Stock market down -1000

[Tres Leches]

expect it to keep dropping til it re test the 200wk ma and then pumps back up

 

[Gloxina]

White lady at my office was on the phone talking about the stock market and trying to sooth someone/explain that everything’s down because we’re in a recession Blah blah…

I was just shocked she was having the convo so openly for all to hear. So I KNOW white folks are feeling this shyt and talking people off the ledge.

 

[Gloxina]

#moass imminent

Man if that shyt truly hits I am not going back to work

 

[Gloxina]

at OP thinking you only make money when stocks go up slow ass.

Eating off of RCL, CCL, SNAP, and VTI puts.

You spreading some knowledge in that Boiler Room thread? I need to listen to some of y’all…lol

 

[Brolic]

at OP thinking you only make money when stocks go up slow ass.

Eating off of RCL, CCL, SNAP, and VTI puts.

Don't you need money to cover 100 shares when you buy puts?

 

[Seoul Gleou]

puts, baby...puts

 

[Ezekiel 25:17]

yall nikkas not buying puts ?
long holding any stock rn is terrible financial management
buy weekly puts bet on the market to go down and u can still make money
i made 112k today on puts
spy got eviscerated

What the hell is a put? You got any sources to learn about all of this?

 

[ROFL_GUY]

Futures..

 

[TallMan_J]

Holy shyt we need the rep feature back

I don’t get it.

 

[TallMan_J]

Don't you need money to cover 100 shares when you buy puts?

Nah breh. You buy “contracts” that give you the ability to purchase the 100 shares if you have the money and choose to at the end of expiration.

It’s complicated, yet simple. Check out YouTube.

 

[Stir Fry]

I don’t get it.

https://www.thecoli.com/threads/guy-with-drip-meets-women.920416/

the gif came from this thread

 

[Jekyll]

Don't you need money to cover 100 shares when you buy puts?

Nope. You need shares or money when you are writing puts/calls, due to the possibility of getting assigned.

 

[Jekyll]

at OP thinking you only make money when stocks go up slow ass.

Eating off of RCL, CCL, SNAP, and VTI puts.

I’ve made alot more money in my trading career playing puts than calls. Especially after a big move up.

 

[Kings County]

What the hell is a put? You got any sources to learn about all of this?

put is an option where if the stock goes down u make money
call is an option where if the stock goes up u make money

both options have expiration dates u can and should sell before the expiration date
unless u have tens of thousands of dollars

if u dont sell and your option doesnt hit a certain price u lose everything
1 option = access to 100 shares at the price target on expiration date
most people just sell the premiums which is like a price u pay to buy the option
so much information missing but thats like a quick breakdown
youtube is the best resource

 

[ROFL_GUY]

Guy with Drip Meets Women

the gif came from this thread

Hmmm