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The Stock Trading and Shitposting thread.
- Thread starter Araysar
- Start date
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 81,092
- 162,271
Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 81,092
- 162,271
Rangoth
Blackwing Lair Raider
- 1,781
- 1,895
I said I would post my trades in case people care, I know this board is big on putting money where our mouth is, etc....
Anyway two small plays now:
1.) A long on RKLB: Plan here is to sell far before expiration if I can get a small movement back up. Even a +0.20 move would be more than 10% which is fine by me. Obviously if RKLB goes in a tear at some point that would be lovely, but that's not my realistic play
2.) A spread on Netflix: This one is not profitable yet and I did pick it up yesterday(sorry not a real-time post). For those not familiar with spreads the overall risk is about 11,000$ and the maximum gain is a bit over 2k, I would close it out at 1.5k, basically looking for a 15% gain, so the sooner I can close the better. While spreads can be good if you predict the right direction of movement, I don't really like waiting until expiration to collect if at all possible, hard to complain about profit though.
Anyway two small plays now:
1.) A long on RKLB: Plan here is to sell far before expiration if I can get a small movement back up. Even a +0.20 move would be more than 10% which is fine by me. Obviously if RKLB goes in a tear at some point that would be lovely, but that's not my realistic play
2.) A spread on Netflix: This one is not profitable yet and I did pick it up yesterday(sorry not a real-time post). For those not familiar with spreads the overall risk is about 11,000$ and the maximum gain is a bit over 2k, I would close it out at 1.5k, basically looking for a 15% gain, so the sooner I can close the better. While spreads can be good if you predict the right direction of movement, I don't really like waiting until expiration to collect if at all possible, hard to complain about profit though.
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Indyocracy
Stock Pals Participant
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Foler finally got me to check out RKLB, I usually do a lot of options but I just bought 400 shares to take a ride.
Rangoth
Blackwing Lair Raider
- 1,781
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I have some shares as well, 500 @ 3.92$, so I am up 20%+ there, but that's 400$ (only 2k to get the 500 shares) so I am just letting them ride. I did not buy enough shares to ever produce anything great financially.
I would sell some risky CC on them but the volatility is extremely low so there is 0 money to be made there. If they do succeed as a company and continue rising that would be my plan with the actual shares, risky CC where even assignment locks in my 20%+ gains
I would sell some risky CC on them but the volatility is extremely low so there is 0 money to be made there. If they do succeed as a company and continue rising that would be my plan with the actual shares, risky CC where even assignment locks in my 20%+ gains
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Asshat Foler
2024 FoH Asshat
- 48,194
- 43,397
Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 81,092
- 162,271
Playing NVDA rips this morning using Bookmap
Lets you see visually see where the orders are in the order book, so you can see rough support and resistance lines on the fly. Been buying at 123.10 several times this morning since there is a big buyer sitting at 123, and riding it back up to high 123 and dumping it right before 124 (since there is a big seller sitting there)
Rinse and repeat as long as the order book doesnt change dramatically
Lets you see visually see where the orders are in the order book, so you can see rough support and resistance lines on the fly. Been buying at 123.10 several times this morning since there is a big buyer sitting at 123, and riding it back up to high 123 and dumping it right before 124 (since there is a big seller sitting there)
Rinse and repeat as long as the order book doesnt change dramatically
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Asshat Foler
2024 FoH Asshat
- 48,194
- 43,397
Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 81,092
- 162,271
Finished playing NVDA rips with Bookmap this morning, made $700+. Getting kinda frothy, waiting for it to get back down to 120-121 level
Another successful Stock pals morning.
Lets check on Trinseo and
Ossoi
YIKES
Soon their market cap will be smaller than the change jar in my kitchen
Another successful Stock pals morning.
Lets check on Trinseo and
Ossoi
YIKES
Soon their market cap will be smaller than the change jar in my kitchen
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 81,092
- 162,271
Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 81,092
- 162,271
Asshat Foler
2024 FoH Asshat
- 48,194
- 43,397
