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OfflineBrian Jones
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Re: Revisiting Stock Picks for January 3rd, 2008 - STJ, SGP, CVS [Re: ManianFH] * 1
    #27692021 - 03/12/22 04:28 AM (1 year, 10 months ago)

I think they bought a bunch of their stock back, which might do something. They're still the company match in my 401K, but it just moved sideways until the whole market started tanking. We shall see.


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"The Rolling Stones will break up over Brian Jones' dead body"    John Lennon

I don't want no commies in my car. No Christians either.

The worst thing about corruption is that it works so well,


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OfflineManianFHS
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Re: Revisiting Stock Picks for January 3rd, 2008 - STJ, SGP, CVS [Re: Brian Jones] * 1
    #27692400 - 03/12/22 12:06 PM (1 year, 10 months ago)

At least yours is sideways. My company offers no match and I’ve lost 30% of my portfolio since last year when they first began offering a 401k. Can’t time the market but fucken A :lol:. I guess some comfort can be taken that my portfolio was small during this downturn, and will be bigger by the time things start peeking up. To log into your 401k through work and see that big red -30.62% Overall, so discouraging haha.

I own some AMZN and though nobody can predict how splits will turn out, I plan to hold this and learn my lesson from selling TSLA way too early after split rumors. A few of my friends were saying fuck finally I can afford some of this stock, so maybe there are a lot of others who felt the same :smile:


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notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


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OfflineBrian Jones
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Re: Revisiting Stock Picks for January 3rd, 2008 - STJ, SGP, CVS [Re: ManianFH] * 2
    #27693452 - 03/13/22 07:15 AM (1 year, 10 months ago)

That sucks that your company doesn't match anything. I work for Amazon, and they are giving 50% of the first 4% of gross, which I think is below average but it's better than nothing. But they pay 100% for school, which makes up for it.  My best friend works for Weathertech and they are matching 100% of first 4% and 50% after that.

For any of the larger company's stock you can buy fractional shares, in a taxable account or an IRA.


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"The Rolling Stones will break up over Brian Jones' dead body"    John Lennon

I don't want no commies in my car. No Christians either.

The worst thing about corruption is that it works so well,


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OfflineManianFHS
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Re: Revisiting Stock Picks for January 3rd, 2008 - STJ, SGP, CVS [Re: Brian Jones] * 1
    #27694241 - 03/13/22 07:39 PM (1 year, 10 months ago)

My brother works for Boeing, and he said their match is something like up to 10% of your income. Literally their match for him is more than my max contribution of 20k/year. Their MATCH, beats my max contribution. Makes me kinda hate my company, fucking cheapskates. Meanwhile the CEO, CFO, and COO make like like 40% more than that of those workers for similar companies in the area. Shit is so top heavy it’s ridiculous. Anyways sorry a rant for a different thread haha.


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notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


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OfflinegeokillsA
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: The Ecstatic] * 2
    #27698890 - 03/17/22 01:33 PM (1 year, 10 months ago)

Quote:

The Ecstatic said:
Got a question about daily trading volume and a safe metric to go by when trying to ensure enough liquidity to sell a relatively high number of shares.




Trading common stock on any company with a household name is generally not going to pose liquidity issues for you.  For me personally, I would want to see average daily trade volume of at least $10 million to feel comfortable trading any given issue in appreciable size.  It's worth noting that how much liquidity you need in order to avoid slippage will depend on how big your typical trade size is relative to the aggregate liquidity.  If your typical trade size is a few hundred to a few thousand dollars, you can get away trading far less liquid stocks (however I would caution that less liquid stocks are generally also less attractive from a risk/reward standpoint).

Since I predominantly trade options these days, I need to involve myself with highly liquid stocks, as the options derivatives are orders of magnitude less liquid than the common shares underlying their value, and therefore spreads can become very wide very quickly, especially during periods of market turmoil.


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OfflinegeokillsA
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills] * 1
    #27699278 - 03/17/22 06:38 PM (1 year, 10 months ago)

As an aside, I can totally dig the Fed's move this week.  They needed to do something, and I think signaling more or less continuous rate hiking for the foreseeable future sets an appropriate baseline expectation, which, if things continue to get more sporty (i.e. further downside), they can now "positively surprise" by skipping a rate hike for whatever bullshit reason they want to pull out of their hat.


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OfflineBaby_Hitler
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills] * 1
    #27699319 - 03/17/22 07:15 PM (1 year, 10 months ago)

Did aiight on MARA over a couple a days. 9% of my gambling money.

Held on my retirement stuff. Still suspect I might wanna set a more conservative position, but glad I didn't panic.


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Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ
(•_•)
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InvisibleTheFakeSunRa
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Baby_Hitler] * 1
    #27699752 - 03/18/22 05:12 AM (1 year, 10 months ago)

Every Chinese stock took a big ass dive. I’m thinking some bounce back might provide some day trade opportunities. Also be careful with after hours with those.

I’ve also noticed that every energy and cyber security stocks that I’ve been watching have been making like daily bubbles about once a week since the invasion. That’ll probably level out but they’ve been jumping like 7-15% in a single day and then going back down twice as fast lol.

Been reading and trying to learn all the factors that go into options. There are so many outliers. I want to do one just to get my feet wet



It’s intimidating

Question:

When there’s a contract between two people can both people win or does there have to be a winner and a loser?


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[quote]Asante said:
You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar.

You know how shit you are, you just don't give a fuck for precisely that reason.

I disendorse you.[/quote]


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OfflinegeokillsA
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: TheFakeSunRa] * 1
    #27700045 - 03/18/22 11:08 AM (1 year, 10 months ago)

Quote:

TheFakeSunRa said:
When there’s a [options] contract between two people can both people win or does there have to be a winner and a loser?




In theory, the person selling the options will come out ahead, as the vast majority of options expire worthless.  A buyer of options pays a pretty steep premium that increases based primarily on how much time is left on the contract before it expires, in addition to how volatile the underlying shares tend to be.  The seller of the contract gets to keep the contract premium in exchange for guaranteeing to either purchase or sell shares of the underlying stock at the strike price of the contract at or before its expiration.

Generally speaking, a break even scenario would be the only way to see both parties coming out equal, but typically one party will come out ahead (there are complex strategies involving buying and selling different strikes and expirations as paired spread trades, that may or may not allow two or more participating parties to benefit, but that's outside the scope of this discussion).


To get your feet wet with options, I would do either of the following:
  • Sell (short) puts as a method of acquiring common shares at a discount
  • Sell calls against an existing position of common shares (aka covered calls) as a method of generating yield



As an example, if I wanted to buy common shares of XYZ at a discount, and XYZ is today trading at $10, I might sell (aka short) a $10 XYZ put option.  A $10 put option on XYZ that expires a month out might be worth $1 (implying a 10% move before expiration).  By selling the put and holding it through to expiration, I get to keep the $1 in time premium on the contract, regardless of the price of XYZ at expiration.  The person who bought the put from me, loses that $1, but may be holding underlying shares in XYZ that they wish to hedge against potential downside (in effect they would be buying insurance on their position).  So if XYZ has fallen to $9 at expiration, the buyer of my put will be able to sell his shares to me at $10 (recapturing the $1 he paid for the put) and I will be "put" (forced to buy) his shares at $10.  However, since I captured $1 in premium for the sale of the put, my effective cost basis is $9.  This would be the breakeven scenario, but may also be psychologically beneficial to both parties, as I as a put seller wanted to buy XYZ at a price below $10 (and indeed my effective basis became $9 when the shares were put to me), and the put buyer didn't want to tolerate a loss of more than 10%, and was in turn able to rid himself of the shares without incurring a steeper loss.

If XYZ was instead below $9 at expiration, I would still have to pay the buyer of my put $10 for the shares being put to me, but I would begin to incur losses since my effective basis would be at $9 with XYZ presently below that level.  The buyer of the put, in turn, would be gaining value with XYZ below $9 since his loss is capped at $1.  It is worth considering that since I sold the naked puts as a strategy to buy shares at a relative discount from the point where I became interested in holding them, I might not be terribly disappointed, even if I would be slightly underwater when the shares were put to me; as it would be far preferable than having purchased the shares at the $10 price they were trading at when I first sold the puts with the intention to acquire the underlying stock.  Likewise, the buyer of the put would be happy because they avoided taking a greater than 10% loss, effectively stopping them out of their position at a tolerable level.

So that's one way to get involved with options that doesn't involve much risk.  Sell a put on a stock that you want to own 100 shares of.  If the shares are put to you, hey, you now have the stock you wanted at a relatively lower cost basis.  If the shares aren't put to you, you get to keep the premium for selling the put option, and can just sell another one, rinse and repeat, until the shares do get put to you.  Keep in mind that you can sell lower strike (in the money) puts which will reduce the probability of the shares being put to you, however as a consequence, you also capture less premium.

A second, equally low risk way to familiarize yourself with options, would be to sell covered calls against an existing common stock position you are holding.  You can also pair this method with the put selling method above... whereby if you are put shares, you can turn around and sell calls against that position to generate more yield.

As an example, if I held 100 shares of XYZ at $10, I could sell a $10 call for $1.  If XYZ is above $10 at expiration, my shares get "called away" from me by the buyer of the $10 call option that I sold, but I still keep the $1, making my effective sale price $11.  If you choose to sell higher (out of the money) strikes when selling calls, you will have a lower probability of having your shares taken, however as a consequence, you also capture less premium.  Nevertheless, this is a solid way to generate yield on existing positions.  And if your shares get called away, you can turn around and sell a put option to either generate additional yield, or ultimately put the common stock position back on your books if the shares are "put" back to you.

NOTE:  Never sell a naked call.  Selling a call option without holding the underlying common shares (or without creating a spread by buying a higher strike call), exposes you to potentially unlimited losses.  It can be very tempting, and I watched a guy on the StockMarketMentor sell super high strike calls on the VIX and its various derivative instruments (e.g. UVXY).  The premium captured was relatively small, but he would do this month after month, year after year, and it started to look like he was really just banking money with little risk... until the bottom fell out of the market, the VIX skyrocketed, and he was caught with his pants down, exposed to naked calls he had sold that were now up in value 1000's of percent.  Ultimately, he blew up his account and hasn't been seen on the forums since.  The lesson here is not to get cocky.  Always recognize that there is risk in a trade, and trade accordingly and within your own means.


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··∙   long live the shroomery  ∙··
...π╥ ╥π...


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InvisibleTheFakeSunRa
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills] * 1
    #27700168 - 03/18/22 12:57 PM (1 year, 10 months ago)

Quote:

  The seller of the contract gets to keep the contract premium in exchange for guaranteeing to either purchase or sell shares of the underlying stock at the strike price of the contract at or before its expiration.




Isn’t that the way there’s no limit to how much you can lose?

Quote:

Sell (short) puts as a method of acquiring common shares at a discount




That’s when you’re betting on the value of stock going down, right? I thought that was risky because a stock can only drop to zero but it could go up to infinity…. (???)

Quote:

may be holding underlying shares in XYZ that they wish to hedge against potential downside (in effect they would be buying insurance on their position)




Doesn’t that just keep you where you started?

Quote:

If the shares are put to you, hey, you now have the stock you wanted at a relatively lower cost basis.




And in this case you can just hold them “forever” like I have some Amazon and shit like that I’m basically just thinking of like a savings account. I mean if Amazon went through the roof I’d sell but basically I’m just think it should grow 2-7% per year on average …. (Off topic ramble)

Quote:

NOTE:  Never sell a naked call.  Selling a call option without holding the underlying common shares (or without creating a spread by buying a higher strike call), exposes you to potentially unlimited losses




I’m scared af I’m going to do that by accident.

Your explanation was good but I’m still scared. I’m sorry if you already explained this but is there a way where it’s impossible to lose more than my initial investment. Like I buy an options contract 100 shares they cost $10 a share I’m balls in a grand but the absolute worst outcome it losing that grand. Not having my savings drained because I took more risk than I understood.



I’m sorry I’m so fucking stupid. I do think it’s hard to wrap your head around before you do it though. Like understanding how to blitz a quarterback if you’ve never seen a football game.


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[quote]Asante said:
You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar.

You know how shit you are, you just don't give a fuck for precisely that reason.

I disendorse you.[/quote]


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OfflinegeokillsA
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: TheFakeSunRa] * 1
    #27700414 - 03/18/22 04:10 PM (1 year, 10 months ago)

Quote:

TheFakeSunRa said:
Quote:

  The seller of the contract gets to keep the contract premium in exchange for guaranteeing to either purchase or sell shares of the underlying stock at the strike price of the contract at or before its expiration.




Isn’t that the way there’s no limit to how much you can lose?




You have potentially infinite losses only when selling a naked call, which is selling a call option without owning a corresponding number of the underlying common stock shares.  If you sell a put, the most you can lose is 100 times the strike price of the put you sold (because losses stop when the stock gets to zero and each standard option contract controls 100 shares of the underlying common stock).


Quote:

TheFakeSunRa said:
Quote:

Sell (short) puts as a method of acquiring common shares at a discount




That’s when you’re betting on the value of stock going down, right? I thought that was risky because a stock can only drop to zero but it could go up to infinity…. (???)




Puts increase in value as the underlying stock price declines.  So if you were using options to make a directional bet that the stock price will fall, you would BUY a put, not sell it.  Selling the put just captures time premium, and may force you to acquire the underlying shares if the stock is below the strike price for the put you sold.  Hence why I referred to it as a method of acquiring common shares at a discount.


Quote:

TheFakeSunRa said:
Quote:

may be holding underlying shares in XYZ that they wish to hedge against potential downside (in effect they would be buying insurance on their position)




Doesn’t that just keep you where you started?




Not necessarily, if you have huge exposure to a specific stock, it may make sense to buy a put as insurance against a short-term pullback.  This can be done for a number of reasons, but I would typically only do this for very large and profitable positions, held in a taxable account, which I want to hold long enough for them to become categorized as "long term" from a tax standpoint (i.e. held for greater than one year).  By purchasing the put, I can potentially offset temporary drawdowns on a large common stock position that has "shot the moon", while still holding the common stock position until it becomes long term.  Note, I don't typically do this type of trade, but options, give you options, and I'm certain some investors would follow this procedure as part of a comprehensive hedging/tax strategy.

Quote:

TheFakeSunRa said:
Quote:

If the shares are put to you, hey, you now have the stock you wanted at a relatively lower cost basis.




And in this case you can just hold them “forever” like I have some Amazon and shit like that I’m basically just thinking of like a savings account. I mean if Amazon went through the roof I’d sell but basically I’m just think it should grow 2-7% per year on average …. (Off topic ramble)




Yes, when shares are put to you, it's the same as you buying them, they're yours as soon as they hit your account (typically the day after the "in the money" put option expires), you're just buying them at a predetermined price instead of the open market price.

Quote:

TheFakeSunRa said:
Quote:

NOTE:  Never sell a naked call.  Selling a call option without holding the underlying common shares (or without creating a spread by buying a higher strike call), exposes you to potentially unlimited losses




I’m scared af I’m going to do that by accident.

Your explanation was good but I’m still scared. I’m sorry if you already explained this but is there a way where it’s impossible to lose more than my initial investment. Like I buy an options contract 100 shares they cost $10 a share I’m balls in a grand but the absolute worst outcome it losing that grand. Not having my savings drained because I took more risk than I understood.




Yes, if you buy (long) a put or call option, the most you can lose is the full value of the option you purchased.  So going long a $10 option, which effectively costs $1000, puts you on the hook for a $1000 maximum loss.  I outlined selling options above, because typically it is the sellers of options who make money most consistently.  Buying options always works against you because as the expiration date draws nearer, the options increasingly bleed out extrinsic value.  If you're a really good, very disciplined trader, buying options can help you grow your account quickly.  However if you lack the discipline to trade well consistently, you can EASILY blow up your entire account with options.  Frankly, selling calls against existing common stock positions is the least risky way of getting familiar with options.  Selling puts is also a great way to acquire stock, you just need to make sure you have enough free capital on hand to purchase the full lot of shares, if the stock ends up being put to you.


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InvisibleTheFakeSunRa
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills] * 1
    #27700532 - 03/18/22 05:52 PM (1 year, 10 months ago)

Quote:

  You have potentially infinite losses only when selling a naked call, which is selling a call option without owning a corresponding number of the underlying common stock shares.  If you sell a put, the most you can lose is 100 times the strike price of the put you sold (because losses stop when the stock gets to zero and each standard option contract controls 100 shares of the underlying common stock).




I think I understand this perfectly now so thank you for your patience. This was a big source of confusion for me.

Quote:

Puts increase in value as the underlying stock price declines.  So if you were using options to make a directional bet that the stock price will fall, you would BUY a put, not sell it.  Selling the put just captures time premium, and may force you to acquire the underlying shares if the stock is below the strike price for the put you sold.  Hence why I referred to it as a method of acquiring common shares at a discount.




Goddamnit. I only understand this like 50%. What I get is that you’re betting the stock price will fall. You have a strikepoint and if it hits the strikepoint before time runs out you make money. After that it gets fuzzy in my head. I can’t visualize it.

Quote:

you would BUY a put






How do you make money by buying something? My caveman brain only understands you make money when you sell. How does it go from buying a put to me paying my power bill?

The part in bold I just barely get. We can save it for later or you can try to dumb it down even more for me.

Quote:

Yes, when shares are put to you, it's the same as you buying them, they're yours as soon as they hit your account (typically the day after the "in the money" put option expires), you're just buying them at a predetermined price instead of the open market price.




It feels good to understand something lol

Quote:

Frankly, selling calls against existing common stock positions is the least risky way of getting familiar with options.




That’s where I want to start then. I use Robinhood for money I want to move around for now and I have TDAmeritrade too but I don’t fuck with that or at least I haven’t yet. But anyway maybe next week you could kind of talk me through buying my first options contract to sell calls against an existing common stock position. I’ll look for something. I have to be able to afford 100 shares, right?



THANK YOU SO MUCH FOR YOUR TIME AND PATIENCE


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[quote]Asante said:
You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar.

You know how shit you are, you just don't give a fuck for precisely that reason.

I disendorse you.[/quote]


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OfflinegeokillsA
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: TheFakeSunRa] * 1
    #27701467 - 03/19/22 02:31 PM (1 year, 10 months ago)

Quote:

TheFakeSunRa said:
Quote:

geokills said:
Puts increase in value as the underlying stock price declines.  So if you were using options to make a directional bet that the stock price will fall, you would BUY a put, not sell it.  Selling the put just captures time premium, and may force you to acquire the underlying shares if the stock is below the strike price for the put you sold.  Hence why I referred to it as a method of acquiring common shares at a discount.




Goddamnit. I only understand this like 50%. What I get is that you’re betting the stock price will fall. You have a strikepoint and if it hits the strikepoint before time runs out you make money. After that it gets fuzzy in my head. I can’t visualize it.

Quote:

you would BUY a put




How do you make money by buying something? My caveman brain only understands you make money when you sell. How does it go from buying a put to me paying my power bill?




Going long (aka buying) a put option in and of itself, is betting that the stock will decline in value.  While there are other calculations involved (especially time value), it can be generally stated that when the underlying stock goes down in price, the price of the put option goes up.  If you bought a put and the stock it is tied to goes down, you can sell it for a higher price and bag the gain.

Shorting (aka selling) a put option in and of itself, is generally done, assuming that a stock won't suffer a major fall in price.  Depending on the strike price of the put option you sell, the stock may still fall in price, but your short put could still make you money.  For example, consider selling an $8 put for $0.25 on a $10 stock.  That $10 stock can fall ~20% all the way to $8.01 at expiration, and you would still get to keep the $0.25 ($25) you took in for selling the contract.  If the stock were at $8 or lower by expiration, you would end up purchasing the corresponding amount of shares for however many contracts you sold.  In this way, you can use short puts to both generate yield and eventually expose you to a stock you want to own, at a more favorable price, if/when the shares are ultimately put to you.


Quote:

TheFakeSunRa said:
Quote:

geokills said:
Yes, when shares are put to you, it's the same as you buying them, they're yours as soon as they hit your account (typically the day after the "in the money" put option expires), you're just buying them at a predetermined price instead of the open market price.




It feels good to understand something lol

Quote:

Frankly, selling calls against existing common stock positions is the least risky way of getting familiar with options.




That’s where I want to start then. I use Robinhood for money I want to move around for now and I have TDAmeritrade too but I don’t fuck with that or at least I haven’t yet. But anyway maybe next week you could kind of talk me through buying my first options contract to sell calls against an existing common stock position. I’ll look for something. I have to be able to afford 100 shares, right?




Robinhood might get the job done, but TDAmeritrade is the better platform, I would suggest familiarizing yourself with it.  Since all standard options represent a contract for 100 shares of the underlying, you are correct that you would need to own 100 shares of the underlying common stock for each call option you sell against it, otherwise you would be exposing yourself to potentially infinite losses (which your broker won't let you do anyway unless/until you are approved for the highest level of option trading).


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OfflineThe Ecstatic
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills] * 1
    #27701832 - 03/19/22 08:37 PM (1 year, 10 months ago)

I use TD as well, the mobile app works great, and everything I need for more than a quick check is accomplished with the thinkorswim desktop app.


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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: The Ecstatic] * 1
    #27702185 - 03/20/22 07:45 AM (1 year, 10 months ago)

A rather amusing clip from Jon Stewart’s new AppleTV+ show, “The Problem” - focused on the stock market.



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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills] * 1
    #27705745 - 03/23/22 12:10 PM (1 year, 10 months ago)

Circling back to the covered call strategy.  I am selling some $30.50 calls against MARA common stock for $0.58.  These expire on Friday, and with MARA trading around $29, will effectively generate a 2% yield on my position in under 3 trading days.  If MARA is above $30.50 on Friday, my shares will be called away, giving me an additional 5.1% gain from the current price on the forced sale of my shares, as well as the 2% from selling the calls, effectively capping my go-forward profit to 7.1% on this position if MARA decides to shoot the moon before the weekend.  With my MARA common stock position already up some 25%, I have plenty of buffer to sit through a pull back and capture yield through the short calls, which I will repeatedly sell until called away, at which point I will turn around and start selling puts to generate yield while rebuilding the common stock position.  For volatile stocks like MARA that have very pricey options, selling premium to trade around a core position is an excellent way to generate yield.

To put things in perspective, consider that there are ~252 trading days in the year, so the 2% yield I'm generating on today's 2.5 day long covered call trade, works out to a 200%+ annualized yield.


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InvisibleTheFakeSunRa
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills] * 1
    #27706083 - 03/23/22 05:42 PM (1 year, 10 months ago)

I got sick last night and was exhausted today so I’m procrastinating a bit on transferring funds to my TD

But yesterday I bought and sold Palo Alto Network three times twice at a 1% gain and finally at 4% gain for a total of 6% on $2000 dollar buys pure scalping

So around $120

but it’s hard to hit 3 in a row like that and compensate for Robinhood’s slippage

but anyway my goal is to see if this little system I’ve developed is profitable for six months and if so slowly increase how much I buy

But yeah - you could hold Palo Alto network for a year and get 2% 🤷♂️

I don’t want to get carried away with optimism but so far I have a good batting average with this scalping thing.


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[quote]Asante said:
You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar.

You know how shit you are, you just don't give a fuck for precisely that reason.

I disendorse you.[/quote]


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InvisibleTheFakeSunRa
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: TheFakeSunRa] * 1
    #27707083 - 03/24/22 03:20 PM (1 year, 10 months ago)

Weed stocks sundial and clever plants made big ass gains today


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[quote]Asante said:
You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar.

You know how shit you are, you just don't give a fuck for precisely that reason.

I disendorse you.[/quote]


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OfflineRailrider
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: TheFakeSunRa] * 1
    #27707991 - 03/25/22 11:02 AM (1 year, 9 months ago)

Bought 20 shares of RTX today 👍


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Any post I post here is pure speculation from other read posts
Best tip for cultivation!


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OfflinegeokillsA
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills] * 1
    #27708631 - 03/25/22 07:14 PM (1 year, 9 months ago)

Quote:

geokills said:
Circling back to the covered call strategy.  I am selling some $30.50 calls against MARA common stock for $0.58.  These expire on Friday, and with MARA trading around $29, will effectively generate a 2% yield on my position in under 3 trading days.




Yield captured.  Had I been at my trading desk, I would have closed these out earlier in the day for near maximum profit and sold the following week's to capture additional premium.  Instead I will look to sell next week's covered calls on Monday.


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