Saysumthinfunnymike
VOTE!!!
They are predicting that the same shyt is gonna happen that happened with Doordash. I can see it 2x from there if all goes well in the covid comeback but I feel like there's better places for me to park my money
Boiler Room: The Official Stock Market Discussion
They are predicting that the same shyt is gonna happen that happened with Doordash. I can see it 2x from there if all goes well in the covid comeback but I feel like there's better places for me to park my money
Saysumthinfunnymike
VOTE!!!
yep I never try to live above my means
KalKal
Superstar
Greed took over me this morning and I rolled more than half of my SLV call options up to March $31.50:
SLV Mar 19 '21 $31.50 Call
Its down since then
Replying to this post of mine from August as a warning for how Options can go wrong:
I just cut my losses and sold these at a 90% loss
.I figure, might as well take this loss before the end of the year so I can offset some of my gains.
Cautionary tale indeed, but you made it this far, why sell? EDIT: missed your last sentenceReplying to this post of mine from August as a warning for how Options can go wrong:
I just cut my losses and sold these at a 90% loss
I figure, might as well take this loss before the end of the year so I can offset some of my gains.
Can’t remember if this was posted here.
A battery startup backed by Bill Gates and Volkswagen says its cells can charge in half the time of Tesla's Model 3
A battery startup backed by Bill Gates and Volkswagen says its cells can charge in half the time of Tesla's Model 3
garbage
Honestly, all this will take time to learn. I mostly trade/invest in stocks simply because putting on high conviction options trades is more time consuming. Succeeding in options consistently requires much more discipline. There are several ways to succeed 1) Follow the smart money (they know much more about the fundamentals) 2) Use options to scalp momentum in the underlying (stocks rallying/dumping), or 3) use them to leverage high probability technical setups on multiple timeframes (trendline/channels breakouts, rising/falling wedges, moving average crossovers, MACD crossovers). Brokers have options scanners that can help you stay up to date on large trades, and I use TOS in this regard. The goal is to make high conviction trades with options. By doing this you can minimize the probability, frequency, and extent to which your position will move against you. Sometimes your position will go against you before it returns green, and that's where putting on only high convictions trades makes a difference. With my FSLY calls I was down 20% before I was up 300%. I'm holding ASAN calls which are poised to open tomorrow 100%+, but on these I was also down 20% at one point and also up 50% at one point. I'm constantly searching for new information on companies I'm in. Check out TastyTrade and TDA's youtube channels. TDA has a big learning center also.I want part of my portfio power to be options gang like you. Theta gang is jelly with how much i see these long holds and options work for everyone. Slow and steady wins the race tho right?
Turtle Theta Gang
What are mental stop loss on options , like 50% loss or X Days before expiration , buy call on red day?
Last edited:
No cap, now that I acquired my ARKG gains I'm looking into trying options out again. If it don't work out this time I'm retiring from options.
Hop on Pfizer.....NOW
Going by more pacb
@Notley care to do some research on this spec play?
I don't have time right now.....
But this shyt lowkey on my radar right now......
EHang Holdings Limited (EH) Q3 2020 Earnings Call Transcript | The Motley Fool
A general rule of thumb is that these chinese companies are full of shyt, and not to be trusted.
Even big US institutions where wary. Their investments very small and speculative:
EH 13F Hedge Fund and Asset Management Owners
Just need to wait for a bat signal to see if they're fully in now.
From 2018
Chinese Company Files 'Strategic' Bankruptcy With Passenger Drone Commercialization Ahead
Autonomous passenger drones may take flight 'pretty soon': EHang
I finally got through with my work work.
Glad you identified this as a spec play because this seems to violate all the rules you apply to evaluating companies:
They began the earnings call referencing the Sage Harbor provision of the 1995 Securities Act, which protects them if they change their guidance, and their numbers aren't accurate.
They have not demonstrated proof of concept: they have only conducted demonstrations. Haven't delivered any drones for independent use, yet.
In 2018, they promised delivery of the one-person drone in 2019. It was not delivered, and scraped in favor of the two-person version.
Whales are not invested. There are only 7 firms invested as of the Dec, 2020 filing. They only own 4% of the stock.
The company is dependent on customer orders to raise funds. There claim orders for 23 units from Q3. They estimate that they have about 100 orders.
It should be noted that their numbers were unaudited.
The two-passenger drone is battery run, and the battery only lasts for 21 minutes. Then it needs to be charged for two hours.
There are tremendous regulatory hurdles.
In addition to selling the units, the company also plans to earn profits by controlling all of the drones from a centralized facility, and charging for those services. I don't see cities agreeing to this.
On the positive side, the $336,000 price tag seems competitive with similarly sized helicopters.
I think there are better spec plays out there.