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**OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR
01-22-2021, 07:40 AM
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#9211
01-22-2021, 07:54 AM
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#9212
- Slamt
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- Slamt
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Originally Posted By Slamt⏩
confirmed not that retardedJust bought INTC puts after earnings leak that they beat and right before market close.
Now holding a bunch of puts overnight, that might've been retarded.
Hope the INTC CEO says the n word on the conference call lets go
edit: I remember this happening to me before too, but with TWTR.
fukin scumbags leaked results 15minutes before market close when i was holding a bunch of calls and the stock went -20% instantly and options went to 0 when I was planning to dump
Now holding a bunch of puts overnight, that might've been retarded.
Hope the INTC CEO says the n word on the conference call lets go
edit: I remember this happening to me before too, but with TWTR.
fukin scumbags leaked results 15minutes before market close when i was holding a bunch of calls and the stock went -20% instantly and options went to 0 when I was planning to dump

its like playing earnings without earnings premium
feelsgoodman
01-22-2021, 08:04 AM
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#9213
- MinisterOfLust
- ๐ฝ๐ฝ๐ฝ๐ฝ๐ฝ๐ฝ
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- MinisterOfLust
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Originally Posted By Camecha⏩
SoonSo when is BB going to the moon
Meanwhile NNDM should reach the Milky ways
01-22-2021, 08:05 AM
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#9214
- SolidPaul
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- SolidPaul
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Originally Posted By NoScrubz⏩
There's always that risk of it cratering after earnings. Maybe sell part of your position so you're breakeven and hold after.AMD is looking good. 2/19 $100C here. You brahs gonna hold through earnings or sell before?
01-22-2021, 08:08 AM
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#9215
01-22-2021, 08:08 AM
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#9216
01-22-2021, 08:09 AM
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#9217
- Carbonfibre
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AMD will get shaken out both sides after earnings. Just what Intel is doing now.
I am not going to hold through earnings. Gonna sell next week. See if this hype before earnings continues.
2/19 $100C already up 250 percent.
I am not going to hold through earnings. Gonna sell next week. See if this hype before earnings continues.
2/19 $100C already up 250 percent.
01-22-2021, 08:14 AM
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#9218
01-22-2021, 08:26 AM
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#9219
GHIv is now UWMC and rebounding nicely. closed my CSP's but have 100 shares with a covered call in my IRA. Will just leave for now.
PLTR looking thick, solid, tight. I opened 26 $27csp for 1/22 in my IRA as well.
Now this is where I am really really struggling to figure out what to do. TSLA. TSLA has earnings on 1/27. My 3 legged play expires 1/29. I need to finish Friday between $800 and $900 for maximum gains. I could close out the whole thing today at +$9k, but that would leave a potential $12k on the table. I feel like I should ride it until at least Wednesday, but I wouldn't be surprised to see a solid pump running up to then, which hurts one of my legs. Fuark... Fukk it, gonna let it ride...
PLTR looking thick, solid, tight. I opened 26 $27csp for 1/22 in my IRA as well.
Now this is where I am really really struggling to figure out what to do. TSLA. TSLA has earnings on 1/27. My 3 legged play expires 1/29. I need to finish Friday between $800 and $900 for maximum gains. I could close out the whole thing today at +$9k, but that would leave a potential $12k on the table. I feel like I should ride it until at least Wednesday, but I wouldn't be surprised to see a solid pump running up to then, which hurts one of my legs. Fuark... Fukk it, gonna let it ride...
"It won't get better, just different."
01-22-2021, 08:34 AM
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#9220
- dopamine72
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- dopamine72
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Hope all you bros doin well
TSLA lookin like it ran out of steam finally
TSLA lookin like it ran out of steam finally
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
01-22-2021, 08:36 AM
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#9221
Originally Posted By dopamine72⏩
Long time no see! It seems so, and I hope it chills here for a long while. Needs to establish support if it's going to remain this high. That said, earnings could easily cause a 10% swing in either direction...Hope all you bros doin well
TSLA lookin like it ran out of steam finally
TSLA lookin like it ran out of steam finally
"It won't get better, just different."
01-22-2021, 08:40 AM
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#9222
01-22-2021, 08:40 AM
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#9223
- meremortal
- CrabClawBrah
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- meremortal
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If you brahs want easy exposure to SPACs that are mostly pre-merger you should look into SPCX etf. Obviously you get better growth with direct holdings of the SPACs that are popping off but the ETF has been making steady gains for the month I've been in it.
Also, a feelsbad moment. I put an order for a million shares of PLYZ at 0.0003 on friday last week. It had been fluctuating between 0.0003 and 0.0004 so i felt confident my order would fill. It didn't and I check the price today to see that it's trading 21x what it was on Friday. Other than that, it's been a great week with no red days so can't complain too much.
Also, a feelsbad moment. I put an order for a million shares of PLYZ at 0.0003 on friday last week. It had been fluctuating between 0.0003 and 0.0004 so i felt confident my order would fill. It didn't and I check the price today to see that it's trading 21x what it was on Friday. Other than that, it's been a great week with no red days so can't complain too much.
01-22-2021, 08:47 AM
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#9224
- usersignup2
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- usersignup2
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Originally Posted By SavoyBrown⏩
I sell mainly weeklies so my target is 10% OTM. Thats a good size gain to receive if my strike is hit, plus the premium I receive. With TSLA Ive increased it to 12% OTM if RSI is 60 or greater and DELTA is 30. If its a stock I am looking to unload then 5% OTM and not worry about delta..What kind of price targets are you guys using for CC's? Just picking something you're comfortable selling at or chasing higher premiums and then rolling out if you need to? I've got DKNG, SPCE, PLTR that could add up to some nice premium, but I don't want to end up backtracking and having to roll out to keep my shares lol
The other factor is 1% premium per week. That equates to roughly 50% gain per year not including stock price appreciation.
I also write down my rules for each stock and stick with it. It helps to keep emotions out of the way since for me, that can be one of the biggest contributions to a losing trade.
01-22-2021, 08:47 AM
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#9225
- TugOfPeace
- 1012 ng/dl
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- TugOfPeace
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I bought into GHIV yesterday and they had a ticker change this morning to UWMC. Typically with ticker changes do you see a large shift in price (whether up or down)? If so, is it instant or does it take some time, because I think buy orders arenโt going through today.
Sold just now because I dont want to risk it dropping to < $10. Will buy back in if I see it break higher prices
Sold just now because I dont want to risk it dropping to < $10. Will buy back in if I see it break higher prices
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
01-22-2021, 08:56 AM
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#9226
- ReyDelMundo
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- ReyDelMundo
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$28 calls 1/29 exp
Edit: PLTR obs
Edit: PLTR obs
01-22-2021, 08:58 AM
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#9227
- usersignup2
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- usersignup2
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Originally Posted By chino3⏩
I was a full time day trader for a short time in a previous life. Stress was a killer. One rule that helped to calm me...There's always another train coming.Now this is where I am really really struggling to figure out what to do. TSLA. TSLA has earnings on 1/27. My 3 legged play expires 1/29. I need to finish Friday between $800 and $900 for maximum gains. I could close out the whole thing today at +$9k, but that would leave a potential $12k on the table. I feel like I should ride it until at least Wednesday, but I wouldn't be surprised to see a solid pump running up to then, which hurts one of my legs. Fuark... Fukk it, gonna let it ride...
I never worry about leaving money on the table because there is always more to be made.
01-22-2021, 09:01 AM
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#9228
- dopamine72
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- dopamine72
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Originally Posted By chino3⏩
Sup brah!Long time no see! It seems so, and I hope it chills here for a long while. Needs to establish support if it's going to remain this high. That said, earnings could easily cause a 10% swing in either direction...
Took a lil break from here, still trading and making gains hope ur good! Definitely excited about TSLA earnings.
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
01-22-2021, 09:05 AM
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#9229
01-22-2021, 09:06 AM
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#9230
Originally Posted By usersignup2⏩
I'm not so much stressing about this one, more anxious/excited. I have a pretty solid window for maximum profit, but also a nice buffer for breakeven points. Theta decay is ramping up, and the only thing that will really get in the way is if IV ramps up right before earnings. I feel like I have to at the very least wait until Tuesday before deciding on anything. Here is a link to my playI was a full time day trader for a short time in a previous life. Stress was a killer. One rule that helped to calm me...There's always another train coming.
I never worry about leaving money on the table because there is always more to be made.
I never worry about leaving money on the table because there is always more to be made.
http://opcalc.com/lEr
"It won't get better, just different."
01-22-2021, 09:12 AM
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#9231
Looks like GME is actually gonna hit 50 EOD.
PLTR is mooning too hnnng
how many contracts?
do you like losing money?
PLTR is mooning too hnnng
Originally Posted By Slamt⏩
GJDMconfirmed not that retarded

its like playing earnings without earnings premium
feelsgoodman

its like playing earnings without earnings premium
feelsgoodman
Originally Posted By ReyDelMundo⏩
this is the way$28 calls 1/29 exp
Edit: PLTR obs
Edit: PLTR obs
Originally Posted By LCBOLeo⏩
exp date?Omg im up like 500% on PLTR calls I absolutely ****ing needed this. Should I sell? Wat do?
how many contracts?
do you like losing money?
01-22-2021, 09:12 AM
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#9232
- Carbonfibre
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- Carbonfibre
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PLTR $30 calls about to rise from death.
in before another pullback to $25 by afternoon.
in before another pullback to $25 by afternoon.
01-22-2021, 09:18 AM
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#9233
- LCBOLeo
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- LCBOLeo
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Originally Posted By hiyooo⏩
had 8 contracts of 26.50C 01/22 that I avg price filled at 1.10 or around there earlier this week, opened at 0.16 today wanting to fking kill myself. Sold at 1.35.Looks like GME is actually gonna hit 50 EOD.
PLTR is mooning too hnnng
GJDM
this is the way
exp date?
how many contracts?
do you like losing money?
PLTR is mooning too hnnng
GJDM
this is the way
exp date?
how many contracts?
do you like losing money?
Have 2 more contracts of 27C 01/22 that I filled at 1.08, opened today at 0.11, still holding this one.
What a ****ing save, I was down like 2k this week and made it all back this morning.
01-22-2021, 09:19 AM
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#9234
- ReyDelMundo
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- ReyDelMundo
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Originally Posted By ReyDelMundo⏩
Fuk brahs, I might start calling myself the Palantir Midas, lmao. In the green currently. I expect big things Tuesday evening.$28 calls 1/29 exp
Edit: PLTR obs
Edit: PLTR obs
I see no reason why we can't touch All Time Highs next week. Srs. Mid 30's train. Get on.
01-22-2021, 09:20 AM
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#9235
- Heaney
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- Heaney
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Originally Posted By LCBOLeo⏩
Wait you bought at 1.10 and sold at 1.35. Not 500% boyo.had 8 contracts of 26.50C 01/22 that I avg price filled at 1.10 or around there earlier this week, opened at 0.16 today wanting to fking kill myself. Sold at 1.35.
Have 2 more contracts of 27C 01/22 that I filled at 1.08, opened today at 0.11, still holding this one.
What a ****ing save, I was down like 2k this week and made it all back this morning.
Have 2 more contracts of 27C 01/22 that I filled at 1.08, opened today at 0.11, still holding this one.
What a ****ing save, I was down like 2k this week and made it all back this morning.
01-22-2021, 09:21 AM
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#9236
- SpeedCheeser
- 4doorsmorewhores
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- SpeedCheeser
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Originally Posted By Galindo62⏩
There are a few reasons. The short answer is you have more potential in a single trade on a short expiration, but in the long run you do better more consistently with a little more time. The closer you get to expiration the more gamma risk you have and the more volatile the position becomes.Edit:like I mentioned before, not sure why theta strategist like to do monthlies.
You can sell an 88 expiring next week for 200+ then provably do something similar again next week. More overall profit. Less chance of getting assigned.
You can sell an 88 expiring next week for 200+ then provably do something similar again next week. More overall profit. Less chance of getting assigned.
Oddly enough, Tasty Trade just did a segment on this yesterday if you're interested in seeing what their research showed.
https://www.tastytrade.com/shows/mar...ons-01-21-2021
Originally Posted By chino3⏩
This - at least according to the guys I choose to follow, the ideal setup is usually right around the 45 day mark at the 30 deltas, managing at 50% profit or 21 DTE.More money to be made. Iโve done very crude number crunching in the past to see where the sweet spot is for selling options, looking at weeklies, 30-45 DTE, 60-90 DTE, and 12 months. 30-45 had the best returns when looking at similar moves (as in x% above strike and how many opportunities over the longest period of time)
Originally Posted By Galindo62⏩
My man.This data shows 30 delta performed slightly better than snp500 index.
If your selling 30 delta covered calls you will get your shares signed away though. Eventually. So I think the data is assuming you jump to another stock.

If your selling 30 delta covered calls you will get your shares signed away though. Eventually. So I think the data is assuming you jump to another stock.

30 delta CC is usually the best long term performer. But if you need to adjust based on a $ you may be more comfortable with you can.
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RIP YGST
01-22-2021, 09:22 AM
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#9237
Originally Posted By LCBOLeo⏩
nice, market sell off usually happens in the afternoon. i'd sell around 12:00-13:00 at its peak but who knows what'll happenhad 8 contracts of 26.50C 01/22 that I avg price filled at 1.10 or around there earlier this week, opened at 0.16 today wanting to fking kill myself. Sold at 1.35.
Have 2 more contracts of 27C 01/22 that I filled at 1.08, opened today at 0.11, still holding this one.
What a ****ing save, I was down like 2k this week and made it all back this morning.
Have 2 more contracts of 27C 01/22 that I filled at 1.08, opened today at 0.11, still holding this one.
What a ****ing save, I was down like 2k this week and made it all back this morning.
Originally Posted By ReyDelMundo⏩
ayyylmao im green too. let's print next week.Fuk brahs, I might start calling myself the Palantir Midas, lmao. In the green currently. I expect big things Tuesday evening.
I see no reason why we can't touch All Time Highs next week. Srs. Mid 30's train. Get on.
I see no reason why we can't touch All Time Highs next week. Srs. Mid 30's train. Get on.
01-22-2021, 09:23 AM
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#9238
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By Heaney⏩
he got 500% confused with 22% percent.Wait you bought at 1.10 and sold at 1.35. Not 500% boyo.
its gambling fault.
01-22-2021, 09:28 AM
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#9239
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