BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BIMMERPOST Universal Forums Off-Topic Discussions Board So if you had $50K to invest, where would you put it?

Post Reply
 
Thread Tools Search this Thread
      06-04-2020, 12:16 PM   #1123
BimmerDimmer6
Captain
BimmerDimmer6's Avatar
United_States
1472
Rep
826
Posts

Drives: 2016 F80 M3 6MT / 2019 Raptor
Join Date: Apr 2020
Location: Tampa Fl

iTrader: (0)

Quote:
Originally Posted by Bimmer Nerd View Post
Yea, watching my puts go to 0 right now

The fed tapered their corporate junk bond/ETF buying from $75B/day to $4.5B/day and market still being pumped to this level is crazy to me.

Fortunately, my puts are far enough out till late June/July where we can still have a market correction, but for now they're not looking that great.
What is your upside/downside on those puts?
Appreciate 0
      06-04-2020, 12:30 PM   #1124
Rmtt
Colonel
Rmtt's Avatar
United_States
8206
Rep
2,250
Posts

Drives: 2011 BMW 128i, 2008 LS3 C6
Join Date: Jan 2019
Location: South Carolina

iTrader: (3)

Quote:
Originally Posted by Nuckle View Post
I never bought as I was out of cash. I have some cash again, what's a good number to buy back in?
Try BIOL at .52 ...I think it can go to around .95.

VISL has to many people chasing it now!
__________________
Everybody has a gameplan....until they get punched in the mouth.
Appreciate 0
      06-04-2020, 12:34 PM   #1125
Rmtt
Colonel
Rmtt's Avatar
United_States
8206
Rep
2,250
Posts

Drives: 2011 BMW 128i, 2008 LS3 C6
Join Date: Jan 2019
Location: South Carolina

iTrader: (3)

Quote:
Originally Posted by Zara View Post
Anyone invest into any cannabis companies?
Hexo as Jordan mentioned and....because:
Attached Images
 
__________________
Everybody has a gameplan....until they get punched in the mouth.

Last edited by Rmtt; 06-04-2020 at 12:40 PM..
Appreciate 1
      06-04-2020, 12:35 PM   #1126
Nuckle
Captain
2186
Rep
600
Posts

Drives: 2023 Defender X
Join Date: Aug 2017
Location: Birmingham, AL

iTrader: (0)

XSPA volume is crazy! Hit $2 a minute ago.
Appreciate 2
Rmtt8206.00
      06-04-2020, 12:39 PM   #1127
Nuckle
Captain
2186
Rep
600
Posts

Drives: 2023 Defender X
Join Date: Aug 2017
Location: Birmingham, AL

iTrader: (0)

Quote:
Originally Posted by Rmtt View Post
Quote:
Originally Posted by Nuckle View Post
I never bought as I was out of cash. I have some cash again, what's a good number to buy back in?
Try BIOL at .52 ...I think it can go to around .95.

VISL has to many people chasing it now!
Got in BIOL at .50 thanks!
Appreciate 2
Rmtt8206.00
      06-04-2020, 12:41 PM   #1128
Rmtt
Colonel
Rmtt's Avatar
United_States
8206
Rep
2,250
Posts

Drives: 2011 BMW 128i, 2008 LS3 C6
Join Date: Jan 2019
Location: South Carolina

iTrader: (3)

Quote:
Originally Posted by Nuckle View Post
Got in BIOL at .50 thanks!
Keep an eye on her. She runs hard and fast!!! Already up .04 .
__________________
Everybody has a gameplan....until they get punched in the mouth.
Appreciate 1
Nuckle2186.00
      06-04-2020, 01:04 PM   #1129
Jordan's World
Private
Jordan's World's Avatar
United_States
428
Rep
73
Posts

Drives: 2013 128i M-Sport Coupe
Join Date: Nov 2019
Location: Orlando, FL

iTrader: (0)

Regarding SGBX.

Name:  original_217165961.png
Views: 1094
Size:  241.2 KB
Appreciate 0
      06-04-2020, 01:04 PM   #1130
E92inNC
Captain
E92inNC's Avatar
1705
Rep
606
Posts

Drives: E92 335i
Join Date: Jun 2010
Location: woods by the sea

iTrader: (2)

Quote:
Originally Posted by tnsatbhs View Post
No, you should be able to right away. Are you putting your orders in for extended hours trading? TDA defaults to day orders, which won't execute before 9:30 or after 4:00
Thanks, I’ve been buying and selling using the default limit orders. Was just learning about stop limit, market, aon, gtc . Just haven’t gotten to the extended hours yet, will get to all of the acronyms and meaning soon.
Appreciate 0
      06-04-2020, 01:10 PM   #1131
Rmtt
Colonel
Rmtt's Avatar
United_States
8206
Rep
2,250
Posts

Drives: 2011 BMW 128i, 2008 LS3 C6
Join Date: Jan 2019
Location: South Carolina

iTrader: (3)

Quote:
Originally Posted by sxyblue View Post
Thanks, I’ve been buying and selling using the default limit orders. Was just learning about stop limit, market, aon, gtc . Just haven’t gotten to the extended hours yet, will get to all of the acronyms and meaning soon.
Like I mentioned earlier...just pick (Day+ext) for extended hours in the "Time In Force" drop down. I use it exclusively.
__________________
Everybody has a gameplan....until they get punched in the mouth.
Appreciate 1
E92inNC1704.50
      06-04-2020, 01:12 PM   #1132
E92inNC
Captain
E92inNC's Avatar
1705
Rep
606
Posts

Drives: E92 335i
Join Date: Jun 2010
Location: woods by the sea

iTrader: (2)

Quote:
Originally Posted by Rmtt View Post
Like I mentioned earlier...just pick (Day+ext) for extended hours in the "Time In Force" drop down. I use it exclusively.
Thanks, will do.

Just added some cash. Are there besides biol you recommend I look at between today and tomorrow?

Or just add to what I already have. Current penny stocks are seel, poai, xspa and snca.
Appreciate 1
Rmtt8206.00
      06-04-2020, 02:34 PM   #1133
Bimmer Nerd
Major General
Bimmer Nerd's Avatar
United_States
516
Rep
7,787
Posts

Drives: 6MT F80
Join Date: Jun 2008
Location: Santa Monica, CA

iTrader: (11)

Quote:
Originally Posted by BimmerDimmer6 View Post
What is your upside/downside on those puts?
I have puts in SPY and AXP. Both which I'm down on as we speak, but I just bought them last week so theres still plenty of time to go.

AXP - 95p - 06/19
SPY - 295p - 06/19

Rmtt Thank you for the XSPA play. Was up 95% this morning when I checked. I'll ride it for a bit longer, but put a stop loss just in case.

Edit: Also, keep in mind. You don't necessarily have to hit the strike price to make money with options. Over 70% of the options are sold prior to the expiration date due to the time decay.

Last edited by Bimmer Nerd; 06-04-2020 at 02:53 PM..
Appreciate 1
Rmtt8206.00
      06-04-2020, 02:36 PM   #1134
premier3is
Major
premier3is's Avatar
1627
Rep
1,002
Posts

Drives: 2019 BMW 330i M-Sport
Join Date: Jul 2019
Location: CA

iTrader: (0)

Quote:
Originally Posted by premier3is View Post
Quote:
Originally Posted by premier3is View Post
Anyone playing any long deep out of the money calls on AAL? I'm talking like $20+ calls... They are dirty cheap, Jan 2021 20 call for 1.20. Cant determine if its worth the risk since I am not hedging the position, just going for a straight crap shoot lol.
this call is now $2.10 lol.
Now it is 3.30 lol. Too late now, AAL is rocketing today.

Here's my stupid mistake this morning I bought the 25 call for Jan 2021 for 1.15, felt like I made a hasty decision, sold it after like 15 min for 1.12 for a 3 cent loss per contract.

It is 2.05 right now. Fuck me, once again lol.

Next time I'm buying and not looking at them for weeks if the expirations are out that far.
Appreciate 0
      06-04-2020, 02:51 PM   #1135
Bimmer Nerd
Major General
Bimmer Nerd's Avatar
United_States
516
Rep
7,787
Posts

Drives: 6MT F80
Join Date: Jun 2008
Location: Santa Monica, CA

iTrader: (11)

Quote:
Originally Posted by premier3is View Post
Now it is 3.30 lol. Too late now, AAL is rocketing today.

Here's my stupid mistake this morning I bought the 25 call for Jan 2021 for 1.15, felt like I made a hasty decision, sold it after like 15 min for 1.12 for a 3 cent loss per contract.

It is 2.05 right now. Fuck me, once again lol.

Next time I'm buying and not looking at them for weeks if the expirations are out that far.
Haha, the options learning curve is a steep one.

My .02 cents. Check your options in the first hour and last 30 minutes of trading so you don't make yourself go crazy.
Appreciate 1
premier3is1627.00
      06-04-2020, 02:56 PM   #1136
SwaledaleDubz
Registered
8
Rep
4
Posts

Drives: Bmw 320D Lci
Join Date: Nov 2019
Location: North Yorkshire

iTrader: (0)

If I had 50k usd I'd have invested it in games workshop shares in ftse100 under GAW they were at £35 a share beginning of April....now thatd be worth 118k usd, shame I only had a couple hundred £££'s lol, if I had it right this second I'd go with Meggitt also in ftse100 were at £1.96 now at £3.41 on the way back to £7ish nice quick money doubler.
Appreciate 0
      06-04-2020, 03:04 PM   #1137
RedScytheM3
Science stuff and stuff
RedScytheM3's Avatar
United_States
395
Rep
414
Posts

Drives: 2008 E92 ///M3
Join Date: Jun 2018
Location: Houston

iTrader: (0)

This thread is a good resource. Keep it up! I was messing around and bought 10 shares each of AAL and JBLU a few weeks ago when both were around $9/share
Appreciate 1
      06-04-2020, 03:08 PM   #1138
BzsBimmer
Major General
BzsBimmer's Avatar
3235
Rep
6,707
Posts

Drives: '23 G80 FO M3, M3 & MY Tezzy's
Join Date: Mar 2006
Location: Nor. Cal

iTrader: (32)

XSPA was fun today. Nail biter toward the end of day. Off to buy a Tomahawk steak for the win lol
Appreciate 2
Rmtt8206.00
      06-04-2020, 03:28 PM   #1139
Zara
Lieutenant
United_States
611
Rep
434
Posts

Drives: 2014 335i
Join Date: Jun 2017
Location: Chicago

iTrader: (1)

Quote:
Originally Posted by Rmtt View Post
Hexo as Jordan mentioned and....because:
Thanks guys, I'll definitely check Hexo out.
I just sold all my PLUG shares after today's run and made some decent returns that I want to reinvest into the cannabis industry. I got a couple hundred ACB shares at the moment that I'm planning on holding long term but would love to get into some other ones as well.
__________________
2014 335i 6MT /// Mineral Gray - Red Coral
| M Perf Spoiler | M Perf Lip & Diffuser | M Perf Grilles | M Perf Side Splitters | M Perf CF & Alcantra Interior Trim |
| Wagner Evo II FMIC | VRSF DP | AA CP | CTS Turbo Intake | MHD Stage 2 Tune | H&R Sports | Bilstein B8s |
Appreciate 0
      06-04-2020, 03:37 PM   #1140
Jordan's World
Private
Jordan's World's Avatar
United_States
428
Rep
73
Posts

Drives: 2013 128i M-Sport Coupe
Join Date: Nov 2019
Location: Orlando, FL

iTrader: (0)

I really don't know how some guys do this swing trading crap for a living. I'm literally losing sleep over a few grand tied up in some penny stocks, I can only imagine the mental toll on someone who has hundreds of thousands at stake.

I mean, it's totally normal to check your accounts 100 (+) times per day, right? I had to order a Mophie battery case for my iPhone because I can't keep my brokerage app closed when I'm at work.

It's fun, and I'm making money, but a little stressful.

Appreciate 3
tnsatbhs120.00
Rmtt8206.00
kb2wji184.50
      06-04-2020, 05:12 PM   #1141
Rmtt
Colonel
Rmtt's Avatar
United_States
8206
Rep
2,250
Posts

Drives: 2011 BMW 128i, 2008 LS3 C6
Join Date: Jan 2019
Location: South Carolina

iTrader: (3)

Quote:
Originally Posted by sxyblue View Post
Thanks, will do.

Just added some cash. Are there besides biol you recommend I look at between today and tomorrow?

Or just add to what I already have. Current penny stocks are seel, poai, xspa and snca.
Let me look at my stuff in the morning and get back with you. I like to swing trade more than day trade....so you aren't having to watch as closely as you have a few days to let it develop.
__________________
Everybody has a gameplan....until they get punched in the mouth.
Appreciate 0
      06-04-2020, 05:12 PM   #1142
premier3is
Major
premier3is's Avatar
1627
Rep
1,002
Posts

Drives: 2019 BMW 330i M-Sport
Join Date: Jul 2019
Location: CA

iTrader: (0)

Quote:
Originally Posted by Jordan's World View Post
I really don't know how some guys do this swing trading crap for a living. I'm literally losing sleep over a few grand tied up in some penny stocks, I can only imagine the mental toll on someone who has hundreds of thousands at stake.

I mean, it's totally normal to check your accounts 100 (+) times per day, right? I had to order a Mophie battery case for my iPhone because I can't keep my brokerage app closed when I'm at work.

It's fun, and I'm making money, but a little stressful.

Lol, definitely not good for your health that's for sure...

I try to avoid the whole swing trading shit tbh, too much stress. And for a few grand it's truly not worth the toll it takes on you.

Haven't traded options in a while and once I bought a few contracts today, I remembered how it's just contestant refreshing screens and shit.
Appreciate 0
      06-04-2020, 05:14 PM   #1143
Rmtt
Colonel
Rmtt's Avatar
United_States
8206
Rep
2,250
Posts

Drives: 2011 BMW 128i, 2008 LS3 C6
Join Date: Jan 2019
Location: South Carolina

iTrader: (3)

Quote:
Originally Posted by Jordan's World View Post
I really don't know how some guys do this swing trading crap for a living. I'm literally losing sleep over a few grand tied up in some penny stocks, I can only imagine the mental toll on someone who has hundreds of thousands at stake.

I mean, it's totally normal to check your accounts 100 (+) times per day, right? I had to order a Mophie battery case for my iPhone because I can't keep my brokerage app closed when I'm at work.

It's fun, and I'm making money, but a little stressful.

You learn to step away from it. I have alerts set that tell me if i need to look at something.
__________________
Everybody has a gameplan....until they get punched in the mouth.
Appreciate 0
      06-04-2020, 05:16 PM   #1144
Rmtt
Colonel
Rmtt's Avatar
United_States
8206
Rep
2,250
Posts

Drives: 2011 BMW 128i, 2008 LS3 C6
Join Date: Jan 2019
Location: South Carolina

iTrader: (3)

Quote:
Originally Posted by BzsBimmer View Post
XSPA was fun today. Nail biter toward the end of day. Off to buy a Tomahawk steak for the win lol
AH right now...it's 2.03.

And that 8k filing was just someone excising their option to take the stock at a rate agreed upon months ago.

It made a lot of Bears happy for about 5 minutes....but I didn't blink. Lol.
__________________
Everybody has a gameplan....until they get punched in the mouth.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 08:57 AM.




bmw
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST