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Unknownirish t1_ja53ayi wrote

Monday flash crash? I hope. Will it happen? Doubtful. My puts are never going to print, are they?

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behrific t1_ja54g4d wrote

I’m heavy on SQQQ from a Friday holdover. I really think I should of sold. C’mon Monday, show me red.

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Unknownirish t1_ja54yk8 wrote

And it's green.

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Sorry_2_baked t1_ja5ek0x wrote

just my luck. :(

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hiricinee t1_ja5qyor wrote

Its futes. fake and gay.

10

slick2hold t1_ja63jnh wrote

Never ever ever trust futures or premarket moves. NEVER unless its a 300+ point move and even then it may open in opposite direction.

Futures are so manipulated they shouldn't even be allowed to be traded or used.

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breakyourteethnow t1_ja5oxed wrote

Keep holding, am in SQQQ too. It reached a yearly low/support and bounced beautifully. All the news is awful, you think a run will happen until more bad news from inflation, Russia, China comes out and then it's over.

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Cutlercares t1_ja5terq wrote

Buying shares or options?

1

Unknownirish t1_jac3ril wrote

I continue buying shares. But I'm a boomer investor so don't get your advice from a guy on Reddit.

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Hambonedome t1_ja689xa wrote

You do understand SQQQ is based off the inverse of the NASDAQ, right? And is intended to have a 3x return. Look at the NASDAQ if you wanna go off a chart.

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atn0716 t1_ja6ap00 wrote

What is sqqq? I tried to look up and understand this fund but couldn't find anything.

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Hambonedome t1_ja6c4zx wrote

3x inverse returns of the NASDAQ. It’s essentially shorting the NASDAQ but safer

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atn0716 t1_ja6ch00 wrote

So buying as a stock, the more nasdaq goes down the more this will go up? Like if the market crashes, this will jump a lot?

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breakyourteethnow t1_ja6cftw wrote

Yes, look at the yearly chart and check current fundamentals. Anybody worried about decay is missing out, it's not to hold forever but until March or even April, sure. TA does work for x3 leveraged but used in conjunction with QQQ and NQ.

1

718cs t1_ja7s7jx wrote

How’s the red?

1

behrific t1_ja98dzj wrote

Meh, not too bad, cost basis 37.87. Sold it in the green.

1

dasboot523 t1_ja5e5gt wrote

It's theta gang time for the next couple months

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Ambitious_Theory_171 t1_ja6ujkj wrote

It's always a good time to be a member, the only guarantee in life is that time always passes

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remindsmeofbae t1_ja82qqs wrote

Can someone please teach me how to make money with theta?

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remindsmeofbae t1_ja82usb wrote

I understand calls and puts. But, theta is confusing.

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dasboot523 t1_ja87lbk wrote

If you understand Calls and Puts you understand Theta. Someone is on the other side of all those trades you make that person is Theta. When you buy a SPY option 1 week to expiration for $300 the person that sold you that contract is hoping it expires worthless. The theta value on a contract is how much the price of an option should decrease each day as the option nears expiration, if all other factors remain the same.

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Darth_Laidher t1_ja59z6m wrote

And our next contestant on The price is Baked in....

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Pepepopowa t1_ja7smmz wrote

The price is both baked in up and down? Priced in a week, month, year into the future?

Crazy I didn’t know we had time traveling financiers.

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DYTTIGAF t1_ja53u7h wrote

June is the next rate hike. Call ahead to get reservations for a room at the casinos "Players Lounge Suites".

Rooms are on floors 10-15. They offer maximum velocity to the ground below (if that SPY position turns against you).

Complimentary drinks served at the casino wake room..for all you creditors who have gathered together to tally your loses.

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Balanceyeahaight t1_ja5ep12 wrote

March 21-22 next fed meeting/ fed rate hike of most likely 25 bps with a chance of 50bps. I expect either way no bueno for the market Jerome Powell going to be hawkish. I wish I sold some more Spy at the peak but whatever will jus hold usually spy claims back all time highs within 5 years of big market drop ugh 🤦‍♂️

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KuntFuckula t1_ja55z0w wrote

Toward the end of March. They’ll have all of Feb CPI/PPI/PCE data when they meet.

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___0__0_0 t1_ja552m0 wrote

This is the best meme hands down

8

[deleted] t1_ja56mjt wrote

[deleted]

3

Pepepopowa t1_ja7spok wrote

Which direction? You’re willing to bet no change happens when fed announces?

What if it’s 50?

1

supersharon t1_ja79b2c wrote

Have you heard of powerballs worldwide lottery?

2

Amandafilmmaker t1_ja79ljz wrote

Tell us

2

supersharon t1_ja7abpn wrote

It is the concept of a decentralized lottery that utilizes blockchain technology to gather funds, randomly select a winner, allow worldwide participation, and distribute the jackpot with less human involvement.

1

VisualMod t1_ja52hzr wrote

User Report
Total Submissions 10 First Seen In WSB 2 years ago
Total Comments 123 Previous Best DD
Account Age 3 years [^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.) [^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
1

mxk2020 t1_ja5bbt0 wrote

Green wins

1

redditmodsRrussians t1_ja65v60 wrote

Man, M Resort hotel was something else. It was like playing memes on slot machines.

1

Big_Biscotti_1259 t1_ja66no0 wrote

What does his 5 fingers related to interest rate hikes.. 🚬

1

suazb95 t1_ja6rs0z wrote

Later March.

1

Past_Broccoli_704 t1_ja6yxs2 wrote

Someone should monitor these dogs very close. I feel like they can talk at any moment and tank/pum the market with no accountability.

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Austenny t1_ja79j3o wrote

Sir, this is a casino

1

ride_electric_bike t1_ja839sw wrote

Target earnings tomorrow. That has crashed the market in the past.

1

captiancb t1_ja8i5a6 wrote

The fed will raise interest rates till the housing market comes down

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iPigman t1_ja8rrfv wrote

I swear, every governor and busy-body in the Fed is having a "conference" this week.

1

RAtheGOD44 t1_ja9itqp wrote

DOUBLE ZERO GREEN, w 3 FAKEOUTS ALL SIDES,and an evil laugh

1

[deleted] t1_ja5898r wrote

How has nobody offed this guy yet

−2

Affectionate_Law3788 t1_ja5lwhn wrote

I mean it's not like he makes decisions unilaterally. There's a whole rotating FOMC, he's just the guy who has to present the group project.

(They haven't offed him because no one else wants to present)

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