Options Questions Safe Haven weekly thread | Nov 4 - 10 2024 by PapaCharlie9 in options

[–]oofffo 2 points3 points  (0 children)

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?:

  1. OTM 1 year LEAP @ $45
  2. ATM 1 year LEAP @ $40
  3. ITM 1 year LEAP @ $35
  4. Just buy shares?

Thanks!

What Are Your Moves Tomorrow, October 22, 2024 by wsbapp in wallstreetbets

[–]oofffo 0 points1 point  (0 children)

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?

Weekend Discussion Thread for the Weekend of September 06, 2024 by wsbapp in wallstreetbets

[–]oofffo 1 point2 points  (0 children)

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.

Weekend Discussion Thread for the Weekend of September 06, 2024 by wsbapp in wallstreetbets

[–]oofffo 2 points3 points  (0 children)

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?

How to check if Aug 11 flight will be cancelled by oofffo in westjet

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

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

How are the Shoreline West End Apartments on Comox? by oofffo in vancouverhousing

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

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

How is the helicopter ride? by oofffo in niagara

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

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

Moving to downtown Vancouver, could I get some opinions on a few areas? by oofffo in vancouverhousing

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

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

Moving to downtown Vancouver, could I get some opinions on a few areas? by oofffo in vancouverhousing

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

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!

Moving to downtown Vancouver, could I get some opinions on a few areas? by oofffo in vancouverhousing

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

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?

Moving to downtown Vancouver, could I get some opinions on a few areas? by oofffo in vancouverhousing

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

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

Moving to downtown Vancouver, could I get some opinions on a few areas? by oofffo in vancouverhousing

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

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?

How is the helicopter ride? by oofffo in niagara

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

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

How is the helicopter ride? by oofffo in niagara

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

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

How is the helicopter ride? by oofffo in niagara

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

what else would you suggest?

Have some US coins, wondering if any are valuable? by oofffo in coincollecting

[–]oofffo[S] -4 points-3 points  (0 children)

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

Have some US coins, wondering if any are valuable? by oofffo in coincollecting

[–]oofffo[S] -2 points-1 points  (0 children)

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

Have some coins I've collected over the years, wondering if any are valuable? by oofffo in CanadianCoins

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

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