OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[turbospartan]

 

[shibadekobe]

 

[johnnyredstorm]

Bidding on some protection tomorrow. Got the VIX call spread for November, now bidding on some spy put spreads. 292-290 expiring in July for .30, 272-270 expiring in September for .24 and 252-250 expiring in October for .30. This should cover me throughout the most volatile times of the year. Max risk would be $85 on the three put spreads with each one giving me $170 or $176 of potential per spread if they hit (one hits, the other 3 are paid for). If neither hit, means market went up and my stocks printed tendies. Let's hope for a gap up to get me filled lol.

 

[xbiker47]

Pull back would be nice

 

[johnnyredstorm]

 

[アミーゴ]

Consulting now WS have layoffs YIKES

 

[ballinsam23]

Yep a lot of people in my family that went back to work during phase 2 got a 10-15% cut in salary.

 

[アミーゴ]

I just hope everyone in here is in the market for the right reasons

This haircut is going to be SERIOUS

 

[johnnyredstorm]

Really hope I can get these hedges today.

Edit: had to raise my bids a little but filled all of my hedges. even added a November hedge 215/211 put spread. Covered now for all of my downside targets in the event of a second sell off.

 

[lauk4kicks]

What is?

AAPL
and this market overall.


annnnndddd of course as I said that yesterday (and bought more stocks), things are slightly down today for certain stocks. lol

 

[shibadekobe]

$NVAX just crossed $80
*In less than 6 months over +2100%

 

[andycrazn]

$NVAX just crossed $80
*In less than 6 months over +2100%

you in it? if so nice!@

 

[johnnyredstorm]

$NVAX just crossed $80
*In less than 6 months over +2100%

Congrats dude. Killer move that you've been on top of this whole time

Starting back into PD. Looking to add more ~27 and ~25.

 

[shibadekobe]

Congrats dude. Killer move that you've been on top of this whole time

Starting back into PD. Looking to add more ~27 and ~25.

Thanks Professor/OP!! NVAX is my "$PINS"

 

[turbospartan]

$NVAX just crossed $80
*In less than 6 months over +2100%

I'm still riding that one as well, thanks for that tip. You holding this long term ?

 

[andycrazn]

got a haircut yesterday and this pent up demand is real. my guy was cutting my hair while working on 4 other people.

 

[shibadekobe]

I'm still riding that one as well, thanks for that tip. You holding this long term ?

Yes, I am. The Covid Vaccine isn't even their best potential product...their "Nano-flu" will be a game changer.
Also, there is the ever present buyout rumors.
Great ratings by most analysts and PT keeps getting increased.
Corona Wave 2.0 imminent

 

[Olympus]

Added some more TNDM when it was down 3% today. Wishing I held out for 5% like I wanted. Do you guys have a rule of thumb of when you DCA? I’ve heard people say to add on every 5% dip but this seems arbitrary.

 

[pdino]

People swear Real estate (residential) won't be affected, but it's coming. 6-10 months before we see deals popping up everywhere.

^ I agree but also think it's going to be very dependent on location

I'm house hunting in the bay area. Was looking at 800k property. Had 2 offers over listing, cash. Rich people still rich here

 

[jrod54life]

damn everything red

 

[tupac003]

Calls in SQQQ with puts in SPY and BAC have me green today. Even though I'm losing some money on some other calls, those three are doing well today.

 

[アミーゴ]

I'm house hunting in the bay area. Was looking at 800k property. Had 2 offers over listing, cash. Rich people still rich here

Yeah if you have the means it’s a great time to buy

I’ve said my theory many times in here - I’m basically out of my day trading right now because I went with real estate

 

[shibadekobe]

 

[shibadekobe]

I bet $WINS will be a top3 Robinhood holding today

 

[pdino]

Yeah if you have the means it’s a great time to buy

I’ve said my theory many times in here - I’m basically out of my day trading right now because I went with real estate

I'm right there with you. No faith in stock markets for me and mortgage rates at historic lows, possible inflation in our currency.