How come you are not trading options?

How come you are not trading options?

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Learning puts through YouTube is convoluted as shit

i don't know how.

1. i live in eastern europe, so by default i am fucked
2. i don't know how anyway so
fuck me i guess?

What are you shorting?

It's not that hard. You just buy a few really cheap contracts until you learn.
Puts for downies calls for uppies

This. How did you learn guys? Also which brokers in canada that can trade options?

The S&P500 (SPY)

How did you learn op

r/wallstreetbets

i am i just keep losing

I already sold it retard. You think I'm going to sit on gains like that and not sell?

I'm just sitting on 2 AAL calls that are a hail Mary if they get a bailout before friday.

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specifically what? which inverse ETF and are these friday buys or did you buy this morning

Lol dude search by ticker.
I bought puts on SPY the ticker is SPY
Lmao you probably shouldn't try options

>buy put
It moons
>Buy call
It dumps

That's why. Fuck options.

Screenshot of my positions I had going into this morning.
The prices reflect the Friday trump pump.

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options gamblers like to post their massive daily gains, but are very shy about posting their massive all time loses

similar situation to shitcoiners, timid with losses gloating over gains

for every 1 person who pulls off a 10 bagger there are 10 or more who get raped

See

>tried to sell as my profits spiked 2700 bucks
>my biggest postition plummeted so RH said "teehee I'll just turn this into a limit sell and you won't actually sell lol"
Oh well, learned my lesson to set a limit sell beforehand, made a decent gain today though

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what app?

>futures more profitable and less complicated.

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Hope my friday expiry AAL calls print, trump said he's gonna take real good care of the airlines so im confident

Robinhood but it's pretty terrible for trading options. More of a buy and hold stocks type of thing.

Didnt they fuck over a ton of people with (((bad coding))) Does this app tell you what to buy and sell and when?

holy brainlet

The same reason I'm not playing roulette.

Cause it's already too late

How come you aren't trading forex?

Because last week JDST went up 100% but then today, JNUG spikes 100%

fuck that shit

Think I did okay

Using puts is good for insurance, if you have a sizable stack you can defend yourself from sudden crashes like the one you see right now. Not convinced whether trading it daily is good or not (probably not).

Of course I fucking forgot to attach my screenshot.
Sold at open but saw the value before market close. It's fucking going for 12.40. Fuck me. Gains are gains though

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Options are indeed extremely fun.

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Wow.

Robinhood isnt available in aus

stock options are for 30 year old boomers

you're retarded

What indexes do you guys recommend getting into?

See idk what a ticker is. Just spoonfeed me. Be a good person.

this

If you hate plebbit there is a wsb Discord which is way better

I am.

Already cashed out around 50k too. Get rekt nothingburger shills

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Link?

Extreme levels of risk make it unviable for long term. What you short term fags dont get is that in order to make huge amounts of profit you can hit it quick and then quit, you need a long term sustainable practice for making money.

Every single time compounding a boring old index beats everything else. Just alone from the tax benefits of it.

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Why not short the fuck out of the current covid-19 volatility and then start investing in the cheap stocks after it starts ti bottom out

Low IQ post. Coronavirus gives you a never ending stream of bad news to push prices down and a guarantee to play out within a 3 to 6 month time frame, which makes any out of the money put option insanely cheap in terms of value, as most other traders are valuing them using black Scholes which assumes the share price is on a random walk

keep losing money cryptofag

Can you go into debt if your call goes under or do they just liquidate your account like bitmex?

>Ill just time the market
If you can tell me tomorrows lotto numbers then you can tell me when to time the market. No one can ever say how long markets will rise or fall, that's fundamentally why switching tactics never works. Yes you could go short the SP500 right now, but the question is: for how long?

If you get this wrong, you could literally stand to lose everything and then some, shorting has infinite liability, if the virus comes under control and the market starts rising quickly you might not be able to sell fast enough.

Also, you still pay tax on all these transactions, as you buy into, sell out, and short the market. Whereas someone who owned the SP500 before the crash, buys more after the crash, and keeps buying, never has to pay a cent of tax.

>a guarantee to play out within a 3 to 6 month time frame
Tell me tomorrows lotto numbers.

Realized or unrealized?

Sadly not, cant easily into options as a europoor

using leveraged certificates instead, made +200% from shorting DAX today and friday

I really want to learn I just dont know where to start

>this is relevant to what I posted how

Actually this is low IQ. When the market finds a bottom and you're forced to cover your put you'll be a bagholder as a retail fag. You could easily lose everything you've gained in about fifteen seconds. All it takes is a major headline on Drudge that "the cure is here" or some such shit and you're wiped.

Have fun with it if you want but don't pretend it's anything more than a casino unless you have early access to news stories or own a media company yourself.

No one can time the market and no one can predict the future.

Kek I've shorted airlines, cruise operators and hotel chains faggot, there's no way they're recovering.