Investing General Discussion

Haus

<Silver Donator>
11,146
42,202
Are we getting ready to nuke someone and nobody told me?
1705072188824.png
 
  • 1Worf
Reactions: 1 user

Sanrith Descartes

Von Clippowicz
<Gaming Ghost>
41,535
107,627
I can't imagine having the bulk of my net worth tied to stock that can do this. God damn, no wonder Elon does so many drugs. This shit would cause me to stroke out. 10 red candles in the last 11 sessions during a hot bull run.

1705077596191.png
 
  • 2Like
Reactions: 1 users

Sanrith Descartes

Von Clippowicz
<Gaming Ghost>
41,535
107,627
So buyers at the open of FBIT are already down about 25% in 24 hours. This shit really is like Bitcoin.

1705079052666.png



edit: Odd that Fidelity is now showing the 52-high as $40.81and not $50.70. Still getting the kinks out I guess.

1705079875232.png
 
Last edited:
  • 4Worf
  • 1Like
Reactions: 4 users

Mist

Eeyore Enthusiast
<Trapped in Randomonia>
30,474
22,325
So buyers at the open of FBIT are already down about 25% in 24 hours. This shit really is like Bitcoin.

View attachment 508887


edit: Odd that Fidelity is now showing the 52-high as $40.81and not $50.70. Still getting the kinks out I guess.

View attachment 508888
Did you expect this to perform like anything other than an IPO or SPAC?

Let it settle out a few weeks before buying.
 

Sanrith Descartes

Von Clippowicz
<Gaming Ghost>
41,535
107,627
Jysin Jysin Blazin Blazin I am thinking deep out of the money puts on SPY at $440 (yellow dashed line) with the Feb expiry (16th). Not great premium obviously this OOTM but it comes with the 200 DMA acting as support as it continues its slow move higher. $450 strike pays more and I like it also but comes with some more risk. Thoughts?

1705082263261.png
 

Borzak

Bronze Baron of the Realm
24,700
32,089
Nobody a bitcoin ETF billionaire yet?
 
Last edited:
  • 1To the Moon!
Reactions: 1 user

Blazin

Creative Title
<Nazi Janitors>
6,414
33,669
Jysin Jysin Blazin Blazin I am thinking deep out of the money puts on SPY at $440 (yellow dashed line) with the Feb expiry (16th). Not great premium obviously this OOTM but it comes with the 200 DMA acting as support as it continues its slow move higher. $450 strike pays more and I like it also but comes with some more risk. Thoughts?

View attachment 508895
THe premiums are so bad I wouldn't do it. We get a decent vix spike then look to take position. I have no interest in selling puts at a vix of 12
 
  • 2Like
Reactions: 1 users

Blazin

Creative Title
<Nazi Janitors>
6,414
33,669
Thanks. What are your thoughts on the strikes? I know you mentioned $450 previously.
450 is a buy, my issue with puts is you'd have to be ready to dump the put and take the equity if it doesn't drop below strike and by locking yourself into the timing of it could cause you to miss a pullback. If you are currently under allocated I would do nothing. If we break out to new highs you probably need to grin and bear it and buy. That's my take.
 
  • 2Like
Reactions: 1 users

Sanrith Descartes

Von Clippowicz
<Gaming Ghost>
41,535
107,627
Did an FOH solidarity purchase and bought a quarter position of FBTC at $37.99. I doubt I will add to it unless Blazin convinces me to.

Season 7 Episode 10 GIF by Portlandia
 
  • 2Like
Reactions: 1 users

karma

Molten Core Raider
443
541
Did an FOH solidarity purchase and bought a quarter position of FBTC at $37.99. I doubt I will add to it unless Blazin convinces me to.

Season 7 Episode 10 GIF by Portlandia
Pics or it didnt happen.. There is NO WAY you bought at a price that isnt .00 or a multiple of .25.

*note* Mostly kidding!
 
  • 2Worf
  • 1Ice Burn
Reactions: 2 users