Last week I went to go outside for a smoke and this other guy was there smoking as well. We got to talking and the talk of options trading came up. I accidentally slipped that I had bought a SPY put to hedge my portfolio. He immediately gets excited takes off his pants and bends over. Didn't realize he was a ππ» this whole time. Ofcourse I obliged cause bers r always fukkd
Last week I went to go outside for a smoke and this other guy was there smoking as well. We got to talking and the talk of options trading came up. I accidentally slipped that I had bought a SPY put to hedge my portfolio. He immediately gets excited takes off his pants and bends over. Didn't realize he was a ππ» this whole time. Ofcourse I obliged cause bers r always fukkd
GME short squeeze
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go πππ
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go πππ
We can't blame market
To be fair "but I poop from there" wasn't an explicit "no". We can't blame market for doing what it did.
To be fair "but I poop from there" wasn't an explicit "no". We can't blame market for doing what it did.
Daily stock prayer
Time for our daily prayer:
Our calls, Who art in PLTR,
Perfect be Thy Timing.
Thy tendies come.
Thy expirations be done,
on earth as it is in Wall Street.
Give us this day our daily Lambos.
And forgive us of our puts,
as we forgive those who buy puts against us.
And lead us not into Debt,
but deliver us unto tendies. Amen
Time for our daily prayer:
Our calls, Who art in PLTR,
Perfect be Thy Timing.
Thy tendies come.
Thy expirations be done,
on earth as it is in Wall Street.
Give us this day our daily Lambos.
And forgive us of our puts,
as we forgive those who buy puts against us.
And lead us not into Debt,
but deliver us unto tendies. Amen
Don't use the "F word" on the trade floor
Just heard an employee use the βF wordβ on the trade floor, and immediately fired them. Maybe other funds will tolerate that kind of language, but donβt you dare talk about Fundamentals here.
Just heard an employee use the βF wordβ on the trade floor, and immediately fired them. Maybe other funds will tolerate that kind of language, but donβt you dare talk about Fundamentals here.