Still think TITNC3: Return of the Iceberg was peak

Is this what we are all looking at?

 

Looks like it

i need to learn options

 

Yeah, you do. The leverage they provide is huge. As long as you win more then you lose you'll make money.

 

Right there with you. Currently, I have been doing a lot of studying.

Perhaps the most I’ve ever done in my life.

 

I’ve started studying a few times but always end up distracted. I tried to buy a call once but I was too broke. That’s probably still the case. I’ll probably wait until I have a solid 1-2k of dry powder to try again.

Only have 1k to go

 

They have DEC options all the way out to $50. That's pretty nuts for a $5 stock. lol

 

I learn quicker when I’m playing a dummy hand vs someone explaining the game.

grab a call with a strike price at the money (atm) which is roughly the same as the ticker’s stock price at the time of purchase, about a month out on one of your favorite closely watched stock in the $1-15 range.

then watch it and your call, like a hawk to learn how the value of your call flows with the stock price.

that explanation probably cost me like $750.

I’m still learning.

 

there's a few good resources that have been shared here...uh...like 2000 pages back...
there's a lot of websites that lay out the options strategies and the general jist of things..
your broker probably has a whole course on 'em too. assuming it's not RH...
tastytrade had a pretty slick interface for options trades..

read a shit ton about 'em before you ever do anything...i think i literally spent a month reading about options before i ever traded one.
paper trading them is prob a good idea...

RMO is a nasty one....that shit will drop like stone out of nowhere...use stop losses.

 

anyone buy the $PROG dip last week?

 

I think he's in the UAE consulting on the Blockchain AEX project...

 

Bought before it dipped. Does that count?

 

Haha sure does!

I only about a 100 and didn't avg down last week but hey if it does get to double digits i'd be happy.

 

we sellin at $4?

 

I have a few $5c that expires this friday so I hope it gets to above $4 today.

I'm selling at $4.20 for the lulz

 

This thing really gapped up…too bad I woke up too late

 

It was in 4.90’s last night when posted. You are still plenty early to lose money on it

 

Okay so $RIVN needs to chill





Also

 

I’d love to know who’s pushing this

 

I was able to get on @ 106$ a share so I grabbed 50 of them, I hope it keeps climbing ...

 

really regretting not getting in lol

like wtf, shorts are going to have a field day with that one