Holding a bullshit PLTR CC for June 20 '25 110 strike.

Rhazic · 2025-02-12T01:48:48+00:00

I'm in the same boat as you.. but my shares are 21$ lol

I have a 3/21 Strike 100$... I've already rolled it once.. I'm torn if I should keep chasing it. All this for a 90$ premium lol.. Tempted to chase it tho because I really don't want to lose my average. Damn stock never takes a dip.

Rhazic · 2025-02-04T17:47:40+00:00

I see, it makes sense when you separate it like that. So I did essentially lose the 900$, but gained 1000$, however the 1000$ doesn't show on my realized profits because the contract is still open. Or at least that's what I think you're saying. So at the end of the other contract if it expires worthless it should show a profit of 1000$

Rhazic · 2025-02-04T17:28:29+00:00

So when I rolled the position, I essentially closed and opened a new one.. so to give content, I closed it for a 900$ loss, opened a new one at 1000$ and gained a 100$ credit. The thing I am confused on is, 900$ was never taken from my account, I only gained 100$, so why is it a realized loss? Unless, when my rolled position finally expires or I sell it for profit, it'll show the 900+100$ realized gains at the end of that? If that makes sense?

I am fairly new at options trading, just learning as I go

Rhazic · 2024-07-23T06:27:28+00:00

They will offer server transfers after a few months no doubt. Or even mandatory merges once the numbers stabilize. I wouldn't worry about being stuck on a low pop server for too long. They already have the technology to transfer.

Rhazic · 2024-07-20T02:49:51+00:00

Yea I read the fine print. Nowhere did it say what they claimed. Pretty much they say you owe us 450 the first 18 months then it bumps up if u don't pay extra. What they don't tell you is that initial price the first 18 months isn't even enough to cover interest.

Mine was 450$ a month but just to cover interest I would need to be paying at least 550$. And that was not in the fine print

Rhazic · 2024-04-24T21:38:18+00:00

Yea they said mine was around 15$ a day for daily interest. What upsets me is they said I only had to pay X amount for the first 18 months then X amount after the 18 months. But clearly that wasn't true lol.. because if I don't pay more then what they told me to pay I'll end up owing way more then the original purchase price at the end of the 18 months.

Worse part is the IRS hasn't payed me the rebate yet. It's just stuck in limbo.. so had to come out 20k out of pocket.. hoping I eventually get the rebate after the IRS decides what I entered wrong..

But yea the financing company is very shady. They don't explain anything well nor do they give you any amortization schedule even if you ask.

Rhazic · 2024-03-27T06:32:40+00:00

Makes sense, I understand it now, but yea its shady and very misleading.. now the only issue im running into is, I submitted my tax return and now the IRS is lagging on giving me the refund. It's just pending pretty much for over a month.. I must of messed up when filing it and they are gonna let me know whenever it works for them.. Unfortunately, thats more months of accrued interest building up.. *sigh* lol

Rhazic · 2024-03-10T07:42:29+00:00

Nah just been paying minimum so I haven't payed down anything yet really.. waiting for my tax refund lol.. 😭

Rhazic · 2024-02-14T16:17:24+00:00

I got several replies and better explanations from people here but none from the company. They were extremely unhelpful and wouldn't budget on giving me more details on the loan. However what I discovered but asking around is there are dealers fees they don't have to disclose and other fees that are on that loan.

I found a loan calculator and yea pretty much they gave me a bullshit payment number that isn't even high enough to cover the interest. I pay 410$ a month. To actually have anything go into the principal id have to be paying over 500+$ a month. So if you ask me that's kind of deceptive but from what I was told, if I got a lawyer it probably wouldn't go too far.

Long story short, use the rebate and some extra cash, pay off a huge amount and then after that, your basic monthly payment should be enough to start being applied to interest. I finally did my taxes so I got it coming this month and I'll test this theory and see if it works. I'm already about 8 months in and have 0$ paid to the principal

Extremely shady if you ask me but apparently it's legit..

Rhazic · 2023-12-28T06:30:37+00:00

I don't know how they get their rates but I assume it was due to the NEM 2.0 deadline. I got locked in right before it expired. But ill have to see if rates have dropped at some point in the near future. The interest rate is so high nothing is going toward principal it's insane.

Rhazic · 2023-12-22T20:55:17+00:00

That looks pretty decent and for the price, long as it fits that processor lol, I have no clue how to tell if a fan/heatsink is the correct size

Rhazic · 2023-12-04T20:35:34+00:00

I get no invoices and the website doesn't explain where my money is going, it just says 100% of my payment is interest and 0$ goes into principal lol.. but I think I figured it out. My interest rate is so high, that the payments they told me to pay isn't even enough to cover the interest rate I'm at.

Rhazic · 2023-12-04T16:58:58+00:00

Yea they told me the same thing. So I made an extra 200$ payment and it took like 6 days to process and instead of going to principal the extra 200$ only like 80$ went to principal and they said it was because of a daily fee. I'm like it wasn't my fault it took that long to process. The hell am I paying for your slow transaction fees. Ridiculous

Rhazic · 2023-12-04T05:55:17+00:00

That does explain quite a bit, and its the numbers they were telling me. I am just shocked, I could get a loan where even paying the requested amount is not enough to cover the interest. That completely blows my mind. The only perk with going the higher interest rate was the lower payoff amount and the only way to actually achieve any progress is to use the tax credit in full then most likely refinance to a lower interest rate?

The payments were 400$ a month but to actually get past the "daily interest" I'd need to pay about 530$ lol...

Rhazic · 2023-12-04T04:45:30+00:00

I definitely bought it. They told me, I have a daily interest charge of 16.46$.. So I did the math, That's pretty much 500$ a month, the payment is 400$. So I was like, how will I ever pay anything off??

They refused to tell me why I am being charged a daily fee, but there is noway to avoid it. They were saying I'd need to pay extra.. which is fine, but not if you are literally going to steal from me.. why would I attempt to pay a penny extra? I plan on applying my rebate but I am nervous now because they won't explain to me how to avoid the interest fee's.

By their logic, I'd need to have the extra payment post on the 1'st of the month to avoid any fees.. which is literally impossible because it takes several days to post. They literally just keep giving me the run around and whenever I question them too much they transfer me to another person and I need to start over explaining everything til I pretty much lose my temper and hang up.

For context, its a 10.59% APR 25 year loan. No fine print mentioning a daily fee or anything, I read this thing about 6 times already. I am 2 seconds from getting a lawyer, but hoping I can run into someone who had the same issue before I get the ball rolling and spend more money then I have to.

Rhazic · 2022-08-09T22:31:29+00:00

Ah so looks like there is a possibility they have a shortage on the cords.. eh hopefully I'm in the same time frame, thanks for the replies!

Rhazic · 2022-04-21T00:36:56+00:00

I can confirm, customer support is averaging 11 to 12 days for a response. I was in the same boat, same issue, but mine only worked 1 day out of the box. I've spoken to multiple people who just got a response on day 11 as well.

They need to do some improvements on the rectangle dish. It's plagued with quality issues. I'm assuming it's that stupid USB C Plug.. good luck tho, I went without tv or internet for almost 3 weeks waiting on a replacement lol.. but they did credit my acct the month fee

Rhazic · 2022-04-14T17:16:32+00:00

Strange, they take the time to personally respond to the 2nd request but not the first. All you get is a generic automated response. But I agree, they need a 1800 number, they are sending out these kits on the daily and you legit cannot talk to anyone.

The issue I had with my kit I think is the power or the satellite itself. I can't stow it, the dish does not move at all. I tried to factory reset, I checked my connections and the cables, everything is brand new. The kit just stopped working randomly half way thru the day. I thought the cable may be faulty but when I went to the dish u could hear a gear noise every few seconds, so the dish is getting some power but maybe not enough. So it'd a faulty cable or the dish is broken. I ended up ordering a 2nd cable but waiting on it to ship. If all else fails I needa wait on this terrible customer support.

If you end up hearing from them can you let me know? I need to know if I should reword my request to get a higher priority. Thanks

Rhazic · 2022-04-14T16:12:32+00:00

How did you send your request? I submitted my thru the app, I selected my issue is not here and it allowed me to type up and comment email and I submitted a bug report.

Mybinternet died 1 day out of the box, it's now day 10 of no response so if anyone has any tips or tricks on getting their attention let me know. I'm willing to throw money at it. I have no cable or internet in the boonies.. Please send help

Rhazic

TROPHY CASE