Printable View
I loaded up on NFLX and FB puts for this week and next week. This market is so overbought that even the old tech dogs like csco are on fire. Bitcoin a bubble? I would argue that tech is the biggest bubble in history.Quote:
Originally Posted by Sanlmar
Here’s to hoping we are right again. I’m not asking for another 1600 point massacre but I’m flexibleQuote:
Originally Posted by snake_in_the_assI loaded up on NFLX and FB puts for this week and next week. This market is so overbought that even the old tech dogs like csco are on fire. Bitcoin a bubble? I would argue that tech is the biggest bubble in history.Quote:
Originally Posted by Sanlmar
The new guy Powell is on deck tomorrow. He was a Yellen clone. Yellen was talking some good smack when she left with her office supplies. Powell has never disagreed with her.
Let’s see if he has a spine or has a picture of Greenspan in his wallet. Either way it’s gonna happen.
Quote:
Originally Posted by Sanlmar
1. I just bought Hack last week. GL.
2. What is your Amazon put strike price?
3. How did you fare on the puts last week?
Daly - when is your GEO going to do something?
Quote:
Originally Posted by TellafriendQuote:
Originally Posted by Sanlmar
1. I just bought Hack last week. GL.pp
2. What is your Amazon put strike price?
3. How did you fare on the puts last week?
How’s this for a HACK?
180302P01517500
180302 = 2018,March 02 expiry
P =Put
01527500 =$1517.50
We will see
Quote:
Originally Posted by snake_in_the_ass
https://www.marketwatch.com/story/br...ion-2018-02-22
The stupid Trump corporate tax cut stimulus was completely unnecessary and I would argue counterproductive as the Fed will feel compelled to act.Quote:
Originally Posted by Tellafriend
Pain in the ass this earnings season. Everything looks rosy but it’s artificially flavored and colored to look like the real thing.
The guys here have talked about what is now described by some as overemployment.
Everything is beautiful. There ain’t an analyst out there that is negative.
I hate beautiful things.
It is doing something, going straight down.Quote:
Originally Posted by TellafriendDaly - when is your GEO going to do something?
I like the investment concept but the short term chart is a mess.
Quote:
Originally Posted by DalyIt is doing something, going straight down.Quote:
Originally Posted by TellafriendDaly - when is your GEO going to do something?
I like the investment concept but the short term chart is a mess.
Yeah I have some too. Good article recently about why it should be going up. TBD.
Quote:
Originally Posted by SanlmarThe stupid Trump corporate tax cut stimulus was completely unnecessary and I would argue counterproductive as the Fed will feel compelled to act.Quote:
Originally Posted by Tellafriend
Pain in the ass this earnings season. Everything looks rosy but it’s artificially flavored and colored to look like the real thing.
The guys here have talked about what is now described by some as overemployment.
Everything is beautiful. There ain’t an analyst out there that is negative.
I hate beautiful things.
Yeah. Really sucks for me. Look up how professionals are treated versus just about everyone else. I will see a little improvement versus the prior schedule but not much. Fun fact, apart from the big corporations guess who will benefit the most? Real estate LLCs. Fucking bullshit. I catch it from both parties. At least I get to keep my guns.
Powell performed exactly as predicted. Like he hit every point I made last night.
Dude is Yellen in a dark suit.
I see daylight.
Guys we have a fucking problem. Just dropped $500k month of Feb.
Portfolio looks like this currently:
40k SND
28k CRC
40k AOIFF
Some options on ETE.
Fuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuck. Will report back.
Quote:
Originally Posted by Pooh
ETE had strong earnings but it didn't move much.
what is the catalyst that make you think it will move enough to justify call options?
SND - idk. moves 5% daily.
are those ks -- for the thousands you infested or the number of shares you own?
When will the house be up for sale for pennies on the dollar. Interested in buying.Quote:
Originally Posted by Pooh
I have lost enough in gold stocks, oil stocks and resource stocks to know that almost all of them are garbage.Quote:
Originally Posted by Pooh
Quote:
Originally Posted by snake_in_the_assI have lost enough in gold stocks, oil stocks and resource stocks to know that almost all of them are garbage.Quote:
Originally Posted by Pooh
me too on oil. I just can't time them right.
Quote:
Originally Posted by Sanlmar
Are you holding? Suspect you did quite well yesterday. Time for a victory lap or are you going long?
If you're trying to time oil companies, you're doing it wrong. Hold the majors long term with DRP and they will return very well.Quote:
Originally Posted by TellafriendQuote:
Originally Posted by snake_in_the_ass
me too on oil. I just can't time them right.
It’s about to expire and the open interest has grown a lot since I started. They’ll expire most of it worthless cause that is the game.Quote:
Originally Posted by TellafriendQuote:
Originally Posted by Sanlmar
Are you holding? Suspect you did quite well yesterday. Time for a victory lap or are you going long?
So I got out this morning. Didn’t get the most but got $21.76
Made some money. I post this one cause it’s pure love. Priced to forward perfection without a single naysayer. I want to be on the other side. This thing can and probably will see $1400. I want to be there when it does. I’ll take the exposure when it’s safe to do so.
Thought I’d have the makings of a great brag post - not this time. We’ll keep taking shots.
... and with that Powell keeps shooting from the hip in front of the Senate. Snippets about overheated economy.
This guy is really interesting and gonna be fun to follow. He is the Donald Trump of the Fed. You don’t need a secret decoder ring to parse what he is saying like Greenspan or Yellen.
He isn’t a PhD like his predecessors
Time to catch the wave down
sweet jesus
300 points down since post. Thanks Donald
Tellafriend
Gonna see $30+++ on those puts.
Left $9k on the table. I’m the best.
It’s not too early to start drinking and watch baseball
Once in a blue moon snake is right. What a beautiful week.Quote:
Originally Posted by snake_in_the_assI loaded up on NFLX and FB puts for this week and next week. This market is so overbought that even the old tech dogs like csco are on fire. Bitcoin a bubble? I would argue that tech is the biggest bubble in history.Quote:
Originally Posted by Sanlmar
What a great week for me to invest 10k in Google and Netflix. Smh.
I am a complete moron and still caught 400 points.Quote:
Originally Posted by Sanlmar
I surely spilled a lot of chips outta my tray. I saw a $52 ask on those AMZN puts.
Snake you been white hot. GG
The ETE options are two years out. I'm assuming the narrative will change once bigly inventory draws commence in May. Time will tell what happens. Either way I'm not losing sleep over the 200 options I own. Those are share amounts. If I'm ever down to that little money then I'll probably just kill myself.Quote:
Originally Posted by TellafriendQuote:
Originally Posted by Pooh
ETE had strong earnings but it didn't move much.
what is the catalyst that make you think it will move enough to justify call options?
SND - idk. moves 5% daily.
are those ks -- for the thousands you infested or the number of shares you own?
How about this for a fucking week guys. Start the week with the broker changing my CRC margin requirements from 45 to 65% to put a dent in my surplus. Then the fucking thing tanks so bad in two trading days that it eats into my 50k house surplus to leave me with a small margin call. Then get an email Thursday morning instructing me to call the broker immediately or they'll start liquidating shit to satisfy intraday margin call. I'm like wtf just happened, it was only $1200 and they aren't emailing me over $1200. So I call and they tell me the margin requirements for the puts I had sold went from 25 to 75% leaving me with a 53k margin call that needs to be settled immediately. Not to mention the house surplus that was all but impossible to erase caused me to bounce my $4200 mortgage payment.
So I closed out the puts, surprisingly for a very small loss all things considered, and sold 10k shares AOIFF and I was out, and they let the check go through. What a fucking ordeal. Go big or go home is how I like to play and I went home this week bigfuckingly.
:lol2
Quote:
Originally Posted by PoohThe ETE options are two years out. I'm assuming the narrative will change once bigly inventory draws commence in May. Time will tell what happens. Either way I'm not losing sleep over the 200 options I own. Those are share amounts. If I'm ever down to that little money then I'll probably just kill myself.Quote:
Originally Posted by Tellafriend
You are either ballsy as fuck or rich as fuck. Either way, props.
And calls more than a year out are called leaps — which I suspect you know.
Re-bought 1000 shares of apa @ an average cost of $33.70.
I'm playing with house money on this one & I'm feelin' good about it.
Netflix doin work today. Up 5% today, and 9% in 4 trading days. Nice uptick for me.
Just for you Snake. A little stock porn that reads like a Penthouse Forum letter.
Doug Kass is one of 2 or 3 on the useless TheStreet site that I respect.
https://www.thestreet.com/story/1451...ars-later.html
I hope this fills your dark heart with hope.
thelayoff.com
https://www.thelayoff.com/allscripts...care-solutions
There once was an epic site - FuckedCompany.com It existed during the dot com craze
If you were tech this was a daily read. Just for the schadenfreude. I made many posts about my own fraudulent company.
The inside stories employees would post about wretched excess, gross stupidity and career tragedy have been unmatched since.
I just stumbled onto this site while looking at a short idea. You can get lost for hours reading the pain and stupidity posted by the lucky employees
Some the stuff posted is highly proprietary imo. Lost contract bids (sales) are huge gold.
Speaking of FuckedCompanies. Posted when it was about $100. Genuine POSQuote:
Originally Posted by SanlmarStrap a gopro camera to your head next Shoot video & explain to me why GPRO isn't just another retarded company like TWTR. Both trading on the dream that someday they will monetize social media.Quote:
Originally Posted by DJ_Chaps
When will this bubble burst?
Raging short someday.
For now all the momo stuff is running good. Ride it and don't ask why. Ain't gonna step in front of the train.
But I just don't get this gopro bullshit.
How’s it hangin Snake?
Beautiful morning. The FB news triggered my latent FANG hate so I was ready to strike.
There really feels like a pivot of regulation discussion of them - especially AMZN. I’m not a regulation guy but love the negativity
FB just fabulous. 170 is support so that’s prolly it. 8% drop.
Relentless pain since open. Not hunting any bounces. I’m done for the day. Enough is enough.
I bought a bunch of DIA Puts today. I have no other long positions right now until shit settles down. I have a feeling we are headed south alot more than we were today. Too much negative news + some support levels were broken here and there today...i see nothing real positive so far to drive this market until maybe earnings season in about a month. Dow may or may not drop tomorrow, but imo it definitely will before weeks end.
BINK!Quote:
Originally Posted by Gordman
And full disclosure: I sold the puts when the DOW was down about 575. I didnt think It would keep dropping - at least on the intraday. I could have made more if i hung on, but a win is a win. As im typing this, according to the futures, it looks like we are going to be headed down tomorrow too. I might just sit this one out or make a day trade riding the wave; we'll see how it goes at the open.
Another beautiful day on Wall Street.
CNBC looking for reasons like trade war. Clueless fucksQuote:
Originally Posted by snake_in_the_ass
AMZN taken down. My binky. First sign of strength it’ll bounce 40 too. Easy game
However, they are all broken.
Some guy was on CNBC today. Before he started he said something about the young guys talking about blockchain and unicorns in the elevator of his hotel. He said the kids know nothing including any experience with inflation. Fresh meat.
My defense DRIP RTN is bulletproof I can’t predict anything long term but the certainty of war. Thx Donald
Gordman got a triple. The third base coach should have waved him home. I woulda done the same thing though. Gord is god
One session laterQuote:
Originally Posted by Sanlmar
Amazon up 40. Easy game.