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Josh Lyman posted:So... buy Logitech for the webcams? The most expensive thing is that chair they all use that looks a bit like an aeron with LEDs. They also generally talk up their mouse and make sure the razor logo shows. They never show their webcam no idea what they use, and most viewers yell at a streamer that their $10 walmart mic sounds fine when they try and talk up the nice $200-500 mic they are using. (Seriously buy a nice mic in the $50-60 range it will last you for 20-30 years, same with good headphones, don't buy a headset the mic being movable like that is a recipe for the thing failing in under 4 years). I thought I was replying to a post in the general covid thread for some reason, not sure I'd actually go long on anything I mentioned, but that's what would be in view and being advertised by a streamer. Though I have seen some people chill all sorts of stuff from sponsors.
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Mar 18, 2020 20:20
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0dte spy calls on friday in the final hour of trading. I love it
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Mar 18, 2020 20:23
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pmchem posted:reddit is claiming there will be a huge short squeeze Friday before close with 211m shares of SPY having to be purchased due to expiring options, and SPY going to the moon as a result. No idea, but I was willing to gamble a bit on them being right. Worst case I’m out 108 bucks.
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Mar 18, 2020 20:24
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pmchem posted:reddit is claiming there will be a huge short squeeze Friday before close with 211m shares of SPY having to be purchased due to expiring options, and SPY going to the moon as a result. I'd imagine HFTs would be providing enough liquidity to keep SPY tracking its underlying assets. Someone is gonna make a lot of money (and it won't be day traders).
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Mar 18, 2020 20:24
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playing an overnight bounce w spxl, will sell at open.
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Mar 18, 2020 20:25
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listening to the Bill Ackman 'rant' right now, he seems remarkably lucid
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Mar 18, 2020 20:28
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pmchem posted:reddit is claiming there will be a huge short squeeze Friday before close with 211m shares of SPY having to be purchased due to expiring options, and SPY going to the moon as a result. Friday Mar 13 was because of Trump's press conference. The other 3 may be legit but only represent ~2% moves in SPY.
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Mar 18, 2020 20:28
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ketchup vs catsup posted:listening to the Bill Ackman 'rant' right now, he seems remarkably lucid CNBC anchors got phone calls during Ackman's call saying "get him off he's talking down the market!"
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Mar 18, 2020 20:31
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ketchup vs catsup posted:listening to the Bill Ackman 'rant' right now, he seems remarkably lucid Yeah - this doesn't strike me as a breakdown. This is frustration at the madness he sees unfolding.
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Mar 18, 2020 20:31
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I do think we are in for a bear market bounce, with option expiry we will see some weird movements for sure. I really hope we have another overnight limit down I think it will make for a perfect condition for a rally into friday.
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Mar 18, 2020 20:32
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The big take I got from Altman's interview is that we're not near an equities bottom yet. Back in 2008-2009 the buzz was around "capital preservation", getting into things that would keep your little pile from getting smaller, not aggressively looking for things not likely to pay off for several months or years. There was very little talk about 3 to 5 year time horizon investing. Until people I see on these shows talk about preservation and not aggressive investment, we still have further to fall.
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Mar 18, 2020 20:34
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Ulio posted:I do think we are in for a bear market bounce, with option expiry we will see some weird movements for sure.
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Mar 18, 2020 20:34
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The vote on the first stimulus bill is happening right now if you care to watch. It's not the helicopter money one yet, so it might not cause that big of a reaction, but who knows!
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Mar 18, 2020 20:34
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friday was up, monday was down, yesterday was up, today is down, tomorrow ??? but everyone's pattern finding brains (including mine) are saying green tomorrow - it really depends on what news rather than the end of period washup which happens every day/week/month
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Mar 18, 2020 20:35
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Ur Getting Fatter posted:Closed my PENN position too as it's been stuck for a bit and I'm kind of scared of the dead cat bounce after what Lote said, although honestly it could very well tank even further. The intraday bounce with $RRR was so big that I just shorted more. I covered around $3 and shorted more around $4
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Mar 18, 2020 20:36
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ketchup vs catsup posted:listening to the Bill Ackman 'rant' right now, he seems remarkably lucid Have you gotten to the second half where his voice starts to break as he talks about saving his father's life by staying in? I'm not calling it a breakdown, but it is a surprisingly emotional call for business TV.
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Mar 18, 2020 20:36
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Josh Lyman posted:Yeah I'm looking to buy calls for Monday expiration just bc Friday afternoon is gonna be weird. Buy a strangle, they've been pretty drat profitable during this when I don't have a good guess on which direction it will go but I know for drat sure it's not staying here. (It's not staying here).
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Mar 18, 2020 20:37
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doingitwrong posted:Have you gotten to the second half where his voice starts to break as he talks about saving his father's life by staying in? I'm not calling it a breakdown, but it is a surprisingly emotional call for business TV. I got to that part a couple minutes after posting, and yeah I can see a billionaire saying this stuff in TV tanking the Number a bit more.
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Mar 18, 2020 20:38
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Tokyo Sex Whale posted:WTF is up with DFS? I mean I know consumer credit is not going to perform great here but is there some sort of underlying issue with how they fund themselves or something? Down almost 2/3 in 3 weeks. DFS is heavily heavily exposed to subprime consumer revolving debt, a bunch of which may charge off. They also appear to be heavily reliant upon higher cost brokered funding sources than other Banks. 85% of revenue was from interest income.
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Mar 18, 2020 20:43
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First coronavirus bill is about to pass the senate.
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Mar 18, 2020 20:43
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ketchup vs catsup posted:listening to the Bill Ackman 'rant' right now, he seems remarkably lucid A shutdown wouldn't eliminate the virus, and it would still get here from abroad once the quarantine ended. Imagine the panic of a 30-day national shutdown, let alone one that didn't work. Capitalism won't shut down if the alternative is to tell the vulnerable members of society to lay low for three months. The machine will inevitably grind on even if 1% die from it. It goes without saying that this is awful any way you slice it.
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Mar 18, 2020 20:43
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TLT is slowly dropping, in the 140s now. Hope you all re-fi'd last week.
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Mar 18, 2020 20:44
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All my puts expire 4/17 or later. I'm sticking it out. Getting greedy, but I still think we've got a long way to go on Tesla, Wynn, Disney, PENN, CACC, and Zillow.
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Mar 18, 2020 20:46
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Holy poo poo BMRA Oh to be an insider trader fly on that boardroom wall
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Mar 18, 2020 20:49
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Woodchip posted:TLT is slowly dropping, in the 140s now. Hope you all re-fi'd last week. Only benefit I'm seeing in all of this, I helped my mom get hers refinanced last week.
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Mar 18, 2020 20:52
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Bought SPXL stock and SPY calls at the bottom of the knife, gonna try and follow the trend of green days following red days (and assuming we need some green to deal with the 1.4 trillion in SPX shorts expiring this week)
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Mar 18, 2020 20:52
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https://pbs.twimg.com/media/ETaOGqVXQAEITpJ?format=png&name=small The panic is real boys, I am gonna keep playing near term short on options and long term long stock.
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Mar 18, 2020 20:53
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lol @: JNUG = -53% JDST = +19% 3x ETF opposite pairs working like a charm 
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Mar 18, 2020 20:56
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Shorting TLT and VXX.
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Mar 18, 2020 20:57
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Bored As gently caress posted:All my puts expire 4/17 or later. I'm sticking it out. Getting greedy, but I still think we've got a long way to go on Tesla, Wynn, Disney, PENN, CACC, and Zillow. I got a pretty good price on my SPY 250 calls expiring Monday at 3:48pm, they're up nicely.
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Mar 18, 2020 21:01
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Is there an inverse UVXY? e: duh, SVXY
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Mar 18, 2020 21:02
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resident posted:I'd imagine HFTs would be providing enough liquidity to keep SPY tracking its underlying assets. Someone is gonna make a lot of money (and it won't be day traders). Jack Daniels posted:lol @:
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Mar 18, 2020 21:03
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unless futures weren't tracking the index, I didn't look at the index
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Mar 18, 2020 21:04
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lol what the gently caress? Yesterday, I had written some 2400 ES puts expiring today... and they expired worthless! Saved in the last two minutes of trading.
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Mar 18, 2020 21:04
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Woodchip posted:Is there an inverse UVXY? SVXY, but its not double like UVXY also watch out because there used to be SVXY and XIV, but XIV blew up and was cancelled (any shares worth ZERO)... it was pretty wild lol
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Mar 18, 2020 21:06
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I expect a slow bleed down for casino stocks from here on out with dead cat bounces all the way down. Once the biggest casino operator or regional casino operators start declaring bankruptcy in mid to late May/June/July, then the rest of the casino stocks will get swept up and start trading below $1. The first one to go will be $RRR, $CZR, or $PENN, likely in that order. $RRR has the most debt and is a purely regional casino operator and doesn't have as big of a credit line and is a small fish. $CZR has more wiggle room but much more debt. $PENN has less debt but more national exposure.
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Mar 18, 2020 21:06
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pmchem posted:The Dystopian ETF now includes: GFSZS, SCTBF
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Mar 18, 2020 21:06
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Woodchip posted:Is there an inverse UVXY? ok now go look at the SVXY chart back in FEB 2018... not very long ago. thats when XIV imploded and all shares cancelled/zero'd.
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Mar 18, 2020 21:08
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Josh Lyman posted:Yeah I bought my MAR puts at 1pm and they're down 24% but they're 4/17 expiration and just lol if you don't think the hotels are going down from here. Tomorrow might have been a better day to get in but I said that about CZR and never got in. Airliners/Hotels options historically have very low ivs, even now for their current climate they are not that volatile.
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Mar 18, 2020 21:08
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Ulio posted:Airliners/Hotels options historically have very low ivs, even now for their current climate they are not that volatile.
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Mar 18, 2020 21:10
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