Thread 60491815

Ready for red days? edition

>Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

>Financial TV Streams:
https://www.newslive.com/american/cnbc.html
https://www.livestreamy.net/bloomberg/

>Charts:
https://www.tradingview.com
https://www.finscreener.com
https://www.koyfin.com/
https://www.portfoliovisualizer.com

>Screeners:
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Options
https://www.optionsplaybook.com/options-introduction/
https://www.optionsprofitcalculator.com
https://optionstrat.com/
https://www.optionistics.com/quotes/option-prices

>Pre-Market and Live data:
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

>Calendars
https://www.marketwatch.com/economy-politics/calendar
https://www.earningswhispers.com/calendar
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

>Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

>Misc:
https://www.financialjuice.com/home
https://tradingeconomics.com/
https://finance.yahoo.com/trending-tickers
https://market24hclock.com/
https://wallmine.com/
https://fintel.io/
https://www.dividendchannel.com/drip-returns-calculator
https://brokerchooser.com/
https://www.chathamfinancial.com/technology/us-market-rates
https://www.mortgagenewsdaily.com/data/building-permits

Previous: >>60490706

I WANNA EAT ANIME PUSSY NO CAP ON GOD

frfr shits bussin

>chinese people can still go to school in the US
>Americans have to pay more for everything

Wow what a deal!!!!!

>>60491815 (OP)
cunny

>>60491827
The Chinese reporting on it is just blah blah blah about how mature and reasonable China is... It might be a good deal

>>60491827
>everything
for subpar chinkshit you mean
also CPI says what

>>60491839
>subpar chinkshit
It's not the 00s anymore, unc. China is an advanced manufacturing economy.

When I started saving up and investing I just put it into VOO
Then my salary increased and I put more and more into it, and it kept going up

Now I realized (with the help of ChatGPT of all things) that I made a mistake, because VOO is seriously tax disadvantaged in my case compared to an EU-domiciled, accumulating (no divvies) version that is UCITS compliant (e.g. VUAA UCITS) which is completely tax free on gains in my case.

I'm now conflicted if I should just pull the bandaid off and sell VOO, which has made a profit and will be a taxable event, so I can buy the proper version going forward.
I don't think I can avoid it. It's better long term.

>>60491851
Figure out the best way to dodge taxes instead.

Buying the GOOG dip early has decreased my net worth by approximately $13...

>>60491827
they also make more than others so its a fair deal

>>60491858
The alternative would be to just let it be and never sell it, and just put money into VUAA UCITS going forward. But at some point I'll have to do it anyway and the longer I wait the more the market goes up and the more taxes I'll have to pay.

>>60491860
That's not a dip, this is a dip.

good thing i bought tesla calls last hour
pay me back for that stupid nvda dump stupid market

>>60491901
Only 55%!

HOLY SHIT GME DILUTED THE BAGGIES ANOTHER $1.75 BILLION

ANOTHER FUCKING STOCK DILUTION JUST RAPED THE STOCK 10%

>>60491901
Thanks, Donald, for pumping my stocks with globalized supply chains.
Also, thanks, Pete, for keeping the Suez open
XOXO

>net down -2,5
but why?

>>60491924
actual genuine "honey it's time for your dick flattening" shit, that gen in unreal. the anon that linked some streamer reading them bible verses was unreal

>>60491846
>gamestop -15%
HAHAHAHHAHA

why the fuck is bbai so low? is there some lawsuit or something

>>60491924
more dip buying opportunities :)

Is it really over?

>>60491726
I wasn't even aware there were warrants, I just held the actual stock for awhile until I saw that they had warrants too and they seemed to be ridiculously underpriced. Guess it was just luck that I found about them when I did (though I wish I found out about them a few weeks earlier when they were 0.05 and not .25)

>>60491924
God I'll never understand those retards

>>60491924
yuck. don't talk like that. let's get married tonight. it's going to be green tomorrow anyways and it's just gonna make you angry again, better you don't see it. go to the airport.

>>60491945
>>60491934
>>60491939
>>60491924
according to the fine print they can buy an additional $250 million if the demand is there
So this was a fucking stock dilution of possibly $2 billion into what is barely a $12 billion market cap

that is a massive rugging

>>60491951
>Microstategy except you get a reverse dividend and it's run by redditors

>>60491745
+1.25%
Very good day, especially since the rest of the market is dumping.

>>60491924
One of my best market insights ever was that I argued against puts in early 2021 because I thought the squozzing could be a medium term cultural phenomenon like occupy wall street.

>>60491964
UNH? Dip bought RHM?
>t did bofa deez things

>>60491970
I don't know if there's any patterns here, but most of my picks went up (didn't post the losers)

>>60491990
post the losers pussy

>>60491990
industrial boy

>>60491993
I'll give you one of them, alibaba has been shitting the bed even when other china stocks went up.

>>60491844
subpar advanced manufactured chinkshit

WTF happened to CTM???????

Guess which is the one (1) container company I own.

>>60492031
oh i had completely forgot that one

I need to 10X my last hundred dollars by the end of the month...or else.

what do?

>>60491937
Who do they think they are, SOXL?

>>60491924
DILUTED.com

>>60492047
just feel the vibe

the modern audience will save $GME.

>>60491924
Isn't that exactly what MSTR is doing? Seems to work for their ponzi so why not GME? Retards keep buying as soon as they see the three letters B T C.

>>60491924
>smgger nggers think I forgot them celebrating gamestop's epic slow motion car crash back to $13
you guys still have your tongue up my ass LMFAO

>>60492089
Please PLEASE post position

>>60492035
Google says that company pays a 45.54% div?! That can't be right...

>>60492101
dick in your mouth

Unitedhealth
yay or nay

>>60492109
jej gme chad BTFOing poor figgers

>>60492106
Depends on container rates
When the Houthis happened they made bank and paid out. Stock went from $8 to like $23.

Now container rates are skyrocketing again because the tariffs on/off thing. Q2 will not be good but Q3 numbers should be excellent.
The stock isn't moving much because people think it's temporary and won't last. I think otherwise.

>>60492035
>let's pick the company denominated in shekels with 2,5% market share in a shipping freight oligopoly with the composite shipping freight index down 25% ttm

>>60492109
Not bad anon not bad at all T B H

>>60492115
YAY

>>60492089
Genuinely how are you still this butthurt over that comment

>>60491901
just say that pause will go until 2026 already

>>60492115
Also there’s a divvy on Monday for what that’s worth

>>60492047
Buy kneepads for $50.

>>60492149
reminding smg when they're wrong and retarded is a tale as old as time

>>60492163
Stocks pump every time there's a pause and dump because a deal was done. Need to keep the deals in suspended animation to infinitely pump the market.

Will gay jerome be better than jerome at saying interest rates are at a good place?

>>60492106
Trading ZIM is like buying scratchers, they fly all over the place and change their dividend constantly too

>>60491954
>deleted
?

Nani

>>60492192
le raycism jooning

>>60491990
PBR chads gather and celebrate divies !

So when the fuck are the stocks gonna dip I wanna make money already

>>60492035
ZIM for the divid win

>>60492031
>WTF happened to CTM???????
line go up

I don't think this is temporary.

It can still be a very profitable company and the line might even go up, while still underperforming its peers and becoming less and less relevant over time.

>>60492106
>Google says that company pays a 45.54% div
HAFN was paying 30%
EC 38%
PBR 30%
but they cut to invest in operations, They will go back to high dividends once the new revenue comes in.

>>60492247
It seems to me like the only FAGMAN (alongside vidya) which would make the world a worse place in a meaningful way if it ceased to exist

Buy ARCX on a pullback smiggers Archer is going to 20

you did buy the high, didn't you anon?

>>60492247
I've been seething over how shit they are, want to massively shrink it but keep missing selling opportunities
Don't give a shit if it pumps right after I sell, whatever I put it into will do better long term

>>60492318
I will buy your bags from you at market open on friday if it's still under 200

>>60492318
I used to hold it for many years but if you own index funds it will be a large chunk of that anyway because of how big it is. I think that's enough exposure for me.

>>60492326
Ideally want to sell at 204 (hit that yesterday but decided to wait for 205 which never came as it crashed), though at this rate I might seethe enough to sell it at whatever

so i'm worried for some reason about this Iran/israel bullshit. i want to hedge with puts. what puts should i buy? just S&P?

>>60492358
Buy oil directly?

>>60492358
SPY short sell.

>>60492358
Besides oil you can also buy crude tanker stocks
FRO or DHT are good

>>60492343
how is 198 for you
>>60492361
>buy oil directly
like that anon who tried to buy lumber futures and bought 31 cubic meters of actual lumber?

>>60492361
ah, yeah. that's the standard war play i suppose
should be good as long as the saudis aren't involved i assume

>>60492373
both of those have already had a pop, fuck
is it actually happening this time lul

>>60492358
Long US def, long alcohol, long copper, long ASML, long consumer defensive, short TLT

Anyone ever test this to see if it's true?

>>60492389
95% of people get liquidated before they really dedicate to this strategy
Only (You) will make it

>>60492387
If you think Iran might close Hormuz (using the tactics they learned while organizing the Houthis) then sure
If you think Iran will never close Hormuz because China needs oil and Iran would never do anything that harms China's interests, then you're in the "nothing ever happens" category.

I'm more of the latter camp. China won't let them do it.

>>60492373
>buy crude tanker stocks
Something is up. I have owned HAFN for some time and there were never any options, now options are available. I suspect big money is betting a war is coming and they getting ready to make a killing on higher oil/tanker rates.

>>60492358
yolo on USO calls

Its kinda crazy that the pedo from a few threads ago actually called what was going to happen. Is wallstreet all peds and coke heads?

1 day scalp lock it in or set limit sell to 160?

i dont think buying calls/puts are for me

>>60492447
im pretty sure his prediction was vague and disjointed enough that it couldn't really have been proven wrong
>geopolitics and it will crab and there will be happenings

>>60492389

Seems accurate.

You did sell today right/smg/? You're not stuck in the bull trap right? Right?

>>60491851
retire to USA when the time comes then sell it while living here

>>60492396
you can still backtest

>>60492477
I slurped more

Can some one qrd? If this happens what does it mean and what will be the effect?
https://news.bgov.com/banking-law/cruz-sells-trump-gop-on-1-1-trillion-cut-to-fed-bank-payments

>>60492494
You know I’m something of a slurper myself

>>60492373
just overpaid for DHT. rare that i move the needle like that, but there's no liquidity right now. a hedge is a hedge though. Would rather lose on it versus my entire long term.

>>60492537
Slurped over here as well

>>60492494
>>60492537
>choosing to be the exit liquidity
Well I guess somebody has to do it. Thank you for your sacrifices anons. You won't be forgotten.

>>60492373
Thoughts on
>STNG
>TNK

>>60492553
I scalp nigger in and out
Click click a couple bucks here a couple there
Click click
Make a wagies wages for the day clicking
Click click

i hope no one rushed to buy that summa thing. probably gonna crash hard and make lots of fresh baggies

>>60492548
Also 4u >>60492553
The thing about buying the dip is it only pays ouy on the way up. It makes no sense on the way down into an indefinite dump. Market makers and their shills conveniently left that part out of the "buy the dip" meme.
>>60492563
Glad to here it's working out.

>>60492566
couldn't figure out how LEL, perhaps for the best Swedeanon

>>60492575
Wish robingoy allowed short selling besides with options I feel if they allow that feature it will make it a lot easier to make money both ways besides trying to gamble on weeklies and 0DTEs, it’s pretty easy to know when something has peaked for a bit so you can only sell and wait for it to cool off instead of selling the top and buying back in when it’s at a better price but I don’t think (((they))) want retail to be able to have that power readily available on that type of app

Either way HOOD to 100 EOY
>SPY retest 6200 soon
>All gonna make it

>>60492575
if you're long term investing, buying dips reduce your average cost basis/lets you have more shares, which means greater total returns. I thought this was just obvious to all dip slurpers. Obviously you don't gain while it's still going down, but if you can slurp all the way down you're doing good, and even if you can't slurp all the way down, as long as you don't panic sell you're still doing great.

>>60492593
You the 0dte Chad?
>SPY retest 6200 soon
If so, weren't you only making daily predictions?

>>60492582
probably. it ended the day down 20% :D

>>60492593
i imagine they don't because you'd get random degenerates managing to be down 1000% that's why they banned box spreads

>SPY retest 6200 soon
beautiful bounce off 600 today looks like ATHs are next up wagmi indeed

>>60491815 (OP)
UOOOOOOHHHHHHHHHH

>>60492605
No I think he had a bad week or 2 haven’t seen him in a bit

Line says it wants to retest 6100 at least and this V was incredible Don really outdid himself just wish I didn’t get margin called in March still recovering from it desu


>>60492623
How would you be able to go -1000% in a day just off of regular short selling the stock?

If he somehow gets j pow to cut even 25 bips this shit is gonna go parabolic

>>60492623
absolutely not! the nukes will be flying and we will see a flash crash to 4k

>>60492671
>nukes will be flying
SPY 900

>>60492450
>sell to 160?
If you are trading tax free just keep buying low and selling higher, repeat. If you are getting taxed longer term holding is better, but if there is big rip then sell and buy low again.

>>60492601
This only works for established companies that have a future. Buying the dip of a failing company that gets delisted then liquidated in bankruptcy cleary is not profitable. There are plenty of other examples where buying the dip isn't profitable for instance buying a plunging ipo that ends up being 90% down and staying there indefinitely only to have risen back up 10% decades later. My point is blindly "buying the dip" when media/shills are shouting to do so isn't always a finacially wise decision.

>>60492679
Think I’m gonna be stuck holding overnight and hoping we get a Green Day in semis tomorrow. Might try and snag a pre market bid if it’s up to dump don’t like holding CRWV more than a few days in a row it’s way too volatile

>>60492684
that's why you only buy the dip on proven long track record companies like MAIN, or on index funds like VOO. I don't think anyone ever suggested by the dip on absolutely anything.

>>60492669
>How would you be able to go -1000% in a day just off of regular short selling the stock?
probably an edge case but you never know with robinhood users t b h

>>60492297
It's this kind of "buy at any price" cancer that is killing the market's ability to price stocks fairly.

401k withdrawals are actually taxed at a different rate than regular capital gains. it's a 20% federal tax rate on all cash withdrawn not just the gains. and there's another 8% for my state and then a 10% penalty because im under 65 for a total effective rate of about 38% on all cash withdrawn.

>>60492762
>then a 10% penalty
There may be options for no penalty if you meet certain hardship conditions, check it out.

what are markets "freaking out" over?
i mean, what could it possibly be that isn't eventually turning into N.E.H.?
alien invasion?

uh henlo mister jerome
i believe you may have pushded the wrong button today
please fix asap post haste
thank you mister no further questions

>>60492728
>I don't think anyone ever suggested by the dip on absolutely anything.
That's where you are wrong. Take a look at any crashed stock that never recovers. Someone bought those bags. Clearly there are buyers on the way down for all companies whether they recover or not.

>>60491815 (OP)
When the fuck will BRK stop fucking dumping

>>60492247
shut-up walter white, just because you stare at your old company's stock ticker all day doesn't make you a financial expert.

>>60492762
>it's a 20% federal tax rate on all cash withdrawn not just the gains.
Close but not quite -- it's just taxed as income. In your case you're in the 20% tax bracket, but if you pulled more out it'd be taxed higher, just as regular income tax.

The reason for this is because the contributions are not taxed at all. So if you earn $100K at your job over however many years and put it into your 401k, the full $100K goes in. But if you put it into a post tax account, you'd only keep ~$80K (or less depending your exact tax bracket).

In the end it's an extremely tax efficient way of handling things, because you're taking money off your taxable income on your highest earning years and shifting it to later years of your life where you will presumably earn $0 and be in the minimum tax bracket.

>>60492854
that makes sense. i quit my job a month ago so it makes sense to wait till next year to withdraw anymore from my 401k if i wanted to minmax it. since next year i won't already have 4+ months of paychecks driving up my income tax bracket. my 401ks are all in 100% S&P so i always thought of them as stocks and therefore capital gains. the income tax bracket was part of the reason that made an early retirement decision so easy.

im going to start shorting companies with indian CEOs

>>60492845
BRK always underperforms during meme markets, it comes with the territory. When everyone else gets wiped out, that's when you're glad that you're holding it instead of some meme garbage. Not really for short term plays.

Life’s good

>>60492870
Highly suggest not drawing from your 401k only as a loan if you absolutely must it’s just not the tradeoff of losing so much to tax plus it gets added to your earned income for the year and they cuck you again

I'm gonna live. I want to be a liver.

>>60492883
So his retirement is nothing to be worried about? Not exactly hard to foresee granted, dude is like 200 yo.

who here is gonna be flying over the LA riots circa 2028 during the olympics in an Archer Midnight eVTOL?

just me?

>>60492909
this is your song: https://www.youtube.com/watch?v=b6yxDGFgDCQ

>>60492913
DOH I was making my joby bird blender with mini guns and incel pilot flying over the riots but I got distracted by pudding.

>>60492921
please continue it sounds glorious.

>i had to go to the webarchive to find the guide to paint the models I have from years ago


id say short games workshop but they make money hand over fist reselling old kits. the pewter fantasy line needs a serious recast and I'd be angrier if they didn't look so good in pewter

yikes

>>60492180

It still hasn't broken 610, and until then I'm not a true believer.

>>60492247

Why do legacy stocks like apple not have a dividend? Seriously it has more cash on hand than most countries.

>>60492911
Not really. His successor might not be quite as good, but he'll follow the same investment philosophy. Greg Abel has worked with Buffett for a long time, so not only does Buffett know Greg well, Greg has also learned from Buffett directly. I'd be more worried about his successor's successor.

Saar do not redeem

>>60492968
I'd laugh, but I've already worked for too many companies that did the software equivalent of this.

>>60491815 (OP)
Put everybody on a 3 day deadline to complete their task, if they do not do their job, they're fired. Apply to everyone. Stock market fixed.

>>60492960
I am sure that greg able is a capable capital allocator as warren would not want his legacy to be squandered. I will say I was not impressed by abel when he was answering questions at the share holder meetings . he was not as gregarious or clever as buffet in answering questions.
I am more concerned about the culture of berkshire . I sincerely think that abel will start paying a divedend. Although that also means berkshire is not going to be the compounding machine it once was. It is not surprising considering its is a trillion dollar company.

Can't stand these annoying selfish job protectors, they're leeches, they know they're leeches and they keep out good workers with arbitrary requirements. Deadline. 3 days. Reasonable. Fire if fail. Simple.

>>60492994
>>60492988
>wants job hiring to be based on merit
Can you cool it with the antisemitism?

>>60492988
>>60492994
I bet you're a lot of fun at parties.

>>60492991
>I sincerely think that abel will start paying a divedend.
Might not be good for Berkshire's long term health, but most investors would actually welcome that and juice up the stock price.

Does anyone have any recommendations for a good career? I’m 31 got a bachelor degree in business administration but no management job just soulless work and want a cool job with big pay increase are digital marketing or business analytics worth doing? Or any suggestions I can do a bootcamp don’t need a masters. So could do a bootcamp in marketing and they give me a job too supposedly. Only reason I don’t do marketing outright is because social media disgusts me but creating content is fun so.

>>60493053
>digital marketing or business analytics worth doing
Any job you can't do physically will be taken over by AI in the next 5-20 years. And by "taken over" I mean "greatly reduced in workforce and highly automated with a handful of people doing it"

>>60493053
Its who you know. There are plenty of jobs for government agencies with benefits and pensions and little work, but you have to know someone. If you are not white and energetic and creative you can form a nonprofit and siphon off some of that money like what was happening for the homeless and illegals. There was billions being handed out. You might start as a volunteer with your local federal government elected official to start making connections.

Question: How much should someone have in cash as like an emergency fund in a savings account?
If you need some kind of baseline to go off of: over the past 12 months (ending may 31) I spent a total of $58,692.92

>>60493097
what's your net worth?

>>60493102
About $720k

>>60493097
generally 3-6 months of expenses if you're not retired

36-60 months of expenses if you are retired, because you want to be able to weather an extended market downturn without selling anything if necessary..

source: it came to me in a dream

>>60493055
it's bad, i think im slurping more tomorrow.

>>60493109
26 months is probably too much?

>>60493053
Its where the money is

>>60493113
yes

>>60493121
I guess I need to wait for another big dip to move that money...
I need to keep at least $50k of cash in one account because it gets me special privileges with my bank. I get my own banking lady I can call on the phone

>>60493097
>emergency fund in a savings account?
It depends on your circumstances. Do you have any fall back plans (like family), can you retire (pension) if needed, what other options do you have like a working husband. Are you talking like you lose your job and never get another one, or your car breaks down and need $4k for engine rebuild? Would you need to join the army as a last ditch effort to keep from being homeless. Do you have any dependants and so on. If you spent $60k in one average year (all expenses) it would be good to have $60k on hand (earning 4% in high yield savings/bonds account) in case you needed it) and you would have a year to figure things out. Think of bridges, ways to trim budget if you needed, what you could sell if needed, to keep afloat until you get back on your feet. Lots of people have no savings and the smallest problem and they are homeless.

>futures
it's literally over isn't it? I was supposed to make it this run.

>>60493136
We're back to where we were on Friday. Nothing's really happened. Flat for the week so far.

The more concerning thing is that SPY just keeps bouncing off 600. Every time it tries to cross it, it ends up back under it again. Resistance there is pretty damn strong.

>>60493144
>Resistance there is pretty damn strong.
It's not resistance. It's instutions, insiders and forieners dumping their bags. Market makers are working double time to keep prices up. Retail, FOMO buyers and passive 401k investors are being used as exit liquidity.

>>60493169
Anon... that's resistance. People selling down to a level is what resistance is.

>>60493132
Well I'm late 30s, no dependents, I have a good job but my field has taken a beating lately so idk how long that will last... So once this job ends, I might have to consider myself "retired".

>>60493105
I'd say 12.5% of your NW is fine. ~ 100k give or take.

>>60493097
My debit account has a shitty minimum of $3,000 to avoid fees and my rent is about $900. I keep about $500 physical cash, $3,500 in my debit and the rest in liquid investments (about $50k)

>>60493181
Yes however those who are dumping could just as easily work with market makers and the media to keep prices rising by not dumping so much. They aren't. They are pooring out their bags.
I can see your point if this were about one companies stock not rising above a certain price as that price is as much as the stock is worth. In this instance we are discussing the entirety of the SP500. 500 stocks are being manipulated to be at a certain price point as a whole and dumped at that point.

>>60493232
>companies
*company's

>>60491844
>he said the thing
China range ban when?

>>60493232
You're acting like resistance is some sort of conspiracy. It's not. Resistance is just areas where selling consistently outpaces buying. The S&P 500 is experiencing textbook resistance at 600.

>>60493238
he's not posting from a chinese ip, he can't legally, they buy vpns for state ops in bulk

>>60492078
Saylor has a foreskin.

Even Jews don’t trust Jews with Bitcoin.

>>60492247
Apple has no competition in its primary market niche. This is a buying opportunity, Tim Apple will course correct

>>60492760
>fairly
The market is pricing things rationally.

Can someone redpill me on Iron Condors ?

>>60493241
You're acting like the SP500 is Bitcoin bouncing off of $100k as cryptards battle over whether a digital beamie baby is worth that much. You're acting as if the SP500 is one stock buyers are trying to determine the value of. What's going on with the SP500 is much more complex than that. Market makers are manipulating the prices of stocks as money comes in from the public as institutions and insiders dump their bags. The SP500 is literally being held up by degenerates huffing hopium and passive inventors that haven't got a clue.

>>60493306
Go study investopedia brainlet.

>>60493332
Okay? No need to be rude I was asking for a QRD jeez

>>60493329
>Market makers are manipulating the prices of stocks as money comes in from the public as institutions and insiders dump their bags. The SP500 is literally being held up by degenerates huffing hopium and passive inventors that haven't got a clue.
Money always has a stronger effect near the source, compared to the poorfags that get it last. It's just the way things are.
Also, passive and retirement investors are basically putting weekly buying pressure into the markets. It's probably one of the safest (albeit boring) ways to grow money longterm.

But like anything else, it works until it doesn't. With world population stagnating, I wouldn't be surprised if we have a lost decade or two in our lifetimes.

>>60493339
The lost decade was followed by the longest bull run and reversion to the mean upwards ever so I think it would be fine. A great opportunity to accumulate.

>>60493334

Asking here...

I really should have sold today or yesterday. Anyways, what's causing the dump?

>>60493306
They're the "nothing ever happens" play of the options world. They can have very good risk/reward ratios if you keep them super tight, but, you have to actually land in the sweet spot for it to profit. Margin requirements are small -- you need the difference between the short and long portions of the position on hand, minus the open credit. This means you can open quite a few of them with very little cash. Pic related is a SPY 6/12 599/600/601/602 condor as of market close today (obviously garbage now with the postmarket movement, just using as an example). Max risk is $17, so if you have $1700 in your account you could sell 100 of these and you'd be covered.

Keep in mind that fees actually start adding up for these because they're 4 contracts per position. At my broker, that's almost $3 in fees right there to buy, and another $3 to sell. Speaking of which, the ideal closure for the position is not to sell but to let yourself be assigned -- but that comes with its own risks, and your broker may not even let you do this if you're swinging a lot of them. Imagine you bought those 100 contracts I mentioned earlier, and it closed with the short put $0.01 in the money -- you'd then buy 10,000 shares of SPY and be $6M in debt to your broker! You could sell it all and get back $5,999,900 of that $6M and only lose $100, but your broker may be understandably upset with you if you try to do that.

A better bet is to sell Iron Condors on indexes like SPX, which settle for cash, not shares. In that case if SPY settled like SPX then you'd just hand $100 over to the holder of the call instead of doing all the rigamarole moving $6M worth of SPY around for no reason.

>>60493360
Forgot to mention, the reason you want to let the ITM parts of the condor execute and not buy to close the position is because even if it's 2 minutes from close you'll still end up paying way more to buy to close than you would lose from execution. In that same scenario where it's $0.01 in the money it might cost $200-$400 just to close the position, despite the intrinsic value only being a $100 loss. Plus, buying to close means a second round of fees.

>>60493306
They're vega-neutral, which means you don't get fucked by volatility if you hold them until expiration. They're targeted at specific prices, too. Eg, if you think WMT is going to be like 90-100 by a specific date, you might target 90-95 on your condor.

You're still short on two legs so keep in mind you can get assigned early

>>60493306
>Can someone redpill me on Iron Condors ?
you are betting on low volatility, price will stay within a certain range, you buy insurance in case price goes above or below what you anticipate. I like volatile stonks with wide price swings. I developed my own strategy called the golden retard where I sell a call and a put on volatile stock with fat premiums and do not care if I get assigned or the stock is called away. I do the retard wheel strategy.

I've bought a game I put 80 hours into that.. I might have to restart. I'm fucking up everything I do in and going to have a retarded ending (at 150 hours) and then have to restart and do it again

>>60493358
Trump running his fat mouth.
No actual trade deals signed.
US government in shambles.
Civil unrest brewing in US.
War in Middle East brewing.
First world nations are losing faith in the US.
Global economic outlook is looking grim.

>>60493401
all to distract from reality.

>>60493401
Futures are down one 1/3rd of one percent, bobo

>>60493410
>this is considered comically red

>>60493410
I never made any statement declaring the markets were dumping. I was just responding to someone asking why futures went down. My post is literally a summary of major business realted news of the past 24 hours.

>DCA
>USD keeps freefalling

Found this on financialjuice. Does anyone have a link to more info on Maehara Ishiba statement?

>>60493432
>>>60493358
>Trump running his fat mouth.
>No actual trade deals signed.
>US government in shambles.
>Civil unrest brewing in US.
>War in Middle East brewing.
>First world nations are losing faith in the US.
>Global economic outlook is looking grim
Could you please point out the “business realted[sic] news of the past 24 hours” in your post, bobo? Orangeman did run his mouth in last 24hrs, but that is always true, hardly news.

>>60493493
All of it you uniformed reading comprehension challenged smooth brain. Go to financialjuice and read through the past 24 hours. Every one of the points I listed can be found there.

What ever happened to the US India trade deal? Trump and the vice were saying that's done. Two weeks ago. It isn't done.

Foreign ETFs with no China or India?

>>60493500
They are liars. No trade deal is done. Not one trade deal with any country is done. Nothing has been finalized. Nothing has been approved. Nothing has been signed. Nothing has changed in the tariff situation besides threats, delays, extensions, meetings, frameworks and agreeing to agree at a yet to be determined date.

>TWO WEEKS
lmao

>>60492955
A dividend used to be offered as a way to incentivize people to buy your shares, obviously no incentive is required for people to buy apple shares.

>>60492109
you know what's funny about this
I know you didn't take any profits
I know exactly how GME baggies are, i used to be one of you retards
wheres that LE MEGA MOASS bro? are the hedgies in the room with us rn? is Cohen about to go through with his 387D chess plan?
tomorromow market open 10 gorillion niggers a share right?
you're a fucking nigger you and all GME baggies, cope and seethe while you get sidelined from making money on anything else for the rest of your life you little macaque nigger
kek

>>60491943
Ben graham hated them for some reason
I am just piling into ford, sirius xm, and unh

Mostly TBIL tho

>>60492533
It means
>bank (((owners))) give out bussiness loans to companies registered in Panama
>loans don't get repaid
>bank goes under
>sorry goy, but your deposit wasn't insured
>no refunds

>>60493503
European infra. It's only gonna go up.

Have all of you guys send Trump your best offer?

>>60493591
Nah. Let that cuck call first.

>>60493591
I been ignoring his calls, tweets, emails and texts.

>>60493534
top kek

Sell SBSW

When china imvades taiwan i will be shorting tsmc

>>60493638
You mean right after everybody sold cause you did it after China invading?

>>60493512
>Nothing has changed in the tariff situation besides threats, delays, extensions, meetings, frameworks and agreeing to agree at a yet to be determined date.
now hold on there
We only have a concept of a framework to agree to disagree
Don't jump the gun on this one. We should take it nice and slow. Nice and slow

>>60493639
Insider jews will hold tsmc because chips used in ai drones would help win against china
For the us it would be nam 2.0 and they would lose then china nationalizes the chip factories

>dax doomping
NEVER invest in yuropoor stocks

>>60491815 (OP)
K

>>60493659
Doesn't TSMC have a self-destruct plan for their factories set by their government in the case of an invasion? Pretty sure I read or heard that somewhere once.

>>60493666
Even they did they are still cooked

>>60493519
We´ve been on the two week Trump deadline since the 2018-2019 government shutdown.

come back to bant white man. we have an obsessive schizophrenic posting there.

>>60493680
Kill the site again and the worthy will recreate sharty/smg/, the best possible synthesis

>>60493680
>>60493684
Contrarian moment pretending to like that shit, if they were good they wouldn’t need to beg for people

Which one of you is this? >>>/pol/507076633

>>60493705
me

>>60493680
No. Those threads have slowly boiled down to four people I really don't like talking amongst each other dominating every thread. What do you hope to achieve by pulling some new people in the /bant/ threads? Red board? All you guys use that for is posting fetish porn.

>>60493705
Unfathomably based

>>60493705
>robinhood
>loss porn
>looks like something made by a reddit soiboi
>hmm.exe
>enter r/wsb
>literally on the front page

>>60493716
sorry i dont follow reddit shit like a fag, i wouldn't know what's on the "front page"

>DONALD TRUMP TO ENACT KEY PARTS OF US-UK TRADE DEAL WITHIN DAYS - FT

SELL THE NEEWWWWWWWWWWWWWWWWWWWWWS

>>60493716
And its a repost lol.

>>60493721
that makes us both , seems that only one uf us can recognize obvious shitty bait from leddit and shitter though

>Trump: willing to extend July 8 deadline for trade talks, but not likely necessary http://reut.rs/43WvHjD

Are Tacos good for you?

>>60493734
You can just wipe the Reddit off before you lel if it really bothers you where screenshots are first posted

>>60493739
What happens if you retards trigger the orange bastard to go extreme and not backout? You ever think you are taunting yourself into a lose, lose situation?

Buying or selling at open is so retarded

AAAAAAAAAAAAAAAAAAAAH

WTFWT

I don't like what I see. Make it stop or else...

Oh good we needed a red day, now i dont have to buy back my cc's

w-why did i wake up to everything crashing? dax down almost 2% and everything else too if not so extremely

>wars
>tariffs
man i miss the biden markets

Is it to late to buy VOYG? I'm too retarded to know what to buy

Buy SBSW

>>60493815
What's this pic supposed to say about futures?

>>60493820
despair

>>60493820
You thought it was a woman (bull), but it was actually a man (bear)

>>60493827
>>60493828
>the tranny of despair

>>60493802
Wait, how are unilaterall tariff rates by letter a deal. Is everything a deal?

at least gold chads keep on winning. for the weekend its probably that or cash

>>60492987
I'm stupid, what would a software version of that look like?

>>60493844
Some wise ass mentioned taco to the Don and now nothing is a deal, but everything is a win

>>60493853
gold has been crabbing for months, the top is in

>>60493877
Gold is crabbing but platinum is mooning. We need it for the hydrogen economy.

kek baggies

>>60493885
never listen to /smg/

>>60493834
she's a literal e-whore her pussy is on google kek

>>60493874
The taco thing is so fucking stupid because it accomplishes nothing other than potentially taunt Trump into putting us all into a lose, lose situation.

>>60493828
you telling me thats a man? lol

>>60493892
I don't watch porn anymore so I wouldn't know. I'll take your word though that she isn't a tranny otherwise I might be bisexual.

>>60493892
how are there such cute girls living in what looks like a garbage dump or abandoned house. crazy to think that someone is probably renting her this. landlords really have it easy

>>60493890
I looked at their website and they´re selling construction machinery, then there´s some gimmicky marketing talk about drones and AI... KEK BAGGIES

Literally all you had to do was buy TEM at 35 after Nancy Pelosi bought it.

>>60493885
>>60493890
>>60493901
Do people really trade euro shit???

>>60493919
yeah generally when everything else crabs dax is still volatile. its definitely no set and forget thing but daytraders love it

>>60493919
some euro stocks are really good to invest in short-term, nothing that I'd be comfortable with holding for longer than 8 months without checking it out though. you're kinda forced to diversify if you are not an american right now
>USD keeps dumping now as we speak
it will reach 2008 levels by december if we keep going like this.

>>60493928
yeah theres decent divvy companies like the nordea bank but with the little companies you risk a massive rugpull as its common to not give a fuck about small investors when they make some deals

Another Boeing plane crash...
How much will Boeing go up on this news?

>>60493942
If I was flying to Birmingham from India, dying in a plane crash instead is sort of six and two threes really

>>60493815
Futures are healing. I bet we open green, and Bobo suffers yet another day of blue balls.

>>60493942
>India
no one cares
hopefully many died

>>60493968
The world is healing.

>>60493892
not everyone here is a coomer

>>60493970
Based

>>60493964
all it takes is one news drop...

>>60493974
same goes for a pump
your point?

>>60493853
>crabbing
>winning
tbill chads are making more than you

>>60493942

Slurping Boeing cheapies as we speak.

What's that? Oh, I wouldn't get on one myself. If its Boeing, I'm not going. But the President is their number one salesman and that isn't stopping anytime soon.


SLLLLLLUUUUURRRRRPPPPPP :P

>>60493802
Volatility is based though

SAARS why are my stocks dropping? another trump tweet?

>>60493988
just buy le dip bro

>>60493724
>tariffs bad
>trade deals bad
make up your mind

>>60493662
europoorland is less productive than america period
even if EU stocks can have some rallies the US will always outperform
I'm a europoor so I'm allowed to mock this muslim filled socialist shithole

>>60493638
you're supposed to short BEFORE it dumps genius

>>60494002

>>60494002

>>60494002

>>60493628
shitty jewish broker with dogshit spreads

>>60493591
I'm ghosting him

>>60493519
fucking kek

>>60493503
Any european ETF

>>60493988
A tiny dwarf living in my bathroom whispered in my ear 'SPY will retrace to $595 and then $590'

retarded janny

Did the faggot jannies delete the thread because of the coomer bait in the OP or because it was made too soon?

stocks are OVER janny said so, just in time for the dump of a century

NEW

>>60494149
>>60494149
>>60494149
>>60494149
>>60494149

>>60494151
>>60494151
Non /pol/ OP

>>60493895
>NOOOOO DON'T TAUNT CHEETO MAN
kek grow some balls faggot

>>60492889
great gooning setup there.
>>60492945
>dollar has depreciating against every other currency for months
>CPI still goes down anyways
how does this happen? I know that the FED hasn't been doing any quantitative easing or other horseshit, and I don't think other countries are dealing with deflation, so shouldn't this be an indicator of rising inflation?

>>60493712
there is more free speech there. also the flags exposes jeets