Boiler Room: The Official Stock Market Discussion

[Pyrexcup]

fukk just woke up from a nap

 

[KalKal]

its the new fantasy football for white college bros. They love betting on sports.

New? Sports Betting was there first, by far.

Knowledge for bruhs that play options. Never be the last person holding the bag. Meaning: If you playing a 6 month call option, you need to be out in 3 1/2 months. If you playing a 2 year call option, you need to be out in 1 1/2 year. For a 3 week option, a week in a half. Time decay will kill your profit chance and basically you will take an L.

I just came up with a new slogan:
ABR

Always
Be
Rolling


That is, if you have a call that is deep in the money that is getting close to expiration, roll it to an "At the Money" option further out in the future. It will be cheaper than what you are selling, so you'll be able to afford more contracts.

If the market is moving in a generally upward direction, the amount of contracts you have will snowball.

 

[FreshFromATL]

What options did you play?

30 QQQ Sept 4th $295 calls at $2.67

 

[Kyle C. Barker]

Edit

 

[Scholar]

risk management. Stopped loss out of my tesla call

 

[Macallik86]

New? Sports Betting was there first, by far.



I just came up with a new slogan:
ABR

Always
Be
Rolling


That is, if you have a call that is deep in the money that is getting close to expiration, roll it to an "At the Money" option further out in the future. It will be cheaper than what you are selling, so you'll be able to afford more contracts.

If the market is moving in a generally upward direction, the amount of contracts you have will snowball.

How/when do you actually take profits?

 

[Skooby]

I placed a premarket order for APPL that closed right away and a market order for TSLA that took 4-5 mins to close due to the buy volume. All my other accounts updated just fine...this is using the mobile app

Same for me. I had to make a market order for Tesla... My pre-market order didn't work like it did for Apple.

 

[ill]

Apple's P/E ratio, makes it a good buy at that price.

Meanwhile Tesla's, P/E ratio is still astronomical, yet the upside is infinite.

Apple's P/E is only attractive if you didn't know it was twice as good last year.

 

[Serious]

https://fintechzoom.com/fintech_new...performing-etf-tell-me-im-wrong-nysearcaarkk/
@Scholar

 

[RiffRaff]

Need to get in on Tesla. The rug pull ain't never coming

Got 9/11 $125 calls for Apple debating on whether or not to take the profits or keep the gravy train running

 

[mson]

Robinhood, Schwab, Vanguard Say Clients Face Problems in Trading

 

[KalKal]

How/when do you actually take profits?

If you go from deep in the money to just barely in the money, after you roll you'll still have money left over (because the new calls you're buying will be cheaper).

So, if have good timing you'll end up with more calls (still in the money) AND money left over.

 

[NaijaProdigy Redux]

fukk just woke up from a nap

Money never sleeps

 

[Scholar]

I Sold ARKK, A Top Performing ETF – Tell Me I’m Wrong (NYSEARCA:ARKK)
@Scholar

I mean he kept it real. Tech valuations are insane rn. Like I've been saying we are in the biggest bubble in history or truly witnessing the real time shift to tech

 

[Skooby]

QQQ what did I do to deserve you

shyt has been crushing the dow and S&P, im not even investing in those anymore

Only .20% expense ratio...great long term.