The Rokslide Stock Traders Thread

Joined
Jun 11, 2017
Messages
553
Location
Weminuche
Got on Kronos early this morn PT. I think it still has some room to move up.
TGB is what I’m watching close. Grabbed a small portion middle of the day. Should get a bunch more in the morn.
 

Pro953

WKR
Joined
Sep 27, 2016
Messages
608
Location
California
My SLV is up over 100% since I bought it in March. The question is.......how high will silver and gold go.

We use a fair bit of gold and some silver based material in our plant, so we see some forecasting for precious metals material demand. All I can say is we are increasing our inventory right now as the expectation is that the price will continue to climb for a while.


Sent from my iPhone using Tapatalk
 

NDGuy

WKR
Joined
Feb 13, 2017
Messages
4,127
Location
ND
Up big on Aphria $6 calls exp 8/21

Aphria looking like the leader of Canadian pot companies. They seemed to be turning the ship around from 3 years ago.
 

NDGuy

WKR
Joined
Feb 13, 2017
Messages
4,127
Location
ND
Can someone please explain to me about calls, puts, and options?

Essentially buying the right to purchase 100 of one stock at a set price with an expiration date.

It's pretty much gambling on the company doing well or worse by a certain date. You can sell your right to purchase the shares instead of exercising the option to buy. It's very dangerous and I only started dipping my toes into it.

Highly suggest reading before engaging in it!
 
Joined
Oct 12, 2014
Messages
1,071

Essentially buying the right to purchase 100 of one stock at a set price with an expiration date.

It's pretty much gambling on the company doing well or worse by a certain date. You can sell your right to purchase the shares instead of exercising the option to buy. It's very dangerous and I only started dipping my toes into it.

Highly suggest reading before engaging in it!
I'll read. Been Googling but I aint sure on all the lingo. Thanks for dumbing it down haha. I won't be doing none of that

Sent from my SM-G970U using Tapatalk
 

NDGuy

WKR
Joined
Feb 13, 2017
Messages
4,127
Location
ND
I'll read. Been Googling but I aint sure on all the lingo. Thanks for dumbing it down haha. I won't be doing none of that
Good call, you can definitely make some good money and it's a great way to provide insurance for a large position you invest in a company. But you can lose money very quickly.
 
Joined
Oct 12, 2014
Messages
1,071
Good call, you can definitely make some good money and it's a great way to provide insurance for a large position you invest in a company. But you can lose money very quickly.
I'm totally new to the game. Playing around 10 30 50 stocks at a time. With about 700ish dollars. Im skittish to buy and lose amd so forth so learning how to do the research amd such. Seems.so hard.to find something with few day swings cause folks short all the.stocks so much

Sent from my SM-G970U using Tapatalk
 

pods8 (Rugged Stitching)

WKR
Rokslide Sponsor
Joined
Mar 12, 2014
Messages
4,457
Location
Thornton, CO
Can someone please explain to me about calls, puts, and options?

Sent from my SM-G970U using Tapatalk
Options are calls/puts. Call is selling or buying the right to shares on a date. Put is buying or selling the right to sell shares on a date at a given price.

Conceptually you are trading the frosting on a cake w/o buying the cake itself, as such the a percentage movement of the base stock will push the option prices around in a much larger magnitude. That means big gains or big losses.

Selling uncovered calls/puts has limitless loss potential. Selling covered calls (you own the stock the shares are sold against the risk is tied to the base stock and also you are agreeing to limit your gains to whatever strike price you sold plus the premium to sell the strike if its in the money at expiration). Buying calls/puts your exposure is the cost of the call/put, you can't lose more than that.

If the stock is climbing (or you think its climbing) you buy calls and sell later at higher cost. If you think the stock is gonna fall you buy puts and sell them later.

Some folks have a hard time wrapping their head around the fact just because you buy a call doesn't mean you have ANY intention of ever actually getting those shares, you're just trading the opportunity. That opportunity has an actual value (any amount in the money) and a time value (all that extra cost) that decays over time, the time value also varies wildly depending on how the option market is feeling about the stock.

I've been dabbling, I'll say you better be ready to ride out some roller coasters esp. if the option isn't very far out in time (less time value which means the movements are amplified further), have had values drop to 50% and then climb to 150% in hours.
 

007hunter

Lil-Rokslider
Joined
Feb 22, 2020
Messages
249
Up big on Aphria $6 calls exp 8/21

Aphria looking like the leader of Canadian pot companies. They seemed to be turning the ship around from 3 years ago.

Earnings tomorrow morning. Sounds like you are holding them thru?
 
Top