, refer to But yeah, in general, I think calls on leveraged ETFs aren't as bad as boomers make them out to be as long as you're safe and smart with what you do.
Blake Powell
I tried shorting Apple today and lost over 2 grand. I’m not bitter about it but I hope Jerome Powell receives a shotgun blast to the face.
Aiden Reed
user who talked about buying oil, what are your reasons? I thought ruskies and saudis are still pumping it
Sold my TQQQ and FNGU today near the top, hoping to get some cheapies tomorrow. How's everyone feel about the rest of the week? Anyone holding over the weekend?
The hurricane is going to buttfuck a bunch of gulf coast oil operations, prices will probably go up for a short time. Oil continues to be a fairly shitty long term play but you might be able to squeeze some hurricane season gains out
Jack Jenkins
I second this
not for any reason except the fact that he's an absolute fuckhead
John Jones
Something about hurricanes. I think they're wrong and have had runaway success with solar. I like FSLR but there's others too.
My thesis is that global warming will increase demand for air conditioning and clean energy. So I bought CARR and FSLR. They've been some of my best stocks.
Juan Nguyen
trchlight ripppppping in the ah
Jeremiah Gray
We are talking about wti futures, of course, and not some shitty companies, correct?
Thomas Martin
Why do people BUY options that have less than 1 week until expiration? I can understand selling them...... but there are a shitload of people that bought 8/28 calls this week that are insanely OTM.
Nolan Anderson
Future what?
Michael Wright
if you told me that we'll hit circuit breakers thursday and friday after China invades Taiwan I'd believe you
If you told me we'd hit ATHs on each index thursday and friday I'd also believe you
We're in the fun zone where anything is possible
Owen Wilson
Where do you buy WTI oil futures? Can you do it with a couple hundred or a few thousand? Or do you need shitloads of cash
Okay if my puts don't print tomorrow I'll stop being a bear forever and put everything in tech calls, I promise
Logan Jackson
>My thesis is that global warming will increase lmao the earth has been cooling since 1980s. stop drinking the green koolade and think for yourself for once
Jaxon Jenkins
Idk. I'm just asking, why people are talking about oil. I don't mess with things I don't understand
Elijah Allen
if you have to ask you probably shouldn't be fucking with futures contracts lest you accidentally end up taking physical delivery of 10,000 barrels of oil
Xavier Wright
AFTERHOURS SMG IS FOR CUNNY POSTING AND NOT ALLOWING BEARS TO CUM
That’s my point. You have to take delivery of the oil or pay nasty penalties. So I wouldn’t be able to buy them anyway. You would need a shitload of credit
Robert Diaz
so what should I watch out for tomorrow for the dip
Thomas Watson
Tesla and Apple gains no doubt. I should of never tried shorting Apple.
Angel Sanchez
>smoke from california fires visible in Kansas >two hurricanes in the gulf at the same time >siberia on fire >Greenland ice sheet past tipping point >permafrost melting will only act as accelerant >hurr durr muh hockey stick
USO is an ETF that holds WTI futures contracts, but research contango before investing
You don't have to take physical delivery if you play futures, you can roll them over, that's what WTI does and where contango comes from
TQQQ, FNGU, TSM, maybe HIBL but that's been shitty lately. The first two without a doubt though, if you want to get in on consistent Facebook, Apple, Tesla and Netflix gains
Gavin Brown
Kek. What if I buy gold futures contracts? That's 100 Troy Ounces of gold?
someone red pill me on options. Seems like a higher risk/reward, but when stonks only go up, could just be multiplied winnings. Never used them but kind of curious.
Joseph Davis
thinking anyone takes delivery on wti
Noah Long
Before close Apple calls jumped significantly.
Connor Turner
By the way, most of the businesses/people that buy the contracts can’t actually take delivery of the oil lol. The contract completely fucks you if you can’t take the oil off their hands
Ayden Richardson
Is shit goes south, you can easily go into significant debt, unless you take the oil
Jose Martin
I enjoyed the last 55 minutes of the day with that apple pump
Right now I have $10K in TDA and $20K in my Vanguard IRA
should I take the early IRA withdrawal penalty to transfer to my TDA account and buy more stonks?
Jonathan Williams
if you buy enough gold futures contracts and demand delivery (and have the cash to actually pay for it ofc) you can fuck the market because most contracts are cash settled
Anyone can take delivery of oil if you have a big enough tanker truck and a motel room in Cushing
Justin James
You should kill yourself instead.
Connor Scott
10x potential but you lose 9 out of 10 times.
Cooper Sanders
I sold an option a week out and now it’s in the money so fuck me right
Jason Flores
>Oh no I have a swimming pool full of gold I know, I'd be upset.
