy that likes to predict the future. I try to capitalize when the vol gets realized in the s&p.
>Risk is defined
Yea to 100% of that you paid. That's the same as just going long the put or call. If you are right on direction you are right. If you are wrong you are wrong. Either way. But interesting thought. I don't know too much about etns. Will look into it though.

>>55187645
Its japanese curry, Indian curry would have more pungent flavours like tumeric etc. But its perfect for leftovers
>Cut up 5 slices of thick bacon
>throw it in the pan while it heats up to give me some grease to cook with
>Flour the beef and brown it
>Onions sauce + Mirin + sake + cold chicken stock to deglaze pan
>Onions, garlic, celery, carrots, literally whatever the fuck you want in with it
>Simmer it to soften everything up
>add Curry roux blocks
>Servce it with rice

>>55187647
It's called Forecasting a Volatility Tsunami
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2949847
Pic related is a graph of the signal
>>55187660
>That's the same as just going long the put or call
I was contrasting against selling calls

>>55187667
Oh, ok. So basically a roux type sauce.

>>55186874
>Is there something you think would’ve been a smarter field to go into?
yeah

>>55187645
https://www.youtube.com/watch?v=Hhy7JUinlu0&t=478s

>>55187678
Maybe next time I want to short vix I'll just buy some ITM puts

Dont wanna brag, but I made $0.45 this weekend while the market was closed
You chuds made $0.00 this weekend
Optionwriter chads need not respond, we know you're based

>>55185358
Physical bars of VT.

>>55187692
>>55187692
forgot my image

>>55187689
The issue with ITM puts and what makes butterflys better is it's not really a secret that volatility ETNs decay at a predictable rate long term and that's built into the premium of the puts so there's no edge there. The edge is in the precise targeting and that's what the butterflys get you

>>55187717
To put a finer point on this, the ITM 33 VXX puts for Sep. 15th cost around 600 to open. That means if you bought them right now VXX would have to drop to 27 before you even start making money. Mathematically you can reasonably expect VXX to be at 25 if everything goes perfectly by Sep 15th. That makes $200 on $600 risked. And that's only if it goes perfectly. The same trade expressed as a butterfly and risking $600 would make $1200 if VXX hits 25 on Sep. 15th

so you mention you're a "gay bear"
how bearish are you on the market?
is the "AI bubble" in the room with us now?

AAAAAAAAAH MY OLIVE OIL LEAKED

>72.39 +0.65 (+0.91%)
OPEC+ status: Ouching

>>55187781
i have so many big ass jugs of it i don't even know if the prices have changed since last i bought, but it was starting to get pretty seriously high. last news report i saw said the growers were losing a lot of harvest this year due to weather so it ain't getting cheaper i am sure.

>>55187785
check vol nothing is going on rn

>>55187810
It's comparable to what we saw with the last gap up on Sunday April 2nd. That ended up holding just fine into regular trading hours.

>>55187679
Yeah. Curry is just a name for pungent/aromatic ethnic gravy

Techbros...

>>55187769
>That means if you bought them right now VXX would have to drop to 27 before you even start making money
That's at expiration though, if it drops even a little bit before Sept 15th I could still take a profit and not hold to expiration to find out. And correct me if I'm wrong wouldn't the bottom wing of the bufferfly essentially be offset by the short option in the middle and that leaves you with profit only on the upper wing? Why not just load up on those upper wings at that point if you are so sure on direction?

Just went all in on Amazon

>>55187890
>I could still take a profit and not hold to expiration to find out
Caveat to this, it needs to be a liquid options market which I'm assuming VXX is not that liquid, compared to SPY.

curry's probably the only food that looks better out than in

Well, looks like my oil play was a bust. Better luck next time.

Currybros...

>>55187936
Damn I once swapped trains in like 3 bounds between but now I see I'm just amateur.

>>55187856
AAPL is at its all time highs, despite declining revenue.

NVDA's P/E is over 204.

>devs are doing token burn pls sirs do not redeem the shares

>>55187936
Ranjesh was very quick. Now show bobs

uhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
new thread?

>>55187980
Saudis cut the number of threads they're going to bake.

In retaliation we unleashed a wave of mpox upon the hajj.

>>55187890
>And correct me if I'm wrong wouldn't the bottom wing of the bufferfly essentially be offset by the short option in the middle and that leaves you with profit only on the upper wing?
I posted the chart here >>55187584 The turquoise line is showing profit at expiration so you make money if VXX lands anywhere between around 21.50 and 28.25. That's much better than the short put where profit begins at 27. And it isn't reasonable to expect VXX to land lower than 21.50 between now and September since it's subject to the mechanics of the 30 day constant maturity VIX futures roll yield. It's not like SPY where it can just go as low as it wants.
> That's at expiration though, if it drops even a little bit before Sept 15th I could still take a profit and not hold to expiration to find out.
You get the same effect with the butterfly only with better reward to risk. Incidentally I have this exact trade open right now for a few days and it's currently at 15.71% profit. In the time I opened the trade the 30 day contant maturity VIX futures have moved about 8%
Note also that there's a structure called a "broken wing butterfly" that transfers risk from the top wing to the bottom. This is advantageous in the case of VXX since it has a predictable decay. You can set the trade up such that even if VIX pumps to the moon you still profit a little. And if VIX dumps and VXX hits your target you profit a whole lot more. The risk is to the extreme downside which isn't a big concern unless VIX drops to 9 in the next few weeks which ain't gunna happen

>>55186803
S&P 7 is also not bullish but we'll see if the S&P 493 can keep the friday gains over the longer term

>>55187980
It's fuckin OVER.

>>55187907
>it needs to be a liquid options market which I'm assuming VXX is not that liquid, compared to SPY.
Obviously almost nothing is as liquid as SPY. VXX is plenty liquid enough though. There's lots of volume on volatility ETN options so don't worry

>>55187957
You going to short a company with a monopoly on white women? Are you the President of Korea?

buy any dip, its bobo hunting season.

>>55188022
Checked.

>>55188008
Their conference this week is going to unveil a revolutionary, state of the art, top of the line VR system. And nobody is going to order it because VR is for dorks.

For God's sake, anon, Tim Apple is trying to make the daring foray into savings accounts.

>>55188022
Saved to my "top signals" folder, thanks

OK, fine, baking.

>>55188036
Apple is inventing VR this week chud and it's going to be MAGICAL

>>55188055
>>55188055
>>55188055

>>55188041
counter screenshotted for my bobo suicide folder.

>>55187988
>Note also that there's a structure called a "broken wing butterfly" that transfers risk from the top wing to the bottom. This is advantageous in the case of VXX since it has a predictable decay. You can set the trade up such that even if VIX pumps to the moon you still profit a little
Pic related is what it looks like

3 words

carnival
cruise
lines