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Falstaff

Falstaff

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When I first started studying options I refused to believe moneyness was a real world... still laugh when I see it.
 
Hateyou

Hateyou

Not Great, Not Terrible
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Jackie Treehorn said:
BTC seems to lately follow a weekly-ish trend of down to $30k, back close to $40k, and repeating that way again. I'm not ballsy enough to put money in that stuff though. Probably a good bet for someone willing to ride that wave up and down though.
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As soon as those trends are predictable enough that it’s easy to notice they usually stop. I’ve bumped myself out of stocks at the wrong times doing that. Could have easily went the other way though so 🤷‍♂️
 
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Sanrith Descartes

Sanrith Descartes

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I love writing options on high volatility SPACs. CCIV up 10% to $26 a share. the $12.50 puts I wrote expiring in 18 days are still selling for 25 cent premium. Awesome.
 
Sanrith Descartes

Sanrith Descartes

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I am really short of shocked that GME and AMC havent crashed down to earth yet.
 
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Gravel

Gravel

Mr. Poopybutthole
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I'm more surprised they've been holding steady in price all day. You really figured they'd either pop high or low. Not just stay in that weird overvalued and not at all realistic, but also not moon.
 
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Rajaah

Rajaah

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I'm not too sure what's going on either. GME had a brief rally a little while ago, but it didn't go anywhere...certainly not moon. At this point it's more interesting to me than anything else, making a profit on GME isn't even really on the table for me.

 
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Threelions

Threelions

Victory Through Harmony
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I would love to let it ride but the Jew in me is causing an internal struggle that matches heaven v hell proportions.
 
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bytes

bytes

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Sanrith Descartes said:
For those new to Fidelity and new to options, get familiar with the Options Strategy Ideas Tool. Assuming a stock has 2-years of history, it will calculate a 2-year backtest and tell you the probability of being assigned on an option at a specific strike and date. Math is your best friend with options.

ps.. that is still a nice premium for a 7% chance of assignment.

View attachment 332406
View attachment 332405
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So a max gain of $42.35 or a loss of $5,957.65. I'm either not reading this right or simply not ballsy enough.
 
Gravel

Gravel

Mr. Poopybutthole
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Jackie Treehorn said:
The bag holders are spamming the fuck out of everything today. The word “distraction” must be trending heavily.
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I think people are starting to panic that they've been sold a lie, and they want the price jacked up to cover their losses, while still shouting about how "oh, I'm definitely diamond hands on this!"

I could be wrong and maybe there are still uncovered shorts, but my gut says this ride is over.
 
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Sanrith Descartes

Sanrith Descartes

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Sanrith Descartes said:
So as promised, here is a non-inclusive list of high quality boomer stocks (and NVDA). Over a LONG time horizon I dont think you can go wrong owning them. I also believe a portfolio should have some diversity in more than just tech and I like industrials/defense stocks as a compliment because they have a moat and their #1 customer (the government) always pays their bills and is happy to overpay for products. The market is volatile so dont blame me if you buy something and it goes down. These are long term holds.

Full disclosure:
I currently own:
LMT, NOC, KO, NVDA, PG, V and CRM
I have owned GD previously, sold it for profits and am waiting to re-enter. RTX isnt on the list (because it hasnt fallen enough yet), but like GD I owned it, sold for profits and am waiting to re-enter. I am not posting charts because it would be a pain to post all these charts and its Sunday and Im lazy. Hopefully @Blazin will chime in his opinion as well. Tendies are great, but these are the types of stocks to retire on. Also, my portfolio is tech heavy as a general rule.

Also not on the list is ETF's I am waiting for a good price to enter (FTEC and QQQJ, both long term holds).

SymbolEPSPEDiv YieldSupport atCloseI like it at
LMT24.4913.393.17%$311.21321.82$311-$321
NOC19.0315.41.98%$285.13286.61$285.13
GD11.0113.673.92%$138.20146.68$130-$135
HD11.5724.032.16269.81270.82$263.13
KO1.9325.493.34%48.0648.16$48.06
NVDA6.1285.30.12%518.14519.59$500 or less
PG5.2924.642.43%127.44128.21$127.44
KMB6.8819.683.37%131.39132.1$130
V4.5440.65%193.25193.25$193.25
CRM3.8359.070.00%214.59225.56$210-$220
Click to expand...

Just a follow-up on this list:
LMT - Bounced at $319.81 and is currently up to $324.50
NOC - Bounced on the open, currenlty up 2.5% at $293.54
GD - Bounced on the open, currently up 1% to $148.09
HD - Dropped to $267.25, currently at $269.87
KO - Bounced at the open, currently up almost 1% at $48.59
NVDA - Dropped to $516.11, currently up 1.66% at $528.16
PG - Bounced at the open, currently up almost 1% at 129.19
KMB - Bounced at the open, currently up over 1% at 133.62
V - Bounced at the open, currently up 3% to $199.07
CRM - Dropped to $224.75, currently up over 1% at $228.37
 
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Sanrith Descartes

Sanrith Descartes

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bytes said:
So a max gain of $42.35 or a loss of $5,957.65. I'm either not reading this right or simply not ballsy enough.
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This is writing puts. Max gain is the premium of $42.35 if it isn't assigned. The max loss would be if the stock dropped to in 18 days. I think the odds of RTX dropping to zero iin 18 days is less than the odds of me getting a blowjob from Gal Gadot.
 
Jackie Treehorn

Jackie Treehorn

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Gravel said:
I think people are starting to panic that they've been sold a lie, and they want the price jacked up to cover their losses, while still shouting about how "oh, I'm definitely diamond hands on this!"

I could be wrong and maybe there are still uncovered shorts, but my gut says this ride is over.
Click to expand...

That’s precisely what it is.
 
Threelions

Threelions

Victory Through Harmony
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Sanrith Descartes said:
This is writing puts. Max gain is the premium of $42.35 if it isn't assigned. The max loss would be if the stock dropped to in 18 days. I think the odds of RTX dropping to zero iin 18 days is less than the odds of me getting a blowjob from Gal Gadot.
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Never say never, amiright?
 
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Araysar

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
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I bet GME wont go back to $20 where it started a month ago.

Will stay considerably higher for a quite some time
 
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