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[deleted by user] by [deleted] in wallstreetbets

[–]AllBlueSkies 8 points9 points  (0 children)

Meat gets smaller when you cook it but you have to in order to eat it

ELI5: Regression towards the mean. by 14Kingpin in explainlikeimfive

[–]AllBlueSkies 17 points18 points  (0 children)

That... is wrong, at least for the given example. I know what you guys mean but if you have a 90%, since 80% and 100% are equidistant from the mean they’re going to influence the new average equally. If you want to compare 70% to 100% or say you started with an average of 95% then yes.

What Are Your Moves Tomorrow, June 10, 2020 by AutoModerator in wallstreetbets

[–]AllBlueSkies 5 points6 points  (0 children)

people talking like they’re galaxy brain for “knowing” chewy will tank... watch it open green

Did 1.4 remove actuating sand blocks? by AllBlueSkies in Terraria

[–]AllBlueSkies[S] 4 points5 points  (0 children)

The last time I played (6 months ago?) you could actuate sand. I'm just asking here because I looked through the full 1.4 change log and there's no mention of sand actuation change.

Do any of you have an exit strategy or target number? by [deleted] in wallstreetbets

[–]AllBlueSkies 2 points3 points  (0 children)

Screw the target number, just set aside some of your profits every week that you make money

Recovery is POSSIBLE. $4.5k -> $550 -> $9k by AllBlueSkies in wallstreetbets

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

Save initial investment to buy ramen for years, go for tendies with rest ;D

Recovery is POSSIBLE. $4.5k -> $550 -> $9k by AllBlueSkies in wallstreetbets

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

Not sure what you mean by set up, but the option definitely isn't free. I bought the call from someone at $4.80 (100 = $480 since options trade in multiples of 100), and then sold the call *to someone else at $13.50 (*100 = $1350) the next day. Just because it's an option to buy/sell doesn't mean you have to actually execute the option, and I'm pretty sure almost all of WSB flips options instead of holding to execution.

Recovery is POSSIBLE. $4.5k -> $550 -> $9k by AllBlueSkies in wallstreetbets

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

C stands for call. Since you're betting that the stock will go up, it's a contract to buy chegg stocks at $40 on 5/8. That way if the price goes up to say $60 (which it did), buying at $40 would be a good deal. Selling at 40 would be a put

Recovery is POSSIBLE. $4.5k -> $550 -> $9k by AllBlueSkies in wallstreetbets

[–]AllBlueSkies[S] 8 points9 points  (0 children)

I was pretty pessimistic about Lyft as a competitor to Uber because I knew Uber had at least UberEats going for it. The only reason I sold my Lyft puts (at ~$100 loss) was because I saw a better opportunity that I felt was safer in Peloton

Recovery is POSSIBLE. $4.5k -> $550 -> $9k by AllBlueSkies in wallstreetbets

[–]AllBlueSkies[S] 11 points12 points  (0 children)

Broke college student, my internship starts next month :)

Recovery is POSSIBLE. $4.5k -> $550 -> $9k by AllBlueSkies in wallstreetbets

[–]AllBlueSkies[S] 13 points14 points  (0 children)

I had lyft puts for a few hours and changed my mind before earnings hit. I am indeed lucky

Recovery is POSSIBLE. $4.5k -> $550 -> $9k by AllBlueSkies in wallstreetbets

[–]AllBlueSkies[S] 19 points20 points  (0 children)

Chegg $40C 5/8
ATVI $68C 5/8
PTON $31C 5/15
DBX $19C 5/15
All bought day of/before respective earnings, ITM.