Heres your play

whats the best strike? as close to the current price as possible?

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Will this bring down all markets?

monkeymiles.boardingarea.com/wow-reuters-essentially-says-cftc-gave-capital-one-waiver-avoid-major-margin-call/

>Your

interested, what strike for 6/19

Nice, so OP knows a bit more than what the public knows if he isnt lying about "I just know of atleast 2 big boys will try to short them within 2 weeks"

I don't have specific numbers other than the big guy will be "way out of the money" on longer dated puts. I did 35$ june and 32.5 Sept. But honestly I don't know.
I don't know. I think the Fed is back stopping everything. We are definitely due for a correction but no one believes they will bail out a bank , especially with predatory lending and derivatives that they shouldn't be doing.

Thanks for the tip dude, gonna pick up a couple contracts.

Are you the Buffetfag from last week? I’ve been watching COF today after what you said was going to happen.

Buffetguy also talked about hawaiian airlines. Young new owner in charge. Said it will be all over the news on Monday or Tuesday. Yet, nothing. However, I agree that COF is worth shorting

Don't know who the buffet fag is but I don't like him. Cof ate huge losses in q1, claiming corona, however it didn't even hit us then. They lost a billion dollars on everything else. That was not with oil at $0. Look at the contract now, basically going to $0 again. They got a hand out from the gov but not a bail out as people are describing, they just extended how long they got to clean up their act. Problem is, oil keeps dropping. Couple that with the fact they just give cards to fuckin anyone , they literally are giving it to the shit people who won't pay

Thanks for sharing info with us, user. Apreciate it

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So what you are telling me is that I should get a capital one card and max it out on puts for capotal one.

Is this the guy that told us about the stock to get in and out of before 1:10 pm a few weeks ago

Companies die but debts don't. Try it tho
Nah not me

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I'll give on more that someone with money told me he's doing. He's shorting Tyson foods I believe may 15 contract. Due to the supply chain shit. However he told me that it's risky, he said earnings will probably decent but guidance shit. The other thing is he is afraid that Trump talks about getting our supply chain back online asap. So the other thing he bought was calls on that beyond meat. I know nothing about either, I'm not in either but he is. So take it for what you will.

I have no reason to trust you but I bought 2 puts just for fun. Let's see what happens.
I've already been short Bank of America as well as foreign banks (Indian and Korean) so adding another bank short seems to line with my thesis.

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I like the India play. Any reason for Korea?

I’m still a brainlet with put and calls how do I do them and what are they

No real specific reason other than its foreign, propped up by America as everything is. Contracts had volume too as opposed to others. I'm short BOA on a slightly longer time frame because they own a lot of foreign debt. I didn't do a ton of research because 4 contracts isn't a particularly large amount of money, just a play to see if I'm right.

options are like futures, but the seller has the OPTION of executing the deal at the strike price rather than being forced to.
Put options are the opposite of call options, they're for when you want to short the market. To buy a put, you simply buy a call at a strike price lower than the market value. This gives the seller the option of selling you the shares at the given price.

good info. any tips for play indicators? RSI over bought/sold, or is that just a meme?

>be a poorfag who put $1000 into his rh acct last week
>already down nearly 50% on a bad SNAP put and likely a bad AMD call
>see this thread
>realize I will never make it with how little money I have and how badly I understand the market
Anyway thanks for advice user, maybe if I exit my current positions I will buy one contract lol

get 2k for RH gold and utilize the 1k margin no interest
calls/puts are pretty risky so maybe hold some shares where you don't lose 100% equity

Every indicator is a meme. It's all lagging and at best just a confirmation that your original idea was correct. No indicator predicts the future. Price and volume are the only 2 things you really need to make good plays

Honestly was considering RH gold for that very reason, but I can't justify putting in another $1k at this point (would be $1.5k how with losses). Maybe once I work my way back up. And about half my remaining positions is in a couple of stocks so I won't lose everything - not like my purchases were very informed, mind you.

I have SQ puts but I think a short squeeze is coming.