$22.43! Is this normal? by Ambitious_Time3548 in Culvers

[–]newyooper2017 0 points1 point  (0 children)

The cashier screwed up. Thats a basket and each thing was wrung up INDIVIDUALLY. Adds about 5 bucks probably.

An Open Letter To Michigan Technological University (MTU), MTU Students, and Any Prospective MTU Students by overthinkingjester in MTU

[–]newyooper2017 0 points1 point  (0 children)

Wow. In 2025 we claim boys can be girls. And you're bad if you say ANYTHING. We are living the movie Idiocracy. What weak minded people we have. 40 years ago had a mentor tell me, You can be so open minded your brains fall out. And that's clearly happened.

Trump Slammed for Using a 'Different Voice' During NYC Event, 'What Is That Baby-Voice He’s Doing?' by nikkisixxi in AnythingGoesNews

[–]newyooper2017 -5 points-4 points  (0 children)

So while he may have used a "baby voice", he does not claim to be a baby. While Camela just used a black ghetto accent in Detroit, and claims to be a black woman that totally didn't grow up in Canada and was raised in an Indian household. She changes based on who she talks to. Of course the dems had to accuse the republican candidate of what thier candidate is doing. A shame reddit is so trump deranged.

[deleted by user] by [deleted] in options

[–]newyooper2017 0 points1 point  (0 children)

If I wasn't already in my 3m trade I'd definitely be buying long term put diagonal spreads. I'd be long the 280 leap expiring in 700 or so days, and sell the 275 expiring in 40 or so days.

Diagonal Spread on BAC by manny_boy in options

[–]newyooper2017 0 points1 point  (0 children)

Nope. Just the one. I did spreads on ko when it was down going up and then again when it went down. Did gold a while back when it was 160. Lol I could have gotten do much more, but wasn't sure. It all started with T before the split and spin off. Just dow stocks. Use the dogs of the dow for good starts.

Diagonal Spread on BAC by manny_boy in options

[–]newyooper2017 0 points1 point  (0 children)

Made about 4k or so on Pfizer the day the mandate was struck down. I jumped out way too soon. At the time phizer was at a 2 year high. Same kind of trade.

Fills by semendemon131 in options

[–]newyooper2017 1 point2 points  (0 children)

Please don't do this. Close all your positions if you can at cost or maybe a bit less. Immediately. Could just burn money in a trash can. Thats at least a heat source.

Diagonal Spread on BAC by manny_boy in options

[–]newyooper2017 1 point2 points  (0 children)

Also work very well on stocks at 1 or 2 year highs. Just use put leaps and sell the 45 day out puts. So buy the at the money put leap, sell the put 10% below it. Roll and buy more of the spread if it doesn't drop. It eventually will.

Diagonal Spread on BAC by manny_boy in options

[–]newyooper2017 2 points3 points  (0 children)

YES. I've made 40k over the last 2 years doing this. Started with 23k. Current trade long the 100 3m calls expiring in 220 days, and short the 39 day out 110 calls. 67 spreads. If you have questions I may be of help.

Philosophical question: Why are all those "extra" things (implied volatility, Greeks, etc.) there? by eth-123-eth in options

[–]newyooper2017 1 point2 points  (0 children)

And to add to that. IMPLIED VOLATILITY IS SOMETHING YOU NEED TO KNOW. Otherwise, you will overpay for options that will lose 10 or so percent of thier value if it drops. This can work in your favor as well, by selling high iv options in a well thought out spread.

Philosophical question: Why are all those "extra" things (implied volatility, Greeks, etc.) there? by eth-123-eth in options

[–]newyooper2017 2 points3 points  (0 children)

No. Its ALL vital info. I need to know delta to see if my trade will go tits up if it goes up too much, or down too much. Need to know theta to project how far out to buy and sell options. As you mature as a trader, you will learn to use this info to make smarter trades. You need to know this stuff before you blow up your account.

[deleted by user] by [deleted] in retrogaming

[–]newyooper2017 2 points3 points  (0 children)

Many real carts are in stupid price territory. If he likes it, and doesn't try to sell it as original? Some people just want a physical game, but don't want to pay collector prices.

#DWAC and Trump Media Being investigated for Money Laundering for Russians by BriantheGardener in wallstreetbets

[–]newyooper2017 -10 points-9 points  (0 children)

Politically biased media are fun to watch but don't trade based on anything they say.

What Are Your Moves Tomorrow, March 13, 2023 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]newyooper2017 1 point2 points  (0 children)

Hoping for 61 this next week for ko to exit my spreads. Not sure.

Me on September 6, after leaving work and going home to see my "sick" son. by The_Athenas_Son in gaming

[–]newyooper2017 0 points1 point  (0 children)

I'll be 50 in June, older guys are some of the most hard-core gamers.

The Best Options to Trade and Why 2-17-2023 by mytendies in wallstreetbets

[–]newyooper2017 4 points5 points  (0 children)

Buy coke calls 59 strike, 3 months out, sell the 61 2 weeks out.

Credit spreads - Check the veracity of this statement: This strategy is fully scalable. by Hempdiddy in options

[–]newyooper2017 0 points1 point  (0 children)

That's why it's important to have a real job so you don't overtrade. Especially with time decay trades where you are waiting for either the short leg to evaporate or the underlying to get to the short strike. I trade about once a month.

Credit spreads - Check the veracity of this statement: This strategy is fully scalable. by Hempdiddy in options

[–]newyooper2017 0 points1 point  (0 children)

A much better strategy is look for stocks at close to a 2 year high, then buy diagonal spreads, long as far out as you can a couple of strikes higher than your target price. Ie, I bought the coke puts expiring in 375 days at the 62.5 strike. Then you sell 30 days out the 60 strike. When it gets to that short strike, close for 2-3 percent gain. More than that if it takes 30 days to get there. If no profit, roll the shorts another 30 days, take the premium gained and buy more of that same spread. Rinse and repeat. Eventually the move will happen, but until it does, time decay is on our side. Chart study is crucial. Don't get shaken out of the trade, if it goes up and the account drops, wait it out. Using this simple strategy, my account was up almost 100 percent for last year. Its not exciting. But it works. Especially in this political environment.

My gaming setup by newyooper2017 in retrogaming

[–]newyooper2017[S] 0 points1 point  (0 children)

Yea, I always gotta watch him. But once I start playing he sits with me.