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06-18-2021, 12:56 PM
#4231
Originally Posted By lntense
Market makers unhedging more than likely combined with day traders getting out.
plus a ton of people taking profit out the gazillion itm calls

ok week - i can't complain much
"Paper money is going away" - EM
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06-18-2021, 01:06 PM
#4232
Tesla up
Canoo calls up
AMC testing $60 AH


Not a bad day




The DOW though.. Money seems to be moving around quite a bit. Could be a good sign for amc/gme.
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06-18-2021, 01:39 PM
#4233
SPY dividend date was today. I looked historically and it usually dipped around 1% like it did today on these dates. It also kept dipping for another 3-5 days in most cases after until it had a huge run. I think the bottom will be around $410 and ill probably by 2-4 week dates calls on Wednesday/Thursday on SPY or pretty much anything that dumped
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06-18-2021, 02:28 PM
#4234
Originally Posted By buckeyenutz
Bought some July 16 calls for C and WFC at close–they're way down. Speculating they'll be back up soon.
7.16 Calls for C finished up 6.25% by close—I went ahead and bought some SQ 7.23 puts at open and they’re up 4.75%. WFC 7.16 calls down 20%. In all a red day; but to be expected betting against current trends.
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06-18-2021, 02:38 PM
#4235
we are getting a big pullback over the next 2 weeks. Should be a healthy pull back though.
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06-18-2021, 03:18 PM
#4236
Originally Posted By roughinhouse
we are getting a big pullback over the next 2 weeks. Should be a healthy pull back though.
What makes you say that??
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06-18-2021, 04:05 PM
#4237
Originally Posted By roughinhouse
we are getting a big pullback over the next 2 weeks. Should be a healthy pull back though.
Rule #1: Never listen to anyone who says they know what the market will do.
See title.

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06-18-2021, 05:48 PM
#4238
Originally Posted By roughinhouse
we are getting a big pullback over the next 2 weeks. Should be a healthy pull back though.
This is the same guy shilling oil 4 months ago when it was $67 and saying buying calls in the SPY dip is free money

Dude must be so smart and a billionaire
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06-18-2021, 06:49 PM
#4239
Originally Posted By Lefticle
Rule #1: Never listen to anyone who says they know what the market will do.
This is generally true.

Some people do know though.

It's hard to tell who knows and who doesn't so most people just blanket it with "no one knows what the markets will do".
I: Self, Lord and Master.

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06-18-2021, 09:57 PM
#4240
Finally got my account to back above (just barely) where it was before the big February growth/tech correction.

Originally Posted By BulkingIsHard
So why is the market dipping harder an entire day after the fed's meeting?
Bullard being a *******. It's a big nothing though.

Originally Posted By roughinhouse
we are getting a big pullback over the next 2 weeks. Should be a healthy pull back though.
Doubtful. I bought July and September SPY calls after the close. I'll be surprised if any further dip doesn't immediately get bought up next week.
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06-19-2021, 06:45 AM
#4241
Originally Posted By Abzu
This is generally true.

Some people do know though.

It's hard to tell who knows and who doesn't so most people just blanket it with "no one knows what the markets will do".
No, they don’t. And especially not anyone on the misc
See title.

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06-19-2021, 06:56 AM
#4242
Originally Posted By Abzu
This is generally true.

Some people do know though.

It's hard to tell who knows and who doesn't so most people just blanket it with "no one knows what the markets will do".
We can all be sure about one thing - PLTR to the moooonn
He/Him/Bro
Let's go Brandon!!
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06-19-2021, 12:34 PM
#4243
Originally Posted By Lefticle
No, they don’t. And especially not anyone on the misc
They would be multi millionaire.

No one knows chit. People can guess only
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06-19-2021, 03:04 PM
#4244
AMC turning into a teslaesque slow and gradual short squeeze. Interdasting



Originally Posted By Elias373
We can all be sure about one thing - PLTR to the moooonn
A, for consistency and perseverance lmao.


PLTR will “moon” one day. But there are a lot of other opportunities in the mean time.
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06-19-2021, 03:06 PM
#4245
To any papa bears itt have a good Father’s Day tomorrow
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06-20-2021, 02:06 AM
#4246
any Miscer's into early stage stuff like venture capital or angel investing?
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06-20-2021, 07:12 AM
#4247
Originally Posted By Gizzyhardcore
any Miscer's into early stage stuff like venture capital or angel investing?
Do SPACs count?
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06-20-2021, 08:01 AM
#4248
Originally Posted By Gizzyhardcore
any Miscer's into early stage stuff like venture capital or angel investing?
You generally need to be a millionaire to perform this type of investing (~$250-500k minimum investment accepted by top quartile firms, and these types of investments should probably only be ~10% of your overall portfolio) but curious to hear answers
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06-20-2021, 09:24 AM
#4249
Originally Posted By BulkingIsHard
This is the same guy shilling oil 4 months ago when it was $67 and saying buying calls in the SPY dip is free money

Dude must be so smart and a billionaire
When did I shill oil? Also buying spy leaps during a big dip is free money as long as the economy doesnt crash. If spy goes less than $410, ofc I'm buying spy leaps. Also reason I think it's going to pullback is because this is always what happens with FOMC. They make a little bull trap and then pull the rug.
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06-20-2021, 10:23 AM
#4250
Originally Posted By roughinhouse
When did I shill oil? Also buying spy leaps during a big dip is free money as long as the economy doesnt crash. If spy goes less than $410, ofc I'm buying spy leaps. Also reason I think it's going to pullback is because this is always what happens with FOMC. They make a little bull trap and then pull the rug.
My bad that was the other retard, NoScrubz

Oh yea, genius plan. Just perfectly time the dip with calls, it's free money! Theta, what's that?
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06-20-2021, 12:07 PM
#4251
Originally Posted By BulkingIsHard
My bad that was the other retard, NoScrubz

Oh yea, genius plan. Just perfectly time the dip with calls, it's free money! Theta, what's that?
Dont need to perfectly time it… Spy hits 405, do you think it'll go to back to 420 within a year? If yes buy a leap. Even it dips lower, you still have a lot of time.
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06-20-2021, 12:45 PM
#4252
PLTR is on the launch pad
He/Him/Bro
Let's go Brandon!!
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06-20-2021, 03:08 PM
#4253
Originally Posted By roughinhouse
Dont need to perfectly time it… Spy hits 405, do you think it'll go to back to 420 within a year? If yes buy a leap. Even it dips lower, you still have a lot of time.
You're still always fighting theta. It's not free money
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06-20-2021, 03:25 PM
#4254
I’m so glad wincel stays out of this thread lol
See title.

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06-20-2021, 03:33 PM
#4255
Originally Posted By Lefticle
I’m so glad wincel stays out of this thread lol
he doesn't have any money to invest
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06-20-2021, 03:38 PM
#4256
Originally Posted By Crazy_Desi
he doesn't have any money to invest
Nope. Even if he did, he’d pretend he knows exactly where the market will go and lose his all money as a result
See title.

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06-20-2021, 04:38 PM
#4257
Originally Posted By Lefticle
Nope. Even if he did, he’d pretend he knows exactly where the market will go and lose his all money as a result
KingSWRV has enter the chat
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06-20-2021, 07:17 PM
#4258
not looking good for tomorrow, asian markets are deep red
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06-20-2021, 07:22 PM
#4259
Well there goes my calls

Free money right?
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06-20-2021, 08:00 PM
#4260
Originally Posted By roughinhouse
Dont need to perfectly time it… Spy hits 405, do you think it'll go to back to 420 within a year? If yes buy a leap. Even it dips lower, you still have a lot of time.
Originally Posted By BulkingIsHard
You're still always fighting theta. It's not free money
^^This…

Jan 2023 $420C x 10 @ $34.39 LEAP, for example…



https://www.optionsprofitcalculator....long-call.html
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