d2jsp
Log InRegister
d2jsp Forums > Off-Topic > General Chat > Investment & Finance > Dow Jones Base Jumping > Taking The Plunge
Prev1195196197198199751Next
Add Reply New Topic New Poll
Member
Posts: 92,977
Joined: Dec 31 2007
Gold: 2,299.94
Jan 13 2021 10:26am
Quote (Thor123422 @ Jan 13 2021 10:25am)
Wait, you can buy stocks? I thought the stock market was just a slot machine for OTM calls! - /r/WSB


i cant explain what an option really is but i have 5 of them - most of /r/WSB
Member
Posts: 64,763
Joined: Oct 25 2006
Gold: 0.00
Jan 13 2021 10:29am
Quote (thesnipa @ Jan 13 2021 10:26am)
i cant explain what an option really is but i have 5 of them - most of /r/WSB


I've been doing pretty good since I started following thetagang.

Find company I want to stay in for 2+ years. Sell covered calls. Stock goes down -> make premium. Stock goes up -> make premium and sell shares at a profit.

As long as you pick stocks that aren't gonna go under you always make money.
Member
Posts: 27,048
Joined: Dec 21 2007
Gold: 14,569.69
Jan 13 2021 10:37am
Quote (thesnipa @ Jan 13 2021 08:26am)
i cant explain what an option really is but i have 5 of them - most of /r/WSB


this.. no idea what options are.. unless you talking a football RPO
Member
Posts: 64,763
Joined: Oct 25 2006
Gold: 0.00
Jan 13 2021 10:38am
Quote (theCrossbones @ Jan 13 2021 10:37am)
this.. no idea what options are.. unless you talking a football RPO


Basically an investment banker flips 10 coins. If you get all heads you win 500x your investment. If you don't you lose it all.
Member
Posts: 29,002
Joined: Jun 20 2007
Gold: 34.51
Jan 13 2021 10:41am
Gamestop up 80%. Makes sense. What new radical business model are they adopting.
Member
Posts: 92,977
Joined: Dec 31 2007
Gold: 2,299.94
Jan 13 2021 10:43am
Quote (SBD @ Jan 13 2021 10:41am)
Gamestop up 80%. Makes sense. What new radical business model are they adopting.


gamestop announced 10% increase to "in store credit" payouts.

........................^
stonks _______/

This post was edited by thesnipa on Jan 13 2021 10:43am
Member
Posts: 41,267
Joined: Apr 14 2006
Gold: 2,038.71
Jan 13 2021 11:14am
Buying more Zom

Member
Posts: 92,977
Joined: Dec 31 2007
Gold: 2,299.94
Jan 13 2021 11:16am
Quote (Bazi @ Jan 13 2021 11:14am)
Buying more Zom


logged into my crypto only Robinhood app to buy 25 shares based just on this tip. do not steer me wrong sir or you'll pay.
Member
Posts: 41,267
Joined: Apr 14 2006
Gold: 2,038.71
Jan 13 2021 11:24am
Quote (thesnipa @ Jan 13 2021 11:16am)
logged into my crypto only Robinhood app to buy 25 shares based just on this tip. do not steer me wrong sir or you'll pay.


I got someone who will pay too if this tip is bad

We can hunt her together

Edit:
She is my grandma. Her track record is ridiculous tho.

This post was edited by Bazi on Jan 13 2021 11:25am
Member
Posts: 92,977
Joined: Dec 31 2007
Gold: 2,299.94
Jan 13 2021 11:30am
Quote (Bazi @ Jan 13 2021 11:24am)
I got someone who will pay too if this tip is bad

We can hunt her together


if she could self identify as a man whilst we beat her up that would make me feel a lot better about it.
Go Back To Investment & Finance Topic List
Prev1195196197198199751Next
Add Reply New Topic New Poll