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Yes it was I remember it well. Still would have been difficult to lose everything. always surprises me how many people weren’t diversified at all
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That is what I don't understand. I get not being diversified if you have \<50k. But what are people thinking that have huge portfolios completely concentrated in one sector?
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You wonder if they’ll put some kinda limit on it. And grandfather people into the current plan. 4 movies a month for $10 wouldn’t b bad. 1 ticket at a theatre I like is $14.
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They tried that. I think it was three movies for $7.99 and people were pissed
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Is this an art?
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yes
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Because someone can do it without ads turned on with the intent to build a following to then monetize
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like 80% of the companies that IPO lately!
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It is MU. It does not need a reason to drop.
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Exactly, in fact we will probably be getting good news which means we are in for a 5% drop.
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Stop investing in that basic shit and invest in something that actively goes against your best interests instead!!
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^ this guy fucks amirite?
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I’m afraid they may have done the same to Dropbox. Apollo is like the evil empire of PE.
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Leon Black would never do that!
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Shit i have 1/19 60 calls and I regret not selling yesterday
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Why buy so much theta? You know that it is going to go through these phases of up and down every couple of months. Did you buy it back when we were mid 40s and didn't know how long it might take to pull up? I like having plenty of theta too, but MU has just been so volatile that it isn't worth it to hold for long term unless it is stock. Not busting your balls, since I appreciate that your aren't doing FDs like a lot of the idiots on wsb.
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depends how dank the /u/haupt91 gif was
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I'm interviewing the homeless as we speak. Gif out next week
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It was upgraded to $325 after hours by Cowen. Should help.
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wish it reacted like amd did lol
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1 option is an order for 100 shares.
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Yeah but you don't have to fill it right?
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Viagra + Aderall
|
You glorious, beautiful, bastard.
| |
My guess is down. Then up a little. Then up some more. Then down a bit. Then up a bunch.
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Quality DD
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You were fucked the day you were born buddy
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I think that’s illegal in most states
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Hey! 👋🏻
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Username check out
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Usually not. I had just had a big boost from RUN and sold my Oracle shares to by FEYE. I thought since I had the boost from Oracle and FEYE announced a partnership that FEYE would hit the $21 price target.
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You just need patience. I'm holding since 13. Looking for 25+ in 3-4 months.
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AMAT challenged MU to a cage match.
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$AMAT would get fucked up fam, no way to counter that killer P/E that $MU is hiding
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And then some!
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Taking on margin for your Ally savings account is a true WSB moves
| |
You're the reason I hang out here.
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I'm flattered
| |
Pepsi owns KFC, though.
| ||
This is pretty clever. Basically getting paid to put limit orders in on both sides.
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Now you know why the house always wins haha
| |
Don’t you dare!
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I sold my 3 55 Calls for 50% profit. Due to FOMO, ended up buying 3 60 calls almost right away and now down by $160. May be I will buy more once I see a ray of green.
| |
'Might as well' you autistic cuck
|
Mide ass well
| |
Not sure what that entails but thanks
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not $200k.
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I think my problem is not having an exit strategy. From now on I’m buying the stock unless I suspect a big move short to medium term when options make more sense for a “do or die” aka yolo situation.
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True me too. my exit plan usually is green exit my mistake was i use to not have a red exit/stop loss
| |
The idea is fantastic but the model as run by the idiots in charge is terrible. Hopefully Bezos will look in his couch cushions for the money to buy it in bankruptcy and actually run it well. It has so many potential revenue streams.
|
Their 'long term' plan is essentially American Animals doing $100M box office.
| |
Amat calls rip
|
I was so close to buying puts on AMAT today. Thanks to my spy calls I bitches our
| |
Because why the fuck not.
|
Seriously. Market has been green but not amazing recently but my AMD is up something like 30% this past month. Have a 11.5 call too. I don't understand it but it's a great ride to be on.
| |
How? Some international bookie?
|
It was one of those sports betting websites that did other things alongside sport(the odds were set based on the number of bets coming in, not by website analysts), I forgot what website it was. They didn’t even list trump for winning the election for a long time, they just had a 600/1 for him winning the primaries
| |
What happens if she says “No u”?
|
He'll launch her into space
| |
Finkle is Einhorn...Einhorn is Finkle.
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The. Whole. Time.
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See I know you are broke because if you had money you would know how these things work and that is literally impossible not a single broker allows it because options are not marginable securities
|
Leaps
| |
That is what I don't understand. I get not being diversified if you have \<50k. But what are people thinking that have huge portfolios completely concentrated in one sector?
|
Maybe they aren't fucking pussies.
| |
I'm betting on it dropping now. We'll see. AMD over $13 is a rare and short lived game.
|
Well, sold half, and then it came to life in AH. Lost some good money to nerves.
| |
Pennies wiegh 0.088oz, and are 97.5% zinc and 2.5% copper. I dont know how to make paper into liquid, but you can turn metal in liquid by applying heat... liquid cash.
|
Cash is a liquid asset, as opposed to monetary assets such as property and business. Vast majority of millionaires and people you would consider rich have nowhere near 900k in cash
| |
Three. The twit can't spell 'toothpick' properly.
|
Sry, too Reee to english
| |
Well it depends on your strike and your end goal. If you are gonna play FDs look at my original comment. Flip it for a quick profit. Long term options are clearly the better play.
|
Thank you sir
| |
Looked into this, Dohl’s plantation is on another island
|
Dole?
| |
Haha, this sounds a hell of a lot like gambling. Sounds fun.
|
It is gambling.
| |
Can we set a poll up on this. I don't think people have overwhelmingly posted bearish positions.
|
I feel like consensus on TSLA is neither bearish nor bullish, but more 'stay away from that overvalued stock because it defies all logic and might become even more overvalued'
| |
He purchased a metric fuck-ton of June 87.50 strike calls and a reasonable amount of September 90.00 strike calls. Options have decay built in so every day that the price of WMT is not above the strike he loses money. Eventually they will decay to zero. You’re looking at a YOLO trade that, so far, isn’t working out too well.
|
As a lurker, would you please dumb it down for me some more? OP basically lost the bet, right? Since they're options, it didn't pan out and is now a loss?
| |
I like it. When you usually sell?
|
Around 2.40
| |
Literally the only sub I read daily, even over the NSFW ones.
|
My only subscriptions are r/cumsluts and r/wallstreetbets just imagine my day.
| |
All those can wait until collections comes after you. You need to pay your margin call so your trading account isn't suspended. How else are you going to make your money back?
|
Can't collections wait too? I'd say wait it out til the Fed comes after you.
| |
I’m in my twenties it’s okay. Question tho, do people normally wait till expiration date with FD’s or do they dip early
|
You sell when you hit the target profits, expiration strike price may screw you
| |
Text, yes, but speech? And battle royale? It would seem the algos reacted on the announcement of a new call of duty.
|
What do you think algos do when markets are closed, they obviously play battle royale duh
| |
How can you make money no matter what with covered calls? I don't understand how it's no risk
|
Well, the 'downside' is that you'd be selling off 100 shares of SPY and at a lower profit than if you simply held and sold @ 275, rather than agreeing to sell at 272.5.
| |
usually it's a big firms algos, but I buy 0-1 day spx options everyday
|
What the advantage is here? I guess this is a pure directional play. I understand that they're dirt cheap this close to expiry, and also all the theta is already gone so no worries about that, but I guess you are just holding them for a few hours in the hopes of making a few bucks per contract? This is a whole new angle for me so I'm really curious... sorry to keep bugging you.
| |
not $200k.
|
I mean if 50,000 buy him gold...
| |
IQ tax
|
Sold for $27. Pays for dinner and gas. I can't complain.
| |
Na they sell action figures and t-shirts now. Cutting edge innovation lead by CD stores and Blockbusters.
|
all the geeky stores in the mall sell pop figures now so they have to contend with all of them as well.
| |
MLB TV, NFL Sunday Ticket, Whatever the names of NHL/NBA/ncaa packages are not licensed by ESPN. ESPN does not distribute them. ESPN doesn’t have contracts in place with every league to broadcast the games.
|
Fair, but that wasn’t my point. The broader industry will gain tailwinds from this legalization. Increasing ad revenue throughout
| |
Those things aren’t in competition, Verizon and Comcast are the distributors and ESPN is the content they distribute.
|
MLB TV, NFL Sunday Ticket, Whatever the names of NHL/NBA/ncaa packages are not licensed by ESPN. ESPN does not distribute them. ESPN doesn’t have contracts in place with every league to broadcast the games.
| |
Goddamnit I should have listened to you
|
How much are you down?
| |
Damnit I was hoping to get called a faggot
|
You fucking faggot
| |
Already bought my calls (buy first, ask later!)
|
did you buy them yesterday? Got to get them early
| |
$56 6/29
|
Nice, I’m in on the $60, same expiry. I might follow your example on every dip, but it started going up again!
| |
Nobody told you to bet in the wrong direction.
|
I’m not sure about that
| |
That is not the case, OP bought OTM calls a couple days ago (day before earnings). He even [posted that screenshot](https://www.reddit.com/r/wallstreetbets/comments/8jz00w/450k_yolo_on_wmt/) too. Also, a stop loss doesn't really work with a large number of options after an earnings event.
|
Ahh, I failed and gave too much credit to OP for thinking things through. But that opens another box; who the fuck let them open that.
| |
Was it stevebm?
|
No Steve is still rich lol
| |
Infinite gains. Infinite tendies.
|
This guy is on to something
| |
No you both
|
No me
| |
Get a reverse mortgage. Let the banks pay you!
|
Make sure it's the bank that Burt Reynolds researched and approves of.
| |
And it's you
|
Seeing how this sub disagrees with him. Odds are he’s right
| |
Sold some uvxy $15 calls exp next week and people bought them within seconds....i was surprised.
|
Cause they know something you don’t bra
| |
And then we have one 4% up week and your shares go on without you while you’re left at the station
|
Sell covered puts then
| |
Stop snorting cocaine. I can't take screenshots of my brokerage with private info all over it. Even taking a pic of this email is not easy with my info on it.
|
Woah Woah Woah! Let's leave the cocaine out of this!
| |
obvious bullshit. only reason i may be convinced is dr pepper or cherry coke on table
|
He likes Coke. All in KO.
| |
I quit my job today trading $2.58
|
I quit my job today
| |
Eat shit faggot, I suck your dick.
|
I wish you would, then you'd have gained something today
| |
Lam calls matter
|
That chart looks dirty. If wait a couple days to see where it bottoms.
| |
How much or is it a freebie?
|
It'll cost you 3 tendies for this FD
| |
Yeah. I was afraid if I sold that I would have to wait for funds to settle to buy back in and that takes a couple days. Didn't want to miss the Monday investors meeting rocket so I held in the hopes it wouldn't tank too much. Obviously the wrong call.
|
Are you sure you need to wait for it to settle? I am able to re-buy immediately after selling and I have a really shitty broker with basic account and without margin.
| |
He pays the premium at the initial purchase, just like you would pay the stock price at the initial purchase of a stock. Then the value of the premium goes up and down accordingly until either the expiration date or until the option is sold.
|
Thanks for the info!
| |
Can't collections wait too? I'd say wait it out til the Fed comes after you.
|
Just Ruby Ridge it til it all blows over
| |
all the geeky stores in the mall sell pop figures now so they have to contend with all of them as well.
|
Who the fuck buys those things
| |
You’re obviously a lame Jew. Despite my overwhelming anti-Semitism, I believe Jews can be anything they want to be. Even Nazis, jackass.
|
http://www.cc.com/video-clips/7nnosh/chappelle-s-show--frontline----clayton-bigsby-pt--1---uncensored
| |
There are plenty of other online retailers. Etsy, walmart, jet, overstock, newegg, etc. Nothing is stopping people from using them. Amazon doesn't leverage there position to prevent compotition. They're just better.
|
Amazon certainly does leverage their position to prevent competition, why else do you think they hardly turn a profit? There may be plenty of other online retailers but it doesn't negate the fact that Amazon has over 50 percent of the market share. Enjoy your long positions before antitrust gives them a slap on the ass, because I'll be 20 miles away. Why take that kind of risk when you can have positions such as baba and tencent, where their government actually wants them to continue growing.
| |
But if they announce nothing special and just tell us what we already know, do we go to $40?
|
/#MUtoo
| |
Y
|
B
| |
He bought convertible bonds, not shares. Lol
|
Yeah, If anything he’s short.
| |
You think there's a 0% chance it'll pull back up a bit on Monday? I bought around 10k worth of calls when it fell to around $277. Looked like a solid support but fell through right after. I was planning on selling calls Monday. Fuck.
|
It might be pull back. But I don't think the fall is over yet.
| |
That would be beautiful.. and retarded.
|
80% retarded rule
| |
Are you from Alabama? Clearly you can't be, because ain't shit would choose to go to Montgomery over Huntsville or Birmingham.
|
The joke
| |
this guy faggots
|
Even worse, I was slightly (~$150.00) in the money and figured I’d wait a tad more. Now it’s fucking -$620.00 and Monday better help me.
| |
This is such a naive take lol. Teach yourself about the ERM and stop making statements that belong in r/lsc.
|
Except, you know, George Soros has gone on record as suggesting exactly what /u/Gustavus_Arthur said and even wrote a fucking book about it: https://en.wikipedia.org/wiki/Reflexivity_(social_theory)#In_economics
| |
No axis, pls fix. Thx.
|
Y axis on the right = -infinite
| |
who's saying its going to fall 20% further than it already has?
|
If they reduce the dividend payout it might very well do another -20% and you're doubly fucked since it stops being a dividend aristocrat. I'm just saying this is not a fool proof strategy. Just look at what happened to GE. Had some T myself, luckily I sold a covered call atm and bought otm puts with some of the proceeds one day after last ex-dividend day. Could capture the dividend while staying almost neutral to the stock's movements.
| |
*To be fair*, you have to have a very high IQ to understand credit scores.
|
Equifax treats me like shit while the rest suck my dick. Nice 680 you got there with everyone else, don't mind me as I report you at 550.....
| |
Price action at end of the day and the way it bounced of off 160 level. 160 was resistance before and became (after yesterday) a support level.
|
Bet you wish you hadn't bought those back huh?
| |
That's where I got it haha. If you want me to delete it so you can have the cred I will.
|
Nah. You good haha.
| |
I have one other friend that trades so one in two people I know beat the market
|
See it's a 50/50 chance of beating the market, you either do or you don't.
| |
Probably some tech meetup by the looks of it. I follow Tai Lopez on SnapChat for the memes and he's always going to shit like that and trying to trick people into giving him money
|
seems to be working, judging by the look of his new new lamborghini
| |
A dip is a dip, right? Regardless of time frame? Anything in the red. Seriously this sub-reddit is dumber than I thought
|
TSLA is eventually going to zero so he's asking what's your time frame between now and zero where you think you can scalp a little profit.
| |
you mean making the same mistakes
|
Cant spell poor with out yolo, or something idk I'm retarded
| |
Well SOMEONE has to buy it new at some point.
|
Yeah, an idiot. Don't be that idiot.
| |
Sounds like love at first drunk
|
Love at first ~~drunk~~ drank
| |
Ded
|
What about me?
| |
Ayyy you're the guy I was talking about MU with in r/teenagers
|
Yea that was definitely an r/teenagers convo. Extra cringe
|
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