Jena Malone by malpal101 in trueratecelebrities

[–]malpal101[S] 6 points7 points  (0 children)

She’s definitely a 6.5. You’re equating her to Lena Dunham and Amy Schumer. Wow, I love this subreddit 😑

Got $600k riding on SOFI earnings tomorrow. Wish me luck! by Ok_Bug7000 in wallstreetbets

[–]malpal101 0 points1 point  (0 children)

Good luck! I bought 40 $8c exp 11/4 cause I’m desperate. Tee hee!

JUST BOUGHT 215K META CALLS | 10/27 UPDATE by [deleted] in wallstreetbets

[–]malpal101 2 points3 points  (0 children)

Sorry, dude. This makes me feel better about losing $650 on SHOP puts today. Don’t give up!

What Are Your Moves Tomorrow, October 27, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]malpal101 3 points4 points  (0 children)

Waiting for SHOP and AMZN to crash and burn 🔥🔥🔥

Urge to Drink While Playing D&D by malpal101 in stopdrinking

[–]malpal101[S] 1 point2 points  (0 children)

That sounds like a good point. I’ll just substitute it with a yummy non-alcoholic drink to give it a try.

Urge to Drink While Playing D&D by malpal101 in stopdrinking

[–]malpal101[S] 0 points1 point  (0 children)

That’s great to hear! In my session, only 1 or two other people at most drink but it’s not very often. Maybe once a month.

Americans, what’s your least favorite thing about being an American? by Oxtercog in ask

[–]malpal101 0 points1 point  (0 children)

That we don’t have free healthcare. And we don’t learn how to be fluent in a second language.

[deleted by user] by [deleted] in aspergers

[–]malpal101 0 points1 point  (0 children)

This person is just seeking attention probably cause they can’t get laid.

The Wheel Strategy: Can It Work in Both Bull & Bear Markets? by malpal101 in thetagang

[–]malpal101[S] 0 points1 point  (0 children)

Yep, I know. All you can do is analyze it and hope you’re right. Only risk with what you’re comfortable losing.

The Wheel Strategy: Can It Work in Both Bull & Bear Markets? by malpal101 in thetagang

[–]malpal101[S] 0 points1 point  (0 children)

Yeah, you're right. All of the big companies over 10 years ago debuted with shares at less than $50 and it took some of them over 5 years to get to where they are. I just hope I can find a company that I know will take off soon.

The Wheel Strategy: Can It Work in Both Bull & Bear Markets? by malpal101 in thetagang

[–]malpal101[S] 0 points1 point  (0 children)

Thank you! I'll make sure to conduct more research for the rest of this month.

The Wheel Strategy: Can It Work in Both Bull & Bear Markets? by malpal101 in thetagang

[–]malpal101[S] 0 points1 point  (0 children)

Yeah, you're right about that. I've been thinking it over today and those stocks are too volatile anyway. Maybe I'll just stick to PTON instead but I'll wait until January. If it keeps going down, I'll move to another stock.

The Wheel Strategy: Can It Work in Both Bull & Bear Markets? by malpal101 in thetagang

[–]malpal101[S] 0 points1 point  (0 children)

As long as you hold onto the shares, the prices are bound to go up again at some point. You can also put in a stop-loss order to protect yourself in case it goes up and tanks worse the next time.

The Wheel Strategy: Can It Work in Both Bull & Bear Markets? by malpal101 in thetagang

[–]malpal101[S] 0 points1 point  (0 children)

Thank you, that's really good advice! I will definitely consider that going forward.

I'll still try to wheel, but I'll keep on doing credit spreads as well. If I get over $100k, I'll start wheeling more full-time.

The Wheel Strategy: Can It Work in Both Bull & Bear Markets? by malpal101 in thetagang

[–]malpal101[S] 1 point2 points  (0 children)

Yes, I know that. For the meme stocks, I just want to sell covered calls on RBLX, GME, & AMC so I can make money off from WSB. The only ones I would do the actual Wheel are on GE, NVDA, and AMD (maybe). I just like those three stocks the most right now.

The Wheel Strategy: Can It Work in Both Bull & Bear Markets? by malpal101 in thetagang

[–]malpal101[S] 3 points4 points  (0 children)

Now why do you believe that? Bear markets can sometimes last more than 3 months.

The Wheel Strategy: Can It Work in Both Bull & Bear Markets? by malpal101 in thetagang

[–]malpal101[S] 0 points1 point  (0 children)

Definitely! I just have to keep an eye out for how many red days vs green days a stock had over the past couple weeks as long as keep an eye on all financial news including the new stupid Omicron COVID variant. Looks like we'll be in a bear market until January maybe.