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STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. CCity Zero

    CCity Zero Member

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    What was really bullshit was the silly amount of puts that came in a few min before close yesterday on SNAP. I can't remember the amount but the strike was 17.50 at 0.12-0.13 per. This morning 3.95 each. OI was at ****ing 10 before that, 10....
     
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  2. adoo

    adoo Member

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    up big one day, then sell off the next day; ad nauseum
    it appears to me that lots of wall street pros / institutions are looking for opportunities to sell


     
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  3. Sajan

    Sajan Member

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    big companies dropping 30-40% overnight is the new norm...
     
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  4. adoo

    adoo Member

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  5. Sajan

    Sajan Member

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    so when exactly is it useful?
     
  6. CCity Zero

    CCity Zero Member

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    I have been trying to get lucky on finding something like a SNAP... Basically not priced in/low OI and sudden high volume for the day with a short DTE.... With my luck though is I'll buy lotto contracts that I might have been better off gambling in an actual casino. Haha, especially dealing with small DTE, if any rumored news doesn't actually stick it can really hurt.

    I have been closing out contracts on momentum and on the same day in some cases (especially if on the call side atm), or I get lucky and find an outlier/good tip like CSCO last week where I rolled the put out.

    The Ulta play I mentioned, but held off on is up a nice 40+%, but in this market I'm trying to find something I feel more comfortable risking so I don't give back easier gains. I just wasn't feeling good about yesterday since I was doing okay with quick quick contract trades in Apple/Spy.

    Anyway I'll still try to share any plays, especially if I get some crazy luck/tips.
     
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  7. Ziggy

    Ziggy QUEEN ANON

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    Oracle
     
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  8. Sajan

    Sajan Member

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    Buy any COST yet? haha
     
  9. thegary

    thegary Member

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    Or, let’s not talk about stocks…
     
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  10. Ziggy

    Ziggy QUEEN ANON

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    Up on ERX again. But it's not even fun anymore.
     
  11. saitou

    saitou J Only Fan

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    Some reactions here. As with everything it will come down to execution. Msft is so big, by itself I doubt this has significant % impact on its bottomline in the short term.

    https://news.ycombinator.com/item?id=31493458

    As a lowly paper pusher that's been using Teams more and more, I'm excited by the announced live sharing/editing in teams. The new arm ai PC in collaboration with qcom looks interesting too.
     
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  12. Ubiquitin

    Ubiquitin Member
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    Are we entering another lost decade? Like the 2000s?
     
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  13. adoo

    adoo Member

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    when the VIX is not as volatile, say below 20
     
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  14. Ziggy

    Ziggy QUEEN ANON

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    Everything is going back to its pre-pandemic (right before the violent death drop) price at BEST.
     
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  15. Ubiquitin

    Ubiquitin Member
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    Maybe more realistically trend from the growth from 2012-2016? 2016 and on has been exuberant growth without actual growth.
     
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  16. adoo

    adoo Member

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    no wonder the VIX is so high, there is no clarity but plenty of contrasting views

    The Fed raises interest rates by the most in over 20 years to fight inflation

    The central bank raised its benchmark rate by half-a-percentage point, following
    a 1/4-point increase in March. The moves mark a sharp U-turn from the easy-money
    policies the Fed had pursued through most of the pandemic.

    Fed Chair Powell said he and his colleagues would actively consider two additional
    half-point rate increases at their next two meetings in June and July,
    continuing a campaign that has high stakes for the U.S. economy.

    in the wake of this U-turn, distinguish Wharton School of Economic Finance Professor,
    Jeremy Siegel offers this view

     
  17. Ubiquitin

    Ubiquitin Member
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    The fed funds rate should be closer to 5% than 0%
     
  18. CCity Zero

    CCity Zero Member

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    Man!! I wish I did when you posted about it, did you pull it off? I was thinking of something like DASH/UBER Puts due to rising costs of everything and being that they're up atm. I think it's a short lived rally, and just thinking about a quick momentum play, but I keep thinking it looks too easy...

    Like mainly DASH with execs selling stock etc.
     
    #18538 CCity Zero, May 25, 2022
    Last edited: May 25, 2022
  19. geeimsobored

    geeimsobored Member

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    On a random note, I have a bunch of SCHD in my Roth IRA. I randomly decided to check what's happening and wow SCHD has held up well. Only down 5% this year so I still have almost all of the post-pandemic growth. They always talk up how well they screen companies on the index but I guess there is some truth to that.
     
  20. Sajan

    Sajan Member

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