Still think TITNC3: Return of the Iceberg was peak

NYSE removed its president and replaced her.

Stacy came out on cnbc a while ago and basically said retail is getting screwed by dark pools.

I bet that upset some rich people.

 

Sooo, retail still screwed then

 

It upset those of us that are
$$$-deficient too!

I’m thinking I should probably just take out my dry powder and buy scratch off tickets…

ALL my options are SOVIET RED.

 

Sorry we don't have your money but you can come get 6% of it here and there if you'd like.

 

Cyka blyat!

 

Placed my first options trades today. Low premiums so if I lose it won’t hurt bad.

More so for learning purposes. I figure you can only read/study so much. Just have to jump in at some point.

 

Well, what ya buy?

 

Good luck

Derivatives are the most fun, but as I'm sure you're aware of the most dangerous as well.

 

not sure of the spelling, but I think I’ve heard my Ukrainian coworker use that phrase often.
It uses my favorite four letter word that starts with F.

 

Uh oh.

 

They all expire on the 10th.

Again, I know they’re a long shot but it’s more for learning.

$31 put on Lucid for $12

$9 call on BlackBerry for $29

$45 put on Chewy for $118

@Nimble9 @Iwilltaco @scottstrong89

 

It's definitely worthwhile to pop any play you're considering into https://www.optionsprofitcalculator.com and see just how bad the Greeks are gonna bone you.

 

GWH looking tasty at this price
just need dry powder....

 

Example: LCID 12/10 $31P

 

Those Chewy puts are catching on...

 

https://www.tradingview.com/chart helps so you can use indicators to help time your trades too.

Also, keep notes on your thoughts on why you did the trades and it'll help you learn along the way too.

I just started recording every options trade (mainly as a game) but also to see what my tendencies are.

 

Good luck. I hope it works out for you. Remember to cut losses quick. And take profits and don’t get greedy. You can always paper trade to practice and learn as well.

 

Subscriber only article...
REader M0D3 hack

 

TAKING PROFITS is key. when you have more capital you can buy a handful of positions and let one run just in case you have a high conviction play while you secured gains with the others. I've lost out of a lot of money by not taking profits when I should have.

Also, once you have a strategy stick to it. I deviated from mine today and I'm going to lose at least $50 if not more unless apple gaps up AH and PM tomorrow.

I'm honestly still learning but that's the fun part