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Talking stocks, trading, and investing in general

Piobaire

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Piobaire

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Theta is your time decay on an option, so if you sell an option (vs. buying it,) theta is your friend. If all goes according to plan you just watch all the extrinsic value decay, then on expiration date, hopefully the intrinsic value is also $0, and you keep all the tendies. Things like iron condors are pure theta plays.
 

Piobaire

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Oh, had 1k left, so opened up a couple of 7/16 ICs on ETSY.
 

brokencycle

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Theta is your time decay on an option, so if you sell an option (vs. buying it,) theta is your friend. If all goes according to plan you just watch all the extrinsic value decay, then on expiration date, hopefully the intrinsic value is also $0, and you keep all the tendies. Things like iron condors are pure theta plays.
I'm pretty sure theta is azimuth angle in spherical coordinates
 

Piobaire

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Hmm, a little WSB but not that bad...going to sell a dozen CSPs on WKHS for Friday ATM.

YOLO!!


🚀🚀🚀🚀🚀🚀

(It will also tie up the last of my play money until Friday. :( )
Just BTC at 50% max profit. Nice ROC for two days.
 

jbarwick

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So my Big L from earlier this month is now break even. Bought into GOED at $2.60 and cashed out half at $3.95. Have a stop loss in this one now and letting it run a little bit.

I was holding some ASAN in the $32 range. It dipped hard into the $20s and even earnings didn't help much. I only had $1K in it and cashed out at break even to move onto other things. Damned thing is now at $60 though I would never have held that high...
I keep quoting myself but an update. Purchased at $2.60, sold half at $3.95 and still holding second half. Seems to be getting picked up by the day traders so debating on what to do. Up 60% on the second portion. May break this last portion into 2 pieces, sell a little soon then let the rest ride.
 

Texasmade

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I keep quoting myself but an update. Purchased at $2.60, sold half at $3.95 and still holding second half. Seems to be getting picked up by the day traders so debating on what to do. Up 60% on the second portion. May break this last portion into 2 pieces, sell a little soon then let the rest ride.
Whatever happened to diamond hands?
 

Piobaire

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Hmm, speaking of paper hands, looking like I left some money on the table with WKHS. That's okay, as I'd rather have 50% max profit vs. holding those bags.
 

Omega Male

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Screen Shot 2021-06-24 at 5.32.47 PM.png

Two wonderful words. Divi recaps. 🤑
 

Piobaire

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Remember that little spread play I posted on SPCE a few weeks ago that was good for nearly 40k? Well, looks like SPCE is in WSB play today. Probably too late to buy in if you haven't but 🚀 🚀 🚀 🚀 🚀

ETA: not just WSB. Looks like they got FAA approval for space tourism.
 
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jbarwick

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Bought a ITM Call to see what this is all about. Likely a $200 education on what the hell I just did.
 

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