/smg/ - Stock Market General

buy colgate toothpaste industries

HMNY is fucked kiddo, you invested horribly. It's performance chart and financials don't add up to shit. You bought a flopping fish that is probably going to flop lower.

$NLST ER on tuesday. Worth a lotto ticket. They own a lot of decent patents, have a deal with Samsung. It will either recover soon or go down the shitter to delisting or BK.

they're trying to play the short squeeze

personally I don't think they're gonna get a better squeeze than the one earlier this afternoon, but the play is only like 60% retarded

Who /foreignmarkets/ here?
Strongly considering buying some foreign bonds to diversify my portfolio

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me too, not only that i have a funeral to go to.. probably just going to get a bottle of whisky on my way home and trim my weed plants the rest of the day

have a good weekend all

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look at this dumbfuck
what am i on ST?
its the fucking squeeze of a lifetime

I go into foeriegn bonds if theres extra money end of day
Im probably go into VWOB today

is that usually a good weekend play?
i normally cash out most of my shit desu

I think I'm going to start to limit my risk, from now on it's only credit spreads, selling the damn covered calls and cash secured puts. If I'm really gonna make it, I have to think like a market maker.

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Put LIVE upcoming earnings Monday

not really but I dont like holding cash and theres a chance junk bonds bounce back up

Done and done. I'll see you all in hell

Proof

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>t.small balls

One positive PR release and shorts are going to get atomically fried

Me want big Japanese bonds...

wtf is even going on right now?

i see. im gonna observe it for the time being. ive been making reliable dollas by buying calls against TLT at close(which im short on), and flipping em on the opening bell.

which reminds me...

Thats colgate is a golden bull special, youll be thanking me later

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is this a poor man's version of VC ?
I am interested in how you stumbled upon this stock

I am thinking of going long on Italy bonds since their government is falling apart and I can profit from the turnaround but I want some Japanese bonds because they are pretty much giving them away since they are still so deep in debt
It's a long play of 10+ years
If you want a short weekend play trade the USDJPY

nvm
definitely not going long bonds (atleast treasuries) over the weekend

well goodluck with THAT
and I dont know how to buy individual country bonds. theres CBON and DSUM which mooned

italy is ITLT but Im pretty sure its not on robinhood

are you the one saying JPY is toast ?
so would you go short USDJPY ?

Thanks user! While I personally you crest toothpaste, I am confident in this companies ability to fight financial cavities

that means he think the yen will grow stronger.. over the weekend

thats this mofo but i tend to agree

Hey /smg/, what are some good concrete stocks I can put my money into?

Leaving short open over weekend

This week funny week
Climbed out Tvix losses, climbed out bank error

Little lower than start of week but have shed all unprofitable stocks
So maybe see real gains next week

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lol

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its over!

>One positive PR release
thats not gonna happen
the company is fucked.

but what WILL happen is that bulls will come from far and wide to smash the shorts that are paying premium (i literally cant even imagine doing something as stupid as paying extra to short a 50cent stock)

BASED NOKIA
7/20 $7 calls still on sale

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If it not for txiv would be @ 400 T_T

The "3M" mark on chart is point rage sold tvix

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you need to listen when people say "dont do that, its retarded" "dont hold the vix, its a golden bullrun" "stop being retarded you freak"

you have to listen to these comments

I follow a lot of japs who are extremely bullish on usdjpy
If you have the funds you'd be dumb not to act on it
So i would go long because I don't want to miss out on extra profit
And I learned today the rupee is trading at like 67 and will see 70 very soon
I think they like the US pulling out of the Iran deal but their markets are looking bullish so there is some opportunities to take
Do your research

>Up 1.2% for the week instead of 4% from yesterday
Guess I wait and see monday and see if I sell or not.

According to yahoo the 15 ETFs with the most liquid options markets are SPY, EEM, QQQ, IWM, XLF, VXX, USO, GLD, EFA, XOP, EWZ, GDX, HYG, FXI, and SLV. So the new plan is to only fuck with these 15 memes. I'll do memalysis on these and just create weekly credit spreads with the goal of eventually accumulating enough cash to have 100 of each meme. Only then will I truly be able to say I have made it.

fuck
I am long JPY
How (where) do you get your insight on forex ?

Stock Name
Nokia
Type
Limit Buy
Time in Force
Good for day
Submitted
May 11, 2018

1 share at $6.38
Total
$6.38

>that spread
Hope you understand that your gains are inflated. My expo calls got my Willies all excited when I didn't realize the spread was $1 bid $5 ask lol

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Yes, you imbecile, you're looking at April Calls. No one wants those because of decay. I have July calls.

based

>baggy
>less risk
this concerns me much more than hearing you going in and out of rehab

though desu if i could short contracts, i would never go exclusively long ever again (well maybe not)

I am in a chatroom and the guru has it on watch for Monday

It's a good spiker but it may do nothing

>>that spread
kek I mean june. You need to go to July

hey thats a good day comfy
right on, bud

Binary options
I can vouch for QQQ

I mean, with companies, you can do research on their businesses
How do you do that with Forex ? you listen to the eco news and take an educated guess ?

ty user! Still down 32% this year after I bought calls on QD. Rip.
But Nokia and memes will save me

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Currently it would cost $117,958 to make it.

So is the obvious play Monday to short AMRS?

shorting AMRS is always the right play

What are you talking about? I don't touch forex...

I just said LIVE has earnings and may spike after hours Monday...

imagine having enough capital to sell covered calls on AMZN or GOOGL...
AMZN OTM weeklies call give you 1000s per contract

sorry wrong person then...

To me forex is just gambling, there is much smarter people and computers who know what they are doing

Forex trading for retail traders is just gambling imo

I bought HMNY calls -85%

Don't be st00pid, AMRS to the moon after earnings monday

.05 spread
. 41gamma

You're going to get fucked. NOK bullrun is at an end.

It's truly the most Chad way to go. And if your shit gets called away you might ask? You end up with a fuck ton of cash which you can just use to sell the god damn puts until they give you back your fucking shares. How can this shit not be profitable, when you're literally constantly collecting all of that theta decay we all have learned to hate? It's the smartest thing I've ever thought of.

yep
I don't do speculation
I have always got rekt on these shit
I only do company fundamentals now

Currently, I am getting rekt on CNYJPY short. I did the trade purely based on daily TA trend.

Forex pretty much is gambling. It's fun to play binary options, but it's manipulated as fuck.
The options spread is putrid anyway, probably will find a better opportunity next week than this.

thats not that much really.
though credit spreads are kind of weird (only done em papertrading as i dont have margins) with how they work. you get payed out immediately and it can definitely fuck with your head and make you think youre up way more than you are.

and also if youre doin it on stocks where people like to exercise, it can REALLY fuck you up. but for those expensive ones, it shouldnt be a problem i think

i agree, short contracts are tight as fuck. a trade on wall street that has a higher than 50/50 chance of being profitable. sign me the fuck up (or rather give me 10k so i can have margins back pl0x)

YES THIS GUY GETS IT
I did some long option plays and I have ALWAYS lost money on this shit
Now I am selling them and my life have never been better

im a total options junky and i would likely never go long exclusively again

but...
poorfag
so i will likely remain one

>The options spread is putrid anyway
whenever i see those i just spam walk limits at the low end till i get some

Wait for earnings on a company that you know is trash or know is great. Make that big options purchase for that one and you can easily double your portfolio in a day or two. I don't even hold stock anymore because it's too slow. Some weeks I won't even do anything with my account. My account will be pure cash, or I just dump everything in VTI until a better opportunity shows up. I have made 50% of my portfolio in two days of trading with this strategy.

>thats not that much really.
finally someone who is open-minded

whenever you say 100k to someone, he will tell you that is a lot of money...
I was a former retail business owner and 100k means shit when you are dealing with serious stuff

A shitty mom & pop shop requires several 100k... same thing for a shitty flat

Now with short options, that kind of money can generate around 1000$ PER WEEK with little risks... what is there not to like ?

you guys think if i have alright credit, and just lie, that i could convince a local credit union to give me 15-20k? ill tell em its for Jow Forumsness purposes.

thats what ive been doing. but ive also been doing more macro plays/seasonal plays with them. you just gotta go WAY out on expiry (like 200-600 days) and then you gotta hedge when it moves against you or your portfolio will be REALLY red

i mean its 10x what im working with (and like 4x what i make in a year). but youre right. if you do ANYTHING at all related to a business, that shit will go FAST

How long is long? I hold 2 - 4 month long options, but always intend to sell within the first month. I thought theta decay doesn't really hit until the final month?

Also yeah almost all my gains are exclusively from options now. I throw in my cash into stocks to hold, then take out 50% margin to play options with. It's so simple if you know what you're doing, and not doing same day/earnings plays. It's the easiest 20 - 30% ever, then you can do it again and again.

Fugg off, NOK is on a golden bull run that will go until the end of 2019

ur wrong

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hes saying "long" as in buying to open the position
>I hold 2 - 4 month long options, but always intend to sell within the first month
urdoinitright
>and not doing same day/earnings plays
im a fucking sucker for both of those tho

I guess I am bad at buying options
Maybe I should learn with a paper account

I'm not paying the outrageous prices for a $5 put or call, and definitely not gambling on $7.5 options. Comfy i'm starting to think you are losing your mind.

im actually holding off till monday to buy calls on AMRS too though. shorts always HAMMER them right before ER

>I guess I am bad at buying options
no theyre just fuckhard
they are extremely high risk, and extremely high reward.
>Maybe I should learn with a paper account
yes
i managed to piss away like 50% of my portfolio just experimenting with them at first. fucking absolute waste
its one of the reasons i always try to help noobs on options. theyre brutal

youtu.be/TkvXcPlQsjY

take notes Jow Forums

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once you make it and have 100 of the 15 etfs, you'll just generate 35 grand a year, on that 118k So every 3 years it's like you make it again and your income will double. Except you have to fucking pay taxes.

DESU I have been observing the slow decay of logic and reason in Comfys posts for the last 2 months. I am growing increasingly concerned. I think the 'fund' snapped something in his brain.

This is probably true. I'm simulating all the symptoms of early onset skitzo through severe depression and anxiety, so my trading should only get better with age.

Also should I name my youtube channel "Comfy Chan" or "Brotherhood of the Dark Shekels?"

His last couple of option plays were completely baffling. Like he is purposely throwing money away for some reason. There was no DD done on any of it.

Comfy chan for sure, depression was the first thing that came to mind Comfy.

I think I learned something when I went long on options

>always monitor these shits closely
>think of paying more as buying quality (more time, more moneyness =>help you make money)
>get a better trading platform because mine is delayed and the display is far from perfect

But that made me stick to shit I think I am good at.

think of it this way : you get an 35% ROI on a mere 100k$
this is incredible
and you are financially free
poverty level freedom but free nonetheless

Wait there's the last fucking piece! You do it in a tax free roth ira, and they don't even fucking tax you.

Go fishing by yourself. You'll come back changed or you won't come back at all.

>always monitor these shits closely
When I have high risk options on the table, from 9:30 to 4:00 I don't leave my computer, I don't eat anything, I don't watch tv. It's 100% focus.

after 15 years you make 1M per year.

Having 60% high dividend yield stocks is effective, but it damn sure looks underwhelming on the day to day.

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in 30 years, it's 64 million per year, and you can set up a trust to pass it on to your children when you die so they can be neets.

weed kills brain cells!!!

that is the wonder of capitalism my friend