Meme stocks

AMC

and a few more

Yes there are many...what are you trying to say?

just getting a list going.. these guys are pretty fun 

have you tried? 

AMC 57.00

BB 14.05

BBBY 30.16

WEN 24.38

SKLZ 19.82

AMD 84.56

NIO 47.36

AAPL 131.79

RUN 52.16

I worry the meme stock fiasco is going to end badly for all those millions of new brokerage account owners  that were opened in 2020.  No trading commission costs be damned !!  So many young people not really knowing what their doing, but feel justified when as a collective unit they can take on short sellers... I will stay tuned for how long this will last,  but their  inexperience tells me it will end badly for millions of Reddit traders 

*they're*

@Rush51

I was surprised by some of these long runs, so I'm enjoying it while it lasts 

WISH 13.50

DASH 173.21

SPOT 245.60

London-based hedge fund that bet against GameStop shuts down - FT | Reuters

NKE 154.35

FDX 291.95

TTD 76.02

MSFT 265.02

LLY 230.22

LAZR 24.27

PLTR 26.78

Just wait till some of those newbie traders get involved with options.. Woooooo BOYYY..  That's the stock market on crack! Fast and quick cash! Take what you make with these "meme" stocks and multiply by a factor of 5-10x profit BUT it goes BOTH ways.  Granted, they obviously won't have the balance for some of the options strategies (selling/shorting "naked" put options) but unloading the whole account on call options that expire out of the money before the expiration date will make ya go 

Literally  right before your eyes.. All you see is the

0.00 

for your account balance... 

Well, maybe 0.89... 

The fastest I ever made some cash with options was when I bought some weekly VIXX call options (value increases when the stock market drops) with 2 days until expiration (even more volatile the closer it is to expiration). The market at that time was extremely volatile and I made $4.5k in less than 3 hours. I immediately sold the call options after it dropped from $5k to $4.5k..  Of course, the market went up the next day, thus making those VIXX options worthless even before the expiration date on Friday..

"Selling/shorting "naked" put options" = shorting/writing a put option but the investor has to have 100 shares of the underlying stock in order to "write/short" 1 put contract. Naked = not having the actual stock. The only accounts that can use this strategy are accounts with 6 figure plus balances. There fore, if the put contract "is in the money," the account will automatically have the contract fulfilled..

The appeal about you writing/shorting a naked put option and it "expires out of the money," is that you get to pocket that premium for "writing" that put option..  Basically, selling something virtual and making actually money off of it if it doesn't drop to a certain price..

By writing a put option, you are "selling" insurance to people who have 100 shares of the stock (going long) if the price should fall below the put contract's face value. The put option will cover any losses from that point and beyond...

NTLA 163.71

CRSP 155.88

JNJ 168.98

U 106.09

@TheSquare

 any options strategies that you favor

@maxwagers781

 Sorry to disappoint you about your options strategy question but, No, I do not have any strategies that I favor.

I am not a professional and liscensed therefore, I cannot give out adivce. I will however say this.

The internet is amazing. With the wealth of free information that is at your finger tips, read, read and read. Don't ever pay for any information or "system."

Now the scary thing about the financial world are the:

High frequency traders (HFT's) and sophisticated, wall street/hedge fund computer programs close to the exchanges.

These programs trade within milliseconds (probably even faster than that due to their proximity to the exchanges) of hearing financial news, that it makes "unfair" for the average individual investor. We really are at a huge disadvantage here against these hedgefunds/ HFT programs but they are the future of investing.

Most options and stock market "plays" have already been "combed" through by an HFT program or some high paid Wall Street analyst who has access to more informarion than the average investor.

IMHO, it really is unfair investing in the financial markets but in the end, of the choices given (work, saving in a bank, gambling, sports betting, opening a business, investing in the financial markets, real estate, etc)I prefer investing in the financial markets due to the smaller amount of startup capital than the other choices availabe..

I would think thay you can take $5 million from the financial markets and nobody will care. That's like taking a crumb from a bakery. Win half a mill from the sportsbook and your betting limits will get significantlly reduced. 

@TheSquare

CERE 23.49

CPNG 42.13

FB 350.42

STMP 325.84

SNOW 264.92

ABNB 138.73

SNAP 77.97

TDOC 151.59

WMT 142.43

AN 116.72

RIOT 28.10

MARA 24.64

KR 39.89

DIS 181.08