Search results

  1. I

    might it ever happen where buying deep OTM calls will make you more money than ATM or ITM?

    Let me clarify: Is there ever a situation where buying DEEP OTM calls will make you more money than buying ATM or ITM calls for the same amount of money invested? In other words if a stock is $3, and you buy $100 worth of $3 calls (let's say this gets you 1 call), will this ever be worth less...
  2. I

    What causes this?

    Profit taking? DPRO (drone company) was on a general decreasing trend, when some news came out that Ukraine had bought 10 drones or something* So I observed as price went up >90% in a day. Only to basically be back a little higher than it was the next day. Has everyone gone "holy cow, I...
  3. I

    Where to find a programmer to automatically backtest a system

    May you recommend a place to learn?
  4. I

    Drugs and tech

    Well, I do not understand earnings. Yesterday Think orSwim said DPRO earnings were 3/31 4pm CDT. There was a link today to the earnings call. Today Think or Swim says DPRO earnings are 4/1 4pm CDT. Wonder if they'll change it again.
  5. I

    Drugs and tech

    So I didn't sell any SNDL CCs this week because earnings was supposed to be 3/30. But they posted something saying they are using a different team to do it and it will be ready sometimes before the 14th. So... any time before then I think. DPRO's earnings were today at 4pm CST. Basically...
  6. I

    Drugs and tech

    DPRO was up >90% today but closed around 40%. Thinking about selling some calls. However, I was going to sell some $2.50 puts but price has already dropped below $2.50 again. I wonder why it spiked so high and then quickly came back down. Perhaps people were selling for a quick gain. My...
  7. I

    Drugs and tech

    If my puts expire ITM My average cost on MNMD will be $1.45 which is less than $1.50 so my goal is achieved. If they do not, I'm hoping MNMD isn't too far about $1 so I can buy more at a low price. I have one order sitting at .89. I am not buying additional even if under $1.00 because I don't...
  8. I

    Lost 78% within 1 week of purchase of Russian equity fund. My after-thoughts.

    The squidgame crypto fell something like 99.9999% in 5 minutes. I made up those numbers but it was close. I think it went from $1,250 to $0.0000005. Moreover, it was a scam. I've been looking for Russian ETFs that are still trading. I fully support your craziness in buying them and would...
  9. I

    Drugs and tech

    I had an order to sell a MNMD 1.00 put for .14. Today, even though the bud ask was .07 .10, my order passed. I now have 3 short 1.00 mar puts at an average cost of .11. The plan is to lower my average cost to under 1.50 and then sell 1.50 calls. So if these expire itm I'll take the shares...
  10. I

    Drugs and tech

    I was going to sell some covered calls for 2.50 for DPRO (2.50 is the lowest price available). The only ones that weren't 0 were the ones 125 days out. Kind of far. They are.20. Today DPRO is up 16%. I checked those calls and they were .25. But the 30 day calls were 0.05. 0.05 is too little...
  11. I

    Drugs and tech

    Update: SNDL - 2,600 shares at @.88 2 Jan 23 .5 calls @ .59 2 Jan 24 .5 calls @ .32 1 Jan 24 1 call @ .28 3 Jan 24 1.5 calls @ .22 MNMD - 400 shares @ 1.80 order to buy 100 shares @ .89 1 Mar 22 .5 put (long) @ .03 2 Mar 22 1 put (short) @ .10 order to sell 1 Mar 22 1 put @ .15 order to sell 1...
  12. I

    is now the time to buy Russia ETFs? They're down like 98%

    Most of them have stopped trading though.
  13. I

    What's it called when you buy a put and call with different expirations?

    Thank you, I wasn't sure if there was a name for this or not.
  14. I

    What's it called when you buy a put and call with different expirations?

    Like 50 put February and 50 call March.
  15. I

    2022 looks like 2008

    (originally posted on Reddit)
  16. I

    how closely does BITO copy Bitcoin?

    Seems like they're pretty close. Appears like there were some arb opportunities there. So BITO is like $24 and BTC is like $37,000.
  17. I

    how closely does BITO copy Bitcoin?

    I can't compare them on the same software. I can view Bitcoin, and I can view BITO yet I can't compare them.
  18. I

    When is buying calls better than buying shares?

    Will you guys tell me if I'm doing this right? WHEN IS BUYING A CALL BETTER THAN BUYING SHARES? This uses today's prices. MNMD is $1.05 per share. Let's say you have $118 -- this number is round so you can buy two options. Your $118 would get you 112 shares. This means if price is $2.05...
  19. I

    When is buying calls better than buying shares?

    You're right maybe my math was wrong. According to ThinkOrSwim today, a 0.50 24 January covered call would be $206 if MNMD reached $1,000 on expiration and $201 if it reached it tomorrow... this might not be right, my ToS desktop seems to not show before expiration prices correctly. Anyway, i...
  20. I

    When is buying calls better than buying shares?

    So what you are saying is if I buy 100 MNMD for $1.01 and sell 1 24 Jan 2.50 call for $0.53, and then MNMD goes to $1,000 and my profit is locked in at $255, I can close this position and NOT eat a giant loss in the process? But my profit won't be $255 until 24 Jan. If it happens next week my...
Back
Top