Today is not the day for fiscal responsibility. Today is the to yolo otm calls (if there are some available) and strap in.
Call in sick. Say you think you have Rona and going to get tested first thing. They are not going to say well have the meeting first.
Hey soooo....advice on sQQQ. If the Nasdaq were to drop 30% at some point,sQQQ would rise 90% am I understanding that right? So if I thought a correction we’re coming Id just buy and hold until it goes?
Hold on for the ride, she's going to be bumpy along the way. Just the way YOLO OTM Calls are supposed to be!
That is pretty much spot on. I do not believe the correlation is exact. I made a quick 60% return in March when the market dipped riding inverses. Then lost it all back waiting for Hanks's prediction to come true, 18K. Luckily when i lost that 60% back I started buying NIO and some other fast flyers to end the year up 40%. Be careful betting on the correction. It paid for me once in a big way then the second round never came and i lost all my gains back.
that was because limits hit and trades triggered. just wait for the saps who do not trade themselves to call their brokers and say buy buy buy
Bought 10 NOK $6 calls at 9:32 for $160 total. Sold half for $175 6 minutes later, now holding the remaining 5 for a while
My $2500 gambling account is up 43% today. This is a pretty standard market right? I can reasonably expect similar daily movements going forward?
Thats under Trade Options. I would do a good bit of reading on them before you mess with them, because the risk is that you lose all your money. Very basically owning a call gives you the right to buy 100 shares at the strike price. Owning a put gives you the right to sell 100 shares at the strike price.
looks like new 150 strikes going up on GME. Currently it costs $2100 for a $115 strike expiring Friday. This is madness. $2100 and you need a 30% jump in 4 days to be ITM
Come to find out, there are some non-idiots among the WSB crowd. Lots of profit taking this morning, I'm sure.