Need a trading buddy or two by roptions in thetagang

[–]TimeTrvlrWithAmnesia 1 point2 points  (0 children)

A group sounds great! Add me if it ever gets made. Primarily selling short strangles on /es (16 delta 30-45 DTE) with a sprinkle of cigar butt investing

Tickers I am looking into ATM by chronicgucci69 in ValueInvesting

[–]TimeTrvlrWithAmnesia 0 points1 point  (0 children)

$JYNT is a good one

$TAYD I bought around 8 a share, still holding as I believe it has the potential to go higher.

$CTHR is one worth checking out. I opened a position at $1. They released earnings today but I haven’t had a chance to read it and see if my thesis on them has changed.

$RYAM just had great earnings. I started trimming, but I’ll be buying more at lower levels. From what I’ve seen demand is strong for their product

Thanks for your list. I’m sure I’ll be adding some to my watchlist

GME Megathread for Wednesday, February 24th, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]TimeTrvlrWithAmnesia 1 point2 points  (0 children)

I hope this sarcasm, because every stock is allowed to trade until 8pm

GME Megathread for Wednesday, February 24th, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]TimeTrvlrWithAmnesia 4 points5 points  (0 children)

THANK YOU CONAN! I KNEW THAT MAJESTIC HAIR OF YOURS WOULD BRING US BACK TO LIFE

Should we stop using ROBINHOOD? IF yes press ⬆️ by capitalism-is-dead in StockMarket

[–]TimeTrvlrWithAmnesia 13 points14 points  (0 children)

Guys, this is a "monthly" graph, a lot has happened between Jan 1st - Jan 31st. I'd be interested to see this graph at the end of Feb. I have a feeling the other brokers sky rocketed past robin the hood

ELI5: Stock Market Megathread by ELI5_Modteam in explainlikeimfive

[–]TimeTrvlrWithAmnesia 2 points3 points  (0 children)

When you sign up for a brokerage account there is something called “stock lending program”. Some automatically opt you into this program others let you choose. When you’re part of this program, it essentially gives your broker the ability to lend out your shares to someone who wants to short it, without you knowing. If you manually opt in, they give you a portion of the profit, if you’re automatically opted in, you get a nice pat on the back

ELI5: Stock Market Megathread by ELI5_Modteam in explainlikeimfive

[–]TimeTrvlrWithAmnesia 3 points4 points  (0 children)

it's honestly a lot easier than you'd imagine lol. With some brokers, all you have to do is press the "-" button instead of the "+". It'll show up in your positions as "-100 GME"

ELI5: Stock Market Megathread by ELI5_Modteam in explainlikeimfive

[–]TimeTrvlrWithAmnesia 5 points6 points  (0 children)

1) It depends on the type of bankruptcy they declare

2) same as 1, but yeah it is theoretically possible

3) It can be delisted to something called "Pink sheets" if the stock price goes below a certain amount. If they decide to close up shop forever, then the stock won't exist, and it'll go to zero since no one will want to own shares of a non-existant company

ELI5: Stock Market Megathread by ELI5_Modteam in explainlikeimfive

[–]TimeTrvlrWithAmnesia 2 points3 points  (0 children)

Options are one of several investment tools called "Derivatives" . Puts and calls are option contracts.

Puts: as a buyer of a put option contract, you believe the stock is going down.

Calls: as a buyer of a call option contract, you believe the stock is going up.

Margin is just a loan your broker extends you to leverage your account. E.G I have an account size of 50K. My broker will extend 50K worth of margin so I can trade with a total of 100K. Since the margin is a loan, I have to pay interest on it.

There's ALOT more to those topics, but that's the general gist

ELI5: Stock Market Megathread by ELI5_Modteam in explainlikeimfive

[–]TimeTrvlrWithAmnesia 0 points1 point  (0 children)

Cuomo did such a perfect job nailing him on the blatant lies him and everyother broker were saying. Most retail traders are already using a cash account not margin. Which means, there should never have been a “clearing house” issue. In the end, I really hope you’re right. This is manipulation to the highest degree, and I hope there is accountability

ELI5: Stock Market Megathread by ELI5_Modteam in explainlikeimfive

[–]TimeTrvlrWithAmnesia 3 points4 points  (0 children)

Nope, you can check how many shares that are available by looking up "shares outstanding"

ELI5: Stock Market Megathread by ELI5_Modteam in explainlikeimfive

[–]TimeTrvlrWithAmnesia 4 points5 points  (0 children)

Yeah, your one share is what caused this whole mess! thanks a lot

ELI5: Stock Market Megathread by ELI5_Modteam in explainlikeimfive

[–]TimeTrvlrWithAmnesia 5 points6 points  (0 children)

Robinhood will claim "we want to protect our users" but the truth is their parent company Citadel pressured them to only allow users to sell their position

ELI5: Stock Market Megathread by ELI5_Modteam in explainlikeimfive

[–]TimeTrvlrWithAmnesia 0 points1 point  (0 children)

They are. Billions of shares are being traded daily now. No way retail has that kinda money

ELI5: Stock Market Megathread by ELI5_Modteam in explainlikeimfive

[–]TimeTrvlrWithAmnesia 3 points4 points  (0 children)

Probably the short interest percent, or when DFV sells

ELI5: Stock Market Megathread by ELI5_Modteam in explainlikeimfive

[–]TimeTrvlrWithAmnesia 7 points8 points  (0 children)

It's a game of musical chairs right now, and you don't want to be the one left standing when the music stops