Boiler Room: The Official Stock Market Discussion

[Bernie Madoff]

I think Twitter is a good look right now I can't see it getting much worse. I am going to ride out my short on KORS and consider this as a next play.

@Bernie Madoff is this a 6-12 month long forecast?

Long for me

 

[No Homo]

Anyone buy penny stocks? I'm looking into buying pvho

I copped some shares of it last week

 

[Futuristic Eskimo]

Rangebound market

 

[the cool]

I copped some shares of it last week

PVHO?

 

[No Homo]

PVHO?

Yep..rolling the dice on it.. First pemny stock i picked up

 

[the cool]

Yep..rolling the dice on it.. First pemny stock i picked up

Nice!

 

[ill]

CHK up near 27% today.

 

[Domingo Halliburton]

Seadrill back from the dead

 

[Domingo Halliburton]

Guess we cant go a full year without Greek bailout talks.

 

[BucciMane]

Do any of you trade options?

 

[jdubnyce]

Do any of you trade options?

I want to learn so bad

haven't had the time to do any research

 

[BucciMane]

I want to learn so bad

haven't had the time to do any research

I've known that they can pay off big, but they are extremely risky. I have just never wanted to take that amount of risk, as it all depends on the price AND the time period as well.

Essentially, if you risk $1,000 worth of the options, the MOST you can lose is $1,000. If you hit the strike price or beyond, you can make a LOT of money. However, you have to be correct about the time period which makes it extremely difficult.

Let's say you have $10,000, but don't want to put $10,000 into a stock like Alibaba. You can purchase some options (you have to purchased in terms of 100 shares) at a price of say $3.21. If it hits the strike price by the time the option expires, you can make a lot of money without having risked too much and tied up that $10,000 into it. However, if it does not hit that price within that time period, you are out the 100x$3.21.



Do you trade options @Domingo Halliburton ?

 

[No Homo]

Do any of you trade options?

I want to learn so bad

haven't had the time to do any research

My one and only option trade below...i only bought two contracts so i saw profit even though it wasnt much it showed me i was doing the right thing..gonna do more research to pick a company so next time i can score a bigger play

Should've bought more call options on mkcormick ...caught it at 58 now at 120

start with this thread..its what helped me out

http://www.thecoli.com/threads/dont-trade-stock-options-breh.138263/

 

[jdubnyce]

I've known that they can pay off big, but they are extremely risky. I have just never wanted to take that amount of risk, as it all depends on the price AND the time period as well.

Essentially, if you risk $1,000 worth of the options, the MOST you can lose is $1,000. If you hit the strike price or beyond, you can make a LOT of money. However, you have to be correct about the time period which makes it extremely difficult.

Let's say you have $10,000, but don't want to put $10,000 into a stock like Alibaba. You can purchase some options (you have to purchased in terms of 100 shares) at a price of say $3.21. If it hits the strike price by the time the option expires, you can make a lot of money without having risked too much and tied up that $10,000 into it. However, if it does not hit that price within that time period, you are out the 100x$3.21.



Do you trade options @Domingo Halliburton ?

My one and only option trade below...i only bought two contracts so i saw profit even though it wasnt much it showed me i was doing the right thing..gonna do more research to pick a company so next time i can score a bigger play





start with this thread..its what helped me out

http://www.thecoli.com/threads/dont-trade-stock-options-breh.138263/

dapped and repped

 

[Silkk]

In, where can a breh go to invest in these virtual reality sex machines?