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05-20-2022, 03:00 PM | #12991 |
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Can you explain the above? I think this is what I don't understand. Can you re-sell the options before the 1 year date and make money at a price below the $20 call?
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05-21-2022, 05:36 AM | #12992 |
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I’ve got $20k to reinvest. Is Amazon a buy before the split?
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05-21-2022, 06:15 AM | #12993 |
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05-21-2022, 06:44 AM | #12994 | |
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Quote:
These options have 1 yr to expire. If Ford gets to lets say $15-16 in the next 3-4 months, the options I bought at $53 a contract will be worth about $250-$300. The downside will be if Ford goes nowhere or down over the next year and these options will slowly leak oil and expire worthless. You can literally buy 1 contract for $55-56 and that could be your trial. You need to read up on options before you risk real money. If you have a large portfolio, options can be used as a hedge for the downside and lock in some additional money if you write covered calls on the stock you own.
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05-21-2022, 06:47 AM | #12995 |
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I recommend the book Trading Options for Dummies. It is the best book that explains them clearly
So many other book can be complicated. If you really still have no understanding, you may want to avoid them.
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05-21-2022, 09:17 AM | #12996 | |
Fish are scared of me
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Quote:
They have me at n00b level. |
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05-21-2022, 01:52 PM | #12997 |
Fish are scared of me
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I just got property tax notices and Holy shit! They are building new elementary schools in my town and they already hit us with a bond that jacked up taxes a year ago. Now they are doing it again. One property had an increase in taxable value of 40%, another 32%, another 29%, several in the 20% range.
I absolutely hate raising rents on tenants and have a past policy of only doing it between tenants but for the second year again I'll have to issue notices. I can't continue to absorb the increases. For those of you renting out there , understand that landlords are at the mercy of the market just like farmers. |
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05-21-2022, 02:38 PM | #12998 | |
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Quote:
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Dilly Dilly! |
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05-22-2022, 06:03 PM | #12999 | |
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Quote:
I had been starting to think it might be time to move in as we were nearing 20% down but this has been pretty concerning. Even the recession plays, like the dollar stores got smoked 10% or more. Just carnage |
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05-23-2022, 06:42 AM | #13000 |
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The one interesting thing that may save this market from a flush out is that the retail investor isn't over-leveraged like the 80's and 00's crashes.
If anything, the cash hoard on the sidelines is pretty huge and still growing.
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05-24-2022, 08:05 AM | #13001 |
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Anything with a YTD big loss today is getting sold off today.
Shit be getting crushed.
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05-24-2022, 01:51 PM | #13002 |
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CNBC and several of their guests won't about SNAP. Some are rationalizing the tech stocks getting hit because of SNAP. WTF cares about SNAP? Seriously? If it died tomorrow the economy couldn't give a care less.
I take this as a sign as we are getting closer to the bottom than maybe we thought. When solid tech companies like NVDA, AAPL, AMZN, GOOG, etc., start getting dumped and people are saying it's because of SNAP's shitty earnings, I say it's time to start buying. |
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05-24-2022, 01:54 PM | #13003 | |
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Home sales are starting to take a hit now. Some companies are going into slower hiring or hiring freezes. The transition from buying stuff to going out is in full force. Plus higher food and energy prices are going to start taking out a lot of the froth in the market. Simply put, if your company isn't turning a profit then you're probably getting killed off unless you're and AMZN or something. |
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05-24-2022, 02:26 PM | #13004 |
NFL's #1 Ermines Fan
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VARSITY
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05-24-2022, 02:58 PM | #13005 | |
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Quote:
Glad I'm leaving here next week.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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