mrnotadvice OP t1_jecp7kd wrote on March 31, 2023 at 1:23 AM

Reply to comment by grimkhor in Went long QQQ calls today. I feel very dirty. by mrnotadvice

haha. Well I still have plenty of long calls.

Sold my long calls today:

EA (+45%-7days)
DAL (+57% - 1 day)
NU (85% - 2 days)

I still need to add some more long positions.

mrnotadvice OP t1_jeckd4f wrote on March 31, 2023 at 12:46 AM

Reply to comment by pintord in Went long QQQ calls today. I feel very dirty. by mrnotadvice

SQQQ. Just saying those letters made me pee a little.

mrnotadvice t1_je6yj6n wrote on March 29, 2023 at 9:16 PM

Reply to Thoughts on why Big Tech has been rallying and if it’s sustainable? by vwxyzabcdef

Easy: the sellers of bank stocks fled to big cap tech. Almost dollar for dollar the selling in banks = 'd the increase in market cap of the FANNG stocks.

Also, the Fed just injected $1 trillion, that money is going to risk assets. BUT - look at 2007. Bear Stearns died in March and then Lehman didnt go until Fall. In the middle some techs rallied. History repeats itself.

mrnotadvice t1_jdz69rk wrote on March 28, 2023 at 7:06 AM

Reply to What is a sucesssful rate of return for an options trader. by Aimadness

That’s a lot of trades in a week.

mrnotadvice OP t1_jdrpve1 wrote on March 26, 2023 at 5:48 PM

Reply to comment by jdmulloy in Schwab CDS jump is not concerning and those that think it is are Chicken Little. CTFD! by mrnotadvice

BD = Broker Dealer. Anything else?

mrnotadvice OP t1_jdr5uyr wrote on March 26, 2023 at 3:26 PM

Reply to comment by MyPeePeeReversed in Schwab CDS jump is not concerning and those that think it is are Chicken Little. CTFD! by mrnotadvice

One difference is that Schwab does no investment banking. Morgan does. Makes Schwab “safer.”

mrnotadvice OP t1_jdqv9k0 wrote on March 26, 2023 at 2:06 PM

Reply to comment by BreakfastOnTheRiver in Schwab CDS jump is not concerning and those that think it is are Chicken Little. CTFD! by mrnotadvice

Fiddler on the Roof

mrnotadvice OP t1_jdquxub wrote on March 26, 2023 at 2:03 PM

Reply to comment by MyPeePeeReversed in Schwab CDS jump is not concerning and those that think it is are Chicken Little. CTFD! by mrnotadvice

Mine are Cliff notes (do they even exist any more?) - broad strokes. Yours is very detailed. Well thought out. Well presented. And -your username keeps making me laugh everytime I see it.

mrnotadvice OP t1_jdqtztd wrote on March 26, 2023 at 1:55 PM

Reply to comment by numb-to-liquidation in Schwab CDS jump is not concerning and those that think it is are Chicken Little. CTFD! by mrnotadvice

I think the sector will be much lower by October

mrnotadvice OP t1_jdqtvku wrote on March 26, 2023 at 1:54 PM

Reply to comment by CriticallyThougt in Schwab CDS jump is not concerning and those that think it is are Chicken Little. CTFD! by mrnotadvice

What?

mrnotadvice OP t1_jdp96gt wrote on March 26, 2023 at 2:45 AM

Reply to comment by mrpizzatacular in Schwab CDS jump is not concerning and those that think it is are Chicken Little. CTFD! by mrnotadvice

Exactly. Plus, it would take time for the ACAT process. The fastest I have ever seen was 1 week. Cash in an account can be wired out same day.

mrnotadvice OP t1_jdobugo wrote on March 25, 2023 at 10:29 PM

Reply to comment by Dry-Volume-2189 in Schwab CDS jump is not concerning and those that think it is are Chicken Little. CTFD! by mrnotadvice

In terms of direct revenues not much. However, remember every clearing firm can loan out and borrow against customers securities. With 7 trillion in customer assets even an inflow of 100b wouldn’t initially move earnings. The way I look at it is that Schwab just saved a shit ton in marketing and has tons of new clients to sell the rest of their products too. Down the road it should produce gains.