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**OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR
01-21-2021, 09:04 AM
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#9121
- SpeedCheeser
- 4doorsmorewhores
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- SpeedCheeser
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Originally Posted By chino3⏩
Back at ya. I'm far from an expert but try to help when I can. I stopped thinking I could predict the market and time stocks long ago. I'll still take little opportunities here and there if something jumps out, but for the most part I'm all in indexes. Selling options is the only way I'm actively trading most of the time anymore. I actually haven't been putting much in my taxable accounts where I do this stuff because I've been focusing on getting my Roth started. I was dumb and put it off for way too long.repped as always.
FWIW, after I got stuck with RKT for 6 months, I decided to stop trying to trade my way to success, and focus on what was far more interesting and entertaining for me which is options. And I have been appreciative of the knowledge you have shared with me since I began that journey. Would like to see more people post in here with their options plays, specifically managing the, etc, because I don't think my original idea for an options thread will come to fruition.
For anyone curious, my 1/29 TSLA play can be viewed below. Disclaimer, I would not advise anyone else to handle a position like this...
http://opcalc.com/lwc
FWIW, after I got stuck with RKT for 6 months, I decided to stop trying to trade my way to success, and focus on what was far more interesting and entertaining for me which is options. And I have been appreciative of the knowledge you have shared with me since I began that journey. Would like to see more people post in here with their options plays, specifically managing the, etc, because I don't think my original idea for an options thread will come to fruition.
For anyone curious, my 1/29 TSLA play can be viewed below. Disclaimer, I would not advise anyone else to handle a position like this...
http://opcalc.com/lwc
Originally Posted By mikebadg3⏩
There's nothing necessarily wrong with it, and sideways movement is usually really good for iron condors. Personally, I don't think I'd get into HD right now though because IV is really low for them, which isn't ideal for entering most premium selling positions. They also have earnings coming up in a month, which will tend to increase volatility. However, you could do one in the Feb monthly cycle and avoid earnings if you really wanted to try something.What do you guys think about iron Condor strategy on something pretty boring like Home Depot or something
Misc Firearms Crew
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RIP YGST
01-21-2021, 09:12 AM
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#9122
- TugOfPeace
- 1012 ng/dl
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- TugOfPeace
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Originally Posted By chino3⏩
There are rumors that MMs are pinning it down because they don't want it to pop until after the merger (convenient excuse for bulls, eh)wow what the actual fukk lol. Are people surprised at the vote? Like what could cause this? Glad I got out. aw fuk, just remembered I have 100 shares in my IRA with covered calls. Overall in the red by $40... might just leave it
Also post merger GHIV will be worth less than 6% of the parent company (UWM).. so there are fears that it might get diluted by a fair bit driving the price below $10
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
01-21-2021, 09:24 AM
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#9123
- CTSV648HP
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- CTSV648HP
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Originally Posted By chino3⏩
I think in a few years we'll be looking back wishing we'd put a ton of money in PLTR. Have been looking to get into it long term, then selling the $50 calls just came to me. I'd be fine with doubling my money in a year on a long term hold, plus a nice covered call premium.Really depends on your account and trading levels, but I would hate to have that money tied up for a year, unless you legit just feel like making this one play and not checking it at all, and not making any moves or even thinking about any moves for at least 8-10 months...
01-21-2021, 09:28 AM
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#9124
- TugOfPeace
- 1012 ng/dl
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- TugOfPeace
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Hmm CRSR is down a fair bit and has some nice 2/19 CC premiums ($2.74 @ $40 strike)
Edit: Bought 300 shares, opened three 2/19 CCs ($2.76 @ $40 strike)
Earnings on 2/9 I believe, if it moves above $40 I'll just buy shares to cover the loss
Edit: Bought 300 shares, opened three 2/19 CCs ($2.76 @ $40 strike)
Earnings on 2/9 I believe, if it moves above $40 I'll just buy shares to cover the loss
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
01-21-2021, 09:47 AM
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#9125
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Ford announced nothing like zero.
And its up 10 percent.
This is rotation from GM to Ford.
........
GME starting to move again.
Idiots Citron can't even run livestream.
So much fail. They must have short position in GME.
And its up 10 percent.
This is rotation from GM to Ford.
........
GME starting to move again.
Idiots Citron can't even run livestream.
So much fail. They must have short position in GME.
01-21-2021, 09:52 AM
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#9126
01-21-2021, 09:57 AM
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#9127
- Carbonfibre
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- Carbonfibre
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About PLTR and its demo day next week.
There is big drop on IV on PLTR and option volume.
Next week $30 are 0.3.
Whatever they are planning doesn't seem much hype is there.
Lot got burned on 1/22 options.
Its gonna require something big for them to moon.
There is big drop on IV on PLTR and option volume.
Next week $30 are 0.3.
Whatever they are planning doesn't seem much hype is there.
Lot got burned on 1/22 options.
Its gonna require something big for them to moon.
01-21-2021, 09:59 AM
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#9128
- SpeedCheeser
- 4doorsmorewhores
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- SpeedCheeser
- 4doorsmorewhores
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Originally Posted By CTSV648HP⏩
If it were me, I'd be selling calls much closer in expiration. If you start in the March cycle, you can still get almost $1 for the $50 strike call, and you can do that 6-8 times until January, which should net more credit. I'd be looking at a closer strike though and collecting more early on and adjusting up or down with each new call as necessary.ok guys what are your thoughts on this:
I really like PLTR long term, thinking about loading up and then selling the Jan 2022 $50 calls, currently $4.55. Lots of room on the upside and a really nice premium. Been trading options small and will continue to but I have $250k to invest right now.
I really like PLTR long term, thinking about loading up and then selling the Jan 2022 $50 calls, currently $4.55. Lots of room on the upside and a really nice premium. Been trading options small and will continue to but I have $250k to invest right now.
Misc Firearms Crew
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RIP YGST
01-21-2021, 10:12 AM
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#9129
Originally Posted By CTSV648HP⏩
You have potential to make more with 30-45 DTE with strikes 30% above current prices. A lot more.I think in a few years we'll be looking back wishing we'd put a ton of money in PLTR. Have been looking to get into it long term, then selling the $50 calls just came to me. I'd be fine with doubling my money in a year on a long term hold, plus a nice covered call premium.
Originally Posted By Carbonfibre⏩
Closed out my RKT positions (shares and CC's) in my IRA and just went ham with PLTR 1/29 $27CSP's @ $1.2 x26. Let's see what happens...About PLTR and its demo day next week.
There is big drop on IV on PLTR and option volume.
Next week $30 are 0.3.
Whatever they are planning doesn't seem much hype is there.
Lot got burned on 1/22 options.
Its gonna require something big for them to moon.
There is big drop on IV on PLTR and option volume.
Next week $30 are 0.3.
Whatever they are planning doesn't seem much hype is there.
Lot got burned on 1/22 options.
Its gonna require something big for them to moon.
"It won't get better, just different."
01-21-2021, 10:17 AM
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#9130
ctyx down 10%
Buyin the dip
Can you explain on the 45 dte more profit?
Buyin the dip
Originally Posted By chino3⏩
Im a little skeptical of pltr cause of the clowns at wsb shilling itYou have potential to make more with 30-45 DTE with strikes 30% above current prices. A lot more.
Closed out my RKT positions (shares and CC's) in my IRA and just went ham with PLTR 1/29 $27CSP's @ $1.2 x26. Let's see what happens...
Closed out my RKT positions (shares and CC's) in my IRA and just went ham with PLTR 1/29 $27CSP's @ $1.2 x26. Let's see what happens...
Can you explain on the 45 dte more profit?
01-21-2021, 10:38 AM
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#9131
- MotorCityCobra
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GME YOLO with shares is a fun ride. Holding through thick and think until GME is in triple digits
01-21-2021, 10:38 AM
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#9132
01-21-2021, 10:40 AM
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#9133
- Carbonfibre
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- Carbonfibre
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Originally Posted By chino3⏩
I am gonna look at PLTR again next week.You have potential to make more with 30-45 DTE with strikes 30% above current prices. A lot more.
Closed out my RKT positions (shares and CC's) in my IRA and just went ham with PLTR 1/29 $27CSP's @ $1.2 x26. Let's see what happens...
Closed out my RKT positions (shares and CC's) in my IRA and just went ham with PLTR 1/29 $27CSP's @ $1.2 x26. Let's see what happens...
01-21-2021, 10:44 AM
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#9134
Originally Posted By mikebadg3⏩
PLTR has pretty much fallen by the way side of WSB, so I think it will be a lot more stable. It has the potential to absolutely explode depending on demo day, but as long as IV stays solid, I will continue to play with writing options.ctyx down 10%
Buyin the dip
Im a little skeptical of pltr cause of the clowns at wsb shilling it
Can you explain on the 45 dte more profit?
Buyin the dip
Im a little skeptical of pltr cause of the clowns at wsb shilling it
Can you explain on the 45 dte more profit?
As for 45 dte having more profit potential than say a leap, is you have diminishing returns when it comes to premiums. Right now for 2/19 expiry @ $34 strike (30% above current trading price) the premium is $1. OP was saying a 1/22/22 $50 strike is $4 and change. If you can average. Even if IV drops off, you should be able to average more than $.50 premiums every 30-45 days with "safe" strikes, which would yield way more than the OP's premium, and allows for far more flexibility.
"It won't get better, just different."
01-21-2021, 10:58 AM
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#9135
- Carbonfibre
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- Carbonfibre
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Originally Posted By chino3⏩
Yeah.PLTR has pretty much fallen by the way side of WSB
GME 1,200 mentions
BB 750 mentions
GO 50 mentions
F 45 mentions
PLTR 25 mentions
That sub is now gme sub.
01-21-2021, 11:22 AM
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#9136
- RedSox1990
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- RedSox1990
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Originally Posted By thatsnarf⏩
I'm regretting not buying more ARKG a few weeks back. Got in at $93 and it just went off after that. Hoping this thing can get to $150 this year.sold my AMC at 3.05
sell order CCIV at 17.67
ARKG buy order 109.25
ARKK buy order 144.50
sell order CCIV at 17.67
ARKG buy order 109.25
ARKK buy order 144.50
IG: dontstressbenchpress
Will follow back
01-21-2021, 11:43 AM
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#9137
- thatsnarf
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- thatsnarf
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Originally Posted By RedSox1990⏩
my initial for ARKG was 91.50. it's hard just to throw down though. just keep adding. it's hard because these things don't dip that much.I'm regretting not buying more ARKG a few weeks back. Got in at $93 and it just went off after that. Hoping this thing can get to $150 this year.
regretting ARKK initial buy in was 93.
regretting even more because somebody mentioned ARKK to me around 60 something. or was it ARKW which makes it even worse....
01-21-2021, 11:48 AM
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#9138
01-21-2021, 12:18 PM
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#9139
01-21-2021, 12:30 PM
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#9140
- Carbonfibre
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- Carbonfibre
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not sure if this is Intel fake hype before close.
crossed $60.
50 contracts 55$P not looking so good lol
bought at 0.35 now down to 0.25.
AMD $100C looking good though.
this could balance out.
whats crazy on intel.
there is equal volume on puts and calls 1/22.
nobody knows.
crossed $60.
50 contracts 55$P not looking so good lol
bought at 0.35 now down to 0.25.
AMD $100C looking good though.
this could balance out.
whats crazy on intel.
there is equal volume on puts and calls 1/22.
nobody knows.
01-21-2021, 12:33 PM
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#9141
Originally Posted By Carbonfibre⏩
the option pump Njarian or wtf ever made a comment on unusual options activity for intel 1/22.not sure if this is Intel fake hype before close.
crossed $60.
50 contracts 55$P not looking so good lol
bought at 0.35 now down to 0.25.
AMD $100C looking good though.
this could balance out.
whats crazy on intel.
there is equal volume on puts and calls 1/22.
nobody knows.
crossed $60.
50 contracts 55$P not looking so good lol
bought at 0.35 now down to 0.25.
AMD $100C looking good though.
this could balance out.
whats crazy on intel.
there is equal volume on puts and calls 1/22.
nobody knows.
"It won't get better, just different."
01-21-2021, 12:38 PM
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#9142
- SouthDakotaBrah
- SUPERNOVA
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- SouthDakotaBrah
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Originally Posted By chino3⏩
same, I ended up just caving and buying some ARKG and ARKK shares even though my 1/15 puts expired worthlessFeels on ARKs...At least you *******s got in. I set fairly aggressive CSP's and they all expired worthless:


01-21-2021, 12:44 PM
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#9143
01-21-2021, 12:48 PM
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#9144
- Carbonfibre
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- Carbonfibre
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Originally Posted By chino3⏩
There is +/- 8 move expected after earnings.the option pump Njarian or wtf ever made a comment on unusual options activity for intel 1/22.
Lets see.
Imo way I see it they don't beat earnings.
But than say we are outsourcing next chip and market be like yay printtt.
01-21-2021, 12:54 PM
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#9145
01-21-2021, 12:55 PM
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#9146
01-21-2021, 12:59 PM
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#9147
01-21-2021, 01:02 PM
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#9148
- TugOfPeace
- 1012 ng/dl
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- TugOfPeace
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I completely missed the boat on the whole ARK ordeal. Can someone give me cliffs?
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
01-21-2021, 01:04 PM
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#9149
- Galindo62
- neck of peace
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- Galindo62
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Originally Posted By LCBOLeo⏩
Just go deep itm and give yourself 3 months at least (a year minimum prederred) . Really easy to make money buying calls the last 10 years or so.help I'm going broke trading options
Or you can start selling options as well.
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.
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