9/4 Thread (BC):

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Playing a morning bounce and afternoon drift lower today. Should be quiet volume heading into long weekend. See you all next week!

like

Sold all of my short term puts here. I usually Take profit too early for what it’s worth. But I like my profit. Longer term puts still in place but scaled down for now

like
Recent IconRecent

💰 💵. Good day all! Sitting tight now. Done for the day holding 110 and 105 puts over the weekend. Locked in 10.2x today.

like

Congrats! Enjoyed the real time updates.

Still waiting for the Discord group 😉

like

Also, BC and I both said the same thing pre drop. We both have a lot of Experience in the markets and have seen these type of moves many times.

like

Starting going long for a dead cat bounce if we reach 110. Cost average if we head to 106. Buying 105 / 110 calls for next Friday and Sept 18

like

Note I’m still holding my >Oct put positions. I’m out of September puts

like

Have a nice Labor Day weekend everyone!

like

That is exactly what I came here to say. Early morning bounce likely to be sold off into close.

like

For us relative newbies morning bounce can mean 11 eastern for all we know, not first 15 min; this hurts

likefunny

Yeah that was quicker then I expected. I also thought till mid morning

like

Holding calls over weekend BC? Thanks for real-time updates today!

like

Yes I am

like

Pump for the Tuesday dump here

like

Ugh... gap up is looking highly like :(

Looking where October vix futures are.... this is gonna be a bloody 45 days.

like

Well Softbank’s calls are off the table now...

Crushed it today!! Nice work all. Do some research this long holiday weekend.

like

👍👍

The easy move is over. Likely drift lower the rest of the day. Lower buying volume into holiday and the selling pressure will start to get going. New investors likely to be spooked on their first down day

like

Didn’t quite reach target, but bounce under way. That’s why I start entering before the zone. Didn’t get all of what I wanted into it, but have a good chunk

like

Hope you all rode the wave down and are riding the wave up with me

like

Great call on timing

like

Locking in call gains. Failed at 119

like

Back to $110 and $105 puts for sept 18

like

Holding these over the weekend. Will cost average at 125 if it gets there

like

Thank you for the updates today!! I am not experienced enough to play options yet, so I am just limiting myself to covered calls and puts for now, but this was really helpful

like

👍👍

You’re saying bounce is done and we’re drifting lower the whole day now?

Related Posts

Just learned about Monte Carlo analysis thru a colleague , where can I find out about other analytic methodologies?

like

Anyone have any guidance on how the Roe v Wade situation has played out at work? Anyone come into any issues with Partners? Or anyone impressed with new policies they’ve brought in to accommodate the issue?

like

Contemplating grad school for an MBA. Still in the infancy stages of preparing, but was curious if a good/great GMAT score and solid rec letters would help outweigh an ok undergrad GPA? ....Cont’d...

like

Does anyone work in Dubai or Singapore who can give me an idea what you get paid? Thinking of making the move from Norway. Lower/no personal income tax is the incentive - paying 47% 😭

like

The biggest thing that messes me up is my memory. I keep forgetting that I am a Titan of Wall St.

likefunny

Has anyone ever taken a break from advertising? What job did you do (in-house, something completely different)? Did you find it difficult to come back?

I’m really burned out and need a break.

like

I need everyone’s help😭 Money aside, how did you finalize which idea to pursue? I’m struggling to narrow it down from 4. Focusing is not an issue for me once I’m locked in, but I’m struggling to get there because I haven’t finalized which idea to focus on. Open to any recommendations please (books, personal stories, etc).

like

UBS If I had to move within the company to a different location , how does it work? For example if I move from low cost of living area to high cost of living area does the company re-evaluate the base salary within USA? Or do they come back and mention its your family requirement since your partner is located and you are moving ?Suggestions or experiences any !

like

My psychiatrist today revealed to me that I may have ADHD, still a hypothesis that he is still exploring but from my personal experiences and discussions with therapist, it seems likely.

One example of personal experience is my ongoing prep for case studies as I'm interviewing with a number of firms. I do struggle to keep focus and generally take a bit longer to finish them, specifically the structuring of the case. Does anybody else feel the same way and any recommendations to overcome this?

Best NYC growth equity shops for WLB and career progression?

like

I think something is wrong with the way I wrote my resume. Get dinged without an interview for a few roles (S&O, biz ops, nothing crazy) but when I send my resume directly to hiring managers I now have two final rounds scheduled? HYP undergrad, H/S MBA, McK Sr EM, previous tech experience 😑

like

Dropping transparency here for anyone looking at DoorDash S&O. Pay comes in range from 110-115 base, and I've heard equity range from 50-80.

likeuplifting

Recommendations for firms to look into in South FL? I'm in Ft. Lauderdale but am open to Boca or Miami. I'm a first year associate in ID (coverage issues) but really would prefer transactional work. More importantly though, I'm looking for companies who pay relatively well (doesn't necessarily have to be market), are open to remote/hybrid work, aren't sweatshops. I'd settle for insurance work if theres good WLB & $$$ lol

likehelpful

Hi Everyone
I am working in oil and gas consulting since last 3.5 yrs and i have refinery experience of almost 4 years. I have been offered a role at
Shell business operations at chennai at jg5 position. My overall yoe is 7 yrs. what max salary does they provide in these scenarios.

like

I wonder if we’ll still have minimum billable hours if WWIII breaks out

likefunny
like

TC Discussion w Recruiter: Show proof of numbers?

Curious if anyone has had to share some sort of evidence, screenshots, documents, etc. backing up their current comps figures.

like

Hi what should i expect on the final leadership call?already passed the tech round hence wanted to get an idea what i should expect? Thanks

like

Additional Posts in Option Traders & Investing

Reporting your shares to independence reporting. Do you guys actually follow through and not trade restricted stock? If you have a separate brokerage account, what’s the risk? At what level does it matter (manager, senior manager, etc)

like

Does Amc and gme close after today ?
What to expect next week ?

like

Earlier Gamestop was supposed to file for bankruptcy, now they could make many more file for bankruptcy.
Play safe!

likefunny

Thoughts on investing long term in BA at current price?

like

We are in counter-trend longs this morning, trying to move up to 3032 HWB for the intermediate HWB short. There is a micro long here at the 3011 level. I would be a buyer of ES between 3007.50 - 3011.00. Anticipating a rally back up to the all the way half back level, 3032 - 3040.50 level. Gap Fill comes into play at the 3007.00 level as well. Short Term - Bullish above 2997.50. Longer Term - Bearish Below 3034.50.

Post Photo
like

Anyone here willing to explain their thesis on bitcoin? Thanks!

like

Is blockfi only a bank and not really investing in crypto?

like

There’s gotta be some strategy to play this. Either stock buying or options play. Give me some strategy here BC

Post Photo
like

Likely melt up to continue. I learned after 2008-2009 and all the QE the last 10 years to never fight the fed. It goes against all common sense and reason but that is where retail investors lose

like

Played day SPY puts at $307 strike and sold for 300%. Thanks BC and others who predicted afternoon fall.

like

For Materials exposure, been eyeing XLB and PICK. Any thoughts on which would be better longer term? Worth adding now?

like

How on earth are you guys getting into these AMD calls for 5/1? The theta is scaring the devil out of me. I almost went with the peer pressure yesterday and then backed out (I am bullish in AMD)

like

10/13 Thread (General):

like

I know there are multiple posts about this but I still can’t think of the right way to play United Wholesale Mortgages. Too nervous to sell covered calls with the ex div date and high OI for calls in March. Anyone considered averaging down?

like

Someone is retiring. 💎🖐✌️🚀

Post Photo
likefunny

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.

likehelpful

SQ, PLTR, and PYPL - should I keep avg down?

like

What are some of your favorite strategies to use in VIX since it constantly decays? Bear call spread? Or is there something more profitable?

like

I’m thinking EOD Wednesday UVXY calls. But going to wait till we get there to make the move

like

Might actually see the largest point drop in history on Monday.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal