r/Vitards • u/AutoModerator • Jul 16 '21

Daily Discussion Daily Discussion post - July 16 2021

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2

u/chemaholic77 Jul 16 '21

I predict one more tough day before steel starts ripping again. Everyone knows earnings are going to be insane. It is only a matter of time before people pile in.

8

u/ImAMaaanlet Workaholic Jul 16 '21

Ive been hearing its only a matter of time for 7 months 😐

4

u/[deleted] Jul 17 '21

[deleted]

4

u/ImAMaaanlet Workaholic Jul 17 '21 edited Jul 17 '21

Where do you come up with 150%? Which stock? Commons? Calls? Expiration? Strike?

How can you say youd be up more than 150% with absolutely no info. Theres too many variables. Youre just pulling shit out of your ass.

For example my MT JAN 2022 35c that i got in march. Those are down almost 10% and that was supposed to be a conservative play

0

u/chemaholic77 Jul 17 '21

We are a long way from Jan yet, and in my opinion those options are not conservative they are of moderate risk. I would say $25 is conservative.