The StoNks thread

[Gwaihir]

The thing is a sold Put is a bullish play, but the premium on Nikola options are so ridiculous that you can profit off of betting it's not gonna get chopped in half or that it's not going to double. Nikolas options on both the put and the call are priced at a +/- 35% move on the underlying security with the seller of either direction profiting on everything in between

[Morton Jr]

No money check

[Morton Jr]

Nikola long check

at 18 ? Buy more check

gwaihir money wait for it wait for it

[Morton Jr]

Those of you who were smart enough to put a little money in VCNX Sell now and enjoy your 70%+

[Gwaihir]

DFEN shredding it up RN. Guess we're ramping up for war.

[imperiouskitten]

Originally Posted by Morton Jr [You must be logged in to view images. Log in or Register.]

Those of you who were smart enough to put a little money in VCNX Sell now and enjoy your 70%+

been in it awhile [You must be logged in to view images. Log in or Register.]

[Gwaihir]

Here we are, 2.5 months later.

NKLA sitting at 19$, down from the 34$ you told everyone to buy at while scoffing at my advising of selling 17.50 puts instead.

I'm up 200$ on my 4200$ sold-put investment. You, if you entered into position with 123 shares at the same time (4200) are down 1852 and I still have 830$ to gain in premium decay when it finishes above 17.50/share in mid January.

Thanks for playing, smoothbrain

[Barik]

Just very recently I cashed out my AMD stock, I am having a little bit of sellers remorse, however we now paid off our house. So having no mortgage is beautiful, I'm not going to lie. Ultimately I made just over 75k from AMD, at the time my wife and I had a fun night at a casino and won a little over 5k which I never win anything. That next week I bought 1,000 shares at just under 5 dollars at the time. Needless to say she was pissed because she wanted to use the money to go towards new kitchen appliances. All in all it's worth it because we now own our home and used the rest to install a in ground pool and that alone has been awesome given the state of the world right now.

PS. Something noteworthy in the stonks thread, CEO of Pfizer Albert Bourla just sold all of his company shares the SAME day as the vaccine announcement. Do what you will with that information, but that let settle in if you even think about taking this god dam vaccine.

[imperiouskitten]

Originally Posted by Gwaihir [You must be logged in to view images. Log in or Register.]

Here we are, 2.5 months later.

NKLA sitting at 19$, down from the 34$ you told everyone to buy at while scoffing at my advising of selling 17.50 puts instead.

I'm up 200$ on my 4200$ sold-put investment. You, if you entered into position with 123 shares at the same time (4200) are down 1852 and I still have 830$ to gain in premium decay when it finishes above 17.50/share in mid January.

Thanks for playing, smoothbrain

his clinging to NKLA was definitely a credibility crusher. keep posting gwaihir, it helps

[Gwaihir]

Originally Posted by imperiouskitten [You must be logged in to view images. Log in or Register.]

his clinging to NKLA was definitely a credibility crusher. keep posting gwaihir, it helps

Sell 10$ dfen puts for April 2021 expiry. 1000$ returns 135$ in premiums. That's a 13.5% premium return on a 5month investment. Hell, we likely won't see it drop back below 12$ with a dem president's tendency for war. April 12$ puts are returning 220$ on a 1200$ investment; a 17.5% return on 5 months' investment if you're a little more cavalier