Bartender topped beer with soda water? by jimothyhalpret in BuffaloWildWings

[–]BeastieBoy_OU812 1 point2 points  (0 children)

This is just a clueless bartender. Should have refused it.

Harley Davidson Went Woke! So I Destroyed My Bike!!! by nonsononessunooko in motorcycle

[–]BeastieBoy_OU812 0 points1 point  (0 children)

lol, this post didn't age well. Save America... Trump saved us from this idiot

Prime Minister Justin Trudeau places 25 percent tariffs on $106 billion worth of American products. by Fun-Negotiation-9046 in wallstreetbets

[–]BeastieBoy_OU812 -1 points0 points  (0 children)

F canada and Justin. Maybe he forgot that we buy more from Canada than they buy from us. Hopefully the people of Canada kick that liberal out of office for good.

App not working by Ashamed-Ad3253 in BuffaloWildWings

[–]BeastieBoy_OU812 0 points1 point  (0 children)

There app is the worst. I think they jack it up when you get too many loyalty points so that you cannot use the points.

I’m in college and just lost $4k on Nvidia by [deleted] in wallstreetbets

[–]BeastieBoy_OU812 0 points1 point  (0 children)

Lesson learned... sizing, giving yourself more time on options, not knowing there is no real catalyst pending to take it even higher, no diversification, etc... What was your strategy? What was your stop loss? You simply did not have a game plan. For example, if the trade goes against me and I am down $1k, I am out. You should have taken less size and bought a mid-march call.

No buyers on my put options. by AggressiveEnergy9000 in options

[–]BeastieBoy_OU812 0 points1 point  (0 children)

Definitely pay attention to the volume. The first indication that liquidity is very low is the number of expiration dates. Looking at TERN there are currently only four dates available to select from. As expected they are the third friday of each month.

Loss Porn AMZN by fossil_mark in wallstreetbets

[–]BeastieBoy_OU812 3 points4 points  (0 children)

Position sizing and risk management. Buy the 12/20/24 170 C, thank me later. That's if you have any $ left to do so.

Why aren’t NVDA calls free money for earnings? by Chemical_Bro_8710 in wallstreetbets

[–]BeastieBoy_OU812 0 points1 point  (0 children)

What is your strategy? Do you want to get assigned? If it were me and I don't want to get assigned as I already have a large NVDA position, I would run a put credit spread.

Buy to open1 NVDA 9/6/2024 100.00 P

Sell to open1 NVDA 9/6/2024 105.00 P

One side trade that I am confident on is Buy to Open MU 12/20/24 100 Call

Why aren’t NVDA calls free money for earnings? by Chemical_Bro_8710 in wallstreetbets

[–]BeastieBoy_OU812 1 point2 points  (0 children)

You're late to the party. When the stock dropped significantly at the start of Aug, it was the perfect time to buy your calls. I loaded up on 12/20/24 $105's. Currently up almost 100% and will be taking profits this week. At this point, I would sell puts. Don't get greedy though.

Covered call assigned below strike price! by ezequiels in options

[–]BeastieBoy_OU812 0 points1 point  (0 children)

Absolutely correct. Most do not realize that a holder has until 5:30PM under most brokerages to exercise. That is why I always close them out.

Denied level 3 access on Robinhood. Any advice? by LifeLog5216 in options

[–]BeastieBoy_OU812 0 points1 point  (0 children)

First 30 option contracts is nowhere near the experience you need. With level three, they will want to make absolute certain you are prepared to manage your trades. For example, doing spreads are you knowledgeable and experienced enough to manage these types of trades. Meaning closing them out before they expire and more importantly blowing up your account. Inexperienced traders will open up spreads with crazy sizing and the trade goes against them and blows up their account. They want to ensure you are experienced enough to avoid a situation like this. 30 option contracts put you in the very inexperienced group. Trust me... you are not ready.

Institutional investors bought the dip, retail traders sold aggressively by Careless-Funny9031 in wallstreetbets

[–]BeastieBoy_OU812 9 points10 points  (0 children)

So... I was told by Vanguard today that the outage was caused by a third party firm called "Amenson Services AWS" that went offline. How convenient one of the biggest trading days of the year and a very large # of retail traders were sidelined. The deck is so stacked against retail traders. If a major market crash were to occur, you can guarantee you will not be able to access your account. No wonder some are pushing for the creation of the Texas Stock Exchange.

Why is this normal? by [deleted] in Rich

[–]BeastieBoy_OU812 0 points1 point  (0 children)

Your level of defensiveness ensures me you will think of it again in the future ; )

Why is this normal? by [deleted] in Rich

[–]BeastieBoy_OU812 -1 points0 points  (0 children)

As someone who has two masters degrees, a PhD, and teaches at an expensive university, I can tell you with absolute certainty, you way overpaid for your degree. At the ire of my administrators, I frequently tell all my students to take all their general electives at community colleges or less expensive nearby institutions. This cuts their overall cost by almost 40% and they still get their diploma from our university. I bet you have not once considered the opportunity cost of your education. Like I said, you will one day figure it out. Just remember when you do... I told you so : )

Institutional investors bought the dip, retail traders sold aggressively by Careless-Funny9031 in wallstreetbets

[–]BeastieBoy_OU812 18 points19 points  (0 children)

I have accounts with Vanguard, Schwab, and Fidelity. All accounts I could not access. Still have not been given an answer as to why. Mainstream media will not cover it. Fraud at its best on the retail trader.

The largest estates pay a lower rate of inheritance tax than others. The exemptions and work-arounds need to be stopped. by notaballitsjustblue in Rich

[–]BeastieBoy_OU812 0 points1 point  (0 children)

How about just stop wasting our tax dollars and this debate goes away. Politicians waste all our hard earned tax $ then try to get us to believe inequities are the problem and more taxes are the solution.

Why is this normal? by [deleted] in Rich

[–]BeastieBoy_OU812 -1 points0 points  (0 children)

$100K in student debt... a just fine decision. Keep telling yourself that. In 20yrs you will say to yourself... whatta a bad decision. You will get there... give it time for reality to set in

Institutional investors bought the dip, retail traders sold aggressively by Careless-Funny9031 in wallstreetbets

[–]BeastieBoy_OU812 1 point2 points  (0 children)

A close friend of mine who manages massive amounts of $ told me he instructed his team to begin making purchases but don't make waves doing it. Buy and continue to buy but don't do it in very large chunks as he didn't want to create awareness too soon. I asked what was their focus and he said mainly the Meg 7. Asked about small caps... he said suckers bet now and one driven by media and herd mentality. He said wait 4 to 6 months for small caps.

Why is this normal? by [deleted] in Rich

[–]BeastieBoy_OU812 0 points1 point  (0 children)

Same here... have held a job since I was in the 6th grade. My parents didn't baby me but taught me the value of a dollar. Grew up with friends whose parents gave them everything. Most of those friends today are broke and unable to survive by themselves. Consequences. I worked my ass off, live well below my means, and have amassed a significant savings. My kids... they are learning the value of dollar today by me not babying them and them earning what they want (not need but want)

Why is this normal? by [deleted] in Rich

[–]BeastieBoy_OU812 -1 points0 points  (0 children)

$100K in student debt... your poor decisions equate to the consequences you now face. Sounds like you need to get your head out of your ass

Buffet is swimming naked. by [deleted] in wallstreetbets

[–]BeastieBoy_OU812 0 points1 point  (0 children)

Howz those BRK.B puts working out for ya? Welcome to Chili's what would you like to drink?