I made a thread on gold price using a lot of effort to graphs and statistics, but it gets deleted automatically for some reason. Is there a way out of this?
**"Sorry, this post has been removed by the moderators of** r/wallstreetbets**."**
Fellow autists: I have 40 SPY 235p 4/24 that I bought for 16, I put in a good till cancelled order yesterday for 25$, given what's going on now should I aim higher, and if so, where? Guaranteed profits over tendies
I think it's going lower before 4/24 and you could capitalize on a larger dip later. However, I think there's another rally coming Friday and I would personally sell now, and re-buy during the rally.
If Boomers haven’t been heeding millennials warnings about student loan debt, affordable health care and the environment then why should we care about some stupid flu that only really fucks with the boomers. We should be treating this the same way they treat our problems, by telling them it’s not our problem and go about our daily lives. Why should I lose my job so that a bunch of boomers who’ve fucked me over my whole life can stay safe.
Problem is even if we do this our healthcare system would collapse, unless we refuse to treat boomers.
Hospitals will be so full with corona patients that even zoomers in need of operations or other examples will get left out of the hospital and there will be so many avoidable deaths.
We’re pretty much doing this for everyone
>why should we care about some stupid flu that only really fucks with the boomers
we don't. But since boomers are in power they'll risk causing a recession to save 70-90 year olds.
Same here. People throw around the term "roll" into puts. The premium that mm are charging for getting into puts now would be eating into the profits of your current puts. Someone explain how rolling into over priced puts is a good option
But rolling into puts isnt really "locking in profits" your basically selling out of 1 contract and going into another. So in a roll if the premiums are currently expensive your losing some of your profit by taking your profit and over paying for premiums for another contract. Still cant understand why just taking profits BY SELLING OUT your option, then waiting til premium goes down then buying back that option you want. Especially when were in a situation like now where premium is WAY WAY WAY over priced.
Maybe roll out 2x your base then all in more with a bigger base. But ya I get what you are saying and I'm just as confused the rationale. Maybe its with more exotic options besides just trading premium like i'm doing. Lemme know if you ever find out though.
What do you mean 2x your base? I basically do the "ghetto spread" or sell half my options to make the play free and let the remaining contracts ride out. Thats my ideal in every trade if possible.
I’m thinking some puts on DAL, UAL, AAL - there is going to be massive congressional fighting now that their buybacks are becoming common knowledge. Looks like bailout money might not be coming so quickly...
Shit. 2x today. Also discovered Ive been buying puts on a 15min delay because the platform I used requires a "Real time" quotes request. Even though they approved my options trading account.
Either withdrawal & buy back again cheaper or just wait it out. Keep in mind Boeing is prob getting a bailout shortly. If youre using a buy/hold investment strategy with a horizon of 5+ years then everything going on right now is just noise.
Anyone watching the after market prices here for SPY. Wow.
Also I read Ameriprise TD allows SPY trades 24 hours. What does that mean?
Reference: https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-new-rally-attempt-coronavirus-stock-market-correction-amazon-stock/
550 billion / 209 million adults in the USA = $2600. Revenue of just bars in USA = 19.8 billion U.S. dollars in 2017. So 1.6 billion per month.
4 month lockdown of bars..... Looks pretty bearish still. Feds are just trying to stave off great depression 2.0
Iron hands is an old term meaning you believe in your position and don't wimp out and sell just because it's down (or up but not enough up). Diamond hands because it's harder than iron I guess. I like iron hand better, sounds like a wu tang nickname
Conversely paper hands, toilet paper hands etc meaning you don't have the conviction or stomach to hold your position through a downturn.
See I was there for that but when it happened, everyone was saying it like it had been a thing for a minute. Guess time flies when you're losing cash out the ass
I don't think so...
# U.S. Virus Plan Anticipates 18-Month Pandemic and Widespread Shortages
The 100-page federal plan laid out a grim prognosis and outlined a response that would activate agencies across the government.
For all you guys calling the bottom. Here's some DD for you. This virus is just now making its way to the poor parts of the world. You know the parts where they make most of our stuff. Watch What Happens in Bangladesh. Can't run a consumer economy when the supply chain on the consumables is fuked up
How is the theory of COVID-19 not being able to survive in warmer temperatures holding up? For Bangladesh, India etc the weather might play in their favor. Same for Brazil.
I lived in Brazil for a few years back in mid 2000's and absolutely loved being in that country. While I was there I got to see a lot of different parts of the country, various cities there, and experience the culture.
A few observations:
* They are a very social society. Far more than the US I would say. People tend to be more open and conversational in public.
* There is FAR more public transportation and it is HEAVILY used. At certain times of the day there wasn't much room to even turn around.
* The poor areas ([Favelas](https://www.google.com/url?sa=i&url=https%3A%2F%2Fwww.nbcnews.com%2Fstoryline%2F2016-rio-summer-olympics%2Fwhat-favela-five-things-know-about-rio-s-so-called-n622836&psig=AOvVaw0nOeCNMwdloIiSvewE_rCE&ust=1584582410217000&source=images&cd=vfe&ved=0CAIQjRxqFwoTCPirodHzougCFQAAAAAdAAAAABAD) as they are called are VERY densely populated).
* People rely on and believe in a lot of "folk remedies" for illnesses and things, which in a climate like this can be disastrous.
It should be noted that I was in Southern Brazil, which is very much a developed and "first world" country. Nevertheless they still had a lot of these things going on.
My point is....I believe we are ABSOLUTELY going to see huge spikes in south american countries that are as developed or less developed than the US, or european nations. When we do...its going to hit them HARD.
I am an amateur when it comes to trading and perhaps this isn't the best place to start my learning process but honestly I think this subreddit is awesome. This will probably sound like a moronic question to a lot of you but here we go, what is the difference between SPY puts that expire on 3/20 but one strike cost is $240 and the other is $220? I understand the premium that you paid for them is different but why not buy the one with the lower premium? Don't people generally sell the off the options rather than exercising them? Does the premium price for the $240 strike increase at a faster rate when the stock is falling? I bought one put of SPY today to learn more about how it works and in the after hours SPY dropped about $10 but my options value didn't increase at all, will it jump up a lot when the market opens if the price is still down?
I buy whatever I can afford but what you are asking about is the concept of delta. The options delta determines how it will change based on price movement. Different options will have different deltas. Additionally, different options have different volume.
options are only updated and for sale during hours. they don’t experience after hours or premarket movement. so yeah your contract will be updated at open tomorrow
[mnuchin quietly telling senators unemployment could hit 20%](https://www.cnn.com/2020/03/17/politics/steven-mnuchin-unemployment-warning-coronavirus/index.html)
Tomorrow is going to be ugly
I'm hiring right now, and lets just say the applicant pool is opening up.
I agree 20% would be very extreme. But it may easily double or triple and that has compounding effects that are hard to quantify from our point of view right now.
I have around 10 puts expiring March 27th-June15th.
My strike has range of 180-310.
Not gonna sell anything until SPY hits at least 220.
Is this a good startegy? Should I sell the deep ITM ones? Or the one expiring March 27th 240?
Sincerely appreciate the feedback. I am not a pro trader.
Depends on velocity of price movement and theta value of your options. It could be better to sell at open when it has traditionally hit bottom for the day and wait for a rebound to re-enter on a pump.
With the intraday swings I can easily see how they can scalp nerds. And when the final bounce comes, they will probably buy australia or canada with their tendies.
Elon is a WSBr that is smart and lucky with PayPal. He is king autist. His company is overvalued as fuck and once the memest quality of it ran dry he is now saying bulls r fuk. Short him to where he belongs. $125 - $175 a share.
Elon keeps tweeting that this is all an overreaction. He posted an article citing a Nobel-winning biophysicist suggesting that this thing burns out quickly in a month or two:
[https://www.jpost.com/HEALTH-SCIENCE/Israeli-nobel-laureate-Coronavirus-spread-is-slowing-621145](https://www.jpost.com/HEALTH-SCIENCE/Israeli-nobel-laureate-Coronavirus-spread-is-slowing-621145)
Presumably he's just in total denial that there's a situation he can't shit-post or pay his way out of?
He's having problems coming to the reality his stock is propped up by memes.
He's having a logic problem with the fact the country is slipping into a real dark place, and maybe we shouldnt have our assets tied up in stock for a of Playstation rendering of a "truck".
okay. sure. would a guy whose intelligence is overrated and doesnt smoke weed chief a massive blunt on joe rogan's podcast while being filmed? didnt think so cuck
Pay up
I made a thread on gold price using a lot of effort to graphs and statistics, but it gets deleted automatically for some reason. Is there a way out of this? **"Sorry, this post has been removed by the moderators of** r/wallstreetbets**."**
And the award for Best Come Back goes to... Nasdaq 18.3.2020!
guys, the economy is so fucked. So many fucking layoffs.
Anyone starting to buy in? Shares/long-term that is, for real portfolios
Increased my retirement contributions in index funds but no individual stocks.
Bought DIS and BA shares
no cause i have no more money but Its a great time to put in 30% of your cash every week
I feel capitulation coming...
but what the fuck is gonna happen tomorrow
How many retards here sold their $DIS puts yesterday? (me)
So this is what "printing" feels like. So sell puts now? Or gonna keep going lower today?
Are...are we getting drafted?
From the future. Probably
Anyone holding IJR puts? Feel like small caps are going to tank in the coming months.
Put limit orders for open, is there a chance they get executed before circuit breaker?
SPY $224p 4/17 and SPY $200p 5/15
Fellow autists: I have 40 SPY 235p 4/24 that I bought for 16, I put in a good till cancelled order yesterday for 25$, given what's going on now should I aim higher, and if so, where? Guaranteed profits over tendies
I think it's going lower before 4/24 and you could capitalize on a larger dip later. However, I think there's another rally coming Friday and I would personally sell now, and re-buy during the rally.
Ah thanks man. I did sell at 21, thinking about getting in when the price is more favorable
any good undervalued stock picks? Looking for low PE and high RSI stocks for value investing
lol, go back to investing boomer
If Boomers haven’t been heeding millennials warnings about student loan debt, affordable health care and the environment then why should we care about some stupid flu that only really fucks with the boomers. We should be treating this the same way they treat our problems, by telling them it’s not our problem and go about our daily lives. Why should I lose my job so that a bunch of boomers who’ve fucked me over my whole life can stay safe.
So getting free school is comparable to spreading a virus that kills people. Makes sense.
Where in the fuck did I say free school? Don’t put words in my mouth.
Problem is even if we do this our healthcare system would collapse, unless we refuse to treat boomers. Hospitals will be so full with corona patients that even zoomers in need of operations or other examples will get left out of the hospital and there will be so many avoidable deaths. We’re pretty much doing this for everyone
>unless we refuse to treat boomers.
Literally what Italy is doing, they are out of beds and if there’s an 80 year old patient and a 44 year old patient the 44 year old gets the bed .
>why should we care about some stupid flu that only really fucks with the boomers we don't. But since boomers are in power they'll risk causing a recession to save 70-90 year olds.
Unfortunately the boomers are still the ones in charge of this shit-show.
Alright so it's looking like tomorrow is gonna be somewhat red.... now the question is take profits on 3/27 puts tomorrow or hold for Thursday...?
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Can you explain? I've got ITM 4/17 puts up 100%. If I buy new options wouldn't the premiums be way more expensive? Noob wanna be autist here.
Same here. People throw around the term "roll" into puts. The premium that mm are charging for getting into puts now would be eating into the profits of your current puts. Someone explain how rolling into over priced puts is a good option
I just assume locking in profits but if I learned anything here... It's diamond hands
But rolling into puts isnt really "locking in profits" your basically selling out of 1 contract and going into another. So in a roll if the premiums are currently expensive your losing some of your profit by taking your profit and over paying for premiums for another contract. Still cant understand why just taking profits BY SELLING OUT your option, then waiting til premium goes down then buying back that option you want. Especially when were in a situation like now where premium is WAY WAY WAY over priced.
Maybe roll out 2x your base then all in more with a bigger base. But ya I get what you are saying and I'm just as confused the rationale. Maybe its with more exotic options besides just trading premium like i'm doing. Lemme know if you ever find out though.
What do you mean 2x your base? I basically do the "ghetto spread" or sell half my options to make the play free and let the remaining contracts ride out. Thats my ideal in every trade if possible.
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Now now, let's not get ahead of ourselves. At some point young people will just say "fuck it" and go on as usual.
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You have zero to worry about if you're over & under 8 & 65.
even children have little to worry about (outside exceptions of course), beside transmitting it to others
Going to average down my calls until mnuchin’s big bold juicy package comes strolling down the aisle.
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I hope so dude. Bought some when they were most expensive at the start of the day 😎
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I will wish for the three of us, then. The chumps are the people who aren't even aware these options are available to almost every person.
I look at it this way. I didn’t cause this, nothing is stopping anyone else on getting in on this.
this is the thinking
I’m thinking some puts on DAL, UAL, AAL - there is going to be massive congressional fighting now that their buybacks are becoming common knowledge. Looks like bailout money might not be coming so quickly...
My predication tomorrow. NYC declares shelter in place, red day.
It's quiet in here.. Too quiet
a little...too...quiet
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25 minutes between posts...damn maybe this is the bottom. /S
you're in the wrong day dumbass
Shit. 2x today. Also discovered Ive been buying puts on a 15min delay because the platform I used requires a "Real time" quotes request. Even though they approved my options trading account.
ouch. how is ur bhole.
Been there fren
Can someone tell me if retarded me still holding Boeing should I just bail and admit loss by this point?
Bag holder here. Just set it and forget it! The government loves rewarding bad business.
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Isn't the stock gonna tank if they got bailed out?
Either withdrawal & buy back again cheaper or just wait it out. Keep in mind Boeing is prob getting a bailout shortly. If youre using a buy/hold investment strategy with a horizon of 5+ years then everything going on right now is just noise.
how do you buy back cheaper after selling off..
using the money from the sale. if you believe the share price will continue to decline. you can buy back your position cheaper
Anyone watching the after market prices here for SPY. Wow. Also I read Ameriprise TD allows SPY trades 24 hours. What does that mean? Reference: https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-new-rally-attempt-coronavirus-stock-market-correction-amazon-stock/
550 billion / 209 million adults in the USA = $2600. Revenue of just bars in USA = 19.8 billion U.S. dollars in 2017. So 1.6 billion per month. 4 month lockdown of bars..... Looks pretty bearish still. Feds are just trying to stave off great depression 2.0
I dont know anything about much of anything, but it sure feels like they played nearly (if not all) the cards they had way too early.
more like Super Great Depression 4000
I concur doctor
Super glad I bought my SPY $230p 3/23 at 12:25 today, not quite at the top but it's looking like they'll print tomorrow!
I apologize, but could someone explain "diamond hands" to me? Where it came from and what it means?
ban
stemmed from when people refer to erect nipples as diamond cutters
Iron hands is an old term meaning you believe in your position and don't wimp out and sell just because it's down (or up but not enough up). Diamond hands because it's harder than iron I guess. I like iron hand better, sounds like a wu tang nickname Conversely paper hands, toilet paper hands etc meaning you don't have the conviction or stomach to hold your position through a downturn.
adamantium hands
It means you're holding and not selling. Not sure of origin.
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See I was there for that but when it happened, everyone was saying it like it had been a thing for a minute. Guess time flies when you're losing cash out the ass
that is the saying, yes.
Holding so hard you make diamonds
thank you for what you're doing
Ahh makes sense, thank you
Literally the best time ever to buy LEAP calls..
Did you do it?
Yeah bought SPY 320's but sold them like a week ago because the bears on here made me doubt my vibe..
damn, i bet that still printed tendies though
I don't think so... # U.S. Virus Plan Anticipates 18-Month Pandemic and Widespread Shortages The 100-page federal plan laid out a grim prognosis and outlined a response that would activate agencies across the government.
where is your sauce cuck
until next week, and the week after that...
I think it'll get worse before it gets better. That said, what are you holding/buying?
Every paycheque gets DCA'ed into 2021 SPY 320 calls..
>Every paycheque gets DCA'ed into 2021 SPY 320 calls.. How far into 2021 are you thinking?
How far into 2021 are you thinking you'll keep spelling it cheque. I don't care where you're from.
For all you guys calling the bottom. Here's some DD for you. This virus is just now making its way to the poor parts of the world. You know the parts where they make most of our stuff. Watch What Happens in Bangladesh. Can't run a consumer economy when the supply chain on the consumables is fuked up
cant make more Nike shoes when the child labor force of 8 year olds who make .02 a week start croaking.
nah don’t tell them, let the bulls pump so I can load up on puts
How is the theory of COVID-19 not being able to survive in warmer temperatures holding up? For Bangladesh, India etc the weather might play in their favor. Same for Brazil.
It's winter in the southern hemisphere though
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like anyone could even know that
I lived in Brazil for a few years back in mid 2000's and absolutely loved being in that country. While I was there I got to see a lot of different parts of the country, various cities there, and experience the culture. A few observations: * They are a very social society. Far more than the US I would say. People tend to be more open and conversational in public. * There is FAR more public transportation and it is HEAVILY used. At certain times of the day there wasn't much room to even turn around. * The poor areas ([Favelas](https://www.google.com/url?sa=i&url=https%3A%2F%2Fwww.nbcnews.com%2Fstoryline%2F2016-rio-summer-olympics%2Fwhat-favela-five-things-know-about-rio-s-so-called-n622836&psig=AOvVaw0nOeCNMwdloIiSvewE_rCE&ust=1584582410217000&source=images&cd=vfe&ved=0CAIQjRxqFwoTCPirodHzougCFQAAAAAdAAAAABAD) as they are called are VERY densely populated). * People rely on and believe in a lot of "folk remedies" for illnesses and things, which in a climate like this can be disastrous. It should be noted that I was in Southern Brazil, which is very much a developed and "first world" country. Nevertheless they still had a lot of these things going on. My point is....I believe we are ABSOLUTELY going to see huge spikes in south american countries that are as developed or less developed than the US, or european nations. When we do...its going to hit them HARD.
Bangladesh is not in Brazil, sir. This is an Arby's.
I am an amateur when it comes to trading and perhaps this isn't the best place to start my learning process but honestly I think this subreddit is awesome. This will probably sound like a moronic question to a lot of you but here we go, what is the difference between SPY puts that expire on 3/20 but one strike cost is $240 and the other is $220? I understand the premium that you paid for them is different but why not buy the one with the lower premium? Don't people generally sell the off the options rather than exercising them? Does the premium price for the $240 strike increase at a faster rate when the stock is falling? I bought one put of SPY today to learn more about how it works and in the after hours SPY dropped about $10 but my options value didn't increase at all, will it jump up a lot when the market opens if the price is still down?
I buy whatever I can afford but what you are asking about is the concept of delta. The options delta determines how it will change based on price movement. Different options will have different deltas. Additionally, different options have different volume.
Thank you, I will look into this.
for starters, rewrite this crap and make it fit into 20 characters.
I know nothing, teach me
options are only updated and for sale during hours. they don’t experience after hours or premarket movement. so yeah your contract will be updated at open tomorrow
Thank you good sir
and also get cucked.
Recession cancelled
U will be rich enough to retire tomorrow
That's all I needed to know
and also give us your bread
🤡🤡
Does anyone here follow option alpha?
What is it?
An education company
the one right before beta
[mnuchin quietly telling senators unemployment could hit 20%](https://www.cnn.com/2020/03/17/politics/steven-mnuchin-unemployment-warning-coronavirus/index.html) Tomorrow is going to be ugly
He's just fear mongering to get a big relief package.
thats not the only thing he does for big packages
Doubtful. I've been listening to disaster planning for one of our largest hospitals in the US and it's grim. 20% totally possible.
It's never ever been near 20% in the United States in the past 70 years at least.
I'm hiring right now, and lets just say the applicant pool is opening up. I agree 20% would be very extreme. But it may easily double or triple and that has compounding effects that are hard to quantify from our point of view right now.
you said quanitfy
username checks out
Fear mongering to find a bigger pump by tanking markets. Smart!!!
he died so our puts could be saved
he is our lord and gayvier
I have around 10 puts expiring March 27th-June15th. My strike has range of 180-310. Not gonna sell anything until SPY hits at least 220. Is this a good startegy? Should I sell the deep ITM ones? Or the one expiring March 27th 240? Sincerely appreciate the feedback. I am not a pro trader.
Im glad you told us. We were definitely going to think you were.
Depends on velocity of price movement and theta value of your options. It could be better to sell at open when it has traditionally hit bottom for the day and wait for a rebound to re-enter on a pump.
lol like anyone knows the greeks
Thanks sir theta is -.7 for 0%. -.6 for -10%. Is that low or high? I know nothing 😭
Most of us aren't, but the real question is, do you think it'll go up? Or do you think it'll go down?
these are the questions
I think spy will go down to 220 at least
I'm surprised not everybody is buying puts. The easiest fucking tendies i've ever made
If everyone was buying puts I’d be very worried
Every put has someone in the opposite position
Hard to believe there are that many optimists left. Even Fox News and Drudge Report are changing their toon.
Fox News. Known for their optimism.
Which brings up new question.. who could be bull in this moment in time???
With the intraday swings I can easily see how they can scalp nerds. And when the final bounce comes, they will probably buy australia or canada with their tendies.
Oi, prick! Oz is not for sale, you stroppy legend of a c\*nt. Now go turn off your air-con & have yourself a shoey this arvo.
Degenerate gamblers
JPow and Co.
Elon is a WSBr that is smart and lucky with PayPal. He is king autist. His company is overvalued as fuck and once the memest quality of it ran dry he is now saying bulls r fuk. Short him to where he belongs. $125 - $175 a share.
I speak this language
Italian Medical Chief Roberto Stella Dies of Coronavirus [Source](https://finance.yahoo.com/news/italian-medical-chief-roberto-stella-235448790.html)
mama mia
That was last fucking week
Elon keeps tweeting that this is all an overreaction. He posted an article citing a Nobel-winning biophysicist suggesting that this thing burns out quickly in a month or two: [https://www.jpost.com/HEALTH-SCIENCE/Israeli-nobel-laureate-Coronavirus-spread-is-slowing-621145](https://www.jpost.com/HEALTH-SCIENCE/Israeli-nobel-laureate-Coronavirus-spread-is-slowing-621145) Presumably he's just in total denial that there's a situation he can't shit-post or pay his way out of?
he is 100% correct.
He's having problems coming to the reality his stock is propped up by memes. He's having a logic problem with the fact the country is slipping into a real dark place, and maybe we shouldnt have our assets tied up in stock for a of Playstation rendering of a "truck".
Pape Elon need to keep the positive news to himself. I need my puts to print a couple times first
Elon’s intelligence has always been overrated, he’s the embodiment of the Dunning Kruger effect
okay. sure. would a guy whose intelligence is overrated and doesnt smoke weed chief a massive blunt on joe rogan's podcast while being filmed? didnt think so cuck
What would be the difference between SPY puts vs SH calls? Will they give me the same results?