Three card monte dealer"you got to be in it." Then you finally place a bet and the red card ends up in a spot that you didn't bet on and you lose your cash. Cabin Boy is right to eat popcorn on his coach, while dreaming up hypothetical scenarios for himself.
As a person who's got impaled on naked calls, this makes me cringe. Also, rolling only works if the movement hasn't been too extreme. Not to mention, adds superficial loss problems, etc...
\ we are 7 days above the 21 average +2.5%, closer to the average of 25 days should be the collapse back below the mean at 21 days. it's about knowing the cycles and the duration to expect, you can't just sell blind most option guys believe in neutral market theory too much. you have to have some directional bias built no matter how elementary. ps i worked and was a trader for the worlds largest option trader back in the day. we only sold calls naked and covered and sold flex options over the weekend. the money is in accepting the highest risk and being able to manage that risk. it's not easy at all but with deep pockets you can never lose. we were short sp calls for decades - decades.
I'm still following it...WOW!! PE under 4...Options through the roof!! People, what do I not see??? I have not bought... Is there fraud in this company?? How can you prove it?? Could it be an industry leader, or a house of cards?? Please don't just say "you're nuts"!! Tell me WHY this is a bad investment... Thanks...
I think I found my answers. Yahoo! Finance is one of the least trusted sites on the internet...I get it. But sometime you can find common sense answers. Here are a few posted down below...Just a sample. Run Cabin... Watching this stock has been a real eye-opener for me. As a novice investor during its IPO, I was struck by the overwhelmingly bullish take of it's analysts and also my fellow novice investors surrounding me. Fortunately, I avoided this one as it's now lost nearly 90%. Sometimes trusting a gut feeling can save you and be more valuable than years of experience. One cruel fact you all want to be aware. Insiders held 24% of COIN in August 2021. In less than about a year, they are holding only 1.8%. If the management is not confident about their ability and their own company, it is a big red flag . Good luck. COIN is Down 83% for the year... This is a disaster folks. Profit Margin -24.35% Operating Margin -0.71% Return on Assets -0.03% Return on Equity -22.35% A CD returns 4%. So, if you had a CD for the year, it would have outperformed COIN by 87%. Anyone putting money into this and other Crypto is doing it ONLY for speculative reasons. There is nothing here to 'invest' in. It's all hype. That is why most are heading for the exits while they still can. There should be no PE ratio for this company. It's trailing twelve months produced overall negative net earnings. Yahoo finance showing a PE ratio of 4 is misleading the retail investor.