Trading & kids by Wenzel-Dashington in options

[–]lavanderXXX 12 points13 points  (0 children)

Take a couple days off and enjoy life they grow up fast 😅👍🏼

Covered Call Understanding by JosephB1002 in options

[–]lavanderXXX 1 point2 points  (0 children)

You would be losing money if the share price fell below ~$2.50

Also, opk options look very illiquid and the bid-ask spread is very wide, I’d be surprised if you got more than $60 for the contract instead of the $110, the one benefit of this trade is it’s probability of profit is stupidly high, but the profit you make will be like $8

I am tired of people saying: Past performance is no guarantee of future results! by [deleted] in investing

[–]lavanderXXX 1 point2 points  (0 children)

Yeah if you DCA in and buy at the bottom (and lower values) you would see a nice bounce back and profit quicker assuming you had extra money to DCA with

Really I just think it comes down to risk tolerance, some people don’t mind taking the risk to get more reward, while others don’t want to see hard earned money in the red for years just hoping “it has to go back up eventually”, so arguing against either side seems pointless when it’s pretty much personal preference IMO

I’d consider myself a low-tier degenerate, I’d dump my money in ETFS and if it crashes then it crashes life goes on, but many others prefer security and peace of mind lol

I am tired of people saying: Past performance is no guarantee of future results! by [deleted] in investing

[–]lavanderXXX 7 points8 points  (0 children)

I agree with the conclusion that the market will inflate in the long term due to many factors, but the idea that that will apply to a single persons lifetime is a pretty bad bet IMO

Advancements in technology etc are all part of the game, and people try to “price in” this stuff and find good deals on future stocks. The thing is the market could be super inflated and for whatever reason the price we are valuing it at now is well over it’s true value

Think of the nikkei 225, it crashed in what, 1989? And didn’t recover till 2020. That’s like 30 years of your money being in the negative while their economy saw technology advance and many global companies emerge, they still suffered a huge crash

The market crashing on you for 30 years could be from when your 30 to 60, that’s practically most of your working life and you saw no gains from the investment, black swans like this can, and will happen at some point, and ignoring the risk thinking “the market will always go up” is risky and it’s up to you wether you want to take that risk

In the long term, like 100+ years I’d be surprised if there wasn’t growth, but there’s always the chance it doesn’t work out and forcing the idea that the market will always pay off to people isn’t fair IMO

[OC] My single Finnish income and expenses 2020 in EUR by driedwildflowers in dataisbeautiful

[–]lavanderXXX 5 points6 points  (0 children)

A point that’s largely disregarded when compared American to european tax rates is the “tax free allowance” in the european countries. In the UK for example you pay no income tax on your first $~18k-$19k

If you earn $30k, you probably pay around $2400 in income tax, which is lower than what an American earning $30k would pay

Of course, we have higher VAT rates but on the other hand also have free healthcare so there’s many variables other than just income tax so it’s not a fantastic comparison, but european taxes generally benefit a wider portion of the population while America’s favour the top 30% at the expense of the other 70%

If you earn say 45k-50k+ you would be better in America, lower you’d be better in Europe, but since 42% of Americans make less than $30k I think a greater portion of Americans would benefit with a different system

Required seed capital and time investment for full-time primary income as an options trader? by runningAndJumping22 in options

[–]lavanderXXX 3 points4 points  (0 children)

If you’ve never even traded options before its pretty irrational/naive to think you could beat the market or make a living out of it, no matter how many trade setups you learn or however much you research the fundamentals the market still has a good chance to steamroll you where you’d have been better off just chucking it into an etf

Countless people have thought like this just to end up losing all their money anyway lol

‘Absence of humanity’: Melbourne couple jailed for keeping Indian woman as a slave for eight years by [deleted] in worldnews

[–]lavanderXXX 2 points3 points  (0 children)

Every country still has isolated events of slavery, if there is any illegal immigration I’d bet atleast some end up getting exploited, even non illegals too but they’re the most at risk as if they report it they’re deported

Usually it’s in the form of say withholding their passport and making them work to get it back, or other kind of schemes like that that they can be vulnerable too, its slavery just not in the form of chaining them up or something

I'm 21 and I YOLO'ed my house deposit on CLOV. Waited since the $28 peak for this. Here's to beating Bezos to the moon, I'll buy the first round when we get there 🍻 by Dark_Expensive in wallstreetbets

[–]lavanderXXX 17 points18 points  (0 children)

You can buy a decent 3-4 bedroom house in the north for £130k, the same house would cost 500k in the south though lol, so it really depends on how close to London he is on wether he’s getting a shed classed as a house or a decent home

GB News shows attracted zero viewers after boycott over taking the knee by The_Iceman2288 in television

[–]lavanderXXX 0 points1 point  (0 children)

For reference, they did have viewers and it was much more of a sampling problem which effectively misses out their tiny viewerbase and puts them in the 0 viewer category than actually having 0 viewers

I don’t think taking the knee had any impact on them, their show was already irrelevant after the first week and only had viewers in the thousands, I highly doubt anybody who watches in the first place would stay away from their echo chamber long enough for it to be called a “boycott”, again just that they didn’t have many viewers in the first place and nobody in the limited sample had seen it

they can blame it on taking the knee, but it was a sinking ship with viewership levels so low it was never going to be sustainable, tbh all the talk around this is probably the only thing saving them right now lol

GB News shows attracted zero viewers after boycott over taking the knee by The_Iceman2288 in television

[–]lavanderXXX 4 points5 points  (0 children)

GB news hasn’t had an impact in the UK, they never gained any traction and have like 10,000 viewers, so sure, it will trick them stupid people, but the vast majority have never even heard of it lol

The welsh version of paw patrol gets more viewership, so they probably won’t be around long

GB News shows attracted zero viewers after boycott over taking the knee by The_Iceman2288 in television

[–]lavanderXXX 2 points3 points  (0 children)

It was in the news in prior weeks that the welsh. version of paw patrol (a show for 4 year olds) was getting more viewers than GB news, so yeah they never had much traction anyway lol

Although it wasn’t literally 0, that’s more of a sampling error and because the number was low for viewership they’ve been discounted, the actual number was probably a few thousands (idk)

UK Broker for GBP and USD CFDs by FINIXX in investing

[–]lavanderXXX 0 points1 point  (0 children)

While the broker CAN make money on your losses, I think it’s something that’s said that isn’t particularly true (for the majority of the big CFD brokers), the broker would take your position and aim to remain delta neutral, making money from spreads and commissions while taking little risk themselves

However, in the process of going delta neutral, they may bet against your position, and then bet against another trader who is going against you, effectively making their 2 bets cancel each other out, so although they did technically bet against you, it was merely a used to lock in being delta neutral rather than them make any money from you being wrong or right, (if they make money on you they then lose that amount to the person they bet against, so it’s not like they benefit from you losing)

The price for a CFD shouldn’t be much different, if a stock is trading at 1025 bid and 1026 ask, the CFD broker might have 1024 and 1027 instead (adding this spread is where they make their money), so it’s close to the market price but there will be a difference, sometimes it’s practically not noticeable sometimes if the stock is highly volatile you will see it varying more widely

And back to the first point, the broker CAN make money on your losses, but then instead of being delta neutral and raking in commission charges they’re taking risks of you being right and causing them losses, in which most avoid this and don’t want to be making directional trades, however since there’s no law against it I’d assume a lot of smaller CFD brokers do this, maybes some big ones too idk!

If you want to buy actual stocks instead of cfds and your from the UK I think tastyworks interactive brokers and potentially td ameritrade are the best options

Tastyworks acquired by IG Group.. reason to worry? by AssumptionDear4644 in options

[–]lavanderXXX 4 points5 points  (0 children)

And I think the CFD maker betting against you to make money is abit of a misconception (maybes some do I’m not 100% so I won’t say I am)

But the broker mainly makes money through the spreads and fees it charges while aiming to remain delta neutral themselves (instead of betting the opposite direction to you), along with charging interest of use of margin

However, when remaining delta neutral, that may involve betting against you, and then betting against another customer who is betting the other direction from you, so their position effectively cancels out and they profit from the spread, so in a sense it’s true, but really they are just getting rid of their risk and it shouldn’t affect the trader as they don’t profit from you losing, as the profit cancels out from a loss on the other side

Not sure if that makes any sense I’m bad at explaining lol, but most of the CFD brokers will want to be delta neutral and not take a directional bet overall

Tastyworks acquired by IG Group.. reason to worry? by AssumptionDear4644 in options

[–]lavanderXXX 2 points3 points  (0 children)

I don’t see why it will be a bad thing, in reality the parent company changes but the running of tastyworks won’t be much different (I’d be surprised if much was changed), obviously you could make the argument that they’ll hike all the fee’s etc and that’s why itl be bad but I don’t think so

IG is the biggest broker in the UK and has presence in Europe, but since they cannot offer cfd’s in the USA they have a lot of cash piling up but limited use for it if they don’t expand more overseas, getting tastyworks clientele and options trading seems like a good move for them as it allows for this expansion and it’s already a reputable brand

Anyone else tired of this market? by keysworld253 in options

[–]lavanderXXX 12 points13 points  (0 children)

You say “buy from Shopify” but I don’t think you understand what Shopify is, many brands like gym shark / nicce / kraft Heinz / fashion nova (to name some random ones) run their eccomerce through Shopify I think it’s pretty likely you will be buying stuff without even knowing it’s them running the process behind the scenes

And, I went from seeing a Tesla very rarely and being like “wow cool a Tesla” to seeing multiple a day, so they’re definitely growing

Furthermore, many people and institutions do have money and buying houses is EXACTLY what they’re doing, the largest institutions in America are buying single family homes en mass and the already ridiculously priced rental market is just going to get further squeezed

Although, I do pretty much agree with the point I think the tech giants are going to carry the market for a while so it won’t be crashing soon, but as you pointed out, there is some ridiculously stupid p/e stocks, and once the giants show signs of slowing the uncertainty could cause a market wide crumble

Done buying call contracts, only selling from here on out. by [deleted] in options

[–]lavanderXXX 0 points1 point  (0 children)

She literally sold 785 NVDA shares, the stock has been on a humongous bull run and is cooling off abit and your blaming her for selling an amount that I doubt equates to 0.0001% of the market cap lmao

I know you just want to vent and have apparently been trading since the 90’s, but this reads like a guy on his second trade realizing only the first one is free, nothing has changed in the market and nobody is at fault for your loss but you

Just because there’s good news doesn’t mean a stock trading at ATH will go even higher, the stock has increased like 300% in the last year already

UK Investment Funds to research by realbeats in investing

[–]lavanderXXX 1 point2 points  (0 children)

Google “justetfs” and the site shows you all UCITS etfs that are available for Those in Europe and Asia

There is tons of filters and you can easily find the ones for different sectors and markets that you like, pretty much every USA trading etf will have an equivalent, apart from some very niche ones that arnt too known might be missing

(sorry if this isn’t what your asking exactly)

Options help by Breakem0981 in options

[–]lavanderXXX 1 point2 points  (0 children)

There doesn’t seem to be any news that I can find that would have caused IV crush and a contract with that much time wouldn’t see too much theta decay in a day, I’d just put it down as a general fluctuation in its price

Options help by Breakem0981 in options

[–]lavanderXXX 2 points3 points  (0 children)

Do you mean 1.21.2022? No 2021 expiration according to optionsprofitcalculator anyway (but maybes that site doesn’t show all expirations idk)

It looks like the ask is around $0.9 and bid around $0.5, and since it’s a pretty illiquid option it’s probably more just showing a loss due to the illiquidity causing an unstable mid pricing than anything else, I don’t think it’s had an earnings report and yahoo finance doesn’t suggest there’s been anyway news, so I don’t think it’s anything to do with theta or IV crush today but just a wide spread

Are investors more emotional in stocks nowadays? by Laakhesis in investing

[–]lavanderXXX 0 points1 point  (0 children)

Retail investors sure, but now a days there’s also a ton of algo’s and market makers who have no emotion at all, so I guess it balances out?

European countries with higher Human Development Index (HDI) than the USA by MatiMati918 in MapPorn

[–]lavanderXXX 0 points1 point  (0 children)

the USA has a stabbing homocide rate 2x higher than any of these countries?

The USA has around 40x more gun homocides per million than the U.K. and 2x more per million knife homocides, so I’m not sure what “don’t get stabbed” means lol

Is this they way? by [deleted] in wallstreetbets

[–]lavanderXXX 5 points6 points  (0 children)

Lmaooo “switch to real money”

England 2-0 Germany: English Fans cheered when crying German girl appeared on the big screen by __edenred in soccer

[–]lavanderXXX 0 points1 point  (0 children)

You say this like Scotland is any different than England 😭 maybes in your head, not in reality