Boiler Room: The Official Stock Market Discussion

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If you want to learn Options,

go to YouTube, type in "TastyTrades"

and start with their 'beginners' playlist.

Watch it over and over until it sticks.

If you don't know what you're doing , Options can be a dangerous game.

You can win big and lose even bigger.

Haven't gave it my due diligence yet, but the momentum is there.

Got recommended on multiple platforms.
 

philmonroe

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If you want to learn Options,

go to YouTube, type in "TastyTrades"

and start with their 'beginners' playlist.

Watch it over and over until it sticks.

If you don't know what you're doing , Options can be a dangerous game.

You can win big and lose even bigger.
No it can't nikka fukk you talking about? You can only lose your premium paid for the options unless you talking about stupid nikkas using margin accounts.
 

Perfectson

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No it can't nikka fukk you talking about? You can only lose your premium paid for the options unless you talking about stupid nikkas using margin accounts.

wrong. what happens when you short a call for example and the stock pops?


*edit* just went back a page and literally they are talking about how some optionseller lost all his clients money.
 

Perfectson

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i'm reviewing apple *buying* bull put spreads going down to 170-165 but i have some at 180 -175 already. December strike. Good r/r for me
 

hashmander

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Damn now that pretend economist Larry Kudlow has issued the kiss of death:

Kudlow: 'Recession is so far in the distance I can't see it'
"The basic economy has reawakened and it's gonna stay there," Kudlow told reporters at the White House. "I mean, I'm reading some of the weirdest stuff, how a recession is around the corner — nonsense."

"My personal view, our administration's view, recession is so far in the distance I can't see it," he added.

I'm starting to wonder.
 

philmonroe

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wrong. what happens when you short a call for example and the stock pops?


*edit* just went back a page and literally they are talking about how some optionseller lost all his clients money.
What are you talking about nikka? Most dudes here ain't selling options they're buying them so try again.
 

Slick_Vic

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No it can't nikka fukk you talking about? You can only lose your premium paid for the options unless you talking about stupid nikkas using margin accounts.
I normally don't go back and forth on here, but let me ask you a question.

How long have you been purchasing options? Do you only buy naked calls/puts or do you buy/sell credit and debit spreads? Strangles, straddles, butterflies, etc.?

From your comments, it sounds like you aren't into advanced options strategies yet.

When you're only buying calls and puts, your chance of profit is only about 33%-50% on a good day.

With those odds, you can lose your account fairly quickly.

I would advise you learn the other side of the game, where you're the seller and your chances of profit are 70-90%....while hedging your positions with spreads.

Good luck to you.
 

philmonroe

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I normally don't go back and forth on here, but let me ask you a question.

How long have you been purchasing options? Do you only buy naked calls/puts or do you buy/sell credit and debit spreads? Strangles, straddles, butterflies, etc.?

From your comments, it sounds like you aren't into advanced options strategies yet.

When you're only buying calls and puts, your chance of profit is only about 33%-50% on a good day.

With those odds, you can lose your account fairly quickly.

I would advise you learn the other side of the game, where you're the seller and your chances of profit are 70-90%....while hedging your positions with spreads.

Good luck to you.
I've been doing options for a few years now. Why are you asking questions that are obvious from what I posted? Of course I only buy options and not sell them just like most people,in here like I said. Nah I don't won't to deal with the other side even though you can win more often. I like what I'm doing and its worked out quite nicely for me overall but I wish you success in your dealings though.
 
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