$Palantir (PLTR.US)$ maybe if they get a 5 trillion dollar o...
$Palantir(PLTR.US$ maybe if they get a 5 trillion dollar order the stock will move a dollar
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
945Followers
11Following
7046Visitors
Follow
Shogun80 : Patience running out?
10baggerbamm OP Shogun80 : no I said it to be a bit humorous
Julien198142 : haha yeah. i hoped for at least a dollar to get out of my calls and start buying shares instead
Pawtastic : 10 trillion order can move up $1.50. haha
rennymc Julien198142 : Good because options destroy stocks. Every time someone sells an option it’s 100 more shares for HF to manipulate.
10baggerbamm OP rennymc : you really don't know what you're talking about. if I buy 10 contracts that's equivalent of a thousand shares that I control and I have the right to exercise at any point in time at a predetermined date is when it expires and a predetermined strike price where I would be at or in the money. in exchange for this option I pay a premium. the vast majority of time somebody is long the stock and they're selling somebody a covered call and you're buying that option to exercise and take their stock. there are times that people sell a call naked but that's not that often or sell a put naked but again that's not the norm so when you say every time it's one contract it's a hundred years to be manipulated it's a bunch of bullshit you don't know what you're talking about. 90% of the time someone that buys an option is wrong and that option expires worthless and it doesn't make any sense for them to exercise that option and take the stock because they are out of the money and you could buy that stock at any point in time in the open market for less than what the strike price is.
rennymc 10baggerbamm OP : You’re so graceful in displaying your point of view. Every option that’s sold throws 100 shares back in to buy. Any reason for the severe anger issues?
10baggerbamm OP rennymc : you're assuming that 100% of all options are going to be in the money and exercised and 90% expire worthless that's why what you're saying is wrong. I can tell you as a matter of fact in tens of thousands of option trades in over 35 years there's only a handful times that I was out of the money and I got exercised if I was on the selling of a call if I sold a put and I'm out of the money I was never put the stock. it doesn't increase the float when there's options it sometimes increases volatility on expiration day that's basically it and then it goes back to the old normal the following Monday..
rennymc 10baggerbamm OP : You don’t understand what I’m saying and, honestly, I don’t care to explain. When you say things like your first sentence, it’s really not worth my time engaging with you.
p.s. I’m only talking about 100%, not 190%.
10baggerbamm OP rennymc : 100% of all options is every contract 90% expire worthless it's not 190%, it's a percentage of
View more comments...