What they're buying off-chain.

Feel free to test out my new social stock trading app: stocktalk.trade, powered by Jupiter and Backpack. Also, dm me on twitter (@bearonionlol) if you have any questions about it.

I have a few etfs and like 15 stocks that I’m in, but I’ll share them tomorrow. Kinda tired so gonna go to bed soon

Tbh, just buy QQQ and hold forever if you don’t wanna do research. 🤪

its in multiple exchanges, LSE, XETR, and XAMS (amsterdam?) as long as your broker lists it, you should be able to get them (e.g.g screenshot is incomeshares QQQ)

the irish is the domiciled status for tax reasons not so much for "availability" but idk if americans can access these without a broker that specifically lists them, but for most eu countries should be fine

Just keep in mind these are income products that sell options and hold cash and shares, they are not growth products so don't expect them to follow the underlying so closely, and their nav can decay depending on if options are assigned to any options they sell. What I like to do is combine it with WINC and a few other etfs, so that income I get from incomeshares, I usually put into something more nav stable like those other etfs, when nav drops enough on incomeshares I usually then buy even more of them. The premiums can also differ month by month, right now they're a bit low due to low volatility (see VIX is showing very low, thus low premiums)

With just $420 usd of liquidity, my P/L YTD is $32 (2 weeks) With $4200, placing the same trades just 10x the amount, your P/L YTD would be $320 for 2 weeks of writing defined-risk deep out of the money short put spreads With $42000, the same trades, and 100x the amount, your P/L YTD over 2 weeks would be roughly $3200 Being deep out of the money means they are more likely than not to benefit from theta decay (this is what you want with shorting options) and unlikely to result in assignment. Even if you are assigned, your losses are significantly less than if you straight up shorted without the long leg. This P/L is mostly from QQQ, but I also started writing spreads on DIA (dow jones)

What we buying in the sale today boys

I bought some hood, qqq, gev

Btw, Nasdaq is investing 100m in kraken for tokenization efforts

I think this might be bullish for 24/7 tokenized trading without need for a settlement period, and Robinhood is early

Idk what other company we can get exposure to tokenization boom other than through hood for now. Don’t think kraken has plans for an ipo any time soon

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Options Part 2 In the attached screenshot you can see a particular trade I'm looking at on QQQ, with strike prices 675–676, and 45 days until expiry as indicated by the 45d in the middle column at the top. The trade window at the bottom shows my max profit for 1 contract is $23 and my max loss is $77. I deliberately set the Time in Force to be 1 day prior to the options expiry date, so the position is automatically closed 1 day before expiry. This is to avoid expiration risk (Google this if u dk what it means). The general gist is that, if you hold a spread on expiration, you can potentially end up being assigned on the STO side without knowing for certain whether your BTO side was exercised, which could temporarily leave you with an unintended naked position. STO = Sell To Open → opening a short position BTO = Buy To Open → opening a long position The general idea here is that I expect QQQ to stay above 676. If it does, then theta (time decay) works in my favour. As the options approach expiry, their value should generally decay, allowing me to keep the premium I collected when I opened the trade, or potentially close the position early for a profit. If QQQ falls below 676, the position starts moving against me. However, because I have also bought the 675 put, my downside is capped. That's what makes this a defined-risk spread. You can see the POP in the trade window below suggests a Probability of Profit of around 80%. So, roughly speaking, I'm risking $77 to potentially make $23, giving me a maximum return of about 30% on the capital at risk if the trade expires completely in my favour. Obviously, 80% POP doesn't mean there's an 80% guarantee of making money — it's an estimate based on the options pricing/model. And the trade still has a relatively small but meaningful chance of taking the full $77 loss. As the link in Part 1 shows, it also fits the following: * Optimal DTE 30–45 days * Strike selection at the 15–25 delta (-0.21 -> 21)

I added 30k to QQQ yday, should have done TQQQ instead but oh wells

Been on the wrong side of levered bets many a times 🕊️ it sucks.

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