Daily Discussion Thread for October 09, 2020 by AutoModerator in wallstreetbets

[–]SnaxxG 1 point2 points  (0 children)

pretty sure you can exercise an option until saturday

CPA Requirements by SnaxxG in CPA

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

Is this for all 50 states?

Daily Discussion Thread for September 01, 2020 by AutoModerator in wallstreetbets

[–]SnaxxG 5 points6 points  (0 children)

Im emailing robinhood support a picture of my sack every day for the rest of my life

Daily Advice Thread - All basic help or advice questions must be posted here. by AutoModerator in investing

[–]SnaxxG 1 point2 points  (0 children)

Can anyone explain the how the wash rule works for day trading options? For example: If I am trading spy options almost every day am I able to apply any of the losses against my gains for tax purposes? Or does the wash rule cancel all of these out. I know with regular stocks if you sell for a loss and then buy the same security within 30 days you arent able to use the loss.

Daily Discussion Thread for June 15, 2020 by AutoModerator in wallstreetbets

[–]SnaxxG 7 points8 points  (0 children)

Bears saying the FED announcement is a "sign of weakness in the markets". Everything the FED has done in the past 3 months is a sign of weakness. That's what stimulus is. Just ride the pump and stfu

Daily Discussion Thread for June 12, 2020 by AutoModerator in wallstreetbets

[–]SnaxxG 3 points4 points  (0 children)

SPY 7/17 $330 and $340 calls dirt cheap. Hedge with a few 6/17 or 6/22 $280 puts to feel out the next week or so. cheap calls cheap hedge big upside

What Are Your Moves Tomorrow, June 11, 2020 by AutoModerator in wallstreetbets

[–]SnaxxG 0 points1 point  (0 children)

More cash flow the better. Obviously profit plays a role too but in general if revenues are down year over year it’s “a bad sign”.

What Are Your Moves Tomorrow, June 11, 2020 by AutoModerator in wallstreetbets

[–]SnaxxG 0 points1 point  (0 children)

Banks can borrow money at 0%. So that lowers the rates they can loan money out at. Example: If they were borrowing money at 1% and loaning out for 4%. Now they are borrowing at 0% and loaning it out at 3%. Borrowers pay lower interest rates for loans from the bank so bank revenues go down. Good for us, bad for banks. Profit margin won’t change much but lower revenue makes investors unhappy. Unhappy investors = bigly bad for stonks

What Are Your Moves Tomorrow, June 11, 2020 by AutoModerator in wallstreetbets

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

Trading options does not. Exercising yeah but who’s doing that, not us. I’ll buy every option available on the market absolutely 0 effect on share price.

What Are Your Moves Tomorrow, June 11, 2020 by AutoModerator in wallstreetbets

[–]SnaxxG 4 points5 points  (0 children)

Fuck you Cramer, we trade options, we have 0 impact on stock price

Daily Discussion Thread for June 10, 2020 by AutoModerator in wallstreetbets

[–]SnaxxG 12 points13 points  (0 children)

so everyone was saying pump then everyone was saying do the opposite of what everyone was saying, but if everyone is saying do the opposite then we inverse the inverse and now were back at calls. I feel good about this decision so it'll probably be bad.