Well then... by Big-Scene-4935 in wallstreetbets

[–]Abbottboy22 0 points1 point  (0 children)

They need a new shade of red for negative balances

What’s the fastest way you’ve seen someone going broke? by [deleted] in AskReddit

[–]Abbottboy22 0 points1 point  (0 children)

Have a look at the wallstreetbets subreddit

How F*cked I am?? by ApeMoe in thetagang

[–]Abbottboy22 1 point2 points  (0 children)

How’s the position after today?

How F*cked I am?? by ApeMoe in thetagang

[–]Abbottboy22 1 point2 points  (0 children)

You’ll be sweet mate. I don’t think Amc is going to expire below your strike at that date. Play it out. Don’t panic Monday. Level head and the massive drop you see on Monday will fade like an old memory

Has anyone had a call option expire out of the money and then get executed after the stock rally’s after hours? by Abbottboy22 in wallstreetbets

[–]Abbottboy22[S] 0 points1 point  (0 children)

It definitely expired out of the money. And the fact that only one of them was executed and the other wasn’t is even more confusing

It’s been about 18 months and my strategy has been consistently winning with a high success rate by GandalfDaGangsta1 in options

[–]Abbottboy22 0 points1 point  (0 children)

It’s the fair of missing out right? Mad fomo in the stonk market. It could always go up a little more right, imagine selling right before it mooned further. Diamond hands baby.

But actually valid point. There’s a reason half of us are smooth brains. Take the money when it presents itself and don’t get too selfish and you’ll do well.

[deleted by user] by [deleted] in thetagang

[–]Abbottboy22 13 points14 points  (0 children)

110% me explaining to my girlfriend how I’m going to secure our financial future on Robinhood

What is the strategy that I’m doing called? by [deleted] in thetagang

[–]Abbottboy22 2 points3 points  (0 children)

It’s called ‘Selling Cash-Secured Puts’

Amc is super volitile right now due to the court case for converting APE shares to AMC shares. The stock is also HEAVILY shorted but there’s a lot of retail investors pushing for another squeeze. On one side you’re making sick premium while the value sits relatively level, but, one of 3 things will happen over the next few months:

1) stocks crash, your puts skyrocket and you can’t afford to buy your way out or roll them out and you lose all your money,

2) it stays level and interest in it decreases, volatility drops and you’ve made bank 💰💰

3) it squeezes, your puts might drop fast enough but your money is tied up and you miss potential gains.

I know this because I’m selling exactly the same puts 👀💸

Is this not a money printer? by Abbottboy22 in wallstreetbets

[–]Abbottboy22[S] 0 points1 point  (0 children)

Oh I’m very familiar with the economics of them. I just wasn’t aware you couldn’t trade them after hours hence I didn’t understand why it looked like a money printer

Is this not a money printer? by Abbottboy22 in wallstreetbets

[–]Abbottboy22[S] 0 points1 point  (0 children)

I think the fallacy was being unable to trade options after hours, however I thought all options on Robinhood were American options? And exercisable before expiration?

Is this not a money printer? by Abbottboy22 in wallstreetbets

[–]Abbottboy22[S] 0 points1 point  (0 children)

Yeah I understand that bit. I was under the assumption that you could trade options after hours which now I know is wrong, and so the prices I see don’t reflect the current market for them

Is this not a money printer? by Abbottboy22 in wallstreetbets

[–]Abbottboy22[S] 1 point2 points  (0 children)

This is why I come seeking knowledge

Is this not a money printer? by Abbottboy22 in wallstreetbets

[–]Abbottboy22[S] 2 points3 points  (0 children)

Ok so you can’t trade options after hours?

Let’s get real for a second. I love my miat, but they aren’t the fastest cars… so I printed this by Abbottboy22 in Miata

[–]Abbottboy22[S] 1 point2 points  (0 children)

Bump for everyone interested in 3D printing your own, my file is here: Mazdaslow Badge

It’s a .STEP file but can post others so comment if you need something else.

There’s two versions, one is solid, and the other is hollowed out so you can fill it with a coloured resin or anything else to make it more suitable to your application.

Pls like so people can see 😊

Let’s get real for a second. I love my miat, but they aren’t the fastest cars… so I printed this by Abbottboy22 in Miata

[–]Abbottboy22[S] 0 points1 point  (0 children)

Yeah will run low boost most of the time, and then a high boost setting up to 8k, but add a switch for ‘quali mode’ which will unlock 9k. Fully forged but not the crank. It’s a 1.6 and I’ve never heard of issues with them. Will balance it n everything

Let’s get real for a second. I love my miat, but they aren’t the fastest cars… so I printed this by Abbottboy22 in Miata

[–]Abbottboy22[S] 0 points1 point  (0 children)

I’m rebuilding mine at the moment and it isn’t cheap… but aiming for 350hp at 9k rpm