Boiler Room: The Official Stock Market Discussion

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I'm still learning so this may very well be a noob question but let's say a stock is at $30 and I buy a $33 call with a $27 put. Would that be a dumb thing to do?

This is usually only good to do before a week or two earnings because IV would increase on both
 
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It’s not gonna be like this for good it’s gonna be bumping

there's a long road ahead probably more dips, I just don't think we retesting the lows. I'm sayin tho if we would have just dropped stacks on CCL and all this shyt that doubled overnight we'd all be rich.

I played it somewhat conservative :francis:
 

Da_Eggman

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there's a long road ahead probably more dips, I just don't think we retesting the lows. I'm sayin tho if we would have just dropped stacks on CCL and all this shyt that doubled overnight we'd all be rich.

I played it somewhat conservative :francis:

you def should of stayed in ERi long
 
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They might still a be a buy tbh. They are well off their 52

I think they will get over $30 sometime in the near future but I'm concerned about jumping back in at these prices because if the opening of these casinos don't go smoothly I'm fukked with a cost basis I don't like.
 
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One thing I did do also premarket is I started a little position in NCLH. It was at around $14 and now it's already at $15.60. I will keep and cost average down if need be, they are also way off their 52 weeks, way fukking off lol
 
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