I remember buying Nvidia in 2016 and riding it up to $350K gains in 2021 before it had the massive crash and lost 70% of its value...almost gave up and then the AI revolution happened. Im now up $2.8+ million on 14,000 shares.
Hey gang, I am just starting a subreddit for us that love to collect skateboarding gear. I am hoping to turn it into something like r/watchexchange that has been an excellent resource for the watch community to trade/buy/sell watches. The new subreddit is r/skateboardexchange. Please come join and let's try to make a great community for us to partake in our love for and collecting of all things skateboarding.
Hey gang, I am just starting a subreddit for us that love to collect skateboarding gear. I am hoping to turn it into something like r/watchexchange that has been an excellent resource for the watch community to trade/buy/sell watches. The new subreddit is r/skateboardexchange. Please come join and let's try to make a great community for us to partake in our collecting.
The premiums are huge! January 28 $130 strikes are selling at $32. Insane premium for an incredibly low chance that this stock is trading at less than an effective buy price of $98 in January 2028.
Does anyone here know if there is a skateboarding exchange subreddit like r/watchexchange where we can sell to each other at decent prices without incurring all the fees? I've got a big collection and would love to pass some on to other collectors at a decent price (basically the same I would net from an eBay sale after fees, etc.)
Supposed to depart yesterday at 12:10pm and this flight has been delayed again and again. Luckily the pilot went and talked to maintenance pretty early on in the delay and came back up and told us this plane isn’t leaving today so we were able to rebook. Still curious, I keep checking on it. It was delayed to 2pm to 6pm all on 11/4. Next time I checked it was delayed to 7am 11/5 and now it’s delayed to 3:30pm 11/5. Only 4 seats are occupied now. At what point will they just cancel the flight? I’m really surprised they haven’t cancelled it at this point.
I feel like I have had an inordinate amount of delays this year. This one was mechanical and the last one they delayed the night before my flight due to crew rest requirements. I do feel like a lot of my flights this year have been delayed because of mechanical issues but that may just be confirmation bias at this point.
What if Reddit sold a ton of naked puts at varying strikes? Say they sell a ton of the June 18, 2026 $150 strike puts which are currently trading at about $7.20. If the stock falls below the strike then they can acquire the shares for effectively $142.80 and fulfill part of the stock repurchase plan and if they don't fall below that strike then they would pocket the premium and it would add to net income. If they sold 10,000 contracts at that strike and assuming they could do so at $7.20 they would pocket $7.2 million in premium right away. If it falls below $150 they acquire a million shares for essentially $142.8 million.
Edit: I can't change the post title but is should read "Could Reddit sell a ton of puts?" Doh.
Edit 2: I sold some June 18, 2026 $150 strike puts ... following my own advice.
Absolutely bonkers good quarter ... Totally expect tons of upgrades now. Hopefully Reddit will start getting more of the respect it deserves on the street. Guarantee Cramer is going to be talking about it. It's an unreal quarter.
Just so you all know if you are traveling through / to / from DFW there is a major storm system coming through and a ground stop is in effect. Trams are also down.
Update: Trams have started back up as of 6:21pm.
Update 2: everything seems to be a go again. Planes are landing and taking off.
