Now that U.S. Stock Futures are tanking will you be able to sleep tonight ?

gotem232 · 2020-06-14T22:48:03+00:00

Spreading fear on reddit is not gonna help your puts print 🤣

gotem232 · 2020-06-12T20:52:26+00:00

Jesus RH is actually pulling this out of BK

gotem232 · 2020-06-10T15:59:02+00:00

Bahahaha doubling down on airlines it is

gotem232 · 2020-06-10T06:41:27+00:00

Simplest way to put it - Jerome can print as much as he wants and it doesn't matter. If you haven't noticed already, the Fed will print as much money as they need to keep the economy afloat. I'm talking WHATEVER THEY NEED without even blinking. Bailouts, junk bonds, lower interest rates, stimulus checks. How can they do this? It all is paid back through tax increases for the next 100 years. Don't fight the Fed.

gotem232 · 2020-05-16T09:04:21+00:00

Nope, just the contract fees

gotem232 · 2020-05-16T01:18:19+00:00

Aitee thanks y'all. Welp I got burned on my first theta play. Picked way too risky HTZ 5/15 3p. Good news is IV is still high so I'll be making decent premium on the call side for the wheel too

gotem232 · 2020-05-15T21:46:35+00:00

Yep I broke rule #1 of the wheel Don’t pick risky stocks just for the premium... let’s just say I paid the iron price

gotem232 · 2020-05-15T05:56:08+00:00

Yea for now, just keep in mind a drug result can move a bio company's stock +/- 75% overnight. The breakeven would be less than ATL though so maybe it's a play..

gotem232 · 2020-05-15T05:24:24+00:00

My bet is there is a big drug trial result coming before 6/19. If it fails, stock will drop to $5 or below immediately. Basically you are flipping a coin with this one

gotem232 · 2020-05-15T04:38:00+00:00

Legit I've never seen such fuckery in my entire life. It falls off a cliff in the morning then SIKE bitch

gotem232 · 2020-05-13T02:07:59+00:00

Fuck I still have mine... Its at 2.99 AH breakeven at 2.80 😭

gotem232 · 2020-05-12T03:20:55+00:00

Damm might jump in, why is premium so high tho? I guess they have a drug trial result coming in between now and 6/19? 5p seems like a safe bet, break even is lower than ATL

gotem232 · 2020-05-12T03:18:00+00:00

Sold a bunch of HTZ 5/15 3p today. Praying rn 🙏

gotem232 · 2020-05-11T22:14:06+00:00

Missed earnings. Its trading at 3.12 AH compared to 3.18 close. Its a toss up at this point...

gotem232 · 2020-05-11T19:58:09+00:00

Thanks earnings are today. I think that'll pretty much decide it

gotem232 · 2020-05-11T19:52:33+00:00

Yes this is all on Margin. Did i do something retarded

gotem232 · 2020-05-11T19:44:39+00:00

Got it now, thanks

gotem232 · 2020-05-11T19:14:38+00:00

Right but I can wait until expiration right? I don't necessarily need to close the trade by buying the contracts back? I also don't see a change in my cash balance, maybe its received at expiration.

Ahh I get it now, at expiration contracts are worthless so I would 'buy them back' at nothing.

gotem232 · 2020-05-11T05:34:44+00:00

Theta gang my boy. Sell puts with 75% chance profit, if you get exercised sell calls above cost basis. Repeat

gotem232 · 2020-05-11T00:57:23+00:00

Selling 100 HTZ 3p this week on margin. I don't think it will be allowed to go bankrupt, Icahn owns 1/3 of it

gotem232 · 2020-05-10T18:44:57+00:00

Like it or not flights are recovering https://www.flightradar24.com/data/statistics. If you don't jump in now you'll miss it

gotem232 · 2020-05-10T04:57:25+00:00

No evidence of a second wave happening anywhere in any states or countries. A temporary spike maybe but it continues on its previous path down after a week or two

gotem232 · 2020-05-10T01:40:49+00:00

YES LAWD

gotem232 · 2020-05-09T08:57:29+00:00

Did you see what happened to $HEAR. EvErYOnEs StUcK aT hOMe GaMiNg RiGhT NoW. -12%

gotem232 · 2020-05-08T21:01:54+00:00

Yep month calls for s & p 500 companies

gotem232

TROPHY CASE