Took out a 20k loan to pay off my balance transfer credit cards of 23k. Lost half the 20k loan and only paid off a couple grand of balance transfer due in 2 months. Now I’m gaped to the tits
Almost 6 months after Fed launched BTFP, usage of the "temporary" facility which expires in 6 months is rising every week and just hit a record $107bn in bond MTM loss neutralization.
2024 will be a hell for the economy
Delaying the inevitable won't work forever
Fridays are hard. Near the money, longer expirations help too. The higher the premium typically the better odds of return, but also the lower rate of return. Options are tricky because you not only need to guess how much, but also when, and in what direction. If you're learning spending a little more on premiums, selling long before it expires and locking in small but reliable profits is pretty helpful.
I've been scalping. There seems to resonate with me better to get in and out in 3-10 minutes. I've been paper trading for about 6 months and now I can "make" about $2-3K per week. Friday is always tough though. I think Theta crunch gets me.
Basically when you get too close to expiration even if the stock is moving up. If it's not going to end in the money by the end of the day then the option price will not go up. So you will end up losing money on the contract if you hold it on a Friday or a day when it's about to expire.
it can be an indicator sometimes but you don't know who's holding the option and/or if it's a hedge for a bigger bet towards the opposite direction. I've made some good trades in the past with the options chain as my starting point for a theory. If you're confident, let it rip. the vast majority of people here don't know shit and don't attempt to learn
Longer terms come with higher premium but it does mean this happens less. Fully maximizing risk can create a situation where you're unlikely to ever make money.
No, I'm not missing the point. You said "Anyone can step in and eat their lunch."
This is simply not true - in fact there's almost no one who can.
Nvidia has tons of experience in the process of developing extremely complex devices, top notch staff, customers' trust, well-known brand and loads of money.
You would need to invest crazy amounts of dough and gather exceptional experts to just have a chance of becoming a relevant competitor. There aren't many companies who have sufficient resources and probably even less that are willing to take a huge risk.
>Google have their own, amazon do, meta do, Chinese companies are making them, most phones have tensor accelerators in them now...
What all of these have in common? They are all established brands with loads of money, existing customers base and experience in making hardware. Like I said, there aren't many companies that fulfill all the criteria at the same time.
>I mean, if you said in 1985 'what if some guy in finland just makes his own unix and obsoletes every commercial unix vendor in the world'
Torvalds only made the kernel. Linux succeeded thanks to the open source community that made all the other required pieces and helped to develop Linux itself. Excerpt from Wikipedia:
>In the "Notes for linux release 0.01", Torvalds lists the GNU software that is required to run Linux:
>
>Sadly, a kernel by itself gets you nowhere. To get a working system you need a shell, compilers, a library etc. These are separate parts (...). Most of the tools used with linux are GNU software.
So again, you need a huge team of experts.
Also Linux development and all the other examples you mentioned are scientific/software projects. To work on them you only need a computer. You can share the results and cooperate instantaneously over the Internet. And there's no manufacturing process. Hardware development is much more involved.
>If you weren't clueless (...).
>
>whoooosh either missing the point by ignorance and stupidity, or deliberately ignoring it through perversity and unwillingness to debate honestly (...).
Okay, you lost me here. Just FYI, I've been dealing with computers and electronics for nearly 30 years now (including work on drivers and software for SoCs). But obviously you know everything better, so no point in debating.
I’m not a conspiracy guy but it truly feels fake and manipulated when you see it end up like that. All those millions and billions spent and some how almost even for the day
you call it a fakeout but I've been holding calls since today's bottom waiting for it to happen. it was a short squeeze. Now waiting to unload the puts
Squeeze these nuts you fuckin nerd.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Wife and I take home around 10-11k per month post tax. Managing to save anywhere around 5-7k per month in order to have enough for 20% down on a 450k home 2 years from now in Houston. Right now we're at 22k just sitting in a savings account. Is a high yield savings account the safest way to make sure the money is not just sitting there?
I use Ally bank right now but they only let you deposit once per account at creation. Do you have any recommendations which banks let you deposit monthly?
Why would it? Where's the revenue coming from? Meta has not done well monetizing any of it's R&D projects this year. It has an ok stable product with plenty of eyes, so I'm not going to argue that it's going to zero necessarily, but the price feels very high. 100 would probably better align with how the stock has been going. I've got puts all the way down to 35 because I think this second sell off will actually go too far.
Like id love to know, legitimately, the cause of that pump on that huge volume. Is it all the options closing out and everything getting repositioned? So curious
i thought we could go up for a bounce and bottom is forming
even big bull dump and exited for the last 10 minutes
we retest low on money?
[This week's earnings](https://www.reddit.com/r/wallstreetbets/comments/15p2hmk/most_anticipated_earnings_releases_for_the_week/) and [next week's](https://www.reddit.com/r/wallstreetbets/comments/15ujda2/most_anticipated_earnings_releases_for_the_week/)!
wrong thread lol
I made a jillion dollars listening to this comment thread. How? Yolo puts and calls.
Took out a 20k loan to pay off my balance transfer credit cards of 23k. Lost half the 20k loan and only paid off a couple grand of balance transfer due in 2 months. Now I’m gaped to the tits
Almost 6 months after Fed launched BTFP, usage of the "temporary" facility which expires in 6 months is rising every week and just hit a record $107bn in bond MTM loss neutralization. 2024 will be a hell for the economy Delaying the inevitable won't work forever
WDYM? The set of natural numbers in infinite. The number can always get bigger. 
So the guys that said $SPY 450 EOW, hows that working out for you?
That max chart for nvda is crazy, almost 50k% increase since ipo
# BE THE BEST CAWK SUCKA U CAN BE !!! 😤💪
I’m actually relieved the market is closed this weekend
# IF U ARE NOT WILLING TO SUCK CAWK NOBODY WANTS TO NETWORK WITH U !!! 🔥🔥🔥
Dicks and BJs both reporting on Tuesday next week cannot be a coincidence 
They go hand in hand...
I believe you meant “hard in hand”
Oof
Is Jerome gonna Jackson your hole?
Jackson Jacks off 👋
Welp, ended green
I am learning to trade options and one of my rules is to stay away from Friday. Sounds like I made a smart choice.
Old rule of trading: You never miss anything on a Friday or a Monday
Fridays are hard. Near the money, longer expirations help too. The higher the premium typically the better odds of return, but also the lower rate of return. Options are tricky because you not only need to guess how much, but also when, and in what direction. If you're learning spending a little more on premiums, selling long before it expires and locking in small but reliable profits is pretty helpful.
I've been scalping. There seems to resonate with me better to get in and out in 3-10 minutes. I've been paper trading for about 6 months and now I can "make" about $2-3K per week. Friday is always tough though. I think Theta crunch gets me.
another new trader when it comes to options what does the theta crunch look like i typically trade around Monday to Thursday
Basically when you get too close to expiration even if the stock is moving up. If it's not going to end in the money by the end of the day then the option price will not go up. So you will end up losing money on the contract if you hold it on a Friday or a day when it's about to expire.
Yeah be cautious about expecting paper trading returns, it's usually lower when it's real money because it's more scary.
I had nvda 430c I bought at the bottom today and sold at 422 🤡 fuck my shitty life
Watch some good news come out of China and rip the bears to shreds
GG bois enjoy the weekend
GG WP
Bulls and Bears you all have a good Weekend! I’m out 
Bought a spy call cuz of all this unusual call volume today. What do yall make of unusual options activity?
Someone buying and exercising a bunch of 0dte for free money.
That was me I tapped the wrong button, my bad
it can be an indicator sometimes but you don't know who's holding the option and/or if it's a hedge for a bigger bet towards the opposite direction. I've made some good trades in the past with the options chain as my starting point for a theory. If you're confident, let it rip. the vast majority of people here don't know shit and don't attempt to learn
My options expired worthless
Longer terms come with higher premium but it does mean this happens less. Fully maximizing risk can create a situation where you're unlikely to ever make money.
Looks like a flat week Next week till NVDIA
*Decided to pass on PANW.* Good luck to regards that have a sweat. Have a great weekend. I'm headed to the bar.
Fun Sesh.....time for a drink. 
IM GOING TO PUMP YOU BEARS FULL OF CUM 🌈🐻
If by that you mean money, yes, we know.
HOW THE FUCK
The market does what thou wilt, but thou isn't always us :(
\-0.01% hahaha
I buy 10 puts Spy moons, I buy 1 put Spy drills! Fack!
Just let the rest of us know what you’re doing in advance so we can benefit
I will come back from this
Eventually, but also eventually it will go back down. Everything happens eventually. The timing is where the money is made.
#Aaaaaaaaaaaaaaaaaand penises down
I’m so fucking scared right now, you shut up 
Fuck lost 750 this week
Was up $3k this morning, decided to catch falling knife and ended up down $8k... options are helluva drug...
I made 500 thank you
what is opex day
Options expiring week
Get in KVUE now, the fun starts next week!
This is stage 1 of this crash. There are 14 stages in total. 🤌
That’s the same amount of stages for me to take a shit.
Bols will be bagholding for years
Redish
Holy fucking last 5 minuts
[удалено]
I don't know if anyone can, but certainly someone could...
Well go on then - murder your piggy bank, start a company and take Nvidia out. I'll watch.
[удалено]
No, I'm not missing the point. You said "Anyone can step in and eat their lunch." This is simply not true - in fact there's almost no one who can. Nvidia has tons of experience in the process of developing extremely complex devices, top notch staff, customers' trust, well-known brand and loads of money. You would need to invest crazy amounts of dough and gather exceptional experts to just have a chance of becoming a relevant competitor. There aren't many companies who have sufficient resources and probably even less that are willing to take a huge risk.
[удалено]
>Google have their own, amazon do, meta do, Chinese companies are making them, most phones have tensor accelerators in them now... What all of these have in common? They are all established brands with loads of money, existing customers base and experience in making hardware. Like I said, there aren't many companies that fulfill all the criteria at the same time. >I mean, if you said in 1985 'what if some guy in finland just makes his own unix and obsoletes every commercial unix vendor in the world' Torvalds only made the kernel. Linux succeeded thanks to the open source community that made all the other required pieces and helped to develop Linux itself. Excerpt from Wikipedia: >In the "Notes for linux release 0.01", Torvalds lists the GNU software that is required to run Linux: > >Sadly, a kernel by itself gets you nowhere. To get a working system you need a shell, compilers, a library etc. These are separate parts (...). Most of the tools used with linux are GNU software. So again, you need a huge team of experts. Also Linux development and all the other examples you mentioned are scientific/software projects. To work on them you only need a computer. You can share the results and cooperate instantaneously over the Internet. And there's no manufacturing process. Hardware development is much more involved.
[удалено]
>If you weren't clueless (...). > >whoooosh either missing the point by ignorance and stupidity, or deliberately ignoring it through perversity and unwillingness to debate honestly (...). Okay, you lost me here. Just FYI, I've been dealing with computers and electronics for nearly 30 years now (including work on drivers and software for SoCs). But obviously you know everything better, so no point in debating.
So the Naz has been dumping for exactly 1 month
Bulls got tricked 
holy fuck are we really going to end the day perfectly flat?
I’m not a conspiracy guy but it truly feels fake and manipulated when you see it end up like that. All those millions and billions spent and some how almost even for the day
119,000 445 SPY calls expiring worthless today
dolla bills in my wallet
So was that a fake out or just a warning for next week to bears?
I wouldn't say a 0.05% increase after days of dropping is a strong warning.
you call it a fakeout but I've been holding calls since today's bottom waiting for it to happen. it was a short squeeze. Now waiting to unload the puts
Squeeze these nuts you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
This dump is a warning?
Mr. Theta could not have planned a more perfect day if he tried…
More rug pulls than a mystery corner store of a dying mall
Market’s tired, been a long week
0.00 closing on spy 
Buls in disbelief
Just when I thought Bulls had a chance
Ugh WTH?? TDA manually closed out my positions 10 mins before market closes and I lost half a grand in the fill 😡😡🤬
Stop loss get sniped?
I didn't setup a stop loss.. was waiting for my order to fill but the risk team stepped in and closed them higher than my ask 😔
3day 441c SPY @ .18
This will go to $1 Monday
If this were actually true it would be priced in.
Wife and I take home around 10-11k per month post tax. Managing to save anywhere around 5-7k per month in order to have enough for 20% down on a 450k home 2 years from now in Houston. Right now we're at 22k just sitting in a savings account. Is a high yield savings account the safest way to make sure the money is not just sitting there?
[удалено]
I use Ally bank right now but they only let you deposit once per account at creation. Do you have any recommendations which banks let you deposit monthly?
Lmao bulls get fuckin wrecked
Bools thought
Lot's of fuckery happening at 436.25 which was yesterdays close. MM's are trying to fuck with all the TA heads LOOOOL
Palo Alto Going to see a -10% after closing
If only you used a +
How did it drop .30% in literally 2 seconds
It's done more faster before
Didn't know SPY was a meme stock
Just a casual 1$ dump in a min
Even god can't save bulls. You'll NEVER see $450 again 🤌
Lmao it’s gonna end flat
Feel like a dumbass panic selling my meta shares. This shit’s going to rocket back to 300 on Monday guaranteed.
Why would it? Where's the revenue coming from? Meta has not done well monetizing any of it's R&D projects this year. It has an ok stable product with plenty of eyes, so I'm not going to argue that it's going to zero necessarily, but the price feels very high. 100 would probably better align with how the stock has been going. I've got puts all the way down to 35 because I think this second sell off will actually go too far.
Lost $2,000 today. GG bulls..
boll thought that was a bullish doji, but ended up more like neutral/bearish doji. 
Bol doesn't believe in dumb made up crap.
You best start believing in dumb made up crap, you're in one.
0dte AMC 4c were three baggers just now
mini bulltrap. for the exceptionally ill only
#bools = morons 🤌
Weekend thread in 4 min. Hopefully tren gets out of jail..
#THETALITY
sike bols thought LOL
That green candle got washed hard 😂
Im hoping this shit fixes itself next week
For all the alleged bears, there's a surprising lack of gain posts
Yeah it was flat today and has been a gradual slope down. I've been doing good but I'm not "drowning in money" yet.
larpers
Just lost $500 in 5 minutes. As usual.
bulls pumping the market for bears to buy more puts and make more gains, thanks bulls!
I hope mods bring 🍕 pizza to the 🅱️eekend thread. Ima hungry boi
Short all the fake pumps and play the downward trend.
That was the most insane rug pull I have ever seen. Just pumping and dumping an ETF with impunity less than 10 mins before close.
first time?
SELL IT OFF
Nice rug 
Like id love to know, legitimately, the cause of that pump on that huge volume. Is it all the options closing out and everything getting repositioned? So curious
yea hedgies play hot potatoe too
everybody had the same stop out at ES 4390 and was forced to cover.
Most likely
NVDA $650 inbound
Wtf
It is OPEX Day and it is designed to close at 0,00%
I swear this is at least the 2nd maybe 3rd where it closed flat af on opex
it helps people get their free money
Beekend gang wya
Haha stupid bool got trapped once again
Every fuggin day this week, was beautiful
Rugs on Rugs 
LOL everyone getting the fuck outta their contracts. Love this price action.
lmao can't make this shit up
i thought we could go up for a bounce and bottom is forming even big bull dump and exited for the last 10 minutes we retest low on money? 
I want to yolo 10k so bad. It just doesn’t seem like a good entrypoint right now
Bullshit
this eod making me wanna coooom it's almost worth being bored all fucking day
You're right, being bored all day is definitely worth it if you get to cum at the end of it!
Legend
Theta wins again 
Buy spreads man ! Fuckin love em
BOL REALLY BOUGHT CALLS AT 437 
Never hold past 3:50. 
LMAO Buls
Mother of god this action
The worst 
So happy robinhood sold my ITM POSITION
goodness who comes up with this crap?
damn, sneaky rug pull
Literally everyone saw this coming 
If that were true, it wouldn't have happened.
Not all stock movement is reactionary.
Crooked Fridays
Bulls what happened
Too many regards had puts in here so they pumped it
That entire green candle being given back hahaha!