Boiler Room: The Official Stock Market Discussion

FabTrey

Superstar
Joined
Apr 2, 2017
Messages
12,955
Reputation
-1,689
Daps
28,290
Another one of my regrets.


Buy calls. :manny:

PLTR.png



here's how I'm playin' it. I'll be scoopin calls under $2, 4-8 weeks out, as long as sentiment stays bullish. Looking for that 10-20% modest gain, rinse and repeat. If I'm feelin' super bullish, I'll let my runner ride for bigger gains. Notice how I scaled out quick to de-risk, but left the runner to feast. Could've been up 250% if I kept those 5 contracts!

I like eating profits, and I ain't the most patient when it comes to options. Profit is profit. Flipped 5K into $850 in one day? That’s a W.

Am I done tho? Nah.

Probably gonna grab 1/17/25 $55 calls next.catch 'em closer to $1 rather than $1.5. i need pltr to drop back to high 30s on a bad market day. when SPY and QQQ is down down. need to base that 40 without dropping back to mid 30s.
 
Last edited:

mson

Veteran
Supporter
Joined
Sep 10, 2012
Messages
54,016
Reputation
6,866
Daps
102,659
Reppin
NULL
Buy calls. :manny:

PLTR.png



here's how I'm playin' it. I'll be scoopin' calls under $2, 4-8 weeks out, as long as sentiment stays bullish. Lookin' for that 10-20% modest gain, rinse and repeat. If I'm feelin' super bullish, I'll let my runner ride for bigger gains. Notice how I scaled out quick to de-risk, but left the runner to feast. Could've been up 250% if I kept those 5 contracts!

I like eatin' profits, and I ain't the most patient when it comes to options. Profit is profit. Flipped 5K into $850 in one day? That’s a W. Am I done tho? Nah.

Probably gonna grab 1/17/25 $55 calls next. Tryin' to catch 'em closer to $1 rather than $1.5. i need it to drop back to low 40s. need to base that 40 without dropping back to 30.

Some of that shyt went over my head. But I got the jist.
 

stave

Superstar
Joined
Jul 18, 2017
Messages
5,299
Reputation
1,271
Daps
20,019
Thinking of buying the farthest out possible call on pltr :jbhmm: thoughts? If I buy at the cheapest strike price, I would obviously have to tie up a bigger premium but it would be the safer bet since the break-even price is lower. Or am I misunderstanding something here?

Been watching a lot of videos on leaps since one of the posters here kept mentioning it, and I would rather do that than outright buy the shares, unless there was a significant dip.

Feels like some years out on this stock would be an easy W and I can have the choice to multiply the profit easier with an option to own than actually owning the shares.
 

FabTrey

Superstar
Joined
Apr 2, 2017
Messages
12,955
Reputation
-1,689
Daps
28,290
Thinking of buying the farthest out possible call on pltr :jbhmm: thoughts? If I buy at the cheapest strike price, I would obviously have to tie up a bigger premium but it would be the safer bet since the break-even price is lower. Or am I misunderstanding something here?

Been watching a lot of videos on leaps since one of the posters here kept mentioning it, and I would rather do that than outright buy the shares, unless there was a significant dip.

Feels like some years out on this stock would be an easy W and I can have the choice to multiply the profit easier with an option to own than actually owning the shares.


if you're bullish long-term, leaps can outpace straight-up stock investing because of leverage. For example, if PLTR triples from $40 to $120 in 2 years, your 5k becomes 15k. not bad. you just 3Xed.

But if you bought leaps, that same $5k (for ex. $50 10 contracts) could potentially flip into $35k. that's 7x. but this only works if it continues to stay bullish.

personally, i found my sweet spot, so i'll just do what i've been successful with - trade small cap momentum stocks with news and buy call options.
 

KING WILL

Superstar
Joined
Jun 14, 2018
Messages
8,604
Reputation
1,302
Daps
22,456
Pltr short interest is up 45%.

Its a smart play. Weve hit ATH's (closes) in like 4 of the last 5 trading days.

But the smart play doesn't always win.

The S&P is weighed by MC, so as our Cap continues to grow, the more funds HAVE to buy Palantir.

Its like a continuous win cycle.

We will eventually see a deep red day no doubt, but for now, we will enjoy these gains.
 

mson

Veteran
Supporter
Joined
Sep 10, 2012
Messages
54,016
Reputation
6,866
Daps
102,659
Reppin
NULL
Last edited:

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
45,604
Reputation
3,801
Daps
69,102
Reppin
Michigan
Been a good couple of weeks.

Those cards are kinda weak. I get 5% back on groceries (no annual fee) including Walmart with the AAA Daily Advantage. Also get 5% back on dining with the Citi Custom Cash. The Chase Freedom Flex gets 3% on dining by default and has rotating 5% cash back categories usually including a quarter of dining.
 

mson

Veteran
Supporter
Joined
Sep 10, 2012
Messages
54,016
Reputation
6,866
Daps
102,659
Reppin
NULL
Those cards are kinda weak. I get 5% back on groceries (no annual fee) including Walmart with the AAA Daily Advantage. Also get 5% back on dining with the Citi Custom Cash. The Chase Freedom Flex gets 3% on dining by default and has rotating 5% cash back categories usually including a quarter of dining.

They say their customers have been asking for them. Time will tell if they are a success.
 

Still Benefited

Veteran
Supporter
Joined
Apr 30, 2012
Messages
39,683
Reputation
8,455
Daps
99,603
Take a look at some of these. I bought SYM,HSAI,GENI,TDC and Veri(not on the list),and PRO.


Probably would sell Geni if it breaks under 7.45,its sort of been running already. But maybe it cracks this resistence on its 3rd attempt and can make a run at 8.90. Then if that breaks im looking for 10.5. HSAI if it breaks 3.84 im probably getting out and will try again closer to 3$


SYM and HSAI have been beast:banderas:

Hoping theres more left in the tank
 

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
45,604
Reputation
3,801
Daps
69,102
Reppin
Michigan
They say their customers have been asking for them. Time will tell if they are a success.
Weird because SoFi already has a 2% flat rate card. That would be my pick. That works as a catch all card because situationally you can beat 3% on specific categories but unless you have Robinhood Gold or $100K invested at BoA you aren't beating 2% flat.
 
Top