Yep all mine OTM. I have NIO leaps now for 2022 and they are OTM because I know NIO will be at my price or over by next January
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Yo man, don't ever feel bad for sharing info. Every little bit helps. Especially with how hectic this thread can get.
We bought ITM calls for a quick flip. He bought 100 contracts, sold 3 at close Thursday and 97 at open Friday for total of 4.4k. If it had moved from 24 to 500 or 1000 like they were saying...
.I only made $790.
Well if you're doing OTM plays then you should be buying alot of contracts. It can pay on highly volatile stocks like Tesla even when they move a little. But for those stocks that barely move then you better know something is going to happen to make that OTM worth it.
I typically buy at strike prices just above ATM and try to buy no sooner than 2 weeks out expiring contract.
Still messing with the different combination including debt spreads.
Do you know how expensive 1-2 year options plays are? I don't got that kind bread! Maybe you do!
For example approx 1 year option play for:
Apple ~ $2,040
Nio ~ $1,935
Tesla ~ $23,000
Mind you those options aren't moving that much at the moment. They are just sitting there. So if you don't midn tying your money up for 1 - 2 years plus then the return could certainly be worth it.
Last edited:
MAD I SOLD MY NOVAVAX !!, all my vaccine joints were stagnant for the longest and started jumping 2 days ago, waited so long that once it hit my mark i started pulling a large chunk , its 60% more now ! in the end ,they didnt lose none , sure won some on that! and sometimes thats good enuff! live 2 win another day! cos emotion & greed are the 2 worst things an investor should posses, PATIENCE is ultimate tho!
Robinhood exodus likely with limits on Starbucks, GM and SPACs
Robinhood currently has an expanded list of 50 equities where buying shares and options contracts is limited.seekingalpha.com
We bought ITM calls for a quick flip. He bought 100 contracts, sold 3 at close Thursday and 97 at open Friday for total of 4.4k. If it had moved from 24 to 500 or 1000 like they were saying...
I only made $790.
100 contracts for what ticker? Were these weekly?
what's OTM?
"Out of the Money". Meaning (for a call option) the pps is still below the strike price for your contract.
Nope! User agreement doesn't mean you're allowed to get away with murder. If this were true then it would be impossible to sue any company.
SLV 2/19
Yeah I have some AMD 1/20/23 and some X 1/20/22 XLY 1/21/22. I have some shorter ones as well ARKK 3/19/21 cause I couldn't afford the longer term. It's all perspective. Mark says that by doing leaps you should expect 3-5x return on avg. When I do the price history on barchart, I see that he is not wrong at all. It's all perspective.
Them lawsuits are coming. They shit they pulled was some gangster shit.
Why do you keep saying tying up your money? The reason why you pay more is for safety. You can buy a weekly contract that's cheap and you only have 5 days. If you buy the yearly and you get a big jump in that same week you can sell that week. You don't have to hold for a year or two. And I know u gonna tell me you know but I don't want other people thinking the wrong thing
yeah they shouldnt have restricted trading on those stocks..........and even now with this limited stock purchase bullshit.
and Thursday night, i couldnt even make any more purchases of Doge at all.....they put restrictions on crypto currency.
regardless......im gonna continue to make my money daily. they can't restrict all the tickers.......i always find ones that pop.....
Did you just come at me with “safety” and the market? Also, Yes! You can close your position at anytime. But clearly you’re tying up your money while you have an open position. I’m not sure what the disconnect is here.
Technically you're tying up your money in ANY position until you sell. The goal is profit.
Yes! But the shorter expiration dates have more implied volitilty than the much longer contacts. A 10 point move in the stock price is going to affect that 1 month contract alot more than the one that expires in 2 years. Obviously the time factor is the strength of the longer contracts.
Anyway, it’s one option if you have the funds available.
Yea it works out the same because you obviously have to pay more upfront for the longer dated options
Maybe! But the factor can be your friend or it can be your enemy. That’s the risk you take.
Heh. The I. V. crush can still ruin your gains. Allowing a week to pass with a weekly option is near pointless.
The first two are affordable and the lastpossible on margin. If you have a year to pay it down. If you're ITM at any time you can close and take profit.
Never ever buy weekly contracts. It’s the biggest rookie mistake a person can make and I’ve made and I’m sure others. They’re attractive because they’re cheap. The only exception is your buying them the Friday before and you know the price action is going to move immediately(24-48 hours Max).
And add on dips under ya average. Let's look at sq. It was trading at like 67 dollars last January. Ended the year at 160
Closed at $3.37, dropped to $3.10 in AH and is now over $4.10. Went up $1.00 PPS in about 90 seconds. Company is from Israel so if there is an offering it will come in pre-market or right at open tomorrow.
And this shit was under $1.00 in pre-market trading this morning
Dropped BIG time in pre-market due to the offering. Glad I got out last night.
$NNDM -can’t trust a Khazar.
I’ll see what else is out there for today, however I would keep an eye on this because if they can do what they say, it will be a 10 bagger.
posted this 9 months ago -@geechiedan another one for you, kid. I look for value weeks - months - years in advance. The only value you bring to BGOL is shit threads.
Last edited:
Don’t fall for that. A good attorney can beat that.
Similar threads
