Boiler Room: The Official Stock Market Discussion

[Serious]

Got my information stolen thanks Robinhood someone opened a Bank of America credit card and somehow signed me up to have my mail forwarded. The class action should be good luckily the card arrived before the forwarding was applied

@LeVraiPapi

 

[LeVraiPapi]

@LeVraiPapi

Wow. Why is Robinhood still out here stealing from regular folks ?

Breh, honestly that is beyond messed up how they move out here with no disregard.

 

[Rickdogg44]

What's the best platform for option trading? My Schwab account doesn't allow me to even do it.

Have to apply for options.

 

[Rickdogg44]

Yup . We coming for that bag

Earnings is on 11/22.

Not worried about earnings IV crush?

 

[Skooby]

What's the best platform for option trading? My Schwab account doesn't allow me to even do it.

I don't trade options but Schwab has them.

You have to apply for approval first.

 

[Starski]

Not worried about earnings IV crush?

Why u had to go an ruin it



——————

 

[Scholar]

Not worried about earnings IV crush?

"wHatT's iV CrUsH?"

We looking at a 20 -30% drop in market cap
We'll be alright

 

[Scholar]

Why u had to go an ruin it



——————

He's wildin. When he does events in China dude reads off scripts and keeps silent. He needs to keep that same energy here

 

[Starski]

Also, unhedged . Com

is probably the closest thing you’ll get to a Bloomberg terminal for free.

transcripts / financials / fillings / news ect…

 

[GoldenGlove]

Have to apply for options.

I don't trade options but Schwab has them.

You have to apply for approval first.

What does the application process entail?

Is this just a Schwab thing or is it standard?

 

[Pyrexcup]

Im starting to finalize my final list of stock i want to buy any critique or advice? my budget is about 27k ish, Ideally looking for a 3x overall return in 4 years, plan is to at that point withdraw 60k and put that down as deposit for a house and keep the rest in the market.

Long term holds
Disney
microsoft
APPL
FB

Wild cards
mgm
uber
ford
boeing
Tesla
Google
Amazon
Other hotels stocks
Airline stocks

My reason for picking the long term holds is because the companies are stable companies i know about that i can see lasting in the long run that have huge potential for growth and are pretty much ingrained into western society at this point(except for disney)

My wildcards are companies that are either abit too pricey (amazon, google) for my budget or are hyped (Tesla,uber) or could get bailed out and i loose my money(mgm,ford,boeing)

Ideally i want to add 2 more companies to my long term holds, for my wild cards these are stocks I have budget of 2k in total to throw at in hopes they take off

Any critique?

I just realized i cracked my 60k target and i've been looking at a couple of apartments so tempting to pull the trigger however my portfolio is mostly apple/tesla/btc/eth probably not wise to sell now and miss out on future gains.

 

[dora_da_destroyer]

What's the best platform for option trading? My Schwab account doesn't allow me to even do it.

you gotta add/request options trading on schwab - and most trading platforms other than RH who irresponsibly opts every account into options trading

What does the application process entail?

Is this just a Schwab thing or is it standard?

pretty much every repuable brokerage requires you to apply, it's usually just an online app somewhere in the account management tab. asks stupid stuff like how knowledgeable do you feel about options, how long have you traded options, risk tolerance, and what level approval you want (scale of 1-4, tho a new options account won't get approved past level 2, maybe 3). not time consuming at all

 

[Skooby]

What does the application process entail?

Is this just a Schwab thing or is it standard?

It's standard to apply for options.

Here are their option pages:

Online Options Trading

Option Approval Levels

 

[Scholar]

Have 10k you keeping on the sidelines. Don't mind tucking it away for 1 year?

Get 7.12% interest w. U.S. I bonds
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_ibuy.htm
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm

 

[Skooby]

Have 10k you keeping on the sidelines. Don't mind tucking it away for 1 year?

Get 7.12% interest w. U.S. I bonds
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_ibuy.htm
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm

I think I may do this.