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

[SolidPaul]

Will definitely try this. Thx.

Ahaha that was the intent.

Inb4 he buys before a correction and panic sells. Options aren't meant to be taken lightly. I had some gain porn and lost it all in other plays. Went from 5k to 60k with monthlies before. But that was luck, the ticker I bought it for pumped hard.

Wsb used to have a lot of loss porn but I don't them anymore. Newbies are getting the wrong idea.

[HMFIC_BROWSIN]

Dumped SWBI after getting raped on it enough.

Picked up some UPST, small pilot buy for now.... Hoping she pumps and gives me reason to buy more.

[Carbonfibre]

i can't imagine how many ppl lost money on 900c & 1000c tesla fds like a few weeks ago.

Yeah. Same with PLTR.

So many end up buying on the top from fomo.



Phuck Intel is moving even further up.

Might be fake pump.

There is nothing in terms of earnings they can announce that will surprise.

[NoScrubz]

Bought some BQ. Apparently it’s the Chinese version of CHWY.

Up 7% already hnngg

[Carbonfibre]

****t


Intel even moving harder up.


Someone must know something.


Nvidia exploded in last 10 minutes.


In before Intel and Nvidia team up.




ohh phuck

earnings got leaked.

Intel Q4 Earnings Q4 Adj. EPS $1.52 vs $1.10 Estimate, Sales $18.3B vs $17.5B



yeah and this is how options are lotto

those puts are now worthless.



sold to close 0.14 aghhh from buy at 0.35

[JoeMAGA]

I bought $10k worth of 1/22 AMD $95c this morning. Up over 100%.

Holding and praying INTC has piss-poor ER.

[Carbonfibre]

pretty massive put bought today.


very strange. hedge I guess.



QQQ 302.50P Mar 05, 2021 $38 million

[chino3]

****t


Intel even moving harder up.


Someone must know something.


Nvidia exploded in last 10 minutes.


In before Intel and Nvidia team up.




ohh phuck

earnings got leaked.

Intel Q4 Earnings Q4 Adj. EPS $1.52 vs $1.10 Estimate, Sales $18.3B vs $17.5B



yeah and this is how options are lotto

those puts are now worthless.



sold to close 0.14 aghhh from buy at 0.35

I guarantee the intel earnings got leaked earlier than this and that’s why there was insane volume for 1/22 calls. Bull chit

[Carbonfibre]

I guarantee the intel earnings got leaked earlier than this and that’s why there was insane volume for 1/22 calls. Bull chit

For sure.

Closed at loss oh well. Tiny lotto.

0/2 so far this year on lotto plays.

PLTR and INTC picked wrong direction.

[Galindo62]

I bought $10k worth of 1/22 AMD $95c this morning. Up over 100%.

Holding and praying INTC has piss-poor ER.

U have big balls or a lot of money to play with?

[Harry362]

Up 13k on BFT

Anyone else in this?

[MediocreGains]

I bought $10k worth of 1/22 AMD $95c this morning. Up over 100%.

Holding and praying INTC has piss-poor ER.

Hope you took some profits. Theta is going to kill you. I don't see it hitting 95 tomorrow unless something drastic happens.

I got 2/05 94c.

[Slamt]

Just bought INTC puts after earnings leak that they beat and right before market close.

Now holding a bunch of puts overnight, that might've been retarded.

Hope the INTC CEO says the n word on the conference call lets go

edit: I remember this happening to me before too, but with TWTR.

fukin scumbags leaked results 15minutes before market close when i was holding a bunch of calls and the stock went -20% instantly and options went to 0 when I was planning to dump

[TugOfPeace]

Up 13k on BFT

Anyone else in this?

Yea, I've been consistently swing trading it since it was at $12-13 or so. No clue how much I've made off it. Is there a way to find that out?

[SpeedCheeser]

Couldn't get anything I liked the look of in INTC, so skipped their earnings.

Don't know anything about PLTR, but the guy talking about them earlier got me looking at them. A lot of juice in those options. If it drops a little lower I may sell a put in my RH account. Otherwise I will probably hold off until earnings to look to do a strangle most likely in my options only account.

[SpeedCheeser]

Yea, I've been consistently swing trading it since it was at $12-13 or so. No clue how much I've made off it. Is there a way to find that out?

Probably just buy looking at your order history and summing it all up.

[chino3]

Couldn't get anything I liked the look of in INTC, so skipped their earnings.

Don't know anything about PLTR, but the guy talking about them earlier got me looking at them. A lot of juice in those options. If it drops a little lower I may sell a put in my RH account. Otherwise I will probably hold off until earnings to look to do a strangle most likely in my options only account.

what is your general approach with a strangle? Would you mind sharing an example through optionsprofitcalculator.com and using the share link option?

[Carbonfibre]

what is your general approach with a strangle? Would you mind sharing an example through optionsprofitcalculator.com and using the share link option?

Read page 60 onward.

Has examples. Strategies etc.

Its fantastic book srs.


https://www.philstockworld.com/pdf/s...tiontrades.pdf

[TugOfPeace]

Probably just buy looking at your order history and summing it all up.

Hmm found out it's possible on thinkorswim. Interesting information, just can't figure out how to show totals for 2020.

Edit: nvm, it's under cost basis on the regular TDA website.

[Travis99]

Csp on AMD & ARKG

[NoScrubz]

BQ mooning ah hnngg

[NoScrubz]

Up 13k on BFT

Anyone else in this?

I have it but sold $20 CCs on it fuk

[CTSV648HP]

Been trading using supply and demand areas. NFLX got down into 30 min supply today, I trusted my plan but kind of pansied out, was gonna buy 3 contracts but only got 2 at $3.98, sold at $7.05, made $614, my best day yet. Also made about $100 on SNAP, another buy while it was in a demand zone.

[chino3]

crazy stat

[MediocreGains]

Just bought INTC puts after earnings leak that they beat and right before market close.

Now holding a bunch of puts overnight, that might've been retarded.

Hope the INTC CEO says the n word on the conference call lets go

edit: I remember this happening to me before too, but with TWTR.

fukin scumbags leaked results 15minutes before market close when i was holding a bunch of calls and the stock went -20% instantly and options went to 0 when I was planning to dump

You sort of got your wish, lol. INTC selling off. AMD mooning now too after the initial dump. Looks like it's related to hackers getting ahold of sensitive information at Intel.

[Galindo62]

Regarding options and investing in general.


That's one of the defenses against these absurdly high pe ratios. I believe and hope the trend continues. I do my part. I tell all the youngins to start investment right away.


They few that invest are very impatient. So I then teach them about spreads.

Now holding a bunch of puts overnight, that might've been retarded.

Hope the INTC CEO says the n word on the conference call lets go

Lmao.

Did he say the n word? Volatility happening.

[Berts]

Hope you took some profits. Theta is going to kill you. I don't see it hitting 95 tomorrow unless something drastic happens.

I got 2/05 94c.

After hours its $93.80, Dam, I think he might do it.

[SpeedCheeser]

what is your general approach with a strangle? Would you mind sharing an example through optionsprofitcalculator.com and using the share link option?

It really depends, and it's kind of hard to explain outside of the TW platform, because I often use a couple indicators that I think are specific to them, or at least to platforms designed specifically for this type of trading.

But general rules of thumb for a starting point on a neutral position - a higher volatility is ideal (even more so IV rank, which might be a TW only thing, but it compares a stocks IV against it's IV for the past year to determine if it's high relative to its own history). I put them on with 30-60 DTE, whichever monthly cycle is closest to 45, generally trying to avoid earnings, unless it's really close to expiration, otherwise I'll wait until the day before earnings to put it on when IV is pumped. I'll usually put them on between the 16-30 delta strikes, with 30 being the 30 being sort of the default, depending on how aggressive or safe you want to be, and what sort of premium you're looking for. From there you can kind of adjust as necessary. Widen if you think it's too tight, tighten if you need more credit, skew it if you're semi neutral with a lean to bullish/bearish, etc. I don't buy into TA, but I'm not immune to the psychological effects of looking at lines on a graph either, so I generally have an idea of where I want my strikes to be to feel safe. And I aim to close the position when I've hit about 50% of the max profit - so if I sold for $100 credit, I'll have a standing order in to buy back at around $50.

[SpeedCheeser]

So using TWTR as an example - ignoring that they're having earnings, the IVR is pretty high for them right now. Looking at the chart, my comfort zones start looking around 42-44 on the bottom (closer to 42 since they're down a bit recently) and like 56 up top. On the 59 DTE Mar 19 options, the 30 deltas are right around that zone as well - call it 42/55, but that far out it feels a little tight for me and my tastes, so I might widen it a little. The next strike on the call side is 60 at the 20 delta, so I'd push the put down to 39-40 to keep it pretty neutral. Gets a nice wide zone to be right in and a pretty decent credit for it.

http://opcalc.com/lBn

[SpeedCheeser]

Not sure that's as much as you were looking for, but hopefully it gives some kind of insight into my thought process I guess.

Now just to be a hypocrite, even though earnings is coming up, I'm kind of liking how this is looking and might do it tomorrow anyway, or look at the 42/55 in Feb. Like I said, it gives a pretty wide range and I don't know that I expect TWTR to go too extreme in either direction after earnings, and in the case of the Feb 19 cycle with 29 DTE, the earnings are pretty close to the expiration and I should be closed or managing by then anyway.

Sorry for multiple posts, but this garbage site wouldn't let me post the whole thing as 1.