Boiler Room: The Official Stock Market Discussion

[NkrumahWasRight Is Wrong]

I kinda want to. But do we see this thing being overvalued?

Of course its overvalued. Its market cap is more than Toyota and ford combined

 

[dora_da_destroyer]

are you basically saying to make a M1 account to follow the top 10 holdings for ARKK?

Yep. M1 is basically making your own ETF, you can copy the high performing ETF’s

 

[Ahadi]

Would you say Arkk is more conservative?

 

[who_better_than_me]

Bout to chill and let this cash settle

 

[redd2013]

Told everyone last week to buy $45 puts. easy call

fukk should listen been getting hammered on putz lately. Your next call or putz I'm playing for sure

 

[Kyle C. Barker]

That's in a way what I did. Though I didn't take their top 10 holdings. I took Tesla, Square and Illumina and the rest of my M1 is FAANG stocks.

Yep. M1 is basically making your own ETF, you can copy the high performing ETF’s

Damn



So right now I have $5k in ARKK

If you were me, would you just sell all of that and put it in an M1 account with a similar breakdown?

 

[who_better_than_me]

fukk should listen been getting hammered on putz lately. Your next call or putz I'm playing for sure

Those puts were expensive. I passed. If I can’t buy at least 5 option, I’m not interested..

 

[redd2013]

I think OPES is a nice value play right here. I didn't sell when it hit $20 because I see it going much further than that after the merger is complete. In typical SPAC fashion it has crashed hard back now to $14/share. An investor should easily be able to double up off that short term

If I were to play a call how long out would you say in months?

 

[Saysumthinfunnymike]

If I were to play a call how long out would you say in months?

I haven't seen OPES options but the merger is slated for Q3 we are looking at September maybe...

 

[Scholar]

fukk should listen been getting hammered on putz lately. Your next call or putz I'm playing for sure

I still think puts on NKLA are a W. They just very pricey rn

It will continue to drill

 

[iamduval]

Final hour surge ladies and gentlemen

 

[Macallik86]

Just to put things in perspective, the market is up +5% in less than 5 trading days. The average return for a year is like 8.8% or something so this kinda price action is the exception to the norm. I personally wouldn't expect everything to keep running unabated indefinitely.

 

[Teal.]

Square looking pretty nice right now

 

[Scholar]

TSLA Calls a w too

 

[Saysumthinfunnymike]

Tesla and Amazon got rocket fuel. Amazon blew through $3000 and kept going.

If it's gonna be that easy why not just throw all my money in the M1 and walk away