Current Events > Stock Market General #39

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Dat_Cracka_Jax
08/17/21 6:06:42 PM
#251:


Simp posted...
Down $718.58 all told. I have to say, green was way more fun than red.
From what i recall you are mainly in index funds, right? If so, don't watch day to day. Also do not panic sell if the market corrects soon.

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Simp
08/17/21 6:18:30 PM
#252:


Dat_Cracka_Jax posted...
From what i recall you are mainly in index funds, right? If so, don't watch day to day. Also do not panic sell if the market corrects soon.
Yep, virtually all in uhhh ... indices? I just think it's fun to see how much it can swing, because I'm still new at this. This is my new low score of the day. Think I'm gonna dump $25,000 more in tomorrow. If this ship going down, I'm going down with it!

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littlebro07
08/17/21 7:28:25 PM
#253:


Well fuck

congrats to anyone who had VRPX before today

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CE_gonna_CE
08/17/21 9:22:58 PM
#254:


littlebro07 posted...
Well fuck

congrats to anyone who had VRPX before today
Nice. You just never know with pharma/biotech

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Dat_Cracka_Jax
08/17/21 10:09:00 PM
#255:


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TheChariot
08/18/21 2:32:26 AM
#256:


Question about Writing Naked Calls. As long as the stock price remains the same/drops, there is no risk in it, correct? Like, can a buyer exercise worthless options in the hopes that the seller doesn't have the stocks to screw the seller over?

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Tyranthraxus
08/18/21 9:48:02 AM
#257:


TheChariot posted...
Question about Writing Naked Calls. As long as the stock price remains the same/drops, there is no risk in it, correct? Like, can a buyer exercise worthless options in the hopes that the seller doesn't have the stocks to screw the seller over?

Someone asking questions like this should probably stay very far away from options lmao.

But here's your answers.

  1. Risk is always present. You can never ever ever ever guarantee a price will go down. However if the price goes down the naked call expires worthless and you pocket the money.
  2. A buyer can exercise a worthless contract but the only reason to ever do this is if the float has completely dried up and no one is selling. This USUALLY means the price is going up anyway, however contracts don't get assigned to a seller until they're exercised and AFAIK assignment is completely arbitrary.

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theAteam
08/18/21 11:20:38 AM
#258:


Fuck happened to ENZC?

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Tyranthraxus
08/18/21 11:23:19 AM
#259:


theAteam posted...
Fuck happened to ENZC?
I think good moderna news is bad for ENZC but like it's only down one cent

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emblem boy
08/18/21 11:23:27 AM
#260:


Don't write naked calls bro
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#261
Post #261 was unavailable or deleted.
theAteam
08/18/21 11:42:04 AM
#262:


jeffhardyb0yz posted...
Ive been waiting for enzc to hit around .12 so I can load up some more. Im ok with the drop

I've had a 12 cent buy order open for weeks.

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theAteam
08/18/21 4:01:27 PM
#263:


Absolute fucking cliff dive into close

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Tyranthraxus
08/18/21 4:07:56 PM
#264:


theAteam posted...
Absolute fucking cliff dive into close
Something weird must have happened at 3 pm lol

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Goatsensation
08/18/21 4:09:14 PM
#265:


Ric Flair is trending, that must be it lol lapras

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Simp
08/18/21 5:43:03 PM
#266:


Oh. Oh my. New low score, down $1,219.92 today. In retrospect I don't think that day was in fact the second best time to plant a tree.

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Trumpo
08/18/21 5:56:34 PM
#267:


The Vix is moving after hours
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theAteam
08/18/21 6:18:33 PM
#268:


Tyranthraxus posted...
Something weird must have happened at 3 pm lol

Fed thought about making a move in the direction of considering slowing down the money printer a little earlier than 2023

Which means sell everything you have the end is nigh great depression 2.0 coming

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C6Driver
08/18/21 8:31:25 PM
#269:


jeffhardyb0yz posted...
Ive been waiting for enzc to hit around .12 so I can load up some more. Im ok with the drop
I've buying a lil bit of ENZC here and there. 3,500 shares this month. I'm still trying to average down, it hardly even budged. 27 cent average currently. Used to be as high as 34, like when I first bought some in early Feb.

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Sexypwnstar
08/18/21 8:36:18 PM
#270:


C6Driver posted...
I've buying a lil bit of ENZC here and there. 3,500 shares this month. I'm still trying to average down, it hardly even budged. 27 cent average currently. Used to be as high as 34, like when I first bought some in early Feb.

Damn that's some rough bags, but at least you didn't by in near $1 like some people who got suckered in.

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theAteam
08/18/21 8:36:59 PM
#271:


C6Driver posted...
I've buying a lil bit of ENZC here and there. 3,500 shares this month. I'm still trying to average down, it hardly even budged. 27 cent average currently. Used to be as high as 34, like when I first bought some in early Feb.

I'm chilling with you at 4,000 shares about 24c

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Tyranthraxus
08/18/21 9:13:42 PM
#272:


TBH

The main reason I haven't bought more ENZC is cause I don't want to fuck up my 8 cents average lmao

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littlebro07
08/18/21 9:20:05 PM
#273:


Tyranthraxus posted...
TBH

The main reason I haven't bought more ENZC is cause I don't want to fuck up my 8 cents average lmao

Ive just been broke but I couldve thrown like a hundred more bucks into it a few times but my 0.013 average looks too sexy


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C6Driver
08/18/21 9:26:19 PM
#274:


Tyranthraxus posted...
TBH

The main reason I haven't bought more ENZC is cause I don't want to fuck up my 8 cents average lmao
I don't blame you.

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''The future's uncertain and the end is always near.'' Jim Morrison
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paperbag
08/18/21 9:49:26 PM
#275:




PFE. Possible cup and handle, I got some just to see what happens
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Simp
08/19/21 7:11:08 AM
#276:


Excited to see how much I'll be able to lose today!

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emblem boy
08/19/21 7:16:57 AM
#277:


Let's see if I fuck up making money from this dip.

paperbag posted...


PFE. Possible cup and handle, I got some just to see what happens


I'm fucked from the pfe calls I didn't pull out of
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lilORANG
08/19/21 9:17:39 AM
#278:


Is Afghanistan causing the market to poop itself or what?
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Tyranthraxus
08/19/21 9:20:14 AM
#279:


lilORANG posted...
Is Afghanistan causing the market to poop itself or what?
I don't think Afghanistan would fuck up every single industry at once

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xXfireglzXx
08/19/21 9:27:57 AM
#280:


Evacuate the stock market.

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Tyranthraxus
08/19/21 10:11:19 AM
#281:


Seems like the premarket was just a scare. Things look a little more normal now


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__aCEr__
08/19/21 12:14:13 PM
#282:


Damn, Nvidia took off.

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AlCalavicci
08/19/21 1:55:37 PM
#283:


I've been pretty busy with my wedding and honeymoon the past few weeks so haven't been paying much attention..

What's the ENZC word? Taking a beating right now

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littlebro07
08/19/21 1:57:34 PM
#284:


AlCalavicci posted...
What's the ENZC word? Taking a beating right now

Still in a quiet period. Waiting on test results, starting EMA trials soon, uplisting still coming, etc.

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C6Driver
08/19/21 3:18:32 PM
#285:


WDLF making noise today. Getting close to breaking even. Only have $150 invested.

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Makeveli_lives
08/19/21 3:52:32 PM
#286:


AlCalavicci posted...
I've been pretty busy with my wedding and honeymoon the past few weeks so haven't been paying much attention..

What's the ENZC word? Taking a beating right now
Put in 300 bucks to buy more. Every red day I'll get a hundred bucks worth. If it drops to a dime again I'll get 200 bucks worth.

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Vampire_Wreath
08/19/21 5:31:07 PM
#287:


AlCalavicci posted...
I've been pretty busy with my wedding and honeymoon the past few weeks so haven't been paying much attention..

What's the ENZC word? Taking a beating right now

Heard $10 EOY

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ENZC
08/19/21 6:14:08 PM
#288:


Vampire_Wreath posted...
Heard $10 EOY
Minimum

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ToPoPO
08/19/21 11:58:58 PM
#289:


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Trumpo
08/20/21 12:41:54 AM
#290:


Now that is some guh
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PatrickMahomes
08/20/21 12:42:11 AM
#291:


he could just

delete the app

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Dat_Cracka_Jax
08/20/21 10:18:39 AM
#292:


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theAteam
08/20/21 10:28:31 AM
#293:


12c buy filled

I'm done buying now we wait

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krazychao5
08/20/21 10:35:34 AM
#294:


how many enzc stonk everyone got? 6k here, tempting to buy more, butttttt ah don't want more eggs in this basket

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Blue_Thunder
08/20/21 10:43:15 AM
#295:


krazychao5 posted...
how many enzc stonk everyone got? 6k here, tempting to buy more, butttttt ah don't want more eggs in this basket

I've got a little over 5k. I'm relatively new to this so I'm not putting more than $1k into it; most of the rest is in 'boring' stuff like VTI and MSFT.
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Kisai
08/20/21 10:54:45 AM
#296:


I wish I could join in on this stuff and make some money.

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doomcrusader
08/20/21 11:03:17 AM
#297:


krazychao5 posted...
how many enzc stonk everyone got? 6k here, tempting to buy more, butttttt ah don't want more eggs in this basket

22.5k, bag holding like $2k.

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Makeveli_lives
08/20/21 11:30:07 AM
#298:


9k here for enzc

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theAteam
08/20/21 11:30:52 AM
#299:


Blue_Thunder posted...
I've got a little over 5k. I'm relatively new to this so I'm not putting more than $1k into it; most of the rest is in 'boring' stuff like VTI and MSFT.

Right with you 5k at 0.20 basis

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#301
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