The Rokslide Stock Traders Thread

[Crowmangler]

OKLO up 42% today.. didn't buy it yet of course... damn

 

[Rotnguns]

Probably why you are seeing pumps.

Amazon, Google make dueling nuclear investments to power data centers with clean energy

Tech giants Amazon and Google are investing in the next generation of nuclear reactors. Both companies are seeking new sources of carbon-free electricity to meet increasing demand from data centers and artificial intelligence.

apnews.com

AI isn’t going anywhere and the energy needed for computing power is extreme. It is projected to surpass the current power consumption of what is used to secure the btc network, if it hasn’t already.

There is also all kinds of uses for small nuclear which will help provide energy as other systems begin to fall behind on capabilities or failing all together.


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A bit of a tangent, but YES on SMRs. They no longer require highly-enriched uranium to operate and the new designs are safe and can be quickly constructed. This nonsense of covering the West with wind turbines and solar panels needs to stop. SMR's can provide fixed energy from a tiny footprint compared to the millions of acres needed for solar and wind farms.

 

[eddielasvegas]

OKLO up 42% today.. didn't buy it yet of course... damn

Buy on the dip. Down ~9% today.


Eddie

 

[HuntHarder]

Exercised my first option contract today, it was a big hit. A couple months ago I opened some $5.50 puts on LCID. Contract expires tomorrow and today it dropped another 15%. I sold to close my position this am.

Question for you more savvy option traders. Did I have to sell to close today or would my option automatically sold tomorrow upon expiration? I am really green at options, but my first was pretty profitable atleast. Not 100% if I left meat on the bone or played it right?

 

[jbosk15808]

Exercised my first option contract today, it was a big hit. A couple months ago I opened some $5.50 puts on LCID. Contract expires tomorrow and today it dropped another 15%. I sold to close my position this am.

Question for you more savvy option traders. Did I have to sell to close today or would my option automatically sold tomorrow upon expiration? I am really green at options, but my first was pretty profitable atleast. Not 100% if I left meat on the bone or played it right?

First off Congratulations on the win but your making me nervous for your bankroll lol

I would suggest studying and understanding what goes into an option contract pricing (intrinsic and extrinsic value) and how they relate to the greeks of options if you haven't already.

As for what you should have done, it depends on why you bought the put contract for (i.e. protection on LCID stock in your portfolio or cause you were short on LCID). If you did not plan on exercising the put contract (i.e. selling 100 shares of LCID at $5.50) then you did right by selling the contract for what its worth now. You would need to check with your broker on the rules for contracts in the money on expiration day. Some auto exercise if you are penny in the money at expiration date and some need to be manual (call in). It possible that since you were long a contract , the contract could have expired tomorrow and you would have lost all value on the contract. Typically if you are short a contract you can expect to be exercised when in the ITM.

I highly suggest writing out some rules/goals for your option trading and stick to it (i.e. I'm targeting 50% profit and will close if I'm -200% on the trade.) Winging it is dangerous to your wallet especially if you don't fully understand what you are buying and selling and how the contracts work (reminds me look into American vs European option contracts). Stoked for you that you started your option journey on win! Good luck with the rest of it! So much to learn and very fun and rewarding skill to have.

 

[Pharmseller]

Bankrate shows the price history of bitcoin since its first trades in 2009. Back in September of 2010, you could have bought a bitcoin for a dime! So if you bought 1000 bitcoins for a hundred bucks, you'd have over 60 million if you sold now. What was I thinking.... =)

This is what keeps me up at night.





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[Pharmseller]

NVDA hit a 52 week high today but gave half of the green back before close.

I need $185/share.




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[22lr]

This is what keeps me up at night.





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The problem is that math assumes you had the patience to hold it this long, and didn't lose the encryption key... LOL

 

[Pharmseller]

The problem is that math assumes you had the patience to hold it this long, and didn't lose the encryption key... LOL

Don’t pee on my dream, man.



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[22lr]

Don’t pee on my dream, man.



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Its just what I tell myself to avoid the heartache myself...