Boiler Room: The Official Stock Market Discussion

chineebai

Superstar
Joined
May 11, 2012
Messages
11,191
Reputation
966
Daps
30,495
Reppin
NULL
Advice for those that want to play options- play 1 contract at a time, do longer term to avoid theta crush, and prepare to lose money. Options are generally a bad idea because you pay a premium vs commons. Most people play options will lose in the long run. I pay for a premium options only service called blackboxstock which tells you real time option flow and most importantly the big stuff which gives you a good idea of what the big boys are doing.
 

Doomsday

Superstar
Joined
Feb 19, 2014
Messages
9,972
Reputation
2,488
Daps
23,627
:mjlol: Also just some quick DD on WTRH: They were the first to offer free delivery because they are a monthly subscription based service from the gate. That's why they have the lowest marketshare but a loyal fanbase. They are willing to lose customer base to keep the fees down, therefore they are more restaurant friendly. They also operate in the obscure parts of the US that have the most stringent indoor dining restrictions, helping to maintain their customer base. Also like someone else said, they are attempting to implement an dine-in menu ecosystem so you can have your order clocked in on sit down without a waiter having to get around to you. It seems Waitr's approach is to steer on the side of the restaurants versus the other apps.
 

bnew

Veteran
Joined
Nov 1, 2015
Messages
55,711
Reputation
8,234
Daps
157,262
nope, will look into that. Have you? Is it good?

yeah i have some shares and calls. check out the posts from last wednesday. can't say if its any good just yet, judging this purely on the outcome of my option calls.
 

FabTrey

Superstar
Joined
Apr 2, 2017
Messages
12,943
Reputation
-1,689
Daps
28,264
I have gained a lot. My holds are good.

I just wanted to do better at options to gain some income quicker since the market has been so volatile


find the best discord and buy some books for a starter. and just keep paper trade first. :manny:
 

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
79,908
Reputation
14,208
Daps
190,236
Reppin
1st Round Playoff Exits
Any of yall do options trading?

Do you do it for big companies?

Or just random small companies?

I wanna make thousands. I've done a options few trades, I'm hit or miss (more misses than hits)

Disclaimer: I already have some good long holds, I'm just talking options specifically
I like the concept of options but I also like not losing money.

I found a slow and steady method where I don't lose money and that's more important than faster money.....
 

Arithmetic

Veteran
Supporter
Joined
Mar 6, 2015
Messages
49,583
Reputation
14,552
Daps
263,011
Was anyone in on the TZPC play? Wish I was paying attention to/had thought about the dry ice demand for the vaccines sometime last month

:damn: it was 0.05 beginning of November
If it makes you feel better, avg volume is just under 14,000. Float at of the end of September was 242,395. So a micro-float stock. At .05, the float would have been worth just ~$12,000.
 
Top