Saysumthinfunnymike
VOTE!!!
Stocks will go back up once these clowns are put to rest.
Boiler Room: The Official Stock Market Discussion
fukk.. These Trump fakkits just ruined a great day of gains
ill throw a quick 200 on it. I'm already holding eth and btc
MARA is nice too.
if you are looking for a long term stock then TTCF, BYND, DBX are undervalued. it will not explode anytime soon. it's a transition period, so you can slowly build a position.
Saysumthinfunnymike
VOTE!!!
let's just start a bear market already.
Did you see the reaction to dems gaining control?
Market liked it, while old heads were worrying about their taxes lmao..
MARA is a good long term, and short term play.
Also brehs, not really stock related, but I finally got a job offer today.........so ya boy gonna be increasing his portfolio quite a bit! Dope day for me.
Since I'm doing this strategy on "SNDL" currently, I will use that as an updated example from the discord.Doomsday's Hamburger Straddle Explained:
-Purchase 100 shares of "SNDL" (0.50 a share for $50.00 total)
-Sell a 0.50 STRIKE PUT (0.15 PREM)
-Sell a 1.00 STRIKE CALL (0.10 PREM)
Say the stock goes to 0.75 a share, the 0.15 premium from the sold PUT lowers the
CB (cost basis) for the total amount of shares-- Which would make the CB for 100 shares of SNDL 0.35 a share. It would be as if I purchased 100 shares of SNDL for 35 cents instead of 50 cents. This is especially true if I get exercised on the sold PUT and am left with 200 shares, with a CB of around 35 cents. That would mean the stock would have to plummet under 35 cents before I start seeing any red, which is a great position to be in on a stock that trades sideways.
The sold CALL lowers the CB as well. If you take the 0.10 premium from the sold call and add it to the pot, you are left with 100 shares of SNDL for 0.25 a share as your CB-- half the current market value of the stock. That would leave you with a 2x stock flip out the gate if you sold immediately. Let's not also forget the increased value of the stock price per share if you decide to hold the stock. Of course, this is predicated on the stock trading sideways between 0.50-1.00 per share.
However, let's say the stock goes up to 1.25 per share. In that case, my 100 original shares is exercised for 1.00 a share with a cost basis of around 0.25, so essentially I receive 4 times what the stock was worth in my possession. Yes, there is a chance the stock can continue to moon beyond the exercised price. In that case, I still made a nice profit, plus I can also buy more shares at 1.25 and start the process over again. I can also buy back the option itself thereby keeping the shares, and rollover those gains into further lowering my CB as I sell the next calls and puts.
This is a great strategy to guarantee a solid CB for the stock you wish to own. It's also a great way to profit on a stock that's trading sideways and doesn't usually amount to much gains.
Last edited:
I keep seeing bngo in this thread but I don’t know what that jawn is smhBNGO, NNDM, IPOC
no please say hell no to gaining control
more fukkery please. let's crash the market 25%
RIOT - if you have a high risk tolerance. it will continue to explode as long as bitcoin is bullish.
this chaos as fukked up as it is...is great for BTC
dora_da_destroyer
Master Baker
This Capitol shyt is sidetracking me. Wanted to spend the evening researching Q1 SPACs, I’m really tryin to get that quick 50% again (really 2x, but I won’t be greedy)
Last edited:
