new record for Dow Jones

The_Waco_Kid's Avatar
I'll make it simple, so you don't have to spend too much effort figuring it out.

Wednesday night news came out about Amazon working with another EV supplier besides Rivian. Amazon has a major stake in Rivian, and plans to buy many EV from them.
The shares dropped from 98 to 90 by the close of the day.

The next morning the shares dropped further, down to 78 by 10 am.

I bought strike price 83 dollar calls expiring Jan 07 when the stock price was at 78.
Before the close of the day, I sold them when the share price was back to 87.
I did it again today. Originally Posted by VitaMan

let's assume what you say is true. if so, you made money not because the market overall was up, the market this week is down. so you sold before the stock tanked so far you'd actually lose money based on what you say is a news report about this ..


Rivian Stock Is Dropping Like a Stone. Blame Amazon.


https://www.barrons.com/articles/riv...is-51641401501


Stock price: RIVN (NASDAQ) $86.28 -1.05 (-1.20%)


now here is where your story begins to fail the sniff test.


on one sell the delta was $5. on another it was $9. so .. how much exactly were you holding of this stock to realize a $40k total profit on two sells with a delta of $5 and $9 on the trades?


You mean schools (plural). Luke pretends to have 3 Ivy degrees, not just one. It would be boring if he earned all of his imaginary degrees at the same campus, dontcha think?

When I was in college they didn't offer formal courses in FRAUD. But then, in those days they didn't hand out degrees in "Gender Studies" either. Originally Posted by lustylad

well those ivy leaguers do like to cross breed don't they?


BAHHAHHAAAA
VitaMan's Avatar
As I said, I bought call options on Rivian stock.
The stock moved from 77 to 87 on Thursday. It moved from 82 to 88 today.
The call options moved as a result.


I am beginning to think you and bambino really are losers.


You don't understand the stock market. You call other members full of shit. Plus an individual stock doesn't give a shit whether investors are conservative or liberal. Yet you seem to think it does.
VitaMan's Avatar
I know what options are, do you? And yes, youre full of shit. Do you make 400% on all of your risky trades? Or do you lose? Yeah, you’re full of shit. So basically, your “research” was based on the news.
Did you get in on Gamestock? Or Trump Social?

https://www.investopedia.com/article...st-options.asp Originally Posted by bambino

Give it up Bambino. I answered your question.


You are looking ridiculous, and just embarrassing yourself.


Read the above post for reference.
The_Waco_Kid's Avatar
As I said, I bought call options on Rivian stock.
The stock moved from 77 to 87 on Thursday. It moved from 82 to 88 today.
The call options moved as a result.


I am beginning to think you and bambino really are losers.


You don't understand the stock market. You call other members full of shit. Plus an individual stock doesn't give a shit whether investors are conservative or liberal. Yet you seem to. Originally Posted by VitaMan

so you expect us to believe you made a 400 percent profit of 32,000 on two sells with a delta of $10 and $8 respectively? on only 8,000?


really?
bambino's Avatar
so you expect us to believe you made a 400 percent profit of 32,000 on two sells with a delta of $10 and $8 respectively? on only 8,000?


really? Originally Posted by The_Waco_Kid
Actually 40,000. According to him. His math is a little hazy. And he keeps making an ass out of himself. How delicious.
The_Waco_Kid's Avatar
Actually 40,000. According to him. His math is a little hazy. And he keeps making an ass out of himself. How delicious. Originally Posted by bambino



ok, 40,000 i thought i saw one of his posts he claimed 400%. no matter his numbers are still full of shit. it's not mathematically possible to make 32,000 on a base investment of 8,000 on two sells that only realized a delta of 8 and 10 dollars on the trades.


actually i am right .. while VM never said 400% the price would have to increase 4 times (4X) to take 8,000 and make 32,000 plus the original 8,000. this stock did NOT go up 4 fold.



VM .. u are full of shit
bambino's Avatar
ok, 40,000 i thought i saw one of his posts he claimed 400%. no matter his numbers are still full of shit. it's not mathematically possible to make 32,000 on a base investment of 8,000 on two sells that only realized a delta of 8 and 10 dollars on the trades.


actually i am right .. while VM never said 400% the price would have to increase 4 times (4X) to take 8,000 and make 32,000 plus the original 8,000. this stock did NOT go up 4 fold.



VM .. u are full of shit Originally Posted by The_Waco_Kid
He actually did say 400% on an $8000 investment. Fuckin guys a genius.


https://m.youtube.com/watch?v=mlNwXuHUA8I
The_Waco_Kid's Avatar
He actually did say 400% on an $8000 investment. Fuckin guys a genius. Originally Posted by bambino



yeah i thought he did. he's full of shit. not possible to make that kind of profit on a stock that didn't go up 4 fold. that would mean at the 78 he cited he bought, it would need to be $312 on one trade. who cares if he claims it was two sells? the price would need to be around $300 per share on what he claims he bought. in just days.
bambino's Avatar
yeah i thought he did. he's full of shit. not possible to make that kind of profit on a stock that didn't go up 4 fold. that would mean at the 78 he cited he bought, it would need to be $312 on one trade. who cares if he claims it was two sells? the price would need to be around $300 per share on what he claims he bought. in just days. Originally Posted by The_Waco_Kid
Vitaman, Rainman? Who knows!!!!!

Why not 40 million percent. He’s rivaling Lucas for absolute bullshit.
VitaMan's Avatar
yeah i thought he did. he's full of shit. not possible to make that kind of profit on a stock that didn't go up 4 fold. that would mean at the 78 he cited he bought, it would need to be $312 on one trade. who cares if he claims it was two sells? the price would need to be around $300 per share on what he claims he bought. in just days. Originally Posted by The_Waco_Kid

You are not able to read correctly, or understand.

As stated twice, I did not buy and sell the stock. I bought call options on the stock expiring January 7. Also a lot more call options were purchased that two. I bought and sold them throughout the day Thursday and Friday.

Option prices move a lot near expiration date if the stock changes price. The stock moved from 77 to 87 Thursday. The stock moved from 82 to 88 today. Option prices can change 1000% or more in one day if the stock moves.

You sound like an idiot, or can't read and understand.

And why do you give a shit about my investments anyway ? I answered the question from the bumbling bambino, and proved it.

What will you come up with next ?
The_Waco_Kid's Avatar
paging VitaminMan ... paging VitaminMan.. i see u online ... waiting your reply.


you got called on yer bullshit. your numbers are full of shit.


not possible.
VitaMan's Avatar
He actually did say 400% on an $8000 investment. Fuckin guys a genius.
https://m.youtube.com/watch?v=mlNwXuHUA8I Originally Posted by bambino

Try to understand like your friend. You can read the post above, but it sounds like you don't have a clue.
VitaMan's Avatar
paging VitaminMan ... paging VitaminMan.. i see u online ... waiting your reply.


you got called on yer bullshit. your numbers are full of shit.


not possible. Originally Posted by The_Waco_Kid

Your answer is posted.



You sound like an idiot.
bambino's Avatar
paging VitaminMan ... paging VitaminMan.. i see u online ... waiting your reply.


you got called on yer bullshit. your numbers are full of shit.


not possible. Originally Posted by The_Waco_Kid
I think it’s time for Vitaman to move on to another website. He can bring Lucas with him. They’re like a circus act. Clowns
The_Waco_Kid's Avatar
You are not able to read correctly, or understand.

As stated twice, I did not buy and sell the stock. I bought call options on the stock expiring January 7. Also a lot more call options were purchased that two. I bought and sold them throughout the day Thursday and Friday.

Option prices move a lot near expiration date if the stock changes price. The stock moved from 77 to 87 Thursday. The stock moved from 82 to 88 today. Option prices can change 1000% or more in one day if the stock moves.

You sound like an idiot, or can't read and understand.

And why do you give a shit about my investments anyway ? I answered the question from the bumbling bambino, and proved it.

What will you come up with next ? Originally Posted by VitaMan



1000%? in one day? when it only increased 10 dollars? still not passing the sniff test.