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Thanks! 70k initial deposit
70k on FDs. Sounds like you're already loaded.
Big dump make the lineup?
Naw he hasn't done a show since 2008, but rumors are he's out of rehab and workin' on plans for comeback tour.
Hey it’s not your fault.
I've said it so many times. Anyone who touches this stock gets burned. It follows no rules.
I wonder what % his stop loss is at
0
Iv is a tad high for that
Won't the longer term IVs be much less ahem, volatile, than FDs? Meaning if Leap IVs are high so will FDs?
Yeah this is chemically enhanced autism
= profits?
F
kys
In all honesty, most of us who do YOLO slowly become desensitized to the outrageous swings in position value, so its kind of a wash.
Truest thing I have ever read here.
I feel almost too lucky today, got calls right at the bottom of the dip, let’s hope it keeps going up
As did I, sad I just missed that random dip right before noon.
He really is a decent lad.
In awe of the decency of this lad
Then you put after-tax megabackdoor to roth ira
Shhhhhhhhhhhh 🤗
Well played. What was your dd to short whirlpool
First option trade i've ever made... dumb luck
They're premarket earnings so at least you can attempt to throw the calls out the window as soon as market opens.
True but RH always been a bitch to me. Hopefully tomorrow is better
I don’t get how people have savings being this retarded
Parents must have stashed away the social security disability insurance money received for him the past 18 years.
Prove it
Tell me why you chose puts and I’ll tell you why I chose calls.
Make sure you add a link to this thread on your resume. Guaranteed hire from any company
Only KPMG is this retarded
yeah he's a trap
a cute trap (:
Means dont get your fucken hopes up thinking MU is some special value cause of their P/E. Only way this shit going to experience growth is for huge increase in DRAM demand and for their direct peers to just fucken fold over and let them take market share. Which I am praying for every damn day sadly.
Ban
Whatever I say the opposite will happen so, no comment
But you did comment... OH SHIT
He was selling covered calls which was like $30k a week or some shit
it doesn't matter because he loses like 100k a week in stock
GREAT DD! Much appreciated.
Of course man. I will be doing some commodity DD in the future. Stay Tuned
For me, MU...eff MU
Can confirm. Lost my shorts with micron. Apparently, I just hate money because I bought another round of options that are already down 50%.
lol
lol
What is your general exit strategy? You say most trades <10 min so are you selling at resistance levels based on 1 min chart?
he just told you his exit strategy
Serious question: What's to stop any company from pulling shit like this?
ability to actually get the funds.
I buy weeklies ITM and trade on the minute ticker. Trading experience and finding your own style is better than copying someone else's, most of the resources I've watched/read have been useless
Thank you.
Really the only limiting factor here is how much he can put in
Not if /u/surprisinglysound adjusts his strategy for *leverage*. Why if he just assumes the 100% gains come in 8% monthly increments, he could buy 8% otm calls for every contract month in the year. Even being conservative, Sept. 21 calls on $2060 are going for like $10. It's free money. What could go wrong?
I have Jan $60 calls I bought when stock price was $58. I'm down 74%. Started with 30K.
Yikes
So close...
Savage
I lost 8k today brah. The word on the street is they'll go up, sadly not before the 17th. If you listened on the call the numbers started dropping when he announced gross margin being fucked.
Damn man sorry to hear that. I heard good news and loaded up on a position that was over half my portfolio. I’d be lying if I said it didn’t hurt losing 4K. You’re right can’t always go by the word. Hope you’re loss wasn’t too significant to your portfolio and you’re doing well.
F
F
For sure, having money and access to financial instruments enables you to get ahead much more easily than working a day job
Easier yes, but also far more risk. Not hating or anything, I’m personally jealous and think you did a great job.Just think we should look at everything in perspective.
What about the big Lebowski, dude?
Half as many. Check Wikipedia.
I’ll kill him for 1m
I know a deal when I see one. Make it look like an accident and I'll throw in a little something extra.
Machine vision and machine learning are on the rise tho...
so you’re saying all in $NVDA?
Maybe in a couple months
now?
01010101 01110000 01110110 01101111 01110100 01100101 00100001
How dare you
Which is why it won't happen. All heil the eternal bull market!
Turns out past success \*is\* indicative of future results.
Like $15 a month, I lose more in a second
Exactly. One or two points in whatever ya trade. IB has to pay for the data. Good to explicitly pay for it rather than having it baked into bullshit fees covering a bunch of stuff you don't care about.
After a remarkable earnings beat too.. oh welp
Yeap but they lowered guidance and that's what's important with growth stocks
rapSCALLION!
Hold the scallions, please, add avocado unless it costs extra
Is there any real reason why it's dropping so hard lately? I know China as a whole is in a period of uncertainty, but the rate JD is dropping even in respect to that is just bizarre. What actual concrete reason is there for it to be dropping so hard?
China's main indexes have dropped almost 5% already this week and are way the fuck down (2%+) in futures right now. Trade wars are apparently easy to win.
It’s fucking a joke I’m going into hibernation till I see mu back above 55
Youd never wake up
500÷5=100. Get this guy to the PCAOB.
PCAOB too? KPMG going to be drooling over this application
Nah ur fucked buddy pay attention to iv and theta
Nobody gives a fuck about theta in the rush to $420!!
I bought 2k worth of June calls as a joke cuz IV was low. Depending on how much my CGC is worth at open I will cut my losses and just hold my MSFT for now.
Why would you sell CGC before results of recreation in the fall? MSFT is always a safe bet, slow, but safe.
Why 25k?
That’s the minimum amount required in order to pattern day trade, which isn’t exactly a strategy I recommend, but it’s a nice to have
Am idiot, didnt know WEED is now on NYSE (as CGC). Candian stocks dont have premarket prices (but there are permarket bids, but no shares traded). My options are for the cad price.
I just couldn’t believe you had options and didn’t know how to look up prices.
Funding secured
Reported to the SEC for upvote manipulation
Nothing just a healthy pullback from the looks of it. Gonna take a big hit from holding overnight but I think it'l pull an intraday recovery if it does open real badly
I’m gonna say I gotta take a shit and trade on the toilet.
I know that's you Elon you sly fucker
Him wanting to privatize at $420 is definitely suspicious
Yeah after looking into it I'm not going to do this.
Pussy
I thought the sarcasm was implied.
It was, he's just retarded
I know these stocks pretty well, you should take profits when you have them, at least sell a few contracts maybe
I am selling at open. Canopy shareholders are speculative fucks that race to lock in profits.
This. You don't see Papa Bezos tweeting shit to make $AMZN go higher.
Daddy Bezos dont need to tweet. When he feels naugthy, he just launches Amazon Prime in a new country.
If it runs to 263-5 preER I'm selling my 255s, then roll over to farther out if ER goes bad. If ER goes good I just buy in at next dip
This guy ER
Yea if he lost TSLA he would only have 8B. What a fucking loser amirite
He would stand to lose more than that because a good portion of his Tesla shares are used as collateral for a personal loan
How dare you
01001011 01101001 01101100 01101100 00100000 01100001 01101100 01101100 0010000001101000 01110101 01101101 01100001 01101110 01110011 00100001
can someone explain why this was not hit by IV crush?
Do you understand premium and itm terms?
True but RH always been a bitch to me. Hopefully tomorrow is better
Lol
so MU 8/20 70C?
80C or you are gay
Yet the steering wheel is in some M.C. Escher positioning with his shoulder
Actually if you look very closely, it looks like the steering wheel doesn't actually go on top of the shoulder. Hard to tell with the white on white, but you can barely see the outline of the shoulder down to the arm and it looks like it's all lower than the steering wheel.
My shitty calls appreciate your sacrifice...
I appreciate YOUR sacrifice.
Hope you sold yesterday....
Haha I’m fine.
Yeah. They are done. Just posted record profits and raised guidance but they should just shut it down because Turkey.....
Isn't it very obvious that Chinese video streaming and us retail go down because of some half relevant middle Eastern country is in financial trouble /s
Who is your broker
Questrade cos I cant use robinhood in Canada. It’s pretty cheap for stocks but really shit for options which is all I have been trading lately.
How autistic are we talking?
On a scale of 1-10, about a 7.25.
The 8-K specifically stopped calling Elon Musk Chairman and CEO. Interpret that as you may
Yeah, we call him Supreme Leader now.
How’d that turn out?
Lol glad i didnt play that one
Why does the stock price matter? If you're trading options I get it because of strike prices and rounding, but for stocks, there's literally no difference between 1 share if a 200 stock and 20 shares of a 10 stock
The difference is if you own 1 share of a $200 stock and it moves 1 cent you make 1 cent. If you own 20 shares of a $10 stock and it moves 1 cent you made 20 cents.
I was up 10% at market close with underlying at about 348. We'll see how open goes
I hope your balls are empty from extreme ejaculation. Looks like a strong hold, maybe sell half for the upside and see how far the rest can go?
I just bought the $30 sept 21 put. Bought right when the stock price was up 30% too. Wish I would have doubled up on it though. Also got container store at the beginning of the dip for another put. I'm up like 18% on that in the last 40 mins
I like those too, and they’re a safer bet. My FDs are a straight up gamble.
I feel like the market is using this as an excuse to really correct the market a bit.
Kinda feel the same way as retail sales rose .5% last month beating expectations this morning.
I thought you were asking what I bought. I got a 13.5 put with a strike price of 13.49 yesterday morning
The strike price is 13.50, is it not? I’m confused by the 13.49 part.
Done
Part of me wants to sell all 75 FB shares and go big. Pretty confident that CGC will be in the mid 20s again soon
Weed ticker has no premarket. But oh well, it didnt matter anyway, sadly everything went to shit after the bell.
CGC does
The only competition for this in China is the 5 billion dudes trying to bang the 16 girls. That's why they arrange marriage buses into Thailand for the Chinese guys to marry former Thai prostitutes... ah Pattaya... so many fond memories ;)
seriously? Buses from China to Thailand? Do you have idea how long the trip would take? Chinese go to Vietnam to find wives.
How is this different from the Great Potato Depression?
There are more potatoes
Nobody tell him
I know what fds are I just always thought they had to be OTM
How is today treating you? Buy some TVIX?
let’s just say i woke up late (just now) and i want to die.
we need new meme stocks
May I re-introduce you to SOXL?
Long $POPE
Better reload your RH account...they are baptists
Lol it's over for Elon. Can't wait until the Wolf of Silicon Valley movie.
Best sequel in ages. I hope Azealia Banks plays herself.
Einhorn? Ackman?
Yes
Stay the fuck away from everything.
Speak for yourself, AMD and Nvidia are digging me out of this hole.
Did you not read the comment I made when i posted?
Which one?
I feel bad for the dude at this point, he really eats this stuff up, although he says he has puts he’s never posted proof
I just like that I don't have to scan the news for Tesla updates. I know the minute something gets posted, /u/Old_Bit will have it posted to the sub. I love this sub.
$XOM is a better play. They're the most diverse energy company in the US and have the $ to double down when something falls.
$CVX ?
calm down there lisa
Shut the fuck up AMD is a $50 stock you’ll all see!!!
He isn't selling, so there is no gain?
His compensation is based off the market cap, so that’ll depend
19 year olds are dumbasses after all
Take victory in the fact that most of your friends probably are losing money or not gaining at all
Lol that 1% market correction
could start a chain reaction tho
I agree which is why I got out. But I am saying that it seems strange to leave a market before the signs of decline have started in the actual numbers. I’m not a Wall Street guru and I can’t fight what I think is irrational behavior so it’s why I stay away from Mu right now. That being said wouldn’t a waiting pattern make more sense than a fire sail based on current news.
Well if the upwards trend really does continue for a while after this sell off then were gonna be buying back a lot of shares
I promise if you buy short term options that are 30% OTM you'll lose every last dollar of your allowance and be giving out hand jobs in an Applebees bathroom by thanksgiving.
What if I already give handies in Applebees?
what is theta
What is bag holding? jk just mu holders are experts at it
I just dumped mine when it hit $12.15, figured I might as well stop the decay.
Same. Broke even.
Damn foreigners
Fuckin bird people need to stop
What's the FPE at?
Not at 0.1 yet, clearly overvalued, more dump incoming.
Better than my GM $38 12/21 calls... the austism is strong with this one...
https://i.imgur.com/09jpB4p.gifv
And Venezuela bonds
We all know Venezuela runs on Old School Runescape gold.