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**OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR
01-25-2021, 04:02 PM
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#9871
Originally Posted By TugOfPeace⏩
Not sure your entry points but tell me this:Did you read my post above (see below):
Based on that you still think I took a loss?
Based on that you still think I took a loss?
You sold CC's for a total premium of $1750, but paid $10,190 to close it. Deduct that $8440 from your other sale. It's definitely not the wrong way to do things if you can come out ahead, but like I mentioned in my previous post, there's other ways to protect yourself. Including waiting to see if things die down. You had almost a month left on those contracts, that allows for a lot of correction plus theta decay.
"It won't get better, just different."
01-25-2021, 04:05 PM
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#9872
- TugOfPeace
- 1012 ng/dl
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- TugOfPeace
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Originally Posted By chino3⏩
My cost basis was around $28.50.Not sure your entry points but tell me this:
You sold CC's for a total premium of $1750, but paid $10,190 to close it. Deduct that $8440 from your other sale. It's definitely not the wrong way to do things if you can come out ahead, but like I mentioned in my previous post, there's other ways to protect yourself. Including waiting to see if things die down. You had almost a month left on those contracts, that allows for a lot of correction plus theta decay.
You sold CC's for a total premium of $1750, but paid $10,190 to close it. Deduct that $8440 from your other sale. It's definitely not the wrong way to do things if you can come out ahead, but like I mentioned in my previous post, there's other ways to protect yourself. Including waiting to see if things die down. You had almost a month left on those contracts, that allows for a lot of correction plus theta decay.
So:
Premium: +$1,750
Close the call: -$10,190
Profit from above $30: $8,000 (not counting the $1,500 from cost basis)
Net: -$440, or +$1060 if I factor in the profit from $28.50 to $30
I was thinking the same thing that there's still 3-4 weeks left for theta decay, but I started wondering if by tomorrow we start to move into the $40 range, it would suck to not see that profit, so I closed early. Good learning experience at the very least, now I know what the process feels like. Easier to say that IDGAF if my strike price is reached and the stock moons.. not so easy in practice.
I think the bigger loss here is opening up the call in the first place; had I not done it, would've kept that $8,000 profit.
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
01-25-2021, 04:11 PM
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#9873
- Galindo62
- neck of peace
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- Galindo62
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Originally Posted By NoScrubz⏩
Don't forget you still keep the premium.Pretty sure you lost around $8.5k
I used to have an AVI of my traps and neck. I changed it a while back and tried editing my user title but this website is glitched and it will not let me change it anymore.
01-25-2021, 04:11 PM
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#9874
- thatsnarf
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- thatsnarf
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ATTN all TD users:
why the hell does my "watchlist" not automatically refresh itself anymore. It doesn't show price movement at all. no more blinking green and red Christmas lights . I've had this account since like 2007-2008. has never been like this.
i'm just there hitting the refresh arrow like an idiot. did i mess up my "watch" settings some how?
why the hell does my "watchlist" not automatically refresh itself anymore. It doesn't show price movement at all. no more blinking green and red Christmas lights . I've had this account since like 2007-2008. has never been like this.
i'm just there hitting the refresh arrow like an idiot. did i mess up my "watch" settings some how?
01-25-2021, 04:11 PM
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#9875
- TugOfPeace
- 1012 ng/dl
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- TugOfPeace
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Btw.. on the topic of rolling out calls. Can you do that indefinitely?
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
01-25-2021, 04:25 PM
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#9876
Originally Posted By Galindo62⏩
That was minus including the premiumDon't forget you still keep the premium.
Originally Posted By thatsnarf⏩
not sure, but it hasn't been tracking prices accurately for the past week. I find myself checking ST for updated pricing...ATTN all TD users:
why the hell does my "watchlist" not automatically refresh itself anymore. It doesn't show price movement at all. no more blinking green and red Christmas lights . I've had this account since like 2007-2008. has never been like this.
i'm just there hitting the refresh arrow like an idiot. did i mess up my "watch" settings some how?
why the hell does my "watchlist" not automatically refresh itself anymore. It doesn't show price movement at all. no more blinking green and red Christmas lights . I've had this account since like 2007-2008. has never been like this.
i'm just there hitting the refresh arrow like an idiot. did i mess up my "watch" settings some how?
Originally Posted By TugOfPeace⏩
yupBtw.. on the topic of rolling out calls. Can you do that indefinitely?
"It won't get better, just different."
01-25-2021, 04:31 PM
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#9877
- FFailed
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- FFailed
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Originally Posted By TugOfPeace⏩
So essentially you raised the cost basis of your shares $8.44 assuming you have 1000 shares.My cost basis was around $28.50.
So:
Premium: +$1,750
Close the call: -$10,190
Profit from above $30: $8,000 (not counting the $1,500 from cost basis)
Net: -$440, or +$1060 if I factor in the profit from $28.50 to $30
I was thinking the same thing that there's still 3-4 weeks left for theta decay, but I started wondering if by tomorrow we start to move into the $40 range, it would suck to not see that profit, so I closed early. Good learning experience at the very least, now I know what the process feels like. Easier to say that IDGAF if my strike price is reached and the stock moons.. not so easy in practice.
I think the bigger loss here is opening up the call in the first place; had I not done it, would've kept that $8,000 profit.
So:
Premium: +$1,750
Close the call: -$10,190
Profit from above $30: $8,000 (not counting the $1,500 from cost basis)
Net: -$440, or +$1060 if I factor in the profit from $28.50 to $30
I was thinking the same thing that there's still 3-4 weeks left for theta decay, but I started wondering if by tomorrow we start to move into the $40 range, it would suck to not see that profit, so I closed early. Good learning experience at the very least, now I know what the process feels like. Easier to say that IDGAF if my strike price is reached and the stock moons.. not so easy in practice.
I think the bigger loss here is opening up the call in the first place; had I not done it, would've kept that $8,000 profit.
01-25-2021, 04:32 PM
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#9878
01-25-2021, 04:36 PM
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#9879
- HMFIC_BROWSIN
- Buy high, sell higher.
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- HMFIC_BROWSIN
- Buy high, sell higher.
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Originally Posted By Travis99⏩
This is the most appropriately titled thread of all time lmaoJanet Yellen confirmed. Ride Americaβs financial coat tails all the way to the poor house.
BB opens at $25 tomorrow.
BB opens at $25 tomorrow.
01-25-2021, 04:38 PM
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#9880
- TugOfPeace
- 1012 ng/dl
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- TugOfPeace
- 1012 ng/dl
- Join Date: Oct 2013
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Originally Posted By Travis99⏩
Get ready to pay taxes on your unrealized gains boyo.Janet Yellen confirmed. Ride Americaβs financial coat tails all the way to the poor house.
BB opens at $25 tomorrow.
BB opens at $25 tomorrow.
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
01-25-2021, 04:51 PM
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#9881
- thatsnarf
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- thatsnarf
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Originally Posted By chino3⏩
just randomly saw the "streaming" wifi looking icon on the bottom. it was off. hopefully it streams at work tomorrow.That was minus including the premium
not sure, but it hasn't been tracking prices accurately for the past week. I find myself checking ST for updated pricing...
yup
not sure, but it hasn't been tracking prices accurately for the past week. I find myself checking ST for updated pricing...
yup
01-25-2021, 05:13 PM
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#9882
- Lb54TG
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- Lb54TG
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GME at 87 AH boys
Might trade 100+ in PM
BB at 19.50
I might make it. We're all gonna make ittt
Might trade 100+ in PM
BB at 19.50
I might make it. We're all gonna make ittt
Asian Crew. Always Rep Back Crew. Positivity Crew.
/\^/\^ Misc Colorado Crew ^/\^/\
01-25-2021, 05:14 PM
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#9883
01-25-2021, 05:17 PM
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#9884
01-25-2021, 05:21 PM
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#9885
- Harry362
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- Harry362
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Originally Posted By Arem24⏩
Man I bought 1000 shares of Pltr opening day sold for 27, been selling csp since then was always planning on holding for long but didnβt stick to planGet in on Palantir tomorrow. Thank me later.
Up $54,745 on CCiV for now until next dump
01-25-2021, 05:25 PM
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#9886
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By SolidPaul⏩
I am thinking people will jump to GM considering they had big green push last few weeks.Almost panic sold the options I had in them. Was down like 30% for June expiry. Nice, gonna sell them tomorrow now.
https://thenewswheel.com/gm-unveils-...-delivery-van/
01-25-2021, 05:38 PM
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#9887
- Lb54TG
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- Lb54TG
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Originally Posted By Harry362⏩
i know how you feel, sold AMC at 3.15 on fridayMan Iβm not Iβm GME BB or AMC
Feel like I missed the boat
Feel like I missed the boat
GME is gonna run up triple digits tmr, you can pick up in AH right now.
BB still gonna be a strong hold. AMC short term 5.50.. months down $7+
you good fam
Asian Crew. Always Rep Back Crew. Positivity Crew.
/\^/\^ Misc Colorado Crew ^/\^/\
01-25-2021, 06:15 PM
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#9888
Originally Posted By Lb54TG⏩
I was down yuge nearly -50% on BB calls lord the pressure of diamond handsi know how you feel, sold AMC at 3.15 on friday
GME is gonna run up triple digits tmr, you can pick up in AH right now.
BB still gonna be a strong hold. AMC short term 5.50.. months down $7+
you good fam
GME is gonna run up triple digits tmr, you can pick up in AH right now.
BB still gonna be a strong hold. AMC short term 5.50.. months down $7+
you good fam
Can retail investors really take down the short sellers and Melvin Capital?
01-25-2021, 06:30 PM
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#9889
- bananastand11
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- bananastand11
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Just f*cking lol at buying Nio. Has been red ever since I bought it. Got to green at open lol jokes back to red. POS.
01-25-2021, 07:56 PM
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#9890
- MinisterOfLust
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- MinisterOfLust
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Originally Posted By TugOfPeace⏩
Wood banged for greensGet ready to pay taxes on your unrealized gains boyo.

01-25-2021, 08:06 PM
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#9891
- MinisterOfLust
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- MinisterOfLust
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Originally Posted By bananastand11⏩
Not sure if seriousJust f*cking lol at buying Nio. Has been red ever since I bought it. Got to green at open lol jokes back to red. POS.
01-25-2021, 08:33 PM
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#9892
01-25-2021, 09:32 PM
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#9893
01-25-2021, 09:40 PM
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#9894
01-25-2021, 10:05 PM
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#9895
Originally Posted By Venom08⏩
Absolutely possible later this week. Guessing tomorrow will peak at 200ish, halt several times, then come back down to 100. It's like a tug of war, highly doubt it will go sideways. Repeat until +1000 or big men intervene.Is gme going to $400?
If everyone paper hands then it's over.
01-25-2021, 10:48 PM
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#9896
- usersignup2
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- usersignup2
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Days like this make me nervous. Scaled some of my plays conservatively but volatility sky high. 4.5K in premiums this week.
STO
PLTR- buy/write Jan29 42C x5
PLTR - Jan29 36P x5
AAPL - Jan29 165C
TSLA - Jan29 1100C x2
last weeks PLTR 30CC called away but made $2500 on the position not including option premiums earned.
STO
PLTR- buy/write Jan29 42C x5
PLTR - Jan29 36P x5
AAPL - Jan29 165C
TSLA - Jan29 1100C x2
last weeks PLTR 30CC called away but made $2500 on the position not including option premiums earned.
01-25-2021, 11:42 PM
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#9897
Originally Posted By hiyooo⏩
Deepfawkenvalue peaked at around a cool $25 milli after it almost touched 150 lmaoAbsolutely possible later this week. Guessing tomorrow will peak at 200ish, halt several times, then come back down to 100. It's like a tug of war, highly doubt it will go sideways. Repeat until +1000 or big men intervene.
If everyone paper hands then it's over.
If everyone paper hands then it's over.
Noobie question since I've never dabbled in options but can anyone explain what the 40C and $0.01 mean?
GME 02/15/21 40 C $0.01
01-26-2021, 12:26 AM
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#9898
01-26-2021, 12:46 AM
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#9899
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