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  1. mervyn

    Elon Musk says Chinese EV makers will ‘pretty much demolish’ most competitors without trade barriers

    rubbish. i started trading tsla in 2013 as a miserable and speculative stock, got department of energy's loan. elon went to china to get his second factory and with 100% ip control. it was the first foreign company without 50/50 interest with the chinese. i was very luck to bet 5% of the money...
  2. mervyn

    Tesla 2024

    they have a virtually monopoly in us ev market, and perhaps in europe. china ev cars won’t be allowed here. the production costs are the lowest, excluding china cars of course. so they will float with the tide. i can see it goes below 175 before the trucks and new models are flooding the market...
  3. mervyn

    China stock market in free fall....no one paying any mind.

    So those 44 billion from the last two years are trapped, you don’t say.
  4. mervyn

    What other brokers are like Schwab and Fidelity??

    BOA bought Merrill Lynch, a friend still has 8 figures with them, lot of paperwork to move accounts.
  5. mervyn

    SPY Options Position Size

    a spread is a spread on a screen, in the system it is a two independent trade, perhaps executed with different counterparties to fill the order. One can’t control the timing of assignments/exercises and by whom and what legs, hence you will get a call from the broker to confirm the large order...
  6. mervyn

    SPY Options Position Size

    no you can't execute this order in retail accounts, check the volume. assignment risks would be off the charts.
  7. mervyn

    China stock market in free fall....no one paying any mind.

    no, trade waves, not marrying them. fundenmentally, they are not thinking like the westerners. if they can take 10 bcuks today, they will not wait for 100 bucks tomorrow.
  8. mervyn

    China stock market in free fall....no one paying any mind.

    Bought baba when it went public, and exited at 120. Longed SMIC when the new CEO was executing the expansions vs TSMC, not to mention bunch china related US tech names like Apple NVDA AMD. But now I can’t even trade HSI index fund on IBKR since Trump went to war with them, probably close to 1m...
  9. mervyn

    China stock market in free fall....no one paying any mind.

    bought 2k shares at 5.81 pre-open, rsi is getting oversold, i'd accumulate.
  10. mervyn

    SPY Options Position Size

    How much have you in the brokerage account?
  11. mervyn

    China stock market in free fall....no one paying any mind.

    i don't have problems with china. it is ovbiously we lost them since trump, they are now creating their own rules, and they are everywhere to sell their manufactured goods, not much services though. stuff they made are inexpensive because the rest of the world are not wealthy and can't afford it.
  12. mervyn

    China stock market in free fall....no one paying any mind.

    why would ccp cares about shareholder returns? call powell
  13. mervyn

    China stock market in free fall....no one paying any mind.

    how much money you lost in china stocks
  14. mervyn

    Asian Financial Crisis Part 2: China's Debt Bomb

    11.6bn grades? obviolusly this guy is rubbish.
  15. mervyn

    SPY Covered Calls - What is a good strategy to use in a Roth IRA when holding SPY?

    delta 10 or 15 on weekly, easily 20% per annum but you have to roll forward immediately if the strike is hit. And use the premium to accumulate underlying at market price.
  16. mervyn

    China stock market in free fall....no one paying any mind.

    US stock market is not, from your retirement to government pensions, there are no other venues to fund the obligations. If China stock market is gone, they still have the family support system in place.
  17. mervyn

    China stock market in free fall....no one paying any mind.

    Their “wealth effects” are/were locked in with properties, and cash in the banks. Stock market is just a gambling den.
  18. mervyn

    Buy OTM puts, grab as many 10yr T-Note futures as you can

    i won't buy anything until the 10y rate is above 4.5
  19. mervyn

    Open Source AGI by the End of the Year? Yeah, Says Zuckerberg

    i don't use anything zucchini
  20. mervyn

    Sell put itm on ETF SPY

    hope you collected nearly 44 buck and wait until spx rocket to 520…
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