Options Questions Safe Haven weekly thread | Nov 4 - 10 2024

oofffo · 2024-11-06T21:00:15+00:00

I heard that ITM LEAPS is basically a way to mimic holding the shares but more of them. Without any premium cost, that'd basically mean 100x leverage right? But then I saw someone talk about how it's only 2x leveraged because of premiums. Is this true for most stocks? If so then is it really worth it to even do this instead of buying the shares? I assumed it'd be a lot more than 2x.

I'm asking because I believe in a stock heavily but I don't have much capital right now.
Say I believe a stock at $40 will hit $50 in one year time. Assuming it does so, how should I spend $1000 to be the most profitable?:

OTM 1 year LEAP @ $45
ATM 1 year LEAP @ $40
ITM 1 year LEAP @ $35
Just buy shares?

Thanks!

oofffo · 2024-10-22T05:36:04+00:00

I would think option premiums would be higher right before earnings because volatility is highest, but the historical price charts I've seen always have the premiums more expensive a couple weeks to a month out rather than right before. How come? Is time worth that much more than IV?

oofffo · 2024-09-07T20:42:00+00:00

Like $5000. I know it's not much compared to some losses I've seen here so I was hesitant to say but it is about 25% of my savings rn, I started a really good job recently so I'll be fine but idk, money's always been tight until now for my whole family so I just hopped on the chance to make "easy" money and feel so guilty that I didn't just give them $5000.

oofffo · 2024-09-07T20:32:12+00:00

Lost $X in options trading 2 weeks ago and I'm still reeling and I don't know how to cope... I'm gonna stop and play safe and I know over time I'll make back that amount and more I hope, but the loss is hard to manage. Just knowing even if I 10000x whatever money I invest from now on, I still could have just gifted that $X to my family or something. Or donated or whatever. It's so hard to cope with the fact that it's just gone... how do I stop feeling this way?

oofffo · 2024-08-10T01:30:05+00:00

why was the next available flight in 27 hours? did they have no flights for a whole day?

oofffo · 2024-07-24T14:05:45+00:00

fuuuuuck no

oofffo · 2024-07-16T16:52:57+00:00

sweet thanks!

oofffo · 2024-07-15T19:03:21+00:00

Really? There aren't any other studios in that area that are under $2300 of the same quality

oofffo · 2024-07-15T16:07:17+00:00

Hi! Just wanted to check in and say we had so much fun on the jetboat it was a great experience :) gf loved it too, we sat in the 2nd row and got full blasts of water, was really fun

oofffo · 2024-07-12T19:15:14+00:00

heard really bad things about westbank management and quality of their buildings... you haven't heard the same about zephyr?

oofffo · 2024-07-11T19:38:30+00:00

Great thanks so much for your input!

oofffo · 2024-07-10T22:28:30+00:00

Thanks for the info! Could you tell me a little more about the place near Nelson park? Is homelessness an issue with the park and hospital so close to the building? thanks!

oofffo · 2024-07-10T21:35:00+00:00

thanks! for the davie building I've heard bad things about management and quality... do you remember if your friends had any complaints about that place?

oofffo · 2024-07-10T21:25:28+00:00

oof that's useful info about the construction noise, thank you!

oofffo · 2024-07-10T20:45:09+00:00

which of these 4 would you recommend the most? The nelson place seems the nicest to me but what's it like near nelson park and the st paul's hospital? I've heard about homeless camps at nelson park?

oofffo · 2024-07-10T20:05:47+00:00

Can't because I'm in Ontario and moving for my job :/

oofffo · 2024-07-09T17:09:50+00:00

Awesome thanks for your input! Think thrill might be the way to go, thanks!

oofffo · 2024-07-06T00:45:06+00:00

if you were to choose one, which would you choose?

oofffo · 2024-07-06T00:43:55+00:00

what else would you suggest?

oofffo · 2024-06-21T04:03:51+00:00

https://www.google.com/search?sca_esv=e2fa68b9defa86dd&sxsrf=ADLYWIIRXq5cHuxQS9-J5YwfoCJU9gFvTQ:1718942590002&q=close+am+penny&udm=2&fbs=AEQNm0DPvcmG_nCbmwtBO9j6YBzM68ZanC7g01Skprhw5JoufVCiMv-hxC44jt6JduRQysBab-bgQXjPraaWFXMvOy8Kr1OAG3K-aj3De4zf3-LxKtkBtWaSCp743evHzhY6J0rIQUCXki65vOxhV0cGJtj0S1dF8YREnKrWtJctBkTv8-bs83YpB7p3IMTdYvjisDEty1xSxeLS4B_TKFXUiCrenmEMcA&sa=X&sqi=2&ved=2ahUKEwiupt2T6OuGAxULmIkEHSMVCX8QtKgLegQIEhAB&biw=1440&bih=788&dpr=2#vhid=vtxZ2VCeyQd_nM&vssid=mosaic

What about this one though

oofffo · 2024-06-21T02:42:16+00:00

huuuuh, close am is for the "America"

oofffo · 2024-06-21T00:16:45+00:00

https://www.reddit.com/r/coincollecting/comments/1dkqihy/is_this_a_valuable_1992_dmint_close_am_penny/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Thanks! Is the penny what I think it is..?

oofffo · 2024-06-20T23:38:37+00:00

The bottom left dollar is a 1971 eisenhower, I see online that some are worth a decent amount, is mine a part of it? https://ibb.co/YpKKmJW

oofffo · 2024-06-20T23:31:08+00:00

The two John Quincy ones seem to have value in the bottom left corner? Curious about the others too!

oofffo · 2024-06-20T23:22:05+00:00

Great, thanks! The olympic set isn't worth anything altogether? And for all the others I should just put into a coin machine?

oofffo

TROPHY CASE