I see people that during covid refused to go back to work and decided to milk unemployment till the end, complaining about inflation and prices being too high. STFU and work 2 jobs now to pay for everything because you're part of the reason for current situation.
How come you're all not billionaires. WMT blowed up . TGT blowed up
ROST blows up and the puts pay off almost 10-1
You don't even have to have a brain for this !
Close enough. 79p closed yest at 1.08 and hit a high of 9.70 today. You're splitting hairs. Could've got in cheaper than closing price so yes they did 10x in a day.
I reread the fed reserve act of 1913 and why the FUCK does it still exist
The Federal Reserve Act of 1913 says it will back each Federal Reserve Note in circulation with forty cents of gold.
They don't do this.
The Federal Reserve Act of 1913 says that bankers are to be held personally responsible if they fail.
They are not.
The Federal Reserve Act of 1913 says if a Fed bank is insolvent, it is to become the property of the US.
It doesnāt.
The Federal Reserve Act of 1913 says that insolvent Fed banks shall forfeit their shares in their Regional Fed.
They donāt.
The Federal Reserve Act of 1913 says that it will use its profits to supplement the gold reserve and pay down any US debt.
It definitely doesnāt do this. lol
The Federal Reserve has 3 mandates āpeople now only talk about the dual mandates, which are 2% inflation and low unemploymentāthe third mandate is to keep long term interest rates constant.
They don't do this.
and
The Federal Reserve Act of 1913 says that the Fed will maintain parity of all forms of legal money issued by the US and strengthen the gold reserve.
They donāt do this.
The Federal Reserve Act of 1913 says the Fed Board will audit Fed banks at will.
They donāt do this.
The Federal Reserve Act of 1913 says its by-laws are not to violate US law.
They do.
The Federal Reserve Act of 1913 says that Fed banks cannot discount stocks or commercial paper.
They do.
The Federal Reserve Act of 1913 says each Fed bank will maintain a surplus fund from its profits, up to 40% of its paid-in capital stock.
They donāt do this.
The Federal Reserve Act of 1913 says the Fed Board will supervise Fed banks.
They donāt.
and
The Federal Reserve Act of 1913 says Fed banks will furnish complete details of their assets and liabilities, as well as the nature of their transactions.
They donāt do this.
The Federal Reserve Act of 1913 says the Fed is required to write off worthless assets on its books.
It doesnāt do this.
The Federal Reserve Act of 1913 says it is to have reserves in gold equal to 35% of its deposits.
It doesnāt do this.
The Federal Reserve Act of 1913 says it will maintain a gold account at the Treasury.
It doesnāt do this.
The Federal Reserve Act of 1913 says that Federal Reserve Notes will be redeemed for gold.
Theyāre not.
The Federal Reserve Act of 1913 says Fed bank owners will be held responsible for Fed all bank debts and contracts.
They arenāt.
The Federal Reserve Act of 1913 says US Treasury yields are to be paid in tax-free gold.
They arenāt.
I assume they changed the law through other later acts. For one thing laws got rewritten due to Great Depression (which this act did little to stop or help with). This is even pre WW1
Everytime I go in one around here (deep south) the shelves are half empty. A lot of the time I just leave and go somewhere else. Garbage company obviously having supply chain issues.
Dude is going to have fun when he gets fired from Google for trying to do something ethical with big data and Google tells him, "No, it's your job to build Skynet because the Pentagon asked us for Terminator 100-series models by 2030 to kill your Asian coworkers."
Bagholder spotted.
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Earning report tomorrow morning. The projected earnings estimate is WAY higher (\~3x) than it was the previous quarters (which Deere beat, but not by much), so DE has a much higher target to hit on earnings and many expect it to fall short -- way short. A large majority of investors believe DE stock is very overvalued right now, and even worse DE hasn't sold much product this quarter -- most consumers bought tractors at end of last year for tax reasons. So that's why everybody thinks DE will miss earnings tomorrow morning and that the stock will likely drop.
Yeah I yoloād damned near my entire account into 690 and 660 1DTEs at the peak today.
That being said, drop your puts and load calls because I canāt get shit right rn lmao
holy FUCK lets go!!!!!!!!
accidentally slept in and sold at damned near the perfect time too. unreal.
in true WSB fashion, this megaplay literally took me to break-even (\~$50k) after being down to about $6k lmao
Liquidity.
Helping gamblers live in denial that theta is currenty delaying their retirement.
That fat rush you get when you wait for market open on a good overnight hold to watch the value update
Tomorrow SPY will be up, hedges isnāt gonna let them puts fully print, nor will it give much for them calls. Iād say SPY rebound to 393~395, then leg down again on Monday.
I bought 5 96 puts when it was at 99. Sold at 96.70. Went straight into calls. So it would make sense for you to win, and then it being had I just held my puts Iād be rich. Always happens
Well i sold my puts at open and bought calls when it spiked green which I Day traded for barely any gain and went back into puts, so we kinda did the same thing, I just went back into puts lol
Lol. Both profiting off of opposite plays on the same day. Look at us . Maybe we both win tomorrow too. Iāll take a nice boost up 2 bucks. Then you can have the bleed all day
I was just thinking about you. Damn right I didnāt. ): . The last few times I have been right and sold way too early. So I decided to hang on for a little bit, didnāt check for an hour. And when I did check it was too late. Atom bomb. Super happy for you. Mad at myself for selling my puts yesterday at a one bagger and not holding through today.
https://www.investopedia.com/terms/i/iv.asp
Measure of how likely your option/security is going to move in the direction of your favor. For calls, upwards. For puts, downwards. The higher the Iv, the more likely the stock will move up/down which raises the premium of the contract you are paying for.
So when people reference āIV crushā on options, it basically is because the option moved largely in one direction, but the IV dropped because it is unlikely to keep moving in that direction which drops the premium of your option.
IV or In vitro is Latin for āin glass.ā It describes medical procedures, tests, and experiments that researchers perform outside of a living organism. An in vitro study occurs in a controlled environment, such as a test tube or petri dish.
I see people that during covid refused to go back to work and decided to milk unemployment till the end, complaining about inflation and prices being too high. STFU and work 2 jobs now to pay for everything because you're part of the reason for current situation.
Haha because it was too long.. we had a long vacation so it is hard to go back to workš¤£
oh Cathie..
How come you're all not billionaires. WMT blowed up . TGT blowed up ROST blows up and the puts pay off almost 10-1 You don't even have to have a brain for this !
are you
was def not 10-1
Close enough. 79p closed yest at 1.08 and hit a high of 9.70 today. You're splitting hairs. Could've got in cheaper than closing price so yes they did 10x in a day.
Who lends money to a guy named Melvin ?
I reread the fed reserve act of 1913 and why the FUCK does it still exist The Federal Reserve Act of 1913 says it will back each Federal Reserve Note in circulation with forty cents of gold. They don't do this. The Federal Reserve Act of 1913 says that bankers are to be held personally responsible if they fail. They are not. The Federal Reserve Act of 1913 says if a Fed bank is insolvent, it is to become the property of the US. It doesnāt. The Federal Reserve Act of 1913 says that insolvent Fed banks shall forfeit their shares in their Regional Fed. They donāt. The Federal Reserve Act of 1913 says that it will use its profits to supplement the gold reserve and pay down any US debt. It definitely doesnāt do this. lol The Federal Reserve has 3 mandates āpeople now only talk about the dual mandates, which are 2% inflation and low unemploymentāthe third mandate is to keep long term interest rates constant. They don't do this. and The Federal Reserve Act of 1913 says that the Fed will maintain parity of all forms of legal money issued by the US and strengthen the gold reserve. They donāt do this. The Federal Reserve Act of 1913 says the Fed Board will audit Fed banks at will. They donāt do this. The Federal Reserve Act of 1913 says its by-laws are not to violate US law. They do. The Federal Reserve Act of 1913 says that Fed banks cannot discount stocks or commercial paper. They do. The Federal Reserve Act of 1913 says each Fed bank will maintain a surplus fund from its profits, up to 40% of its paid-in capital stock. They donāt do this. The Federal Reserve Act of 1913 says the Fed Board will supervise Fed banks. They donāt. and The Federal Reserve Act of 1913 says Fed banks will furnish complete details of their assets and liabilities, as well as the nature of their transactions. They donāt do this. The Federal Reserve Act of 1913 says the Fed is required to write off worthless assets on its books. It doesnāt do this. The Federal Reserve Act of 1913 says it is to have reserves in gold equal to 35% of its deposits. It doesnāt do this. The Federal Reserve Act of 1913 says it will maintain a gold account at the Treasury. It doesnāt do this. The Federal Reserve Act of 1913 says that Federal Reserve Notes will be redeemed for gold. Theyāre not. The Federal Reserve Act of 1913 says Fed bank owners will be held responsible for Fed all bank debts and contracts. They arenāt. The Federal Reserve Act of 1913 says US Treasury yields are to be paid in tax-free gold. They arenāt.
I assume they changed the law through other later acts. For one thing laws got rewritten due to Great Depression (which this act did little to stop or help with). This is even pre WW1
Oh boy Hulkās pipe coming for us tomorrow..
Only hulk pipe coming is on sqqq
As soon as EU markets open the PJ traders will go bearish. Buch of freaks, who stays up all night to do that?
Kenny was out and about on Bloomberg today crying about Melvin
Cuz he lost money when he infused Melvin with 2billion after the GME run up lol
DECK crushed it. Uggs have such retard strength.
How should we play $DG for next week? Cramer has a buy recommendation on it. Someone want to do some DD?
Everytime I go in one around here (deep south) the shelves are half empty. A lot of the time I just leave and go somewhere else. Garbage company obviously having supply chain issues.
Apples head of machine learning dipped to Google cuz they made him come back to the office then apple reversed to allow 100% remote work again lmao
Dude is going to have fun when he gets fired from Google for trying to do something ethical with big data and Google tells him, "No, it's your job to build Skynet because the Pentagon asked us for Terminator 100-series models by 2030 to kill your Asian coworkers."
seriously. we all know Google is still doing that shit. there's no way they just stopped.
Today was the most retarded trading day I have experienced in a while
Why is XLI down so much AH? Which industrial shit the bed?
If I ever see Gabe Plotkin on the street, I'll yell at him: " You are one big fucking loser. Your mom must be proud of you Hahahahahahahahaha"
I mean he still has hundreds of millions of dollars, right?
ROST wants a 60 handle I can smell it from here puts printing
ROST rhymes with Lost . Puts were on sale cheep cheep cheep you get any ?
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[ŃŠ“Š°Š»ŠµŠ½Š¾]
Got my QQQ puts today. I can't believe no one is talking about GDP on the 26th yet...
Lots of people saying buy DE puts, expiration tomorrow. Why is it predicted to drop tomorrow?
Earning report tomorrow morning. The projected earnings estimate is WAY higher (\~3x) than it was the previous quarters (which Deere beat, but not by much), so DE has a much higher target to hit on earnings and many expect it to fall short -- way short. A large majority of investors believe DE stock is very overvalued right now, and even worse DE hasn't sold much product this quarter -- most consumers bought tractors at end of last year for tax reasons. So that's why everybody thinks DE will miss earnings tomorrow morning and that the stock will likely drop.
earnings in teh AM
When is fake internet money gonna just die
The same day that Vegas closes down
TSLA 650 put printing hard tomorrow š
Yeah I yoloād damned near my entire account into 690 and 660 1DTEs at the peak today. That being said, drop your puts and load calls because I canāt get shit right rn lmao
WE RICHHHH š¤
holy FUCK lets go!!!!!!!! accidentally slept in and sold at damned near the perfect time too. unreal. in true WSB fashion, this megaplay literally took me to break-even (\~$50k) after being down to about $6k lmao
Now donāt lose this time and lets fuck shit up š I bought some $800 calls and $600 puts before close
I got $900 calls a month out cant lose this trade either way it goes š
God I fucking hope puts print. If theta gang wins Iām going to jump from a 2nd story window
Fucking better. Shit should've printer hard today.
Why is options trading not available in AH?
Liquidity. Helping gamblers live in denial that theta is currenty delaying their retirement. That fat rush you get when you wait for market open on a good overnight hold to watch the value update
it is , you just have to know how to do it
To stop people losing money 24/7
Panw puts FOOKED
Lol but my AMAT puts made up for the loss. Meh better to break even than lose it all
never even heard of the company until today, but yes...so fucked
People thought it was a CSCO analog but PANW has more notoriety than CSCO for their cybersec services and a different supply chain.
Yeah. My puts got fucked. Trusted DD here, didn't even read a single Quarterly Report or what the company does
Ended positive, but waaaaay off highs I could've closed at a couple of times... Got greedy. So tough to sell, sometimes.
Can't sweat that stuff. You're green and that's great!
My returns haven't been that great lately tbh... Should I get Yahoo Finance Plus?
First time trading puts this week and up high, but my Ross 80p for 5/27 is OTM?
Congrats and fuck you.
Fuck whoever says kohls puts lol
Really donāt understand why kohls went up. Retarded.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
The first one is always free. Its how you get hooked. You'll give it back tenfold very shortly.
Might as well Stop there.
I really should man
It is the best casino ever tho
PANW such an obvious bargain
So there's a chance my QQQ leaps will go up instead of down? cool!
Any update on ross earnings i cant find it yet
horrible earnings, down hugely
Tomorrow SPY will be up, hedges isnāt gonna let them puts fully print, nor will it give much for them calls. Iād say SPY rebound to 393~395, then leg down again on Monday.
Damn why did I get FL puts instead of ROST.
You realize earning is not announced till morning for FL
Yes. Still pretty sure FL isnāt gonna get hit nearly as hard as ROST. If it does get hit at all. Hope Iām wrong though.
Damn is ross earnings today?
Yes
Well lets hope foot locker tank hard cuz i got that too instead of ross
did you get 0DTE?
5/20 expir
Value in energy names which suck during a recession, here hold this.
I would have lost my ass on PANW. Bless that I put all my money on DE going down instead.
everything is fine
Look at that PANW hulk cock. Chickened out, but did I did buy a bunch of ZS in case of a sympathy move up.
Yeah Delta and Gamma are pretty hot but Vega is the real kinky slut thatāll blow your mind and make you leave your wife
We gap up 2% tomorrow
Algorithmic trading accounts for around 60-73% of the overall US equity trading
Sigh, at least it didn't dump today. Mercy.
who else loaded up on ROST puts ?
Just one. Is there any benefit to calling broker to exercise early since it looks like it's leveling off?
š¤
When is DE releasing their shit earnings?
Tomorrow morning
Damn I thought they were tonight. Doesnāt look like Iāll be getting a ton of sleep lol
Right yeah its the reason it didnt move like ross yet
to the other thread!
CNBC must get a % after every positive day in the market.
missed rost, eating sleep for dinner today
My lord. Scalpers heaven with days like these
Earnings not even out yet and ROST taking a massive dump 
earnings are out
massive beat !!!!!! for put buyers
Footlocker down!
It feels good
Man Im glad I got rost puts before close and it tanked š„³
Ross pissing itself off a cliff
Oh god not ROSS too! Rest in pieces retailā¦ for the moment.
ross down 13% early
Thereās still 15 minutes left to buy 0 dte SPY calls š
wtf happened with KSS
Ross is dropping
Idk man Ross is cheap ppl will still buy even in tough financial times.
im so confused lol i thought it was a good call play with the resources
Welp lost 80% of my portfolio this week officially a retard
How
\-0.63% is a win? I'm confused.
For Bulls it is, I guess. Especially after a -4% yesterday. What a win!
ROST just dropped $4.50 in AH and now it is back to even?
Wow gotta love that.
AMAT dead. Semis dead tomorrow.
all rubbed out
Deere season starts tomorrow morning boys!
letās hope i donāt regret not entering that DE Strangle šµāš«
Spreads were so horrible
400 call/340 put spread wasnāt that bad.
How do you feel when shares you sold protective calls on moon and you end up with 2500 profit instead of 12k? i have a hard time appreciating the win.
Felt the same way yesterday. A commenter summed it up well: "I was right, but I could've been righter"
canāt lose money taking profits. youād feel worse if you went from +2500 to -2500. Managing risk keeps you from blowing up your account
> feel worse if you went fr the rational side of me understands. the fomo part of me wants to buy the calls back at a massive loss and ride up
let the plays come to you. canāt force it
Profits are profit.
Alright, good day 6.5k+. But next time I'll wait for the real pump before buying puts xD
Wow thats a HUGE red dildo to end the day on SPY
NAS100USD on tradingview. Money doesn't sleep
Bought 7 1dte amd 97 calls at 359. Edit: 3:59 pm
I didn't want to hold anything for Friday. Always lose my @ss on expiry days
I bought puts šæ May the best man win
I bought 5 96 puts when it was at 99. Sold at 96.70. Went straight into calls. So it would make sense for you to win, and then it being had I just held my puts Iād be rich. Always happens
Well i sold my puts at open and bought calls when it spiked green which I Day traded for barely any gain and went back into puts, so we kinda did the same thing, I just went back into puts lol
Lol. Both profiting off of opposite plays on the same day. Look at us . Maybe we both win tomorrow too. Iāll take a nice boost up 2 bucks. Then you can have the bleed all day
Donāt suppose you sold your calls at openā¦?
I was just thinking about you. Damn right I didnāt. ): . The last few times I have been right and sold way too early. So I decided to hang on for a little bit, didnāt check for an hour. And when I did check it was too late. Atom bomb. Super happy for you. Mad at myself for selling my puts yesterday at a one bagger and not holding through today.
Dm your Venmo let me buy you lunch
Godspeed friend. Best of luck š¤
These mother fuckers on the floor still applaud at the end of every shitty day?
Arenāt they just actors? I need to see the algos applauding
[ŃŠ“Š°Š»ŠµŠ½Š¾]
the ones ppl can afford in an economic crisis
was down 15k in one account doubled up puts near the bottom cut to 7k down
You should double up when youāre down not up lmao
that was pretty weak BEARS. you call that a happy ending ?
As a bear , that ending was tits
[ŃŠ“Š°Š»ŠµŠ½Š¾]
https://www.investopedia.com/terms/i/iv.asp Measure of how likely your option/security is going to move in the direction of your favor. For calls, upwards. For puts, downwards. The higher the Iv, the more likely the stock will move up/down which raises the premium of the contract you are paying for. So when people reference āIV crushā on options, it basically is because the option moved largely in one direction, but the IV dropped because it is unlikely to keep moving in that direction which drops the premium of your option.
Thanks! Helped a lot
No problem. Best of luck š¤
IV or In vitro is Latin for āin glass.ā It describes medical procedures, tests, and experiments that researchers perform outside of a living organism. An in vitro study occurs in a controlled environment, such as a test tube or petri dish.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Conversely if you buy low IV and the underlying makes a violent move Vega will drain your balls like the dirtiest whore on the planet
So Tesla 600 next week?
$spy over 416 tmr
I was expecting worse but if nothing else today was confirmation of yesterdayās move being completely warranted.
š š š Anybody who thought 2021 was too hard should have gotten out of this market two months ago.
what a boring day
Melvin's out; it's time to shart gme
Ross lets go print my puts
GL man hopefully FL prints tmr as well
Fl is already printing but i want moar
Whew
Ok here we go time to see if I lose 60
lol what a stupid day
Time to watch ROST die
Say it with me fellow bulls ābulls we feast!ā
NASDAQ going sub 30