[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 61 KB, 1003x564, 1003x-1.jpg [View same] [iqdb] [saucenao] [google]
52956304 No.52956304 [Reply] [Original]

TY to the kind anon who told me to short BBBY

I am up 10% now and waiting for it to tank lower. My exp date is March 15 hope thats late enough. Any other bobos around shorting BBBY?

>> No.52956333

>>52956304
>I am up 10%
HOLY FUCKING SHIT WAGMI

>> No.52956374

>>52956333
fuck off

this is my first put option im just dipping my toes in

>> No.52957344

>>52956374
good luck gambling you absolute degenerate faggot.

>> No.52957369
File: 10 KB, 340x117, TIMESAND___A4lmM96mjeeSH5lmDHCVj4FxjD7v6n74RYy7972e4zRVXRlphHl3.png [View same] [iqdb] [saucenao] [google]
52957369

BUY SHIB

>> No.52957374
File: 37 KB, 492x739, 1298749812.jpg [View same] [iqdb] [saucenao] [google]
52957374

>>52956333

>> No.52957381

>>52956374
How do you do options? The process hurts my low iq brain.

Is there an easy tutorial for retards like me?
Congrats btw op

>> No.52957853

>>52957369
Dog shitcoin

>> No.52958054
File: 546 KB, 497x700, OP01062P.jpg [View same] [iqdb] [saucenao] [google]
52958054

>>52956304
Bought a 1000 dollars worth yesterday, just going to sit here and wait for the shorts to be squeezed and for your tears to fill my pockets.

>> No.52958153

>>52957381
Well first you have to make sure you know if you are looping to buy a call option or a put option.

A call option gives you the right (or option heh) but not the obligation to buy a stock at a set price (usually the current value) by a certain expiry date. The closer it gets to the expiry the less value your option has because there is more certainty around it.

A put option is the same but it gives you the right but not the obligation to Sell the stock at the current price no matter how low it goes again by a certain expiry date. So how do you buy a contract to sell say Facebook stocks at $100 a share by 60 days from now and then on the 59th day Facebook drops to $10. You can execute the option. You snatch up the 100 shares for 10 dollars and you get to execute your sale for 100 dollars a share netting you 90 dollers per.

But if you wait past the 60 days or whatever your expiry is your option expires worthless. You can't lose more than the cost of the option luckily.

Watch this video first then research "the Greeks"
https://youtu.be/EfmTWu2yn5Q

>> No.52959795

>>52958054
i did literally the same holy based