Reddit Stock Forum

Rafey Jan : can you show me you how do place calla and puts for few times ... and you take profit

Ken Griffin Charity OP Rafey Jan : i sell them. you should understand that selling options carries quite a lot of risk and isn’t for beginners

Rafey Jan Ken Griffin Charity OP : lets say as start, can you just start with only $100 to keep risk contained.

Ken Griffin Charity OP Rafey Jan : when you sell options, you get paid upfront. but if the price of the underlying stock goes too far off in the direction you don’t want, you can incur much higher losses. unless you have a lot more capital, i recommend sticking to stocks.

Tyler0710 : The 20-day moving average should provide support.

别急着入场小心陷阱 : when it will rise up again

10baggerbamm OP 别急着入场小心陷阱 : well this was a Miss for the quarter so it's going to consolidate a lower levels and then it has to build a base so a base is not one day you're talking minimum 7 to 10 days the longer the base the better because you want to flush out anybody who does not want to hold on to the stock. this company is kind of like a Facebook they're just starting to monetize through advertising and they have the best go-to site in the world if you have a question or need or want to learn about anything there's a group. when you think of a search I hate to say if people go Google because they branded the name like coca cola that's why you have these shit bags in Europe that are going after them because they have 90% of the search cuz they're fucking idiots they never heard of perplexity which is much better but anyways off topic.. the reality is next quarter is what's important so there's only going to be a long time where it has to hopefully sell off another 20%, get rid of the bubble that it made get rid of the momentum I was in this set 55 to $65 in that band and it traded for a month and a half 2 months and then it broke out with earnings and gapped up so it needs to come down to the last leg.. and then next quarter is going to be very critical that this was a 1/4 aberration and their advertising is picking up and their eyeballs and time span everything all the matrix that there being evaluated to are getting better. I don't think it's a rush to buy I really don't.
most of the time when momentum stocks break they come down further than what everybody thinks it causes a lot of pain if you're buying late in the rally and I know this from first hand experience all too often over my lifetime of this and some relatively recent.
so you monitor it I don't know how much money you're working with but this would be one that after it's stabilizes I would buy a quarter of what my total dollar amount that I would want to own so if there's $10,000 I'm working with 2500 and then what I would do is $5 under the price that I bought the stock I'd sell puts an equal amount of contract (s)
and that way you collect the premium so 10 contractors 1,000 shares that's obviously not what we're talking about you would be one contract and you keep collecting the premium as it's going through its cycle building a base and you also can sell calls against your position $5 above your position if you get called away you make the $5 but you make a little bit of money on the call option side that you collected.
I think a lot of these stocks that were the momentum that blew up like him hers they're done I don't care what the CEO says I listen to his comments today that was pure momentum their goose is cooked and anything that has that same chart pattern stay away from on the downside because they fall a lot more than what everybody thinks and it takes a hell of a longer for them to stabilize build a base.
if you go back and look what I said about Walmart it was $90 last earnings it rallied up over a hundred and I compared so many tech companies to Walmart I'm like look man this thing's trading at 38 times earning so one point it was 41 times earnings that's asinine yes they use technology yes they use robots for picking inventory and all that crap in warehouses but it's overvalued would you rather own a technology company grow and get 30% revenue and earnings or Walmart going at low single digit and now you see the impact of Walmart when the dollar got stronger they got hammered
so don't go balls out crazy anything that went up 45° or more just stay away from because they're going to come down much steeper much deeper and it will take that much longer for them to begin to recover

JunHaoT 10baggerbamm OP : This is the best comment ever!