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Sanrith Descartes

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JPMORGAN CHASE 4Q EARNINGS PER SHARE $3.97, EST. $3.49
JPMORGAN CHASE 4Q REVENUE $39.90B, EST. $39.71B
 

Sanrith Descartes

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I am embarrassed to say I missed the fact that DIS turned their dividend back on. I got 30 cents a share day before yesterday.
 

Haus

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Are we getting ready to nuke someone and nobody told me?
1705072188824.png
 
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Sanrith Descartes

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I can't imagine having the bulk of my net worth tied to stock that can do this. God damn, no wonder Elon does so many drugs. This shit would cause me to stroke out. 10 red candles in the last 11 sessions during a hot bull run.

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Sanrith Descartes

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So buyers at the open of FBIT are already down about 25% in 24 hours. This shit really is like Bitcoin.

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edit: Odd that Fidelity is now showing the 52-high as $40.81and not $50.70. Still getting the kinks out I guess.

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Sanrith Descartes

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Jysin Jysin Blazin Blazin I am thinking deep out of the money puts on SPY at $440 (yellow dashed line) with the Feb expiry (16th). Not great premium obviously this OOTM but it comes with the 200 DMA acting as support as it continues its slow move higher. $450 strike pays more and I like it also but comes with some more risk. Thoughts?

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Borzak

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Nobody a bitcoin ETF billionaire yet?
 
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Blazin

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Jysin Jysin Blazin Blazin I am thinking deep out of the money puts on SPY at $440 (yellow dashed line) with the Feb expiry (16th). Not great premium obviously this OOTM but it comes with the 200 DMA acting as support as it continues its slow move higher. $450 strike pays more and I like it also but comes with some more risk. Thoughts?

View attachment 508895
THe premiums are so bad I wouldn't do it. We get a decent vix spike then look to take position. I have no interest in selling puts at a vix of 12
 
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Sanrith Descartes

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THe premiums are so bad I wouldn't do it. We get a decent vix spike then look to take position. I have no interest in selling puts at a vix of 12
Thanks. What are your thoughts on the strikes? I know you mentioned $450 previously.
 

Blazin

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Thanks. What are your thoughts on the strikes? I know you mentioned $450 previously.
450 is a buy, my issue with puts is you'd have to be ready to dump the put and take the equity if it doesn't drop below strike and by locking yourself into the timing of it could cause you to miss a pullback. If you are currently under allocated I would do nothing. If we break out to new highs you probably need to grin and bear it and buy. That's my take.
 
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Sanrith Descartes

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Did an FOH solidarity purchase and bought a quarter position of FBTC at $37.99. I doubt I will add to it unless Blazin convinces me to.

Season 7 Episode 10 GIF by Portlandia
 
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karma

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Did an FOH solidarity purchase and bought a quarter position of FBTC at $37.99. I doubt I will add to it unless Blazin convinces me to.

Season 7 Episode 10 GIF by Portlandia
Pics or it didnt happen.. There is NO WAY you bought at a price that isnt .00 or a multiple of .25.

*note* Mostly kidding!
 
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