Surly #Stonks

[ATexanAbroad 627]

I feel like I’m taking crazy pills!!!! 
 

I sold Jan 23 $40 calls against my position which has a CB of $21 and they gave me 19.50 per contract. 
 

that’s 2k per contract for a 2x return in a year. What is going on.

[HoustonHorn 1061]

Why is UUUU killing my AMY buzz?

[Blotto 23434]

53 minutes ago, ATexanAbroad said:

I feel like I’m taking crazy pills!!!! 
 

I sold Jan 23 $40 calls against my position which has a CB of $21 and they gave me 19.50 per contract. 
 

that’s 2k per contract for a 2x return in a year. What is going on.

We supposed to guess the ticker? 

[ATexanAbroad 627]

51 minutes ago, Blotto said:

We supposed to guess the ticker? 

UUUU duh loser 

 

but I was also 5 caipirinhas deep in Brazil on the beach and realized I sold puts  so whoops

Edited January 18, 2022 by ATexanAbroad

[Coelenterate Fuccboi 13010]

ImmunityBio Announces Results of Phase 2 Metastatic Pancreatic Cancer Trial at ASCO GI With Median Overall Survival of 6.3 Months in Patients With Third-Line Disease, More Than Doubling Historical Survival
https://finance.yahoo.com/news/immunitybio-announces-results-phase-2-230000058.html

Edited January 18, 2022 by Coelenterate Fuccboi

[TonyTexas 10482]

21 minutes ago, ATexanAbroad said:

UUUU duh loser 

 

but I was also 5 caipirinhas deep in Brazil on the beach and realized I sold puts  so whoops

You can expect a call tomorrow from your broker asking for some money. 

[KYHorn 16865]

3 minutes ago, Coelenterate Fuccboi said:

ImmunityBio Announces Results of Phase 2 Metastatic Pancreatic Cancer Trial at ASCO GI With Median Overall Survival of 6.3 Months in Patients With Third-Line Disease, More Than Doubling Historical Survival
https://finance.yahoo.com/news/immunitybio-announces-results-phase-2-230000058.html

Sounds like encouraging news, so maybe 10% drop at open?

[Coelenterate Fuccboi 13010]

46 minutes ago, KYHorn said:

Sounds like encouraging news, so maybe 10% drop at open?

I’m tired of you negative assholes. It’s going to drop at least 20%.

[Brew 3047]

12 hours ago, crony said:

Activision going nuts. MSFT says straight cash homie.

 

https://www.marketwatch.com/story/microsoft-to-acquire-activision-blizzard-in-all-cash-deal-valued-at-687-billion-2022-01-18

First good buy I’ve made in a while. Had a client call me with a couple of recommendations and they thought it was trading at 50% of it’s real value a couple months ago. It has made up for some Stonks that haven’t been all that great to me.

[Redneck Mutha 7935]

2 hours ago, TonyTexas said:

You can expect a call tomorrow from your broker asking for some money. 

[Wally Fairway 5524]

17 hours ago, Coelenterate Fuccboi said:

I’m tired of you negative assholes. It’s going to drop at least 20%.

But with the benefit of compounding, and it works in reverse too, after straight 50 days of losing 1%\day you are only down 39.5%

[TonyTexas 10482]

4 minutes ago, Wally Fairway said:

But with the benefit of compounding, and it works in reverse too, after straight 50 days of losing 1%\day you are only down 39.5%

And then it has to go up 66% to get back to even. 

[Cheeseweasel 26437]

Fuck y'alls depressing math

[BurdineBandit 811]

Yep, I haven't moved out of IBRX and I'm embarrassed to say how little this "run up" has cut into my deficit.

[Wally Fairway 5524]

1 hour ago, TonyTexas said:

And then it has to go up 66% to get back to even. 

But that is only about 20 days of going up 2.5%; I mean we've all seen the market go up faster than it goes down. If you ignore the start of the Covid market crash

[Cheeseweasel 26437]

More TINA, FOMO, and BURRRT. Less shitty depressing math.

[Redneck Mutha 7935]

It was my understanding that stonks only go up? 

[Blotto 23434]

I stumbled across this post on WSB last night discussing a silver miner, and a large number of open interest on leaps expiring this week.

https://www.reddit.com/r/wallstreetbets/comments/s6yx2m/gamma_squeeze_of_the_century_on_last_years_leaps/

TLDR this guy speculated you could see a run up on AG this week. Likely bullshit speculation, but its not like the rest of my gamble portfolio is killing it these days, so I put a buy in for 50 $11 calls expiring friday at $.06 just as a "fuck it" gamble.  I was tied up on calls all morning and when I checked I noticed that AG did in fact spike up today, but my order didnt fill because my stingy ass set my limit order at yesterdays close. Had I set my limit at $.07-08 it would have likely filled. Those fuckers are now in the mid $.50's

Anyway, mid morning I did buy a chunk of $12.5 calls for $.08, and they are sitting at $.16 now. There has been a 5% jump in SLV the last two days which is a pretty big move for that ETF, so a continuation of that trend tomorrow wouldnt be the worst thing for me. Brutal fucking week otherwise. 

[Wally Fairway 5524]

18 hours ago, Blotto said:

I stumbled across this post on WSB last night discussing a silver miner, and a large number of open interest on leaps expiring this week.

https://www.reddit.com/r/wallstreetbets/comments/s6yx2m/gamma_squeeze_of_the_century_on_last_years_leaps/

TLDR this guy speculated you could see a run up on AG this week. Likely bullshit speculation, but its not like the rest of my gamble portfolio is killing it these days, so I put a buy in for 50 $11 calls expiring friday at $.06 just as a "fuck it" gamble.  I was tied up on calls all morning and when I checked I noticed that AG did in fact spike up today, but my order didnt fill because my stingy ass set my limit order at yesterdays close. Had I set my limit at $.07-08 it would have likely filled. Those fuckers are now in the mid $.50's

Anyway, mid morning I did buy a chunk of $12.5 calls for $.08, and they are sitting at $.16 now. There has been a 5% jump in SLV the last two days which is a pretty big move for that ETF, so a continuation of that trend tomorrow wouldnt be the worst thing for me. Brutal fucking week otherwise. 

Looks like there was a squeeze almost exactly a year ago. Hope you get a good ride on this one.

[Blotto 23434]

49 minutes ago, Wally Fairway said:

Looks like there was a squeeze almost exactly a year ago. Hope you get a good ride on this one.

theta and lower volatility is having its way with me. back to my buyin price. may bail if things dont pick up soon. The play was clearly to get in at the market open yesterday

[Wally Fairway 5524]

4 hours ago, Blotto said:

theta and lower volatility is having its way with me. back to my buyin price. may bail if things dont pick up soon. The play was clearly to get in at the market open yesterday

This is the way

[ZB'Tejas 593]

RIP $UUUU Calls.

[Anastasis 23394]

Everything about this market right now can fuck right off. 

[Cheeseweasel 26437]

9 minutes ago, Anastasis said:

Everything about this market right now can fuck right off. 

This right here.

[CooterBrown 17913]

1 hour ago, ZB'Tejas said:

RIP $UUUU Calls.

UUUU can get fucked.

I'm about to just take the loss write off and move the money into my SP500 index fund.

[Hank_Hill 18493]

Lulz, the entire market is moving the exact same way today. But I mean yea good times to buy S&P

[ATexanAbroad 627]

I enjoy getting pegged….not by the market tho

[HoustonHorn 1061]

Amy and UUUU taking it on the shorts again. Would love this to turn around soon.

[Wally Fairway 5524]

I pretty much hedged my core portfolio on Friday, but my stonks are making Slim Pickens proud {#youknowthegif)

 

 

Edited January 24, 2022 by Wally Fairway

[victory88 5659]

Hold on to your nutsacks boys... we're in for a bumpy ride

[Harrison Stafford 3327]

An investor's job is not to avoid the pain, but endure it.  Here's to better days. 

[KYHorn 16865]

Wild ride for IBRX and LTMCF today. Tried to buy the dip but couldn't move money in quick enough.

[ATexanAbroad 627]

picked up the big boys yesterday towards the bottom, AAPL, BA, GOOG, FB, WFC, XOM and made 2.5-3% on all of them by close. what a day.

[Wally Fairway 5524]

2 hours ago, ATexanAbroad said:

picked up the big boys yesterday towards the bottom, AAPL, BA, GOOG, FB, WFC, XOM and made 2.5-3% on all of them by close. what a day.

They are on sales again today!

Buy the dip 😁

[The Royal We 3065]

[ZB'Tejas 593]

$UUUU still taking a beating. Make it stop

[Viper 12030]

15 minutes ago, ZB'Tejas said:

$UUUU still taking a beating. Make it stop

Is it just UUUU or all uranium?

[Blotto 23434]

10 minutes ago, Viper said:

Is it just UUUU or all uranium?

Its pretty much the entire sector. If you chart UUU vs the Uranium ETF (URA), they track along with each other pretty well

 

[Hefeweizen 5307]

Uranium going straight up uranus.

I'm dollar cost averaging it now.

 

IBRX is the gaping wound I can't close...

[ATexanAbroad 627]

I have been using the bum gun down here in Brazil preparing for another pegging this week. What yall think?

[Cheeseweasel 26437]

8 minutes ago, ATexanAbroad said:

I have been using the bum gun down here in Brazil preparing for another pegging this week. What yall think?

Eat more Picanha and forget about what is going on.

[ATexanAbroad 627]

2 minutes ago, Cheeseweasel said:

Eat more Picanha and forget about what is going on.

yea but I really want to buy the dip before it dips some more

[CooterBrown 17913]

15 minutes ago, ATexanAbroad said:

yea but I really want to buy the dip before it dips some more

UUUU calls are basically free at this point. 

[Fudge Nuggets 19151]

1 hour ago, ATexanAbroad said:

yea but I really want to buy the dip before it dips some more

That sounds stupid.

[Redneck Mutha 7935]

49 minutes ago, Fudge Nuggets said:

That sounds stupid.

Not if you make up for it in volume. 

[Cheeseweasel 26437]

1 minute ago, Redneck Mutha said:

Not if you make up for it in volume. 

Can't lose money in the market if the market has taken all of your money.

 

[Wally Fairway 5524]

1 hour ago, Cheeseweasel said:

Can't lose money in the market if the market has taken all of your money.

Cheeseweasel to the white phone, for a margin call.
Cheeseweasel to the margin call

[Cheeseweasel 26437]

Just now, Wally Fairway said:

Cheeseweasel to the white phone, for a margin call.
Cheeseweasel to the margin call

[Wally Fairway 5524]

more like

 

[ATexanAbroad 627]

5 hours ago, Fudge Nuggets said:

That sounds stupid.

Well I wrote PayPal aapl and other ours last week that are show me the money good so no pegging today