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re: Diving deeper on Standard Lithium?

Posted on 9/15/21 at 10:02 am to
Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 9/15/21 at 10:02 am to
This is the way of the wave,
Greener: Oil giant Chevron is tripling spending on low-carbon initiatives. It plans to drop $10B through 2028 on carbon capture, biofuels, and other tech.
This post was edited on 9/15/21 at 10:03 am
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31145 posts
Posted on 9/15/21 at 10:25 am to
5.64% daily average rate on my shares being lent out. Highest of any of my lent stocks.
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 9/15/21 at 10:55 am to
I'm getting 7.125% on Fidelity, but only about 20% of my shares are getting lent out.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31145 posts
Posted on 9/15/21 at 11:07 am to
quote:

I'm getting 7.125% on Fidelity




What's a normal daily take for you on it? Mine is a couple bucks
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 9/15/21 at 11:16 am to
I'm getting about $30/day into my brokerage and $30/day into my Roth accounts. Get 7.125% on SLI, 6.375% on HUMA, 3.375% on NVVE, and 2.125% on ASTS. About 20% of SLI is normally lent out, all of HUMA, about half of NVVE, and all of ASTS.

If I could just get all my SLI lent out, I'd be making like $6-7k/month. And the interest money earned in my Roth gets deposited tax free into that account!
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31145 posts
Posted on 9/15/21 at 12:49 pm to
quote:

If I could just get all my SLI lent out, I'd be making like $6-7k/month.


shite, that'd almost be retirement money...$72k a year for doing nothing other than owning a stock
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 9/15/21 at 1:13 pm to
Assuming it stays at this price level… If it went to $20/share then it’d be like $200K per year, crazy.
Posted by lighter345
Member since Jan 2009
11865 posts
Posted on 9/15/21 at 1:15 pm to
LINK

SLi just posted a photo of its director with Cramer on the floor of NYSE
Posted by tigerfoot
Alexandria
Member since Sep 2006
56345 posts
Posted on 9/15/21 at 1:47 pm to
Damn, one is a giant or the other is a midget.
Posted by el Gaucho
He/They
Member since Dec 2010
53018 posts
Posted on 9/15/21 at 2:01 pm to
Wow it’s like Sli does dumb shite like hang out with Cramer and post on Twitter like I suggested and it goes up

Was that really so hard Sli?
Posted by el Gaucho
He/They
Member since Dec 2010
53018 posts
Posted on 9/15/21 at 2:02 pm to
If I lend shares I gotta get off margin right? Idk y’all are making it sound like not a bad deal
Posted by Fe_Mike
Member since Jul 2015
3140 posts
Posted on 9/15/21 at 2:14 pm to
Well that’s cool.

If Cramer does a spot on SLI we could definitely see an unexpected bounce.

When does Mad Money air?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31145 posts
Posted on 9/15/21 at 2:16 pm to
quote:

If I lend shares I gotta get off margin right?


I believe so. The Etrade one is called "Fully Paid Shares Lending".

It's legit free money.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31145 posts
Posted on 9/15/21 at 2:20 pm to
quote:

When does Mad Money air?


That show is hard to watch. He talks so goddamn fast you can't digest what he's saying.
Posted by Pendulum
Member since Jan 2009
7049 posts
Posted on 9/15/21 at 2:25 pm to
5 to 6 cst
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 9/15/21 at 2:25 pm to
If you are approved for Level 4 options, then you can do the fully paid lending while still writing covered calls. But with Fidelity at least, if you do the fully paid lending in retirement accounts or a brokerage account with Level 1 or 2 options trading enabled, then you can’t write covered calls anymore. My brokerage account is set to Level 4 even though I never trade on margin, just so I can write calls while getting the fully paid lending income. Out of retirement accounts, only IRA’s are eligible for fully paid lending, 401K’s and H.S.A’s are not eligible.
This post was edited on 9/15/21 at 2:26 pm
Posted by el Gaucho
He/They
Member since Dec 2010
53018 posts
Posted on 9/15/21 at 2:46 pm to
Damn please hit 7 today lol

Kinda based we gonna be on mad money
Posted by GrizzlyAlloy
Member since Aug 2020
1653 posts
Posted on 9/15/21 at 3:01 pm to
quote:

Kinda based we gonna be on mad money


I knew they were reading this thread. After so many red days, they said frick it and took our advice.
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 9/15/21 at 3:07 pm to
Finally got a strong close… nice to see the green hold up today.

if we close above $7 on Friday, you going for the 22 year olds?
This post was edited on 9/15/21 at 3:14 pm
Posted by el Gaucho
He/They
Member since Dec 2010
53018 posts
Posted on 9/15/21 at 5:00 pm to
Going for the 22yos tonight sheeit
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