dumped the put, lets see if i can ride the call to green.
dumped the put, lets see if i can ride the call to green.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Yeah, I did a couple SPY day puts. Not really working out so far.
So if they never get in the money I just do nothing and let them expire, right?
If you do nothing they will be $0 at end of day, correct.Originally Posted by verminaard
aaaaaand dumped, -6%. i feel like i could probably get real close to even if i wanted to but im watching the dji surge and tsla barely responding and im in a race with time decay as it is so fuck it, im lucky to escape minus 6% as it is.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Look at one day 1 minute SPY
When Sanders withdrew market seemed to love.
vol kinda left VIX too
a little certainty goes a long way.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
I am not an emotional guy but I am truly sad for our country. Not that Sanders was the answer but the stark realization that it’s Biden period
a little certainty goes a long way.
Truly disgusting.
We move on, I guess
If someone requests a mortgage forebearance for 90 days
1. Are those skipped payments due at the end of the 90 period in full?
2. Are those missed payments tacked on the end of the loan?
3. Is there gonna be another Fiscal program down the pike addressing this?
I have read both 1 & 2 are true. What is the truth Daly? Obviously, #1 is almost a certain default.
I heard if you had $5 in Calgary you could take physical delivery of a barrel.
The story is the storage problem.
I don’t gamble oil but this shit is so sick
Little digging
https://www.msn.com/en-gb/finance/ot...es/ar-BB126xLPCrude prices in key physical markets - including the United States, Canada, Mexico and Europe - have fallen through $10 a barrel, far below comparable futures prices, as demand slumps and storage fills. Those discounts could widen even further, making it possible that outright physical prices could fall below $0 per barrel.
There are going to be tariffs
In fact, in the larger Fiscal stimulus scheme to bring jobs back from China like a frigging WPA project we could go full retard with Fiscal stimulus + tariffs for manufacturing. I don’t personally ever see us making anything domestically.
Hey, gotta look a few chess moves ahead
Last edited by Sanlmar; 04-08-2020 at 09:51 AM.
01:29 PM EDT, 04/08/2020 (MT Newswires) -- Morgan Stanley (MS), Credit Suisse Group (CS), and Hong Kong's Haitong International Securities Group were among the biggest lenders in a series of margin loans to Luckin Coffee (LK) Chairman Lu Zhengyao, who defaulted on the loans after a fraud scandal sent the Chinese coffee company's stock tumbling, Bloomberg News wrote Tuesday, citing a source familiar with the matter.
Earlier this month, the coffee chain said an internal probe found that COO Jian Liu and several employees reporting to him allegedly fabricated certain sales starting in the second quarter of 2019. The fraud scandal, according to Bloomberg, has since wiped about $5.5 billion of Luckin Coffee's market value.
Goldman Sachs Group (GS) said Monday that Luckin Coffee shareholder Haode Investment, which is controlled by Lu's family trust, defaulted on a $518 million margin loan facility and that the lenders subsequently seized up to 76.4 million Luckin shares. The stakes were worth about $335 million based on Monday's closing price, but Bloomberg said the value was at over $2 billion just before the fraud was uncovered.
The source said Morgan Stanley and Credit Suisse lent approximately $100 million each, while Barclays (BCS) and Goldman Sachs had smaller exposures.
Price: 4.39, Change: 0.00, Percent Change: 0.00
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Up here in the great white north they're allowing 6 month deferrals. Tacked onto the end of the mortgage and the interest keeps gaining during the 6 months.
So what time should I expect the market to suddenly plummet so I don't lose all my $$?
The answer is “it depends”.
3 is rhetorical
My understanding is it’s either 1 or 2. Most bank websites are advertising 1 becuase they don’t want folks calling in to ask. If you call in and wait through the 4 hours and get ahold of a competent US based employee they can put you in for 1-2-3 months of forbearance where the clock still runs on the interest and they just tack the 1-2-3 payments on to the end of the loan.
If you are going to go for either plan 1 or 2 you want to make sure they don’t report it to the credit bureaus
Daly: I’d love to have 3000 gallons of 93 octane delivered to my house right now
I’ve been daydreaming about WAWA selling gift cards for gallons of fuel not price. They get revenue now during lean times and the consumer locks in price.
I need a job. Losing my mind here.
I’ll give you a COVID scam.
I have people working. Maintenance mostly. Spring clean up & painting inside. Accounts payable. Etc.
The promise is we will hit you up (pay you) when the doors open. Maybe you take comp time / vacation days in return. You collect UI now.
Obv maintenance gets hurt we got some ‘splainin to do but this confession absolves me I think.
If we going to play the daytrade game I’d feel fairly comfortable selling here at S&P 2735. You might miss out on another 25 points to the upside but that 2370 level was a firm ceiling last go around.
I was gonna sell the close but that’s so first level.
You are prolly right.
Long COVID weekend.
I’ll get my wine and holy water out and we have have a message board penance session if it makes you feel any better.
You wont come close to making the top 50% of shady schemes unlatched RE: PPP or other programs
meltup to spy 280 tomorrow followed by an absolutely heroic selloff before market close because no one point no one is going to want to let their options sit around for a 3 day weekend during a plague.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Everything about this makes so much god damn sense it will never happen
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