Boiler Room: The Official Stock Market Discussion

[Starski]

10k Spy 160 P’s just hit the tape for 1/15

degenerate shyt..... but lord that payoff would be

 

[Rickdogg44]

10k Spy 160 P’s just hit the tape for 1/15

degenerate shyt..... but lord that payoff would be

Someone bought $10k (edit or 10k volume) of 160 Spy puts for 1/15/2021?

 

[dora_da_destroyer]

SMH been on a nice move the past 6 months, wondering why they don't have AMD in their top 10.

 

[Starski]

Someone bought $10k (edit or 10k volume) of 160 Spy puts for 1/15/2021?

yeah just opened up for $.04

10k volume.

That civil war hedge

Super lower delta so if you even see a slight increase (towards the negative) in gamma

Spoiler

 

[Scholar]

yeah just opened up for $.04

10k volume.

That civil war hedge

Super lower delta so if you even see a slight increase (towards the negative) in gamma

Spoiler

If SPY hits 162 by 1/13 that person makes a 6375% return and makes $637,500

Once in a generation play

 

[Starski]

If SPY hits 162 by 1/13 that person makes a 6375% return and makes $637,500

Once in a generation play

Yeah, in this case the bears starting capital is 40k, so his return would be 2.59M


But remember, forecasting deep deep otm options is hard. 99.9% of it is due to how exactly will the "crash" happens. If the S&P takes a 30% haircut( 252 ending price) a week before the options expire, it's still relatively worthless. If that same crash happens the first week of December, my bear friend is caking. During the crash down I remember looking at puts that were in the 160-190 range with ~few weeks till expiry trading near a dollar.

Also, just like how people buy stocks that are above their "intrinsic" value all the time due to momentum the same applies to options.

 

[Saysumthinfunnymike]

what you know about Spice 1. I listened to that for most my middle school years lol

$SPCE to the moon

I got like 4 of his albums breh

 

[mannyrs13]

SMH been on a nice move the past 6 months, wondering why they don't have AMD in their top 10.

SMH? Sounds like Shaking My Head. Is their company logo this:

 

[FabTrey]

BTC getting close to 17k. if it passes previous high then it might really take off

 

[Serious]

what you know about Spice 1. I listened to that for most my middle school years lol

$SPCE to the moon

Spice 1 is a bay area cat breh.

@CSquare43

 

[K-Deini]

So is pacb dumping cuz of this cathie wood/arkk situation

 

[Rickdogg44]

Spice 1 is a bay area cat breh.

@CSquare43

I didn't know where you are from. And you are that old

 

[FabTrey]

I was reading that Moderna is basically using the same method as Pfizer so that's more of a sample size now. I don't trust them nearly as much but I do think it spells good news overall for the vaccine. Most people believe now that we will have it by Spring.

i'm pretty much done with the vaccine stocks. it's a damn crab shoot at this point. i ate enough, so i ain't complainin, but there's some serious politics/corruption going on in this space.

 

[K-Deini]

Love these

 

[winb83]

I'm finally positive on all my UTX positions.

Carrier I'm up 67%
Raytheon I'm up 6%
Otis I'm up 1.4%

I feel like I should dump Otis. This is the first time since the UTX split that I've been positive on them at all.