Stock market down -1000

[itsyoung!!]

 

[Olmec]

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

yeah, but you can buy OTM puts and with how rapidly some stocks are dropping you can make bank with little money. If you buy puts closer to the current price it's way more expensive.

 

[Olmec]

Kl

PuT this dikk in your mommy mouth son

oh you mad you don't understand how stocks work and are too broke to participate

 

[Mowgli]

It's bear time. Get your positions

 

[ROFL_GUY]

[/Q

oh you mad you don't understand how stocks work and are too broke to participate

A Mexican talking stocks
Olmec rofl

 

[RareHunter]

oh you mad you don't understand how stocks work and are too broke to participate

Whats a decent play?

 

[ROFL_GUY]

Whats a decent play?

Buy pinto beans

 

[RareHunter]

Buy pinto beans

Those suck tho. I hope yall been stocking up tho.

 

[Hawaiian Punch]

Not for nothing but over the past two years I’ve seen more 1000 point drops to last a lifetime. Back in the day people jumped off buildings when a drop like that happened. Now it’s like “oh it’s Tuesday again?”


What a strange point in reality we currently exist in.

 

[ROFL_GUY]

Whats a decent play?

Padres
Astros
Brewers

 

[RiffRaff]

puts, baby...puts

Which puts you in breh?

 

[Ezekiel 25:17]

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

OK so I'm guessing y'all use any broker and place a put on certain stocks you know going down like Tesla for example. I have Fidelity, so that should work.

You sell before it reaches the lower price point because hard to predict that price poiny. How long do you typically wait to sell? Daily or weekly?

 

[Hiphoplives4eva]

Biden is trash. Black people are to blame for electing this fukking goofballl

 

[Virtuous_Brotha]

Not for nothing but over the past two years I’ve seen more 1000 point drops to last a lifetime. Back in the day people jumped off buildings when a drop like that happened. Now it’s like “oh it’s Tuesday again?”


What a strange point in reality we currently exist in.

Which makes me feel this hell hole will bounce back quicker than any "crisis" in the past then we back to shining

 

[ROFL_GUY]

Biden is trash. Black people are to blame for electing this fukking goofballl

You Cacs need to make up your mind.
President has no power . Deep state!
Biden raising gas and killing the stock market!