Dang.... I was just kidding. LoL
U guys know why u almost never see ninjas on this board ?
Because I'm a freakin ninja, man....
This board is like The Ring. If you read it all the way through, a year later you get soul melted by a freaky entity that emerges from the Well.of Think or Swim
So, what happened to this board?
You been drinking? LOL
Hope you enjoy the holidays! I was supposed to head down to Florida Wednesday night...aaaand a few hours before we were supposed to leave, I get a phone call. Mother in law is sick, suspected COVID (had to schedule a test) and we were in close contact a few days prior to her becoming symptomatic. Trip canceled.
Aaaaand if she tests positive, that will be the second time I've ended up quarantined as a close contact in the past month. I just got out of quarantine a week earlier after my brother in law tested positive. Arrrrgggghhh (pretend that's because I'm a pirate and not frustrated). lol
And after careful review... no I did not delete that one... just so you now what could have been...
Here's to what is arrrrrguably one of the more thunkt treasurisations of thread I've ever buried as digital, social,, moral, and/or economic archive. I revisit it with a warm heart...
Good to hear from ya!
I've been battling the urge to sell my VXX and SPY options...I think they could run extremely well into next week, but I also know I am a sucker for holding on too long and losing my ass. lol
I got $46 VXX calls and $265 SPY puts expiring 11/6.
Paid $.07 for VXX and $.10 for SPY.
As of market close it looks like VXX is at $.475 and SPY at $.43.
I wish I'd put more than $300 into it now but at the time I thought it was a crazy bet and I could lose everything right out the gate. I did sell half already so I'm out nothing if I do hold too long. Sure would be nice to not lose all my gains though. Might see where things are tomorrow and/or Friday and sell out then. Holding over the weekend could get really risky especially if the market bounces for god knows what reason. Then again I'm seeing Europe is now locking back down...that could crash the markets significantly further and put my options in the money. Crazy ride!
We'll see either way... I'll update my outcome here.
IMO.... Historically... the market likes post election . Regardless of my views, vote , etc...
This year I am on the fence. Economic lock down and stimulus to isolate is a whacked variable.
A Biden win could make those vxx calls skyrocket.
The trick we play with options is...
The guys that sell us those contracts aren't fools.
Check your greeks and Understand how they can become "max pain"
The Big Short is not a comedic documentary IMO. It is a warning... I dont have a seat at the table... I win only if they let me...
those who celebrate most... live longer...
If you suddenly feel like a loser... buy a lottery ticket
And.. there are no better advantages than education and experience
Hey all, hope everyone is doing well!
Any of you setting up for the potential election week panic?
I bought some deep out of the money VXX calls and SPY puts this morning. Total gamble play but if mass hysteria ensues on November 4th, could make a really nice profit, I hope...lol
I would only Buy for 2 Days...To Volitile..
Not too long ago I paying spot price for it..
You all hang in there!
I do believe things are going to get much worse...our government has lost their freaking minds. We bought a large freezer and have a quarter cow and half a hog on the way. Also been preparing for a SHTF scenario. My wife thinks I'm crazy, but the perfect storm is brewing.
I thought about buying into the market when the Dow got down to around 18,500 but then they passed the major stimulus package and boosted the market. I am worried that boost will only be temporary and things will tank again. I am playing a penny stock though...but don't have high hopes for it. Got in low enough I just need a big bounce.
Already doing that....Silver is like $5 over spot.....Unless you buy 400oz bars.
I know a lot of people gambling online with them!
Start Buying Physical Gold and Silver...If you can find it at a decent Price..
Prolly gonna get worse.......
Hope Everyone is Doing Okay...Tough Times out there....NJ is Closed and Summer Business's are going to get Creamed, Really Sucks...
Doing Okay...Just Trading a Little here and There..Got a Nice chunk of DKNG (Draft Kings) when it went Public and am up close to $7.00 a Share so far... Once Sports Comes back this will Explode, Plus they just Started Online Casino...Check it out...Options are too high and Earning are the 15th so Be careful.
$NIO Pincher Set up
Awww I missed it!
I'm playing in the OTC a lil...market's still too crazy to get too heavily into it. I feel like I'll just lose it all after one wrong tweet lol
Heck yeah... SPY and AMZN puts are making huge cash. VXX calls have been on fire also. Time to start watching for the pinch play the other way...
GL to all
I didn't want my post on it showing up in search results when asking for Sam's thoughts...mainly because say (hypothetically) if that group behind the upcoming run thinks he's holding a huge bag and he replied saying he expects to see a pop to to $.30...they may decide to run it to $.25 before they unload, and so on.
Gotta watch some of the traders...they'll double cross you any way they can to make a quick buck.
Why are you not putting the whole ticker in your post?
Hey Sam, got your message. I’m not paying for Ihub so can’t private reply.
Keep an Eye on it...Once those Shares are removed it should run pretty good.
I tossed some change into B*CH yesterday...only $100 to keep the wife from kicking my ass. lol
Already up and looking good...I need to get my stockcharts subscription back I guess...
Any realistic thoughts on how high you think it could pop? Obviously there's a group in there pumping it and I don't wanna be holding my little bag when they decide to move on. hahaha
Ey Cap'n. Good to hear from you. I haven't played in a couple of weeks now. Starting to get a twitch.
Kids are out of school, so we're beach bummin around Florida for a couple of weeks more.
Here's to hoping you and the crew have a full sail...
How did you do with them? I crushed SPY several times for 10X this week all while I was working..
$NIO China’s Nio Inc will form a joint venture with Beijing E-Town International Investment and Development Co. Ltd which will invest 10 billion yuan ($1.45 billion) in the new entity, the electric vehicle (EV) maker said in a statement on Tuesday.
E-Town Capital will support a new manufacturing facility for Nio’s next-generation platform 2.0 (NP2) vehicles, it said, adding the parties are continuing to work towards a final binding definitive agreement on the investment.