|
FistEnergy posted:The floor is $10 plus interest (10.40) up until the final merger vote, which is a day or two before the ticker change and the SPAC ticker being delisted as a result. The floor is fairly reliable up until that point. Ok so the idea is you just get out before it actually merges to ensure you can't lose money?
|
#
?
Nov 25, 2020 00:54
|
|
|
|
| # ? May 21, 2024 09:42 |
|
|
Boozie posted:Ok so the idea is you just get out before it actually merges to ensure you can't lose money? That is certainly what I'm doing after holding HYLN too long. But then I didn't hold SBE long enough... More SPAC chat: PSTH has options. I can't figure out why I shouldn't be buying PSTH at $24 and selling monthly 25 calls for ~$1 for 4-4.5% every month. In 2-3 months you have made more than you were risking down to NAV and if they do end up landing Stripe or whatever the current rumor is you close out with a little more gain. Or I can sell a June 25 call for almost $5, lock up that money for 6 months for 20% with a reasonable worst case scenario that everything collapses and it falls to NAV and I made 0% or some other weird edge cases that cause me to lose money because this could lock me up through the merger.
|
|
#
?
Nov 25, 2020 00:59
|
|
|
The only SPAC options I would ever sell are below NAV puts because it's very very unlikely they'll go ITM. I dont mess with SPAC options though. Just units, commons, and warrants. Usually commons.
|
|
#
?
Nov 25, 2020 01:07
|
|
|
TSLA and X shorts anyone??  not in yet but thinking about transferring funds to get back in  https://finviz.com/screener.ashx?v=351&t=TSLA,X
|
|
#
?
Nov 25, 2020 03:27
|
|
|
lotta talk about wsb and meme stocks in here and on discord lately so I'll drop this link: https://www.reddit.com/r/RedditTickers/ (look for the posts mentioning "most popular")
|
|
#
?
Nov 25, 2020 03:45
|
|
|
Jack Daniels posted:TSLA and X shorts anyone?? I have lost every single time I try to play with X. God speed!
|
|
#
?
Nov 25, 2020 04:00
|
|
|
I have like 10k in spy puts expiring (almost definitely worthless) in December lmao. This would really suck rear end if I wasn’t completely secure in my employment. I just watched the big short tonight and I’m so curious as to why half the country living in poverty isn’t having a negative impact on business. Like what is the mechanism that is keeping everything going? Just unlimited money from the fed to the banks to lend to companies that have plummeting profit? Will there really never be a big correction? I’m drinking hot toddy’s rn with good bourbon and walnut liqueur.
|
|
#
?
Nov 25, 2020 04:12
|
|
|
pmchem posted:lotta talk about wsb and meme stocks in here and on discord lately Thanks for this; WSB lingo is hard for me to suffer through so I'm glad to see it distilled somewhere else
|
|
#
?
Nov 25, 2020 04:14
|
|
|
Jack Daniels posted:TSLA and X shorts anyone?? All it takes is some sort of electric vehicle tax credit as part of a Biden green initiative and TSLA will shoot up.
|
|
#
?
Nov 25, 2020 04:35
|
|
|
LibCrusher posted:Like what is the mechanism that is keeping everything going? The idea is that this isn't a business cycle correction, it's a one-off event. Once the Fed stepped in to backstop the market, people concluded that the world wasn't going to end and that eventually we will come out of this event and resume the bull market and economic expansion. There are a few changes that are likely to be more permanent like a decrease in business travel and an increase in remote work, but overall the global economy isn't going to collapse so it's time to find targets of investment opportunity.
|
|
#
?
Nov 25, 2020 04:47
|
|
|
Jack Daniels posted:TSLA and X shorts anyone?? If you are going to go short on tesla you might be interested in seeing what the people you are betting against are thinking: https://www.youtube.com/watch?v=X3WE2XGS_TI
|
|
#
?
Nov 25, 2020 05:29
|
|
|
saintonan posted:The idea is that this isn't a business cycle correction, it's a one-off event. Once the Fed stepped in to backstop the market, people concluded that the world wasn't going to end and that eventually we will come out of this event and resume the bull market and economic expansion. There are a few changes that are likely to be more permanent like a decrease in business travel and an increase in remote work, but overall the global economy isn't going to collapse so it's time to find targets of investment opportunity. The things to be scared of were all true: massive unemployment, businesses and offices closing down, constant increasing death rates, etc. These all have massive, massive effects on the fundamentals of financial analysis. The problem is that a shitload of investors are very greedy right now and are leaning/lurching/swandiving into the market despite the fact that there is very little reason to do so other than the fact that everyone else is right now. Again, the bad things happened and are continuing to happen. The vaccines are not here and are not ready to be distributed, and they’re still a ways off. To that end, I am not aggressively investing right now I’m just kinda sitting on blue chips and keeping my contributions rolling. I did buy some far off SPY puts, but not too much, mostly as a hedge. Never forget that people who knew exactly what was going on, and were fully aware of the house of cards of 2008, continued to press harder on the gas until it all came crashing down. Being right doesn’t mean you make any money.
|
|
#
?
Nov 25, 2020 06:47
|
|
|
i bought $4839 old dollar bills at face value and sold them to a collector for $5310 im sure the collector is gonna make bank but i spent one hour from start to finish doing this deal sorry i didnt know where else to post this numberoneposter fucked around with this message at 07:11 on Nov 25, 2020 |
|
#
?
Nov 25, 2020 07:01
|
|
|
numberoneposter posted:i bought $4839 old dollar bills at face value and sold them to a collector for $5310 Lol
|
|
#
?
Nov 25, 2020 08:41
|
|
|
numberoneposter posted:i bought $4839 old dollar bills at face value and sold them to a collector for $5310 The most conservative value trade done in the past 5 pages.
|
|
#
?
Nov 25, 2020 10:21
|
|
|
If the collector had given you the $5300 and told you to just spend the money for him you’d basically be a SPAC
|
|
#
?
Nov 25, 2020 11:02
|
|
|
numberoneposter posted:i bought $4839 old dollar bills at face value and sold them to a collector for $5310
|
|
#
?
Nov 25, 2020 12:08
|
|
|
numberoneposter posted:i bought $4839 old dollar bills at face value and sold them to a collector for $5310 How do I get in on this action I can’t find that level on my robinhood game 
|
|
#
?
Nov 25, 2020 12:15
|
|
|
drunken officeparty posted:How do I get in on this action I can’t find that level on my robinhood game It's a side quest that unlocks after you defeat the Iron Condor.
|
|
#
?
Nov 25, 2020 12:20
|
|
|
Ola posted:It's a side quest that unlocks after you defeat the Iron Condor. I hate that flying thing I sacrificed lighting magic to enhance fire which is not helping here
|
|
#
?
Nov 25, 2020 13:12
|
|
|
pixaal posted:I hate that flying thing I sacrificed lighting magic to enhance fire which is not helping here I just unlock infinite leverage to get past it.
|
|
#
?
Nov 25, 2020 14:57
|
|
|
LibCrusher posted:I have like 10k in spy puts expiring (almost definitely worthless) in December lmao. This would really suck rear end if I wasn’t completely secure in my employment. I just watched the big short tonight and I’m so curious as to why half the country living in poverty isn’t having a negative impact on business. Like what is the mechanism that is keeping everything going? Just unlimited money from the fed to the banks to lend to companies that have plummeting profit? Will there really never be a big correction? I’m drinking hot toddy’s rn with good bourbon and walnut liqueur. The market hasn't blown up because interest rates are super low so the only somewhat guaranteed return on any investment is stonks right now.
|
|
#
?
Nov 25, 2020 16:27
|
|
|
Ola posted:It's a side quest that unlocks after you defeat the Iron Condor. One of these has to evolve soon I've been keeping them #1 for so long 
|
|
#
?
Nov 25, 2020 17:20
|
|
|
Sup buddy who also has “1 share” of HMNY  
|
|
#
?
Nov 25, 2020 17:24
|
|
|
HMNY was my first investment. What a poo poo show
|
|
#
?
Nov 25, 2020 17:52
|
|
|
gently caress it. Bought some PLTR calls. Whats the worst that can happen.
|
|
#
?
Nov 25, 2020 17:53
|
|
|
GramCracker posted:gently caress it. Bought some PLTR calls. Whats the worst that can happen. gently caress if I know. I dunno when PLTR became a meme stock but its definitely a meme stock.
|
|
#
?
Nov 25, 2020 18:50
|
|
|
My only gamble today is going to be some WORK puts for mid-December. That should be enough time for the deal to dissolve or for people to lose interest and bail.
|
|
#
?
Nov 25, 2020 19:11
|
|
|
numberoneposter posted:i bought $4839 old dollar bills at face value and sold them to a collector for $5310 The truest form of dollar cost averaging.
|
|
#
?
Nov 25, 2020 19:17
|
|
|
Well, glad I didn’t sell my PLTR at $23 I guess...
|
|
#
?
Nov 25, 2020 19:23
|
|
|
GlobalMegaCorp posted:Well, glad I didn’t sell my PLTR at $23 I guess... I cut my position in half at that point, honestly taking the gains has made this so stress free since I can think of it as a free ride since I was already over +100%. This was the dystopian early retirement train wasn't it?
|
|
#
?
Nov 25, 2020 19:27
|
|
|
I sold my PLTR at like 9.50 or whatever, what's the term for reverse bag holding? 
|
|
#
?
Nov 25, 2020 19:38
|
|
|
tangy yet delightful posted:I sold my PLTR at like 9.50 or whatever, what's the term for reverse bag holding? Taking profits
|
|
#
?
Nov 25, 2020 19:39
|
|
|
Holy poo poo yesterday I jumped from XPEV to PLTR, it's been an amazing time and I fear this is going to awaken a trading addiction inside me.
|
|
#
?
Nov 25, 2020 19:49
|
|
|
tangy yet delightful posted:I sold my PLTR at like 9.50 or whatever, what's the term for reverse bag holding? FOMO
|
|
#
?
Nov 25, 2020 20:02
|
|
|
FreelanceSocialist posted:My only gamble today is going to be some WORK puts for mid-December. That should be enough time for the deal to dissolve or for people to lose interest and bail. I sold them to you
|
|
#
?
Nov 25, 2020 20:19
|
|
|
M battle almost over, BR got in on Monday and played it hard, but appear to be backing off now.
|
|
#
?
Nov 25, 2020 20:28
|
|
|
GramCracker posted:gently caress it. Bought some PLTR calls. Whats the worst that can happen. Please tell us the IV on those.
|
|
#
?
Nov 25, 2020 20:52
|
|
|
VelociBacon posted:Please tell us the IV on those. *checks portfolio* Oh, ya know, just a cool 185-190% 
|
|
#
?
Nov 25, 2020 20:56
|
|
|
|
| # ? May 21, 2024 09:42 |
|
|
Harry Potter on Ice posted:One of these has to evolve soon I've been keeping them #1 for so long 
|
|
#
?
Nov 25, 2020 21:12
|
|
