Stock & Crypto Thread

[kevin]

spy puts next week?

kind of feel like we're going to hit a multi week sideways trading stalemate again it's just a matter of when it hits.

then it's iron condor season again. which is boring as fuck.

[JBB2]

Not so sure about the put feel better about a straddle

After the move a condor environment could be it.

What do you think of this one

• $952 credit

• Tight to the money

• Good deltas, in the .40’s

• Enough time

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[kevin]

straddles are for women and the homosexuals

iron condor. now that's a name.

sounds like something they'd name a tank commander in WW1.

[JBB2]

Interesting. Your condor is just 2 straddles.

[JBB2]

The condor is a net credit spread.

For those that might not know, it gets its name from its risk profile diagram shown here above the bid sheet. It resembles a condor.

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I’ve only sold options to create income, buy low or sell high. It even works sometimes.

[kevin]

The straddles are divided and cancel each other out.

Pre algebra stuff bro.

[JBB2]

Putting things in perspective:

The major crashes are highlighted. Each one was the end of the world for somebody.

https://www.investmentwatchblog.com/sp- ... l-crashes/

Chart formations dominating on the right become insignificant on the left

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[JBB2]

This one could be similar to the 2 month Covid drop-down. As people realize tariffs will strengthen America in many ways all bringing investment, employment and prosperity fear will subside.

Compare that future to the last 50 years that saw the system become so corrupt, dysfunctional and wasteful it was running up debt of over a trillion/year until the courageous Elon Musk, under the authority of the great man of our time President Trump, put on the brakes at 36 trillion in debt.

Elon Musk, humanitarian and one of the great business minds of all time, has paid 10 billion in taxes.