Boiler Room: The Official Stock Market Discussion
the cac mamba
Veteran
gonna learn how the fukk to do options and make this my first one
makes sense to meThethirdpew
Banned
A few things about options that I learned that helped me along the way:gonna learn how the fukk to do options and make this my first one
1) If you are OTM (out of the money) you make money by the rate at which the stock goes up or down. So if that shyt shoots up you make money but as soon as it stabilizes and remains outside of the money you lose money.
2) Make sure you buy an option for cheap. Option sellers will try to trick/play you by selling you over priced contracts. This is honestly the most important thing.
3) Only sell puts if you are willing to own shares of that company. For example I only sell puts on companies such as Apple and Nvidia since they will go up anyways in case I get assigned.
4) Try to stay as close to the money as possible unless you expect the stock to gap up or down.
5) If you expect a large event for that stock you can make money by buying puts or calls in anticipation for an increase in implied volatility.
6) Please don't use margin. You don't want to get margin called.
If you don't know what I'm talking about you it's fine. Go learn then come back and read this it's really important because I lost a lot of money paper trading options and this is what I learned doing that.
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i sold my baba. 60% profit was enough for me. i know they will grow but you just never know. I just can't trust chinese anymore. i do respect jack ma, but i would rather invest my money uber, fb, and tesla.
Nrz up 15%
Are you in on LQD? If so what's your sp and premium price ?
Thethirdpew
Banned
Invest in Tesla over Baba
. You mean the same Tesla whose founder recently commited fraud 
(not officially but dude made his stock drop on purpose by tweeting "stock is too high imo". He fked over his investors 
). Baba is solid and is similar to Amazon imo; It's no luckin coffee 
.Thethirdpew
Banned
I bought calls for 5 June At the money. Another one that's already moving up is $HYG. shyt is already moving though so premiums are expensive. Anyone who bought HYG calls is already up 40 percent today
.TBH Jack ma is an idiot tooInvest in Tesla over Baba
Thethirdpew
Banned
AMD and Nokia. Don't sleep on 5g and chip makers
.Invest in Tesla over Baba
i'm only interested in a disruptive game changer breh. hell i sold 88 shares of FB yesterday. why did i sell? so i can buy more tesla when it dips.
this dude knows his shyt. his accent is too thick, but he talks substance.
i'll ride tesla to the moon. watch my tesla going for $2000 by end of next year. just watch.
and i fully expect tesla to be $5000 by 2024.
you can't even comprehend what tesla is doing right now. if you knew, you prolly would've sold everything but your draws to buy the dip.
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the cac mamba
Veteran
i'm big on these semiconductor ETF that have all that shyt, XSD and SMH. they'll shoot up like 5% on these days when the market is up 2%AMD and Nokia. Don't sleep on 5g and chip makers
