Here's your exhibit (#1 in particular) going into the weekend. Big players are not even back in the markets yet. I'm thinking starting after memorial day we start to see full markets begin to return.
oh yeah well me make that /smg/ image like year ago so really ME who brought it up first
Christian Long
Heres the results of my covered calls this week 500 HPE at $9.74 = $4872, sold $261 in calls, result -0.5% (still holding all shares) 300 HPQ at $17.39 = $5218, sold $168 in calls, result +1% (still holding, selling more calls next weeks for earnings) 200 FL at $27.50 = $5500, sold $532 in calls, result +2.4% (assigned) Hard to believe HPE dropped 12% today, but I still broke even and it will bounce next. lmaoing at all the losers who bought options. Basically made 2% a with no worrying. Last week was even better when I did DKNG and made 8.5% (assigned). Next week Im thinking NTNX or JWN.
Just buy the FUCKING TQQQ >b-b-b-bbut Tech has topped this time for real even though I've been saying that for 12 years now Ok Boomer. Then just buy the FUCKING SPXL >b-b-b-b-but I am a pussy Then just buy the FUCKING SSO Everything else is suboptimal trash as a buy (not talking to premium collector chads). You name it, TQQQ/SPXL/SSO is better: 1. Airlines 2. Oil 3. Cruise Lines 4. Your favorite Biomeme JUST BUY THE FUCKING TQQQ
I'm not surprised. They'll have a broader understanding of macro trends, so are likely hedging in other assets or bought in late March and sold off throughout the past month. The past month really has been a prefect time to derisk, giving plenty of opportunities as an institutional or MM, even retail, to unwind short term trades or unfortunate long positions that got caught in the cross-fire of March liquidations and have somewhat rebounded since. The daily volume the past month shows the lack of broader participation quite clearly.
guys I transferred $10k to robinhood, it says it will be available on the 29th. if i get gold will it clear instantly or since it is a bare account it wont? I should have just kept my shit in TDA :(
Jack Russell
divvy bros, how long did it take for your divvy portfolio to start snowballing? I'm starting a divvy portfolio at 5k and putting 1k in it per month.
Easton Powell
should also mention that my weighted average yield is ~6% right now
Luis Rogers
trips get
fuck niggers
Luke Murphy
>using robinhood ngmi
Jack Gray
>They'll have a broader understanding of macro trends Pretty sure the trend is continuing to wait. We have to watch CA, NYC, TX, and Washington. There's nothing else that can be done. Big time zones are going to be September & Q3 earnings - ending of cares money + supposed "back to normal." Q2 vs. Q1 will determine exactly how risky equities and bonds are till '21 and' 22. Reopenings will determine risk profile for gov and muni bonds as well as downward pressure from taxes.
Christopher Harris
3 years. Do covered calls and cash covered puts too. Don’t just be a Divvy bro, be an income bro.
Easton Powell
That all seems risky desu. One of these days you will be stuck bag holding. Like those people who thought HTZ was a good idea because of the premiums
I only do options with companies like MSFT, MA or LMT and stuff. Stable blue chips.
If anything its less risky than other forms of "investing." Sometimes you end up bag holding, but is bag holding HP that terrible? I would not say so. Just do research and don't always go for the highest premium. Plus you can always sell a deep ITM call if you're worried it will drop too much.
>If anything its less risky than other forms of "investing." Sure. Just make the right call. >is bag holding HP that terrible? Meh. I just see them decline all the time. One bad report and they could drop quite a bit.
Id rather just have 0 stress and earn a little less. Im not worried if we would drop 30%. Its MSFT. Its NOC. Theyll be fine. >Plus you can always sell a deep ITM call if you're worried it will drop too much True. But you might just sell ATM in a blue chip. Buy my calls and puts goyim Good price. Just for you.
