|
spb posted:The problem with Tesla is everyone is trying to short it. To do that, they have to buy shares and lend them out. That's not how it works.
|
#
?
Jul 13, 2020 18:05
|
|
|
|
| # ? Apr 26, 2024 23:22 |
|
|
*rubs hands looking at toppy-rear end candle* let’s see how it close tho...
|
|
#
?
Jul 13, 2020 18:09
|
|
|
AHH F/UGH posted:Protection from freak of nature events (i.e. it's discovered that Teslas give you cancer), and the collateral you need for straight puts is way higher than a spread where you just need enough to cover the difference in price for 100 shares of two very close strikes, minus the premium you collected Probably a good deal of the counterparties to our positions are buying those crazy puts from us for the flip reason though, protecting their long positions from freak events. I'm actually kinda eyeballing the augusts now, they are selling for $35.
|
|
#
?
Jul 13, 2020 18:15
|
|
|
spb posted:The problem with Tesla is everyone is trying to short it. To do that, they have to buy shares and lend them out.  Baddog posted:Probably a good deal of the counterparties to our positions are buying those crazy puts from us for the flip reason though, protecting their long positions from freak events. It's possible but they're also getting paid from those thousands of freaks who are buying stuff like $3000 7/17 calls for pennies for no reason. The fringe gambling idiots pay the call holders, and the call holders pay us to insure their position. We're basically like bookies. AHH F/UGH fucked around with this message at 18:30 on Jul 13, 2020 |
|
#
?
Jul 13, 2020 18:24
|
|
|
AHH F/UGH posted:
I'm in for an aug 1000, sold for 35.5 - nekkid Lets go Tesla, at least dont crash toooo much.
|
|
#
?
Jul 13, 2020 18:40
|
|
|
It’s me I’m the fringe gambler idiot buying things that won’t happen for pennies.
|
|
#
?
Jul 13, 2020 18:41
|
|
|
drunken officeparty posted:It’s me I’m the fringe gambler idiot buying things that won’t happen for pennies. Cheaper than powerball tickets and probably more likely to be worth something at some point.
|
|
#
?
Jul 13, 2020 18:43
|
|
|
TSLA red now lol
|
|
#
?
Jul 13, 2020 19:11
|
|
|
TSLA lost two Nissan's worth of market cap in 15 minutes
|
|
#
?
Jul 13, 2020 19:21
|
|
|
Aaand gained most of it back. Jfc this market 
|
|
#
?
Jul 13, 2020 19:25
|
|
|
MomJeans420 posted:TSLA lost two Nissan's worth of market cap in 15 minutes My actual nissan is worth maybe 1.5 shares of tesla
|
|
#
?
Jul 13, 2020 19:26
|
|
|
hell of a chart: https://twitter.com/ZeContrarian7/status/1282747549472956423?s=20
|
|
#
?
Jul 13, 2020 19:46
|
|
|
Jack Daniels posted:TSLA red now lol You still in the puts or did you sell during the drop?
|
|
#
?
Jul 13, 2020 19:54
|
|
|
This is so epic. I hope my portfolio isn't dragged down too far when QQQ falls 30%. I guess it's more likely that central banks will continue propping up asset prices though. Edit: https://www.youtube.com/watch?v=3B1IQYD4Uew
|
|
#
?
Jul 13, 2020 20:04
|
|
|
skipdogg posted:You still in the puts or did you sell during the drop? no i’m swing short equity will add at EOD today assuming nice weak candle that looks to be coming here
|
|
#
?
Jul 13, 2020 20:06
|
|
|
feeling fine with both TSLA and Nasdaq swing shorts but gently caress too early entry by 2-3 days for sure :-/ today TSLA short entry looks epic imo but earnings coming 7/22 so that’s not cool
|
|
#
?
Jul 13, 2020 20:09
|
|
|
FreelanceSocialist posted:Aaand gained most of it back. Jfc this market https://twitter.com/BrynneKKelly/status/1282748676696399872?s=20
|
|
#
?
Jul 13, 2020 20:21
|
|
|
 what is even going on
|
|
#
?
Jul 13, 2020 20:32
|
|
|
So those SPY puts that I complained about? I sold this morning at a 50% loss. They are now up like a billion percents. I am not pleased.
|
|
#
?
Jul 13, 2020 20:35
|
|
|
Haha gently caress I finally made the mistake of buying options when I meant to sell them. Had been eyeing this position and messing with the order, cancelled it and then came back and was like screw it lets do it, and clicked on the ask instead of the bid in powertrade.
|
|
#
?
Jul 13, 2020 20:35
|
|
|
I sold OTM SPY and AMD calls this morning, ended up buying them back a few minutes ago to just close them out for a profit early. Shrug.
|
|
#
?
Jul 13, 2020 20:37
|
|
|
California just shut down indoor retail and food operations, maybe that’s it
|
|
#
?
Jul 13, 2020 20:38
|
|
|
https://twitter.com/felixsalmon/status/1282758758159048704
|
|
#
?
Jul 13, 2020 20:41
|
|
|
Grocery money for the week generated in 1 minute and 50 seconds. Neat lol.
|
|
#
?
Jul 13, 2020 20:43
|
|
|
some TSLA traders gonna get margin called https://twitter.com/OptionRunners/status/1282763232499978241?s=20
|
|
#
?
Jul 13, 2020 20:47
|
|
|
Sold 100 shares of DIS premarket when it hit 120, feelin pretty good
|
|
#
?
Jul 13, 2020 20:48
|
|
|
A 500 point swing for the /NQ. Incredible.
|
|
#
?
Jul 13, 2020 20:52
|
|
|
Now THAT is a slow motion rug pull right there. Wild how it seems like everyone in the tech sector was taking profits at exactly the same time. My $55/$56 AMD Call Credit Spread is somehow profitable though? I guess the value of the put I bought has outsold the value of the put I sold, weird. I need NIO to get back over $15 to collect the premium. I guess we'll just see what happens tomorrow.
|
|
#
?
Jul 13, 2020 21:19
|
|
|
Whew. A few of mine cashed today. Sold TSLA and MRNA Augusts, and not feeling great about them all of a sudden hah.
|
|
#
?
Jul 13, 2020 21:24
|
|
|
What a whipsaw.
|
|
#
?
Jul 13, 2020 21:27
|
|
|
I bought the QQQ dip but the dip kept dipping. 
|
|
#
?
Jul 13, 2020 21:35
|
|
|
The alarms that go off on the internet when things drop by 1-3% are crazy and it’s a sign that everyone is actually expecting a crash soon to me which is why I go long on dividend stocks and mostly cash.
|
|
#
?
Jul 13, 2020 21:58
|
|
|
What's that thing they always say about dips?
|
|
#
?
Jul 13, 2020 23:18
|
|
|
https://www.youtube.com/watch?v=JjJ90jhS84A
|
|
#
?
Jul 13, 2020 23:22
|
|
|
AHH F/UGH posted:What's that thing they always say about dips? up the stairs and down out the window
|
|
#
?
Jul 13, 2020 23:27
|
|
|
Wise traders only walk up stairs when there’s a fire escape out the window to land on.
|
|
#
?
Jul 13, 2020 23:51
|
|
|
I posted a while ago in thread wondering if BRK was undervalued. This guy on twitter just did a huge writeup on it, saying, yes it is, by perhaps around 40%. Good analysis inside. https://twitter.com/borrowed_ideas/status/1282832038920413190?s=20
|
|
#
?
Jul 14, 2020 01:30
|
|
|
pmchem posted:I posted a while ago in thread wondering if BRK was undervalued. This guy on twitter just did a huge writeup on it, saying, yes it is, by perhaps around 40%. Good analysis inside. Ok ok, I guess I'll hold onto mine a bit longer. Everyone seems to be counting on a 20% drop when he dies, but it does seem to already be priced in (and more).
|
|
#
?
Jul 14, 2020 03:04
|
|
|
 Our apologies for the technical difficulties. We now return you to our originally scheduled program.
|
|
#
?
Jul 14, 2020 03:27
|
|
|
|
| # ? Apr 26, 2024 23:22 |
|
|
The Butcher posted:
that's good because I can't be losing $70 on a loving Zynga call or I wouldn't be able to live with myself
|
|
#
?
Jul 14, 2020 04:54
|
|