Investing General Discussion

SeanDoe1z1 · Feb 8, 2021

I’m holding MARA as my big position now because I want BTC exposure and I got in after share dilution.

P T of 27/30 this morning.

I would like to just hold a larger trailing loss on it while I can’t spend too much time on tracking it

Jysin · Feb 8, 2021

Jesus mother of god... TSLA announced they invested 1.5 BIL worth of Bitcoin purchases.

Sounds massively reckless as a TSLA investor. Also question if the SEC is going to have a field day with Musk actively pumping crypto via his tweets.

TJT · Feb 8, 2021

Jysin said:
Jesus mother of god... TSLA announced they invested 1.5 BIL worth of Bitcoin purchases.

Sounds massively reckless as a TSLA investor. Also question if the SEC is going to have a field day with Musk actively pumping crypto via his tweets.

All I got out of that was buy more TSLA and collect profits.

Fogel · Feb 8, 2021

Now you know why Elon was pushing Doge. Buy enough Doge and you'll be able to trade it in for a new Tesla!

SeanDoe1z1 said:
I’m holding MARA as my big position now because I want BTC exposure and I got in after share dilution.

P T of 27/30 this morning.

I would like to just hold a larger trailing loss on it while I can’t spend too much time on tracking it

Good idea, it'll pretty much mirror BTC, so as long as BTC is up it'll be up and vice versa.

SeanDoe1z1 · Feb 8, 2021

I know there is another thread but BTC is constantly finding whale support.
It’s my 21 hold for sure.

Fogel · Feb 8, 2021

Thanks to TSLA I'm up 20% already on BTBT and will be able to close my MARA 2/12 puts today

swayze22 · Feb 8, 2021

Jysin said:
Jesus mother of god... TSLA announced they invested 1.5 BIL worth of Bitcoin purchases.

Sounds massively reckless as a TSLA investor. Also question if the SEC is going to have a field day with Musk actively pumping crypto via his tweets.

I'm sure they are busy right now but this seems pretty damn obvious and easy for them to look at...? but since i hold dollars is there anything wrong with me saying the dollar is the superior fiat currency?

For crypto tracking stocks - what are the best? (for longer term investing) I realize i'm late but I don't hold any crypto.

MARA, BTBT, RIOT?

TheBeagle · Feb 8, 2021

Crypto spiking this morning. Bought some ETHE (Grayscale trust) a couple weeks ago, +45% before the bell rings. Just plan to swing trade with it and maybe RIOT which is tied to BTC. I don't want the hassle of actually owning/trading crypto so this seems like a decent compromise. This morning might be a good time to sell.

Fogel · Feb 8, 2021

RIOT and MARA seem to be doing a little better than BTBT, MARA has the best options premiums of the 3

Hateyou · Feb 8, 2021

TJT said:
All I got out of that was buy more TSLA and collect profits.

Maybe the SEC investigation/ Elon getting kicked off the board will dip TSLA enough to buy more.

Jysin · Feb 8, 2021

PLTR solid gain on IBM partnership news. +12% on the day

Wingz · Feb 8, 2021

Blazin said:
For those like me who don’t know anything about Doge coin and crypto this video helped me a lot. Good place to get started.

Tell people to buy Doggie coin. Buys 1.5 Billion in Bitcoin!

Sanrith Descartes · Feb 8, 2021

Hateyou said:
Imagine the talk Sanrith Descartes gets to have with his daughter later this week about why they aren’t multi-millionaires because he ignored her dogecoin advice.

Already had it. I blamed my not buying Doggiecoin on Biden.

Sanrith Descartes · Feb 8, 2021

Jysin said:
Jesus mother of god... TSLA announced they invested 1.5 BIL worth of Bitcoin purchases.

Sounds massively reckless as a TSLA investor. Also question if the SEC is going to have a field day with Musk actively pumping crypto via his tweets.

Except they have a pump account with 50m Twitter followers.

Sanrith Descartes · Feb 8, 2021

Jysin said:
PLTR solid gain on IBM partnership news. +12% on the day

Beat me too it. Details...

edit: That is like a month from now. Christ thats a quick roll-out. The companies will use IBM's hybrid cloud data platform and Palantir's operations platform for building applications to launch the Palantir for IBM Cloud Pak for Data, which will be available in March 2021.

Palantir stock shoots up after IBM partnership on AI offering for businesses

Shares of Palantir Technologies Inc. shot up 10.9% in premarket trading Monday, after the big-data software company announced a partnership with International Business Machines Corp. on open artificial intelligence applications for business. IBM's stock gained 0.9% ahead of the open. The...

finance.yahoo.com

Jysin · Feb 8, 2021

Jysin said:
PLTR solid gain on IBM partnership news. +12% on the day

Watch PLTR at the open, it has a big gap from $38 all the way to $42. Premarket high was $38.25 so far, if we clear that level with volume, it could possibly run today.

(Day trade strategy)

Sanrith Descartes · Feb 8, 2021

Jysin said:
Watch PLTR at the open, it has a big gap from $38 all the way to $42. Premarket high was $38.25 so far, if we clear that level with volume, it could possibly run today.

(Day trade strategy)

For those look at another strategy, options up to $65 strike are available now.

Sanrith Descartes · Feb 8, 2021

That call to put ratio is insane

Notable open interest changes for February 8th (TheFlyOnTheWall)
Friday's total option volume of 43.4 million contracts resulted in net open interest growth of 6.08 million calls and 4.15 million puts. Apple(AAPL) , Tesla (TSLA), Snap Inc.(SNAP) and AMC Entertainment(AMC) saw the greatest growth. Top five new positions opened include 46k Tesla (TSLA) Apr-21 800 calls, 45k Tesla (TSLA) Apr-21 850 calls, 42k Apple(AAPL) Mar-21 160 calls, 38k Zogenix (ZGNX) Feb-21 23 calls and 36k Apple(AAPL) Mar-21 145 calls.

swayze22 · Feb 8, 2021

Sanrith Descartes said:
That call to put ratio is insane

Notable open interest changes for February 8th (TheFlyOnTheWall)
Friday's total option volume of 43.4 million contracts resulted in net open interest growth of 6.08 million calls and 4.15 million puts. Apple(AAPL) , Tesla (TSLA), Snap Inc.(SNAP) and AMC Entertainment(AMC) saw the greatest growth. Top five new positions opened include 46k Tesla (TSLA) Apr-21 800 calls, 45k Tesla (TSLA) Apr-21 850 calls, 42k Apple(AAPL) Mar-21 160 calls, 38k Zogenix (ZGNX) Feb-21 23 calls and 36k Apple(AAPL) Mar-21 145 calls.

Araysar · Feb 8, 2021

Did you get your tickets for the rocket

Kirun ?

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