Stocks/Investing

kasnerd

never a mile from a good burrito
Joined
Aug 15, 2019
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Inland Armpit, SoCal
#41
it's all the over the place. mad money. trying to analyze is nuts because some Orange tinted boob in DC opens his yap and fucks up a whole sector for no good reason. its maddening. trying to short is probably the best chance for higher returns at the moment but it's hairy and I'm not that desperate...yet.
ill clarify about orange boob, it's the fucking pantywaisted traders who bitch out on the slightest bit of bad news. it's the Cheeto I'm mad at because he knows this but his personal agenda is more important.
 

theesotericone

Build It Beat It Break It. Repeat
Fredo Baggins
Joined
Oct 3, 2018
Messages
2,898
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Bishop, CA
#42
it's all the over the place. mad money. trying to analyze is nuts because some Orange tinted boob in DC opens his yap and fucks up a whole sector for no good reason. its maddening. trying to short is probably the best chance for higher returns at the moment but it's hairy and I'm not that desperate...yet.
Yep. It's the same thing on the stock and options side. The swings are fucking wild. The crazy part is the VIX has stayed relatively stable the last 4 weeks. Once I sell this round of options I'm seriously considering doing a two month option on VXX(tracks VIX). There's got to be some news that increases volatility with the next two months. Or I'll just keep optioning NVDA on the swings.
 

kasnerd

never a mile from a good burrito
Joined
Aug 15, 2019
Messages
3,295
Location
Inland Armpit, SoCal
#43
Yep. It's the same thing on the stock and options side. The swings are fucking wild. The crazy part is the VIX has stayed relatively stable the last 4 weeks. Once I sell this round of options I'm seriously considering doing a two month option on VXX(tracks VIX). There's got to be some news that increases volatility with the next two months. Or I'll just keep optioning NVDA on the swings.
a few friends have been raping and pillaging on vix, I'm still in shock how high it went.... repeatedly. the algos are killin it right now.
 

kasnerd

never a mile from a good burrito
Joined
Aug 15, 2019
Messages
3,295
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Inland Armpit, SoCal
#44
there's no long term anything anymore. it's all short and riding volume. the markets are so fickle, even stock darlings are at risk. nvda can't stay there forever.
 

theesotericone

Build It Beat It Break It. Repeat
Fredo Baggins
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#45
there's no long term anything anymore. it's all short and riding volume. the markets are so fickle, even stock darlings are at risk. nvda can't stay there forever.
For sure. NVDA has stayed there long enough for me to make some coin on though. I'm holding a bunch of June 290 calls right now. If things go right they'll break resistance leading up to earnings. Then they'll crush earnings. As long as their guidance isn't to fucked I'll be all set to profit.
 

kasnerd

never a mile from a good burrito
Joined
Aug 15, 2019
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Inland Armpit, SoCal
#46
For sure. NVDA has stayed there long enough for me to make some coin on though. I'm holding a bunch of June 290 calls right now. If things go right they'll break resistance leading up to earnings. Then they'll crush earnings. As long as their guidance isn't to fucked I'll be all set to profit.
yea, gonna be a long hot month for you. hopefully no immediate 2nd wave covid downturn. friend has been holding a bunch of their stock for 10 years now. I've watched him age 15 years. lol
 

theesotericone

Build It Beat It Break It. Repeat
Fredo Baggins
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#48
yea, gonna be a long hot month for you. hopefully no immediate 2nd wave covid downturn. friend has been holding a bunch of their stock for 10 years now. I've watched him age 15 years. lol
The nest 3 weeks will be important. They have a keynote on the 14th to most likely release a new server side GPU. They release earnings after market close on the 22nd.

I've been long NVDA for 5 years. On the stock side it's returned 186%(unrealized) as of today. On the options side it's also treated me very well. I follow them closely and have only been burned once on an option play. Four years ago they crushed earnings but gave shit guidance. That tanked them 2 days before my option expired worthless. Since then I've started making sure there's at least 30 trading days left on my options expiry after they release earnings. It was a good, albeit expensive, lesson. lol
 

kasnerd

never a mile from a good burrito
Joined
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#49
The nest 3 weeks will be important. They have a keynote on the 14th to most likely release a new server side GPU. They release earnings after market close on the 22nd.

I've been long NVDA for 5 years. On the stock side it's returned 186%(unrealized) as of today. On the options side it's also treated me very well. I follow them closely and have only been burned once on an option play. Four years ago they crushed earnings but gave shit guidance. That tanked them 2 days before my option expired worthless. Since then I've started making sure there's at least 30 trading days left on my options expiry after they release earnings. It was a good, albeit expensive, lesson. lol
That's the way to do it. Know your stocks inside and out. good job!
 

Dukestaco

Stirring the pot 24/7
Joined
Oct 3, 2018
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5,143
Location
Tucson
#52
The nest 3 weeks will be important. They have a keynote on the 14th to most likely release a new server side GPU. They release earnings after market close on the 22nd.

I've been long NVDA for 5 years. On the stock side it's returned 186%(unrealized) as of today. On the options side it's also treated me very well. I follow them closely and have only been burned once on an option play. Four years ago they crushed earnings but gave shit guidance. That tanked them 2 days before my option expired worthless. Since then I've started making sure there's at least 30 trading days left on my options expiry after they release earnings. It was a good, albeit expensive, lesson. lol
Wow. I just took a look at NVDA impressive 5 year run. I’ve been bouncing in and out for the last few weeks. Not a day trader more of a week trader. I know I am giving the feds 30% every time but I consider that the price of doing business. My 401k is long term this is controlled gambling
 

theesotericone

Build It Beat It Break It. Repeat
Fredo Baggins
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#53
Wow. I just took a look at NVDA impressive 5 year run. I’ve been bouncing in and out for the last few weeks. Not a day trader more of a week trader. I know I am giving the feds 30% every time but I consider that the price of doing business. My 401k is long term this is controlled gambling
You need to get into a lower tax bracket. I'll only owe 22% for my short term gains. And it is absolutely the price you pay to make money in the market.

I've got 2 accounts I manage. My IRA and my individual. I have a traditional IRA so I won't pay anything on that till I retire. So far this year I'm up 186% in it. A lot of that thanks to NVDA.

My individual account it what I'll owe on. I'm up 13k on my original 14k invested. All of that is short tern. So Uncle Sam will be taking an additional 3K from me as of right now. That still leaves me with 10K more then I started with.

This house of cards will come tumbling down sooner rather then later. In the meantime I'm doing the same as you. Holding for anywhere from a day to 5 days max. I'm also keeping 50% cash in my individual account and never putting more then 25% on any single stock or option. My plan is to limit my loss when the shit does hit the fan.

If you have the time to do some research look at LIACF. They are a lithium mining company. They trade OTC. I got 1500 shares at .75. They are currently trading at $1.73. I think they have a lot more upside if their mine results are true. After looking at projected lithium demand and comparing that to how much lithium they have in the ground, provided their 28 test holes are accurate, I decided to keep them long term. I'll be adding to my positions.

My hope is that they get traded in the NYSE within the next 6 months. They are above the requirements for the NASDAQ and very close to the requirements NYSE. If they get listed on the major exchanges the exposure will make the price surge even higher. Lots of variables but I really believe they could turn into a very profitable play.
 

Dukestaco

Stirring the pot 24/7
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Tucson
#54
You need to get into a lower tax bracket. I'll only owe 22% for my short term gains. And it is absolutely the price you pay to make money in the market.

I've got 2 accounts I manage. My IRA and my individual. I have a traditional IRA so I won't pay anything on that till I retire. So far this year I'm up 186% in it. A lot of that thanks to NVDA.

My individual account it what I'll owe on. I'm up 13k on my original 14k invested. All of that is short tern. So Uncle Sam will be taking an additional 3K from me as of right now. That still leaves me with 10K more then I started with.

This house of cards will come tumbling down sooner rather then later. In the meantime I'm doing the same as you. Holding for anywhere from a day to 5 days max. I'm also keeping 50% cash in my individual account and never putting more then 25% on any single stock or option. My plan is to limit my loss when the shit does hit the fan.

If you have the time to do some research look at LIACF. They are a lithium mining company. They trade OTC. I got 1500 shares at .75. They are currently trading at $1.73. I think they have a lot more upside if their mine results are true. After looking at projected lithium demand and comparing that to how much lithium they have in the ground, provided their 28 test holes are accurate, I decided to keep them long term. I'll be adding to my positions.

My hope is that they get traded in the NYSE within the next 6 months. They are above the requirements for the NASDAQ and very close to the requirements NYSE. If they get listed on the major exchanges the exposure will make the price surge even higher. Lots of variables but I really believe they could turn into a very profitable play.[/QUOTE

I love cheek them out in a few. Couple of hours of reading I am sure. I have 40k to ply with at the moment so definitely interested in a stock that has yet to hit the grand stage.
 

theesotericone

Build It Beat It Break It. Repeat
Fredo Baggins
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#55
With 40k in free cash I'd be making some plays for sure. I'm tempted to tell you to do buy/writes on NVDA. Simple strategy of buying 100 shares and at the same time writing a covered call on those shares. You can set the strike higher and the further out in time you go the larger the option premium you receive.

For simplicity let's say NVDA is trading at $420 a share.

You pick up 100 shares for 42k.
You write a covered call for AUG 21st $440 at a premium of $19.70.
Options deal in 100 shares contracts so it's $19.70 x 100. That nets you $1970.

So you are out a total of $40030.

No matter what happens you keep that $1970 premium.

If NVDA is below the $440 strike on expiry you also keep the shares.
Now you just keep selling covered calls weekly until they get assigned. Then repeat the starting process.

If it's above the $440 strike you will be assigned and those shares will be sold at $440.
That's 2K more profit.
You can loose potential profit by doing this but this method locks in a set profit.

Let's say Nvda is trading at $450. You still have to sell at $440. Your break even on this trade is the premium + the strike price.

$19.70 + $440 = $459.70

If NVDA is trading above that on expiry that difference is what you lost in potential profit had you just held the shares and sold. It can, and does, happen but it's a chance that I'm willing to take to lock in profit at a fixed rate.

The ideal outcome is the shares close below strike and you keep them.
The OK outcome is NVDA closes below $459.70 at expiry and you are assigned on the call.
The worse outcome is it closes higher then $459.70 and you loose out on that potential profit.

If the worse outcome happens you can always roll that call out and up. That's a lesson for another day. lol
 
Last edited:
Joined
Dec 21, 2018
Messages
690
Location
West Phoenix
#56
I've been in Redoxtradesllc.com for a couple months.
Seems to good to be true but the pay out is big compared to regular stocks etc.
You buy in with the scary Bit Coin then you're guaranteed a percentage a day.
Doesn't matter how much BC changes.
In just over 2 months I added $6K of my own money and have made around $7500. I started small with $500 for 2 weeks. Then increased the amount, went to a higher percentage, and make more.
Currently my invested balance is at $10,829 and last weeks profits are at $1407. On money I can eitehr withdraw that $1407 or roll in into my balance which is what I;ll do.
Once I'm at $20K invested I'll be making $17,200 every 4 weeks.
If you were to start with $20K, and rolled daily profits into your balance, at week 40 you be around $48 MILLION.

The friend that got me into has been in for 5'ish months with no issues. He is keeping his investment at $10K. He takes his $1300'ish profit weekly. His mentor has half a mill in which comes out to $20K'ish a day.

I know, sounds too good to be true.
Check out the site and scroll down to the different plans.
 

theesotericone

Build It Beat It Break It. Repeat
Fredo Baggins
Joined
Oct 3, 2018
Messages
2,898
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#58
I've been in Redoxtradesllc.com for a couple months.
Seems to good to be true but the pay out is big compared to regular stocks etc.
You buy in with the scary Bit Coin then you're guaranteed a percentage a day.
Doesn't matter how much BC changes.
In just over 2 months I added $6K of my own money and have made around $7500. I started small with $500 for 2 weeks. Then increased the amount, went to a higher percentage, and make more.
Currently my invested balance is at $10,829 and last weeks profits are at $1407. On money I can eitehr withdraw that $1407 or roll in into my balance which is what I;ll do.
Once I'm at $20K invested I'll be making $17,200 every 4 weeks.
If you were to start with $20K, and rolled daily profits into your balance, at week 40 you be around $48 MILLION.

The friend that got me into has been in for 5'ish months with no issues. He is keeping his investment at $10K. He takes his $1300'ish profit weekly. His mentor has half a mill in which comes out to $20K'ish a day.

I know, sounds too good to be true.
Check out the site and scroll down to the different plans.
Until I actually have time to really research this I won't say it's a Ponzi scheme but it sure sounds like a Ponzi scheme. What regulatory agency protects your deposits?

Edit: Had a few minutes to research

https://scamwarning.xyz/redox-trades-review-redoxtradesllc-com-atrocious-scam/

https://binarytoday.com/redox-trade-review-a-promising-platform-or-disappointing-scam/

https://www.forexbrokerz.com/brokers/redoxtrade-review
 
Joined
Dec 21, 2018
Messages
690
Location
West Phoenix
#59
It's the definition of a ponzi.
However I can't find anything bad about this company online.
They claim you're insured up to $100K by, I think, the Canadian equivalent of the FDIC.
By 8/21/20 I'll be just over $20K invested. 4 weeks from then I'll earn and withdraw over $17K .

You can also chat with them anytime if you have questions.

I have a procedure written on how to buy into it if anyone wants to read it.
 

Dukestaco

Stirring the pot 24/7
Joined
Oct 3, 2018
Messages
5,143
Location
Tucson
#60
It's the definition of a ponzi.
However I can't find anything bad about this company online.
They claim you're insured up to $100K by, I think, the Canadian equivalent of the FDIC.
By 8/21/20 I'll be just over $20K invested. 4 weeks from then I'll earn and withdraw over $17K .

You can also chat with them anytime if you have questions.

I have a procedure written on how to buy into it if anyone wants to read it.
Send it to me.
The key to a Ponzi or pyramid is to not get left holding the bag when the music stops. I’ve participated in a few and leave early before the music stops.
 
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