Before you buy anything, make a brokerage account and read investopedia articles and/or the books in the OP list. If you don't have a broker, you can't buy stocks and if you blindly buy things without understanding how the stock market works or doing any research on the individual stocks you're buying, you will lose money and it will be entirely your fault.
On particular companies I researched well yes. On indexes in this environment no fucking way.
Daniel Kelly
The Big5Guy in the last thread is an imposter, he would never type
>r-right
Bentley Collins
You aren't Big5Guy
Jaxson Diaz
So is it time to load up on SQQQ while it's at 52wk low?
Lucas Jones
MYOS earnings on Wednesday, maybe it'll lighten my bag. I'm down about 3.5K on MYOS, and just about an even grand on QBAK right now. Troubled waters mildly related.
Hows everyone on Dude WEED. Made a quarter on profit in a week or two on cgc. Not sure with regular market volatility if its a good time to jump back in yet. Ill be under on cgc and acb but my hexo recovered faster then i could pick it back up (PDT bullshit) if the sp takes off monday ill jump back in dude weed. They arent correlated but Ive noticed if SPY starts tank8ng dude weed are the first to start dropping with it.
Noah Nguyen
got in at an OK price, holding mostly CGC, HEXO, TLRY are my top 3, with smaller amounts of the other weed stocks
Owen Long
We all buying LCI guis?
Zachary Fisher
>if SPY starts tank8ng dude weed are the first to start dropping with it.
FFFFFFUCK. Can anyone confirm?
I finally gave in and bought a good chunk of dudeweed, and some specs. God I suck at this.
John Gonzalez
lol no, scam stocks are the last to go in corrections. look at waht TSLA and TLRY do during market downturns.
Lucas Russell
yes
Connor Collins
how DARE you impugn the good standing of TLRY sir
Kayden Gomez
no
Matthew Thomas
hello anons, first time /smg/ poster here, im long on crypto obviously this is Jow Forums afterall, but i have recently started trading stock options on robinhood. ive lost some money and made some. im just wondering that since this is Jow Forums if there is any really valuable elite guide to options, like a final end game of all i would have to read.
im already using the options indicators in my screen cap. what else should i use to time entry and exit on option positions?
also, i learned about the covered call, which seems to be the main strat for consistent profits, all be it reduced due to buying a put and a call on the same asset at the same time. what other ways are there besides the covered call that i should be using to secure ez gains from these kike institutional traders im betting against?
even if the multibillion market cap company was bigger than a single building, its share structure makes it so the shares that are traded on the open market only have 1/10th the voting rights. And guess what? Only 89% of the sahre base is traded so the shares arent worth the paper they are printed on from a DCF perspective.
Options are about research, guts and figuring out why companies go up and down. For example, I made a ton of money on TSLA options because it was clear there wasn't any fundamentals backing it's sky-high price, just people thinking "oh, it's an industry disrupter, it'll change everything!!"
Mason Lewis
I got SPY 310 calls expiring on May 31st. How fucked am I /smg/? Should I be unloading these on Monday or is drumpf bluffing and we will have a trade deal soon?
Andrew Bailey
>is Trump bluffing Yes. >will we have a trade deal soon No.
Xavier Ramirez
tbf with all the bad news about Tesla's spontaneous exploding cars, self driving running over niggers, Elon being a weeb, and many other bad news articles, as well as the company generally bleeding money and no one really buying their cars, buying puts on TSLA wasnt that big brained of a move. i would have done it myself if i was trading options all those months ago. problem is ive just been in the game for a month so far.
best trade ive been in so far was a profit of $828
Dylan Martin
-90% tomorrow on those calls
Camden Lopez
Newfriend here. You guys daytrade or hodl? Not looking for a strategy. Just curious.
thats my take on it. you cant believe anything Trump says anymore. he says one thing then does the opposite. thats his track record now and anyone who isnt brainwashed by his kike propaganda can see it by simply looking at the facts.
i have SPY calls expiring in late july at $307 strike based on my TA on SPY it should hit $310 in mid to late Aug sometime.
Ian Jackson
>anymore
Carson Lewis
Buy DRYS
Josiah Rodriguez
wtf is this shit? a circle jerk where you /smg/ fags just grammar nazi each other?
Jaxson White
it's all about feeling
knowledge is OK but not essential
you have to lead the markets. you have to know bet sizing. you can't be hung up on being 'right' or 'wrong' at all
options are mechanically different from buying and selling stocks, but the things you need to outperform aren't any different, options just add some interesting time-play, and have much shorter orderbooks
nothing anyone can tell you in a post on Jow Forums will make you a good stock trader or option trader that's the truth it's about you
He's just trying to pressure them into a deal and also grandstanding to people that he's the boss of negotiations. If a deal goes through in the near future regardless of Trump's antics, he looks like a hero. If it doesn't then people will forget about it for the most part. We will be heading into elections.
First of all don’t be a nigger Learn how to joo and get rich quicker
Jose Ward
>What the fuck is this shit? Is it a circle jerk where you /smg/ faggots just Grammar Nazi each other?
Isaac Torres
answer me this tho, since its obvious that you can take small bets on options positions and turn around and 10x, 25x, 50x your position - why are there not more fags just strictly trading stock options as opposed to stocks in general?
seems like there is way more money to make on options than can be flipped on just stock trading that 1%-3% gains. nomsayin?
Owen Flores
These big sudden short-term move only bother people with options right? Are there people who freak out over something like this who are just long stocks?
Colton Johnson
>Can’t into implications
Leo Cruz
You can go into a casino and do the same 10x 25x bets
For the most ideal return % the best proven thing in the stock market is covered calls. Options carry high risk and don't give you even money or better odds.
Wyatt Reyes
well yea thats what i mean, covered calls hedging your bets so your win rate is 85% or most times much higher. since this shit is just so fucking easy why are more ppl not rich as shit off this? or did i just stumble into smart money zone with this options trading shit an just get lucky finding out about it?
Benjamin Lewis
Stocks are safer overall. If a stock goes down a bit, you just lose some money. If an option expires worthless, you lose everything you spent on it. That said, options are the key to fast income growth unless you have the balls to short.
Nathaniel Lewis
It's not 85%
Covered calls means you hold equity and sell calls. It's a slower grind.
Nolan Jones
> If an option expires worthless, you lose everything you spent on it. but come on bro, you have to LET the option expire worthless. if it goes to expiry without you selling it, youre just lazy and not paying attention. in most cases with options you dont lose the entire amount you have in the option, i mean $1 is still $1 nomsayin
John Watson
You won't make any money day trading unless it's ultra high volume. Leave that shit to the professionals and algos
Don't buy meme stocks. There's a reason everyone is shilling them and it ain't because they're outperformers. You might get lucky once or twice listening to advice on Jow Forums but it's just that - luck. Not based on research.
Think of a good company you think has potential for growth and HOLD. If you are clueless go to zacks.com and buy "Fidelity of the Day Bull" and you shall be successful. Part of it is because these people are professionals, and part of it is because it's a self-fulfilling prophecy (everyone trading in the same direction).
Don't be a retard. Once you get 5-10% ROI sell. With options aim for 40-200%+. If you have a gut feeling it might tank before you hit your target then SELL... they say don't look a gift horse in the mouth.
Jace Harris
active traders are more inclined to use options that doesn't mean they outperform stock-only or stock-heavy investors
one way to use options is speculation but there are other ways to use options as well.
if you want to go options only because you think you will make more money, no one is stopping you but lots of people walk that path and get wiped out
the real truth to growing your wealth, no matter 'mechanically' how you do it, will always be COMPOUNDING. you need to make a certain positive %, then make another positive % in the next time period, and so on. The problem with options is you are opening yourself up to losing significant amounts on a single trade: even if it's only 1% or 2%, you are still ANTI-COMPOUNDING, which is the secret to not making money
however you do it: make math and time work for you. if you fight against math and time you will lose. most people who trade options (like basically everyone) loses this way. Intelligent investors are PATIENT. they make money by having time and other people work for them. you can still use options, but be very careful not to lose your principal
Jason Cook
i was under the impression that a covered call was just like a spread:
>buy call on SPY for $295 strike >buy put on SPY for $295 strike
either way the price goes you are still ITM and OTM on one side so your profit is the difference between your avg buy in price. always still in profit.
Parker Hall
just fucking google it
Nathan Wilson
Yeah no
Brody Parker
well what is what im talking about then? what strategy is that
Cooper Kelly
GOOGLE IT RETARD FUCK OFF
Nathaniel Thomas
You shouldn't be trading options if you don't even know what a covered call is
James Green
freaked out over a tweet and a -1.5%: no worry about being long stocks if another 2008 happens, without more cash on the side to buy in: yes
it's nice to have a more stable position, but don't be caught napping. you should have a number and exit strategy for each of your positions.
Henry Rivera
someone explained to me that that is a covered call. if it isnt a covered call then what is it?
Easton Evans
Going full boomer and selling covered calls on your dividend aristocrat DRIP portfolio is comfy af.
Luke Phillips
I took too many positions to evaluate all at the open without letting a few plummet...
And it’s getting tedious using both Schwab and RH
Start setting limit sells and stop losses now?
Lincoln Brooks
DRIP is auto reinvesting dividends back into buying more of that same stock.
fyi DeFi is coming now to the point where compounding via stable coin crypto is going to out pace boomer dividend stocks, even the high yield.
>rip DRIP fags
Dylan Taylor
China Considers Cancelling Trade Talks With US This Week After Trump Threats – WSJ
Sebastian Martin
based protectionism
Tyler Allen
Fucking Google it
Ethan Torres
Covered calls are a waste of time. Just sell puts.
Sebastian Bell
so 'coverage' refers to the writer (seller) of the options contract owning the underlying asset that the call is written on. the opposite is a NAKED call (lewd), where you are selling calls on the asset without owning it
also just google it
just know where you will pull out. Let's say we have a really rough week and all the indices are down 10%. would you sell? how about 5%, or 15%? it's about not taking a ride all the way down 20%+ losses
It doesn't have to be a single number, it can be a graduated thing where you start selling some shares now, some more if it goes lower, etc. just don't wait, not have a plan, then panic sell at the bottom remember you don't want to sell low, but you don't want to be dragged down either.
you just have to make a plan so that if the market gets fucky on you, you don't panic
are they gonna talk or are they gonna walk bitch-ass chinks
nice to know that none of you even know what that strategy is even called anyways. nice to see the Jow Forums retardation coming out in your posts. you take the time to respond with just a shit post. very high IQ bro, classy even.
Just pointing out that I wished I got into it a lot sooner. Better late than never I guess. Still yeah I'm using drip.
Luis Cruz
im not talking about actually owning any of the stocks im buying options on. that would be entirely pointless bc i have no intention of exercising the option like ever.
also how would anyone in the market even know that me selling a call option that i dont actually own the stock, etc? seems like that info wouldnt be tx in the market data for the orders nomsayin?
also thanks for your post but nothing comes up in google.
