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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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RunKC 08:56 AM 04-09-2020
Looks like the bottom was March 23rd. Not sure it goes below that from this point
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lewdog 09:02 AM 04-09-2020
Originally Posted by RunKC:
Looks like the bottom was March 23rd. Not sure it goes below that from this point
That’s a ridiculous statement based on nothing.
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Hammock Parties 09:03 AM 04-09-2020
Originally Posted by lewdog:
IQ dropped below $17 yesterday. Buying?
You are a fool if you buy any chinese stock.
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lewdog 09:09 AM 04-09-2020
Originally Posted by Hammock Parties:
You are a fool if you buy any chinese stock.
BABA says Hi.
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lewdog 12:22 PM 04-09-2020
This quick run up just feels "funny."

Selling covered calls on some of the stocks I picked up during the drop last week. If the market meets resistance and/or decline in the next week, I'll just collect the premiums.
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Discuss Thrower 12:23 PM 04-09-2020
Originally Posted by lewdog:
This quick run up just feels "funny."

Selling covered calls on some of the stocks I picked up during the drop last week. If the market meets resistance and/or decline in the next week, I'll just collect the premiums.
Can you make calendar spread deals?
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scho63 12:28 PM 04-09-2020
Originally Posted by lewdog:
This quick run up just feels "funny."

Selling covered calls on some of the stocks I picked up during the drop last week. If the market meets resistance and/or decline in the next week, I'll just collect the premiums.
:-):-)

Smart move- the premiums built into option prices right now due to volatility is ridiculous. It is a SELLERS market like no other.
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lewdog 12:31 PM 04-09-2020
Originally Posted by Discuss Thrower:
Can you make calendar spread deals?
Please educate me.

xoxo
Lewdog
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lewdog 12:31 PM 04-09-2020
Originally Posted by scho63:
:-):-)

Smart move- the premiums built into option prices right now due to volatility is ridiculous. It is a SELLERS market like no other.
Yeah it is crazy when I was just looking at them before close today.
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Discuss Thrower 12:32 PM 04-09-2020
Originally Posted by lewdog:
Please educate me.

xoxo
Lewdog
https://www.investopedia.com/article...s-strategy.asp

Sums things up pretty well, though you're reason for entering into those trades are your own.

You'll need level 2 authorization for TDAmeritrade / Schwab. Dunno what the equivalent level is for other brokerages.
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Buehler445 09:36 PM 04-10-2020
Originally Posted by scho63:
:-):-)

Smart move- the premiums built into option prices right now due to volatility is ridiculous. It is a SELLERS market like no other.
Yeah, I tried to buy some wheat puts last week and the wheat markets been far quieter than the stock market. Christ, there is no way I was paying that noise.
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lewdog 09:53 PM 04-10-2020
Originally Posted by Buehler445:
Yeah, I tried to buy some wheat puts last week and the wheat markets been far quieter than the stock market. Christ, there is no way I was paying that noise.
You are so farm man.

I love it.
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Buehler445 10:00 PM 04-10-2020
Originally Posted by lewdog:
You are so farm man.

I love it.
Hey man. It's what I am. You're doing this for fun. Grains are a majority of my gross revenue man.
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RunKC 10:05 PM 04-10-2020
Originally Posted by lewdog:
That’s a ridiculous statement based on nothing.
You think it will get to the bottom again? Why is that?

We already know the virus is there for months and we also know earnings won’t be good, so what am I missing?
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banyon 08:32 AM 04-11-2020
Originally Posted by RunKC:
You think it will get to the bottom again? Why is that?

We already know the virus is there for months and we also know earnings won’t be good, so what am I missing?
The only other shoe I see to drop would be if Wall Street hasn’t factored in a second wave making reopening a lot longer. But I don’t know that it would be cataclysmic or anything.
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