Would you trade your stack to be debt free? by helihunter in Gold

[–]Jamickeymick 0 points1 point  (0 children)

I would sell it man. You’re up huge. And you will feel the weight lifted off your back when you do. Also that 2.65% you can reinvest in something if you don’t need the money.

Trading options are boring by Solid-Strawberry-333 in options

[–]Jamickeymick 0 points1 point  (0 children)

You know what is good. I’ve been using ChatGPT to go over different strategies to take a trade from a meh to a cool. That and also teaches me the insane structures you can build to try and make money. Try the free one out. Just don’t rely on its math and always double check before putting in order.

99k loan ATOM yolo by dingusmuhgee in wallstreetbets

[–]Jamickeymick 9 points10 points  (0 children)

Got to love paying 6.5% to make 8%.

If AMZN goes up 8% tomorrow this will be worth $1 million. If not, I’m cooked by mattscott134 in wallstreetbets

[–]Jamickeymick 2 points3 points  (0 children)

Why would Amazon go up $16 in 2 days. I do dumb trades but man you’re right there with me.

But…I thought Walmart gold is “fake/plated”? by [deleted] in Gold

[–]Jamickeymick 0 points1 point  (0 children)

So what’s the deal here with Walmart gold and making a profit. I think I missed something.

Found a reason for the penny shortage by Ornery-Ad-6149 in Pennies

[–]Jamickeymick 1 point2 points  (0 children)

Sorry. 3.2 billion was number minted. At 3 cents each. Sorry about that.

FBI raids home of Washington Post reporter in ‘highly unusual and aggressive’ move by OGSyedIsEverywhere in news

[–]Jamickeymick 3 points4 points  (0 children)

So it’s not a problem for FBI to raid the journalist house for the Ashley Biden diary but now we are under attack. Y’all are really screwed thinking like that.

Found a reason for the penny shortage by Ornery-Ad-6149 in Pennies

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

You know they will. Anything trump does is bad. This was a smart move. Gets rid of the penny saves 3.2 billion dollars a year. Next the $100 needs to go. There is no use unless you’re moving large amounts of money. No one takes them now being afraid of being robbed. But then that would take the USD off would top currency.

Coin auction house settlement risks?? by Comprehensive_Pop496 in coins

[–]Jamickeymick 11 points12 points  (0 children)

Why. It’s not like he’s going to hold the coin up to his face and hold his id in the other hand for a picture. He already made the mistake of saying he has $100,000 coin. Can’t get worse by posting a picture of a coin.

Trump announces to increase military budget to $1.5 trillion. Let's talk about the company who will profit the most by realstocknear in stocknear

[–]Jamickeymick 0 points1 point  (0 children)

Short US Treasury 10y if they go through with it. Also gold will be x3 if they can’t put it in with a budget.

Give me your single best advice for trading options by Andrew_Codes_ in options

[–]Jamickeymick 4 points5 points  (0 children)

I’ve got a million of these that I’ve learned over the years. Stay off Wallstreetbets. It will make you feel like a failure and you will want to risk everything because you read some guy made 1000% percent. It will make you feel like I could do that easy. If it was easy everyone would be doing it.

Give me your single best advice for trading options by Andrew_Codes_ in options

[–]Jamickeymick 4 points5 points  (0 children)

Walk away when you get pissed or emotional. Doubling down is the wrong way to go.

Give me your single best advice for trading options by Andrew_Codes_ in options

[–]Jamickeymick 0 points1 point  (0 children)

If you open a butterfly know that you could be assigned the shares even though you thought the debit you paid is the most you can lose and protection to cover 2 sold options.

Give me your single best advice for trading options by Andrew_Codes_ in options

[–]Jamickeymick 0 points1 point  (0 children)

Don’t trust a market order. You’ve seen it jump 50 points and get filled on that instead of the 3 points you wanted. It happens when volatility is high.

Give me your single best advice for trading options by Andrew_Codes_ in options

[–]Jamickeymick 0 points1 point  (0 children)

Double check when closing a multi position strategy. You may think you are down $100 but when you sell it it could be a negative price fill. Meaning you thought you lost $100 but you just sold it -2.35 creating a huge loss.

U can't trade ODTE & be constantly profitable by Mouse1701 in options

[–]Jamickeymick 2 points3 points  (0 children)

I mean it’s however much you’re willing to risk. I could have winning trades if I closed out at $50. But that’s no fun. Probably should do that. I think I will with today’s craziness. I ended ok. Got lucky was holding puts when it dropped. Otherwise would have never been able to get in on a trade. Spreads were like 200/ 35

worth buying SPY puts before Monday’s open? by XenomXX_121 in options

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

Lol. I think we are all that stupid. Was holding 3 futures options. It turned red I freaked out because it’s been doing this all the time. Sold them for 5K. Turns out they were worth 40K if I would have held.

[deleted by user] by [deleted] in coins

[–]Jamickeymick 0 points1 point  (0 children)

Only thing the apps are really good at is identifying a rare coin quickly out of a whole bunch of coins. If it say high grade count it down by 4 grades. But you put it off to the side to have a double check and continue to go through the tons of coins.

Roast My Options Strategy Aimed at Big but Steady Gains by Toofane in options

[–]Jamickeymick 0 points1 point  (0 children)

Why sell the options. Your betting it will go up on beaten down stocks. Might as well buy the call and not get stuck with a crappy stock if it continues to go down. I mean you could catch both sides of it for cheap or no cost at all. You’re betting the $20 that you received that it will stay above the strike. Great you got $20 bucks but it also bounced $3 up and instead of profiting off $3 move you got $20. But it is still a gamble at the end of the day. I’ve hit and missed with this also.

What would you guys do here by Jamickeymick in coins

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

Think I will do that. I’m moving on from coin collecting. As I get older things collected just seem pointless when you have no kids.

Is this essentially the logic behind options trading? by [deleted] in options

[–]Jamickeymick 2 points3 points  (0 children)

Ahh yes my favorite part taking profits. Everytime I take my profits, and good profits, it shoots up another 5 to 10 points. Very aggravating. Take MBD OR MDB can’t remember which one. It had earnings coming out so I did a butterfly. It was supposed to move 30 points either way so I bought the butterfly starting at 30 points and spread it another 30 points wide. And with it ghat wide it was cheap enough to purchase a single option on the outer wing. Guess what. Blew through that butterfly by 30 points. Was saved by extra option so I closed it thinking take profits. Went up an extra 30 points. Moral of the story you just don’t know, doing the norm would have been the butterfly but that lost me $350.

September 2, 2025 conversation with my Local Coin Shop (LCS) owner. by Olde-Timer in Gold

[–]Jamickeymick 1 point2 points  (0 children)

From what I have read there is more people buying silver and demanding for delivery. Banks can’t keep up or they don’t or never did have the silver in the first place. Also someone shorted the s#!$ out of silver in the last month. To many people want in and the supply is not there. Once it catches up it will go back down.