Stock Topic 34

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Board 8 » Stock Topic 34
Moonroof
10/26/2021
02:53 PM
#1
BTC is crushing it, TSLA is crushing it, and meme stocks are still a thing.
Lopen
10/26/2021
04:14 PM
#2
Wow should've went harder on TXN puts. Just got 1x 190
No problem!
This is a cute and pop genocide of love!
Nanis23
10/26/2021
04:20 PM
#3
And I still don't earn money while everyone else does
wololo
Zachnorn
10/26/2021
05:05 PM
#4
Nanis23 posted...
And I still don't earn money while everyone else does
Trading isn't easy and is often a gamble. My biggest successes have been from buying and holding ETFs. My favorites are SCHD and VOO.
<D
neonreaper
10/27/2021
09:33 AM
#5
Whats up with GNUS today
Donny: Are they gonna hurt us, Walter?
Walter: No, Donny. These men are cowards.
Lopen
10/27/2021
10:04 AM
#6
TXN put massively pays to make up for a miss on the others. +$190 gain
No problem!
This is a cute and pop genocide of love!
Lopen
10/27/2021
10:40 AM
#7
I got 30 BBIG $4.50 puts with my winnings.

Note I don't expect these to actually do anything but the premium is so low a small hedge seems +IV
No problem!
This is a cute and pop genocide of love!
neonreaper
10/27/2021
12:02 PM
#8
oh nice SHIB is going bonkers. I only have a little bit in there but it's fun
Donny: Are they gonna hurt us, Walter?
Walter: No, Donny. These men are cowards.
neonreaper
10/27/2021
12:15 PM
#9
neonreaper posted...
Whats up with GNUS today


also I bought 50 shares this morning just in case things went really well. Looks like I've lost 20 bucks lol.
Donny: Are they gonna hurt us, Walter?
Walter: No, Donny. These men are cowards.
red sox 777
10/27/2021
12:18 PM
#10
GNUS appears to be acquiring a company. Stocks of companies doing the acquisition usually go down on the announcement, while the stock of the company being bought usually goes up.
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
frankftw
10/27/2021
12:18 PM
#11
Took a 1k flyer on SHIB last Friday when I reallocated awwwww yeah
If there is one thing I know, it is that I know nothing.
Lopen
10/27/2021
02:59 PM
#12
Bought 31 more puts a few hours ago

Sold 14 at the violent dip to $4.70 to get back most of the cost because imo this dip is fake. Seen it too many times in bio stocks before positive catalysts

Still sitting on 47 puts. Feel pretty safe. Bought a few more 5c for next week.
No problem!
This is a cute and pop genocide of love!
neonreaper
10/27/2021
03:01 PM
#13
I put in 200 in mid September and it's 1100 now. I cashed out, maybe it goes even crazier if/when it gets on RH, I dunno. That's the cash I wanted for a free Christmas without having to sell crypto that I actually 'care' about.
Donny: Are they gonna hurt us, Walter?
Walter: No, Donny. These men are cowards.
Lopen
10/27/2021
03:17 PM
#14
Sold 7 more puts

Now have 40 cost free puts

Betting against your stock pays huh
No problem!
This is a cute and pop genocide of love!
Menji
10/27/2021
05:04 PM
#15
Coinbase down... but I need to sell SHIB
Menji+ https://imgur.com/F5UEyUw | https://imgur.com/pPZsSZU
Congrats to azuarc! [ https://myanimelist.net/profile/Menjii ]
greengravy294
10/28/2021
10:39 AM
#16
Anyone got any good ideas for stonks
https://imgur.com/a/LEqiW
https://imgur.com/iXHxhET
masterplum
10/28/2021
10:44 AM
#17
SNAp
https://pbs.twimg.com/media/BdWiElvIQAAQpBt.jpg
Moonroof
10/28/2021
10:46 AM
#18
Lol. I literally just bought 1000 shares of SNAP before coming into this topic. Then I sold 10 calls at $54 expiring today. Just trying to make quick money.
Moonroof
10/28/2021
10:55 AM
#19
Expiring tomorrow *
Lopen
10/28/2021
11:48 AM
#20
BBIG gradually moving up today. Logical time for form 10 filing and possible PR to drop is 530 ET today. If it doesn't by today's Post-Market, I am a bit worried. Tomorrow post-market is also possible which would hurt as it would turn my bucket of weeklies to dust but yeah.

Current position

1812 Shares

61 10/29 5.5c
61 10/29 7c
5 10/29 10c
47 11/5 5c
15 11/19 15c
47 4/14/2022 13c

40 10/29 4.5p

VERY tempted to average down my 5.5c right now with them only going for $0.05 BUT I think if those 5.5cs print I'm going to be a very happy man with "only" 61 calls so I'll stop even if I think the risk relative to potential reward is incredibly low right now.
No problem!
This is a cute and pop genocide of love!
Lopen
10/28/2021
12:03 PM
#21
I'm so bad

I averaged down. Now I own ONE HUNDRED $5.50c

God I'm going to lose so much money if it stalls at $5 somehow

But I have to trust myself. This is what my training has been for.
No problem!
This is a cute and pop genocide of love!
Colegreen_c12
10/28/2021
12:04 PM
#22
You're crazy lopen. I have 12 BBIG calls and I feel like its too many.
DPOblivion beat us all.
masterplum
10/28/2021
12:05 PM
#23
I have 5, what the hell
https://pbs.twimg.com/media/BdWiElvIQAAQpBt.jpg
Lopen
10/28/2021
12:08 PM
#24
There's too much pressure here. MM can't control it. The price will pop or flop depending on whether we get that form 10 today. For TYDE Dividend to be issued on December 27th it would need to be filed today.

If it makes you all feel better even if these short term calls all go to 0 I'm still positive on the month. Thank you Donald Trump.
No problem!
This is a cute and pop genocide of love!
greengravy294
10/28/2021
12:10 PM
#25
Coinbase was not the move
https://imgur.com/a/LEqiW
https://imgur.com/iXHxhET
Colegreen_c12
10/28/2021
12:24 PM
#26
In other news VYGVF is killing it today
DPOblivion beat us all.
greengravy294
10/28/2021
12:37 PM
#27
Alright I am on the BBag holder train

Lopen has steered me right, and wrong, so either option will happen. Let's go
https://imgur.com/a/LEqiW
https://imgur.com/iXHxhET
Lopen
10/28/2021
01:59 PM
#28
I am the bone of my sword.
No problem!
This is a cute and pop genocide of love!
greengravy294
10/28/2021
02:48 PM
#29
Pain free IT experience
That's what I call good experiences

Kinda wanna sell my bags for a 40% gain but YOLO
https://imgur.com/a/LEqiW
https://imgur.com/iXHxhET
greengravy294
10/28/2021
04:40 PM
#30
150p Apple gonna print baby
https://imgur.com/a/LEqiW
https://imgur.com/iXHxhET
greengravy294
10/28/2021
04:56 PM
#31
Nevermind maybe
https://imgur.com/a/LEqiW
https://imgur.com/iXHxhET
Nanis23
10/28/2021
04:58 PM
#32
Bloodbath tomorrow
wololo
red sox 777
10/28/2021
05:51 PM
#33
Nanis23 posted...
Bloodbath tomorrow

Why?
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
Nanis23
10/28/2021
05:55 PM
#34
red sox 777 posted...
Why?
Apple and Amazon shat the bed in earnings
Both are -4% in after hours
wololo
greengravy294
10/28/2021
06:27 PM
#35
Nvidia:

https://www.youtube.com/watch?v=-cZ7ndjhhps
https://imgur.com/a/LEqiW
https://imgur.com/iXHxhET
greengravy294
10/29/2021
12:28 PM
#36
greengravy294 posted...
Nvidia:

https://www.youtube.com/watch?v=-cZ7ndjhhps
Repost
https://imgur.com/a/LEqiW
https://imgur.com/iXHxhET
Nanis23
10/29/2021
12:49 PM
#37
Nanis23 posted...
Bloodbath tomorrow
Or not
wololo
greengravy294
10/29/2021
12:52 PM
#38
Surprise !
https://imgur.com/a/LEqiW
https://imgur.com/iXHxhET
Moonroof
10/29/2021
01:58 PM
#39
Can someone remind me what happens when you sell a call at a strike price lower than the current price?
Menji
10/29/2021
02:17 PM
#40
Gonna move a fair bit of my portfolio into crypto, alt season is coming with these new ATH
Menji+ https://imgur.com/F5UEyUw | https://imgur.com/pPZsSZU
Congrats to azuarc! [ https://myanimelist.net/profile/Menjii ]
red sox 777
10/29/2021
02:33 PM
#41
Moonroof posted...
Can someone remind me what happens when you sell a call at a strike price lower than the current price?

You'll get what someone is willing to pay for it, which will depend on how much time is left until the call expires. Below the strike price you would lose money by exercising it so in all but the rarest situations no one's going to exercise it.
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
Moonroof
10/29/2021
02:37 PM
#42
So to get more premium, I can safely set the strike price below the current price?
red sox 777
10/29/2021
02:39 PM
#43
I'm sorry I think I read your post wrong. If the strike price is below the current price the call is already in the money and it could be exercised. Somehow I read it as saying the current price was below the strike price.
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
LordOfDabu
10/29/2021
03:03 PM
#44
If you sell a call, you are letting someone else have the option of buying the stock from you at that price anytime between now and the date you set.

So if the stock is $32, but you sell a call at a strike price of $30, at any point between now and the date, they can buy the stock from you for $30, even if the stock price rises to $40. If instead the stock price falls to $25, they would have no reason to buy it from you for $30 when they can buy it for $25 instead.
I have discovered a truly marvelous proof, which this signature is too narrow to contain.
CoolCly
10/29/2021
03:08 PM
#45
lol i bought like 4000 of some bio pharma stock BRTXQ for like $100 a year ago and two days ago they did an exact 4000 to 1 reverse split. My stock was only worth like $9 so now my 1 stock has a cost basis of $9. Since the price is up to $13 it now looks like im up 45% when I'm actually down 90%

the green makes me happier i guess
The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG
Moonroof
10/29/2021
03:17 PM
#46
LordOfDabu posted...
If you sell a call, you are letting someone else have the option of buying the stock from you at that price anytime between now and the date you set.

So if the stock is $32, but you sell a call at a strike price of $30, at any point between now and the date, they can buy the stock from you for $30, even if the stock price rises to $40. If instead the stock price falls to $25, they would have no reason to buy it from you for $30 when they can buy it for $25 instead.

So if the premium outweighs the loss of sale, it should be made? In other words, if a stock is at $10.10 and I sell a call at $10 for $100 premium, and the cost of that 1% loss is under $100, why not do this?
Colegreen_c12
10/29/2021
03:29 PM
#47
Moonroof posted...
So if the premium outweighs the loss of sale, it should be made? In other words, if a stock is at $10.10 and I sell a call at $10 for $100 premium, and the cost of that 1% loss is under $100, why not do this?

I like selling calls to exit positions but it has risk.

If the position falls to 9.50 you are better off than having not sold the covered call, but you are worse off than if you had just sold the stock at 10.10
DPOblivion beat us all.
CoolCly
10/29/2021
03:53 PM
#48
ok i finally bitched out and sold my 45 Cloudflare shares at $195.50. Bought at $75, my most successful non meme trade so far.

Earnings next Nov 4. Will it keep climbing until then and break $200? will it collapse afterwards????
The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG
greengravy294
10/29/2021
06:30 PM
#49
I'd monitor that other cloud stock that always gets beaten down good after earnings. I forget the name thoufh
https://imgur.com/a/LEqiW
https://imgur.com/iXHxhET
CoolCly
10/29/2021
06:34 PM
#50
Fastly? It was at $113 at the same time i bought that NET, now it's at $50. It's up and down all the time, though it seems like it's been on an upward trend recently.
The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG
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