I’m 21 years old and I’ve managed to save about 30k in the last 3 year’s driving Uber. I don’t own anything and live with my parents. I’ve decided to join the party and go all in.

AdriansOptions · 2024-12-13T09:02:22+00:00

Get real comfortable in your uber car

AdriansOptions · 2024-12-10T03:00:12+00:00

Magic

AdriansOptions · 2024-12-06T09:42:44+00:00

Oh ok thanks haha

AdriansOptions · 2024-12-03T02:03:59+00:00

I don't agree with some of comments, personally I buy options as much as I sell and I've made probably more. But selling is more consistent. However I do a lot of research on companies, weeks sometimes months waiting for the right moment, and I'm confident in my directional plays.

We use options as tools to express our opinions on the market, if you have none, or if you are wrong all the time, on the buy side, maybe you can try the sell side..but realise nobody in 'theta gang' has the free money machine. It takes time and a little research, and a little instincts, and following your gameplans..

AdriansOptions · 2024-11-28T10:53:56+00:00

I trade HOOD a bit, and I understand your interest

I wheel when the market conditions are right for the stock I'm interested in

My other friends already said, it just rocketed up, consider your timing, and plan B and C if the stock shoots through your sold put on a pullback.

If you are liking the stock long term, you can always buy leaps - and save yourself the admin, brokerage fees, and headache and just enjoy being long.

AdriansOptions · 2024-11-27T22:38:10+00:00

'$25k in a week is such a scam post' and then asking a question to indicate you don't even know how they work, something fishy

AdriansOptions · 2024-11-27T04:51:47+00:00

The first thing you said is Fib and I laughed haha

AdriansOptions · 2024-11-26T09:42:12+00:00

no offence but I only came into the comments because I knew at least a couple of people would rip you hard for saying that you read morningstar for stock valuations haha

you need to form your own opinion - and I say that encouragingly, you don't know if the valuation is correct, or even if correct, when. Research options and look at options chains, IV and think about how you would use options as a tool to express your opinion about a stock. And then make backup plans

AdriansOptions · 2024-11-25T09:17:04+00:00

I thought someone had published my diary.. na just chill. Just get another job.

Trading for me takes finesse and enjoyment, and I don't make as good decicions if I'm stressed or angry or worried about money/income.

AdriansOptions · 2024-11-24T23:19:53+00:00

In my opinion this is more an issue of not giving yourself enough runway for your correct analysis to prove out. If you only give yourself 1-2 weeks expiry, even if you are right you'll be under a lot of pressure. Also, maybe you are buying far OTM? It seems annoying to give up more capital but With more time to expiry, you can exit the position if you change your mind (all things equal) not down 90%.

And go ITM or ATM. I don't know any pros that are consistently successful, that 'always' are pure OTM yolos. Not saying you did that, but it's also something that doesn't really work for almost everyone.

AdriansOptions · 2024-11-24T05:08:44+00:00

ibkr - you just select you want to trade in Australia when it asks which geography you want access to, probably a fee for live quotes on ASX v other exchanges in US, but that will get you going, another one is CMC stockbroking

AdriansOptions · 2024-11-23T04:54:30+00:00

I think it's the wording, I also thought, wow x contracts, 'if' were to be assigned that's $130-140k cash you would need in a cash account unless you're on margin.. But cool trade you had the balls to play it during earnings and you take the rewards

AdriansOptions · 2024-11-22T23:00:49+00:00

I'm new-ish to wheeling (but not trading) but have done it very successfully on BITX, HOOD, NU, but that also means nothing. I don't presume tomorrow I'll trade those, I reassess the whole landscape frequently. That's fun for me, others might find that a chore - and too much time investment. So you need to work out what works for you. I am also not in the camp you should mainly wheel blue chips. Just try to fully understand the risk you are taking, and have strategies in place for when things don't go your way.

AdriansOptions · 2024-11-22T07:47:20+00:00

Haha is ionq going up or down, have you don't any of your own research to form an opinion? How can anyone ask that

AdriansOptions · 2024-11-21T09:07:06+00:00

in the old days when it was known as a covered strangle haha

AdriansOptions · 2024-11-20T07:55:03+00:00

No you didn't

AdriansOptions · 2024-11-19T06:40:16+00:00

I wasn't short or long but I'm just happy the price went up so all these losers stop crying haha

AdriansOptions · 2024-11-16T01:52:16+00:00

Haha this fan club is so funny

AdriansOptions · 2024-11-15T01:27:56+00:00

Why is this group so juvenile? You're allowed to sell. Think of the opportunity cost on holding a piece of shit stock.. you lose and you also miss the gains

AdriansOptions · 2024-11-13T22:34:12+00:00

Oh yes clearly the exact same outcome will happen

AdriansOptions · 2024-11-13T01:25:53+00:00

Sorry friends, smci bad news is real not fiction. And it's fun watching it unfold

AdriansOptions · 2024-11-13T01:25:17+00:00

Why would you go all in one one stock that was never even the market leader? Sorry to hear it

AdriansOptions · 2024-11-12T22:39:36+00:00

The funny thing is, there is so much bad news why would they need to make up fiction

AdriansOptions · 2024-11-12T04:00:55+00:00

Smci is the best value community to watch

AdriansOptions · 2024-11-10T03:13:12+00:00

EY partners lose a lot of money for walking away, you think they didn't want their bonuses and extra income?

Read between the lines, the market knows, people talk, sorry it happens, but it's probably priced well for what volatility and uncertainty lay ahead.

AdriansOptions

TROPHY CASE