Boiler Room: The Official Stock Market Discussion

[blotter]

Mict killing me

I keep accumulating around my core position sub 1.90..

could be wrong but with those mid may warrants at 2.80 i think the MMs bring it there to start taking some profit.. same time the first full quarter of insurance revenue will come out which are supposedly looking good

I can wait 6 weeks for +40%

 

[L&HH]

This is one of those days I have something set aside to buy a dip I think it’s just going to be either apple, Palantir, or NIO. Just looking for the cheapest price point.

If you have the funds buying plntr and writing covered calls might be printing money.

 

[NatiboyB]

If you have the funds buying plntr and writing covered calls might be printing money.

covered calls? I’ve never done any of that. I’m assuming you just need over 100 shares right?

 

[K-Deini]

I keep accumulating around my core position sub 1.90..

could be wrong but with those mid may warrants at 2.80 i think the MMs bring it there to start taking some profit.. same time the first full quarter of insurance revenue will come out which are supposedly looking good

I can wait 6 weeks for +40%

I think it can touch 5 or even higher when they release the platform but that's not til end of q2. Im just frustrated with the lack of updates. And don't even get me started on SONN

 

[Rickdogg44]

covered calls? I’ve never done any of that. I’m assuming you just need over 100 shares right?

Blocks of 100 per covered call ontract you write/sell

 

[NatiboyB]

Blocks of 100 per covered call ontract you write/sell

im going to research this I know I can’t do it with my M1 but I can with webull I’m assuming.

 

[mr. smoke weed]

IPOE gonna have a shytty merger price

It's evil, but once they announce the merger date you could buy a put

 

[El_Mero_Mero]

General questions: I know that I can transfer my whole stock portfolio from Robinhood to another broker for like $75, but can I transfer my whole stock portfolio into a Roth IRA in the same way, or is there a different process that I'd have to undertake?

Also, just to clarify something, if I own Coca Cola in both Robin Hood and in a Roth IRA, I have to pay taxes on it for Robin Hood, but I don't have to pay any taxes on it in the Roth IRA as long as I don't withdraw it until I'm 59.5 years old. Is this correct?

 

[winb83]

General questions: I know that I can transfer my whole stock portfolio from Robinhood to another broker for like $75, but can I transfer my whole stock portfolio into a Roth IRA in the same way, or is there a different process that I'd have to undertake?

Also, just to clarify something, if I own Coca Cola in both Robin Hood and in a Roth IRA, I have to pay taxes on it for Robin Hood, but I don't have to pay any taxes on it in the Roth IRA as long as I don't withdraw it until I'm 59.5 years old. Is this correct?

This is how you transfer from a taxable account to a tax advantaged account:
Sell the stock. Transfer the money. Buy the stock again.

Would be nice if you could do it another way but if it was in a taxable account and it appreciated you own taxes on it. I can't take an account that was worth $10K and grew to $100K and just roll it into a tax advantaged account and not pay taxes on the growth.

 

[mr. smoke weed]

Tesla had amazing Q1 numbers. But the stock was stagnant. is that a sign?

Nah if you look at who's selling, most of the shares are 495-600, so mostly people who bought the recent dip IMO.

It needs to close above 700

 

[El_Mero_Mero]

This is how you transfer from a taxable account to a tax advantaged account:
Sell the stock. Transfer the money. Buy the stock again.

Would be nice if you could do it another way but if it was in a taxable account and it appreciated you own taxes on it. I can't take an account that was worth $10K and grew to $100K and just roll it into a tax advantaged account and not pay taxes on the growth.

Yea, it was kind of a dumb question, but I had to ask. Appreciate the explanation.

 

[Chrishaune]

Who is in on this Canoo class action lawsuit?

 

[DaddyFresh]

XRP gang


5Xed already, but i ain't selling shyt

That crypto life is . Makes the stock market look like the bonds market. Wish I saw the light sooner but I’m not mad

 

[DaddyFresh]

With all the money printing it’s wild the stock market has been in a temporary bear market.

 

[KalKal]

SPY leaps probably the safest calls you can buy why buy VTI calls tho? The option liquidity is lower than SPY and it basically tracks the SPY anyway (many of the same holdings).

I thought that VTI might be less volatile than SPY.
But now that I'm looking into it that might not be true.

I haven't pulled the trigger yet on VTI, but I still might pick some up at some point to see how it does.

I really like the idea of a "huge" low volatility ETF for options.