Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    I missed my shot.

    do u guys just sell these instead of buying? Seems safer
     
  2. ohhaithur

    ohhaithur e-Batman
    Donor

    I sell options generally but it's not 'safer' as it is uncapped risk
     
  3. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Yeah but like there’s not going to be a 10% dip in the line because a neolib wins the election.
     
  4. ohhaithur

    ohhaithur e-Batman
    Donor

    people who are paying that are banking on civil unrest or contested election
     
  5. HuskerGuy99

    HuskerGuy99 Above Average Member

    Selling options isn't a bad idea if you are actually holding the stock or if you do not mind holding the stock. There are some people that do not own stock that sold calls in the past week that are wishing they didn't.
     
  6. jcb.2

    jcb.2 Well-Known Member
    Rutgers Scarlet KnightsNew York MetsBrooklyn NetsTennessee TitansNew Jersey Devils

    I've been selling cash-secured puts since July and have been quite happy.
     
    ohhaithur likes this.
  7. southside

    southside Well-Known Member
    Donor TMB OG
    Texas LonghornsSouth Carolina GamecocksHouston AstrosDallas CowboysSeattle Kraken

    Limit up on NASDAQ futures.
     
  8. Long Ball Larry

    Donor
    Alabama Crimson TideMiami Dolphins

     
    Sportfan likes this.
  9. Sportfan

    Sportfan From Six to Dumptime

    Spiked after Arizona :pray:
     
  10. HuskerGuy99

    HuskerGuy99 Above Average Member

    Bout to blaze this joint and wait for the eventual election fuckery to drop. Limit-up + limit-down in one night?
     
    infected donkey and Sportfan like this.
  11. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan

    Holy shit we're booming today
     
    gordon bombay and Sportfan like this.
  12. Sportfan

    Sportfan From Six to Dumptime

    Really didn’t think as a basic bitch long term holder I’ve have all these five figures days but here we are lol.
     
  13. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan

    Up 35k on the day. Taking some profits
     
    letan, Sportfan and ohhaithur like this.
  14. pacey

    pacey Well-Known Member
    Donor

    All I have been hearing for the past few weeks is that the market will crash if Biden wins, especially is Republicans keep control of the Senate. Wellllll, looks like a rocket ship just took off.
     
  15. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan

    It's two fold: big stimulus will happen and International investors/businesses feel more confident about their relationship with America. If we're thinking statistics, our range of outcomes has narrowed by a standard dev or two.
     
  16. Arliden

    Arliden Well-Known Member


    If Republicans maintain control of the senate I’m not sure big stimulus happens.
     
  17. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Yeah, supposedly the hang up before the election is they didn't want to have Biden win and ride an economy bump due to a stimulus. So I dont see much being passed with Biden as President and a Rep controlled Senate. It'll be like Obama's last two years in office.
     
    gordon bombay and Arliden like this.
  18. pacey

    pacey Well-Known Member
    Donor

    I can't imagine Trump being a "good leader" if he loses. I mean he is going to be a fucktard and pout.
     
    gordon bombay likes this.
  19. bRamonceTaylor

    bRamonceTaylor Well-Known Member
    Donor

    Can we have an election every night? Jesus
     
    NothingIsOT likes this.
  20. construxboy

    construxboy xenForo is the new TMB
    Donor
    North Carolina TarheelsPenn State Nittany LionsBuffalo BillsBuffalo SabresArsenalCharlotte FC

    Erection? Already do.
     
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  21. HuskerGuy99

    HuskerGuy99 Above Average Member

    Interesting thing to note as indices are up big today. Only 80% of S&P 100 stocks are up on the day...so market is not completely in-sync with this surge. Also the Yen is still hanging around at an inflection point. So while other indicators like the VIX are down, the Yen is still showing potential signs of a drop. Treasury buying also up YUGELY. If up big today, may want to hedge a little to be safe.
     
    #21171 HuskerGuy99, Nov 4, 2020
    Last edited: Nov 4, 2020
  22. NothingIsOT

    NothingIsOT Fuller is a sarcastic asshole
    Donor
    Miami DolphinsFlorida PanthersDetroit TigersMiami Heat

    Not sure a single trading day proves or disproves your theory here.
     
  23. gordon bombay

    gordon bombay magician's alliance enthusiast
    Georgia Tech Yellow JacketsAtlanta BravesAtlanta HawksAtlanta Falcons

    Will be interesting to see what happens if Trump refuses to concede. Pretty sure he is having some form of a conference in 10min, if he goes off the rails talking fraud I could see a bad end to the day.
     
  24. HuskerGuy99

    HuskerGuy99 Above Average Member

    NIO still pumping I see. Congrats to those that held.
     
  25. burnttatertot

    burnttatertot (๏̯๏)
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    Anyone else use OpenInsider. I don't trade based on what I see but I like keeping an eye on *shitbags who dump or gobble up stock. I noticed Bezos sold 3bil worth today.



    * - Defined as anyone who has more money than I
     
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  26. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
    Staff Donor TMB OG
    Georgia BulldogsTexas RangersCharlotte HornetsCarolina PanthersGrateful DeadWu-tang

  27. RockHardJawn39

    RockHardJawn39 StEvIS_iN_cBuS/LandlordBob stalks me
    Donor
    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpool

    Oh no big deal, just selling ~$3.2 billion dollars worth of shares in 2 days.
     
    Stagger Lee likes this.
  28. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
    Staff Donor TMB OG
    Georgia BulldogsTexas RangersCharlotte HornetsCarolina PanthersGrateful DeadWu-tang

    Lyrtch or anyone else in the know -- has Biden actually stated his intent to raise the LTCG rate to 39.6%?

    If that's really the plan and the Senate goes blue, then you got to think there would be an unprecedented sell-off in the next few weeks.
     
  29. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    the odds of the senate going blue are very very low, and if they did squeak it out in these like GA runoffs that's something that would never happen because the swing vote would be Manchin
     
    Stagger Lee likes this.
  30. Ralph

    Ralph Well-Known Member
    Donor

    I bought 1 share of AMZN Tue. Wonder if I made him $3,030 richer.
     
    Fusiontegra, Sportfan and Stagger Lee like this.
  31. southside

    southside Well-Known Member
    Donor TMB OG
    Texas LonghornsSouth Carolina GamecocksHouston AstrosDallas CowboysSeattle Kraken

    I think Jeff does that every year in Q4. Funds for blue origin being part of it
     
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  32. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    so i looked it up, it'd only be taxed at that rate if you make over a million a year

    but not happening
     
  33. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
    Staff Donor TMB OG
    Georgia BulldogsTexas RangersCharlotte HornetsCarolina PanthersGrateful DeadWu-tang

    I think the markets are going to be quite tumescent for the next few weeks at the thought of a Biden presidency coupled with a GOP senate. Less chaos from the white house and no real risk of any major tax hikes
     
  34. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    the downside risk is how much does a gop senate play ball (they won't)

    so probably no stimulus coming, if we get one it'll be small, and we're just going to barrel through the winter of corona crushing everything. maybe the "markets" won't respond negatively to all that, but it'll be a human catastrophe.
     
  35. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

    The Milkman NIO is basically funding my portfolio on a daily basis at this point
     
    The Milkman and Stagger Lee like this.
  36. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan

    I sold 8 11.06.20 covered calls at $40 earlier this week. Thought there was no chance it would reach this level this fast. Guess I’ll be saying goodbye to those shares at this rate.
     
  37. momux

    momux AFAM Scholar
    Donor
    North Carolina TarheelsCarolina PanthersChelsea

    whoops - wrong thread.
     
    #21187 momux, Nov 5, 2020
    Last edited: Nov 5, 2020
    The Milkman likes this.
  38. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

    Moved to 11/20 45c this AM on dip. Lots of sideways today, need the 40 break
     
  39. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan

    Let’s get this bread
     
    Fusiontegra likes this.
  40. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

    40 wall broken.

    [​IMG]
     
  41. pacey

    pacey Well-Known Member
    Donor

    that's because I bought a 1000 shares and it popped .50 cents
     
    Fusiontegra likes this.
  42. pacey

    pacey Well-Known Member
    Donor

    Already up $700. Should just check out and call it a day. I'll take 700 in 10 minutes
     
    Fusiontegra likes this.
  43. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

    If DAL weren’t actively raping my puts, I’d be up pretty majorly today. I’m still up a considerable amount but it would be better.
     
  44. elfrid

    elfrid atom bombs are fake
    Miami HurricanesOrlando MagicTampa Bay BuccaneersArsenalOrlando CityUnited States Men's National Soccer Team

    back in july, i bought 30 7/6 $9 calls of nio at $0.65 back when all the ev stocks were on fire and it boomed to $14. my plan when i bought them was keeping them and letting them expire.

    instead, i sold all of them when it fell 20% in 30 minutes at $12 (thought the bubble had popped) only for it to bounce back and close at $13 that day and finished the week at $14

    i’ve had nightmares about that stock ever since
     
    RockHardEnis39 and Fusiontegra like this.
  45. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

    Some people are calling it the Asian Tesla.

    (that’s not true, I’m just fucking with you)
     
    elfrid likes this.
  46. pacey

    pacey Well-Known Member
    Donor

    Lets get to 400 then.
     
    elfrid likes this.
  47. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

     
    elfrid likes this.
  48. pacey

    pacey Well-Known Member
    Donor

    Taking that split into account Tesla was at ~63 last year on the 5th. Today 432. I'm not greedy, I'll settle for 400 flat.
     
    Fusiontegra likes this.
  49. pacey

    pacey Well-Known Member
    Donor

    On a serious note, with this run there has to be a profit taking day and we pull back. The punch bowl has to be near empty at this party.
    *The market not NIO.
     
  50. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan

    Took profit yesterday of about 20k on JD 1.15.21 & JD 11.20.20 and NIO 1.15.21, this shit is still rolling though. Should probably take some more before the bottom falls out. This market is fake as hell

    upload_2020-11-5_13-57-48.png