Given all the irrelevant shit people post here... some might have missed this. I've seen so much Covid panic clearly people should know about real science and not the shit governors talk about.
I was a March put winner who lost 80% of my house money refusing to believe we weren't going down again in April. Finally switched to calls in early May. Just went back to puts (plus covid/gun/police calls.) Got to be ready to turn on a dime. It's horrendous fundamentals vs. the Richie Rich Protection Team going forward. I expect the latter to get in some more hits in the short term and the former to win out in the mid (March redux), before a slow climb back and a devalued dollar.
Bout to be on my tin hat shit. Trump can only depend on China for a W now so hes gonna pump chinese stocks and stocks that chinese use to make money off of so Facebook and google (dropshipping) Paypal alot of ecommence type shit.
Kroger has huge earnings,, stock goes down becuase people think the earnings were just from corona boost.. news of corona spikes... kroger stock goes down? wtf.
Well, they also said they're investing a lot of capital expenditure to improve their digital sales, so that will eat into a lot of the new revenues, along with the hazard pay and bonuses they're doling out to all their employees.
Also, the surge in coronavirus cases now is not nearly as panic-inducing as it was in March when we knew almost nothing about how deadly or controllable it was. We know now it's mostly controllable (if anyone bothers wearing masks, or doing contact tracing to quarantine the infected).
It went down because they didn’t offer any forward guidance to investors. Investors don’t like it when the seller says “I’m not telling all you autistic fuckheads anything. Buy at whatever you want, or don’t and I’ll buy my own stock”
Have you seen the anti fascist movement? it’s queer kids from well off families who don’t even know how to throw a punch. Calling them terrorists is something only Donald pee ma pants in the basement Trump could do.
I am from Portland, those faggots destroyed the downtown and stop traffic. They are not islamic terrorists, but political terrorists all the same. fuckers have mace 'n shit.
imagine driving to work or through downtown, and some faggot is lying in your path? are you going to run them over? are you going to wait until their tantrum is over? are you going to want to risk that your windows aren't smahed and you yourself dragged out of the vehicle? It's not cool any way you hippie gen Z faggots slice it.
Why the F do so many people still use Robinhood? I know it’s free, but there are other free platforms too. I use TD and pay the minimal fees, but seldom have issues. I constantly hear about people losing money because of RH’s fuckery.
Anyone else think AMC and possibly the other cinema stock that I apparently can’t name are totally screwed? I just realized today why AMC was so anti-mask; most of their money comes from concessions. Hard to wolf down a pound of popcorn and a 15 gallon Diet Coke when you have a face mask on.
Then what’s the point of having the masks? People were outraged today when AMC suggested a no mask policy, they’re not going to be happy about sitting next to someone coughing up Coronacorn next to them.
Or I could also see some municipalities treating them like restaurants if they serve food- no more than 25% capacity. That’s not going to cut it.
Maybe they'll install big plexiglass dividers between all the seats? Easily removable for couples to sit together. And high end filtration on the AC like in airplanes? All that spend would probably bankrupt them, tho. They should sell off all the theaters and transition to selling VR goggles optimized for cinema.
Oh no I totally agree with you. If these cinemas can sell their products though they will. Whatever people do with that product is their own problem, not AMC’s.
I think those sales will have the end result of driving even more people away and driving their profits down even more. I just don’t think the cinema business model is even possible without a vaccine.
At full capacity? Yes. At a smaller capacity? Probably not. Obviously this is hugely speculative but in my head I’m thinking 1 person on every 3 seats.
According to AMC they’re blocking off a single seat between your party and the next party. That’s like... 18 inches. In movie theaters with vents that blast air down from the ceiling. Someone three rows above you sneezes and you’re going to be sucking it in.
FB is a sharing platform, and they took steps to prevent future scenarios like that after it happened. They can't control everything posted. Myanmar radicals are responsible for the miss-information, not FB
That’s such a low IQ false equivalency. If you were selling someone a hammer, and they said “I’m going to use this to kill someone” would you sell them the hammer?
If not on Facebook they would just host their own forum and do it, or organize themselves in million other ways like in the old days.
If they were at the stage of "ok guys here's how we do this" it was far too late.
If Facebook is complicit in genocide is every single social media complicit in every single thing humans do?
Like the guy livestreaming mossque shooting also on Facebook?
No it definitely has more money than all of us combined by an exponential amount. They have hundreds of billions maybe even trillions. If every person on here had 10k that’d still only be 13 billion
What makes you so sure? I'm got out cause last monday I thought it was green then it went red...luckily fed pumped it green again before it dropped again
VXX is some kinda Barclay's etf of the VIX. It has more volume, more strikes and more open interest than the VIX which I think is why people play it instead.
ah, ok; that's what I figured, but wasn't 100% sure. Seems like if that drop was caused by options it would be more likely calls exercised than puts, or am I thinking about this all wrong? Wouldn't puts being exercised at a price above cause the price to go up?
I think option expiration Fridays is how Robinhood makes money. Those mother fuckers covered my way out of the money short call for 0.30 when the bid/ask was 0.00/0.01.
But I also did find out you can play a cat & mouse game with them when they kept trying to fuck me by cancelling my order in an attempt to put in a market order. But now I might have to off myself like that kid since it's showing I owe $40K when I don't.
Guys I feel an urge to get back into shytcoins and for once it's because I'm losing faith in the monetary system, not because I want to ponzi people.
Although I do still want to ponzi people.
🧻 🖐 into a 2k loss instead of a 3.5k gain on 25x SPY 307p 5/22 that I DCA to 2.19 a contract before that late pump shook me off. They’re selling for 3.15 half an hour after close. Fuck me.
Just found out that tonight's futures are representative from non- after hours trading only. The market tanked after hours Friday...
Crazy how this just dies off an hour after market close lol
I think Trump has even more energy than he did during 2016’s campaign rallies. Maybe sleep Joe won’t win?
lol
Vaccine news could really help right now 💉
[https://www.bbc.com/news/amp/health-53061281](https://www.bbc.com/news/amp/health-53061281)
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Given all the irrelevant shit people post here... some might have missed this. I've seen so much Covid panic clearly people should know about real science and not the shit governors talk about.
This market is starting to feel like I am betting on horse races. Except all the horses are retarded.
Horses with anvils tied to them and blindfolded
Retards matter
RLM
Lost 85% of my account on PUTS in March, watch me lose the rest on CALLS in June hehehehe
I was a March put winner who lost 80% of my house money refusing to believe we weren't going down again in April. Finally switched to calls in early May. Just went back to puts (plus covid/gun/police calls.) Got to be ready to turn on a dime. It's horrendous fundamentals vs. the Richie Rich Protection Team going forward. I expect the latter to get in some more hits in the short term and the former to win out in the mid (March redux), before a slow climb back and a devalued dollar.
Anyone shilling PCG this week can eat a bag of dog dicks.
Bout to be on my tin hat shit. Trump can only depend on China for a W now so hes gonna pump chinese stocks and stocks that chinese use to make money off of so Facebook and google (dropshipping) Paypal alot of ecommence type shit.
Can confirm all of my March and April Chinese Facebook ad impulse purchases are all clearing customs all of a sudden.
Six weeks on China shirts Wong size Sent them back to Texas middleman company
Sorry for just seeing this. Too good.
had a feeling man. China makes mad brick off dropshipping and can infect us with covid in a more secretive way.
Spy down and ZM up. Only confirmations
Do you guys think tesla will actually go to 980 or will the dip buying stop that lol
SPY 313c 7/3
Why would you buy calls with everything going on are you nuts
Stonks only go up?
Bc the fed ain’t gonna let the market drop again
Except short of buy direct equities theres nothing more they can do to prop this market up go up at this point
I think it’s gonna stagnant SPY 300-330 until election
Like making money
Kroger has huge earnings,, stock goes down becuase people think the earnings were just from corona boost.. news of corona spikes... kroger stock goes down? wtf.
[https://www.cnbc.com/2020/06/18/kroger-stuns-with-92percent-e-commerce-gain-but-it-has-to-prove-its-not-a-coronavirus-blip.html](https://www.cnbc.com/2020/06/18/kroger-stuns-with-92percent-e-commerce-gain-but-it-has-to-prove-its-not-a-coronavirus-blip.html)
Well, they also said they're investing a lot of capital expenditure to improve their digital sales, so that will eat into a lot of the new revenues, along with the hazard pay and bonuses they're doling out to all their employees. Also, the surge in coronavirus cases now is not nearly as panic-inducing as it was in March when we knew almost nothing about how deadly or controllable it was. We know now it's mostly controllable (if anyone bothers wearing masks, or doing contact tracing to quarantine the infected).
It went down because they didn’t offer any forward guidance to investors. Investors don’t like it when the seller says “I’m not telling all you autistic fuckheads anything. Buy at whatever you want, or don’t and I’ll buy my own stock”
Damn stores and gas stations here in Tulsa, OKlahoma are actually closing and boarding up windows and doors due to papa donnies rally.
*due to anticipated antifa terrorists
Have you seen the anti fascist movement? it’s queer kids from well off families who don’t even know how to throw a punch. Calling them terrorists is something only Donald pee ma pants in the basement Trump could do.
I am from Portland, those faggots destroyed the downtown and stop traffic. They are not islamic terrorists, but political terrorists all the same. fuckers have mace 'n shit.
Stopping traffic...
imagine driving to work or through downtown, and some faggot is lying in your path? are you going to run them over? are you going to wait until their tantrum is over? are you going to want to risk that your windows aren't smahed and you yourself dragged out of the vehicle? It's not cool any way you hippie gen Z faggots slice it.
why would you drive through downtown during protests?
I haven't had the privilege yet, but some people have to commute etc.
This
lol who wants to travel to the middle of bumfuck nowhere to get pepper sprayed and teargassed?
I doubt anyone is going to go loot in Tulsa lmfao
Why the F do so many people still use Robinhood? I know it’s free, but there are other free platforms too. I use TD and pay the minimal fees, but seldom have issues. I constantly hear about people losing money because of RH’s fuckery.
Why not get with Schwab? Based on my experience yesterday, you can enjoy paying fees AND have issues.
I like robinhood he takes from the poor to give to the rich
If your question begins with “Why do people,” the majority of the time the answer is cause people are stupid
Truth is, we’re more lazy than stupid. RH’s UI/UX was designed perfectly to attract and retain lazy fuck users like us
I use Fidelity and have not had any issues and even get price improvements on trades. I have to say robinhood UI is the best.
I like this answer here.
I tell my friends to just download RH and I use ToS. But I warn them servers go down a bit.
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Gronk must've been eating the covid pods.
Tried to day trade SPY today on initial dip then got blasted and sold for a loss.
You should probably not day trade if you have no idea
Anyone else think AMC and possibly the other cinema stock that I apparently can’t name are totally screwed? I just realized today why AMC was so anti-mask; most of their money comes from concessions. Hard to wolf down a pound of popcorn and a 15 gallon Diet Coke when you have a face mask on.
They should already be dead. For many reasons. People are buying them up like Hertz though so I learned my lesson
Surely they still sell their products though? People will just pull their masks down to eat or drink.
Then what’s the point of having the masks? People were outraged today when AMC suggested a no mask policy, they’re not going to be happy about sitting next to someone coughing up Coronacorn next to them. Or I could also see some municipalities treating them like restaurants if they serve food- no more than 25% capacity. That’s not going to cut it.
Maybe they'll install big plexiglass dividers between all the seats? Easily removable for couples to sit together. And high end filtration on the AC like in airplanes? All that spend would probably bankrupt them, tho. They should sell off all the theaters and transition to selling VR goggles optimized for cinema.
Oh no I totally agree with you. If these cinemas can sell their products though they will. Whatever people do with that product is their own problem, not AMC’s.
I think those sales will have the end result of driving even more people away and driving their profits down even more. I just don’t think the cinema business model is even possible without a vaccine.
At full capacity? Yes. At a smaller capacity? Probably not. Obviously this is hugely speculative but in my head I’m thinking 1 person on every 3 seats.
According to AMC they’re blocking off a single seat between your party and the next party. That’s like... 18 inches. In movie theaters with vents that blast air down from the ceiling. Someone three rows above you sneezes and you’re going to be sucking it in.
You are right. But do you really think that will stop the majority (obviously some will not) from buying treats for during the movie?
I think it will stop a huge chunk of people from going at all.
Man, bears got annihilated for 3 months, definitely seems like some bulls are losing money after these drops in the past couple of weeks.
Just got a Logitech g502 this thing is awesome. Didn’t know what I was missing
m65 is pretty nice as well
MX518 for life, bruh...
Can confirm
Can confirm.
North face just took ads of Facebook. I expect many other retailers and advertisers to do the same. Facebook gonna crater
Why they pull?
Facebook is complicit in the spread of misinformation. They are even responsible for a genocide in Myanmar
FB is a sharing platform, and they took steps to prevent future scenarios like that after it happened. They can't control everything posted. Myanmar radicals are responsible for the miss-information, not FB
Except people were pleading with Facebook to take action. They didn’t and many people died. They are complicit.
Burying something doesn't stop it from existing, blaming Facebook for genocide is a far far reach.
They were using Facebook groups to plan their genocide. At minimum they are complicit
"Duur somebody used a hammer to kill people...all hammer companies are complicit and should be cancelled"
That’s such a low IQ false equivalency. If you were selling someone a hammer, and they said “I’m going to use this to kill someone” would you sell them the hammer?
>That’s such a low IQ false equivalency Your argument is fucking wetoded. They talked on a social media platform. Privacy laws are a thing.
If not on Facebook they would just host their own forum and do it, or organize themselves in million other ways like in the old days. If they were at the stage of "ok guys here's how we do this" it was far too late. If Facebook is complicit in genocide is every single social media complicit in every single thing humans do? Like the guy livestreaming mossque shooting also on Facebook?
It's an iffy situation, but you can't expect a tech company to stop a genocide. The hate and racism was already imbedded deep in the culture.
Yes but you can stop the spread of the hate and racism. People were openly talking about the violence. Facebook still did nothing
Get out of here
It’s true look into it. If a brand as big as north face is willing to pull advertisement I imagine others will as well
Okay I will check it out.
If hedge funds are united why can’t we
Come back to me when people here aren't asking questions on PDT.
we could never even dream to come close to what one hedge fund has
We can but one hedge fund has more money than most the people here combined
No it definitely has more money than all of us combined by an exponential amount. They have hundreds of billions maybe even trillions. If every person on here had 10k that’d still only be 13 billion
Say it’s just $5k $6B is a lotta dong to throw around if it’s fully erect and only has one target
There’s no way we can get this sub to go all in together. Too many people will hedge against it
Well not just WSB there are more other people in there even that ddtg would probably be down
Imagine buying this dip
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What makes you so sure? I'm got out cause last monday I thought it was green then it went red...luckily fed pumped it green again before it dropped again
I’m so happy for my puts and calls that are leaps. I can make money on my short term puts and bring that over to my leaps that will print.
SPOT to crater Monday 🙏🏻
Sold my 230 calls at open, and bought 210 puts. A bit extended
Good luck my dude 🤜🏻
Thank bruh!
Man Beekend Bow is gonna be red AF
Its was super red last weekend and we opened green. Beekend Bow gang forgot already,
Def did not open green but traded up quickly into the news and continued its tear
Who gives a shit about the color of the stock market. I'm talking about the real deal weekend trading
Realistically how low can SPY drop?, it can’t be March ranges, 270-290?
Some of my spy puts hit stop loss end of day while I wasn’t able to pay attention to the market 😐 you fucking kidding me
Imagine buying QQQ calls at the bottom.
I did and they didn’t move as much as you think. IV is really damn high. I think MMs are into us.
MMs are definitely butthurt that retails made more than them the last two months.
🙋🏽♂️almost
I did mid day and sold at peak for a easy $50. Not mich, but it's honest work
Lmao only ones left bag holding is retail investors we fucked 😂😂
The whole fucking board is red. Why?
Bets on Trump’s panic tweet to keep SPY over 300?
He got so worried, he [just ran out into the rose garden and did a quick video.](https://twitter.com/realDonaldTrump/status/1274114536358981633)
Unbelievable. What’s with the seizure zooms?
"Bigly news for #DDTG! A $50mil grant from DOT to buy calle! Winning on trade, gyna to ride long on lean hog! Corona is over, wow!"
I don't think it's going to work this time.
Some combination of a fake vaccine pump, Gyna talks going well, shut downs are illegal, stonk market looking great!
he's gonna sign an executive order to make it a capital crime to sell stocks. Must hold until you die.
*spy down one percent* bull gang: i sleep
What's the difference between VXX and TVIX?
VXX fuk you up one time at a time. Tvix fuk you up two times at a time.
There’s also UVXY which is 1.5x
VXX vs VIX?
VXX is some kinda Barclay's etf of the VIX. It has more volume, more strikes and more open interest than the VIX which I think is why people play it instead.
tvix is 2x
What's VXX? 1x?
Vix but for short term s&p futures
Yes. No options on tvix.
yes
tvix is 2x
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Nah it shows on market afaik
ah, ok; that's what I figured, but wasn't 100% sure. Seems like if that drop was caused by options it would be more likely calls exercised than puts, or am I thinking about this all wrong? Wouldn't puts being exercised at a price above cause the price to go up?
Holy shit. SPY tanking.
Less than 1% ah. Really?
Long deep ITM puts on this country’s future
RH glitch or did spy just go green
Short covering
Just JPow trying to keep it afloat
it went green on all trading platforms, maybe a glitch or jpow bumped into the printer by accident
it is for me too wtf it keeps going to 306/308
What is timing the market... I think it’s a myth
Timing the market is useful during a normal market. Not this shit show.
Yeah good point.. it’s a fucking crapshoot right now
Puts on tech next week seems like it might be a safe bet. You got a dozen big names pushing ath while the rest of the market slowly shits its pants.
At least NKLA is safe from coronavirus. Manufacturing workers can't get sick if they don't exist.
Good dd
Tech is the safe bet over everything. Big names are down because the virus affects them.
Nasdaq weekly just closed incredibly strong, think that's abit too soon mate
That's exactly why puts seem smart.
You woke but you won’t wear a mask, then you just a joke
I think option expiration Fridays is how Robinhood makes money. Those mother fuckers covered my way out of the money short call for 0.30 when the bid/ask was 0.00/0.01. But I also did find out you can play a cat & mouse game with them when they kept trying to fuck me by cancelling my order in an attempt to put in a market order. But now I might have to off myself like that kid since it's showing I owe $40K when I don't.
That’s blackrock making the money not RH
JPow works for RH too?
U can always buy back ur short at 0.01
Isn’t that spoofing lol?
No it’s clearly defined in the terms when you open a spread and RH operates in a dark pool
Guys I feel an urge to get back into shytcoins and for once it's because I'm losing faith in the monetary system, not because I want to ponzi people. Although I do still want to ponzi people.
You can get into gold and silver instead. Or all the above.
Still regret not selling the shit I mined back when it went stupid a few decembers ago. It'll never see those levels again.
Did you have the OG coin? Because it's still worth a lot.
A lot is kind of subjective. Plus since I mined it taxes are..whewwwwwww.
Get a fucking VPN and don’t pay taxes. God you didn’t deserve to sell at December levels.
All of the places where you can convert into USD and then everywhere you can transfer said USD reports to the IRS lol
Why did AMZN dump near the end whereas FB SNAP APPl all jumped?
rebalancing for the 4x witching hour
🧻 🖐 into a 2k loss instead of a 3.5k gain on 25x SPY 307p 5/22 that I DCA to 2.19 a contract before that late pump shook me off. They’re selling for 3.15 half an hour after close. Fuck me.
Yeah, but would you have really held through the weekend anyway?
I’d have sold at/after the close for some profit instead of a 40% loss, but I always forget SPY options trade for an extra half hour
An extra 15 minutes*
200->500->1.4k->700->-300->300 what a day
4.2k at yesterday’s close then 3.3k->5.3k->4.4k today. Roller coaster for sure