**OFFICIAL** Trading and Investing Thread- Part -X-

[Venom08]

I've traded a lot of options and I always end up going back to buying or shorting the underlying.

When I get my account to $100k I'll just trade shares and will use options for only one thing: hedging.

[Barn01]

Initiating modest position on SBS without a currency hedge.

In at $9.53

Long term play.

Companhia de Saneamento Basico (ADR)(NYSE:SBS)??

Brah. Are you switching USD to CAD here soon?

Getting pretty bad.

I think it's going to get worse. I just don't see the upside to CAD right now? Especially against USD. We got oil - worthless, gold - worthless, lumber - Trumped, Crops - Rained out. Nothing to see here.

[stevesteve12]

When I get my account to $100k I'll just trade shares and will use options for only one thing: hedging.

didnt u have a 300k+ account ? you had at least that much in appl

[bee su]

Goin balls deep on FTR
34 year low with 10% div
What's the worst that could happen? (Ib4 bankrupt)



























Yolo

might as well do that with drys or wtf ever it is. give like 16% div and went down like 30% on the day. im gonna go all in tmmr

[mike.hunt]

I've been raging all day. GLD crashed below all support and I had the audacity to sell right as it was breaking below the 50DMA. It's toast and I'm missing out on bags. Fuk fuk fuk fuk fuk. I needed this too.

I gave up on gold, been watching it for 3 months and it doesn't make any sense

might as well do that with drys or wtf ever it is. give like 16% div and went down like 30% on the day. im gonna go all in tmmr

DRYS is a meme stock not even sure how it's still allowed to be traded, frontier is legit company
I'm going for it yolo

[White-Belt]

I've traded a lot of options and I always end up going back to buying or shorting the underlying.

I understand that the people who make money in options longer term tend to be the sellers, selling time value and volatility is a big in built edge. Though you need to hedge for those outliers that just destroy an account.

[Venom08]

didnt u have a 300k+ account ? you had at least that much in appl

Yeah but it went towards a house.

Also, there goes GLD. I loved holding it while it was sideways for over two weeks and selling it minutes before the move I had been expecting to happen happened. The puts are gonna open up a bag from my purchase price.

[GabrielNovar]

When I get my account to $100k I'll just trade shares and will use options for only one thing: hedging.

funny. I am the opposite now


Would rather risk 10-20k in options Leaps vs outlaying hundreds of thousands on underlying. If I am wrong I lose 10-20k.. vs taking a 45-50% beating on a 500-800k position

GILD is a prime example of how I should have used options and walked away.

have checked but I think I lost over 200k on it already

[BetaBoy4life]

Got into sltk the other day. Marijuana lighting company. Let's just say it's up. Well see if it's a pump and dump. Been going up steadily since 1.4.

[White-Belt]

funny. I am the opposite now


Would rather risk 10-20k in options Leaps vs outlaying hundreds of thousands on underlying. If I am wrong I lose 10-20k.. vs taking a 45-50% beating on a 500-800k position

GILD is a prime example of how I should have used options and walked away.

have checked but I think I lost over 200k on it already

200k, I would cry lol.

I don't like to look at the total amount I'm holding on losing positions

[GabrielNovar]

200k, I would cry lol.

I don't like to look at the total amount I'm holding on losing positions

I already went through all the stages...

denial...sadness...anger...now its acceptance lol......and ANGER lots of freakin anger with crying of course!

edit: thats why I reduced pretty much all my holdings. a correction would ether me now

[White-Belt]

I already went through all the stages...

denial...sadness...anger...now its acceptance lol......and ANGER lots of freakin anger with crying of course!

edit: thats why I reduced pretty much all my holdings. a correction would ether me now

ya know what - growth numbers haven't exactly been good recently in some recent selected data. I can see a correction coming, I also feel a small recession too could be on the cards and I'm fully loaded ffs

[badbart]

TSLA, lol. You can count on them to always disappoint.

[White-Belt]

TSLA, lol. You can count on them to always disappoint.

“We continue to be surprised by how sort of frankly naïve a lot of people are about production and supply chain,”

“It's as though there is some like easy way to increase production. It's truly not.”

This fukking asshat said last year he was going to ramp production to 500,000 in 2018, now he is saying that those who believed that are naive.

[badbart]

“We continue to be surprised by how sort of frankly naïve a lot of people are about production and supply chain,”

“It's as though there is some like easy way to increase production. It's truly not.”

This fukking asshat said last year he was going to ramp production to 500,000 in 2018, now he is saying that those who believed that are naive.

I trade on price and volume only I was never good at judging fundamentals. But I can't figure out how tsla will ever make a profit. The cars are a toy, the average joe isn't going to buy a car that takes 3 hours to recharge or a expensive solar roof.

[BetaBoy4life]

Sold sltk around average of 3.0 on the dip. Got as high as 3.4. Nice little run this week on that. Now I just need ******** to bottom out so I can buy more shares into it.

[WhAtNoWbChSs]

opened small position in WPG 150 shares. No love at all for this stock even though it beat earnings.

Pissed off about CVE. Shouldn't have bought it and feel a little bad for that dude that bought some after reading the chit I was saying. When the fuk is oil going back up?

[Geneticz]

Any tech brahs keep an eye on shopify?

Been trading it since $64 a share or so. Never really seen a chart like this. I know its trading at a very high PE ratio but earnings just came out and I could see it crossing the century mark soon.

[ReyDelMundo]

Companhia de Saneamento Basico (ADR)(NYSE:SBS)??

Yes. Risks i see are another jolt in political/economic/social instability driving the usdbrz from 3ish back to 4, automatic 33% loss. Additionally increased debt service costs as a result. And potential they are involved in corruption. Also, as a utility, they can't export a weak currency, and if they're purchasing materials from out of the country, material prices go up, infrastructure is material intensive.

If I'm missing anything on the downside, I'd be happy to hear it.

On the upside, real is trading significantly lower than historical averages, could easily appreciate 50% against the dollar. Also, has in my opinion best position to increase market share in Brazil.

While admittedly I might be biased, the news stories on Brazil make it seem like a third world corrupt hell-hole, but I actually went to college with quite a few affluent Brazilian students (actually dated one for a bit), and they spoke very optimistically about Brazil's future and a rising middle class. I think there is potential.

Also, sitting on more cash than I'd like currently, and while I'm relatively frugal I get antsy and buy stupid things if I have more than a few grand in the bank. Considered real estate but don't want to take on the risk of lack of diversification. If I only have 2 properties and someone really fuks one up I don't have the time or energy to deal with it. If I had the capital to buy say 10 properties I'd do it (but I don't). It's amazing how much my costs went down from reducing binge drinking, while I'm frugal probably 1/3 of my money was going towards Uber, cover, alcohol, losing things, breaking chit on accident, legal fees, etc., so I've kind of got cash to burn at the moment.

As a semi-related side note, I mentioned I would add to Vale if it hit $8.50, decided I'm only adding to Vale if it really craters, adding a modest increase to current position maybe in the $6 range and an equalish amount in the $4 range.

[WhAtNoWbChSs]

fuk. so many good deals on REIT today. and CTL too OMG. Dividends.

[Venom08]

ARWR is up 24% today so that's about the only good position I've put myself in lately. Bought my GLD puts at 0.41 a couple weeks ago and sold at 0.38 yesterday. Saw them at 0.84 earlier this morning. Fml it was a heftier position.

[DasBiceps]

I hope you get paid off, but we shall see. Loss is nearly double expected. It honestly shouldn't be a surprise but perhaps this time it actually is? We will see how markets react tomorrow

Profits almost hit max.

Was in
Buy puts at 312.5
Sell Puts at 292.5

Sold at around 296 because i was jumpy and left satisfied!

[vyk07]

ARWR is up 24% today so that's about the only good position I've put myself in lately.

Joined you yesterday on ARWR

great call, reps on spread

don't lose confidence b/c you sold your GLD puts early

keep grinding br0

[Barn01]

200k, I would cry lol.

I don't like to look at the total amount I'm holding on losing positions

losing 200K isn't fun. I know! However making 200K you feel so boss!

Yes. Risks i see are another jolt in political/economic/social instability driving the usdbrz from 3ish back to 4, automatic 33% loss. Additionally increased debt service costs as a result. And potential they are involved in corruption. Also, as a utility, they can't export a weak currency, and if they're purchasing materials from out of the country, material prices go up, infrastructure is material intensive.

If I'm missing anything on the downside, I'd be happy to hear it.

On the upside, real is trading significantly lower than historical averages, could easily appreciate 50% against the dollar. Also, has in my opinion best position to increase market share in Brazil.

While admittedly I might be biased, the news stories on Brazil make it seem like a third world corrupt hell-hole, but I actually went to college with quite a few affluent Brazilian students (actually dated one for a bit), and they spoke very optimistically about Brazil's future and a rising middle class. I think there is potential.

Also, sitting on more cash than I'd like currently, and while I'm relatively frugal I get antsy and buy stupid things if I have more than a few grand in the bank. Considered real estate but don't want to take on the risk of lack of diversification. If I only have 2 properties and someone really fuks one up I don't have the time or energy to deal with it. If I had the capital to buy say 10 properties I'd do it (but I don't). It's amazing how much my costs went down from reducing binge drinking, while I'm frugal probably 1/3 of my money was going towards Uber, cover, alcohol, losing things, breaking chit on accident, legal fees, etc., so I've kind of got cash to burn at the moment.

As a semi-related side note, I mentioned I would add to Vale if it hit $8.50, decided I'm only adding to Vale if it really craters, adding a modest increase to current position maybe in the $6 range and an equalish amount in the $4 range.

I don't know enough about SBS nor do I feel I hold an edge on understanding utilities. I usually apply KISS to utils and buy for the div. Mind you I don't and haven't bought one for a long time.

[Bavaria]

opened small position in WPG 150 shares. No love at all for this stock even though it beat earnings.

Pissed off about CVE. Shouldn't have bought it and feel a little bad for that dude that bought some after reading the chit I was saying. When the fuk is oil going back up?

Oil wont be going up in any significant amount for a long time. The world has too much surplus production currently and we have more production still coming online.

I believe Exxon had stated they don't see oil going above 65$ a barrel until 2020 when supply and demand balances. There isn't much investment in production currently. Eventually we will hit that inflection point where this lack of investment will come to roost down the road.

[BetaBoy4life]

Anyone been following gbtc? My buddy positioned himself in the other day and that was the only day in the past week it went down. He only put a 5% stop on it instead of 10. It's been going up 5-15% the other days since it reopened.

[White-Belt]

Oil wont be going up in any significant amount for a long time. The world has too much surplus production currently and we have more production still coming online.

I believe Exxon had stated they don't see oil going above 65$ a barrel until 2020 when supply and demand balances. There isn't much investment in production currently. Eventually we will hit that inflection point where this lack of investment will come to roost down the road.

You work in the oil sector?

[RobParks2M]

Profits almost hit max.

Was in
Buy puts at 312.5
Sell Puts at 292.5

Sold at around 296 because i was jumpy and left satisfied!

Nice! did you hit 100% return or nah?

[Bavaria]

You work in the oil sector?

I work for Imperial Oil, the Canadian subsidiary of ExxonMobil. They own 70% of us and we operate as if we are Exxon.

[WhAtNoWbChSs]

Yeah but it went towards a house.

Also, there goes GLD. I loved holding it while it was sideways for over two weeks and selling it minutes before the move I had been expecting to happen happened. The puts are gonna open up a bag from my purchase price.

what do you think of silver here?

I might just go to the bullion place and buy some of the real chit.