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re: Diving deeper on Standard Lithium?

Posted on 10/29/21 at 10:44 am to
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 10/29/21 at 10:44 am to
I added 2,000 shares and 300 November call options on the one account Fidelity hadn't locked me out of today... Stupid customer information form that I had sent them back a month ago didn't get received by them somehow.
Posted by SmackoverHawg
Member since Oct 2011
27389 posts
Posted on 10/29/21 at 10:47 am to
quote:

You're more exhausting than my bitch of a secretary going through a divorce.


Pics. I may be in need of a bitchy, hot secretary going through a divorce.
Posted by SmackoverHawg
Member since Oct 2011
27389 posts
Posted on 10/29/21 at 10:49 am to
quote:

I added 2,000 shares and 300 November call options on the one account Fidelity hadn't locked me out of today... Stupid customer information form that I had sent them back a month ago didn't get received by them somehow.



You still like Fidelity? I was thinking about switching from Schwab due to the lending rates you're getting.
Posted by Palantir
I've been a Columbia House
Member since Oct 2020
691 posts
Posted on 10/29/21 at 10:49 am to
There's a couple around my way, but you definitely don't want pics
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 10/29/21 at 10:51 am to
Yeah my only complaint has been this stupid customer information form, but besides that Fidelity has been great. Would highly recommend. Of course now my accounts are unrestricted now that SLI is back up to $11.80...

Up to 100% lent out shares today, F EM! Can't wait to see them get burnt and go down to 0% lent out shares when the JV gets announced.
Posted by SmackoverHawg
Member since Oct 2011
27389 posts
Posted on 10/29/21 at 10:54 am to
quote:

There's a couple around my way, but you definitely don't want pics


Only want 7.5's and up. Don't knock a 7-7.5. Some of them have a unique sexiness, or a big arse.

I don't mind a 5.5 face with a big juicy booty. Hell, 3.86 and up is good if the back side is nice. I won't be looking at their face anyway. I can always take my contacts out. Good thing about being blind as shite.
Posted by TigerDoug
Lees Summit
Member since Mar 2017
621 posts
Posted on 10/29/21 at 10:55 am to
Have Fidelity here as well. No complaints here.
What price were you looking at on the November calls?
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
2937 posts
Posted on 10/29/21 at 10:55 am to
Added 650 more at 11.5
Posted by kirkthesmirk
Member since Oct 2021
10 posts
Posted on 10/29/21 at 10:57 am to
I'm sticking with SLI I believe in it for real...time will prove...just had to sell and buy the dip to lower my Avg
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 10/29/21 at 10:59 am to
I bought the November '19 $15 strike @ $.25 to $.30.. thinking if the JV gets announced before then that those would pay off very handsomely.
Posted by Shamoan
Member since Feb 2019
9473 posts
Posted on 10/29/21 at 11:20 am to
quote:

my bitch of a secretary


Pics?
Posted by SmackoverHawg
Member since Oct 2011
27389 posts
Posted on 10/29/21 at 11:24 am to
quote:

I bought the November '19 $15 strike @ $.25 to $.30.. thinking if the JV gets announced before then that those would pay off very handsomely.


I really need to start trading options.
Posted by KCRoyalBlue
Member since Nov 2020
1001 posts
Posted on 10/29/21 at 11:27 am to
quote:

I really need to start trading options.


Any good YouTube recommendations for a step-by-step process on trading options?

I'm scared to death of the stuff, because I just can't wrap my head around how it works and the overall theory. With that said, it seems like a way to make money.
Posted by deltaland
Member since Mar 2011
91263 posts
Posted on 10/29/21 at 11:29 am to
Maybe today we will get a lunch time boost instead
Posted by deltaland
Member since Mar 2011
91263 posts
Posted on 10/29/21 at 11:33 am to
quote:

Only want 7.5's and up. Don't knock a 7-7.5. Some of them have a unique sexiness, or a big arse.

I don't mind a 5.5 face with a big juicy booty. Hell, 3.86 and up is good if the back side is nice


You drank 5 beers in the time it took to type this didn’t you
Posted by deltaland
Member since Mar 2011
91263 posts
Posted on 10/29/21 at 11:36 am to
quote:

just had to sell and buy the dip to lower my Avg


Why sell? Buy the dip and hold your previous shares it’ll lower you average and you’ll have more shares so when I goes back up to 12.50 you’ll make bank
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 10/29/21 at 11:40 am to
Eh options can make you go bust real fast, or make you really rich. 90% of retail options traders end up in the first bucket, so proceed with caution.
Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 10/29/21 at 11:44 am to
Only want 7.5's and up. Don't knock a 7-7.5. Some of them have a unique sexiness, or a big arse.


might wanna stick to the bulldozer
This post was edited on 10/29/21 at 12:02 pm
Posted by el Gaucho
He/They
Member since Dec 2010
53573 posts
Posted on 10/29/21 at 11:46 am to
The stock has to go up for calls to work

Sli only goes down
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 10/29/21 at 11:50 am to
quote:

Any good YouTube recommendations for a step-by-step process on trading options?

I'm scared to death of the stuff, because I just can't wrap my head around how it works and the overall theory. With that said, it seems like a way to make money


Highly recommend that anyone new to options first trade them in a paper trading account first to learn the ropes.

All that being said, in the hypothetical scenarios below, here is what could happen with options:

Scenario #1: JV announced before November 19th (expiration date for November options), shares rocket to $20+.
Common shares increase ~40% in value, while options, depending on the strike, could increase many times higher than 40% in gain.

Scenario #2: JV not announced before November 19th, shares stay in this range.

Common shares have no change in value, while any options at strike prices above the current price would lose everything as they would expire worthless.

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