Thread by @M3XRFW

So. I wanna start an investment thread so I can keep track of my own things. I’m starting here.

Copped 10 $CNK @ Market ($13.55)
Copped 1 $DRI @ Market ($63.35)

Still got my eye on $DIS (I want it below $100 waiting for earnings) and $BA I’d love near $110 ...

I don’t know shit so don’t ask me. I just look into things and take a chance on the ones I like. Always wake up with a morning news bulliten and read news all day/night.

Everything I’m holding rn. I want more $work but hoot crap that stock took off with the Rona. goal is to cop 2 Tesla, 50 Cinemark and 50 work before the year is over.

Bought 10 more $CNK @ $12.90 working my way up to 50. Really want for $DRI before it shoots up. Already moved 10% since I copped :(

I always roll whatever leftover change I have left after my buys into $TSLA bought another 15 shares of $CNK AND 8 $GE really want to bring my $GE average dollar cost down it’s at $8.90 right now -_____- AKA I LOST HELLA.

Good day today thanks largely to $TSLA and $CNK . Cinemark already giving me GAINNNZZZZ. hit a $3,500 milestone. Quickly following by $3,600 ☺️☺️Plan to buy more $CNK if I see another dip. With some states opening up they should be open soon. And liquidity through 2021 is crazy.

Wow $TSLA and $CNK held me down this week. Over 15% return in both. WE BACK BABY

Been a crazy month. Bought some $PYPL @ $128 before earnings. More cinemark. It took a dip but recovered quickly. Own 139 $GE now smh

Keep forgetting to update this. I feel like I’m becoming a more balanced trader 🥰 sold $WORK at $31.50 I wasn’t tripped... I bought in at $17 so 15 shares... #Gains. Also got out of $plug. I just don’t see potential. It moves around like a dollar WOoOoOoW rolled the 50 shares

Into 30 more $GE and 25 $CNK withdrew the profit to make some car repairs. so now my holdings look like....

I will buy back into slack when it dips. I just don’t think it’s going to keep moving up once all the free users leave the platform. I could be wrong. but unless they can convert all these free users to a paid subscription they just spent hella money upgrading servers + infra.

So uh. Pray for me.

Money Printer go brrrtttttttttt shoutout the homie Powell. 👌🏾

LETS GOOOOOOOO

Holding 6 $DRI bringing my Average Cost to $75
Bought 10 $T @ $30.59
And entering $DKNG @ $30.50

Cinemark is doing amazinnnggff todayyyy oh my lord up 10% and I got 100 of them thangs so let’s GOOOOOOOOOO

Damn I made the right move. Draft kings went up 17% after I copped, AT&T only a measly 4% but still. Dope movement for me. I think I’m going to stock up on draft kings. As sports starts coming back.. theres no way they can’t bring in revenue. And once CA or NY writes up

Legislation for them... that’s 2 of the most populated states ... you know democratic states love their taxes. It’s bound to happen just a matter of time.

I hardly ever mess with option plays but I decided to jump in today. Bought an $MGM and $SLACK call. It’s hard not to feel like I “lost” money on slack exiting my position @ 31.50 BUT. not mad I used the profit to fix my car sooo....

And everything I’m holding now. Only thing that has changed so far is I bought a few more draft kids and decided to pay AT&T for the dividend. I’ll continue stocking up on draft kids when I see the dips.

So that slack call died completely. Went -$120 but... I had bought 2 MGM Calls $23/6-12 for .38 sold one for $120 (quick $86 profit) + holding one that’s valued at $134 right now. So buying the over position completely covered my fucked up work call and now I’m free rolling 😎😎

I haven’t shown this thread love in a long time. Fitting that today I hit my all time high since I started. I’m going to explain the way I use options to make about $200-$300/month in revenue off my holdings. (Regardless of if my stocks go up or down)

So before I explain my strategy. If you don’t know options. Do not start with trading them. They are infinitely complicated and you can lose money fast. Yes there’s the chance for some crazy return but I promise for every person that’s made it big, there’s 100 that lost it all.

This is a great video for introductions to options. It’s geared toward Robinhood but the concepts are the same no matter what broker you decide to use.

The most important concept over anything else is time value and time decay. You will lose hella money if you don’t understand this. #ThetaGang

So this is my $CNK position. Not looking so good right? Who wants to be down -$200.... what this doesn’t show you is the options I’ve been running consistently.

So my strategy involves selling covered calls. naked calls are when you sell a call without having the stock to back it up. You can earn about that difference on your own time. Selling naked calls introduces unlimited risk and you shouldn’t (and can’t) do them when you’re

First starting off. Okay so here is the strategy. I’m going to use real options I’ve sold to show exactly how I’ve made money off the stock I own even though my holdings are down. On June 24th I sold a $15 call for July 17th (this Friday) for $75. With the mechanics of a call...

2 things can happen: 1) Cinemark never gets to $15 (by July 17th) and I keep the $75 premium they paid me, the other prty walks away. 2) CInemark reaches higher than $15 (say for example $17) and I profit $15(strike price)- 13.55(my cost) = $145+$75 (the premium) = $220 PROFIT

now it’s important to consider. That if it did hit $17 I would miss out on the $17-$15.75 profit which would mean I would have a “paper loss” of $125. Paper losses meaning I never had that money. But I could have made it if I had kept it. But lucky for me. The price of cinemark

Right now its $12.99 it needs to move past $15.75 for the option I sold to execute. Basically I’m about to make $75 just for selling the contract. and... I can sell another one for next month, which I already did. So regardless of what happens with cinemark. I’ve made $200 off

Selling calls. and I’m comfortable with 100 selling at $15 becaus my cost average is $13.55. I STILL make a profit off the sale. As the expiration date gets closer the value of the contract goes down. Which is BETTER for me because I just sold it for the high last week.

Now that I’ve explain that. The biggest con: you need to own 100 of the stock. For cinemark that means you need $1,300 worth of stock to sell a contract for $65 $100. The second one... think about if cinemark goes crazy tomorrow and hits $20. I just screwed myself out of

$425 profit. But! There’s always a but, to protect myself against that happening... I can just buy more stock :) so I can ride the wave too. Alternatively I can BUY a call for $17.50 if I think cinemark will go crazy, this will protect my position. And minimize potential

“Lost” profit. Anyways thanks for coming to my Ted talk. Make yo money work for u Papis.

Here are all of my holdings as of today.
Like I said... after I hit 10k I’m signing off into darkness so hit the dms and ask me now.

My next move is $play when I get the funds from calling away $GE... going to roll $700-$800 into play immediately. I just see a lot of potential even if it dips now that have $255M cash reserve. Plus I love their business model.

It has begun

Had to make a spreadsheet to calculate the net cost of my position. Needless to say... I didn’t realize I was banking this much...

Men lie. Women lie. Numbers dont 😤😤
Back up to 7k after today. Let’s keep it loving babbbbyyyyyyyy

Everything I’m in....

Hit a new milestone today. I might hit that 10k threshold before the end of the year.... crazy since i haven’t been contributing the way I was before since I got my hours cut at work :( haven’t made a deposit since the end of May but we still eating.

New milestone. AGAIN. Led by sharp gains in $CNK (+8.61%) and $PLAY (+7.30%) im very close to hitting my 10k goal. 9.1k in 10 months nothing to balk at. Very happy and just going to keep doing what I’m doing.

Going to stop updating soon. I’m almost at my goal of 10k. Little contract I bought when I noticed $PLAY was mooning. Should have copped sooner but can’t be mad at the instant gain. Have until next Friday to play around with it.

Everything I’m holding (minus option contracts) I feel like a big mistake people make when they start off is over-diversifying. You shouldn’t have 30 different stocks. Focus on getting 1-2 in 3-4 different industries. That way when retail fails you still got tech. Or if something

Happens with oil you still got automotive. don’t just buy all kinds of stock because it’s cheap. Do your research and think about their business models. and tbh, don’t take advice from anyone. There’s a reason I don’t talk about stocks with a lot of people.