/biz/ - Business & Finance

Fuck 4300

Where my shoe niggers at? NKE -> $70.

tranny janny reminding us he exists

>puts underwater
>Close them
>Buy calls
>Also underwater

Wtffff

oops my bad

STOP STOP SOTSPH TPOSHT POSTHSDKTHSD:LKTHS:LKH

>>56223510
u reacted anon. classic mistake been there

previous thread cloud

>mentions black people and tanks the market

MY CREW IS BIG AND IT KEEPS GETTIN BIGGER
THATS CAUSE JPOWELL CHRIST IS MY NIGGER

I boughted BKLN

Is was a short squeeze wasnt it?

So I’m gonna hold.

The pump will continue

>>56223534
Fuck
How can I not react

I didn't buy tickets to an event tomorrow, because my girlfriend sent me 5 different events to buy at the same time. and now she is mad at me.
How do I short women bros, it's all so tiresome.

>>56223536
>baking

Is this the most incompetent general?

>>56223564
be a man. plan ahead.

>>56223548
At that price it's either a sell or a buy. There is no in-between.

kek dumbfuck red as fuck baggots

>>56223569
>How do I short women bros, it's all so tiresome.
By waiting until you're 40 to have sex and focusing on yourself in the meantime.

Is you are a long term investor and you haven’t started buying O under $50 a share then you are reallllly bad at investing

>>56223536
pivot!

WTF IS THIS SHIT THIS ISNT BULLISH LOOKING AT ALL WTF

>>56223543
It's to inform his jew buddies to sell

>>56223569
i told my wife we could go out tonight while she was blowing me last night but now i dont feel like it

WHATS THE SIMPLEST STOCK BROKER FOR MOBILE?

>>56223569
You are not fucking her hard enough. Also trade her up for a girl that hates social gatherings.

There is no way that I'm closing my puts before today's closing and tomorrow, the last friday of september, a friday right before muh government shut down.

>>56223536
Needs more big trading niggas

>>56223608
They all kind of suck on mobile. I only use them on my laptop though. I don't think I've even seen what E*trade's app looks like.

PUMP EEET JEROME

>>56223610
lol, You know the bottom is in, and traditionally the markets like government shitshows?

So is the curve uninverting?

>>56223641
Christ has forgiven her and so should you. Be a man,grow up and raise strong Christian kids with her.

>>56223676
if you cum in her the nigger cums mug your cums on the way to the eggs

>>56223676
Lol.

>>56223695
I don't want my future children to be conceived in racial jungles.

what did the bond market mean by this?

>>56223613
>janny deletes a bunch of posts over muh racism
leaves this one

>>56223662
There's a medical procedure that does this

>>56223536
>Debt short yes.
>Next market better.
What did they mean by this?

>>56223607
I’ll take her out. How are her farting skills? I like to watch the buttholes song before I fuck them

Great day. Autism has its uses.

ded thred
ded gaem

Financially speaking, how much would be too much to spend on Czech prostitutes over a two week trip?

>>56223727
Who cares, bonds are trash

>>56223727
higher for longer just like my pp

>>56223462
Again?

>>56223752
You should only allocate up to 20% of the trip's total budget on whores.

Someone make a new thread. Not posting in a plebbit gme nigger thread

>>56223609
>>56223607
>>56223588
Should I kick her out of my house? she doesn't pay rent.
Short dating apps, women are trash.

Will my June 2025 SPY $440 puts print?

Looking for SPY to hit 350 before I sell.

Got em at the peak couple months back.

>>56223797
Just buy her some chocolate and flowers and take her gokarting.

>>56223797
Your response should be
>k
and that’s it you fucking simp
Cut out the retarded emoji shit

I cannot think or comprehend of anything more cucked than buying long-term treasuries. Honestly, think about it rationally. You are loaning your money to the Federal government for at least two years solely so they can give it to Ukraine and Israel. All the hard work you put into getting your money - wageslaving, making profitable trades, not buying too many funkopops, denying yourself avocado toast, avoiding Jeet scams on /biz/. All of it has one simple result: your money gets LOWER interest rates and is held up for longer than it would be in shorter term bonds and bills. Saved the perfect sum? Great. Who benefits? If you're lucky, a random NEET getting gibbs who had nothing to do with the way you saved your money, who gets paid by the Feds. You get fucked by high inflation every month. Ukraine, Israel, and Monstanto get the benefits of your money that came from your earnings. As an investor who buys long-term treasuries, you are LITERALLY dedicating at least two years of your investment simply to raise a sum for other people to enjoy. It is the ULTIMATE AND FINAL cuck. Think about it logically.

What's the ticker for Pooters?

>>56223608
Just VNC into your desktop bro (unironically, that's how I trade even during vacations)

>>56223810
Forgot picrel

>>56223816
Also this, you shouldn't use emojis if you're a guy.

When is shitcunt doing his speech?

>>56223827
4

>>56223827
4:00.

>>56223816
>>56223815
She is on her period, otherwise i would just go upstairs and man handle her.

>>56223821
roll

>>56223857
You don't fuck her on her period? I always liked doing that with mine because I could cum in her.

>>56223857
Period sex is just fine, I don't understand people who cockblock themselves because of that

what have you done to achieve price stability today?

>>56223878
Same people that wouldn’t get kids a chick after she blew him.

>>56223881
I bought cheap Wheat futures to help stabilise their price

>>56223867
You're supposed to cum in her so she doesn't get her period retard.

>>56223797
>Not mad just disappointed
Is she your daddy? Fuckin based if you ask me.
Anyway, considering this was an oversold candle, it felt kinda weak. Are we gonna continue the downtrend tomorrow and the next week? Then again you never know with this market. It could seriously go full schizo and do +5% next week.
And another thing if someone will indulge me; why are banks so undervalued? They earn ginourmous amounts of cash due to the inflation/high rates and small delinquency rate (and small credit losses, especially in Europe). How are they trading at such low multiples and why aren't they getting bought more? I would think something like Bank of America would be trading at 40+ but no. Weird. Also great and sustainable divvies. How are they not getting gigaslurped?

>>56223881
Damn price stability I want gains.

>>56223889
I can't afford that right now.

BOBO...

NEW
>>56223909
>>56223909
>>56223909

>>56223913

>>56223913
lol way too early, we're only 71 posts into this thread

>>56223913
Lol we're not even at 100.
How do I long baking volatility?

>>56223901
>nooo all the stars must align before I can make one (1) child
you ancestors made like 9 children despite having nothing better than a two-cow farm

>>56223730
My downward curve is my superpower though. Doggy style melts bitches brains.

>>56223950
I don't even have a shack much less a farm. So yeah they were in a better position to do that.

Where my CROX chads at?

>>56223913
What the hell you doin boy?

>>56223955
by the time you can afford a shack you'll be dead for 2 years thanks to Bidenomics.

>>56223964
Never worn them. Are they worth buying?

>>56223930
I'm so tired this made me spit take my coffee

>>56223955
You own nossing, are you 'appy?

>>56223977
I'm wearing someone else's crocks. I think they're overpriced and would never buy them myself.

Crocs are for fags.

t. Chaco chad

>>56223913
Fuck off forreal
>>56223925
>>56223928
>>56223930
>>56223966
Someone keeps getting assblasted and splitting the /gme/ general and that's turned into fucking with /smg/ to get people pissed off. It's been happening for several days now.

there are so many tax/govt benefits to having a child that you can't afford NOT to
people overblow the cost of kids so much, it's almost like they don't want us to have them

>>56224001
/gme/ is still a thing?

>>56223822
based

WTFWT

>>56223955
You live in the US where working at mcdonalds earns more than a master's degree engineer here and you can't afford a basic house? You'd better do something about your life, son.

Hmm, I find it interesting that Pepsi is trading in such an oversold territory. Are investors selling off before the earnings? P/E too high?

*beep* *beep*
Careful there, I'm on my way to the lows

WHEN IS JEROME TALKING

>>56224033
4pm eastern

>>56224033
I love Asian girl's eyes look. The iris is so dark it makes their pupils look huge.

Moo moos...

>>56223797
>literally letting her see you sweat in emoji form
Nigga leave she has been soiled. It will be easier to start fresh than to fix how this one sees you.

>>56223909
>just like other europeans

>>56223822
What is VNC

>>56224063
Vishnu Needful Corporation

>>56224063
It's like using your computer from across town but with a telescope and a really long stick to click the buttons with

>>56223888
>why are banks so undervalued? They earn ginourmous amounts of cash due to the inflation/high rates
They're holding fixed rate loans at below inflation rates and many are having liquidity. Wells Fargo is effectively paying most of its lendies monthly for example. I knew this in the summer and made money riding the price down.

>>56223997
Nice company to buy though

>>56223822
What Android VNC app is good?

>>56224075
*having liquidity issues
Sorry I'm still hungover from last night.
>>56224063
ssh -Y for Windows users.

>>56224079
Jump Desktop and Remotix are the two best. Both support tunneling over SSH and both support RDP if you need that too

Bitch basterds, stop redeem

bitch

>>56223997
>>56224077
Whatever is gay is a good company to buy. Gay is the future.

>>56224128
Gays get fucked hard.
Sodom was cleansed with fire
California is being cleansed with fire
You will be cleansed with fire if you cast your lot in with them.

>price hitting major resistance levels and getting rejected

lmao so much for that bull run mumu. better luck next time and thanks for letting me load up more on my shorts

>>56224073
lel

>>56224079
For me it's RealVNC

>>56224128
>Gen-X no change
>Shit-llenials double the gay
>Zoomers complete utter embarassment to their parents
as expected

Didn't buy FEMY yesterday.

I get the feeling QQQ will finish the day green, tomorrow may be moderately green as well, then gigadump on monday.
Alternatively we could trigger the gigadump friday afternoon, then some weak recovery on monday and gigadump tuesday.
Just my intuition.

>>56224166
Today it did this. But I didn't want to to get fucked by a memestock fakeout. Seems like they often pump though, if they make this 'pattern', if patternology can be applied to memestocks.

>>56224165
wait til the alpha stats come out
they basically teach gay in kindergarten now

>>56224128
>gen x almost completely un-gay
Feels good to be the last based generation on earth

>>56224153
>>56223827
Market crab down tomorrow, give up gains, full moon. Magic.
Market pump on monday. New month.

>>56224168
im into this. shits just too weird rn

>>56224128
Fucking social media pozzed the youth

>>56224128
Loaded up on CROX asap

I bought more SPY.

>>56224211
匂いを想像してみてください。

i recommend rustdesk(yes trannycode) its faster than vnc, pretty safe, and works if you have dynamicdns.

if you're tryina go from mobile to desktop its a bitch tho i think u still have to roll your own from source

>>56224220
Jerry ?

>>56224220
probably tastes like bbc

>>56224211
What a dumb whore

SHORT URA, EVERYBODY PANIC

>>56224211
What a lovely whore.

>>56224075
While that is true, look at European banks. They are insanely stacked right now. No liquidity issues, huge buyback programs, huge divvies, most people preferring short term mortgages so they pay handsomely to the banks... and yet they ain't even at ATH. I find that to be quite perplexing.
Banks all across the world are still far off from their 2008 levels despite being undervalued, flush with cash, and the giga banks having no liquidity problems (a bit different for certain big US banks but according to the FED tests, they should be alright. That's trustworthy right?)

>>56224200
what a shit thread

Do ya'll long oil or flip that shit for quick gains?

lets go crab hour

>>56224211
Imagine the smell

why is nobody noticing all the biotech jumping 50-300% on millions of volume
seems like money is moving around and this is where it's landing

>>56224249
this was my idea nigga

>>56224011
YES

realty income corp for under 50 burger bucks, surely now is the buy zone but I can't be bothered to do any research to validate that

>>56224296

>>56224286
I am sick of biotech ever since I got into CALTX. Apparently everything is going well but shorters can manipulate the stock however they so desire so it never goes anywhere. Fugg id
>>56224296
>tats
big yikes

>>56223819
have some reddit gold for this quality copypasta, anon
also picrel

I have given up trying to break even on my GME bags bros

>>56224265
That's funny you would point that out baker faggot

>>/biz/?task=search2&ghost=false&search_text=&search_subject=&search_username=&search_tripcode=&search_email=&search_filename=joker&search_datefrom=&search_dateto=&search_media_hash=&search_op=all&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=post

You're actively making it shit over there, and here in smg. Kill yourself you fucking faggot

>>56224293
Yes, I copied you

>>56224303
If you're over 30 you have to buy O, it's a rite of passage.

>>56224303
>commercial real estate

>>56224283
i wish i could
i really wish

Bros, I just woke up, what happened to markets today?

>>56224296
>Implants
Bleck, I'd rather they were all natural and big enough to spill over her sides

>>56224343
Thank you for pointing it out, it's been getting old lately.

man I wish I could go back to /rhg/. that thread was comfy as fuck, we would all just throw money at random biotech stocks and make shit loads of money. this place has gone way down hill ever since the newfags showed up.

Give me back my lunch money! Make the spy go up 10 dollars. If it it can go down 3 percent in a few days it can go up 6 percent in a few more!

>>56224362
>what happened to markets today
Pic related happened. Boring oversold candle that isn't really moving anywhere. Wait for tomorrow to decide whether we break the downtrend or keep going down to <4200

>>56224362
>I'd rather they were all natural and big enough to spill over her sides
like my gookfu's ^_^

>>56224381
Don’t lie. We’ve all seen her fun bags.

>>56224346
kurwa

lets hope it doesnt break 28.4 then

>>56224359
There is no better feeling than buying a can on monster energy drink from the monthly $2 dividend your generated by your $10k investment in this dividend aristocrat.

>>56224381
You wish... she's got C's at the most. I bet even my 150kg bench press nicely developed chest is bigger

I bought BROS on Monday. My time is now

>>56224359
It’s actually making a rebound. New tenants are being made every day

>>56224385
yeah, they're all natural and big enough to spill over her sides. <3 my Gookfu's fun bags ^_^

>>56224392
Post chest
You wont

>>56224388
It shan't. I can feel it

>>56224394
What am I missing?

>>56224296
billi bardot
very meaty pussy, financially speaking

>>56224409
They're cranking out locations like crazy and the earnings are going to start reflecting that. It was overpriced af at IPO. Now a good value.

I'm predicting a minor pump on shitcunt speech. The market is still fully bad news is good news mode so no matter what he says it will pump. That won't be the case for much longer though. Still predicting a recession by March 2024.

Men. Get to your Trading stations

>>56224434
Nice. I prefer my armchair though.

>>56224401
I can't. Confidence issues. I haven't taken my shirt off in front of anyone in more than 10 years. I can do advanced ring exercises and I've got a nice body but I get flustered and get heart palpitations if someone sees my arms (which is why I wear a hoodie at all times)
Now onto financial matters, why is Pepsi not getting slurped? And why is Texas Instruments getting dumped so hard? I can somewhat understand Pepsi since it is pretty expensive now but Texas? Trading at very low multiples and having great earnings? I guess not being attached to AI has its downsides

>>56224434
Standing by.

>>56224434
reporting in

>>56224446
Hot.

>>56224451
Interesting as f#ck! I hecking love science!!!

>>56224446
So you’re a LARP. Cool
Carry on
>Verification not required.

WHEN I SAY GREAT,
YOU SAY DEPRESSION!!!
>GREAT!!!

>>56224451
You just know he shitposts here

i'm up several thousand today but that didn't stop me from going to 2 different grocery stores because english muffins were on sale at one of them

Fuck you uranium bulls. I’ve played this game and this game doesn’t end well.

>>56224510
You spent more in gas than you saved and this is why you will always be poor

>>56224434

>Nvidia's, $NVDA, French offices raided in cloud-computing competition inquiry, per WSJ

Ruh roh

>>56224507
>GREAT!

>>56224303
>20shares = $1000 = $5 monthly dividend
I've been buying it every time it falls by 50 cents

what the fuck is up with this retarded IV? If your SPY 1DTE option doesn't literally gap up or down 0.5% it loses half its premium? No wonder everybody is in 0DTEs, who the fuck is paying this retarded premium?

>>56224539

its like the VIX is at 30 or some shit. It's fucking 16.

So what stocks and things of value tend to do well when there's no government? I'm sure that since there's no government this would be a good time to stop all payments to the IRS and that would leave me with some extra cash on hand.

>>56224128
The bi's are skewing the numbers

help, is this the real thread?

>>56224451
i'm pretty sure that's soxl shill

>>56224551
RGR or SWBI

how do i long Toast'ems?

>>56224466
>>56224451
>>56224434
Were you prepared for that?

>>56224551
Cannabis. But the government is t shutting down. Not this time. It would be polio Tidal suicide

>>56224596
What the fuck was that?

This is fucking PISSING ME OFF

Uranium

All shall kneel

Thank you for your time.

>>56224619
Redirect your anger into profit

>>56223824
mesmerising

Did the market get Powell's speech in advance or what

>>56224523
>up thousands on a crab day
>get called poor
fren your brain is having problems

he meant the market will be higher for longer

>>56224434
SIR YES SIR
>jannies sell SPY

>>56224434
present! teehee

>>56224677
what's in her portfolio?

>>56224689
>her portfolio
At that age, they call it a Trapper Keeper

>>56224689
NTDOY

>>56224677
>>56224663
Missed it.
The last anon to get in before the dump was
>>56224524

>>56224701
>trapper
>keeper

>>56224689
CAG

>>56224677
I want to go back bros....

Short Coinbase

>>56224451
>Intesterin GAS fuck
yeah, Natgas converted to electricity is being fucked by this boomer.

>>56224705
I'll probably buy some soon enough, but not until the JPY stops bleeding. Though by that time, the Switch 2 will be announced and the dumb boomers will make it go +15% suddenly, as if it was a surprise or something

>>56224735
it was a good time
millennials are such cons00mers because we're chasing that feeling but we'll never get it back

>>56224621
i dont even trade uranium but even a blind bat knows it's gonna take a dump soonish

>>56224621
Looks to me like uranium kneels before coal.

>>56224781
It's why it keeps getting pushed. You knew this already though.

>>56224296
disgusting

>>56224787
I don't know what to tell you. If you burn the coal, you're going to destroy America. Remember it was climate change and Christianity, not migration, that led to the fall of Rome.

>>56224755
>as if it was a surprise or something
Gamers don't trade stocks, so it always is a surprise. If you spend more than 5 minutes thinking about video games you basically have inside information.
Elden Ring blew up and immediately sold 15 mil copies, but it wasn't until 3 months later that Kadokawa got it's pump. As if it hadn't really happened until it was listed as a line item in their quarterly presentation.

>>56224677
this is xem now btdubs

The pump will continue tomorrow

TTOOOOOOOOOOOO

Ding ding ding! How did it go today anon?

>>56224825
That almost makes me want to play video games again but I just can't deal with modern games.

>>56224853
+0.68%

>>56224853
-0.2% :(

>>56224853
Crabbed back up a little, increased my cattle spread position

>>56224853
+.68%. That makes two green days in a row now. Nervous about tomorrow.

God, American women are all fat

>>56224663
Is going lidless more efficient?

>>56224881
why are you fucking cows anon

>>56224853
Lost $2400

>>56224860
You're not missing much. Trading stocks is a better game than playing games anyway. I did enjoy Elden Ring though.

>>56224877
>+0.68%
>>56224882
>+.68%
Do we have the same portfolio...

>Jpowell speaking with some fucking teachers at the same time as biden impeachment hearings.
Wow its nothing.

>>56224781
Uranium hit 70$, you could not possibly understand how wrong you are lil nigga

>>56224882
Doesn't xiao mean something more like "narrow?"

>>56224904
>we're high that means we're not gonna get rugged

>>56224888
Checked.

>>56224853
hello little girl, thank you for asking. Im up a percent today as Im all in on WOOD

>Your trade was EXECUTED.
Metal.

>>56224882
Gook women hate their own men so much, they are evil, materialistic, come with a severe inferiority complex, hate children, and have flat bodies, and a variety of pug or pan faces.
They also eat dogs and bugs.

>>56224914
I need a smoke real bad you don't even know
>Verification not required.

>>56223462
more like loses their shirt edition
>GME -27% 6M, -38% 1Y
>tech stock

>>56224901
The government is shutting down, so it doesn't matter how much investigating the Republicans do, first of all Joe didn't do nothing, and even if they want to make up some kind of charge for him, they won't be able to move forward because of the shut down. Also with the government shutting down, Jay isn't going to be able to adjust the rates at all, so now that everybody knows what the interest rates are going to be we can move onward and upward. #BuyTheSpy #PutzRn0tDaWaE

Bullish on teachers

>>56224918
Nice.

>>56224925
Tell me about it haven't smoked for 3 months.

>>56224924
boy can they suck a white dick though

>>56224908
ok, so where will the supply come from?

>summons Kennedy
>American
>Education
Great comedy show

Imagine if they didn't filter callers like in those city hall meetings recently
>Powell why are you a fuckin kike

>>56224899
Maybe

>>56224933
Why da govment always be shuttin down but never be shuttin up? Just let a nigga do illegal shit dayum.

I am going to become a 3x year old bond king

>>56224925
>>56224953
This
Except last weekend I had a marlboro light what a fucking joke of a smoke
Im not convinced they have nicotine

>>56224925
I want to smoke but Ive been sick since last friday. Clearly I didnt smoke/drink enough to stave off illness.

>>56224968
>yes thank you mam I have a question ok here goes POWELL YOU FUCKING NIGGER MY PUTS-
>ok next caller

>>56224961
the federal reserve
bonds going into the core of the earth

>>56224985
>marlboro light
lets see your tits

Well, I was up over 3% today, I'm happy

>>56224853

>>56224953
>>56224925
I’ve never smoked, taken up gum 2x a week as I hear it’s good for the brain. I can’t comprehend risking cancer and paying thousands to be a little dizzy for 5 min.

>>56225025
3% for me too! 60k

>>56224961
You don't know what's a correct price for U3O8 based on supply and demand alone, sentiment and expectations affect the price, when those change, so will the price. Uranium equities are probably even more sensitive to that. The whole uranium sector is in a hype phase fueled by expectations of continued higher demand/tight supply, this is priced in, what's not priced in is what happens when the expectations and hype go away.

>nooo my asset can never take a hit
find the bearish divergence on the chart

>>56225028
If you arent chain smoking at least 1 pack per day get the fuck off my /smg/

>>56225000
I bummed them off my friend
He does have tits though

>>56224996
The ol Uranium printer

>>56224985
Only marlboro reds are smokable.
>>56225028
Mostly smoked cigars it just becomes a habit I guess it's not even about the nicotine.

>>56224985
get the turquoise spirits bruj

>>56225063
150g of Kratom a year? I do 10g hits at parties as a alcohol replacement.

>>56225068
more like you bummed your friend

>>56225038
buy puts or short, else stfu
sick of both sides of this trade

>>56225068
some friend you are, letting your friend smoke marlboro lights. you might as well let him suck your cock too, you both sound like a buncha faggots to me.

i sold some uvxy and sqqq and bought into the jepy and qqqy memes(ex-div is 10/2) will report back on these supposed monthly earnings

MOMMY WHY IS BOBO TAKING MY GAINS

>>56220158
Why the fuck would you want to put your money on externally valued securities
>Oh wow! A chance for me to buy a chance of me winning money
Don't be a fucking pussy. Naked sell short instead on margin instead. Put your money on actual value

why is where so little volatility around powell?

>>56225117
what do you mean like his aura or something?

>>56225082
better be maeng da or else just get some Black tar heroin my nigger

>>56225117
Well the market is closed.
But yeah it never seems to react much to him which is super weird because he pretty much decides what will happen next.

>>56225099
If I sell covered puts on stocks I already own and never plan on selling, isn’t it impossible for me to get fucked?

RIP CHARLIE SHEEN

>>56225104
What a cutie

>>56225127
it always did in the past
market can still move big when its closed tho

>>56225123
Yeah he has a dark grey aura which as we know is death energy. Nasty stuff.

>>56225140
one of these days he's really gonna be dead and you're gonna feel pretty bad about yourself

>>56225132
Didn't you ask this yesterday?
Yeah if you never sell that's a 100% loss. Obviously you sell at some point.

>>56220158
futures are better for simple trading

>>56225117

>>56225127
He is talking just about general macro, micro and the organization as work of the fed, why should the market react, after closing?

>>56225117
It's a nothingburger he's just taking softball questions from (((teachers))) over zoom

OIL BROS ARE WE HOOKED? WE MAY BE HOOKED

>>56225124
maeng da White

>The goys aren't buying the bonds Chairman Powell...

>>56225140
>He actually died

>>56225180
>made me look

>>56225084
Go to bed, Nigel

>>56225171
>>56225127
now i cant really tell if we go up tomorrow or not

>>56225155
True but you don’t sell a forever put contract. I use forever to keep the model simple.
If I own a 5 dollar stock, sell a 4 put, and the stock goes to 3. I’m no worse of having that put than I would of had I held the stock from 5 to 3.
I just want to confirm that is correct before I jump in.

>>56225132
>covered put
You mean a cash secured put? Because if not then will pick up shares when assigned. And then you pay margin on the added shares.

Preheated

>>56225094
>>56225094
>>56225094

>>56225217
But instead of cash I’d secure it with stocks I already own. Than I won’t care if I’m assigned and never pay margin. If my put hits I just sell my shares and rebuy them.
>>56225206

>>56225132
So lets say you bought 100 shares at 1 dollar, then you sell a put option for 5 shekels with a 1 dollar strike, stock goes down to 90 cents, you're on the hook buy another 100 shares at 1 dollar. So now you've got 200 shares with an average cost of $0.975 and they're worth .90 cents, so yeah you can get fucked, especially if the company goes bankrupt. Fucking retard.

>>56225242
that's not how a short put works

>>56225206
>I’m no worse of having that put than I would of had I held the stock from 5 to 3.
Kek you're going to get assigned the 100 shares at 4, the fact that you already own shares doesn't change that. You're thinking about covered calls.

>>56225251
Second it hit 1 dollar, my strike price, I’d sell my 100 shares.

>>56225206
>>56225242
Not correct. You have 100 shares purchased at $5. It drops to $3. You lost $200 just from that. You also lose an additional $100 from the short put dropping from $4 to $3.

>But instead of cash I’d secure it with stocks I already own.
It doesn't work like that. You can sell covered calls against a long position. You can sell covered puts against a short position. If you get assigned on a short put you will gain additional shares.

>>56225270
Yes, but at 4$ I’d sell the shares I already own. So in the end I always own the same amount of shares.

>>56225287
What if I sold all the shares I owned at $4. Than I lose 200 both ways. I’m no worse off.

>>56225277
in that situation you'd come out even worse and still be buying 100 shares for an average cost of $0.95 that are worth $0.90. You would end up having to be short the put and short 100 shares of stock to profit. Plus there's always the risk the stock gaps on you, so your stop can't get the price you are looking for or you get assigned early since you're on the short end of the option.

>>56225290
The ones you own at $5 a share? >>56225206
Then you would be taking a $100 loss. The only way this would work out is if you somehow magically nail it and get assigned on the 4 put and ride the shares back up to $5 a share to get your $100 loss back. Or it just crabs around $4 and you buy back in after the put expires worthless.
If it takes off without you then you get left behind.
It seems like you're trying to game the system for free money, options trading doesn't work that way.

>>56225350
It’s not a plan I’ll never lose at. I’m saying it’s a plan I’ll never lose more than just buy and holding.
If I own 100 shares that go to 0.90 or I do put contract, sell at the strike price, Im in the same place in the end.
The stopgap stuff and other friction is a real threat though, that I’ll have to take into account.

>>56225312
You're thinking about this the wrong way. The point of selling puts is to pick up shares at a lower price and/or to gain $ from the premium. What you are doing is leveraged trading for a small amount of premium. That premium (extrinsic value) is the only benefit from your strategy. It's not worth it. A better option is to buy deep ITM calls to create a synthetic stock position.

>>56225379
Well yeah, I've been an advocate of selling puts instead of buying shares for years.

>>56225381
There is no leverage though? And I’m buying and holding anyways so might as well get the premium.
>>56225364
I’m not saying I can’t lose money, I’m saying I can’t lose more money than buying and holding would do.

uhhh guys? what the fuck just happened?

>>56225394
But I’d only do this for shares I own and think will go up. Might as well get paid for the losses I’d take anyways.

>>56225415
what do you mean

>>56225418
you have to secure the puts with cash, so you're looking at it wrong, you're not getting paid on your shares, you're getting paid on spare cash.

>>56225438
I hear you. TD said I could secure with stocks.

>>56225406
>I’m saying I can’t lose more money than buying and holding would do.
Yes you can because you would be risking it.
What are you gonna do when you sell your shares at $4 like you said, you have 400 dollars, then it takes off without you back to $5 a share? Unless the premium covers that $100 loss which I doubt, then you lost more than buying and holding.

>>56225438
>>56225450
If you are right that does change everything.

>>56225379
>>56225406
>I’ll never lose more than just buy and holding
You absolutely will. Again, you are leveraged trading. If the short put is not cash secured then you are using leverage. You will have more shares than money to pay for them. When the stock drops past your short put, you start losing multiple x the amount of money versus just buy and hold. The Tasty Trade style put selling does not outperform buy and hold.

>>56225394
lol I knew you and Tom Sosnoff were friends.

>>56225453
Anytime it goes below 4, I sell, every time above, I buy. Yes theirs transaction fees, and stopgaping risks but overall on a etf with 500k it shouldn’t count for much.

>>56225038
lmao actual fucking moron

>>56225475
My bank said I could secure the contracts with stocks. So I’d only sell a 1000 share contract of TMF if I owned 1000 shares of TMF.

>>56225479
Kek it's not that simple. You're going to get chopped up badly constantly buying above 4 and selling below 4. There'll be tons of fake breakouts that throw you off. You would have to be a trading genius to nail it every single time. What will most likely happen is tons of transactions for "buy at 4.15", "sell at 3.85" over and over.
Just admit you're gonna lose more than buying and holding and stop forcing this half baked bullshit idea. You're clearly a moron that thinks he's onto some free money hack.

>>56225511
>My bank said I could secure the contracts with stocks.
Yes you can do a lot of things depending on your options approval level.
You have to be trolling at this point. You have 1000 shares. You then gain another 1000 shares when assigned. You now have 2000 shares, 1000 of which are using margin. That is 2x leverage.

>>56225562
This is a real possibility. I agree, I’ll have to watch out for this scenario. But 90% of puts expire worthless, and a lot of thetagang making 12-24% I think it’s worth at least checking out. See if the world as shitty as you seem to think it is.

>>56225572
But I’d sell 1000 shares at the contract price so I’d NEVER own 2000 shares. Above contract, hold shares, below contract, sell all shares.

>>56225590
Chop happens way more than you think, you're looking at it from some ideal angle. Price trolls the fuck out of people, it's not just going to cleanly break above or below 4 every single time.
I have a write up for theta gang that will make you more than this nonsense
https://pastebin.com/yXgGWa3k

>>56225562
>>56225590
And with auto buy/sell it never be 4.15 but yea, 4.02 - 3.98 1000x would fucking suck.

>>56225622
Thanks, I’ll check it out. I was calling it browning out in my head. Chops a much better term.

Hey guys, this insurance video by Allianz is really good. Look they know how the DAX will perform in the next two-three months, kek. Wtf is this...

>>56225622
This isn't chop, this is the start of the Santa Cruz Rally, and the march to SPY $480 retard.

>>56225607
You have no concept of delta or probability OTM. You have no understanding of volatility skew. You do not understand how to determine if the premium has any alpha compared to the probability. You will not even break even long term due to the bid/ask spread. I'm done.

>>56225679
I bet you finally see how it's infinite free money and are just saying you're done because now you're going to steal his idea. I'm onto you bucko! ~_^

>>56225679
True, but we all have to start somewhere, and I just can’t imagine chop or the bid ask spread destroying me. Maybe, but all of this are pennys on the 100 dollar shares. We’ll see.

>>56224825
I don't know, I think about how fucking shit all modern video games are but companies like EA and Take Two or whatever still keep going. Maybe I could have shorted CD Project when I knew Cyberpunk would be fucking shit.

>>56225140
I still can’t believe it