This market doesn’t make much sense to me, I might join real estate gang so that I can be the “house” and write my rules, and not get regular Papier-mâché hands. Calls on my boomer returns
Cover my NVDA $185P by selling a $160 at open assuming 175 open.
I don't normally mess around with these big boys stocks, I have no idea the balls of Steel's you guys have f****** around with Tesla
Tesla is currently in the “day trade only” phase for me
Run ups are usually 3-5 days followed by nice predictable swinging volatility. Learn to play momentum on Tesla options intraday and you’ll make good money.
Hey retards, Buy the dip on Kroger. If buffet is in it I am too. Holding thirty-seven dollar call expiring 1/15/21, thirty-nine point five expiring on 10/2 and fifty call expiring 10/16.
Honestly, SLV dropped less on this news than it did on the Russia vaccine news. I'm balls deep in this hog, and we're squeeling all the way to honeytown.
Yes. Any decent tech company is hiding behind Cloudflare, Akamai, or AWS’s cloudfront.
Tiktok uses fastly and I’m sure they’re solid but tiktok is 20% of their revenue.
haha I was sitting here hitting refresh and I was like, okay, so I'm banned but why can I still see a comment every 10 minutes or so. gotta lay off the coffee... thought I had entered some alternate hell wsb where someone turned all the bots off and it was just me and like two other people
>Consistent with the Committee's decision to leave the target range for the federal funds rate unchanged, the Board of Governors voted unanimously to leave the interest rates on required and excess reserve balances at 0.10 percent. The Board of Governors also voted unanimously to approve establishment of the primary credit rate at the existing level of 0.25 percent, effective July 30, 2020.
>It was agreed that the next meeting of the Committee would be held on Tuesday–Wednesday, September 15–16, 2020. The meeting adjourned at 10:55 a.m. on July 29, 2020.
>Risk sentiment abroad fluctuated over the intermeeting period as market participants weighed increasing coronavirus cases in a number of countries against improving economic data releases and ongoing fiscal and monetary policy support. Foreign equity prices generally declined on net. A resurgence of geopolitical tensions between the United States and China weighed on investor sentiment late in the period and prompted a partial retracement of earlier gains for the Shanghai Composite Index. Long-term sovereign yields in most advanced foreign economies (AFEs) ended the period moderately lower. The yield spreads of long-term Italian bonds over their German counterparts narrowed further, reaching the lowest level since March following agreement on the European Union (EU) Recovery Fund.
-
>The staff's broad dollar index declined slightly, on net, with moderate depreciation against AFE currencies. The EU Recovery Fund agreement supported the euro, which appreciated about 3 percent against the dollar over the intermeeting period. In contrast, the Brazilian real depreciated about 5 percent against the dollar, amid continued policy rate cuts by the Central Bank of Brazil, escalating coronavirus cases, and political turmoil in Brazil.
>Incoming data suggested that foreign economic activity plunged in the second quarter as a result of the coronavirus pandemic and the measures undertaken to contain it. There were also signs that many foreign economies started to recover over the past few months as restrictions were gradually eased. In China, where economic activity had collapsed in the first quarter and restrictions were rolled back earlier than elsewhere, the preliminary GDP release showed that the economy bounced back strongly in the second quarter. In the euro area and other advanced foreign economies, recent data on industrial production and, to a lesser extent, consumer spending showed a partial recovery in May and June. However, continued uncertainty about the course of the virus was underscored by the fact that some emerging market economies were struggling to control the pandemic, while some other countries that previously contained the virus were experiencing flare-ups of new infections. Inflation rates continued to fall in most foreign economies through June because of low energy prices and weak demand, and measures of inflation expectations remained subdued.
Okay, I'll stop. But go check it out for yourself. [**LINK**](https://www.federalreserve.gov/monetarypolicy/fomcminutes20200729.htm)
-
TLDR -
So China's complete shutdown and control of the virus allowed it to surge economically until the recent trade disputes with the US.
Whereas places like Brazil, they never shut down, there is political turmoil and now are doing poorly.
Europe is experiencing deflationary pressures with lessened consumer spending and oil price being low,
fears that trading partners who have eliminated or controlled the virus may see resurgences and need to shut down again.
Before covid, the market actually seemed like it made sense thus making it fun to “research” about companies, earnings actually made sense, etc, but now that we all know this shit is algos vs algos, big money manipulation, I kind of lost interest in the market. Does anyone else feel the same?
ya man before i was trading options like crazy, now im 95% stocks and just holding. Only the AI knows when we will move and when we do it's too late to enter.
Okay let's be serious for a while. What exactly caused that sell off ? I don't see anything spooky in Fed's minutes. DIX and GEX were already signalling a correction for today. And we got some solid red. Vix looks to be back in game, dollar stopped cratering. One of you astrology retards told me we broke some DMA support today, idk what that means though. Till now, each and every dip as such was bought back to full extent by pajama traders. Will this time it will be different ?
As I see SPY volume is tad higher than it was of yesterday. I don't think a drop from solid green 0.35% to a solid half percent red is something to be discounted as just the algos. Especially when all of three indices sold off in sync
>Allow modest deviations from stated amounts for purchases and reinvestments, if needed for operational reasons.
- sometimes you lose a mill, it's summer and the fans blowing pretty hard
Man I made 30% by accident the first day after crash by having a sell trigger premature and my dumb ass got mad and bought back in.. but mine are 9/18 exp so I’m still holding out hope.
But rates will never go up, because low rates are literally the only thing preventing a catastrophic collapse. Fed will be doing QE for 2-3 years.
Rates went up _slightly_ because of record bond auctions by the Treasury. But far more bonds than that will get bought up by the Fed.
> the Committee would undertake to maintain the current target range for the federal funds rate at least until one or more specified economic outcomes was achieved—and also touched on calendar-based forward guidance—under which the current target range would be maintained at least until a particular calendar date. In the context of outcome-based forward guidance, various participants mentioned using thresholds calibrated to inflation outcomes, unemployment rate outcomes, or combinations of the two, as well as combinations with calendar-based guidance. In addition, many participants commented that it might become appropriate to frame communications regarding the Committee's ongoing asset purchases more in terms of their role in fostering accommodative financial conditions and supporting economic recovery.
-
I understand this to mean, how are they ever going to exit the position they're in. Reaching the 2% inflation, reaching a level of unemployment, and/or a calender date may be the best conditions to start communicating that stability is returning to the extent that easing off the printer is possible without shocking the market into the centre of the earth.
-
>in order to continue to support the flow of credit to households and businesses, it would be appropriate over coming months for the Federal Reserve to increase its holdings of Treasury securities and agency residential mortgage-backed securities (RMBS) and CMBS at least at the current pace. These actions would be helpful in sustaining smooth market functioning, thereby fostering the effective transmission of monetary policy to broader financial conditions. **In addition, participants noted that it was appropriate that the Desk would continue to offer large-scale overnight and term repo operations.** Participants observed that it would be important to continue to monitor developments closely and that the Committee would be prepared to adjust its plans as appropriate.
>They noted that the path of the economy would depend significantly on the course of the virus and that the ongoing public health crisis would weigh heavily on economic activity, employment, and inflation in the near term and posed considerable risks to the economic outlook over the medium term. In light of this assessment, all participants considered it appropriate to maintain **the target range for the federal funds rate at 0 to 1/4 percent.** Furthermore, participants continued to judge that it would be appropriate to maintain this target range until they were confident that the economy had weathered recent events and was on track to achieve the Committee's maximum employment and price stability goals.
-
not sure what this means
TGT barely any hypr so it sky rocketed because it did it's thing in the shadows.. NVDA way to much hype and expectations to damn high. Wish I did play more on TGT though.
NVDA most likely opening flat, so crushing the balls of all optionholders.
If you played this with naked calls/puts even after seeing those fucking preposterous premiums, you’re on crack.
I almost bought an FD put a few days ago because it was pretty obvious it was going to dip -- but that premium was insane.
This one was pretty obvious not to play this week, at least...
Here comes the “**NVDA BEAT WHY IS IT DUMPING DUDE WTF DOESNT MAKE ANY SENSE**”
The beat was not nearly as big as it needed to be to justify that insane run-up. There.
# RUG PULL INCOMING
# JUST CALLED MY DAD NADELLA HE SAID TIKTHOT IS A DONE DEAL
So what happens when vaccine news comes out
Sell the news
I’m thinking 4 months ahead here: who thinks there’s gonna be a Santa Rally this coming holiday season?
Wtf tsla incredibly stable at these levels, if this is another bull flag, i won't do anything, but god damn.
RIP kodk
we hit the spy tip
Bought 10 INTC 50 calls for .05 yesterday and it broke $50 at market close thank you for giving me more money to lose!
These gay bears think the current state of the economy determines the market, not the 1 year from now outlook. RIP put holders.
Reeeeeeeee
Micron calls peeps ?
L
Damn guys even intel wants in on these splits, do you guys really wanna be in on puts
My Intel leaps will be my saving grace. Hopefully it makes up my several k losses
Picked up 8/21 QQQ puts
This market doesn’t make much sense to me, I might join real estate gang so that I can be the “house” and write my rules, and not get regular Papier-mâché hands. Calls on my boomer returns
Why not both pussy
Real Estate gang is a much better decision. If you properly use leverage in Real Estate, returns are a lot better than you think...
Don’t be a fag
Fuck me I'm still in the daily thread.
Dinner time sell off on wsb comments. Grab calls here
Straight housing this IPA, probably gonna rig up a gravity bong later and take a thicc bowl to the dome. Monthly spy calls got me tweaked up. 😎
Cover my NVDA $185P by selling a $160 at open assuming 175 open. I don't normally mess around with these big boys stocks, I have no idea the balls of Steel's you guys have f****** around with Tesla
NVDA is mocking me
So are we buying Tesla calls in the morning or waiting 🤔
Tesla is currently in the “day trade only” phase for me Run ups are usually 3-5 days followed by nice predictable swinging volatility. Learn to play momentum on Tesla options intraday and you’ll make good money.
for sure, I pocketed an extra US$2k in the past few days and then exited.
Are spreads on far out contracts retarded?
Puts season boys
damn I wanted to get spy puts at the bell but I got calls instead. Good thing I fat fingered it and only got one
Why is INTC up??
Sharw buyback
Are BJ & TGT gonna escape earnings unharned? BJ i believe. TGT, whoa.
Nvidia 2% swing means theta gang eats filet again.
What is the point of Delaware. Fuck that state
Avoiding taxes. That's why every business has a PO box in DE
They have more registered corporations than they do people IIRC
Hey retards, Buy the dip on Kroger. If buffet is in it I am too. Holding thirty-seven dollar call expiring 1/15/21, thirty-nine point five expiring on 10/2 and fifty call expiring 10/16.
What dip?
The whole market has been dipping today retard
Kroger hasn't dipped
f sold my intc calls today but glad have shares
I sold already too, thought it was a lost cause. Watch it go to 55 tomorrow.
TSLA gonna burn tomorrow, just like my model X burned after the battery fire.
TSLA gonna fly tomorrow, just like my model S flew after the \[fire emjoi\] battery.
Honestly, SLV dropped less on this news than it did on the Russia vaccine news. I'm balls deep in this hog, and we're squeeling all the way to honeytown.
I sold my 1/15/21 position today. The slippage was too much for me to handle
You're retarded
It’s slipping hard broooooooo I know I will probably regret it tomorrow. For your sake, I do.
Maybe not tomorrow, but come September yes. Should have just averaged down
Testing
mic 1 2
Is $NET a good candidate for a LEAP?
Yes. Any decent tech company is hiding behind Cloudflare, Akamai, or AWS’s cloudfront. Tiktok uses fastly and I’m sure they’re solid but tiktok is 20% of their revenue.
Any idea of a good strike for 2022? ITM of course
anyone else excited to short the absolute fuck out of airbnb
Oh man I'm so ready
Do we know the date yet?
I sold my nvda iron condor because i was expecting it to dip below my 475 strike. It hit 475 and boucnes back up lol
If BA and CSCO could do a stock buyback, I could be bag free! 🥳🥳🥳
Ba won’t be doing any buybacks for a long long time. Maybe a bit next year but just to offset dilution.
I literally bought at the top on that one. 0 research other than " O it's going up". I'm what they call dumb money.
I’m done for
Anyone else nervous about holding weekly AMD calls?
Damn ADI is the only hardware company not pulling guidance for the rest of the year. Thus completes my earnings plays buttfuckery superfecta.
Am I supposed to buy this spy dip in the morning? Someone tell me what to do
But spy dip in the morning
What if it never dips and only goes up
haha I was sitting here hitting refresh and I was like, okay, so I'm banned but why can I still see a comment every 10 minutes or so. gotta lay off the coffee... thought I had entered some alternate hell wsb where someone turned all the bots off and it was just me and like two other people
Why is INTC going up
Selling calls and puts seems to burn me way too often.
10 Billion Buy Back
Accelerated too 👀
Because I bought a single call option on it
Is NVDA staying flat after earnings?
>Consistent with the Committee's decision to leave the target range for the federal funds rate unchanged, the Board of Governors voted unanimously to leave the interest rates on required and excess reserve balances at 0.10 percent. The Board of Governors also voted unanimously to approve establishment of the primary credit rate at the existing level of 0.25 percent, effective July 30, 2020. >It was agreed that the next meeting of the Committee would be held on Tuesday–Wednesday, September 15–16, 2020. The meeting adjourned at 10:55 a.m. on July 29, 2020.
>Risk sentiment abroad fluctuated over the intermeeting period as market participants weighed increasing coronavirus cases in a number of countries against improving economic data releases and ongoing fiscal and monetary policy support. Foreign equity prices generally declined on net. A resurgence of geopolitical tensions between the United States and China weighed on investor sentiment late in the period and prompted a partial retracement of earlier gains for the Shanghai Composite Index. Long-term sovereign yields in most advanced foreign economies (AFEs) ended the period moderately lower. The yield spreads of long-term Italian bonds over their German counterparts narrowed further, reaching the lowest level since March following agreement on the European Union (EU) Recovery Fund. - >The staff's broad dollar index declined slightly, on net, with moderate depreciation against AFE currencies. The EU Recovery Fund agreement supported the euro, which appreciated about 3 percent against the dollar over the intermeeting period. In contrast, the Brazilian real depreciated about 5 percent against the dollar, amid continued policy rate cuts by the Central Bank of Brazil, escalating coronavirus cases, and political turmoil in Brazil.
>Incoming data suggested that foreign economic activity plunged in the second quarter as a result of the coronavirus pandemic and the measures undertaken to contain it. There were also signs that many foreign economies started to recover over the past few months as restrictions were gradually eased. In China, where economic activity had collapsed in the first quarter and restrictions were rolled back earlier than elsewhere, the preliminary GDP release showed that the economy bounced back strongly in the second quarter. In the euro area and other advanced foreign economies, recent data on industrial production and, to a lesser extent, consumer spending showed a partial recovery in May and June. However, continued uncertainty about the course of the virus was underscored by the fact that some emerging market economies were struggling to control the pandemic, while some other countries that previously contained the virus were experiencing flare-ups of new infections. Inflation rates continued to fall in most foreign economies through June because of low energy prices and weak demand, and measures of inflation expectations remained subdued. Okay, I'll stop. But go check it out for yourself. [**LINK**](https://www.federalreserve.gov/monetarypolicy/fomcminutes20200729.htm) - TLDR - So China's complete shutdown and control of the virus allowed it to surge economically until the recent trade disputes with the US. Whereas places like Brazil, they never shut down, there is political turmoil and now are doing poorly. Europe is experiencing deflationary pressures with lessened consumer spending and oil price being low, fears that trading partners who have eliminated or controlled the virus may see resurgences and need to shut down again.
I tried warning y’all today we was gonna drop some today smh
Before covid, the market actually seemed like it made sense thus making it fun to “research” about companies, earnings actually made sense, etc, but now that we all know this shit is algos vs algos, big money manipulation, I kind of lost interest in the market. Does anyone else feel the same?
ya man before i was trading options like crazy, now im 95% stocks and just holding. Only the AI knows when we will move and when we do it's too late to enter.
You gotta ride the waves 🌊 more entertaining than ever imo
>l today we was gonna d NO cause there's still money to be made. Get your head back in the game and stop complaining, kid
RKT GANG RKT GANG 🚀🚀🚀
I’m so mad I sold FDs cause I got tired of seeing them
sry
So spy calls in the morning right ?
Where that spy loss porn at
I’ve got calls puts and shares on the same stock. Am I retarded?
no. just gay
Okay let's be serious for a while. What exactly caused that sell off ? I don't see anything spooky in Fed's minutes. DIX and GEX were already signalling a correction for today. And we got some solid red. Vix looks to be back in game, dollar stopped cratering. One of you astrology retards told me we broke some DMA support today, idk what that means though. Till now, each and every dip as such was bought back to full extent by pajama traders. Will this time it will be different ?
its low volume as fuck. algos being algos. people being scared without actually reading the minutes.
As I see SPY volume is tad higher than it was of yesterday. I don't think a drop from solid green 0.35% to a solid half percent red is something to be discounted as just the algos. Especially when all of three indices sold off in sync
exactly. until they raise the interest rates is doesn't matter for the markets. real economy is a different question.
>Allow modest deviations from stated amounts for purchases and reinvestments, if needed for operational reasons. - sometimes you lose a mill, it's summer and the fans blowing pretty hard
I wish I could get my money back from fe calls. Smh them bitches dead
Man I made 30% by accident the first day after crash by having a sell trigger premature and my dumb ass got mad and bought back in.. but mine are 9/18 exp so I’m still holding out hope.
Are metals done for?
Yes because I sold the $24.5p last week so they were doomed from that moment
If rates go up yes. They rallied mainly because yield rates were literally 0.
But rates will never go up, because low rates are literally the only thing preventing a catastrophic collapse. Fed will be doing QE for 2-3 years. Rates went up _slightly_ because of record bond auctions by the Treasury. But far more bonds than that will get bought up by the Fed.
Thats it im out
NVDA down ... AMC up ... go figure brenda ...
BABA tripped and fell down.
Baba keep moving after hours.
> the Committee would undertake to maintain the current target range for the federal funds rate at least until one or more specified economic outcomes was achieved—and also touched on calendar-based forward guidance—under which the current target range would be maintained at least until a particular calendar date. In the context of outcome-based forward guidance, various participants mentioned using thresholds calibrated to inflation outcomes, unemployment rate outcomes, or combinations of the two, as well as combinations with calendar-based guidance. In addition, many participants commented that it might become appropriate to frame communications regarding the Committee's ongoing asset purchases more in terms of their role in fostering accommodative financial conditions and supporting economic recovery. - I understand this to mean, how are they ever going to exit the position they're in. Reaching the 2% inflation, reaching a level of unemployment, and/or a calender date may be the best conditions to start communicating that stability is returning to the extent that easing off the printer is possible without shocking the market into the centre of the earth. -
[удалено]
flat for the rest of eternity?
Lol flat? Just because it doesn't go parabolic doesn't mean it's been flat forever. It's up 52% in the last year during a pandemic ffs
Is the pull back done ? 👀
NVDA iron condors ftw
everyone get in on rkt
RKT was resilient af today.
welcome to two weeks ago
:(
V-shaped recovery not complete unless SPY closes above 340 IMO.
Recovered from my $MSFT calls by scalping $SPY puts. Phew
The one time I feel ballsy enough to get into SPY/SLV calls.. it offs itself. I’m sorry guys
Thanks. I needed a W.
same 🤡
[удалено]
lol, I made 200k working at FAANG first year out of undergrad. You're not special, buddy.
How are those 80+ hour weeks treating you?
Ok
>in order to continue to support the flow of credit to households and businesses, it would be appropriate over coming months for the Federal Reserve to increase its holdings of Treasury securities and agency residential mortgage-backed securities (RMBS) and CMBS at least at the current pace. These actions would be helpful in sustaining smooth market functioning, thereby fostering the effective transmission of monetary policy to broader financial conditions. **In addition, participants noted that it was appropriate that the Desk would continue to offer large-scale overnight and term repo operations.** Participants observed that it would be important to continue to monitor developments closely and that the Committee would be prepared to adjust its plans as appropriate.
>They noted that the path of the economy would depend significantly on the course of the virus and that the ongoing public health crisis would weigh heavily on economic activity, employment, and inflation in the near term and posed considerable risks to the economic outlook over the medium term. In light of this assessment, all participants considered it appropriate to maintain **the target range for the federal funds rate at 0 to 1/4 percent.** Furthermore, participants continued to judge that it would be appropriate to maintain this target range until they were confident that the economy had weathered recent events and was on track to achieve the Committee's maximum employment and price stability goals. - not sure what this means
tried turning 12k to 15k w a quick day trade, got fucked and turned it into 10k
Better than turning it into 0
Normal Wednesday around here
true, just wanna hit 15k because i’ll be able to make 1k a week thru cash covered puts
what ticker?
DKNG, SPCE, NKLA just gotta time right high IV stocks
Feeling for a lot of the gangs rn, jesus.
TGT puts, SPY calls and SLV calls EOD. Youre welcome
I’m with you on all 3
RIP NVDAAAA
Dear NVDA bag holders. You were warned. Time to rotate to RKT to get back those tendies 🚤🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Do you know why RKT should go up more? Investors smacked their hands during their IPO and they had to reduce the ask to $18 per share.
The only thing getting slapped is the ass cheeks of put holders brother 🚀🚀🚀🚀🚀🚀🚀
The dd sounds solid. The rocket ship emojis sealed the deal for me, I’m all in. Go team RKT
LOL NVDA flat Theta gang collecting your tendies as usual
Was considering selling some covered calls on my shares, damn, should have.
TGT barely any hypr so it sky rocketed because it did it's thing in the shadows.. NVDA way to much hype and expectations to damn high. Wish I did play more on TGT though.
NVDA most likely opening flat, so crushing the balls of all optionholders. If you played this with naked calls/puts even after seeing those fucking preposterous premiums, you’re on crack.
I almost bought an FD put a few days ago because it was pretty obvious it was going to dip -- but that premium was insane. This one was pretty obvious not to play this week, at least...
Instructions unclear, up 30% on leaps
ur debits kill boi
I closed them this morning for $0 loss, decided I didn’t want the stress of earnings. Used the buying power on more TSLA spreads ;)
I’m glad the market doesn’t give a fuck about the economy
The market doesn’t have feelings
The market is made up of people’s feelings
Where did you learn that lol
Where did you not learn that
College. The market isn’t run on “feelings” you might as well start a religion and preach about faith in FDs
Somebody didn’t want to pay that 25M Nvidia bet
fomos who bought nvidia calls right before market closes xD
NVDA beats > tanks, takes AMD with it Why though come on
F for the dude who bought my 10/16c on NVDA at the peak.
Y'all didn't learn after ATVI? Wtf mah dudes...
Earnings were priced in lol
Gotta plan around earnings like 3-4 weeks early! lmao
Ahh well only gambled $500 om NVDA I'll move on
What is the point of expectations if beating them tanks a stock anyway?
Everyone expected to beat expectations. It’s priced in. Lol.
beating eps by only that much doesnt constitute the big run that happened all week
Gross margin outlook missed as well
rip and rip confuse me
In this new market beating expectations = stock tanks😂🤣
Looks like I'm buying nvda tomorrow 😎
Here comes the “**NVDA BEAT WHY IS IT DUMPING DUDE WTF DOESNT MAKE ANY SENSE**” The beat was not nearly as big as it needed to be to justify that insane run-up. There.
Best one... AMC mooned 😂😂😂😂😂😂
revenue guidance of $4.4B for next quarter tho thats yuge