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

[Carbonfibre]

its time for SPY $380

[topperstyle]

Go amazon go

[chino3]

Bozo and his lieutenant wrong again

shocker.

unaware

Nice. Yeah I'm selling ITM CSP assuming it'll never get close to NAV again, but I'd hate to get forced into a move b/c it dropped to $22 or something. Even then I'd technically be profitable minus whatever IV is remaining.

The wheel is a really great strategy when assigned. I have been in the red on stocks that I got assigned, but I kept selling calls again them at just above the strike I bought at, and made money while I waited for them to recover. 10/10 would recommend.

Go amazon go

finally. That little ******* has been on my nerves for way too long. Only have 5 shares, but whatever. Not going to buy any more unless it hits <$3k again.

[HMFIC_BROWSIN]

finally. That little ******* has been on my nerves for way too long. Only have 5 shares, but whatever. Not going to buy any more unless it hits <$3k again.

Good news is that a lot of times, the longer and tighter prices wind up like this, the harder it bursts out of the range. Fingers crossed.

[RobParks2M]

lmao baba on the run. All I can say is I'm glad I'm not tied into many US companies that are heavily index'd. I have a very very bad feeling about them. Take that as you will.


To go along with that- how do you all think ETF/Index folks are going to generate alpha again benchmarks like S&P or SPY now that TSLA is included? Do you think they'll try to add MORE TSLA to potentially outperform benchmarks by having a higher % portfolio weighed towards TSLA or are there other potential growth companies that might be rotated into?

[Travis99]

WNW going straight KODK

[HMFIC_BROWSIN]

WNW going straight KODK

Fuarkin chyna.

[aberry33]

I had a bunch of 12/18 puts on AMWL I sold when it dropped to 22. I closed them for 90% profit the other day

I'd prob do similar today but Im out of buying power

AMWL getting bent over again today and now there's news why:

https://investorplace.com/2020/12/am...lunging-today/

AMZN apparently poking around in telemedicine now.

I really like the telemedicine industry as a whole but not sure what this will mean for AMWL long term. Not a positive that's for sure.

[MediocreGains]

ROKU mooning again because they just made a deal with HBO Max. Was thinking about adding more ROKU if it hits around 290 again or maybe even 300... but so much for that. Oh well, not a bad problem to have.

Damn son

Dkng, eth, btc, sq all making me horny.

I don't have any faith in them as real currency, but it's definitely looking like cryptos were the smarter dollar hedge rather than metals.

[Belome]

Well if you Yolod on WNW today you
Got rich.

[Travis99]

Fuarkin chyna.

Guess we’ll have to get something out of a biden president. Might as well jump on the chyna train and build our arks.


WSB looking to go hard on MT. Apparently it follows the steel index.

[twovalvekid]

I got out at like 16.70 m8

I think ticker changes tomorrow?

Not opposed to sitting on some long shares though - I will see how price action is after ticker change

I’m just holding it for now. Up 20% overall on it. So I’m just gonna let it run. And from what I can find, they ring the bell at the exchange tomorrow and are live as well.

I believe short market bump is coming.


Tmmrw or Friday.


It seems they will announce $900 million stimulus bill today/tonight or tmmrw.


$600-700 stimulus checks coming.


That being said think there might be short term volatility coming friday and over weekend.


Not holding any options.

Just seeing what happens.

So can’t check details much. Is everyone getting it or am I screwed again for being a workin man?

[Slamt]

unaware

Nothing special just same 2 bozos calling for crash before the election and then a crash every 50pt pullback being wrong as usual.

Can somebody tell me if NFLX or AMZN is crashing yet

[Venom08]

Nothing special just same 2 bozos calling for crash before the election and then a crash every 50pt pullback being wrong as usual.

Can somebody tell me if NFLX or AMZN is crashing yet

Rent free

[Slamt]

Rent free

You'll be homeless and rent free soon enough.

Oh wait you're playing with 2 contracts of $40 worth of puts



"definitely retesting march lows in 2020"
"we're definitely crashing into the elections if joe biden wins"

brb brb

crash delayed until 2021


until the next 50 pt drop

in which case, crash is imminent.

How are those Feb BA and NFLX puts doing brah. That $40 now $15?

[topperstyle]

You'll be homeless and rent free soon enough.

Oh wait you're playing with 2 contracts of $40 worth of puts



"definitely retesting march lows in 2020"
"we're definitely crashing into the elections if joe biden wins"

brb brb

crash delayed until 2021


until the next 50 pt drop

in which case, crash is imminent.

How are those Feb BA and NFLX puts doing brah. That $40 now $15?

Who hurt you?

I will say he was right about march

[Slamt]

Who hurt you?

I will say he was right about march

Who are you again

Why do you keep quoting me to defend the guy who was right about march and wrong about literally everything since?

I have no problems with most of the people here, just have to put this clown who comes in and acts like he's gods gift to trading in his place.

[topperstyle]

Cramer is bullish on Boeing

[topperstyle]

Who are you again

Why do you keep quoting me to defend the guy who was right about march and wrong about literally everything since?

I have no problems with most of the people here, just have to put this clown who comes in and acts like he's gods gift to trading in his place.

Being angry is a choice

[Slamt]

Being angry is a choice

So is being an annoying cockroach on a forum.

[Travis99]

Cramer is bullish on Boeing

He’ll be a mod on WSB in no time

[Galindo62]

Since I am new to the sell side- you are never forced to close a position right? Seller/buyer have to agree on a transaction yes?

You can definitely be forced.
Early assignment/exercise does happen.

Not so much for puts. But still possible.

For calls a little more common but still not usual.

[Galindo62]

Stop buying options.


(Theta gang in sig. Just lol.)

Buying options is great. Has been way more profitable than theta strategies for me. But I believe in the statistics prove it.

But you have to pony up. Can't cheap out on duration or being OTM. LEAPS>theta.
Leaps+theta=profits.


Not mine but...

[Travis99]

Wife is doing a PowerPoint presentation for an economic class she’s taking in college. As I walked past the office, she asked me give a quick sum up of the stock market in relation to the coronavirus.

Insert whiteguyblinking.gif


I just told her to ad a bullet point that’s says “stonks only go up”

[Travis99]

Buying options is great. Has been way more profitable than theta strategies for me. But I believe in the statistics prove it.

But you have to pony up. Can't cheap out on duration or being OTM. LEAPS>theta.
Leaps+theta=profits.


Not mine but...

[img]https://i.imgur.com/iiUCBg]

WSB going all in on MT

[DeputyDong5]

You'll be homeless and rent free soon enough.

Oh wait you're playing with 2 contracts of $40 worth of puts



"definitely retesting march lows in 2020"
"we're definitely crashing into the elections if joe biden wins"

brb brb

crash delayed until 2021


until the next 50 pt drop

in which case, crash is imminent.

How are those Feb BA and NFLX puts doing brah. That $40 now $15?

I think I recall him saying apple would test 85 after the split. I think a solid strategy at this point is to do the opposite of what he says.

[Heaney]

I think I recall him saying apple would test 85 after the split. I think a solid strategy at this point is to do the opposite of what he says.

He's been a beacon of retardation. Claims he's "not a bear just a trader" but hasn't once changed his moronic game plan. I've lost track of all of his gems of price targets but apple, Amazon, DOW and QQQ have definitely been his lulziest fails.

[RobParks2M]

Is anyone else fukking floored oil is nearly $50 a barrel and we haven't seen THAT big of a bounce from most oil companies? I mean yeah, a few of the smallest have doubled from lows, but $3 to $7 dollars isn't a huge market capitalization change (looking at you MRO). I'm trying to show some restraint, but cottdam do I wanna go balls deep in the OG sector.

[Travis99]

Is anyone else fukking floored oil is nearly $50 a barrel and we haven't seen THAT big of a bounce from most oil companies? I mean yeah, a few of the smallest have doubled from lows, but $3 to $7 dollars isn't a huge market capitalization change (looking at you MRO). I'm trying to show some restraint, but cottdam do I wanna go balls deep in the OG sector.

It’s because I sold $7 calls on mro for the 31st

[SipNPiz]

Is anyone else fukking floored oil is nearly $50 a barrel and we haven't seen THAT big of a bounce from most oil companies? I mean yeah, a few of the smallest have doubled from lows, but $3 to $7 dollars isn't a huge market capitalization change (looking at you MRO). I'm trying to show some restraint, but cottdam do I wanna go balls deep in the OG sector.

Up like a rocket, down like a feather. OG gapped up 20-30% across the board a few weeks ago in a single day...