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

[Mogambo]

whats with under armour

Aren't they under investigation for shady accounting practices?

Also their first and only CEO/founder ever is stepping down.

[dopamine72]

Got my 5.3096 shares from T the other day, feels good, such a great company. I've held it for about 5 years now and gotten a total of 63.8428 shares for free, starting from very little and slowly building up. If I was rich I'd have at least a million dollars worth of this chit just so I could pull in an extra 50-60k a year doing absolutely nothing. Wonder how many people are doing this? Its truly beautiful.

Lol wut? You're joking surely....
Capital Gains? - Without the Gains... How. What. In what World. Holy Fuk.
I don't even live in US. But if she's blurting out chit like that - How are the rest of her policies?....

Lmao that pretty much sums up my reaction when I first heard the news
Rest of her policies are similar...Pretty crazy huh?

Anyone playing in PGE? Some nice swings but potential to go to 0 is very likely.

Been looking at it allot, very tempting, got two of my boyos IRL who bought in @ 5 and a lil above. But like you said...0 is a possibility so I'm gonna stay away most likely. I'm starting to appreciate the slow, steady gains that add up over time. My stress level much lower nowadays than a few years back.

Guys pls pray for me I sold 73k worth of TTD iron condors which expire tomorrow lulz.

Inshallah

[JewSeeJohn]

Guys, I wanna get rick quick. (SRS)

What do I do ? (SRS)

Alhamdilulah

[Venom08]

Guys, I wanna get rick quick. (SRS)

What do I do ? (SRS)

Alhamdilulah

Venmo me $10,000 and I'll sort you out

[vietcong666]

Just closed my TTD iron condors.

[thatsnarf]

Just closed my TTD iron condors.

so you made 37k? nice..........jealous

[greenleaf]

Is TWTR going to be dead money for a while?

[Venom08]

so you made 37k? nice..........jealous

Yeah, he did. Bro I haven't seen an iron condor trade in YEARS..... fuk this brings back so many memories from back when I was doing all sorts of options trades. **** was so wild at one point I ****ed around and ended up with 10,000 shares short and 10,000 shares long at the same time in my portfolio on BAC.

[thatsnarf]

Yeah, he did. Bro I haven't seen an iron condor trade in YEARS..... fuk this brings back so many memories from back when I was doing all sorts of options trades. **** was so wild at one point I ****ed around and ended up with 10,000 shares short and 10,000 shares long at the same time in my portfolio on BAC.

im assuming this was around 09-11????

need to read up on options and dabble just a bit too see what's going on. non margin of course

[sword_]

So ETrade is offering commission free trades now? Nice!

[vietcong666]

so you made 37k? nice..........jealous

Yeah if I waited until now to cover it would have made another 20k+ lulz but too much risk on 0 day options to hold until expiration due to assignment risk. These plays are risky. Basically at expiration time today that position would be worth anywhere from +73k to -27k.

Yeah, he did. Bro I haven't seen an iron condor trade in YEARS..... fuk this brings back so many memories from back when I was doing all sorts of options trades. **** was so wild at one point I ****ed around and ended up with 10,000 shares short and 10,000 shares long at the same time in my portfolio on BAC.

I did a lot of iron condors when I first started trading options but I would sell way too OTM and so the losses would be big and the winnings would be too small. Now I use them on earnings plays where the premiums are really high and sell close to the money to git a really good risk/reward. I made a similar play on NFLX where I sold 80k in iron condors and my max loss potential was only 20k and the play paid off big. The potential of assignment risk does suck though.

[vietcong666]

im assuming this was around 09-11????

need to read up on options and dabble just a bit too see what's going on. non margin of course

Im much better at trading options then stocks. My stock trading was bad overall because I was not letting winners ride long enough and would hold onto losers for too long. With options I just plan all my plays so that I dont put myself in that scenario.

[topperstyle]

Is it’s bad time to get into oil?

Debating on getting into banks as well.

[vietcong666]

Is it’s bad time to get into oil?

Debating on getting into banks as well.

I tried playing oil once and got fuked. Never again.

[vietcong666]

Never short a bull market. My SPY credit spreads are fuked.

[Venom08]

Based on Friday's closings, I'm targeting 1.08 on EURUSD and 1400 on gold this week.

[savageoldman]

thoughts on BEYOND MEAT ?

looks like it had a massive sell off

[RobParks2M]

thoughts on BEYOND MEAT ?

looks like it had a massive sell off

Their share lock up expired. all the insiders prolly dumping shares might not be a bad idea.

[topperstyle]

need some bank plays

[Venom08]

need some bank plays

Short GS long term

[topperstyle]

Short GS long term

on spread

[BulkingAkaFAT]

need some bank plays

Macro Bank Inc (BMA)

Unsure how you like to trade - I scalp.
I've done 0 Research on this company. I know nothing about it.

I just put it into my Screener & hit a few variables i wanted to hit.
Why's the share price between 5-7% growth today? - Can you short it on the drop?... Is it news.

Unsure. 0 Interest in trading it myself or doing any research for it.

[thatsnarf]

wtf why isn't the market closed today? just saw.

[Venom08]

on spread

I'm gonna be real with you, they're involved with some really shady chit in Asian markets and are under massive investigation rn. While they control the prosecutors, courts, and govt. in the US, they do not wield the same power overseas. What they're facing now will be the death of them, so my 5-10 prognosis on Goldman Sachs is Chapter 7 and a stock at $0.

[stevesteve12]

Im much better at trading options then stocks. My stock trading was bad overall because I was not letting winners ride long enough and would hold onto losers for too long. With options I just plan all my plays so that I dont put myself in that scenario.

you got portfolio margin?

what broker is that

[Venom08]

As a retail trader, it's so much harder to preserve capital when constantly trading options though.... When I get a $500,000 portfolio again, I'll stick to shares and ETFs. Most of my options trades will be to hedge, and maybe a hail mary long or short on some stock if I don't have the cash for shares.

[Spahgetti]

Big Daddy Elon basically equaling out todays 'losses' for me. Ty fam if you're reading this. TFW you got in at like $240 i think. Fukkkk always wish you got more.... quick return of peace but it's still a long term hold for this guy

[vietcong666]

you got portfolio margin?

what broker is that

The broker is Robinhood. I use them because there is no cost per options contract and no commission. I have no margin abilities on my Robinhood account. Usually on most brokerages you cant trade options using margin since it is much more risky.

As a retail trader, it's so much harder to preserve capital when constantly trading options though.... When I get a $500,000 portfolio again, I'll stick to shares and ETFs. Most of my options trades will be to hedge, and maybe a hail mary long or short on some stock if I don't have the cash for shares.

Yeah I have issues with sizing an options now. As my options account grows, I have to make sure I don't scale up the size of my trades too much otherwise my risks per trade will keep getting bigger. I think for options its best to just limit the account size to prevent too much exposure. Trading options isnt really a scalable strategy unless you are going complete YOLO.

[vietcong666]

Heres the volatility of my options account over the last 3 months lulz.

https://i.imgur.com/Zfz5neE.mp4

Can I embed an mp4 video from imgur?

[thatsnarf]

Heres the volatility of my options account over the last 3 months lulz.

https://i.imgur.com/Zfz5neE.mp4

Can I embed an mp4 video from imgur?

that's crazy. must be nice................................