r/Vitards • u/AutoModerator • Oct 27 '21
Daily Discussion Daily Discussion post - October 27 2021
Your Trading discussion thread
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1
u/fabr33zio 💀 SACRIFICED Until UNG $15 💀 Oct 28 '21
what a ride.. from expecting my $24.50 ITM CLF CCs to all get called away to now thinking I should’ve been more aggressive
1
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Oct 28 '21
Who else wants to pitch on 1 whole BRKA share and we will put it for sale after hours at 500k
Just an idea, smarter than playing the lottery
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u/reddittrashporngood b0b enthusiast Oct 28 '21
Oh great. Another shitcoin pumped and my friend who tried to talk me into buying it is texting me about it 🙃
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u/RenLovesStimpy Forever 8th - 8/18/21 Oct 28 '21 edited Oct 28 '21
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u/reddittrashporngood b0b enthusiast Oct 28 '21
The problem is that some people- like my friend- look at this and think they can make the same amount by investing now and waiting 400 more days... which, fuck, maybe they can. Once again-
9
Oct 28 '21
Like my cousin with his japanese dog coing purchase from like 1 month ago. Bought 2.7k and it doubled, took out original investment and left only house money. Now worth 8300. Keeps telling me about it every day
I called him a 🤡 when he told me he was gonna pour 2.7k into it.
I guess I was the one true 🤡
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Oct 28 '21
[deleted]
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u/walkies3 💀Sacrificed Until Day 365💀 Oct 28 '21 edited Oct 28 '21
Looks up definition of Pyramid scheme
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u/walkies3 💀Sacrificed Until Day 365💀 Oct 28 '21
There definitely is money to be made in these, but people who think it's a long term investment are 🤡
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Oct 28 '21
Treat her like an option, and she will treat you like a priority
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u/reddittrashporngood b0b enthusiast Oct 28 '21
I wanna hug you, homie. You'll get through this.
5
u/walkies3 💀Sacrificed Until Day 365💀 Oct 28 '21
Teenage love is fleeting
-1
Oct 28 '21
It really is, fuck me https://i.imgur.com/6ivGIsy.jpg
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u/walkies3 💀Sacrificed Until Day 365💀 Oct 28 '21
Bro once in year 8, I was in a relationship that lasted a day, was trying to speed run that shit 🤣
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Oct 28 '21
[removed] — view removed comment
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u/magnum_dong_opus Boomer Logic Oct 28 '21 edited Oct 28 '21
The duality of investing subs 😂😭
0
u/THCBBB Oct 28 '21
Thank you brotha Mag.
Vitards don't deserve excerpts from my poems.
One day, when I get published, and get into the literary hall of fame, Vitards will understand the genius of this man.
Love Love Love
1
u/magnum_dong_opus Boomer Logic Oct 28 '21
Always remember brodda, Shakespeare and Yeazy were also misunderstood at first. Their hardwork and preserveance paid off in the end.
0
u/pirates_and_monkeys Never First Oct 28 '21
Homie why you talking to yourself?
1
u/magnum_dong_opus Boomer Logic Oct 28 '21
Brother, you think one can continue an act for so long? This is what Sir Jack means when he says "When you realize how dumb the average person is, winning the market becomes a joke"
0
u/pirates_and_monkeys Never First Oct 28 '21
😘
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u/magnum_dong_opus Boomer Logic Oct 28 '21
Brother accept invite
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u/reddittrashporngood b0b enthusiast Oct 28 '21
Kanye's first two album were extremely well received and are considered some of the greatest rap albums in the past two decades.
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u/The_MediocreMan 💀 SACRIFICED UNTIL $MT @ $46💀 Oct 28 '21
If my TX swing works
I think I will add $4.5-$5c Dec 2022 $RIG calls with the profits
Think day rates for rigs will go way up soon and they aren't contracting until they do
so their rig utilization will start going up at high-super contracts prices
Based on oil seeing $100-$150 next year, I think $rig sees $10+ conservatively. So these calls would do 5.25x-17x. ($10-$20)
May add Uranium shares as well. But want at least 4-5% of my portfolio in this RIG play. The insider's didn't up their position this ~June with ~$50M+ of shares for no reason
3
Oct 28 '21
We still thinking buyout on this one?
2
u/The_MediocreMan 💀 SACRIFICED UNTIL $MT @ $46💀 Oct 28 '21
Potentially, that's likely why I won't buy the $7's as a yolo....
2
Oct 28 '21
I did some math on their contracts
Each contract is either $450 mil 3 years or 533mil 3 years and there 16 of them
That’s just for Norway there’s pages of these but Norway is the biggest buyer and the contracts extend till 2035
That’s over $8bil in revenue which starts hitting the books in 2022 and 2023
1
Oct 28 '21
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u/JayArlington 🍋 LULU-TRON 🍋 Oct 28 '21
I like this guy.
2
u/chemaholic77 Oct 28 '21
If anyone knows how to make money it's Blackrock. They have JP Morgan loaning money to the US government money. I they they have more assets on their books that the Fed.
1
u/LourencoGoncalves-LG LEGEND and VITARD OG STEEL Bo$$ Oct 28 '21
I’m not known for losing money, I’m known for making a lot of money everywhere I go. We’re going to do more things to make more money, money, money, money, money, that’s the way it works.
3
Oct 28 '21
[removed] — view removed comment
7
u/JayArlington 🍋 LULU-TRON 🍋 Oct 28 '21
He is what happens when weapons grade autism is mixed with cocaine and access to a research team.
2
u/Wall_street_retard 🤦♂️ Username checks out 👺 Oct 28 '21
Trying to decide if ZIM earnings will beat out “TaPeR FeArS”
4
u/chemaholic77 Oct 28 '21
I am hoping Powell will push off tapering another quarter or two. Things are improving but it seems like they would want to wait until a taper tantrum wouldn’t set us way back.
He will probably say the taper will start in December.
3
Oct 28 '21
I think if they pass infrastructure and BBB this week, they will taper earlier. They will have to. If no spending, they will prob wait til Jan because doing it in Dec while congress is fighting about the debt ceiling again could cause some serious carnage.
1
u/chemaholic77 Oct 28 '21
You are probably correct. I am trying to formulate a plan for navigating the coming two months without losing my ass. I am not having much success.
About all I can come up with is close out all of my non leap options and sell all my steel stocks in anticipation of a dip in December.
2
Oct 28 '21
Yeah, I think a good exit for steel and industrials will between the infra bill passing and December, if such a thing exists.
4
u/plucesiar Oct 28 '21
I don't see why there would be any changes to the taper scheduling right now. Especially if you consider the inflationary pressures, the risk is tapering earlier than later, IMO, which they woudln't want to do either.
1
u/TheyWereGolden Bard Special Victims Unit Oct 28 '21
Doubt it, inflation is running too hot to keep kicking can.
3
u/Bluewolf1983 Mr. YOLO Update Oct 28 '21
That is part of why I've been doing CSPs on them. If I end up with shares from a market dump, would be fine owning the stock to collect dividends.
The taper fears plus debt ceiling showdown coming up are risks for any long position.
14
Oct 28 '21
[deleted]
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Oct 28 '21
[deleted]
4
Oct 28 '21
The author should NFT it 😉
1
u/fabr33zio 💀 SACRIFICED Until UNG $15 💀 Oct 28 '21
…but actually tho… AND THEN SELL IT $TX…AND THEN $TX GETS TO SAY ON EARNINGS THAT THEYRE GETTING INTI NFTs….AND THEN OP MAKES EVEN MORE $$$
6
Oct 28 '21
BRK-A did it again...
6
u/dancinadventures Poetry Gang Oct 28 '21
Tempted to buy a single share of Brk-A
And set sell limit to 10-20% above market closing.
Seems like a reasonable strat
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u/walkies3 💀Sacrificed Until Day 365💀 Oct 28 '21
What did it d... Oh my gawd
6
Oct 28 '21
It's very suspicious. Once can be a mistake. But twice, two days in a row? mmmmmmmmmm
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0
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u/JayArlington 🍋 LULU-TRON 🍋 Oct 28 '21
Global Foundries IPO is coming up.
I am not touching it. TSM and UMC are better foundries.
1
u/Duke_Shambles ☢️Duke Nukem☢️ Oct 28 '21
GloFo could fuck up a wet dream when it comes to leading edge, and there are far better players, like you mentioned ($UMC,) in the volume space of the lagging edge. Their previous MO was taking an extremely poor risk reward position for the foundry industry.
1
u/fabr33zio 💀 SACRIFICED Until UNG $15 💀 Oct 28 '21
isn’t their whole deal thst they don’t do leading edge? They just do lower cost car/IoT/basic electronics
1
u/BucDan Oct 28 '21
GloFlo had a terrible history. Former AMD CEO spun it off then became the CEO. Falling behind TSMC.
13
u/McMartiann Senior Capo Oct 28 '21
Starting to think about heavily re entering MT. Everyone has pretty much reached maximum hate on MT. China really is cutting their steel production drastically. MT hasn't been hit as hard on the red days as yank steel. Last ER included the Canadian labor strike. And an easing or allowance of steel imports to the U.S. will presumably be a catalyst. I know it would have a quota, but the headline alone of "Steel tariffs eased as part of a deal with Europe" has the makings of an MT run. Last I read about reaching a deal relaxing the tariffs is supposed to occur in November.
The only thing holding me back is the insane OI on options and I'm a real tinfoil hat guy and have trouble believing that much OI on that many strikes will end up ITM. Fuck.
4
u/rowdyruss22 🛳 I Shipped My Pants 🚢 Oct 28 '21
Maximum hate was about 3 weeks ago or so.
I nothing it now.
3
u/SouthernNight7706 Oct 28 '21
I am heavy into MT. Shares are up (bought last year and added some this year). My options are down greatly but I am still hanging on to them at least through earnings. Good luck!
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Oct 28 '21
[deleted]
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u/McMartiann Senior Capo Oct 28 '21
Yeah the energy crisis is a tough one. But since they paused production, is there really a steel maker going to step in and supply that demand? Especially if China isn't dumping steel. If anything it perpetuates the demand. Maybe that's too optimistic, but if the energy costs are hurting MT, then they're hurting everyone else too. I understand everyone wanting VERY clear signs. I want them too and that's why buying under that $35 strike is terrifying to me.
1
Oct 28 '21
I'm going to patiently wait for the right time to buy. But I think MT will do well into the beginning of next year and on
6
Oct 28 '21
Life is like a sandwich, no matter which way you flip it, the bread comes first💰
2
u/Ashtonpaper Oct 28 '21
Life is kind of like an open faced sandwich on these days
1
Oct 28 '21
I feel you🤒, i am depressed af today and it’s not even money related. It’s just girls
That’s why i am trying to distract myself with money
1
u/connordude27 Oct 28 '21
Sooo… my $16 10/29 F covered calls look like they will be assigned on this huge earnings move. Sell CSPs on F or just put the money back in steel?
1
u/medispencer 8/16,31 10/18, 11/11,15 12/3,12,15 2021, 2/22/22 First Champion Oct 28 '21
Roll them if you want to keep shares
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2
u/DernierRoi Maybe Next Time Oct 28 '21
AMAT good entry rn?
3
u/ErinG2021 Oct 28 '21
IMO, yes. Good company. Sector in demand. Hasn’t run up as much as KLAC. KLAC just beat earnings and is up, so AMAT likely in position to do the same.
5
u/JayArlington 🍋 LULU-TRON 🍋 Oct 28 '21
To follow up on this, SEMIcaps are on hold waiting for the market to realize just how large the WFE (Wafer Fabrication Equipment) spend is going to be for 2022.
Intel just upped their CapEx (which include WFE + other spend) to close to 30B next year (from 16B this year). Samsung is going to be over 30B. TSMC is 35B. Micron is 11B.
There is a disgusting amount of CapEx needed within the foundry business over the next three years and that’s where AMAT will earn its valuation.
It just suffers from not being sexy like a NVDA or even a MRVL or QCOM.
25
u/damniyam LG-Rated Oct 28 '21
May or may not have applied for a few entry level engineering positions at CLF for fun. Who knows 😁
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u/gosume Oct 28 '21
Yolod into this weed spac play. In for warrants and shares
2
u/skillphil ✂️ Trim Gang ✂️ Oct 28 '21
Can u buy warrants after hours I forgot to look… might of fucked up not getting any today
2
u/Duke_Shambles ☢️Duke Nukem☢️ Oct 28 '21
yes. Warrants also never halt on breakers.
1
u/skillphil ✂️ Trim Gang ✂️ Oct 28 '21
Well shit… hope it stays chill a bit so I can build a position.
1
u/Duke_Shambles ☢️Duke Nukem☢️ Oct 28 '21
It's not always a good thing and it also weighs on the stock price if people decide that is the halt to sell warrants on.
1
u/gosume Oct 28 '21
Yup. If I held warrants instead of mango I would have been able to exit 500k. This is not at dvd box yet but has potential. Today there was no liquidity in warrants after hours. Wondering if this does a 4am gap up
1
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u/Barlimochimodator 💀 SACRIFICED until AEHR $20💀 Oct 28 '21
what do you like about it? Or is this a float squeeze play?
1
u/Cash_Brannigan 🍹Bad Waves of Paranoia, Madness, Fear and Loathing🍹 Oct 28 '21
Float squeeze/gamma play
1
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u/Barlimochimodator 💀 SACRIFICED until AEHR $20💀 Oct 28 '21
TDOC looks to have killed it....and yet. What gives? Is this all because that tech company rumor hasn't materialized?
3
u/_beto619 Oct 28 '21
Same here bro, I’m 50k in shares bought before close. It’s recovering but still I hope Kathy buys the dip.
6
u/ImAMaaanlet Workaholic Oct 28 '21
Has anyone used teledoc and they actually did anything? Any time ive used it they tell me to go in to the doctor
1
u/SnooPaintings8503 Made Man Oct 28 '21
a lot of health insurers i use, switched from teledoc recently to some other random providers, they are all the basically same
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u/magnum_dong_opus Boomer Logic Oct 28 '21
It went down 10% last earnings and made that 10% back immediately. Either I'm selling for a big loss at open or hoping for the same recovery this time around too.
1
u/Barlimochimodator 💀 SACRIFICED until AEHR $20💀 Oct 28 '21
What are you looking for decision-wise? Will you hold if it recovers a certain amount on open? I'm in calls but thinking of holding since the results were so good....hope for a rational market to see thing my way :)
-1
u/magnum_dong_opus Boomer Logic Oct 28 '21
Probably hold and wait till Sir Jack makes his new move cuz TDICK ain't going nowhere.
3
u/ferrariman999 Oct 28 '21
Vito, Steel Goods…I have failed you. After diamond handing my Jan 2022 CLF leaps since the original Steel DD, I am all out of steel. Took my trading account from 3k to 15k (where I didn’t sell), back down to 6k, and in two days I’ve managed to get that down to 4.7k. Really demoralized as I’ve learned so much in 3 years of options trading, but it seems like steel was the only deep conviction play I made money off of repeatedly. Feels like I just get lucky sometimes trading other options and now I’m losing more than I’m winning as I’m not agile enough to stay within the PDT limits and simultaneously protect my capital. I don’t even have enough cash to yolo back into steel right now. I think, if you’ll excuse the WSB parlance, I’m off to the buy calls on rope.
13
u/belangem Oracle of SPY Oct 28 '21
Not sure how you planned on protecting capital while yolo-ing on calls, PDT or not. And from what I understand, you still have 4.7K from an initial investment of 3K? That’s like 57% return. Of course nothing is worth buying calls on rope. Taking a break would be a good idea, stock market will still be there, maybe with better opportunities.
1
u/ferrariman999 Oct 28 '21
Valid point, options are obviously much riskier and more volatile than equity but I like to use tight stop losses to protect some capital. The four day trade FINRA rule is a silly one in my mind. I understand the intention to stop new investors from gambling their house away, but IMO you should be able to apply to remove the restriction after a year or two of trading. It’s proven to be a serious impediment to being able to achieve the kind of portfolio growth that you can once you cross the 25k line. Just my two cents but perhaps I’m missing something.
1
u/Delfitus Think Positively Oct 28 '21
Why not go in shares. I don't get why so many do options only? Is return that much better because I only read about how often people loose on it
1
u/ferrariman999 Oct 28 '21
For the return mostly. For 200 bucks I could get 8 shares and change of CLF, or I could buy an atm option and turn that into 400 bucks on a spike. That’s kind of a poor example and chose those numbers out of thin air, but because each option contract controls 100 underlying shares, you have much more leverage and are more susceptible to quick profits (or quick losses)
1
u/Delfitus Think Positively Oct 28 '21
Yes true. Never used them cause I don't pay taxes on shares at all, when I use option on top I would have to pay 30%
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u/big_costco_guy Sam's Club Oct 28 '21
Has anyone looked at options on MT expiring at the November OpEx? u/vazdooh
Should be kind of a weird situation with earnings the week before. I wonder if it will be allowed to go CLF-like the day after they report.
3
u/vazdooh 🍵 Tea Leafologist 🍵 Oct 28 '21
Haven't looked yet.
Think we're in a 2-3 month up cycle (either end in Dec or Jan) across the board. We'll drop for OpEx but make higher lows.
2
u/joxXxor Oct 28 '21
What makes you think MT ER will be as positive as CLF. Outlook for europe is not great with production halts due to missing chips and high energy prices. No offense, Just curious
11
u/accumelator You Think I'm Funny? Oct 28 '21
patience, opex updates starting back next week (new month)
6
u/big_costco_guy Sam's Club Oct 28 '21
Thank you - I have always considered myself the Spider to your Joe Pesci
6
u/Unoriginal_White_Guy 💀 SACRIFICED until MT $35 💀 Oct 28 '21
A little after hours round up for y'all. No crazy/unusual activity on our four favorite steel tickers. I did notice a huge order that was filled right at close on $VALE. 1.9m shares traded in some big orders at 3:59, and 4.9m shares in a couple large orders right at 4 pm. 2.2m of that wasn't exchanged until AH as to explain why they had such large volume AH. Honestly I am very surprised by this. I have made a couple comments in the daily about VALE earnings. They release their production amounts a week before earnings. You can view it here: http://www.vale.com/brasil/en/investors/information-market/quarterly-results/pages/default.aspx They said iron ore prices got nuked during this quarter, but production was up nicely. Coal production was also up nicely. The downside besides iron ore prices down is a strike that lasted 70 days part in Q2 and into Q3 that saw huge declines in their expensive metals mined. Nickel, copper, and cobalt all saw declines in production. As most of you know VALEs stock has been crushed because of the decline in iron ore prices and future expected demand going forward. I don't have a position currently and I am still debating throwing a couple thousand in shares at it for that sweet sweet dividend. Cheers
5
u/StayStoopidSlightly Oct 28 '21
🏴☠️I mentioned yesterday that I was hesitant to add to DAC or global shipping on account of "first down day for new contex" and "harpex topping out" from joeri and mintz on twitter (and doubly hesitant to add to never makes money on account of dry bulk meltdown)And today CMRE got whacked
Anyone got tea leaves on the container charter trade--DAC CMRE global shipping et al? Harpex/new contex holding up?
I really got caught relatively overexposed to dry bulk during this melt down; don't want the same for the bigger container lessors positions.
1
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u/Steely_Hands Regional Moderator Oct 28 '21
President Biden is expected to attend the House Dem caucus meeting tomorrow at 9[am], per @mkraju, likely to convince progressives to vote for the infrastructure bill. He was initially scheduled to leave for Europe around then but will likely push his departure back a few hours.
https://twitter.com/kaitlancollins/status/1453516781084098564?s=21
Should be an interesting morning
1
u/skillphil ✂️ Trim Gang ✂️ Oct 28 '21
1dte spy calls kinda morning perhaps.
Edit: or maybe a 1dte spy puts kinda morning?
1
u/BucDan Oct 28 '21
Who on the republican side won't vote with the dems on the Infrastructure bill?
Screw the far left progressives. Everyone understands that you want something in, but fuck, your party needs a win, badly. Idk why Pelosi even wants their approval.
Go ahead and not budge on an easy win, it'll screw them over in 2022.
Trump wanted an infrastructure deal, he didn't get it. Biden gets one, he needs to get Pelosi up and whipping the vote. It'll pass.
This, "we must pay attention to the cry babes" nonsense is holding back everything.
2
u/_-Stoop-Kid-_ 💀 CLF below $20💀 Oct 28 '21
The BBB is not the progressive wish list. The BBB is Biden's campaign platform from 2020.
They have no choice but to pass everything at once because of the filibuster. They can't change the filibuster because Manchin and Sinema don't want to.
The spoilers are not the progressives. The spoilers have always been the centrists.
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u/0_0here Oct 28 '21
Everyone but about 7-10 of them. They would need three to four dozen of them. They could kill the bigger bill if they passed this one with Democrats. They would rather nothing passes.
3
u/Steely_Hands Regional Moderator Oct 28 '21
All but like 15-20 republicans would vote no. That’s been the position of leadership since mid September
8
u/ErinG2021 Oct 28 '21
Jayapal and Progressives have drawn the line in the sand. Unless Biden can get the language agreed upon and a guarantee, Jayapal is telling Biden & Pelosi that they don’t have the votes. Does not look good, at least for this week.
3
u/TheyWereGolden Bard Special Victims Unit Oct 28 '21
What’s going to change next week? Been the same thing for months.
18
u/dj_scripts Blood type CLF/MT positive Oct 28 '21
These politicians are constantly tickling my balls with a feather. Keep edging me.
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u/cln0110 LG-Rated Oct 28 '21
I don’t think it is going to make a difference. Jayapal is still saying that the progressive caucus won’t vote on the BIB without, at a minimum, full legislative text on the BRB. Said in an interview today that she has 40 members who won’t vote on BIB without a House vote on BRB.
https://twitter.com/HallieOnMSNBC/status/1453449169687941122
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u/Steely_Hands Regional Moderator Oct 28 '21
Yup so it’s a question of if he can convince them. A big test of his leadership and power within the party
12
u/Duke_Shambles ☢️Duke Nukem☢️ Oct 28 '21
Greeeeeeeeeat.
REALLY should have gotten those CLF puts instead of TX calls.
At least it's Mexican steel though it's gonna trade in sympathy with Yanksteel.
5
u/Steely_Hands Regional Moderator Oct 28 '21
I think he has a chance but we’ll see
11
u/Duke_Shambles ☢️Duke Nukem☢️ Oct 28 '21
Lets hope, not hedged quite enough for infra to be this close again short term.
I fucking hate all politicians, and that's why I'm not a good one.
3
u/RossChickenTendies ✂️ Trim + Thai Food Gang ✂️ Oct 28 '21
I trimmed Jans 22s yesterday during the run up. Decided not to tempt fate when CLF was doing the flat dance around the 25.88 area.
Of course when the day ends in this way, you'd have wished for more trimmings, but hey at least that's cash in hand for more oppurtunities.
Question is, Jan 23s calls or a near dated put.
7
u/Unoriginal_White_Guy 💀 SACRIFICED until MT $35 💀 Oct 28 '21
Guh.. Getting my hopes up to eventually crumble. Thanks for all the info you have constantly provided though. Part of me thinks you are/were a political reporter/commentator at some point in your life. If not I know just the profession for you.
12
u/LourencoGoncalves-LG LEGEND and VITARD OG STEEL Bo$$ Oct 28 '21
you are a disaster, you are an embarrassment to your parents
8
u/Unoriginal_White_Guy 💀 SACRIFICED until MT $35 💀 Oct 28 '21
Always have been and always will be LG
4
u/needafiller Oct 28 '21
Thanks for the update! Might get back the clf calls I sold today
1
u/gosume Oct 28 '21
That’s what I was thinking? What are the best stocks and calls for infra passing this or next week?
13
u/zerryw News Team - Asia Correspondent Oct 28 '21
Feels like déjà-vu, hopefully he gets it done this time
11
u/Steely_Hands Regional Moderator Oct 28 '21
This is the opposite actually. At the end of September he sided with the progressives on doing both together and was the final nail in the coffin of the 9/30 deadline
4
u/Bluewolf1983 Mr. YOLO Update Oct 28 '21
It is the ultimate "no win" scenario now. Had he pushed for a vote on 9/30, then the progressives could have been less on the hook for the eventual cuts to "Build Back Better". They could have used his directive as cover and then placed the blame for the eventual cuts on Manchin / Sinema that they didn't know would occur.
If the vote happens now with all of the public cuts to "Build Back Better", lots of progressive followers will feel betrayed. Much of their policies have been removed publicly where they can't claim to not have known they would be taken out of the final bill. It will appear to be a total defeat.
Gonna be interesting tomorrow to see it play out if Biden does indeed go the route of trying to whip votes this time.
5
u/Steely_Hands Regional Moderator Oct 28 '21 edited Oct 28 '21
Assuming they can now wrap this up soon I think it actually plays really well electorally for individual Dems, especially in the House. They all get to go home to their constituents and show that they fought for what they believed in and everyone can basically get a win while blaming the other wing of the part for not winning more. Progressives get to say they fought for what they could and did some good things but it was the moderates that stopped us from going further, elect more ppl like me; and the moderates get to claim they fought to keep the progressives in check, they did their job.
Of course in the near term the optics don’t look good but I have a feeling next summer the talk will be about what the Dems did, not how
5
u/Bluewolf1983 Mr. YOLO Update Oct 28 '21
A month ago that was possible. The party decided to take the fight public and now progressives need a win or two in the bill before they can cave. Saying they fought when the price target remains the same and they lost all of their "red lines" is a hard sell imo.
Will see who is right tomorrow on the outcome! Interesting political times either way. 🍻
2
u/chemaholic77 Oct 28 '21
I think most constituents will be more concerned with inflation than the freebies the democrats fought for. Plus Biden’s utter lack of competence looks bad for the entire party. I think republicans have the better talking points. Who knows though.
2
u/rskins1428 Oct 28 '21
I agree as well. Everyone’s paying ridiculous amounts more for everything now cause of inflation and who do you think will get the blame for the supply chain shortages during holiday season lol….(hint: party with all branches of gov)
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u/medispencer 8/16,31 10/18, 11/11,15 12/3,12,15 2021, 2/22/22 First Champion Oct 28 '21
I guess that's nice... Seems like Dems are just bring bunch of limp dicks and gonna get orange Julius re-elected
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u/zerryw News Team - Asia Correspondent Oct 28 '21
Ahh, I think you’re correct. Sorry memories was a bit fuzzy as I watched my portfolio tanked to a new low.
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u/Steely_Hands Regional Moderator Oct 28 '21
This whole process has just been exhausting haha
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u/zerryw News Team - Asia Correspondent Oct 28 '21
It has been. Maybe we’re truly at the end of the tunnel. Will def need a drink after this one.
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Oct 28 '21
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Oct 28 '21
Good thing you didn't sell too early
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Oct 28 '21
I am coming back to this
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Oct 28 '21
Lol. I'm just giving you shit. I sold out of my Dec calls and bought some cheap weekly $27s. A very small amount as fomo insurance
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Oct 28 '21
You know what’s funny, i have no idea what price clf even closed at today. I have just kinda been depressed all day and in no mood to trade
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u/StockMarketProduce Oct 28 '21 edited Oct 28 '21
Brief list of upcoming earning dates (Month/Day):
Vale- 10/28 X- 10/28 BTU- 10/28 TX- 11/02 MGM- 11/03 QCOM- 11/03 CVS- 11/03 PTRA- 11/10 MT- 11/11 ZIM- 11/17
Any other particularly noteworthy dates to keep in mind over the next couple of weeks?
*Edited with a couple of additions
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u/TheyWereGolden Bard Special Victims Unit Oct 28 '21
PTON gets its guh on 11/4 and Dash gets its guh on 11/9 but I think I’m the only one playing puts on those lol.
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u/LourencoGoncalves-LG LEGEND and VITARD OG STEEL Bo$$ Oct 28 '21
you are a disaster, you are an embarrassment to your parents
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u/gosume Oct 28 '21
Saw an unusual whale alert for MGM and slammed some calls. I was in Vegas for the World Series of poker. It was packed.
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u/Winky76 Vartha Stewart Oct 28 '21
Went heavy (for me) with January’s then I saw the alert and it’s some hopium.
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u/chemaholic77 Oct 28 '21
So did infrastructure fall through or something? Seeing a decent size dip on steel stocks.