Step right into my office
gougler08 said:
New strategy is to by a +10/-10 SPY put and call right before close, we haven't had a flat open in weeks
Aggie1391 said:gougler08 said:
New strategy is to by a +10/-10 SPY put and call right before close, we haven't had a flat open in weeks
What's your selling strategy?
Confucius said:
Thoughts on EXIV? Almost grabbed it at $8 this afternoon.
I don't see how the VIX can go much higher, and history shows it retreats quickly once the worst of it is over (which I expect by summer). My only concern is decay on this ETN, even though it is 1x.
Had never looked at that fund. It tracks Europe. Might be a decent lower-priced alternative.Confucius said:
Thoughts on EXIV? Almost grabbed it at $8 this afternoon.
I don't see how the VIX can go much higher, and history shows it retreats quickly once the worst of it is over (which I expect by summer). My only concern is decay on this ETN, even though it is 1x.
Yes I do, that's why it's hard to get excited about a bailout if one does come, although the circumstances are different than in 08-09. I've never really liked the airlines and have never invested or traded them for that matter and I refrain from giving my opinion on them for that reason.riley290 said:
yall remember when GM stock price literally went to $1 after the bailout was announced?
what literature did you read or people did you follow to learn better trades? I myself am still making bad trades. A lot of people here are making bad trades.riley290 said:
hey man, can I tell you that's what has been the craziest part of this. There were days that I was down $340k but confident in my trade and knew before expiry came around I was going to be sitting on a reasonably profitable trade. I just had to have diamond hands and be confident that we were headed this way. I've made plenty of very poor trades along the way and at one point lost $60k learning what stupid options trades are. I am very lucky to be single and to have a good job that is recession proof so I am willing to risk a lot to exit the real world.
I am curious about this as well. I am currently in grad school for medicine and I would love to learn how to wipe out my student debt in an afternoon. When/where did you start because I know you didn't have time while in your program? I sure as hell don't.Ragoo said:what literature did you read or people did you follow to learn better trades? I myself am still making bad trades. A lot of people here are making bad trades.riley290 said:
hey man, can I tell you that's what has been the craziest part of this. There were days that I was down $340k but confident in my trade and knew before expiry came around I was going to be sitting on a reasonably profitable trade. I just had to have diamond hands and be confident that we were headed this way. I've made plenty of very poor trades along the way and at one point lost $60k learning what stupid options trades are. I am very lucky to be single and to have a good job that is recession proof so I am willing to risk a lot to exit the real world.
Aggie09Derek said:
on TDAmeritrade if you hold an option into the close on expiration does it auto convert it for you?
jj9000 said:oldarmy1 said:
BidAskClub issues a strong sell on ROKU. I scooped up everything under $59 early and already sold for &2+ to average offset losses on holdings.
These geniuses will set the bottom. Remember selling ROKU at $142? Now that is a call worth a darn. A service issuing a strong sell after weeks of sell off should make most people question their mental state.Quote:
As reported by Bloomberg, after Monday's market close, Morgan Stanley (NYSE:MS) said that it was offering a large six million-share block of Roku stock between $57.50 and $59 to interested shareholders, below the closing price of $63.84. The sellers are apparently the giant private investment firms FMR LLC, or Fidelity Investments, and The Vanguard Group.
You run a clothing company??oldarmy1 said:
SFIX crushed and with the majority of their textile fulfillment bring in Honduras there is no relief in sight.
The government there issued a closure of all non-essential business for 1 week Sunday night. I received an exemption certificate after petitioning the government, because I have healthcare related clients. But with additional cases one city where I operate issued a 24 hour curfew.
Only a matter of time before they all do, so I received all clients approval to shift to a home-based model and we're getting ahead of the inevitable. But StichFix doesn't have that option. Thinking of a $10 Put if it gets any bounce.