|
Face ripping bear market rally, check.
|
#
?
Mar 13, 2020 12:54
|
|
|
|
| # ? May 17, 2024 01:27 |
|
|
Woodchip posted:Face ripping bear market rally, check. Ya not buying this. Gonna buy puts right at the open. OTM and cheap right now. My put from yesterday is useless but I also had a straddle which should be decently up still.
|
|
#
?
Mar 13, 2020 13:06
|
|
|
Man I've gotten real
|
|
#
?
Mar 13, 2020 13:07
|
|
|
That's... some rally here in the pre-market. Italy is up 15%, and we're at limit up? I didn't know there was limit up. Don't think we've actually seen it ever. At the moment Western Europe suggests we'll open up 7-9% once trading starts.
|
|
#
?
Mar 13, 2020 13:36
|
|
|
You guys enjoy...whatever the hell this is. The best part of long-term investment is not having to give a gently caress about what happens.
|
|
#
?
Mar 13, 2020 13:38
|
|
|
Really starting to regret not being able to day trade
|
|
#
?
Mar 13, 2020 13:42
|
|
|
Agronox posted:That's... some rally here in the pre-market. Italy is up 15%, and we're at limit up? I didn't know there was limit up. Don't think we've actually seen it ever. Ya never seen a limit up. I mean the pace of this sell off has been insane. Only a month ago SPY was at ath, lost almost 100 pts within a few weeks. Still think its a bear market rally though. Ulio fucked around with this message at 13:45 on Mar 13, 2020 |
|
#
?
Mar 13, 2020 13:43
|
|
|
Pollyanna posted:You guys enjoy...whatever the hell this is. The best part of long-term investment is not having to give a gently caress about what happens. And yet you can't look away, can you? 
|
|
#
?
Mar 13, 2020 13:45
|
|
|
Pollyanna posted:You guys enjoy...whatever the hell this is. The best part of long-term investment is not having to give a gently caress about what happens. I do both, I trade and invest. At times I've done better in one than the other so I still do both.
|
|
#
?
Mar 13, 2020 13:47
|
|
|
Agronox posted:And yet you can't look away, can you? That’s because I don’t have skin in the game!
|
|
#
?
Mar 13, 2020 13:51
|
|
|
Pollyanna posted:That’s because I don’t have skin in the game! 
|
|
#
?
Mar 13, 2020 13:55
|
|
|
Been waiting weeks for Disney to close parks and now this
|
|
#
?
Mar 13, 2020 14:07
|
|
|
The game isn’t fun, watching the players eat poo poo is fun!
|
|
#
?
Mar 13, 2020 14:09
|
|
|
Holy poo poo lmao
|
|
#
?
Mar 13, 2020 14:12
|
|
|
Holy poo poo did I miss the news that coke is a cure or is this just a face ripper with no real support
|
|
#
?
Mar 13, 2020 14:15
|
|
|
The best part about buying a stock that craters over 50% in a market panic is it has to double your money just to get back to where it started!
|
|
#
?
Mar 13, 2020 14:17
|
|
|
A large farva posted:Holy poo poo did I miss the news that coke is a cure or is this just a face ripper with no real support Global central banks are injecting money into their respective markets, bipartisan support of economic relief are moving the market Now that the 11 year bull run is over, guess it's time to start another one
|
|
#
?
Mar 13, 2020 14:17
|
|
|
A large farva posted:Holy poo poo did I miss the news that coke is a cure or is this just a face ripper with no real support Mostly no reason, maybe people feel "this has to be the bottom" maybe people see companies actually taking it seriously and saying oh maybe it's not so bad people are taking care of it without the government telling them they need to stop moving. There's still room to fall, this could be going back up sure, I'm willing to bet it's not the bottom because this hasn't gone away and things are going to get worse. Even if we stop spreading it right this second we don't have enough test kits, the infection rate on paper is going to skyrocket as we confirm cases. Death count will still rise and people will have nothing to do but watch the news. This isn't the end to the panic.
|
|
#
?
Mar 13, 2020 14:19
|
|
|
A large farva posted:Holy poo poo did I miss the news that coke is a cure or is this just a face ripper with no real support Inhaled liquid cocaine could be a treatment for Coronavirus because it dilates your lungs and would make it easier to breathe 
|
|
#
?
Mar 13, 2020 14:23
|
|
|
Welp, thought I was smart buying May DIS puts yesterday at the peak of the Fed pump. Was up 50% by the end of the day, then park closure news AH had me thinking sell at open today. Looking like I'll be down 50-60% at open. This market is nuts.
|
|
#
?
Mar 13, 2020 14:24
|
|
|
The multi-trillion repo operations over the next few weeks are at worst making available all bank sheet available and at best are straight up money printing. In the worst case we rally till they stop then resume crashing, in the best case SPY 40,000 by December (this will also be the price of one hamburger).
|
|
#
?
Mar 13, 2020 14:25
|
|
|
Disney basically announcing they are making no money for the next month(s). Up 10% loving unreal
|
|
#
?
Mar 13, 2020 14:26
|
|
|
I mean yeah when even BA is up you know this is some bs
|
|
#
?
Mar 13, 2020 14:29
|
|
|
Hit Man posted:Disney basically announcing they are making no money for the next month(s). Up 10% DIS puts will be on sale, worst case you wait until earnings and they are horrible and it dumps then. Assuming a rational market which this is not. But I think it's obvious enough to most investors and the general public how DIS makes money so it should be way more grounded in reality than TSLA.
|
|
#
?
Mar 13, 2020 14:30
|
|
|
pixaal posted:
A full weekend worth of bad news should be enough to get us falling again.
|
|
#
?
Mar 13, 2020 14:30
|
|
|
TSLA up big too. Their business model of “save all the deliveries until the end of the quarter and have one huge push” is gonna backfire terribly.
|
|
#
?
Mar 13, 2020 14:31
|
|
|
Does shorts covering positions (buying stocks to cover closed puts) really affect overnight trading values?
|
|
#
?
Mar 13, 2020 14:31
|
|
|
Can't buy Disney puts for some reason. It's all listed as $ .01, same with my existing put. Wtf.
|
|
#
?
Mar 13, 2020 14:34
|
|
|
Shorted a bit more ES here.
|
|
#
?
Mar 13, 2020 14:34
|
|
|
Bored As gently caress posted:Can't buy Disney puts for some reason. It's all listed as $ .01, same with my existing put. Wtf. It might be halted if it's going up too fast. Or is limit up only pre market? I guess it wouldn't halt actually, probably just a connection with your broker maybe? Mines a bit slow at the moment.
|
|
#
?
Mar 13, 2020 14:35
|
|
|
Agree with all that this is all nonsense and things still seem grim. Buying some SPY puts at 250
|
|
#
?
Mar 13, 2020 14:37
|
|
|
Bored As gently caress posted:Are you really buying DIA puts? They're loving expensive as poo poo. long Jack Daniels posted:long some $DIA, $USO and $X
|
|
#
?
Mar 13, 2020 14:39
|
|
|
Ohh man gonna buy some spy puts
|
|
#
?
Mar 13, 2020 14:40
|
|
|
Not sure what everyone's sentiment in here is towards r/wsb, but I did find this one particular post actually interesting and very plausible. Not 1000% moronic like most everything else over there. https://www.reddit.com/r/wallstreetbets/comments/fgnqbh/was_the_circuit_breaker_on_monday_an_engineered/
|
|
#
?
Mar 13, 2020 14:44
|
|
|
Ulio posted:Ya not buying this. Gonna buy puts right at the open. OTM and cheap right now. if you did this, nailed it!!
|
|
#
?
Mar 13, 2020 14:49
|
|
|
GramCracker posted:Not sure what everyone's sentiment in here is towards r/wsb, but I did find this one particular post actually interesting and very plausible. Not 1000% moronic like most everything else over there. Whenever you read about what the market makers are doing to rig things, you can pretty much discount the entire piece as bullshit. It was dumb 20 years ago when the Yahoo Finance forums were saying it and it's dumb now.
|
|
#
?
Mar 13, 2020 14:49
|
|
|
Jack Daniels posted:long How far out? Premiums are ridiculous for DIA.
|
|
#
?
Mar 13, 2020 14:50
|
|
|
Bored As gently caress posted:How far out? Premiums are ridiculous for DIA. lol Options Trading: what’s a stock
|
|
#
?
Mar 13, 2020 14:54
|
|
|
Perhaps that when DIS dropped 40% due to a pandemic, people were assuming that their theme parks would need to be closed.
|
|
#
?
Mar 13, 2020 14:54
|
|
|
|
| # ? May 17, 2024 01:27 |
|
|
^^ Yeah, I dont think it's priced in. Just bought more Disney puts from yesterday's profits. Hopefully they pan out and print money. Bought several 4/17 (at 75, 90, and 85), one 3/20 at 81. Bored As Fuck fucked around with this message at 14:58 on Mar 13, 2020 |
|
#
?
Mar 13, 2020 14:55
|
|