dora_da_destroyer
Master Baker
SOLO my only green stock 
Boiler Room: The Official Stock Market Discussion
FreshFromATL
Self Made
What % of people who own the stock bought some in 2015 though?
KalKal
Superstar
That really puts things in perspective. Even if you bought at the "peak" before COVID, you're still doing great.
At the last minute I bought some GLD LEAPS:
GLD Jan 21 '22 $200 Call
Even though GLD is down today, I figure when people get "panicky" some of them run to Gold.
I feel you. Been there as well. Hope it works out if not you got the next one
FreshFromATL
Self Made
Bro, if people simply hold without selling like a dumbass, none of this will matter in 5 years, hell even next year. Why nikkas act like they aint never seen a dip before ?
FreshFromATL
Self Made
I'm not really tripping. I've been winning for a long time on calls. I was due for a slip-up at some point
Saysumthinfunnymike
VOTE!!!
CNBC is a shyt show lol. Analysts beg people who own tech to take profits because the valuations are stretched... OK cool...
But when asked "where to put money?" They have no answer...
We would all like to see a rally from value but is it really that important? Most of those names deserve to die.
So with no good suggestions that is why ultimately people just go back to tech.
And as I say that Docusign beat earnings easily because of course it did... the old blue chips are looking funny next to all the companies that actually turn huge profits.
But when asked "where to put money?" They have no answer...
We would all like to see a rally from value but is it really that important? Most of those names deserve to die.
So with no good suggestions that is why ultimately people just go back to tech.
And as I say that Docusign beat earnings easily because of course it did... the old blue chips are looking funny next to all the companies that actually turn huge profits.
FreshFromATL
Self Made
Docusign rocking after hours.
@Ohene
@KalKal
Ok so you wana know more about vol
the best derivative in the game 
First some good recourses.
1. White paper on the vix = https://www.cboe.com/micro/vix/vixwhite.pdf
2. Overall depravities course by mark Meldrum( PhD) (You need to know derivatives to know the vix) -
3. The text used in the course - Options, Futures, and Other Derivatives, Global Edition | John C. Hull | download
4. Some of my favorite twitter follows
So anyway just a very simplified understand of the VIX is the most accurate way of measuring IMPLIED volatility(Implied is the key word, because the Vol. didn't happen yet.) @KalKal was close about what the vix is, but it's the spread of the weighted skew of options sold at different strike prices (Weighted is a key word here). Simply put it's a measure of all option buying with a strike price in the next 30 days, taking into account the ratio of total call / total puts & how far OTM or ITM they are.
Simple conceptual example. * LETS SAY IM WRITING THIS TWO DAYS AGO*
Anyone may buy a $250 put with a one month strike price right now, but the vast majority of puts being bought sold/would probably (you can find info but not enough time rn) be within 5% of the current SP. To top it off a vast majority of all options bought/sold are probably calls. That 250$ buyer is looked at as insane. Now on the flip side imagine we sitting at 2500 during feb/march. Not only are more puts being bought, but well if you bought a 180 put it wasn't that "crazy" and the total volume of that option is significantly higher than the first example.
*SIDE NOTE A POSSIBLE REASON WHY SELL OFFS ARE ALWAYS VIOLENT* A lot of firms long exposure( How long vs. how short they are) is inversely proportional to the VIX, as the vix rises x%, their longs/shorts decrease/increase by the same x%, respectively. Not all firms do but a lot in the derivatives business do. This is another reason why momentum has been crushing value since things have gotten more quantitative. As a stock rises, more calls are bought(Market markers BUY the stock because they now have to hedge), and therefore big money decreases shorts (Buy shares).
Futures are contracts to buy X and Time Y at Price Z. Very similar to options but they HAVE to be settled. SPX, Nasdaq, ec.t, futures are CASH SETTLED, commodities are PHYSICALLY SETTLED. If i have a gold future I'm actually buying 100x 1 oz pieces of gold. * KEY FACTOR WHY OIL FUTURES WENT NEGATIVE*. People were like "fukk
It's the day the contract expires and i have no where to put 100's of barrels of oil 
...please take it from me" (That day was so fukking funny
)
TRADING THE VXX.
Future contracts are done in months, with the most forward month being referred to as the front month. The spot price refrees to the current price.
Two important definitions
1. Contango - When the future price is higher than the spot price
2. Backwardation - When the future price is lower than spot.
*Current Vix term structure* - VIX Term Structure
The VXX is currently 57.89% oct. VIX future and and 42.11% of sept VIX future. It's important to know this cause, lets say the sept future is settled and then the November future is now introduced to the vix. What happens if that future price is significantly lower than the sept price?(backwardation) the VXX can now be down x% while the vix is up x%. Could get fukked or the reverse happens
@KalKal
Ok so you wana know more about vol
the best derivative in the game First some good recourses.
1. White paper on the vix = https://www.cboe.com/micro/vix/vixwhite.pdf
2. Overall depravities course by mark Meldrum( PhD) (You need to know derivatives to know the vix) -
3. The text used in the course - Options, Futures, and Other Derivatives, Global Edition | John C. Hull | download
4. Some of my favorite twitter follows
- @Ksidiii
- @dynamicvol
- @spotgamma
- @vol_christopher (( A must follow, no these people do not give you day trades but if you want learn his info is gold).
- @vixologist
Simple conceptual example. * LETS SAY IM WRITING THIS TWO DAYS AGO*
The same day i told ya puts were cheap but dont mind me 
Futures are contracts to buy X and Time Y at Price Z. Very similar to options but they HAVE to be settled. SPX, Nasdaq, ec.t, futures are CASH SETTLED, commodities are PHYSICALLY SETTLED. If i have a gold future I'm actually buying 100x 1 oz pieces of gold. * KEY FACTOR WHY OIL FUTURES WENT NEGATIVE*. People were like "fukk
It's the day the contract expires and i have no where to put 100's of barrels of oil ...please take it from me" (That day was so fukking funny)TRADING THE VXX.
Future contracts are done in months, with the most forward month being referred to as the front month. The spot price refrees to the current price.
Two important definitions
1. Contango - When the future price is higher than the spot price
2. Backwardation - When the future price is lower than spot.
*Current Vix term structure* - VIX Term Structure
The VXX is currently 57.89% oct. VIX future and and 42.11% of sept VIX future. It's important to know this cause, lets say the sept future is settled and then the November future is now introduced to the vix. What happens if that future price is significantly lower than the sept price?(backwardation) the VXX can now be down x% while the vix is up x%. Could get fukked or the reverse happens
This post is information and lets go back to mindlessly buying OTM tesla, apple, and spy calls 
Saysumthinfunnymike
VOTE!!!
NaijaProdigy Redux
Veteran
They talk about the same shyt everyday on CNBC
Mister_DoItNice
Leading The Regime
This dude speculating about an AMZN split later in the year. I saw the title initially and thought it was announced. Checked the outlets and there was nothing.
This dude speculating about an AMZN split later in the year. I saw the title initially and thought it was announced. Checked the outlets and there was nothing.
I’d buy an amazon split