RoaringKitty 12:31pm Post - #1231 - MOAB next week?
(media.greatawakening.win)
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I will slowly sell on the way up. My options are more tricky as they decay over time. I will try to sell them wen I have max value.
Exercising options and purchase underlying security is what causes max pain for wall street
Can you lend me 25k for a few weeks....
Kek
Silver especially fractional is gonna come in handy when the dollar is worthless
Good point. I have been buying junk silver 1964 and earlier us silver coins. Dimes quarters 1/2 dollers and dollers. They are 90% silver, but most people will recognize them as silver, way more than generic rounds.
Have you ever did something like that before? It's easier said than done.
I never had, but it was done all the time on the stonk boards. You could move to fidelity and then drs faster than a strait drs,with like etrade.
You open the new account first and then have them pull the shares from the other account. Do a test batch first and see how long it takes, read the extensive DD on drs on superstonk. I'm think of moving 1/2 my shares to fidelity right now to spread out the risk. I also have about 1/3 in computershare I have an account in computershare with a 64xxx number I was one of the first to do it.
I'm just trying to warn you, if you never did it before then you might be in for some rude awakenings, fren. That's all. IDK what a stonk board is but if you have an online account & you want to sell an option you normally would enter a price you would like for it.
They usually show you the bid & ask and so you usually try a price between those 2. If you want to make sure you buy you enter at the ask or if you want to sell without a problem you enter it at the bid. You could also just enter it at market but then there's no telling what price you will get. On fast markets like how GME can be it could even be outside of bid/ask
When GME 1st short up last month I wanted to get rid of one of my options, On open at that fateful morning they were all at several grand a pop (they cost me just a few hundred combined), At first I tried putting in a price but I noticed the market wasn't moving because GME was moving too fast. So I tried to put in a price between bid & ask which was several grand. When the market did open the price was way below even the bid & the market stopped again. That time I put the price in at bid to make sure I get hit but that didn't even get hit when the market opened the next time for a brief time. I eventually sold it later that day for $1200 when the market cooled down some but I could have had SEVERAL TIMES that price earlier in the day. (I still got my money back for all my GME options so I am playing it for free now) but I'm just trying to warn you. Next time it goes crazy like that I'll probably just put in to sell at the market & take my chances but it is a wild game, just for you to know
I, also have some shares that are DRS & that's another story. I'm just sitting on them but as for playing options, just be aware that it can go crazy.
Thanks for the warning. If I have any trouble selling I will switch to a market order and sell in small groups. Also you have to close these things not sell them. Selling a option is opening a new position.
I didn't but it's done all the time on the stonk boards. You open a new account and have them pull whatever shares you want. People with e trade even opened a fidelity account and moved them and then drs faster than strait from e trade.