Stocks - r/Stocks Daily Discussion & Options Trading Thursday - Dec 03, 2020 |
- r/Stocks Daily Discussion & Options Trading Thursday - Dec 03, 2020
- For Those Who Don't Understand the Inevitable Short Squeeze with GME
- Walmart gives bonuses to employees, extends emergency leave as pandemic worsens
- ROKU investors: What's the point of a Roku product if all of the new TVs have smart capabiloties?
- Cannabis has been reclassified by the U.N. Commission on Narcotic Drugs.
- To Everyone Saying to Invest in American Airlines During the Summer, What Could go Wrong? You Were Right
- Warner Bros will release entire 2021 slate of movies on HBO Max
- Positivity for newbies without a lot of $ to invest
- Once you have exited a position on good profit, when do you get back again?
- Is it end of movie theaters? Warner Bros is releasing their 2021 movies on HBO+ same time as movie theater.
- Where to invest $500 right now
- 22 Years Old - Currently loading up on DKNG in my IRA.
- LAZR, name change today with big gain, 3 catalysts in the next week and featured on Toyota research, great long term play
- Hold $GME until earning call?
- Am I dumb to think today’s news may signal the beginning of reversal for PGE
- Well...this has been a rough week! Lets hear what you're holding.
- Roblox IPO
- Best stocks to sell covered calls on?
- High risk tech etf
- Interest in a Stock Research Management Platform?
- OpenDoor thoughts
- Why isn’t Amazon the best bet for the future?
- Value stocks so underrated they’ve become growth stocks
- Should I withdraw some of my gains too pay off debt?
| r/Stocks Daily Discussion & Options Trading Thursday - Dec 03, 2020 Posted: 03 Dec 2020 12:06 AM PST This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme and/or post your arguments against options here and not in the current post. Some helpful day to day links, including news:
Required info to start understanding options:
See the following word cloud and click through for the wiki: If you have a basic question, for example "what is delta," then google "investopedia delta" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned. See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments]  |
| For Those Who Don't Understand the Inevitable Short Squeeze with GME Posted: 03 Dec 2020 02:49 PM PST First, what is a short? The first concept to understand is you sell to open, and buy to close. Your brokerage will lend you x amount of shares and sell them on your behalf on the market. That you is selling to open the short position. When you cover your position you buy to close the position. But what if the price goes up? Well, you have cover that position. So if you short GME at $15.80 and it goes up to $16.20 you are already in the hole $0.40/share. Key Point: Shorting happens on a margin account. That means, it's not actually your money either. It's the brokerages. If you are losing enough money you will go into what is called a house call which essentially will force you to cover your position. Moral of the story, if you drive the price up, you will force short positions to either cover or double down. THIS is what causes a short squeeze. This is also why you can't expect it to happen over night. Short Position A might be Bob from Kentucky who has a $350,000 margin account and he shorted at 15.80, once it gets to 16.50 we wants out because he's already losing so much and it's not worth the risk. Short Position B might be Bank of A lot of Power who has a $4BN margin account and can wait years for it to fail, so they have no need to cover their positions unless it's looking really bad long term. (Like if this Cohen thing happens) As shorts cover their positions, they are forced to buy at a higher price than they shorted, driving the stock price up. This will lead to more short positions covering driving the price up some more, leading to more short positions doing the same. All the way up to the whales who have massive short positions. GME has over 100% short interest, has formed a cup and handle, and the potential Cohen takeover is right around the corner. A squeeze will happen. Hope this helps! EDIT: Regarding GME specifically. The earnings call on 12/8 has two possible outcomes.
If case 2 happens there are two possible outcomes.
[link] [comments]  |
| Walmart gives bonuses to employees, extends emergency leave as pandemic worsens Posted: 03 Dec 2020 09:25 AM PST https://www.cnbc.com/2020/12/03/walmart-gives-bonuses-to-employees-extends-emergency-leave-.html Walmart is paying a fourth special bonuses to hourly employees on Dec. 24. Since March, the big-box retailer has hired more than half a million employees and more than 20% of those have moved into permanent positions at Walmart. For all grocery store workers, rising cases and hospitalizations in small towns and cities across the U.S. means they're risking their health and their family's health when they go to work each day. Full-time hourly employees will receive $300 and part-time and temporary employees will get $150 on Dec. 24. [link] [comments]  |
| ROKU investors: What's the point of a Roku product if all of the new TVs have smart capabiloties? Posted: 03 Dec 2020 08:14 AM PST Disclosure: No position in Roku, but own a Roku for an older TV and I like it. I'm in the market for a new TV and noticed a lot of these new TVs already have smart capabilities (download new apps, watch Netflix, etc.) So, IDK why going forward people will buy a Roku or even use their existing Roku? 🤷♂️ [link] [comments]  |
| Cannabis has been reclassified by the U.N. Commission on Narcotic Drugs. Posted: 03 Dec 2020 04:45 AM PST " [the]...decision was made by the U.N. Commission on Narcotic Drugs, which recently voted to reclassify cannabis and take it off the strict Schedule IV list that includes such highly addictive drugs like heroin. While still deemed a controlled substance, this decision is significant and could see restrictions surrounding the drug's therapeutic use ease. " The trend towards more open Cannabis use globally has been really heating up lately (last 6 months - 2 years). I think this decision by the U.N. Commission on Narcotic Drugs will just pour more fuel on the firs of Cannabis stocks/ETFs. What're people thinking here? GL! [link] [comments]  |
| Posted: 03 Dec 2020 08:45 AM PST American Airlines was at 9 dollars in the summer. Lot of people were saying what could go wrong? Isn't the only direction that it could go is up unless they declared bankruptcy...You guys were right..It was literally easy free money. So for those of you who asked those questions and listened to yourself..Good job. It's at 16 dollars now. And with the vaccine supposedly making everything normal next year, I don't see it crashing. [link] [comments]  |
| Warner Bros will release entire 2021 slate of movies on HBO Max Posted: 03 Dec 2020 10:54 AM PST What does this mean to HBO Max parent company AT&T, $T ? How would this effect other streaming services/theatres? [link] [comments]  |
| Positivity for newbies without a lot of $ to invest Posted: 02 Dec 2020 11:10 PM PST Hey! I'm pretty new to this, but if you are too and you're anything like me, you've probably seen a lot of people talking about how they've bought 300 shares of this, dropped $2k on that, have six figures in ETFs, etc. I've even seen a couple comments scoffing at people who only have a couple hundred to invest. I dunno about you, but it can get frustrating and disheartening. So I just wanted to take a minute and say: you're doing great just by getting started! It really doesn't matter how much money you have. Sure, the more you can invest, the more you can (potentially) gain, but any profit is profit. If you want to get into trading like a lot of people do here, it's perfectly okay to start with $100, buy a share or two in something that seems reliable yet cheap, make like $5, sell it, rinse and repeat. You can work your way up to doubling or tripling your initial investment by just buying a good stock on a red day, waiting a few days, and selling when it's in the green by a few dollars. It's not as glamorous or fast as people talking about their $10k gains in a day but it is profit, it can be faster than long-term investing when you're just getting started, and it does allow you more money to play with without having to put in more of your own. And if you want to start investing long-term, any amount is a great amount. $100 in a savings account might make 0.20% APY, like what my bank offers. $100 in ETFs could get you ~10% annual returns. $10 in a year doesn't sound like much, but it's a massive improvement over 20¢. (And you'll almost definitely put aside more than $100 year to year anyway, but you get the point.) All in all, any profit is profit, the best amount to trade with is anything you can afford to lose, the best time to start long-term investing is always immediately, and it's perfectly fine if all you're making is a few dollars trading or investing. The important part is that you're getting started, so don't get discouraged! Best of luck to all of us =) p.s. Also, IMO, short-term trading is okay! As long as you know the risks (yes, even of meme stocks) you can treat this as a game or a casino or whatever you want. Like someone else here said, this is /r/stocks, not /r/investing. At the end of the day it's your money, and sometimes stupid-seeming risks will make way more profit overnight than safe long-term investments will in years, and sometimes you'll lose your life's savings in a day and wish you'd just gone the investing route with $VOO or something. Do whatever you're comfortable with, don't listen to anyone scoffing about what investing has become. (Although, I guess, take what I've said with a grain of salt too! I am probably just as new as you ;b Feel free to correct me on anything as well!) [link] [comments]  |
| Once you have exited a position on good profit, when do you get back again? Posted: 03 Dec 2020 01:11 PM PST Here are some of my recent exits that I kinda regret, even though I have taken good profit, ranging from 80% to 150% ENPH: exited at 97 @ 86% profit NIO: exited at 35 @ 155% profit NET: exited at 56 @ around 50% profit All of them are doing very well now, after some short dips. ENPH and NET have gone up 32% since then, and NIO about 42%. I know the right strategy is to forget my previous holdings and any get rid of any "if only I held" sentiments, and do the DD on these companies as if I am going to buy them for the first time. However, I feel a strong resistance to do so, thinking once again, no, such crazy growth in such a short time can be sustainable, there will be a pullback sonner or later... Shall I start buying in small amounts? Would be great to know how you have handled similar situations.. [link] [comments]  |
| Posted: 03 Dec 2020 11:56 AM PST AMC and CNK are tanking after news about AMC selling shares and warner bros releasing their movies on hbo+ Will movie theaters die in few years? Many people think so. Do newly released movies on streaming network generate as much profit as movie theater released movies? Since movies on streaming network can be seen by whole house hold and others who shares account at no extra cost once movie is purchased. Also movies will be uploaded to illegal sites as soon as released because of ease of ripping off videos from online browsers. (Most big name films takes around week or so to get on the illegal platform when its released on theaters. But streamed movies like "mulan" was available to watch on illegal sites as soon as it was released) Movie makers with streaming platforms have power to really disturb theater market. But with these circumstances, are they going to do it? I would like to hear from you guys. Thanks [link] [comments]  |
| Where to invest $500 right now Posted: 03 Dec 2020 04:11 PM PST I'm 23 and currently holding: DKNG, NIO, PENN (heaviest), RKT As well as the index's: ARKK (heaviest), KOMP, SPYG, SPTM I have $500 cash burning a hole in my brokerage account, where should I look to invest it? Looking for long term 20+ year growth. I'm considering just dumping it into the basics of APPL, MSFT, DIS, but feel I should take Into consideration something else I'm maybe not aware of or as educated in [link] [comments]  |
| 22 Years Old - Currently loading up on DKNG in my IRA. Posted: 03 Dec 2020 03:23 PM PST So DKNG will not be the only stock I'm going to have in my IRA, but I'm bullish on them because casinos make money. I'm not looking to buy in at a certain time or sell if it gets too high, I'm looking to hold this on a 20+ year horizon. I know my reasoning is not complex and most likely flawed, but the way I see it more states will continue to leagalize sports betting in the next 5-10 years, leading to more users and more revnue. A couple of possible downfalls I currently foresee include a possible marijuana type effect, where the government may want a large share of gambling revenue/profit. Casinos also are not immune to going belly up. Just curious to here other people long term predictions on this particular company. If it behaves the same way that other "sin stocks" operate, I also foresee a dividend within the next 10-20 years. More diversification will be added to my current position when I start my job in September and can recieve an employee match. Current Position - 5 Shares of DKNG, roughly 40% of IRA. [link] [comments]  |
| Posted: 03 Dec 2020 09:39 AM PST Featured in Toyota research, only USA company in massive Japanese auto conference, several conferences in the coming weeks and Mad Money feature on the future of safety and self driving car. Info below: Luminar boasts an impressive list of more than 50 commercial partners, including seven of the top 10 vehicle makers world wide. The company focuses on automotive LiDAR (light detection and ranging) hardware and software technology. This technology's capabilities can range from tasks like vehicle detection and classification, to actually learning from experience. Overall, LiDAR technology is vital for autonomous vehicles (AVs) — and Luminar has a chance at being the leading developer. [link] [comments]  |
| Posted: 03 Dec 2020 07:47 AM PST Are you holding $GME until earning call? I have 6k invested in $GME atm it seems like the stock is trending upwards thanks to GME being able to earn a share of XBOX, and with the new console gen releasing. [link] [comments]  |
| Am I dumb to think today’s news may signal the beginning of reversal for PGE Posted: 03 Dec 2020 02:37 PM PST https://www.pge.com/en/about/newsroom/newsreleases/index.page I am pretty new to trading, but I have been following financial news and trying to educate myself for a few years now. I have been watching PGE since their plunge following the west coast wildfires. On paper, to me at least with my limited experience, today's news looks like it could signal a good entry point for this stock. Any thoughts? [link] [comments]  |
| Well...this has been a rough week! Lets hear what you're holding. Posted: 03 Dec 2020 05:28 PM PST I know im not the only one whos had it rough. Im sure some of you have had it well, if so im very happy for you! This is mostly a post to let people know what im holding and at what price, and just a discussion. I don't plan on selling for a loss, because i do believe in the companies i invest in. Currently im sitting on GAN @ 18.47, HYLN @ 31.44 avg, and PLTR @ 24.49 avg, and BABA at 284.49. So these are the 4 im down, but i feel ok. I think all 4 are good companies and will go up. Im also WAAAY up on NET, NIO, DKNG, and GEVO. The positives outweigh the negatives. Im curious what people have that they're currently at a loss with but feel good about? Again, its been a rough week for me and I know it will go back up and i enjoy looking at the buying opportunities! [link] [comments]  |
| Posted: 03 Dec 2020 09:37 AM PST Thought I'd ask the almighty hive-mind for their wisdom. I would like to join the Roblox (RBLX) IPO. I have fairly deep pockets (apparently I'm considered an 'accredited investor') and so can put a sizable six figure sum down however I have no connections. I tried calling up two of the under-writers (Goldman & Morgan Chase), but just got a lot of people scratching their heads. Saw something called EquityZen (where I learnt the term 'accredited investor') which said it offered pre-IPO shares, but now it's only letting me 'indicate interest.' I figure it won't be long until we get a date and thus I want in before all the shares get gobbled up. Anybody got any suggestions? [link] [comments]  |
| Best stocks to sell covered calls on? Posted: 03 Dec 2020 12:30 PM PST I like the idea of selling covered calls in order to add extra profit besides the stock price itself. I'm searching for stocks with upwards potential for the future, preferably quite some volatillity (higher option prices) and not to high share price (pref <25usd my account is not large enough to hold multiple 2500 usd positions). Currently i hold 100 pltr shares as this is a company that completes all of these checkboxes in my opinion. I was wondering if there were any other similar stocks out there. [link] [comments]  |
| Posted: 03 Dec 2020 02:53 PM PST Hello reddit, I'm looking for an etf that has a strategy based on buying tech companies that have mid market caps < 3b and have very high growth potential operating in large markets and with credible teams Some examples, obviously not giving any investing advice, could potentially be stocks like lemonade or jumia. Thanks [link] [comments]  |
| Interest in a Stock Research Management Platform? Posted: 03 Dec 2020 12:08 PM PST Hi All - I currently work for a small registered independent advisor (4 employees) and we had a problem where our research on assets (stocks, bonds, etc) was fragmented, lacked transparency and collaboration. I used to work at JP Morgan and BofA (and other big funds) where we use expensive research management platforms like Bloomberg, Sentieo, BipSync and others but they range between 10k-30k a year per user. At my small firm we currently use google docs and shared drives but it does not really fit our need so I created an internal product which solves our problem. Imagine it as any existing Customer Relationship Management platform but instead of "Customers" it would be "Investments". All real time data on stocks/bonds/etc and allows to take notes, upload files, etc with a group of people. Ability to create due diligence / a thesis and share it (we do this with clients). I thought even a public version could do some cool social sharing here on reddit. I was curious if there would be interest in me making this public for "retail" to use so please do let me know if there is interest from the community. (or if you know of a product like this). I just thought it would be a cool tool for retail users to have access to. I believe equity markets are becoming more democratized and the playing field is leveling. These big institutions are losing their upper hand to real time news, data and inside information. Smaller players, and retail, for the first time can compete but I know for a fact they often lack some fundamental tools to do so. Let me know if there is interest and I can put something out there. Thanks for your time! [link] [comments]  |
| Posted: 03 Dec 2020 04:15 PM PST Fellow investors, any of you got into OpenDoor merger via $IP0B? I recently included $IP0B to my portfolio. Not aiming to pump and dump. I honestly believe they have very good growth potential. We are moving into a digital realm where everything is or will be done online. So why not selling/buying houses online. Get rid of all the manual inefficient lengthy processes by involving multiple middlemen and make it easy by automating it. Selling houses online will get rid of extra unnecessary costs that come into play when going through banks, and agents, and lawyers, and brokers, etc. Look at how Carvana is becoming more mainstream. Went from $20 to $200+ in 3 years. Look at Wayfair. Look at chewy. All these other successes tell me OpenDoor is in the cusp of something very big. It could literally become the next big platform of all home buying/selling transactions. I am optimistic. I see potential. Any thoughts you guys have? [link] [comments]  |
| Why isn’t Amazon the best bet for the future? Posted: 03 Dec 2020 10:08 AM PST It doesn't seem like e commerce will ever slow down, they're the far and away leader, AWS is doing great, I just don't see any catalysts changing. Antitrust law is not going to meaningfully impact amazon. Why won't they hit $4000 next year? [link] [comments]  |
| Value stocks so underrated they’ve become growth stocks Posted: 03 Dec 2020 11:19 AM PST Not much else to add. My value turn around plays have been up 50% in the last 4 months and I'm wondering why people are talking about stocks such as WYNN,MGM Air Canada etc all skyrocketing in value Jesus Christ even Canadian bank stocks have been soaring and you would think it's the ceiling but I'm consistently waking up to 3-4% days and people are still hooked on PLTR and shit. Like I get it I'm invested in riskier plays like VRYYF and planet 13 but I'm getting the same gains atm from these relatively safer long term value bets because every investor that actually looks into the market is realizing where it's heading. To summarize recovery stocks are doing better then growth stocks at the moment, who knows if it will continue but people should research into the value plays long term because some of them are positioned for very good long term success. [link] [comments]  |
| Should I withdraw some of my gains too pay off debt? Posted: 03 Dec 2020 08:21 AM PST I grew my account from $800 in March too roughly $23k in December. I was grateful for nearly 100% gains. However I wanted too be a long term investor. But as I'm only 27, I was thinking of withdrawing most of that too pay off a huge chunk of debt. Should I do that? Edit: I was half asleep when I wrote this, but throughout the year I did add more cash, roughly 5-6k? But if I withdrew half of that balance I could get rid of two credit cards, and a few small things. [link] [comments]  |
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