If I could give advice to someone in their teens or 20s, I'd suggest they invest $100 (or affordable amount) into every popular IPO & hold for...
1-You used "idiot/idiots" more than 10 times within the 1st 3 days you were here. We were all idiots to you before you even started here.
Looks like you think everyone, except you, is an idiot.
You've used "idiot" 35 times since Oct. 13th.
If mother Russia is a country of...
So if I'm reading this correctly, your strategy is good for 1%.
The 8-14% is based upon the annual return of the S&P and not from your strategy?...
Lived in Colorado for 12 years. :thumbsup: Hope to get back there someday.
All states you listed are pretty good IMO. Utah is beautiful in spots....
Doing a little research on hedge funds (CTAs/managed futures) might get you a little invested for now while you're still a lawyer. Seeing how...
Jan. 2021 Call Spread 12/15 x 2
Buy 12 @ 4.26
Sell 15 @ 2.06
Cost = 2.20 x 2 = 4.40
Profit = .80 x 2 = 1.60
1.60/4.40 = 36.4%...
15.00 + 2.06 = 17.06 (sales proceeds + call proceeds)(if price closes above 15)
17.06 - 15.85 = 1.21 (profit if closes above 15)
Can use google search if just looking up a few.
SPY current price 307.
Nov. 29 307/302 P. spread......cost $120
If close below 302 by Nov. 29.........profit $380
Tom's suggestion to sell the 3025 Put for 33 moves the break-even to 3055 if the P expires worthless.
Trader can continue to sell puts against the...
He's referring to 10, 20 dollar ES losses. Not actual $$ losses.
10 dollars ES = $500
Tom's response IS a suggestion about how to "option his way out of this loss".
Go with commission-free broker.
The chart you're looking at is a line chart (1 min.) so the line is showing the "close" price.
If you look at a bar or candle chart, you'll see...
Well, if a $10 loss on a $1,000 account is a "huge risk" then you've got some serious trading issues to figure out.
***I'll exit this...
I find this story pretty "funny".
This company (WeWork) was about to go public in an IPO (valued at $40-60 billion just a few months ago).
Separate names with a comma.