Atlanta news, weather and sports. Some users trade them very profitably, such as u/MRPguy and many in the past. Seems like this could serve as a good "official" thing. Margin: A margin account lets a person borrow money (take out a loan essentially) from a broker to purchase an investment. Also, since the present value of your futures contract is included in your margin calculation then if it goes strongly in your favor your position can quickly grow to cover its own margin and you can let it ride for a while. However, XOM ends up never reaching anywhere close to the strike price, and the options expire worthless. This stands for implied volatility. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. The higher that is, the higher the options will be priced Volatility is the extent to which the return of the underlying asset will fluctuate between now and the option's expiration. Here are the advantages: Leverage $5k is the margin requirement for most contracts. A bagholder is the 59 year old guy at the grocery store who won't quit his Job because he knows he only has to wait another year until he gets a return on his investment (of his life). Hedging Going long and short in various non correlated or negatively correlated assets to seek out a high sharpe ratio and have a higher risk free return that is market neutral. In addition to that, it holds high intrinsic value / price per share, and a week of time value. You get what you pay for. Which one of us is the faggot, and which is the autist? FAS - Financial Bull, specifically FAS seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000 ® Financial Services Index. Decorate your laptops, water bottles, helmets, and cars. While some say the David vs. Goliath battle between hedge funds and WSB/Reddit traders is still playing out, the latter appears to be on the back foot after a major plunge on Monday. If you're trading SPY options you're doing it wrong. WSB is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms The Free Dictionary Get your self deep in the fannie. Ask your Grandpa, you want options or futures. What are futures? Please make sure all comments and submissions adhere to the content guidelines. That same Joe Shmoe later buys FEB 17th XOM calls at 90, hoping for similar results. But I believe this will serve its purpose, and maybe help to promote new ideas from moderately educated traders. They will hedge with the underlying futures until their minimum profit is the risk free interest rate. ITM, In the money - In the money means that a call option's strike price is below the market price of the underlying asset or that the strike price of a put option is above the market price of the underlying asset. UPRO - S&P500 Bull 3x ETF, essentially tracks the S&P500 and multiplies it’s returns by 3x. Intrinsic Value: The intrinsic value is the actual value of a company or an asset based on an underlying perception of its true value including all aspects of the business, in terms of both tangible and intangible factors. Later we find proof during his livestream of AAPL earnings that he was paper trading. An expiration date in derivatives is the last day that an options contract is valid. Spreads Just like you can trade spreads in options, you can trade calendar spreads in futures. 2015: Photos from the 3rd annual meetup are posted. Is he dead? Someone attempts to show how selling covered calls is idiot proof, but gets lazy, bets all six figures on Apple, and suffers significant losses. ARRY - A biotech champion that prevailed after a lot of failures and huge losses in the biotech sector. Ask away. You can go long or short the near month expiration and the opposite for the far month. A great example of these factors in action is TSLA. Meaning for every movement within the underlying index or stocks, the 3x ETF moves well.... 3x as much.. JNUG - 3x Gold Miner Bull - A hit or miss, has extreme intraday movements and essentially tracks GDX (gold miner’s index). What fun would it be without options? Have you considered futures? Say today is Monday. Ask him the questions that aren't stupid. To explain how stocks work, let's define a few terms. 60% of your profit from futures will be taxed as a long term gain and 40% will be taxed as short term gain. Okay, a lot of you have been YOLOing on faggot delights on SPY options. One of the most active mods. This one is for you r/all. Or, realistically, a place to come and upvote memes when your portfolio is down. You must follow the rules listed here to participate in this forum. This one is for you r/all. Bagholding or a Bagholder - When you're stuck with the most ass trade of your life, because you know it'll go back up. Join us on r/algotrading if you want to explore more! Get up to 50% off. u/world_chaos - some fucking college student with some real net worth. Silver’s Reddit surge has been extraordinary. Most people know what a stock is, but how and why stocks move is a different story. Options are truly the ultimate way to achieve maximum risk/reward. It’s the gamers gambit. You'd need ~5 contracts per 120k so you're already eating $2.5k/$120k - 2% interest rate a year for that leverage. A ER analyst saying "I think this stock is a buy" because of XYZ, is not at all comparable to "buy this stock to fuck Melvin." It took my over 3 hours to write up, so I eventually grew tired and probably have missing spots. Forex has long trading hours like futures but does not have the tax benefits. Should you buy one share of AMZN or one share of GOOGL? TSLA’s options are among the most expensive for companies in its price range, why? But for a reason. How does everyone feel about following wsb together and then discussing things in this thread? As a general rule, an option will lose one-third of its value during the first half of its life and two-thirds during the second half of its life. Options Of course there are options. -Futures 101 - The Ultimate YOLO Guide (thanks to u/IncendiaryGames). In appropriate cases the administrator of this forum may also report violations to the proper regulatory agencies or bodies. Is he alive? For example with the E-mini S&P 500 with 5k you're trading $120k worth of stuff. Pull up an options chain now on any stock (penny stocks and specific stocks do not have chains because of their market cap). Add common terminology to the list. When you are ready to take an entry point or execute an exit point, waiting till the volatility (candlesticks) thin out is one method to give you best trade possible. Your mother won't. This is to serve as a reference what values we hold, what instruments we use, and as a general place to educated the uneducated. Donald J Trump - He is the Marmalade Manchurian, the Tangerine Tycoon, and our spray tan Stalin. It isn't a place to learn, but a place to plan out where you will dock your yacht. Swing trading Trying to guess/predict/ride sudden market momentum. The goal of this is to actually create something that all of you WSB newbies can read - because we’re all tired of seeing the endless wave of uninformed and unavoidable stupidity from those who have never touched the stock market. To help us moderate, we've increased minimum requirements to submit posts and comment. Ok. Highly volatile stocks are ones with extreme daily up and down movements and wide intraday trading ranges. Automated/algorithmic trading For you programmer geeks out there it's really hard to algorithmic trade on small accounts due to pattern day trading rules and economies of scale with broker fees. Daddy? Sound confusing? Time decay really hits the worst the week of expiration. Research what you're trading. WSB is one of the last interesting places on Reddit that shows up on the front page. If you want to know what an ETF is we've got you covered. Why are you sitting on a 5k emergency fund that is making you less interest in a year than what I just made in 10 minutes? Sarcastic answers are the only thing of true value here. Press J to jump to the feed. This concept makes options a commodity themselves. Okay, so what is an equity/stock? Cuck - Truly the worst thing you could be. In a completely unrelated event, the wsb banner is changed to thousands of ejaculating dicks. Looking for online definition of WSB or what WSB stands for? SPAN will greatly reduce your margin requirements if you hold uncorrelated or inversely correlated positions (up to an 80% discount, here is a list of groups that give discounts) and if you hedge with options. WSB COMMUNITY has 73,276 members. Volatility, as expressed as a percentage coefficient within option-pricing formulas, arises from daily trading activities. He repeatedly bets five figures on AAPL calls before earnings. Dividend: This is a portion of a company’s earnings that is paid to shareholders, or people that own hat company’s stock, on a quarterly or annual basis. Exploiting outdated SPAN margin guidelines There are several out of date correlations between popular futures like oil and say things like wheat that SPAN gives you margin credits on. Tendie money is usually shameful and insignificant, but at least it got you tendies. Submission should've been a Comment in the Daily Thread, No Pump & Dump, Crypto Discussions, Schemes or Scams, No Advertisement, Self-Promotion, Fundraising, or Begging, Press J to jump to the feed. 54 votes, 32 comments. “WSB feels like it’s the working class vs. the hedge funds. The actual derivation of the time value of an option is a fairly complex equation. TWTR - WSB likes to buy put option contracts on her. This is an important concept for securities investors because the closer you get to expiration, the more of a move in the underlying security is needed to impact the price of the option. No wash sales. Jnug will usually move with a pretty strong correlation to gold, which is affected by the mentioning of rate hikes (negatively), movement of the US dollar (inversely), uncertainty (positively), and supply and demand. Unique Wsb Reddit Stickers designed and sold by artists. There are a lot of things you can trade to use the money you have to make more money. Volatility: The WSB favorite. Trade your hearts out. WSB is a place where you can take out thousand dollar loans, refinance your homes, cash advance all of your credit cards only to put it all on JNUG, and we will still love you. An option is a contract that gives the buyer the right to buy or sell 100 shares of a stock at a certain price, on a certain date. Even today they are so deep ITM that the options you would need to use have 0 open interest and a bid-ask spread of $5 per share (so $500 per contract.) Tendies - Tendies are what you get after you make a small amount of money. Who gives a fuck. In total, Joe Shmoe Yolo spends $600 dollars + commision on this trade. Also a good read is the beginners guide to FNMA. And tendies. The index tracks a hypothetical position in the nearest-to-expiration NYMEX light sweet crude oil futures contract, which is rolled each month into the futures contract expiring in the next month. "I SOLD AMD TODAY FOR A $13 DOLLAR PROFIT, GOING TO MCD's TO GET MY TENDIES". We just want it to be the same as or better than it was 10 years ago. Get trading on how the S&P 500 index will react to news from China right away. SPAN Margin If 24x overnight leverage and 240x day trade leverage didn't give you a hard on there is also SPAN margin, which is like portfolio margin on steroids. In an options pricing, you see IV. Futures can move suddenly and a sudden movement can make you lose a ton of money. It's doubtful you won't get much past the ask as its only market makers providing liquidity and guess what the market maker will do if you buy/sell the option? Is up 400% since gaining traction on WSB. Is he is mother? Up ~300% since getting traction on the subreddit. Basically scalping is using tiny momentum as usually there are small micro patterns in futures buying and selling activity where it will rise or fall a couple of ticks. Time Value: Time Value = Option Price - Intrinsic Value. JDST - The inverse 3x etf of JNUG - or the bear etf. r/wallstreetbets, or r/WSB for short, whose tips and tactics have shown an uncanny ability to … Martin took the time to make a post on this reddit and it is up $5 dollars since. Strike Price - the price at which a put or call option can be exercised. What are Awards? But those mobs have claimed some wild gains, a … Now that these terms are defined, let's move into the details of why this is even useful. WSB holds a large cumulative position that can be seen below. The constant whining about how "wsb isn't what it used to be" continues. And the mayhem is spreading,” CoinDesk reported Wednesday. Just remember holding past Dec 31st will treat you as if you closed all your positions that day and you'll be taxed on unrealized gains. Time is your enemy; the further out the expiration date, the less time decay there is. Jartek & AP have an epic options vs pennies battle - they both lose a couple of hundred bucks, but we are entertained, and WSB is officially born. Most people on WSB do not exercise the contracts, but merely flip them for increases in value as the underlying moves. I mean what a horrible take. Trade your heart out on the more volatile future then when you're done close your safer future pair. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000 ® Financial Services Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. Anyone holding SUNEQ is the definition of a bagholder. Decay refers to derivative trading (i.e. This will hedge out any sudden market moves as that would likely affect both months. Who knows. They move up or down depending on market forces, and can range from pennies to thousands of dollars per share. You can trade stocks/options, futures, and forex. The man has been called "The Great Inverse", and for a good reason. Exclusive: WSB Founder J. Rogozinski on GME, What’s Next for WallStreetBets ... a group of Reddit traders totally upended the financial world. Futures are the best way to trade for most serious day traders. Truly the strongest technical indicator. AP blows up his retirement, swears off pennies and moves onto bitcoins. To begin on the subculture, we should define some key moments in the sub's history. Now what determines the pricing of options? Modpocalypse occurs. UGAZ - Natural Gas 3x Bull ETF - essentially tracks the price value of the commodity Natural Gas, but more specifically the S&P GSCI Natural Gas Index ER. We find that Reddit Shadowban Test Tool is the most accurate and trustworthy service because, unlike alternatives such as Reddit Showban Tester , … MAGIC. WSB FAVORITE EQUITIES: Of many equities, WSB favors the riskier ones - but avoiding penny stocks is a policy. Bull markets in general tend to increase the price of the near month faster than the far month. It is a uniquely beautiful community focused on praising its biggest losers as much as its biggest winners. My fingers aren't enough. Exemplary of a social media platform that is unable to monetize itself. For the past 180 days /ym - /es has been really profitable. So you could just go to WSB instead of reading this book, you will have more fun and might even learn something. Buying calls is taking a bullish position in its most extreme form. If an investor chooses not to exercise that right, the option expires and becomes worthless, and the investor loses the money paid to buy it. Press question mark to learn the rest of the keyboard shortcuts, Stronger than both of your mom's bfs combined. Joe Shmoe Yolo just turned $600 into $3500 dollars. A very debated character for very stupid reasons. We all want it. Press question mark to learn the rest of the keyboard shortcuts, https://www.reddit.com/r/wallstreetbets/comments/414blh/yofuckinglo_900_to_55k_in_12_days/?ref=share&ref_source=link. Hundreds of random users are added as moderators for a few months. World Financial Group (WFG) is a multi-level marketing company based in Johns Creek, Georgia, a suburb of Atlanta, which sells investment, insurance, and various other financial products through a network of distributors in the United States, Canada, and Puerto Rico. Originally they were used by farmers to sell future crops early and guarantee some amount of sales. If you have a 50% chance of being wrong and losing $200 or 50% chance of being right and gaining $800 then over time you'll gain more than you lose. u/theycallme1 - Educated trader, and mod of WSB. A CALL - is the right to buy. LABU - Tracks the Biotech sector, or specifically 300% of the performance of the S&P Biotechnology Select Industry Index ("index"). This term is usually used to define either weekly, or daily option plays on the SPY/SPX. Unlike options, futures is a contract where both the buyer and seller is obligated to perform the transaction by the expiration. This group is for the WSB Community! Unlike stock options each contract gives different number of future contracts. HISTORY: (As made by u/digadiga) + my additions. Reddit Shadowban Test Tool is a third-party web application that utilizes Reddit’s API to test for shadowbans. u/Jartek - Founder of the sub, original yoloer. SPX isn't better, it's bid ask is 22 so you'd be eating $2.2k/$120k - 1.83% interest rate. THANKS FOR ALL OF YOUR INPUT, ACTUALLY MAKING WSB GREAT AGAIN, MODS: Can we make this editable by others mods or something? TSLA has extreme intraday movements and calls have an implied volatility of 40.92%. 3X ETFs track 300% of the underlying movement- not the dollar amount of the movement. Feel free to day trade and blow up your account as often as you want! Where a bunch of dudes hang out on the romantic beaches of Guerrero Mexico. Each day the stock doesn't move closer to your strike price or remains stagnant/drops, you lose value on your option + the time decay. GILD - A Shkreli pump and dump? u/Fscomeau - The Canadian as some call him, and perhaps one of the most profound internet trolls of 2016-2017. Volume: The number of shares of stock traded during a particular time period, normally measured in average daily trading volume. 2013: /u/americanpegasus discovers pennies. Futures are what you want. 23/7 and day trading Ever get in and out of an equity only to have your broker yell at you to stop doing that or deposit $25k? Conversely, in options, only the seller is obligated to perform. If you can guess the direction 50% of the time and have trades like this: trade 1 - gain $800 trade 2 - lose $200 Then you may profit over the time period. Futures is probably the best way to get your feet wet. Spread: The difference between the bid and the ask price, Bid Price: The current price in which someone wants to buy at, **Ask Price:**The current price in which someone wants to sell at. Online mobs from the subreddit r/wallstreetbets (WSB) are not coming for the stocks in their portfolios of blue-chip dividend payers. Some brokers go as low as $500 an /ES future. NVDA has been a sexy semiconductor leader. The difference between the amount of the loan, and the price of the securities, is called the margin. WallStreetBets WSB Logo Wall Street Bets Stock Market Pullover Hoodie. FSC is featured on several market related articles and newspapers, showing up on yahoo, etc. Scalping With high frequency trading scalping is less guaranteed. One approach is to buy or short in your direction and put in a stop loss to an amount you're comfortable to lose (say $200.) The value of the index fluctuates with changes in the price of the relevant NYMEX light sweet crude oil futures contracts. Moving Average: A stock’s average price-per-share during a specific period of time. WSB demographics show a primarily capitalist and right wing (or at least joking to be so) point of view, and thus we are generally pro trump. Check our WSB Options Trading Guide for more information. Take whatever position you want in oil (/cl) then take the opposite in something that doesn't move much day to day with less volatility such as /w (wheat)) and your /cl and /w positions will get a 75% credit, giving you 50% more buying power on crude oil. Yes, you could do the same with options but even on SPY deep in the money call leaps are illiquid and have a time premium. Alright, so half you are going to understand this, and half of you are not. And if you don't like it, you can all go fuck yourselves. Any raised hands can redirect themselves to here: http://www.investopedia.com/articles/investing/082614/how-stock-market-works.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186. Time value is determined by the expiration date. But after an influx of unvetted new users, we've fallen into disrepair. Specifically, An ETF, or exchange traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Meaning; WSB: Wall Street Bets (Reddit community) WSB: Wage Stabilization Board: WSB: Windows Server Backup (Microsoft) WSB: Washington Savings Bank (stock symbol) WSB: Water Soluble Bag: WSB: Woodbury School of Business (Utah) WSB: World Savings Bank: WSB: Welcome South Brother (radio) WSB: Web Service Broker: WSB: Dark times for WSB. Your failure to comply with these rules may result in your permanent banishment from this forum. Hedge with the right option or asset and now you have up to 500x day trading margin. The next day, AAPL leaps to 130 upon great news. /r/wallstreetbets is a community for making money and being amused while doing it. Robinhood gets popular. A low volume average day in the S&P 500 (/ES) for one contract can swing +- $500. Investors on Reddit have launched an attack that’s both trolling and serious on Wall Street firms by purchasing shares in GameStop, pushing the stock price up over 480% in a week, costing hedge funds millions of dollars, and skyrocketing young investors’ portfolios and egos. Due to a recent margin call after a sequence of poor trades, our sub can no … CALLING ALL NEWFAGS AND NORMIES. Time value is basically the risk premium that the option seller requires to provide the option buyer the right to buy/sell the stock up to the date the option expires. Newcomers are usually berated upon asking the inevitable stupid questions that they could learn slowly from reading here, or just using a damn search engine. Why the heck would I want to trade futures? Which is fairly high. Being in the money does not mean you will profit, it just means the option is worth exercising. You buy a call expecting WSB to take you to the moon and beyond. AMCX Stock Soars on Reddit Confusion. Martin Shkreli visits the sub and proclaims that GILD pharma is worth over $100 a share and is deeply undervalued. FNMA / pfds - Mnunchin, Trump, Big fat fannies. White or transparent. BASICS/EQUTIES Skip if you understand basic stock stuff. Nearly all of the trades or statements he made on WSB were completely wrong or mostly wrong. You can also trade 23 hours a day. And the racetam family. When investors buy options, the contracts gives them the right but not the obligation, to buy or sell the assets at a predetermined price, called a strike price, within a given time period, which is on or before the expiration date. Paging u/theycallme1 u/CHAINSAW_VASECTOMY etc. Welcome to the world of investing made easy. Mostly inactive. Roasts people often and roasts them good. AP has seen the light, and is a penny stock evangelist. Some people choose to leverage their stock portfolio and you can get the exact leverage ratio of liquid investments to future ratios. Martin Shkreli - An idol to many WSBers, Martin stands as the master of the biotech sector. Up roughly 1400% as of 2/7/2017 since WSB first mentioned it. Is he banned? Since then futures have expanded not just to commodities but currency and equity indices like the S&P 500. (2 positions * .25 = 0.5). Even later, FSC writes a near 200 page book called "Wolfie Has Fallen" describing how he trolled the entire internet, some following him into that AAPL trade.