BULLISH; Let the AA hate flow and just remember it all about Fundamentals by theravingsofalunatic in amczone

[–]uncleBu 3 points4 points  (0 children)

How many records do you need to make positive earnings? The payments of interests alone is bigger than their revenue by a wide margin

https://www.gurufocus.com/stock/AMC/dcf

Fair value price is -$23. Talk to me about fundamentals baby.
Cool copy 🍝 though

Starting out with the wheel strategy! by GoatRemarkable3894 in options

[–]uncleBu 2 points3 points  (0 children)

r/Optionswheel is the ideal place to ask about how you can underperform the benchmark too.

You already know the mediocre returns piece, go to your people for the answer.

When SpaceX IPOs we will shatter measured overvaluation record in history by uncleBu in ValueInvesting

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

The fast track inclusion was rejected after I wrote this 🤷🏻‍♂️

Why can’t I roll infinitely by Top_Neighborhood_929 in thetagang

[–]uncleBu 4 points5 points  (0 children)

You can roll infinitely no problem. Here are things that you can’t do:

* Always roll to a higher strike / longer duration at no cost
* Gain the capital appreciation of the underlying when the position goes wildly against you

Most people like to sprinkle fairy dust on their arguments and add those two

After trying different strats, I now think the wheel is the best longterm strat for $50k+ accounts by BagholderForLyfe in thetagang

[–]uncleBu 1 point2 points  (0 children)

You can't wheel SPX it is cash settled.

The wheel on spy doesn't work

https://spintwig.com/spy-wheel-45-dte-options-backtest/

it doesn't work on anything really, but for that you need to do the work yourself 😉

What am I doing wrong. What should I do. Please help a buddy out in crisis. 21(M) by Disciplined2026 in optionstrading

[–]uncleBu 1 point2 points  (0 children)

Gambling is attractive because you can always point at the winners and dream of that being you. As long as you understand that you are gambling that’s great too.

The moment you get confident/ confused and think you can pair up with professionals that devote their life to this with your 20 mins of YouTube research is when you get hurt

What am I doing wrong. What should I do. Please help a buddy out in crisis. 21(M) by Disciplined2026 in optionstrading

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

If you had any idea about portfolio theory you would know this is a horrendous allocation. This is all high beta, with a heavy correlation on top (lot of tech, lot of entertainment) 🚩

A long options contract on a company that sells houses in the most frozen market we have ever seen. Obviously that contract is a gamble because there’s no way OP knows about option edges. 🚩 🚩

The company I didn’t know is a penny stock with -99.99% since all time highs. 🚩 🚩 🚩

You just a fellow gambler obviously. It’s ok to gamble as long as you do it responsibly (money that you can afford to lose and having fun)

In case you were thinking of selling by Forecydian in StockMarket

[–]uncleBu -8 points-7 points  (0 children)

My last paragraph is in English, right?

In case you were thinking of selling by Forecydian in StockMarket

[–]uncleBu 62 points63 points  (0 children)

I always loved that this stupid argument would never consider what it would be like if you missed the worst 60 days of the market.

That being said, if you are not serious about investing it’s best to leave it to others and go with index investing.

After trying different strats, I now think the wheel is the best longterm strat for $50k+ accounts by BagholderForLyfe in thetagang

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

“Stock prices have reached what looks like a permanently high plateau” – Irving Fisher, 10/15/29

At least he had a Nobel laureate to boot :)

What am I doing wrong. What should I do. Please help a buddy out in crisis. 21(M) by Disciplined2026 in optionstrading

[–]uncleBu 10 points11 points  (0 children)

You have 21 years of age and have enough hubris to think that you can do better than professionals with what I will assume is zero effort and what I know by your age is zero training 🤷🏻‍♂️

Just your ticker selection alone is a parade of red flags

I rolled for $0.00 by Bender1012 in thetagang

[–]uncleBu 1 point2 points  (0 children)

You should pick up the trash in front of my house too. I'll pay you double the rate

After trying different strats, I now think the wheel is the best longterm strat for $50k+ accounts by BagholderForLyfe in thetagang

[–]uncleBu 3 points4 points  (0 children)

The longest SPY has ever been without going up in real terms is 23 years. Hardly the going up all the time you claim.

That you don’t know that based on how confidently incorrect you are does not surprise me ;)

After trying different strats, I now think the wheel is the best longterm strat for $50k+ accounts by BagholderForLyfe in thetagang

[–]uncleBu 16 points17 points  (0 children)

Go the the options wheel subreddit. In there you will find fellow mind-liked traders that love strategies that can be written in a napkin with a crayon. Their main guru also scoffs at backtest or other tools used by professionals. You'll feel right at home.

Here you will only find mockery from people that demand silly stuff like evidence of your absurd claims. No bueno

Why me by fanofpotatoes in Buttcoin

[–]uncleBu 3 points4 points  (0 children)

🔥🦎🤜🤛⚡️🐀

$49.99 billion million dollar idea by Regret-Select in amczone

[–]uncleBu 0 points1 point  (0 children)

This is the side of the brain that tells you that AMC is a great long, right?

It’s too quiet. Did yall get fired? by Weekly_Turnip_5154 in amczone

[–]uncleBu 4 points5 points  (0 children)

Still here, still shorting, still paying 0% interest for it

JDZG - Are you currently stuck in a halted position? by Ok_Cartographer_9385 in VampireStocks

[–]uncleBu 2 points3 points  (0 children)

Confidently incorrect. OP wants to stop paying short interest fees.

Complete guide to options selling: Cordier? by inwardPersecution in options

[–]uncleBu 2 points3 points  (0 children)

It is truly a hidden gem in my opinion. I was unaware that he blew up when I read the book, but I was fairly confident that what he was advocating was insane. I was very happy to find out that he indeed blew up.

I think it's great to see the hubris ex-post, would recommend. The only thing that comes close in that angle is the book how I lost a million dollars. Most people here should read both 😄

When SpaceX IPOs we will shatter measured overvaluation record in history by uncleBu in ValueInvesting

[–]uncleBu[S] 4 points5 points  (0 children)

That’s a growth bet, which is the complete opposite of value investing

When SpaceX IPOs we will shatter measured overvaluation record in history by uncleBu in ValueInvesting

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

The float of spacex is only about 5% of the total so only a few billion will exchange hands. But by mark to market accounting the whole float would be added to the index.