/biz/ - Business & Finance

Morning /smg/! Wonder if AMD is going to gap down, also fingers crossed on this huge UVXY call I got.

Hello

tomorrow is actually the important FOMC meeting for the Fed

Someone needs to activate greatest fool protocol.
We cant just sit here making no gains all year because everything seems overpriced.

>>9187612
yea i think todays one will have no public announcement.
and the FOMC minutes from this meeting wont be out. still might set up a strangle on vol though. usually FED action causes a jump or a dump

Your move, /smg/.

yo

I have accumulated more shekels to throw at high risk memes. Thinking of getting some GLD puts and some volatility calls. Need some other memes to get into as well. Throw some ideas at me the market's going to open in 10 minutes.

Opinions on GE?

>>9187699
Suffers from AMD syndrome, no touchy

>>9187699
cant fall much further than it already has
entering the buy zone

>>9187682
Long term KSA calls?

>>9187780
Is the option market for KSA liquid? I mean, that's a really highly speculative play with all the unrest with Iran right now. I think it would be wise to wait for more developments and a possible pull back before entering a position.

Plan for today!
Expect dump!

Sentiment and Fisher clearly indicate dump!

GAP DOWN

LMAO THERE ARE ACTUALLY PEOPLE OUT THERE SELLING THEIR PRECIOUS TWITTER STOCK

DO THESE PEOPLE HAVE NO VISION FOR THE FUTURE

HOW AM I THE ONLY ONE WHO SEES THIS. TWITTER IS THE FUTURE OF MEDIA

kek fuck off bulls

year of the golden bear has begun

>>9187682
little late, but 250 spy puts

if she breaks 250 it is all ogre

>>9187874
I got the 264 puts for Friday.

>when those puts finally kick in
Thanks Bank of America, and fuck you! By the way, meme-lines guy turned out to be right, unless it’s solely because of the FED shitpost.

In other news my BKS puts are also starting to work, and my portfolio is set to hit 1488 today. If things go well. I made a good call on that.

been bagholding SOXL since 160. how fucked am i?

Tfw local markets closed

>>9187889
nice

my bear dick is really hard right now>>9187900
my niqqa

>Heat biologics jumps from $1.20 to $3.36 in 2 days
>No announcements or explanatory news articles

Insider trading must be nice.

>>9187845
Twitter is being propped up by the intrigue of about one hundred celebrities.

>>9187874
How far out?

To the person that recommended LL, that was really bad advice. Glad I only gambled a little on that.

>>9187934
well if you got a real big set of brass balls Friday, if you like 1% chance plays. end of may/june is still high risk but more likely.

>>9187938
Buy the clothes, not the stock.

>pic related
Feelsgoodman

Should I short silver? I mean that faggot from Lear Capital is constantly on TV saying silver is going to $50 per ounce.

>>9187953
>Buy the clothes, not the stock.
From lumber liquidators?

>>9187971
Thought you meant LL Bean.

AAAAAAAAAAAAAA WHY'D I LISTEN TO GOOGLE BOY YESTERDAY

>>9187961
I got calls but the dollar is on a tear, I might need some puts

>>9187997
youll be fine

>>9187911
fucked like a cheap whore
sorry anon

>>9187926
I'm Shitposting BAC today

It's an all in TVIX kind of day.

>>9188015

Fuck.
Went all-in in my IRA on it.
Down $10k already.
Looks like I might wipe out my fucking retirement account with this one boys.

wonder how many weak hands got shaken out this morning

>>9188042
why the fuck would you do that

>>9188002
Ended up just getting more USO.

>>9188048
This, we’ll likely close in green.

So this.... is the power... of Sell in May and walk away...

>>9188063

because i'm a fucking moron and I thought semis were getting FUD'd for a big dip.

also because I've literally made every single wrong decision this year when it comes to stock market investing that I just had to finish out with a fucking bang

>when your puts are green
>AND
>your calls are green
I'm just feeling that extra today

>>9188097
okay well you have two choices:

Wait for AAPL earnings, if he has decent earnings & beats expectations it will probably pump a bit before collapsing.

Dump it b4 AAPL earnings, if you expect it to miss. AAPL will pump semis or dump them.

You are not going to see 160 again for quite some time, IMO. Accept your loss and move on.

(I'm just a stranger on the internet, don't listen to my advice)

>>9188129
You could say you got TWO scoops?

>>9188097
Anon, you're not supposed to hold those leveraged ETFs for long periods of time... Retirement accounts are for your long term holds.... Could have been worse. You could have all in'd TVIX except ironically that'd have probably have netted you some shekels. This market has been a bitch lately.

What pumped the nasdaq?

>>9188097
well dont just sit there a watch the rest of it tank man. limit your losses, lick your wounds and live to trade another day.

and in the future try to avoid this betting in the whole stuff. i know thats how i fuck myself up all the time

You're an idiot if you aren't dumping AAPL right now especially if you have calls.

It's going to drop after they announce their iPhone X was a failure.

Bte train is leaving the station boys. Who here /BTE/

>>9188170

Funnily enough my best trade of the year was SVXY through fall into winter.

In regards to the retirement account question - I disagree. I prefer to day trade in my Roth because I never need to worry about cost basis and I can day trade it forever without anyone giving a shit (PDT, etc). I can even buy uncovered calls / puts in that fucking thing. Sure, I can't use the money for a bit without paying a penalty - but the only real reason I'd withdraw from this account is if I needed money for an activity that qualifies for a penalty exemption (housing, medical, etc.)


>>9188144

Yeah.. I'm really trying to figure out if I should bail or just ride it out. I've owned it before and got boned from panic selling on a bad week.. but the market overall just looks so damn sketchy I don't know how I feel about it. At this point I somewhat feel the need to "revenge trade"

Last night I bet on PFE and lost money. What's tonight's bet? I'm thinking either MA or EL. AAPL and SNAP have been kinda fucky lately and I don't think I want to risk them

>>9188223
Closing out the month red was not a good sign for the market. Earnings have topped out, growth for most companies, regardless of sector, is declining or has peaked. Not to mention the outrageous 20PE most stalks have, at a minimum. The CLO bubble is getting closer to popping every day, and will likely be accelerated as corporate revenue decreases.

>>9188204
>iPhone X was a failure.

You are retarded

>>9188278
basedautismo spotted

>>9188243
BIG
5
SPORTING
GOODS

>>9188284
Is it gonna happen??

SNAP is getting a pretty good pre-earnings McSlap

Just when I thought the defense JUSTtenning was over, it plummets to early Jan levels. Amazing

>>9188301
>>9188243

nah im just memeing i dont care about BGFV

buy mastercard for real

Thoughts on buying skyworks or synapitics for long term?

who here /CORN/?
thx to ringo or whoever the fuck that was that showed me that

NO NO NO NOOOOO
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHH
NOT AGAIN!
Kek.

>>9188334
Stop shitting up the threads, no one cares about you shit posting in stocktwits

>>9188334
At least I got this in yesterday :)

THERE ARE PEOPLE
IN THIS WORLD
WHO SOLD TWTR
FOR UNDER $30
JUST HALF AN HOUR AGO

AHAHAHAHA

Should I hold BGFV through the day or will it continue to drop?

>>9187812
>No cock and balls
I'm disapoint

I hope none of you guys are holding Shopify

>>9188347
Anon... I

>>9188394
Not feel good today :( could not even draw smiles

CAN YOU BELIEVE IT FOLKS

>>9188440
He didn't pay you?

Balls of steel here. Wrote an $11 weekly put on AMD.

>>9188470
Potential loss,

>INFINITE
INFINITE
>INFINITE
INFINITE

>>9188396
> -10%
> They actually made money, which was not expected
Does wall street actually use it's head or just shit itself all the time?
>t. SHOP holder of many months

Its a pump the nasdaq before apple kills the market day today

>>9187540
>mfw my biggest long position jumps ~15% today


Feels comfy

>>9188448
kek

get off the cliff you herd follower

>>9188549
going long is the contrarian position today

>>9188243
I wish I could buy puts on Activision when they show how much money they are losing in Overwatch League. And destinity 2 I guess.

Anyway whos in a May Day country? Im super confy since the markets are closed and we had a long weekend here.

This year has been bullshit.

BUY SHOP AND GRUB!!! It’s on huge discount today for no good reason.

When will we see the return of market volatility? My UVXY calls are already down like 20% in less than an hour ffs!

How are you guys investing in the North Korea news? Rare earth plays or something I don't know

>>9188567
You should add OKTA to your portfolio then. What do you have?

>>9188323
>Both are down for the year
>Synaptics has declining earnings
Pretty shit desu.

>>9188506
I guess it didn't meet all of their expectations so they decided it was going down. Though I'm thinking it might be the right time to buy.

>>9188576
That would be a good assessment. Maybe a company similar to GSS (but one more successful in their stock) would get involved. You’d have to find one that you know is going to go there though and not invest in the competition. So it’s still a wait and see kind of deal for me.

>>9188585
Bagholding DFEN and a dozen big corporate calls.

Had Financial Engines yesterday, and was up 4200% on buyout news, but my dumbass didn't sell - I bought more.

If the Dow turns green, I'm good. But lately it has been a fussy son of a bitch.

>>9188278

Check sales you autist. That's all companies care about is their sales and profit margins and iPhone X was a failure.

Sorry you're a fucking autistic retard to understand that.

X is down another 5%

>>9188671
well Trump just delayed the steel tariffs on like, all of europe by a month

>>9188458
Kek ne not even make morning wood rounds

>>9188643
DFEN May go up very soon anon lol
Regardless, those are some powerful gains anon. I’m behind 10% on both SHOP and GRUB today. Otherwise I’d’ve been up.
(Just bought more of both though)
Good luck anon. Any advice for someone considering getting into options down the line?

>>9188650
Yep, I wouldn’t touch Apple for a little while. It’s getting stale.

kek, no one trusts BGFV enough to hold it through earnings
>except me
fuck

>>9188470
i flipped to calls too

you should see the reaction im getting from some of the bulls there kek
they are NOT happy with me

>>9188765
Save this picture for the rest of 2018, you’ll need it.

>>9188745
my fingers are crossed and my butthole is clinched tight. I'm about to go work on some guys house and repair his ceiling for $3,000 and try to ignore the earnings report desu

>Trade war canceled
>Market goes down

>>9188745
>>9188780
A kind reminder of the true final form of Big5Guy

>>9188815
Trade war being cancelled was priced in when president Xi said China was going to fold up like a paper tiger.

>>9188775

Is anyone here actually making money in this market?

>>9188721
My only advice (and it's prolly shit) is start by buying cheap options and let them go when they go green. Don't get attached or over zealous. I did that with $3-$10 calls. Felt like buying scratch off tickets.

As you gain confidence, move closer to the strike price and spend more.

>>9188766
Swinging my USO calls still. I may check out those longer ones you have on.

I really can't decide how I want to play SNAP for the ER i'm totally 50/50 on which way its going to go

>>9188863
Yes. But I only did 2% yesterday. Had to work, and I had shit to do today, but still nicely in the green.

>>9188884
Straddle that shit.

>>9188870
Also, play the big movers of the day that overract on news.

Ex - when Steel(X) dropped 14% this week, I bought and held until I was up 40% and sold.

>>9188852
That is one of my favorite maymay formats.

My SNAP puts are at 50% profit and I'm feeling a short squeeze coming. I'm probably going to sell either when this knife is done falling or a half hour before the earnings call.

>>9188884
I'm feeling a short squeeze so much.
There's a fuck ton more open interest in it with puts than calls.

my DB 13.5 puts expiring Friday are up to a .84 gamma

Oh my

>>9188504
Short puts aren't infinite loss, only short calls are

Morning all. I’m so god damn sick I can barely stand up.

>>9188870
>>9188916
Very good advice. Thanks anons.
>>9188863
If I wasn’t holding so much SNAP and GRUB, but I’m not too worried. I bought more when they were both at -10%. Thanking Jesus for the big gains to come.

THIS IS A FUCKING BOG MARKET

>>9189004
Do like 5 or 6 shots of whiskey and go back to sleep.

>>9188815
theres other stuff goin on m8

>>9188780
is this a big make or break ER for yall?
kind of want to speculate on it. perhaps lend you some of my memetic inertia

>>9189028
Can’t. At work.

>>9189045
What kind of job doesn't let you drink on the job? I'd fucking quit.

>>9188959
Wonder if I should pick up a call for cheap, a funsie play

>>9189004
Eat any romaine lettuce?

>>9189004
black seed oil
take a couple shots of that stuff

the profit mohommad (PBLOOEY) claimed that it was "the cure for everything but death"
shit works really well at detoxing whatever you got in ya.

>>9189004
Strictly speaking, you will get back to wherever you were before, anon. Even if it takes sometime to recover. Don’t worry, we all hold bags sometimes.

>>9189024
What the fuck is with this random ass death spiral for SPY?

>>9189004
Start drinking Irish Coffee. And this >>9189064, I know LA had shit lettuce, TX probably got it as well.

>>9189004
AIDS

>>9189080
It's called the FED shit post incoming boom boom surprise! Short this fucker all the way till Powel takes the podium.

I bought a SPY put this morning, my first option ever, and watched it drop in value by $10 right away. I opened my phone a few minutes ago, contract value was up $8 from where I started. I decided I'm too new and I got lucky this time and cashed out.

>>9189080
"""random""" wew lad let papa bear hold you

>>9189064
>>9189072
>>9189078
>>9189083
>>9189108
Thanks. It feels like allergies. Lots of people been sick with them. I guess the flood had something to do with it. I don’t eat lettuce so it’s not that. Problem is the doc won’t give me any more meds because I’ve had too much. Guess I’ll go raid my parents medicine cabinet.

Does pic related describe the state of the stock market /biz/?

>>9189170
>Texas anon is an opiate addict

plz based texes anon don't do it

>>9189080

>>9189122
i just did my traditional scalp on the bell.

you think this FED shitpost is gonna be crazy? i heard theres not gonna be any public announcement today. i got some vol calls, but dont know if i should hedge, or double down with SPY puts

>>9189181
Good lord no. Benzos were my thing but not anymore. I take prednisone for allergies and you can only have so much before you risk getting Cushing disease(?).

>>9189175

>feel to well
>to well
>to

>>9189203
oh dear that Cushing disease sounds quite unpleasant.

Maybe go to the range/backyard and shoot your guns? When I feel like shit I shoot my nugget so my shoulder hurts more than anything else, thus eliminating problem.

>>9189244
The smell of cosmoline masks the scent of spring and cures allergies, fact

hmmmmmm
so AAPL is about to blow it, right?
im thinking of putting down the Qs. they need to catch up

Brainlet here
Where do I learn the art of cryptojewing?

>>9189244
I just want to sleep all night desu. Whatever. Life is pain I guess.

>>9189333
asked Baggy, he is /our/commiejew

>>9189333
>cryptojewing
idk m8
ask AIPAC

>>9189202
The announcement will come tomorrow. Today is when they have the meeting and tonight is when they tell all their friends and insiders what the announcement will be tomorrow. People will be moving into cash so they can move the chips on the board tomorrow.

I need an earnings play for tomorrow folks

Considering $LOGI

Thoughts?

>>9189369 baggy this man needs your help >>9189333

>>9189369
i see
im going with the friday QQQ puts as they are cheaper and i want to have some left over to play UUP if we get another hike (and maybe hedge USO if it keeps slipping)

Is it time to hold SPXS for a few weeks?

Third attempt at ndx trying to break positive today, might be the last....

>>9189333
Cryptojewing isn't a art it's a way of life.

>>9189415
Maybe, can you sell covered calls in a bear fund? That would be crazy.

>>9189415
it might be...
we have to see how tomorrow goes

>>9189516
Wait a tick, there's no press conference following this shit post. Just expect lots of unexpected volatility.

so has amazon peaked for a while?

>>9189532
yeah
i got some QQQ puts to play AAPL blowing up tech.
and i got my vol calls.
gonna have to dig a little and see if were expecting a hike with this meeting and judge whether or not to go long UUP again

>>9189502
Holy shit, you actually can sell calls for SPXS.

>>9189591
wait...
you just gave me an idea

>>9189616

Go on....

>>9189648
I think it might have something to do with buying puts on SPXL.

Like seriously why not use the expense ratio on the ETF to your favor.

I'm so bad at this :^(

>>9189694
What did you do?

Do any of you know when the oil will moon? My USO bags are getting heavy. I am contemplating a move that would decrease my bond shorts for a period of time to average down and increase my oil exposure. Any advice in this matter would be most appreciative.

>>9189591
>>9189648
so lets say you want to go 3x the S&P for a while. so you get 100 of SPXS or SPXU depending on poorfag status. you see a rally ahead, but want to keep your money IN. so rather than selling, you just write an ATM or ITM call, let your stock drop like a stone, buy it back when its worth nothing, and keep selling more calls if the S&P is really moving. collecting rent, so to speak, from all the speccs that are dicking around with short term contracts. meanwhile you get them losing intrinsic AS well as vega AND theta on the weekly contracts (which are brutal). best case scenario, you just made money while it goes down without having to lose your position and your entry. worst case scenario you get called away at strike (and this is only "bad" if you did a deep ITM call, where your entry is lower than your strike).

>>9189739
I’m seeing slippage for a bit, until a large upswing. Still profitable on my 7/20s.

>>9189753
well i mean, worst ase scenario is actually the golden bun happening while this is going on, but i dont buy it, and even then you could write calls the whole way down and get SOME of it back

>>9189753
By selling an ITM call you do run the risk of the call getting executed and your shares taken away.

WE GOING OFF A CLIFF TODAY, FELLAS. LONG TERM SUPPORT BREAKING DOWNNNNNN

>>9189739
Summer, I think

>>9189060
>What kind of job doesn't let you drink on the job? I'd fucking quit.
thats why when i work, i work for myself

>>9189778
yeah youd only do an ITM one when you see a HUGE rally (which conveniently, since its an inverse fund, means SPXS/U is going to have a sudden spike in IV, thus, more vega to scalp).

if youre already up a bit, and you put your strike above your entry, you pretty much cant lose (you just might not get as much as you thought you were)

short squeeze going on with AVGR no telling how far it'll go

>>9189846
Lmao this picture. It summarizes everything so well

>>9189841
Big5guy sir do I keep holding BGFV?

>>9189753
>>9189815
I would highly recommend setting a % threshold to buy the option contact back if you're wrong. Personally I do 25% because I'm usually very confident in my play.

>>9189786

daddy drumpf will fix this

>>9189863
im holding it, my average is 6 and the shorts still haven't covered enough for me to consider selling. last earnings wasn't so good but the stock price recovered pretty well which i consider to be a good sign

Password: Lunchtime Checkup!

What're you eating how're you doing?

I'm having a ham sandwich, yogurt, crackers, and activated almonds. I'm getting squeezed a bit, not sure where to throw my money at right now. I hedged my SLV calls today. I had a huge call on UVXY but took my $50 profit today on open and ran. Might buy back in or buy some bear S&P.

>>9189873
Trump probably wants the market to crash so we can get rid of the fed and back to gold backed currency, negate all debts to everyone else and give the worls the big middle finger

>>9189894
Yes sir

>>9189865
but again, if i dont care about losing my shares too much, even if i blow it, ill still keep the entire premium, and the stock from my entry to strike. itll just look ugly, but even then, it wont hurt if strike is above entry.

worst case, you can always find another rally to short on

>>9189899
>chocolate jalapeno flavor almonds
those sound really addicting

>>9189899
Going to Wegmans for pizza and sushi

I wish they were publicly traded

>>9189930
I like spice and at first they kicked my ass but now I love em

>>9189947
>Going to Wegmans for pizza and sushi
>pizza and sushi
AMERICA! FUCK YEAH!

>>9189966
I might go by GNC later to get some, i love almonds, i love chocolate, and i love jalapenos..

Going to a local diner to get corned beef hash and eggs with hashbrowns as soon as my girlfriend gets home from work

>>9189947
>I wish they were publicly traded

NOOOO

Wegmans is awesome. Going public would ruin it.

>>9189786
AAPL is going to save us in the AH.

>>9189899

Get on my level

>>9189994
>>9189947
their website looks like mexican food?

>>9190007
Hope so

>>9190007
keep telling yourself that bucko

>>9189739
Well the next big factor that I can think of is the possible end of the Iran nuclear deal which is two weeks away. I don't think it will cause a huge change, though it could easily send WTI over 70. I am not an expert, though I have worked in the oil industry my entire life.

im gonna try paper trading this little experiment. im actually pretty happy with where all my money is at right now, so id rather keep it where it is.

btw HYG is definitely the most liquid options market for corporate bonds. should be a good couple day swing ahead of us with FED FUD

>>9190015

That's just some promotional thing.

It's a grocery chain in the northeast with god-tier subs and bagels

>>9190012
I wish that were me, I'll be going to my favorite cafe for teriyaki kebabs and rice before it closes for good on Thursday :(

Are we going below 2600 again?

>>9190079
for sure if AAPL blows it (which is looking likely)

>>9190012
That is quite good anon, I would pass on the rolls but that looks solid. I just took my veggies out of the freezer.

Picking up some cheap VUSA tomorrow

>>9190079
I sure as hell hope so. However this is going to take some careful maneuvering. If we see a crash in equities I speculate we will see more money flow into safe havens like bonds and gold... This will cause yields to drop and gold to increase along side a decrease in the value of the dollar which in turn will cause rises in other commodities. Oil still seems like a great vehicle for trading under this scenario, but if this is the future of our market closing bond short positions for long positions would be a wise thing to do in the relatively short term.

>>9190054
oh yeah forgot to respond to you saying you were unable to trade spy options with ichimoku & HA.

Try paper trading, looking at 4hr/1hr for macro, use 15min looking for intermediate trend indication, 5 for topping or bottoming, and 1 min for entry/exit.

>>9190007
This may be peak delusion, if apple says they are going to buyback shares they will save themselves but not the market. It would make more sense for them to let it drop then buy it back.

>>9190160
im just boggled that my platform has point and figure and not heiken ashi. the latter is musch more widely used

>>9190169
thats what i think too

>>9190160
btw
if youre not already in a short position on corporate bonds, try HYG this time. huge volume, open interest, and 3cent spread on the 46 day puts. i know IM in for a swing

>>9189694
I don’t feel so bad for losing 30% last month. Shit happens I guess.

anybody have any sub penny stocks to look into?

>>9190169
If anything, a share buyback is going to cost them in the long run, as investors are getting increasingly worried that apple has run out of ideas and the next iphone will never come.

At this rate they will eventually join the likes of F and KO as a pure dividend play.

>>9190225
AMD :^)

Sad Kek...
Me Bogged SO HARD
>my SPXU short yield major profit today
>had 450$ in robinhood 10:30
>open robinhood for close trade
>$140 in account
Apparently Bank JUSTED rejected Robinhood transfer T_T

>>9190205
I am short on corp bonds but am looking to add prior to AAPL earnings. Will look into HYG. thanks :)

>>9190225
NAP

>>9190249
lol
but seriously..

>>9190307
im looking for sub penny X<.01

Is it still worth it to short the banks?

BEHOLD

MEME LINES

>>9189382
$HABT

>>9190433
>tfw we are converging onto the singularity
what happens next?

>>9190433
Don't show that on stock twits, charts are a bannable offence

>>9190405
Has loan default rate reversed? Has the CLO market become sane? How about 2nd 3rd tier loaner defaults? Has TA indicated a trend reversal?

No, is the answer to above questions. Do your research and make a decision.

>>9190454
thats only because you drew a penis shaft and balls on that chart you posted

Target acquired, commence shelling

>defense stocks crush earnings across the board
>they all go back down to 2017 levels in a few days

This is fucking bullshit.

>>9190433
Wow look at how calm 2017 was, i member those days. Choppy waters ahead

Is it too late to short SPY?

>>9190507

>>9190507
screw that EZ mode shit anyways
this is way more fun

I see HTBX or VVUS running later today

>>9190571
:'(

pfizer is on sale if anyone is looking for short cheap calls.

>>9190506
Amen.

>>9190586
>VIVUS, Inc., a biopharmaceutical company, develops and commercializes novel therapeutic products to address unmet medical needs in human health in the United States and the European Union. The company offers Qsymia for the treatment of obesity as an adjunct to a reduced-calorie diet and increased physical activity for chronic weight management in adult patients with an initial body mass index of 30 or greater

Hmmmmmmmmmmmmmm

>>9190506
That's because the entire market is a bubble right now that's going to burst.

Is it viable to make small investments and cash out every day? Make a few dollars profit on a daily basis and slowly grow your capital base?

I'm pretty new to stock trading

>>9190641

Yea, just don't buy high and sell low

>>9190641
In a cash account, or with 25k+

>>9190641
yeah but youre not gonna make great trades all the time, so this means locking in losses everyday too. make sure you keep your losses short and wins long if youre daytrading

>>9190603
WOah thanks. On it.

Can Options go to 0 on price?

>>9190698
Sure ... like when they expire.

>>9190698
>Can Options go to 0 on price?
yeah.. but like.. only when you're holding them

>>9190664
>>9190660
Thanks
>>9190663
Not sure what this means

Got PUTS on snap, wondering if I should cash it in or wait till ER

>>9190706
Oh right. But a .02 option is a clear buy. Because... its not like its gonna go down

That dump!

>>9190698
all the time

>>9190615
Lol

>>9190735

MOTHER OF GOD

>>9190733
youre literally throwing your money away m8

>>9190725
You need 25k in your account to have access to unlimited day trades new friend.

>>9190733
More or less IMO. Only concern is if there is someone willing to buy it from you when you want to get out.

You're just looking at nickles and dimes, but it gets your feet wet.

REEEEEE WTF BOEING?! I should've dumped your ass when it was $345

>>9190774
Maybe putting half my portfolio at risk on options isn't the good idea.

>>9190760
>>9190706
Witness me.

>>9190615
>>9190635
This shit hasn't happened in over 5 years, if at all, and there's no media reaction, no articles nothing

>>9190821
Why anon? Just why? You are going to lose all of that money.

>>9190774
lel
he aint even looking at nickels and dimes.
hes looking at literally throwing out his money.
if i see the contract hes looking at, its the 4day ones at 36.50. delta of .06 and theta of -.03. hes looking at literally losing everything at the end of the day, and only making something if it reverses either today or tomorrow.

>>9190821
God speed.

>>9190834
To be fair, it's just a 3 month correction at this point. Hopefully tomorrow or this afternoon will be green and life will be good.

I think a lot has to do with Korea relations and nobody beating the war drum.

>>9190225
WWR

>>9190506
In the past nine days, I've only had ONE green day. This market sucks balls.

>>9190821
youre fucking retarded m8.
you might as well have wired that shit to me and let me daytrade with it. the chances wouldve been infinitely higher of ever seeing a return.

that theta is going to make you worthless by the end of the day, if it DOES reverse the vega will crush you, and it expires on friday.

you are a fucking absolute mong and you fully deserve what just happened to you (even if you dont realize it)

>>9190821
>>9190846
>>9190849
I’m so glad I don’t understand options right yet

>>9190863
I just want somebody to tell me I’m gonna make it.

>>9190849
Think I should go for the 05/11 strike date? This is robinhood SO i dont get fees on closing
>>9190846
I'll only lose half :^)

>>9190846
The most he can lose is 3 cents (low risk), but he has the potential for those go up to 6 cents or 100% (high reward). He's either going to make money (outcome 1) or he won't (outcome 2). Decent 50-50 odds on a low risk play if you ask me.

>>9190849
Yea, 5/4 doesn't leave much wiggle room.

Doesn't need to be ITM, just green. Hopefully we're at the bottom of whatever the cluster fuck today is called and it'll jump to .20-.40 tomorrow AM and he'll get out with some nice lunch money.

>>9190860
im kinda looking for under .01 im looking into ACGX right now

>>9190821
BASED

>>9190225
IQ, YEXT, and of course pic related.

>>9190905
just glaning at the greeks shows that even if it turns he will lose to vega. basically if it doesnt end up ITM TODAY, theta is gonna eat whatever is left and he wont be able to back out of the trade because no one will buy that shit

>>9190890
Who is going to buy 5/4 contracts horribly out of the money though when he tries to sell? This stock isn't going to be ITM in 3 days.

>>9190882
we're all gonna make it

>>9190821
whoever sold those to you are probably laughing their ass off right now

>>9190937
>Who is going to buy 5/4 contracts horribly out of the money though when he tries to sell?
His brother from another mother.

>>9190971
hah youre gonna try and save him?
seems like a fucking retarded play desu

>>9189490
Pls :(

>>9190984
he only has to sell the contract, doubt it will be itm at time of expiration but i've seen some shit desu

Daily reminder of TVIX restructuring and mega-deal with Israel.

>>9191009
Yeah but there has to be bids on it, which I doubt anybody would buy that contract tomorrow or later.

>>9190821
>market value $3.00
who cares lmao
I lost more than that hodling the SPX in the last five seconds let anon have his fun

>>9191041
>>market value $3.00
Yeah at 103 contracts

>>9191041
it's $300, options are always 100x

>>9191009
judging by delta hes got 6% chance. judging by the rest of his greeks id say its A LOT smaller than that. if i managed to sell those (100 FUCKIN CONTRACTS) to anyone, i would be loving life right now. he just made some poor sap who was planning to lose it all VERY happy

>>9191012
fool me once....

>>9191041
Pls no bully us poorfags

>>9191035
hmm hmm hmm. I'd better back out today during power hour if my dick goes flaccid.

>>9191069
poorfriends :)

>>9191072
Back out this very instance!!! Put that money into literally anything else.

MTCH is in a fucking free fall right now.
Anybody know what's up?

>>9191094
ILL JUST TAKE 66% OUT OKAY DX

>>9191012
Me TA unironically say TVIX $10000 sometime in future

>>9191100

>>9191041
jesus fucking christ we got some invalids here today. lel, you should do it too.
brb writing several thousand OTM calls

just hand over the money quickly and quietly and only you will be hurt, got it?

>>9191100
This is the year of the beta uprising.

>>9188332
Weat is the better play

>>9191122
I only buy OTM puts tho

>>9191066
Haha black r base. Honor ary wyte

>>9187918
My x16 short is on this market

>>9191120
they got zucc'd

>>9191149
ill look into it. is it the same seasonal play as corn?
>>9191158
kek
wallstreet fucking LOVES you m8

>>9191158
That's fine if you give yourself more than 3 days to cover.

>>9191172
this
i buy OTM shit too
i DONT however buy OTM shit with less than 4 days to expiry (unless im literally daytrading for a single swing). thats retarded

>>9191171
i consider myself wall street's sugar daddy. she loves me but only if I buy her nice things

>>9191132
Kek.

>>9191170
Wow. That's wild.
I'm going to buy anyways when the knife stops falling.
I already have FB call options, so I'll make money either way.

>>9191170
>facebook dating tools
RIP shorters
I mean I'll probably never be able to leave facebook again

>>9191223
>I already have FB call options, so I'll make money either way.
that's not how this game works

>>9191149
corn has wheat beat for sure based on how im trading it.

Oil is getting fucked. We need a fucken happening in sand niggerville like now!

>>9190821
So he’s betting that it’ll go up at least 1.50 in 3 days? Am I read this right?

>>9191280
why would you call for suffering on your fellow human beings?

>>9191100
No one wants 3DPD anyone. Short roasties, long VR and robotics

>>9191241
In that competition drives down profit margins for both.
However, I'm thinking this is an over reaction for MTCH

>>9191297
Jews and Iranians are not my fellow human beings.

>>9191303
based
sell me your roasties for cheap

The markets unstable enough, when will these boomer fucks start buying gold again, I want to sell my call

>>9191330
boomers are moving to cash and bonds anon. they have to finance their retirements, travel and hip replacements

>>9191280
yeah my swing contracts are toast at this point. but im not shook just yet. oil sometimes does these huge dumps before a big run because its so controlled. i think today is mostly the DOW dragging it down and no news on syria yet

>>9191313
>However, I'm thinking this is an over reaction for MTCH
could be right.. i might pick up some calls

>>9191350
My hands are complete iron with oil, it's not a matter of if we start or war in the middle east, it's when.

>>9191350
but then i have a year and a half on my contracts, so idgaf WHAT it does in the near term really

Do I see a 2pm rally???

>>9191303
BOTZ has been falling for weeks.

>>9191380
you know what those are usually followed by, dont you? especially on FED days

>>9191380
boomers will dump on us to finance their late lunches, curse them

Wow sudden green dildo, what happened

>>9191357
This really is bad for MTCH. But, the market is most likely over reacting in the short term.
It is a profitable company already.

>>9191297
>implying apes that speak farsi are human.

>>9191375
Yeah it's just kind of discouraging. I have like a third of my portfolio tied to oil right now and it's making me red.

>>9191419
WOAH
millennials are pulling though. based.

>>9191419
i think were swimming with the bogs right now m8. this is big green dildo and no follow through looks terrible (ie it looks like a short entry)

>>9191417
Boomers are fascinating, they are capable of tanking the market and TVIX and UVXY at the same time. That is some precision level shit.
>>9191428
46% of my portfolio is oil, ride or die baggie.

>>9191419
I'm 0.01% in the green. FINALLY. We're gonna make it, boys.

>>9191407
Yea, tomorrow is going to be just like today.

NEW
>>9191472

NEW
>>9191472

NEW
V>>9191472

>>9191294
Yes. And judging from the TA this is certainly possible.

>>9191428
as long as you got time, dont even worry m8. if youre scared buy a put for tomorrow. it might build for a couple days before it takes off. the big guys have to buy in smaller lots so as to not blast the price way up, and once they accumulate its going up. you can fucking bet on it

the DOW getting smashed today did us absolutely no favors however

>>9191475
i was implying up at 2 and down by 3 has been the mantra for every single FED day sans maybe one of them

lets see if the pattern continues

>>9191272
What does that mean?

>>9190641
Well you can do 3 day trades in a 5 day span without being labeled a pattern day trader. Though you have to have a margin account to be able to do this. the way around this is you could hold a stock for a day or two and then sell. You do not want to be a pattern day trader unless you are able to have 25000 in your account, if you cant you'll be either locked out of account or limited in what you can do. similarly you do not want to be a "Free Rider" as this will cause your account to be frozen for 90 days.

>>9191100
it's overvalued and in a highly competitive market that has a lot of controversy that can pop up at any moment

>>9191280
it's mostly china sanction fears