Not a damn thing. Maybe a strangle with some deep OTM options on TSLA because its going to be a wild ride.
Jacob Murphy
Reminder that NASDAQ has a lower PE ratio than the S&P 500. It's not even close to the Dotcom Bubble. Current PE is under 30, it peaked at 175 during the bubble.
There is no tech bubble. Some of the tech stocks just sell at a high growth premium. If you look at their estimated future PE, they become much more reasonable. TSLA for example has a estimated PE for 2024 of just 50.
>tech is a bubble Same meme for years. Tech is MSFT, AMZN, GOOG and FB. This is not some dotcom shit.
If anything boomer stocks are a bubble. Dead companies carried by the gouvernment trying to please workers. BA, F, GE, etc.
Alexander Cook
I doubled my money on SPY calls and then basically went back to where I was because of all the crabbing. fml
Christian Price
thread is off to a good start
Robert Collins
I have MSFT and wrote some calls for 217.5. Got 1.5 dollars for it on friday. In my mind its free money. If MSFT really pumps that hard its out of my hands.
Im also looking into some calendar spreads or PMCC. Sometimes it really be like that. Options should not be a long term thing. They should be surgical knifes you play certain strats with. I have the feeling some think an OTM LEAP is basically stocks nowadays.
Look, I agree that tech itself isn't the bubble. The bubble is global debt. It's the corporate bond market, which is MUCH larger than the market cap of all public equities combined.
When that bursts it will affect everything. However I'm sort of on your side too. Because the tried and true tech companies like MSFT/AMZN/GOOG will weather the storm well I think.
Right now is deflationary, but inflation is coming within a few years. And that's not even just me saying it, the Fed is literally targeting above 2% now and is changing policies to keep rates low. Yield curve control is coming. If there's another correction in the markets, negative rates are coming. The Treasury General Account is coming. Fed can NOT let rates rise and will never default, so only way forward is inflation which will be a much worse slow death.
TSLA has never turned a profit. Look, if you're fine with funding Fed pushed global control proxies, then there's nothing fiancally wrong with that, you'll probably make a profit. But it won't be from some amazing value or product generated by the company, but from the R and D funded by Fed bucks to usher in the NWO. You're betting on the government, not capitalism to keep these companies afloat.
Landon Cooper
Can i leverage gold?
Christopher Rivera
Trade futures, buy the metal, buy solid performing miners. Do not touch ETFs related to gold. The expense ratios literally bleed you to death. Not even unique to gold but true for all commodities.
Isaiah Perez
Is this a regular call chart for MSFT? I'm expecting them to go up a decent bit this week. Is it always better to buy calls with strike prices closer to current price?
TSLA isnt "tech". "Tech" is Apple, Microsoft, Amazon, Facebook and Google. Judging "tech" based on TSLA is like judging "pharma" based on ResMed Inc. Or saying SPY is shit because BA is a bloated retard company.
MSFT and AMZN are based in so many indsutries and have such a stable base that they are ETFs in themselves. If you AMZN you own a part of every crevice of the whole fucking economy. From ai to online retail.
"Tech" going down is a boomer fever delusion because they missed the chance and now try to find a reason why it will all crash.
Im gonna go with jade lizard? The upper end may always dip a bit so thats why it looks that way.
No idea what strikes he picked though
Angel Perry
Cars have a huge amount of code in them. Its the integration of everything.
Dominic Gonzalez
Its why nvda.appl and googl are teslas real competitors too.
Appl car program with proj titan Waymos software Nvda doing car partnerships
Jaxon Long
TSLA had a $35.8 million profit in 2019. They're going to be profitable second quarter as well despite their factories being shuttered for most of it. If you look at the financials of TSLA you see their OPEX ratio keeps going down while their revenue increases, this shows they have a very good future ahead of them. They're expanding their business while their operating costs go down. Their gross margin are already very high and they would make a lot of profit if they weren't expanding so rapidly. I have zero issue with people claiming there is a debt bubble, but I don't concern myself with it because there's nothing I can do about it and it's unlikely to immediately pop. I think it's important for investors to get into the market, make profit, and have some plan to get out of there's another crash, otherwise the opportunity costs of staying out and worrying about bubbles are too great. I remember around 2011 I looked into the stock market, found a bunch of Zero Hedge articles about a incoming crash and decided it wasn't for me. I missed out on tens of thousands of dollars of profit because of it.
Tech wont show so much growth the next year anymore. It peaked in Covid crisis.
The old economy has gotten hammered down going minus 50 to 90%. The old economy is where the new growth will be at since tech will only grow in small steps and its likely to decline in 2 to 3 years when people forgot covid and everyone goes to the office and to business as usual
How would it ever “burst”? Calling in all their debts would ruin every lender, not just the borrowers. It would be mutually assured destruction. If the companies can’t pay they can renegotiate/restructure their debt. This party is never gonna stop except in localized and temporary events.
Joshua Butler
Kek ok boomer. Enjoy your 6% gains every year.
Levi Johnson
GIBBS preferentially goes to big businesses and not smaller ones. If anything there will be even more consolidation into megacaps with some large caps entering the space. Walmart already wiped out most local retail, now it'll leverage its huge market space to browbeat the few that have survived so it can cost cut Amazon.
