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I don’t think sky is falling, but losing a month gains in a single day is noteworthy at the least. I think will be like before and some counter-tweet in the next 2 weeks will correct it, but I guess we’ll find out

Didn’t read the article and don’t care about NFL dudes but I have nothing against someone getting way more than was stolen from them if proven. getting the exact amount back never covers potential loses from opportunity, stress, lawyers, hassle, and general life trauma in dealing with all that...

lol of course. Wouldn’t even shock me to see a 2 day new all time high or something these days if we get another tweet or peace deal. My 6 month options plays which were up about 15-20% are now all negative. The panda is sad. Can’t even stop losses on that shit because it’s low enough liquidity...

Yea. That’s most of my portfolio today but I can’t pay attention to whatever’s going on. Seemed like a more widespread and larger drop than just a regular old down day.

I'm struggling to follow along recently due to work travel....but did someone tweet or something today? Looks mostly red across the entire market by a huge amount(5%+ on many of my positions). Normal correction or is there economic or world news I missed?

Agreed, but it’s low risk and something she could potentially get to? Especially putting a bit in each paycheck starting at 20 something years old

Ok, I spoke on memory without research, but I did just check. It Will take her forever since she’s starting with a low amount, but you can sell an ATM SPY call for Monday @0.60 or 60$. 4 of those brings 240/day or about 1k a week. Figure you only get that 50% of the time as you wheel so yea, I...

her numbers seem quite aggressive but earning 1500 a week via CC isn’t really that challenging. one could ”easily” do that with sub 200k i mean, you could daily wheel the SPY with CC/CSP for 500+ a day with 200k(400ish shares). I support her vision, it’s better than people door dashing daily...

There are some and all are up about 50% YTD. https://etfdb.com/themes/space-etfs/ market is up quite a bit also, but I guess stuff like this shows that “to beat the market” you don’t need to be a badass day trader, but just notice macro trends and adjust allocations maybe 3-5 times a year.

If you are that worried set a trailing stop buy. If it keeps going up you miss things like you said, but if it has a correction you’ll get the best possible correction price, depending on your trail. Or just buy daily/weekly ATM puts to try and shave a bit off the current price. But assume...

If you look at @Sanrith Descartes little excel(which of course isnt gospel) only 5ish really crushed it. The rest beat SPY but not by much and many missed it.....over a 5 year time gap. I think that was his point(dont wanna speak for him). When you see a major brand get beat up a bit, it may...

I hated necro. It really did remind me of early eq(also played necro) where the class is designed on all this focused and specialized utility but in reality it is all useless. Powerful in isolated instances, but generally useless. Fear? Shit in a group or dungeon. You just send a mob into its...

Holy fuck the sense of entitlement And faux fame. I refuse to enter this dating world.

This is the first time MSTR has gone below the 200D in over 2 years. It's still near it and seems to have hit a level of support, but who knows. I don't really know what this means. Is it part of a larger signal of a downturn in the dollar/economy? Have people finally moved from his common stock...

Shit. I actually did search and clearly failed. My bad. I’ll go read that thread and maybe check out original Edit: I’m even more regarded. I didn’t realize it came out in 2019 and I am apparently talking about the original. Netflix told me it’s new and I never checked the release date. Yea...

Anyone else try this? It’s on Netflix. I won’t spoiler but at first glance it was kind of a neat concept, I was craving some sci-fi and this seemed to fit combined with a crime solving drama. However it is absolutely filled to the brim with LGBT whatever. Multiple trans shit in each episode...

It means that MSFT will “bounce” and go back up soon or it is likely that if it drops, it may very well drop another 8% or more. if you want to add to your position you could set a trailing buy. I do that all the time for my long positions(or I do CSP to try and get A favorable entry)

its Not alone, AVGO is slipping into air for the first time in 3+ months too. I’m sure there are many others.

Yea, we all know PLTR is way overvalued at the moment. But it certainly has been a rough week. Including today I have multiple symbols down over 10% from Friday(3-4% a day in strong and steady decline). None of them are panic fear mode sells, but I did have to bail on two call option positions...

Nothing is medically confirmed yet but I believe I am on this doorstep. I have a trust but now I am starting to wonder(it’s revocable) on my setup. The family would liquidate all I’ve built to give me 3 months. And calling her a fucking idiot doesn’t help my situation. Yet my sister is more...

Dude. I love what they did. Biggest breath into EQ in a decade but they have zero chance of winning. It’s an emulator of a licensed game where they also took money. BEST case scenario is DBG buys them or something and allows the emulator to exist or something. 99% chance it’s dead though

ON SPY it is actually moderately reliable. They are very liquid and I use stops on them all the time. On weird long plays on small tickers, zero chance

As others above said, his idea isn't terrible, but it sounds like he is basically betting an entire portfolio, including margin, on the fact SPY will stay above X. It works until it doesn't. I suppose his only saving grace is that it is SPY and not a meme stock, but as stated earlier, an...

I can't speak to his specific success obviously, but I absolutely increase my annual yield by about 3-5% by selling options on my SPY positions. I am not super intelligent or detailed about it so I play it insanely safe. I basically sell daily/weekly(depending on my life and opportunity to be at...

‘those stocks pump and dump like beasts but I have actually never lost doing this. Wait for IV to drop and stock to trade in its little channel. It will linger there for 6 months or so. Buy ATM leaps a year out, when it pumps sell immediately Because unless things actually change it will drop...

Welp....sold the LLY calls I bought for +40%. The were 1 month out but it gained 21$ today roaring my options. No interest in letting it chop for a week while time erodes. Taking the win to move on. I've been doing a lot of quick plays recently. I may put like 10-20k in that SOUN for something...

Grats for holding RKLB to +900%! I bailed around 300

I keep hearing about SOUN, I may look into a long position there. RKLB is always a safe bet if you are playing a long game. It does have some rough swings though. Today I picked up some monthly calls on LLY as I feel it's beat down. Up about 2-3% so going to hold this for a few days or until...

I’m trying to get close myself, currently 43 and with any luck I hope to be retired by 45, for sure before 50. As others have said I have plenty to do, but for me it’s not about being tied to teams meetings, my inbox, whatever drama of the day went down(office job). it Used to be about money for...

I recently lost puts on NNE. This fraud a company has like 5 employees and it's memeing it up hardcore with an insane valuation. It did drop but I got the timing wrong and had to eat a 15% loss on that one :(

i very rarely hold long puts. It’s usually a 1-2 day play is I see great downward MA’s. One of those “I can scalp 5% in less than a few hours”. I did a few long puts on TSLA during his trump fued that worked out as well.

Wyoming in particular allows you to hide the owner of the LLC/Corp.

Someone may correct me, but I believe, by default, the LLC would be 100% pass through. I think if you want to pay yourself and contractors you may want to classify your business as an S-Corp

What's the trump intel thing? That real? It's down another .50 cents right now, but based on history it may have already found it's bottom.

According to this forum post, the sale of the lot which resulted in a loss would trigger a wash sale if rebought. I don’t know shit about that forum, just first google hit. https://www.bogleheads.org/forum/viewtopic.php?t=384091

lol, here we go again with a completely fear based drop due to the imaginary tariff date. I'll wait this one out and pick up a bunch of calls in a few days(maybe 1-2 weeks) when the panic stops. Last time it was about 1 month of free-fall until it basically went back to the old levels in no time.

Was super interesting. He basically said fuck trump, we need to trust government numbers, etc. Said we do what we do for the people, but we also won't have open door meetings like we are officially supposed to because the people can't understand or whatever. At this point it is playing pure...

Supposed to be some crypto plan published today? Like most shit government does I am guessing a bit of a nothing-burger, but maybe a potential play on the crypto stocks like COIN/MSTR/FBTC/etc? I may buy a few(1-5k) in calls on some of those...

9-18 month ROI is amazing, any business would take that.

I meant 10%, but more importantly I meant that if my thesis of 80-90 is wrong I would bail at approximately 85$. But I also promise you will see me here within 2 weeks buying some calls depending on it's fall line