Investing General Discussion

Blazin

Blazin

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Sanrith Descartes said:
Not seeing this move having legs or just not wanting to hold over the holiday?
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Caught a nice move on all three so just taking profit, will reload on consolidation. We have rallied to a logical point, I'd be impressed if we just blast passed it but I don't think that is the most likely scenario. If we are in a frustrate both sides range then I want to just take the quick flips. Bulls win this fight going into month end we are going to 7000-7200
 
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Fogel

Fogel

Mr. Poopybutthole
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karma said:
I considered selling puts on IBIT this morning when it was in the mid 49ish range. Wasn't opposed to owning some if it dumped, and thought it would be a good chance to dip my toes in the selling put pool. I've sold covered calls a few times, but never puts. Wouldn't have been a huge play, but figured I would get started in that aspect of the market.

Of course, if you finished this post, you can probably guess I didn't.
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Start off selling monthlies around 20% below current strike. I'm currently doing this on tsla ibit and sofi. Do it on a red day with some decent iv for decent premiums. Close em out at 50 to 80% profit.
 
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Rangoth

Rangoth

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Anytime I want to enter a decent size position I sell puts or do a trailing buy. Mostly for 2 reasons, 1.) im not good at picking the entry point. I try to look for support levels and such but I’m either off by too much and miss the buy or too early and miss respectable downside and 2.) if I miss I still make some money(can often be in the 1% range for a week or 3% for monthly)

sounds silly but tying Up funds in a put for 1% vs tying them For the same week waiting on a specific price target just seems easier for me. Still possible to pick completely wrong strike and all that but these are multi-year positions for the most part.
 
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Haus

Haus

I am Big Balls!
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Cad said:
Saw a story that Trump is preparing a bill to extend the ACA subsidies again for 2 years. This is essentially exactly what the democrats wanted to stop the shutdown.

Someone make it make sense…
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  1. As mentioned.. TACO
  2. The Democrats were actually demanding a ONE year extension and NOT a 2 or 4 year. As they desperately want this to be a recurring emergency they can campaign off of.
 
Gravel

Gravel

Mr. Poopybutthole
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Sanrith Descartes said:
We going green today?
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you blew it GIF
 
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Blazin

Blazin

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I bought more IBIT yesterday , nice pop today but we are still below last weeks high. BTC gets over 93 and its going to zoom
 
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Sanrith Descartes

Sanrith Descartes

I was forced to self-deport from the /pol thread
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Saylor runs a company with no actual revenue. So of course he needs "another" corporate jet. I swear I would love to see MSTR's books.
edit: by another, I mean he might be swapping out the old for the new, but I would want to see the reason why.

 
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