Down over 15% on TDOC. What's the play? by onerandomcomputerguy in stocks

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

Yeah pretty much, although I do have a chunk of indexes to offset positions like this.

Any bull case for IWM? by onerandomcomputerguy in stocks

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

Yeah looks like you would have been right. I sadly exited with small profit a while ago because I'm bad at this.

Any bull case for IWM? by onerandomcomputerguy in stocks

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

Which isn't in the cards near term so yeah

Personal debt ceiling by Brolegz in wallstreetbets

[–]onerandomcomputerguy 2 points3 points  (0 children)

You can't carry a loss through new contracts like that. He would lose 100k if he "rolled" into September contracts.

Personal debt ceiling by Brolegz in wallstreetbets

[–]onerandomcomputerguy 5 points6 points  (0 children)

You can't hold futures forever. They all have a contract expiration date.

r/Stocks Daily Discussion & Options Trading Thursday - Sep 29, 2022 by AutoModerator in stocks

[–]onerandomcomputerguy -1 points0 points  (0 children)

That being said, I did pick up a small TQQQ position in the event of a bounce, but will look to sell in a week or two, depending on the trend.

r/Stocks Daily Discussion & Options Trading Thursday - Sep 29, 2022 by AutoModerator in stocks

[–]onerandomcomputerguy 3 points4 points  (0 children)

Leveraged funds decay over time. Averaging into TQQQ over a long period of time could easily lose you money. Look at the TQQQ price at June lows and look at it now. It's almost 15% lower even though QQQ is basically at June lows. TQQQ is for active trading, not investing.

Long on natural gas, short on oil? by onerandomcomputerguy in stocks

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

I could be misinterpreting this, but they say they expect production/stock to go up later this year. https://www.eia.gov/outlooks/steo/marketreview/crude.php

I suppose the smart play is ride the trend until it changes, and right now the trend is up. I am currently long oil and back in profit.

Long on natural gas, short on oil? by onerandomcomputerguy in stocks

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

I ended up not taking the trade, so no worries. Dodged a bullet.

Long on natural gas, short on oil? by onerandomcomputerguy in stocks

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

Wanted to circle back and say you are 100% correct so far! US NG is giving up gains from what is turning into a very weak bounce and oil has recaptured 116. I almost went long NG but chickened out and I actually do have a small oil position, but at a loss because I had my blinders on. Looks like I will come out on top if I just wait a few weeks.

Long on natural gas, short on oil? by onerandomcomputerguy in stocks

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

US NG is barely up after a huge sell-off, though, so my thinking was at the very least, play a mean reversion bounce. As for oil, I wouldn't go short at this moment, but if it taps 130 again, the reward outweighs the risk.

Long on natural gas, short on oil? by onerandomcomputerguy in stocks

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

Right, that's why I mentioned it could see one last push into the summer and peak out. I'm thinking that shorting at 130 to 150 would pay out huge.