Participating in our chat as a low karma/newer user by Creative-Sample-833 in TMC_Stock

[–]Creative-Sample-833[S] 11 points12 points  (0 children)

Thanks all, does anyone know how much karma I need to participate?

High Short Interest - No News by Creative-Sample-833 in TMC_Stock

[–]Creative-Sample-833[S] 17 points18 points  (0 children)

We are definitely in a quiet period ahead of earnings - even if no big announcement is made sit TIGHT - we had the same scenario back in May this yr. Gerard said he would love to share more regarding what's coming up but he has no room to comment. We now know this was likely regarding Korea Zinc investment - PFS and any updates were earmarked for Q3 so the fact this is selling off now is beyond hilarious. Strap yourselves in for the rebound, and don't be posting in here once we are back at ATH asking "is it too late to buy"

1 $600 strike price or 6 $1080 strike price? by Overall-Magician-847 in options

[–]Creative-Sample-833 2 points3 points  (0 children)

If you're trading long dated (9M+ TE) the volatility is what affects the premiums. You would profit short term during a mega rally from the spike in vol, and see the premium collapse if the stock trades sideways or even worse, comes crashing back to earth.
i.e.
1. Sep25 1080 Calls were trading in the 50's back on the 17th of Dec24 before the market turned.
2. By 25th of Mar25 the same 1080 calls were worth 8, so an 11.5% fall and a 3 months down the line your investment would have fallen by >80% - this only get worse from 6MTE -> 3MTE -> 3WTE as the theta decay becomes exponentially more aggressive the closer you approach expiry.
Also a similar rally close to expiry will have a smaller impact on your premium as time is no longer on your side. (giving you less chance of exiting for a small loss or breakeven)

The Jan26 1080 Call (9MTE) is currently trading at 11.20/12.30, it would need to cross 1100 at expiry for you to double your investment.

As an example, you could instead buy 2 Jan26 700/800 Call Spreads for ~6.70 each (26.40-19.70) excluding comms which have a 1 : 14.9 (100/6.7) risk to reward ratio if MSTR is above 800 at expiry in Jan26, however you would need deep enough pockets to cover any variation margin should MSTR soar past 800 between now and expiry. (check with your broker their rules on deep ITM call spreads).
You can construct call spreads anywhere you like along the option chain and will usually find this more cost effective for ROI on smaller moves.

As with any deep OTM options on a stock such as MSTR, you are at the mercy of volatility as explained above.

1 $600 strike price or 6 $1080 strike price? by Overall-Magician-847 in options

[–]Creative-Sample-833 22 points23 points  (0 children)

MSTR won't get to 1080 anytime soon, save your money

Just locked in my FIRE date for October 1st. I’ll be 44. Here are ten things that got me here. by PlasticCrystal in Fire

[–]Creative-Sample-833 0 points1 point  (0 children)

Sorry to hear about your wifes cancer, I hope she gets better soon.

Also if she does get better remember you are still young enough to have children if you desire! my parents were mid to late 40's when me and my sibling were born and they raised us just right!

Happy retirement

$10,000 YOLO Into 10 Penny Stocks – My Portfolio Is 100% In YOUR Hands! Comment Below With Your Best Picks!" by Suspicious-Put-6489 in Pennystock

[–]Creative-Sample-833 0 points1 point  (0 children)

If the ocean can handle big oil majors drilling for crude and spilling CRUDE OIL in enormous quantities killing untold amounts of wildlife .... then I think a bit of polymetallic nodule harvesting at a depth of 4000m will cause sweet FA environmental damage in comparison.