|
F, where are the support levels on the Dow. I need a bigger chart.
|
# ? Mar 17, 2020 15:01 |
|
|
# ? Jun 7, 2024 20:35 |
|
This is unironically great.
|
# ? Mar 17, 2020 15:02 |
|
I should have bought CZR puts on margin like I was debating. Just because it would have worked out this time though doesn't mean it was a good idea, that would have been a very bad lesson to learn.
|
# ? Mar 17, 2020 15:02 |
|
I don't mess with margins. I'm too poor to risk that poo poo.
|
# ? Mar 17, 2020 15:03 |
|
welp, dow support is 18k, back to 2015/16.
|
# ? Mar 17, 2020 15:04 |
|
NYC - De Blasio considering shelter in place order. Buy calls on sleeping bags, traders gonna hole up at the NYSE.
|
# ? Mar 17, 2020 15:06 |
|
Buying some KSS to. Also just lmao at APRN, i was watching it as a ‘maybe it pop because people eating at home’ meme play but it just drifted down with everything else so i ignored it. Suddenly up 80% like the market just now realized what they do. Ive never seen the kind of stupid lag on moves as there has been the last 2 months. greasyhands fucked around with this message at 15:15 on Mar 17, 2020 |
# ? Mar 17, 2020 15:10 |
|
kicking myself for selling my CZR $5 3/20 puts last friday (bought when they were .15). oh well. didn't want to hold over the weekend.
|
# ? Mar 17, 2020 15:15 |
|
schwein11 posted:kicking myself for selling my CZR $5 3/20 puts last friday (bought when they were .15). oh well. didn't want to hold over the weekend. Same. Wasn't worth the risk. Keep going up and down today. Gonna hold all my 4/17 put positions, have Disney, zillow, Tesla, SPY, and Wynn, and Best Buy. Down a lot on Best Buy and doen some on Disney. The loving mouse won't die.
|
# ? Mar 17, 2020 15:19 |
|
schwein11 posted:kicking myself for selling my CZR $5 3/20 puts last friday (bought when they were .15). oh well. didn't want to hold over the weekend. That did look like it had reached bottom, you are right. I probably would have sold on Friday as well and be kicking myself. (I'd actually be happy with the gains). I already know I made more with the plays I was comfortable holding over the weekend compared to having bought CZR at the same time and selling Friday so I guess I made the right move for me. Sometimes you need to look at what you almost did and see if you actually would have sold mid position. I totally would have.
|
# ? Mar 17, 2020 15:21 |
|
Is czr halted for the day?
|
# ? Mar 17, 2020 15:22 |
|
BA holy *poo poo*
|
# ? Mar 17, 2020 15:23 |
|
Bored As gently caress posted:Keep going up and down today. Gonna hold all my 4/17 put positions, have Disney, zillow, Tesla, SPY, and Wynn, and Best Buy. Down a lot on Best Buy and doen some on Disney. I bought 5/15 for DIS, my thought at the time was it might take an earnings report for the market to actually turn on them. I bought when they announced they were closing some parks because that seemed like the news that should trigger the decline, I'm fully expecting these to pay something. I'd expect 4/17 to at least break even though. I am by no means an expert at this though.
|
# ? Mar 17, 2020 15:23 |
|
Who was it with late March TSLA puts in the mid-300s? Because boy is it getting close
|
# ? Mar 17, 2020 15:23 |
|
4/20 NEVER FORGET posted:It’s so hilarious to me how companies can go from buying back millions of shares of stock to a month later “I need a bailout” It's technically more complex but practically speaking that's all that needs to be said. The same management teams, directors, and activist investors who loudly banged the drums for share buybacks so the ratios could be goosed and they all got a little richer are now crying for handouts. gently caress them. That's not how the free market works.
|
# ? Mar 17, 2020 15:23 |
|
pixaal posted:That did look like it had reached bottom, you are right. I probably would have sold on Friday as well and be kicking myself. (I'd actually be happy with the gains). I already know I made more with the plays I was comfortable holding over the weekend compared to having bought CZR at the same time and selling Friday so I guess I made the right move for me. yeah. I made a 100% return so i really shouldn't be complaining. just one of those circumstances where you intellectually know you did the prudent thing at the time but still feel the what-could-have-beens anyway.
|
# ? Mar 17, 2020 15:24 |
|
greasyhands posted:Buying some KSS to. looks like PTON is also in the same boat. sloping down, then *click* people figure out what they do and it allows people to workout at home while holed up during a virus.
|
# ? Mar 17, 2020 15:25 |
|
greasyhands posted:BA holy *poo poo* $340 a share 1 month ago. Shits crazy
|
# ? Mar 17, 2020 15:30 |
|
Who buys the CZR puts if the company goes under or almost under? Is there any liquidity on those contracts right now?
|
# ? Mar 17, 2020 15:31 |
|
So many companies down huge every day: casinos, airlines, and Boeing. I don’t buy puts bc spreads are huge and I’m like how much lower can it go. Alright, I’ll take a look at opening some put positions today.
|
# ? Mar 17, 2020 15:31 |
|
Hit Man posted:$340 a share 1 month ago. Shits crazy That's wild. How likely are the odds that they get announced as part of a bailout today?
|
# ? Mar 17, 2020 15:32 |
|
Maybe we'll finally end a day green? He says as he buys more puts.
|
# ? Mar 17, 2020 15:33 |
|
Ur Getting Fatter posted:Who buys the CZR puts if the company goes under or almost under? There might be some action on a hail mary for casinos from Congress.
|
# ? Mar 17, 2020 15:35 |
|
Ur Getting Fatter posted:Who buys the CZR puts if the company goes under or almost under? Stock is halted at 4.19 now.
|
# ? Mar 17, 2020 15:35 |
|
Ur Getting Fatter posted:I’m starting to think that getting into futures wasn’t the healthiest move for you, Josh
|
# ? Mar 17, 2020 15:36 |
|
Man I don't even know what to do anymore in this market. Everything seems crazy.
|
# ? Mar 17, 2020 15:38 |
|
FreelanceSocialist posted:Maybe we'll finally end a day green? What strikes are you looking at? Everything is so expensive.
|
# ? Mar 17, 2020 15:38 |
|
IMO we haven't seen the bottom yet, not until day to day life is completely obliterated in all of the US, and from the way this is being handled, it will.
|
# ? Mar 17, 2020 15:41 |
|
SPY $240 4/17. Expensive but still making a profit. Also eyeing BAC $19 puts for mid-April but not sure yet. I want to see what kind of bailout shenanigans the WH shits out. I am just now starting to see fed/state employees being ordered to work from home starting this coming week so we're definitely not at the bottom, yet.
|
# ? Mar 17, 2020 15:42 |
|
orange sky posted:Man I don't even know what to do anymore in this market. Everything seems crazy. dollar cost average who you think will come out all right after all this. we haven't hit the bottom, but timing the bottom is impossible. Ur Getting Fatter posted:Who buys the CZR puts if the company goes under or almost under? under and "almost under" are different situations. if they go "almost under" you're fine. your puts will automatically be sold 10 min before expiry to an entity that immediately exercises them for pennies on the dollar. if the company actually goes under, your puts are worthless.
|
# ? Mar 17, 2020 15:44 |
|
Ur Getting Fatter posted:Who buys the CZR puts if the company goes under or almost under? I would imagine it would be shareholders who were asleep at the wheel during all this and trying not to lose everything. At that point though, puts would have to be discounted a bit from their intrinsic value for them to be at all desirable. e: oh or what Myers Briggs said
|
# ? Mar 17, 2020 15:44 |
|
CLX is going nuts. Throw some CPB in there too. New market right here. Food, cleaning supplies, home service and delivery.
|
# ? Mar 17, 2020 15:46 |
|
Hit Man posted:CLX is going nuts. Throw some CPB in there too. What would comprise 'home service' stocks?
|
# ? Mar 17, 2020 15:47 |
|
Meyers-Briggs Testicle posted:if the company actually goes under, your puts are worthless. This is flat out 100% wrong
|
# ? Mar 17, 2020 15:47 |
|
Hit Man posted:CLX is going nuts. Throw some CPB in there too.
|
# ? Mar 17, 2020 15:50 |
|
How the gently caress is the thread title not "coronavirus will objectively be good news for everyone under 40" that is still the dumbest thing lmao
|
# ? Mar 17, 2020 15:50 |
|
GramCracker posted:That's wild. How likely are the odds that they get announced as part of a bailout today? Basically zero today, right? Any bailout would require an act of Congress, and so far as I know they haven't even come to terms on the inadequate baby bill that was floated last week.
|
# ? Mar 17, 2020 15:53 |
|
pmchem posted:What would comprise 'home service' stocks? Sorry, stores that deliver this to your house. KR, WMT and of course AMZN e. amazon is not AMAZ Hit Man fucked around with this message at 15:59 on Mar 17, 2020 |
# ? Mar 17, 2020 15:54 |
|
Josh Lyman posted:I was looking at 6 strike puts yesterday morning when it was trading around 6.50 and they had a pretty big spread. I wanna say they were 0.90 to 1.20. Still freefalling on my screen, showing 3.67 now.
|
# ? Mar 17, 2020 15:55 |
|
|
# ? Jun 7, 2024 20:35 |
|
Another $500 billion in Fed repos. They’re also getting into the commercial paper market. This is full on 2008 intervention. The credit markets are freezing up. Which means we have much lower to go.
|
# ? Mar 17, 2020 15:56 |