Boiler Room: The Official Stock Market Discussion

[Serious]

PACB earnings this afternoon

What earnings

The earnings call is what matters

 

[Serious]

this is why i dont do options

Stock futures soar as Wall Street predicts Joe Biden will win - CNN

they really think biden wins clean, and the election goes smoothly, on wall street. ill gladly be wrong about the fukkin market in order for that to happen in real life

If you do the ones two years out you can do it safely but people doing the ones a couple weeks away are essentially gambling, especially with the all current fukkery

 

[bnew]

just got approved for options trading.

 

[Scholar]

What earnings

The earnings call is what matters

You not wrong

 

[winb83]

Looking at Nio I should have never sold it. I was paying between $10 and $7 a share. Dumped it all a while ago.

 

[bnew]

Looking at Nio I should have never sold it. I was paying between $10 and $7 a share. Dumped it all a while ago.

ouch


any particular reason that made you sell?

 

[Scholar]

Looking at Nio I should have never sold it. I was paying between $10 and $7 a share. Dumped it all a while ago.

I had like 8k at $10. Sold a while back. I'm not messing with that China fxckery unless its Baba or JD

 

[Arithmetic]

Only weekly options can make your week on an early Monday morning

 

[Spree At Last]

If you do the ones two years out you can do it safely but people doing the ones a couple weeks away are essentially gambling, especially with the all current fukkery

Yeah this is facts. I've bought in the money calls for 2022 and 2023, and i sell weekly out of the money calls against them. About 80% of the time the weekly calls expire worthless and i collect the premium, and the other 20% i buy the weekly call back for a small loss. This has given me a steady income of a few hundred dollars per week over the past couple months, which i basically look at as paying for the long calls that ive bought. This strategy will fail in the event of a big market crash, but so far ive been making money on both the long and short legs. It takes a pretty large initial investment to do with good companies, though.

 

[dora_da_destroyer]

 

[the cac mamba]

amazon under 3 adding another share this week

bezos is a fukkin dikkhead for not splitting it

 

[Saysumthinfunnymike]

Probably a pump fake but this is why I don't try to time the market

 

[Serious]

@Scholar spce

 

[the cac mamba]

drawing back a little

i gotta stick with my gut on this one. tuesday night is gonna be a huge disaster, and wednesday is gonna be a fukkin fire sale

 

[dora_da_destroyer]

amazon under 3 adding another share this week

bezos is a fukkin dikkhead for not splitting it

I might have to follow suit. Add one share and double my position