Yea no I have 35 shares. More than enough for me. I am holding for the hopeful moon shot but may unload them soon.If you hold shares of GME, shorting would neutralize your position and you will likely have to pay borrowing interest.
Do you have a hundred shares? You could sell covered calls to capitalize on the premium and bring your cost basis down. Of course you will miss out on the hypothetical moon landing. I think you should sell your calls as limit orders so they only execute when the stock is going up. The momentum swings seem to have a large impact on option prices.
I set a limit sell order for 5 puts at .87. This would make the trade profitable (too high to calculate the percentage) with 10 contracts riding free.All the short talk got me hot. I bought 15 puts on BLNK 4/23 $36.50 @ .18. It expires today. BLNK is a terrible company that will likely go below $5 within a few years. If this ends in the money I will let a few exercise just to get in short. HTB Interest is at 40% on BLNK.
I sold for about a 0.3% gain or roughly the same as holding Amazon for 6 months.I'm finally green!!
All the degenerate gamblers ... Ah, I mean "traders" in here and I'm the only one shorting stocks?
Shorted a few GME, MARA, and RIOT.
"Bold move Cotton ... let's see if it pays off."
It's so easy even a Caveman can do itI was successful shorting Sears from $10.00 to about $.15 for a 99% gain. I went into it with at least 2X my short bet set aside to cover any short term upswing. GME is more intimidating. What would you do if the stock spiked up to 1,500 and you were down 10x your short bet?
I recently shorted BLNK after allowing a few puts to exercise. I was lucky enough to time my cover purchase well. The brokers also charge interest on shorts if the shares are considered hard to borrow, might start when the float is 10-20% borrowed and the interest is charged daily at an APR of ~10-100%
I like the industry in the long run so I'm hanging on to itI sold for about a 0.3% gain or roughly the same as holding Amazon for 6 months.
$35? Hope it was stuffed with cocaine. Jesus....Just took my kid to the aquarium and spent 35 bucks on a GD stuffed animal so I need today’s gains to hold. Smh
The lady asked me when I was paying if I wanted to make a donation to the aquarium and I blurted out “what do you think I just did”. #### those turtles man, this whole day cost me a 150 bucks if that isn’t saving them I can’t help you anymore.$35? Hope it was stuffed with cocaine. Jesus....
Well lately I haven't been able to pick a winner .... But I'm having no trouble picking losers. I seem to be able to do that without even trying.We tend to do the opposite of what you do.
Can't wait until you have MOAR kids.The lady asked me when I was paying if I wanted to make a donation to the aquarium and I blurted out “what do you think I just did”. #### those turtles man, this whole day cost me a 150 bucks if that isn’t saving them I can’t help you anymore.
You mentioned shorting and bam, great two days. Keep it up!Well lately I haven't been able to pick a winner .... But I'm having no trouble picking losers. I seem to be able to do that without even trying.
Figured go with what I'm good at.
LOL. I went last week and watched a guy with an iPad show a gorilla old family videos. The gorilla's family -- they've since been separated. This man has been going there 17 years, since that gorilla was born.Just took my kid to the aquarium and spent 35 bucks on a GD stuffed animal so I need today’s gains to hold. Smh
What I would have given for that lady to know you're invested in CYDY when you said that.The lady asked me when I was paying if I wanted to make a donation to the aquarium and I blurted out “what do you think I just did”. #### those turtles man, this whole day cost me a 150 bucks if that isn’t saving them I can’t help you anymore.
She wouldn't have asked since she'd know the donation is coming in 2 weeksWhat I would have given for that lady to know you're invested in CYDY when you said that.
LOL. I went last week and watched a guy with an iPad show a gorilla old family videos. The gorilla's family -- they've since been separated. This man has been going there 17 years, since that gorilla was born.
While other gorilla's were eating, this one sat by the window and watched videos of loved ones for no less than 10 minutes.
I was on edibles and I have to tell you, my mind was blown.
Still holding EHVVF. Up 73% today. Still down 53% overall... lol$TRUFF with a nice bump today!
That's like the price of a hot dog and small fry at Disney.Just took my kid to the aquarium and spent 35 bucks on a GD stuffed animal so I need today’s gains to hold. Smh
Those 50% drops take 100% gains to get back to even!Still holding EHVVF. Up 73% today. Still down 53% overall... lol
I know... Finished up 86% today.Those 50% drops take 100% gains to get back to even!
Hmmm not a bad idea. I should start a ODCTTAIMICSTFGBNWDUWTHTADRLT basket too.Opened up small positions in SNOW and PLTR but treating them like one position allocation wise (so half a position each once my buying stages are over) which I’m calling my “Opaque Data Companies That Try As I Might I Can’t Seem To Fully Grasp But Nerds Who Do Understand What The Hell They Actually Do Really Like Them” basket. If one dramatically outperforms the other over time I’ll sell the other and buy the winner if it makes sense.
Pretty sure this is what came out of my mouth when a peace officer asked me to recite the alphabet backwards.Hmmm not a bad idea. I should start a ODCTTAIMICSTFGBNWDUWTHTADRLT basket too.
Pretty sure our bitcoin guy @hooter311 already sold his zebra and there were some issues previously with his wallaby.Sounds like instead of stocks we need to invest in some animals and start a zoo.
I was going to tag him but i didnt want to derail the thread but yes, he is the guy for this!Pretty sure our bitcoin guy @hooter311 already sold his zebra and there were some issues previously with his wallaby.
Pretty sure our bitcoin guy @hooter311 already sold his zebra and there were some issues previously with his wallaby.
He's been pretty quiet. Something tells me he exited his monopoly positions after completing his pump.I was going to tag him but i didnt want to derail the thread but yes, he is the guy for this!
I sir, love nothing more than a call back. Completely forgot he was the one with the wallaby. Bravo!Pretty sure our bitcoin guy @hooter311 already sold his zebra and there were some issues previously with his wallaby.
I had a small incident with the campus police a long time ago, was rolling around on the hood of the campus po car for some unknown reason. Well our student ID was our social (very secure back then) and my friends said when they asked me, I rattled off about 40 numbers. I woke up in the college hospital with a really sore nose and cheek because they just put me in a wheelchair and I must have fallen out.Pretty sure this is what came out of my mouth when a peace officer asked me to recite the alphabet backwards.
I shorted it after it started to fail around $13.These were my OCGN moves Friday:
in at $7.50, out at $8
In at $8.50, out at $9.90
In at $10.20...held after it hit $13 twice...it fell a bit and I decided $12 would be a good exit. Set my sell limit and it climbed to about $11.97 and was just about to trigger my sell when out of nowhere dropped down to mid 9s in about 10 seconds on the direct offering news. I held and sold at $10.25, glad to be out without a loss
What a fun Rollercoaster rode that was.
I might get back in on Monday and see what happens.
Ah HA!I shorted it after it started to fail around $13.
I didn't have enough patience though and ended up covering for a profit of about $1/share right before the offering news sent it into a circuit halt down.
Sucks to miss that by a few minutes but was trying to manage risk and I was worried it would squeeze out a bit into close when 3pm+ covers started coming in.
Offshore crypto-derivatives exchanges offer individual investors high degrees of leverage. At Binance, for instance, investors can get leverage of 125 to 1 for some futures contracts, meaning they can deposit just 80 cents to amass the equivalent of $100 of bitcoin. By comparison, an investor trading bitcoin futures on CME Group Inc., a regulated U.S. exchange, would need to deposit at least $38 and would likely be required to post more margin by their brokerage.Ah HA!
So there IS some shorting going on in here...
Looks like the bitcoin related stocks could tumble a bit tomorrow morning.
Another opportunity presents itself
Good run up for amazon till Thursday, drop after.It's Apple and Amazonk week. Any predictions?
Only like another 250% on all these shroom stocks and I will be back to even!MMEDF hitting the Nasdaq Tuesday is going to bring up their entire sector. If you are going to be in it makes sense to spread it out among a few companies since it is so speculative.
Will be picking up a little more MMEDF tomorrow and still like TRUFF a lot.
I think another run is coming. Bottom line nothing in the next year matters though.Only like another 250% on all these shroom stocks and I will be back to even!
Hopefully, this rubs off on CMPS as I own some of that. Same sector, but I'm down a little on it.Rick Perry petitioning for psilocybin in Texas. Seems like an unlikely combo but should give credibility that there is an awareness coming around
https://people.com/politics/rick-perry-urges-texas-to-launch-study-into-using-magic-mushrooms-to-treat-veterans-with-ptsd/
I think it will.Hopefully, this rubs off on CMPS as I own some of that. Same sector, but I'm down a little on it.
In MUDS 5000 at $11.33. Lets rock babyI’m all in on this MUDS, decided to focus my secondary account on 1-2 targets. Was a bit late, but in for a yolo amount at 12.67. I think this thing has serious legs.
That’s all I have in my play account besides a minuscule amount of QS.
Note: This is not financial advice
Todem runs my real account to make sure I can really retire.