Well, at some point you need to draw a line in the sand and go for it. Besides HFT type of trading, I haven’t found (read about) any way to find a risk-less trade ideas. Knowledge of how options work will surely improve your edge, but I doubt very much it’s an edge in itself. We are all speculating on something either moving or not moving (and magnitude). Would love to hear your take on this.
FB earnings strangle
- Thread starter qlai
- Start date
I know what you've all been thinking ... It's only a matter of time. Well, I am not going to disappoint you
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How much premium did you collect for selling that put?
Plan of action: I bought 100 shares on Friday. Will wait for the time value of the put to evaporate and will either take assignment or roll as far down as possible. This will probably be dead money till at least the next earnings. This stock can move, so hopefully I can make something happen. I’ll keep myself posted lol
It is a guarantee that the stock will go up over time. Just by changing their name to "Meta" will invite new investors as it filters down the brainstem of the traderverse. I believe that in the end, you will come out ahead. The only loss is opportunity cost I guess. No big deal, I do it all the time.
Peleton? I am not a stock guru, but it seems to me that they blew their load during the height of the pandemic, when everyone wanted their at-home exercise bikes. Coming out of the pandemic, they will not be seeing sales continuing to increase, but decrease.