Welcome Guest ( Log In | Register )

15 Pages « < 2 3 4 5 6 > » Bottom

Outline · [ Standard ] · Linear+

 USA Stock Discussion v8, Brexit: What happens now?

views
     
Davidtcf
post Apr 5 2022, 03:37 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Ramjade @ Apr 5 2022, 03:04 PM)
Cause options is leverage. When you buy leaps options when price is down, when the stock price recover or shoot up, your options value shoot up more than the stock price.

You then sell your options for money. There's no rolling.
You can sell it or some hold until like say 6 months until expiry and them sell it off cause beyond 6 months the options value will decay very fast.

That's how Nancy pelosi and husband makes money by buying deap in the money call options on companies like crowdstrike, Tesla, Nvidia when it's cheap. Nancy pelosi and husband have been outperforming the s&p500 and nasdaq100 because of their options.

That's how some people become rich on Tesla when no one wants it.they loaded up like crazy. Then when Tesla shoots up, their options increases multiple time.

That's how deepfvalue got rich through GameStop saga. He bought 2 years call for like 13-15. When GameStop shot up to like 1xx, his options became worth millions.
*
but if prediction goes wrong.. or some unforeseen thing happens.. can end up lose money also. And the amount lost much greater than buying stocks.

This post has been edited by Davidtcf: Apr 5 2022, 03:37 PM
Davidtcf
post Apr 5 2022, 04:34 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Ramjade @ Apr 5 2022, 04:25 PM)
Actually no. Maximum you lose is the amount you paid for 1 contract. That's it. Nothing more or nothing less.

Buying 1 contract = 100 shares but = lesser value than buying 100 shares outirght. Don't believe me go and do a simple Google of buying saying say 100 Tesla shares Vs buying 1 deep in the money call options for Tesla. See the difference?

If the options is deep in the money, you can exercise the options you bought or 100 shares. Those 100 shares is worth something provided the company is still around. biggrin.gif
As long as any options is deep in the money it will auto exercise upon expiry date.

You will lose money only if the company goes to zero. Buying 1 contract will make you lose less money Vs buying 100 shares outright if the company goes to zero.

But if your are selling naked calls the risk can be a lot if you domt have the collateral to back it up.

I am talking about buying deep in the money calls here.

Another strategy you can follow is chicken genius strategy. Sell at the money put 1 month out. On expiry date, just buy back the put to close it. But he only does it on Tesla.
*
complicated.. need to research more on this first before trying options rclxub.gif

been watching youtube and read about it but still don't really get it sweat.gif
Davidtcf
post Apr 5 2022, 04:39 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Ramjade @ Apr 5 2022, 04:35 PM)
See my edited reply. biggrin.gif
Go watch Benjie options, pandrea finance, dream green show. That's basically how I learn my options.

I am not as brave or as loaded as chicken genius.
*
thanks... will check it out. Hope it isn't time consuming need to keep monitor.

This post has been edited by Davidtcf: Apr 5 2022, 04:39 PM
Davidtcf
post Apr 6 2022, 10:22 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(TOS @ Apr 6 2022, 12:05 AM)
Chinese Executives Sell at the Right Time, Avoiding Billions in Losses

A review of regulatory filings finds that insiders at Chinese companies sold large stock holdings just before sharp declines

https://www.wsj.com/articles/chinese-execut...share_permalink
*
normal for china.. insider trading won't get caught.
Davidtcf
post Apr 6 2022, 10:52 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(jon0000 @ Apr 6 2022, 10:46 AM)
What platform do you use to trade us market in my ?
*
IBKR as it is the cheapest. Check Ziet Invest youtube videos. Very detailed guides there.
Can either use Wise or CIMB SG to transfer funds to IBKR.

35cents per trade for US stocks. Cheapest. (make sure change to tiered pricing at settings)

Davidtcf
post Apr 6 2022, 11:29 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(ozak @ Apr 6 2022, 11:01 AM)
It only cost me 0.01, 0.02 or 0.04 to trade. Expensive wan is foreign stock 0.25 to trade.

CS
*
Irish domiciled ETFs per trade will cost around USD1+ too. But long term will earn on dividends since it is 15% witholding tax rather than 30% for US etfs.
Davidtcf
post Apr 7 2022, 08:55 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Ramjade @ Apr 7 2022, 08:12 AM)
Good they open mouth cause market seems to forget that feds need to hike interest rate aggressively.
Time to wait for fear to set in and scoop up the bargains.

As an investor, I love red market. The redder it is and the longer it is the, better for me.
*
Fed need to keep remind people and confirm that there will be 6 times interest rate hikes left.

That will keep the market in reality check rather than keep up down = false optimism.
Davidtcf
post Apr 7 2022, 09:49 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(ChAOoz @ Apr 7 2022, 09:02 AM)
Not just rate hikes to neutral but also QT and plus slowing corporate earnings due to reduce consumption and higher production prices.

Everyone is seeing whether the fed can tame inflation without pushing the economy into a recession. Not an easy task
*
likely recession already soon with such high interest rates.. 6 times interest rate hike is no joke. Will result in companies will try cut cost since bank loan expensive.

This also means more people losing jobs or getting pay cut. That will end up in less money to spend by the people + less growth = recession.

This post has been edited by Davidtcf: Apr 7 2022, 09:50 AM
Davidtcf
post Apr 7 2022, 02:24 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(RiriRuruRara @ Apr 7 2022, 01:56 PM)
Hi sifu's, wta do your think twitter be one of those stocks that shoot up a ridiculous amount in a short time like, AMC and GME?
Hoping not to miss another one of these movements things....
*
not sure if can sustain high price.. if you bought it before Elon Musk announcement then would have earned a lot.. right now if buy hard to say. Depends what the future of Twitter looks like.
Davidtcf
post Apr 11 2022, 11:22 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


what happens if example you're so confident Palantir will have its price drop, and you short on it...

then suddenly Wallstreetbets reddit people come in and pump the price.. that will not be good for your shorts and incur losses on your end? like what happened to Gamestop few years ago.
https://markets.businessinsider.com/news/st...entioned-2022-3

seems like calls is a safer bet.
Davidtcf
post Apr 13 2022, 03:02 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


Moomoo just called me informing me that buying US stocks now have 0 fees (starting today). I checked their website and found that it is true:
https://act-sg.moomoo.com/welcome-act

Anyone tried?
She had just whatsapp me also to provide more info.
Davidtcf
post Apr 13 2022, 10:27 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Lon3Rang3r00 @ Apr 13 2022, 08:36 PM)
hmm.gif  Regards to this, i got a question. Isn't Irish Domicile ETF more expensive? I saw in IBKR that cost $1.7 per transaction, can't really DCA every month as LSE doesn't allow fractional shares.
*
Buy more la each transaction at least few thousand RM to make it worthwhile. RM2-3k is a good amount for 1-2 ETF.

Every time buy 50-100usd then of course will lose out to fees in the long run.

You can save up 2-3 mths first before transferring them to IBKR to invest. While waiting put them in KDI save, Go+ Etc MMF funds that can withdraw fast.

Also remember you get to save 15% dividend tax for Irish domiciled ETFs. For US you need to pay 30% dividend tax. If it’s accumulating ETF type also it will affect the dividends received there.

Davidtcf
post Apr 14 2022, 08:46 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Lon3Rang3r00 @ Apr 13 2022, 03:21 PM)
hmm.gif  Sounds good, i can save $0.35 per trade for DCA, like this means i can DCA $5/day without worry. how the forex rate with moomoo?

user posted image
Source:   MooMoo Pricing
*
QUOTE(xander83 @ Apr 13 2022, 04:11 PM)
Platform fee free 1st year after that 0.99usd a year with free trade from now on? hmm.gif
*
Sorry overlooked your msgs yesterday. The currency exchange as below. Can only check when in the app:

user posted image

And yea 0 fees is for this year only. Next year have 99 cent platform fee per trade. Is it worth using this over IBKR for this year? Too bad can’t buy Irish domiciled ETFs here.. only US related available.

This post has been edited by Davidtcf: Apr 14 2022, 08:47 AM
Davidtcf
post Apr 14 2022, 09:51 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Lon3Rang3r00 @ Apr 14 2022, 09:19 AM)
It's depend on how frequent you trade per year, it's worth it if you plan to DCA everyday to multiple stock, but if DCA monthly the only difference probably is $0.35 x12 = $4.2? (multiply by the number of stock you plan to DCA). But like you mentioned it's only for a year. Unless you're lucky and got the Tesla share from them.
*
need to count the cost of transferring from Malaysia to SG bank too..
seems like transfer SGD has higher cost than transfer USD:
https://wise.com/my/pricing/send-money?sour...R&targetCcy=SGD

will just stick to IBKR.. less headache sweat.gif

for the free stock just deposit SGD2.7k and hope to get lucky. Just need to keep money there for a month before can unfreeze the free stock (no need buy any stocks also ok). Ya if lucky can get x1 Tesla.. (likely just a dream tongue.gif )

This post has been edited by Davidtcf: Apr 14 2022, 09:53 AM
Davidtcf
post Apr 15 2022, 01:38 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Lon3Rang3r00 @ Apr 14 2022, 09:33 PM)
Heard from Ziet video that direct transfer Wise to IBKR will have an issue. Is it still an issue now? i only know $2 is guaranteed conversion if from CIMB SG to IBKR.
*
So far all my Wise transfer to IBKR no issue. My last one took me up to 3 days tho which kinda spooked me. I logged a case with IBKR and they told me they not able to track the money if I use ACH. They recommend me to use bank wire transfer (which is what SG bank to IBKR is). Also if u use Wise u need to keep all the receipts of transfer in case if IBKR were to audit you one day (got ppl kena before and they shared the email that IBKR sent).. just to make sure it’s your money.

After this will try SG bank to IBKR. Heard it’s much faster.. fastest someone got the money was in 15 mins.

This post has been edited by Davidtcf: Apr 15 2022, 01:41 AM
Davidtcf
post Apr 19 2022, 01:12 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Lon3Rang3r00 @ Apr 15 2022, 09:39 PM)
user posted image

Learnt something new, there's actually Public Holiday for US Stock Market
*
Yes depends where that stock market is based at. If irish domiciled type then need check UK Ireland holidays.

SG will close on SG holidays etc.
Davidtcf
post Apr 20 2022, 07:07 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


Earnings season boost to US market:
https://www.marketwatch.com/story/u-s-stock...-up-11650359188
Davidtcf
post Apr 20 2022, 03:52 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Lon3Rang3r00 @ Apr 20 2022, 02:24 PM)
The reply is mostly irrelevant to the post so i just put a spoiler there. I stumble on the post regards to Netflix one of the FAANG, i'm wondering the public can create such a crash on the stock market, it's only 200k of subscriber lost and they down 25% instantly.... people mad selling the stocks.  sweat.gif  Netflix does have the potential to grow, even slight increase their fee already can make a lot of profit.
sometimes it create opportunities for a good buy.. usually these companies will recover from such hiccups and their stocks will rise again after several future earnings report. Is whether we have the $$ and have confidence to invest in them or not..

just see Volkswagen price now.. in the past (year 2015) they were caught cheated with the diesel emission scandal.

same can be said with recent FB earnings causing their price to drop..

also travel/ tourism related industries.. they will likely recover strong in these few years as the Covid pandemic is slowly dying off due to cure + vaccine.

This post has been edited by Davidtcf: Apr 20 2022, 03:55 PM
Davidtcf
post Apr 21 2022, 09:10 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


Brace for Tesla stock shooting up:
https://www.cnn.com/2022/04/20/business/tes...ings/index.html
Davidtcf
post Apr 21 2022, 11:51 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Lon3Rang3r00 @ Apr 21 2022, 10:16 AM)
Yes It's almost net off from the loss before market close, but Q2 might not be good (don't quote me on this). Given the Shanghai Giga Factory production line got interrupted by Covid-19 lock down, will expect a lot of order not able to fulfil. Will look into it, my position still at a lose average at 1180. Entered at the wrong timing.
*
got many Tesla supporters here that will debate with you till you give up haha... biggrin.gif

so far Tesla much positives little negatives. But future no one knows. If invest a bit should be ok, I will wait stock split first before buying some later this year.

This post has been edited by Davidtcf: Apr 21 2022, 11:51 AM

15 Pages « < 2 3 4 5 6 > » Top
 

Change to:
| Lo-Fi Version
0.0522sec    0.18    7 queries    GZIP Disabled
Time is now: 6th December 2025 - 10:43 PM