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For anyone with Fidelity, how long did it take to open up options trading? I applied yesterday, but my account is empty at the moment since I will be transferring. Not sure how that would affect things or if it would be easier to start the transfer and hope they have my options enabled within 15 days so they don't get sold in the interim.
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Jan 29, 2021 18:27
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java posted:I still think the real action will be afterhours. Everything I made was afterhours. Really big dips and jumps the nights I watched. I guess it makes sense with the RH/home investor impact being pretty much nullified that maybe you'd see some crazy poo poo from commercial investors. I was tempted to put in a buy at $100 or $200 but I worried that I'd just accidentally end up buying a bag on the way down while I was not paying attention.
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Jan 29, 2021 18:27
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LibCrusher posted:Who has that link on “has the squeeze happened yet” ? https://isthesqueezesquoze.com/
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Jan 29, 2021 18:27
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JnJ deflating a bit on news that its 1-shot vaxx is ~70% effective. It is literally good for their bottom life if they don't pivot into mass covid vaccine production so might be worth a pickup here
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Jan 29, 2021 18:27
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GoGoGadgetChris posted:JnJ deflating a bit on news that its 1-shot vaxx is ~70% effective. It is literally good for their bottom life if they don't pivot into mass covid vaccine production so might be worth a pickup here drat. I was hoping to get that one because I'm terrified of needles and only wanted to do it once. 
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Jan 29, 2021 18:28
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GoGoGadgetChris posted:JnJ deflating a bit on news that its 1-shot vaxx is ~70% effective. It is literally good for their bottom life if they don't pivot into mass covid vaccine production so might be worth a pickup here Lol look at this fool talking non-memes in the meme thread.
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Jan 29, 2021 18:29
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Axel Serenity posted:drat. I was hoping to get that one because I'm terrified of needles and only wanted to do it once. Modern day needles are as close to painless as you can get. I got the DTAP vaccine and legit didn't even feel it.
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Jan 29, 2021 18:30
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Sound_man posted:I've been whittling away my last few shares of GME. The sell limit for my last share is $420.69 because why not. I played it safe/dumb but can't be mad at 175% gains. If you're gonna sell around there anyways I recommend you do it at like 418. I know the memes won't be fulfilled but you have a much better chance of getting your money: https://www.reddit.com/r/wallstreetbets/comments/l7v39c/please_remove_your_42069_limit_sells_i_know_its/ A lot of people have a sell at 420, essentially.
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Jan 29, 2021 18:30
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Superrodan posted:If you're gonna sell around there anyways I recommend you do it at like 418. I know the memes won't be fulfilled but you have a much better chance of getting your money: I think "420.69 is the meme sell" has been spread around with enough people "smartly" going under that that the real cap is going to be closer to sub 400 at this point, but I don't know if the existing limit buy/sell numbers are in a place where I don't need a terminal to look at them
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Jan 29, 2021 18:33
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Axel Serenity posted:drat. I was hoping to get that one because I'm terrified of needles and only wanted to do it once. Honestly I think this is still going to be a major player since it's entirely different tech than the mRNA vaccines, easy to distribute, easy to administer, and apparently was ~85% effective in preventing hospitalization! I have a totally baseless theory that vaccine effectiveness trials are going to be slightly lower for this generation of candidates since the variants are out in the wild now. I suspect Moderna and Pfizer would put up lower numbers if their phase 3 were occurring now instead of last fall.
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Jan 29, 2021 18:34
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LibCrusher posted:Who has that link on “has the squeeze happened yet” ? http://isthesqueezesquoze.com/ For the others e: so drat late, this thread is moving fast
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Jan 29, 2021 18:34
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Ursine Catastrophe posted:"The hedges have to fold by friday" was repeated so much that I suspect the after hours action will be "a slaughter" and a lot of CNBC talking heads saying "We told you so" Can you explain what you mean by this to someone who knows nothing about stock trading (and who isn't in on this GME stuff at all, just curious) I guess specifically what would happen to everyone who owns stocks before closing today if these hedge funds started trying to purchase their GME shares after closing?
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Jan 29, 2021 18:37
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PoopShipDestroyer posted:Can you explain what you mean by this to someone who knows nothing about stock trading (and who isn't in on this GME stuff at all, just curious) The hedge funds bet that GME would decrease in value. How much they are wrong on that prediction increases the amount of money said hedgefund has to pay. It's safe to say that they were very wrong and owe a lot of money now.
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Jan 29, 2021 18:40
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punk rebel ecks posted:The hedge funds bet that GME would decrease in value. How much they are wrong on that prediction increases the amount of money said hedgefund has to pay. But they have to buy those stocks they shorted, right? So if GME closes today at, say, $350, what happens if they place the order to purchase all those shares overnight?
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Jan 29, 2021 18:44
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Superrodan posted:If you're gonna sell around there anyways I recommend you do it at like 418. I know the memes won't be fulfilled but you have a much better chance of getting your money: It's a single share so so the laugh is worth at least a $100 gamble
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Jan 29, 2021 18:45
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Ursine Catastrophe posted:"The hedges have to fold by friday" was repeated so much that I suspect the after hours action will be "a slaughter" and a lot of CNBC talking heads saying "We told you so" To no one's surprise this has shifted to "the real squeeze is going to happen on Monday or Tuesday, just hold over the weekend!"
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Jan 29, 2021 18:45
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If I figure that at some point in the next week or two that the GME bubble is gonna burst and we're gonna decline to like, sub 50, what date put do I pick to not get crucified by theta? (asking because on these sort of bets I somehow always get destroyed by theta so I've clearly not figured this out yet)
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Jan 29, 2021 18:46
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E*TRADE just closed my 275/270 bear put spread on GME at a loss overriding a limit order, total potential loss was 5000 and I had $17k cash on deposit
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Jan 29, 2021 18:47
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Finally VXX calls paying off. In light of not having a real exit strategy (a mistake) I’ll probably close out this afternoon with some profit just so o don’t have to see my one winning bet to date evaporate.
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Jan 29, 2021 18:48
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PoopShipDestroyer posted:But they have to buy those stocks they shorted, right? So if GME closes today at, say, $350, what happens if they place the order to purchase all those shares overnight? The short answer is no, the hedge funds dont all have to buy all the GME to cover their positions today.
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Jan 29, 2021 18:49
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Tokyo Sex Whale posted:E*TRADE just closed my 275/270 bear put spread on GME at a loss overriding a limit order, total potential loss was 5000 and I had $17k cash on deposit Lol what the gently caress
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Jan 29, 2021 18:49
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PoopShipDestroyer posted:But they have to buy those stocks they shorted, right? So if GME closes today at, say, $350, what happens if they place the order to purchase all those shares overnight? The general thought here is that the options are all expected to expire on 1/29 and the shorts will have to make good on them by EOD in 3 hours, but rules are a lie and nothing matters except number so who knows for sure
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Jan 29, 2021 18:50
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I bought 63 shares in AMC because I’m dumb and hate money.
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Jan 29, 2021 18:51
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Seems like AMC getting a little skittish
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Jan 29, 2021 18:52
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Kraftwerk posted:I bought 63 shares in AMC because I’m dumb and hate money.
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Jan 29, 2021 18:52
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The rest of the market is on sale, stock up 
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Jan 29, 2021 18:54
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thats not candy posted:1 dogecoin will always be 1 dogecoin and you cant take that away from any of us Once it has physical delivery I'll buy some. The dog is cute.
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Jan 29, 2021 18:55
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Is AMC a decent buy if I actually plan on holding it till people are vaccinated?
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Jan 29, 2021 18:55
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I bought a bunch of stuff on Wednesday at basically the peaks, AMC for 15, NOK for 6.6, and BB for 22. I didn't tie up that much money in them but I'm lolling at my great timing. My GME at 330 isn't so bad in comparison.
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Jan 29, 2021 18:55
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naughty joystick posted:The rest of the market is on sale, stock up Yeah, I dunno what's up but to be expected with the craziness this week. Decided to bulk up some of my fractional holds into full shares while the getting's good.
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Jan 29, 2021 18:56
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Got out of GME at $398 this morning, if the hedge funds are pulling the kind of poo poo we've been seeing it's clear there's no way to rely on the squeeze actually happening.
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Jan 29, 2021 18:56
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naughty joystick posted:The rest of the market is on sale, stock up I picked up some AAPL since it dropped so much after what was otherwise really good news for them.
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Jan 29, 2021 18:56
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naughty joystick posted:The rest of the market is on sale, stock up I did, thanks everyone!
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Jan 29, 2021 18:57
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Is there any logical reason for AAPL to have dropped 5% today?
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Jan 29, 2021 18:58
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ranbo das posted:To no one's surprise this has shifted to "the real squeeze is going to happen on Monday or Tuesday, just hold over the weekend!" Good to see Q Anon chuds refocusing their stick it to the man energy to something more tangible than a pedophilic cabal.
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Jan 29, 2021 18:59
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Is buying AAL a stupid thing to buy now? Not looking at a quick turnaround but also don't wanna buy at 17 if it'll keep dropping down a ways lower in the next week.
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Jan 29, 2021 18:59
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Bardeh posted:Is there any logical reason for AAPL to have dropped 5% today? Market volatility because of Gamestonks?
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Jan 29, 2021 19:00
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Considering that the year range low of GME was $2:57 and its around $330:00 at the moment, plus marv's somehow managed to bend time and space to hold 129% of the stonk, even if it looses half its value to $165, marv's going to be eviscerated.
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Jan 29, 2021 19:00
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Atoramos posted:Got out of GME at $398 this morning, if the hedge funds are pulling the kind of poo poo we've been seeing it's clear there's no way to rely on the squeeze actually happening. Seriously, it is so much in the public conscious now that I can only imagine behind closed doors Wall Street is laying down plans to not get completely hosed over, and instead make an amicable exit over the next few days. Also watch what happens when dfv finally tells Reddit he pulls out...
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Jan 29, 2021 19:01
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Shorts are being slaughtered, not sure why the squeeze failing to come today says otherwise. Explain?
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Jan 29, 2021 19:01
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