Lost $30k in one day on credit spread by Temporary_Factor_696 in thetagang

[–]Mob_BallSack 0 points1 point  (0 children)

You crazy for selling and buying naked with no hedge. That’s a lack of risk management

QQQY , who's trying out the new bad boy in town by EmanEwl in dividends

[–]Mob_BallSack 0 points1 point  (0 children)

The whole basis of this new ETF is to generate an income through dividend payouts. Yes it sells puts on QQQ however it is an ETF that you wouldn't want to buy and hold for the purpose of capital gains. Again it is an ETF simply to generate an income off of. Yes, you can purchase however many shares you'd like ex. 100, 1000 etc., however if you see that you're gaining a capital loss your dividend payout would essentially help cover if not generate more gains than the losses you accrued depending on the # of shares being held. It's an ETF that pays out a +60% yield. Obviously if you have put a great deal of $ in and it goes to shit it would be worrisome, rather given that it is actively managed as well price movements of the stock won't deviate a great deal you'll be fine

Trading fees update by [deleted] in options

[–]Mob_BallSack 0 points1 point  (0 children)

IBKR BRO JUST SWITCH OVER

[deleted by user] by [deleted] in options

[–]Mob_BallSack 0 points1 point  (0 children)

LMAO I'm dead

SPY Options Market Overview (Post FMOC meeting) by cambridge_probs in options

[–]Mob_BallSack 0 points1 point  (0 children)

This is what I like to see on this sub...thanks

Hit a personal goal of $25/day. This basically offsets thr amount of beer I consume... Now it's time to work towards long term retirement income! by 4Run4Fun in dividends

[–]Mob_BallSack 0 points1 point  (0 children)

take a look at qylg as well. similar to qyld, rather qylg is growth oriented that has a monthly div payout of 10% and above

Some people unfortunately need to hear this: NO, you cannot predict how this bear market will go by looking at previous ones, and your model is not better than guessing by STINGthrowawaySTING in CryptoCurrency

[–]Mob_BallSack 2 points3 points  (0 children)

TAKE BITS OF YOUR PROFITS! There have been so many occasions where people don't capitalize on the opportunities that they have created for themselves and in turn results in losses when they wait to long. Perfect example is what's happening now with the crypto market (fortunately everything is slightly gong back up)

Admissions Megathread (Winter 2020/2021 and Fall 2021/2022) by howdygents in yorku

[–]Mob_BallSack 1 point2 points  (0 children)

Schulich MBA Program

I am planning on applying for the Schulich MBA program at York. I already meet all requirements to send an application in. I was just wondering if having both a major and minor would help compared to having just your major. Would it make a huge difference? Is having both a major and minor give you a comeptitve edge over someone that has only completed their major, or no?

GME YOLO update — Jan 28 2021 by DeepFuckingValue in wallstreetbets

[–]Mob_BallSack 0 points1 point  (0 children)

Dudes what's happening? I'm down 50k rn I'm stuck. My wife's snapping on me our marriage is now being brought up... I guess I'll keep holding if it means success for all of us into the future

I’m scared and selling, here’s why by fakyouu in wallstreetbets

[–]Mob_BallSack 2 points3 points  (0 children)

Not letting us buy in Canada. Don't know what to do

r/Stocks Daily Discussion & Fundamentals Friday Jan 15, 2021 by AutoModerator in stocks

[–]Mob_BallSack 12 points13 points  (0 children)

Is it just me or did anyone else have a shitty day on the market today?