**OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR

[MediocreGains]

How much more downside does fsly have? 30 % drop looks prime for a slow crawl up?

Last time it dropped like that, it did a slow bleed for a couple weeks. Other cloud companies, all of which dropped because of FSLY, might be a better bet. FSLY is way too volatile for my tastes as an investment.

Got in on a very small position in NET a 55, and it's already up to 59. Should've bought more, but didn't expect it to bounce back so quickly. But we'll see what the next few days bring. Also started buying DKNG.

[topperstyle]

Last time it dropped like that, it did a slow bleed for a couple weeks. Other cloud companies, all of which dropped because of FSLY, might be a better bet. FSLY is way too volatile for my tastes as an investment.

Got in on a very small position in NET a 55, and it's already up to 59. Should've bought more, but didn't expect it to bounce back so quickly. But we'll see what the next few days bring.

Ty men

[Carbonfibre]

if there was time to buy FSLY leaps it would be now.

year from now FSLY 110-120$ calls could print but I am not sure.



I just don't believe FSLY or NET are safe bets.

[SpeedCheeser]

Have some questions about options trading if anyone could help answer them.

I want to dabble in some gambling (options trading) with money I can afford to lose. Say I buy $500 worth of contracts (calls or puts, whichever) and the contracts end up worthless. Is $500 the most I will lose from that? Or does it go deeper than that and affects my whole account?

In other words I wanna risk losing a specific set of money that I'm ok with, without bankrupting my whole account on accident and ending up on WSB. Thanks.

If you buy an option or spread, the most you can lose is the amount you paid for it. Worst case is it expires worthless and you're out the premium you paid. You can also sell a spread and for the most part can only lose the width of the spread minus the credit received.

Is selling options naked a thing you have to actually select or does it just happen by chance? Sorry for the dumb questions.

I think most brokers will make elect to allow your account to even sell naked options. Even if you have them activated on your account, you'd have to go in and select to sell to open an option. Not sure how it would just happen by chance, unless you accidentally selected sell instead of buy?

You don't have to worry.

Most brokers won't let you short options naked unless u have massive assets to back it up.

They will ask u a bunch of info and chit before they approve you for that anyway.

That's not necessarily true. As long as you have them activated, most brokers will allow you to short puts as long as you have enough cash to cover assignment of the shares. Short calls may be another story. Robinhood won't allow shorting naked calls at all, but other brokers will let you as long as you have the buying power to cover whatever they require.

[MediocreGains]

if there was time to buy FSLY leaps it would be now.

year from now FSLY 110-120$ calls could print but I am not sure.



I just don't believe FSLY or NET are safe bets.

I'm fairly sure that they'll have another run up sooner or later. Not putting my money in it though since I don't want to have to deal with a potential 30% drop out of nowhere.

[Harry362]

Anyone adding DKNG on the dip? As soon as there is some positive sports news again it might pop up

[Heaney]

PLTR coming alive

[topperstyle]

Anyone adding DKNG on the dip? As soon as there is some positive sports news again it might pop up

It’s on my watch list. May pull the trigger on a small position if there’s any dip here in power hour

Edit: why has it been falling off a cliff the last two weeks?

[Carbonfibre]

It’s on my watch list. May pull the trigger on a small position if there’s any dip here in power hour

Edit: why has it been falling off a cliff the last two weeks?

Huge insider selling that was revealed on 14th.


Plus every time there is negative news ie NFL team has covid cases.

It gets shorted.

[Heaney]

It’s on my watch list. May pull the trigger on a small position if there’s any dip here in power hour

Edit: why has it been falling off a cliff the last two weeks?

Lots of games getting PPD due to covid, leagues running shortened seasons, entire conferences in CFB abstaining from playing etc. Can't be great for gambling income.

[Slamt]

SPX up 200pts in 4 sessions, nobody bats an eye.

Gives back half of that: "Should have sold everything, I told you so"

lulz

[hiyooo]

Have some questions about options trading if anyone could help answer them.

I want to dabble in some gambling (options trading) with money I can afford to lose. Say I buy $500 worth of contracts (calls or puts, whichever) and the contracts end up worthless. Is $500 the most I will lose from that? Or does it go deeper than that and affects my whole account?

In other words I wanna risk losing a specific set of money that I'm ok with, without bankrupting my whole account on accident and ending up on WSB. Thanks.

go paper trade brah srs. inb4 you get margin called. there's a lot to learn like implied volatility, intrinsic & extrinsic value, the greeks, etc. you can legit learn everything on youtube.

in short, just buy calls/puts for now. don't sell options until you know what you're doing.

[Harry362]

It’s on my watch list. May pull the trigger on a small position if there’s any dip here in power hour

Edit: why has it been falling off a cliff the last two weeks?

STO 2 CSP 10/30 45 for $300 each

holding 100 shares right now cost basis $48


it kills me I picked up 300 shares the day it changes from DEAC to DKNG for like $19 and sold at $23.50 happy with my $1350 gain at the time

[Travis99]

Is selling options naked a thing you have to actually select or does it just happen by chance? Sorry for the dumb questions.

It is a thing but very risky.

[wrastler163]

NNDM crew checking in

[Travis99]

Where can I find option trading volume?

How many people are buying calls and puts?

[Carbonfibre]

Where can I find option trading volume?

How many people are buying calls and puts?

click on individual stock

head to option chain

https://marketchameleon.com/Reports/optionVolumeReport


real time data you have to pay monthly. 50$+ month. not worth it.

you cannot know if people are selling or buying from volume.

[SipNPiz]

5% swing on COP today, I’m excited for merger news!

[Galindo62]

https://www.google.com/amp/s/ca.fina...124920459.html

There was some positive growth in there. Missed expectations and a few other shortfalls

Went down 18%


Thinking of buying a Few leaps for 2022.

Deep ITM with 95 delta as it moves very closely with the stock.

[SipNPiz]

5% swing on COP today, I’m excited for merger news!

and i think dividend is tomorrow .43 per share

[onepieceisreals]

Anyone in sona nano tech? Canadian company waiting for hc and fda approval on antigen covid test

[twovalvekid]

In!

Spot sold to rocket mortgages lmfaoooo

Negged

I'm impressed with this, personally would have added a bit more about the fed, negative interest rates and record debt to GDP levels.

Copy/Paste. lel


And wtf on wells fargo. Good lord. Makes me wonder about my mortgage and refi potentials.

[Galindo62]

If you're focused mainly on options then Tastyworks is a pretty good platform. You can buy stocks, but it's really focused around options trading. And of course they offer margin trading.

Margin works a little differently for options though. Your buying power will be whatever cash you have in your account, but the buying power they hold from your account is greatly reduced in a margin account. It's not a loan to use towards securities like with stocks (though that is also included). I think for most stocks it only holds about 20% of the option value as a rough average. Certain high risk underlyings could be more and the amount held can fluctuate based on changes in the market, but as an example yesterday I sold a naked put in WBA at $35 strike and it only reduced my buying power by mid $600 something vs a cash secured put that would have held $3,330.

You shouldbhave posted your referall link brah.

Just used it for some reddit phaggot.


Also thanks for the real life example. Was looking for that.


They're verifying my account.

I dont like the commission charges but I shouldn't be doing large option contracts anyways. Its only 1$

Only deep itm call Leaps and selling puts for me.

[Heaney]

My PLTR and MPLN calls are looking joocy right now. Tried to sell the PLTR ones but apparently can't trade options AH.

[chino3]

My PLTR and MPLN calls are looking joocy right now. Tried to sell the PLTR ones but apparently can't trade options AH.

All I know is I need that dumpster fire to stay $10+ by 11/20/20.

Futures green so far. I picked up some TSLA CSPs today, exp 10/30.

[Galindo62]

Chino how much collateral u needed for tesla csp?

[MinisterOfLust]

Any thoughts on Array Technologies IPO: ARRY.?

[taf1968]

And wtf on wells fargo. Good lord. Makes me wonder about my mortgage and refi potentials.

What's a mortgage?

[mike.hunt]

Phukkin ROCKET OF PISS


more importantly...PELOSI OF PISS!! How do we start a movement to remove that crazy bish? Need to get her back to da crazy home and out of politics


I need a stimulus and I need it now!

[jizzfarmer]

Any thoughts on Array Technologies IPO: ARRY.?

Tempted af to go in. Never risked with IPO's before but looks promising. What are you brahs thinking?