Stocks/Investing

[theesotericone]

Crypto is crazy right now. I have only have a little in cause I was expecting large drop. Bitcoin could be 100k by end of year so i need to get back in at some point.
Im holding NIO for a little bit.

Yep. I'm watching the BTC 1 day chart right now. The swings are huge.

I'm going to exercise 2 NIO $45 calls on Friday. On 12/24 I purchased some NIO calls.

10 @ JAN 15 $55 Strike $2.06 PAID $2060
4 @ JAN 15 $45 Strike $5.08 PAID $2032
Total Invested: $4092

Last Friday I sold 1/2.

5 @ $55 Strike $4.95 SOLD: $2475
2 @ $45 Strike $12.75 SOLD: $2550
Total Sold: $5025

That left me with $933 profit and I still own 2 @ $45 and 5 @55. The current strike on the $55 are 8.05. I'll sell those and they will pay for one of the $45 calls I'll exercise. So, I'll end up with 200 shares of NIO for 4000-5000 out of pocket. I fucking love options. lol

 

[Bigbarlo]

Keep an eye on JAGX on Monday. Announcement coming out and should go up $6 to $8.

??? Bought some.

 

[Dukestaco]

??? Bought some.

I went all in on wkhs today. 3850 shares at $24.11. USPS contract coming up. I should probably not trade after working all night.

 

[AssBurns]

I went all in on wkhs today. 3850 shares at $24.11. USPS contract coming up. I should probably not trade after working all night.

Still in it or did you get out?

 

[theesotericone]

I went all in on wkhs today. 3850 shares at $24.11. USPS contract coming up. I should probably not trade after working all night.

That's some serious faith right there. Sell 38 FEB 19 $35 covered calls. Premium right now is 1.15. That puts $4370 in your pocket. If they get called away on FEB 19 who gives a shit because you just made 49% profit in 5 weeks. lol

 

[Dukestaco]

I

Still in it or did you get out?

in It.

 

[AssBurns]

I

in It.

Might as well get out while you are slightly up

 

[Dukestaco]

Might as well get out while you are slightly up

What do you know about wkhs. Bad news ?

 

[AssBurns]

What do you know about wkhs. Bad news ?

Nothing but that is a ton of risk for something that just recently has had a ton of volatility

 

[Dukestaco]

Might as well get out while you are slightly up

I also have a stop loss in place.

 

[theesotericone]

Nothing but that is a ton of risk for something that just recently has had a ton of volatility

Volatility is how you make money. It's the reason when NVDA dipped $10 today I didn't sell my FEB options. I bought more. lol

 

[AssBurns]

I also have a stop loss in place.

Hope it works well for you. You're wild man!

Volatility is how you make money. It's the reason when NVDA dipped $10 today I didn't sell my FEB options. I bought more. lol

True! Dropping that kinda money on one stock is scary shit though

 

[Dukestaco]

Nothing but that is a ton of risk for something that just recently has had a ton of volatility

It is and they have. The chatter is 50 to 60 after usps contract.

 

[AssBurns]

It is and they have. The chatter is 50 to 60 after usps contract.

Well then that would be a pretty penny if it happens. I wish I had the balls to do something like that.

 

[theesotericone]

True! Dropping that kinda money on one stock is scary shit though

No Guts No Glory
To the Victor go the Spoils.

It is and they have. The chatter is 50 to 60 after usps contract.

When the USPS pushed the agreement back WKHS dropped 25%. I'd expect that as a return. No way it surges 100%. I mean, I hope it does but I'd be stoked with 50%. That's why you should be selling covered calls. lol

 

[Dukestaco]

Hope it works well for you. You're wild man!

True! Dropping that kinda money on one stock is scary shit though

Scared money doesn’t win. Lol. I appreciate the concern. When I had a 5 and a 10 yer old depending on me I didn’t invest like this. Kids are grown and self sufficient. Different stages of life. You’ll do the same when you get here. You didn’t get to where you are today but sitting on the sidelines you are a go getter so you will take the risk when everything else is taken care of.

 

[madtaco461]

It is and they have. The chatter is 50 to 60 after usps contract.

Easy 100k if that works. wild

 

[Dukestaco]

No Guts No Glory
To the Victor go the Spoils.




When the USPS pushed the agreement back WKHS dropped 25%. I'd expect that as a return. No way it surges 100%. I mean, I hope it does but I'd be stoked with 50%. That's why you should be selling covered calls. lol

You are the call/put shot caller. What do you recommend.

 

[Dukestaco]

Easy 100k if that works. wild

I had 150 shares of Tesla at $400. I sold it at $515. I am a fucking idiot. Tesla is $851 projected at $1000. I don’t understand that at all. My father in-law has turned 25k into 100k and holding in 1 year. That’s wild.

 

[theesotericone]

You are the call/put shot caller. What do you recommend.

Depends on how long you want to hold and how sure you are of them doubling.