10/14 Thread (General):

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Futures green , Hang seng closed , Bitcoin ripping. Tomorrow is fun

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I think it’s going to make new highs.
Inflation is more real than ever now, and each debt ceiling kerfuffle only makes more people interested.

Opened a position in LCID, the deliveries this month should make it run higher

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Nice overnight moves. Looks like 4400 is the gamma pin for the SPX so we may have seen most the immediate rally already.

Likely GDP acceleration plus sticky inflation means Q4 this year could look a bit like Nov-Mar did. So the shitcos might provide some relief to bag holders. I’ve taken the last few days to load up on energy and financials.

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Implied volatility premiums have been low for more than a week and are really melting away today. I’m showing a negative premium on SPY and several sectors.

That’s not a SELL signal, but I’m not chasing anything here and have been trimming/closing positions that have done well this week.

AMD - still very strong, took some profit (after being in losses for a bit). Will add more on dips.

Still have SOXL shares too

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Thoughts on disney end of year trade?

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Paying attention to NVDA. Will probably focus a lot of trading here, hoping it will trade in range from 210-225.

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Diagonal spread long 210C Dec exp + short 220C Oct 15 exp

Great close for tech.. Very relieved after that September pullback. I closed almost all short puts, my buying power is almost unused now, ready for earnings season short strangles.

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Wow you’ll sound so knowledgeable. How did you’ll learn about this and how do you manage with a full time job

Bought into CCJ/DNN (uranium) ~6 months ago with commons and leaps for 2023. Looking like a lot of positive outlook.

Lost my CCJ from $15 cost basis to $22C covered calls. Still have DNN from .98 cost basis but with Jan 22 2C covered calls. Let’s hope it stays below there…

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I don’t trade options. Curious though how much you guys manage to make

That will depend on your risk appetite. I primarily trade Leaps, around a year away from expiry. No immediate profit but book around 70-100%.

More often, I go long on the same stocks I have in my portfolio. Oh and a lot of SPY calls on red days.

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$TIGR and $FUTU got PR’ed, but this one is not as bad in my view as the edutech crashes, will watchlist but I’m very interested in a knife catch

The DATS shorting vs furus drama is educational in that gotta learn how to play the refs instead of the game way

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Does anyone know what’s happening? 😰

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Why would a lesbian co-worker want to have sex with me-hetromale?

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Where’s my K Swiss?

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How does one transition from mid-market insurance defense litigation to anything else?

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Clear works for international travel right

Anyone here start playing golf later in life? How did you pick it up? I'm in my early 20s/F, and I want to try out golf but don't have any friends or family that play.

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Anyone start later in life? About to turn 32 and my retirement savings are sad.

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Here’s my WFH coworker, Jonas! She’s 8 1/2.

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Additional Posts in Option Traders & Investing

Thoughts on $XPEV?

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Any suggested reading / books that one can use to learn options trading? Experienced investor, who wants to get into options.

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BC - do you buy/sell more puts or calls?

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Recently bought into IIPR for the long term. Saw the move today to begin federal legalization - will that hurt the company since producers will have access to banks then?

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8/12 Thread (General):

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IDN up 15% today, was a great call out

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If you’re not buying MGNI, idk what to tell you ... $11->$18.6 in a week and MktCap is still 2.1Bn. P/S is 5, and it has room to grow for a MktCap of 5Bn based on competitors. Just putting that out there

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Thoughts on GILD for a medium term hold?

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Does anyone pay for premium rooms on stocktwits? If so, what rooms and do you find it worth the cost?

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I am new to investing in the stock market and I have $15k of cash in my Roth IRA. I am looking for good long term stocks to buy. Any suggestions? Thank you

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Thoughts on SQ considering the CEO cashed in?

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Anyone bullish AF on CCIV?

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I’m seeing lots of posts about really bad losses. If you trade you’re going to lose money - hopefully not all the time, but many positions will be mistakes. But you need a process to find ideas and manage positions. Two books you should read are “The New Trading for a Livinng” and “The Laws of Trading.” Both look at psychology, process, and risk in different ways that can help you work out your own process. The next 18 months will be much harder than the last 18 - time to start learning.

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Highly Technical Market Sell-Off - Though, it has picked up over lunch and I suspect that short term turn is in near. Old floortrader told me once, never trust a market that is making new session highs or lows during lunch. That's not normal. This might not be a normal day; but we do need to rebound to get another opportunity into the short trend. So, count on it. The last draw is more suspect as it hasn't been proven to exist yet. So, we will see how we look when we trade 9855.75 on NQ.

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What are the best options to get in on Monday?
Please mention strike and expiry as well

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Now UWM is live and at $10... why does that feel like a steal? Does anyone have a viewpoint on how mergers perform short-term (6 months - 1 year) after launch?

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9/8 Thread (General):

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5/4 Thread (General):

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What’s the expected impact of the PLTR downgrade by MorganStanley? I want to get in right around $23 but may grab some before it possibly gets there for a long position.

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SPY sell signal if we close below ~434.70 today.
Are you guys seeing this? Thoughts of shorting now since we already had a down move earlier in the week?

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