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ยป **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
06-15-2021, 10:06 AM
#3991
Damn boyos, today is a bloodbath.
Thanks Biden!
Thanks Biden!
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06-15-2021, 10:11 AM
#3992
Originally Posted By StallionRx⏩
Got out of GME last week. Major downward trend. Need to see some consolidation before moving back in.
The only catalyst left for GME and AMC is the decision by Russell coming some time this week or next week.
https://www.bloomberg.com/news/artic...n-russell-1000
I have no idea how it plays out if they are added maybe it pops like Tesla did when it was added to SP.
In case someone needs refresher.
Pension funds track Russell index.
If these guys decide to add say 1-2% weight to GME
https://www.ftserussell.com/products/indices/russell-us
Than pension funds would need to buy GME shares.
So lets says June 25th they decided to put 1% percent weight on AMC.
Some big pension fund that has say $1 billion to re balance.
They would need to buy $10 million of AMC shares (ie 165K shares at current price)
that being said please don't assume this is always bull case. I only found tesla atm that popped on sp inclusion. other stocks went in seamlessly without any pop.
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06-15-2021, 10:19 AM
#3993
A lot of calls itm for friday.^
Could see some gamma squeezing on amc
Could see some gamma squeezing on amc
06-15-2021, 10:22 AM
#3994
TTCF sqwoozing?
STEM Wagie Brah
06-15-2021, 10:29 AM
#3995
Originally Posted By MinisterOfLust⏩
repped
Damn boyos, today is a bloodbath.
Thanks Biden!
Thanks Biden!
See title.
Always Neg Back Crew.
06-15-2021, 10:34 AM
#3996
Originally Posted By MinisterOfLust⏩
Cannot confirm, my two accounts rn
Damn boyos, today is a bloodbath.
Thanks Biden!
Thanks Biden!
Thanks Biden!
06-15-2021, 10:38 AM
#3997
cathi woods looking very foolish today…
oil > 70
it seems her magic ran out…
oil > 70
it seems her magic ran out…
"Paper money is going away" - EM
06-15-2021, 10:38 AM
#3998
Originally Posted By lntense⏩
A lot of calls itm for friday.^
Could see some gamma squeezing on amc
Could see some gamma squeezing on amc
don't think it happens.
AMC looks to be pinned between $40 and $60 where majority of call and put buying is.
Its been 8 trading days where they have kept AMC within $40-60. They will do so until they are bored collecting premium.
to me this week will all be about Jpow and what he says tmmrw.
Friday shiitload of gamma expires due to quad witching day.
so who knows what happens next week.
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06-15-2021, 10:40 AM
#3999
Originally Posted By Destor⏩
thanks apes…
Cannot confirm, my two accounts rn
Thanks Biden!
Thanks Biden!
amc still delivering the greens lol
"Paper money is going away" - EM
06-15-2021, 10:43 AM
#4000
Originally Posted By Carbonfibre⏩
don't think it happens.
AMC looks to be pinned between $40 and $60 where majority of call and put buying is.
Its been 8 trading days where they have kept AMC within $40-60. They will do so until they are bored collecting premium.
to me this week will all be about Jpow and what he says tmmrw.
Friday shiitload of gamma expires due to quad witching day.
so who knows what happens next week.
AMC looks to be pinned between $40 and $60 where majority of call and put buying is.
Its been 8 trading days where they have kept AMC within $40-60. They will do so until they are bored collecting premium.
to me this week will all be about Jpow and what he says tmmrw.
Friday shiitload of gamma expires due to quad witching day.
so who knows what happens next week.
Price will definitely reflect what he says.
There are also reverse repos maturing the next 10 days, could help amc
06-15-2021, 10:49 AM
#4001
I like how carbon always crush our amc dreams lol
that is what a good trader does - gotta look at angles and not just the one that confirm your bias
i am $49 and not moving a finger until monday - if i need to avg down cause they won't let the 40 exp itm then i will have cash for that and if it blows up i will ride it up as i always do
that is what a good trader does - gotta look at angles and not just the one that confirm your bias
i am $49 and not moving a finger until monday - if i need to avg down cause they won't let the 40 exp itm then i will have cash for that and if it blows up i will ride it up as i always do
"Paper money is going away" - EM
06-15-2021, 10:57 AM
#4002
Originally Posted By Destor⏩
A big part of my whole investing philosophy is investing in what you know and understand. If you know O&G, I think you'd be silly to not leverage that knowledge
Also in O&G and I spend 50-70hrs per week working in and thinking about the industry, so there's not much that I'm gonna have a more thorough understanding of
Also in O&G and I spend 50-70hrs per week working in and thinking about the industry, so there's not much that I'm gonna have a more thorough understanding of
Have question about Suncor.
Since no way in hell am I chasing XOM / CVX now.
Heard this morning that analyst are predicting now $80 barrel for this summer (sure looks to be happening)
JP even said $100 barrel by year end which would be nuts.
Suncor during peak oil price (2014) boom was $40ish.
What kind of prediction do you have? Since at current price there is still value to enter SU.
https://wallmine.com/nyse/su
Google has suncor pe at 1600.
which is clearly wrong after checking other sites.
Originally Posted By camaleom⏩
I like how carbon always crush our amc dreams lol
that is what a good trader does - gotta look at angles and not just the one that confirm your bias
i am $49 and not moving a finger until monday - if i need to avg down cause they won't let the 40 exp itm then i will have cash for that and if it blows up i will ride it up as i always do
that is what a good trader does - gotta look at angles and not just the one that confirm your bias
i am $49 and not moving a finger until monday - if i need to avg down cause they won't let the 40 exp itm then i will have cash for that and if it blows up i will ride it up as i always do
nah sorry I am just viewing it from options positioning, same thing happened with GME after January people kept buying up calls thinking next squeeze is coming.
we all know what happened its been pinned for months.
when IV is jacked to the moon.
professionals come in and farm the shiit out of noobs buying say $145 AMC strikes etc
retail traders basically get shredded playing options on amc unless its some pro that know what they are doing. ( I am none of those and not touching gme/amc options with ten foot pole)
I gave you potential catalyst above if AMC and GME get added to russell.
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06-15-2021, 10:58 AM
#4003
Originally Posted By camaleom⏩
Already knew they're buying and selling back and fourth and riding it up and down. My dreams stand strong lol. Buying stock each day during dips, staying away from options at this point.
I like how carbon always crush our amc dreams lol
that is what a good trader does - gotta look at angles and not just the one that confirm your bias
i am $49 and not moving a finger until monday - if i need to avg down cause they won't let the 40 exp itm then i will have cash for that and if it blows up i will ride it up as i always do
that is what a good trader does - gotta look at angles and not just the one that confirm your bias
i am $49 and not moving a finger until monday - if i need to avg down cause they won't let the 40 exp itm then i will have cash for that and if it blows up i will ride it up as i always do
I do my best to look for negative news daily on it, but I'm still confident in it and the numbers are there. (not even accounting naked shorts) I am a noob investor though.
$49 is a decent spot imo. There's enough room to exit if needed.
06-15-2021, 10:58 AM
#4004
Originally Posted By camaleom⏩
IMO selling premium on amc rn is where the money is at. 30 delta weekly calls were selling around 10% premium yesterday.
I like how carbon always crush our amc dreams lol
that is what a good trader does - gotta look at angles and not just the one that confirm your bias
i am $49 and not moving a finger until monday - if i need to avg down cause they won't let the 40 exp itm then i will have cash for that and if it blows up i will ride it up as i always do
that is what a good trader does - gotta look at angles and not just the one that confirm your bias
i am $49 and not moving a finger until monday - if i need to avg down cause they won't let the 40 exp itm then i will have cash for that and if it blows up i will ride it up as i always do
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06-15-2021, 11:01 AM
#4005
Originally Posted By usersignup2⏩
that is beyond my trading level right now lol :'(
IMO selling premium on amc rn is where the money is at. 30 delta weekly calls were selling around 10% premium yesterday.
buy share sell shares and puts here and there
still learning
"Paper money is going away" - EM
06-15-2021, 11:02 AM
#4006
Who all is still in UPST?
06-15-2021, 11:09 AM
#4007
don't lose hope yet btw on AMC.
just seems like they will keep this at $40-60 till end of week but maybe next week? who knows
https://twitter.com/ihors3
just seems like they will keep this at $40-60 till end of week but maybe next week? who knows
https://twitter.com/ihors3
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06-15-2021, 11:25 AM
#4008
100% they are bleeding but no end in sight - it feels like a staring contest atm
$AMC short int is $3.92BN
68.83M shs shorted
13.77% SI% of Float
12.10% S3 SI% Float
3.04% fee
Shs shorted down -11.9M shares, worth $676M, -15%, last week.
Shorts down -$5.16BN in 2021 mark-to-market losses; down -$172M on today's +15.4% move. Shorts are down -$3.14BN in June.
$AMC short int is $3.92BN
68.83M shs shorted
13.77% SI% of Float
12.10% S3 SI% Float
3.04% fee
Shs shorted down -11.9M shares, worth $676M, -15%, last week.
Shorts down -$5.16BN in 2021 mark-to-market losses; down -$172M on today's +15.4% move. Shorts are down -$3.14BN in June.
"Paper money is going away" - EM
06-15-2021, 11:34 AM
#4009
Originally Posted By Carbonfibre⏩
Morningstar has Suncor's fair value at $45.4 billion which puts its stock price right around $35, I believe they're carrying significantly more debt than main rival CNRL. Suncor hasn't reinstated their full dividend yet but I think it's safe to fully assume that will come roaring back, and I could see upside return to $40 when that happens.
Have question about Suncor.
Since no way in hell am I chasing XOM / CVX now.
Heard this morning that analyst are predicting now $80 barrel for this summer (sure looks to be happening)
JP even said $100 barrel by year end which would be nuts.
Suncor during peak oil price (2014) boom was $40ish.
What kind of prediction do you have? Since at current price there is still value to enter SU.
https://wallmine.com/nyse/su
Google has suncor pe at 1600.
which is clearly wrong after checking other sites.
Since no way in hell am I chasing XOM / CVX now.
Heard this morning that analyst are predicting now $80 barrel for this summer (sure looks to be happening)
JP even said $100 barrel by year end which would be nuts.
Suncor during peak oil price (2014) boom was $40ish.
What kind of prediction do you have? Since at current price there is still value to enter SU.
https://wallmine.com/nyse/su
Google has suncor pe at 1600.
which is clearly wrong after checking other sites.
I would say that the big gains in this space have probably already been made though, they could be good holds if you're into dividends and can wait to see if the stocks do make big moves upwards. Cenovus might have a good deal more room to run after their merger with Husky, and they're currently paying out almost nothing for a dividend, but those results remain to be seen.
Won't lie though, I haven't done thorough valuations on these companies and definitely have zero clue where the stock prices will go. But when the pandemic hit, I knew that the many tens of billions of $$$ in existing mines did not suddenly become worth much less and that oil wasn't going anywhere any time soon. None of that has changed and I think our oil majors will be cash flow machines for a long time to come, and I don't think any of them are currently overvalued in rough terms. CNQ is pushing it but the company is legit so financially disciplined and protective of shareholder value, they deserve to be leading the space right now and I expect big dividends from them in the future.
06-15-2021, 11:54 AM
#4010
more good news for gme and amc:
BREAKING NEWS
DTCC-2021-005 (Assets tagging/shared lending revision) goes live today.
WDYM? (roughly):
- Funds will need shares before using numerous strategies
- "naked shorting" becomes "impossible"
- Certain "hidden" strats become more difficult.
BREAKING NEWS
DTCC-2021-005 (Assets tagging/shared lending revision) goes live today.
WDYM? (roughly):
- Funds will need shares before using numerous strategies
- "naked shorting" becomes "impossible"
- Certain "hidden" strats become more difficult.
"Paper money is going away" - EM
06-15-2021, 12:15 PM
#4011
Holy chit my Canoo calls are printing.
06-15-2021, 12:17 PM
#4012
lets go gme. scared money dont make no money lets get it
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06-15-2021, 12:17 PM
#4013
Originally Posted By camaleom⏩
Sounds good have to see how it's implemented
more good news for gme and amc:
BREAKING NEWS
DTCC-2021-005 (Assets tagging/shared lending revision) goes live today.
WDYM? (roughly):
- Funds will need shares before using numerous strategies
- "naked shorting" becomes "impossible"
- Certain "hidden" strats become more difficult.
BREAKING NEWS
DTCC-2021-005 (Assets tagging/shared lending revision) goes live today.
WDYM? (roughly):
- Funds will need shares before using numerous strategies
- "naked shorting" becomes "impossible"
- Certain "hidden" strats become more difficult.
*PUREBLOOD CREW*
*DAD CREW*
*SUPER STRAIGHT*
*NATURAL DICK CREW*
*CCW*
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06-15-2021, 12:21 PM
#4014
Originally Posted By ListenHereBruh⏩
how about now
my gme yolo looking bad lol
"Paper money is going away" - EM
06-15-2021, 12:24 PM
#4015
Originally Posted By camaleom⏩
Much swings
how about now
*PUREBLOOD CREW*
*DAD CREW*
*SUPER STRAIGHT*
*NATURAL DICK CREW*
*CCW*
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06-15-2021, 12:48 PM
#4016
Just got out of the Canoo(GOEV) contracts at a 307% gain.
Now watch it run even more…
Need CLOV to continue this descent.
Well after hours may be interesting
Now watch it run even more…
Need CLOV to continue this descent.
Originally Posted By camaleom⏩
100% they are bleeding but no end in sight - it feels like a staring contest atm
$AMC short int is $3.92BN
68.83M shs shorted
13.77% SI% of Float
12.10% S3 SI% Float
3.04% fee
Shs shorted down -11.9M shares, worth $676M, -15%, last week.
Shorts down -$5.16BN in 2021 mark-to-market losses; down -$172M on today's +15.4% move. Shorts are down -$3.14BN in June.
$AMC short int is $3.92BN
68.83M shs shorted
13.77% SI% of Float
12.10% S3 SI% Float
3.04% fee
Shs shorted down -11.9M shares, worth $676M, -15%, last week.
Shorts down -$5.16BN in 2021 mark-to-market losses; down -$172M on today's +15.4% move. Shorts are down -$3.14BN in June.
Originally Posted By camaleom⏩
more good news for gme and amc:
BREAKING NEWS
DTCC-2021-005 (Assets tagging/shared lending revision) goes live today.
WDYM? (roughly):
- Funds will need shares before using numerous strategies
- "naked shorting" becomes "impossible"
- Certain "hidden" strats become more difficult.
BREAKING NEWS
DTCC-2021-005 (Assets tagging/shared lending revision) goes live today.
WDYM? (roughly):
- Funds will need shares before using numerous strategies
- "naked shorting" becomes "impossible"
- Certain "hidden" strats become more difficult.
Well after hours may be interesting
06-15-2021, 01:14 PM
#4017
Environmental requirements on projects in this part of the world are so wild. I'm on a job right now where we have a Peregrine falcon who has set up shop at one of our work areas and is basically stopping progress in that zone while a wildlife biologist monitors the eggs for hatching and any signs of issues with momma bird
06-15-2021, 01:32 PM
#4018
Have tingly feeling in my peepee about DKNG tmrw
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06-15-2021, 04:19 PM
#4019
Originally Posted By ListenHereBruh⏩
Waiting on that chit to hit $100
Have tingly feeling in my peepee about DKNG tmrw
Journal: https://forum.bodybuilding.com/showthread.php?t=139898123&page=240
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06-15-2021, 04:29 PM
#4020
Originally Posted By Destor⏩
reps on recharge.
Morningstar has Suncor's fair value at $45.4 billion which puts its stock price right around $35, I believe they're carrying significantly more debt than main rival CNRL. Suncor hasn't reinstated their full dividend yet but I think it's safe to fully assume that will come roaring back, and I could see upside return to $40 when that happens.
I would say that the big gains in this space have probably already been made though, they could be good holds if you're into dividends and can wait to see if the stocks do make big moves upwards. Cenovus might have a good deal more room to run after their merger with Husky, and they're currently paying out almost nothing for a dividend, but those results remain to be seen.
Won't lie though, I haven't done thorough valuations on these companies and definitely have zero clue where the stock prices will go. But when the pandemic hit, I knew that the many tens of billions of $$$ in existing mines did not suddenly become worth much less and that oil wasn't going anywhere any time soon. None of that has changed and I think our oil majors will be cash flow machines for a long time to come, and I don't think any of them are currently overvalued in rough terms. CNQ is pushing it but the company is legit so financially disciplined and protective of shareholder value, they deserve to be leading the space right now and I expect big dividends from them in the future.
I would say that the big gains in this space have probably already been made though, they could be good holds if you're into dividends and can wait to see if the stocks do make big moves upwards. Cenovus might have a good deal more room to run after their merger with Husky, and they're currently paying out almost nothing for a dividend, but those results remain to be seen.
Won't lie though, I haven't done thorough valuations on these companies and definitely have zero clue where the stock prices will go. But when the pandemic hit, I knew that the many tens of billions of $$$ in existing mines did not suddenly become worth much less and that oil wasn't going anywhere any time soon. None of that has changed and I think our oil majors will be cash flow machines for a long time to come, and I don't think any of them are currently overvalued in rough terms. CNQ is pushing it but the company is legit so financially disciplined and protective of shareholder value, they deserve to be leading the space right now and I expect big dividends from them in the future.
ty
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