Author: pluginever

  • Shorting to “sell” options

    If i have a long call option and the stock price skyrocets in the AH. Would shorting 100 shares of the stock effectively “sell” or hedge the option since it cannot be sold itself? Wouldn't it “lock” the option in so that the net gain/loss would move inversely of the gain/loss of the shorted stock?…

  • Confused about this ITM option, can someone explain it?

    I'm sure this is a stupid question and I'm missing something obvious, but here's the option: https://i.imgur.com/anOXvHq.png I'm still learning about options. This ITM call seems like it's immediately profitable. As if you could buy 1 contract for about 4,600k and immediately sell it for 1k+ profits (current stock price $62 so 100 shares would…

  • Robinhood bets big on crypto with $200 million deal to acquire the Bitstamp crypto exchange.

    Trading platform Robinhood Markets said on Thursday it has agreed to acquire cryptocurrency exchange Bitstamp for around $200 million in cash, speeding up a broader push into digital assets with its biggest-ever deal. The 11-year-old trading app, popular among retail traders, has been looking to expand its product offerings to mature into a full-fledged financial…

  • Eurozone cuts interest rate for first time in 5 years

    The EU has become the second major global economy to cut its lending rate this week. The European Central Bank (ECB) announced a cut in its main interest rate from an all-time high of 4% to 3.75%. That follows Canada's decision on Wednesday to cut its official lending rate. The ECB's move comes as voters…

  • TSMC ponders boosting AI chip production prices for Nvidia: Morgan Stanley

    Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is seriously considering increasing its production fees for artificial intelligence leader Nvidia (NASDAQ:NVDA) , according to a report by Morgan Stanley.Nvidia CEO Jensen Huang apparently agrees with the notion. “TSMC's wafer price is indeed too low,” said Huang at a Computex investor luncheon in Taipei on Wednesday.”I think TSMC's [service] price…

  • AAPL and WWDC on Monday: Expectations for AI and Stock Price to Hit $200+?

    Hey /stocks community, As we all know, Apple's Worldwide Developers Conference (WWDC) is coming up this Monday, and I’m curious to hear your thoughts on what we can expect, especially regarding AI innovations and how this might impact AAPL's stock price. A few points to consider: 1. AI Announcements: There’s a lot of buzz about…

  • Hertz considers $700 mln sale of secured debt plus convertibles, Bloomberg says

    June 6 (Reuters) – Rental car firm Hertz (HTZ.O),opens new tab is weighing a sale of at least $700 million in secured debt and a convertible notes offering, as it looks to shore up its balance sheet, Bloomberg News reported on Thursday, citing people with knowledge of the matter. Shares of the company plunged as…

  • These are the stocks on my watchlist (6/7)

    Hi! I am an ex-prop trader that trades equities. This is a daily watchlist for trading. I might trade all of the stocks on here, or none of them, on any given day. I might trade stocks that don't appear on here! I hold no positions in any stocks long-term but Amazon/Mag7/general broad market indices.…

  • Krispy Kreme $DNUT easy swing trade

    Just wanted to let you know that $DNUT is currently sitting near to all time low, strong long term accumulation point, and it has a gap to fill. Recently they announced a deal with McDonald's they popped up to $18 then for no reason they were shorted to $10 My position 300 stock at $10.24…

  • Question about past earnings/Stock diversity

    I'm pretty new to the stock market. There is a stock I like a lot ($TPC). I like everything about it except the fact that they have a really bad recent history at delivering on earnings reports. They have missed on 7 of their last 8 earnings. That being said they are up almost 150%…