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/biz/ - Business & Finance


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>> No.22230317
File: 59 KB, 1000x1000, 1599282050653.jpg [View same] [iqdb] [saucenao] [google]
22230317

Practice covered calls.

>> No.22230325

SOMETIMES IT'S HARD TO BE A BOBO

GIVING ALL YOUR CASH TO JUST - ONE BULL

>> No.22230337
File: 325 KB, 2856x1607, MatayoshiSon.jpg [View same] [iqdb] [saucenao] [google]
22230337

This is Matayoshi Son. He lost billions of dollars on WeWork that he made back by gamma squeezing the TSLA options chain and dumping on dumb hedgies and robinzoomers.
Say something nice about him.

>> No.22230339
File: 2.99 MB, 4724x3153, 冬の自販機.jpg [View same] [iqdb] [saucenao] [google]
22230339

Goodnight. You should all go for a walk, get some sleep, and try to find peace with this dip

>> No.22230343
File: 161 KB, 819x1024, apu the comfy 5.jpg [View same] [iqdb] [saucenao] [google]
22230343

Wishing everyone a good and pleasant weekend

>> No.22230355

>>22230337
Bad investor great schemer

>> No.22230360
File: 228 KB, 736x567, iQ1hNmA.jpg [View same] [iqdb] [saucenao] [google]
22230360

anyone catch this put play on TSLA before close:

https://twitter.com/unusual_whales/status/1301999023306539009

Gonna be ITM Tuesday open.

>> No.22230377

https://moxreports.com/kbio-infinity-squeeze/
>In November 2015, “Pharma Bro” Martin Shkreli orchestrated a violent short squeeze on failed biotech KaloBios that caused its share price to rise by a staggering 10,000% in just five trading days.
please please please i hope gamestop is as evil as i think they are and they want to go out with a bang before getting bought up for their brand alone and majority of their stores getting closed.

all the developments now look like it was setting up for one massive fuck you to idiot short sellers this entire time.
>The KBIO infinity squeeze is most memorable for retail trader Joe Campbell who launched a GoFundMe campaign to help pay for his personal trading losses which he suffered as a result of having a fairly small short position in KBIO. Not only did the $37,000 in his E-trade account go to zero, but Campbell was left owing E-trade an additional $106,000 in addition.

Do we really need a positive catalyst at this point when borrowing fees are like 30% APR now? Ticking time bomb and short interest is still around 100% for some crazy reason.

>> No.22230412
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22230412

>>22230337
>You did well the past couple days, Son-san. Continue the dump on Tuesday.

>> No.22230430

>>22230337
he's real
he's interesting
he's sort of like Elon Musk where he doesn't really know how these cutting edge technologies work, but he works very hard to channel money to them
I hope that someday they write good books about this dude

>>22230339
I will sleep ;)

>> No.22230432
File: 110 KB, 500x600, dab.png [View same] [iqdb] [saucenao] [google]
22230432

>>22230377
>The KBIO infinity squeeze is most memorable for retail trader Joe Campbell who launched a GoFundMe campaign to help pay for his personal trading losses which he suffered as a result of having a fairly small short position in KBIO. Not only did the $37,000 in his E-trade account go to zero, but Campbell was left owing E-trade an additional $106,000 in addition.
oof

>> No.22230444

Value investing and patience.
Have a nice weekend , /smg/

>> No.22230448

i think we get small green candle then some big red candles

>> No.22230466
File: 32 KB, 634x476, EHqSeC_XYAIAYNA.jpg [View same] [iqdb] [saucenao] [google]
22230466

>avg buy price of TQQQ is 147
>avg buy price of APPL is 127

>> No.22230507

Where did/do you guys learn trading? Any recommended books/YT channels/websites or whatever?

>> No.22230536
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22230536

>>22230432
all GME has to do is announce a share buyback and it's RIP for all these short sellers. Share buybacks would fuck up their liquidity short-term but they'd make bank on the blood of idiot retail. Or are they not allowed to do that because it's fraud/manipulation?

short interest ratio of fucking 15, don't even have to try and time the top, a buncha idiots will probably FOMO in and think GME is actually going up based on fundamentals. You'd have thought the small squeeze on Monday and Tuesday would have decreased the amount of shorts by a lot, no, it's stayed steady primed to be popped hard. Unless this free info is delayed shit.

>> No.22230545
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22230545

>>22230339
I AM FINANCIALLY FUCKING RRRUUUUIIINNNEEEDDDDDDDDDDDDDDDDD

>> No.22230554

>>22230507
Investopedia, Youtube, Google, the fire of first hand experience.

>> No.22230556

>>22230317
How does one make money off covered calls?

>> No.22230561
File: 117 KB, 1542x927, Untitled.png [View same] [iqdb] [saucenao] [google]
22230561

What a tiny "crash".
Gave back like two weeks worth of gains.

>> No.22230571
File: 532 KB, 600x839, __hakurei_reimu_and_kirisame_marisa_touhou_drawn_by_beni_shake__454aac31a3ea73b7f786b6b703835465.jpg [View same] [iqdb] [saucenao] [google]
22230571

>>22230339
We need a comfy dip. The market has worked hard let it sleep for a bit. Buy comfy stocks and stay safe.

>> No.22230572

>>22230337
How can I do a gamme squeeze with 20k?

>> No.22230577

>>22230554
Investopedia seems like a pretty great resource. Any YT channels in particular? I've been watching some Ziptrader his videos usually have okay tips

>> No.22230580

>>22230507
Investopedia is pretty good. Stick around here to learn what not to do. Do the opposite of what the majority of people recommend here.

>> No.22230594
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22230594

>>22230577
https://www.youtube.com/watch?v=KfDB9e_cO4k&list=PLECECA66C0CE68B1E


>>22230556
Just sell out of the money calls. High enough they expire worthless but close enough to earn a premium. Takes some practice but good source of income.

>> No.22230609

>>22230536
>Unless this free info is delayed shit.
Suspect that. Noticed it on some other stock and the info seemed to stay the same for days. Gace me the vibe that the two sites i checked werent giving accurate information.

>> No.22230613

>>22230594
Based, I'll check this guy out thanks

>> No.22230615
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22230615

>>22230507
We don't know what the fuck we are doing honestly.
All of us just yolo on weeklies and then cry on a anime image board when they expire worthless
Then we are back on monday.

>> No.22230626

>>22230337
Mayehe live a thousand years.

>> No.22230651

If I went from $110k to $60k in the past 2 days because I panic sold my October tech calls, how the fuck do I recover from this? I'm really scared of options now.. but I also can't live with the fact that I'll need years to recover back to $110k if I do boomer shit like SPY for 8% YOY returns.

Help.. I'm fucking ruined..

>> No.22230652
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22230652

gonna marry her lads..........

>> No.22230669

>>22230651
it's just a number

>> No.22230691

>>22230669
Yup learn to enjoy your career and grow your salary

>> No.22230702

>>22230594
>Just sell out of the money calls. High enough they expire worthless but close enough to earn a premium. Takes some practice but good source of income.
So I set it to a silly optimistic price, like aapl at $160 in 2 weeks, then in 2 weeks I just make money as long as it doesn't get to it's absurd goal?

And if it gets to it's absurd goal, I just get that absurd price for my shares, and buy back in on the inevitable dip from the absurd?

>> No.22230703

>>22230613
>>22230594
Watch the value investing stuff and basics on stocks but I wouldn't recommend his latest videos. I remember watching him interviewing some hysterical boomer investor in March or April who thought the world was ending and stocks were going to 0 and he failed to inject any rationality into the said boomer doomer. Imagine discouring people from investing in early April.

>>22230651
It's just a video game. It's not real.

>> No.22230712
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22230712

>>22230317
I sell 10 on SOXL every month. Easiest money ever and IV is so high premium for far OTM calls is still pretty decent. Some months like this one I get lucky and can roll down for even more premium

>> No.22230719

>>22230703
>discouring
*discouraging

>> No.22230731

>>22230613
I only vouch for the Value Investing playlist. Don't follow "personalities."

>> No.22230739
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22230739

>>22230651
>gambled with options
>willingly took loss
>surprised he lost money

Is this how the average options gambler really thinks?

If you're going to gamble, you only use money you're willing to lose. Its not rocket science.

>> No.22230770

>>22230651
Look up TNA
YOLO it all in cash secured puts, a couple dollars OTM and wait till expiration
got assigned? sell covered calls till excercised and go back to selling puts
ITS THAT EASY

>> No.22230775

>>22230651
If you're buying calls, it's because you think the market is going up. So wait for the market to start going back up and buy more calls. You could also buy puts if you think we're going down. Iron Condors/flies if you think crab-17 is engaged, etc.
>???
>Profit!

>> No.22230793
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22230793

>>22230651
Aggressive Boomer Strats are the only thing that will save you now.

>> No.22230794

>>22230651
Can't wait for you to gamble more on options, then come back here and whine when you're down further.

>> No.22230826
File: 76 KB, 1024x1024, 35AA5F1C-9C7A-4F9E-9159-B4C230017D30.jpg [View same] [iqdb] [saucenao] [google]
22230826

Why did DRUMPF shut down the stock market on Monday? Has he gone full commie???

>> No.22230834

you should literally sell tech stocks that went parabolic on tuesday open.
t. someone who works at a fund that couldn't offload on friday

>> No.22230835

>>22230775
he knows that.
he's trying to cope. he's got a place to live, food, water, probably lives in a half-decent country, and 60k extra. And he thinks he ruined his life.

>> No.22230846
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22230846

>>22230651
60k is still lots of money to lots of people. Get your shit together

>> No.22230906
File: 139 KB, 1024x769, 1594166970841.jpg [View same] [iqdb] [saucenao] [google]
22230906

>>22230651
why would you sell october calls?!?!?

jesus I've only been doing it 3 months and made 7k and went back to 2k and I learned my mistake of only ever buying calls but even I know to hold onto my late september calls.. you'll at least make some money back if not break even due to the added value other than the price itself.. jesus dude I hope when I have a portfolio that fucking big I aren't still a big retard like I am now

>> No.22230923

Has anybody here traded VIX derivatives? I'm curious about their liquidity in a spike, I don't imagine many people would be interested unless it was slightly discounted, it's so volatile, and spikes really only seem momentary. Are there greater fools to buy it when the shit hits the fan?

>> No.22231053

>>22230923
There was a TVIX bagholder here who lost big.

>> No.22231074
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22231074

>>22231053
Good enough.

>> No.22231111

>>22230377
KEK funniest shit I've seen all day

>> No.22231160

I have enough for 100 shares each of TQQQ and ARKK....

So I can grab those, hold ARKK indefinitely, hold TQQQ based on it's 20-day moving average, and sell covered calls of each for a few hundred a week on top of their own gains?

Then a couple long call contracts on something safe.

Stack SOXL up to 100 as I grow...

If I set the calls for 15% growth in a week, they'll basically never get excised?

>> No.22231213

>>22230712
>5 sell calls
Anon I wanted to do this but I couldnt even afford that many shares

>> No.22231253
File: 66 KB, 800x545, A0F218D6-1275-4A20-8B6D-6DC262ABE95C.jpg [View same] [iqdb] [saucenao] [google]
22231253

What do you buy to hedge against the tech crash?

>> No.22231270
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22231270

paging sundown of saturn, I have to tell you something important

>> No.22231295

>>22231253
Tech

>> No.22231317

>>22230702
Correct but your premium diminishes the more ridiculous your price is.

>> No.22231323

>>22230712
So, as long as SOXL doesn't reach $315 in 2 weeks, you get $2.95×500 while losing nothing.

That's a lot..
But also a lot of SOXL to begin with.

>> No.22231346
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22231346

Bought TSLA at 475 post split. Will hold with diamond hands.

>> No.22231360

>>22231346
Ahahahahahahahahaha you are so fucked

>> No.22231372
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22231372

>>22231253

>> No.22231374

I swear one of these days I am going to create an ETF that inverses Softbank.
https://www.wsj.com/articles/softbanks-bet-on-tech-giants-fueled-powerful-market-rally-11599232205

>> No.22231390

>>22231346
its a long way to zero

>> No.22231414

>>22230712
Why not TQQQ if you still want to do a 3x ETF instead? TQQQ has weeklies, which should accrue more over the long run, plus you don't have to try to guess a price 1 month in advance like SOXL (i'm only seeing monthlies for it).

>> No.22231426

>>22231414
This, TQQQ IV is outstanding even for weeklies.

>> No.22231436
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22231436

>>22231253
Buy? I sell covered calls.

>> No.22231451
File: 1.12 MB, 515x781, kinda looks like a clover.png [View same] [iqdb] [saucenao] [google]
22231451

>>22231253
Gold and value
>>22231270
I have been summoned :O

>> No.22231476
File: 98 KB, 1118x756, CD3D8F83-3640-44DC-B09E-6B295C845C53.jpg [View same] [iqdb] [saucenao] [google]
22231476

>tfw didn’t invest in loafs of bread in 1950
Am I gonna make it?

>> No.22231499

>>22231476
You will get fucked by the decay if you hold vread long term :^)

>> No.22231590
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22231590

Want some more opinions frens. Am interested in adding one from each onto my portfolio.

Rank from best to worst. Which should I buy?

1. SOXL
2. TQQQ
3. SPXL

Also rank these
1. SOXX
2. QQQ
3. SPY

>> No.22231620
File: 603 KB, 800x1051, 440dd7c377c0540963891d1fd34793eb.jpg [View same] [iqdb] [saucenao] [google]
22231620

>>22231499
mold will get ya

>> No.22231655

>>22231590
>SPY QQQ SOXX
Thats as good as it gets. All of them are the best ETFs you can buy. If you don't want to actively manage, just buy these 3.

>> No.22231663
File: 283 KB, 967x663, 3A16C19C-C84A-4BBD-8998-5F785A10CE2D.jpg [View same] [iqdb] [saucenao] [google]
22231663

How do you learn how to feel the market, not think about it but feel it? So that you find your trade or the trade finds you. So that you stop thinking without falling asleep but at the end of it, your account is green.

>> No.22231685

>>22231663
Experience, knowledge, patience. Don't be greedy.

>> No.22231693

>>22231160
if you plan to do covered calls on SOXL or TQQQ expect to them exercised every once in a while even if theyre way OTM
t. been selling covered calls on SOXL and TQQQ for a while

>> No.22231706

>>22230651

get rich quick is risky, more breaking news at 11.
you can keep gambling and go to 110k or 0 or you can start investing like an adult and forget about get rich quick.Good luck.

>> No.22231710

>>22231451
Im taking a vacation and wont be online tommrow, so dont play that movie

>> No.22231728

>>22231663

Time. And immerse yourself in the market become the market.

>> No.22231770
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22231770

>>22231663
Find yourself within the eternal return. Focus on your trade, close your eyes, and draw a circle on a piece of paper. If you can draw a perfect, flawless circle in one try then you can orient yourself against time. You will remember what happened all the other times you lived that moment and made that choice, and you will know the way of correct action.
>>22231710
Ah have fun! I was actually getting a lil nervous bcuz the only copy I could find was a Russian dub with no subtitles :<
This mayhaps gives me time 2 torrent it and google drive

>> No.22231795
File: 497 KB, 960x951, 1584807008626.png [View same] [iqdb] [saucenao] [google]
22231795

>>22231590
1. ARKK
2. TQQQ
3. SPXL
4. SOXL

1. ARKK
2. QQQ
3. SPY
4. SOXX

Also don't fuggin' crop my images unless you want the bop.

>> No.22231867
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22231867

>>22231795
>ARKK
>10% Tesla
fug :D

>> No.22231919
File: 64 KB, 480x320, 1549866681520.png [View same] [iqdb] [saucenao] [google]
22231919

>>22231867
AND THAT'S A GOOD THING

Unironically.

>> No.22231988
File: 1.66 MB, 480x270, 1596624468511.gif [View same] [iqdb] [saucenao] [google]
22231988

>>22231663
pure TA strat. For serious. I'm looking back at my performance on the march rebound to last week here, comparing what i actually did vs what my ta stuff said i was supposed to do. Conclusion is that if i gad traded exclusively based on the chart and not attempted to improvise with opinions about what i thought the market was doing in a news/economic situation sense, i would have outperformed myself by.... 40%. FORTY PERCENT left on the table. All because i was trying to be a smarty pants.

I'm going to make a sign and frame it and hang it on the wall next to me monitor. It will say: DON'T BE A SMARTY PANTS.

>> No.22232051

>>22230793
God I wish I was comfy with Aoba

>> No.22232071

>>22230923
It’s mostly speculation for me but I’ve been buying UVXY and telling myself it’s a hedge.

>> No.22232075

>>22231988
I've tried making a TA strat before, but I couldn't get anything that I felt worked while making a good enough profit. I'm a programmer by trade, so I wrote scripts to backtest the strategies across the last 20 years of data for a dozen or 2 big name stocks, but the best I could come up with was an average of 1% return per trade that lasted on average 15 days. I think it was about 20-25% return a year. At that point, buy and hold was probably better...

Is yours actually pretty good or just lucky because of the huge bull run since March?

>> No.22232140

>>22231988
I’ve been studying TA and what I know so far, only on a big drop does it not work because there are no dip buyers after they get used up. So I should be able to do better incorporating this into my strategy. Also want to make sure to know the FA because I think this comes into play here. I also need to be more patient, make sure to check all indicators throughly and be confident when I declare it a investment/trade.

>> No.22232228

>>22232075
I was talking to this programmer who is creating his own algo and they say that they can get 50% or better with this algo using a simple TA strategy.

>> No.22232274

>>22232228
50% return a year? That's pretty good, but unfortunately I haven't been able to find the right combination to get that much.

>> No.22232410

>>22232274
Eh no, it was the algo being correct over 50% of the time. He didn’t give me how much he was gaining on it or percentages year over year. I’m just thinking about this and think that you could add more than one simple strategy with better success. The way an algo could recognize patterns faster with no emotion, in then out when pattern says, sounded like an advantage to me.

>> No.22232506
File: 1.82 MB, 2048x3072, 1595844708047.jpg [View same] [iqdb] [saucenao] [google]
22232506

>>22231253
Xiaomi saved me from going red
I love china now

>> No.22232519

>>22231476
Sell deep OTM bread/pastry calls.....

>> No.22232549

>>22231323
Yep, it's pretty cool. I have another 5 calls in reserve so if we do reach 315 I buy those 5 calls back and sell 10 at a higher strike price so I don't lose any money. I usually start with 3 at the beginning of the month, then roll to 5 then roll up to 10 as needed. It's good for a few thousand extra a month.
>>22231414
>Why not TQQQ?
The SOXL underlying is SOXX and the underlying of TQQQ if QQQ. Although TQQQ sometimes outperforms SOXL, SOXX almost always outperforms QQQ. The reason that doesn't always translate into SOXL outdoing TQQQ is SOXX is very volatile which hurts 3x leveraged ETF gains. However I have a strategy that plays off of that volatility thus requiring me to be all in SOXL hence why I don't have any TQQQ. For people who are just buying and holding TQQQ may be better

>> No.22232601

>>22230572
keep buying calls - when market makers sell you a call they have to buy shares to stay delta neutral, this drives the share price up.

>> No.22232720

>>22232601
Not all the time, sometimes they hedge with going short a put as well but they prefer to stay gamma positive so most of the time it is a share.

>> No.22232818

Anybody know if futures will be trading Monday? I know they open Sunday but sometimes they close early on a holiday

>> No.22232860

>>22232818
I figured it out. Regular hours Sunday but Monday they close at 1pm eastern time then re-open at 6pm

>> No.22232913

>>22232720
>they prefer to stay gamma positive
why?

>> No.22232975
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22232975

>>22232913
Why wouldn't you want to be?
Most market makers are trading on volatility, a positive gamma and a delta neutral position will be profitable in literally any direction it moves. They want stocks to move as much as possible, if you have a positive gamma position then, you make money when something moves.
Of course when you then have a positive or negative delta position after the price move, you rebalance your delta position to be delta neutral again, but still remain gamma positive, this locks in the previously made profit from the price swing. This is called gamma scalping and is the main thing market makers in options do.

T. Works as a trader for market maker in options

>> No.22233082

>>22232975
based assistant MM anon

>> No.22233089

>>22232975
I've been exploring neutral trading strategies lately, would you say gamma scalping is feasible for a retail trader? As I understand it, the absolute key in this strategy is you have to buy "cheap" vol or else vega will eat into your profits. What sort of tools do maker makers have to accurately access current vol so they know when to take a position?

>> No.22233257

Who here is boomer investors who never sell?

>> No.22233292

>>22232975
Why can't most of Wall Street beat the market? Surely they're not this bad at what they do.

>> No.22233361

>>22233292
I’m going to speculate and say it’s because of days like this last Thursday and Friday.

>> No.22233379
File: 89 KB, 600x600, 12348923581.jpg [View same] [iqdb] [saucenao] [google]
22233379

Is paying $60 for CK3 a good investment decision?
https://www.strawpoll.me/20890198
https://www.strawpoll.me/20890198
https://www.strawpoll.me/20890198
https://www.strawpoll.me/20890198

>> No.22233441

>>22233292
Projecting (short term) growth is a game of telephone based on ultimately what companies themselves report which, in addition to being possibly biased, are also in and of themselves innately unlikely to correctly guess their own future.
Market tracking funds are so powerful because they basically leverage the self cleansing and self selection of winners for free just based purely on the price and long term trends.
But a lot of funds aren't trying to beat the market in terms of returns, something that isn't talked about often. But it is unfortunately what is telegraphed by mutual and now hedge funds.

>> No.22233523
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22233523

I think my govt wants to kill me

We have to work in shifts at this one company and last week a coworker died at the age of 61
at first I didnt really think much about it but then I looked at the death notifications at our computers, everyone who worked here and died is listed there, even the ones who are already retired

80% died between the age of 60 and 64 so they werent eligible for their state pensions

is "shift work" a plan of the govt to kill us and take our pensions? haha that would be so fucking weird right? maybe Im just thinking too much...

>> No.22233576

>>22233257
Right here.
I only ever buy new stocks/ETF, and don't plan to sell most of it for years to come.

>> No.22233625
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22233625

>>22230281
the media said institutional investors were divesting into cyclical markets. does that mean miners? what does that mean pls help.

>> No.22233638

>>22233576
What are your holdings? I’m trying to add an industrial and a retailer because I don’t have any in those 2 industries

>> No.22233643

>>22233082
Not an assistant but just started as a full trader after being a junior
>>22233089
It's feasible but it's not very profitable if you don't work with 100s of contracts at the same time and are able to buy and sell 100s of stocks as underlying.
Also as a market maker we get very very low transaction costs and fees because we quote a certain amount of stocks and options ourselves which makes the brokers give us lower fees.
>>22233292
Well our profits aren't dependent on where the market moves, as long as it moves we're happy.
Last year our profits weren't that high he abuse the swings weren't very high and neither was volatility, barely made above 70k last year (30k bonus, 40k fixed) and this year we're already on the way to have a very good year with an average bonus for traders between 400k and 1.5 million depending on the rest of the year.

>> No.22233649

Feels weird not owning TSLA any more. What's the next thing to throw cash at, Palantir?

>> No.22233684

>>22233089
>Accurately assess current vol
We have our own models and we use the quotes other bigger market makers quote to determine what vol they use in their valuation of the options.
Then we manually adjust it here and there as well as the skew to set prices accordingly.
Although we really do put in a lot of manual orders if we think it's necessary and if we want to build down or build up our delta position if it were to be more positive or negative than we desire it to be.

>> No.22233733

>>22233649
Palantir is going to be one hell of a meme ride. The company's balance sheet is bad, confusing, and opaque, yet is headed by the real man that made PayPal and first major investor in facebook.
If you are addicted to the rodeo, that will be your fix until first earnings probably.

>> No.22233780

>>22233638
>industrial
I've been looking for a decent investment myself. I saw some people mention CARR, and it seems pretty solid investment.

>retail
I guess BABA and AMZN?
I've also seen a number of articles mention JD, and HD could be a promising growth stock, depending on how big you think the growth in home improvement is going to be, due to people potentially taking the opportunity to work from home to live in their own house outside the big cities.

>> No.22233846

Is this dip over now?
I everything is crabbing since friday.

>> No.22233870

>>22233089
Also when to rehedge to become delta neutral again, there isn't really a program for us that assessed when the optimal time is to do so, but you can always set it up in the morning to automate it for you where you set the thresholds to say to the system at how much profit you want to scalp the gamma again.
But doing it every small move in gamma and delta obviously wouldn't be very profitable so it comes down more to personal choice.

>> No.22233956

>>22233870
>But doing it every small move in gamma and delta obviously wouldn't be very profitable so it comes down more to personal choice.
I think learning how to effectively deal with chop is what separates the 1% successful day traders from the rest. It really all boils down to that. Learning how to do that opens up a lot of strategies that otherwise are pathologically unprofitable

>> No.22234058
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22234058

Thread theme:
https://youtu.be/QsR8zBh6EdE

I have 33k in liquid cash to throw into the money pit if the suffering continues next week

>> No.22234062

>>22233956
Personal choice as to what percentage of profit you deem is alright, gamma scalping is done fully automated, you just change the preferences of when it's supposed to do it.
However, people that daytrade themselves or people that gamble with options or think covered calls are a feasible strategy for a good income are literally laughed at market making firms. We can see when someone puts in a stupid quote and we immediately take it to our advantage.
That's the main difference with firms that trade on volatility and people that trade because they hope.for a good.move in the underlying for their position to gain money.
The best strategy is to not be dependent on the direction of the move, but as long as it moves you make a profit.
Just be gamma positive and delta neutral and gamma scalp when you're comfortable

>> No.22234236
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22234236

>>22230281
i hope you /biz/raelis followed tradition and sold the dip right before it recovered.

>> No.22234238

>>22231590
I suggest any combo of these and a cheap emerging markets ETF.

>> No.22234273
File: 61 KB, 1024x1024, smoothbrain.png [View same] [iqdb] [saucenao] [google]
22234273

>>22232506
>x*aomi

why are chinese telecommunications companies so unappreciated here

>> No.22234290

>>22234273
Because they're shit

>> No.22234322

>>22234290

>literally supplying 3/4 of the world with phones, including becoming a contender in europe

Sure. Are US anons just insulated?

>> No.22234426

>>22234062
>think covered calls are a feasible strategy for a good income are literally laughed at market making firms
care to elaborate? I know a lot of people like to use the "wheel" where they sell a put, get assigned, sell covered calls to collect premium, is that considered a joke in the professional world?

>> No.22234445

Had a dream where I bought a few hundred shares of a champagne company stock to see it go +3,000% but I didn't cash out and then it crashed back down
How do I short my sub-conscious

>> No.22234494

>>22234445
use a gun

>> No.22234519

>>22234494
In the mouth not under the chin right?

>> No.22234726

>>22233780
I was thinking between CAT and one of the railroad companies for an industrial, and I’m still juggling WMT TGT and HD

>> No.22234727

I sold puts. Until expiration my portfolio value fluctuates. Why? I'm 100% cash and don't hold anything, how come it fluctuates?

>> No.22234817
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22234817

>>22234426
In a bull market, 30 delta CCs make less money than buying and holding.
In a bear market, selling your shares is better than CCs.
What CCs do is increase your probability of actually making money. If your underlying moves up to the point where you get exercised then you still profited, just not as much.
If the underlying moves down then you would have saved more money just selling your shares rather than your 30delta CC, but the CC resulted in more money than buying and holding.
>>22234727
Because the value of your short put is fluctuating. Your unrealized P/L factors in the cost of buying back that put at that moment (aka net liquidity).

>> No.22234848

>>22234322
>3/4 of the phones in Europe
Highly doubt that Xiaomi and other Chinese phone companies that sell under their own name have a 75% market share of LG, Samsung and Sony are still being bought more combined than all Chinese brands together.

>> No.22234862

>>22234848

>>literally supplying 3/4 of the world

Read what I wrote nigger

>> No.22234916
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22234916

>tell newfag not to play with options they are only for insider traders
>get called a faggot by robbinhoodies making money on TSLA 2000 calls on biz

>> No.22234939

>>22234062
This is very interesting. So basically, I know I have a lot more studying to do but I buy a straddle and buy or short the stock as needed to stay delta neutral. This staying neutral is gamma scalping?

>> No.22234960

Why the fuck did AMC go up so much?

>> No.22234973

>>22230923
VIX options seem to have good liquidity. IV is super high, though, which mellows out the swings.

>> No.22235004

>>22234939
Ok basically Gamma scalping is this.
It's when you were in a delta neutral position after you've bought a straddle and sold/bought stock to stay delta neutral when having bought the straddle, then after the underlying moved you have made some money because of the move, then after that move you can see your delta isn't 0 anymore but it's positive/negative now because of the positive gamma you had, now you have to get back to a delta neutral position buy either buying or selling stock if your delta became negative or positive.
This is a preferable strategy over using other options because stocks don't have gamma and can't influence your gamma position if the underlying were to move even more.

>> No.22235058

What about CSCO, is it a good stock at this price?
Their revenue is falling (it's always cyclical, or so I heard), but the margin is really high, good balance sheet and a modestly high dividend at this price. I know value investing sucks, but doesn't it actually look cheap at this price?

>> No.22235097

>>22234916
They work for momentum stocks and short squeezes

>> No.22235163

>>22235004
Thank you very much for explaining this.You just opened up a whole new world to me.

Could I even open to buy a call, then short the amount of stock needed to become delta neutral or vice versa for a put? Or would straddles be the better way to go? I’m still trying to wrap my head around this. So not fully grasping it but I’m starting to understand what you are talking about and this is awesome

>> No.22235208

>>22235097
>relying on complete divergence from fundamentals

risk vs rewards aren't there, short squeezes are a meme artifact of a FUBAR economy

>> No.22235209

Honestly stock market is a ponzi. New cool altcoin I found is jpow (already almost 100k market cap)

https://jpow.money/

Here's how it works.

Every 24 hours, 8% of the total supply worth of coins are minted. That's $10,000 up for grabs right now, that can be yours in 24 hours.

When you stake your tokens (you only need 150 tokens or ~$175 worth to get a nice stake right now) you win the pool.

So hypothetically Chad can put $175 (150 tokens) in right now and make $4500 (4000 tokens) in just 24 hours when the voting period ends.

>> No.22235281

I love how 99% of the threads on /biz/ are crypto related, but people still shill crypto nonsense in here of all threads.

>> No.22235293

who the fuck pays these retards that come into smg to shill their shitcoin?
give me the name

>> No.22235333

>>22235281
>>22235293
Unironically can’t find the smg thread without search.

>> No.22235399
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22235399

>>22235293
Rakeshkumar Patel from Gujmarapad village, hes in Hyderabad call center at the intersection of 4th shitting street and 73rd shitting street

>> No.22235418

>>22234726
>CAT and one of the railroad companies for an industrial
I was always under the impression that the US is not exactly a 'railroad nation', so I am not sure how rosy their future looks. Even Dems don't seem to put a lot of emphasis on making public transport in the US not trash. A manufacturer of railway cars I could potentially see, though they would obviously sell most of their products in Asia and Europe.

>WMT TGT and HD
I'm not American, so it's a little difficult for me to estimate which of these companies seems the most promising from afar, but generally I think a lot of retail is moving online, so a supermarket chain should expand their business in that direction. The only exception could be something like HD which, by the very nature of their products, might be more of a hassle to order online.

>> No.22235463

I feel ill and I barely lost anything

>> No.22235554

>>22231374
>>22230337
The worst thing is that's softbank isn't even a fucking bank.

>> No.22235629

SQQQ bros
TECS bros

Where you AT BROS? The crash is going to be ORGASMIC

>> No.22235644

>Subversion of scam artists or pump and dump desperationists.

Reminder: If you see any shitcoin being shilled in a Stock Market thread, absolutely do not burn your money by buying any. This message is for those that want to make it.

>> No.22235789
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22235789

What does this mean?

More softbank manipulation?

>> No.22235828

>>22235789
Kind of sort of. He's trying to literally make and mover markets in a direction beneficial to him. I feel like Masa Son is making aggressive revenge trades to make up for the dishonor he brought upon himself with the WeWork fiasco.

>> No.22235878

How do I follow Masa-kun's options?

>> No.22235921

>>22235828
Right... since he is selling puts aggressively during a time SoftBank was once again tanking the market thus pushing the puts outlook much higher

However, died this also mean he feels there’s no way aapl will dip further than 95?

>> No.22235934

>the absolute state of Tesla investors

>> No.22235949

>>22235163
Yeah of course that's also possible, but a straddle gives you more gamma to work with because a call and a put with the same contract specifications have the same amount of gamma, whereas a stock doesn't have gamma

>> No.22235954
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22235954

>>22235789
>>22235828
>>22235921
Wtf

>> No.22235957

>>22231253
JPM. Hedging against tech is dumb though. We are only about 1 week behind where we were. Unless there is another sell off, which doesn't seem likely it's just going to rebound.
Welcome to the K-shaped recovery
>>22231590
TQQQ is genuinely all you need
>>22231919
>>22231867
If you want high exposure to TSLA get FNGU or just do TQQQ + individual TSLA shares
>>22233625
It means boomer stocks
>>22233733
I am pretty sure Planatir is actively trying to kill me. But I already invest in lots of things I hate so why not
>>22235828
This nigger needs to stop paying with my money

>> No.22235995

Trying to think like a hedge fund....they'll likely go Blue chip, recovery stocks. I'll probably do that & mix in some SPAC plays as well.

Nasdaq doesn't seem like it's going to run up like before, at best Crab, most likely going downward....So no TQQQ or SOXL...

>> No.22236026

Anybody here a full time succesful daytrader?

If so how much do you trade with and how much do you make

>> No.22236036

>>22235995
Sept doesn’t look good but October has a lot coming out

>> No.22236043

>>22235995
uh why? You think that banks, real estate, and retail are going to outperform FAGTMAN? Just because some zipper head rigged the game and dumped on thots? I don't think so.

>> No.22236103

>>22236043
What's the upside of Nasdaq at this point? Very little at best. It's already made highs at such a rapid rate.

I'm thinking hedge funds are going to purchase Carnival, Boeing & other recovery stocks.

I've already seen most of it with stocks like CAKE & DIS.

>> No.22236121

>>22236103
Airplane stocks look like a pretty safe bet for the next 2-3 years. Once the covid mess sorts out people will wanna fly.

>> No.22236201

>>22236121
I wouldn't even mind doing call options on Airplace stocks.

The downside is little & there's plenty of upside left once a vaccine happens. Investors & traders will hop on stocks like American Airlines and make it rise 50% in one day on vaccine day.

>> No.22236221

>>22235208
Implying we are not in a clown market where trash stocks like Kodak moon

>> No.22236226

>>22236043
Did you miss the part where the entire tech rally from march has been fake and gay, driven by manipulators like SoftBank?

>> No.22236271

>>22236121
Airlines are notoriously horrible at making money and won't see a return for a long time.
>>22236103
What's the upside of nasdaq? FAGTMAN,
Tech will continue to grow. Tech has invaded every single part of our lives from business to recreation. It is borderline inescapable.
We are only 1 week behind from where we were on tech after a huge run up + sell off and you already want to head for the hills?
I'm buying more TQQQ. Tech companies had huge run ups well before and they will continue to have huge run ups well after.
I don't see the appeal in boomer stocks and I really don't see how they ever become favorable.

>> No.22236316

>>22235921
>>22235789
Anyone make sense of this?

>> No.22236325

>>22235004
>>22235949
What is the preferred structure for gamma scalp? Straddle? Or can you do it other multileg (or even single leg) options?

>> No.22236354

>>22235418
If I were to invest in a railroad I’d pick CNI. Basically has a monopoly on the Canadian rail system.
>WMT TGT and HD
WMT is making moves to online retail and has been for some time, I haven’t really done any DD on any other major retailer yet but just looking over their charts and ratios they all seem to be doing pretty good right now even with the shutdowns

>> No.22236400

do any of you guys actually make any trades off of the unusual whales twitter posts? how useful/accurate is that shit?

>> No.22236421

>>22236271
Well, I can tell you the upside is little and downside is very big. Tech was awesome for 6 months. Situations change, tech will make money, but those Stock Split gain days are likely gone.

I might get into "Home Building" stocks like Home Depot. With all these people moving into suburbs, it'll likely make Home Depot & Lowes some $$$.

I need 2x, 3x, 4x. Tech is not the place right now for that.

>> No.22236433

>>22236226
Yeah, that's why even Buffet is 43% AAPL. That's why we are only at prices from August 24th after 2 big sell offs. A lot of retail investors are probably just sitting on the sideline waiting for Tuesday to happen and see where it goes.
Fundamentally in terms of the economic situation nothing has changed therefore asset prices are only going to continue to rise.
Unless there is huge progress made w/ vaccines resulting in a full re-opening of the economy with no crowd restrictions etc then it's going to be a K shaped recovery with tech leading the line up, while SMEs get destroyed and boomer stocks crab around.

>> No.22236458

>>22236421
>I need 2x, 3x, 4x

sounds realistic...

>> No.22236459

>>22236421
3x tech is actually the only place to be right now.

>> No.22236517

>>22236201
Being paranoid here but there's a movement on the left that hates air travel cause of global warming... So idk what the endgame would be for that

>> No.22236519

>>22236459
Maybe in 1-3 year depending on the company.

What's going to 2, 3x RN?

It ain't Tesla, it ain't Apple. It ain't Amazon. Their prices are pretty much factored in for the next several month.

>> No.22236550

>>22236519
All of them but 3x tech refers to 3x bull etfs, I feel like you're new here especially with that spacing

>> No.22236572

>>22236519
TSM is a 2x within a couple years if Samsung keeps falling behind. TSM would be worth $150 right now if the FUD with China wasn't a thing.

>> No.22236625

>>22230651
Start a divvy portfolio (HIX, PSEC, ARR) with $40000 and leave it on DRIP and forget about it. Take the $20,000 and start a new growth account. Buy blue chips, LUV, PLUG, and VALE

>> No.22236635

>>22236517
They're such a low population of them, it won't be an issue.

If people are thinking "AIRLINES ARE IN DEBT". I say "WHO CARES?". When a huge catalyst like a vaccine happens, it will be a huge green dildo day for recovery stocks.

If I had to pick a date, November 1st. My guess is Trump is going to announce a vaccine prior to election day....which is fucking genius political move.

>> No.22236638

>>22236325
Depends on your current position and if you're willing to only go in calls or puts and how you want to rebalance Delta's.
Really there isn't a right answer that's a golden rule it depends on you yourself and what you're fine with.
Didn't look into past performance of only scalping using stocks after straddles or after only a certain type of options but it mainly comes down to looking at my current position in deltas and gamma to see if I want to increase or decrease my gamma position, but of course more gamma is preferred because it reduces the breakeven price and difference in the move of the underlying at when you're gonna make a profit after taking costs into account.
Going short on stocks also means paying a short stock fee which can be costly.

>> No.22236660

>>22230281
Now that crypto is dead whats the best website for fractional boomer stocks for europoors?

>> No.22236661

>>22236550
I know what you're talking about. TQQQ, SOXL type ETF's. I like them long term as well, but not for the next 2 months.

>> No.22236674

>>22236635
Yea true, it's just odd. It's literally mass travel

>> No.22236694

>>22236635
Airlines could be in debt as much as they want, it doesn't matter. The government will bail them the fuck out regardless.

>> No.22236713

>>22230834
I got into sqqq half way down yesterdays dip and then got JUST'd by the end of day recovery. Am I going to be rich if I just hold it a couple more days?

>> No.22236770

>>22236713
we'll all find out on tuesday

>> No.22236771

>>22236661
Well, the fun thing about investing is you can put your money where your mouth is. I'm holding strong and will continue to buy tech. All you have to do is back test TQQQ vs any other index you want and see for yourself. The run up in March, regardless of how artificial it may have been, doesn't change what tech has done over the last 10 years. I'm sure during that 10 year run there was lots of market manipulation, sell offs, flash crashes, and big run ups as well. There is no reason not to be 100% tech right now and my positions will reflect my thesis until something shows me a substantial reason why it would be any other way.

>> No.22236773

>>22236660
Isn’t crypto dying a sign the market is going down

>> No.22236818

>>22236713
>>22236770
Probably not. We are only 14 trading days behind ATHs. We recovered a lot of ground on Friday. I agree Tuesday is going to be the thermostat for a lot of people though.

>> No.22236823

>>22236771
In the long run it'll probably work out if you go all tech and HOLD, but there's always that oof factor of what if shit really doesn't get back to normal

>> No.22236827

>>22236771
I'll likely join along in a couple of a couple of weeks.

Just curious, your thoughts on FNGU?

>> No.22236830
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22236830

>>22235878
>Tesla investors lol

>> No.22236866

>>22236694
yes, the airliners will always be fine. They've even went through multiple bankruptcies on a regular basis without having to disrupt operations.

but you're not the airliner, you're the shareholder

>> No.22236880

>>22236830
Tesla not being in the S&P....Going to be a big red day Tuesday for them.

>> No.22236893

>>22236635
>Trump is going to announce a vaccine prior to election day....which is fucking genius political move.
I feel like there wont be a vaccine ever. There wasnt one for SARS and corona is a member of that viral family.
>>22236773
This looks exactly like March. Crypto dropping straight down vertically along with a huge stock drop. Maybe not but starting to look like it.

>> No.22236903

>>22236880
>SOXL
Yeah this is gonna hurt, glad I went into a 3x tech bear ETF.

>> No.22236921

>>22236421
Lumber and forestry has been dipping, probably a good place to be

>> No.22236953

>>22234236
The Belgian Blue is a unique cattle breed that was developed quite accidentally in the late 1800s. An chance mutation lead the cattle to develop 'double muscling,' which occurs when the body does not produce sufficient myostatin to regulate the growth of muscles.

These body-builder animals typically have 40% more muscle mass than the typical cow or bull. Double muscling is an extremely rare occurrence. Outside of carefully selected breeds like the Belgian Blue or the Texel sheep, it has occurred only a handful of other times in animals like dogs and humans.

Animal rights activists contend that the breed is inherently cruel. Calves are usually delivered by cesarean section, as they are too large to be born naturally. Due to its massive size, the breed suffers from heart and joint problems, and can have difficulty even moving around.

Both Denmark and Sweden have both attempted to ban Belgian Blues on grounds of cruelty. From turkeys that can only reproduce via artificial insemination and bulldogs that must be born by c-section, we've created a catalogue of organisms that could never survive outside of the human environment. Think of it as triumph of co-dependence.

>> No.22236976

>>22236893
There most likely will.

You have multiple billion dollar companies working on one since March. They've also received billions in funding. It will happen. If not in the US, then in Europe.....or Russian, lol.

>> No.22236988

>>22236893
I will start getting nervous when btc reaches 8k

>> No.22237039

>>22236823
>shit not getting back to normal
Well, that's exactly what I am counting on just in a different context.
I believe we are in early stages of dystopia. The flavor of this particular one is corporate / big tech.
I think that corona lockdowns have basically gotten people to accept 'the new normal' faggotry. The end result is going to be the death of many SMEs while big corporations widen their lead. All businesses will look for ways to digitalize / downsize. That was already happening but Chink Flu really sped that process up and cut through a lot of the PR blowback companies would receive had they done it on their own but Covid makes a nice shield for why your job is automated or outsourced remotely.
Tech is the only way mega cap companies are able to achieve this. As a result of this tech companies will obviously grow and increase their market share while using their profit to expand into other markets and diversify their revenue streams. Basically FAGTMAN is taking over the world and your best course of action as a regular ordinary person is to simply profit off of it so that you don't get left in the dust living off UBI and food stamps while living in your mongrel infested pod chamber.

>> No.22237052

>>22236976
>You have multiple billion dollar companies working on one since March. They've also received billions in funding.
Yeah it certainly is focused on by everyone but science isnt always a matter of money and teamwork. It takes a lot of time sometimes. The higgs boson was suggested in 1964 and wasnt observed until 2012. Billions spent there and took them a while.

>> No.22237121

>>22237039
That's entirely feasible. Honestly it makes a lot of sense considering my view on technology in general. The increasing automation of society leverages wealth inequality. Groundwork tech like AMD, NVDA, MSFT, etc, lay the data/information background for the interconnectivity. Then you have futurists like Tesla and Elon's other companies that drive the tech forwards on this groundwork. They'll dominate traditional economy sectors simply by applying future shit to it.
There's also another thing I'd like to add about the risk of collapse - If tech collapses, like permanently, it won't really matter that you have lost your investment since you'll be hurting for food and staying warm by burning dollar bills.

>> No.22237122

>>22236880
Etsy over Tesla. Just
I'm still holding though, people have short memories.
>>22236827
I hold it but I won't be acquiring anymore.
It is too affected by whatever TSLA does and TSLA is a shaky play at best right now. TQQQ gives you a lot of the same exposure but is less affected by TSLA movements.
If FNGU reorganized it's holdings and cut it's TSLA position or even kept it the same but dropped Twitter and Baidu for Microsoft and literally any other A grade stock I'd be all in.

>> No.22237163
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22237163

>>22237052
If we don't have one soon, we'll just take the Russian version. You can trust them, right anon?

>> No.22237189

BHLB - this looks very tempting. A bank that's under 10 per share that before the virus was going for over 30. So x3 ing my investment. Plus getting a nice divvy. I dunno but it looks to me this has greater/shorter time to hit least 25 than Apple does to hit 300. Only 2 years to go before I turn 40. I wanna see 100,000 before that date.

>> No.22237235

>bank reveals they were poomping and doomped on everyone and made a lot of money
>even pulling all their money they only managed to set tech back 11 days worth of gains
>people freaking out and crying that it's over for tech
How do you not see how bullish it is that a market manipulator pulling the rug on everyone only managed that, especially how tech started Friday down almost 10% but ended up coming back almost even from the night before by close?

>> No.22237248
File: 27 KB, 606x255, file.png [View same] [iqdb] [saucenao] [google]
22237248

but this is kind of misleading right? it also ran up alot too

>> No.22237249 [DELETED] 

>>22230281
Join our discord server using this invitation code: MME3PZ

We discuss IPOs, ICOs, dividents, options and politics.

>> No.22237262

>>22237121
Basically my same thought process. There isn't really like a 'moderate' tech level we can just live with. Either tech keeps going, keeps pushing, keeps 'innovating', or it all goes bust.
I'm not talking about some dot com bubble either. It's either Uncle Ted anarchy-primitivism, cyber punk dystopia, or some kind of civil war pops off and out of the carnage we get National Socialism which is able to use technological advances to aid in our and expansion as a race into the universe. Whites only though :^)

>> No.22237292

>>22237248
Yeah we are back to August 24th price levels lol.

>> No.22237309

>>22236121
>Once the covid mess sorts out people will wanna fly
It’s hasn’t even been a year yet. I’m not touching airlines

>> No.22237321

>>22237262
unless we somehow go back to being cavemen and losing collective current human knowledge, then tech will continue growing, no way around it

>> No.22237341

Help. This is a new feel and I don't know what do to with it.

My stock has gone way up and I want to buy more still because growth and stuff. Is this a bad idea? Is it priced in now and a larger position with a higher DCA is dumb?

>> No.22237342

>>22237122
I have no clue why they fucked Tesla. Etsy over Tesla...Must of been some short sellers on the S&P committee.

>>22237121
Technology is definitely the future; however there's got to be other sectors that will be part of our future. Things like Genomics, 3D Printing...veganism (yes it's growing, especially amongst women).

>> No.22237380

>>22236638
Ok so to stay neutral, I have to balance delta. Which means there is costs, that I need to have enough extra ready to go in my account for this strategy, but it covers theta burn and you can make money on either direction the stock moves. Then, the moment you’re at an advantage, that covers your costs and you’re making a profit, you exit the whole position. No reason to not close the position and keep rebalancing delta neutral at this point because you could lose your gains on gamma, right or is there? So the only way you don’t make a profit is if the stock doesn’t move? So you want a volatile stock for this and is why high volume is preferred?

>> No.22237394

>>22237321
There are middle grounds. See the fall of the Roman empire. There's a lot of room there for you to live out your life broke. But honestly ,given how human civilisation works now, any roman-tier collapse is going to result in 4 billion people not having food delivered to them. It's not going to matter if you have 4 dollars or 400,000 in this case. Only 4 billion+ will matter.

>> No.22237398

>>22237235
Do you think they were the only ones doing the PnD? They just took a head start out of the door, which will make all the other market makers holding massive bags more anxious to exit.

>> No.22237411

>>22237309
Why? This Chinese Flu has a low death rate, rates are also Cheap as fuck. Just don't visit your parents for a couple of weeks.

>> No.22237442

>>22237341
averaging up when you believe the company will continue to grow is not bad

>> No.22237457
File: 69 KB, 645x531, SQQQ 6 months.jpg [View same] [iqdb] [saucenao] [google]
22237457

>>22236713
it's usually not a great idea to bet on down instead of up in the long run. you should really only hodl long.

>> No.22237487
File: 213 KB, 750x570, E271F8F2-7C02-419F-AB65-1EDA16D6C751.jpg [View same] [iqdb] [saucenao] [google]
22237487

these cucks

>> No.22237509

>>22237457
Well this profits from downwards movement. If the growth is up-down with more ups than downs the SQQQ will still raise in value.

>> No.22237527

>>22237341
averaging up on dips on shit with good fundamentals are the way to go.
Averaging down on losers are precisely what spirals someone into financial ruin, look at all the people who kept averaging down

It's one thing to DCA into a dip as it's happening (on a pick with good fundamentals you are certain will be worth more after a year), but DCA does not mean blindly averaging down on a loser *as a reaction*. Look at something like ACB for example, worse and worse the longer a delusional bagholder averages down more and delays cutting their loss.

>> No.22237559

>>22236121
>>22237309
I flew recently. Pretty busy still. People are over sitting at home being afraid. They want to go places.

>> No.22237587

>>22237411
how confident are you that the general public will be willing to return to air travel?
dont forget to factor in the fact that the transition to work-from-home has pushed a lot of business related things online

>> No.22237607

thoughts on CLIS?

>> No.22237627

>>22237509
sure but in the long term stocks only go up especially tech. the chart doesn't lie. it's much more consistent to DCA through the dips and sell on the rips in whatever fashion you choose. i can hold on to a long position in a FAGMAANN company because i know it'll eventually go back up, likely sooner rather than later. i'd never hold on to a short position and short more hoping it goes back down.

>> No.22237647

>>22237380
>So the only way you don't make money is when the stock doesn't move
Correct, because of the cost associated with accumulating gamma, which is equal to theta.
So every day when a stock doesn't move and you're long gamma, you're paying theta, which becomes a bigger expense the closer to the date of maturity you get for the options, while also at the same time increasing your gamma.
>So you want a volatile Stoke for this and is why why high volume is preferred?
Well a volatile stock comes at a higher price for accumulating gamma (straddles are expensive, especially ATM, which is where a call's delta and a put's delta exactly cancel each other out because a calls is 50 and a put has -50, given a multiplier of 100).
Overall you'd like to buy a cheap straddle for stocks that didn't move much but you expect to move more, so basically where you think the market prices the volatility too low or where volatility might increase shortly (confirmed rumors for a merger for example increase volatility).
High volume is always preferred because the higher the volume you trade with the bigger the potential gains are as well, and a stock or index with a high liquidity allows you to get rid of your position if you ever need to which sometimes can be very costly when having a straddle in illiquid stocks, especially close to expiry date and you're afraid you might get exercised.
In that case you might want to consider a delta neutral product where you effectively cancel out your short position on a certain option you might have, by either buying a box or selling a box.
Buying a box means buying and selling a put at strike price K1 and selling a call and buying a put at K2 where K2>K1. Selling a box is just the other way around. After having bought and sold the appropriate amount of stocks for this to fully become delta neutral, you get rid of the risk of getting exercised at either the low or high strike price depending on which short position is at risk of being exercised.

>> No.22237689

>>22237527
split your money 6 ways and buy every 5% a company dips up to a max of 30%, simple easy and effective. also ACB is a goddamn penny stock weed stock, it's not fucking AMZN.

>> No.22237692

>>22237627
It's worth thinking about if you think tech is overvalued still. How many decades of growth do you think they can price in before it gets silly?

>> No.22237697

>>22237559
Yeah but they have to give you a full can of coke now so that eats into their profit margin. Buy KO

>> No.22237730

>>22237587
Things like Zoom meetings, are likely permanent. Companies learned that stay at home jobs are more productive than they realize.

Things like Travel are likely to bounce up quick though. Live nation events and concerts are going to be back. Planet Fitness will likely be the biggest winner as many gyms closed down. Super low competition. Almost monopolizing the market.

>> No.22237738

>>22237692
i mean you might as well ask me when i think technological progress will stop.

>> No.22237799

>>22237738
Well if you price in 200 years of tech growth, what are you even doing?

>> No.22237822

>>22237342
Probably because TSLA is a meme stock which is heavily manipulated

>> No.22237837

>>22237442
>>22237527
:^) thanks frends

>> No.22237870

>>22237189
>A bank that's under 10 per share that before the virus was going for over 30. So x3 ing my investment.
>Price memory

>> No.22237882

>>22237822
...Wonder what their reasoning is....

I'm guessing that they saw the p/e ratio and said "UHH NOOOOO!!!"

>> No.22237890

>>22237689
>also ACB is a goddamn penny stock weed stock, it's not fucking AMZN.
easy to say that now
Weed stocks lured so many retail idiots (it was my first FOMO mistake too) who didn't know what DD was and the discrepancy between the massive speculation and reality. This was precisely the bandwagon where numerous newbies "averaged down" blindly, and to a much larger scale (dozens of billions at its peak) than penny stocks like GNUS and MVIS.

I'd say it's the most recent and best example of retard retail hype. At least TSLA is actually turning a profit and showing exponential growth so I can't say its cult holders are wrong. Meanwhile I can't think of a single weed stock that's managed to turn up a profitable quarterly besides Aphria.

>> No.22237933

>>22237799
you honestly believe AMD's price right now reflects what it will do over the next 200 years, dude? cmon now. management is still top tier, cult status is still solid, intel is shitting the bed and will continue to for the foreseeable future, new graphics card and consoles coming out by the end of the year. it will guaranteed be reaching new ATH's by then, that's all i have to know. you could make similar cases for many other FAGMAANN stocks. strong economic moats and good catalysts around the corner, that's what drives prices.

i don't even mind crabbing, actually crabbing is good for me and the market crabs like 80% of the time anyways. but if you're honestly gonna bet against tech in the long term idk what to even say to you. call me when the fundamentals change and companies are no longer innovating.

>> No.22238024

>>22237882
I warned retards in here all last week about Tesla an dthe PE ratio and they attempted to mock me. Its so fucking funny to watch these dumb meme tech investors crying now.

>> No.22238115

>>22238024
I bought 2 shares and I'm financially ruined forever

>> No.22238125

>>22236976
It will probably be just a Corona vaccine, just like the flu vaccine. At best covers one or two flavors of Corona and good for maybe six months at best. Looking at all the steep whe wear a mask I'm sure it will be a financial success, but realistically it's little different from the flu vaccine. I always get my flu shot but I won't even consider getting a Corona shot until we're at about the 10th version about 5 years from now. The flu sucks but it only kills unhealthy people, the absolute lowest scum we shouldn't allow to live in the first place. I get it because the virus is a mild inconvenience, just like Corona. Ethics are thrown out the window with this harmless meme virus and call me selfish but I've no interest in being on unpaid science project for some kike who wants to protect boomers and niggers.

>> No.22238151

>>22238125
Corona doesn't mutate like the flu does, corona is gone.

>> No.22238156
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22238156

>>22238024
>But Battery Day is soon!
>IT'S A TECH COMPANY
>IT'S GOING TO BE INCLUDED IN THE S&P!!!

>> No.22238200

>>22237890
i understand your point but it's a bit disingenuous to compare a stock centering around a substance which is still illegal on a federal level in the US and in many states that probably isn't making any money at all yet (i don't know shit about weed stocks in this regard btw im just assuming that because of the legality thing), vs. blue chip tech companies who lead the S&P in growth and have some of the strongest economic moats in the world with the best management, cult status, brand loyalty, and consistent innovation every year.

and for the record i still don't trust TSLA, im glad they weren't included in the S&P and they're probably similar to the weed stock shit in all honesty (except at least what they sell isn't illegal, it's just vaporware). i look at them as a very expensive penny stock run on hype and hopium. i just profited off of the split hype because i knew it was guaranteed to print money, and i was right. i got out the first day after the split that it tanked from 538 in the premarket on the retracement, and glad i did. just glad i understand how to trade and have proper risk management. a lot of people got bogged because they held through that shit. and the fucked up thing? those people will probably still be fine if they just hodl long enough because it's fucking TSLA. AAPL of course is much safer but TSLA will still probably recover and reach new ATH's by the end of the year, but i bet a lot of idiots panic sold for massive losses.

i can't really see how you can look at AMD or NVDA and say "yeah, they're done, they're never going up ever again".

>> No.22238204

Corona vaccine, any such thing that gets released in October or hell this year period will be full of nasty side effects. You can't rush this shit without cutting corners... So any company that does release it, well keep it's stock on your watch list and be prepared to load up the options and make a killing when it's stock takes a shit once those side effects come to light.

>> No.22238234

>>22238200
This was a pretty big dip. How the market responds in the next week will tell us a lot about how stable it is.

>> No.22238241

>>22235554
They have financial services as part of their conglomerate.

>> No.22238242

>>22238024
the main issue with TSLA is they still don't fucking make any money afaik. comparing it to AAPL is like night and day in regards to economic moat. even if you got bogged by AAPL if you just hold im sure you'll be fine, TSLA who fucking knows.

>> No.22238251

>>22238204
It depends, normally I'd say you're right that rushed vaccines do have little trust in them for good reasons but literally 150+ companies are working on vaccines non stop and only put their focus there now. I'm 100% sure it'll be a lot safer than any other fast tracked drug would have been in normal circumstances.

>> No.22238320

>>22238242
Tsla owners have the mental capacity of a chainlink shitskin. They really are devoid of any logical reasoning.

>> No.22238327

>>22238234
i suppose, but that's why you DCA with a long bias. nothing has changed fundamentally with the companies, and you could even make the argument that as long as softbank isn't prosecuted or anything over it, they could easily just continue the same manipulation in tech again and keep buying and flipping it. there isn't really any reason to go into other shit currently. besides, a lot of people were waiting for something just like this to happen so they could finally get into these stocks because "they're so overpriced", it makes perfect sense in that regard that the recovery happened at the end of Friday as a result.

>> No.22238350

>>22236103
Hedge funds literally under perform or match the market on a regular basis, they've already been buying recovery stocks since March.

>> No.22238365
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22238365

>>22238151
I get different info from all over the place about the virus.

I like to see what happens next month. There's a decent chance it mutates based on just how fast it has infected not only people, but other animals like Tigers and dogs.

>> No.22238366

>>22238200
you misunderstand me. I am bullish on picks like AMD. I did say only average up on shit with good fundamentals.
I know AMD has a massive PE ratio that scares away idiot "value" traders, but AMD is still a better pick than NVDA who has a slightly smaller PE ratio in my opinion. Like I could just cite more TA bullshit like that PEG is better for AMD, but I definitely believe that AMD has much better fundamentals than NVDA purely because AMD has a better partnership with TSMC.

I don't really understand why NVDA is bothering with Samsung (i guess they really undercut TSMC by a lot that they couldn't pass up the easy profits), but I don't see how it could be worth it against a better partnership with TSMC when Samsung has much weaker chips (lower transistor densities such that 7nm samsung is closer to the performance of 10nm TSMC) and horrendous yields they couldn't even fulfill Qualcomm's orders (the company that makes the fucking chips on Samsung smartphones).

>> No.22238378

oh yeah what was this about
>>22222222

>> No.22238392

>>22238320
My logical reason for owning TSLA is that stocks only go up.

>> No.22238421

>>22238392
You are not welcome here at all dude , go back to your echo chamber

>> No.22238431

>>22238378
AAAAAAA fucking wasted

>> No.22238466

>>22238366
i was more referencing the "averaging down on losers" i.e. losing trades, as that's effectively what dip buying is. i highly doubt good tech companies are gonna dip more than 30% and keep going down when nothing has fundamentally changed. i usually don't take on full positions because they usually don't dip this much but it's still fine when they do it just means i make more when they recover and i always sell half at break even just in case so i can average down more if necessary.

>> No.22238509

>>22237647
>Paying theta as time goes on but gamma increases
This is how theta is covered then, as long as the stock moves for you. Since that’s what we are trying to do is profit on positive gamma. The cost and gain to be neutral is theta and gamma. Then, to profit the most on staying delta neutral is to buy another call or put, for the gamma, instead of buying or selling stock; how I’m seeing this. Any mix of buying/selling stock is lessening the risk but less possible gains as well.

This blows my mind, literally. I really appreciate the help and you explaining this all to me. Ngl the last part on buying and selling boxes, I don’t understand yet and need to start studying but I think I actually understand balancing deltas and longing gamma. I can see this strategy being really useful in buying the rumor and earnings.

>> No.22238537

>>22238365
Mutations are good in our case. Partly. Basically if corona gets into animal populations it's REALLY BAD, but if mutates in people it's fine. The reason for this is that the virus adapts to the host to become more infectious and less deadly. It did this already and we got a more infectious strain. However, what is non-lethal to a tiger is often lethal to other species, and you get species jumps and zoonosis activity.
however, corona ain't flu. It doesn't mutate as much so the immune system is actually much better equipped to handle variation since the variation is small.

>> No.22238544

>>22238366
Retards don't understand that AMD is a growth company that is turning a profit. NVDA is also a great company that is working on sectors that will be important in the future. You should own both. Semiconductors will only become more important as time goes on.

>> No.22238548

>>22238421
This is my echo chamber

>> No.22238567

>>22238466
that was said with the assumption in my head that no one in decent tech should be in a position to have to "average down"
the only people who might do that is the retards who just recognized now (lol) that tech has kept growing despite corona after it's already moved up and up for months. I have a friend like that who's refused to buy into tech since fucking May and kept buying shit like oil and retail, purely because tech was already rebounding and it looked like to them that it had no more upside potential.

The people who only started buying early this week and late August did not buy into tech because of actually knowing the fundamentals but because of pure FOMO into the AAPL/TSLA bubble.

>> No.22238569

WHAT THE FUCK WAS THAT

>> No.22238612

>>22238567
My view is that the tech spike in tesla dragged up every company, including good ones, way beyond what would be reasonable valuations for the next 2-3 years. So there's time to wait if you believe this. I want to hop into AMD and nvidia, mostly because I think these are great companies that have solid corporate performance (Even though nvidia is a near monopoly in GPUS it's still making progress. Intel got monopoly and stagnated to shit. It's a shit company). I want to get in for sure... but I can wait a year.

>> No.22238660

>>22238612
I'm at 80 Apple, 30 Microsoft, 5 AMD. Should I buy more of each or add NVDA? What makes the most sense

>> No.22238678

Bought the NAK dip, don't regret it.

>> No.22238685
File: 260 KB, 500x357, 1546096845958.png [View same] [iqdb] [saucenao] [google]
22238685

I just want a big tiddy girlfriend over long weekends like these

>> No.22238709

>>22238660
How about you diversify you fucking retard. I swear, people around here are absolutely fucking moronic. Oil and airlines are still majorly depressed from Covid and its going to recover soon and your still looking at tech.You people look at stocks in this manner

>I have apple, me like apple, me buy apple.

>> No.22238724

>>22238660
Apple... is gonna be hit hard in the next 2-3 years. Lack of demand for luxury goods is not going to be easy. But apple is a solid company and will survive past this.
Microsoft is fucking huge and into cloud and is basically unstoppable at this point. I'd say they were a boomer stock but they're into cloud so they're keeping up.. but they're a keepup company now. They take the advances and then invest in their own version of it. It works though.
AMD.. They're about to destroy intel. Honestly if there's one it doesn't matter if you wait for it's AMD. Extremely bullish. Expect a pullback to 50, even 40 if there's a big stock crash but AMD is good for 10, 20 years.

>> No.22238728

>>22238544
i don't disagree with you, but i can't justify putting money into more individual semiconductor picks when i only have the drive and time to keep up with the news and details on AMD and TSMC.

I'd personally just be blindly putting money in NVDA since I've only bothered to keep up with the developments between AMD and Intel, and not much on NVDA itself. At that point, I'm probably just better off puting my extra money into SOXX or S..M..H (fuck the filter lel).

>> No.22238757

>>22238728
NVDA is more about Machine learning hitting the datacentre HARD. All that development that tesla does with ML? They use nvidia cards.

>> No.22238758

>>22238509
No worry fren
Happy to help
Goodbye for now from market making anon

>> No.22238782

>>22238709
the problem is who fucking knows when airlines and the like are going to actually make moves, or which ones might go bankrupt. when there is an actual vaccine or something out and things are starting to return to normal, fine, but right now? just pure speculation.

>> No.22238800

>>22238782
So instead of buying and holding for a short time you are buying tech and sitting on top of a bubble mid pop. Smart money moves here folks lmao

>> No.22238823

>>22238724
>expect AMD to lose over half of its value

lmao jesus christ why do i even come here..

>> No.22238827

>>22238537
I think it's only a matter of time before it turns deadly then. Those chinks love eating fucked up animals everyday.

>> No.22238838

>>22238823
We're in the bubble of all bubbles dude. The market was in an unsustainable peak before march and basically shot past it during a major economic recession. The economy had great depression stats, there's PAIN ahead.

>> No.22238865

>>22238823
Time in the market always beats timing the market. The best time to invest was always yesterday.

>> No.22238871

>>22238757
i'll look into it. It does seem odd that I'm overlooking NVDA entirely. AMD/NVDA/TSM does sound nice. Something about SOXX turns me off, i don't feel very good about the rest of the industry even though their tech is legit (things like MU is way too cyclical for my taste)

>> No.22238894

>>22238838
if that's true i'll just go back to day trading and not accepting overnight risk, then. im not gonna invest in dying travel stocks during a pandemic ffs.

>> No.22238917

>>22238709
Motherfucker, that's 50% of my portfolio, the other 50% is a broad fucking index fund. You fucking retard, I Aksed a question

>> No.22238933

>>22238800
Well the real problem here are autistic central banks printing the entire first world into Weimar Republic 2: Hyperinflation Boogaloo, so buying into bubbles goes beyond FOMO and turns into panic buying.

>> No.22238936

>>22238894
They're recovering travel stocks. The biggest risk for these is not the pandemic but the massive intensification of wealth inequality murdering the middle class and making international travel prohibitively expensive for a larger and larger number of people.

>> No.22238946
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22238946

>>22238800
>So instead of buying and holding for a short time you are buying tech
Yes.

>> No.22238947

>>22238758
Market Maker Anon, you’re one of the good ones fren and sensei. You have enlightened me. Until next time... Have a great day, desu.

>> No.22238953

>>22238865
I actually disagree with this.

I can honestly say that if you've made calls on March 23rd on something like Tesla. It will beat timing the market anyday.

You can use 70% of stocks for this example:

Tesla, Zoom, Amazon....Calls on March 23rd, 10k would likely net you 100k+gains. 1 million likely if you put it in Tesla.

Timing the dip is probably better than timing the market or least have some cash on hand for a dip.

>> No.22238955

>>22230343
Superior taste

>> No.22238963

I just want to turn 10,000 into 24,000. Come on Apple you can do it! All it takes is another virus case spike to send investors fleeing back into tech and sending apple stock to 300..

>> No.22238965

>>22238933
Yeah, this. Everyone knows that the fed is printing their liquidity into toilet paper. What the fuck do they do? Pump stocks. There's no fucking choice. It's either that or gold and everyone knows gold is a meme, because there's a big dump when people liquidate their gold to buy into fomo stocks.

>> No.22238969

>>22238933
Well if you are afraid of hyper inflation and I am... the place to be is int he market. Just don't be in tech. Tech is the only sector wayyyyyy over price rn

>> No.22238977

>>22238953
Will you let me add the qualifier:
* Except in massive scary bubbles

>> No.22238997

>>22238709
What's this obsession with oil all about?
Even before Covid, oil companies were in decline for years. Zoom out to 5 years on e.g. XOM or RDS. At best, oil companies will go back to their pre-Covid levels and then continue their slow decline. And don't forget that you don't know how many years it's going to take, or if maybe they will never fully recover to their old levels. For long-term investing, you are significantly better of investing in SPY than an oil company.

>> No.22239016

I have like 20k in raw stocks on a special account where I only have to pay tax when I withdraw (i am in EU).

Have like 2k in Tesla, 5k in NET, 2k NIO, 4k in Apple, 2k Disney, then rest in some boomer stocks that are like the only things really green because I bought them during the march dip. Everything else quite red

Also have like 20k in s&p 500 and nasdaq ETFs.

50k in cash, should I just diamond hands everything and DCA the rest of the money into ETFs and maybe buy some stocks if the dip goes really low

>> No.22239033

>>22238997
I am in oil until it recovers 2x and then I am reducing my position.

>> No.22239038

>>22238894
Not to be an asshole...but those "dying" travel stocks made gains yesterday & Thursday when stocks like NVDA lost HUGE (See Carnival).

I think you just have to adapt. QQQ instead of TQQQ for a bit or buy some PUTS to protect your investments.

You would also be stupid not to see where the trend is going into...Recovery & SPAC's.

>> No.22239058

>>22238969
Tech is up because of high expectations backed by realistic predictions. Of course it's better to invest in Apple and Microsoft than Boeing and GE. Apple rules consumer electronics and every PC runs on Windows and its services.

The world is just starting to go fully online and digital, so these areas didn't even fully lift off yet.

>> No.22239066
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22239066

TSLA will open 10% down on tuesday

>> No.22239068

>>22231295

Unironically this

>> No.22239086

>>22238997
i dunno but im assuming that anon is falling to the price memory fallacy
It's easy for a newbie to get baited by a chart like this.
>vaccine out soon so surely airliner go back to 2019 levels!
>what is stock dilution???
im not hearing any actual points on fundamentals, just ""recovery""

>> No.22239121

>>22238965
>>22238969
PMs are manipulated, and as seen on thursday and friday the tech bubble popping will rekt every sector and country of the markets in a massive panic selloff. If some entitity didn't start pumping like crazy on friday and line kept going down, there would've been an epic crash next week and there's still a non-insignificant chance there still might be.

Because the banks are printing, jews are manipulating boomer rocks and the entire global equity market is sitting on the tech bomb hoping it won't blow, there are no safe plays at all.

>> No.22239138
File: 37 KB, 678x581, Capture.jpg [View same] [iqdb] [saucenao] [google]
22239138

>>22239086
oops. pic related.
Why are people so convinced it will go back to 2019 levels within a year anyways? 2018 was closer to its fair value (2019 profits were NOT double that of 2018). More likely it will crab upwards for a couple years while tech keeps growing exponentially.

>> No.22239143

>>22239121
Yeah I noticed the manipulation. Like for the last few weeks, there's been a dip in gold prices at 9-9:30 AM EST.

>> No.22239173

>>22230561
Yeah. This is a tiny correction. Everyone will laugh about it over the weekend, and there will be a bunch of people buying the dip on Robin hood Monday morning. These tech companies don't need to invent anything ever again. All they need to do is buy some other persons invention once a year with all the money these "investors" keep pumping in.

>> No.22239176
File: 149 KB, 1920x1080, [HorribleSubs] Joshikousei no Mudazukai - 11 [1080p]_00:14:25_01.jpg [View same] [iqdb] [saucenao] [google]
22239176

>>22239121
>there are no safe plays at all.

Boomer rocks are something I want to be at least partly invested in, for when Jerome's wild ride finally ends

>> No.22239183

>>22239066
>TECS and SQQQ will both open 10% up on Tuesday
nice

>> No.22239186

>>22239086
>>22239138

Just seeing how inflated the stock market is, it's only reasonable to assume those stocks will get inflated as well once a vaccine happens.

Some are already close to 2019 levels (See Disney).

>> No.22239215

>>22231499
Kek

>> No.22239249

SHLL back over 52. Glad I went all in on them at 19

>> No.22239287
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22239287

>>22239186
what the fuck lol, you can't equate Disney to airliners and oil
do you think Disney only gets revenue from its tourist parks or something?

how about you explain to me why airliners had a meteoric rise to February 2020's valuations when their financials weren't actually increasing as exponentially? You'd be a gambling fool to think stock price go back up to 2019 because of price memory. It's easier to just DCA money into tech with proven exponential growth. Just don't be retarded and think all tech is good. Do your DD.

>> No.22239354

I put $6k into TSLA at $392. Will I make it?

>> No.22239368

>>22236953
>Calves are usually delivered by cesarean section, as they are too large to be born naturally
imagine being born a bodybuilder

>> No.22239394

>>22239354
No you wont

>> No.22239400

>>22239368
imagine bursting out of the womb like that one alien scene but as a built baby

>> No.22239406

>>22239354
Yikes

>> No.22239415

>>22239287
Yes their financials aren't great; however we have to factor in two things:

1) Market will inflate these stocks, just like every other decent stock.

2) The FUTURE earnings as travel comes back.

We're in a bubble thanks to 10 trillion dollars printed and another 2 or so trillion coming along the way September...

>> No.22239421

>>22239400
metal

>> No.22239454

>>22239394
>>22239406
Why not? should I cancel it? Should I wait til it gets lower? I'm prepping for battery day.

>> No.22239459

New thread
>>22233031
>>22233031
>>22233031

>> No.22239460
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22239460

>>22239354
LMAO!!!

I will put my life on the line to say Tesla will not be positive on Tuesday.

>> No.22239498
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22239498

>>22239038
What SPACs are you in right now anon? I’m in LCA, SHLL and SOAC. Got any sleeper picks for me?

>> No.22239504

>>22239415
look. i'm not going to deny that tech was a bubble (not dotcom tier but a bubble by FOMO who thought tech can only go up because corona-proof), but you have to admit that your points are entirely speculation.

Tell how much money are you putting in your mouth because no one with big portfolios could risk or survive gambling like that with speculation. You might be right that clown market will give you a good pump and dump like a year later whenever corona vaccine rally starts, but you can also not put yourself at financial stagnation or ruin by investing without actual fundamentals.

you are speculating.

>> No.22239519

>>22239415
i mean it's just a lot of presumptions you have to take. that whichever one you pick will be the one that gets all of the new investment, that covid will be over soon, that the culture hasn't changed and people really want to fly or cruise a lot post-pandemic, that the one you pick doesn't go bankrupt while waiting, that you didn't get in too early while it drops another 50% or something.

i'd rather wait to make covid recovery plays when there is actually a covid recovery. you're free to do that early if you want but it's a lot of risk and potentially a lot of waiting with dead money, and if you pick the wrong one to invest in you're probably fucked.

>> No.22239524
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22239524

>>22237697
Already do.

>> No.22239552

>>22239504
>by investing without actual fundamentals
*from investing without actual fundamentals

sorry lol i am ESL

>> No.22239650

>>22239498
LCA & SHLL as well.

I'm looking into doing some DD over the weekend. Love the price of Hennessy Capital Acquisition Corp SPAC; however the company they acquired looks like shit.

>> No.22239656

Uhh, new thread plz?

>> No.22239694

>>22239656
This is the last thread until Monday night they said

>> No.22239705

The only good thing about this is weekend is watching the crypto cucks seethe about getting exit scammed

>> No.22239719
File: 192 KB, 707x583, TESLA BEARS REJOICE.png [View same] [iqdb] [saucenao] [google]
22239719

>>22239519
There's where you and I differ.

It's almost too late already for recovery stocks like CAKE. I rather hop in a little early before the Robinhood fags flood in.

>>22239504
That news about Tesla not being included in the S&P afterhours are not great for Tesla.

>> No.22239722

>>22231253
pokemon cards

>> No.22239734
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22239734

>>22239694
Oh bummer. Well enjoy you holiday friends, I'm off to gaypost on /fit/!

>> No.22239736

>>22239728
>>22239728
>>22239728

>> No.22239838

>>22233846
Markers closed dingus