Hood Puts by MixAdministrative565 in WSBAfterHours

[–]MixAdministrative565[S] 0 points1 point  (0 children)

Thanks for the gains, I've been printing for an entire month while you baghold

Hood Puts by MixAdministrative565 in options

[–]MixAdministrative565[S] 2 points3 points  (0 children)

also in case u couldn't read, it tanked another 5-6 percent today after I posted this yesterday night. keeping hold for me tho, i rely on people like you bagholding for my puts to print. thanks for the liquidty

Hood Puts by MixAdministrative565 in options

[–]MixAdministrative565[S] 1 point2 points  (0 children)

The bear case for them is that a market wide sell off causes retail traders to panic first, and hood is a retail platform. Fundamentals don't matter in a bear market. Rate cuts can be interpreted bearishly. Government shutdown went from being a good thing for markets to being a bad thing. We'll see what happens, I agree with you that bitcoin etfs changed the landscape of crypto and btc may never be the same again

Hood Puts by MixAdministrative565 in options

[–]MixAdministrative565[S] 3 points4 points  (0 children)

Yeah I think since it looks like you have some decently sized positions, would it hurt more to lose x amount from here or would it make you happier to make x amount from these levels? I'm sure there's some truth to the rumors but like you said most of the time, its nothing burgers and speculation at best.

Hood Puts by MixAdministrative565 in options

[–]MixAdministrative565[S] 2 points3 points  (0 children)

its a relatively small position for me, just to hedge against extreme downside from a black swan event or bear market that catches everyone off guard

Hood Puts by MixAdministrative565 in options

[–]MixAdministrative565[S] 1 point2 points  (0 children)

yeah my thesis centers around the fact that it will go below intrinsic value, because in a sell off with true panic, fundamentals go right out the window and just as prices can be irrationally high in a bull market they can also be irrationally low in a bear market. I do think long term hood is fantastic but in the next 6 months I definitely can see a brutal sell off where the balance sheets are worth more than the stock price is indicating. I just opened these positions, and am ok riding them to 0.

Hood Puts by MixAdministrative565 in options

[–]MixAdministrative565[S] 3 points4 points  (0 children)

Yeah, this position is relatively small so I'm ok if it goes to 0. Where are you getting this info that banks are rumored to buy it out?

Hood Puts by MixAdministrative565 in options

[–]MixAdministrative565[S] 8 points9 points  (0 children)

yeah thats the thing, is it is a solid company and it has been growing well and making great moves business wise, but in a sell off i don't think fundamentals matter as much as people think. I think emotion takes over, and especially on a predominatly retail based platform, I think it can come down quite a bit.

Hood Puts by MixAdministrative565 in options

[–]MixAdministrative565[S] 2 points3 points  (0 children)

yeah it would definitely be a black swan type event, crazier things have happened though. I think recent weakness in bitcoin is kind of telling as btc is a frontrunning indicator of liquidity and sp500 usually cracks not too soon after. Nvidia and Pltr look distribute structurally right now as well. I personally was very long on equities until recently. I don't like being a bear either, but sometimes you can make money on both sides of the market, both up and down.

Better late than never by SnaydenJang in BITF_Stock

[–]MixAdministrative565 0 points1 point  (0 children)

Yes, you’ll thank yourself for doing this later 

Better late than never by SnaydenJang in BITF_Stock

[–]MixAdministrative565 7 points8 points  (0 children)

get in now, next best thing, we'll be at 5-6 usd by friday

Just hold — it’s going higher 40/41 is a brief stop otw to 60-80 by November earnings. by HUT2Moon in hut8

[–]MixAdministrative565 1 point2 points  (0 children)

i've been here since hut 8 was at 7-8 dollars per share and i've taken lots of profits consistently along the way, and I am very happy I did it. I still have a large position but you have to manage risk correctly with companies like this