|
pmchem posted:Is there a good website to see all currently existing limit orders (buy and sell) for SPY? Or at least the vast majority of them? Are limit orders reported to exchanges or do they live only within the broker until activated?
|
#
?
Apr 8, 2020 02:09
|
|
|
|
| # ? Jun 8, 2024 07:45 |
|
|
Welp: https://twitter.com/aravosis/status/1247638685652262912 On April 1st they ordered all beauty parlors, clubhouses, nightclubs, karaoke rooms and mahjong centers closed again, now CNN broadcast is saying this second wave is turning out to be worse.
|
|
#
?
Apr 8, 2020 02:14
|
|
|
enraged_camel posted:Welp: Short $wynn
|
|
#
?
Apr 8, 2020 02:17
|
|
|
java posted:How are folks thinking through the companies that may have a more V-shaped bounce back than others? I'm personally half-tempted to load up on DAL, on the premise that business travel will pick back up faster than other stocks that are more dependent on middle-class/disposable income consumer spending (thinking here about SBUX for example). They gave everyone who earned status in 2019 for 2020 their same status for 2021 and will roll all the segments earned in 2020 to 2021. Apparently that’s what they did in the Great Recession. They seem to be projecting some very bloody trends in business travel.
|
|
#
?
Apr 8, 2020 02:17
|
|
|
LLCoolJD posted:https://markets.businessinsider.com/news/stocks/delta-stock-plunges-warren-buffett-berkshire-hathaway-slash-stake-airlines-2020-4-1029068065 I still agree with the post earlier in this thread that the motivation might be to get under the reporting threshold per section 16a of the 1934 act. tl;dr being that if you own less than 10% of a company, you ain't gotta tell people poo poo about the poo poo you do.
|
|
#
?
Apr 8, 2020 02:18
|
|
|
Long MRK? This has been discussed in a few places but is gaining momentum: https://twitter.com/cobbo3/status/1245705070462763008?s=20 also https://www.nytimes.com/2020/04/03/health/coronavirus-bcg-vaccine.html Merck is the only domestic supplier in the US (see table 1): https://www.sciencedirect.com/science/article/pii/S0264410X17317486?via%3Dihub YTD, Merck is basically dead even with Pfizer and trails JNJ. It's unclear to me if mass producing this for the American market would be a huge revenue bump for them, but, they'd get a temporary bump from the press at least.
|
|
#
?
Apr 8, 2020 02:25
|
|
|
https://twitter.com/firstsquawk/status/1247695549324640258?s=21 Uhhh what?
|
|
#
?
Apr 8, 2020 02:26
|
|
|
greasyhands posted:Buying a little trade long on LK you still in this??? T1 halt nasty.... glg
|
|
#
?
Apr 8, 2020 02:31
|
|
|
The sand is a bad place to put your head because it simply does not protect you from The Virus.
|
|
#
?
Apr 8, 2020 02:37
|
|
|
WSB is private again 
|
|
#
?
Apr 8, 2020 02:53
|
|
|
Inner Light posted:WSB is private again quote:WSB has gone private once again, this time after the ousting of its founder, Jartek. This has all been publicly known for a while so I'm not that surprised, lots of fun drama in /r/wsb and the various discords tho.
|
|
#
?
Apr 8, 2020 03:03
|
|
|
java posted:I'm personally half-tempted to load up on DAL, on the premise that business travel will pick back up faster than other stocks. There are people I work with who use business travel to get away from their families or because they like the road warrior street cred/schmoozing. They will certainly be back on the road as soon as possible. But, I think there are a fair number of business travelers who don't especially enjoy it and the combination of people becoming more open to remote/video and a general change in attitudes will produce a permanent reduction in travel. A lot of industries are kind of ossified and forcing people to figure out remote (especially older people) will go a long way to maintaining that option going forward. The amount of carbon I have pumped into the atmosphere solely so that I could physically sit in a room and more or less say nothing is embarrassing. But the culture/infrastructure was not in place to justify not making a purely symbolic personal appearance.
|
|
#
?
Apr 8, 2020 03:05
|
|
|
Rime posted:This has all been publicly known for a while so I'm not that surprised, lots of fun drama in /r/wsb and the various discords tho. Pff. Coups. Let me tell ya those are a sucker's game!
|
|
#
?
Apr 8, 2020 03:13
|
|
|
Rime posted:There's a reason all the options trading videos and advice website talk about a few hundred dollars in and 2% profits. Not with the VIX above 40, there’s plenty of money to be made on options right now, both buying and selling them, and multi-leg strategies. Plenty of risk as well, but that’s how it goes. People consistently grind out 20 handles on ES for a thousand bucks a day. There’s plenty of money to be made trading shares right now too if options aren’t your thing. Timing isn’t at critical for those. Use whatever products and leverage you feel safe with. But yes, with VIX under 20, you won’t get many 200% opportunities. Right now there are several in a day, sometimes in both directions. Take advantage of the volatility while you can, pretty soon it’ll be boring again. pmchem posted:Is there a good website to see all currently existing limit orders (buy and sell) for SPY? Or at least the vast majority of them? You’re looking for depth of market. You can see this in thinkorswim, go on the website into the subscriptions area and enable NASDAQ Level 2 data. Then in the client you can see orders in the depth tab. Order amounts at different levels don’t really tell you all that much, it’s the order flow that matters. Pivotal Lever fucked around with this message at 03:39 on Apr 8, 2020 |
|
#
?
Apr 8, 2020 03:30
|
|
|
Jack Daniels posted:you still in this??? T1 halt nasty.... glg Nah i got in and out same day lost about 20%, was a tiny trade i have no idea why i did it
|
|
#
?
Apr 8, 2020 03:44
|
|
|
https://twitter.com/adam_tooze/status/1247693068540747778
|
|
#
?
Apr 8, 2020 03:45
|
|
|
Lote posted:Short $wynn I literally just liquidated my (April; still holding the June) position at a massive loss today But yeah, I'll probably buy back in
|
|
#
?
Apr 8, 2020 03:47
|
|
|
https://twitter.com/lisaabramowicz1/status/1247715515205857280
|
|
#
?
Apr 8, 2020 03:50
|
|
|
Pivotal Lever posted:Not with the VIX above 40, there’s plenty of money to be made on options right now, both buying and selling them, and multi-leg strategies. Plenty of risk as well, but that’s how it goes. People consistently grind out 20 handles on ES for a thousand bucks a day. There’s plenty of money to be made trading shares right now too if options aren’t your thing. Timing isn’t at critical for those. Use whatever products and leverage you feel safe with. Digging in more here... isn't VIX at 40 meaning IV is already high and will trend downwards, which hurts option pricing? Why is it preferable to buy to open @ 40 vs. 20?
|
|
#
?
Apr 8, 2020 03:53
|
|
|
Inner Light posted:Digging in more here... isn't VIX at 40 meaning IV is already high and will trend downwards, which hurts option pricing? Why is it preferable to buy to open @ 40 vs. 20? The trending downwards part isn't guaranteed. The idea is that with elevated volatility, there will be more and stronger swings in either direction, giving the potential for larger gains (or losses) on a single trade.
|
|
#
?
Apr 8, 2020 03:55
|
|
|
Wow, some really bad news the last page or two. Wonder what’s going on in futures.  Anti-mattering field still going strong. Edit: To make a non-snarky point, the timeline I’m seeing is bankruptcy activity looks like it will be late June, early July. This could move up if more businesses start holding off payment to all non-critical vendors. Omerta fucked around with this message at 04:05 on Apr 8, 2020 |
|
#
?
Apr 8, 2020 03:57
|
|
|
So the question becomes if we believe there is bad news in the future but options are too expensive/have terrible IV and shorting isn't possible, how does one invest in number go down? Edit: for what its worth I work in energy and local energy loads are generally stable. Industrial is flat, residential is slightly up, and commercial is steeply down.
|
|
#
?
Apr 8, 2020 04:32
|
|
|
Oscar Wild posted:So the question becomes if we believe there is bad news in the future but options are too expensive/have terrible IV and shorting isn't possible, how does one invest in number go down?
|
|
#
?
Apr 8, 2020 04:37
|
|
|
Josh Lyman posted:You can buy inverse ETFs. Depending on your intended holding period, you could consider leveraged inverse ETFs since there tend to be more of them, but there are a number of -1x ETFs as well. I just dont want to worry about decay. I should just sack up and go with the inverse etf. You're right. I'm whining.
|
|
#
?
Apr 8, 2020 04:42
|
|
|
Killing stock buybacks would be such a good thing for long-term stock buyers holy poo poo.
|
|
#
?
Apr 8, 2020 04:43
|
|
|
I dont understand. Why would buybacks drop if the stock price as fallen more than 20%? Surely the underlying fundamentals haven't changed...
|
|
#
?
Apr 8, 2020 04:45
|
|
|
Oscar Wild posted:I just dont want to worry about decay. I should just sack up and go with the inverse etf. You're right. I'm whining.  https://www.investopedia.com/articles/investing/092815/risks-investing-inverse-etfs.asp
|
|
#
?
Apr 8, 2020 04:56
|
|
|
Oscar Wild posted:I dont understand. Why would buybacks drop if the stock price as fallen more than 20%? Surely the underlying fundamentals haven't changed... Why would you think the underlying fundamentals haven't changed, as we plunge into a recession with the OECD predicting the US economy loses over 25% of GDP from shutdowns? Companies seeing drops in revenue don't have cash to buy back shares, basically. Also IIRC some or all of the stimulus to companies requires them to not do share buybacks for x months after they get the money.
|
|
#
?
Apr 8, 2020 05:05
|
|
|
https://twitter.com/business/status/1247730363364978693?s=20
|
|
#
?
Apr 8, 2020 05:07
|
|
|
How is ROST alive. It really bugs me.
|
|
#
?
Apr 8, 2020 05:10
|
|
|
Leperflesh posted:Why would you think the underlying fundamentals haven't changed, as we plunge into a recession with the OECD predicting the US economy loses over 25% of GDP from shutdowns? It shows a really bad view of company resources. If they're paid out of cash, it shows a bad use of cash because they've made bad bets, they've lost on their cash bet. They should have invested in capital or kept it in cp to keep their cash flow stable. If they took on debt they're paying for past performance. Essentially they saw the fundamentals drop and they had not done more in advance to insulate themselves for a 12 month or longer demand shock like the hadn't seen one 13 or so years ago.
|
|
#
?
Apr 8, 2020 05:16
|
|
|
Honestly man, TSLA issuing all that stock during a period when everyone else was doing stock buybacks made me give them a big thumbs up of approval. Not in a “good and healthy stuff” way but in a “swindling the biggest assholes at the carnival” way.
|
|
#
?
Apr 8, 2020 05:20
|
|
|
Oscar Wild posted:I dont understand. Why would buybacks drop if the stock price as fallen more than 20%? Surely the underlying fundamentals haven't changed... I would’ve thought that a sudden drop in revenue and problems getting finance would be a pretty good reason for stopping share buybacks. Aren’t buybacks what you do when things are going great and the company has heaps of cash to hand out to shareholders?
|
|
#
?
Apr 8, 2020 05:33
|
|
|
It is currently a $2 premium on a TSLA $100 put for 8/21/20. That's my whole post.
|
|
#
?
Apr 8, 2020 05:35
|
|
|
I’ve never understood tech stocks, especially TSLA. How does tsla have a market cap bigger than Ford, GM, and BMW combined? They’ve never even turned a profit to my knowledge
|
|
#
?
Apr 8, 2020 05:36
|
|
|
skipdogg posted:I’ve never understood tech stocks, especially TSLA. How does tsla have a market cap bigger than Ford, GM, and BMW combined? They’ve never even turned a profit to my knowledge ford's margin is like, 5% tesla's margin is like, 20-40% the stuff that would be profit gets reinvested. you don't pay for current revenue, you pay for net present value. it's pricing in huge amounts of growth from tesla the pricing in is on an exponential basis. it's like, "oh they'll grow by 20% a quarter or whatever for 10 quarters". that's a big ol' number, it's 1.2 ^ 10 or whatever. if the future estimate goes down a marginal amount or turns into a decrease, that net present value whiplashes: "oh they'll shrink instead for next 10 quarters", 1.2 ^ 10 (6.2x) to 0.8 ^ 10 (0.1x) (you would discount for risk further out in reality and add in lots of stupid) bob dobbs is dead fucked around with this message at 05:47 on Apr 8, 2020 |
|
#
?
Apr 8, 2020 05:43
|
|
|
FAN OF NICKELBACK posted:It is currently a $2 premium on a TSLA $100 put for 8/21/20. That's my whole post. I honestly have no idea if this is a good deal or not.
|
|
#
?
Apr 8, 2020 05:49
|
|
|
bob dobbs is dead posted:(you would discount for risk further out in reality and add in lots of stupid) Like a loving lot of stupid. So, so many people I know compare TSLA to AMZN and it blows my mind. Also, Elon put up his shares of TSLA as collateral for funding for TSLA and I think he came pretty fuckin’ close to being, basically, margin called over it. java posted:I honestly have no idea if this is a good deal or not. There’s a $2 premium on a contract 4 months out of this stock losing nearly 90% of its value. By comparison I think you can get SPY 230p in May for $2 (roughly a 15% drop). Idk I don’t want to look right now. jokes fucked around with this message at 06:00 on Apr 8, 2020 |
|
#
?
Apr 8, 2020 05:54
|
|
|
java posted:I honestly have no idea if this is a good deal or not. If anyone had any better idea it would not be $2. jokes posted:By comparison I think you can get SPY 240p in May for $2. I feel personally attacked. FAN OF NICKELBACK fucked around with this message at 06:01 on Apr 8, 2020 |
|
#
?
Apr 8, 2020 05:56
|
|
|
|
| # ? Jun 8, 2024 07:45 |
|
|
gay picnic defence posted:It depends on what your timeframe is. If you're buying to hold for a few years, Qantas shares got smashed but is in a pretty good position to weather this next year or so they're probably decent value at the moment. WBC and NAB are fairly cheap and along with the other two banks are unlikely to be allowed to fail so they're probably safe bets. If it's a short term investment I have no idea. Yeah I was thinking it might be a trap as well, which is why I'd hold off myself. But I don't have much to go on other than the fact that the virus isn't likely to subside anytime soon and the after-effects will still be around. How reliable are stock market tips from places like the Motley Fool? I've read a bit from them, but I am not well enough in the know to see if they're trustworthy at all. They recommend buying Opthema, apparently a new drug treatment for vision loss, but it's really hard to tell whether things are a good buy if you know nothing about the market.
|
|
#
?
Apr 8, 2020 06:20
|
|
