All things STOCKS

[Thunder Good-Oil]

DEFTF, XRP and Cardano making nice runs if you’re in the crypto market or looking to get in.

My two cents are that there are far too many and there are only a few that are transparent enough to bother with. There are over 50 coins with market caps over $1B. Even the biggest and most recognized is a mystery.

As I posted in the crypto thread, the IRS taxes coin appreciation if they are used for transactions. It’s going to be an unmanageable mess.

I doubt I’d venture outside of the handful of the largest and a cap on any coin is essential. Some regulation is unfortunately going to be necessary as well.

 

[Thunder Good-Oil]

How is the supply limit managed?

 

[SpaceCoastVol]

Typically Twitter knows everything in regards to news before anyone else.

The problem though is that X is not very user friendly imho and it is full of bullchit bots. It takes too long to weed thru all that nonsense.

 

[SpaceCoastVol]

Options are rarely worth dealing with. Selling puts is a handy skill to have. Other than that spreads, calls, straddles, strangles, etc most of the time burn your average retail investor. Covered calls and puts are about all the average person needs to know about.

That's what I have been saying for years. All those exotic strategies are a waste of time imho. I sell puts. On margin.


But..... dyodd.

 

[SpaceCoastVol]

Smartphones killed journalism.

Liberal journalism professors killed journalism.

 

[Majors]

Liberal journalism professors killed journalism.

Don’t disagree but anyone with a smartphone could report instant news on Twitter/social media.

 

[SpaceCoastVol]

Just started a position in MSTR. Anyone else have it?

Yep. I have a bunch of outstanding puts on it. And also the derivative play MSTY.

 

[SpaceCoastVol]

Seems like an overreaction on Target...TGT.

Under the current administration, common Jane can't afford to shop at Target. With new government folks incoming, that gets inflation under control and the upper end Walmart crowd returns to higher quality of Target.

Am I wrong?

Unsure how tariffs factors into that mix.

I was thinking the same thing.

 

[BigOrangeMojo]

I was thinking the same thing.

Investors didn't buy the port shutdown BS, especially after the organized retail crime excuse they tried to give last year....

Only so long they can sweep their organization issues under the rug.

With that bring said, it's a really nice price now if they can get those organization issues fixed...

 

[SpaceCoastVol]

Don’t disagree but anyone with a smartphone could report instant news on Twitter/social media.

Therein lies the problem. I think most of whatever generations that are Z and beyond get their 'news' from TikTok and Instagram. Or whatever social media they are using. Have you ever seen that idiot Harry Sisson? He's the posterboy for stupidity and ignorance and he's got hundreds of thousands if not millions of followers.

 

[Majors]

Therein lies the problem. I think most of whatever generations that are Z and beyond get their 'news' from TikTok and Instagram. Or whatever social media they are using. Have you ever seen that idiot Harry Sisson? He's the posterboy for stupidity and ignorance and he's got hundreds of thousands if not millions of followers.

Don’t disagree on Harry or the younger crowd. Twitter and online media killed the need for journalist and transformed news outlets to what we have today. Rodney King beating was just the start of people reporting the news and that was with a handheld camcorder.

 

[Thunder Good-Oil]

Yep. I have a bunch of outstanding puts on it. And also the derivative play MSTY.

Almost all of my options activity has been selling puts with 1-3 weeks left on the contracts instead of placing limit orders to buy shares of something (coupled with buying to close if they fall by 75% or more).

Last week I sold some covered calls on HOOD. $37 strike for 11/29 which will be ITM at today’s open. I have 12/6 $40.5s that need another nearly 10% move up in the shares to be called.