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bobua posted:I sold 7/16 5p x10, for a current loss of $2,276.63 that I will in all likelihood hold till expiration If you don't close the puts don't forget you are paying $5000 for 1000 shares of AHT on expiration that you then need to sell. pixaal fucked around with this message at 20:49 on Jul 13, 2021 |
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Jul 13, 2021 20:42
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AHT? Never heard of it.
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Jul 13, 2021 20:44
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pixaal posted:If you don't close the puts don't forget you are paying $5000 for 100 shares of AHT on expiration that you then need to sell. I assume you mean 1000 shares, but yeah my cost basis will be around $4 a share after taking the premium into account. I'm not enthused but I knew what I was getting into when I sold the puts.
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Jul 13, 2021 20:49
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yes 1000 missed a zero, sorry they are important!
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Jul 13, 2021 20:49
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Ror posted:I have to ask if anyone in this thread is still bagholding AHT in a significant way. I sold most of it at a loss after the initial crash, but it only partially executed and I just kinda held onto the last chunk for giggles, it's just a couple hundred bucks and I thought maybe it'll go back up a little. Thanks to the thread (  ) I unloaded my CCs and stock on excrement-impact-air-mover monday. Loss was in the $1/share range all included.
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Jul 13, 2021 20:54
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Ror posted:I have to ask if anyone in this thread is still bagholding AHT in a significant way. I sold most of it at a loss after the initial crash, but it only partially executed and I just kinda held onto the last chunk for giggles, it's just a couple hundred bucks and I thought maybe it'll go back up a little. I took my lumps on it a bit ago, was glad I did a spread so I capped my loss at 2.5. Holy poo poo it loving sucks.
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Jul 13, 2021 20:58
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Ror posted:I have to ask if anyone in this thread is still bagholding AHT in a significant way. I sold most of it at a loss after the initial crash, but it only partially executed and I just kinda held onto the last chunk for giggles, it's just a couple hundred bucks and I thought maybe it'll go back up a little. I grabbed a truck load of cheap calls when I thought it had bottomed last week or whatever, they slipped a bit and basically just sat around time decaying so I dumped them yesterday for like a couple percent loss. Glad I did.
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Jul 13, 2021 21:13
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Uh, you feeling okay, $GOON? *buys more*
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Jul 13, 2021 21:28
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hbag posted:bought some "AST SpaceMobile" since it seems to be doing what starlink's doing except doing it better Lmaoooo See if you can get out without taking too much of a loss Starlink average sattelite launch cost is ~$500,000, essentially at cost, the fuel and manpower to maintain the launch facilities. Professional analysis says it costs SpaceX about $30mm to do a launch, and they launch 60 sattelites at a time. AST is going to pay market rate to launch, minimum $1mm per unit SpaceX is already the US government's preferred sattelite data provider and starlink has already participated in live fire exercises with the US military I have an old box of betamax cassettes in my attic that I'll sell you for fair market value
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Jul 13, 2021 21:37
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I'm still holding aht but I have puts at 2.50 to double cover my shares. Wish I bought more puts!
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Jul 13, 2021 21:40
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bobua posted:I assume you mean 1000 shares, but yeah my cost basis will be around $4 a share after taking the premium into account. I'm not enthused but I knew what I was getting into when I sold the puts. The reverse split happens after close on Friday doesn't it? So it will be 100 shares.
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Jul 13, 2021 21:44
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I might buy back into AHT if it tanks super hard off the split but I got out pretty quick when I saw it stall and start going down more because I can't stop touching the poop.
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Jul 13, 2021 21:53
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Even I’m surprised at how fast it has tanked.
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Jul 13, 2021 22:09
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pmchem posted:$SBUX, Starbucks, has an impressive run the past week or two. Just straight up. Also huge bullish options volume on it today. This is purely anecdotal, but here in NYC, Starbucks seems pretty busy at the locations I’ve been to (and has been for 6+ months). Their app is good, online order and pickup is super quick and easy. I usually don’t have to be in the store more than 30 seconds. I never used their app until after the pandemic and now I will probably always use it so I never have to stand in line to order. Seems like most of the people I see come into the store whenever I’m in there (not long, but multiple times per week) are also getting mobile orders. IMO can’t trade based on anecdotes like this so take it fwiw
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Jul 13, 2021 22:20
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cr0y posted:What happened 😢 10Y bonds and also a completely normal selloff from ATHs which is apparently now the worst thing in the world.
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Jul 13, 2021 22:32
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SKULL.GIF posted:10Y bonds and also a completely normal selloff from ATHs which is apparently now the worst thing in the world. 
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Jul 13, 2021 23:16
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DapperDraculaDeer posted:Because stocks only go up? Uranium 235 posted:SPY -0.34% 
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Jul 13, 2021 23:34
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Market dipping a fraction of a percent is unacceptable and I would like to talk to the SPY manager I nearly flipped my calls to puts when SPY was even for the day but am trying to stop my "stop changing your strategy at the slightest bad movement" habit. cr0y fucked around with this message at 01:21 on Jul 14, 2021 |
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Jul 14, 2021 01:15
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cr0y posted:Market dipping a fraction of a percent is unacceptable and I would like to talk to the SPY manager A good thing to do. Plan the trade and trade the plan. I'm trying to engrain this as well.
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Jul 14, 2021 01:43
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cr0y posted:am trying to stop my "stop changing your strategy at the slightest bad movement" habit. For me this was the hardest thing to stop doing. It is one day and less than half of a percent. Just let it ride.
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Jul 14, 2021 01:55
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Spending mroe time sorting through scan results and less time staring at the big red or green number is helpful with this.
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Jul 14, 2021 01:57
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Hadlock posted:Lmaoooo Starlink customers need to be by an antennae, ASTS customers pay their mobile carrier an extra fee in areas they lack coverage in (in theory)
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Jul 14, 2021 02:56
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BigPaddy posted:For me this was the hardest thing to stop doing. It is one day and less than half of a percent. Just let it ride. For me I think it helps to consider both sides of a trade (myself as both the potential buyer and seller). Like when I'm simultaneously thinking I should sell a covered call on a stock for big premium, while also wondering if I should buy an OTM call for the same stock because I think the stock might rocket up I realize I'm just being indecisively greedy and the position is too risky to go either way.
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Jul 14, 2021 03:03
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Probably stupid thought: if I was thinking of betting against a certain sector, would it be advantageous to find an ETF with a particularly crappy expense ratio? Theoretically that would maximize the potential losses if I bought a put against it?
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Jul 14, 2021 03:09
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pmchem posted:$SBUX, Starbucks, has an impressive run the past week or two. Just straight up. Also huge bullish options volume on it today. I'm baffled tbh. Starbucks has closed hundreds of hundreds of stores, throwing away marketshare, and are apparently interested in rebuilding with stores that are takeaway focused with no seating. Ok good luck.
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Jul 14, 2021 03:16
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Subvisual Haze posted:Probably stupid thought: if I was thinking of betting against a certain sector, would it be advantageous to find an ETF with a particularly crappy expense ratio? Theoretically that would maximize the potential losses if I bought a put against it? first off, I love this line of thought. Pulling on it further, if you find any miniscule arbitrage opportunities on ETFs tracking the same index but with different ERs and equivalent option prices let us know. but, I have to wonder if consideration of the ER is "priced in" by MMs on long-dated options. more importantly, you'll find that most ETFs do not have liquid option activity, and typically within a general class, one ETF will dominate all related options activity. e.g. SPY for S&P 500, but not so much VOO or IVV. XLE for energy sector, but not so much VDE. and so on. so if you want to get options on a sector with a non-lovely b/a spread, your ETF choices will be limited. dunno about directly shorting and borrow rates for ETFs in the same sector.
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Jul 14, 2021 03:17
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I bought SPY P, 5 to 10 DTE with 50-55 delta, at underlying peak Monday, with 90% gains today on SPY being down .34%. The miracle of liquidity and volume. I think I’m done with OTM SPY, given my risk profile I’m closing for 40-60% profit anyway.
hydrocarbonenema fucked around with this message at 03:48 on Jul 14, 2021 |
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Jul 14, 2021 03:40
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Warmachine posted:A good thing to do. Plan the trade and trade the plan. I'm trying to engrain this as well. I don't know last time I saw someone following the plan, people stormed the congress building
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Jul 14, 2021 03:51
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pmchem posted:first off, I love this line of thought. Pulling on it further, if you find any miniscule arbitrage opportunities on ETFs tracking the same index but with different ERs and equivalent option prices let us know. but, I have to wonder if consideration of the ER is "priced in" by MMs on long-dated options. Thanks, that's a really good point on liquidity. I've already run into that issue with my Vanguard ETFs being the best options for expenses but having some setbacks with regards to low options volume relative to Blackrock's iShares products. I was reading some article earlier today on "ESG" (Environmental, Social, and Governance) metrics in stocks that sent me on this thought. The article mentioned high ESG type investments like Green Energy ETFs (PBW or ICLN) tended to yield poorer returns, at least partially as a consequences of ESG metric focus resulting in very high expense ratios. It made me wonder if betting against those sort of boutique ETFs (which are probably mostly composed of smaller cap versions of TSLA, grifting on green marketing hype and government tax credits) might be a smart strategy.
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Jul 14, 2021 03:53
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I took a look at his youtube channel and he hasn't uploaded a live trading video in a week but is still posting daily recap videos.
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Jul 14, 2021 04:30
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Ror posted:I have to ask if anyone in this thread is still bagholding AHT in a significant way. I sold most of it at a loss after the initial crash, but it only partially executed and I just kinda held onto the last chunk for giggles, it's just a couple hundred bucks and I thought maybe it'll go back up a little. I forgot I bought 7 shares of it til I read this post, took a 66% bath on it for a whopping $28
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Jul 14, 2021 04:44
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Not a Children posted:I forgot I bought 7 shares of it til I read this post, took a 66% bath on it for a whopping $28 Sell that poo poo before the 1:10 reverse split Thursday night
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Jul 14, 2021 05:09
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Just wanted to thank this thread for enabling me to buy All Star Game tickets, I had a blast!
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Jul 14, 2021 05:36
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Femtosecond posted:I'm baffled tbh. Starbucks has closed hundreds of hundreds of stores, throwing away marketshare, and are apparently interested in rebuilding with stores that are takeaway focused with no seating. Ok good luck.
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Jul 14, 2021 12:26
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Grem posted:Just wanted to thank this thread for enabling me to buy All Star Game tickets, I had a blast! What stock(s) got you there?
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Jul 14, 2021 13:13
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D-Pad posted:I took a look at his youtube channel and he hasn't uploaded a live trading video in a week but is still posting daily recap videos. I remember seeing the Warrior Trader guy in a YT video trying to call out guys who were pumping their "learn stock trading programs from me" deals and that his was particularly expensive, but what exactly is he being accused of doing?
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Jul 14, 2021 14:24
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Congrats to all who didn't paper hand their SPY calls yesterday.
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Jul 14, 2021 14:40
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Sand Monster posted:I remember seeing the Warrior Trader guy in a YT video trying to call out guys who were pumping their "learn stock trading programs from me" deals and that his was particularly expensive, but what exactly is he being accused of doing? An FTC investigates has got to be about marketing, right? They're not the SEC, I doubt they have the authority to go after him for securities fraud or anything like that
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Jul 14, 2021 14:41
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Uranium 235 posted:I don't think there's anything public comment from the FTC about it, but they have previously gone after stock trading "gurus" for deceptive representations... like claiming they can teach anyone to beat the market in any market conditions, crazy claims about profitability and chance of success, etc. Seemed like the Warrior Trading guy tried to be careful about that kind of stuff, based on what I saw from him, but I used to get spammed with his ads/videos on youtube and with that much content and marketing out there, chances are high that he slipped up. That's traditionally the division. SEC deals with Wall Street, FTC deals with Main Street.
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Jul 14, 2021 14:50
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Anyone adding any kind of bearish hedge prior to Powell speaking? Idk if it's a solid strategy to hold calls and puts for the same security but everyone seems to skittish at literally any news. Hmm
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Jul 14, 2021 15:01
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