The AMC Stock Discussion Thread

[Silky Johnson]

I'm gonna keep it a stack....there's more that can go wrong than can go right with options when you are first starting out. Yt/Social media furus make it seem like it's light work but there's a lot that goes into finding the right stock, volume and strike price then you gotta understand the greeks and how to use them.

If you don't know what to do, sign up for a (free) TD Ameritrade account and paper trade on their Think or Swim (TOS) platform. You should get in at least 100 paper trades and want to be profitable on 60 - 70 of those before going live and using real bread.

If you really pressed and FOMO burning a hole in your pockets, the least you should do is learn the basics of support/resistance & how to use that to pick strike prices. Trade options with mad Open Interest and high volume.

Last thing, time is your friend. The further out the expiration date, the more room you have to make moves if the play goes against you. Weeklys and anything under 30 days isn't recommended

 

[pawdalaw]

Top 4 shorted have 100% utilization. All time high SI
Something about men lie, women lie, numbers dont.

 

[RareHunter]

lose all your money


Though its not toooooo hard not to do that, its best to start with reallllyyy small contracts and only single ones until u know what ur doin. Some brokers even allow paper trading to practice. Classicly most investors say u cant beat the market playing nothing but options but from some of the discords Im in Im def calling bullshyt


Also if u dont wfh or have access to ur account at most times of the day I would steer clear of weeklies and spy. You need to watch ahit like a hawk to get the most out of options. One minute you up 500 and then 3 minutes later u up 200.

What’s the most money you’ve made in a short period doing this with the assistance of the discord so far. Appreciate the response.

 

[Mega]

Also if u dont wfh or have access to ur account at most times of the day I would steer clear of weeklies and spy. You need to watch ahit like a hawk to get the most out of options. One minute you up 500 and then 3 minutes later u up 200.

100% Facts.

 

[Deafheaven]

What’s the most money you’ve made in a short period doing this with the assistance of the discord so far. Appreciate the response.

most money Ive made off options (one play) was 10k over a weekend with bbig. Most ive lost is like 1k maybe? Could be more. It can be a feast or famine operation. A lot of times I do my own plays and profit lovely though. I made like 5k playing tesla back and forth a few weeks ago.

atlas is a decent discord but a lot of noobs. Trading champ on twitter is good. We have a coli discord as well but its kind of closed iirc. Try to keep a good solid membership in there, its no fukkery at all just nikkas making money



not gonna lie my tuition was filled with equal wins n losses but once u start find what ur good at and play tickers u understand u win more. And also not buying 28 contracts or some shyt lol. i made 200 today off of a one off amd call that was mostly risk free n brainless. But it takes a while before u can see that shyt, and also not getting greedy. Its a whole diff mentality u need to clme to terms with. Yea its amazing making 3k in 25 minutes but its also days where wvery play goes to shyt and u down 1.5k. I really dont let that happen no more cuz I dont play that many shaky contracts at once but it has in the past


All yall nikkas AMC aficionados in here I dunno why yall havent dipped ur toe in options for the shyt. The premiums for it is kind of dogshyt though from what I remember because of its volume n volatility. But a day like today whwre it was very green u pick the right option u could Have profited lovely. The weeklies on AMC when 3-400% today

 

[RareHunter]

most money Ive made off options (one play) was 10k over a weekend with bbig. Most ive lost is like 1k maybe? Could be more. It can be a feast or famine operation. A lot of times I do my own plays and profit lovely though. I made like 5k playing tesla back and forth a few weeks ago.

atlas is a decent discord but a lot of noobs. Trading champ on twitter is good. We have a coli discord as well but its kind of closed iirc. Try to keep a good solid membership in there, its no fukkery at all just nikkas making money



not gonna lie my tuition was filled with equal wins n losses but once u start find what ur good at and play tickers u understand u win more. And also not buying 28 contracts or some shyt lol. i made 200 today off of a one off amd call that was mostly risk free n brainless. But it takes a while before u can see that shyt, and also not getting greedy. Its a whole diff mentality u need to clme to terms with. Yea its amazing making 3k in 25 minutes but its also days where wvery play goes to shyt and u down 1.5k. I really dont let that happen no more cuz I dont play that many shaky contracts at once but it has in the past


All yall nikkas AMC aficionados in here I dunno why yall havent dipped ur toe in options for the shyt. The premiums for it is kind of dogshyt though from what I remember because of its volume n volatility. But a day like today whwre it was very green u pick the right option u could Have profited lovely. The weeklies on AMC when 3-400% today

Why y’all don’t let me in? I need this pls . Thanks for response.



Edit: seems doable from what you say. Reminds of playing running back. You get 4-5 yards here and there, and wait till you hit the big run.

 

[Deafheaven]

Why y’all don’t let me in? I need this pls . Thanks for response.



Edit: seems doable from what you say. Reminds of playing running back. You get 4-5 yards here and there, and wait till you hit the big run.

its definitely like that, especially if you good at playing Spy. But that takes a lot of babysitting and knowledge I dont fukk with it but many people just play that and win often.

personally I dont think its that hard to beat the market with usinf options as ur primary trading strat as the market is usually a 8-12% increase a year. Its really not difficult to get consistent 10% wins on options once u get them and dont over step ur knowledge base. I found most of my Ls are from puts. Im absolutely terrible at shorting shyt, so I try not to. If even if u dont play on using them learning about options is good cuz it effectively lets you profit in any market whether bear or bull.

but ymmv, it requires a lot of micro managing and knowledge, and luck. You cant time the market but you have to time options lol

 

[RareHunter]

its definitely like that, especially if you good at playing Spy. But that takes a lot of babysitting and knowledge I dont fukk with it but many people just play that and win often.

personally I dont think its that hard to beat the market with usinf options as ur primary trading strat as the market is usually a 8-12% increase a year. Its really not difficult to get consistent 10% wins on options once u get them and dont over step ur knowledge base. I found most of my Ls are from puts. Im absolutely terrible at shorting shyt, so I try not to. If even if u dont play on using them learning about options is good cuz it effectively lets you profit in any market whether bear or bull.

but ymmv, it requires a lot of micro managing and knowledge, and luck. You cant time the market but you have to time options lol

Thanks breh. What’s the most you made in a year since you been doing this? Ima look at that Kennan option class and learn. The 12 hr shifts alone not cutting it anymore.

 

[Deafheaven]

Thanks breh. What’s the most you made in a year since you been doing this? Ima look at that Kennan option class and learn. The 12 hr shifts alone not cutting it anymore.

only a bit over a year. I considered my first year tuition and I took Many Ls the first like six months capped by investing in some bullshyt crypto company and taking a fat ass 5k loss off that. This was common shares tho…

after that I took a break till december and re assessed my strategy and also started seeking out my knowledgable cats than me and also started fukking with options. Since that -5k L Im up 10k or so I think. Im currently up 4k overall to start the year. I intend to clear like 20-50k in profits this year if I stay consistent and dont get greedy. And in actuality that small fry shyt. Its nikkas who have profit days of 6 figures and shyt. Im trying to get there one day if u havent learned by yet the biggest barrier to making money in the stocks isnt even picking good shyt its capital. a 5k loss to me is Wayyyyy diff than a cat with a 390k portfolio. Once u have that much money I fee you actively have to try to lose money via idiocy or greed.

 

[RareHunter]

only a bit over a year. I considered my first year tuition and I took Many Ls the first like six months capped by investing in some bullshyt crypto company and taking a fat ass 5k loss off that. This was common shares tho…

after that I took a break till december and re assessed my strategy and also started seeking out my knowledgable cats than me and also started fukking with options. Since that -5k L Im up 10k or so I think. Im currently up 4k overall to start the year. I intend to clear like 20-50k in profits this year if I stay consistent and dont get greedy. And in actuality that small fry shyt. Its nikkas who have profit days of 6 figures and shyt. Im trying to get there one day if u havent learned by yet the biggest barrier to making money in the stocks isnt even picking good shyt its capital. a 5k loss to me is Wayyyyy diff than a cat with a 390k portfolio. Once u have that much money I fee you actively have to try to lose money via idiocy or greed.

Thanks breh.

 

[pawdalaw]

 

[Rakim Allah]

Rolling 20s

 

[pawdalaw]

Rolling 20s

Incoming

 

[Crizzy]

 

[10bandz]

This shyt looks like it’s building momentum again. If it runs don’t be stupid and hold out for 100k. Just get your profits I know a lot of y’all are in the hole