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Talking stocks, trading, and investing in general

jbarwick

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javyn

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I mean if they are slapping the RadioShack name on a generic website, it could draw some attention. My last memories of a RadioShack were went they went to basically a cell phone store...
They were better as a make your own phone store.

Maybe they can play on nostalgia like everyone else is and start selling Tandy t-shirts or something.
 

Piobaire

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When I was in about grade three I was given a crystal radio build kit from there for an Xmas gift. Coolest thing ever and I lie in bed listening to the CBC on the ear piece at night.
 

brokencycle

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My NFT is making and selling its own NFTs. If you buy one, yours will also do the same, but I require a 10% cut of anything your NFT sells.
 

double00

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the suez thing is really making me consider the value of cheap money
 

Omega Male

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And I fear this may be a short-term negative for tendie sales?

 

Piobaire

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Acktually...it's more the low VIX that's the problem. Tendies are best made when the VIX is high.
 

jbarwick

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Finally got into RBLX and added to a couple of longer term single stocks. In total only 5% of portfolio.
 

Piobaire

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Thinking of my last post I thought I'd say what I'm trying to do making the tendies but want to preface this with saying I know there are high level finance guys here way more versed in this stuff than me. I'm keeping it simple at the moment but will expand into other trading strategies over the next few months, i.e. iron condors, etc.

My basic play is selling low delta options and making my money off theta. As we all know every option ends with up with zero theta so I'm making my tendies off the decaying value of time. As the extrinsic value of options tends to be higher with increased volatility there's more money to be made selling the time value.

Hope that makes sense.
 

nootje

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I’ve been there. Once day traded Euro style day options. They where an anomaly in that they expired in a day. It was an easy play to set up iron condors, or leave them open and cover them with futures if the market ran through them.

Be mindful that you’re now operating in a market where volatility is currently decaying. At that point it’s as easy as it gets, but volatility usually returns with a bang without warning, then one rushed wrong move can cost a lot. The other thing to keep in mind is that transaction costs can eat up quite a bit of your profit over time, depending on your broker. My experience is however dated, this was over a decade ago.

Fwiw, I will not get into it again. I prefer stock picking and leaving it at that. I’m spending way too much time behind a screen already to want to to this regularly again.
 

Piobaire

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I'm just messing around with an insignificant amount of money but having fun doing it. Just today I moved more money out of my cash reserves, now that I have a paycheque again, and bought another tranch of SPY with a 15-20 year hold period planned. I'm never not going to be a buy and hold index guy.

I pay 65 cents a contract with Fidelity so I'm not overly worried about the costs. I understand than in many Euro countries you also have to pay some sort of transaction tax?
 

jbarwick

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My RBLX buy is up 10% today. I wonder at what point Vanguard would flag the account for PDT if I sold today as well? I mean I have over $25K in it which is the usual minimum.
 

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