krypt when you look in the mirror in 4 years and think back to the time i said you will look like papa john remember this moment cuz its iconic
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krypt when you look in the mirror in 4 years and think back to the time i said you will look like papa john remember this moment cuz its iconic
i mean it's definitely on the list of plausible hypothesis that month end rebalancing caused this (maybe not 100% of it but definitely a portion)...i dont know jack about mechanics, but it seems that if this was a rebalance all of the volume wouldn't come in the literal last minute of the trading week...i would figure if a market maker knew big money was coming in at the end of the day to do a rebalance that it would figure out a way to smooth it out...
i don't know if there was actually time for the market to respond to this...move did start at 345, but it wasn't until that last minute where we got the 100,000 contract order and 30 point increase...
im scratching my head along with you 'tine...i don't get it..
also eric trump is on twitter saying buy the dip / stick money into your 401k so he clearly knows something is coming but im going to venture a guess that the economists saying 'lol fuck that' are somehow the more informed opinions here.
excuse me? i’m listening to debussy and reading about Gaudi, as I reflect on my wonderful time in Barcelona last summer.Quote:
Originally Posted by lol wow
No excuses needed ur just legit on ur way to looking like papa John
unpopular opinion: if dominos delivered via drone 24/7 they would eclipse amazon and google's net combined.
Also I was at a chateau in the French country side in August but to each his own if you have to 2nd world slum it i get it
relax barry lyndon
So after a lifetime of research the move is Jace the Brooklyn style thin crust and I know what ur thinking but eschew the pepperoni go chicken diced tomatoes garlic for 7.99 on carryout marrone son that's living
Literally never saw Barry Lyndon papa but I heard there are candles
Sort of like the Persian wax figure ur face will become
caught an interesting thread about WhEn ThE ViX iS oVeR 40 yOu sHOuLD BUy thE DiP and a couple of comments really summed up my concerns:
Quote:
Although this virus is a geometric process, the supply chain shocks are incoming, and defaults will occur, so we have to balance the bounce against this hurricane and the fact that stocks are still grossly overvalued
Quote:
That's what they said in 2008 and the Hedgie bought the market at VIX 45 only to see it explode to the 80's..
Quote:
Originally Posted by sonatine
American Airlines flight AA198 scheduled at 6.05 PM from Jfk to Milano Malpensa has ben cancelled because crew members refused to get on board (coronavirus threat)
https://www.youtube.com/watch?v=T7_K28GZHdo
https://www.fox5ny.com/news/nyse-cou...us-contingency
monday gap up on life support.
Tine,
Something to consider....
Do you want to be the junkie or the dealer?
The consumer or the business?
The citizen or the government?
Why are you still buying and not making the market?
This sounds like the start of seminar promo lolQuote:
Originally Posted by abrown83
Quote:
Originally Posted by abrown83
one simple reason:
i dont have the technical knowledge to sell comfortably / with confidence.
its 100% that simple. i absolutely trust your wisdom on the subject and everyone else whose suggested the same. but i havent even started researching it because im only recently feeling 'done' regarding learning how to optimize my buy strat.
as i respect your experience and advice, ill start leaning into some videos on selling today; i absolutely believe its good advice. but ive had so many huge wins from volatility while scalping buys on breakouts that im extremely gunshy about taking the other side of the equation because i absolutely dont know what sort of exposure im taking on there.
but ill start backfilling my education asap because im actually at the point where there isnt a lot more research left for me to do on buying, and im very interested in getting more tools in my toolbox.
so let me see if i get this...
sell a call with .8 delta, buy 80 shares of stock:
risk of theoretically unlimited loss in scale to price rise is now covered by holdings... = 0 net profit on price surge however i win time decay against buyers purchase price.
stock trades sideways = time decay makes me money until expiration
stock falls in price = i profit off time decay and whatever percent of the buyers principle is gone when they close out or expire
how close to the mark am i here?
another piece of that puzzle is this...if stock trades sideways, time decay makes you money AND (in this environment) you make money off of selling stupidly expensive volatility as the volatility of the options craters...Quote:
Originally Posted by sonatine
also another side of this is that the stock crashes and you lose more on the shares than you take in in options premium...that's always a possibility...
I should mention about the stock crashing part...
you could/should roll your options down...
this is a VERY VERY simplified example...
lets say you sold a call at 100 and bought stock to cover the delta...as you are watching the stock starts to get bent over and goes to 80...you should be covering (meaning buying back) the 100 call, selling the 95 call, covering the 95 call, selling the 90 call and so on...so you stack your premium up to offset your long stock position going down...
ugh never mind i misread.
digesting.
Look, I don’t say a word about Druff gambling NBA either. I don’t judge.Quote:
Originally Posted by GambleBotsChafedPenis
I just suggest you look at stuff like the RSI on your underlying. I am seeing 10% out there. The SnapBack (even if it’s just technical) is gonna cause whiplash (and some fatalities).
I hope I’m fast enough that day
someone sanity check this for me;
selling puts is implicitly safer than selling calls because puts have a theoretical ceiling on loss (stock goes to zero)..
yup...Quote:
Originally Posted by sonatine
I posted a few pages back...if you are looking to get long stock now is the perfect time to do so by selling puts...
market is paying you a shitton of premium to take that risk...if you are comfortable getting long specific stocks 10-20% below the market right now selling this expensive premium into the market isn't a terrible strategy...
i remember that post but like i said, very little of the big picture for selling options has clicked for me so im backfilling. thank you.Quote:
Originally Posted by GambleBotsChafedPenisyup...Quote:
Originally Posted by sonatine
I posted a few pages back...if you are looking to get long stock now is the perfect time to do so by selling puts...
market is paying you a shitton of premium to take that risk...if you are comfortable getting long specific stocks 10-20% below the market right now selling this expensive premium into the market isn't a terrible strategy...
like basically i just didnt understand the important parts.
all good man...all this shit is a process...it's made tougher when the actors in the play are shooting themselves in the dick and behaving irrationally like they are now...Quote:
Originally Posted by sonatinei remember that post but like i said, very little of the big picture for selling options has clicked for me so im backfilling. thank you.Quote:
Originally Posted by GambleBotsChafedPenis
also i kinda feel compelled to keep scalping volatility until the market either drops through the floor properly or spy stabilizes above like 310.
good interview. had no idea peter thiel was a christian. go figure.
https://youtu.be/SO_00POR-Po
I really need Facebook. I never saw this guy Remy or this video. Srslysirius needs to lawyer up.
His first line is, “$14 trillion in debt but we ain’t got no qualms”
I’m like, fuck when was this made? $14 trillion is like a wet dream. $23.5t now.
I need to get out more.
Trump can’t pay for votes like Bloomberg ... oh, wait .... in your face dems.... middle class & another corporate tax cut for EVERYONE
HODL like a boss abrown
http://youtu.be/EoS52fVtVQM
I’ll listen later.Quote:
Originally Posted by Tellafriend
That mofo (Palantir) just took down a billion dollar gov contract. Missed the golden IPO window but he never loses somehow.
Meanwhile my defense stock triggered my sell stop. That’s un American. I loved RTN. I feel defenseless.
What’s the mortality rate for idiot longs like me?Quote:
Originally Posted by sonatine
Everyone bought into the close Friday. They must be punished. It’s the law
Quote:
Originally Posted by SanlmarWhat’s the mortality rate for idiot longs like me?Quote:
Originally Posted by sonatine
https://media3.giphy.com/media/3oEdu...4hdC/giphy.gif
im sure powell will fix everything after the march 6 contracts expire.
Now I know I’m fucked
A Morgan Stanley Manager Who Sold Before Rout Says He’s Buying
Quote:
Originally Posted by Sanlmar
in like 3 days, we dropped 10% from literally the highest the stock market has been in history and half the internet is 'buying the dip' and the other half are screaming for the fed to drop interest rates to 0.
That’s a Boolean or functionQuote:
Originally Posted by sonatineQuote:
Originally Posted by Sanlmar
in like 3 days, we dropped 10% from literally the highest the stock market has been in history and half the internet is 'buying the dip' and the other half are screaming for the fed to drop interest rates to 0.
If the Fed goes zero the casino will lose its effin mind. That’s like removing red from the roulette felt