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BBIG closed over 4. Was a battle there for the last 30 seconds or so
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Where's the Kaboom?! There's supposed to be an Earth-shattering Kaboom!
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Originally Posted By clausewitz8: If you were trying to prove to me you don't get it, you succeeded. Look at this wild as shit going on in Exxon too! 77.5 doesn't equal 78 and the bid's between those two options is only $0.01!!!! Things are fishy everywhere, it's all rigged!! https://www.ar15.com/media/mediaFiles/360527/XOM_PNG-2240327.JPG View Quote The crazy decimal things are partial fills at different prices. |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
Originally Posted By Vengeance6661: Little win for me fellas. Got our of PMI on our mortgage. Another $105/mo back in my pocket. Only took four years to pay down 20%. I'll take some pats on the back....or butt View Quote PMI is one of the biggest scams ever. The guy who started BBRB probably invented it. |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
Originally Posted By Total53: Oh she did it, BBIG closed above $4 Fuck'n A. https://media.giphy.com/media/5jz89jJeyNFSj9pIuD/giphy.gif View Quote Yes. I think I messed up. |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
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"I keep hearing 'must have a dialogue,' but I keep being told to shut up when I speak." -Sand_Pirate
“I’m starting to think the Internet was a terrible mistake.” -Subnet |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
Originally Posted By Total53: Since we've already sold calls on this out-of-control motherfucker, how do we protect ourselves? View Quote View All Quotes View All Quotes Originally Posted By Total53: Originally Posted By clausewitz8: Options are priced according to their intrinsic value - if you have a contract to buy for $75 per share and it's $80 per share, your intrinsic value is $5 per share. 100 share = $500 and their extrinsic value - Your extrinsic value is the value of time and price fluctuations. How that's calculated is complicated but it follows a mathematical formula called the black scholes model. What we don't know and have no way of knowing is the future price of the stock when your option expires. How that's priced in is through something called implied volatility. Implied volatility isn't arbitrary, it's whatever gets you to the current price given the other factors (extrinsic and intrinsic) that make up the model. You solve for X just like algebra back in school. If IV is climbing that means possiblities for large fluctuations are being priced into the model & you're either paying for that potential (buying) or being compensated for that potential (selling). If you're selling potentially huge fluctuations, it's not smart to not protect yourself against the possibility that you're wrong. Because you're not adequately compensated for that risk being realized. Like for example if you took a job with the potential for getting permanently crippled or killed, you'll get paid extra for taking that risk & you're willing to take the risk because you think the odds nothing will happen are still very much in your favor. Perfectly reasonable, but the higher that risk you'll be crippled becomes then the less attractive the higher salary becomes. So you'd be smart to buy insurance if you're gonna take that risk because your salary isn't going to be enough to cover you losing your legs or something. If you're only thinking in terms of the salary, you're not seeing the whole picture, right? I'm trying to explain how to see the whole picture. Since we've already sold calls on this out-of-control motherfucker, how do we protect ourselves? Don't enter into financial contracts you don't understand, this book will explain everything you want to know. But a summary would be don't do it in the first place, actively monitor it and buy back or roll them up and out if the risk vs reward gets out of whack, buy options at a higher strike price (cheaper) to capture those gains for yourself if it blows the top off, sell spreads instead of CCs (buy a $4 call and sell a $5 call), wait it out and hope the price falls back before expiration, eat the losses and consider it payment for an education, buy shares right now to reduce your exposure (not what you're trying to accomplish overall but it fixes today's problem), buy synthetic stock positions if you're sure (buy a call and sell a put - this is functiunally equivalent to buying shares - how that works is explained in the link above but a summary would be: stock = call - put + strike - interest + dividend or rearranged stock = call - put + strike. There's endless more possibilities but they're significantly more complicated. And involve an understanding of the underlying components of option pricing in order to protect against whichever specific greek you're most exposed to suffering from on your trade be that delta, gamma, vega, theta, rho or IV. (well it's not rho actually, it's not been rho in 40 years - rho is interest expense - it's the price you pay/get for borrowing or lending the inherent leverage in options). I probably missed some shit, so this is not financial advice. |
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Teener Crew 4 Lyfe
Callsign: Secretary Bitcoin&Bullion |
Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
Originally Posted By clausewitz8: Don't enter into financial contracts you don't understand, this book will explain everything you want to know. But a summary would be don't do it in the first place, actively monitor it and buy back or roll them up and out if the risk vs reward gets out of whack, buy options at a higher strike price (cheaper) to capture those gains for yourself if it blows the top off, sell spreads instead of CCs (buy a $4 call and sell a $5 call), wait it out and hope the price falls back before expiration, eat the losses and consider it payment for an education, buy shares right now to reduce your exposure (not what you're trying to accomplish overall but it fixes today's problem), buy synthetic stock positions if you're sure (buy a call and sell a put - this is functiunally equivalent to buying shares - how that works is explained in the link above but a summary would be: stock = call - put + strike - interest + dividend or rearranged stock = call - put + strike. There's endless more possibilities but they're significantly more complicated. And involve an understanding of the underlying components of option pricing in order to protect against whichever specific greek you're most exposed to suffering from on your trade be that delta, gamma, vega, theta, rho or IV. (well it's not rho actually, it's not been rho in 40 years - rho is interest expense - it's the price you pay/get for borrowing or lending the inherent leverage in options). I probably missed some shit, so this is not financial advice. View Quote Out and up is what I usually do. You usually can get an extra $1 up for a month out on crazy volatile stuff. |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
Originally Posted By KaiK: Out and up is what I usually do. You usually can get an extra $1 up for a month out on crazy volatile stuff. View Quote That's my plan if it runs next week. Up and out easy peasy. Plus the strike is close to my cost basis, so for me no loss just profit. Only wish I would have waited a few hours, could have snagged another $20 a contract. |
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Where's the Kaboom?! There's supposed to be an Earth-shattering Kaboom!
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Originally Posted By KaiK: The crazy decimal things are partial fills at different prices. View Quote View All Quotes View All Quotes Originally Posted By KaiK: Originally Posted By clausewitz8: If you were trying to prove to me you don't get it, you succeeded. Look at this wild as shit going on in Exxon too! 77.5 doesn't equal 78 and the bid's between those two options is only $0.01!!!! Things are fishy everywhere, it's all rigged!! https://www.ar15.com/media/mediaFiles/360527/XOM_PNG-2240327.JPG The crazy decimal things are partial fills at different prices. What exactly are you saying, because I'm not following? I was showing there's not necessarily a direct relationship between the bid-ask and strike price and used two decimal places to do so. Which is the extent you can put orders into, it's not limited to the 0.05 if that's what you meant (see below). People doing taker orders crossing the bid-ask also has no bearing on my original point either. Maybe I'm just totally misunderstanding things here, which happens all the time Attached File |
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Teener Crew 4 Lyfe
Callsign: Secretary Bitcoin&Bullion |
never underestimate the stupidity of other people
GA, USA
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Originally Posted By Vengeance6661: It really is. Oh you can't afford to put 20% down? Well now we're going to charge you even more monthly just to make you extra poorer. View Quote Right? We need insurance if you fuck up. Bittttccccchhhh you already have my fucking house as collateral!!!! |
"every exercise is a low back exercise if you do it wrong enough"
@MacManus |
Originally Posted By KaiK: Originally Posted By shblackdragon: ask for MVIS Jan 28th '5 on etrade jumped to 0.40. weird. That is a big jump. This is likely MMs taking the day off and leaving the junior traders in charge. Sell orders cancelled before they take off for the 3 day weekend. No one is actually buying at that price. |
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q3131: I can enjoy necrobeastialexhibitionism as much as the next guy, but homonecrobestailexhibitionism is just plain sick.
Tomislav:If you truly love something, you need to shoot it, then set it on fire. (And then post pics!) كا |
Had a good day on one of my spec stocks, $SIRC. Up 24% today.
they actually have revenue and everything! |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
Originally Posted By Vengeance6661: It's Ludacris. So to get it paid down I had to put some big money towards the principal as we only put 10% down four years ago. Whatever they're not getting a free extra $105 from me anymore. That's like an extra 27 MVIS shares per month now. Also https://i.ibb.co/Cn9HJQX/RDT-20220114-1612471111264875966200217.jpg View Quote I thought you were amanbearpig for a second there. |
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q3131: I can enjoy necrobeastialexhibitionism as much as the next guy, but homonecrobestailexhibitionism is just plain sick.
Tomislav:If you truly love something, you need to shoot it, then set it on fire. (And then post pics!) كا |
Originally Posted By clausewitz8: What exactly are you saying, because I'm not following? I was showing there's not necessarily a direct relationship between the bid-ask and strike price and used two decimal places to do so. Which is the extent you can put orders into, it's not limited to the 0.05 if that's what you meant (see below). People doing taker orders crossing the bid-ask also has no bearing on my original point either. Maybe I'm just totally misunderstanding things here, which happens all the time https://www.ar15.com/media/mediaFiles/360527/limit_PNG-2240427.JPG View Quote I must have missed the first post. I'm not sure what you are saying. I was talking about crazy decimal place price of stock. That's just an order that got filled at different prices and they were added together and divided by the number if shares. |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
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Originally Posted By Total53: Since we've already sold calls on this out-of-control motherfucker, how do we protect ourselves? View Quote Just an options noob here, but one thing I do (or at least try) is to not sell calls on all my shares. Doesn't help now if you already did, but something to take note of for the future. I sold 15 calls for varying strikes prices that are all above my highest cost shares and still have 2k shares to let ride. I'm still bagholding BSQR because I couldn't sell in the summer run-up because all my shares were covered during the spike. I guess if factoring in the premium received, I'm not bagholding (or they're very light) but I don't like to look at it that way since they're separate taxable transactions. |
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That was a wild day. I hope the fomo doesn't falter over the 3 day weekend.
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The Frog is Pepe. Someone shouts Hey Pepe @ Hillary rally, then Roger Stone Jedi Mindfucked someone in the Hillary campaign by putting Pepe in the Deplorables meme and now the shit is getting real.
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Originally Posted By nolan7120: Just an options noob here, but one thing I do (or at least try) is to not sell calls on all my shares. Doesn't help now if you already did, but something to take note of for the future. I sold 15 calls for varying strikes prices that are all above my highest cost shares and still have 2k shares to let ride. I'm still bagholding BSQR because I couldn't sell in the summer run-up because all my shares were covered during the spike. I guess if factoring in the premium received, I'm not bagholding (or they're very light) but I don't like to look at it that way since they're separate taxable transactions. View Quote I sell on all mine. And if the stock is doing crazy things I will sell in the money ones below the average price. |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
I need to start a rumor.
I heard from a guy that all the automakers signed deals with MVIS for lidar systems that are being mandated by the EU. |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
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Originally Posted By clausewitz8: Don't enter into financial contracts you don't understand, this book will explain everything you want to know. But a summary would be don't do it in the first place, actively monitor it and buy back or roll them up and out if the risk vs reward gets out of whack, buy options at a higher strike price (cheaper) to capture those gains for yourself if it blows the top off, sell spreads instead of CCs (buy a $4 call and sell a $5 call), wait it out and hope the price falls back before expiration, eat the losses and consider it payment for an education, buy shares right now to reduce your exposure (not what you're trying to accomplish overall but it fixes today's problem), buy synthetic stock positions if you're sure (buy a call and sell a put - this is functiunally equivalent to buying shares - how that works is explained in the link above but a summary would be: stock = call - put + strike - interest + dividend or rearranged stock = call - put + strike. There's endless more possibilities but they're significantly more complicated. And involve an understanding of the underlying components of option pricing in order to protect against whichever specific greek you're most exposed to suffering from on your trade be that delta, gamma, vega, theta, rho or IV. (well it's not rho actually, it's not been rho in 40 years - rho is interest expense - it's the price you pay/get for borrowing or lending the inherent leverage in options). I probably missed some shit, so this is not financial advice. View Quote Great link title...at least the first half, anyway. But want to know, or need to know? The difference has gotten me into a peck of trouble over the years. Growing up, my mom used to tell me, "you're old enough for your wants not to hurt you". I heard that a lot. |
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"Cease quoting laws to us who have swords"
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Little MAVIS climbing after hours. Not much but shes climbing
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Where's the Kaboom?! There's supposed to be an Earth-shattering Kaboom!
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Originally Posted By Tango: Little MAVIS climbing after hours. Not much but shes climbing View Quote That little problem Apple is having I was talking about earlier? Go into R/MVIS and read the "Apple may delay rollout..." thread. Not much "may" about it anymore. They're swamped with problems, in a division with 2,000 people that they've dumped buckets of money into. Apple builds different grades of products, true, but I just can't see their entrance into AR/VR being as a "you might also consider..." kind of deal. The part I like is how almost eerily similar their development path is mirroring Microsoft's enroute to Hololens. Microsoft has a two or three year jump on almost everyone else at the high end now...how much anxiety does that drive for Apple and Facebook? |
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"Cease quoting laws to us who have swords"
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
Originally Posted By KaiK: https://www.ar15.com/media/mediaFiles/173565/Screenshot_20220114-172655_thinkorswim_j-2240514.JPG Oh yeah, think I messed up. I'm buying the dip Monday if there is one. View Quote |
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Where's the Kaboom?! There's supposed to be an Earth-shattering Kaboom!
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Originally Posted By KaiK: https://www.ar15.com/media/mediaFiles/173565/Screenshot_20220114-172655_thinkorswim_j-2240514.JPG Oh yeah, think I messed up. I'm buying the dip View Quote FiFY |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
Originally Posted By Vengeance6661: Sooooooo what you're saying is Apple or Meta is going to purchase MVIS AR vertical for a handsome price very very soon?? ? https://media1.giphy.com/media/YWHRCZjGWYJ6o/giphy.webp?cid=6c09b952d00f147f89811ebccfc831444f20bb7135f2d8ec&rid=giphy.webp&ct=g View Quote I like this rumor. |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
View Quote All the fun. |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
Originally Posted By Vengeance6661: Sooooooo what you're saying is Apple or Meta is going to purchase MVIS AR vertical for a handsome price very very soon?? ? https://media1.giphy.com/media/YWHRCZjGWYJ6o/giphy.webp?cid=6c09b952d00f147f89811ebccfc831444f20bb7135f2d8ec&rid=giphy.webp&ct=g View Quote View All Quotes View All Quotes Originally Posted By Vengeance6661: Originally Posted By Osprey61: That little problem Apple is having I was talking about earlier? Go into R/MVIS and read the "Apple may delay rollout..." thread. Not much "may" about it anymore. They're swamped with problems, in a division with 2,000 people that they've dumped buckets of money into. Apple builds different grades of products, true, but I just can't see their entrance into AR/VR being as a "you might also consider..." kind of deal. The part I like is how almost eerily similar their development path is mirroring Microsoft's enroute to Hololens. Microsoft has a two or three year jump on almost everyone else at the high end now...how much anxiety does that drive for Apple and Facebook? Sooooooo what you're saying is Apple or Meta is going to purchase MVIS AR vertical for a handsome price very very soon?? ? https://media1.giphy.com/media/YWHRCZjGWYJ6o/giphy.webp?cid=6c09b952d00f147f89811ebccfc831444f20bb7135f2d8ec&rid=giphy.webp&ct=g God please make it so. |
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Glock, AR15 and me was always together, just like peas and carrots.
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Originally Posted By KaiK: I sell on all mine. And if the stock is doing crazy things I will sell in the money ones below the average price. View Quote View All Quotes View All Quotes Originally Posted By KaiK: Originally Posted By nolan7120: Just an options noob here, but one thing I do (or at least try) is to not sell calls on all my shares. Doesn't help now if you already did, but something to take note of for the future. I sold 15 calls for varying strikes prices that are all above my highest cost shares and still have 2k shares to let ride. I'm still bagholding BSQR because I couldn't sell in the summer run-up because all my shares were covered during the spike. I guess if factoring in the premium received, I'm not bagholding (or they're very light) but I don't like to look at it that way since they're separate taxable transactions. I sell on all mine. And if the stock is doing crazy things I will sell in the money ones below the average price. You sir, are way more experienced than myself. I remember reading your posts on options in the "DOW falls Under 25k" thread (or whatever it was called) and remember thinking to myself, "wtf is he talking about?" Lol. It's been coming together for me ever since, although this thread is what triggered it. Edit: speaking of that thread, it would be cool if KatanaSword stopped by. I think he got burned bad by betting against a quick recovery, but dude seemed smart as hell and thoroughly enjoyed his posts. Some of the other guys in that thread were a bit arrogant but not him. Or yourself for that matter |
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Originally Posted By nolan7120: You sir, are way more experienced than myself. I remember reading your posts on options in the "DOW falls Under 25k" thread (or whatever it was called) and remember thinking to myself, "wtf is he talking about?" Lol. It's been coming together for me ever since, although this thread is what triggered it. Edit: speaking of that thread, it would be cool if KatanaSword stopped by. I think he got burned bad by betting against a quick recovery, but dude seemed smart as hell and thoroughly enjoyed his posts. Some of the other guys in that thread were a bit arrogant but not him. Or yourself for that matter View Quote That thread beat the bear out of me. Everytime I made the right call and my puts would start printing the FED would come out with a statement. 30% up to -10% in a minute Stonks go up! |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
Took my wife to Newport for a couple days and didn't check my stocks. My $3.50 bbig calls for next week look good.
Mavis not so much |
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"Problem in Venezuela is not that socialism has been poorly implemented, but that socialism has been faithfully implemented."
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Originally Posted By Vengeance6661: Sooooooo what you're saying is Apple or Meta is going to purchase MVIS AR vertical for a handsome price very very soon?? ? https://media1.giphy.com/media/YWHRCZjGWYJ6o/giphy.webp?cid=6c09b952d00f147f89811ebccfc831444f20bb7135f2d8ec&rid=giphy.webp&ct=g View Quote |
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What is the realistic bottom for MVIS? I keep watching and waiting…….it already hit the 52 week low today. Anyone think it will get to sub 1$
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I ended the day up 5%.
Only another 35% to break even. |
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Well this place... (as in this place costs me so much money). But today was the other way, but I still think I screwed up.
I have always been more of a park it in a MF and forget about it. Kind of investor. Well I feel like the overall market is nosebleed. So pulled my MF and went to cash, and it's killing me, with inflation. So been looking around, and started following this thread. Started thinking, maybe I should buy some stocks that are already well off there highs, since the market it so high over all. When BBIG popped up, I jumped in at $2.89 then today I got nervous when it kept having trouble with $4 and so I ended up jumping out on one of the drops at $3.91. Dam, thanks guys But now looking at the after hrs I am starting to think I should have held, 3 day weekend on something like this makes me nervous though. I may buy back in Tus, depending on what I see. Other things I am following MVIS, I was planing on buying it on Tus, dam looks like I missed the ball on that. I really wanted to swap my BBIG for MVIS. lol and that was my plan, sell BBIG on close buy MVIS on open. BUT I guess we will see where things are when they open. Picked up some of the top 3 below in the last week as a more buy hold sorta thing, and they seem to be doing the right thing. Bottom 3 are more tempting gamble. HY T HCSG SENS SDC ERBB Just lol you guys have hooked another one. I am a nob and not willing to get into options at this time, bad taste from trading futures. |
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Originally Posted By nolan7120: You sir, are way more experienced than myself. I remember reading your posts on options in the "DOW falls Under 25k" thread (or whatever it was called) and remember thinking to myself, "wtf is he talking about?" Lol. It's been coming together for me ever since, although this thread is what triggered it. Edit: speaking of that thread, it would be cool if KatanaSword stopped by. I think he got burned bad by betting against a quick recovery, but dude seemed smart as hell and thoroughly enjoyed his posts. Some of the other guys in that thread were a bit arrogant but not him. Or yourself for that matter View Quote KatanaSword is a great guy and I have seen him do so much to help people on hear. Last I heard he got banded and someone told me not to ask about it. I would love to know why he got the ban hammer, cause he was such a good helpful member. I REALLY miss him. |
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