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Here is a thought. Every day whoever wants to will make a prediction on what the SP500 is going to do the next day. I'll record everyone's prediction each day, and then compute how many % off they were from what the SP500 actually did each day. That way, we'll have a rolling total of who is...

*brofist*

Will check out how TGT does between now and 3/3, thanks!!!

I think either reason Goog. But I just looked at IB SLR rates for GME, and it informed me there are currently 530k shares available to short. Come join the war!!!

Ohhhh, I see I was wrong on selling the deep in the money puts and calls - it IS like selling deep out of the money ones - I my 2 seconds thinking about it I figured if the stock broke one direction you as the seller would get the benefit of the large in-the-money premium paid by the guy against...

Thank you El Trado!!! How much do they charge per trade?

Are you for REAL? Doing what you are doing the 20 cent premium on both sides is the same, but you don't have the ability to absorb a ****more than 50% swing in either direction*** without loss! This really is a very simple thing to understand... I just gotta say, this is kind of weird man, I...

Melvin Capital was not as smart as me. They didn't understand that one should ALWAYS, and I mean ALWAYS, nibble nibble, dribble dribble. Dollar cost average. SLOWLY. Make time on your side, and use your dry powder on your side as wel. Which is what I described what I am going to do. And...

Wait, WAT? If you sell at 25 call on a 20 stock, you are going to collect a VERY SMALL premium. Same thing if you sell at 15 put on a 20 stock. That is COMPLETELY DIFFERENT than what I described, and offers VERY LITTLE downside protection, which is WHAT THE OP WAS LOOKING FOR.... Some of you...

Actually, how hard is it to open an account on Reddit? I want to open on there, and link to this thread, and say "here I am you DUMB BIATCHES, try to take me down, you will get SMOKED". Then laugh at their FAILURE. Fuk those dorks...

Yea, I know what GME did today JSOP, I was watching it every second I could turn to it from work. Like literally every second. I don't think you read my post above. I am NOT freaking hedging, NOT freaking surrendering. I'm staying pat, digging in like the motherfuking WW 1 Germans, and if...

- Trading from U.S., so must accept U.S. accounts. - Want it regulated, doesn't NECESSARILY have to be regulated in U.S., but has to be regulated by some commission that is not made up of the Sopranos characters. - Want low trading fees and small spreads - don't want to be fuked by bigger...

Fuk China. If Biden IS pushing back, great on him. But I saw the "Chinese president told me committing genocide on the Chinese Muslims will make China stronger... and I get that... and they have different cultural norms there" speech, and WHOLLY FUK that was unbelievable. Other than the...

What do you mean? I'm talking about selling both a put and a call on a stock where both the put and the call are "in the money" to the buyer. I gave the example in my post above. What is that called? Too many posts on this forum are tied up to vernaculars and what not. "Sell deep in money...

So, I actually think its normal for the VIX. When bad times go to good, it tends to DROP and stay low for looooong times. Didn't it get down to the 9s during like the 2nd or 3rd year of Trump's reign? Until there is a spike event. Then it tends to stay elevated for loooooong times. With...

So its tough to say how far I could go Overnight, because I have lots of other positions in the account, the vast majority are long. So if the market goes UP I can pretty much go on probably indefinately adding shorts (in small amounts) to GME, but if the market CRATERS that makes it a whole...

Thanks gotthatintoya and ET180, I guess strangle is the right terminology, not sure why when I read up on it there were calling it a short straddle. So its the short STRAGLE, both deep in the money, that is low risk (relatively speaking), probably low to mid reward. Thanks.

So, an out of the money call has a strike price that is ABOVE the spot price. An at the money call has a strike price AT the spot price. An out of the money call has a strike price BELOW the spot price. With puts, its the same, just reversed. So, for the ultimate protection, you would sell...

Not a cold chance in hell I'm closing out and giving up bro. I'm here to drink Bud Light and short Gamestop. I just cracked my first Bud Light, and I've got 17 more to go, but they will be gone before market open. At that point only one thing left to do. I've made my decision. If it hits...

Money in the bank.