Author Topic: Serious stonks strategy talk  (Read 23799 times)

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james

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Re: Serious stonks strategy talk
« Reply #60 on: March 05, 2020, 10:55:24 AM »
James if I give you 100 bucks to play with, how long will it take you to turn that into a cool million with your newfound stonks knowledge?

You can keep the 100 bucks in that scenario btw

What happens if I lose the $100


I think you misunderstood, you owe me a million no matter what.

If everyone on this forum gives me money I can make it happen
:O

Propagandhim

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Re: Serious stonks strategy talk
« Reply #61 on: March 05, 2020, 01:07:16 PM »

If everyone on this forum gives me money I can make it happen

3 days later:



James:"Sorry, Bore Brothers.  I could not navigate our ship out of this rogue wave."

james

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Re: Serious stonks strategy talk
« Reply #62 on: March 05, 2020, 01:15:39 PM »
Tendies are rolling in.

SPY puts: 117.34%
DIS puts: 89.60%
AAL puts: 12.44%

Even the UA I accidentally bought: 2.35%
:O

Nintex

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Re: Serious stonks strategy talk
« Reply #63 on: March 05, 2020, 02:07:39 PM »
I would join a James hedge fund  :snob
GAMER

BisMarckie

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Re: Serious stonks strategy talk
« Reply #64 on: March 05, 2020, 02:08:42 PM »
I am in for 100 bucks, you can keep 40 % of the profit. :success

james

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Re: Serious stonks strategy talk
« Reply #65 on: March 05, 2020, 02:29:36 PM »
Making money is so easy I wish I would have known about this sooner
:O

BisMarckie

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Re: Serious stonks strategy talk
« Reply #66 on: March 05, 2020, 02:38:42 PM »
Teach me your second hand knowledge about options trading james. I want to retire next year.

james

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Re: Serious stonks strategy talk
« Reply #67 on: March 05, 2020, 02:41:25 PM »
Teach me your second hand knowledge about options trading james. I want to retire next year.

Keep refreshing this page and do whatever the posts with the most comments and upvotes are saying

https://www.reddit.com/r/wallstreetbets/comments/fdtomr/daily_discussion_thread_march_05_2020/
:O

BisMarckie

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Re: Serious stonks strategy talk
« Reply #68 on: March 05, 2020, 02:46:43 PM »
I am serious btw about giving you 100 bucks to play with since I am curious how much money reddit can make me. I am too lazy to do it myself though.

Hit me up via DM with your paypal if you are interested :pimp

TEEEPO

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Re: Serious stonks strategy talk
« Reply #69 on: March 05, 2020, 02:56:41 PM »
james, put 2k in your td account and get them margins   :klob

Nintex

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Re: Serious stonks strategy talk
« Reply #70 on: March 05, 2020, 03:01:05 PM »
I am serious btw about giving you 100 bucks to play with since I am curious how much money reddit can make me. I am too lazy to do it myself though.

Hit me up via DM with your paypal if you are interested :pimp
Seconded James, I want in on this.  :money
GAMER

TEEEPO

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Re: Serious stonks strategy talk
« Reply #71 on: March 05, 2020, 03:03:16 PM »
it's power hour and i am feverishly watching spy, i am rooting for you james

james

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Re: Serious stonks strategy talk
« Reply #72 on: March 05, 2020, 03:15:44 PM »
I am serious btw about giving you 100 bucks to play with since I am curious how much money reddit can make me. I am too lazy to do it myself though.

Hit me up via DM with your paypal if you are interested :pimp
Seconded James, I want in on this.  :money

PM me cash
:O

TEEEPO

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Re: Serious stonks strategy talk
« Reply #73 on: March 05, 2020, 03:27:07 PM »
fuck spy is cockteasing like a mfer, break already

Propagandhim

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Re: Serious stonks strategy talk
« Reply #74 on: March 05, 2020, 03:39:14 PM »
Teach me your second hand knowledge about options trading james. I want to retire next year.

Keep refreshing this page and do whatever the posts with the most comments and upvotes are saying

https://www.reddit.com/r/wallstreetbets/comments/fdtomr/daily_discussion_thread_march_05_2020/

 :lol :lol

james

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Re: Serious stonks strategy talk
« Reply #75 on: March 05, 2020, 04:06:22 PM »
Well folks, Im officially an international stock broker




Time to load up on treasury bonds!
:O

shosta

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Re: Serious stonks strategy talk
« Reply #76 on: March 05, 2020, 04:20:52 PM »
this is turning into one of the most entertaining threads in a long time :lol
每天生气

james

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Re: Serious stonks strategy talk
« Reply #77 on: March 05, 2020, 04:22:20 PM »
this is turning into one of the most entertaining threads in a long time :lol

Get in on this while you still can
:O

BisMarckie

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Re: Serious stonks strategy talk
« Reply #78 on: March 05, 2020, 04:23:09 PM »
I paid a hundred bucks for dumber things.

James better not use that money to commission Splatoon fanart though   >:(

shosta

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Re: Serious stonks strategy talk
« Reply #79 on: March 05, 2020, 04:23:25 PM »
Get in on this while you still can
gambling is dumb and triply so while we're in an unpredictable stock market freefall but godspeed you fucking lunatic
每天生气

thisismyusername

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Re: Serious stonks strategy talk
« Reply #80 on: March 05, 2020, 04:24:21 PM »
I paid a hundred bucks for dumber things.

James better not use that money to commission Splatoon fanart though   >:(

Narrator: James does, and becomes the Wolf of Pedophilia-Street.

More seriously: If he makes you $400, that's pure profit in terms of a million dollar loan and you'll start James' political career.

shosta

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Re: Serious stonks strategy talk
« Reply #81 on: March 05, 2020, 04:25:05 PM »
James better not use that money to commission Splatoon fanart though   >:(
once you've made money gambling, there is no sexual imagery on earth that can beat that rush. nothing compares.
每天生气

james

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Re: Serious stonks strategy talk
« Reply #82 on: March 05, 2020, 04:25:40 PM »
Bloomberg also started at the bottom!
:O

filler

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Re: Serious stonks strategy talk
« Reply #83 on: March 05, 2020, 04:32:51 PM »
 :lol
*****

BisMarckie

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Re: Serious stonks strategy talk
« Reply #84 on: March 05, 2020, 04:34:33 PM »
The thing about Ponzi Schemes is that you donít get scammed if you get in early :rollsafe

james

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Re: Serious stonks strategy talk
« Reply #85 on: March 05, 2020, 04:34:34 PM »
Theres no consensus on WSB on what is happening tomorrow

Some say green, some say red

 :fbm

Im hoping we get a 600 point pump so I can load up on casino puts for Kenny
:O

shosta

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Re: Serious stonks strategy talk
« Reply #86 on: March 05, 2020, 04:36:29 PM »
It'll just go down again breh.
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james

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Re: Serious stonks strategy talk
« Reply #87 on: March 05, 2020, 04:38:29 PM »
It'll just go down again breh.

Yeah but first it needs to go up so I can buy them at a discount
:O

BisMarckie

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Re: Serious stonks strategy talk
« Reply #88 on: March 05, 2020, 04:42:03 PM »
I am serious btw about giving you 100 bucks to play with since I am curious how much money reddit can make me. I am too lazy to do it myself though.

Hit me up via DM with your paypal if you are interested :pimp
Seconded James, I want in on this.  :money

Put your money where your mouth is you coward :bolo

shosta

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Re: Serious stonks strategy talk
« Reply #89 on: March 05, 2020, 04:44:27 PM »
Do you guys remember when Atra lost over $20k on cryptocurrency?
每天生气

BisMarckie

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Re: Serious stonks strategy talk
« Reply #90 on: March 05, 2020, 04:45:33 PM »
Do you guys remember when Atra lost over $20k on cryptocurrency?

IĎd be more than happy to lose 20k james, donít listen to the haters

BisMarckie

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Re: Serious stonks strategy talk
« Reply #91 on: March 05, 2020, 05:45:26 PM »
Wow guys, at first I thought the James Investment Fund was a scam since I read about these scams in the news all the time.
But it looked legitimate and well thought out, so invested into the James Investment Fund. Fast forward three months later and not only have I paid back all of my credit card debt, I also was able to take my wife and my 3 girls to Disneyland for an unforgettable weekend. I was able to quit my job and I am now a stay at home dad thanks to the James Investment Fund,
Making money has never been easier! Join the James Investment Fund today! itís worth it!

jorma

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Re: Serious stonks strategy talk
« Reply #92 on: March 05, 2020, 05:53:55 PM »
hmm
it's really tempting. i saw the kind of returns the james of wolf street was posting, and it really does look like he knows what he's doing.

i mean, nearly 100% in one day? that's like 3650% in a year!

james

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Re: Serious stonks strategy talk
« Reply #93 on: March 05, 2020, 06:51:48 PM »
hmm
it's really tempting. i saw the kind of returns the james of wolf street was posting, and it really does look like he knows what he's doing.

i mean, nearly 100% in one day? that's like 3650% in a year!

And that's just me warning up

 :klob
:O

Nintex

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Re: Serious stonks strategy talk
« Reply #94 on: March 05, 2020, 06:58:32 PM »
I am serious btw about giving you 100 bucks to play with since I am curious how much money reddit can make me. I am too lazy to do it myself though.

Hit me up via DM with your paypal if you are interested :pimp
Seconded James, I want in on this.  :money

Put your money where your mouth is you coward :bolo
Send him a PM for paypal info.
GAMER

BisMarckie

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Re: Serious stonks strategy talk
« Reply #95 on: March 05, 2020, 07:12:25 PM »
I am serious btw about giving you 100 bucks to play with since I am curious how much money reddit can make me. I am too lazy to do it myself though.

Hit me up via DM with your paypal if you are interested :pimp
Seconded James, I want in on this.  :money

Put your money where your mouth is you coward :bolo
Send him a PM for paypal info.

We are in this together bois :playa

shosta

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Re: Serious stonks strategy talk
« Reply #96 on: March 05, 2020, 09:22:34 PM »
Yeah but first it needs to go up so I can buy them at a discount
I doubt it. Hope you loaded up on puts today. Japanese markets are shitting their pants right now and Dow Futures are way, way down.
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james

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Re: Serious stonks strategy talk
« Reply #97 on: March 06, 2020, 08:26:10 AM »
Yeah but first it needs to go up so I can buy them at a discount
I doubt it. Hope you loaded up on puts today. Japanese markets are shitting their pants right now and Dow Futures are way, way down.

Shosty when do i switch to calls?
:O

Propagandhim

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Re: Serious stonks strategy talk
« Reply #98 on: March 06, 2020, 09:26:11 AM »
Yeah but first it needs to go up so I can buy them at a discount
I doubt it. Hope you loaded up on puts today. Japanese markets are shitting their pants right now and Dow Futures are way, way down.

Shosty when do i switch to calls?



james

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Re: Serious stonks strategy talk
« Reply #99 on: March 06, 2020, 09:36:11 AM »
Iv and theta are critical for options trading but I have no idea what they mean
:O

Propagandhim

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Re: Serious stonks strategy talk
« Reply #100 on: March 06, 2020, 09:54:17 AM »
Iv and theta are critical for options trading but I have no idea what they mean

Yeah, 'the greeks' are really important: Theta, Delta, Vega, Gamma.  Theta is a measure of how much an option decays in value over time as it reaches expiration if bought (or increases in value if you're selling).  Options put risk on time, which means you can purchase contracts with very little margin, with the caveat risk of being 'out of the money' at the strike of your sale, losing everything.   IV is the expected volatility of the option based on the past volatility and affects the value of the option.  High IV produces high priced option premiums and vice versa.  The rise and fall of implied volatility will determine the amount of theta decay along with the total pricing -- so making trades with expectations of IV movement increase success of the trade.  Delta is an expressed ratio for the option value in respect to the underlying asset - so it indicates how sensitive option prices are to the stock itself. Vega determines how sensitive an underlying is to the changes of IV.  Gamma measures how sensitive Vega is - just like how acceleration is the second derivative, it's measuring the change(accel) of the change(velocity) of the asset price(position).

The big takeaway here is that the Math PhDs at the Renaissance Fund and other hedge funds that are using differential equations to code the most efficient pricing algorithms per movement are wasting their time not refreshing WallStreetBets subreddit.     

 
« Last Edit: March 06, 2020, 10:04:54 AM by Propagandhim »

BisMarckie

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Re: Serious stonks strategy talk
« Reply #101 on: March 06, 2020, 10:03:36 AM »
I feel like I should have sent you the 100 bucks instead. :thinking

Propagandhim

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Re: Serious stonks strategy talk
« Reply #102 on: March 06, 2020, 10:06:20 AM »
I feel like I should have sent you the 100 bucks instead. :thinking

You'll get $15 bucks back in a year at my pace.   :lol

james

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Re: Serious stonks strategy talk
« Reply #103 on: March 06, 2020, 10:07:37 AM »
Iv and theta are critical for options trading but I have no idea what they mean

Yeah, 'the greeks' are really important: Theta, Delta, Vega, Gamma.  Theta is a measure of how much an option decays in value over time as it reaches expiration if bought (or increases in value if you're selling).  Options put risk on time, which means you can purchase contracts with very little margin, with the caveat risk of being 'out of the money' at the strike of your sale, losing everything.   IV is the expected volatility of the option based on the past volatility and affects the value of the option.  High IV produces high priced option premiums and vice versa.  The rise and fall of implied volatility will determine the amount of theta decay along with the total pricing -- so making trades with expectations of IV movement increase success of the trade.  Delta is an expressed ratio for the option value in respect to the underlying asset - so it indicates how sensitive option prices are to the stock itself. Vega determines how sensitive an underlying is to the changes of IV.  Gamma measures how sensitive Vega is - just like how acceleration is the second derivative, it's measuring the change(accel) of the change(velocity) of the asset price(position).

The big takeaway here is that the Math PhDs at the Renaissance Fund and other hedge funds that are using differential equations to code the most efficient pricing algorithms per movement are wasting their time not refreshing WallStreetBets subreddit.     

Just tell me what to buy plz
:O

Propagandhim

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Re: Serious stonks strategy talk
« Reply #104 on: March 06, 2020, 10:09:12 AM »
Iv and theta are critical for options trading but I have no idea what they mean

Yeah, 'the greeks' are really important: Theta, Delta, Vega, Gamma.  Theta is a measure of how much an option decays in value over time as it reaches expiration if bought (or increases in value if you're selling).  Options put risk on time, which means you can purchase contracts with very little margin, with the caveat risk of being 'out of the money' at the strike of your sale, losing everything.   IV is the expected volatility of the option based on the past volatility and affects the value of the option.  High IV produces high priced option premiums and vice versa.  The rise and fall of implied volatility will determine the amount of theta decay along with the total pricing -- so making trades with expectations of IV movement increase success of the trade.  Delta is an expressed ratio for the option value in respect to the underlying asset - so it indicates how sensitive option prices are to the stock itself. Vega determines how sensitive an underlying is to the changes of IV.  Gamma measures how sensitive Vega is - just like how acceleration is the second derivative, it's measuring the change(accel) of the change(velocity) of the asset price(position).

The big takeaway here is that the Math PhDs at the Renaissance Fund and other hedge funds that are using differential equations to code the most efficient pricing algorithms per movement are wasting their time not refreshing WallStreetBets subreddit.     

Just tell me what to buy plz

Edit:  No idea how to trade like WSB.  Wouldn't be able to help you with that.  Nobody knows what direction the market will go. Making huge gambles on short-term directional trades works if you're Moneybags McGee that can Martingale your way out of a down position, otherwise I don't see how it's sustainable.  When it comes to options, I do really conservative spread trading on wide, long-term positions, exiting long before expiry.  Using a rudimentary scanner for anomalies in IV, and take a bunch of long-term trades.  IE: Selling a front month strike and buying a further ITM strike on the month after that and earning a small credit on theta on the value of the short as it moves favorably with IV, with a hedge from the buy.  You earn money as long as the position doesn't move too far from those strikes - instead of from a directional gamble.  Taking advantage of things like this over many trades adds up.  I don't make an exciting amount of money doing it, though.
« Last Edit: March 06, 2020, 11:11:02 AM by Propagandhim »

BisMarckie

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Re: Serious stonks strategy talk
« Reply #105 on: March 06, 2020, 10:10:41 AM »
I feel like I should have sent you the 100 bucks instead. :thinking

You'll get $15 bucks back in a year at my pace.   :lol

Investment tip: Bet on under 2.5 goals on all upcoming Serie A games without crowds. :money

BisMarckie

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Re: Serious stonks strategy talk
« Reply #106 on: March 06, 2020, 10:13:58 AM »
15% is crazy btw.  I am stoked if I make 5% + dividends.  :doge
Granted I am very conservative when it comes to investments that are not taking place on thebore dot com.

Propagandhim

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Re: Serious stonks strategy talk
« Reply #107 on: March 06, 2020, 10:23:50 AM »
15% is crazy btw.  I am stoked if I make 5% + dividends.  :doge
Granted I am very conservative when it comes to investments that are not taking place on thebore dot com.

15% on a really good year.  I don't make much doing this, and managing this stupid thing has gotten old after 10+ years.  I'm at the point where I'm only using options as a hedge on futures because I would rather spend my time doing more important things every morning like reading the shitpost thread.   :smug

Nintex

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Re: Serious stonks strategy talk
« Reply #108 on: March 06, 2020, 01:57:11 PM »
I just send you the money James. 

Imagine all the little kids in some poor place that could've been fed for a day with this money. I will donate 5% of my profits to charity. :hitler
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james

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Re: Serious stonks strategy talk
« Reply #109 on: March 06, 2020, 02:09:09 PM »
Good timing boys.

UAL just had a midday pump so I bought some April puts because the feds can't do anything to force them to not bleed money out the ass.

The order cost like $300 something so it will be easy to track - basically we will split the profit 3 ways.

 :salute
:O

james

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Re: Serious stonks strategy talk
« Reply #110 on: March 06, 2020, 02:09:43 PM »
Off topic but does anyone know what the tax implications are of running an international stock brokerage firm?
:O

james

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Re: Serious stonks strategy talk
« Reply #111 on: March 06, 2020, 02:11:22 PM »
Holy shit just looked at my SPY puts

+$944.46 (270.86%)
   
 Do I sell??????
:O

james

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Re: Serious stonks strategy talk
« Reply #112 on: March 06, 2020, 02:16:03 PM »
Help im hyperventilating
:O

BisMarckie

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Re: Serious stonks strategy talk
« Reply #113 on: March 06, 2020, 02:16:41 PM »
Holy shit just looked at my SPY puts

+$944.46 (270.86%)
   
 Do I sell??????

Joke advice: Sell

Serious advice: sell.

Cash out your initial investment and youíre playing with house money from now on. :playa

james

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Re: Serious stonks strategy talk
« Reply #114 on: March 06, 2020, 02:18:04 PM »
Holy shit just looked at my SPY puts

+$944.46 (270.86%)
   
 Do I sell??????

Joke advice: Sell

Serious advice: sell.

Cash out your initial investment and youíre playing with house money from now on. :playa

I only own 1 though so I cant half sell
:O

BisMarckie

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Re: Serious stonks strategy talk
« Reply #115 on: March 06, 2020, 02:20:30 PM »
Sell, cash out your initial investment and find another high risk bet.

Thatís my approach to sports gambling :trumps

james

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Re: Serious stonks strategy talk
« Reply #116 on: March 06, 2020, 02:22:52 PM »
Ok just sold I think I made lots of money but cant tell where it went
:O

james

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Re: Serious stonks strategy talk
« Reply #117 on: March 06, 2020, 02:24:21 PM »
I think the website crashed??? Nothing is loading??? I use Ally
:O

james

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Re: Serious stonks strategy talk
« Reply #118 on: March 06, 2020, 02:28:48 PM »
Ok I think I figured it out

I bought the SPY puts for $420.54

I sold the SPY puts for $1,386.41

(it shows up in Unsettled Funds?)

Thats pretty good for 2 days right?
:O

BisMarckie

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Re: Serious stonks strategy talk
« Reply #119 on: March 06, 2020, 02:30:25 PM »
Forums poster James to launch late presidential bid :success