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OGTD1 3 points ago +3 / -0

OP feeling comfy today…

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FelixtheMan 2 points ago +2 / -0

You will be able to make money on this in the morning if futures keep it uo

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UnitCondor 2 points ago +2 / -0

Threw a few hundred at it. Good tip. I been shilling for ocln of you want to take a look.

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Pessimist [S] 1 point ago +1 / -0

Bought 360 ocln with what I had left over. Thanks

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FelixtheMan 2 points ago +2 / -0

Buying any of the neg volatility funds like that are not a good long term play. They are a timing play more than a time in play, they decay so what will happen is it will gradually decrease and reverse split. If you time it right it will be a 1000x play, but long term it's a loss. You are better off buying puts way out on the most inflated stock you can find. I've played vix and uvxy calls lately and pissed away money.

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Pessimist [S] 1 point ago +1 / -0

It was less than 5% above the 52 wk low when I bought it. I willing to tolerate decay for a month or two.

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FelixtheMan 1 point ago +1 / -0

Even that is a tough call. If thats your plan, I would mitigate the loss by buying calls on it.

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OGTD1 1 point ago +1 / -0

But today my good lad is the beginning of the end. I sold my UVXY position late last week, so of course the drop happens. China eating ass right now and imploding because their crap can’t ship and their going full Commie.

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ShabbosSean 0 points ago +1 / -1

So buy puts on whatever stock Reddit is hyping up?

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Rooo 2 points ago +2 / -0

Thanks for the heads-up on vixy, got me looking at etfs. Just made a monkey 👌🏻

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Based45 1 point ago +1 / -0

What does this mean? I’ve been out of the loop for a couple of months with my kids home, and then school starting back up.

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ChikfilaFan 1 point ago +1 / -0

Hey thanks!