The Investment Thread (16 Viewers)

Bro these meme stocks are wild. Wish I had bought in last week but it’s so volatile I can’t even deal with it
 
Bro these meme stocks are wild. Wish I had bought in last week but it’s so volatile I can’t even deal with it
It’s intense for me. Lots of stress. Especially when it’s in my Fidelity account and I see it every day. My GME in ComputerShare is like it doesn’t even exist. Less stressful that way for some reason.

BBBY has had the publicity - but as you know there are probably at least several dozen other stocks with bad balance sheets that went up 2x in the last month.
 
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Now I feel like a paper handed fool.
I sold my $10 call options I bought when BBBY was in the $4.50 range when it hit $13 last week. (Sold between $12-$13. Made over 2000%. I couldnt care less if BBBY goes to $500, never look back when booking a profit on pump and dumps or SS PLAY or the next time you may second guess a trade and be the bag holder.
 
Ive positioned myself with a ton of SPY puts >5% out the money expiring in every month the rest of the year. Also loaded up on UVXY. 429-430 area is going to dictate whether we are in a bull market tally or going for new ATH’s.

If it breaks up Ill dump the puts and jump on calls. I keep doing this at key levels while hedging really cheap short term calls. If it breaks up Im able to step out basically even then go long, effectively only losing the 2% run up before going long again. If it ever breaks down I should make a fortune.

Pretty proud of monthly gains at 24% being a bear in the middle of a huge rally. Thank you BBBY (lucky) and natural gas.

Labor Day has been my target for the economy to start unraveling for a while now. Technicals may start it early.
 
These BBBY scalps I've been taking today are massive and every time I'm selling myself short. The squeeze is parabolic at this point.
 
TA has rarely applied to GME. But we just crossed over (to the upside) of the golden cross. Hasn’t happened since September 2020
 
Had my best day since the start of the covid recovery. Everything i touched turned to gold. Closed out everything except some BBBY puts, SPY options (straddled) and a heavily trimmed natural gas position.
 
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My claim to fame today was purchasing a decent load of GME right before the rip.

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