Boiler Room: The Official Stock Market Discussion

[Perfectson]

what happened today?

hell i have no idea.

I was trying to find out, they put out a PR but that shouln't ahve drove the price this far down. I think it might be Jeff Sessions announcment

lot of MJ is down too.

I might throw a few more in at this price and see

low of the days is .2280, tried to get in at .23...it's at .25 now. Will wait and see

 

[N.J.stan]

TX continuing higher. Bumped my stop loss to 8% profit level.
BABA looking great
SHOP back in the green, up around 4% now

QD still a POS

 

[mson]

Spotify Reportedly Files For Direct Listing - Crunchbase News

 

[Domingo Halliburton]

Riot Blockchain everybody:

In regulatory filings, the address Bioptix provides for its headquarters is identical to the address of a shipping and mailbox rental company called PostalAnnex, which sits next door to a Blimpie sandwich store in a Castle Rock shopping center.

 

[Akata Man Bromo]

BBRY

my other 2 picks faltered, except MCIG

You like black berry a lot? Im thinking about buying and holding

 

[Perfectson]

Riot Blockchain everybody:

i made close to 300% playing options when it tanked down to the 20s

You like black berry a lot? Im thinking about buying and holding

i've only used black berry phones, that's how much i like them lol.

it's a different business, QNX and automotive is going swing this into the 20s and I accumulated back when it was 6-7.

I can't tell you where the next consolidation area is but i think it's black skies ahead (black for profitable).

 

[OJ Simpsom]

What are good weed stocks?

 

[mson]

The Best Marijuana Stocks to Buy in 2018

Top 4 Marijuana Stocks to Watch

 

[Perfectson]

svxy trade

Buy to open 1 SVXY Feb 02 2018 137 call
Sell to open 1 SVXY Jan 19 2017 141 call
Price: $5.50 debit

aim is to play the volatility of the svxy

Diagonal spread strategy: varied applications

maximum risk 548, maximum return 223 (so ~40%)

however, i tend to roll out of this prior and may look to buy back the 141 on any dips in the SVXY and then resell it.

 

[Perfectson]

hell i have no idea.

I was trying to find out, they put out a PR but that shouln't ahve drove the price this far down. I think it might be Jeff Sessions announcment

lot of MJ is down too.

I might throw a few more in at this price and see

low of the days is .2280, tried to get in at .23...it's at .25 now. Will wait and see

hit my buy at .23 , we will see what happens.

 

[Macallik86]

any of yall boiler brehs mess w/ OpenFolio?
its some shyt but if yall legit then its nothin

Never heard of it. Will read the investorjunkie review and find out more about it.

You like black berry a lot? Im thinking about buying and holding

I heard they pivoted to mainly software and their patents and stuff allows them to make $$$

 

[Macallik86]

1. TVIA - bankruptcy stock , still init for the tax assets, hoping someone buys it up
2. BBRY - i'm in large , even leveraged my account to buy
3. MCIG - in large
4. AMFE - in large


these are the equity stocks i'm in right now that's it.

playing options , basically doing SVXY bull calendar spreads (if anyone wants to know how to make 10-15% a month lmk)

Lol bro...

I can tell you have been in it for a while since you're still referring to Blackberry via it's old ticker symbol but are you seriously advocating calendar spreads on a derivative of the VIX to newbies? Anyways here is my $0.02:

1. You are picking up pennies in front of a steamroller... aka a Taleb Distribution. Relative to the speed that the SVXY moves to the downside. Twice in 2017 it had +10% drops and 2017 was one of the most bullish trending years in the past decade. I'm not sure you are getting paid well for the risk that you are exposing yourself to.
2. If/when the VIX even moves moderately, someone brand new is not going to know how what to do with a regular option, let alone a calendar spread.

 

[Domingo Halliburton]

i made close to 300% playing options when it

I wasnt referring to the price action on RIOT, i just found it funny a $200MM+ company runs their headquarters out of a Kinko's in the strip mall off Route 9.

 

[Perfectson]

Lol bro...

I can tell you have been in it for a while since you're still referring to Blackberry via it's old ticker symbol but are you seriously advocating calendar spreads on a derivative of the VIX to newbies? Anyways here is my $0.02:

1. You are picking up pennies in front of a steamroller... aka a Taleb Distribution. Relative to the speed that the SVXY moves to the downside. Twice in 2017 it had +10% drops and 2017 was one of the most bullish trending years in the past decade. I'm not sure you are getting paid well for the risk that you are exposing yourself to.
2. If/when the VIX even moves moderately, someone brand new is not going to know how what to do with a regular option, let alone a calendar spread.

definitely not for newbies...


you are correct, these strategies (which alot of people do using VIX, VXX) are high risk and high reward. Also high probability (>75%) due to the VIX future long term drift lower and timing markets when VIX may spike up.

If I'm in the trade an dthe VIX spikes up, I lose and lose big; but that's any play you make. If anything spikes the opposite way you lose big (in most cases, especially straight equity ownership or naked calls). Now you're also playing the theta burn or time decay. Keeping this 2-3 weeks on the long side protects a bit from massive spikes that don't have an opportunity to come settle.

This trade is all about management .

 

[Larry Lambo]

Man, I got the feeling the market is going to tank sometime soon. It's just going up too fast.

Yall traders might be ok, but the long term buyers like myself are gonna be screwed.