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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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Discuss Thrower 12:29 PM 03-18-2020
Originally Posted by Discuss Thrower:
About 40% below what the S&P is currently marked at.
Looks like I was dead wrong.

This isn't like 2008.


Yes. It's much worse.
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J Diddy 01:03 PM 03-18-2020
I'm really glad we pulled a significant amount of cash from our 401k to buy our home months ago.

This shit is past scary.
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Strongside 02:34 PM 03-18-2020
Bought up a bunch of short term SPY calls about an hour before close.

Holy shit that helped.
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lewdog 08:14 PM 03-18-2020
Originally Posted by J Diddy:
I'm really glad we pulled a significant amount of cash from our 401k to buy our home months ago.

This shit is past scary.
Hope your home keeps it's value.

Otherwise it's just another form of losing money in this.
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lewdog 08:15 PM 03-18-2020
Originally Posted by Strongside:
Bought up a bunch of short term SPY calls about an hour before close.

Holy shit that helped.
Current strategies outside of IBIO? :-)

I've been trading in and out of SPY. Liking your SDOW Friday buy with hold over the weekend to sell on drop Monday. Seems to be a cycle.
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scho63 09:26 PM 03-18-2020
The Top 3 investments right now: :-)






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Buehler445 09:50 PM 03-18-2020
Apparently people are stocking up on guns and ammo.

Good stocks to look at?
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Strongside 10:30 PM 03-18-2020
Originally Posted by lewdog:
Current strategies outside of IBIO? :-)

I've been trading in and out of SPY. Liking your SDOW Friday buy with hold over the weekend to sell on drop Monday. Seems to be a cycle.
Strategy is pretty much subjective right now. I’ve been reduced to trading options and spreads based solely upon feel and intuition, which is never where you want to be as a trader.

That said, volatility is great for trading, and we’ve never seen a market as volatile as this.

I do have one great feeling on a short or put move though. ULTA.

So fucking overvalued. It’s going sub-100 soon regardless of what the market does.

Buy a single put contract and watch it go.
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ChiliConCarnage 10:48 PM 03-18-2020
Originally Posted by Strongside:
ULTA.

So fucking overvalued. It’s going sub-100 soon regardless of what the market does.

Buy a single put contract and watch it go.
Why is it overvalued? It has no debt. P/s of 1ish. Definitely dropping like crazy though recently.
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Buehler445 09:34 AM 03-19-2020
Remember how I said the dollar was cratering? Well...it was.


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Discuss Thrower 09:34 AM 03-19-2020
Originally Posted by Strongside:
Strategy is pretty much subjective right now. I’ve been reduced to trading options and spreads based solely upon feel and intuition, which is never where you want to be as a trader.

That said, volatility is great for trading, and we’ve never seen a market as volatile as this.

I do have one great feeling on a short or put move though. ULTA.

So fucking overvalued. It’s going sub-100 soon regardless of what the market does.

Buy a single put contract and watch it go.
The /r/WallStreetBets degenerate who's made $300K thanks to the Kung Flu targeted Ulta as his next big payoff.
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Rain Man 10:21 AM 03-19-2020
I'm curious why Goldman Sachs is up almost 43 percent today. GSBD.
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Discuss Thrower 10:26 AM 03-19-2020
All these pressers do is drop the S&P lmao
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RunKC 12:40 PM 03-19-2020
I’m putting 2-3k in OILU. It’s just too good of a deal right now.
In time it will go back up.
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Discuss Thrower 12:41 PM 03-19-2020
Dude don't hold 3X leveraged products of any kind over night.
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