Misc Stock Market

NCSNOW · Jan 20, 2021

Yall be sure to send all our neighbors(Gawx,Shaggy,Downeast etc) who voted for JB a Thank you card at the end of the year.

Trump's booming stock market in peril as Biden assumes presidency

The record-breaking stock market that President Elect Joe Biden will inherit from President Trump is in danger of post-Inauguration Day selloff, according to Wall Street strategists.

www.foxbusiness.com

LickWx · Jan 20, 2021

What do y’all think about shorting game stop ? Overvalued company with a dead business model . It should be on its way out but the Wall Street Bets autists are driving it up

Broken024 · Jan 20, 2021

NCSNOW said:
Yall be sure to send all our neighbors(Gawx,Shaggy,Downeast etc) who voted for JB a Thank you card at the end of the year.

Trump's booming stock market in peril as Biden assumes presidency

The record-breaking stock market that President Elect Joe Biden will inherit from President Trump is in danger of post-Inauguration Day selloff, according to Wall Street strategists.

www.foxbusiness.com

"But Trump always demanded to be compared with his predecessor, Barack Obama, and there he fell short. The Dow gained 72% during Obama’s first term, 14 percentage points better than it did during Trump’s term, though it was better than the 46% rise during Obama’s second term." ?

How Trump’s Stock Market Performance Stacks Up

The stock market did well. But how do the results compare with those from other leaders?

www.barrons.com

Broken024 · Jan 20, 2021

Lickwx said:
What do y’all think about shorting game stop ? Overvalued company with a dead business model . It should be on its way out but the Wall Street Bets autists are driving it up

Never under estimate the power of those autistic ------- at wsb.

Thor · Jan 20, 2021

Lickwx said:
What do y’all think about shorting game stop ? Overvalued company with a dead business model . It should be on its way out but the Wall Street Bets autists are driving it up

I am mostly out over 40 now. When I bought in the 4s originally my thought was this was one of those stocks that kids at home on robinhood would eat up and drive up the share price....and that happened but never thought 40 dollars a share. It will head down at some point when reality sets in but if those same guys get some more stimulus money who knows.

DadOfJax · Jan 20, 2021

TELL.....OUCH!

DadOfJax · Jan 20, 2021

Will the bleeding stop today? (TELL)

LickWx · Jan 20, 2021

Lol how long till @DadOfJax starts cursing TELL like he did MVIS. Patience my friend ! Learn to be patient and not freak out if it takes a dip .

Broken024 · Jan 20, 2021

Lickwx said:
Lol how long till @DadOfJax starts cursing TELL like he did MVIS. Patience my friend ! Learn to be patient and not freak out if it takes a dip .

How many shares of tell do you have?

LickWx · Jan 20, 2021

Broken024 said:
Never under estimate the power of those autistic ------- at wsb.

You have to wonder what kind of volatility a concerted effort by those autists would introduce to the market , imagine if their following doubles !

LickWx · Jan 20, 2021

Broken024 said:
How many shares of tell do you have?

712!

Broken024 · Jan 20, 2021

Lickwx said:
712!

You should sell 7 $4 call options (2/19 expiration). It'll bring you about $150 premium, but will cap your gains at $4 if Tell goes past $4 by 2/19.

DadOfJax · Jan 20, 2021

Broken024 said:
You should sell 7 $4 call options (2/19 expiration). It'll bring you about $150 premium, but will cap your gains at $4 if Tell goes past $4 by 2/19.

What if you have 4500 shares?

tramadoc · Jan 20, 2021

Can someone explain to me, in simple terms, how to do calls and puts? I tried reading online, but it confuses me.

Broken024 · Jan 20, 2021

DadOfJax said:
What if you have 4500 shares?

You can sell 45 call options for about $1,125 premium ($25 x 45). You can go even lower and sell $3 options for $1,710 ($38x45) - gains capped at $3 though.

DadOfJax · Jan 20, 2021

Broken024 said:
You can sell 45 call options for about $1,125 premium ($25 x 45). You can go even lower and sell $3 options for $1,710 ($38x45) - gains capped at $3 though.

How do I do this through Fidelity?

Broken024 · Jan 20, 2021

tramadoc said:
Can someone explain to me, in simple terms, how to do calls and puts? I tried reading online, but it confuses me.

Think of them as contracts. If you BUY a call option (contract) you have the right to buy shares at x strike price by x date no matter the market price - you want price to go up. If you SELL/Write a call option you are on the other side of that - you collect the premium the buyer paid but are forced to sell your shares at that strike price (you want price to stay below your strike price).

Put is the opposite ... same concept but buyer has the right to SELL shares to the contract writer at x price. Buyer wants the market price to go down.

How to purchase them depends on your brokerage. You might have to request access.

Broken024 · Jan 20, 2021

DadOfJax said:
How do I do this through Fidelity?

You might have to request access to "sell covered calls". I don't have fidelity so I can't say specifically how to do this. You should be able to call them and ask.

DadOfJax · Jan 20, 2021

Broken024 said:
You might have to request access to "sell covered calls". I don't have fidelity so I can't say specifically how to do this. You should be able to call them and ask.

Just applied....thanks buddy!

Broken024 · Jan 20, 2021

This is what options buying screen looks like in Vanguard account. To sell/write an option you would "sell to open".

Misc Stock Market

Football?