That's awesome. Also, T&Ps for your son. The breading is the best part.

I tried to tell him

Well, zoo meltdown is in full effect. Sucks but what a great season. Still excited for a big bowl game win.

And let's hope the stimulus happens so I can get out of some calls pre xmas.

McInnis 03 said:

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Guess when elon tweeted about the joke currency Dogecoin...

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he made me ten bucks!

M5, remember when those kids died taking off in an m5 at like 180mph??

this is my 3rd one. I have had an E60, F10, and now the F90. The F90 is AWD and a huge leap forward from prior 2WD. You can really get in trouble with these if you aren't smart about it. I agonized over getting an E63 AMG this go round, but the decision was easy when the dealers insisted it was MSRP or nothing.

On a trading note, I think this is the week for some broken wing butterflies.

$ADBE. I have been in this for Jan expiration 490C with a diagonal approach for two weeks and suffered through the pullback to the 89 EMA. The squeeze fired long, so let's see what this one does. I sold this week's 505C at close Friday. I am cool with having to sell both on a move past/through 505 given I've gotten to eat premium twice to keep this one in profit. I want to see this have relative strength if the market descends, though. Target 1 $510, Target 2 $520. Playing small.

$FUTU. I think this has been brought up on the board, but I don't remember. Really great bullish consolidation up here. I am leery of chinese crap, but this is in a daily squeeze beginning to hook up. Could be a great entry around where it is now.

I haven't decided what to do here yet. Maybe shares + Jan 50C covered call. The premium isn't terrible for calls. I will make a decision on what to do either Mon PM or Tues AM. Selling $40P or $45P not a bad idea. Risk back to $33 but pretty good support in $36/37 area.

$30,000 Millionaire said:

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$FUTU. I think this has been brought up on the board, but I don't remember. Really great bullish consolidation up here. I am leery of chinese crap, but this is in a daily squeeze beginning to hook up. Could be a great entry around where it is now.

I haven't decided what to do here yet. Maybe shares + Jan 50C covered call. The premium isn't terrible for calls. I will make a decision on what to do either Mon PM or Tues AM. Selling $40P or $45P not a bad idea. Risk back to $33 but pretty good support in $36/37 area.

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would be a 25% return

Lockheed $LMT beginning to bottom, I think. I will buy shares at $345 or confirmed reversal, and I may sell Jan $345P to get the shares. This moves too slow for call options unless you do put credit spreads. Jan 365/360 Put spreads have greater than 1:1 risk to reward.

4x in the last 2 months, goodness

What's the deal with this stock? I remember it was popular for a bit, then everyone was calling it a fraud and it got smacked down to single digits, now huge rebound? Anything changed on it recently for the big volume buying and run up? 50 and above would be blue sky territory for it.

$30,000 Millionaire said:

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this is my 3rd one. I have had an E60, F10, and now the F90. The F90 is AWD and a huge leap forward from prior 2WD. You can really get in trouble with these if you aren't smart about it. I agonized over getting an E63 AMG this go round, but the decision was easy when the dealers insisted it was MSRP or nothing.

On a trading note, I think this is the week for some broken wing butterflies.

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Damn, I heart you sir. I had an E38 for a little while, not long enough. A 99 740i - easily the best built car I've ever owned.

Question to the board... how many use margin and what have been your pros and cons? I have never really gotten into it. If I see something I need to accumulate I can always put my own cash in and pull out later. I see the benefits, but the risk also seems high if something went wrong. Would welcome any feedback.

Ranger222 said:

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What's the deal with this stock? I remember it was popular for a bit, then everyone was calling it a fraud and it got smacked down to single digits, now huge rebound? Anything changed on it recently for the big volume buying and run up? 50 and above would be blue sky territory for it.

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Africa e-commerce. They are corrupt AF over there, but this could be an AMZN equivalent in their market. This is a spec play, but one I'm willing to toss 1% into and see what happens.

you said it better than me.

Prognightmare said:

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Dow futures rise 200 points as lawmakers reach last-minute stimulus deal

https://www.cnbc.com/2020/12/20/stock-market-futures-open-to-close-news.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

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Posted this on the last page but it got buried with more important things quickly. Any thoughts on the impact of the canceled programs?

Congress will prevent and end the following fed programs:

Those four programs are the Primary Market Corporate Credit Facility, the Secondary Market Corporate Credit Facility, the Main Street Lending Program and the Municipal Credit Facility.

I am not very familiar with them but it would seem loaning money is a better Avenue than giving money as far as efficient distribution?

So will anyone on this thread actually get the stimulus checks?

gougler08 said:

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So will anyone on this thread actually get the stimulus checks?

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I'm not worried about who will get checks, but I'm more concerned if Wall Street doesn't think it's enough.

$30,000 Millionaire said:

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Doubtful. We are the bank they're drawing from.

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Yep

zwhag2010 said:

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gougler08 said:

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So will anyone on this thread actually get the stimulus checks?

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Yes. Wife stays at home with 4 kids

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Thoughts and prayers