Boiler Room: The Official Stock Market Discussion
Reading through that thread yeah copping some BB a lil after open on monday. These autists is on to something
APHA gnag cannot wait for the merger
i'm not personally invested in this. i just got planet 13.
but there is a huge reward if this merger pan out. i know how volatile this space is. I FOMOed TLRY and got burnt before.
so the key is getting in early.
140MM from the cares act
Closed at 840 on Friday.
Not outright merger, but he can create a parent company and have Space X, Tesla, Boring Company, and neuralink under it. That idea has been floated around
She going for the earnings pop
Rickdogg44
RIP Charmander RIP Kobe
I've been told to wait for IV to cool down. The problem is some can moon and drop hard just as fast
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Rickdogg44
RIP Charmander RIP Kobe
@Kinshasa2pasadena dropped some knowledge back in the day..
It will definitely have an impact. Just wait until all those idiots on tiktok are done posting about it. In the short term social media moves stocks now; this is one of the main reasons baby boomers want to get rid of tiktok tbh. That and the fact that movements are easier to organize on TikTok (BLM and Trump getting trolled proved this). I've been making easy money buying puts two weeks out for stocks that got pumped on TikTok.
I highlighted the important parts
So let's I notice that a stock gets pumped on TikTok. In order to determine if I should buy a put or not I need to know the type of stock that I'm dealing with.
1) I always make sure that it's a stock that clearly has no positive outlook and is only getting pumped because of hype. Examples include GNUS. I also made a lot of money after shorting GAP two days after they shot up from the Kanye partnership. GAP has bad management and is a shyt company so I shorted them.
2) Even though the stock might have bad fundamentals, make sure that it's not a stock that people are too bullish on (Tesla and NIO for example). Even though Electric vehicles won't be viable for another 5 years, you should avoid shorting those stocks because investors will always buy the dip.
3) Don't short the day the pump happens. Wait for IV crush to happen (that is, wait for implied volatility to go down). For example, the day that a stock rallies option prices go up because of implied volatility. A few days after the run up (usually two - three days later) implied volatility will go down so I go in and buy puts.
4) I buy at a lower strike price.
5) Volume and open interest affect implied volatility. If an option has high volume and low open interest it means that people are cashing out, so implied volatility is going down.
In summary, but puts on stocks with bad fundamentals. Avoid buying puts on stocks that people always want to add more to their portfolio (they will wait for a red day then buy). Buy at a lower strike price
So let's I notice that a stock gets pumped on TikTok. In order to determine if I should buy a put or not I need to know the type of stock that I'm dealing with.
1) I always make sure that it's a stock that clearly has no positive outlook and is only getting pumped because of hype. Examples include GNUS. I also made a lot of money after shorting GAP two days after they shot up from the Kanye partnership. GAP has bad management and is a shyt company so I shorted them.
2) Even though the stock might have bad fundamentals, make sure that it's not a stock that people are too bullish on (Tesla and NIO for example). Even though Electric vehicles won't be viable for another 5 years, you should avoid shorting those stocks because investors will always buy the dip.
3) Don't short the day the pump happens. Wait for IV crush to happen (that is, wait for implied volatility to go down). For example, the day that a stock rallies option prices go up because of implied volatility. A few days after the run up (usually two - three days later) implied volatility will go down so I go in and buy puts.
4) I buy at a lower strike price.
5) Volume and open interest affect implied volatility. If an option has high volume and low open interest it means that people are cashing out, so implied volatility is going down.
In summary, but puts on stocks with bad fundamentals. Avoid buying puts on stocks that people always want to add more to their portfolio (they will wait for a red day then buy). Buy at a lower strike price
Yep just waiting on my next paycheck so I can load up some more them boys on reddit have already loaded up something serious but there is still huge opportunity in the space before the big boy investors swoop in and retail investors playing catch upi'm not personally invested in this. i just got planet 13.
but there is a huge reward if this merger pan out. i know how volatile this space is. I FOMOed TLRY and got burnt before.
so the key is getting in early.
Rickdogg44
RIP Charmander RIP Kobe
With tesla shares being so expensive (unless you got bread like that) just toss it in a M1
So nobody believe GME still has room to go up? Them cats on reddit claiming it'll be 490
Mirin4rmfar
Superstar
Entry price is too high for me to take that risk. At least with black berry you have partnership with amazon on automotive data security and end point security which crowdstrike is dominating.
before I first started investing, I used to think buy low and sell high was an easy principle to follow and wondered why so many ppl got stuck holding the bag...that was until I actually got into it and realized how easy it is to get swept up in euphoria and chasing runs and often found myself in situations earlier on where I’d be buying high and forced to sell at a lower rate to save skin...I’m not saying you absolutely can’t make money buying into GME at $60+ but also be aware you could be stuck holding a $60+ bag as the price drops...just be aware of both outcomes and decide what it is you can’t deal with...what would bother you more...missing out on the possibility of it running from $60 to $490 or buying in at $60 and watching it drop back below $10?
...and this is not me telling you what to do one way or another outside of thinking about the risk involved for better and for worse
Appreciate it breh. I'll have to think about it and contemplate after seeing how the stock moves at opening.