So if I start writing/selling options Im basically just selling a call/put and going negative right? So whatever the contract is selling for right now is how much I pocket and I just hope for it to expire?
so for example, 10/23 16c for GME right now is asking for 0.14/share That means I can sell 10 covered call for $100.40, minus whatever commission costs, and when it closes for less than $16 tomorrow, I got paid $100 because someone bought the lotto tickets I was selling?
Wyatt Wood
i hope you dont mean dividends
Cameron Bailey
Oh you poor poor fool. How much was clinton up at this point in time compared to Trump? In Michigan, Clinton was up by 9 points. Trump won Michigan. Biden, in comparison, is up by 8 points. Wisconsin? Clinton was ahead by 7.7 at this point, and Trump won. Biden is ahead by 6.3 right now.
Do you see where Im going with this? Again, other than general election, no indicators show Trump will lose to him.
Leo Myers
>Stock market rises as stimulus talks resume
Wake me up from this nightmare. They are pulling the same shit for month and it still works.
Oliver Richardson
>Steady crab up >80% IV Is this the options seller's dream stock?
Robert Gutierrez
>i hope you dont mean dividends Why? I meant investing in general, but I do get paid dividends.
wtf is up with nak on t212? I've been trying to liquidate this trash for 4-5 hours and hasn't gone through. There has to be SOMEONE out there who'd want this bag of shit
If you sold 10 at .14 you get paid $140 its all fun and games until GME randomly goes up 50% and now you're fucked with either tiny profits or buying back expensive calls and trying to roll over.
James Sullivan
Symmetrical Triangle. No definitive direction.
Camden Taylor
yes, i wouldnt do naked calls on this shit but also im too greedy and maybe there's a 13D filing tonight so maybe nah.
I guess I'll just do it with AMD after Im done with GME
David Morgan
stimulus news leaked buddy
Samuel Richardson
I’m stuck losing all my gains from previous month and holding this stupid UVXY shit. Should I sell it at a loss? If so, what stock can get me $110 back?
I’m sick of this bullshit Clown World Market. No stimulus but big pumps
when houses cost 5 million for a 500 ft shack in rural Wyoming and bread is $50 people will wonder why
Parker Stewart
Nah you can leave though
Ayden Bell
I scoffed at GE when it was at 5.80, but bought F at 6.50. I messed up big time by throwing too much at AAPL at 110 instead of GE. Should’ve trusted myself.
Michael King
its almost as if the market is irrational or doesnt care what you think
Angel Morgan
>Apple delayed the iphone 12 to obscure how many would be sold by reporting day
There's too many strike against them these days. I might have to finally sell them.
Blake Moore
So has those fucks in congress passed/agreed on a stimulus bill yet? If the 2400 bucks ain't in it fuck them..
Levi Jenkins
youre not wrong
good luck
Jack Ross
In like a refined patrician way, or like a bitch that gossips and "nay nays"
I fail to interpret it, please explain as you would to what you said, a retard
Brayden Rodriguez
rh is retarded. I refuse to use chink charts whats a good platform?
Our Father Who coom in Heaven Gamestop be thy name Thy gains have come Thy shorts be done On /smg/ as it is in heaven Give us this day our daily green And forgive us our shitposts As we laugh at those who FUD against us And lead us not into liquidation But deliver us from bears Amen
Andrew Morgan
this market is fucking retarded go up or down dipshit
So is GME just going to crab at around $14.80 today and tomorrow, with zero attacks against resistance? Reminder that there's 1-2 year old bagholders who WILL sell their bags between %16 and $20, making going very slow. At this rate, we won't get past it just on news. It looks like the squeeze requires the squeeze, which is... questionable...
Jacob Mitchell
TA's say that the cup and handle daily formation is a bullish sign if there is low volume on the handle portion that is further confirmation in their eyes
Mason Powell
Sounds like a call buying opportunity
Ayden Long
>tfw making an extra 4% on all my positions monthly from covvies
Hyliion bros, i was literally just about to sell a covered call for this friday
Owen Morgan
Overvalued and will fall like the raging flow of of the rivers of gonorhea after the drought of kidney stones?
Luke Adams
A return to feudalism is the solution to the grim darkness of the future. Most wagies would eagerly sign up to be peasants, if they knew it promised a house, a wife, and a stable job.
