I think the stimulus bill has been priced in would love to know other perspectives!

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I think there’s a lot of uncertainty on size and timing. So I would say it’s partially baked-in

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It’s estimated to be 1.2 trillion. Anything less than that would be a catalyst for dropping again

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Right- WH briefing made it sound like people would have $1k in their bank account by Monday. Reality is that would take 6 weeks

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Here we go again with interim review prep...are they kidding me??

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I once heard that the average age of those that achieved a net worth of a $1M was around 49 yo. Is this intended to include assets like real estate equity or is this meant to be liquid assets / retirement accounts only?
Understanding, $1M is no longer the goal but for those of you that have achieved this already - What was the age you achieved it and are you including your home equity?

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Any Slalom 🐠 lurking who could share insights into a Salesforce Practice Lead role posted on LI?

5 year salary progression in Salesforce ecosystem, MCOL city.
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likeuplifting

Additional Posts in Option Traders & Investing

Anyone buying any stocks tomorrow AM? If so what?

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Any way to get in one of these IPOs prior to them opening up to the wider market?

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Good traders tend to be flexible. I can make money in all kinds of markets, being a bull or a bear. Today was a headscratching day. We rallied a lot farther than we should have. We bounced in place's we shouldn't have. So, I have to ask myself? What the hell happened? While I made money today, I should have made lots more money. Remember the tip that markets don't count Pre-NY Mondays. If I decided to do my from last weeks low as opposed to today's low. I'm bullish. Additional info in reply post

Post Photo
likehelpfulsmart

Is buying VIX Puts and SPY puts a good strategy to profit off of coronavirus volatility on both sides this coming month?

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only buy VIX if you think the market plumbing systems are clogged.

Otherwise your sinuses will become increasingly VIX allocated over time.

Maybe that's ok.

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I have just got an options trader job at a prop trading firm. But I knew nothing about options/trading/finance. The firms said they’ll be officially training us once we start. But in the meantime, what are some books/resources that you would recommend to start learning first?

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

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

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GmE up above 300 let’s go!!!

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Anyone going in on VNET?

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CRC up 45% - any play here for puts?

Hi all. Is there a way to find out at what Greeks I opened a position? I opened options last month and I am trying to recall at which delta I bought my spreads. Thx!

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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.

likehelpful

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

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BTCs dipping a bit through the weekend. Could that be an indicator to predict red futures tomorrow?

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Made my first few options trades.

first lesson I learned- take profits ASAP! calls went from +100% to -20%.

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Thoughts on SPY puts tomorrow?

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So my spouse and I invest separately via different trading accounts. Individual accounts, not joint. Can I work around the wash sale rule with 2 accounts? Sell stock A from one account @ $20 and buy stock A from@second account @ $15? Planning to dump stocks in December last week to get some tax gains and buying on the second account in first week of January.

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Can’t see us going much higher .. thoughts on spy puts?

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