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**OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
09-02-2021, 08:33 AM
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#7321
09-02-2021, 08:34 AM
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#7322
- wrastler163
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- wrastler163
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Originally Posted By Carbonfibre⏩
You have a position?175K share wall PLTR at $27
cathie buy it
you know you want to
cathie buy it
you know you want to
09-02-2021, 08:42 AM
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#7323
- roughinhouse
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- roughinhouse
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We need a market crash. Everything too damn high.
09-02-2021, 08:42 AM
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#7324
- Carbonfibre
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- Carbonfibre
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Originally Posted By wrastler163⏩
not yet waiting for move higher want to enter calls if PLTR can go over $27You have a position?
its really hard grind for PLTR because of overhead supply someone wants to get out every time PLTR gets going someone sells shares on top
........
just heads up SPRT and BBIG now have weekly options.
strike on SPRT is now up to $90
BBIG up to $30
I would gtfo away from both srs.
time to look for something else imo that has potential to squeeze
09-02-2021, 08:43 AM
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#7325
09-02-2021, 08:47 AM
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#7326
- HMFIC_BROWSIN
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- HMFIC_BROWSIN
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Originally Posted By roughinhouse⏩
agreed.We need a market crash. Everything too damn high.
this is lunacy.
09-02-2021, 08:57 AM
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#7327
- Carbonfibre
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- Carbonfibre
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fairly big money going into some garbage stock ANY
might be chase high SI
edit: premium already too high (highest strike $15C)
might be chase high SI
edit: premium already too high (highest strike $15C)
09-02-2021, 09:01 AM
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#7328
09-02-2021, 09:02 AM
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#7329
09-02-2021, 09:35 AM
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#7330
- Lefticle
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Originally Posted By roughinhouse⏩
There are still great deals that are down 30-40%.We need a market crash. Everything too damn high.
FUTU, TIGR, HEPS, HIMX etc
Always Neg Back Crew.
09-02-2021, 09:56 AM
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#7331
09-02-2021, 10:00 AM
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#7332
09-02-2021, 10:00 AM
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#7333
- thatsnarf
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- thatsnarf
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Originally Posted By Carbonfibre⏩
hey, in your opinion what's a reasonable price to jump in? I just bought at 88.5 the other day. feels badhere is that dog food place
never heard of it before
$77 holding.
never heard of it before
$77 holding.
09-02-2021, 10:38 AM
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#7334
- MountainLion84
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- MountainLion84
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$CLBT (Cellebrite) just merged as a SPAC on the Nasdaq
It's main competitor $MAGT (Magnet Forensics Inc.) which trades on the TSX IPO'd back in May and has since risen 164% in value
They both specialize in Digital forensics
https://www.cellebrite.com/en/home/
https://www.magnetforensics.com/
I put money into MAGT shortly after IPO and have since added shares of CLBT anticipating that it gets a pop based on how well MAGT did since IPO'ing
Do with that what you will....
It's main competitor $MAGT (Magnet Forensics Inc.) which trades on the TSX IPO'd back in May and has since risen 164% in value
They both specialize in Digital forensics
https://www.cellebrite.com/en/home/
https://www.magnetforensics.com/
I put money into MAGT shortly after IPO and have since added shares of CLBT anticipating that it gets a pop based on how well MAGT did since IPO'ing
Do with that what you will....
09-02-2021, 10:39 AM
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#7335
09-02-2021, 10:40 AM
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#7336
- camaleom
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- camaleom
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Originally Posted By Carbonfibre⏩
from 6 to 9... not bad - let see what it does EODfairly big money going into some garbage stock ANY
might be chase high SI
edit: premium already too high (highest strike $15C)
might be chase high SI
edit: premium already too high (highest strike $15C)
"Paper money is going away" - EM
09-02-2021, 10:41 AM
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#7337
- camaleom
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- camaleom
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calls on gsat... dirt cheap and high reward
Globalstar, Inc. (NYSE:GSAT) shares are trading higher after the company received an additional advance payment of $37.5 million from a customer. The company will use the proceeds to repay a portion of the amount outstanding under its first lien credit facility.
Over the past 5 trading sessions, the stock has rallied approximately 64%. Earlier this week, the company's stock soared following a note sent out by an Apple analyst suggesting Apple could partner with Globalstar on bringing low-earth-orbit satellite communications functionality in the iPhone 13.
Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services.
Globalstar, Inc. (NYSE:GSAT) shares are trading higher after the company received an additional advance payment of $37.5 million from a customer. The company will use the proceeds to repay a portion of the amount outstanding under its first lien credit facility.
Over the past 5 trading sessions, the stock has rallied approximately 64%. Earlier this week, the company's stock soared following a note sent out by an Apple analyst suggesting Apple could partner with Globalstar on bringing low-earth-orbit satellite communications functionality in the iPhone 13.
Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services.
"Paper money is going away" - EM
09-02-2021, 10:46 AM
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#7338
Originally Posted By Bavaria⏩
SPX is sitting on top of a long wedge that's about to come to it's end and this recent run-up is running out of energy.Whatcha guys think about the market dynamics in the short/medium term?
With all the "catalysts" of a pull back floating around there. Inflation, Biden Administration collapsing, Margin Debt, Housing Prices.
Seems very reminiscent of 2007 to me. Wouldn't be surprised if the big boys take some money off the table.
With all the "catalysts" of a pull back floating around there. Inflation, Biden Administration collapsing, Margin Debt, Housing Prices.
Seems very reminiscent of 2007 to me. Wouldn't be surprised if the big boys take some money off the table.
There's a very high chance we see about -1.5% Friday or Monday but it's likely to be a multi-day fall.
The big move of -10%+ very likely comes before 11/01.
I don't expect a big crash until next year or later.
I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
09-02-2021, 11:05 AM
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#7339
- Carbonfibre
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- Carbonfibre
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Originally Posted By thatsnarf⏩
I can't tell you where it will go, if I knew would be driving lambo as winter beaterhey, in your opinion what's a reasonable price to jump in? I just bought at 88.5 the other day. feels bad
$75 is bottom that you don't want CHWY to go under.
it will probably take some time for CHWY to digest earnings sell off.
usually after earnings drop you get analyst downgrades etc
once iv drops than maybe buyers comes back
I would give it time now
Originally Posted By camaleom⏩
yeah got above $10 decent size amount of option premium followingfrom 6 to 9... not bad - let see what it does EOD
sadly this is too expensive/risky to play now
Monday was the day to catch it when volume picked up

09-02-2021, 11:15 AM
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#7340
09-02-2021, 11:23 AM
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#7341
- thatsnarf
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- thatsnarf
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Originally Posted By Carbonfibre⏩
okay, i'll just hold off a bit. tksI can't tell you where it will go, if I knew would be driving lambo as winter beater
$75 is bottom that you don't want CHWY to go under.
it will probably take some time for CHWY to digest earnings sell off.
usually after earnings drop you get analyst downgrades etc
once iv drops than maybe buyers comes back
I would give it time now
$75 is bottom that you don't want CHWY to go under.
it will probably take some time for CHWY to digest earnings sell off.
usually after earnings drop you get analyst downgrades etc
once iv drops than maybe buyers comes back
I would give it time now
Originally Posted By Destor⏩
destor, I saw you mention QYLD in another thread. I can't find it. Can you give me cliffs on it. I have some cash I need to keep safe as I was planning on buying a home.Reclaiming +$9k unrealized gains today, getting back to where it was prior to the recent dip
09-02-2021, 11:23 AM
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#7342
- Destor
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- Destor
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Originally Posted By thatsnarf⏩
Sounds like that might be a post I quoted but I don't actually no anything about QYLD, sorry brahokay, i'll just hold off a bit. tks
destor, I saw you mention QYLD in another thread. I can't find it. Can you give me cliffs on it. I have some cash I need to keep safe as I was planning on buying a home.
destor, I saw you mention QYLD in another thread. I can't find it. Can you give me cliffs on it. I have some cash I need to keep safe as I was planning on buying a home.
09-02-2021, 11:28 AM
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#7343
- thatsnarf
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- thatsnarf
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Originally Posted By Destor⏩
fuk, i thought it was you. read something like its pays 1% monthly. i'm looking it up now but just wanted to hear somebody explain it in laymans terms. from what i read on that thread somebody said it underperforms SP500 but i'll take a nice monthly divvy just for a safe spot for some funds.Sounds like that might be a post I quoted but I don't actually no anything about QYLD, sorry brah
"The Global X Nasdaq 100 Covered Call ETF (QYLD) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 Index and “writes” or “sells” corresponding call options on the same index."
09-02-2021, 11:39 AM
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#7344
09-02-2021, 11:45 AM
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#7345
- Carbonfibre
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- Carbonfibre
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phuck
it sure is now.
max strike is $15C.
options expires next week
sadly I don't see how one can play this when premium is juiced $15C is $3 /each
you can flip shares with tight stop $11 as stop (risky tbh)
it sure is now.
max strike is $15C.
options expires next week
sadly I don't see how one can play this when premium is juiced $15C is $3 /each
you can flip shares with tight stop $11 as stop (risky tbh)
09-02-2021, 11:51 AM
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#7346
09-02-2021, 12:01 PM
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#7347
- Carbonfibre
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- Carbonfibre
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market doing some funky September things as expected
would definitely not chase (ANY) or anything meme
lmao at SPCE
wonder if Branson managed to sell some more off
would definitely not chase (ANY) or anything meme
lmao at SPCE
wonder if Branson managed to sell some more off
09-02-2021, 12:09 PM
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#7348
09-02-2021, 12:25 PM
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#7349
- Destor
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- Destor
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Originally Posted By thatsnarf⏩
Sounds like that could be good!fuk, i thought it was you. read something like its pays 1% monthly. i'm looking it up now but just wanted to hear somebody explain it in laymans terms. from what i read on that thread somebody said it underperforms SP500 but i'll take a nice monthly divvy just for a safe spot for some funds.
"The Global X Nasdaq 100 Covered Call ETF (QYLD) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 Index and “writes” or “sells” corresponding call options on the same index."
"The Global X Nasdaq 100 Covered Call ETF (QYLD) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 Index and “writes” or “sells” corresponding call options on the same index."
For anyone interested in the Canadian oil side, Enbridge is looking to begin transporting product through the Line 3 replacement in October and it sounds like we're already seeing a tightening of the WTI:WCS differential as a result
09-02-2021, 12:34 PM
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#7350
- SouthDakotaBrah
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- SouthDakotaBrah
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Originally Posted By thatsnarf⏩
that was me brah - you are losing money in the long run (srs)fuk, i thought it was you. read something like its pays 1% monthly. i'm looking it up now but just wanted to hear somebody explain it in laymans terms. from what i read on that thread somebody said it underperforms SP500 but i'll take a nice monthly divvy just for a safe spot for some funds.
"The Global X Nasdaq 100 Covered Call ETF (QYLD) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 Index and “writes” or “sells” corresponding call options on the same index."
"The Global X Nasdaq 100 Covered Call ETF (QYLD) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 Index and “writes” or “sells” corresponding call options on the same index."
If you need the 1% monthly yield for financial independence, you don't have enough capital. If you are actually spending the money from QYLD's 1% monthly yield, you have big financial problems (inflation will destroy your purchasing power). And you won't be growing your capital very well having it invested in a covered call ETF. You're better off in the long run investing in VOO... sacrificing overall return for cashflow isn't worth it (QYLD is also less tax-efficient than VOO - so not only are you making half the return, you're also getting taxed slightly more on the return you do get)
Long term return from QYLD is roughly half that of VOO
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