[ 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: 280 KB, 1390x1138, Screen Shot 2020-11-02 at 9.14.45 AM.png [View same] [iqdb] [saucenao] [google]
23680884 No.23680884 [Reply] [Original]

Did I fuck up?

>> No.23680970

>>23680884
Why aren't they dropping?!

>> No.23681071

Your first mistake was thinking anything logical would happen in this clown world we live in now.

>> No.23681105

>>23681071
I got till the 13th. Let it ride baby. It's not even my money I'm working with.

Also unrelated question: what's the most amount of my dad's money I could lose and still have him love me?

>> No.23681139
File: 28 KB, 586x395, Premium-Time-Decay options.png [View same] [iqdb] [saucenao] [google]
23681139

>>23680884
>Did I fuck up?
You might have

>>23680970
>Why aren't they dropping?!
might be an election related pump

If your learning options check this guy out
https://www.youtube.com/channel/UCYOHtOzMZGwXBLZX1Ltf78g

>>23681105
>I got till the 13th. Let it ride baby
Good luck anon

>> No.23681445

>>23681139
>If your learning options check this guy out
Will do thank you. I'm a CFA candidate so I'll supplement this in.

>> No.23681990
File: 1.23 MB, 1334x750, chad options trader.png [View same] [iqdb] [saucenao] [google]
23681990

>>23681445
>Will do thank you. I'm a CFA candidate so I'll supplement this in.
Excellent then you should learn options faster than most.

My humble recommendation would be to take it slow and make small bets to start, also learn about selling options too, not just buying them.

>> No.23682060

>>23681990
Yep, I want to try out the wheel strategy (sell puts and using the premium to keep buying long? I think that's it)

>> No.23682620
File: 50 KB, 281x213, Chris-Cole.png [View same] [iqdb] [saucenao] [google]
23682620

>>23682060
>Yep, I want to try out the wheel strategy (sell puts and using the premium to keep buying long? I think that's it)
Very good idea anon.

I did that wheel strategy on a mining stock MUX in March sold puts then bought calls with the premium that trade worked out well so far.

Another strategy is, I sell spreads to make directional bets and collect premium, then take the premium to buy shorter dated options that will either 10-100x if a big move happens or go to zero if not.

So far the big move hasn't happened but I've broken even since I collected the premium to buy the low probability options.

For advanced options concepts the best person I have found is Chris Cole
https://www.youtube.com/watch?v=ywelSxtcrKE

>> No.23682840

>>23682620
See, I wish /biz/ consisted more of this type of discussion and less of dopamine deprived gamblers peddling shitcoins.

>> No.23683145
File: 1.94 MB, 500x500, 1600332977247.gif [View same] [iqdb] [saucenao] [google]
23683145

>>23682840
>See, I wish /biz/ consisted more of this type of discussion and less of dopamine deprived gamblers peddling shitcoins.

We have a discord server with people from biz you might like
msg me on discord and I'll send you an invite
privateidentity#4757

>> No.23683957

>>23681105
Half

>> No.23684145

>>23683957
Welp

>> No.23684921

you fucked up cause not invested in CVP