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Come on Overnight, you are being fescious here. Communist revolution happens. All private property is seized and automatically belongs to the government. All interests in any kind of property, tangible, intangible, or otherwise is cancelled and all companies belong to the new government...

So, if your scenario is that the underlying gaps one way HUGELY, and I mean HUGELY, before you can close you first put/call sells and sell new ones, is there any strategy OTHER THAN closing at a loss? The question you are asking is akin to: If you own the SP500, and you wake up tomorrow and...

FUK. Like, a personal wallet? I should be buying used wallets? Or you talking about some computer wallet thinkie where they protect their bitcoins with a password? No way to get into that if I find it on a hard drive? Thanks! And I know this was a far out thought and would not likely pan...

This literally feels like end times in the stock market. But who knows, given that the fed is increasing the money supply to the tune of like 30% annually these days?!?! Insane times, with GM actually making money lol....

Don't know about Cali, but, generally, if you set up a corporation, partnership, etc., you've just made that entity pay the tax, rather than yourself. For federal income tax purposes, corporations are subject to a 21% tax rate, so if Cali follows that system you might save some money...

See, this is the kind of shiat that is VERY telling to me. A pure, simple, honest chart of Big Mac prices in tow different countries. Not some mumbo-jumbo "ummmm, we took those goods of the list because they've risen in price, so more people are buying these other goods because they haven't...

If people will be glad you give them $30 or some crap for their old computers circa 2005 or what not, what about buying those up on the cheap on the off chance there is some crypto on there? Maybe they forgot about it because they are old. Maybe their nerdy crypto loving kids came home from...

So, what is the real current inflation rate in the US? They keep telling me its like under 2% or some shiat, but I go to the store and I see prices rising like a mofo. Then I went to Luby's this weekend. My girl got a baked chicken Lu-Ann. The Lu-Ann is up in price, and on top of that, they...

Thank you for adding lots of value to this thread Jack, you are the man!!!

But doesn't any strategy have a non zero possibility (you said "probability", but you used the word "small", generally inconsistent with "probability", so I will go with the correct word, possibility) of complete ruin? Buying the S&P 500 - could go to zero tomorrow - complete ruin! The better...

I have to study this more thoroughly, but it seems you are literally saying go open two separate accounts (!) and in one go long the stock and in the other short the stock? Even if you go through that process (!) doesn't the price movement in the two positions exactly offset one another (!), so...

I might just do that Overnight. But I want to open a new account so I can easily see how its doing over time without having to back out my other gains and what not. But it is very much on my radar. The question is is it better to do this with indexes or single stocks. I would think single...

And by the way, what is a "covered" straddle, in the short straddle sense? If I buy 100 shares, and sell a call, that is a covered call, no? Then if I sell short 100 shares and sell a put that is a covered put, no? Well, combine the 100 long and 100 short, and you are back to NO NET SHARES...

Obviously I'm not talking about going all out putting all your marbles all in one basket, I'm not insane, and I think you might be insane for thinking anyone is that insane without any hard-core proof of same. If you were selling short straddles on 100 different stocks, and GME was just one of...

Some people be like "yo, if you sell both a put and a call your risk of a disaster trade doubles dude!!!!". Others be like "whoa bro, if you sell a call you loss potential is unlimited!!!". Maybe all that is theoretically true, but realistically is there any easier way to print money, other...

LOL! Gawd bless those Millennials and their robinhood accounts lolol...

Dunno, but one think I'd bet big money on is that it won't ever see its recent highs in the 300s or what not. At least in the foreseeable future. But my thinking that probably means it will hit 1,000 soon lol... Regardless, its a hell of a ride to watch!!!

Jesus that is a YUGE disparity!!! Is IBKR padding their pockets on bad execution prices?!?!

They declared bankruptcy. I hold a little of their stock, bought in at like $4. Its down big, but still over $8. Shouldn't I be shorting the shiat out of this on the theory that is very likely going to zero?

I shorted 50 shares yesterday and 50 more shares just now on my regular IB account. For days I could not do it... Question: What is in the realm of a FAIR price for GME, looking only at the fundamentals, not the craziness of that is going on our there in the market on it? Anyone have any...