LeafOfFaith
Well-known member
By the way, this random Avocado account is legit fucking hilarious the more and more I scroll down.
Genius fucking guy!
Genius fucking guy!
Hey Nerds: Blockchain
- Thread starter zeke
- Start date
LeafOfFaith
Well-known member
Screech just died from cancer at 44. Wow. I thought it was a publicity stunt when he announced it like two weeks ago.
CH1
The Artist Formerly Known as chiggins.
so, you're saying there's a chance it really is Preston?
LeafOfFaith
Well-known member
I don't know. I asked, but he said he's an avocado and not taking questions at this time.
CH1
The Artist Formerly Known as chiggins.
nah...LOF is simply confusing trade direction with duration. #thatswhatshesaid
LeafOfFaith
Well-known member
How do you go long on calls? If you buy calls, you're expecting the price to rise. So all you have to do is say I bought calls.
If you say you went long on calls, that implies you're going to hold a while, no? Otherwise you just say you bought them.
I'm not busy with options obviously, so I don't know on this one (not a clear cut case like hoarding).
If you say you went long on calls, that implies you're going to hold a while, no? Otherwise you just say you bought them.
I'm not busy with options obviously, so I don't know on this one (not a clear cut case like hoarding).
LeafOfFaith
Well-known member
In other words, direction is established by the act of buying the calls.
Saying "long" speaks to duration.
Saying "long" speaks to duration.
CH1
The Artist Formerly Known as chiggins.
you can also short calls, though...but from now on, I will say "Bought calls" to avoid 12 pages of back and forth
PS: long does not mean long term, just like short does not mean short term
LeafOfFaith
Well-known member
I don't recall any confusion last week, other than you saying you were saving some money!
LeafOfFaith
Well-known member
CH1
The Artist Formerly Known as chiggins.
raising cash levels with his toiler paper hands
LeafOfFaith
Well-known member
Sorry to disappoint, but if you can short calls, then he's right in saying he went long on calls. Precision accuracy.
Not like using hoarding to describe accumulation of any kind or any other ordinary action.
CH1
The Artist Formerly Known as chiggins.
it's actually more clever than that----(and there are some shops that make all their money doing that)
example. let's say you think TSLA is overpriced...you can sell the $900 calls that expire Friday this week for $475 each
if TSLA closes the week at 900 or less, you keep all the money
Preston
MBow30 alt account
1 is basic trading jargon and the other is....
Oh wait, basic trading jargon.
CH1 didn't actually hold a position LONG! HOW CAN IT BE LONG? AND HOW CAN IT BE HOARDING IF MY HOUSE ISN'T DROWNING IN 100 DOLLAR BILLS?!?!?!?!!?!?!
HOARD-GATE PART 2!!! LETS GET IT!!!
LeafOfFaith
Well-known member
No wonder there are so many billionaires out there.
With this kind of maneuvering available to be exploited, I'm surprised there aren't more.
With this kind of maneuvering available to be exploited, I'm surprised there aren't more.
axlsalinger
Well-known member
Dummy question here:
GRAMF not listed on Wealthsimple ... but a google search brings up the name TPCO Holding Corp., and there is a GRAM.U with the same name and price.
GRAM.U
TPCO Holding Corp (Class A)
So must be the same company - but what's the difference?
Though I'm disappointed it's another pot stock, I thought Preston was diversifying.
GRAMF not listed on Wealthsimple ... but a google search brings up the name TPCO Holding Corp., and there is a GRAM.U with the same name and price.
GRAM.U
TPCO Holding Corp (Class A)
So must be the same company - but what's the difference?
Though I'm disappointed it's another pot stock, I thought Preston was diversifying.