Printable View
[QUOTE=MarinoMike;1595005211]What if I told you. . that, financial markets don't react rationally to our logical understanding of economics markets (which are fueled by supply/demand) and thus almost every exogonous causal relationship we've ever thought to be true, in fact, wasn't.[/QUOTE]
I’d tell you that I’ve read that book as well.
[QUOTE=mike.hunt;1594893251]tread carefully m8, i blew up my account 3 months ago holding SPY puts and the market is even more retardedly bullish now
your pic gives me anxiety lol[/QUOTE]
No worries mate im no stranger to loosing monies.
Boeing puts? Creeping closer to 52 week low
[QUOTE=ghostfacedup;1595007501]I really didn't think people were so stupid until twitter came out. No wonder the global elites feel they can literally play all of us like fiddles. This WW3 hashtag is the dumbest chit I've ever seen.[/QUOTE]
[img]https://i.redd.it/fl4djs0jxy841.jpg[/img]
[QUOTE=topperstyle;1595021371]Boeing puts? Creeping closer to 52 week low[/QUOTE]
FAA clears the MAX and Boeing will jump $50 in one day.
Now Is time to average in on long dated calls
[QUOTE=mike.hunt;1595023071]FAA clears the MAX and Boeing will jump $50 in one day.
Now Is time to average in on long dated calls[/QUOTE]
When is this potentially happening?
[QUOTE=mike.hunt;1595023071]FAA clears the MAX and Boeing will jump $50 in one day.
Now Is time to average in on long dated calls[/QUOTE]
I think there is a short term spike upwards of retail trying to do exactly what you said ^ then even more shares get sold as everyone realizes that all the max orders got canceled and everyone bought alternatives instead of waiting 1-2 years for the planes.
EDIT: myron poots from vietcong. Could easily see a BIG downward move off some stupid announcements in either the middle east, the prez, or Euro doing something silly.
Honest to gawd though, I was hoping when Iraq voted to remove US troops I was hoping to high fuq that it was Trump's endgame and he would say "OK", pull all troops out, and send a notice bill to Iraq for the bases kept there. Time to end our silly war over there and be done with it. We are no longer reliant on their oil. The economy is now global- if certain countries no longer give us oil there are others that will take their place, but even now we are a net exporter so no one cares.
[QUOTE=headturner1;1595009971]I’d tell you that I’ve read that book as well.[/QUOTE]
Then I ask you again, why are we buying puts on S&P when VIX futures are in contango?
Nice though. Don’t run into people who read Prechter very often.
[QUOTE=MarinoMike;1595024671]Then I ask you again, why are we buying puts on S&P when VIX futures are in contango?
Nice though. Don’t run into people who read Prechter very often.[/QUOTE]
Using the word contango with every post is what we did in the **OFFICIAL** Trading and Investing Thread- Part -IX- thread. get with the times fella
[QUOTE=MarinoMike;1595024671]Then I ask you again, why are we buying puts on S&P when VIX futures are in contango?
Nice though. Don’t run into people who read Prechter very often.[/QUOTE]
only person buying S&P puts is vietcongbrah, im guessing he prob sold today with some phat profits
[QUOTE=topperstyle;1595023151]When is this potentially happening?[/QUOTE]
Saw a rumor they are meeting in the coming week/weekend in seattle to go over the MAX and hopefully work towards finalizing things. Everything I've seen is indicating some sort of resolution in Jan/Feb.
I've been a fan of BA over the past few months and traded it a few times. Way I see it is two outcomes: option 1) max is finally cleared within next 1-2 months and Boeing shoots up to $400+, or option 2) MAX is completely chit canned, boeing stock crashes to sub $200 and sends the economy into great recession 2.
Boeing is the #1 DOW component I really don't see the FAA, govt, big monies letting it fail but you never know
this market is bonkers,
WW3 you say? fuk it we going green anyway LOL
You guys can't be serious about WW3 right? That will not happen. Little wars? Sure. WW3...No lol
[QUOTE=dopamine72;1595037381]You guys can't be serious about WW3 right? That will not happen. Little wars? Sure. WW3...No lol[/QUOTE]
I truly thought the market would be down a good amount today because of allllll the dam rhetoric from our own media over the weekend. Social media.....they're trying to fuk the market i swear. and we're green HAHAHAHHAHA love it. TSLA is just my babe
aurora canabis just dropped below $2 ..currently sitting at $1.90 per share...cant wait to see how low this thing will go
[QUOTE=VegasLifter26;1595045911]aurora canabis just dropped below $2 ..currently sitting at $1.90 per share...cant wait to see how low this thing will go[/QUOTE]
I was feeling super bullish on it for awhile before I realized how much diluting they were doing. Oh well I didn't risk much and at some point someone will probably start pumping marijuana again. I feel bad for the brahs who had like 50-70% of their portfolios in MJ.
[QUOTE=RobParks2M;1595048271]I was feeling super bullish on it for awhile before I realized how much diluting they were doing. Oh well I didn't risk much and at some point someone will probably start pumping marijuana again. I feel bad for the brahs who had like 50-70% of their portfolios in MJ.[/QUOTE]
Yea that stock was super hyped for some reason, everyone had high expectations. I think alot of people are gonna hold on to it
[QUOTE=dopamine72;1595037381]You guys can't be serious about WW3 right? That will not happen. Little wars? Sure. WW3...No lol[/QUOTE]
This. Nobody cares about having more landmass anymore. You think WW2 fought in today's climate where Greece and the rest of Eastern Europe are all chit with their pensions, Hitler would want to be involved with taking them over? Nope.
[QUOTE=RobParks2M;1595048271]I was feeling super bullish on it for awhile before I realized how much diluting they were doing. Oh well I didn't risk much and at some point someone will probably start pumping marijuana again. I feel bad for the brahs who had like 50-70% of their portfolios in MJ.[/QUOTE]
Lol, at 50-70% in mj.
Sounds like something I would have done years ago
[QUOTE=headturner1;1595057691]Lol, at 50-70% in mj.
Sounds like something I would have done years ago[/QUOTE]
There were some brahs a few months back super stoked on 'em srs. They were almost getting to the point of the cryptobrahs.
[QUOTE=RobParks2M;1595060081]There were some brahs a few months back super stoked on 'em srs. They were almost getting to the point of the cryptobrahs.[/QUOTE]
I do vaguely recall that.. lol, it was kinda cryptoish
[QUOTE=Venom08;1595053561]This. Nobody cares about having more landmass anymore. You think WW2 fought in today's climate where Greece and the rest of Eastern Europe are all chit with their pensions, Hitler would want to be involved with taking them over? Nope.[/QUOTE]
well to be fair didnt Putin want russia to control east ukraine because of the oil reserves? same reason he wanted chechnya and caucus region as well
[QUOTE=RobParks2M;1595023901] EDIT: myron poots from vietcong. Could easily see a BIG downward move off some stupid announcements in either the middle east, the prez, or Euro doing something silly.[/QUOTE]
I sold my puts at market open for some gainz. I had a feeling the markets would pump after futures were down so much. Market is in full bull mode too dangerous for puts. I think ill stick to just earnings plays for a while.
[QUOTE=vietcong666;1595081351]I sold my puts at market open for some gainz. I had a feeling the markets would pump after futures were down so much. Market is in full bull mode too dangerous for puts. I think ill stick to just earnings plays for a while.[/QUOTE]
What companies are your eyes on for earnings?
I think i am going to take the risk on boeing today and see if i can sneak in low 330s and cross my fingers.
Boeing fukin ripping today
Calls up 50% and they are for June lol wish I had bought more
Tesla hitting another all time high today. fking unreal. knew it would be a good investment, just didn't expect to happen so quickly. wish i had more to drop on it at the time fuarkk either way u mirn??! dat percentage
[img]https://i.imgur.com/OK7MPQh.png[/img]
sorry for chitty pic if you don't know ameritrade.. basically dropped $15k on Tesla roughly 7 months back? currently valued at $27.5k, for a gain of $12.5k on a $15k investment. dat dere 84% short term ROI in what i considered to even be a safe bet, i'm stingy and like to play it safe lol.
fuarkkkkk
^myron. Ever since it hit $380 I saw the short squeeze coming, but I figured it would lose steam around $420-430. I think 1/3 of short positions have been covered as of 12/15 (as a % of float was running around 30%) and I have to imagine another 1/3 at least will have covered by the time we see the numbers again I imagine short interest as a % of float will be down to almost 10%. I would love to try buying puts but Tsla does whatever it wants and could just keep climbing.
nice gains spaghet
i exited tesla yesterday up 10% and got in on a dip this am.
also fookin amazon keeps bouncing off 1900 so annoying
uber on a rip u wot m8
[QUOTE=RobParks2M;1595096641]^myron. Ever since it hit $380 I saw the short squeeze coming, but I figured it would lose steam around $420-430. I think 1/3 of short positions have been covered as of 12/15 (as a % of float was running around 30%) and I have to imagine another 1/3 at least will have covered by the time we see the numbers again I imagine short interest as a % of float will be down to almost 10%. I would love to try buying puts but Tsla does whatever it wants and could just keep climbing.[/QUOTE]
Do not underestimate the power of the bears on a pure cash burn. I like Tesla as a very long term play. But, let's not forget they're still hemorrhaging cash every single day.
[QUOTE=topperstyle;1595088181]What companies are your eyes on for earnings?
I think i am going to take the risk on boeing today and see if i can sneak in low 330s and cross my fingers.[/QUOTE]
Im seeing a lot of tech companies reporting on da week of the 21st. Probably will sell Netflix options for their earnings since they always go for insane premiums.