Investing General Discussion
- Thread starter Furious
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very sad I am tapped out, because I for sure would of bought more at 25. I even sold my NOK for a 10k loss because I wanted to buy the dip so bad (despite PLTR already being like my largest holding) but since my GD accounts are currently restricted, I have/had to wait for the cash to settle. le sigh
Blazin
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It represents 4,261,500 shares off by a decimal.
Hate to correct the esteemed gentlemen from NY but that it not what OI is. It is the total number of open contracts. IE 42,615 contracts are actively open. Those contracts have already been entered they do not represent what traders are looking to trade. If Open interest is climbing more money is flowing into that market if it is decreasing money is flowing out.
Tmac
Adventurer
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So, how do you read that chart on total calls and puts then?
Since I know nothing, when I see 42k calls for May at a $30 strike, my first thought is to join bc surely those people know more than me. My second thought is to cheer, bc I'm already in. They're bullish on PLTR, I alread own PLTR, why not double down and write some calls?
Sanrith Descartes
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My bad. Never worry about correcting me. Im married, I get corrected 4-5 times a day.
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Sanrith Descartes
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Something that hasnt come up today but may be driving some of the stock movements (like PLTR). Today is monthly options expiry.
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Have faith, brother. The hedgies are trying to break you, dont let them. Buy more.
HODL THE LINE!
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Blazin
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Have to be careful to not read more into it than you should. There is a buyer/seller for every contract. Now the market maker could be the bearish counter party and they are largely neutral, but you don't know that. What you should take away from it is that $30 is a pivotal level for current market participants. It is reasonable to assume that a stock will trade in the range of that significant interest. They are paying $4.00 for that contract so the break even is $34.00. So when I say trade in that range that doesn't mean exactly $30. That OI shows you the battle ground level.
I would take away from it there is strong opinion by market participants that PLTR will trade higher than $30 in May.
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Blazin
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Tmac
I just reviewed an updated option chain on PLTR for today there is major volume in both calls and puts. My personal read is that people are putting on advanced options positions to take advantage of the implied volatility which is extremely high. They are likely framing their trade with both calls and puts looking to make money from the theta decay. We haven't yet got into strangles/straddles/condors etc. and the varies ways you can combine calls and puts to define your risk.- 4
Sanrith Descartes
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Interesting observation. I have FTEC and QQQ in a watchlist. By watching the two of them I can get a feel for the big Comm Sector stocks (GOOG, FB etc). If FTEC > QQQ , FB/GOOG etc in the red. If QQQ>FTEC, FB/GOOG in the green.
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Sanrith Descartes
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I am probably going to regret letting that one go on the covered calls.
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Sanrith Descartes
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It doesnt look like we a thread for precious metals so I will ask here.
Gold.
Coins vs bullion bars.
Sovereigns by country make a difference?
Bars by different mints make a difference?
Most reputable place to buy them?
Is there an "average" markup vs the spot?
Looks like there is a markup if you go with multiple smaller gram bars vs buying full ounce bars.
Quality websites for learning more?
Gold.
Coins vs bullion bars.
Sovereigns by country make a difference?
Bars by different mints make a difference?
Most reputable place to buy them?
Is there an "average" markup vs the spot?
Looks like there is a markup if you go with multiple smaller gram bars vs buying full ounce bars.
Quality websites for learning more?
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Haus
I am Big Balls!
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I was always under the impression that the EPA forcing heavy regulation on rare earth processors is why we don't have much in domestic rare earths business. Although I definitely see the reasons to want to have independence on that front.
IIRC Morgan Stanley came out with some bullish statements on the travel industry, and a specific upgrade for $SABR. (disclosure : I own some SABR and was pleasantly surprised by a 15% uptick on Friday.)
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Fogel
Mr. Poopybutthole
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It is, but if China bans their exports than we really have no choice but to restart production
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Don't bother with "collector" coins or rare coins/bars or any of that shit unless you want to enter the world of collectors and buy/sell amongst yourselves on the private market. The big safe brokers (provident, apmex, etc) will mostly just offer a price based on the base gold value (minus their markups). As far as how much that mark up is, it fluctuates and you just have to call multiple big brokers and get quotes, sometimes splitting up your order between them based on what they offer for your pieces.
Sanrith Descartes
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The US only has one "real" rare earth dig site. It has been tried and failed twice and now MP is making a go at it. I have read lots of different issues with it that include regulation, the process isn't "green enough", that the site doesn't produce enough of the "valuable" rare earths and in general it isn't profitable (due to the factors listed). The solution may ultimately be that the gubmint decides this is a nat sec issue and subsidizes the site to some degree or another.
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Sanrith Descartes
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I wasn't looking for "collector coins" as much as just standard bullion sovereigns like the US Buffalo, the Canadian Maple Leaf or Krugerrands. I didnt see a real difference in price between those and bullion bars.