Ignore my fucking username
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Is $BOIL worth going long? Or should I short $KOLD because I feel that Nat Gas can't go much fucking lower than this, right?
And over time, KOLD decays, so why shouldn't I just get 2024 or 2025 KOLD puts or short calls?
So guys, what are your thoughts on Nat Gas?
Today I sold a few short BOIL puts, and also was thinking of selling KOLD calls because in time, KOLD always decays. Thoughts?
This subreddit changes every year or two just the way it is. I've been here since long before options when we were buying biotech with the "fda approval coming any day now!", and 3x gold and nat gas etfs just because. Between churn, the media, and reddit cracking down on the language, it's a constantly evolving place.
Some things never change though. New people find stonks, lose all their money chasing lies and idiots, then the next round comes in. Just look at all the furus on Twitter, Tik tok, etc none of them last more than a few years when people realize they're paying a subscription to some idiot for nothing but a coin flip Or they get arrested for actual market manipulation. (cough, Zack Morris) Then a new Furu emerges rinse repeat. It's nothing but scams and survivorship bias. The mods here do their best to prevent the former but unfortunately everyone falls victim to chasing the 10 bagger and the fairy tale of the everyday guy beating the "hegies" or whatever boogie man is forcing them to gamble.
S tier memes though. Shout out to u/haupt91
I’m fine with paying, but the little manipulations annoy me. It’s very difficult to keep track of my profits and losses, for example. It’s also hard to see the fees I’ve paid. TDA doesn’t even let me see individual tax lots. It’s also really cumbersome to place orders at the mark price instead of the nat price. I think TDA’s website is weak and TOS is overrated (but vastly superior to Active Trader Pro). I’m looking forward to the Schwab integration because I liked their website and app when I had them in the past.
The fills at TDA are supposed to be the best (followed by ETrade, Fidelity, Robinhood, and IBKR in the rear according to this big UC Irvine study), but I haven’t really noticed. I try to trade only ultra liquid assets though where I can though. The only thing I’ll say is that TDA’s customer service is the best hands down. Otherwise, I’d honestly rather just use Robinhood because it’s slightly cheaper for the most part. The TOS boss moved to Robinhood so we’ll see how it changes.
BOIL is going to be the easiest trade ever. Just wait to buy. All you have to do is wait. You’re grandma could do it. The question is simply how much money will you have left when it turns? Classic falling knife, just wait for the *thunk*. There’s so much manipulation and volume in nat gas right now, the bottom should be pretty darn clear. So if you’re not 100% sure, yeah, it’s not here yet. Even if you’re a couple of days late, you’re not going to miss this one.
Edit: Do not buy yet. That’s my suggestion.
Nat gas pretty close to reaching its measured move downside target. Normally I'd say it's in a nice position for a contrarian snapback long play, but natty has a history of getting pounded and staying down