Getting lazy with stocks and options. Just keep breaking even for the most part and now losing interest. Can't day trade as it's become apparent that I usually make the wrong call on a stock, can't really risk inversing it as I'll probably do something that screws me over even though I'd have better odds compared to past performance. The ones that do make me a profit I end up selling at the point it finally breaks out...upwards (eg there's one that is now at least a dollar more than when I sold it recently). Options end up being about a 50/50 split on making the right or wrong choice (when I make the wrong choice its usually to collect an easy premium on a sell call and then the stock ends up going up fast, unsurprisingly).
Have pulled most funds out of stocks at the moment. I have far out call and put options and a few within a months or so time.
What now anons, would I just be better off waiting for when a market crash occurs and buying in then? Was really hoping I could make a decent wad a month ($1,000 not a lot but a start) to stay a neet.
increased my positions in SBUX and MO last week. going to increase my position in VZ this coming week and next week I'm thinking about adding a new position. HON, TXN, PSA, not sure yet,
>above this Need to differentiate in this way is not a sign of healthy psyche
Ethan Peterson
>you ever sold options? >doing that consistently could put the odds on your side. Selling options is a great way to make money until it very suddenly and dramatically becomes a great way to lose money.
Cameron Barnes
Have some quotes in mind?
Brody Bailey
NIO calls?
Samuel Parker
Centrism with Ayanami Characteristics is the only political ideology I subscribe to. Cappy Gains are your fren.
>Trump Like he has anything to say here. China has the power to remove him from office. All they have to do is to rattle on the whole thing a bit longer to induce a medium sell off. >We have to make Ameriga grate again Well, now that he's president everything seems to be great again after 3 years of not really doing anything. >great country >great people >great job number >great stock market >great everything He's taking credit for everything. If a selloff / recession happens during his presidency he will get credit for it - if he wants or not.
Camden Brown
He needs to announce that Modi has agreed to buy many many of our excellent LMT-made F35's, and so trump has deigned to sign an ebin trade deal with India.
Someone bet 500K on the Browns to beat the Rams so you aren't worse than that guy lul
I have a feeling like we might have a correction soon if random user opinions help.
Hunter Cox
Trump makes up shit constantly to fluff the market. I'm sure he's received a beautiful jasmine scented letter from Xi recently that he could tweet about.
Ethan Rodriguez
Todays pretty shit for me but just i'm not very mad because i could be baggie right now
Caleb Cooper
Uh, probably won't work because like some 2x leveraged funds they devalue over time because of derivatives
>30 20+30 is only 50. Even 30+30 is only 60. If rent is still a thing when you plan to retire you will get it mid 70s due to the rising life expectancy meme. Low yield will inflate your money away like nothing. You either spend it and join the paycheck to paycheck dumbfuckery like most people do or you will see your moneys go via time decay.
Gavin King
take the convertible bond bill
Easton Wood
*pill
Liam Thompson
but corporate bonds is going to be the reason for the next financial crisis user
Lincoln Stewart
why would AAPL tank? The stock is still currently undervalued for a tech stock with a Forward P/E of 17, have close to 250 billion dollars cash on hand and their services is going to start earning them more recurring money than iPhones, Computers and iPads.
They can buy Netflix and Nike outright in cash and still have $20 billion cash on hand after.
you buy calls on meme stocks not equity. I've made some money on SHOP calls, but I'm accumulating for another bet in the future so I'm not gonna fuck around for now.
Aiden Gutierrez
Merck and Square both red
FUCK WARREN
James Gomez
Despite being down about 33% on my calls, I'm still 4% up on my portfolio, so strange
Bentley Williams
Despite being up 55% on my calls, my portfolio is still up 3%. Strange.
Adam Cooper
Faraday Future is NIO story's in a few months.
Christian Torres
Its probably gonna have a shit ER though.
Jack Sanders
I bought Nio calls yesterday in anticipation for earnings, so today was nice. I'm wondering if I should sell what I have now given the drop today, or go with the initial strategy. I think earnings are going to be bad, just wondering how much further there is to drop in this thing, maybe I should take my money and run while IV is still high.
Hudson Howard
Faraday Future is a disaster Chinese EV company that had much more backing from China than NIO ever had. NIO will follow in it's big brother's footsteps.
Aaron Myers
Update on Origin House/Cresco Labs situation. Cresco's bought deal closes tomorrow, terms are $10 per share + 1/2 warrant. Total raise expected is 75m-ish. Expect bearish pressure on both until end of day tomorrow at the earliest. Cresco currently trading at 8.90. I would like to scoop a bunch of shares down at 8.50 or so but i'm not sure how much oomph the bears have left here. There are a lot of shorts who need to cover. A portion of those are likely to bail upon successful pass of the SAFE banking act in congress this week.
Not fun hold and i have been day trading against my own long to lower cost average in this headwind. Long term outlook remains good despite my hair going gray in the mean time.
Henry Robinson
remember when nio was 11 dollars
Juan Bennett
Unironically bad idea. I work in MIC and shit's fucked right now.
Guys, I have a question. Let's say I've held a security for a few days, but then I sell it at the end of the week. I see the price go down that same day and buy back in. Is that considered a day trade?
Ryder Miller
sure
Kayden Martin
Why invest in something that is going to lose half in balue of assets
David Baker
I thought you had to buy and sell a security in the same day, not sell and buy.
Isaiah Flores
Not really
Julian Stewart
Fuck, forgot pic
I did all the wrong things, buying stocks premarket, listening to /smg/, etc.
No, you're trading to add to your assets. It's still a day trade.
Henry Robinson
try jan 2021's
Alexander Martinez
Fuck
Julian Cruz
Looks like someone's RH account is locked for 90 days
Jonathan Turner
Where's that poor user that wanted to buy NKE puts? Bet he has had to change his underwear once already today
Gabriel Allen
>he thinks I use RH I have a special relationship with chuck. No, I was trying to find a way to get more trades in.
Michael Morales
Made it to the bathroom actually. Nike will still miss earnings tomorrow
Nicholas Wood
Being NEET is kinda cool. Still woke up at market open, had poptarts and chocolate milk for dinner, listened to some music on youtube, played league, now just kinda chillin'. Why didn't I do this sooner just lmfao'ing at wagies rn.
